Hyosung Heavy Industries Corp (298040) - Net Assets
Based on the latest financial reports, Hyosung Heavy Industries Corp (298040) has net assets worth ₩2.54 Trillion KRW (≈ $1.72 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩7.86 Trillion ≈ $5.33 Billion USD) and total liabilities (₩5.32 Trillion ≈ $3.61 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 Heavy Industries Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩2.54 Trillion |
| % of Total Assets | 32.29% |
| Annual Growth Rate | 15.56% |
| 5-Year Change | 140.06% |
| 10-Year Change | N/A |
| Growth Volatility | 24.41 |
Hyosung Heavy Industries Corp - Net Assets Trend (2018–2025)
This chart illustrates how Hyosung Heavy Industries Corp's net assets have evolved over time, based on quarterly financial data. See how many days can Hyosung Heavy Industries Corp fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hyosung Heavy Industries Corp (2018–2025)
The table below shows the annual net assets of Hyosung Heavy Industries Corp from 2018 to 2025. For live valuation and market cap data, see Hyosung Heavy Industries Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩2.49 Trillion ≈ $1.69 Billion |
+21.12% |
| 2024-12-31 | ₩2.06 Trillion ≈ $1.39 Billion |
+75.36% |
| 2023-12-31 | ₩1.17 Trillion ≈ $794.42 Million |
+6.26% |
| 2022-12-31 | ₩1.10 Trillion ≈ $747.63 Million |
+6.37% |
| 2021-12-31 | ₩1.04 Trillion ≈ $702.86 Million |
+7.12% |
| 2020-12-31 | ₩968.25 Billion ≈ $656.17 Million |
-2.25% |
| 2019-12-31 | ₩990.50 Billion ≈ $671.25 Million |
+9.48% |
| 2018-12-31 | ₩904.71 Billion ≈ $613.11 Million |
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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 83302928975000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩829.39 Billion | 35.27% |
| Other Components | ₩1.52 Trillion | 64.73% |
| Total Equity | ₩2.35 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 |
|---|---|
|
Tencent Music Entertainment Group
NYSE:TME
|
$6.31 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
$6.32 Billion |
|
Jindal Stainless Limited
NSE:JSL
|
$6.33 Billion |
|
QUBE Holdings Ltd
AU:QUB
|
$6.33 Billion |
|
Procore Technologies Inc
NYSE:PCOR
|
$6.31 Billion |
|
GATX Corporation
NYSE:GATX
|
$6.31 Billion |
|
CPI Property Group S.A
F:O5G
|
$6.30 Billion |
|
Orica Limited
F:ICA
|
$6.30 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 2024 to 2025, total equity changed from 1,908,516,731,940 to 2,351,728,765,100, a change of 443,212,033,160 (23.2%).
- Net income of 519,893,715,250 contributed positively to equity growth.
- Dividend payments of 46,558,705,000 reduced retained earnings.
- New share issuances of 7,488,951,420 increased equity.
- Other factors decreased equity by 37,611,928,510.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩519.89 Billion | +22.11% |
| Dividends Paid | ₩46.56 Billion | -1.98% |
| Share Issuances | ₩7.49 Billion | +0.32% |
| Other Changes | ₩-37.61 Billion | -1.6% |
| Total Change | ₩- | 23.22% |
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: 3.96x
- 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 3.96x 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 |
| 2025-12-31 | ₩252555.22 | ₩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): 22.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.71%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 3.07x
- Recent ROE (22.11%) is above the historical average (6.25%), 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 |
| 2025 | 22.11% | 8.71% | 0.83x | 3.07x | ₩284.72 Billion |
Industry Comparison
This section compares Hyosung Heavy Industries Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,335,756,241,202
- Average return on equity (ROE) among peers: 4.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyosung Heavy Industries Corp (298040) | ₩2.54 Trillion | 0.21% | 2.10x | $6.31 Billion |
| Kumho Electric (001210) | $160.14 Billion | -13.20% | 1.88x | $21.01 Million |
| Taihan Electric Wire Co Ltd (001440) | $1.12 Trillion | 12.89% | 1.30x | $5.12 Billion |
| Posco Chemical Co Ltd (003670) | $538.22 Billion | 6.42% | 0.33x | $12.60 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.21 Trillion | 6.96% | 0.39x | $564.56 Million |
| LS Corp (006260) | $2.79 Trillion | 4.22% | 2.57x | $7.97 Billion |
| Daewon Cable (006340) | $80.36 Billion | -1.02% | 1.36x | $582.39 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $91.60 Billion | 1.48% | 1.69x | $557.56 Million |
| Samsung SDI (006400) | $6.31 Trillion | 5.03% | 0.35x | $28.74 Billion |
| Samsung Sdi Co Pref (006405) | $19.91 Trillion | 10.09% | 0.71x | $242.91 Million |
| LS Electric (010120) | $1.15 Trillion | 9.15% | 0.96x | $5.18 Billion |
About 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