Hankook Tire Co. (161390) - Net Assets
Based on the latest financial reports, Hankook Tire Co. (161390) has net assets worth ₩14.89 Trillion KRW (≈ $10.09 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩27.97 Trillion ≈ $18.96 Billion USD) and total liabilities (₩13.08 Trillion ≈ $8.86 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. Check 161390 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩14.89 Trillion |
| % of Total Assets | 53.24% |
| Annual Growth Rate | 12.09% |
| 5-Year Change | 73.09% |
| 10-Year Change | 138.23% |
| Growth Volatility | 6.59 |
Hankook Tire Co. - Net Assets Trend (2012–2025)
This chart illustrates how Hankook Tire Co.'s net assets have evolved over time, based on quarterly financial data. See Hankook Tire Co. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hankook Tire Co. (2012–2025)
The table below shows the annual net assets of Hankook Tire Co. from 2012 to 2025. For live valuation and market cap data, see Hankook Tire Co. (161390) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩14.20 Trillion ≈ $9.62 Billion |
+26.86% |
| 2024-12-31 | ₩11.19 Trillion ≈ $7.59 Billion |
+16.26% |
| 2023-12-31 | ₩9.63 Trillion ≈ $6.53 Billion |
+8.49% |
| 2022-12-31 | ₩8.88 Trillion ≈ $6.01 Billion |
+8.17% |
| 2021-12-31 | ₩8.21 Trillion ≈ $5.56 Billion |
+10.70% |
| 2020-12-31 | ₩7.41 Trillion ≈ $5.02 Billion |
+3.13% |
| 2019-12-31 | ₩7.19 Trillion ≈ $4.87 Billion |
+5.85% |
| 2018-12-31 | ₩6.79 Trillion ≈ $4.60 Billion |
+6.54% |
| 2017-12-31 | ₩6.37 Trillion ≈ $4.32 Billion |
+6.91% |
| 2016-12-31 | ₩5.96 Trillion ≈ $4.04 Billion |
+15.96% |
| 2015-12-31 | ₩5.14 Trillion ≈ $3.48 Billion |
+13.82% |
| 2014-12-31 | ₩4.52 Trillion ≈ $3.06 Billion |
+15.09% |
| 2013-12-31 | ₩3.92 Trillion ≈ $2.66 Billion |
+21.81% |
| 2012-12-31 | ₩3.22 Trillion ≈ $2.18 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Hankook Tire Co.'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 813856685714000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩8.14 Trillion | 67.23% |
| Other Components | ₩3.97 Trillion | 32.77% |
| Total Equity | ₩12.11 Trillion | 100.00% |
Hankook Tire Co. Competitors by Market Cap
The table below lists competitors of Hankook Tire Co. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artemis Gold Inc
V:ARTG
|
$5.52 Billion |
|
Mercury General Corporation
NYSE:MCY
|
$5.52 Billion |
|
Acushnet Holdings Corp
NYSE:GOLF
|
$5.53 Billion |
|
Randstad NV
AS:RAND
|
$5.53 Billion |
|
Perimeter Solutions SA
NYSE:PRM
|
$5.51 Billion |
|
MGIC Investment Corp
NYSE:MTG
|
$5.51 Billion |
|
Soochow Securities Co Ltd
SHG:601555
|
$5.51 Billion |
|
Levima Advanced Materials Corp
SHE:003022
|
$5.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hankook Tire Co.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,100,370,242,880 to 12,105,483,748,910, a change of 1,005,113,506,030 (9.1%).
- Net income of 1,089,466,342,310 contributed positively to equity growth.
- Dividend payments of 343,938,320,360 reduced retained earnings.
- Other factors increased equity by 259,585,484,080.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.09 Trillion | +9.0% |
| Dividends Paid | ₩343.94 Billion | -2.84% |
| Other Changes | ₩259.59 Billion | +2.14% |
| Total Change | ₩- | 9.05% |
Book Value vs Market Value Analysis
This analysis compares Hankook Tire Co.'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: 0.67x
- 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 decreased from 1.30x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩51340.60 | ₩66700.00 | x |
| 2018-12-31 | ₩54625.73 | ₩66700.00 | x |
| 2019-12-31 | ₩57784.51 | ₩66700.00 | x |
| 2020-12-31 | ₩60476.84 | ₩66700.00 | x |
| 2021-12-31 | ₩66955.10 | ₩66700.00 | x |
| 2022-12-31 | ₩72196.09 | ₩66700.00 | x |
| 2023-12-31 | ₩78306.47 | ₩66700.00 | x |
| 2024-12-31 | ₩90995.03 | ₩66700.00 | x |
| 2025-12-31 | ₩99234.42 | ₩66700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hankook Tire Co. 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): 9.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.14%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.20x
- Recent ROE (9.00%) is below the historical average (9.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.21% | 9.99% | 0.32x | 2.24x | ₩-89.64 Billion |
| 2013 | 18.84% | 10.44% | 0.91x | 1.99x | ₩346.17 Billion |
| 2014 | 15.53% | 10.48% | 0.80x | 1.84x | ₩249.26 Billion |
| 2015 | 12.77% | 10.20% | 0.68x | 1.85x | ₩141.99 Billion |
| 2016 | 14.67% | 13.18% | 0.69x | 1.62x | ₩277.91 Billion |
| 2017 | 9.42% | 8.79% | 0.72x | 1.50x | ₩-36.80 Billion |
| 2018 | 7.72% | 7.69% | 0.69x | 1.45x | ₩-154.34 Billion |
| 2019 | 5.86% | 6.09% | 0.68x | 1.42x | ₩-296.16 Billion |
| 2020 | 5.05% | 5.77% | 0.61x | 1.44x | ₩-365.41 Billion |
| 2021 | 7.32% | 8.37% | 0.61x | 1.43x | ₩-218.96 Billion |
| 2022 | 7.84% | 8.22% | 0.67x | 1.43x | ₩-190.46 Billion |
| 2023 | 7.54% | 8.06% | 0.70x | 1.34x | ₩-235.03 Billion |
| 2024 | 10.04% | 11.84% | 0.59x | 1.43x | ₩4.59 Billion |
| 2025 | 9.00% | 5.14% | 0.80x | 2.20x | ₩-121.08 Billion |
Industry Comparison
This section compares Hankook Tire Co.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $575,827,734,706
- Average return on equity (ROE) among peers: 43.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hankook Tire Co. (161390) | ₩14.89 Trillion | 7.21% | 0.88x | $5.51 Billion |
| Hankook Tire Worldwide (000240) | $825.25 Billion | 397.17% | 0.18x | $1.60 Billion |
| Daewonkangup (000430) | $598.01 Billion | 3.15% | 0.69x | $189.07 Million |
| SG Choongbang Co Ltd (001380) | $93.38 Billion | 10.53% | 0.38x | $43.45 Million |
| Tae Won Mulsan (001420) | $31.38 Billion | 2.60% | 0.35x | $12.08 Million |
| Dongkook Ind (001620) | $147.59 Billion | 14.87% | 0.99x | $177.24 Million |
| PS Tec. Co. Ltd (002230) | $109.67 Billion | 4.01% | 0.07x | $59.30 Million |
| Nexen Tire (002350) | $1.55 Trillion | -1.09% | 1.29x | $454.23 Million |
| Nexen Tire Prf 1 (002355) | $1.87 Trillion | 6.75% | 1.44x | $17.80 Million |
| Dayou A-Tech (002880) | $239.29 Billion | -0.87% | 3.87x | $23.86 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $29.34 Million |
About Hankook Tire Co.
Hankook Tire & Technology Co., Ltd. manufactures and sells tires in South Korea and internationally. It offers tires for electric vehicles, passenger cars, SUVs, light trucks, buses, and trucks under the iON, Ventus, Dynapro, Weatherflex, Kinergy, Winter i*cept & Winter i*pike, Vantra, Smart brands. The company was formerly known as Hankook Tire Co., Ltd. and changed its name to Hankook Tire & Te… Read more