Hyosung TNC Corp
Hyosung TNC Corporation manufactures and sells fiber in South Korea and internationally. It offers spandex, nylon, and polyesterThe company also provides general apparel, workwear, and industrial fabrics; and dyed products comprising nylon fabrics, polyester fabrics, nylon/polyester stretch fabrics, and cotton-blend fabrics. In addition, it offers marketing services in the trading sector with ste… Read more
Hyosung TNC Corp (298020) - Net Assets
Latest net assets as of September 2025: ₩1.94 Trillion KRW
Based on the latest financial reports, Hyosung TNC Corp (298020) has net assets worth ₩1.94 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 (₩5.72 Trillion) and total liabilities (₩3.78 Trillion). 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 | ₩1.94 Trillion |
| % of Total Assets | 33.91% |
| Annual Growth Rate | 24.57% |
| 5-Year Change | 154.41% |
| 10-Year Change | N/A |
| Growth Volatility | 52.51 |
Hyosung TNC Corp - Net Assets Trend (2018–2024)
This chart illustrates how Hyosung TNC Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hyosung TNC Corp (2018–2024)
The table below shows the annual net assets of Hyosung TNC Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.82 Trillion | +16.01% |
| 2023-12-31 | ₩1.57 Trillion | +3.51% |
| 2022-12-31 | ₩1.52 Trillion | -14.07% |
| 2021-12-31 | ₩1.76 Trillion | +146.53% |
| 2020-12-31 | ₩715.36 Billion | +22.71% |
| 2019-12-31 | ₩582.95 Billion | +19.73% |
| 2018-12-31 | ₩486.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hyosung TNC Corp'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 4680.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩907.06 Billion | 62.17% |
| Other Components | ₩551.91 Billion | 37.83% |
| Total Equity | ₩1.46 Trillion | 100.00% |
Hyosung TNC Corp Competitors by Market Cap
The table below lists competitors of Hyosung TNC Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oneness Biotech Co Ltd
TWO:4743
|
$528.04 Million |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
$528.05 Million |
|
SK ETERNIX CO LT
KO:475150
|
$528.14 Million |
|
Tianshui Zhongxing Bio-technology Co Ltd
SHE:002772
|
$528.19 Million |
|
Shenzhen Sunwin Intelligent
SHE:300044
|
$527.83 Million |
|
Cohort plc
F:C7K
|
$527.81 Million |
|
Luye Pharma Group Ltd
PINK:LYPHF
|
$527.77 Million |
|
MNC Studios International Tbk PT
JK:MSIN
|
$527.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyosung TNC Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,274,635,104,520 to 1,458,970,619,290, a change of 184,335,514,770 (14.5%).
- Net income of 134,541,835,220 contributed positively to equity growth.
- Dividend payments of 73,491,223,100 reduced retained earnings.
- Other factors increased equity by 123,284,902,650.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩134.54 Billion | +9.22% |
| Dividends Paid | ₩73.49 Billion | -5.04% |
| Other Changes | ₩123.28 Billion | +8.45% |
| Total Change | ₩- | 14.46% |
Book Value vs Market Value Analysis
This analysis compares Hyosung TNC Corp'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: 1.03x
- 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 3.72x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩93534.85 | ₩348000.00 | x |
| 2019-12-31 | ₩113297.68 | ₩348000.00 | x |
| 2020-12-31 | ₩139253.35 | ₩348000.00 | x |
| 2021-12-31 | ₩329151.85 | ₩348000.00 | x |
| 2022-12-31 | ₩283313.38 | ₩348000.00 | x |
| 2023-12-31 | ₩295349.09 | ₩348000.00 | x |
| 2024-12-31 | ₩338061.96 | ₩348000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyosung TNC Corp 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): 9.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.73%
- • Asset Turnover: 1.65x
- • Equity Multiplier: 3.24x
- Recent ROE (9.22%) is below the historical average (16.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.26% | 0.63% | 1.07x | 7.78x | ₩-19.12 Billion |
| 2019 | 19.04% | 1.56% | 1.86x | 6.59x | ₩44.19 Billion |
| 2020 | 22.76% | 2.65% | 1.83x | 4.70x | ₩76.70 Billion |
| 2021 | 54.23% | 8.96% | 1.90x | 3.19x | ₩628.31 Billion |
| 2022 | 0.95% | 0.13% | 2.06x | 3.53x | ₩-110.68 Billion |
| 2023 | 7.31% | 1.24% | 1.85x | 3.19x | ₩-34.27 Billion |
| 2024 | 9.22% | 1.73% | 1.65x | 3.24x | ₩-11.36 Billion |
Industry Comparison
This section compares Hyosung TNC Corp's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $275,402,800,352
- Average return on equity (ROE) among peers: -0.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyosung TNC Corp (298020) | ₩1.94 Trillion | 5.26% | 1.95x | $527.87 Million |
| Kyungbangco.Ltd (000050) | $741.93 Billion | 1.76% | 0.70x | $50.48 Million |
| Chonbang (000950) | $155.64 Billion | 1.69% | 0.95x | $24.13 Million |
| Silla Textile Co.Ltd (001000) | $13.37 Billion | -20.43% | 1.52x | $8.50 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $8.71 Million |
| DI Dong Il Corp (001530) | $561.11 Billion | 0.00% | 0.64x | $232.14 Million |
| Ilshin Spinnin (003200) | $306.82 Billion | 2.19% | 0.49x | $77.92 Million |
| Pang Rim Spinn (003610) | $180.57 Billion | 3.72% | 0.27x | $56.13 Million |
| Daehan Synthet (003830) | $533.41 Billion | 4.22% | 0.14x | $27.66 Million |
| Duksung (004830) | $65.34 Billion | 0.80% | 0.61x | $35.90 Million |
| Duksung Co Ltd (004835) | $63.50 Billion | 0.82% | 0.53x | $46.93 Million |