Hanwha Aerospace Co Ltd (012450) - Net Assets
Based on the latest financial reports, Hanwha Aerospace Co Ltd (012450) has net assets worth ₩15.53 Trillion KRW (≈ $10.52 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩49.97 Trillion ≈ $33.87 Billion USD) and total liabilities (₩34.44 Trillion ≈ $23.34 Billion 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 012450 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩15.53 Trillion |
| % of Total Assets | 31.08% |
| Annual Growth Rate | 12.7% |
| 5-Year Change | 280.11% |
| 10-Year Change | 406.18% |
| Growth Volatility | 29.31 |
Hanwha Aerospace Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Hanwha Aerospace Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hanwha Aerospace Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Hanwha Aerospace Co Ltd (2000–2024)
The table below shows the annual net assets of Hanwha Aerospace Co Ltd from 2000 to 2024. For live valuation and market cap data, see 012450 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩11.36 Trillion ≈ $7.70 Billion |
+142.61% |
| 2023-12-31 | ₩4.68 Trillion ≈ $3.17 Billion |
+19.38% |
| 2022-12-31 | ₩3.92 Trillion ≈ $2.66 Billion |
-0.20% |
| 2021-12-31 | ₩3.93 Trillion ≈ $2.66 Billion |
+31.50% |
| 2020-12-31 | ₩2.99 Trillion ≈ $2.03 Billion |
+4.71% |
| 2019-12-31 | ₩2.86 Trillion ≈ $1.94 Billion |
+8.33% |
| 2018-12-31 | ₩2.64 Trillion ≈ $1.79 Billion |
+20.85% |
| 2017-12-31 | ₩2.18 Trillion ≈ $1.48 Billion |
-6.83% |
| 2016-12-31 | ₩2.34 Trillion ≈ $1.59 Billion |
+4.26% |
| 2015-12-31 | ₩2.25 Trillion ≈ $1.52 Billion |
+36.64% |
| 2014-12-31 | ₩1.64 Trillion ≈ $1.11 Billion |
-3.62% |
| 2013-12-31 | ₩1.70 Trillion ≈ $1.16 Billion |
+8.06% |
| 2012-12-31 | ₩1.58 Trillion ≈ $1.07 Billion |
-2.92% |
| 2011-12-31 | ₩1.63 Trillion ≈ $1.10 Billion |
+27.90% |
| 2010-12-31 | ₩1.27 Trillion ≈ $861.09 Million |
+17.34% |
| 2009-12-31 | ₩1.08 Trillion ≈ $733.87 Million |
+0.17% |
| 2008-12-31 | ₩1.08 Trillion ≈ $732.62 Million |
+4.51% |
| 2007-12-31 | ₩1.03 Trillion ≈ $700.99 Million |
+21.09% |
| 2006-12-31 | ₩854.24 Billion ≈ $578.91 Million |
+19.27% |
| 2005-12-31 | ₩716.23 Billion ≈ $485.38 Million |
+9.56% |
| 2004-12-31 | ₩653.71 Billion ≈ $443.01 Million |
+7.63% |
| 2003-12-31 | ₩607.38 Billion ≈ $411.62 Million |
+7.99% |
| 2002-12-31 | ₩562.43 Billion ≈ $381.15 Million |
+6.58% |
| 2001-12-31 | ₩527.68 Billion ≈ $357.60 Million |
-18.11% |
| 2000-12-31 | ₩644.34 Billion ≈ $436.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hanwha Aerospace Co Ltd'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 474652039101000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩4.75 Trillion | 95.02% |
| Other Components | ₩248.60 Billion | 4.98% |
| Total Equity | ₩5.00 Trillion | 100.00% |
Hanwha Aerospace Co Ltd Competitors by Market Cap
The table below lists competitors of Hanwha Aerospace Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Vital Components Co Ltd
TW:3017
|
$34.90 Billion |
|
Swisscom AG
SW:SCMN
|
$34.91 Billion |
|
Suzhou TFC Optical Communication Co Ltd
SHE:300394
|
$34.98 Billion |
|
Baidu Inc
NASDAQ:BIDU
|
$35.02 Billion |
|
Telefonaktiebolaget LM Ericsson B ADR
NASDAQ:ERIC
|
$34.77 Billion |
|
Semiconductor Manufacturing Intl Co
SHG:688981
|
$34.74 Billion |
|
Trip.com Group Ltd ADR
NASDAQ:TCOM
|
$34.61 Billion |
|
Roper Technologies, Inc.
NASDAQ:ROP
|
$34.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanwha Aerospace Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,528,357,488,010 to 4,995,124,600,280, a change of 1,466,767,112,270 (41.6%).
- Net income of 2,298,945,270,620 contributed positively to equity growth.
- Dividend payments of 119,752,317,850 reduced retained earnings.
- Share repurchases of 19,041,232,570 reduced equity.
- Other factors decreased equity by 693,384,607,930.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.30 Trillion | +46.02% |
| Dividends Paid | ₩119.75 Billion | -2.4% |
| Share Repurchases | ₩19.04 Billion | -0.38% |
| Other Changes | ₩-693.38 Billion | -13.88% |
| Total Change | ₩- | 41.57% |
Book Value vs Market Value Analysis
This analysis compares Hanwha Aerospace Co Ltd'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: 9.10x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 24.14x to 9.10x 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 | ₩41433.22 | ₩1000000.00 | x |
| 2018-12-31 | ₩45534.81 | ₩1000000.00 | x |
| 2019-12-31 | ₩48216.82 | ₩1000000.00 | x |
| 2020-12-31 | ₩51329.16 | ₩1000000.00 | x |
| 2021-12-31 | ₩57134.04 | ₩1000000.00 | x |
| 2022-12-31 | ₩56611.79 | ₩1000000.00 | x |
| 2023-12-31 | ₩69772.56 | ₩1000000.00 | x |
| 2024-12-31 | ₩109863.73 | ₩1000000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanwha Aerospace Co Ltd 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): 46.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.45%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 8.68x
- Recent ROE (46.02%) is above the historical average (10.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.65% | 1.63% | 0.66x | 3.38x | ₩-40.52 Billion |
| 2002 | 6.85% | 2.62% | 0.77x | 3.41x | ₩-17.58 Billion |
| 2003 | 7.37% | 2.53% | 0.97x | 2.98x | ₩-15.88 Billion |
| 2004 | 3.92% | 1.22% | 1.14x | 2.80x | ₩-39.52 Billion |
| 2005 | 12.13% | 3.38% | 1.47x | 2.44x | ₩15.18 Billion |
| 2006 | 18.63% | 5.19% | 1.55x | 2.31x | ₩73.13 Billion |
| 2007 | 19.54% | 5.84% | 1.59x | 2.11x | ₩97.78 Billion |
| 2008 | 6.81% | 3.15% | 0.98x | 2.22x | ₩-34.49 Billion |
| 2009 | 15.86% | 6.46% | 1.07x | 2.29x | ₩63.44 Billion |
| 2010 | 18.45% | 7.30% | 1.10x | 2.29x | ₩106.90 Billion |
| 2011 | 14.16% | 7.79% | 0.92x | 1.97x | ₩67.36 Billion |
| 2012 | 8.32% | 4.46% | 0.91x | 2.06x | ₩-26.53 Billion |
| 2013 | 7.78% | 4.55% | 0.85x | 2.02x | ₩-37.82 Billion |
| 2014 | -7.24% | -4.54% | 0.73x | 2.19x | ₩-282.94 Billion |
| 2015 | 0.26% | 0.22% | 0.64x | 1.83x | ₩-218.60 Billion |
| 2016 | 14.76% | 9.81% | 0.62x | 2.42x | ₩111.32 Billion |
| 2017 | -2.21% | -1.14% | 0.73x | 2.64x | ₩-266.18 Billion |
| 2018 | 1.36% | 0.73% | 0.60x | 3.12x | ₩-204.64 Billion |
| 2019 | 5.32% | 2.51% | 0.60x | 3.50x | ₩-116.40 Billion |
| 2020 | 4.67% | 2.28% | 0.56x | 3.64x | ₩-138.35 Billion |
| 2021 | 8.74% | 3.94% | 0.58x | 3.82x | ₩-36.34 Billion |
| 2022 | 6.82% | 2.77% | 0.47x | 5.29x | ₩-90.93 Billion |
| 2023 | 23.17% | 10.36% | 0.40x | 5.54x | ₩464.67 Billion |
| 2024 | 46.02% | 20.45% | 0.26x | 8.68x | ₩1.80 Trillion |
Industry Comparison
This section compares Hanwha Aerospace Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $3,972,916,011,590
- Average return on equity (ROE) among peers: 7.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanwha Aerospace Co Ltd (012450) | ₩15.53 Trillion | 3.65% | 2.22x | $34.87 Billion |
| SNT Dynamics Co Ltd (003570) | $604.53 Billion | -5.12% | 0.39x | $957.63 Million |
| Korea Shipbuilding & Offshore Engineering Co Ltd (009540) | $17.79 Trillion | 3.07% | 1.75x | $22.12 Billion |
| Samsung Heavy Industries (010140) | $5.85 Trillion | 10.81% | 1.98x | $18.72 Billion |
| Firstec (010820) | $70.90 Billion | 6.87% | 1.34x | $444.58 Million |
| Hanwha Ocean Co., Ltd (042660) | $2.99 Trillion | 20.78% | 2.83x | $27.37 Billion |
| Korea Aerospace Industries (047810) | $961.56 Billion | 9.37% | 1.06x | $11.16 Billion |
| LIG Nex1 Co Ltd (079550) | $1.05 Trillion | 16.63% | 2.63x | $13.93 Billion |
| Hanwha Systems Co Ltd (272210) | $820.97 Billion | 5.02% | 1.32x | $14.86 Billion |
| Hyundai Heavy Industries Co Ltd (329180) | $5.62 Trillion | -1.58% | 1.47x | $48.72 Billion |
About Hanwha Aerospace Co Ltd
Hanwha Aerospace Co., Ltd. engages in the development, production, and maintenance of aircraft engines worldwide. The company offers Korea space launch vehicle; satellite services, such as earth observation and satellite communication; fixed and rotary wing engines, guided missile engines, electric propulsion systems, aircraft and missile components, and aircraft engine modules and parts; and art… Read more