Handsome (020000) - Net Assets

Latest as of December 2025: ₩1.44 Trillion KRW ≈ $973.90 Million USD

Based on the latest financial reports, Handsome (020000) has net assets worth ₩1.44 Trillion KRW (≈ $973.90 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.73 Trillion ≈ $1.18 Billion USD) and total liabilities (₩297.74 Billion ≈ $201.77 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 Handsome asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩1.44 Trillion
% of Total Assets	82.84%
Annual Growth Rate	10.55%
5-Year Change	15.86%
10-Year Change	63.24%
Growth Volatility	11.93

Handsome - Net Assets Trend (2000–2025)

This chart illustrates how Handsome's net assets have evolved over time, based on quarterly financial data. Also explore how large is Handsome's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Handsome (2000–2025)

The table below shows the annual net assets of Handsome from 2000 to 2025. For live valuation and market cap data, see 020000 market cap.

Year	Net Assets	Change
2025-12-31	₩1.44 Trillion ≈ $973.90 Million	+2.20%
2024-12-31	₩1.41 Trillion ≈ $952.89 Million	+0.84%
2023-12-31	₩1.39 Trillion ≈ $944.92 Million	+4.33%
2022-12-31	₩1.34 Trillion ≈ $905.72 Million	+7.75%
2021-12-31	₩1.24 Trillion ≈ $840.61 Million	+10.16%
2020-12-31	₩1.13 Trillion ≈ $763.10 Million	+7.70%
2019-12-31	₩1.05 Trillion ≈ $708.56 Million	+5.15%
2018-12-31	₩994.32 Billion ≈ $673.83 Million	+7.44%
2017-12-31	₩925.47 Billion ≈ $627.18 Million	+5.13%
2016-12-31	₩880.34 Billion ≈ $596.60 Million	+5.89%
2015-12-31	₩831.37 Billion ≈ $563.41 Million	+0.81%
2014-12-31	₩824.67 Billion ≈ $558.86 Million	+3.69%
2013-12-31	₩795.32 Billion ≈ $538.98 Million	+4.73%
2012-12-31	₩759.40 Billion ≈ $514.64 Million	+7.85%
2011-12-31	₩704.16 Billion ≈ $477.20 Million	+16.12%
2010-12-31	₩606.39 Billion ≈ $410.94 Million	+11.83%
2009-12-31	₩542.23 Billion ≈ $367.46 Million	+10.03%
2008-12-31	₩492.81 Billion ≈ $333.97 Million	+3.62%
2007-12-31	₩475.62 Billion ≈ $322.32 Million	+16.57%
2006-12-31	₩408.03 Billion ≈ $276.51 Million	+13.88%
2005-12-31	₩358.31 Billion ≈ $242.82 Million	+14.05%
2004-12-31	₩314.16 Billion ≈ $212.90 Million	+16.82%
2003-12-31	₩268.92 Billion ≈ $182.24 Million	+9.74%
2002-12-31	₩245.05 Billion ≈ $166.07 Million	+60.67%
2001-12-31	₩152.52 Billion ≈ $103.36 Million	+30.12%
2000-12-31	₩117.22 Billion ≈ $79.44 Million	--

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 133007184600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩1.33 Trillion	92.55%
Other Components	₩107.02 Billion	7.45%
Total Equity	₩1.44 Trillion	100.00%

Handsome Competitors by Market Cap

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

Company	Market Cap
Nerdwallet Inc NASDAQ:NRDS	$386.45 Million
Australian Finance Group Ltd AU:AFG	$386.50 Million
ALTYNGOLD PLC LS -10 F:FPP0	$386.66 Million
ABG Sundal Collier Holding ASA OL:ABG	$386.68 Million
Reckitt Benckiser Group PLC LSE:RKT	$386.42 Million
Blade Air Mobility Inc NASDAQ:BLDE	$386.42 Million
Kolon Plastics KO:138490	$386.28 Million
Tibet Galaxy Science & Technology Development Co Ltd SHE:000752	$385.96 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 2024 to 2025, total equity changed from 1,406,099,400,780 to 1,437,094,095,000, a change of 30,994,694,220 (2.2%).
Net income of 46,244,859,000 contributed positively to equity growth.
Dividend payments of 16,107,563,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩46.24 Billion	+3.22%
Dividends Paid	₩16.11 Billion	-1.12%
Other Changes	₩857.40 Million	+0.06%
Total Change	₩-	2.20%

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: 0.40x
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 0.63x to 0.40x 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	₩26550.00	x
2018-12-31	₩45258.76	₩26550.00	x
2019-12-31	₩47590.97	₩26550.00	x
2020-12-31	₩51075.43	₩26550.00	x
2021-12-31	₩56340.68	₩26550.00	x
2022-12-31	₩60819.21	₩26550.00	x
2023-12-31	₩63583.50	₩26550.00	x
2024-12-31	₩65470.03	₩26550.00	x
2025-12-31	₩66913.19	₩26550.00	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): 3.22%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.10%
• Asset Turnover: 0.86x
• Equity Multiplier: 1.21x
Recent ROE (3.22%) is below the historical average (10.76%), 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
2025	3.22%	3.10%	0.86x	1.21x	₩-97.46 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: $208,123,299,633
Average return on equity (ROE) among peers: 4.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Handsome (020000)	₩1.44 Trillion	22.81%	0.21x	$386.43 Million
BYC Co. Ltd (001460)	$393.85 Billion	4.45%	0.86x	$212.41 Million
BYC Co Ltd (001465)	$515.74 Billion	6.84%	0.30x	$47.86 Million
Vivien Corp (002070)	$131.22 Billion	-3.77%	0.68x	$327.51 Million
SG Corporation (004060)	$193.17 Billion	4.40%	0.62x	$65.59 Million
Kuk Dong (005320)	$47.95 Billion	6.16%	1.56x	$26.80 Million
Shinsung Tngsn (005390)	$237.40 Billion	3.08%	2.48x	$399.30 Million
Shinyoung Waco (005800)	$220.79 Billion	6.55%	0.13x	$91.98 Million
F&F Holdings Co. Ltd (007700)	$77.11 Billion	28.04%	0.57x	$508.36 Million
Pan-Pacific (007980)	$164.86 Billion	-8.38%	3.64x	$69.18 Million
Willbes (008600)	$99.13 Billion	-2.51%	1.87x	$116.83 Million

About Handsome

KO:020000 Korea Apparel Manufacturing

Market Cap

$386.43 Million

₩570.21 Billion KRW

Market Cap Rank

#13847 Global

#464 in Korea

Share Price

₩26550.00

Change (1 day)

-2.75%

52-Week Range

₩14350.00 - ₩27300.00

All Time High

₩48813.77