Hankook Cosmet
Hankook Cosmetics Co., Ltd. engages in the manufacture and sale of cosmetics in South Korea and internationally. It offers make up, eye cream, peeling gel, perfume, candle, body and hair care, sun care, pack/sheet mask, emulsion, baby care, mask, serum, cleansing, eye shadow, ampule, essence, toner, and cream products. The company sells its products under the Sansim, Hyoum, CONTINUE, OSSION, Juta… Read more
Hankook Cosmet (123690) - Net Assets
Latest net assets as of September 2025: ₩34.17 Billion KRW
Based on the latest financial reports, Hankook Cosmet (123690) has net assets worth ₩34.17 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩57.42 Billion) and total liabilities (₩23.25 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩34.17 Billion |
| % of Total Assets | 59.51% |
| Annual Growth Rate | -5.07% |
| 5-Year Change | 2.87% |
| 10-Year Change | -26.79% |
| Growth Volatility | 38.52 |
Hankook Cosmet - Net Assets Trend (2011–2024)
This chart illustrates how Hankook Cosmet's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hankook Cosmet (2011–2024)
The table below shows the annual net assets of Hankook Cosmet from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩30.37 Billion | +19.68% |
| 2023-12-31 | ₩25.37 Billion | +13.20% |
| 2022-12-31 | ₩22.41 Billion | +2.01% |
| 2021-12-31 | ₩21.97 Billion | -25.57% |
| 2020-12-31 | ₩29.52 Billion | -16.12% |
| 2019-12-31 | ₩35.19 Billion | -33.32% |
| 2018-12-31 | ₩52.78 Billion | -11.02% |
| 2017-12-31 | ₩59.31 Billion | +6.50% |
| 2016-12-31 | ₩55.69 Billion | +34.26% |
| 2015-12-31 | ₩41.48 Billion | -17.77% |
| 2014-12-31 | ₩50.44 Billion | +111.10% |
| 2013-12-31 | ₩23.89 Billion | -40.41% |
| 2012-12-31 | ₩40.10 Billion | -32.87% |
| 2011-12-31 | ₩59.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hankook Cosmet'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 277893682000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩2.78 Billion | 9.17% |
| Other Components | ₩27.52 Billion | 90.83% |
| Total Equity | ₩30.30 Billion | 100.00% |
Hankook Cosmet Competitors by Market Cap
The table below lists competitors of Hankook Cosmet ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Electronics Inc
NASDAQ:UEIC
|
$46.30 Million |
|
Airnet Technology Inc
NASDAQ:ANTE
|
$46.30 Million |
|
Windsor Machines Limited
NSE:WINDMACHIN
|
$46.31 Million |
|
Horizon Space Acquisition II Corp. Ordinary share
NASDAQ:HSPT
|
$46.31 Million |
|
Pathfinder Bancorp Inc
NASDAQ:PBHC
|
$46.29 Million |
|
Selcuk Gida Endustri Ihracat Ithalat AS
IS:SELGD
|
$46.28 Million |
|
Brisanet Participacoes SA
SA:BRIT3
|
$46.28 Million |
|
Furonteer Inc.
KQ:370090
|
$46.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hankook Cosmet's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,555,717,820 to 30,303,866,130, a change of 4,748,148,310 (18.6%).
- Net income of 4,592,741,380 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.59 Billion | +15.16% |
| Other Changes | ₩155.41 Million | +0.51% |
| Total Change | ₩- | 18.58% |
Book Value vs Market Value Analysis
This analysis compares Hankook Cosmet'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: 4.53x
- 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 2.32x to 4.53x 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 | ₩3691.50 | ₩8550.00 | x |
| 2018-12-31 | ₩3284.86 | ₩8550.00 | x |
| 2019-12-31 | ₩2190.41 | ₩8550.00 | x |
| 2020-12-31 | ₩1835.12 | ₩8550.00 | x |
| 2021-12-31 | ₩1369.30 | ₩8550.00 | x |
| 2022-12-31 | ₩1408.69 | ₩8550.00 | x |
| 2023-12-31 | ₩1590.56 | ₩8550.00 | x |
| 2024-12-31 | ₩1886.09 | ₩8550.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hankook Cosmet 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): 15.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.95%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 1.91x
- Recent ROE (15.16%) is above the historical average (-7.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -67.70% | -23.56% | 0.63x | 4.56x | ₩-18.57 Billion |
| 2014 | 52.20% | 34.50% | 0.84x | 1.81x | ₩21.29 Billion |
| 2015 | -21.84% | -9.20% | 1.35x | 1.76x | ₩-13.21 Billion |
| 2016 | 26.25% | 9.09% | 1.62x | 1.78x | ₩9.05 Billion |
| 2017 | 6.79% | 2.66% | 1.52x | 1.68x | ₩-1.90 Billion |
| 2018 | -14.68% | -5.03% | 1.62x | 1.80x | ₩-13.02 Billion |
| 2019 | -48.94% | -13.13% | 1.61x | 2.31x | ₩-20.74 Billion |
| 2020 | -25.95% | -10.55% | 0.96x | 2.56x | ₩-10.60 Billion |
| 2021 | -32.81% | -10.78% | 1.38x | 2.20x | ₩-9.42 Billion |
| 2022 | 2.64% | 0.90% | 1.50x | 1.94x | ₩-1.67 Billion |
| 2023 | 13.74% | 4.46% | 1.62x | 1.90x | ₩954.81 Million |
| 2024 | 15.16% | 4.95% | 1.60x | 1.91x | ₩1.56 Billion |
Industry Comparison
This section compares Hankook Cosmet's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,255,204,097,239
- Average return on equity (ROE) among peers: 165.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hankook Cosmet (123690) | ₩34.17 Billion | -67.70% | 0.68x | $46.30 Million |
| Amore Group (002790) | $4.89 Trillion | 5.33% | 0.26x | $733.67 Million |
| Amorepacific Group (002795) | $6.99 Trillion | 3.60% | 0.22x | $333.07 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $25.45 Billion | -9.21% | 0.59x | $50.11 Million |
| Daelim Trading (006570) | $76.43 Billion | -16.61% | 1.09x | $3.62 Million |
| Monalisa (012690) | $54.46 Billion | 10.90% | 0.28x | $26.00 Million |
| Leaders Cosmetics Co. Ltd (016100) | $63.99 Billion | 24.29% | 0.52x | $13.95 Million |
| Aekyung Industrial Co Ltd (018250) | $333.04 Billion | 3.44% | 0.30x | $78.84 Million |
| Kolmar Holding (024720) | $48.25 Billion | 5.20% | 0.61x | $69.59 Million |
| Jayjun Co Ltd (025620) | $4.96 Billion | 1635.91% | 10.27x | $4.89 Million |
| Coreana Cosmetics Co.Ltd (027050) | $65.95 Billion | -8.68% | 0.74x | $33.77 Million |