Hanmiglobal
HanmiGlobal Co., Ltd. provides construction project management services in South Korea and internationally. It offers construction supervision services; environmental/energy consulting and engineering services; and CM for fee/CM at risk services. The company also provides planning, design, construction, operation, and maintenance services; specialized services, including planning and feasibility … Read more
Hanmiglobal (053690) - Net Assets
Latest net assets as of September 2025: ₩234.06 Billion KRW
Based on the latest financial reports, Hanmiglobal (053690) has net assets worth ₩234.06 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 (₩443.84 Billion) and total liabilities (₩209.78 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 | ₩234.06 Billion |
| % of Total Assets | 52.73% |
| Annual Growth Rate | 12.49% |
| 5-Year Change | 76.72% |
| 10-Year Change | 176.37% |
| Growth Volatility | 11.63 |
Hanmiglobal - Net Assets Trend (2011–2024)
This chart illustrates how Hanmiglobal's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hanmiglobal (2011–2024)
The table below shows the annual net assets of Hanmiglobal from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩227.62 Billion | +12.23% |
| 2023-12-31 | ₩202.82 Billion | +4.20% |
| 2022-12-31 | ₩194.65 Billion | +35.06% |
| 2021-12-31 | ₩144.12 Billion | +11.90% |
| 2020-12-31 | ₩128.80 Billion | +3.77% |
| 2019-12-31 | ₩124.13 Billion | +20.12% |
| 2018-12-31 | ₩103.34 Billion | -0.92% |
| 2017-12-31 | ₩104.30 Billion | +5.87% |
| 2016-12-31 | ₩98.52 Billion | +19.62% |
| 2015-12-31 | ₩82.36 Billion | +36.97% |
| 2014-12-31 | ₩60.13 Billion | +12.04% |
| 2013-12-31 | ₩53.67 Billion | +9.31% |
| 2012-12-31 | ₩49.10 Billion | -0.36% |
| 2011-12-31 | ₩49.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanmiglobal'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 14118947186000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩141.19 Billion | 68.71% |
| Other Components | ₩64.29 Billion | 31.29% |
| Total Equity | ₩205.48 Billion | 100.00% |
Hanmiglobal Competitors by Market Cap
The table below lists competitors of Hanmiglobal ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EVI Industries Inc
NYSE MKT:EVI
|
$105.58 Million |
|
Politeknik Metal Sanayi ve
IS:POLTK
|
$105.61 Million |
|
Emerita Resources Corp
OTCQB:EMOTF
|
$105.66 Million |
|
OZYASAR TEL
IS:OZYSR
|
$105.70 Million |
|
Sikarin Public Company Limited
BK:SKR
|
$105.56 Million |
|
Lealea Enterprise Co Ltd
TW:1444
|
$105.55 Million |
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$105.52 Million |
|
SMARTOPTICS GRP AS NK-02
F:3YL
|
$105.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanmiglobal's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 184,254,204,510 to 205,482,053,000, a change of 21,227,848,490 (11.5%).
- Net income of 20,027,771,640 contributed positively to equity growth.
- Dividend payments of 5,478,506,800 reduced retained earnings.
- Share repurchases of 1,195,339,870 reduced equity.
- Other factors increased equity by 7,873,923,520.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.03 Billion | +9.75% |
| Dividends Paid | ₩5.48 Billion | -2.67% |
| Share Repurchases | ₩1.20 Billion | -0.58% |
| Other Changes | ₩7.87 Billion | +3.83% |
| Total Change | ₩- | 11.52% |
Book Value vs Market Value Analysis
This analysis compares Hanmiglobal'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: 0.99x
- 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 2.01x to 0.99x 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 | ₩9999.23 | ₩20100.00 | x |
| 2018-12-31 | ₩9775.67 | ₩20100.00 | x |
| 2019-12-31 | ₩11836.78 | ₩20100.00 | x |
| 2020-12-31 | ₩12664.76 | ₩20100.00 | x |
| 2021-12-31 | ₩14013.93 | ₩20100.00 | x |
| 2022-12-31 | ₩17413.91 | ₩20100.00 | x |
| 2023-12-31 | ₩18114.66 | ₩20100.00 | x |
| 2024-12-31 | ₩20263.40 | ₩20100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanmiglobal 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): 9.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.71%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.29x
- Recent ROE (9.75%) is below the historical average (10.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.46% | 2.37% | 1.32x | 2.70x | ₩-790.69 Million |
| 2012 | 8.40% | 2.07% | 1.47x | 2.76x | ₩-816.91 Million |
| 2013 | 11.04% | 3.29% | 1.29x | 2.60x | ₩566.02 Million |
| 2014 | 12.14% | 4.41% | 1.08x | 2.56x | ₩1.28 Billion |
| 2015 | 8.21% | 4.02% | 1.34x | 1.53x | ₩-1.47 Billion |
| 2016 | 9.31% | 5.39% | 1.13x | 1.53x | ₩-675.95 Million |
| 2017 | 9.01% | 4.46% | 1.19x | 1.69x | ₩-979.75 Million |
| 2018 | 7.09% | 3.36% | 0.99x | 2.13x | ₩-2.86 Billion |
| 2019 | 18.91% | 7.58% | 1.45x | 1.72x | ₩10.53 Billion |
| 2020 | 7.80% | 4.00% | 1.06x | 1.83x | ₩-2.63 Billion |
| 2021 | 10.94% | 5.38% | 0.95x | 2.15x | ₩1.25 Billion |
| 2022 | 13.22% | 6.25% | 1.00x | 2.11x | ₩5.69 Billion |
| 2023 | 7.73% | 3.45% | 1.04x | 2.16x | ₩-4.18 Billion |
| 2024 | 9.75% | 4.71% | 0.90x | 2.29x | ₩-520.43 Million |
Industry Comparison
This section compares Hanmiglobal's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $210,025,499,552
- Average return on equity (ROE) among peers: -156.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanmiglobal (053690) | ₩234.06 Billion | 8.46% | 0.90x | $105.57 Million |
| Hyundai Engineering & Construction (000720) | $743.93 Billion | 10.45% | 5.60x | $4.83 Billion |
| Nam Kwang Cons (001260) | $66.30 Billion | 20.76% | 2.08x | $21.76 Million |
| Sambu Const (001470) | $7.67 Billion | -1665.61% | 38.17x | $52.59 Million |
| EE-HWA Construction Co. Ltd (001840) | $42.16 Billion | 3.35% | 0.94x | $11.71 Million |
| Dohwa Engin (002150) | $248.74 Billion | 5.55% | 0.51x | $63.10 Million |
| Bumyang Construction Co Ltd (002410) | $197.87 Billion | 1.56% | 1.59x | $28.08 Million |
| Hwa Sung Ind (002460) | $222.16 Billion | 11.63% | 1.93x | $48.66 Million |
| Chin Hung Int' (002780) | $78.80 Billion | 7.68% | 3.65x | $41.03 Million |
| Chinhung International Inc (002785) | $224.73 Billion | 22.05% | 1.01x | $172.54 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $267.89 Billion | 16.91% | 1.14x | $432.23 Million |