Heung-A Shipping Co. Ltd. (003280) - Net Assets
Based on the latest financial reports, Heung-A Shipping Co. Ltd. (003280) has net assets worth ₩282.55 Billion KRW (≈ $191.48 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩482.60 Billion ≈ $327.05 Million USD) and total liabilities (₩200.05 Billion ≈ $135.57 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 Heung-A Shipping Co. Ltd. (003280) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩282.55 Billion |
| % of Total Assets | 58.55% |
| Annual Growth Rate | 8.46% |
| 5-Year Change | 152.49% |
| 10-Year Change | 35.03% |
| Growth Volatility | 70.53 |
Heung-A Shipping Co. Ltd. - Net Assets Trend (2000–2025)
This chart illustrates how Heung-A Shipping Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 003280 company net worth.
Annual Net Assets for Heung-A Shipping Co. Ltd. (2000–2025)
The table below shows the annual net assets of Heung-A Shipping Co. Ltd. from 2000 to 2025. Also explore 003280 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩259.91 Billion ≈ $176.14 Million |
+11.05% |
| 2024-12-31 | ₩234.04 Billion ≈ $158.61 Million |
+37.09% |
| 2023-12-31 | ₩170.71 Billion ≈ $115.69 Million |
+26.17% |
| 2022-12-31 | ₩135.30 Billion ≈ $91.69 Million |
+31.44% |
| 2021-12-31 | ₩102.94 Billion ≈ $69.76 Million |
+975.14% |
| 2020-12-31 | ₩-11.76 Billion ≈ $-7.97 Million |
-138.04% |
| 2019-12-31 | ₩30.92 Billion ≈ $20.95 Million |
-57.73% |
| 2018-12-31 | ₩73.15 Billion ≈ $49.57 Million |
-37.42% |
| 2017-12-31 | ₩116.88 Billion ≈ $79.21 Million |
-39.28% |
| 2016-12-31 | ₩192.49 Billion ≈ $130.45 Million |
+11.22% |
| 2015-12-31 | ₩173.08 Billion ≈ $117.29 Million |
+3.39% |
| 2014-12-31 | ₩167.40 Billion ≈ $113.45 Million |
+7.76% |
| 2013-12-31 | ₩155.35 Billion ≈ $105.28 Million |
+24.61% |
| 2012-12-31 | ₩124.67 Billion ≈ $84.48 Million |
+10.07% |
| 2011-12-31 | ₩113.26 Billion ≈ $76.75 Million |
-48.59% |
| 2010-12-31 | ₩220.29 Billion ≈ $149.29 Million |
+46.69% |
| 2009-12-31 | ₩150.17 Billion ≈ $101.77 Million |
+24.35% |
| 2008-12-31 | ₩120.76 Billion ≈ $81.84 Million |
+37.55% |
| 2007-12-31 | ₩87.80 Billion ≈ $59.50 Million |
-1.87% |
| 2006-12-31 | ₩89.47 Billion ≈ $60.63 Million |
-1.66% |
| 2005-12-31 | ₩90.98 Billion ≈ $61.65 Million |
+20.68% |
| 2004-12-31 | ₩75.39 Billion ≈ $51.09 Million |
+128.38% |
| 2003-12-31 | ₩33.01 Billion ≈ $22.37 Million |
+3.44% |
| 2002-12-31 | ₩31.91 Billion ≈ $21.63 Million |
+253.70% |
| 2001-12-31 | ₩9.02 Billion ≈ $6.11 Million |
-73.57% |
| 2000-12-31 | ₩34.14 Billion ≈ $23.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Heung-A Shipping Co. Ltd.'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 4634678240000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩46.35 Billion | 18.17% |
| Other Components | ₩208.70 Billion | 81.83% |
| Total Equity | ₩255.05 Billion | 100.00% |
Heung-A Shipping Co. Ltd. Competitors by Market Cap
The table below lists competitors of Heung-A Shipping Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Palisade Bio Inc
NASDAQ:PALI
|
$296.26 Million |
|
Lafayette Digital Acquisition Corp. I Class A Ordinary Shares
NASDAQ:ZKP
|
$296.28 Million |
|
Mitrabahtera Segara Sejati Tbk
JK:MBSS
|
$296.35 Million |
|
Taimide Tech Inc
TW:3645
|
$296.42 Million |
|
Alico Inc
NASDAQ:ALCO
|
$296.08 Million |
|
Sidetrade
PA:ALBFR
|
$296.08 Million |
|
Hubei Mailyard Share Co Ltd
SHG:600107
|
$296.06 Million |
|
Bank of Greece
AT:TELL
|
$295.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heung-A Shipping Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 228,328,123,070 to 255,047,354,930, a change of 26,719,231,860 (11.7%).
- Net income of 30,590,840,050 contributed positively to equity growth.
- Dividend payments of 824,000,000 reduced retained earnings.
- Other factors decreased equity by 3,047,608,190.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩30.59 Billion | +11.99% |
| Dividends Paid | ₩824.00 Million | -0.32% |
| Other Changes | ₩-3.05 Billion | -1.19% |
| Total Change | ₩- | 11.70% |
Book Value vs Market Value Analysis
This analysis compares Heung-A Shipping Co. Ltd.'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: 1.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.92x to 1.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1969.94 | ₩1818.00 | x |
| 2018-12-31 | ₩894.09 | ₩1818.00 | x |
| 2019-12-31 | ₩277.31 | ₩1818.00 | x |
| 2020-12-31 | ₩-101.30 | ₩1818.00 | x |
| 2021-12-31 | ₩428.44 | ₩1818.00 | x |
| 2022-12-31 | ₩543.89 | ₩1818.00 | x |
| 2023-12-31 | ₩690.36 | ₩1818.00 | x |
| 2024-12-31 | ₩950.32 | ₩1818.00 | x |
| 2025-12-31 | ₩1060.82 | ₩1818.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heung-A Shipping Co. Ltd. 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): 11.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.92%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.78x
- Recent ROE (11.99%) is above the historical average (-3.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 77.78% | 2.77% | 1.57x | 17.90x | ₩12.22 Billion |
| 2004 | 52.44% | 4.70% | 1.75x | 6.38x | ₩24.58 Billion |
| 2005 | 24.65% | 2.67% | 1.59x | 5.80x | ₩10.58 Billion |
| 2010 | 7.57% | 1.12% | 1.06x | 6.36x | ₩-2.99 Billion |
| 2012 | 12.37% | 2.12% | 1.36x | 4.28x | ₩2.95 Billion |
| 2013 | 11.69% | 2.36% | 1.35x | 3.68x | ₩2.62 Billion |
| 2014 | 10.96% | 2.22% | 1.27x | 3.88x | ₩1.61 Billion |
| 2015 | 6.08% | 1.24% | 1.07x | 4.57x | ₩-6.79 Billion |
| 2016 | -8.92% | -2.06% | 0.87x | 4.98x | ₩-36.42 Billion |
| 2017 | -62.88% | -8.79% | 0.99x | 7.26x | ₩-85.19 Billion |
| 2018 | -118.31% | -11.48% | 0.94x | 10.99x | ₩-93.85 Billion |
| 2019 | -166.10% | -50.27% | 0.24x | 13.94x | ₩-54.45 Billion |
| 2020 | 0.00% | -40.88% | 0.30x | 0.00x | ₩-35.18 Billion |
| 2021 | 15.97% | 20.11% | 0.33x | 2.40x | ₩6.14 Billion |
| 2022 | 17.35% | 12.75% | 0.56x | 2.43x | ₩9.61 Billion |
| 2023 | 20.58% | 20.71% | 0.51x | 1.96x | ₩17.55 Billion |
| 2024 | 17.34% | 21.06% | 0.42x | 1.94x | ₩16.75 Billion |
| 2025 | 11.99% | 16.92% | 0.40x | 1.78x | ₩5.09 Billion |
Industry Comparison
This section compares Heung-A Shipping Co. Ltd.'s net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $5,004,168,220,689
- Average return on equity (ROE) among peers: 5.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heung-A Shipping Co. Ltd. (003280) | ₩282.55 Billion | 77.78% | 0.71x | $296.21 Million |
| Eusu Holdings (000700) | $411.67 Billion | 4.00% | 0.16x | $118.60 Million |
| Korea Line (005880) | $1.85 Trillion | 3.70% | 1.56x | $450.57 Million |
| Hyundai Mipo Dockyard (010620) | $2.11 Trillion | 5.01% | 1.43x | $6.03 Billion |
| HMM Co Ltd (011200) | $27.86 Trillion | 13.58% | 0.22x | $13.26 Billion |
| Pan Ocean Co Ltd (028670) | $2.44 Trillion | 3.22% | 1.47x | $2.13 Billion |
| Kss Line (044450) | $212.13 Billion | 10.91% | 1.57x | $155.61 Million |
| Sejin Heavy Industries Co Ltd (075580) | $161.16 Billion | 1.15% | 1.78x | $400.29 Million |
About Heung-A Shipping Co. Ltd.
Heung-A Shipping Co.,Ltd. operates as a marine shipping agency in Korea and internationally. The company also provides container liner and chemical tanker services. It operates through a fleet of chemical tanker ships. The company was founded in 1961 and is headquartered in Seoul, South Korea.