Hanchang
Hanchang Corporation engages in fire prevention, hotel management, and property development business. The company engages in real estate development activities; and renewable energy related businesses; offers fire suppression systems. It also distributes marine products. In addition, the company operates electronic payment platform and engages in steel related business. Further, it is involved in… Read more
Hanchang (005110) - Net Assets
Latest net assets as of December 2024: ₩-15.71 Billion KRW
Based on the latest financial reports, Hanchang (005110) has net assets worth ₩-15.71 Billion KRW as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩70.21 Billion) and total liabilities (₩85.91 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 | ₩-15.71 Billion |
| % of Total Assets | -22.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | -141.71% |
| 10-Year Change | -146.22% |
| Growth Volatility | 449.99 |
Hanchang - Net Assets Trend (2000–2024)
This chart illustrates how Hanchang's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hanchang (2000–2024)
The table below shows the annual net assets of Hanchang from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩-15.71 Billion | -1442.32% |
| 2023-12-31 | ₩1.17 Billion | -94.99% |
| 2022-12-31 | ₩23.35 Billion | -36.90% |
| 2021-12-31 | ₩37.00 Billion | -1.72% |
| 2020-12-31 | ₩37.65 Billion | +40.80% |
| 2019-12-31 | ₩26.74 Billion | -18.03% |
| 2018-12-31 | ₩32.62 Billion | -20.37% |
| 2017-12-31 | ₩40.97 Billion | +5.90% |
| 2016-12-31 | ₩38.68 Billion | +13.84% |
| 2015-12-31 | ₩33.98 Billion | +39.43% |
| 2014-12-31 | ₩24.37 Billion | +9.30% |
| 2013-12-31 | ₩22.30 Billion | +4.12% |
| 2012-12-31 | ₩21.41 Billion | +4.97% |
| 2011-12-31 | ₩20.40 Billion | -53.49% |
| 2005-12-31 | ₩43.86 Billion | +1162.48% |
| 2002-12-31 | ₩3.47 Billion | -72.14% |
| 2001-12-31 | ₩12.47 Billion | -62.61% |
| 2000-12-31 | ₩33.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanchang'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 9334647851000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩83.13 Billion | % |
| Total Equity | ₩-10.22 Billion | 100.00% |
Hanchang Competitors by Market Cap
The table below lists competitors of Hanchang ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OneConstruction Group Limited Ordinary Shares
NASDAQ:ONEG
|
$12.60 Million |
|
Heavy Minerals Ltd
AU:HVY
|
$12.60 Million |
|
Zinitix Co.Ltd
KQ:303030
|
$12.60 Million |
|
Kodi-M Co Ltd
KQ:224060
|
$12.61 Million |
|
Tugcelik Aluminyum ve Metal
IS:TUCLK
|
$12.60 Million |
|
CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED
BK:CHAO
|
$12.59 Million |
|
Mcphersons Ltd
AU:MCP
|
$12.59 Million |
|
TagMaster AB Series B
ST:TAGM-B
|
$12.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanchang's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,782,085,000 to -10,219,313,400, a change of -17,001,398,400 (-250.7%).
- Net loss of 16,269,331,210 reduced equity.
- Share repurchases of 184,240,510 reduced equity.
- Other factors decreased equity by 547,826,680.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-16.27 Billion | -159.2% |
| Share Repurchases | ₩184.24 Million | -1.8% |
| Other Changes | ₩-547.83 Million | -5.36% |
| Total Change | ₩- | -250.68% |
Book Value vs Market Value Analysis
This analysis compares Hanchang'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩858.91 | ₩1254.00 | x |
| 2018-12-31 | ₩689.93 | ₩1254.00 | x |
| 2019-12-31 | ₩576.63 | ₩1254.00 | x |
| 2020-12-31 | ₩557.96 | ₩1254.00 | x |
| 2021-12-31 | ₩446.47 | ₩1254.00 | x |
| 2022-12-31 | ₩1373.10 | ₩1254.00 | x |
| 2023-12-31 | ₩364.50 | ₩1254.00 | x |
| 2024-12-31 | ₩-568.26 | ₩1254.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanchang 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -526.66%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-37.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.23% | 2.00% | 0.37x | 2.99x | ₩-1.81 Billion |
| 2012 | 4.87% | 6.22% | 0.48x | 1.63x | ₩-1.10 Billion |
| 2013 | 3.91% | 3.87% | 0.60x | 1.69x | ₩-1.36 Billion |
| 2014 | 8.32% | 10.62% | 0.44x | 1.80x | ₩-412.17 Million |
| 2015 | 2.31% | 4.78% | 0.25x | 1.91x | ₩-2.72 Billion |
| 2016 | 10.69% | 8.51% | 0.60x | 2.08x | ₩271.76 Million |
| 2017 | 3.66% | 1.27% | 1.08x | 2.68x | ₩-2.46 Billion |
| 2018 | -5.05% | -1.59% | 0.93x | 3.41x | ₩-4.70 Billion |
| 2019 | -16.39% | -6.25% | 0.75x | 3.49x | ₩-6.95 Billion |
| 2020 | -46.50% | -47.13% | 0.30x | 3.24x | ₩-20.51 Billion |
| 2021 | -74.47% | -61.42% | 0.26x | 4.62x | ₩-24.54 Billion |
| 2022 | -29.55% | -7.21% | 0.79x | 5.20x | ₩-8.62 Billion |
| 2023 | -385.21% | -116.02% | 0.25x | 13.32x | ₩-26.80 Billion |
| 2024 | 0.00% | -526.66% | 0.04x | 0.00x | ₩-15.25 Billion |
Industry Comparison
This section compares Hanchang's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $6,539,338,296,550
- Average return on equity (ROE) among peers: 1.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanchang (005110) | ₩-15.71 Billion | 2.23% | N/A | $12.60 Million |
| Doosan (000150) | $3.17 Trillion | 2.32% | 4.42x | $7.78 Billion |
| Doosan Pref Shs (000155) | $7.71 Trillion | -7.18% | 2.91x | $3.91 Billion |
| Doosan Co Ltd (000157) | $7.15 Trillion | -1.64% | 3.04x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $13.65 Trillion | -2.09% | 9.67x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $14.23 Trillion | 3.46% | 9.88x | $892.93 Million |
| Cj Corp Pref (001045) | $9.86 Trillion | 2.09% | 1.39x | $914.06 Million |
| LX International Corp (001120) | $654.45 Billion | 14.28% | 3.82x | $773.58 Million |
| Kg Chemical (001390) | $192.43 Billion | 3.19% | 1.23x | $130.84 Million |
| SK Networks Co Ltd (001740) | $2.25 Trillion | 1.54% | 2.91x | $348.44 Million |