Hae In (003010) - Net Assets

Latest as of December 2025: ₩127.63 Billion KRW ≈ $86.49 Million USD

Based on the latest financial reports, Hae In (003010) has net assets worth ₩127.63 Billion KRW (≈ $86.49 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩250.66 Billion ≈ $169.87 Million USD) and total liabilities (₩123.03 Billion ≈ $83.38 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 003010 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩127.63 Billion
% of Total Assets	50.92%
Annual Growth Rate	2.39%
5-Year Change	25.15%
10-Year Change	39.78%
Growth Volatility	8.12

Hae In - Net Assets Trend (2006–2025)

This chart illustrates how Hae In's net assets have evolved over time, based on quarterly financial data. See how many days can Hae In fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hae In (2006–2025)

The table below shows the annual net assets of Hae In from 2006 to 2025. For live valuation and market cap data, see 003010 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	₩127.63 Billion ≈ $86.49 Million	+6.12%
2024-12-31	₩120.27 Billion ≈ $81.50 Million	+4.75%
2023-12-31	₩114.81 Billion ≈ $77.81 Million	+6.26%
2022-12-31	₩108.05 Billion ≈ $73.22 Million	+5.95%
2021-12-31	₩101.98 Billion ≈ $69.11 Million	+3.87%
2020-12-31	₩98.18 Billion ≈ $66.54 Million	+2.76%
2019-12-31	₩95.54 Billion ≈ $64.75 Million	+4.24%
2018-12-31	₩91.66 Billion ≈ $62.12 Million	-0.70%
2017-12-31	₩92.30 Billion ≈ $62.55 Million	+1.09%
2016-12-31	₩91.31 Billion ≈ $61.88 Million	+0.06%
2015-12-31	₩91.25 Billion ≈ $61.84 Million	-5.28%
2014-12-31	₩96.34 Billion ≈ $65.29 Million	+0.30%
2013-12-31	₩96.05 Billion ≈ $65.09 Million	-8.27%
2012-12-31	₩104.72 Billion ≈ $70.97 Million	-6.22%
2011-12-31	₩111.66 Billion ≈ $75.67 Million	+0.11%
2010-12-31	₩111.54 Billion ≈ $75.59 Million	+31.56%
2008-12-31	₩84.78 Billion ≈ $57.45 Million	-0.60%
2007-12-31	₩85.30 Billion ≈ $57.80 Million	+4.71%
2006-12-31	₩81.46 Billion ≈ $55.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hae In's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 13103693323000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩131.04 Billion	102.67%
Total Equity	₩127.63 Billion	100.00%

Hae In Competitors by Market Cap

The table below lists competitors of Hae In ranked by their market capitalization.

Company	Market Cap
Jiangsu Youli Investment Holding Co Ltd SHE:000584	$32.29 Million
Allianz Technology Trust PLC LSE:ATT	$32.29 Million
Lindeman Asia Investment Co. Ltd KQ:277070	$32.30 Million
MPC Energy Solutions NV OL:MPCES	$32.31 Million
Level Biotechnology TWO:3118	$32.26 Million
Glacier Media Inc. TO:GVC	$32.25 Million
NovaBay Pharmaceuticals Inc NYSE MKT:NBY	$32.22 Million
Redwood Group Ltd TWO:8426	$32.21 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hae In's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 120,265,987,760 to 127,629,005,540, a change of 7,363,017,780 (6.1%).
Net income of 14,236,946,120 contributed positively to equity growth.
Dividend payments of 1,934,698,140 reduced retained earnings.
Share repurchases of 4,999,997,270 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩14.24 Billion	+11.15%
Dividends Paid	₩1.93 Billion	-1.52%
Share Repurchases	₩5.00 Billion	-3.92%
Other Changes	₩60.77 Million	+0.05%
Total Change	₩-	6.12%

Book Value vs Market Value Analysis

This analysis compares Hae In's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.39x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 0.54x to 0.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩8925.36	₩4860.00	x
2018-12-31	₩8869.56	₩4860.00	x
2019-12-31	₩9249.40	₩4860.00	x
2020-12-31	₩9975.15	₩4860.00	x
2021-12-31	₩10379.59	₩4860.00	x
2022-12-31	₩10052.45	₩4860.00	x
2023-12-31	₩10681.80	₩4860.00	x
2024-12-31	₩11189.28	₩4860.00	x
2025-12-31	₩12588.15	₩4860.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hae In utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 11.15%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.89%
• Asset Turnover: 0.96x
• Equity Multiplier: 1.96x
Recent ROE (11.15%) is above the historical average (2.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	2.22%	1.59%	0.94x	1.50x	₩-6.33 Billion
2007	6.35%	3.47%	1.06x	1.72x	₩-3.11 Billion
2008	3.78%	1.87%	0.85x	2.37x	₩-5.28 Billion
2010	5.47%	2.83%	1.16x	1.67x	₩-5.10 Billion
2011	3.61%	2.12%	0.98x	1.73x	₩-7.35 Billion
2013	-4.70%	-2.12%	1.00x	2.22x	₩-15.18 Billion
2014	1.39%	0.55%	1.01x	2.47x	₩-8.95 Billion
2015	-3.30%	-1.62%	0.86x	2.36x	₩-13.31 Billion
2016	0.94%	0.45%	0.90x	2.33x	₩-9.13 Billion
2017	1.99%	0.84%	1.04x	2.27x	₩-8.05 Billion
2018	-0.30%	-0.14%	0.95x	2.29x	₩-10.28 Billion
2019	4.45%	1.78%	1.19x	2.10x	₩-5.78 Billion
2020	4.90%	2.41%	1.05x	1.94x	₩-5.47 Billion
2021	4.89%	2.64%	1.06x	1.75x	₩-5.70 Billion
2022	-1.95%	-1.18%	0.74x	2.23x	₩-12.91 Billion
2023	6.45%	2.68%	1.09x	2.21x	₩-4.08 Billion
2024	6.05%	2.92%	0.95x	2.19x	₩-4.75 Billion
2025	11.15%	5.89%	0.96x	1.96x	₩1.47 Billion

Industry Comparison

This section compares Hae In's net assets metrics with peer companies in the Industrial Distribution industry.

Industry Context

Industry: Industrial Distribution
Average net assets among peers: $174,773,520,968
Average return on equity (ROE) among peers: -0.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hae In (003010)	₩127.63 Billion	2.22%	0.96x	$32.27 Million
Gs Global (001250)	$-154.63 Billion	0.00%	0.00x	$168.56 Million
Sam Yung Tradi (002810)	$245.19 Billion	8.77%	0.21x	$242.51 Million
Playgram Co. Ltd (009810)	$48.02 Billion	-16.12%	0.32x	$39.09 Million
Hyundai Corp (011760)	$667.02 Billion	5.06%	1.89x	$202.68 Million
Duckshin Housing Co. Ltd (090410)	$68.26 Billion	1.66%	0.44x	$29.20 Million

About Hae In

KO:003010 Korea Industrial Distribution

Market Cap

$32.27 Million

₩47.62 Billion KRW

Market Cap Rank

#23559 Global

#1595 in Korea

Share Price

₩4860.00

Change (1 day)

-5.08%

52-Week Range

₩4700.00 - ₩8030.00

All Time High

₩11317.93