Hanchang Net Assets
Hanchang net assets. Based on the latest financial reports, Hanchang (005110) has net assets worth ₩-15.71 Billion KRW (≈ $-10.64 Million USD) 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 ≈ $47.58 Million USD) and total liabilities (₩85.91 Billion ≈ $58.22 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. Also explore Hanchang (005110) net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Hanchang (2000–2024)
Net assets of Hanchang from 2000 to 2024. This chart illustrates how Hanchang's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Hanchang to measure how much of total assets are equity-financed.
Annual Net Assets for Hanchang (2000–2024)
The table below shows the annual net assets of Hanchang from 2000 to 2024. For live market cap and overall valuation, see Hanchang (005110) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩-15.71 Billion ≈ $-10.64 Million |
-1442.32% |
| 2023-12-31 | ₩1.17 Billion ≈ $792.91K |
-94.99% |
| 2022-12-31 | ₩23.35 Billion ≈ $15.82 Million |
-36.90% |
| 2021-12-31 | ₩37.00 Billion ≈ $25.08 Million |
-1.72% |
| 2020-12-31 | ₩37.65 Billion ≈ $25.51 Million |
+40.80% |
| 2019-12-31 | ₩26.74 Billion ≈ $18.12 Million |
-18.03% |
| 2018-12-31 | ₩32.62 Billion ≈ $22.11 Million |
-20.37% |
| 2017-12-31 | ₩40.97 Billion ≈ $27.76 Million |
+5.90% |
| 2016-12-31 | ₩38.68 Billion ≈ $26.21 Million |
+13.84% |
| 2015-12-31 | ₩33.98 Billion ≈ $23.03 Million |
+39.43% |
| 2014-12-31 | ₩24.37 Billion ≈ $16.52 Million |
+9.30% |
| 2013-12-31 | ₩22.30 Billion ≈ $15.11 Million |
+4.12% |
| 2012-12-31 | ₩21.41 Billion ≈ $14.51 Million |
+4.97% |
| 2011-12-31 | ₩20.40 Billion ≈ $13.82 Million |
-53.49% |
| 2005-12-31 | ₩43.86 Billion ≈ $29.72 Million |
+1162.48% |
| 2002-12-31 | ₩3.47 Billion ≈ $2.35 Million |
-72.14% |
| 2001-12-31 | ₩12.47 Billion ≈ $8.45 Million |
-62.61% |
| 2000-12-31 | ₩33.36 Billion ≈ $22.61 Million |
-- |
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.
Hanchang Net Assets Breakdown (December 2024)
Hanchang net assets breakdown by equity component as of 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 |
|---|---|
|
Builders Capital Mortgage Corp
V:BCF
|
$15.83 Million |
|
Nyesa Valores Corp SA
MC:NYE
|
$15.83 Million |
|
Lagnam Spintex Limited
NSE:LAGNAM
|
$15.84 Million |
|
PRI EKOPARK SA ZY -10
F:NPA
|
$15.85 Million |
|
Visionary Gold Corp
V:VIZ
|
$15.81 Million |
|
SeaTwirl AB
ST:STW
|
$15.81 Million |
|
XCF Global, Inc. Class A Common Stock
NASDAQ:SAFX
|
$15.81 Million |
|
Panostaja Oyj
HE:PNA1V
|
$15.80 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: $13,206,916,371,849
- Average return on equity (ROE) among peers: 1.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanchang (005110) | ₩-15.71 Billion | 2.23% | N/A | $15.81 Million |
| Samyang Holdings (000070) | $3.00 Trillion | 0.94% | 0.76x | $250.61 Million |
| Doosan Corp. (000150) | $2.68 Trillion | 0.24% | 4.31x | $7.75 Billion |
| Doosan Pref Shs (000155) | $6.82 Trillion | 6.16% | 3.28x | $695.46 Million |
| Doosan Co Ltd (000157) | $10.30 Trillion | -6.76% | 1.56x | $144.34 Million |
| Hanwha (000880) | $3.19 Trillion | 3.45% | 13.54x | $4.40 Billion |
| Hanwha Corp. Pfd. Series 1 (000885) | $39.56 Trillion | 1.95% | 5.37x | $5.70 Million |
| Hanwha Corp Preferred (00088K) | $18.51 Trillion | 1.16% | 9.33x | $360.02 Million |
| CJ Corp (001040) | $17.75 Trillion | 0.53% | 1.68x | $2.08 Billion |
| Cj Corp Pref (001045) | $12.52 Trillion | 2.20% | 1.53x | $86.04 Million |
| CJ Corp 4P Pref (00104K) | $17.75 Trillion | 0.57% | 1.68x | $321.51 Million |
About 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