Hitron Systems

KO:019490 Korea Security & Protection Services
Market Cap
$28.24 Million
₩41.34 Billion KRW
Market Cap Rank
#29737 Global
#2002 in Korea
Share Price
₩541.00
Change (1 day)
+0.00%
52-Week Range
₩541.00 - ₩1007.00
All Time High
₩3265.00
Categories
Companies in Korea Security & Protection Services
About

Exicure Hitron Inc. manufactures and sells security devices in Korea and internationally. The company offers network cameras, such as box/housing, indoor dome, VP dome, bullet, PTZ, corrosion proof, and specialty cameras; and network video recorders, such as NVR and virtual matrix. It also provides analog cameras comprising AHD, TVI, box/housing, dome, bullet, PTZ, AF, and specialty cameras. In a… Read more

Hitron Systems (019490) - Net Assets

Latest net assets as of September 2025: ₩17.65 Billion KRW

Based on the latest financial reports, Hitron Systems (019490) has net assets worth ₩17.65 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 (₩44.03 Billion) and total liabilities (₩26.38 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 ₩17.65 Billion
% of Total Assets 40.09%
Annual Growth Rate -3.05%
5-Year Change 136.0%
10-Year Change -12.38%
Growth Volatility 94.08

Hitron Systems - Net Assets Trend (2007–2024)

This chart illustrates how Hitron Systems's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hitron Systems (2007–2024)

The table below shows the annual net assets of Hitron Systems from 2007 to 2024.

Year Net Assets Change
2024-12-31 ₩33.89 Billion +379.33%
2023-12-31 ₩7.07 Billion -45.54%
2022-12-31 ₩12.98 Billion -37.34%
2021-12-31 ₩20.72 Billion +44.27%
2020-12-31 ₩14.36 Billion -16.02%
2019-12-31 ₩17.10 Billion -50.21%
2018-12-31 ₩34.34 Billion +5.07%
2017-12-31 ₩32.68 Billion -26.04%
2016-12-31 ₩44.18 Billion +14.24%
2015-12-31 ₩38.68 Billion -11.93%
2014-12-31 ₩43.91 Billion -12.56%
2013-12-31 ₩50.22 Billion -12.68%
2012-12-31 ₩57.51 Billion +0.06%
2011-12-31 ₩57.48 Billion -1.49%
2010-12-31 ₩58.35 Billion -5.53%
2009-12-31 ₩61.76 Billion -2.45%
2008-12-31 ₩63.31 Billion +10.40%
2007-12-31 ₩57.35 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hitron Systems'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 decreased by 501.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components ₩125.62 Billion 475.33%
Total Equity ₩26.43 Billion 100.00%

Hitron Systems Competitors by Market Cap

The table below lists competitors of Hitron Systems ranked by their market capitalization.

Company Market Cap
Adval Tech Holding AG
SW:ADVN
 		$7.53 Million
Birlik Mensucat Ticaret ve Sanayi Isletmesi AS
IS:BRMEN
 		$7.54 Million
Euroholdings Ltd.
NASDAQ:EHLD
 		$7.54 Million
The Union Mosaic Industry Public Company Limited
BK:UMI
 		$7.54 Million
Newlox Gold Ventures Corp
PINK:NWLXF
 		$7.53 Million
TOP Ships Inc.
NASDAQ:TOPS
 		$7.53 Million
Sintercom India Limited
NSE:SINTERCOM
 		$7.53 Million
ARGO BLOCKCHAIN LS -001
F:0XP
 		$7.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hitron Systems's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,069,504,900 to 26,427,698,370, a change of 19,358,193,470 (273.8%).
  • Net loss of 59,315,409,810 reduced equity.
  • New share issuances of 10,499,998,700 increased equity.
  • Other factors increased equity by 68,173,604,580.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-59.32 Billion -224.44%
Share Issuances ₩10.50 Billion +39.73%
Other Changes ₩68.17 Billion +257.96%
Total Change ₩- 273.83%

Book Value vs Market Value Analysis

This analysis compares Hitron Systems'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: 1.40x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.04x to 1.40x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 ₩12085.40 ₩541.00 x
2008-12-31 ₩13432.30 ₩541.00 x
2009-12-31 ₩13702.16 ₩541.00 x
2010-12-31 ₩12988.33 ₩541.00 x
2011-12-31 ₩12781.61 ₩541.00 x
2012-12-31 ₩12775.82 ₩541.00 x
2013-12-31 ₩11280.56 ₩541.00 x
2014-12-31 ₩9976.60 ₩541.00 x
2015-12-31 ₩8786.50 ₩541.00 x
2016-12-31 ₩9586.12 ₩541.00 x
2017-12-31 ₩6962.42 ₩541.00 x
2018-12-31 ₩7160.40 ₩541.00 x
2019-12-31 ₩3455.29 ₩541.00 x
2020-12-31 ₩2398.84 ₩541.00 x
2021-12-31 ₩2158.15 ₩541.00 x
2022-12-31 ₩1352.56 ₩541.00 x
2023-12-31 ₩256.17 ₩541.00 x
2024-12-31 ₩385.14 ₩541.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hitron Systems 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): -224.44%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -901.43%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 3.01x
  • Recent ROE (-224.44%) is below the historical average (-43.56%), 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 0.46% 0.18% 1.40x 1.85x ₩-5.47 Billion
2008 9.57% 3.76% 1.41x 1.80x ₩-269.75 Million
2009 -0.79% -0.39% 1.28x 1.59x ₩-6.66 Billion
2010 -6.32% -2.91% 1.33x 1.63x ₩-9.52 Billion
2011 -1.80% -0.84% 1.31x 1.64x ₩-6.78 Billion
2012 0.41% 0.20% 1.33x 1.52x ₩-5.52 Billion
2013 -12.73% -6.60% 1.32x 1.46x ₩-11.42 Billion
2014 -14.16% -8.61% 1.17x 1.41x ₩-10.61 Billion
2015 -15.09% -10.70% 0.99x 1.42x ₩-9.70 Billion
2016 6.82% 7.32% 0.64x 1.45x ₩-1.41 Billion
2017 -34.79% -30.26% 0.65x 1.77x ₩-14.64 Billion
2018 2.09% 1.76% 0.64x 1.87x ₩-2.72 Billion
2019 -110.81% -54.61% 0.62x 3.25x ₩-20.66 Billion
2020 -154.47% -81.33% 0.44x 4.27x ₩-23.62 Billion
2021 -56.92% -42.92% 0.58x 2.29x ₩-13.86 Billion
2022 -71.54% -86.26% 0.64x 1.30x ₩-10.58 Billion
2023 -99.55% -127.85% 0.20x 3.90x ₩-7.74 Billion
2024 -224.44% -901.43% 0.08x 3.01x ₩-61.96 Billion

Industry Comparison

This section compares Hitron Systems's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

  • Industry: Security & Protection Services
  • Average net assets among peers: $430,193,544,598
  • Average return on equity (ROE) among peers: 1.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hitron Systems (019490) ₩17.65 Billion 0.46% 1.49x $7.53 Million
Mirae ING Co Ltd (007120) $49.24 Billion -4.75% 0.06x $15.32 Million
S-1 Corp (012750) $1.44 Trillion 8.94% 0.37x $1.19 Billion
SOOSAN INT Co. Ltd (050960) $84.54 Billion 6.59% 0.16x $15.67 Million
IGLOO SECURITY Inc (067920) $33.90 Billion -11.27% 0.31x $23.12 Million
Suprema Inc (236200) $145.86 Billion 6.46% 0.05x $154.16 Million
HANWHA IND SOL LTD (489790) $824.73 Billion 1.28% 0.93x $1.90 Billion