Hankuk Carbon (017960) - Net Assets

Latest as of March 2026: ₩580.59 Billion KRW ≈ $393.46 Million USD

Based on the latest financial reports, Hankuk Carbon (017960) has net assets worth ₩580.59 Billion KRW (≈ $393.46 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.09 Trillion ≈ $738.91 Million USD) and total liabilities (₩509.74 Billion ≈ $345.45 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. Also explore Hankuk Carbon total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩580.59 Billion
% of Total Assets	53.25%
Annual Growth Rate	8.48%
5-Year Change	49.14%
10-Year Change	83.57%
Growth Volatility	8.9

Hankuk Carbon - Net Assets Trend (2011–2025)

This chart illustrates how Hankuk Carbon's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Hankuk Carbon to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Hankuk Carbon (2011–2025)

The table below shows the annual net assets of Hankuk Carbon from 2011 to 2025. For live valuation and market cap data, see how much is Hankuk Carbon worth.

Year	Net Assets	Change
2025-12-31	₩580.17 Billion ≈ $393.17 Million	+22.32%
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 45411935183000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩454.12 Billion	78.27%
Other Components	₩126.05 Billion	21.73%
Total Equity	₩580.17 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
Great Southern Bancorp Inc NASDAQ:GSBC	$728.75 Million
Guangdong Vanward New Electric Co Ltd SHE:002543	$729.04 Million
Nuh Cimento Sanayi AS IS:NUHCM	$729.06 Million
MCCORMICK+CO.INC. DL-01 F:MCX0	$729.26 Million
Thermador Groupe SA PA:THEP	$728.15 Million
Nanjing Kangni Mechanical & Electrical Co Ltd SHG:603111	$727.84 Million
BENZ Mining Corp AU:BNZ	$727.81 Million
Shenzhen Chengtian Weiye Technology Co Ltd SHE:300689	$727.55 Million

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 2024 to 2025, total equity changed from 474,286,350,790 to 580,170,310,430, a change of 105,883,959,640 (22.3%).
Net income of 101,743,537,470 contributed positively to equity growth.
Dividend payments of 6,398,306,980 reduced retained earnings.
Other factors increased equity by 10,538,729,150.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩101.74 Billion	+17.54%
Dividends Paid	₩6.40 Billion	-1.1%
Other Changes	₩10.54 Billion	+1.82%
Total Change	₩-	22.32%

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: 1.85x
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 2.82x to 1.85x 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	₩21350.00	x
2018-12-31	₩7403.36	₩21350.00	x
2019-12-31	₩7623.16	₩21350.00	x
2020-12-31	₩8844.99	₩21350.00	x
2021-12-31	₩9041.84	₩21350.00	x
2022-12-31	₩9394.41	₩21350.00	x
2023-12-31	₩8993.30	₩21350.00	x
2024-12-31	₩9636.49	₩21350.00	x
2025-12-31	₩11518.69	₩21350.00	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): 17.54%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.20%
• Asset Turnover: 0.87x
• Equity Multiplier: 1.80x
Recent ROE (17.54%) is above the historical average (5.33%), indicating improving 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
2025	17.54%	11.20%	0.87x	1.80x	₩43.73 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: $1,031,089,613,672
Average return on equity (ROE) among peers: 10.24%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hankuk Carbon (017960)	₩580.59 Billion	3.24%	0.88x	$728.75 Million
Rifa Ind (000760)	$172.89 Billion	5.54%	0.32x	$26.00 Million
Kumyang (001570)	$41.52 Billion	1.96%	1.56x	$428.33 Million
Sh E & Chemical Co. Ltd. (002360)	$104.09 Billion	17.21%	0.20x	$14.52 Million
KCC Corporation (002380)	$5.38 Trillion	-0.85%	1.40x	$1.93 Billion
Miwon Commerci (002840)	$377.97 Billion	16.14%	0.18x	$382.18 Million
Taekwang Ind (003240)	$1.84 Trillion	18.66%	0.39x	$488.80 Million
Lotte Fine Chemical Co Ltd (004000)	$1.16 Trillion	8.07%	0.45x	$770.69 Million
Dongjin Semichem Co. Ltd (005290)	$302.09 Billion	15.79%	1.52x	$1.36 Billion
Isu Chemical Co Ltd (005950)	$381.26 Billion	-1.93%	1.80x	$215.55 Million
Korea Petro Chemical Ind (006650)	$555.28 Billion	21.76%	0.70x	$357.86 Million

About Hankuk Carbon

KO:017960 Korea Chemicals

Market Cap

$728.75 Million

₩1.08 Trillion KRW

Market Cap Rank

#10170 Global

#256 in Korea

Share Price

₩21350.00

Change (1 day)

+7.88%

52-Week Range

₩19300.00 - ₩52200.00

All Time High

₩52200.00