Hyundai Energy Solutions Co Ltd (322000) - Net Assets
Based on the latest financial reports, Hyundai Energy Solutions Co Ltd (322000) has net assets worth ₩417.78 Billion KRW (≈ $283.13 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩530.43 Billion ≈ $359.47 Million USD) and total liabilities (₩112.65 Billion ≈ $76.34 Million 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 Hyundai Energy Solutions Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩417.78 Billion |
| % of Total Assets | 78.76% |
| Annual Growth Rate | -0.21% |
| 5-Year Change | 30.43% |
| 10-Year Change | N/A |
| Growth Volatility | 21.01 |
Hyundai Energy Solutions Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Hyundai Energy Solutions Co Ltd's net assets have evolved over time, based on quarterly financial data. See 322000 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hyundai Energy Solutions Co Ltd (2016–2025)
The table below shows the annual net assets of Hyundai Energy Solutions Co Ltd from 2016 to 2025. For live valuation and market cap data, see Hyundai Energy Solutions Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩417.78 Billion ≈ $283.13 Million |
+13.01% |
| 2024-12-31 | ₩369.68 Billion ≈ $250.53 Million |
-0.50% |
| 2023-12-31 | ₩371.56 Billion ≈ $251.80 Million |
-2.61% |
| 2022-12-31 | ₩381.53 Billion ≈ $258.56 Million |
+19.11% |
| 2021-12-31 | ₩320.32 Billion ≈ $217.08 Million |
-2.56% |
| 2020-12-31 | ₩328.74 Billion ≈ $222.79 Million |
+3.43% |
| 2019-12-31 | ₩317.85 Billion ≈ $215.41 Million |
+33.08% |
| 2018-12-31 | ₩238.85 Billion ≈ $161.87 Million |
+8.06% |
| 2017-12-31 | ₩221.04 Billion ≈ $149.80 Million |
-48.09% |
| 2016-12-31 | ₩425.78 Billion ≈ $288.54 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hyundai Energy Solutions Co Ltd'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 16477.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩247.06 Billion | 59.14% |
| Other Components | ₩170.72 Billion | 40.86% |
| Total Equity | ₩417.78 Billion | 100.00% |
Hyundai Energy Solutions Co Ltd Competitors by Market Cap
The table below lists competitors of Hyundai Energy Solutions Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
$1.10 Billion |
|
Platinum Asset Management Ltd
AU:PTM
|
$1.10 Billion |
|
Guangzhou Restaurants Group Co
SHG:603043
|
$1.10 Billion |
|
Vedant Fashions Limited
NSE:MANYAVAR
|
$1.10 Billion |
|
Leedarson IoT Technology Inc
SHG:605365
|
$1.10 Billion |
|
Excelerate Energy Inc
NYSE:EE
|
$1.10 Billion |
|
CJ Korea Express
KO:000120
|
$1.10 Billion |
|
Bellring Brands LLC
NYSE:BRBR
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyundai Energy Solutions Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 369,683,769,350 to 417,784,216,570, a change of 48,100,447,220 (13.0%).
- Net income of 41,676,678,800 contributed positively to equity growth.
- Other factors increased equity by 6,423,768,420.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩41.68 Billion | +9.98% |
| Other Changes | ₩6.42 Billion | +1.54% |
| Total Change | ₩- | 13.01% |
Book Value vs Market Value Analysis
This analysis compares Hyundai Energy Solutions Co Ltd'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: 3.89x
- 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 7.35x to 3.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩19735.71 | ₩145000.00 | x |
| 2018-12-31 | ₩21326.03 | ₩145000.00 | x |
| 2019-12-31 | ₩28379.83 | ₩145000.00 | x |
| 2020-12-31 | ₩29352.13 | ₩145000.00 | x |
| 2021-12-31 | ₩28599.95 | ₩145000.00 | x |
| 2022-12-31 | ₩34065.46 | ₩145000.00 | x |
| 2023-12-31 | ₩33174.72 | ₩145000.00 | x |
| 2024-12-31 | ₩33007.48 | ₩145000.00 | x |
| 2025-12-31 | ₩37302.16 | ₩145000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyundai Energy Solutions Co Ltd 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): 9.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.46%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.27x
- Recent ROE (9.98%) is above the historical average (-5.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.35% | 16.10% | 0.02x | 1.11x | ₩-41.09 Billion |
| 2017 | -92.61% | -78.79% | 1.02x | 1.16x | ₩-226.81 Billion |
| 2018 | 7.79% | 5.35% | 1.26x | 1.16x | ₩-5.27 Billion |
| 2019 | 7.41% | 5.28% | 0.93x | 1.51x | ₩-8.24 Billion |
| 2020 | 1.89% | 1.58% | 0.86x | 1.39x | ₩-26.65 Billion |
| 2021 | -2.08% | -1.12% | 0.98x | 1.89x | ₩-38.69 Billion |
| 2022 | 15.89% | 6.15% | 1.51x | 1.71x | ₩22.46 Billion |
| 2023 | -0.77% | -0.52% | 1.09x | 1.35x | ₩-40.02 Billion |
| 2024 | 0.03% | 0.03% | 0.93x | 1.23x | ₩-36.85 Billion |
| 2025 | 9.98% | 8.46% | 0.93x | 1.27x | ₩-101.74 Million |
Industry Comparison
This section compares Hyundai Energy Solutions Co Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $9,896,911,559,330
- Average return on equity (ROE) among peers: 3.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyundai Energy Solutions Co Ltd (322000) | ₩417.78 Billion | 0.35% | 0.27x | $1.10 Billion |
| Hanwha Solutions (009830) | $9.90 Trillion | 3.63% | 1.41x | $4.37 Billion |
| Hanwha Chemical Corp Pref (009835) | $9.90 Trillion | 3.63% | 1.41x | $34.83 Million |
About Hyundai Energy Solutions Co Ltd
HD Hyundai Energy Solutions Co.,Ltd. provides solar cells and modules. It offers monofacial, bifacial, and shingled PV modules; transformer-less and outdoor box inverters; and ground, floating, and agro PV solutions, as well as smart solar city. HD Hyundai Energy Solutions Co.,Ltd. was formerly known as Hyundai Energy Solutions Co.,Ltd and changed its name to HD Hyundai Energy Solutions Co.,Ltd. … Read more