Hansung Ent
Hansung Enterprise Co.,Ltd produces and sells fishery and seafood products in South Korea and internationally. It offers crami, salted and fermented, surimi based, frozen food, meat manufactured, CAN, and other products. The company was founded in 1963 and is headquartered in Busan, South Korea.
Hansung Ent (003680) - Net Assets
Latest net assets as of September 2025: ₩70.21 Billion KRW
Based on the latest financial reports, Hansung Ent (003680) has net assets worth ₩70.21 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 (₩246.54 Billion) and total liabilities (₩176.32 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 | ₩70.21 Billion |
| % of Total Assets | 28.48% |
| Annual Growth Rate | 1.75% |
| 5-Year Change | 34.32% |
| 10-Year Change | 24.24% |
| Growth Volatility | 29.49 |
Hansung Ent - Net Assets Trend (2001–2024)
This chart illustrates how Hansung Ent's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hansung Ent (2001–2024)
The table below shows the annual net assets of Hansung Ent from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩67.81 Billion | +2.87% |
| 2023-12-31 | ₩65.92 Billion | +26.09% |
| 2022-12-31 | ₩52.28 Billion | +17.35% |
| 2021-12-31 | ₩44.55 Billion | -11.75% |
| 2020-12-31 | ₩50.49 Billion | +1.24% |
| 2019-12-31 | ₩49.86 Billion | -7.66% |
| 2018-12-31 | ₩54.00 Billion | -3.80% |
| 2017-12-31 | ₩56.14 Billion | +5.82% |
| 2016-12-31 | ₩53.05 Billion | -2.81% |
| 2014-12-31 | ₩54.58 Billion | -20.09% |
| 2013-12-31 | ₩68.31 Billion | +3.73% |
| 2012-12-31 | ₩65.85 Billion | +2.46% |
| 2011-12-31 | ₩64.27 Billion | +31.83% |
| 2008-12-31 | ₩48.75 Billion | +94.13% |
| 2007-12-31 | ₩25.11 Billion | +6.70% |
| 2006-12-31 | ₩23.53 Billion | +23.48% |
| 2005-12-31 | ₩19.06 Billion | -58.13% |
| 2001-12-31 | ₩45.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hansung Ent'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 1987027050000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩19.87 Billion | 29.30% |
| Other Components | ₩47.94 Billion | 70.70% |
| Total Equity | ₩67.81 Billion | 100.00% |
Hansung Ent Competitors by Market Cap
The table below lists competitors of Hansung Ent ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Halcones Precious Metals Corp.
V:HPM
|
$11.05 Million |
|
Skkynet Cloud Systems Inc
OTCQB:SKKY
|
$11.05 Million |
|
MicroBase Technology Corp.
TWO:3184
|
$11.06 Million |
|
AztechWB Co. Ltd
KQ:032080
|
$11.06 Million |
|
Parkway Corporate Ltd
AU:PWN
|
$11.05 Million |
|
Alliance Nickel Ltd
AU:AXN
|
$11.05 Million |
|
Iltani Resources Ltd
AU:ILT
|
$11.05 Million |
|
Vitura SA
F:D2L
|
$11.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hansung Ent's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 65,923,246,530 to 67,812,016,470, a change of 1,888,769,940 (2.9%).
- Net income of 2,838,736,940 contributed positively to equity growth.
- Other factors decreased equity by 949,967,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.84 Billion | +4.19% |
| Other Changes | ₩-949.97 Million | -1.4% |
| Total Change | ₩- | 2.87% |
Book Value vs Market Value Analysis
This analysis compares Hansung Ent'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: 0.42x
- 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 | ₩11031.50 | ₩5030.00 | x |
| 2018-12-31 | ₩9739.71 | ₩5030.00 | x |
| 2019-12-31 | ₩8624.88 | ₩5030.00 | x |
| 2020-12-31 | ₩8938.48 | ₩5030.00 | x |
| 2021-12-31 | ₩7888.38 | ₩5030.00 | x |
| 2022-12-31 | ₩9256.89 | ₩5030.00 | x |
| 2023-12-31 | ₩11671.85 | ₩5030.00 | x |
| 2024-12-31 | ₩12006.26 | ₩5030.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hansung Ent 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): 4.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.85%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 3.61x
- Recent ROE (4.19%) is above the historical average (-0.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 1.74% | 0.48% | 0.99x | 3.65x | ₩-3.66 Billion |
| 2006 | 21.33% | 3.08% | 1.37x | 5.05x | ₩2.49 Billion |
| 2007 | 5.76% | 0.79% | 1.56x | 4.65x | ₩-999.25 Million |
| 2008 | 6.69% | 1.58% | 1.41x | 3.01x | ₩-1.57 Billion |
| 2011 | 13.01% | 2.95% | 1.55x | 2.86x | ₩1.83 Billion |
| 2012 | 6.24% | 1.42% | 1.53x | 2.87x | ₩-2.34 Billion |
| 2013 | 3.66% | 0.83% | 1.35x | 3.24x | ₩-4.11 Billion |
| 2014 | -23.77% | -4.24% | 1.34x | 4.17x | ₩-17.31 Billion |
| 2016 | -0.09% | -0.02% | 1.39x | 4.35x | ₩-5.35 Billion |
| 2017 | 4.62% | 0.80% | 1.50x | 3.84x | ₩-3.02 Billion |
| 2018 | -4.88% | -0.92% | 1.29x | 4.12x | ₩-8.03 Billion |
| 2019 | -34.84% | -6.43% | 1.16x | 4.68x | ₩-22.36 Billion |
| 2020 | 4.49% | 0.85% | 1.36x | 3.88x | ₩-2.78 Billion |
| 2021 | -16.85% | -2.98% | 1.26x | 4.49x | ₩-11.96 Billion |
| 2022 | 2.70% | 0.48% | 1.24x | 4.49x | ₩-3.81 Billion |
| 2023 | 2.44% | 0.50% | 1.30x | 3.75x | ₩-4.98 Billion |
| 2024 | 4.19% | 0.85% | 1.36x | 3.61x | ₩-3.94 Billion |
Industry Comparison
This section compares Hansung Ent's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $419,932,212,848
- Average return on equity (ROE) among peers: 5.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hansung Ent (003680) | ₩70.21 Billion | 1.74% | 2.51x | $11.05 Million |
| Daehan Flour Mills Co Ltd (001130) | $489.63 Billion | 6.13% | 0.50x | $92.10 Million |
| Daesang Corp (001680) | $484.66 Billion | 6.60% | 1.67x | $297.74 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $257.13 Million |
| Korea Ind (002140) | $66.54 Billion | 7.12% | 1.23x | $24.66 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $16.50 Million |
| Sam Yang Foods (003230) | $53.38 Billion | 0.00% | 4.82x | $2.87 Billion |
| Daejoo Inc (003310) | $47.00 Billion | 3.26% | 0.70x | $60.49 Million |
| Harim Holdings Co. Ltd (003380) | $808.31 Billion | 21.63% | 7.74x | $434.99 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $115.08 Million |