Haitai Confectionery and Foods Co Ltd (101530) - Net Assets
Based on the latest financial reports, Haitai Confectionery and Foods Co Ltd (101530) has net assets worth ₩302.10 Billion KRW (≈ $204.73 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 (₩719.55 Billion ≈ $487.63 Million USD) and total liabilities (₩417.45 Billion ≈ $282.90 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 101530 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩302.10 Billion |
| % of Total Assets | 41.98% |
| Annual Growth Rate | 5.71% |
| 5-Year Change | 10.56% |
| 10-Year Change | N/A |
| Growth Volatility | 21.96 |
Haitai Confectionery and Foods Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Haitai Confectionery and Foods Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Haitai Confectionery and Foods Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Haitai Confectionery and Foods Co Ltd (2015–2024)
The table below shows the annual net assets of Haitai Confectionery and Foods Co Ltd from 2015 to 2024. For live valuation and market cap data, see Haitai Confectionery and Foods Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩291.56 Billion ≈ $197.59 Million |
+8.67% |
| 2023-12-31 | ₩268.30 Billion ≈ $181.82 Million |
+5.69% |
| 2022-12-31 | ₩253.87 Billion ≈ $172.04 Million |
-2.27% |
| 2021-12-31 | ₩259.75 Billion ≈ $176.03 Million |
-1.50% |
| 2020-12-31 | ₩263.72 Billion ≈ $178.72 Million |
+8.03% |
| 2019-12-31 | ₩244.12 Billion ≈ $165.43 Million |
-15.10% |
| 2018-12-31 | ₩287.54 Billion ≈ $194.86 Million |
-0.68% |
| 2017-12-31 | ₩289.50 Billion ≈ $196.19 Million |
-1.77% |
| 2016-12-31 | ₩294.71 Billion ≈ $199.72 Million |
+66.63% |
| 2015-12-31 | ₩176.86 Billion ≈ $119.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Haitai Confectionery and Foods 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 grown by 16.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩202.53 Billion | 69.67% |
| Other Components | ₩88.17 Billion | 30.33% |
| Total Equity | ₩290.71 Billion | 100.00% |
Haitai Confectionery and Foods Co Ltd Competitors by Market Cap
The table below lists competitors of Haitai Confectionery and Foods Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thien Viet Securities JSC
VN:TVS
|
$116.83 Million |
|
Willbes
KO:008600
|
$116.83 Million |
|
Hanshin Const
KO:004960
|
$116.84 Million |
|
Aurora World Corporation
KQ:039830
|
$116.86 Million |
|
Creative Newtech Limited
NSE:CREATIVE
|
$116.79 Million |
|
Hube Yangfan Holding Co Ltd
SHG:600421
|
$116.78 Million |
|
RF Industries Ltd
NASDAQ:RFIL
|
$116.67 Million |
|
GAMBLING.COM GRP ON
F:6WH
|
$116.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haitai Confectionery and Foods Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 267,528,225,970 to 290,706,740,650, a change of 23,178,514,680 (8.7%).
- Net income of 31,744,056,560 contributed positively to equity growth.
- Dividend payments of 5,303,532,390 reduced retained earnings.
- Other factors decreased equity by 3,262,009,490.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩31.74 Billion | +10.92% |
| Dividends Paid | ₩5.30 Billion | -1.82% |
| Other Changes | ₩-3.26 Billion | -1.12% |
| Total Change | ₩- | 8.66% |
Book Value vs Market Value Analysis
This analysis compares Haitai Confectionery and Foods 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: 0.59x
- 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 | ₩10869.75 | ₩6500.00 | x |
| 2018-12-31 | ₩10795.61 | ₩6500.00 | x |
| 2019-12-31 | ₩9178.16 | ₩6500.00 | x |
| 2020-12-31 | ₩9914.64 | ₩6500.00 | x |
| 2021-12-31 | ₩9762.14 | ₩6500.00 | x |
| 2022-12-31 | ₩9536.80 | ₩6500.00 | x |
| 2023-12-31 | ₩10088.68 | ₩6500.00 | x |
| 2024-12-31 | ₩10962.76 | ₩6500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haitai Confectionery and Foods 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): 10.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.05%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.41x
- Recent ROE (10.92%) is above the historical average (3.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 10.24% | 2.11% | 1.07x | 4.54x | ₩400.35 Million |
| 2016 | 8.83% | 3.19% | 1.00x | 2.78x | ₩-3.36 Billion |
| 2017 | 2.59% | 0.93% | 0.98x | 2.85x | ₩-21.37 Billion |
| 2018 | 0.85% | 0.34% | 0.91x | 2.78x | ₩-26.19 Billion |
| 2019 | -14.26% | -5.03% | 0.91x | 3.11x | ₩-59.05 Billion |
| 2020 | 10.44% | 4.87% | 0.91x | 2.36x | ₩1.16 Billion |
| 2021 | -0.15% | -0.07% | 0.87x | 2.53x | ₩-26.28 Billion |
| 2022 | -0.92% | -0.39% | 0.85x | 2.73x | ₩-27.62 Billion |
| 2023 | 8.09% | 3.46% | 0.91x | 2.56x | ₩-5.12 Billion |
| 2024 | 10.92% | 5.05% | 0.90x | 2.41x | ₩2.67 Billion |
Industry Comparison
This section compares Haitai Confectionery and Foods Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $624,762,189,955
- Average return on equity (ROE) among peers: 2.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haitai Confectionery and Foods Co Ltd (101530) | ₩302.10 Billion | 10.24% | 1.38x | $116.81 Million |
| Daehan Flour Mills Co Ltd (001130) | $238.84 Billion | 11.11% | 1.02x | $174.98 Million |
| Daesang Corp (001680) | $1.45 Trillion | 6.58% | 1.42x | $486.05 Million |
| Daesang Corp Preference Shares (001685) | $1.32 Trillion | 6.28% | 1.41x | $15.68 Million |
| Korea Ind (002140) | $88.76 Billion | 5.76% | 1.06x | $47.32 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $59.77 Million |
| Sam Yang Foods (003230) | $54.47 Billion | 7.75% | 2.83x | $5.05 Billion |
| Daejoo Inc (003310) | $50.50 Billion | 5.36% | 0.67x | $82.87 Million |
| Harim Holdings Co. Ltd (003380) | $2.10 Trillion | 14.57% | 4.53x | $864.77 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $19.75 Million |
| Namyang Dairy (003920) | $737.95 Billion | -10.63% | 0.22x | $209.00 Million |
About Haitai Confectionery and Foods Co Ltd
Haitai Confectionery&Foods Co.,ltd. produces and sells snack food products in Northeast Asia. Its products include dry confectioneries, ice creams, frozen food, chocolate, biscuits, candies, gums, and breads. The company was founded in 1945 and is headquartered in Seoul, South Korea. Haitai Confectionery&Foods Co.,ltd. is a subsidiary of CROWNHAITAI Holdings CO.,LTD.