Hansol Chemica (014680) - Net Assets
Based on the latest financial reports, Hansol Chemica (014680) has net assets worth ₩1.16 Trillion KRW (≈ $786.49 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 (₩1.57 Trillion ≈ $1.06 Billion USD) and total liabilities (₩405.53 Billion ≈ $274.82 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 Hansol Chemica's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.16 Trillion |
| % of Total Assets | 74.11% |
| Annual Growth Rate | 9.59% |
| 5-Year Change | 72.18% |
| 10-Year Change | 334.19% |
| Growth Volatility | 12.3 |
Hansol Chemica - Net Assets Trend (2001–2024)
This chart illustrates how Hansol Chemica's net assets have evolved over time, based on quarterly financial data. Also explore Hansol Chemica balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Hansol Chemica (2001–2024)
The table below shows the annual net assets of Hansol Chemica from 2001 to 2024. For live valuation and market cap data, see 014680 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.07 Trillion ≈ $726.10 Million |
+13.80% |
| 2023-12-31 | ₩941.49 Billion ≈ $638.03 Million |
+10.44% |
| 2022-12-31 | ₩852.50 Billion ≈ $577.72 Million |
+11.02% |
| 2021-12-31 | ₩767.87 Billion ≈ $520.37 Million |
+23.40% |
| 2020-12-31 | ₩622.27 Billion ≈ $421.70 Million |
+19.54% |
| 2019-12-31 | ₩520.55 Billion ≈ $352.77 Million |
+16.39% |
| 2018-12-31 | ₩447.24 Billion ≈ $303.09 Million |
+14.42% |
| 2017-12-31 | ₩390.86 Billion ≈ $264.88 Million |
+14.58% |
| 2016-12-31 | ₩341.12 Billion ≈ $231.18 Million |
+38.24% |
| 2015-12-31 | ₩246.77 Billion ≈ $167.23 Million |
+15.72% |
| 2014-12-31 | ₩213.24 Billion ≈ $144.51 Million |
+7.44% |
| 2013-12-31 | ₩198.48 Billion ≈ $134.51 Million |
+9.30% |
| 2012-12-31 | ₩181.60 Billion ≈ $123.06 Million |
+19.27% |
| 2011-12-31 | ₩152.25 Billion ≈ $103.18 Million |
+5.93% |
| 2010-12-31 | ₩143.73 Billion ≈ $97.41 Million |
+25.09% |
| 2009-12-31 | ₩114.90 Billion ≈ $77.87 Million |
+5.63% |
| 2008-12-31 | ₩108.78 Billion ≈ $73.72 Million |
-10.49% |
| 2007-12-31 | ₩121.53 Billion ≈ $82.36 Million |
+17.86% |
| 2002-12-31 | ₩103.12 Billion ≈ $69.88 Million |
-20.91% |
| 2001-12-31 | ₩130.38 Billion ≈ $88.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hansol Chemica'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 90874883898000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩908.75 Billion | 93.27% |
| Other Components | ₩65.57 Billion | 6.73% |
| Total Equity | ₩974.32 Billion | 100.00% |
Hansol Chemica Competitors by Market Cap
The table below lists competitors of Hansol Chemica ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bitdeer Technologies Group Class A Ordinary Shares
NASDAQ:BTDR
|
$2.10 Billion |
|
Bravida Holding AB
ST:BRAV
|
$2.10 Billion |
|
Arion banki hf
ST:ARION-SDB
|
$2.10 Billion |
|
Cadeler A/S
NYSE:CDLR
|
$2.10 Billion |
|
Emami Limited
NSE:EMAMILTD
|
$2.10 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
$2.10 Billion |
|
Qingdao Gon Technology Co Ltd
SHE:002768
|
$2.10 Billion |
|
NRW Holdings Ltd
AU:NWH
|
$2.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hansol Chemica's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 845,517,021,250 to 974,318,215,900, a change of 128,801,194,650 (15.2%).
- Net income of 122,679,144,710 contributed positively to equity growth.
- Dividend payments of 23,631,243,600 reduced retained earnings.
- Share repurchases of 30,346,419,000 reduced equity.
- Other factors increased equity by 60,099,712,540.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩122.68 Billion | +12.59% |
| Dividends Paid | ₩23.63 Billion | -2.43% |
| Share Repurchases | ₩30.35 Billion | -3.11% |
| Other Changes | ₩60.10 Billion | +6.17% |
| Total Change | ₩- | 15.23% |
Book Value vs Market Value Analysis
This analysis compares Hansol Chemica'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: 3.32x
- 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 9.85x to 3.32x 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 | ₩28925.50 | ₩285000.00 | x |
| 2018-12-31 | ₩34250.99 | ₩285000.00 | x |
| 2019-12-31 | ₩40453.89 | ₩285000.00 | x |
| 2020-12-31 | ₩49890.48 | ₩285000.00 | x |
| 2021-12-31 | ₩61935.65 | ₩285000.00 | x |
| 2022-12-31 | ₩70183.84 | ₩285000.00 | x |
| 2023-12-31 | ₩77725.00 | ₩285000.00 | x |
| 2024-12-31 | ₩85955.13 | ₩285000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hansol Chemica 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): 12.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.80%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.50x
- Recent ROE (12.59%) is below the historical average (14.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 4.39% | 3.19% | 0.83x | 1.65x | ₩-6.76 Billion |
| 2008 | 2.93% | 1.60% | 1.06x | 1.74x | ₩-7.62 Billion |
| 2009 | 14.76% | 8.35% | 0.98x | 1.80x | ₩5.47 Billion |
| 2010 | 10.68% | 6.42% | 0.92x | 1.80x | ₩983.93 Million |
| 2011 | 12.25% | 6.28% | 0.92x | 2.11x | ₩3.43 Billion |
| 2012 | 19.90% | 11.32% | 0.89x | 1.98x | ₩17.96 Billion |
| 2013 | 10.24% | 6.40% | 0.74x | 2.16x | ₩477.66 Million |
| 2014 | 10.06% | 6.37% | 0.71x | 2.23x | ₩129.42 Million |
| 2015 | 14.11% | 9.28% | 0.71x | 2.15x | ₩9.94 Billion |
| 2016 | 19.77% | 12.12% | 0.66x | 2.48x | ₩27.59 Billion |
| 2017 | 16.92% | 10.40% | 0.72x | 2.26x | ₩22.19 Billion |
| 2018 | 18.55% | 12.11% | 0.74x | 2.08x | ₩32.48 Billion |
| 2019 | 19.28% | 14.72% | 0.63x | 2.09x | ₩41.61 Billion |
| 2020 | 22.18% | 19.82% | 0.62x | 1.81x | ₩67.39 Billion |
| 2021 | 21.52% | 19.30% | 0.64x | 1.74x | ₩79.41 Billion |
| 2022 | 20.32% | 17.52% | 0.71x | 1.64x | ₩78.78 Billion |
| 2023 | 12.46% | 13.65% | 0.57x | 1.60x | ₩20.79 Billion |
| 2024 | 12.59% | 15.80% | 0.53x | 1.50x | ₩25.25 Billion |
Industry Comparison
This section compares Hansol Chemica's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,249,276,842,952
- Average return on equity (ROE) among peers: 3.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hansol Chemica (014680) | ₩1.16 Trillion | 4.39% | 0.35x | $2.10 Billion |
| Rifa Ind (000760) | $184.79 Billion | -1.16% | 0.52x | $29.96 Million |
| Kumyang (001570) | $21.43 Billion | 0.12% | 1.54x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $64.16 Billion | 3.67% | 0.88x | $26.35 Million |
| KCC Corporation (002380) | $5.38 Trillion | -0.85% | 1.40x | $2.77 Billion |
| Miwon Commerci (002840) | $400.46 Billion | 12.62% | 0.20x | $473.99 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $570.36 Million |
| Lotte Fine Chemical Co Ltd (004000) | $1.19 Trillion | 7.48% | 0.38x | $1.20 Billion |
| Dongjin Semichem Co. Ltd (005290) | $553.45 Billion | 18.66% | 1.14x | $1.97 Billion |
| Isu Chemical Co Ltd (005950) | $373.77 Billion | -15.59% | 1.93x | $193.47 Million |
| Korea Petro Chemical Ind (006650) | $842.12 Billion | 7.61% | 0.71x | $757.99 Million |
About Hansol Chemica
Hansol Chemical Co., Ltd., together with its subsidiaries, manufactures and sells various chemicals primarily in South Korea. The company offers a range of fine chemicals, including hydrogen peroxide, sodium hydrosulfite, benzoyl peroxide, HITEX SB latex, HANBL NB latex, HanSphere, flocculant, organic coagulant, retention agent, and fixing agents, as well as semiconductors comprising high-k, sili… Read more