Hanjin Heavy Ind & Const Holdings Co Ltd (003480) - Net Assets
Based on the latest financial reports, Hanjin Heavy Ind & Const Holdings Co Ltd (003480) has net assets worth ₩450.82 Billion KRW (≈ $305.52 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 (₩1.66 Trillion ≈ $1.13 Billion USD) and total liabilities (₩1.21 Trillion ≈ $822.70 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 Hanjin Heavy Ind & Const Holdings Co Ltd (003480) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩450.82 Billion |
| % of Total Assets | 27.08% |
| Annual Growth Rate | -3.66% |
| 5-Year Change | 17.93% |
| 10-Year Change | -55.12% |
| Growth Volatility | 22.56 |
Hanjin Heavy Ind & Const Holdings Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Hanjin Heavy Ind & Const Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 003480 asset base for the complete picture of this company's asset base.
Annual Net Assets for Hanjin Heavy Ind & Const Holdings Co Ltd (2000–2024)
The table below shows the annual net assets of Hanjin Heavy Ind & Const Holdings Co Ltd from 2000 to 2024. For live valuation and market cap data, see 003480 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩420.52 Billion ≈ $284.98 Million |
+14.34% |
| 2023-12-31 | ₩367.80 Billion ≈ $249.25 Million |
+0.28% |
| 2022-12-31 | ₩366.78 Billion ≈ $248.56 Million |
+5.21% |
| 2021-12-31 | ₩348.60 Billion ≈ $236.24 Million |
-2.24% |
| 2020-12-31 | ₩356.58 Billion ≈ $241.65 Million |
-1.08% |
| 2019-12-31 | ₩360.48 Billion ≈ $244.29 Million |
-1.79% |
| 2018-12-31 | ₩367.05 Billion ≈ $248.74 Million |
-14.44% |
| 2017-12-31 | ₩428.98 Billion ≈ $290.71 Million |
-12.17% |
| 2016-12-31 | ₩488.42 Billion ≈ $330.99 Million |
-47.88% |
| 2015-12-31 | ₩937.08 Billion ≈ $635.05 Million |
-15.37% |
| 2014-12-31 | ₩1.11 Trillion ≈ $750.41 Million |
-6.89% |
| 2013-12-31 | ₩1.19 Trillion ≈ $805.93 Million |
-7.48% |
| 2012-12-31 | ₩1.29 Trillion ≈ $871.14 Million |
-1.22% |
| 2011-12-31 | ₩1.30 Trillion ≈ $881.86 Million |
-42.19% |
| 2010-12-31 | ₩2.25 Trillion ≈ $1.53 Billion |
-1.82% |
| 2009-12-31 | ₩2.29 Trillion ≈ $1.55 Billion |
-4.37% |
| 2008-12-31 | ₩2.40 Trillion ≈ $1.62 Billion |
+14.97% |
| 2007-12-31 | ₩2.09 Trillion ≈ $1.41 Billion |
+83.22% |
| 2006-12-31 | ₩1.14 Trillion ≈ $771.31 Million |
+7.37% |
| 2005-12-31 | ₩1.06 Trillion ≈ $718.39 Million |
+2.28% |
| 2004-12-31 | ₩1.04 Trillion ≈ $702.40 Million |
-1.29% |
| 2003-12-31 | ₩1.05 Trillion ≈ $711.59 Million |
-1.63% |
| 2002-12-31 | ₩1.07 Trillion ≈ $723.35 Million |
+3.31% |
| 2001-12-31 | ₩1.03 Trillion ≈ $700.15 Million |
+0.43% |
| 2000-12-31 | ₩1.03 Trillion ≈ $697.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hanjin Heavy Ind & Const Holdings 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 10625500000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩106.25 Billion | 27.32% |
| Other Components | ₩282.61 Billion | 72.68% |
| Total Equity | ₩388.87 Billion | 100.00% |
Hanjin Heavy Ind & Const Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Hanjin Heavy Ind & Const Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Tic
IS:SAFKR
|
$108.94 Million |
|
South Basic Chemicals JSC
VN:CSV
|
$108.95 Million |
|
Namib Minerals Ordinary Shares
NASDAQ:NAMM
|
$108.97 Million |
|
Dyaco International Inc
TW:1598
|
$108.99 Million |
|
Hsin Ba Ba Corp
TW:9906
|
$108.91 Million |
|
Idsud S.A
PA:ALIDS
|
$108.85 Million |
|
ABL GROUP ASA NA NK-10
F:26Q
|
$108.83 Million |
|
Hyundai Livart Furniture Co Ltd
KO:079430
|
$108.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanjin Heavy Ind & Const Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 340,412,000,000 to 388,869,000,000, a change of 48,457,000,000 (14.2%).
- Net income of 56,537,000,000 contributed positively to equity growth.
- Dividend payments of 2,609,000,000 reduced retained earnings.
- Other factors decreased equity by 5,471,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩56.54 Billion | +14.54% |
| Dividends Paid | ₩2.61 Billion | -0.67% |
| Other Changes | ₩-5.47 Billion | -1.41% |
| Total Change | ₩- | 14.23% |
Book Value vs Market Value Analysis
This analysis compares Hanjin Heavy Ind & Const Holdings 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: 0.41x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩12697.90 | ₩6160.00 | x |
| 2018-12-31 | ₩13042.87 | ₩6160.00 | x |
| 2019-12-31 | ₩12788.32 | ₩6160.00 | x |
| 2020-12-31 | ₩12631.09 | ₩6160.00 | x |
| 2021-12-31 | ₩12363.09 | ₩6160.00 | x |
| 2022-12-31 | ₩13020.75 | ₩6160.00 | x |
| 2023-12-31 | ₩13047.85 | ₩6160.00 | x |
| 2024-12-31 | ₩14905.19 | ₩6160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanjin Heavy Ind & Const Holdings 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): 14.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.85%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 4.76x
- Recent ROE (14.54%) is above the historical average (-4.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.72% | 0.37% | 0.64x | 3.07x | ₩-95.29 Billion |
| 2001 | 0.92% | 0.49% | 0.66x | 2.80x | ₩-93.58 Billion |
| 2002 | 2.23% | 1.36% | 0.62x | 2.65x | ₩-82.70 Billion |
| 2003 | 2.35% | 1.48% | 0.45x | 3.50x | ₩-80.19 Billion |
| 2004 | 3.61% | 1.78% | 0.60x | 3.35x | ₩-66.15 Billion |
| 2005 | 2.27% | 1.01% | 0.65x | 3.44x | ₩-81.79 Billion |
| 2006 | 8.62% | 3.14% | 0.67x | 4.12x | ₩-15.73 Billion |
| 2007 | 9.24% | 2.40% | 0.52x | 7.48x | ₩-6.90 Billion |
| 2008 | 7.79% | 1.93% | 0.48x | 8.33x | ₩-23.12 Billion |
| 2009 | 0.71% | 0.16% | 0.52x | 8.65x | ₩-94.68 Billion |
| 2010 | 0.47% | 0.11% | 0.51x | 8.13x | ₩-97.09 Billion |
| 2013 | -7.80% | -6.58% | 0.47x | 2.50x | ₩-179.92 Billion |
| 2014 | -13.51% | -7.98% | 0.56x | 3.03x | ₩-211.22 Billion |
| 2015 | -18.23% | -50.12% | 0.11x | 3.42x | ₩-213.57 Billion |
| 2016 | -79.67% | -113.19% | 0.14x | 4.95x | ₩-382.19 Billion |
| 2017 | -42.09% | -15.38% | 0.47x | 5.79x | ₩-172.56 Billion |
| 2018 | 2.66% | 0.96% | 0.50x | 5.51x | ₩-24.99 Billion |
| 2019 | 9.07% | 3.45% | 0.47x | 5.58x | ₩-3.10 Billion |
| 2020 | -1.16% | -0.48% | 0.43x | 5.58x | ₩-36.77 Billion |
| 2021 | -2.02% | -0.73% | 0.48x | 5.70x | ₩-38.77 Billion |
| 2022 | 4.33% | 1.02% | 0.72x | 5.88x | ₩-19.28 Billion |
| 2023 | 2.22% | 0.61% | 0.67x | 5.48x | ₩-26.48 Billion |
| 2024 | 14.54% | 4.85% | 0.63x | 4.76x | ₩17.65 Billion |
Industry Comparison
This section compares Hanjin Heavy Ind & Const Holdings Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,910,643,324,717
- Average return on equity (ROE) among peers: 5.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanjin Heavy Ind & Const Holdings Co Ltd (003480) | ₩450.82 Billion | 0.72% | 2.69x | $108.91 Million |
| Hyundai Engineering & Construction (000720) | $9.67 Trillion | -1.74% | 1.79x | $12.21 Billion |
| Hyundai Engineering & Construction Co Ltd (000725) | $8.14 Trillion | 6.03% | 1.44x | $53.11 Million |
| Nam Kwang Cons (001260) | $87.75 Billion | 24.71% | 2.12x | $65.78 Million |
| Sambu Const (001470) | $181.07 Billion | -9.65% | 1.70x | $54.01 Million |
| Dohwa Engin (002150) | $274.36 Billion | 7.56% | 1.21x | $160.66 Million |
| Bumyang Construction Co Ltd (002410) | $43.47 Billion | 20.05% | 0.82x | $36.03 Million |
| Hwa Sung Ind (002460) | $371.00 Billion | 2.07% | 0.65x | $85.37 Million |
| Chin Hung Int' (002780) | $268.27 Billion | 0.81% | 1.03x | $136.68 Million |
| Chinhung International Inc (002785) | $78.80 Billion | 7.68% | 3.65x | $2.03 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $-10.01 Billion | 0.00% | 0.00x | $1.70 Million |
About Hanjin Heavy Ind & Const Holdings Co Ltd
Hanjin Heavy Industries & Construction Holdings Co., Ltd., through its subsidiaries, engages in the shipbuilding, construction, engineering, energy, and leisure businesses in South Korea. It is involved in city gas supply business, including natural gas; power generation services, such as electricity and heat supplies; as well as operates a golf course. The company was founded in 1937 and is head… Read more