Hitron Systems (019490) - Net Assets
Based on the latest financial reports, Hitron Systems (019490) has net assets worth ₩12.70 Billion KRW (≈ $8.61 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 (₩40.31 Billion ≈ $27.32 Million USD) and total liabilities (₩27.61 Billion ≈ $18.71 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 Hitron Systems balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩12.70 Billion |
| % of Total Assets | 31.51% |
| Annual Growth Rate | -6.94% |
| 5-Year Change | -24.12% |
| 10-Year Change | -64.42% |
| Growth Volatility | 95.57 |
Hitron Systems - Net Assets Trend (2007–2025)
This chart illustrates how Hitron Systems's net assets have evolved over time, based on quarterly financial data. Check how tangible is Hitron Systems's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hitron Systems (2007–2025)
The table below shows the annual net assets of Hitron Systems from 2007 to 2025. For live valuation and market cap data, see Hitron Systems (019490) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩15.72 Billion ≈ $10.65 Million |
-54.81% |
| 2024-12-31 | ₩34.78 Billion ≈ $23.57 Million |
+392.03% |
| 2023-12-31 | ₩7.07 Billion ≈ $4.79 Million |
-45.54% |
| 2022-12-31 | ₩12.98 Billion ≈ $8.80 Million |
-37.34% |
| 2021-12-31 | ₩20.72 Billion ≈ $14.04 Million |
+44.27% |
| 2020-12-31 | ₩14.36 Billion ≈ $9.73 Million |
-16.02% |
| 2019-12-31 | ₩17.10 Billion ≈ $11.59 Million |
-50.21% |
| 2018-12-31 | ₩34.34 Billion ≈ $23.27 Million |
+5.07% |
| 2017-12-31 | ₩32.68 Billion ≈ $22.15 Million |
-26.04% |
| 2016-12-31 | ₩44.18 Billion ≈ $29.94 Million |
+14.24% |
| 2015-12-31 | ₩38.68 Billion ≈ $26.21 Million |
-11.93% |
| 2014-12-31 | ₩43.91 Billion ≈ $29.76 Million |
-12.56% |
| 2013-12-31 | ₩50.22 Billion ≈ $34.03 Million |
-12.68% |
| 2012-12-31 | ₩57.51 Billion ≈ $38.98 Million |
+0.06% |
| 2011-12-31 | ₩57.48 Billion ≈ $38.95 Million |
-1.49% |
| 2010-12-31 | ₩58.35 Billion ≈ $39.54 Million |
-5.53% |
| 2009-12-31 | ₩61.76 Billion ≈ $41.86 Million |
-2.45% |
| 2008-12-31 | ₩63.31 Billion ≈ $42.91 Million |
+10.40% |
| 2007-12-31 | ₩57.35 Billion ≈ $38.87 Million |
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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 614.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩139.66 Billion | 1129.05% |
| Total Equity | ₩12.37 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 |
|---|---|
|
Old Market Capital Corporation
NASDAQ:OMCC
|
$28.03 Million |
|
Wijaya Karya Bangunan Gedung Tbk PT
JK:WEGE
|
$28.04 Million |
|
DK&D Co.Ltd
KQ:263020
|
$28.06 Million |
|
Atec T& Co. Ltd
KQ:224110
|
$28.09 Million |
|
Shinwha Intertek Corp
KQ:056700
|
$28.02 Million |
|
Ajinextek Co. Ltd
KQ:059120
|
$28.00 Million |
|
Cohen & Company Inc
NYSE MKT:COHN
|
$28.00 Million |
|
Starteck Finance Limited
NSE:STARTECK
|
$27.99 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 2024 to 2025, total equity changed from 26,427,720,190 to 12,370,116,350, a change of -14,057,603,840 (-53.2%).
- Net loss of 28,102,849,900 reduced equity.
- Other factors increased equity by 14,045,246,060.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-28.10 Billion | -227.18% |
| Other Changes | ₩14.05 Billion | +113.54% |
| Total Change | ₩- | -53.19% |
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: 3.34x
- 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 increased from 0.04x to 3.34x 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 |
| 2025-12-31 | ₩161.87 | ₩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): -227.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -530.25%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 3.42x
- Recent ROE (-227.18%) is below the historical average (-53.22%), 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 | 3.04x | ₩-61.96 Billion |
| 2025 | -227.18% | -530.25% | 0.13x | 3.42x | ₩-29.34 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: $165,581,323,553
- Average return on equity (ROE) among peers: -0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hitron Systems (019490) | ₩12.70 Billion | 0.46% | 2.17x | $28.02 Million |
| Mirae ING Co Ltd (007120) | $37.82 Billion | -49.40% | 0.29x | $22.03 Million |
| S-1 Corp (012750) | $656.06 Billion | 17.01% | 0.33x | $1.65 Billion |
| Korea Electronic Certification Authority Inc (041460) | $53.77 Billion | 4.42% | 0.36x | $40.37 Million |
| SOOSAN INT Co. Ltd (050960) | $87.36 Billion | 5.07% | 0.05x | $37.52 Million |
| IGLOO SECURITY Inc (067920) | $49.85 Billion | 9.82% | 0.22x | $35.67 Million |
| Suprema Inc (236200) | $108.62 Billion | 10.48% | 0.07x | $246.92 Million |
About Hitron Systems
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