Hana Tour
Hanatour Service Inc. engages in the provision of travel and related services in South Korea, Northeast and Southeast Asia, the United States, and Europe. It offers tour, online, and AI services; B2B business; affiliates; and partnerships. The company was formerly known as Kook-Jin travel Agency and changed its name to Hanatour Service Inc. in March 1996. Hanatour Service Inc. was founded in 1993… Read more
Hana Tour (039130) - Net Assets
Latest net assets as of September 2025: ₩177.11 Billion KRW
Based on the latest financial reports, Hana Tour (039130) has net assets worth ₩177.11 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩740.11 Billion) and total liabilities (₩563.00 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 | ₩177.11 Billion |
| % of Total Assets | 23.93% |
| Annual Growth Rate | 7.78% |
| 5-Year Change | 44.07% |
| 10-Year Change | -16.91% |
| Growth Volatility | 38.24 |
Hana Tour - Net Assets Trend (2005–2024)
This chart illustrates how Hana Tour's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hana Tour (2005–2024)
The table below shows the annual net assets of Hana Tour from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩180.54 Billion | +13.33% |
| 2023-12-31 | ₩159.30 Billion | +59.78% |
| 2022-12-31 | ₩99.70 Billion | +72.63% |
| 2021-12-31 | ₩57.76 Billion | -53.91% |
| 2020-12-31 | ₩125.31 Billion | -42.48% |
| 2019-12-31 | ₩217.88 Billion | -9.17% |
| 2018-12-31 | ₩239.88 Billion | -0.66% |
| 2017-12-31 | ₩241.47 Billion | +13.86% |
| 2016-12-31 | ₩212.08 Billion | -2.40% |
| 2015-12-31 | ₩217.29 Billion | +15.58% |
| 2014-12-31 | ₩188.00 Billion | -2.40% |
| 2013-12-31 | ₩192.63 Billion | +7.15% |
| 2012-12-31 | ₩179.78 Billion | +36.68% |
| 2011-12-31 | ₩131.53 Billion | +18.72% |
| 2010-12-31 | ₩110.79 Billion | +22.54% |
| 2009-12-31 | ₩90.41 Billion | -0.94% |
| 2008-12-31 | ₩91.27 Billion | -3.09% |
| 2006-12-31 | ₩94.18 Billion | +116.60% |
| 2005-12-31 | ₩43.48 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hana Tour'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 17026338837000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩170.26 Billion | 97.36% |
| Other Components | ₩4.61 Billion | 2.64% |
| Total Equity | ₩174.88 Billion | 100.00% |
Hana Tour Competitors by Market Cap
The table below lists competitors of Hana Tour ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beta Bionics, Inc. Common Stock
NASDAQ:BBNX
|
$318.82 Million |
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
$318.98 Million |
|
SANOFI CONS HEALTHC IND L
NSE:SANOFICONR
|
$319.07 Million |
|
Shenzhen Everbest Machinery Indus
SHE:002980
|
$319.10 Million |
|
Anupam Rasayan India Limited
NSE:ANURAS
|
$318.75 Million |
|
Shandong Homey Aquatic Development Co Ltd
SHG:600467
|
$318.73 Million |
|
BRIDGE INV.GRP.HLD.A -01
F:53S
|
$318.68 Million |
|
Xunlei Limited
F:4XN
|
$318.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hana Tour's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 170,358,262,640 to 174,878,206,040, a change of 4,519,943,400 (2.7%).
- Net income of 81,459,800,880 contributed positively to equity growth.
- Dividend payments of 78,661,368,000 reduced retained earnings.
- Share repurchases of 649,820 reduced equity.
- New share issuances of 16,548,610 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩81.46 Billion | +46.58% |
| Dividends Paid | ₩78.66 Billion | -44.98% |
| Share Repurchases | ₩649.82K | -0.0% |
| Share Issuances | ₩16.55 Million | +0.01% |
| Other Changes | ₩1.71 Billion | +0.98% |
| Total Change | ₩- | 2.65% |
Book Value vs Market Value Analysis
This analysis compares Hana Tour'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: 3.75x
- 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 2.29x to 3.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩18502.49 | ₩42350.00 | x |
| 2018-12-31 | ₩18060.10 | ₩42350.00 | x |
| 2019-12-31 | ₩16334.34 | ₩42350.00 | x |
| 2020-12-31 | ₩10085.12 | ₩42350.00 | x |
| 2021-12-31 | ₩6372.51 | ₩42350.00 | x |
| 2022-12-31 | ₩7960.48 | ₩42350.00 | x |
| 2023-12-31 | ₩10998.00 | ₩42350.00 | x |
| 2024-12-31 | ₩11289.80 | ₩42350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hana Tour 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): 46.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.21%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 3.82x
- Recent ROE (46.58%) is above the historical average (2.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 39.38% | 13.71% | 1.30x | 2.22x | ₩12.42 Billion |
| 2006 | 25.16% | 13.08% | 0.93x | 2.07x | ₩14.04 Billion |
| 2008 | 5.63% | 2.77% | 1.17x | 1.73x | ₩-3.91 Billion |
| 2010 | 22.05% | 10.87% | 0.98x | 2.06x | ₩13.36 Billion |
| 2011 | 18.11% | 7.86% | 0.90x | 2.55x | ₩9.43 Billion |
| 2012 | 21.73% | 11.47% | 0.87x | 2.17x | ₩19.06 Billion |
| 2013 | 18.24% | 9.63% | 0.94x | 2.02x | ₩15.34 Billion |
| 2014 | 18.55% | 8.67% | 0.88x | 2.43x | ₩15.41 Billion |
| 2015 | 16.12% | 6.91% | 0.91x | 2.56x | ₩12.05 Billion |
| 2016 | 4.24% | 1.35% | 1.14x | 2.75x | ₩-10.91 Billion |
| 2017 | 6.33% | 1.90% | 1.13x | 2.95x | ₩-7.51 Billion |
| 2018 | 4.38% | 1.06% | 1.16x | 3.58x | ₩-11.24 Billion |
| 2019 | -4.44% | -1.05% | 0.76x | 5.57x | ₩-26.10 Billion |
| 2020 | -127.38% | -156.99% | 0.16x | 5.21x | ₩-185.52 Billion |
| 2021 | -51.55% | -109.26% | 0.09x | 5.05x | ₩-52.52 Billion |
| 2022 | -54.15% | -58.08% | 0.25x | 3.69x | ₩-79.10 Billion |
| 2023 | 27.61% | 11.43% | 0.64x | 3.78x | ₩29.99 Billion |
| 2024 | 46.58% | 13.21% | 0.92x | 3.82x | ₩63.97 Billion |
Industry Comparison
This section compares Hana Tour's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $38,382,186,000
- Average return on equity (ROE) among peers: 8.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hana Tour (039130) | ₩177.11 Billion | 39.38% | 3.18x | $318.81 Million |
| Sejoong Co. Ltd (039310) | $38.38 Billion | 8.44% | 0.82x | $14.40 Million |