Hanwha Life (088350) - Net Assets

Latest as of June 2025: ₩15.55 Trillion KRW ≈ $10.54 Billion USD

Based on the latest financial reports, Hanwha Life (088350) has net assets worth ₩15.55 Trillion KRW (≈ $10.54 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩168.94 Trillion ≈ $114.49 Billion USD) and total liabilities (₩153.39 Trillion ≈ $103.95 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 Hanwha Life asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩15.55 Trillion
% of Total Assets	9.2%
Annual Growth Rate	N/A
5-Year Change	2.39%
10-Year Change	65.2%
Growth Volatility	43.54

Hanwha Life - Net Assets Trend (1999–2024)

This chart illustrates how Hanwha Life's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hanwha Life's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Hanwha Life (1999–2024)

The table below shows the annual net assets of Hanwha Life from 1999 to 2024. For live valuation and market cap data, see 088350 company net worth.

Year	Net Assets	Change
2024-12-31	₩14.28 Trillion ≈ $9.68 Billion	-7.74%
2023-12-31	₩15.48 Trillion ≈ $10.49 Billion	+93.07%
2022-12-31	₩8.02 Trillion ≈ $5.43 Billion	-40.27%
2021-12-31	₩13.42 Trillion ≈ $9.09 Billion	-3.76%
2020-12-31	₩13.94 Trillion ≈ $9.45 Billion	-0.35%
2019-12-31	₩13.99 Trillion ≈ $9.48 Billion	+22.43%
2018-12-31	₩11.43 Trillion ≈ $7.75 Billion	+11.64%
2017-12-31	₩10.24 Trillion ≈ $6.94 Billion	+11.78%
2016-12-31	₩9.16 Trillion ≈ $6.21 Billion	+5.98%
2015-12-31	₩8.64 Trillion ≈ $5.86 Billion	-0.11%
2014-12-31	₩8.65 Trillion ≈ $5.86 Billion	+23.84%
2013-12-31	₩6.99 Trillion ≈ $4.73 Billion	-0.88%
2012-12-31	₩7.05 Trillion ≈ $4.78 Billion	+8.15%
2011-12-31	₩6.52 Trillion ≈ $4.42 Billion	+2.93%
2010-12-31	₩6.33 Trillion ≈ $4.29 Billion	+8.58%
2009-12-31	₩5.83 Trillion ≈ $3.95 Billion	+59.42%
2008-12-31	₩3.66 Trillion ≈ $2.48 Billion	-1.29%
2007-12-31	₩3.71 Trillion ≈ $2.51 Billion	+6.05%
2006-12-31	₩3.49 Trillion ≈ $2.37 Billion	+11.51%
2005-12-31	₩3.13 Trillion ≈ $2.12 Billion	+9.44%
2004-12-31	₩2.86 Trillion ≈ $1.94 Billion	+28.64%
2003-12-31	₩2.23 Trillion ≈ $1.51 Billion	+38.64%
2002-12-31	₩1.61 Trillion ≈ $1.09 Billion	+188.29%
2001-12-31	₩556.88 Billion ≈ $377.39 Million	+130.18%
2000-12-31	₩-1.85 Trillion ≈ $-1.25 Billion	-16.57%
1999-12-31	₩-1.58 Trillion ≈ $-1.07 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Hanwha Life'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 820597292626000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩8.21 Trillion	69.57%
Other Components	₩3.59 Trillion	30.43%
Total Equity	₩11.79 Trillion	100.00%

Hanwha Life Competitors by Market Cap

The table below lists competitors of Hanwha Life ranked by their market capitalization.

Company	Market Cap
China Railway Materials Co Ltd SHE:000927	$2.49 Billion
CIMC Enric Holdings Limited F:E8F	$2.49 Billion
Farasis Energy Gan Zhou Co Ltd SHG:688567	$2.49 Billion
TISCO Financial Group Public Company Limited F:47TA	$2.49 Billion
CompoSecure, Inc. NASDAQ:CMPO	$2.49 Billion
Genting Bhd KLSE:3182	$2.48 Billion
Guangdong Create Century Intelligent Equipment Group Corp Ltd SHE:300083	$2.48 Billion
Runjian Communication Co Ltd Class A SHE:002929	$2.48 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hanwha Life's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 13,038,171,149,190 to 11,794,856,554,790, a change of -1,243,314,594,400 (-9.5%).
Net income of 737,253,509,030 contributed positively to equity growth.
Dividend payments of 139,796,585,440 reduced retained earnings.
Other factors decreased equity by 1,840,771,517,990.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩737.25 Billion	+6.25%
Dividends Paid	₩139.80 Billion	-1.19%
Other Changes	₩-1.84 Trillion	-15.61%
Total Change	₩-	-9.54%

Book Value vs Market Value Analysis

This analysis compares Hanwha Life'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: 0.31x
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	₩12445.67	₩4885.00	x
2018-12-31	₩13717.10	₩4885.00	x
2019-12-31	₩16883.18	₩4885.00	x
2020-12-31	₩16857.32	₩4885.00	x
2021-12-31	₩15003.99	₩4885.00	x
2022-12-31	₩9019.87	₩4885.00	x
2023-12-31	₩17352.06	₩4885.00	x
2024-12-31	₩15697.38	₩4885.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hanwha Life 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): 6.25%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.43%
• Asset Turnover: 0.10x
• Equity Multiplier: 13.58x
Recent ROE (6.25%) is below the historical average (6.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	7.40%	3.54%	0.19x	11.09x	₩-147.63 Billion
2010	7.71%	3.46%	0.20x	11.13x	₩-141.13 Billion
2011	7.85%	4.70%	0.16x	10.60x	₩-139.82 Billion
2012	6.97%	3.49%	0.18x	11.06x	₩-213.85 Billion
2013	6.78%	4.84%	0.12x	11.79x	₩-224.99 Billion
2014	4.69%	2.92%	0.15x	10.65x	₩-459.75 Billion
2015	6.13%	3.42%	0.16x	11.52x	₩-334.14 Billion
2016	9.33%	4.24%	0.16x	14.00x	₩-57.56 Billion
2017	6.25%	2.77%	0.17x	13.47x	₩-350.22 Billion
2018	4.03%	1.93%	0.16x	12.82x	₩-615.42 Billion
2019	0.79%	0.45%	0.16x	11.18x	₩-1.17 Trillion
2020	1.86%	1.17%	0.14x	11.75x	₩-1.03 Trillion
2021	10.57%	5.64%	0.13x	14.51x	₩63.93 Billion
2022	10.82%	3.00%	0.15x	23.79x	₩55.62 Billion
2023	5.82%	4.42%	0.12x	11.34x	₩-545.34 Billion
2024	6.25%	4.43%	0.10x	13.58x	₩-442.23 Billion

Industry Comparison

This section compares Hanwha Life's net assets metrics with peer companies in the Insurance - Life industry.

Industry Context

Industry: Insurance - Life
Average net assets among peers: $23,079,123,677,047
Average return on equity (ROE) among peers: 6.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hanwha Life (088350)	₩15.55 Trillion	7.40%	9.86x	$2.49 Billion
Samsung Life (032830)	$64.84 Trillion	3.55%	4.41x	$30.36 Billion
Tongyang Life (082640)	$2.90 Trillion	8.26%	10.32x	$878.88 Million
Mirae Asset Life Insurance Co Ltd (085620)	$1.50 Trillion	8.08%	15.48x	$1.41 Billion

About Hanwha Life

KO:088350 Korea Insurance - Life

Market Cap

$2.49 Billion

₩3.67 Trillion KRW

Market Cap Rank

#5502 Global

#136 in Korea

Share Price

₩4885.00

Change (1 day)

-3.84%

52-Week Range

₩2535.00 - ₩6600.00

All Time High

₩7250.92