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. Check how strategically is Hitron Systems's equity deployed to assess the company's strategic physical and investment asset allocation.
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 | 92.71 |
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. For live market cap and overall valuation, see Hitron Systems (019490) total market value.
Annual Net Assets for Hitron Systems (2007–2025)
The table below shows the annual net assets of Hitron Systems from 2007 to 2025. Also explore 019490 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩15.72 Billion ≈ $10.65 Million |
-53.61% |
| 2024-12-31 | ₩33.89 Billion ≈ $22.96 Million |
+379.33% |
| 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 |
-- |
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 675.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩38.22 Billion | 308.94% |
| Other Comprehensive Income | ₩58.93 Billion | 476.42% |
| Other Components | ₩57.56 Billion | 465.33% |
| 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 |
|---|---|
|
Bellway PLC
LSE:BWY
|
$28.04 Million |
|
Chembond Chemicals Ltd
NSE:CHEMBOND
|
$28.04 Million |
|
Hotel Royal Chihpen
TWO:5704
|
$28.04 Million |
|
Wijaya Karya Bangunan Gedung Tbk PT
JK:WEGE
|
$28.04 Million |
|
NextCure Inc
NASDAQ:NXTC
|
$28.01 Million |
|
Nova Wellness Group Bhd
KLSE:0201
|
$28.01 Million |
|
Cohen & Company Inc
NYSE MKT:COHN
|
$28.00 Million |
|
Hartshead Resources NL
AU:HHR
|
$27.97 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 26,427,698,000 to 12,370,116,000, a change of -14,057,582,000 (-53.2%).
- Net loss of 28,102,850,000 reduced equity.
- Other comprehensive income increased equity by 78,661,004,000.
- Other factors decreased equity by 64,615,736,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-28.10 Billion | -227.18% |
| Other Comprehensive Income | ₩78.66 Billion | +635.9% |
| Other Changes | ₩-64.62 Billion | -522.35% |
| 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: 3.33x
- 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 3.33x 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 | ₩12768.62 | ₩541.00 | x |
| 2013-12-31 | ₩11276.73 | ₩541.00 | x |
| 2014-12-31 | ₩9973.85 | ₩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 | ₩2398.58 | ₩541.00 | x |
| 2021-12-31 | ₩2158.55 | ₩541.00 | x |
| 2022-12-31 | ₩1352.56 | ₩541.00 | x |
| 2023-12-31 | ₩256.17 | ₩541.00 | x |
| 2024-12-31 | ₩906.58 | ₩541.00 | x |
| 2025-12-31 | ₩162.36 | ₩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 (-54.21%), 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 | -116.59% | -57.45% | 0.62x | 3.25x | ₩-21.64 Billion |
| 2020 | -161.85% | -85.21% | 0.44x | 4.27x | ₩-24.67 Billion |
| 2021 | -62.56% | -47.17% | 0.58x | 2.29x | ₩-15.03 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 |
| 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: $121,044,900,107
- Average return on equity (ROE) among peers: 6.84%
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) | $49.24 Billion | -4.75% | 0.06x | $19.33 Million |
| S-1 Corp (012750) | $409.91 Billion | 20.06% | 0.48x | $1.90 Billion |
| Korea Electronic Certification Authority Inc (041460) | $53.77 Billion | 4.42% | 0.36x | $43.10 Million |
| SOOSAN INT Co. Ltd (050960) | $79.68 Billion | 2.22% | 0.21x | $39.71 Million |
| IGLOO SECURITY Inc (067920) | $36.47 Billion | 9.72% | 0.20x | $41.93 Million |
| Suprema Inc (236200) | $97.20 Billion | 9.35% | 0.06x | $242.20 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