HLB Global Co Ltd (003580) - Net Assets
Based on the latest financial reports, HLB Global Co Ltd (003580) has net assets worth ₩73.63 Billion KRW as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩108.49 Billion) and total liabilities (₩34.85 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩73.63 Billion |
| % of Total Assets | 67.87% |
| Annual Growth Rate | -0.77% |
| 5-Year Change | 29.13% |
| 10-Year Change | 263.96% |
| Growth Volatility | 36.68 |
HLB Global Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how HLB Global Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HLB Global Co Ltd (2002–2024)
The table below shows the annual net assets of HLB Global Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩95.06 Billion | +83.00% |
| 2023-12-31 | ₩51.95 Billion | -23.62% |
| 2022-12-31 | ₩68.01 Billion | -40.01% |
| 2021-12-31 | ₩113.36 Billion | +53.98% |
| 2020-12-31 | ₩73.62 Billion | -9.19% |
| 2019-12-31 | ₩81.07 Billion | +12.04% |
| 2018-12-31 | ₩72.36 Billion | +15.13% |
| 2017-12-31 | ₩62.85 Billion | +41.81% |
| 2016-12-31 | ₩44.32 Billion | +69.67% |
| 2014-12-31 | ₩26.12 Billion | -4.71% |
| 2013-12-31 | ₩27.41 Billion | -25.23% |
| 2012-12-31 | ₩36.66 Billion | -10.50% |
| 2011-12-31 | ₩40.96 Billion | +24.34% |
| 2010-12-31 | ₩32.94 Billion | -22.25% |
| 2009-12-31 | ₩42.36 Billion | -4.89% |
| 2008-12-31 | ₩44.54 Billion | -62.29% |
| 2004-12-31 | ₩118.11 Billion | +4.20% |
| 2003-12-31 | ₩113.35 Billion | +0.57% |
| 2002-12-31 | ₩112.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HLB Global 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 decreased by 12956230016000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩221.62 Billion | 240.73% |
| Total Equity | ₩92.06 Billion | 100.00% |
HLB Global Co Ltd Competitors by Market Cap
The table below lists competitors of HLB Global Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Take Solutions Limited
NSE:TAKE
|
$77.74 Million |
|
Wrap Technologies Inc
NASDAQ:WRAP
|
$77.74 Million |
|
Globe International Ltd
AU:GLB
|
$77.75 Million |
|
Bound and Beyond PCL
BK:BEYOND
|
$77.75 Million |
|
United Radiant Technology
TWO:5315
|
$77.74 Million |
|
Ko Ja Cayman Co Ltd
TW:5215
|
$77.74 Million |
|
Blue Lagoon Resources Inc
F:7BL
|
$77.73 Million |
|
PolyPid
NASDAQ:PYPD
|
$77.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HLB Global Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,417,587,680 to 92,061,344,230, a change of 42,643,756,550 (86.3%).
- Net loss of 8,039,373,450 reduced equity.
- New share issuances of 6,040,007,710 increased equity.
- Other factors increased equity by 44,643,122,290.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.04 Billion | -8.73% |
| Share Issuances | ₩6.04 Billion | +6.56% |
| Other Changes | ₩44.64 Billion | +48.49% |
| Total Change | ₩- | 86.29% |
Book Value vs Market Value Analysis
This analysis compares HLB Global 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: 1.21x
- 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 0.70x to 1.21x 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 | ₩3277.46 | ₩2280.00 | x |
| 2018-12-31 | ₩3056.30 | ₩2280.00 | x |
| 2019-12-31 | ₩2661.74 | ₩2280.00 | x |
| 2020-12-31 | ₩2013.30 | ₩2280.00 | x |
| 2021-12-31 | ₩2567.78 | ₩2280.00 | x |
| 2022-12-31 | ₩1506.73 | ₩2280.00 | x |
| 2023-12-31 | ₩1166.21 | ₩2280.00 | x |
| 2024-12-31 | ₩1887.78 | ₩2280.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HLB Global 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): -8.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.18%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.48x
- Recent ROE (-8.73%) is above the historical average (-16.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.04% | 7.95% | 0.27x | 1.87x | ₩-6.76 Billion |
| 2004 | 2.19% | 4.33% | 0.29x | 1.76x | ₩-9.23 Billion |
| 2011 | -27.48% | -41.31% | 0.32x | 2.05x | ₩-13.18 Billion |
| 2012 | -12.82% | -18.66% | 0.33x | 2.07x | ₩-7.18 Billion |
| 2013 | -30.52% | -37.51% | 0.33x | 2.43x | ₩-9.75 Billion |
| 2014 | -2.54% | -2.88% | 0.40x | 2.19x | ₩-3.25 Billion |
| 2016 | -5.19% | -12.60% | 0.32x | 1.30x | ₩-6.73 Billion |
| 2017 | -1.18% | -4.71% | 0.21x | 1.19x | ₩-7.02 Billion |
| 2018 | -16.42% | -85.32% | 0.08x | 2.33x | ₩-18.17 Billion |
| 2019 | -30.28% | -65.42% | 0.27x | 1.71x | ₩-30.48 Billion |
| 2020 | -44.51% | -82.81% | 0.27x | 1.99x | ₩-35.88 Billion |
| 2021 | -9.86% | -23.55% | 0.27x | 1.52x | ₩-21.37 Billion |
| 2022 | -18.06% | -25.85% | 0.37x | 1.88x | ₩-17.91 Billion |
| 2023 | -46.15% | -28.56% | 0.73x | 2.23x | ₩-27.75 Billion |
| 2024 | -8.73% | -8.18% | 0.72x | 1.48x | ₩-17.25 Billion |
Industry Comparison
This section compares HLB Global Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $10,744,892,816,887
- Average return on equity (ROE) among peers: -0.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HLB Global Co Ltd (003580) | ₩73.63 Billion | 4.04% | 0.47x | $77.74 Million |
| Doosan (000150) | $2.15 Trillion | 0.00% | 2.36x | $9.19 Billion |
| Doosan Pref Shs (000155) | $11.89 Trillion | -1.90% | 1.54x | $1.26 Billion |
| Doosan Co Ltd (000157) | $11.21 Trillion | -3.46% | 1.52x | $269.77 Million |
| Hanwha (000880) | $33.20 Trillion | 1.15% | 5.32x | $6.19 Billion |
| Hanwha Corp. Pfd. Series 1 (000885) | $13.65 Trillion | -2.09% | 9.67x | $5.70 Million |
| Hanwha Corp Preferred (00088K) | $18.26 Trillion | 0.49% | 8.98x | $674.88 Million |
| CJ Corp (001040) | $12.52 Trillion | 2.20% | 1.53x | $3.93 Billion |
| LX International Corp (001120) | $1.59 Trillion | 3.80% | 2.13x | $1.21 Billion |
| Kg Chemical (001390) | $577.78 Billion | 0.73% | 1.56x | $267.45 Million |
| SK Networks Co Ltd (001740) | $2.41 Trillion | -3.40% | 2.58x | $713.69 Million |
About HLB Global Co Ltd
HLB GLOBAL Co., Ltd. focuses on the extraction and supply of marine sand and minerals. The company collects, transforms, and supplies aggregates for ready-mixed concrete companies. It is also involved in the construction of eco-friendly green walls; and production and sale of fermented juice beverages. In addition, the company offers color cosmetics and hair care products. Further, it is involved… Read more