Han Shin Mach (011700) - Net Assets

Latest as of September 2025: ₩91.46 Billion KRW ≈ $61.98 Million USD

Based on the latest financial reports, Han Shin Mach (011700) has net assets worth ₩91.46 Billion KRW (≈ $61.98 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 (₩127.75 Billion ≈ $86.57 Million USD) and total liabilities (₩36.29 Billion ≈ $24.59 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 how resilient are Han Shin Mach's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore 011700 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Han Shin Mach market cap and net worth.

Year	Net Assets	Change
2024-12-31	₩89.60 Billion ≈ $60.72 Million	-1.33%
2023-12-31	₩90.80 Billion ≈ $61.53 Million	-2.31%
2022-12-31	₩92.95 Billion ≈ $62.99 Million	+8.00%
2021-12-31	₩86.06 Billion ≈ $58.32 Million	+4.52%
2020-12-31	₩82.34 Billion ≈ $55.80 Million	+1.68%
2019-12-31	₩80.98 Billion ≈ $54.88 Million	+1.45%
2018-12-31	₩79.82 Billion ≈ $54.10 Million	+2.20%
2017-12-31	₩78.10 Billion ≈ $52.93 Million	+1.06%
2016-12-31	₩77.29 Billion ≈ $52.38 Million	+9.41%
2015-12-31	₩70.64 Billion ≈ $47.87 Million	+8.80%
2014-12-31	₩64.93 Billion ≈ $44.00 Million	+9.09%
2013-12-31	₩59.52 Billion ≈ $40.34 Million	+14.77%
2012-12-31	₩51.86 Billion ≈ $35.15 Million	+5.71%
2011-12-31	₩49.06 Billion ≈ $33.25 Million	--

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
Tembo Global Industries Limited NSE:TEMBO	$101.19 Million
WMG Holdings Bhd KLSE:6378	$101.24 Million
Pacific Construction Co Ltd TW:2506	$101.27 Million
Recce Pharmaceuticals Ltd AU:RCE	$101.28 Million
eGalax_eMPIA Technology TWO:3556	$101.15 Million
Tai Tung Communication Co Ltd TW:8011	$101.15 Million
Fima Corporation Bhd KLSE:3107	$101.13 Million
Ovid Therapeutics Inc NASDAQ:OVID	$101.12 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: 1.67x
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 1.88x to 1.67x 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	₩4615.00	x
2018-12-31	₩2511.30	₩4615.00	x
2019-12-31	₩2547.66	₩4615.00	x
2020-12-31	₩2674.57	₩4615.00	x
2021-12-31	₩2791.20	₩4615.00	x
2022-12-31	₩3014.78	₩4615.00	x
2023-12-31	₩2794.41	₩4615.00	x
2024-12-31	₩2765.73	₩4615.00	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: $169,079,054,694
Average return on equity (ROE) among peers: 92.33%

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	$101.16 Million
Hwacheon Mac (000850)	$131.77 Billion	7.91%	0.65x	$57.77 Million
Daidong Elec (008110)	$88.61 Billion	9.10%	0.47x	$71.25 Million
Booster Co. Ltd (008470)	$65.94 Billion	9.50%	0.26x	$21.20 Million
Simpac (009160)	$240.83 Billion	5.35%	0.58x	$101.09 Million
Kyung Dong Navien Co Ltd (009450)	$695.42 Billion	17.88%	0.95x	$761.04 Million
Korea Refract (010040)	$25.31 Billion	-5.89%	3.13x	$48.01 Million
Woojin I&S Co Ltd (010400)	$106.95 Billion	1.99%	0.25x	$18.75 Million
Hwacheon Machi (010660)	$124.32 Billion	-0.54%	0.30x	$75.74 Million
STX Corporation (011810)	$42.56 Billion	785.68%	13.74x	$74.11 Million

About Han Shin Mach

KO:011700 Korea Specialty Industrial Machinery

Market Cap

$101.16 Million

₩149.28 Billion KRW

Market Cap Rank

#19139 Global

#1024 in Korea

Share Price

₩4615.00

Change (1 day)

-2.22%

52-Week Range

₩2840.00 - ₩5470.00

All Time High

₩13985.44