Hankuk Carbon (017960) - Net Assets

Latest as of September 2025: ₩540.34 Billion KRW ≈ $366.18 Million USD

Based on the latest financial reports, Hankuk Carbon (017960) has net assets worth ₩540.34 Billion KRW (≈ $366.18 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 (₩948.58 Billion ≈ $642.84 Million USD) and total liabilities (₩408.25 Billion ≈ $276.66 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 Hankuk Carbon (017960) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Hankuk Carbon asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Hankuk Carbon (2011–2024)

The table below shows the annual net assets of Hankuk Carbon from 2011 to 2024. For live valuation and market cap data, see market cap of Hankuk Carbon.

Year	Net Assets	Change
2024-12-31	₩474.29 Billion ≈ $321.42 Million	+4.32%
2023-12-31	₩454.65 Billion ≈ $308.11 Million	+12.49%
2022-12-31	₩404.17 Billion ≈ $273.90 Million	+3.90%
2021-12-31	₩389.00 Billion ≈ $263.62 Million	+2.23%
2020-12-31	₩380.53 Billion ≈ $257.88 Million	+21.68%
2019-12-31	₩312.72 Billion ≈ $211.92 Million	+2.97%
2018-12-31	₩303.70 Billion ≈ $205.81 Million	-2.13%
2017-12-31	₩310.32 Billion ≈ $210.30 Million	-1.81%
2016-12-31	₩316.04 Billion ≈ $214.18 Million	+12.12%
2015-12-31	₩281.89 Billion ≈ $191.03 Million	-0.12%
2014-12-31	₩282.24 Billion ≈ $191.27 Million	+20.62%
2013-12-31	₩234.00 Billion ≈ $158.58 Million	+4.39%
2012-12-31	₩224.16 Billion ≈ $151.91 Million	+20.81%
2011-12-31	₩185.55 Billion ≈ $125.75 Million	--

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
Sonic Automotive Inc NYSE:SAH	$1.69 Billion
Shanghai Qiangsheng Holding Co Ltd SHG:600662	$1.69 Billion
Farglory Land Development Co Ltd TW:5522	$1.69 Billion
Louis HachEtte Group SA PA:ALHG	$1.69 Billion
BIEM.L .FDLKK Garment Co Ltd SHE:002832	$1.69 Billion
Fibra Terrafina MX:TERRA13	$1.69 Billion
Lufax Holding Ltd NYSE:LU	$1.69 Billion
Suofeiya Home Collection Co Ltd SHE:002572	$1.69 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: 5.14x
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 6.55x to 5.14x 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	₩49550.00	x
2018-12-31	₩7403.36	₩49550.00	x
2019-12-31	₩7623.16	₩49550.00	x
2020-12-31	₩8844.99	₩49550.00	x
2021-12-31	₩9041.84	₩49550.00	x
2022-12-31	₩9394.41	₩49550.00	x
2023-12-31	₩8993.30	₩49550.00	x
2024-12-31	₩9636.49	₩49550.00	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: $1,249,276,842,952
Average return on equity (ROE) among peers: 3.65%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hankuk Carbon (017960)	₩540.34 Billion	3.24%	0.76x	$1.69 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 Hankuk Carbon

KO:017960 Korea Chemicals

Market Cap

$1.69 Billion

₩2.50 Trillion KRW

Market Cap Rank

#6885 Global

#190 in Korea

Share Price

₩49550.00

Change (1 day)

-1.69%

52-Week Range

₩19800.00 - ₩52200.00

All Time High

₩52200.00