Hands Corporation Ltd
Hands Corporation Ltd. manufactures and sells aluminum wheels for automobiles in South Korea. It also exports its products. The company was formerly known as Donghwa and Co., Ltd. and changed its name to Hands Corporation Ltd. in September 2012. Hands Corporation Ltd. was founded in 1972 and is headquartered in Incheon, South Korea.
Hands Corporation Ltd (143210) - Net Assets
Latest net assets as of September 2025: ₩146.53 Billion KRW
Based on the latest financial reports, Hands Corporation Ltd (143210) has net assets worth ₩146.53 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 (₩848.74 Billion) and total liabilities (₩702.21 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 | ₩146.53 Billion |
| % of Total Assets | 17.26% |
| Annual Growth Rate | -7.03% |
| 5-Year Change | -46.01% |
| 10-Year Change | N/A |
| Growth Volatility | 23.43 |
Hands Corporation Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hands Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hands Corporation Ltd (2016–2024)
The table below shows the annual net assets of Hands Corporation Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩169.94 Billion | -39.60% |
| 2023-12-31 | ₩281.35 Billion | +44.48% |
| 2022-12-31 | ₩194.73 Billion | -25.68% |
| 2021-12-31 | ₩262.03 Billion | -16.75% |
| 2020-12-31 | ₩314.74 Billion | -2.94% |
| 2019-12-31 | ₩324.27 Billion | +1.14% |
| 2018-12-31 | ₩320.60 Billion | -0.94% |
| 2017-12-31 | ₩323.66 Billion | +6.26% |
| 2016-12-31 | ₩304.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hands Corporation 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 146.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩246.72 Billion | 145.18% |
| Total Equity | ₩169.94 Billion | 100.00% |
Hands Corporation Ltd Competitors by Market Cap
The table below lists competitors of Hands Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crown Lifters Limited
NSE:CROWN
|
$4.77 Million |
|
Interra Copper Corp
OTCQB:IMIMF
|
$4.77 Million |
|
Nam Song Hau Trading Investing Petroleum JSC
VN:PSH
|
$4.77 Million |
|
Genesis Fertility Center Public Company Limited
BK:GFC
|
$4.77 Million |
|
Techcential International Ltd
TWO:6616
|
$4.77 Million |
|
MedNation AG
XETRA:EIF
|
$4.77 Million |
|
Argo Living Soils Corp
PINK:ARLSF
|
$4.77 Million |
|
Citra Buana Prasida
JK:CBPE
|
$4.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hands Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 280,697,296,290 to 169,940,239,640, a change of -110,757,056,650 (-39.5%).
- Net loss of 121,520,665,190 reduced equity.
- Other factors increased equity by 10,763,608,540.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-121.52 Billion | -71.51% |
| Other Changes | ₩10.76 Billion | +6.33% |
| Total Change | ₩- | -39.46% |
Book Value vs Market Value Analysis
This analysis compares Hands Corporation 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: 0.13x
- 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 | ₩14782.87 | ₩1005.00 | x |
| 2018-12-31 | ₩14909.13 | ₩1005.00 | x |
| 2019-12-31 | ₩15070.64 | ₩1005.00 | x |
| 2020-12-31 | ₩14634.58 | ₩1005.00 | x |
| 2021-12-31 | ₩12195.76 | ₩1005.00 | x |
| 2022-12-31 | ₩9052.86 | ₩1005.00 | x |
| 2023-12-31 | ₩13064.20 | ₩1005.00 | x |
| 2024-12-31 | ₩7906.51 | ₩1005.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hands Corporation 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): -71.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.90%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 5.21x
- Recent ROE (-71.51%) is below the historical average (-14.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.40% | 5.13% | 1.01x | 2.21x | ₩4.25 Billion |
| 2017 | 7.23% | 3.81% | 0.91x | 2.09x | ₩-8.94 Billion |
| 2018 | 1.31% | 0.70% | 0.85x | 2.20x | ₩-27.82 Billion |
| 2019 | 2.12% | 1.11% | 0.73x | 2.63x | ₩-25.51 Billion |
| 2020 | -2.55% | -1.40% | 0.68x | 2.69x | ₩-39.46 Billion |
| 2021 | -24.29% | -11.32% | 0.63x | 3.42x | ₩-89.82 Billion |
| 2022 | -40.12% | -10.02% | 0.90x | 4.44x | ₩-97.46 Billion |
| 2023 | -11.46% | -4.37% | 0.73x | 3.58x | ₩-60.24 Billion |
| 2024 | -71.51% | -15.90% | 0.86x | 5.21x | ₩-138.51 Billion |
Industry Comparison
This section compares Hands Corporation Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $362,969,558,097
- Average return on equity (ROE) among peers: 3.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hands Corporation Ltd (143210) | ₩146.53 Billion | 11.40% | 4.79x | $4.77 Million |
| Daewonkangup (000430) | $315.75 Billion | 1.97% | 1.28x | $58.39 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $17.79 Million |
| Tae Won Mulsan (001420) | $31.76 Billion | 2.13% | 0.37x | $5.90 Million |
| Dongkook Ind (001620) | $196.05 Billion | 3.88% | 2.17x | $25.81 Million |
| PS Tec. Co. Ltd (002230) | $49.78 Billion | 10.24% | 0.22x | $43.72 Million |
| Nexen Tire (002350) | $1.60 Trillion | -1.74% | 1.47x | $179.05 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $106.79 Million |
| Dayou A-Tech (002880) | $170.34 Billion | -17.90% | 4.22x | $13.07 Million |
| Yoo Sung Ent (002920) | $161.80 Billion | 8.25% | 0.37x | $17.62 Million |
| Chin Yang Ind (003780) | $47.47 Billion | 13.06% | 0.64x | $24.26 Million |