Hankook Furniture Co. Ltd (004590) - Net Assets

Latest as of September 2025: ₩197.51 Billion KRW ≈ $133.85 Million USD

Based on the latest financial reports, Hankook Furniture Co. Ltd (004590) has net assets worth ₩197.51 Billion KRW (≈ $133.85 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩250.13 Billion ≈ $169.51 Million USD) and total liabilities (₩52.62 Billion ≈ $35.66 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 Hankook Furniture Co. Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩197.51 Billion
% of Total Assets	78.96%
Annual Growth Rate	10.32%
5-Year Change	59.25%
10-Year Change	140.09%
Growth Volatility	7.1

Hankook Furniture Co. Ltd - Net Assets Trend (2010–2024)

This chart illustrates how Hankook Furniture Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hankook Furniture Co. Ltd market capitalisation.

Annual Net Assets for Hankook Furniture Co. Ltd (2010–2024)

The table below shows the annual net assets of Hankook Furniture Co. Ltd from 2010 to 2024. Also explore Hankook Furniture Co. Ltd (004590) equity growth momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	₩185.93 Billion ≈ $126.00 Million	+5.53%
2023-12-31	₩176.18 Billion ≈ $119.40 Million	+6.67%
2022-12-31	₩165.17 Billion ≈ $111.93 Million	+27.85%
2021-12-31	₩129.19 Billion ≈ $87.55 Million	+10.65%
2020-12-31	₩116.75 Billion ≈ $79.12 Million	+12.49%
2019-12-31	₩103.78 Billion ≈ $70.33 Million	+4.44%
2018-12-31	₩99.37 Billion ≈ $67.34 Million	+6.80%
2017-12-31	₩93.05 Billion ≈ $63.06 Million	+13.60%
2016-12-31	₩81.91 Billion ≈ $55.51 Million	+5.77%
2015-12-31	₩77.44 Billion ≈ $52.48 Million	+7.45%
2014-12-31	₩72.07 Billion ≈ $48.84 Million	+7.07%
2013-12-31	₩67.32 Billion ≈ $45.62 Million	+3.04%
2012-12-31	₩65.33 Billion ≈ $44.27 Million	+11.44%
2011-12-31	₩58.62 Billion ≈ $39.73 Million	+24.71%
2010-12-31	₩47.01 Billion ≈ $31.86 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hankook Furniture 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 14221287350000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩142.21 Billion	76.49%
Common Stock	₩1.50 Billion	0.81%
Other Components	₩42.21 Billion	22.70%
Total Equity	₩185.93 Billion	100.00%

Hankook Furniture Co. Ltd Competitors by Market Cap

The table below lists competitors of Hankook Furniture Co. Ltd ranked by their market capitalization.

Company	Market Cap
Munjal Showa Limited NSE:MUNJALSHOW	$54.41 Million
G8 Education Ltd AU:GEM	$54.41 Million
Battery Mineral Resources Corp V:BMR	$54.42 Million
Pan-Pacific KO:007980	$54.42 Million
ktcs corporation KO:058850	$54.38 Million
Wikana SA WAR:WIK	$54.37 Million
Chorokbaem Media Co. Ltd KQ:047820	$54.36 Million
Ene Technology Inc TW:6243	$54.34 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hankook Furniture Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 172,678,199,740 to 185,927,393,210, a change of 13,249,193,470 (7.7%).
Net income of 15,991,641,640 contributed positively to equity growth.
Dividend payments of 2,435,280,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩15.99 Billion	+8.6%
Dividends Paid	₩2.44 Billion	-1.31%
Other Changes	₩-307.17 Million	-0.17%
Total Change	₩-	7.67%

Book Value vs Market Value Analysis

This analysis compares Hankook Furniture 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: 0.43x
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 0.98x to 0.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩5460.66	₩5350.00	x
2017-12-31	₩6203.15	₩5350.00	x
2018-12-31	₩6624.66	₩5350.00	x
2019-12-31	₩6918.97	₩5350.00	x
2020-12-31	₩7783.46	₩5350.00	x
2021-12-31	₩8612.45	₩5350.00	x
2022-12-31	₩11011.25	₩5350.00	x
2023-12-31	₩11511.88	₩5350.00	x
2024-12-31	₩12395.16	₩5350.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hankook Furniture 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): 8.60%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.42%
• Asset Turnover: 0.54x
• Equity Multiplier: 1.29x
Recent ROE (8.60%) is above the historical average (6.74%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	0.48%	0.64%	0.53x	1.42x	₩-4.47 Billion
2011	3.18%	4.78%	0.48x	1.39x	₩-4.00 Billion
2012	5.18%	8.67%	0.46x	1.31x	₩-3.15 Billion
2013	4.08%	6.79%	0.49x	1.23x	₩-3.98 Billion
2014	7.19%	11.23%	0.53x	1.21x	₩-2.02 Billion
2015	7.77%	12.50%	0.52x	1.19x	₩-1.72 Billion
2016	7.01%	9.99%	0.58x	1.22x	₩-2.45 Billion
2017	5.89%	10.01%	0.49x	1.19x	₩-3.82 Billion
2018	7.45%	12.29%	0.45x	1.35x	₩-2.54 Billion
2019	5.85%	9.24%	0.47x	1.33x	₩-4.31 Billion
2020	7.93%	12.26%	0.48x	1.33x	₩-2.42 Billion
2021	16.94%	23.52%	0.54x	1.34x	₩8.96 Billion
2022	7.14%	11.68%	0.48x	1.28x	₩-4.73 Billion
2023	6.38%	10.71%	0.46x	1.29x	₩-6.25 Billion
2024	8.60%	12.42%	0.54x	1.29x	₩-2.60 Billion

Industry Comparison

This section compares Hankook Furniture Co. Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

Industry: Furnishings, Fixtures & Appliances
Average net assets among peers: $635,003,281,797
Average return on equity (ROE) among peers: 10.92%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hankook Furniture Co. Ltd (004590)	₩197.51 Billion	0.48%	0.27x	$54.38 Million
Shinil Electronics Co (002700)	$66.64 Billion	17.46%	0.53x	$44.08 Million
Ace Bed Company Limited (003800)	$370.77 Billion	8.17%	0.09x	$233.59 Million
Hanssem (009240)	$574.47 Billion	15.66%	0.64x	$438.74 Million
Enex Co.Ltd (011090)	$42.72 Billion	9.05%	2.34x	$65.59 Million
Zinus Inc (013890)	$414.41 Billion	11.05%	1.16x	$111.59 Million
Fursys (016800)	$420.57 Billion	10.82%	0.15x	$156.77 Million
COWAY Co. Ltd (021240)	$3.61 Trillion	17.09%	0.94x	$4.80 Billion
PN Poong Nyun Co. Ltd (024940)	$51.87 Billion	5.54%	0.18x	$13.41 Million
Hansol Homedec (025750)	$159.85 Billion	3.42%	0.97x	$20.83 Million

About Hankook Furniture Co. Ltd

KQ:004590 Korea Furnishings, Fixtures & Appliances

Market Cap

$54.38 Million

₩80.25 Billion KRW

Market Cap Rank

#21697 Global

#1299 in Korea

Share Price

₩5350.00

Change (1 day)

+0.19%

52-Week Range

₩4390.00 - ₩7980.00

All Time High

₩7980.00