Hyosung Heavy Industries Corp
Hyosung Heavy Industries Corporation manufactures and sells heavy electrical equipment in South Korea. The company offers transmission and distribution products, such as power, oil-immersed distribution, cast-resin, and special transformers; shunt reactors, high voltage switchgears, medium/ low voltage switchgears, and high voltage direct current transmission systems; STATCOM, a power electronic … Read more
Hyosung Heavy Industries Corp (298040) - Net Assets
Latest net assets as of September 2025: ₩2.33 Trillion KRW
Based on the latest financial reports, Hyosung Heavy Industries Corp (298040) has net assets worth ₩2.33 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 (₩6.95 Trillion) and total liabilities (₩4.62 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 | ₩2.33 Trillion |
| % of Total Assets | 33.49% |
| Annual Growth Rate | 14.65% |
| 5-Year Change | 112.3% |
| 10-Year Change | N/A |
| Growth Volatility | 26.33 |
Hyosung Heavy Industries Corp - Net Assets Trend (2018–2024)
This chart illustrates how Hyosung Heavy Industries 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 Heavy Industries Corp (2018–2024)
The table below shows the annual net assets of Hyosung Heavy Industries Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.06 Trillion | +75.36% |
| 2023-12-31 | ₩1.17 Trillion | +6.26% |
| 2022-12-31 | ₩1.10 Trillion | +6.37% |
| 2021-12-31 | ₩1.04 Trillion | +7.12% |
| 2020-12-31 | ₩968.25 Billion | -2.25% |
| 2019-12-31 | ₩990.50 Billion | +9.48% |
| 2018-12-31 | ₩904.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hyosung Heavy Industries 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 35673778229000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩353.10 Billion | 18.50% |
| Other Components | ₩1.56 Trillion | 81.50% |
| Total Equity | ₩1.91 Trillion | 100.00% |
Hyosung Heavy Industries Corp Competitors by Market Cap
The table below lists competitors of Hyosung Heavy Industries Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
$2.92 Billion |
|
Rayonier Inc
NYSE:RYN
|
$2.92 Billion |
|
Eutelsat Group
LSE:ETL
|
$2.93 Billion |
|
Pennon Group Plc
PINK:PEGRF
|
$2.93 Billion |
|
Integer Holdings Corp
NYSE:ITGR
|
$2.92 Billion |
|
Walsin Lihwa Corp
TW:1605
|
$2.92 Billion |
|
Axiata Group Bhd
KLSE:6888
|
$2.92 Billion |
|
Husqvarna AB
PINK:HSQVY
|
$2.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyosung Heavy Industries Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,172,253,337,480 to 1,908,516,731,940, a change of 736,263,394,460 (62.8%).
- Net income of 222,633,314,540 contributed positively to equity growth.
- Dividend payments of 23,279,352,500 reduced retained earnings.
- New share issuances of 89,216,996,260 increased equity.
- Other factors increased equity by 447,692,436,160.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩222.63 Billion | +11.67% |
| Dividends Paid | ₩23.28 Billion | -1.22% |
| Share Issuances | ₩89.22 Billion | +4.67% |
| Other Changes | ₩447.69 Billion | +23.46% |
| Total Change | ₩- | 62.81% |
Book Value vs Market Value Analysis
This analysis compares Hyosung Heavy Industries 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: 4.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10.29x to 4.88x 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 | ₩97137.26 | ₩1000000.00 | x |
| 2019-12-31 | ₩97537.36 | ₩1000000.00 | x |
| 2020-12-31 | ₩94889.04 | ₩1000000.00 | x |
| 2021-12-31 | ₩100112.78 | ₩1000000.00 | x |
| 2022-12-31 | ₩104660.29 | ₩1000000.00 | x |
| 2023-12-31 | ₩125889.81 | ₩1000000.00 | x |
| 2024-12-31 | ₩204958.10 | ₩1000000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyosung Heavy Industries 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): 11.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.55%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 3.26x
- Recent ROE (11.67%) is above the historical average (3.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.21% | 0.09% | 0.64x | 3.79x | ₩-88.55 Billion |
| 2019 | 1.45% | 0.35% | 0.95x | 4.41x | ₩-77.68 Billion |
| 2020 | -2.51% | -0.74% | 0.81x | 4.19x | ₩-110.57 Billion |
| 2021 | 6.18% | 1.86% | 0.77x | 4.32x | ₩-35.62 Billion |
| 2022 | 1.05% | 0.29% | 0.75x | 4.82x | ₩-87.24 Billion |
| 2023 | 9.89% | 2.70% | 1.26x | 2.91x | ₩-1.24 Billion |
| 2024 | 11.67% | 4.55% | 0.79x | 3.26x | ₩31.78 Billion |
Industry Comparison
This section compares Hyosung Heavy Industries Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $592,865,999,822
- Average return on equity (ROE) among peers: 3.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyosung Heavy Industries Corp (298040) | ₩2.33 Trillion | 0.21% | 1.99x | $2.92 Billion |
| Hwacheon Mac (000850) | $94.82 Billion | 2.31% | 1.29x | $28.24 Million |
| Daidong Elec (008110) | $114.18 Billion | 6.95% | 0.39x | $11.34 Million |
| Booster Co. Ltd (008470) | $71.00 Billion | 4.21% | 0.21x | $7.52 Million |
| Simpac (009160) | $463.99 Billion | 7.36% | 0.59x | $72.35 Million |
| Kyung Dong Navien Co Ltd (009450) | $348.16 Billion | 11.96% | 1.11x | $255.33 Million |
| Korea Refract (010040) | $25.31 Billion | -5.89% | 3.13x | $5.98 Million |
| Hwacheon Machi (010660) | $125.81 Billion | 4.28% | 0.24x | $43.29 Million |
| Han Shin Mach (011700) | $79.82 Billion | 4.19% | 0.14x | $87.70 Million |
| STX Corporation (011810) | $4.26 Trillion | 0.71% | 4.58x | $45.77 Million |
| Hy-Lok Corporation (013030) | $341.52 Billion | 3.77% | 0.12x | $173.07 Million |