Hanjinkal (180640) - Net Assets
Based on the latest financial reports, Hanjinkal (180640) has net assets worth ₩3.42 Trillion KRW (≈ $2.32 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.14 Trillion ≈ $2.81 Billion USD) and total liabilities (₩716.53 Billion ≈ $485.58 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 financial resilience of Hanjinkal to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩3.42 Trillion |
| % of Total Assets | 82.7% |
| Annual Growth Rate | 13.4% |
| 5-Year Change | 87.7% |
| 10-Year Change | 210.45% |
| Growth Volatility | 36.32 |
Hanjinkal - Net Assets Trend (2013–2025)
This chart illustrates how Hanjinkal's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Hanjinkal for the complete picture of this company's asset base.
Annual Net Assets for Hanjinkal (2013–2025)
The table below shows the annual net assets of Hanjinkal from 2013 to 2025. For live valuation and market cap data, see how much is Hanjinkal worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩3.42 Trillion ≈ $2.32 Billion |
+3.35% |
| 2024-12-31 | ₩3.31 Trillion ≈ $2.25 Billion |
+16.09% |
| 2023-12-31 | ₩2.85 Trillion ≈ $1.93 Billion |
+10.78% |
| 2022-12-31 | ₩2.58 Trillion ≈ $1.75 Billion |
+41.21% |
| 2021-12-31 | ₩1.82 Trillion ≈ $1.24 Billion |
+9.61% |
| 2020-12-31 | ₩1.66 Trillion ≈ $1.13 Billion |
+17.15% |
| 2019-12-31 | ₩1.42 Trillion ≈ $962.77 Million |
-15.63% |
| 2018-12-31 | ₩1.68 Trillion ≈ $1.14 Billion |
-1.52% |
| 2017-12-31 | ₩1.71 Trillion ≈ $1.16 Billion |
+55.01% |
| 2016-12-31 | ₩1.10 Trillion ≈ $747.47 Million |
-23.51% |
| 2015-12-31 | ₩1.44 Trillion ≈ $977.19 Million |
-11.55% |
| 2014-12-31 | ₩1.63 Trillion ≈ $1.10 Billion |
+115.30% |
| 2013-12-31 | ₩757.15 Billion ≈ $513.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hanjinkal'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 5929.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩833.33 Billion | 24.93% |
| Other Components | ₩2.51 Trillion | 75.07% |
| Total Equity | ₩3.34 Trillion | 100.00% |
Hanjinkal Competitors by Market Cap
The table below lists competitors of Hanjinkal ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yonghui Superstores Co Ltd
SHG:601933
|
$5.10 Billion |
|
Brookfield Renewable Corp
NYSE:BEPC
|
$5.10 Billion |
|
kakaopay Corp.
KO:377300
|
$5.10 Billion |
|
Boot Barn Holdings Inc
NYSE:BOOT
|
$5.10 Billion |
|
MINTH GRP LTD UNSP.ADR/20
F:M3I0
|
$5.10 Billion |
|
ServiceTitan, Inc. Class A Common Stock
NASDAQ:TTAN
|
$5.10 Billion |
|
Lagercrantz Group AB (publ)
ST:LAGR-B
|
$5.10 Billion |
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
$5.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanjinkal's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,191,221,630,060 to 3,342,274,996,730, a change of 151,053,366,670 (4.7%).
- Net income of 155,013,035,000 contributed positively to equity growth.
- Dividend payments of 27,834,637,520 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩155.01 Billion | +4.64% |
| Dividends Paid | ₩27.83 Billion | -0.83% |
| Other Changes | ₩23.87 Billion | +0.71% |
| Total Change | ₩- | 4.73% |
Book Value vs Market Value Analysis
This analysis compares Hanjinkal'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: 2.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.38x to 2.24x 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 | ₩25711.95 | ₩112700.00 | x |
| 2018-12-31 | ₩25043.18 | ₩112700.00 | x |
| 2019-12-31 | ₩21071.51 | ₩112700.00 | x |
| 2020-12-31 | ₩22849.07 | ₩112700.00 | x |
| 2021-12-31 | ₩23975.04 | ₩112700.00 | x |
| 2022-12-31 | ₩36748.60 | ₩112700.00 | x |
| 2023-12-31 | ₩41368.69 | ₩112700.00 | x |
| 2024-12-31 | ₩48116.92 | ₩112700.00 | x |
| 2025-12-31 | ₩50394.48 | ₩112700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanjinkal 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): 4.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 51.95%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.24x
- Recent ROE (4.64%) is above the historical average (-0.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.20% | 5.34% | 0.17x | 2.43x | ₩-45.76 Billion |
| 2014 | 15.54% | 34.80% | 0.26x | 1.73x | ₩77.51 Billion |
| 2015 | -16.38% | -29.96% | 0.31x | 1.75x | ₩-348.47 Billion |
| 2016 | -40.61% | -41.05% | 0.48x | 2.06x | ₩-506.96 Billion |
| 2017 | 14.59% | 19.30% | 0.41x | 1.82x | ₩69.77 Billion |
| 2018 | -2.75% | -3.13% | 0.46x | 1.90x | ₩-188.98 Billion |
| 2019 | -19.49% | -20.19% | 0.45x | 2.16x | ₩-367.68 Billion |
| 2020 | -17.82% | -66.00% | 0.12x | 2.30x | ₩-421.25 Billion |
| 2021 | 1.08% | 4.36% | 0.11x | 2.35x | ₩-142.77 Billion |
| 2022 | 27.73% | 341.33% | 0.05x | 1.59x | ₩437.21 Billion |
| 2023 | 14.04% | 139.68% | 0.07x | 1.38x | ₩110.77 Billion |
| 2024 | 15.57% | 170.11% | 0.07x | 1.32x | ₩177.88 Billion |
| 2025 | 4.64% | 51.95% | 0.07x | 1.24x | ₩-179.21 Billion |
Industry Comparison
This section compares Hanjinkal's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,240,878,774,960
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanjinkal (180640) | ₩3.42 Trillion | 2.20% | 0.21x | $5.10 Billion |
| Seobu T&D Co. Ltd (006730) | $1.24 Trillion | 2.77% | 1.33x | $645.91 Million |
About Hanjinkal
Hanjin Kal, together with its subsidiaries, engages in the provision of airline services in South Korea. The company offers aviation services, such as ground handling, flight operations management, and engine commissioning. It also provides services in investment, management consulting, licensing, real estate leasing business, tourism, and hotel operations. In addition, the company offers buildin… Read more