Halla Holdings Corp
HL Holdings Corporation engages in the mobility service, logistics service, and cold chain service businesses in South Korea and internationally. The company offers steering, suspension, braking, climate control, and EV products; aftermarket parts under the HL Mando brand; automotive accessory, such as navigation, black box, and tuning parts; automotive part-specific logistics services; and modul… Read more
Halla Holdings Corp (060980) - Net Assets
Latest net assets as of September 2025: ₩1.05 Trillion KRW
Based on the latest financial reports, Halla Holdings Corp (060980) has net assets worth ₩1.05 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 (₩2.32 Trillion) and total liabilities (₩1.27 Trillion). 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 | ₩1.05 Trillion |
| % of Total Assets | 45.2% |
| Annual Growth Rate | -1.14% |
| 5-Year Change | 20.03% |
| 10-Year Change | 12.93% |
| Growth Volatility | 13.92 |
Halla Holdings Corp - Net Assets Trend (2010–2024)
This chart illustrates how Halla Holdings Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Halla Holdings Corp (2010–2024)
The table below shows the annual net assets of Halla Holdings Corp from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.06 Trillion | +5.37% |
| 2023-12-31 | ₩1.01 Trillion | +0.51% |
| 2022-12-31 | ₩1.01 Trillion | -0.91% |
| 2021-12-31 | ₩1.01 Trillion | +14.38% |
| 2020-12-31 | ₩886.90 Billion | +0.09% |
| 2019-12-31 | ₩886.10 Billion | +2.41% |
| 2018-12-31 | ₩865.25 Billion | -7.34% |
| 2017-12-31 | ₩933.74 Billion | -2.38% |
| 2016-12-31 | ₩956.50 Billion | +1.46% |
| 2015-12-31 | ₩942.70 Billion | -0.26% |
| 2014-12-31 | ₩945.18 Billion | -45.01% |
| 2013-12-31 | ₩1.72 Trillion | +9.66% |
| 2012-12-31 | ₩1.57 Trillion | +11.10% |
| 2011-12-31 | ₩1.41 Trillion | +12.94% |
| 2010-12-31 | ₩1.25 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Halla Holdings Corp'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 83317206751000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩833.17 Billion | 78.38% |
| Other Components | ₩229.75 Billion | 21.62% |
| Total Equity | ₩1.06 Trillion | 100.00% |
Halla Holdings Corp Competitors by Market Cap
The table below lists competitors of Halla Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Runner Xiamen Corp
SHG:603408
|
$177.45 Million |
|
A2Z Smart Technologies Corp
NASDAQ:AZ
|
$177.47 Million |
|
Harbin VITI Electronics Corp
SHG:603023
|
$177.48 Million |
|
Exzeo Group, Inc.
NYSE:XZO
|
$177.50 Million |
|
Xiangtan Yongda Mach Mnfg Co
SHE:001239
|
$177.40 Million |
|
Beijing YJK Building Software Co.Ltd.
SHE:300935
|
$177.38 Million |
|
HL Corp Shenzhen
SHE:002105
|
$177.32 Million |
|
Entrepreneur Universe Bright Group
PINK:EUBG
|
$177.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Halla Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,010,575,530,850 to 1,062,923,267,700, a change of 52,347,736,850 (5.2%).
- Net income of 19,826,458,480 contributed positively to equity growth.
- Dividend payments of 19,148,664,000 reduced retained earnings.
- Share repurchases of 6,999,712,250 reduced equity.
- Other factors increased equity by 58,669,654,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩19.83 Billion | +1.87% |
| Dividends Paid | ₩19.15 Billion | -1.8% |
| Share Repurchases | ₩7.00 Billion | -0.66% |
| Other Changes | ₩58.67 Billion | +5.52% |
| Total Change | ₩- | 5.18% |
Book Value vs Market Value Analysis
This analysis compares Halla Holdings Corp'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 0.51x 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 | ₩87515.23 | ₩44400.00 | x |
| 2018-12-31 | ₩82285.17 | ₩44400.00 | x |
| 2019-12-31 | ₩84613.44 | ₩44400.00 | x |
| 2020-12-31 | ₩87631.47 | ₩44400.00 | x |
| 2021-12-31 | ₩100037.38 | ₩44400.00 | x |
| 2022-12-31 | ₩102608.31 | ₩44400.00 | x |
| 2023-12-31 | ₩105173.08 | ₩44400.00 | x |
| 2024-12-31 | ₩111906.44 | ₩44400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Halla Holdings Corp 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): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.45%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.23x
- Recent ROE (1.87%) is below the historical average (14.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 15.60% | 5.28% | 1.44x | 2.05x | ₩68.65 Billion |
| 2011 | 16.45% | 4.92% | 1.33x | 2.52x | ₩87.91 Billion |
| 2012 | 10.84% | 3.22% | 1.25x | 2.68x | ₩12.57 Billion |
| 2013 | 10.77% | 3.16% | 1.11x | 3.07x | ₩12.73 Billion |
| 2014 | 117.70% | 117.43% | 0.55x | 1.83x | ₩987.10 Billion |
| 2015 | 8.26% | 8.43% | 0.56x | 1.77x | ₩-15.79 Billion |
| 2016 | 8.19% | 8.02% | 0.49x | 2.08x | ₩-16.61 Billion |
| 2017 | 4.61% | 4.85% | 0.48x | 1.98x | ₩-50.35 Billion |
| 2018 | 1.52% | 1.52% | 0.50x | 1.99x | ₩-73.41 Billion |
| 2019 | 4.63% | 5.42% | 0.43x | 1.99x | ₩-47.55 Billion |
| 2020 | 4.97% | 5.99% | 0.38x | 2.21x | ₩-44.63 Billion |
| 2021 | 10.49% | 10.20% | 0.45x | 2.27x | ₩5.01 Billion |
| 2022 | 0.31% | 0.24% | 0.56x | 2.27x | ₩-97.28 Billion |
| 2023 | 4.99% | 3.93% | 0.56x | 2.27x | ₩-50.58 Billion |
| 2024 | 1.87% | 1.45% | 0.58x | 2.23x | ₩-86.47 Billion |
Industry Comparison
This section compares Halla Holdings Corp's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $178,370,436,960
- Average return on equity (ROE) among peers: 6.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Halla Holdings Corp (060980) | ₩1.05 Trillion | 15.60% | 1.21x | $177.42 Million |
| Daewonkangup (000430) | $111.59 Billion | 3.26% | 1.76x | $58.24 Million |
| SG Choongbang Co Ltd (001380) | $121.16 Billion | -2.02% | 0.53x | $17.95 Million |
| Tae Won Mulsan (001420) | $32.21 Billion | 1.11% | 0.19x | $5.83 Million |
| Dongkook Ind (001620) | $158.93 Billion | 7.79% | 0.99x | $24.69 Million |
| PS Tec. Co. Ltd (002230) | $35.25 Billion | 7.67% | 0.19x | $43.72 Million |
| Nexen Tire (002350) | $278.71 Billion | 10.01% | 1.56x | $169.71 Million |
| Nexen Tire Prf 1 (002355) | $797.00 Billion | 15.39% | 1.89x | $98.76 Million |
| Dayou A-Tech (002880) | $44.11 Billion | 11.75% | 6.59x | $13.14 Million |
| Yoo Sung Ent (002920) | $168.22 Billion | 0.00% | 0.38x | $17.52 Million |
| Chin Yang Ind (003780) | $36.52 Billion | 14.55% | 0.18x | $24.99 Million |