Hankook Cosmetics Manufacturing Co Ltd (003350) - Net Assets
Based on the latest financial reports, Hankook Cosmetics Manufacturing Co Ltd (003350) has net assets worth ₩96.95 Billion KRW (≈ $65.70 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩145.17 Billion ≈ $98.38 Million USD) and total liabilities (₩48.22 Billion ≈ $32.68 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 003350 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩96.95 Billion |
| % of Total Assets | 66.78% |
| Annual Growth Rate | 10.22% |
| 5-Year Change | 67.64% |
| 10-Year Change | 113.65% |
| Growth Volatility | 14.71 |
Hankook Cosmetics Manufacturing Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Hankook Cosmetics Manufacturing Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hankook Cosmetics Manufacturing Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Hankook Cosmetics Manufacturing Co Ltd (2013–2024)
The table below shows the annual net assets of Hankook Cosmetics Manufacturing Co Ltd from 2013 to 2024. For live valuation and market cap data, see Hankook Cosmetics Manufacturing Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩74.22 Billion ≈ $50.29 Million |
+41.03% |
| 2023-12-31 | ₩52.62 Billion ≈ $35.66 Million |
+11.38% |
| 2022-12-31 | ₩47.24 Billion ≈ $32.02 Million |
+9.90% |
| 2021-12-31 | ₩42.99 Billion ≈ $29.13 Million |
-2.90% |
| 2020-12-31 | ₩44.27 Billion ≈ $30.00 Million |
-7.82% |
| 2019-12-31 | ₩48.03 Billion ≈ $32.55 Million |
-4.49% |
| 2018-12-31 | ₩50.29 Billion ≈ $34.08 Million |
+5.87% |
| 2017-12-31 | ₩47.50 Billion ≈ $32.19 Million |
+7.92% |
| 2016-12-31 | ₩44.01 Billion ≈ $29.83 Million |
+26.70% |
| 2015-12-31 | ₩34.74 Billion ≈ $23.54 Million |
+4.84% |
| 2014-12-31 | ₩33.13 Billion ≈ $22.45 Million |
+30.22% |
| 2013-12-31 | ₩25.45 Billion ≈ $17.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hankook Cosmetics Manufacturing 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 502.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩57.73 Billion | 77.79% |
| Other Components | ₩16.48 Billion | 22.21% |
| Total Equity | ₩74.22 Billion | 100.00% |
Hankook Cosmetics Manufacturing Co Ltd Competitors by Market Cap
The table below lists competitors of Hankook Cosmetics Manufacturing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grand Kartech Tbk
JK:KRAH
|
$24.81 Million |
|
Almaden Minerals Ltd
TO:AMM
|
$24.82 Million |
|
Kim Teck Cheong Consolidated Bhd
KLSE:0180
|
$24.82 Million |
|
Jasa Kita Bhd
KLSE:8648
|
$24.83 Million |
|
Canadian North Resources Inc.
V:CNRI
|
$24.81 Million |
|
U.C.A. AG O.N.
F:UCA1
|
$24.81 Million |
|
Harvard Bioscience Inc
NASDAQ:HBIO
|
$24.80 Million |
|
Seker Finansal Kiralama AS
IS:SEKFK
|
$24.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hankook Cosmetics Manufacturing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,621,954,300 to 74,215,065,790, a change of 21,593,111,490 (41.0%).
- Net income of 23,136,186,920 contributed positively to equity growth.
- Dividend payments of 362,500,700 reduced retained earnings.
- Other factors decreased equity by 1,180,574,730.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩23.14 Billion | +31.17% |
| Dividends Paid | ₩362.50 Million | -0.49% |
| Other Changes | ₩-1.18 Billion | -1.59% |
| Total Change | ₩- | 41.03% |
Book Value vs Market Value Analysis
This analysis compares Hankook Cosmetics Manufacturing 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: 0.49x
- 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 0.77x to 0.49x 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 | ₩13102.82 | ₩10100.00 | x |
| 2018-12-31 | ₩13871.72 | ₩10100.00 | x |
| 2019-12-31 | ₩13248.82 | ₩10100.00 | x |
| 2020-12-31 | ₩12212.62 | ₩10100.00 | x |
| 2021-12-31 | ₩11858.85 | ₩10100.00 | x |
| 2022-12-31 | ₩13032.91 | ₩10100.00 | x |
| 2023-12-31 | ₩14516.37 | ₩10100.00 | x |
| 2024-12-31 | ₩20473.08 | ₩10100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hankook Cosmetics Manufacturing 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): 31.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.82%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 1.47x
- Recent ROE (31.17%) is above the historical average (8.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -9.21% | -7.53% | 0.77x | 1.59x | ₩-4.89 Billion |
| 2014 | 23.56% | 22.02% | 0.76x | 1.41x | ₩4.49 Billion |
| 2015 | 5.71% | 4.36% | 0.91x | 1.45x | ₩-1.49 Billion |
| 2016 | 21.85% | 14.81% | 0.97x | 1.51x | ₩5.21 Billion |
| 2017 | 9.33% | 6.59% | 0.96x | 1.47x | ₩-319.72 Million |
| 2018 | 6.60% | 3.76% | 1.23x | 1.43x | ₩-1.71 Billion |
| 2019 | -3.10% | -1.95% | 0.91x | 1.75x | ₩-6.29 Billion |
| 2020 | -9.08% | -6.49% | 0.80x | 1.75x | ₩-8.45 Billion |
| 2021 | -2.80% | -1.77% | 0.89x | 1.78x | ₩-5.50 Billion |
| 2022 | 8.54% | 3.88% | 1.26x | 1.75x | ₩-691.43 Million |
| 2023 | 13.84% | 6.66% | 1.23x | 1.69x | ₩2.02 Billion |
| 2024 | 31.17% | 13.82% | 1.53x | 1.47x | ₩15.71 Billion |
Industry Comparison
This section compares Hankook Cosmetics Manufacturing Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,042,779,159,312
- Average return on equity (ROE) among peers: 9.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hankook Cosmetics Manufacturing Co Ltd (003350) | ₩96.95 Billion | -9.21% | 0.50x | $24.81 Million |
| Amore Group (002790) | $2.11 Trillion | 5.64% | 0.01x | $1.44 Billion |
| Amorepacific Group (002795) | $6.48 Trillion | 2.06% | 0.28x | $109.93 Million |
| Daelim Trading (006570) | $155.79 Billion | 13.46% | 1.11x | $20.52 Million |
| Monalisa (012690) | $65.01 Billion | 7.48% | 0.21x | $58.60 Million |
| Leaders Cosmetics Co. Ltd (016100) | $34.23 Billion | 0.00% | 0.13x | $22.99 Million |
| Aekyung Industrial Co Ltd (018250) | $400.61 Billion | 10.62% | 0.25x | $254.38 Million |
| Kolmar Holding (024720) | $53.45 Billion | 6.52% | 0.76x | $228.00 Million |
| Jayjun Co Ltd (025620) | $8.49 Billion | 27.90% | 5.87x | $47.01 Million |
| Coreana Cosmetics Co.Ltd (027050) | $72.56 Billion | 15.48% | 0.34x | $43.75 Million |
About Hankook Cosmetics Manufacturing Co Ltd
Hankook Cosmetics Manufacturing Co., Ltd researches and develops, and produces cosmetics worldwide. It offers skin care products, such as cosmetic water, creams, packs, cleansing powders, cleansing formulas and masks; color cosmetics, including blushers, facial powders, foundations, makeup base and fixatives, lipsticks, and lip gloss; and functional cosmetics comprising anti-wrinkle, whitening, a… Read more