Hyosung Advanced Materials Corp
HS Hyosung Advanced Materials Corporation, together with its subsidiaries, engages in the business of industrial materials in Korea, Asia, Europe, and internationally. It offers textile cords, including PET, nylon, and aramid and hybrid tire cords, as well as steel cords and bead wires for tire reinforcement. The company also provides automotive yarns comprising polyester yarn for seatbelts and a… Read more
Hyosung Advanced Materials Corp (298050) - Net Assets
Latest net assets as of September 2025: ₩1.06 Trillion KRW
Based on the latest financial reports, Hyosung Advanced Materials Corp (298050) has net assets worth ₩1.06 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 (₩3.86 Trillion) and total liabilities (₩2.80 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 | ₩1.06 Trillion |
| % of Total Assets | 27.52% |
| Annual Growth Rate | 16.37% |
| 5-Year Change | 203.68% |
| 10-Year Change | N/A |
| Growth Volatility | 37.65 |
Hyosung Advanced Materials Corp - Net Assets Trend (2018–2024)
This chart illustrates how Hyosung Advanced Materials 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 Advanced Materials Corp (2018–2024)
The table below shows the annual net assets of Hyosung Advanced Materials Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.16 Trillion | +54.29% |
| 2023-12-31 | ₩750.09 Billion | -6.19% |
| 2022-12-31 | ₩799.56 Billion | +10.81% |
| 2021-12-31 | ₩721.59 Billion | +89.34% |
| 2020-12-31 | ₩381.11 Billion | -5.99% |
| 2019-12-31 | ₩405.40 Billion | -13.01% |
| 2018-12-31 | ₩466.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hyosung Advanced Materials 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 34917859823000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩322.59 Billion | 30.88% |
| Other Components | ₩721.96 Billion | 69.12% |
| Total Equity | ₩1.04 Trillion | 100.00% |
Hyosung Advanced Materials Corp Competitors by Market Cap
The table below lists competitors of Hyosung Advanced Materials Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ledman Optoelectronic Co Ltd
SHE:300162
|
$318.61 Million |
|
Xunlei Limited
F:4XN
|
$318.67 Million |
|
BRIDGE INV.GRP.HLD.A -01
F:53S
|
$318.68 Million |
|
Shandong Homey Aquatic Development Co Ltd
SHG:600467
|
$318.73 Million |
|
Xi'an High Voltage Apparatus Research Institute Co. Ltd.
SHG:688334
|
$318.33 Million |
|
Cerus Corporation
NASDAQ:CERS
|
$318.30 Million |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
$318.26 Million |
|
Aclaris Therapeutics Inc
NASDAQ:ACRS
|
$318.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyosung Advanced Materials Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 677,663,443,380 to 1,044,552,575,520, a change of 366,889,132,140 (54.1%).
- Net income of 49,836,702,560 contributed positively to equity growth.
- Dividend payments of 29,231,851,280 reduced retained earnings.
- Other factors increased equity by 346,284,280,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩49.84 Billion | +4.77% |
| Dividends Paid | ₩29.23 Billion | -2.8% |
| Other Changes | ₩346.28 Billion | +33.15% |
| Total Change | ₩- | 54.14% |
Book Value vs Market Value Analysis
This analysis compares Hyosung Advanced Materials 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: 0.94x
- 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 2.54x to 0.94x 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 | ₩86348.33 | ₩219000.00 | x |
| 2019-12-31 | ₩72388.19 | ₩219000.00 | x |
| 2020-12-31 | ₩70017.37 | ₩219000.00 | x |
| 2021-12-31 | ₩135183.09 | ₩219000.00 | x |
| 2022-12-31 | ₩158341.16 | ₩219000.00 | x |
| 2023-12-31 | ₩151669.67 | ₩219000.00 | x |
| 2024-12-31 | ₩233784.12 | ₩219000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyosung Advanced Materials 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): 4.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.51%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 3.66x
- Recent ROE (4.77%) is below the historical average (6.02%), 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 | -6.86% | -1.50% | 0.70x | 6.57x | ₩-65.04 Billion |
| 2019 | -21.64% | -2.29% | 1.21x | 7.83x | ₩-102.33 Billion |
| 2020 | 0.03% | 0.00% | 1.01x | 7.60x | ₩-31.21 Billion |
| 2021 | 41.51% | 6.97% | 1.24x | 4.82x | ₩190.30 Billion |
| 2022 | 17.72% | 3.26% | 1.31x | 4.15x | ₩54.59 Billion |
| 2023 | 6.63% | 1.40% | 1.06x | 4.48x | ₩-22.83 Billion |
| 2024 | 4.77% | 1.51% | 0.87x | 3.66x | ₩-54.62 Billion |
Industry Comparison
This section compares Hyosung Advanced Materials 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 Advanced Materials Corp (298050) | ₩1.06 Trillion | -6.86% | 2.63x | $318.37 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 |