Hwashin (010690) - Net Assets
Based on the latest financial reports, Hwashin (010690) has net assets worth ₩571.35 Billion KRW (≈ $387.19 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.56 Trillion ≈ $1.06 Billion USD) and total liabilities (₩987.75 Billion ≈ $669.39 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 balance sheet size of Hwashin for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩571.35 Billion |
| % of Total Assets | 36.65% |
| Annual Growth Rate | 9.26% |
| 5-Year Change | 98.08% |
| 10-Year Change | 45.07% |
| Growth Volatility | 14.21 |
Hwashin - Net Assets Trend (2000–2025)
This chart illustrates how Hwashin's net assets have evolved over time, based on quarterly financial data. Check Hwashin (010690) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hwashin (2000–2025)
The table below shows the annual net assets of Hwashin from 2000 to 2025. For live valuation and market cap data, see Hwashin (010690) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩571.35 Billion ≈ $387.19 Million |
+10.42% |
| 2024-12-31 | ₩517.43 Billion ≈ $350.66 Million |
+16.26% |
| 2023-12-31 | ₩445.06 Billion ≈ $301.61 Million |
+24.72% |
| 2022-12-31 | ₩356.86 Billion ≈ $241.84 Million |
+23.72% |
| 2021-12-31 | ₩288.44 Billion ≈ $195.47 Million |
+12.82% |
| 2020-12-31 | ₩255.66 Billion ≈ $173.26 Million |
-14.70% |
| 2019-12-31 | ₩299.73 Billion ≈ $203.12 Million |
+2.23% |
| 2018-12-31 | ₩293.18 Billion ≈ $198.68 Million |
-16.89% |
| 2017-12-31 | ₩352.74 Billion ≈ $239.05 Million |
-10.44% |
| 2016-12-31 | ₩393.84 Billion ≈ $266.90 Million |
+8.39% |
| 2015-12-31 | ₩363.36 Billion ≈ $246.24 Million |
-3.78% |
| 2014-12-31 | ₩377.62 Billion ≈ $255.91 Million |
+12.86% |
| 2013-12-31 | ₩334.58 Billion ≈ $226.74 Million |
-8.69% |
| 2012-12-31 | ₩366.45 Billion ≈ $248.34 Million |
+0.89% |
| 2011-12-31 | ₩363.23 Billion ≈ $246.15 Million |
+35.66% |
| 2010-12-31 | ₩267.75 Billion ≈ $181.45 Million |
+42.66% |
| 2009-12-31 | ₩187.69 Billion ≈ $127.19 Million |
+25.22% |
| 2008-12-31 | ₩149.88 Billion ≈ $101.57 Million |
+15.49% |
| 2007-12-31 | ₩129.78 Billion ≈ $87.95 Million |
+16.67% |
| 2006-12-31 | ₩111.24 Billion ≈ $75.38 Million |
+7.49% |
| 2005-12-31 | ₩103.48 Billion ≈ $70.13 Million |
+11.06% |
| 2004-12-31 | ₩93.17 Billion ≈ $63.14 Million |
+2.08% |
| 2003-12-31 | ₩91.28 Billion ≈ $61.86 Million |
+15.33% |
| 2002-12-31 | ₩79.15 Billion ≈ $53.64 Million |
+14.59% |
| 2001-12-31 | ₩69.07 Billion ≈ $46.81 Million |
+10.61% |
| 2000-12-31 | ₩62.44 Billion ≈ $42.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hwashin'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 51863899887000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩518.64 Billion | 90.77% |
| Other Components | ₩52.72 Billion | 9.23% |
| Total Equity | ₩571.36 Billion | 100.00% |
Hwashin Competitors by Market Cap
The table below lists competitors of Hwashin ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyosung Chemical Corp
KO:298000
|
$169.81 Million |
|
Invicta
JSE:IVT
|
$169.84 Million |
|
Gipta Ofis Kirtasiye ve Promosyon Ãrünleri Imalat Sanayi A.S.
IS:GIPTA
|
$169.85 Million |
|
Dynacons Systems & Solutions Limited
NSE:DSSL
|
$169.86 Million |
|
Wallix Group SA
PA:ALLIX
|
$169.74 Million |
|
Equity Commonwealth
NYSE:EQC
|
$169.73 Million |
|
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS
IS:INDES
|
$169.66 Million |
|
Hercules Metals Corp.
V:BIG
|
$169.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hwashin's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 517,450,986,460 to 571,361,149,380, a change of 53,910,162,920 (10.4%).
- Net income of 66,705,772,770 contributed positively to equity growth.
- Dividend payments of 5,212,235,650 reduced retained earnings.
- Other factors decreased equity by 7,583,374,200.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩66.71 Billion | +11.67% |
| Dividends Paid | ₩5.21 Billion | -0.91% |
| Other Changes | ₩-7.58 Billion | -1.33% |
| Total Change | ₩- | 10.42% |
Book Value vs Market Value Analysis
This analysis compares Hwashin'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: 0.44x
- 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 0.71x to 0.44x 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 | ₩10157.29 | ₩7210.00 | x |
| 2018-12-31 | ₩8903.84 | ₩7210.00 | x |
| 2019-12-31 | ₩9102.57 | ₩7210.00 | x |
| 2020-12-31 | ₩7764.67 | ₩7210.00 | x |
| 2021-12-31 | ₩8760.40 | ₩7210.00 | x |
| 2022-12-31 | ₩10838.72 | ₩7210.00 | x |
| 2023-12-31 | ₩12808.26 | ₩7210.00 | x |
| 2024-12-31 | ₩14891.34 | ₩7210.00 | x |
| 2025-12-31 | ₩16442.79 | ₩7210.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hwashin 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): 11.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.40%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.73x
- Recent ROE (11.67%) is above the historical average (7.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.10% | 1.86% | 1.53x | 2.15x | ₩-2.36 Billion |
| 2001 | 10.95% | 3.74% | 1.60x | 1.83x | ₩635.77 Million |
| 2002 | 11.39% | 3.87% | 1.67x | 1.76x | ₩1.04 Billion |
| 2003 | 11.97% | 3.71% | 1.39x | 2.32x | ₩1.65 Billion |
| 2004 | 9.57% | 2.32% | 1.32x | 3.11x | ₩-361.93 Million |
| 2005 | 4.96% | 0.93% | 1.45x | 3.67x | ₩-4.56 Billion |
| 2006 | 11.00% | 1.77% | 1.67x | 3.70x | ₩983.61 Million |
| 2007 | 13.77% | 2.42% | 1.58x | 3.59x | ₩4.34 Billion |
| 2008 | 5.06% | 0.81% | 1.50x | 4.13x | ₩-6.54 Billion |
| 2009 | 25.53% | 3.97% | 1.78x | 3.62x | ₩25.92 Billion |
| 2010 | 29.85% | 5.16% | 2.03x | 2.84x | ₩48.48 Billion |
| 2011 | 10.31% | 2.33% | 1.68x | 2.64x | ₩1.06 Billion |
| 2012 | 6.95% | 1.45% | 1.90x | 2.51x | ₩-10.39 Billion |
| 2013 | 0.30% | 0.07% | 1.90x | 2.35x | ₩-32.28 Billion |
| 2014 | 11.70% | 3.35% | 1.42x | 2.47x | ₩6.39 Billion |
| 2015 | -6.39% | -1.85% | 1.39x | 2.48x | ₩-59.46 Billion |
| 2016 | 12.15% | 3.82% | 1.30x | 2.45x | ₩8.46 Billion |
| 2017 | -8.60% | -2.84% | 1.26x | 2.40x | ₩-65.59 Billion |
| 2018 | -19.48% | -5.31% | 1.30x | 2.83x | ₩-86.41 Billion |
| 2019 | 2.22% | 0.57% | 1.44x | 2.70x | ₩-23.33 Billion |
| 2020 | -21.21% | -5.00% | 1.32x | 3.22x | ₩-79.80 Billion |
| 2021 | 8.45% | 1.97% | 1.42x | 3.02x | ₩-4.46 Billion |
| 2022 | 20.80% | 4.39% | 1.68x | 2.82x | ₩38.53 Billion |
| 2023 | 17.36% | 4.29% | 1.51x | 2.69x | ₩32.77 Billion |
| 2024 | 10.35% | 3.13% | 1.30x | 2.55x | ₩1.83 Billion |
| 2025 | 11.67% | 3.40% | 1.26x | 2.73x | ₩9.57 Billion |
Industry Comparison
This section compares Hwashin's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $400,975,071,319
- Average return on equity (ROE) among peers: 8.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwashin (010690) | ₩571.35 Billion | 6.10% | 1.73x | $169.78 Million |
| Hankook Tire Worldwide (000240) | $962.98 Billion | 2.47% | 1.63x | $1.60 Billion |
| Daewonkangup (000430) | $558.75 Billion | 3.89% | 1.09x | $150.63 Million |
| SG Choongbang Co Ltd (001380) | $130.06 Billion | 0.58% | 0.57x | $40.16 Million |
| Tae Won Mulsan (001420) | $45.28 Billion | 38.58% | 0.18x | $12.92 Million |
| Dongkook Ind (001620) | $180.71 Billion | 11.80% | 1.69x | $158.01 Million |
| PS Tec. Co. Ltd (002230) | $61.73 Billion | 10.69% | 0.37x | $49.47 Million |
| Nexen Tire (002350) | $278.04 Billion | 0.00% | 2.59x | $402.74 Million |
| Nexen Tire Prf 1 (002355) | $1.43 Trillion | 7.25% | 1.27x | $16.47 Million |
| Dayou A-Tech (002880) | $74.92 Billion | 9.62% | 3.84x | $24.56 Million |
| Yoo Sung Ent (002920) | $289.11 Billion | 3.03% | 0.31x | $30.42 Million |
About Hwashin
HWASHIN CO.,Ltd manufactures and sells automobile components. It offers chassis products, such as front and rear cross member type, front and rear lower arm, rear CTBA, rear trailing and assist arm, rear axle housing assembly, front upper arm, pedal, and fuel tank; body parts comprising REINF side outer, fender apron and member, center and rear floor, cowl complete and cross bar, bumper rail, and… Read more