Hyungji Elite Net Assets
Hyungji Elite net assets. Based on the latest financial reports, Hyungji Elite (093240) has net assets worth ₩117.99 Billion KRW (≈ $79.96 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩214.54 Billion ≈ $145.39 Million USD) and total liabilities (₩96.55 Billion ≈ $65.43 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. Also explore how fast is Hyungji Elite growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩117.99 Billion |
| % of Total Assets | 55.0% |
| Annual Growth Rate | 5.14% |
| 5-Year Change | 48.34% |
| 10-Year Change | 29.0% |
| Growth Volatility | 19.02 |
Net Assets of Hyungji Elite (2012–2025)
Net assets of Hyungji Elite from 2012 to 2025. This chart illustrates how Hyungji Elite's net assets have evolved over time, based on quarterly financial data. See 093240 equity financing ratio to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see 093240 market cap.
| 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 |
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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.
Hyungji Elite Net Assets Breakdown (June 2025)
Hyungji Elite net assets breakdown by equity component as of 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 |
|---|---|
|
TSKB Gayrimenkul Yatirim Ortakligi AS
IS:TSGYO
|
$59.69 Million |
|
Ama Marine Public Company Limited
BK:AMA
|
$59.73 Million |
|
Bookook Securities Co Ltd
KO:001275
|
$59.75 Million |
|
Linc Limited
NSE:LINC
|
$59.75 Million |
|
Ensurge Micropower ASA
OL:ENSU
|
$59.64 Million |
|
Alcatel Lucent Teletas Telekomunikasyon AS
IS:ALCTL
|
$59.59 Million |
|
AB Science S.A
PA:AB
|
$59.59 Million |
|
MS Autotech Co.Ltd
KQ:123040
|
$59.58 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: 0.70x
- 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 0.50x to 0.70x 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 | ₩1441.00 | x |
| 2018-06-30 | ₩2706.32 | ₩1441.00 | x |
| 2019-06-30 | ₩2053.24 | ₩1441.00 | x |
| 2020-06-30 | ₩2026.60 | ₩1441.00 | x |
| 2021-06-30 | ₩1952.00 | ₩1441.00 | x |
| 2022-06-30 | ₩2199.51 | ₩1441.00 | x |
| 2023-06-30 | ₩2270.22 | ₩1441.00 | x |
| 2024-06-30 | ₩2448.95 | ₩1441.00 | x |
| 2025-06-30 | ₩2049.20 | ₩1441.00 | 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: $535,062,070,368
- Average return on equity (ROE) among peers: 12.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyungji Elite (093240) | ₩117.99 Billion | 4.40% | 0.82x | $59.65 Million |
| BYC Co. Ltd (001460) | $481.81 Billion | 6.20% | 0.42x | $144.35 Million |
| BYC Co Ltd (001465) | $481.81 Billion | 6.20% | 0.42x | $33.78 Million |
| Vivien Corp (002070) | $148.97 Billion | 0.00% | 0.51x | $7.22 Million |
| SG Corporation (004060) | $261.08 Billion | 0.34% | 0.13x | $26.96 Million |
| Kuk Dong (005320) | $109.06 Billion | 1.27% | 0.60x | $51.33 Million |
| Shinsung Tngsn (005390) | $107.52 Billion | 112.32% | 1.49x | $399.30 Million |
| Shinyoung Waco (005800) | $272.12 Billion | 0.58% | 0.11x | $80.08 Million |
| F&F Holdings Co. Ltd (007700) | $3.20 Trillion | 3.83% | 0.20x | $354.00 Million |
| Pan-Pacific (007980) | $161.11 Billion | 1.50% | 2.52x | $49.28 Million |
| Willbes (008600) | $132.09 Billion | -5.05% | 1.31x | $116.83 Million |
About Hyungji Elite
hyungji Elite Co., Ltd. together with its subsidiaries, manufactures and sells clothing products, including student uniforms, fashion apparel, specialty uniforms, sportswear, and real estate rental activities in South Korea and internationally. It operates through five segments: Elite Business Division, Fashion Clothing Business Division, Rental Business Sector, Special Business Division, and Spo… Read more