Hyundai Department (069960) - Net Assets
Based on the latest financial reports, Hyundai Department (069960) has net assets worth ₩6.34 Trillion KRW (≈ $4.30 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩11.49 Trillion ≈ $7.79 Billion USD) and total liabilities (₩5.15 Trillion ≈ $3.49 Billion 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 069960 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩6.34 Trillion |
| % of Total Assets | 55.19% |
| Annual Growth Rate | 8.02% |
| 5-Year Change | 23.89% |
| 10-Year Change | 54.67% |
| Growth Volatility | 11.19 |
Hyundai Department - Net Assets Trend (2002–2024)
This chart illustrates how Hyundai Department's net assets have evolved over time, based on quarterly financial data. Also explore Hyundai Department asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Hyundai Department (2002–2024)
The table below shows the annual net assets of Hyundai Department from 2002 to 2024. For live valuation and market cap data, see 069960 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩6.23 Trillion ≈ $4.22 Billion |
-0.71% |
| 2023-12-31 | ₩6.28 Trillion ≈ $4.26 Billion |
-1.38% |
| 2022-12-31 | ₩6.37 Trillion ≈ $4.31 Billion |
+21.85% |
| 2021-12-31 | ₩5.23 Trillion ≈ $3.54 Billion |
+3.84% |
| 2020-12-31 | ₩5.03 Trillion ≈ $3.41 Billion |
+1.06% |
| 2019-12-31 | ₩4.98 Trillion ≈ $3.37 Billion |
+3.11% |
| 2018-12-31 | ₩4.83 Trillion ≈ $3.27 Billion |
+4.58% |
| 2017-12-31 | ₩4.62 Trillion ≈ $3.13 Billion |
+7.13% |
| 2016-12-31 | ₩4.31 Trillion ≈ $2.92 Billion |
+6.94% |
| 2015-12-31 | ₩4.03 Trillion ≈ $2.73 Billion |
+6.38% |
| 2014-12-31 | ₩3.79 Trillion ≈ $2.57 Billion |
+6.85% |
| 2013-12-31 | ₩3.55 Trillion ≈ $2.40 Billion |
+9.56% |
| 2012-12-31 | ₩3.24 Trillion ≈ $2.19 Billion |
+11.90% |
| 2011-12-31 | ₩2.89 Trillion ≈ $1.96 Billion |
-25.38% |
| 2010-12-31 | ₩3.88 Trillion ≈ $2.63 Billion |
+35.20% |
| 2009-12-31 | ₩2.87 Trillion ≈ $1.94 Billion |
+10.33% |
| 2008-12-31 | ₩2.60 Trillion ≈ $1.76 Billion |
+12.66% |
| 2007-12-31 | ₩2.31 Trillion ≈ $1.56 Billion |
+12.99% |
| 2006-12-31 | ₩2.04 Trillion ≈ $1.38 Billion |
+23.30% |
| 2005-12-31 | ₩1.66 Trillion ≈ $1.12 Billion |
+19.46% |
| 2004-12-31 | ₩1.39 Trillion ≈ $939.28 Million |
+8.70% |
| 2003-12-31 | ₩1.28 Trillion ≈ $864.08 Million |
+11.62% |
| 2002-12-31 | ₩1.14 Trillion ≈ $774.12 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hyundai Department'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 375368405600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.75 Trillion | 85.40% |
| Other Components | ₩641.69 Billion | 14.60% |
| Total Equity | ₩4.40 Trillion | 100.00% |
Hyundai Department Competitors by Market Cap
The table below lists competitors of Hyundai Department ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADIENT PLC DL-001
F:18I
|
$1.60 Billion |
|
Choice International Limited
NSE:CHOICEIN
|
$1.60 Billion |
|
EUTEL.CO.SP.ADR 1/4/ EO1
F:E3B0
|
$1.60 Billion |
|
Sienna Senior Living Inc
TO:SIA
|
$1.60 Billion |
|
Westshore Terminals Investment Corp
TO:WTE
|
$1.60 Billion |
|
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
|
$1.59 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
$1.59 Billion |
|
Caisse Regionale de Credit Agricole Mutuel du Languedoc
PA:CRLA
|
$1.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyundai Department's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,467,517,020,000 to 4,395,369,423,000, a change of -72,147,597,000 (-1.6%).
- Net loss of 35,946,510,000 reduced equity.
- Dividend payments of 37,822,741,000 reduced retained earnings.
- Share repurchases of 3,643,552,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-35.95 Billion | -0.82% |
| Dividends Paid | ₩37.82 Billion | -0.86% |
| Share Repurchases | ₩3.64 Billion | -0.08% |
| Other Changes | ₩5.27 Billion | +0.12% |
| Total Change | ₩- | -1.61% |
Book Value vs Market Value Analysis
This analysis compares Hyundai Department'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: 0.54x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩175349.38 | ₩108900.00 | x |
| 2018-12-31 | ₩183200.99 | ₩108900.00 | x |
| 2019-12-31 | ₩190026.96 | ₩108900.00 | x |
| 2020-12-31 | ₩193151.36 | ₩108900.00 | x |
| 2021-12-31 | ₩202282.96 | ₩108900.00 | x |
| 2022-12-31 | ₩209759.92 | ₩108900.00 | x |
| 2023-12-31 | ₩204414.50 | ₩108900.00 | x |
| 2024-12-31 | ₩201113.34 | ₩108900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyundai Department 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): -0.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.86%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.55x
- Recent ROE (-0.82%) is below the historical average (8.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.86% | 1.46% | 0.23x | 5.48x | ₩-50.05 Billion |
| 2003 | 8.61% | 2.66% | 0.73x | 4.43x | ₩-9.60 Billion |
| 2004 | 10.24% | 3.66% | 0.67x | 4.15x | ₩1.74 Billion |
| 2005 | 17.23% | 7.09% | 0.67x | 3.63x | ₩65.66 Billion |
| 2006 | 15.94% | 7.25% | 0.68x | 3.24x | ₩64.78 Billion |
| 2007 | 13.95% | 7.50% | 0.63x | 2.93x | ₩51.97 Billion |
| 2008 | 14.84% | 8.75% | 0.60x | 2.81x | ₩72.54 Billion |
| 2009 | 13.84% | 8.78% | 0.57x | 2.75x | ₩65.78 Billion |
| 2010 | 14.42% | 10.25% | 0.48x | 2.95x | ₩89.51 Billion |
| 2011 | 14.18% | 24.07% | 0.30x | 1.93x | ₩102.07 Billion |
| 2012 | 11.71% | 21.18% | 0.28x | 1.96x | ₩47.03 Billion |
| 2013 | 9.89% | 19.49% | 0.27x | 1.85x | ₩-3.24 Billion |
| 2014 | 8.27% | 17.30% | 0.27x | 1.75x | ₩-56.02 Billion |
| 2015 | 6.98% | 14.54% | 0.27x | 1.79x | ₩-104.08 Billion |
| 2016 | 7.47% | 15.05% | 0.28x | 1.78x | ₩-93.61 Billion |
| 2017 | 6.41% | 13.73% | 0.27x | 1.71x | ₩-141.83 Billion |
| 2018 | 5.78% | 12.83% | 0.27x | 1.69x | ₩-174.29 Billion |
| 2019 | 4.58% | 8.83% | 0.29x | 1.80x | ₩-230.06 Billion |
| 2020 | 1.65% | 3.09% | 0.26x | 2.04x | ₩-356.33 Billion |
| 2021 | 4.28% | 5.30% | 0.40x | 2.03x | ₩-252.72 Billion |
| 2022 | 3.14% | 2.87% | 0.42x | 2.63x | ₩-314.35 Billion |
| 2023 | -1.79% | -1.90% | 0.36x | 2.62x | ₩-526.52 Billion |
| 2024 | -0.82% | -0.86% | 0.37x | 2.55x | ₩-475.48 Billion |
Industry Comparison
This section compares Hyundai Department's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $2,806,496,328,500
- Average return on equity (ROE) among peers: 7.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyundai Department (069960) | ₩6.34 Trillion | 1.86% | 0.81x | $1.60 Billion |
| Shinsegae (004170) | $2.53 Trillion | 17.29% | 1.44x | $2.42 Billion |
| Daegu Dept Sto (006370) | $376.56 Billion | 1.45% | 0.66x | $33.69 Million |
| Gs Retail (007070) | $2.55 Trillion | 5.22% | 1.77x | $1.33 Billion |
| Lotte Shopping (023530) | $13.17 Trillion | 5.44% | 0.86x | $2.59 Billion |
| Gwangjushinseg (037710) | $620.66 Billion | 7.27% | 0.12x | $199.00 Million |
| Savezone I C (067830) | $389.80 Billion | 7.40% | 0.44x | $81.08 Million |
| JTC Inc (950170) | $12.07 Billion | 11.60% | 1.07x | $143.95 Million |
About Hyundai Department
Hyundai Department Store Co. Ltd. operates various department stores, outlets, and duty-free shops in South Korea. The company offers clothing, miscellaneous goods, etc. through department stores. The company also manufactures and sells beds, bedding and furniture products such as mattresses. Hyundai Department Store Co. Ltd. was founded in 2002 and is headquartered in Seoul, South Korea.