Handsome

KO:020000 Korea Apparel Manufacturing
Market Cap
$365.97 Million
₩535.85 Billion KRW
Market Cap Rank
#14759 Global
#422 in Korea
Share Price
₩24950.00
Change (1 day)
+4.39%
52-Week Range
₩14030.00 - ₩24950.00
All Time High
₩48813.77
Categories
Companies in Korea Apparel Manufacturing
About

HANDSOME Corporation manufactures and sells women's apparel in Korea, China, and Europe. The company offers luxury and casual apparels for men and women under the brand names TIME, MINE, Lanvin Collection, OBZEE, the CASHMERE, LATT, SYSTEM, SJSJ, O'2nd, SJYP, rouge & lounge, TIME Homme, SYSTEM HOMME, TOMMY HILFIGER, TOMMY JEANS, CLUB MONACO, DKNY, BALLY, LANVIN, ROCHAS, 3.1 PHILLIP LIM, MUE, TOM … Read more

Handsome (020000) - Net Assets

Latest net assets as of September 2025: ₩1.41 Trillion KRW

Based on the latest financial reports, Handsome (020000) has net assets worth ₩1.41 Trillion KRW as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.74 Trillion) and total liabilities (₩330.82 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 ₩1.41 Trillion
% of Total Assets 81.03%
Annual Growth Rate 10.91%
5-Year Change 24.87%
10-Year Change 69.13%
Growth Volatility 12.04

Handsome - Net Assets Trend (2000–2024)

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

Annual Net Assets for Handsome (2000–2024)

The table below shows the annual net assets of Handsome from 2000 to 2024.

Year Net Assets Change
2024-12-31 ₩1.41 Trillion +0.84%
2023-12-31 ₩1.39 Trillion +4.33%
2022-12-31 ₩1.34 Trillion +7.75%
2021-12-31 ₩1.24 Trillion +10.16%
2020-12-31 ₩1.13 Trillion +7.70%
2019-12-31 ₩1.05 Trillion +5.15%
2018-12-31 ₩994.32 Billion +7.44%
2017-12-31 ₩925.47 Billion +5.13%
2016-12-31 ₩880.34 Billion +5.89%
2015-12-31 ₩831.37 Billion +0.81%
2014-12-31 ₩824.67 Billion +3.69%
2013-12-31 ₩795.32 Billion +4.73%
2012-12-31 ₩759.40 Billion +7.85%
2011-12-31 ₩704.16 Billion +16.12%
2010-12-31 ₩606.39 Billion +11.83%
2009-12-31 ₩542.23 Billion +10.03%
2008-12-31 ₩492.81 Billion +3.62%
2007-12-31 ₩475.62 Billion +16.57%
2006-12-31 ₩408.03 Billion +13.88%
2005-12-31 ₩358.31 Billion +14.05%
2004-12-31 ₩314.16 Billion +16.82%
2003-12-31 ₩268.92 Billion +9.74%
2002-12-31 ₩245.05 Billion +60.67%
2001-12-31 ₩152.52 Billion +30.12%
2000-12-31 ₩117.22 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Handsome'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 130988693609000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩1.31 Trillion 93.16%
Other Components ₩96.21 Billion 6.84%
Total Equity ₩1.41 Trillion 100.00%

Handsome Competitors by Market Cap

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

Company Market Cap
Cinderson Tech (Suzhou) Co., Ltd.
SHG:603344
 		$211.12 Million
Vastned Retail Belgium
BR:VASTB
 		$211.16 Million
KSEC Intelligent Technology Co. Ltd. A
SHE:301311
 		$211.17 Million
L.B. Foster Company
F:LB1A
 		$211.18 Million
LIFENET INSURANCE CO.
F:7XJ
 		$211.12 Million
Tharisa plc
PINK:TIHRF
 		$210.97 Million
Tivoli A/S
CO:TIV
 		$210.87 Million
WPG (Shanghai) Smart Water Public Co. Ltd
SHG:603956
 		$210.86 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,396,903,781,870 to 1,406,099,400,780, a change of 9,195,618,910 (0.7%).
  • Net income of 44,642,302,550 contributed positively to equity growth.
  • Dividend payments of 16,477,012,500 reduced retained earnings.
  • Share repurchases of 9,536,493,560 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩44.64 Billion +3.17%
Dividends Paid ₩16.48 Billion -1.17%
Share Repurchases ₩9.54 Billion -0.68%
Other Changes ₩-9.43 Billion -0.67%
Total Change ₩- 0.66%

Book Value vs Market Value Analysis

This analysis compares Handsome'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: 0.38x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 0.59x to 0.38x 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 ₩42125.06 ₩24950.00 x
2018-12-31 ₩45258.76 ₩24950.00 x
2019-12-31 ₩47590.97 ₩24950.00 x
2020-12-31 ₩51075.43 ₩24950.00 x
2021-12-31 ₩56340.68 ₩24950.00 x
2022-12-31 ₩60819.21 ₩24950.00 x
2023-12-31 ₩63583.50 ₩24950.00 x
2024-12-31 ₩65470.03 ₩24950.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Handsome 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): 3.17%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.01%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 1.24x
  • Recent ROE (3.17%) is below the historical average (11.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 22.81% 13.47% 0.72x 2.37x ₩11.63 Billion
2001 24.15% 15.58% 0.74x 2.10x ₩16.66 Billion
2002 19.08% 14.52% 0.72x 1.83x ₩15.74 Billion
2003 18.49% 18.30% 0.76x 1.33x ₩22.83 Billion
2004 13.69% 16.39% 0.65x 1.29x ₩11.59 Billion
2005 14.28% 16.65% 0.68x 1.27x ₩15.34 Billion
2006 12.49% 16.02% 0.63x 1.24x ₩10.14 Billion
2007 9.78% 14.48% 0.60x 1.12x ₩-1.03 Billion
2008 12.53% 15.87% 0.62x 1.28x ₩11.03 Billion
2009 10.64% 13.09% 0.64x 1.27x ₩3.07 Billion
2010 13.20% 15.88% 0.65x 1.28x ₩17.44 Billion
2011 13.36% 16.85% 0.64x 1.24x ₩21.55 Billion
2012 9.12% 12.78% 0.57x 1.26x ₩-6.16 Billion
2013 5.97% 9.32% 0.47x 1.36x ₩-29.62 Billion
2014 4.91% 7.16% 0.50x 1.37x ₩-38.97 Billion
2015 8.95% 12.06% 0.64x 1.15x ₩-8.76 Billion
2016 6.42% 7.93% 0.69x 1.18x ₩-31.56 Billion
2017 5.82% 4.38% 0.98x 1.35x ₩-38.69 Billion
2018 7.48% 5.72% 1.07x 1.23x ₩-25.07 Billion
2019 8.15% 6.77% 0.95x 1.27x ₩-19.29 Billion
2020 7.58% 7.12% 0.83x 1.28x ₩-27.12 Billion
2021 9.26% 8.26% 0.89x 1.26x ₩-9.22 Billion
2022 9.21% 7.98% 0.92x 1.26x ₩-10.60 Billion
2023 6.00% 5.49% 0.89x 1.23x ₩-55.82 Billion
2024 3.17% 3.01% 0.85x 1.24x ₩-95.97 Billion

Industry Comparison

This section compares Handsome's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $209,700,898,505
  • Average return on equity (ROE) among peers: 7.67%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Handsome (020000) ₩1.41 Trillion 22.81% 0.23x $211.12 Million
BYC Co Ltd (001465) $378.12 Billion 3.49% 0.83x $50.34 Million
Vivien Corp (002070) $138.99 Billion 0.12% 0.40x $10.53 Million
Kuk Dong (005320) $28.64 Billion 31.07% 2.12x $15.40 Million
Shinsung Tngsn (005390) $230.85 Billion 2.26% 1.99x $10.03 Million
Shinyoung Waco (005800) $251.88 Billion 6.83% 0.12x $26.78 Million
F&F Holdings Co. Ltd (007700) $189.53 Billion 7.38% 0.70x $40.03 Million
Pan-Pacific (007980) $241.92 Billion 9.16% 2.11x $38.87 Million
Willbes (008600) $126.89 Billion 2.17% 0.93x $13.89 Million
Shinwon (009270) $213.79 Billion 2.77% 1.55x $51.58 Million
Youngone Holdi (009970) $296.42 Billion 11.43% 0.61x $813.72 Million