Heungkuk Metaltech Co.Ltd (010240) - Net Assets
Based on the latest financial reports, Heungkuk Metaltech Co.Ltd (010240) has net assets worth ₩118.27 Billion KRW (≈ $80.15 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 (₩135.63 Billion ≈ $91.91 Million USD) and total liabilities (₩17.36 Billion ≈ $11.76 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. Also explore 010240 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩118.27 Billion |
| % of Total Assets | 87.2% |
| Annual Growth Rate | 10.88% |
| 5-Year Change | 37.66% |
| 10-Year Change | 137.85% |
| Growth Volatility | 13.57 |
Heungkuk Metaltech Co.Ltd - Net Assets Trend (2010–2025)
This chart illustrates how Heungkuk Metaltech Co.Ltd's net assets have evolved over time, based on quarterly financial data. Check 010240 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Heungkuk Metaltech Co.Ltd (2010–2025)
The table below shows the annual net assets of Heungkuk Metaltech Co.Ltd from 2010 to 2025. For live valuation and market cap data, see 010240 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩118.27 Billion ≈ $80.15 Million |
+8.32% |
| 2024-12-31 | ₩109.18 Billion ≈ $73.99 Million |
+9.94% |
| 2023-12-31 | ₩99.31 Billion ≈ $67.30 Million |
+7.87% |
| 2022-12-31 | ₩92.06 Billion ≈ $62.39 Million |
+7.15% |
| 2021-12-31 | ₩85.92 Billion ≈ $58.22 Million |
+16.06% |
| 2020-12-31 | ₩74.03 Billion ≈ $50.17 Million |
+9.69% |
| 2019-12-31 | ₩67.49 Billion ≈ $45.74 Million |
+9.46% |
| 2018-12-31 | ₩61.66 Billion ≈ $41.79 Million |
+11.59% |
| 2017-12-31 | ₩55.26 Billion ≈ $37.45 Million |
+11.12% |
| 2016-12-31 | ₩49.72 Billion ≈ $33.70 Million |
+6.18% |
| 2015-12-31 | ₩46.83 Billion ≈ $31.74 Million |
+1.97% |
| 2014-12-31 | ₩45.92 Billion ≈ $31.12 Million |
+2.05% |
| 2013-12-31 | ₩45.00 Billion ≈ $30.50 Million |
+5.72% |
| 2012-12-31 | ₩42.57 Billion ≈ $28.85 Million |
+5.52% |
| 2011-12-31 | ₩40.35 Billion ≈ $27.34 Million |
+60.59% |
| 2010-12-31 | ₩25.12 Billion ≈ $17.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Heungkuk Metaltech 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 11048531824000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩110.49 Billion | 93.42% |
| Other Components | ₩7.79 Billion | 6.58% |
| Total Equity | ₩118.27 Billion | 100.00% |
Heungkuk Metaltech Co.Ltd Competitors by Market Cap
The table below lists competitors of Heungkuk Metaltech Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICD Co. Ltd
KQ:040910
|
$44.93 Million |
|
Dunia Virtual Online Tbk Pt
JK:AREA
|
$44.94 Million |
|
Matang Bhd
KLSE:0189
|
$44.99 Million |
|
Sinher Technology Inc
TW:4999
|
$45.00 Million |
|
SKB Shutters Corporation Bhd
KLSE:7115
|
$44.93 Million |
|
Mister Spex SE
F:MRX
|
$44.92 Million |
|
LTKM Bhd
KLSE:7085
|
$44.91 Million |
|
Korea Computer Inc
KQ:054040
|
$44.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heungkuk Metaltech Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 109,182,934,490 to 118,271,584,270, a change of 9,088,649,780 (8.3%).
- Net income of 12,200,254,260 contributed positively to equity growth.
- Dividend payments of 2,442,593,120 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩12.20 Billion | +10.32% |
| Dividends Paid | ₩2.44 Billion | -2.07% |
| Other Changes | ₩-669.01 Million | -0.57% |
| Total Change | ₩- | 8.32% |
Book Value vs Market Value Analysis
This analysis compares Heungkuk Metaltech 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: 0.51x
- 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 1.33x to 0.51x 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 | ₩4035.21 | ₩5380.00 | x |
| 2017-12-31 | ₩4484.06 | ₩5380.00 | x |
| 2018-12-31 | ₩5003.65 | ₩5380.00 | x |
| 2019-12-31 | ₩5476.80 | ₩5380.00 | x |
| 2020-12-31 | ₩6409.71 | ₩5380.00 | x |
| 2021-12-31 | ₩7438.80 | ₩5380.00 | x |
| 2022-12-31 | ₩7970.78 | ₩5380.00 | x |
| 2023-12-31 | ₩8598.47 | ₩5380.00 | x |
| 2024-12-31 | ₩9833.91 | ₩5380.00 | x |
| 2025-12-31 | ₩10652.51 | ₩5380.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heungkuk Metaltech 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): 10.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.90%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.15x
- Recent ROE (10.32%) is below the historical average (10.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 19.00% | 6.45% | 1.51x | 1.95x | ₩2.26 Billion |
| 2011 | 17.49% | 6.54% | 1.20x | 2.24x | ₩3.02 Billion |
| 2012 | 8.28% | 3.91% | 1.01x | 2.10x | ₩-731.15 Million |
| 2013 | 7.23% | 4.13% | 0.94x | 1.87x | ₩-1.25 Billion |
| 2014 | 3.64% | 2.29% | 0.92x | 1.72x | ₩-2.92 Billion |
| 2015 | 3.01% | 2.19% | 0.88x | 1.57x | ₩-3.27 Billion |
| 2016 | 7.28% | 5.77% | 0.90x | 1.40x | ₩-1.35 Billion |
| 2017 | 12.58% | 7.59% | 1.17x | 1.41x | ₩1.43 Billion |
| 2018 | 13.49% | 7.05% | 1.34x | 1.43x | ₩2.15 Billion |
| 2019 | 10.38% | 6.70% | 1.13x | 1.37x | ₩254.04 Million |
| 2020 | 15.88% | 9.87% | 1.10x | 1.47x | ₩4.35 Billion |
| 2021 | 13.81% | 8.36% | 1.20x | 1.38x | ₩3.27 Billion |
| 2022 | 9.29% | 6.35% | 1.14x | 1.28x | ₩-656.17 Million |
| 2023 | 13.27% | 8.82% | 1.22x | 1.23x | ₩3.25 Billion |
| 2024 | 9.66% | 8.20% | 1.02x | 1.16x | ₩-367.94 Million |
| 2025 | 10.32% | 8.90% | 1.01x | 1.15x | ₩373.10 Million |
Industry Comparison
This section compares Heungkuk Metaltech Co.Ltd's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $98,371,113,766
- Average return on equity (ROE) among peers: 1.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heungkuk Metaltech Co.Ltd (010240) | ₩118.27 Billion | 19.00% | 0.15x | $44.93 Million |
| Bosung Power Technology Co. Ltd (006910) | $84.16 Billion | -11.19% | 0.47x | $196.16 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $36.66 Billion | 7.02% | 2.67x | $14.66 Million |
| SMCore.Inc (007820) | $68.83 Billion | -0.84% | 0.35x | $39.71 Million |
| Nuintek Co.Ltd (012340) | $27.79 Billion | 1.28% | 1.92x | $29.90 Million |
| CAS Corporation (016920) | $44.29 Billion | -4.98% | 2.16x | $14.68 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $65.83 Billion | 5.57% | 0.15x | $66.64 Million |
| Enertork Ltd (019990) | $40.06 Billion | 1.22% | 0.07x | $30.98 Million |
| Tae Kwang Corporation (023160) | $480.09 Billion | 7.45% | 0.24x | $376.89 Million |
| Woori Technology Inc (032820) | $37.62 Billion | 8.68% | 1.27x | $646.77 Million |
About Heungkuk Metaltech Co.Ltd
Heungkuk Metaltech Co.,Ltd. manufactures and sells forging parts for use in automobiles, heavy equipment, and industrial and construction machinery in South Korea and internationally. The company offers forging parts, including cover, M-base, body, side cutter, flange, and rod and cover end parts; upper and lower roller flanges; and ring gear, sun gear, gear shaft, spider, crank shaft, CON-ROD, k… Read more