Iljin HySolus Co Ltd (271940) - Net Assets
Based on the latest financial reports, Iljin HySolus Co Ltd (271940) has net assets worth ₩314.47 Billion KRW (≈ $213.11 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩349.93 Billion ≈ $237.14 Million USD) and total liabilities (₩35.46 Billion ≈ $24.03 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 271940 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩314.47 Billion |
| % of Total Assets | 89.87% |
| Annual Growth Rate | 53.44% |
| 5-Year Change | 496.55% |
| 10-Year Change | N/A |
| Growth Volatility | 186.96 |
Iljin HySolus Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Iljin HySolus Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Iljin HySolus Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Iljin HySolus Co Ltd (2019–2024)
The table below shows the annual net assets of Iljin HySolus Co Ltd from 2019 to 2024. For live valuation and market cap data, see how much is Iljin HySolus Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩317.47 Billion ≈ $215.15 Million |
+0.50% |
| 2023-12-31 | ₩315.90 Billion ≈ $214.08 Million |
+0.38% |
| 2022-12-31 | ₩314.72 Billion ≈ $213.28 Million |
+2.46% |
| 2021-12-31 | ₩307.16 Billion ≈ $208.16 Million |
+477.17% |
| 2020-12-31 | ₩53.22 Billion ≈ $36.07 Million |
+42.68% |
| 2019-12-31 | ₩37.30 Billion ≈ $25.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Iljin HySolus Co 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 grown by 3493156408000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩34.26 Billion | 10.79% |
| Other Components | ₩283.21 Billion | 89.21% |
| Total Equity | ₩317.47 Billion | 100.00% |
Iljin HySolus Co Ltd Competitors by Market Cap
The table below lists competitors of Iljin HySolus Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuxi Honghui New Materials Technology Co Ltd
SHE:002802
|
$314.52 Million |
|
Ningbo Water Meter Co Ltd
SHG:603700
|
$314.55 Million |
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
$314.68 Million |
|
Mecaro Co. Ltd
KQ:241770
|
$314.69 Million |
|
Dk Tech Co.Ltd
KQ:290550
|
$314.47 Million |
|
Dinkelacker AG
STU:DWB
|
$314.43 Million |
|
Tanzanian Royalty Exploration Corp
NYSE MKT:TRX
|
$314.28 Million |
|
Tien Phong Securities Corp
VN:ORS
|
$314.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iljin HySolus Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 315,903,986,870 to 317,471,681,210, a change of 1,567,694,340 (0.5%).
- Net income of 1,816,544,400 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.82 Billion | +0.57% |
| Other Changes | ₩-248.85 Million | -0.08% |
| Total Change | ₩- | 0.50% |
Book Value vs Market Value Analysis
This analysis compares Iljin HySolus Co 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: 1.46x
- 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 12.44x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩1027.12 | ₩12780.00 | x |
| 2020-12-31 | ₩1465.53 | ₩12780.00 | x |
| 2021-12-31 | ₩8458.58 | ₩12780.00 | x |
| 2022-12-31 | ₩8666.79 | ₩12780.00 | x |
| 2023-12-31 | ₩8699.43 | ₩12780.00 | x |
| 2024-12-31 | ₩8742.60 | ₩12780.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iljin HySolus Co 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): 0.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.29%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.08x
- Recent ROE (0.57%) is below the historical average (9.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 24.05% | 10.13% | 1.15x | 2.06x | ₩5.24 Billion |
| 2020 | 29.27% | 13.72% | 1.40x | 1.53x | ₩10.26 Billion |
| 2021 | 2.92% | 7.62% | 0.34x | 1.12x | ₩-21.75 Billion |
| 2022 | 2.24% | 6.46% | 0.32x | 1.09x | ₩-24.43 Billion |
| 2023 | 0.45% | 1.79% | 0.23x | 1.07x | ₩-30.18 Billion |
| 2024 | 0.57% | 2.29% | 0.23x | 1.08x | ₩-29.93 Billion |
Industry Comparison
This section compares Iljin HySolus Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $784,277,630,160
- Average return on equity (ROE) among peers: 3.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iljin HySolus Co Ltd (271940) | ₩314.47 Billion | 24.05% | 0.11x | $314.50 Million |
| Hankook Tire Worldwide (000240) | $3.86 Trillion | 4.31% | 0.12x | $1.64 Billion |
| Daewonkangup (000430) | $180.82 Billion | 4.98% | 1.30x | $213.44 Million |
| SG Choongbang Co Ltd (001380) | $117.73 Billion | -1.12% | 0.78x | $45.80 Million |
| Tae Won Mulsan (001420) | $29.57 Billion | -4.60% | 0.18x | $11.83 Million |
| Dongkook Ind (001620) | $196.05 Billion | 3.88% | 2.17x | $184.41 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $62.01 Million |
| Nexen Tire (002350) | $1.87 Trillion | 6.75% | 1.44x | $481.60 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $18.06 Million |
| Dayou A-Tech (002880) | $189.70 Billion | -7.93% | 5.96x | $26.27 Million |
| Yoo Sung Ent (002920) | $291.76 Billion | 2.14% | 0.31x | $31.04 Million |
About Iljin HySolus Co Ltd
Iljin Hysolus Co., Ltd. engages in the manufacture and sale of composite tanks primarily in South Korea. It offers hydrogen tanks for use in forklifts, ships, trains, passenger cars, and commercial vehicles; tube trailers for use in hydrogen transport and mobile refueling stations; CNG storage tanks for CNG passenger and commercial vehicles; and ultrafine and fine particles PM and NOx reduction s… Read more