HSD Engine Co Ltd
Hanwha Engine Co., Ltd. manufactures and sells diesel engines worldwide. The company provides low and medium speed marine diesel engines for ocean-going vessels; and diesel/gas engines for electric power generation. It also offers engine parts, including cylinder liners, piston crowns, exhaust valve spindles and housings, pump barrel plungers, piston rings, spindle guides, exhaust valve seats, pu… Read more
HSD Engine Co Ltd (082740) - Net Assets
Latest net assets as of September 2025: ₩461.56 Billion KRW
Based on the latest financial reports, HSD Engine Co Ltd (082740) has net assets worth ₩461.56 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 (₩1.49 Trillion) and total liabilities (₩1.03 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 | ₩461.56 Billion |
| % of Total Assets | 30.89% |
| Annual Growth Rate | -2.86% |
| 5-Year Change | 102.6% |
| 10-Year Change | -31.56% |
| Growth Volatility | 28.92 |
HSD Engine Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how HSD Engine Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HSD Engine Co Ltd (2011–2024)
The table below shows the annual net assets of HSD Engine Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩393.30 Billion | +75.46% |
| 2023-12-31 | ₩224.15 Billion | +1.14% |
| 2022-12-31 | ₩221.63 Billion | +5.99% |
| 2021-12-31 | ₩209.10 Billion | +7.71% |
| 2020-12-31 | ₩194.13 Billion | +2.97% |
| 2019-12-31 | ₩188.52 Billion | -18.40% |
| 2018-12-31 | ₩231.03 Billion | -57.47% |
| 2017-12-31 | ₩543.17 Billion | +1.67% |
| 2016-12-31 | ₩534.26 Billion | -7.03% |
| 2015-12-31 | ₩574.67 Billion | -17.99% |
| 2014-12-31 | ₩700.70 Billion | -11.31% |
| 2013-12-31 | ₩790.04 Billion | +5.65% |
| 2012-12-31 | ₩747.77 Billion | +30.35% |
| 2011-12-31 | ₩573.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HSD Engine Co Ltd'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 decreased by 52552.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩464.34 Billion | 118.06% |
| Total Equity | ₩393.30 Billion | 100.00% |
HSD Engine Co Ltd Competitors by Market Cap
The table below lists competitors of HSD Engine Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orora Ltd
AU:ORA
|
$1.53 Billion |
|
Transcend Information Inc
TW:2451
|
$1.53 Billion |
|
Veris Residential Inc
NYSE:VRE
|
$1.53 Billion |
|
XiaMen HongXin Electron-tech Co Ltd
SHE:300657
|
$1.53 Billion |
|
Coats Group plc
PINK:CGGGF
|
$1.53 Billion |
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
$1.53 Billion |
|
Interface Inc
NASDAQ:TILE
|
$1.53 Billion |
|
Pingdingshan Tianan Coal Mining Co Ltd
SHG:601666
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HSD Engine Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 224,148,291,130 to 393,295,789,890, a change of 169,147,498,760 (75.5%).
- Net income of 79,159,548,480 contributed positively to equity growth.
- New share issuances of 87,646,497,200 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩79.16 Billion | +20.13% |
| Share Issuances | ₩87.65 Billion | +22.29% |
| Other Changes | ₩2.34 Billion | +0.6% |
| Total Change | ₩- | 75.46% |
Book Value vs Market Value Analysis
This analysis compares HSD Engine Co Ltd'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: 10.45x
- 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 6.30x to 10.45x 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 | ₩7815.39 | ₩49250.00 | x |
| 2018-12-31 | ₩7013.71 | ₩49250.00 | x |
| 2019-12-31 | ₩5723.20 | ₩49250.00 | x |
| 2020-12-31 | ₩5893.44 | ₩49250.00 | x |
| 2021-12-31 | ₩4476.23 | ₩49250.00 | x |
| 2022-12-31 | ₩3098.69 | ₩49250.00 | x |
| 2023-12-31 | ₩3133.96 | ₩49250.00 | x |
| 2024-12-31 | ₩4714.33 | ₩49250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HSD Engine Co Ltd 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): 20.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.58%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.59x
- Recent ROE (20.13%) is above the historical average (-9.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.66% | -0.70% | 0.45x | 2.10x | ₩-84.24 Billion |
| 2014 | -6.03% | -4.75% | 0.58x | 2.20x | ₩-112.30 Billion |
| 2015 | -21.83% | -18.08% | 0.49x | 2.45x | ₩-182.91 Billion |
| 2016 | -33.92% | -22.57% | 0.59x | 2.54x | ₩-234.65 Billion |
| 2017 | -1.90% | -1.35% | 0.62x | 2.27x | ₩-64.66 Billion |
| 2018 | -8.09% | -3.65% | 0.69x | 3.22x | ₩-41.78 Billion |
| 2019 | -21.98% | -6.15% | 0.81x | 4.40x | ₩-60.30 Billion |
| 2020 | 3.12% | 0.73% | 1.15x | 3.73x | ₩-13.36 Billion |
| 2021 | -19.00% | -6.63% | 0.75x | 3.80x | ₩-60.65 Billion |
| 2022 | -18.17% | -5.27% | 0.80x | 4.31x | ₩-62.43 Billion |
| 2023 | -0.19% | -0.05% | 0.75x | 5.07x | ₩-22.84 Billion |
| 2024 | 20.13% | 6.58% | 0.85x | 3.59x | ₩39.83 Billion |
Industry Comparison
This section compares HSD Engine Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $135,419,592,788
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HSD Engine Co Ltd (082740) | ₩461.56 Billion | -0.66% | 2.24x | $1.53 Billion |
| Hwacheon Mac (000850) | $337.27 Billion | 2.57% | 0.27x | $28.32 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $11.34 Million |
| Booster Co. Ltd (008470) | $78.71 Billion | -1.57% | 0.22x | $7.43 Million |
| Simpac (009160) | $177.87 Billion | 4.27% | 0.64x | $73.77 Million |
| Kyung Dong Navien Co Ltd (009450) | $187.28 Billion | 5.94% | 0.89x | $260.71 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $5.93 Million |
| Woojin I&S Co Ltd (010400) | $59.84 Billion | 17.27% | 0.32x | $6.85 Million |
| Hwacheon Machi (010660) | $124.59 Billion | -4.92% | 0.27x | $43.29 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $87.00 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $45.77 Million |