Hana Financial
Hana Financial Group Inc., through its subsidiaries, provides financial services in South Korea. The company provides deposits, household loans, business loans, trusts, credit cards, international foreign-exchange services, and bancassurance; securities trading, brokerage services, underwriting, and inducement activities; issues credit/debit cards and settlement, card loans, mobile payment, and M… Read more
Hana Financial (086790) - Net Assets
Latest net assets as of September 2025: ₩45.00 Trillion KRW
Based on the latest financial reports, Hana Financial (086790) has net assets worth ₩45.00 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 (₩659.08 Trillion) and total liabilities (₩614.08 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 | ₩45.00 Trillion |
| % of Total Assets | 6.83% |
| Annual Growth Rate | 10.42% |
| 5-Year Change | 37.9% |
| 10-Year Change | 89.7% |
| Growth Volatility | 9.74 |
Hana Financial - Net Assets Trend (2005–2024)
This chart illustrates how Hana Financial's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hana Financial (2005–2024)
The table below shows the annual net assets of Hana Financial from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩43.58 Trillion | +8.45% |
| 2023-12-31 | ₩40.18 Trillion | +7.38% |
| 2022-12-31 | ₩37.42 Trillion | +5.41% |
| 2021-12-31 | ₩35.50 Trillion | +12.34% |
| 2020-12-31 | ₩31.60 Trillion | +9.02% |
| 2019-12-31 | ₩28.98 Trillion | +6.92% |
| 2018-12-31 | ₩27.11 Trillion | +9.19% |
| 2017-12-31 | ₩24.83 Trillion | +6.15% |
| 2016-12-31 | ₩23.39 Trillion | +1.82% |
| 2015-12-31 | ₩22.97 Trillion | +4.92% |
| 2014-12-31 | ₩21.89 Trillion | +4.81% |
| 2013-12-31 | ₩20.89 Trillion | +2.53% |
| 2012-12-31 | ₩20.37 Trillion | +37.47% |
| 2011-12-31 | ₩14.82 Trillion | +30.34% |
| 2010-12-31 | ₩11.37 Trillion | +14.95% |
| 2009-12-31 | ₩9.89 Trillion | +6.36% |
| 2008-12-31 | ₩9.30 Trillion | -2.81% |
| 2007-12-31 | ₩9.57 Trillion | +19.52% |
| 2006-12-31 | ₩8.01 Trillion | +20.77% |
| 2005-12-31 | ₩6.63 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hana Financial'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 23411.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩27.64 Trillion | 64.73% |
| Other Components | ₩15.06 Trillion | 35.27% |
| Total Equity | ₩42.70 Trillion | 100.00% |
Hana Financial Competitors by Market Cap
The table below lists competitors of Hana Financial ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Dongshan Precision Manufacturing Co Ltd
SHE:002384
|
$19.47 Billion |
|
Fortescue Ltd
AU:FMG
|
$19.47 Billion |
|
XPO Logistics Inc
NYSE:XPO
|
$19.49 Billion |
|
Reddit, Inc.
NYSE:RDDT
|
$19.49 Billion |
|
Expeditors International of Washington, Inc.
NASDAQ:EXPD
|
$19.44 Billion |
|
Epiroc AB (publ)
PINK:EPIAF
|
$19.40 Billion |
|
Wanhua Chemical Group Co Ltd
SHG:600309
|
$19.35 Billion |
|
WuXi AppTec Co. Ltd
PINK:WUXIF
|
$19.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hana Financial's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,343,318,000,000 to 42,701,020,000,000, a change of 3,357,702,000,000 (8.5%).
- Net income of 3,738,849,000,000 contributed positively to equity growth.
- Dividend payments of 1,125,116,000,000 reduced retained earnings.
- Share repurchases of 396,885,000,000 reduced equity.
- Other factors increased equity by 1,140,854,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.74 Trillion | +8.76% |
| Dividends Paid | ₩1.13 Trillion | -2.63% |
| Share Repurchases | ₩396.88 Billion | -0.93% |
| Other Changes | ₩1.14 Trillion | +2.67% |
| Total Change | ₩- | 8.53% |
Book Value vs Market Value Analysis
This analysis compares Hana Financial'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: 0.72x
- 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 1.36x to 0.72x 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 | ₩80653.53 | ₩109900.00 | x |
| 2018-12-31 | ₩88026.21 | ₩109900.00 | x |
| 2019-12-31 | ₩96460.90 | ₩109900.00 | x |
| 2020-12-31 | ₩105341.33 | ₩109900.00 | x |
| 2021-12-31 | ₩117362.56 | ₩109900.00 | x |
| 2022-12-31 | ₩124934.90 | ₩109900.00 | x |
| 2023-12-31 | ₩136600.87 | ₩109900.00 | x |
| 2024-12-31 | ₩151798.39 | ₩109900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hana Financial 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): 8.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.94%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 14.94x
- Recent ROE (8.76%) is above the historical average (7.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 3.45% | 13.35% | 0.02x | 15.31x | ₩-410.29 Billion |
| 2006 | 13.19% | 14.11% | 0.06x | 14.92x | ₩248.39 Billion |
| 2007 | 13.92% | 11.11% | 0.09x | 13.54x | ₩365.71 Billion |
| 2008 | 5.41% | 1.27% | 0.24x | 17.66x | ₩-410.19 Billion |
| 2009 | 3.21% | 1.15% | 0.18x | 15.75x | ₩-648.37 Billion |
| 2010 | 9.47% | 4.78% | 0.13x | 14.85x | ₩-56.73 Billion |
| 2011 | 8.57% | 11.91% | 0.06x | 12.66x | ₩-201.94 Billion |
| 2012 | 10.05% | 11.48% | 0.05x | 18.02x | ₩8.61 Billion |
| 2013 | 4.59% | 6.35% | 0.05x | 14.81x | ₩-1.08 Trillion |
| 2014 | 4.35% | 7.36% | 0.04x | 14.94x | ₩-1.19 Trillion |
| 2015 | 4.11% | 7.66% | 0.04x | 14.76x | ₩-1.31 Trillion |
| 2016 | 6.22% | 20.91% | 0.02x | 15.48x | ₩-849.03 Billion |
| 2017 | 8.53% | 26.27% | 0.02x | 15.08x | ₩-350.53 Billion |
| 2018 | 8.45% | 27.43% | 0.02x | 14.57x | ₩-409.59 Billion |
| 2019 | 8.50% | 26.94% | 0.02x | 14.99x | ₩-420.86 Billion |
| 2020 | 8.59% | 25.98% | 0.02x | 14.99x | ₩-434.13 Billion |
| 2021 | 10.30% | 32.46% | 0.02x | 14.68x | ₩104.20 Billion |
| 2022 | 9.75% | 29.35% | 0.02x | 15.62x | ₩-90.25 Billion |
| 2023 | 8.70% | 26.00% | 0.02x | 15.05x | ₩-512.62 Billion |
| 2024 | 8.76% | 27.94% | 0.02x | 14.94x | ₩-531.25 Billion |
Industry Comparison
This section compares Hana Financial's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $8,917,521,340,398
- Average return on equity (ROE) among peers: 6.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hana Financial (086790) | ₩45.00 Trillion | 3.45% | 13.65x | $19.46 Billion |
| Jeju Bank (006220) | $103.63 Billion | 4.58% | 16.33x | $73.09 Million |
| Industrial Bank Of Korea (024110) | $29.11 Trillion | 9.53% | 13.84x | $5.09 Billion |
| Dgb Financial (139130) | $3.78 Trillion | 7.79% | 12.54x | $1.56 Billion |
| Jb Financial (175330) | $2.68 Trillion | 4.28% | 13.86x | $2.60 Billion |