Hwacheon Machi Net Assets
Hwacheon Machi net assets. Based on the latest financial reports, Hwacheon Machi (010660) has net assets worth ₩141.29 Billion KRW (≈ $95.75 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 (₩187.04 Billion ≈ $126.75 Million USD) and total liabilities (₩45.75 Billion ≈ $31.00 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 010660 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩141.29 Billion |
| % of Total Assets | 75.54% |
| Annual Growth Rate | 1.17% |
| 5-Year Change | 15.66% |
| 10-Year Change | 10.11% |
| Growth Volatility | 2.87 |
Net Assets of Hwacheon Machi (2013–2024)
Net assets of Hwacheon Machi from 2013 to 2024. This chart illustrates how Hwacheon Machi's net assets have evolved over time, based on quarterly financial data. See 010660 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Hwacheon Machi (2013–2024)
The table below shows the annual net assets of Hwacheon Machi from 2013 to 2024. For live market cap and overall valuation, see Hwacheon Machi stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩139.02 Billion ≈ $94.21 Million |
+1.06% |
| 2023-12-31 | ₩137.56 Billion ≈ $93.22 Million |
+6.78% |
| 2022-12-31 | ₩128.82 Billion ≈ $87.30 Million |
+2.39% |
| 2021-12-31 | ₩125.81 Billion ≈ $85.26 Million |
+4.67% |
| 2020-12-31 | ₩120.20 Billion ≈ $81.46 Million |
-3.53% |
| 2019-12-31 | ₩124.59 Billion ≈ $84.44 Million |
+0.22% |
| 2018-12-31 | ₩124.32 Billion ≈ $84.25 Million |
+0.96% |
| 2017-12-31 | ₩123.14 Billion ≈ $83.45 Million |
+0.29% |
| 2016-12-31 | ₩122.78 Billion ≈ $83.21 Million |
-2.75% |
| 2015-12-31 | ₩126.25 Billion ≈ $85.56 Million |
-0.06% |
| 2014-12-31 | ₩126.33 Billion ≈ $85.61 Million |
+3.31% |
| 2013-12-31 | ₩122.28 Billion ≈ $82.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hwacheon Machi'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 5.0% over the analyzed period, indicating profitable operations and earnings retention.
Hwacheon Machi Net Assets Breakdown (December 2024)
Hwacheon Machi net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩111.25 Billion | 80.02% |
| Other Components | ₩27.77 Billion | 19.98% |
| Total Equity | ₩139.02 Billion | 100.00% |
Hwacheon Machi Competitors by Market Cap
The table below lists competitors of Hwacheon Machi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Equus Energy Ltd
AU:EQU
|
$52.13 Million |
|
Zimmite Taiwan Ltd
TWO:8435
|
$52.13 Million |
|
Ultimovacs ASA
OL:ULTI
|
$52.14 Million |
|
Anfield Resources Inc
V:AEC
|
$52.15 Million |
|
Bank Mnc Internasional Tbk
JK:BABP
|
$52.10 Million |
|
Societe de Tayninh SA
PA:TAYN
|
$52.09 Million |
|
Kutahya Porselen Sanayi AS
IS:KUTPO
|
$52.08 Million |
|
ktcs corporation
KO:058850
|
$52.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hwacheon Machi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 137,561,687,410 to 139,019,845,720, a change of 1,458,158,310 (1.1%).
- Net income of 5,917,261,780 contributed positively to equity growth.
- Dividend payments of 659,925,680 reduced retained earnings.
- Other factors decreased equity by 3,799,177,790.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.92 Billion | +4.26% |
| Dividends Paid | ₩659.93 Million | -0.47% |
| Other Changes | ₩-3.80 Billion | -2.73% |
| Total Change | ₩- | 1.06% |
Book Value vs Market Value Analysis
This analysis compares Hwacheon Machi'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: 0.55x
- 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 | ₩6219.06 | ₩3495.00 | x |
| 2018-12-31 | ₩6278.81 | ₩3495.00 | x |
| 2019-12-31 | ₩5961.40 | ₩3495.00 | x |
| 2020-12-31 | ₩6070.66 | ₩3495.00 | x |
| 2021-12-31 | ₩6354.12 | ₩3495.00 | x |
| 2022-12-31 | ₩6506.30 | ₩3495.00 | x |
| 2023-12-31 | ₩6252.80 | ₩3495.00 | x |
| 2024-12-31 | ₩6319.08 | ₩3495.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hwacheon Machi 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): 4.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.55%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.25x
- Recent ROE (4.26%) is above the historical average (1.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.14% | 3.35% | 1.50x | 1.42x | ₩-3.49 Billion |
| 2014 | 5.47% | 2.51% | 1.51x | 1.45x | ₩-5.72 Billion |
| 2015 | 1.83% | 0.99% | 1.45x | 1.27x | ₩-10.32 Billion |
| 2016 | -2.04% | -1.28% | 1.21x | 1.32x | ₩-14.78 Billion |
| 2017 | 0.47% | 0.28% | 1.33x | 1.27x | ₩-11.73 Billion |
| 2018 | -0.54% | -0.37% | 1.11x | 1.30x | ₩-13.11 Billion |
| 2019 | -4.92% | -3.84% | 1.01x | 1.27x | ₩-18.59 Billion |
| 2020 | -3.79% | -3.33% | 0.93x | 1.22x | ₩-16.57 Billion |
| 2021 | 4.28% | 3.06% | 1.13x | 1.24x | ₩-7.20 Billion |
| 2022 | 2.76% | 1.88% | 1.18x | 1.25x | ₩-9.32 Billion |
| 2023 | 0.56% | 0.47% | 0.97x | 1.22x | ₩-12.99 Billion |
| 2024 | 4.26% | 2.55% | 1.33x | 1.25x | ₩-7.98 Billion |
Industry Comparison
This section compares Hwacheon Machi's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $197,106,584,618
- Average return on equity (ROE) among peers: 3.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwacheon Machi (010660) | ₩141.29 Billion | 7.14% | 0.32x | $52.11 Million |
| Hwacheon Mac (000850) | $263.74 Billion | 6.07% | 0.29x | $53.67 Million |
| Daidong Elec (008110) | $92.73 Billion | 3.12% | 0.33x | $71.25 Million |
| Booster Co. Ltd (008470) | $78.63 Billion | 2.15% | 0.34x | $17.22 Million |
| Simpac (009160) | $670.34 Billion | 3.07% | 0.99x | $182.58 Million |
| Kyung Dong Navien Co Ltd (009450) | $256.51 Billion | 10.30% | 0.96x | $576.90 Million |
| Korea Refract (010040) | $123.18 Billion | 9.45% | 0.75x | $35.76 Million |
| Woojin I&S Co Ltd (010400) | $95.63 Billion | 2.02% | 0.19x | $16.64 Million |
| Han Shin Mach (011700) | $90.80 Billion | 4.11% | 0.28x | $42.85 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $74.11 Million |
About Hwacheon Machi
Hwacheon Machinery Co., Ltd., together with its subsidiaries, manufactures and sells machine tools, and automobile parts and components in Korea. The company offers lathes, milling machines, drilling machines, shapers, NC machine tools, and special-purpose machines, as well as automotive parts. It also provides cylinder blocks, cylinder heads, and crankshafts; robot parts, machine tool parts, rai… Read more