Han Shin Mach
Hanshin Machinery Co., Ltd. manufactures and sells air compressors in Korea and internationally. The company provides GRH and RCH series oil flooded compressors; AL, CDH, and FE type oil free screw compressors; and air cooled reciprocating air compressors. It offers accessories, including refrigerated type air dryers, air filters, after coolers, and air receiver tanks, as well as air dryers for h… Read more
Han Shin Mach (011700) - Net Assets
Latest net assets as of September 2025: ₩91.46 Billion KRW
Based on the latest financial reports, Han Shin Mach (011700) has net assets worth ₩91.46 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩127.75 Billion) and total liabilities (₩36.29 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 | ₩91.46 Billion |
| % of Total Assets | 71.59% |
| Annual Growth Rate | 4.74% |
| 5-Year Change | 8.81% |
| 10-Year Change | 26.83% |
| Growth Volatility | 4.77 |
Han Shin Mach - Net Assets Trend (2011–2024)
This chart illustrates how Han Shin Mach's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Han Shin Mach (2011–2024)
The table below shows the annual net assets of Han Shin Mach from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩89.60 Billion | -1.33% |
| 2023-12-31 | ₩90.80 Billion | -2.31% |
| 2022-12-31 | ₩92.95 Billion | +8.00% |
| 2021-12-31 | ₩86.06 Billion | +4.52% |
| 2020-12-31 | ₩82.34 Billion | +1.68% |
| 2019-12-31 | ₩80.98 Billion | +1.45% |
| 2018-12-31 | ₩79.82 Billion | +2.20% |
| 2017-12-31 | ₩78.10 Billion | +1.06% |
| 2016-12-31 | ₩77.29 Billion | +9.41% |
| 2015-12-31 | ₩70.64 Billion | +8.80% |
| 2014-12-31 | ₩64.93 Billion | +9.09% |
| 2013-12-31 | ₩59.52 Billion | +14.77% |
| 2012-12-31 | ₩51.86 Billion | +5.71% |
| 2011-12-31 | ₩49.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Han Shin Mach'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 4849.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩53.83 Billion | 60.17% |
| Other Components | ₩35.63 Billion | 39.83% |
| Total Equity | ₩89.46 Billion | 100.00% |
Han Shin Mach Competitors by Market Cap
The table below lists competitors of Han Shin Mach ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SK Growth Opportunities Corporation
NASDAQ:SKGR
|
$87.04 Million |
|
Sejong Industrial
KO:033530
|
$87.06 Million |
|
NORDHEALTH AS NK 1
F:6E5
|
$87.11 Million |
|
AeroSpace Technology of Korea
KQ:067390
|
$87.13 Million |
|
Hurco Companies Inc
NASDAQ:HURC
|
$86.94 Million |
|
Mediantechn
PA:ALMDT
|
$86.92 Million |
|
Bestsun Energy Co Ltd
SHG:600681
|
$86.89 Million |
|
ODFJELL TECHNOLOGYLTD
F:ND4
|
$86.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Han Shin Mach's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 90,667,900,430 to 89,460,776,000, a change of -1,207,124,430 (-1.3%).
- Net loss of 1,212,480,000 reduced equity.
- Dividend payments of 486,692,260 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.21 Billion | -1.36% |
| Dividends Paid | ₩486.69 Million | -0.54% |
| Other Changes | ₩492.05 Million | +0.55% |
| Total Change | ₩- | -1.33% |
Book Value vs Market Value Analysis
This analysis compares Han Shin Mach'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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.02x to 1.80x 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 | ₩2457.19 | ₩4970.00 | x |
| 2018-12-31 | ₩2511.30 | ₩4970.00 | x |
| 2019-12-31 | ₩2547.66 | ₩4970.00 | x |
| 2020-12-31 | ₩2674.57 | ₩4970.00 | x |
| 2021-12-31 | ₩2791.20 | ₩4970.00 | x |
| 2022-12-31 | ₩3014.78 | ₩4970.00 | x |
| 2023-12-31 | ₩2794.41 | ₩4970.00 | x |
| 2024-12-31 | ₩2765.73 | ₩4970.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Han Shin Mach 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): -1.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.92%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.41x
- Recent ROE (-1.36%) is below the historical average (5.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 10.50% | 7.99% | 0.94x | 1.39x | ₩247.29 Million |
| 2012 | 9.67% | 7.36% | 0.92x | 1.43x | ₩-168.77 Million |
| 2013 | 10.61% | 8.95% | 0.85x | 1.40x | ₩362.79 Million |
| 2014 | 10.21% | 10.16% | 0.75x | 1.35x | ₩136.20 Million |
| 2015 | 8.92% | 10.05% | 0.68x | 1.30x | ₩-762.21 Million |
| 2016 | 7.98% | 9.84% | 0.66x | 1.23x | ₩-1.56 Billion |
| 2017 | 6.00% | 8.34% | 0.62x | 1.16x | ₩-3.13 Billion |
| 2018 | 4.19% | 6.28% | 0.59x | 1.14x | ₩-4.64 Billion |
| 2019 | 1.99% | 3.06% | 0.56x | 1.16x | ₩-6.48 Billion |
| 2020 | 4.20% | 6.70% | 0.54x | 1.16x | ₩-4.77 Billion |
| 2021 | 4.76% | 7.52% | 0.54x | 1.18x | ₩-4.51 Billion |
| 2022 | -5.10% | -8.45% | 0.48x | 1.25x | ₩-14.02 Billion |
| 2023 | 4.11% | 6.09% | 0.53x | 1.28x | ₩-5.34 Billion |
| 2024 | -1.36% | -1.92% | 0.50x | 1.41x | ₩-10.16 Billion |
Industry Comparison
This section compares Han Shin Mach's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $140,511,152,133
- Average return on equity (ROE) among peers: 2.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Han Shin Mach (011700) | ₩91.46 Billion | 10.50% | 0.40x | $87.00 Million |
| Hwacheon Mac (000850) | $337.27 Billion | 2.57% | 0.27x | $28.32 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $11.34 Million |
| Booster Co. Ltd (008470) | $78.71 Billion | -1.57% | 0.22x | $7.43 Million |
| Simpac (009160) | $177.87 Billion | 4.27% | 0.64x | $73.77 Million |
| Kyung Dong Navien Co Ltd (009450) | $187.28 Billion | 5.94% | 0.89x | $260.71 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $5.93 Million |
| Woojin I&S Co Ltd (010400) | $59.84 Billion | 17.27% | 0.32x | $6.85 Million |
| Hwacheon Machi (010660) | $124.59 Billion | -4.92% | 0.27x | $43.29 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $45.77 Million |