Hyungji Elite (093240) - Net Assets

Latest as of December 2025: ₩94.36 Billion KRW ≈ $63.95 Million USD

Based on the latest financial reports, Hyungji Elite (093240) has net assets worth ₩94.36 Billion KRW (≈ $63.95 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩186.57 Billion ≈ $126.43 Million USD) and total liabilities (₩92.21 Billion ≈ $62.49 Million 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 Hyungji Elite asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩94.36 Billion
% of Total Assets	50.58%
Annual Growth Rate	5.14%
5-Year Change	48.34%
10-Year Change	29.0%
Growth Volatility	19.02

Hyungji Elite - Net Assets Trend (2012–2025)

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

Annual Net Assets for Hyungji Elite (2012–2025)

The table below shows the annual net assets of Hyungji Elite from 2012 to 2025. For live valuation and market cap data, see market cap of Hyungji Elite.

Year	Net Assets	Change
2025-06-30	₩89.31 Billion ≈ $60.53 Million	+18.38%
2024-06-30	₩75.44 Billion ≈ $51.13 Million	+7.89%
2023-06-30	₩69.93 Billion ≈ $47.39 Million	+3.23%
2022-06-30	₩67.74 Billion ≈ $45.91 Million	+12.50%
2021-06-30	₩60.21 Billion ≈ $40.80 Million	-3.73%
2020-06-30	₩62.55 Billion ≈ $42.39 Million	-1.32%
2019-06-30	₩63.38 Billion ≈ $42.95 Million	+7.13%
2018-06-30	₩59.16 Billion ≈ $40.09 Million	-2.53%
2017-06-30	₩60.70 Billion ≈ $41.14 Million	-12.32%
2016-06-30	₩69.23 Billion ≈ $46.92 Million	-24.06%
2015-06-30	₩91.17 Billion ≈ $61.79 Million	+60.39%
2014-06-30	₩56.85 Billion ≈ $38.52 Million	+15.07%
2013-06-30	₩49.40 Billion ≈ $33.48 Million	+6.11%
2012-06-30	₩46.55 Billion ≈ $31.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hyungji Elite'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 1776274591000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	₩17.76 Billion	19.86%
Other Components	₩71.66 Billion	80.14%
Total Equity	₩89.43 Billion	100.00%

Hyungji Elite Competitors by Market Cap

The table below lists competitors of Hyungji Elite ranked by their market capitalization.

Company	Market Cap
Skin n Skin Co. Ltd KQ:159910	$28.25 Million
Microlink Solutions Bhd KLSE:0126	$28.27 Million
SKY E&M Co. Ltd KQ:131100	$28.27 Million
IFS Capital (Thailand) Public Company Limited BK:IFS	$28.30 Million
Utron Ltd TA:UTRN	$28.22 Million
Communication & System Solution Public Company Limited BK:CSS	$28.22 Million
Qinetiq Group PLC LSE:QQ	$28.21 Million
Tikun Olam Cannbit Pharmaceuticals Ltd TA:TKUN	$28.21 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 75,551,164,430 to 89,425,223,230, a change of 13,874,058,800 (18.4%).
Net loss of 1,286,610,860 reduced equity.
Other factors increased equity by 15,160,669,660.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-1.29 Billion	-1.44%
Other Changes	₩15.16 Billion	+16.95%
Total Change	₩-	18.36%

Book Value vs Market Value Analysis

This analysis compares Hyungji Elite'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: 0.47x
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 increased from 0.33x to 0.47x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-06-30	₩2868.29	₩955.00	x
2018-06-30	₩2706.32	₩955.00	x
2019-06-30	₩2053.24	₩955.00	x
2020-06-30	₩2026.60	₩955.00	x
2021-06-30	₩1952.00	₩955.00	x
2022-06-30	₩2199.51	₩955.00	x
2023-06-30	₩2270.22	₩955.00	x
2024-06-30	₩2448.95	₩955.00	x
2025-06-30	₩2049.20	₩955.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hyungji Elite 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): -1.44%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.77%
• Asset Turnover: 0.90x
• Equity Multiplier: 2.07x
Recent ROE (-1.44%) is above the historical average (-2.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	4.40%	2.73%	1.23x	1.31x	₩-3.18 Billion
2015	26.34%	27.54%	0.45x	2.11x	₩14.59 Billion
2016	-34.47%	-15.24%	0.75x	3.01x	₩-30.69 Billion
2017	-16.21%	-5.64%	1.05x	2.74x	₩-15.88 Billion
2018	-10.38%	-3.69%	1.20x	2.35x	₩-12.04 Billion
2019	-15.12%	-6.20%	1.28x	1.91x	₩-15.91 Billion
2020	-2.03%	-0.86%	1.28x	1.85x	₩-7.52 Billion
2021	-1.24%	-0.55%	1.04x	2.17x	₩-6.77 Billion
2022	11.92%	5.89%	1.26x	1.61x	₩1.30 Billion
2023	2.85%	2.11%	0.76x	1.79x	₩-5.01 Billion
2024	8.43%	4.80%	0.93x	1.90x	₩-1.18 Billion
2025	-1.44%	-0.77%	0.90x	2.07x	₩-10.23 Billion

Industry Comparison

This section compares Hyungji Elite's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

Industry: Apparel Manufacturing
Average net assets among peers: $473,251,724,875
Average return on equity (ROE) among peers: 17.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hyungji Elite (093240)	₩94.36 Billion	4.40%	0.98x	$28.24 Million
BYC Co. Ltd (001460)	$308.81 Billion	8.68%	0.55x	$214.10 Million
BYC Co Ltd (001465)	$434.33 Billion	6.39%	0.60x	$47.72 Million
Vivien Corp (002070)	$131.47 Billion	5.76%	0.28x	$327.51 Million
SG Corporation (004060)	$199.84 Billion	-1.89%	0.51x	$65.59 Million
Kuk Dong (005320)	$45.00 Billion	2.12%	1.52x	$26.80 Million
Shinsung Tngsn (005390)	$107.52 Billion	112.32%	1.49x	$399.30 Million
Shinyoung Waco (005800)	$272.12 Billion	0.58%	0.11x	$92.10 Million
F&F Holdings Co. Ltd (007700)	$2.89 Trillion	4.58%	0.24x	$536.16 Million
Pan-Pacific (007980)	$150.99 Billion	6.69%	2.69x	$67.60 Million
Willbes (008600)	$193.41 Billion	32.99%	0.96x	$116.83 Million

About Hyungji Elite

KO:093240 Korea Apparel Manufacturing

Market Cap

$28.24 Million

₩41.68 Billion KRW

Market Cap Rank

#23895 Global

#1731 in Korea

Share Price

₩955.00

Change (1 day)

+0.53%

52-Week Range

₩943.00 - ₩3635.00

All Time High

₩9968.68