HJ ShipBuilding & Construction Co Ltd (097230) - Net Assets
Based on the latest financial reports, HJ ShipBuilding & Construction Co Ltd (097230) has net assets worth ₩347.31 Billion KRW (≈ $235.36 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.29 Trillion ≈ $1.55 Billion USD) and total liabilities (₩1.94 Trillion ≈ $1.32 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. Also explore HJ ShipBuilding & Construction Co Ltd balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩347.31 Billion |
| % of Total Assets | 15.18% |
| Annual Growth Rate | -5.73% |
| 5-Year Change | 7.31% |
| 10-Year Change | -70.85% |
| Growth Volatility | 65.42 |
HJ ShipBuilding & Construction Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how HJ ShipBuilding & Construction Co Ltd's net assets have evolved over time, based on quarterly financial data. Check HJ ShipBuilding & Construction Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for HJ ShipBuilding & Construction Co Ltd (2007–2024)
The table below shows the annual net assets of HJ ShipBuilding & Construction Co Ltd from 2007 to 2024. For live valuation and market cap data, see HJ ShipBuilding & Construction Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩343.40 Billion ≈ $232.72 Million |
+0.73% |
| 2023-12-31 | ₩340.91 Billion ≈ $231.03 Million |
-11.45% |
| 2022-12-31 | ₩384.99 Billion ≈ $260.90 Million |
-10.88% |
| 2021-12-31 | ₩432.00 Billion ≈ $292.76 Million |
+35.00% |
| 2020-12-31 | ₩320.00 Billion ≈ $216.86 Million |
+30.62% |
| 2019-12-31 | ₩244.99 Billion ≈ $166.03 Million |
+134.59% |
| 2018-12-31 | ₩-708.19 Billion ≈ $-479.93 Million |
-222.69% |
| 2017-12-31 | ₩577.20 Billion ≈ $391.16 Million |
-35.52% |
| 2016-12-31 | ₩895.18 Billion ≈ $606.65 Million |
-24.01% |
| 2015-12-31 | ₩1.18 Trillion ≈ $798.34 Million |
-25.11% |
| 2014-12-31 | ₩1.57 Trillion ≈ $1.07 Billion |
-4.02% |
| 2013-12-31 | ₩1.64 Trillion ≈ $1.11 Billion |
-4.46% |
| 2012-12-31 | ₩1.72 Trillion ≈ $1.16 Billion |
-8.11% |
| 2011-12-31 | ₩1.87 Trillion ≈ $1.27 Billion |
-7.52% |
| 2010-12-31 | ₩2.02 Trillion ≈ $1.37 Billion |
-2.99% |
| 2009-12-31 | ₩2.08 Trillion ≈ $1.41 Billion |
-1.14% |
| 2008-12-31 | ₩2.10 Trillion ≈ $1.43 Billion |
+124.76% |
| 2007-12-31 | ₩936.47 Billion ≈ $634.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HJ ShipBuilding & Construction Co Ltd'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 decreased by 146276000000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩1.81 Trillion | 525.90% |
| Total Equity | ₩343.45 Billion | 100.00% |
HJ ShipBuilding & Construction Co Ltd Competitors by Market Cap
The table below lists competitors of HJ ShipBuilding & Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vulcan Energy Resources Limited
AU:VUL
|
$887.35 Million |
|
V2 Retail Limited
NSE:V2RETAIL
|
$887.51 Million |
|
Barings BDC Inc
NYSE:BBDC
|
$887.54 Million |
|
Sichuan Xunyou Network Technology Co Ltd
SHE:300467
|
$888.49 Million |
|
Corticeira Amorim
LS:COR
|
$887.11 Million |
|
Cendes Co Ltd Class A
SHE:300492
|
$887.10 Million |
|
Standard Lithium Ltd
NYSE MKT:SLI
|
$886.39 Million |
|
Zhejiang Hailide New Material Co Ltd
SHE:002206
|
$886.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HJ ShipBuilding & Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 340,793,000,000 to 343,448,000,000, a change of 2,655,000,000 (0.8%).
- Net income of 5,343,000,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.34 Billion | +1.56% |
| Other Changes | ₩-2.69 Billion | -0.78% |
| Total Change | ₩- | 0.78% |
Book Value vs Market Value Analysis
This analysis compares HJ ShipBuilding & Construction Co Ltd'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: 3.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.53x to 3.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩27254.18 | ₩14500.00 | x |
| 2018-12-31 | ₩-33373.48 | ₩14500.00 | x |
| 2019-12-31 | ₩2943.42 | ₩14500.00 | x |
| 2020-12-31 | ₩3843.73 | ₩14500.00 | x |
| 2021-12-31 | ₩5188.92 | ₩14500.00 | x |
| 2022-12-31 | ₩4624.28 | ₩14500.00 | x |
| 2023-12-31 | ₩4092.71 | ₩14500.00 | x |
| 2024-12-31 | ₩4124.59 | ₩14500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HJ ShipBuilding & Construction Co Ltd 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): 1.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.28%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 6.42x
- Recent ROE (1.56%) is above the historical average (-4.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 3.03% | 2.33% | 0.25x | 5.21x | ₩-65.24 Billion |
| 2008 | 2.99% | 1.85% | 0.42x | 3.82x | ₩-147.49 Billion |
| 2009 | 2.48% | 1.40% | 0.45x | 3.93x | ₩-156.45 Billion |
| 2013 | -11.54% | -7.47% | 0.38x | 4.08x | ₩-352.73 Billion |
| 2014 | -19.02% | -11.88% | 0.39x | 4.11x | ₩-456.71 Billion |
| 2015 | -33.27% | -12.80% | 0.53x | 4.88x | ₩-510.08 Billion |
| 2016 | -37.33% | -11.89% | 0.54x | 5.87x | ₩-424.03 Billion |
| 2017 | -48.11% | -11.34% | 0.58x | 7.28x | ₩-335.80 Billion |
| 2018 | 0.00% | -75.62% | 0.62x | 0.00x | ₩-1.21 Trillion |
| 2019 | 124.75% | 18.77% | 0.66x | 10.08x | ₩281.24 Billion |
| 2020 | 24.47% | 4.62% | 0.77x | 6.85x | ₩46.30 Billion |
| 2021 | -32.36% | -8.19% | 0.72x | 5.52x | ₩-183.04 Billion |
| 2022 | -13.03% | -2.81% | 0.70x | 6.67x | ₩-88.67 Billion |
| 2023 | -33.45% | -5.27% | 0.75x | 8.48x | ₩-148.09 Billion |
| 2024 | 1.56% | 0.28% | 0.86x | 6.42x | ₩-29.00 Billion |
Industry Comparison
This section compares HJ ShipBuilding & Construction Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,282,990,666,646
- Average return on equity (ROE) among peers: 12.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HJ ShipBuilding & Construction Co Ltd (097230) | ₩347.31 Billion | 3.03% | 5.59x | $887.22 Million |
| Hyundai Engineering & Construction (000720) | $2.92 Trillion | 12.07% | 1.95x | $7.08 Billion |
| Hyundai Engineering & Construction Co Ltd (000725) | $8.77 Trillion | 1.40% | 1.05x | $33.99 Million |
| Nam Kwang Cons (001260) | $43.31 Billion | 3.93% | 2.84x | $49.46 Million |
| Sambu Const (001470) | $132.25 Billion | 0.00% | 11.59x | $54.01 Million |
| Dohwa Engin (002150) | $93.84 Billion | 22.84% | 0.41x | $109.44 Million |
| Bumyang Construction Co Ltd (002410) | $70.00 Billion | 28.17% | 0.98x | $36.03 Million |
| Hwa Sung Ind (002460) | $416.98 Billion | 7.16% | 0.94x | $68.57 Million |
| Chin Hung Int' (002780) | $-10.01 Billion | 0.00% | 0.00x | $74.11 Million |
| Chinhung International Inc (002785) | $170.95 Billion | 31.24% | 0.96x | $745.84K |
| Chinhung International Inc. Pfd. Series 2 (002787) | $224.73 Billion | 22.05% | 1.01x | $512.45K |
About HJ ShipBuilding & Construction Co Ltd
HJ Shipbuilding & Construction Co., Ltd. engages in the construction and shipbuilding business in South Korea. The company offers architecture, housing, infrastructure, plant, and research and development services. It also provides shipbuilding services, such as warships, special purpose ships, and commercial ships. The company was founded in 1937 and is based in Busan, South Korea. HJ Shipbuildi… Read more