Hancom Lifecare Inc.
HANCOM LIFECARE Inc. manufactures and sells personal safety equipment in South Korea, Vietnam, Mongolia, Indonesia, Thailand, the Philippines, and the Middle East countries. The company offers air respirators, marine air respirators, breathing masks, and portable respirators; firefighting suits, helmets, boots, gloves, thermal suits, fire blankets, and tactical armor; as well as gas detection, an… Read more
Hancom Lifecare Inc. (372910) - Net Assets
Latest net assets as of September 2025: ₩135.10 Billion KRW
Based on the latest financial reports, Hancom Lifecare Inc. (372910) has net assets worth ₩135.10 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩198.98 Billion) and total liabilities (₩63.88 Billion). 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 | ₩135.10 Billion |
| % of Total Assets | 67.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | 258.07% |
| 10-Year Change | N/A |
| Growth Volatility | 88.34 |
Hancom Lifecare Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Hancom Lifecare Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hancom Lifecare Inc. (2019–2024)
The table below shows the annual net assets of Hancom Lifecare Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩135.38 Billion | +5.49% |
| 2023-12-31 | ₩128.33 Billion | +0.31% |
| 2022-12-31 | ₩127.93 Billion | +9.51% |
| 2021-12-31 | ₩116.82 Billion | +208.98% |
| 2020-12-31 | ₩37.81 Billion | +164.28% |
| 2019-12-31 | ₩-58.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hancom Lifecare Inc.'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 49.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩151.90 Billion | 112.80% |
| Total Equity | ₩134.66 Billion | 100.00% |
Hancom Lifecare Inc. Competitors by Market Cap
The table below lists competitors of Hancom Lifecare Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E& Corporation CO. LTD
KQ:066980
|
$25.42 Million |
|
NFC Indonesia PT Tbk
JK:NFCX
|
$25.42 Million |
|
6K Additive Inc
AU:6KA
|
$25.42 Million |
|
Bangkok Ranch PCL
BK:BR
|
$25.43 Million |
|
Community Bancorp of Santa Maria
OTCQX:CYSM
|
$25.37 Million |
|
ATA Creativity Global
NASDAQ:AACG
|
$25.37 Million |
|
Malaysian Bulk Carriers Bhd
KLSE:5077
|
$25.37 Million |
|
Negri Sembilan Oil Palms Bhd
KLSE:2038
|
$25.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hancom Lifecare Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 127,561,551,090 to 134,663,750,070, a change of 7,102,198,980 (5.6%).
- Net income of 7,374,593,390 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.37 Billion | +5.48% |
| Other Changes | ₩-272.39 Million | -0.2% |
| Total Change | ₩- | 5.57% |
Book Value vs Market Value Analysis
This analysis compares Hancom Lifecare Inc.'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: 0.53x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩-2125.27 | ₩2555.00 | x |
| 2020-12-31 | ₩1366.14 | ₩2555.00 | x |
| 2021-12-31 | ₩4221.17 | ₩2555.00 | x |
| 2022-12-31 | ₩4596.12 | ₩2555.00 | x |
| 2023-12-31 | ₩4609.37 | ₩2555.00 | x |
| 2024-12-31 | ₩4866.00 | ₩2555.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hancom Lifecare Inc. 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): 5.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.04%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.47x
- Recent ROE (5.48%) is below the historical average (15.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -2.69% | 0.50x | 0.00x | ₩4.09 Billion |
| 2020 | 73.24% | 18.24% | 0.91x | 4.43x | ₩23.91 Billion |
| 2021 | 4.14% | 3.99% | 0.57x | 1.83x | ₩-6.85 Billion |
| 2022 | 7.24% | 9.19% | 0.48x | 1.64x | ₩-3.52 Billion |
| 2023 | 0.65% | 0.73% | 0.62x | 1.43x | ₩-11.93 Billion |
| 2024 | 5.48% | 7.04% | 0.53x | 1.47x | ₩-6.09 Billion |
Industry Comparison
This section compares Hancom Lifecare Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $56,090,684,414
- Average return on equity (ROE) among peers: 8.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hancom Lifecare Inc. (372910) | ₩135.10 Billion | 0.00% | 0.47x | $25.39 Million |
| Douzone Bizon Co Ltd (012510) | $132.78 Billion | 16.10% | 0.61x | $1.46 Billion |
| NuriFlex Co.Ltd (040160) | $82.41 Billion | 3.57% | 0.85x | $46.57 Million |
| Raonsecure Co. Ltd (042510) | $38.00 Billion | 17.55% | 1.02x | $40.25 Million |
| Osangjaiel Co. Ltd (053980) | $95.85 Billion | 24.90% | 0.39x | $26.48 Million |
| Emro Inc. (058970) | $50.67 Billion | 12.67% | 0.45x | $158.15 Million |
| LONGTU KOREA Inc (060240) | $30.94 Billion | 2.61% | 2.19x | $3.02 Million |
| Younglimwon Soft Lab Co. Ltd. (060850) | $47.82 Billion | 6.89% | 0.43x | $23.69 Million |
| Gemvaxlink Co. Ltd (064800) | $24.56 Billion | -5.96% | 0.25x | $44.93 Million |
| 088340 (088340) | $28.35 Billion | 7.75% | 0.44x | $20.25 Million |
| Mobileleader Co.Ltd (100030) | $29.53 Billion | 0.15% | 0.15x | $19.65 Million |