Hanjin Kal
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
Hanjin Kal (18064K) - Net Assets
Latest net assets as of September 2025: ₩3.39 Trillion KRW
Based on the latest financial reports, Hanjin Kal (18064K) has net assets worth ₩3.39 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.34 Trillion) and total liabilities (₩953.31 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 | ₩3.39 Trillion |
| % of Total Assets | 78.06% |
| Annual Growth Rate | 7.35% |
| 5-Year Change | 99.08% |
| 10-Year Change | 129.77% |
| Growth Volatility | 23.38 |
Hanjin Kal - Net Assets Trend (2014–2024)
This chart illustrates how Hanjin Kal's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hanjin Kal (2014–2024)
The table below shows the annual net assets of Hanjin Kal from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩3.31 Trillion | +16.09% |
| 2023-12-31 | ₩2.85 Trillion | +10.78% |
| 2022-12-31 | ₩2.58 Trillion | +41.21% |
| 2021-12-31 | ₩1.82 Trillion | +9.61% |
| 2020-12-31 | ₩1.66 Trillion | +17.15% |
| 2019-12-31 | ₩1.42 Trillion | -15.63% |
| 2018-12-31 | ₩1.68 Trillion | -1.52% |
| 2017-12-31 | ₩1.71 Trillion | +55.01% |
| 2016-12-31 | ₩1.10 Trillion | -23.51% |
| 2015-12-31 | ₩1.44 Trillion | -11.55% |
| 2014-12-31 | ₩1.63 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanjin Kal'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 192.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩717.62 Billion | 22.49% |
| Other Components | ₩2.47 Trillion | 77.51% |
| Total Equity | ₩3.19 Trillion | 100.00% |
Hanjin Kal Competitors by Market Cap
The table below lists competitors of Hanjin Kal ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Revenio Group Corporation
HE:REG1V
|
$478.53 Million |
|
Compagnie Plastic Omnium SA
PINK:PASTF
|
$478.67 Million |
|
China Yuchai International Limited
NYSE:CYD
|
$478.80 Million |
|
Peoples Fin
NASDAQ:PFIS
|
$478.83 Million |
|
GSP Automotive Group Wenzhou Co Ltd
SHG:605088
|
$478.39 Million |
|
Shanxi Huaxiang Group Co Ltd
SHG:603112
|
$478.20 Million |
|
BayWa Aktiengesellschaft
F:BYW
|
$478.06 Million |
|
AmRest Holdings SE
OTCGREY:ARHOF
|
$477.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanjin Kal's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,743,664,386,250 to 3,191,221,630,060, a change of 447,557,243,810 (16.3%).
- Net income of 496,999,177,900 contributed positively to equity growth.
- Dividend payments of 23,642,506,320 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩497.00 Billion | +15.57% |
| Dividends Paid | ₩23.64 Billion | -0.74% |
| Other Changes | ₩-25.80 Billion | -0.81% |
| Total Change | ₩- | 16.31% |
Book Value vs Market Value Analysis
This analysis compares Hanjin Kal'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: 0.71x
- 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 1.33x to 0.71x 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 | ₩34300.00 | x |
| 2018-12-31 | ₩25043.18 | ₩34300.00 | x |
| 2019-12-31 | ₩21071.51 | ₩34300.00 | x |
| 2020-12-31 | ₩22849.07 | ₩34300.00 | x |
| 2021-12-31 | ₩23975.04 | ₩34300.00 | x |
| 2022-12-31 | ₩36748.60 | ₩34300.00 | x |
| 2023-12-31 | ₩41368.69 | ₩34300.00 | x |
| 2024-12-31 | ₩48116.92 | ₩34300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanjin Kal 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): 15.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 170.11%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.32x
- Recent ROE (15.57%) is above the historical average (-0.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 15.55% | 34.80% | 0.26x | 1.73x | ₩77.65 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 |
Industry Comparison
This section compares Hanjin Kal's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,053,907,396,270
- Average return on equity (ROE) among peers: -8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanjin Kal (18064K) | ₩3.39 Trillion | 15.55% | 0.28x | $478.51 Million |
| Seobu T&D Co. Ltd (006730) | $665.87 Billion | -1.28% | 1.61x | $298.25 Million |
| Hanjinkal (180640) | $1.44 Trillion | -15.01% | 0.61x | $1.62 Billion |