Hyundai Cement
Hanil Hyundai Cement Co., Ltd manufactures and sells cement in South Korea. The company provides various types of Portland cement, such as normal, long heat, crude steel, and sulphate resistant Portland cement. It also offers blast furnace slag cement; and blast furnace slag fine powder, as well as concrete. The company was formerly known as Hyundai Cement Co., Ltd. and changed its name to Hanil … Read more
Hyundai Cement (006390) - Net Assets
Latest net assets as of June 2025: ₩437.65 Billion KRW
Based on the latest financial reports, Hyundai Cement (006390) has net assets worth ₩437.65 Billion KRW as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩906.87 Billion) and total liabilities (₩469.22 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 | ₩437.65 Billion |
| % of Total Assets | 48.26% |
| Annual Growth Rate | 1.31% |
| 5-Year Change | 68.62% |
| 10-Year Change | 671.8% |
| Growth Volatility | 118.62 |
Hyundai Cement - Net Assets Trend (2000–2024)
This chart illustrates how Hyundai Cement's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hyundai Cement (2000–2024)
The table below shows the annual net assets of Hyundai Cement from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩431.44 Billion | +10.35% |
| 2023-12-31 | ₩390.98 Billion | +7.45% |
| 2022-12-31 | ₩363.88 Billion | +12.24% |
| 2021-12-31 | ₩324.20 Billion | +26.70% |
| 2020-12-31 | ₩255.87 Billion | +25.05% |
| 2019-12-31 | ₩204.61 Billion | +15.99% |
| 2018-12-31 | ₩176.41 Billion | -15.73% |
| 2017-12-31 | ₩209.35 Billion | +46.39% |
| 2016-12-31 | ₩143.00 Billion | +155.82% |
| 2014-12-31 | ₩55.90 Billion | +120.19% |
| 2013-12-31 | ₩-276.81 Billion | -529.45% |
| 2012-12-31 | ₩64.46 Billion | -27.96% |
| 2011-12-31 | ₩89.47 Billion | -45.12% |
| 2010-12-31 | ₩163.03 Billion | -50.50% |
| 2009-12-31 | ₩329.38 Billion | +8.11% |
| 2008-12-31 | ₩304.69 Billion | -25.45% |
| 2007-12-31 | ₩408.72 Billion | +1.63% |
| 2006-12-31 | ₩402.18 Billion | -0.78% |
| 2005-12-31 | ₩405.32 Billion | +1.76% |
| 2004-12-31 | ₩398.31 Billion | +6.48% |
| 2003-12-31 | ₩374.06 Billion | +17.28% |
| 2002-12-31 | ₩318.93 Billion | +5.60% |
| 2001-12-31 | ₩302.02 Billion | -4.28% |
| 2000-12-31 | ₩315.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hyundai Cement'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 19726207781000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩197.26 Billion | 45.72% |
| Other Components | ₩234.18 Billion | 54.28% |
| Total Equity | ₩431.44 Billion | 100.00% |
Hyundai Cement Competitors by Market Cap
The table below lists competitors of Hyundai Cement ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BLD Plantation Bhd
KLSE:5069
|
$23.32 Million |
|
Korea Computer & Systems Inc
KQ:115500
|
$23.32 Million |
|
WINDAR PHOTONICS LS -01
F:7WP
|
$23.32 Million |
|
Electro Aço Altona S.A
SA:EALT3
|
$23.32 Million |
|
Nara Mold & Die Co. Ltd
KQ:051490
|
$23.31 Million |
|
Lima Dua Lima Tiga PT
JK:LUCY
|
$23.30 Million |
|
Easy Software AG
HM:ESY
|
$23.30 Million |
|
Wisher Industrial Co Ltd
TW:1465
|
$23.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyundai Cement's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 390,980,858,270 to 431,444,746,260, a change of 40,463,887,990 (10.3%).
- Net income of 60,044,526,090 contributed positively to equity growth.
- Dividend payments of 13,528,764,430 reduced retained earnings.
- Other factors decreased equity by 6,051,873,670.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩60.04 Billion | +13.92% |
| Dividends Paid | ₩13.53 Billion | -3.14% |
| Other Changes | ₩-6.05 Billion | -1.4% |
| Total Change | ₩- | 10.35% |
Book Value vs Market Value Analysis
This analysis compares Hyundai Cement'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: 0.81x
- 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 1.44x to 0.81x 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 | ₩12492.02 | ₩18010.00 | x |
| 2018-12-31 | ₩10526.43 | ₩18010.00 | x |
| 2019-12-31 | ₩12164.01 | ₩18010.00 | x |
| 2020-12-31 | ₩15211.33 | ₩18010.00 | x |
| 2021-12-31 | ₩18239.77 | ₩18010.00 | x |
| 2022-12-31 | ₩18826.92 | ₩18010.00 | x |
| 2023-12-31 | ₩20229.07 | ₩18010.00 | x |
| 2024-12-31 | ₩22322.64 | ₩18010.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyundai Cement 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): 13.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.70%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.10x
- Recent ROE (13.92%) is below the historical average (19.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.69% | 1.97% | 0.65x | 2.88x | ₩-19.05 Billion |
| 2002 | 9.98% | 5.70% | 0.65x | 2.69x | ₩-57.62 Million |
| 2003 | 17.08% | 10.59% | 0.73x | 2.23x | ₩26.49 Billion |
| 2004 | 7.29% | 5.86% | 0.58x | 2.16x | ₩-10.79 Billion |
| 2005 | 4.65% | 4.82% | 0.46x | 2.12x | ₩-21.69 Billion |
| 2006 | 0.31% | 0.36% | 0.38x | 2.22x | ₩-38.97 Billion |
| 2009 | 5.32% | 2.36% | 0.52x | 4.33x | ₩-15.43 Billion |
| 2011 | -112.19% | -24.24% | 0.46x | 10.13x | ₩-109.32 Billion |
| 2012 | -60.27% | -13.01% | 0.56x | 8.27x | ₩-45.29 Billion |
| 2013 | 0.00% | -106.47% | 0.68x | 0.00x | ₩-319.80 Billion |
| 2014 | 506.96% | 87.00% | 0.69x | 8.40x | ₩277.80 Billion |
| 2016 | -104.88% | -39.59% | 0.73x | 3.64x | ₩-164.28 Billion |
| 2017 | 29.38% | 17.64% | 0.70x | 2.37x | ₩40.57 Billion |
| 2018 | -16.64% | -8.64% | 0.62x | 3.11x | ₩-46.99 Billion |
| 2019 | 20.19% | 10.76% | 0.69x | 2.74x | ₩20.86 Billion |
| 2020 | 24.54% | 18.78% | 0.59x | 2.20x | ₩37.19 Billion |
| 2021 | 12.46% | 10.17% | 0.67x | 1.84x | ₩7.96 Billion |
| 2022 | 9.81% | 7.58% | 0.73x | 1.78x | ₩-683.99 Million |
| 2023 | 8.97% | 6.95% | 0.60x | 2.14x | ₩-4.04 Billion |
| 2024 | 13.92% | 11.70% | 0.57x | 2.10x | ₩16.90 Billion |
Industry Comparison
This section compares Hyundai Cement's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $621,823,262,166
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyundai Cement (006390) | ₩437.65 Billion | 3.69% | 1.07x | $23.31 Million |
| Chosun Refractories Co Ltd (000480) | $634.19 Billion | 2.14% | 0.53x | $26.36 Million |
| Tongyang Inc (001525) | $788.24 Billion | 2.31% | 0.40x | $144.72 Million |
| Asia Cement (002030) | $1.23 Trillion | 2.84% | 0.39x | $138.40 Million |
| Hanil Cement Co Ltd (003300) | $1.74 Trillion | 0.79% | 0.89x | $128.53 Million |
| Korea Petroleum Industries Co (004090) | $20.15 Billion | 6.85% | 1.54x | $80.96 Million |
| TWay Holdings (004870) | $245.78 Billion | -12.02% | 2.54x | $12.25 Million |
| Sungshin Cemen (004980) | $538.02 Billion | 12.40% | 1.44x | $67.16 Million |
| Sungshin Cement Co Ltd (004985) | $386.88 Billion | 4.31% | 1.74x | $93.23 Million |
| Mohenz.Co.Ltd (006920) | $15.60 Billion | 4.02% | 2.74x | $26.41 Million |