Hitron Systems (019490) - Net Assets

Latest as of September 2025: ₩17.65 Billion KRW ≈ $11.96 Million USD

Based on the latest financial reports, Hitron Systems (019490) has net assets worth ₩17.65 Billion KRW (≈ $11.96 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 (₩44.03 Billion ≈ $29.84 Million USD) and total liabilities (₩26.38 Billion ≈ $17.87 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 financial resilience of Hitron Systems to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Hitron Systems for the complete picture of this company's asset base.

Annual Net Assets for Hitron Systems (2007–2024)

The table below shows the annual net assets of Hitron Systems from 2007 to 2024. For live valuation and market cap data, see Hitron Systems (019490) market capitalisation.

Year	Net Assets	Change
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 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
Fathom Holdings Inc NASDAQ:FTHM	$28.02 Million
Evaxion Biotech AS NASDAQ:EVAX	$28.02 Million
Senetas Corporation Ltd AU:SEN	$28.03 Million
Imugene Ltd AU:IMU	$28.04 Million
Nova Wellness Group Bhd KLSE:0201	$28.01 Million
MegaMD Co. Ltd KQ:133750	$28.00 Million
Tien Wah Press Holdings Bhd KLSE:7374	$27.98 Million
Malmbergs Elektriska AB (publ) ST:MEAB-B	$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 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: $153,671,957,375
Average return on equity (ROE) among peers: 13.59%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hitron Systems (019490)	₩17.65 Billion	0.46%	1.49x	$28.02 Million
Mirae ING Co Ltd (007120)	$69.59 Billion	20.15%	0.04x	$35.85 Million
S-1 Corp (012750)	$571.76 Billion	20.09%	0.37x	$1.97 Billion
Korea Electronic Certification Authority Inc (041460)	$25.89 Billion	11.99%	0.50x	$51.86 Million
SOOSAN INT Co. Ltd (050960)	$70.11 Billion	6.01%	0.02x	$43.65 Million
IGLOO SECURITY Inc (067920)	$48.29 Billion	4.26%	0.23x	$49.42 Million
Suprema Inc (236200)	$136.39 Billion	19.02%	0.09x	$263.44 Million

About Hitron Systems

KO:019490 Korea Security & Protection Services

Market Cap

$28.02 Million

₩41.34 Billion KRW

Market Cap Rank

#23930 Global

#1730 in Korea

Share Price

₩541.00

Change (1 day)

+0.00%

52-Week Range

₩541.00 - ₩1007.00

All Time High

₩3265.00