Hanil Feed Co. Ltd (005860) - Net Assets
Based on the latest financial reports, Hanil Feed Co. Ltd (005860) has net assets worth ₩159.60 Billion KRW (≈ $108.16 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 (₩220.84 Billion ≈ $149.66 Million USD) and total liabilities (₩61.24 Billion ≈ $41.50 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 asset resilience ratio of Hanil Feed Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩159.60 Billion |
| % of Total Assets | 72.27% |
| Annual Growth Rate | 4.62% |
| 5-Year Change | 149.25% |
| 10-Year Change | 203.79% |
| Growth Volatility | 42.74 |
Hanil Feed Co. Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Hanil Feed Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Hanil Feed Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for Hanil Feed Co. Ltd (2002–2024)
The table below shows the annual net assets of Hanil Feed Co. Ltd from 2002 to 2024. For live valuation and market cap data, see Hanil Feed Co. Ltd (005860) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩156.19 Billion ≈ $105.85 Million |
-0.37% |
| 2023-12-31 | ₩156.78 Billion ≈ $106.25 Million |
+190.19% |
| 2022-12-31 | ₩54.03 Billion ≈ $36.61 Million |
-21.67% |
| 2021-12-31 | ₩68.98 Billion ≈ $46.74 Million |
+10.07% |
| 2020-12-31 | ₩62.66 Billion ≈ $42.47 Million |
+1.41% |
| 2019-12-31 | ₩61.79 Billion ≈ $41.88 Million |
-0.29% |
| 2018-12-31 | ₩61.98 Billion ≈ $42.00 Million |
-4.00% |
| 2017-12-31 | ₩64.56 Billion ≈ $43.75 Million |
+0.06% |
| 2016-12-31 | ₩64.52 Billion ≈ $43.73 Million |
+25.50% |
| 2015-12-31 | ₩51.41 Billion ≈ $34.84 Million |
-10.79% |
| 2014-12-31 | ₩57.63 Billion ≈ $39.06 Million |
+5.51% |
| 2013-12-31 | ₩54.62 Billion ≈ $37.02 Million |
+0.52% |
| 2012-12-31 | ₩54.34 Billion ≈ $36.83 Million |
+6.41% |
| 2011-12-31 | ₩51.07 Billion ≈ $34.61 Million |
+10.54% |
| 2010-12-31 | ₩46.20 Billion ≈ $31.31 Million |
+4.06% |
| 2009-12-31 | ₩44.40 Billion ≈ $30.09 Million |
-27.06% |
| 2008-12-31 | ₩60.87 Billion ≈ $41.25 Million |
+55.90% |
| 2007-12-31 | ₩39.04 Billion ≈ $26.46 Million |
-5.76% |
| 2006-12-31 | ₩41.43 Billion ≈ $28.08 Million |
-3.63% |
| 2005-12-31 | ₩42.99 Billion ≈ $29.13 Million |
-2.72% |
| 2004-12-31 | ₩44.19 Billion ≈ $29.95 Million |
-23.38% |
| 2003-12-31 | ₩57.68 Billion ≈ $39.09 Million |
-0.35% |
| 2002-12-31 | ₩57.88 Billion ≈ $39.22 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hanil Feed 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 11380513452000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩113.81 Billion | 72.86% |
| Common Stock | ₩19.70 Billion | 12.61% |
| Other Components | ₩22.68 Billion | 14.52% |
| Total Equity | ₩156.19 Billion | 100.00% |
Hanil Feed Co. Ltd Competitors by Market Cap
The table below lists competitors of Hanil Feed Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hurriyet Gazetecilik ve Matbaacilik AS
IS:HURGZ
|
$105.41 Million |
|
Americas Car-Mart Inc
NASDAQ:CRMT
|
$105.43 Million |
|
Frontier Energy Ltd
AU:FHE
|
$105.48 Million |
|
GBM Resources Ltd
AU:GBZ
|
$105.50 Million |
|
Darya-Varia Laboratoria Tbk
JK:DVLA
|
$105.33 Million |
|
Netfonds AG
XETRA:NF4
|
$105.32 Million |
|
Geodrill Ltd
F:7GD
|
$105.31 Million |
|
AleAnna, Inc. Class A Common Stock
NASDAQ:ANNA
|
$105.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanil Feed Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 156,063,104,090 to 156,191,812,130, a change of 128,708,040 (0.1%).
- Net income of 3,685,572,350 contributed positively to equity growth.
- Dividend payments of 2,955,276,380 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.69 Billion | +2.36% |
| Dividends Paid | ₩2.96 Billion | -1.89% |
| Other Changes | ₩-601.59 Million | -0.39% |
| Total Change | ₩- | 0.08% |
Book Value vs Market Value Analysis
This analysis compares Hanil Feed 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: 1.00x
- 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 2.41x to 1.00x 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 | ₩1637.48 | ₩3945.00 | x |
| 2017-12-31 | ₩1638.43 | ₩3945.00 | x |
| 2018-12-31 | ₩1572.83 | ₩3945.00 | x |
| 2019-12-31 | ₩1568.22 | ₩3945.00 | x |
| 2020-12-31 | ₩1590.31 | ₩3945.00 | x |
| 2021-12-31 | ₩1750.51 | ₩3945.00 | x |
| 2022-12-31 | ₩1371.09 | ₩3945.00 | x |
| 2023-12-31 | ₩3960.62 | ₩3945.00 | x |
| 2024-12-31 | ₩3963.89 | ₩3945.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanil Feed 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): 2.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.86%
- • Asset Turnover: 2.08x
- • Equity Multiplier: 1.33x
- Recent ROE (2.36%) is below the historical average (6.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 12.90% | 1.22% | 1.94x | 5.45x | ₩762.83 Million |
| 2003 | 8.72% | 1.03% | 1.80x | 4.72x | ₩-367.47 Million |
| 2006 | 0.92% | 0.10% | 2.03x | 4.39x | ₩-2.26 Billion |
| 2009 | 18.12% | 3.03% | 1.37x | 4.36x | ₩2.69 Billion |
| 2010 | 6.05% | 1.84% | 1.27x | 2.58x | ₩-1.82 Billion |
| 2011 | 5.31% | 1.30% | 1.37x | 2.97x | ₩-2.40 Billion |
| 2012 | 8.01% | 1.80% | 1.62x | 2.73x | ₩-1.08 Billion |
| 2013 | 1.75% | 0.39% | 1.73x | 2.61x | ₩-4.51 Billion |
| 2014 | 7.00% | 1.70% | 1.53x | 2.69x | ₩-1.73 Billion |
| 2015 | -8.30% | -1.54% | 1.52x | 3.56x | ₩-9.41 Billion |
| 2016 | 3.44% | 0.72% | 1.65x | 2.92x | ₩-4.23 Billion |
| 2017 | 2.92% | 0.63% | 1.79x | 2.58x | ₩-4.57 Billion |
| 2018 | 0.58% | 0.12% | 1.77x | 2.80x | ₩-5.84 Billion |
| 2019 | -3.86% | -0.69% | 1.94x | 2.86x | ₩-8.56 Billion |
| 2020 | 3.43% | 0.65% | 2.17x | 2.43x | ₩-4.11 Billion |
| 2021 | 10.46% | 2.03% | 2.03x | 2.54x | ₩315.37 Million |
| 2022 | -26.27% | -3.48% | 2.17x | 3.48x | ₩-19.59 Billion |
| 2023 | 73.75% | 29.00% | 1.64x | 1.55x | ₩99.49 Billion |
| 2024 | 2.36% | 0.86% | 2.08x | 1.33x | ₩-11.93 Billion |
Industry Comparison
This section compares Hanil Feed Co. Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $624,762,189,955
- Average return on equity (ROE) among peers: 2.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanil Feed Co. Ltd (005860) | ₩159.60 Billion | 12.90% | 0.38x | $105.34 Million |
| Daehan Flour Mills Co Ltd (001130) | $238.84 Billion | 11.11% | 1.02x | $174.98 Million |
| Daesang Corp (001680) | $1.45 Trillion | 6.58% | 1.42x | $486.05 Million |
| Daesang Corp Preference Shares (001685) | $1.32 Trillion | 6.28% | 1.41x | $15.68 Million |
| Korea Ind (002140) | $88.76 Billion | 5.76% | 1.06x | $47.32 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $59.77 Million |
| Sam Yang Foods (003230) | $54.47 Billion | 7.75% | 2.83x | $5.05 Billion |
| Daejoo Inc (003310) | $50.50 Billion | 5.36% | 0.67x | $82.87 Million |
| Harim Holdings Co. Ltd (003380) | $2.10 Trillion | 14.57% | 4.53x | $864.77 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $19.75 Million |
| Namyang Dairy (003920) | $737.95 Billion | -10.63% | 0.22x | $209.00 Million |
About Hanil Feed Co. Ltd
Hanil Feed Co., Ltd. produces and sells mixed feed in South Korea. Hanil Feed Co., Ltd. was founded in 1968 and is based in Yongin-si, South Korea.