Hankuk Carbon
Hankuk Carbon Co., Ltd. produces and sells carbon fiber, synthetic resin, and glass paper related products in South Korea. The company offers carbon, glass, hybrid, unidirectional prepreg fabric (UPF), and continuous strand mat (CSM) fabrics to serve aerospace, railway, automobile, and sports and leisure industries; prepreg, a semi-cured composite material that impregnates resin into reinforcing … Read more
Hankuk Carbon (017960) - Net Assets
Latest net assets as of September 2025: ₩540.34 Billion KRW
Based on the latest financial reports, Hankuk Carbon (017960) has net assets worth ₩540.34 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 (₩948.58 Billion) and total liabilities (₩408.25 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 | ₩540.34 Billion |
| % of Total Assets | 56.96% |
| Annual Growth Rate | 7.48% |
| 5-Year Change | 24.64% |
| 10-Year Change | 68.25% |
| Growth Volatility | 8.39 |
Hankuk Carbon - Net Assets Trend (2011–2024)
This chart illustrates how Hankuk Carbon's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hankuk Carbon (2011–2024)
The table below shows the annual net assets of Hankuk Carbon from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩474.29 Billion | +4.32% |
| 2023-12-31 | ₩454.65 Billion | +12.49% |
| 2022-12-31 | ₩404.17 Billion | +3.90% |
| 2021-12-31 | ₩389.00 Billion | +2.23% |
| 2020-12-31 | ₩380.53 Billion | +21.68% |
| 2019-12-31 | ₩312.72 Billion | +2.97% |
| 2018-12-31 | ₩303.70 Billion | -2.13% |
| 2017-12-31 | ₩310.32 Billion | -1.81% |
| 2016-12-31 | ₩316.04 Billion | +12.12% |
| 2015-12-31 | ₩281.89 Billion | -0.12% |
| 2014-12-31 | ₩282.24 Billion | +20.62% |
| 2013-12-31 | ₩234.00 Billion | +4.39% |
| 2012-12-31 | ₩224.16 Billion | +20.81% |
| 2011-12-31 | ₩185.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hankuk Carbon'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 29486082955000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩294.86 Billion | 62.17% |
| Other Components | ₩179.43 Billion | 37.83% |
| Total Equity | ₩474.29 Billion | 100.00% |
Hankuk Carbon Competitors by Market Cap
The table below lists competitors of Hankuk Carbon ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THAI LIFE.INS.-NVDR- BA 1
F:DQ20
|
$1.08 Billion |
|
Enact Holdings Inc
NASDAQ:ACT
|
$1.08 Billion |
|
Tellhow Sci-Tech Co Ltd
SHG:600590
|
$1.08 Billion |
|
Beijing Yuanliu Hongyuan Electronic Technology Co Ltd
SHG:603267
|
$1.08 Billion |
|
Ujjivan Small Finance Bank Limited
NSE:UJJIVANSFB
|
$1.08 Billion |
|
Anhui Honglu Steel Construction Group Co Ltd
SHE:002541
|
$1.08 Billion |
|
SFL Corporation Ltd
NYSE:SFL
|
$1.08 Billion |
|
Lotus Health Group Co
SHG:600186
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hankuk Carbon's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 454,654,105,510 to 474,286,350,790, a change of 19,632,245,280 (4.3%).
- Net income of 20,321,351,760 contributed positively to equity growth.
- Dividend payments of 5,413,952,060 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.32 Billion | +4.28% |
| Dividends Paid | ₩5.41 Billion | -1.14% |
| Other Changes | ₩4.72 Billion | +1.0% |
| Total Change | ₩- | 4.32% |
Book Value vs Market Value Analysis
This analysis compares Hankuk Carbon'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: 5.05x
- 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 6.43x to 5.05x 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 | ₩7564.74 | ₩48650.00 | x |
| 2018-12-31 | ₩7403.36 | ₩48650.00 | x |
| 2019-12-31 | ₩7623.16 | ₩48650.00 | x |
| 2020-12-31 | ₩8844.99 | ₩48650.00 | x |
| 2021-12-31 | ₩9041.84 | ₩48650.00 | x |
| 2022-12-31 | ₩9394.41 | ₩48650.00 | x |
| 2023-12-31 | ₩8993.30 | ₩48650.00 | x |
| 2024-12-31 | ₩9636.49 | ₩48650.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hankuk Carbon 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): 4.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.74%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.85x
- Recent ROE (4.28%) is below the historical average (4.46%), 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 | 3.24% | 4.58% | 0.47x | 1.49x | ₩-12.54 Billion |
| 2012 | 2.52% | 3.46% | 0.56x | 1.30x | ₩-16.76 Billion |
| 2013 | 6.34% | 6.16% | 0.81x | 1.27x | ₩-8.58 Billion |
| 2014 | 6.99% | 8.54% | 0.67x | 1.22x | ₩-8.49 Billion |
| 2015 | 8.05% | 9.36% | 0.70x | 1.23x | ₩-5.50 Billion |
| 2016 | 5.21% | 6.39% | 0.66x | 1.23x | ₩-15.13 Billion |
| 2017 | 0.24% | 0.31% | 0.65x | 1.18x | ₩-30.29 Billion |
| 2018 | -0.98% | -1.31% | 0.63x | 1.19x | ₩-33.35 Billion |
| 2019 | 5.66% | 6.47% | 0.69x | 1.27x | ₩-13.57 Billion |
| 2020 | 15.08% | 13.94% | 0.86x | 1.26x | ₩19.33 Billion |
| 2021 | 3.69% | 3.90% | 0.74x | 1.28x | ₩-24.55 Billion |
| 2022 | 5.01% | 5.49% | 0.63x | 1.45x | ₩-20.16 Billion |
| 2023 | -2.96% | -2.26% | 0.75x | 1.74x | ₩-58.91 Billion |
| 2024 | 4.28% | 2.74% | 0.84x | 1.85x | ₩-27.11 Billion |
Industry Comparison
This section compares Hankuk Carbon's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hankuk Carbon (017960) | ₩540.34 Billion | 3.24% | 0.76x | $1.08 Billion |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |