Huneed Tech (005870) - Net Assets
Based on the latest financial reports, Huneed Tech (005870) has net assets worth ₩164.53 Billion KRW (≈ $111.50 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 (₩292.08 Billion ≈ $197.94 Million USD) and total liabilities (₩127.55 Billion ≈ $86.44 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 Huneed Tech liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩164.53 Billion |
| % of Total Assets | 56.33% |
| Annual Growth Rate | 9.89% |
| 5-Year Change | 43.24% |
| 10-Year Change | 118.22% |
| Growth Volatility | 7.39 |
Huneed Tech - Net Assets Trend (2013–2024)
This chart illustrates how Huneed Tech's net assets have evolved over time, based on quarterly financial data. Also explore Huneed Tech assets under control for the complete picture of this company's asset base.
Annual Net Assets for Huneed Tech (2013–2024)
The table below shows the annual net assets of Huneed Tech from 2013 to 2024. For live valuation and market cap data, see 005870 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩171.78 Billion ≈ $116.42 Million |
+6.32% |
| 2023-12-31 | ₩161.58 Billion ≈ $109.50 Million |
+11.95% |
| 2022-12-31 | ₩144.34 Billion ≈ $97.82 Million |
+8.38% |
| 2021-12-31 | ₩133.18 Billion ≈ $90.26 Million |
+11.05% |
| 2020-12-31 | ₩119.93 Billion ≈ $81.27 Million |
+3.52% |
| 2019-12-31 | ₩115.85 Billion ≈ $78.51 Million |
+6.69% |
| 2018-12-31 | ₩108.58 Billion ≈ $73.58 Million |
-0.92% |
| 2017-12-31 | ₩109.59 Billion ≈ $74.27 Million |
+11.08% |
| 2016-12-31 | ₩98.66 Billion ≈ $66.86 Million |
+25.33% |
| 2015-12-31 | ₩78.72 Billion ≈ $53.35 Million |
+22.39% |
| 2014-12-31 | ₩64.32 Billion ≈ $43.59 Million |
+5.68% |
| 2013-12-31 | ₩60.86 Billion ≈ $41.25 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Huneed Tech'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 9667139905000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩95.37 Billion | 55.52% |
| Other Components | ₩76.41 Billion | 44.48% |
| Total Equity | ₩171.78 Billion | 100.00% |
Huneed Tech Competitors by Market Cap
The table below lists competitors of Huneed Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TUL Corporation
TWO:6150
|
$83.93 Million |
|
MFEC PCL
BK:MFEC
|
$83.93 Million |
|
Roo Hsing Co Ltd
TW:4414
|
$83.94 Million |
|
Nova Minerals Limited
NYSE MKT:NVA
|
$83.98 Million |
|
Investeringsselskabet Luxor A/S
CO:LUXOR-B
|
$83.90 Million |
|
Zevia Pbc
NYSE:ZVIA
|
$83.89 Million |
|
Compagnie Industrielle et Financière d'Entreprises SA
PA:INFE
|
$83.88 Million |
|
SRP Groupe SA
PA:SRP
|
$83.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huneed Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 161,578,257,650 to 171,784,515,650, a change of 10,206,258,000 (6.3%).
- Net income of 10,744,253,180 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.74 Billion | +6.25% |
| Other Changes | ₩-538.00 Million | -0.31% |
| Total Change | ₩- | 6.32% |
Book Value vs Market Value Analysis
This analysis compares Huneed Tech'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: 0.72x
- 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.
- The price-to-book ratio has decreased from 1.19x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩7953.31 | ₩9460.00 | x |
| 2018-12-31 | ₩8025.12 | ₩9460.00 | x |
| 2019-12-31 | ₩8562.16 | ₩9460.00 | x |
| 2020-12-31 | ₩9161.39 | ₩9460.00 | x |
| 2021-12-31 | ₩10173.89 | ₩9460.00 | x |
| 2022-12-31 | ₩11026.08 | ₩9460.00 | x |
| 2023-12-31 | ₩12343.18 | ₩9460.00 | x |
| 2024-12-31 | ₩13122.85 | ₩9460.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huneed Tech 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): 6.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.66%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.40x
- Recent ROE (6.25%) is below the historical average (8.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1.49% | -1.60% | 0.43x | 2.18x | ₩-6.99 Billion |
| 2014 | 2.56% | 4.09% | 0.30x | 2.09x | ₩-4.78 Billion |
| 2015 | 1.48% | 1.93% | 0.37x | 2.08x | ₩-6.70 Billion |
| 2016 | 18.17% | 10.02% | 1.06x | 1.72x | ₩8.06 Billion |
| 2017 | 16.04% | 9.72% | 1.22x | 1.35x | ₩6.62 Billion |
| 2018 | 24.39% | 10.14% | 1.15x | 2.09x | ₩15.62 Billion |
| 2019 | 6.87% | 4.09% | 0.75x | 2.25x | ₩-3.62 Billion |
| 2020 | 5.28% | 3.15% | 0.81x | 2.07x | ₩-5.66 Billion |
| 2021 | 9.77% | 5.72% | 0.85x | 2.01x | ₩-301.70 Million |
| 2022 | 6.41% | 4.16% | 0.73x | 2.11x | ₩-5.17 Billion |
| 2023 | 11.06% | 7.81% | 0.76x | 1.85x | ₩1.72 Billion |
| 2024 | 6.25% | 4.66% | 0.96x | 1.40x | ₩-6.43 Billion |
Industry Comparison
This section compares Huneed Tech's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $176,963,868,099
- Average return on equity (ROE) among peers: -2.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huneed Tech (005870) | ₩164.53 Billion | -1.49% | 0.78x | $83.92 Million |
| Gaon Cable (000500) | $264.57 Billion | 1.45% | 0.96x | $2.71 Billion |
| Taihan Fiber Optics Co. Ltd (010170) | $76.02 Billion | -38.75% | 2.09x | $1.12 Billion |
| Humax Holdings Co. Ltd (028080) | $153.14 Billion | 3.81% | 0.11x | $72.29 Million |
| Comtec Sys (031820) | $233.58 Billion | 7.99% | 1.65x | $61.77 Million |
| KMW Inc. (032500) | $45.56 Billion | 8.64% | 3.57x | $821.46 Million |
| Insung Information Co. Ltd (033230) | $74.64 Billion | 0.00% | 0.44x | $66.08 Million |
| Bluecom Co. Ltd (033560) | $166.15 Billion | 1.16% | 0.04x | $37.87 Million |
| Kisan Telecom Co. Ltd (035460) | $32.43 Billion | -14.68% | 1.16x | $37.89 Million |
| Samji Electronics Co. Ltd (037460) | $546.58 Billion | 5.79% | 0.86x | $329.75 Million |
About Huneed Tech
Huneed Technologies engages in the development, manufacture, and sale of airborne and defense communication systems in South Korea. It offers airborne electrical components, including wire harnesses and cable assemblies, as well as electrical panels assemblies to OEMs for air force, navy, army, marine corps, ground self-defense force, air national guard, and government/commercial companies; airbo… Read more