Hyundai Glovis (086280) - Net Assets
Based on the latest financial reports, Hyundai Glovis (086280) has net assets worth ₩9.84 Trillion KRW (≈ $6.67 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 (₩17.53 Trillion ≈ $11.88 Billion USD) and total liabilities (₩7.68 Trillion ≈ $5.20 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 Hyundai Glovis (086280) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩9.84 Trillion |
| % of Total Assets | 56.17% |
| Annual Growth Rate | 18.08% |
| 5-Year Change | 73.88% |
| 10-Year Change | 184.47% |
| Growth Volatility | 8.17 |
Hyundai Glovis - Net Assets Trend (2005–2024)
This chart illustrates how Hyundai Glovis's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Hyundai Glovis for the complete picture of this company's asset base.
Annual Net Assets for Hyundai Glovis (2005–2024)
The table below shows the annual net assets of Hyundai Glovis from 2005 to 2024. For live valuation and market cap data, see 086280 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩8.81 Trillion ≈ $5.97 Billion |
+13.17% |
| 2023-12-31 | ₩7.78 Trillion ≈ $5.28 Billion |
+13.14% |
| 2022-12-31 | ₩6.88 Trillion ≈ $4.66 Billion |
+18.36% |
| 2021-12-31 | ₩5.81 Trillion ≈ $3.94 Billion |
+14.73% |
| 2020-12-31 | ₩5.07 Trillion ≈ $3.43 Billion |
+8.48% |
| 2019-12-31 | ₩4.67 Trillion ≈ $3.16 Billion |
+9.63% |
| 2018-12-31 | ₩4.26 Trillion ≈ $2.89 Billion |
+6.78% |
| 2017-12-31 | ₩3.99 Trillion ≈ $2.70 Billion |
+14.73% |
| 2016-12-31 | ₩3.48 Trillion ≈ $2.36 Billion |
+12.29% |
| 2015-12-31 | ₩3.10 Trillion ≈ $2.10 Billion |
+11.75% |
| 2014-12-31 | ₩2.77 Trillion ≈ $1.88 Billion |
+18.73% |
| 2013-12-31 | ₩2.33 Trillion ≈ $1.58 Billion |
+21.60% |
| 2012-12-31 | ₩1.92 Trillion ≈ $1.30 Billion |
+28.66% |
| 2011-12-31 | ₩1.49 Trillion ≈ $1.01 Billion |
+33.14% |
| 2010-12-31 | ₩1.12 Trillion ≈ $759.29 Million |
+34.09% |
| 2009-12-31 | ₩835.60 Billion ≈ $566.27 Million |
+32.87% |
| 2008-12-31 | ₩628.91 Billion ≈ $426.20 Million |
+20.57% |
| 2007-12-31 | ₩521.63 Billion ≈ $353.50 Million |
+18.63% |
| 2006-12-31 | ₩439.71 Billion ≈ $297.98 Million |
+17.33% |
| 2005-12-31 | ₩374.75 Billion ≈ $253.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hyundai Glovis'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 835916590883000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩8.36 Trillion | 95.28% |
| Other Components | ₩413.99 Billion | 4.72% |
| Total Equity | ₩8.77 Trillion | 100.00% |
Hyundai Glovis Competitors by Market Cap
The table below lists competitors of Hyundai Glovis ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solventum Corp.
NYSE:SOLV
|
$11.56 Billion |
|
China Aerospace Times Electronics Co Ltd
SHG:600879
|
$11.57 Billion |
|
Fresenius Medical Care AG & Co. KGaA
F:FMEA
|
$11.58 Billion |
|
GAIL (India) Limited
NSE:GAIL
|
$11.61 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
$11.53 Billion |
|
Eurofins Scientific SE
PA:ERF
|
$11.53 Billion |
|
Accor S. A.
PA:AC
|
$11.52 Billion |
|
SGH Ltd
AU:SGH
|
$11.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyundai Glovis's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,755,368,128,240 to 8,773,151,741,320, a change of 1,017,783,613,080 (13.1%).
- Net income of 1,093,860,048,140 contributed positively to equity growth.
- Dividend payments of 236,250,000,000 reduced retained earnings.
- Other factors increased equity by 160,173,564,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.09 Trillion | +12.47% |
| Dividends Paid | ₩236.25 Billion | -2.69% |
| Other Changes | ₩160.17 Billion | +1.83% |
| Total Change | ₩- | 13.12% |
Book Value vs Market Value Analysis
This analysis compares Hyundai Glovis'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: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.13x to 1.94x 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 | ₩106381.04 | ₩227000.00 | x |
| 2018-12-31 | ₩113604.53 | ₩227000.00 | x |
| 2019-12-31 | ₩124540.87 | ₩227000.00 | x |
| 2020-12-31 | ₩135078.59 | ₩227000.00 | x |
| 2021-12-31 | ₩154732.06 | ₩227000.00 | x |
| 2022-12-31 | ₩183093.53 | ₩227000.00 | x |
| 2023-12-31 | ₩206809.82 | ₩227000.00 | x |
| 2024-12-31 | ₩116975.36 | ₩227000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyundai Glovis 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): 12.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.85%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.92x
- Recent ROE (12.47%) is below the historical average (17.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 21.34% | 4.40% | 2.47x | 1.96x | ₩42.49 Billion |
| 2006 | 15.27% | 3.00% | 2.71x | 1.88x | ₩23.11 Billion |
| 2007 | 15.69% | 2.78% | 2.87x | 1.97x | ₩29.63 Billion |
| 2008 | 18.70% | 3.18% | 2.79x | 2.11x | ₩54.56 Billion |
| 2009 | 23.00% | 4.76% | 2.11x | 2.29x | ₩108.34 Billion |
| 2010 | 23.76% | 3.68% | 3.05x | 2.12x | ₩154.14 Billion |
| 2011 | 24.05% | 3.76% | 2.49x | 2.57x | ₩209.63 Billion |
| 2012 | 25.93% | 4.24% | 2.76x | 2.22x | ₩305.74 Billion |
| 2013 | 20.62% | 3.74% | 2.54x | 2.17x | ₩247.90 Billion |
| 2014 | 19.35% | 3.85% | 2.25x | 2.24x | ₩259.13 Billion |
| 2015 | 12.17% | 2.57% | 1.96x | 2.42x | ₩67.30 Billion |
| 2016 | 14.54% | 3.30% | 1.93x | 2.29x | ₩157.89 Billion |
| 2017 | 17.06% | 4.16% | 2.00x | 2.05x | ₩281.57 Billion |
| 2018 | 10.27% | 2.59% | 1.94x | 2.04x | ₩11.35 Billion |
| 2019 | 10.76% | 2.75% | 1.80x | 2.17x | ₩35.29 Billion |
| 2020 | 11.97% | 3.67% | 1.52x | 2.15x | ₩99.66 Billion |
| 2021 | 13.49% | 3.59% | 1.79x | 2.10x | ₩202.65 Billion |
| 2022 | 17.33% | 4.41% | 1.94x | 2.02x | ₩503.22 Billion |
| 2023 | 13.68% | 4.13% | 1.74x | 1.90x | ₩285.60 Billion |
| 2024 | 12.47% | 3.85% | 1.69x | 1.92x | ₩216.54 Billion |
Industry Comparison
This section compares Hyundai Glovis's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $424,237,362,361
- Average return on equity (ROE) among peers: 5.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyundai Glovis (086280) | ₩9.84 Trillion | 21.34% | 0.78x | $11.54 Billion |
| CJ Korea Express (000120) | $782.76 Billion | 2.41% | 0.64x | $1.37 Billion |
| Kukbo Co. Ltd. (001140) | $29.77 Billion | -12.93% | 2.30x | $150.40K |
| Hanjin Transportation Co. Ltd. (002320) | $1.37 Trillion | 11.55% | 1.82x | $194.21 Million |
| Dongbang Trans (004140) | $130.28 Billion | 0.63% | 3.36x | $94.42 Million |
| Sebang (004360) | $353.34 Billion | 4.32% | 1.06x | $197.89 Million |
| Sebang Co Ltd (004365) | $1.13 Trillion | 7.53% | 0.30x | $25.78 Million |
| KCTC Co. Ltd (009070) | $118.18 Billion | 3.95% | 0.59x | $120.56 Million |
| Hansol Csn (009180) | $130.12 Billion | 6.67% | 1.06x | $60.57 Million |
| Han Express (014130) | $27.86 Billion | 21.22% | 2.07x | $22.27 Million |
| Yoosung T&S Co. Ltd (024800) | $161.47 Billion | 6.95% | 1.28x | $100.38 Million |
About Hyundai Glovis
Hyundai Glovis Co., Ltd. operates as logistics and distribution company in South Korea and internationally. It offers in/outbound logistics services comprising export, import, packaging, and storage of products; vehicle transportation, pre-delivery inspection, parking in yard, and port loading/unloading services; parts logistics services; bulk logistics services; general logistics services, inclu… Read more