Hyosung TNC Corp (298020) - Net Assets
Based on the latest financial reports, Hyosung TNC Corp (298020) has net assets worth ₩1.96 Trillion KRW (≈ $1.33 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 (₩5.74 Trillion ≈ $3.89 Billion USD) and total liabilities (₩3.78 Trillion ≈ $2.56 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 tangible equity quality of Hyosung TNC Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.96 Trillion |
| % of Total Assets | 34.1% |
| Annual Growth Rate | 21.98% |
| 5-Year Change | 10.96% |
| 10-Year Change | N/A |
| Growth Volatility | 49.39 |
Hyosung TNC Corp - Net Assets Trend (2018–2025)
This chart illustrates how Hyosung TNC Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Hyosung TNC Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hyosung TNC Corp (2018–2025)
The table below shows the annual net assets of Hyosung TNC Corp from 2018 to 2025. For live valuation and market cap data, see 298020 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.96 Trillion ≈ $1.33 Billion |
+7.53% |
| 2024-12-31 | ₩1.82 Trillion ≈ $1.23 Billion |
+16.01% |
| 2023-12-31 | ₩1.57 Trillion ≈ $1.06 Billion |
+3.51% |
| 2022-12-31 | ₩1.52 Trillion ≈ $1.03 Billion |
-14.07% |
| 2021-12-31 | ₩1.76 Trillion ≈ $1.20 Billion |
+146.53% |
| 2020-12-31 | ₩715.36 Billion ≈ $484.79 Million |
+22.71% |
| 2019-12-31 | ₩582.95 Billion ≈ $395.06 Million |
+19.73% |
| 2018-12-31 | ₩486.90 Billion ≈ $329.97 Million |
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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 4519.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩876.41 Billion | 56.01% |
| Other Components | ₩688.46 Billion | 43.99% |
| Total Equity | ₩1.56 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 |
|---|---|
|
Medartis Holding AG
SW:MED
|
$939.71 Million |
|
GlaxoSmithKline PLC
LSE:GSK
|
$939.80 Million |
|
Sedlmayr Grund und Immobilien AG
F:SPB
|
$939.87 Million |
|
Beijing New Space Technology Co Ltd
SHG:605178
|
$940.08 Million |
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
$939.42 Million |
|
Jiangxi Firstar Panel Technology Co Ltd
SHE:300256
|
$939.38 Million |
|
CGN Nuclear Technology Development Co Ltd
SHE:000881
|
$939.37 Million |
|
Sichuan Zigong Conveying Machine Group Co Ltd
SHE:001288
|
$939.00 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 2024 to 2025, total equity changed from 1,458,970,619,290 to 1,564,865,456,680, a change of 105,894,837,390 (7.3%).
- Net income of 10,814,653,780 contributed positively to equity growth.
- Dividend payments of 43,156,943,250 reduced retained earnings.
- Share repurchases of 5,400,983,790 reduced equity.
- Other factors increased equity by 143,638,110,650.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.81 Billion | +0.69% |
| Dividends Paid | ₩43.16 Billion | -2.76% |
| Share Repurchases | ₩5.40 Billion | -0.35% |
| Other Changes | ₩143.64 Billion | +9.18% |
| Total Change | ₩- | 7.26% |
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: 0.89x
- 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 3.45x to 0.89x 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 | ₩323000.00 | x |
| 2019-12-31 | ₩113297.68 | ₩323000.00 | x |
| 2020-12-31 | ₩139253.35 | ₩323000.00 | x |
| 2021-12-31 | ₩329151.85 | ₩323000.00 | x |
| 2022-12-31 | ₩283313.38 | ₩323000.00 | x |
| 2023-12-31 | ₩295349.09 | ₩323000.00 | x |
| 2024-12-31 | ₩338061.96 | ₩323000.00 | x |
| 2025-12-31 | ₩364611.82 | ₩323000.00 | 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): 0.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.14%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 3.67x
- Recent ROE (0.69%) is below the historical average (14.93%), 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 |
| 2025 | 0.69% | 0.14% | 1.34x | 3.67x | ₩-145.67 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: $325,735,810,503
- Average return on equity (ROE) among peers: 1.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyosung TNC Corp (298020) | ₩1.96 Trillion | 5.26% | 1.93x | $939.46 Million |
| Kyungbangco.Ltd (000050) | $679.84 Billion | 4.34% | 0.92x | $142.68 Million |
| Chonbang (000950) | $144.26 Billion | 0.00% | 0.93x | $20.35 Million |
| Silla Textile Co.Ltd (001000) | $14.25 Billion | 1.20% | 1.24x | $21.06 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $14.39 Million |
| DI Dong Il Corp (001530) | $560.75 Billion | -0.91% | 0.76x | $306.14 Million |
| Ilshin Spinnin (003200) | $723.24 Billion | 2.94% | 0.30x | $153.72 Million |
| Pang Rim Spinn (003610) | $151.30 Billion | 1.18% | 0.54x | $112.04 Million |
| Daehan Synthet (003830) | $711.01 Billion | 1.35% | 0.18x | $81.35 Million |
| Duksung (004830) | $56.95 Billion | 0.38% | 0.58x | $34.18 Million |
| Duksung Co Ltd (004835) | $83.41 Billion | 3.02% | 0.50x | $4.77 Million |
About Hyosung TNC Corp
Hyosung TNC Corporation manufactures and sells fiber in South Korea and internationally. It offers spandex, nylon, and polyester. The 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 s… Read more