Hy-Lok Corporation
Hy-Lok Corporation operates in the fluid and control system industry worldwide. It offers fittings, including tube, high pressure, RS, hose, clean, o-ring face seal, instrument thread and weld, and pipe fittings, as well as quick connectors, flanges, pre-insulated tubing, and Teflon flexible hose. The company also provides needle, manifold, ball and plug, high pressure, double block and bleed, cr… Read more
Hy-Lok Corporation (013030) - Net Assets
Latest net assets as of September 2025: ₩442.03 Billion KRW
Based on the latest financial reports, Hy-Lok Corporation (013030) has net assets worth ₩442.03 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 (₩479.89 Billion) and total liabilities (₩37.86 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 | ₩442.03 Billion |
| % of Total Assets | 92.11% |
| Annual Growth Rate | 8.05% |
| 5-Year Change | 32.2% |
| 10-Year Change | 54.69% |
| Growth Volatility | 5.82 |
Hy-Lok Corporation - Net Assets Trend (2011–2024)
This chart illustrates how Hy-Lok Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hy-Lok Corporation (2011–2024)
The table below shows the annual net assets of Hy-Lok Corporation from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩435.96 Billion | +7.15% |
| 2023-12-31 | ₩406.86 Billion | +7.88% |
| 2022-12-31 | ₩377.16 Billion | +9.43% |
| 2021-12-31 | ₩344.66 Billion | +4.52% |
| 2020-12-31 | ₩329.76 Billion | -3.44% |
| 2019-12-31 | ₩341.52 Billion | +1.83% |
| 2018-12-31 | ₩335.38 Billion | +2.26% |
| 2017-12-31 | ₩327.98 Billion | +7.35% |
| 2016-12-31 | ₩305.52 Billion | +8.41% |
| 2015-12-31 | ₩281.82 Billion | +13.24% |
| 2014-12-31 | ₩248.88 Billion | +14.99% |
| 2013-12-31 | ₩216.43 Billion | +15.79% |
| 2012-12-31 | ₩186.91 Billion | +17.27% |
| 2011-12-31 | ₩159.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hy-Lok Corporation'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 39800683809000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩398.01 Billion | 92.20% |
| Common Stock | ₩6.81 Billion | 1.58% |
| Other Components | ₩26.88 Billion | 6.23% |
| Total Equity | ₩431.69 Billion | 100.00% |
Hy-Lok Corporation Competitors by Market Cap
The table below lists competitors of Hy-Lok Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
$170.91 Million |
|
SAMCO Inc
F:SMU
|
$170.96 Million |
|
Guangdong Liantai Environmental Protection Co Ltd
SHG:603797
|
$171.03 Million |
|
BEGBIES TRAYNOR LS -05
F:BTA
|
$171.04 Million |
|
Astral Foods Limited
PINK:ALFDF
|
$170.88 Million |
|
JMT Network Services Public Company Limited
BK:JMT
|
$170.83 Million |
|
Ocean’s King Lighting Science & Technology Co Ltd
SHE:002724
|
$170.81 Million |
|
Highpeak Energy Acquisition Corp
NASDAQ:HPK
|
$170.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hy-Lok Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 403,509,201,830 to 431,688,459,080, a change of 28,179,257,250 (7.0%).
- Net income of 47,510,595,960 contributed positively to equity growth.
- Dividend payments of 13,217,626,800 reduced retained earnings.
- Share repurchases of 12,020,670,050 reduced equity.
- Other factors increased equity by 5,906,958,140.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩47.51 Billion | +11.01% |
| Dividends Paid | ₩13.22 Billion | -3.06% |
| Share Repurchases | ₩12.02 Billion | -2.78% |
| Other Changes | ₩5.91 Billion | +1.37% |
| Total Change | ₩- | 6.98% |
Book Value vs Market Value Analysis
This analysis compares Hy-Lok Corporation'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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.58x to 1.01x 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 | ₩22443.06 | ₩35350.00 | x |
| 2017-12-31 | ₩24092.39 | ₩35350.00 | x |
| 2018-12-31 | ₩24636.60 | ₩35350.00 | x |
| 2019-12-31 | ₩25087.42 | ₩35350.00 | x |
| 2020-12-31 | ₩25650.54 | ₩35350.00 | x |
| 2021-12-31 | ₩26809.04 | ₩35350.00 | x |
| 2022-12-31 | ₩29336.95 | ₩35350.00 | x |
| 2023-12-31 | ₩31386.72 | ₩35350.00 | x |
| 2024-12-31 | ₩35109.63 | ₩35350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hy-Lok Corporation 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): 11.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.94%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.09x
- Recent ROE (11.01%) is above the historical average (10.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 15.35% | 16.52% | 0.65x | 1.42x | ₩8.43 Billion |
| 2012 | 15.66% | 15.38% | 0.76x | 1.35x | ₩10.44 Billion |
| 2013 | 15.31% | 17.42% | 0.68x | 1.29x | ₩11.33 Billion |
| 2014 | 15.42% | 19.61% | 0.63x | 1.24x | ₩13.30 Billion |
| 2015 | 15.22% | 20.51% | 0.62x | 1.19x | ₩14.73 Billion |
| 2016 | 9.89% | 17.06% | 0.50x | 1.16x | ₩-339.83 Million |
| 2017 | 7.17% | 12.87% | 0.48x | 1.16x | ₩-9.28 Billion |
| 2018 | 3.44% | 9.29% | 0.33x | 1.11x | ₩-22.00 Billion |
| 2019 | 3.77% | 9.07% | 0.37x | 1.12x | ₩-21.26 Billion |
| 2020 | 1.60% | 3.82% | 0.38x | 1.11x | ₩-27.70 Billion |
| 2021 | 5.65% | 13.27% | 0.39x | 1.10x | ₩-14.99 Billion |
| 2022 | 8.98% | 18.52% | 0.44x | 1.09x | ₩-3.85 Billion |
| 2023 | 11.73% | 25.06% | 0.43x | 1.10x | ₩6.98 Billion |
| 2024 | 11.01% | 24.94% | 0.40x | 1.09x | ₩4.34 Billion |
Industry Comparison
This section compares Hy-Lok Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $135,419,592,788
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hy-Lok Corporation (013030) | ₩442.03 Billion | 15.35% | 0.09x | $170.89 Million |
| Hwacheon Mac (000850) | $337.27 Billion | 2.57% | 0.27x | $28.32 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $11.34 Million |
| Booster Co. Ltd (008470) | $78.71 Billion | -1.57% | 0.22x | $7.43 Million |
| Simpac (009160) | $177.87 Billion | 4.27% | 0.64x | $73.77 Million |
| Kyung Dong Navien Co Ltd (009450) | $187.28 Billion | 5.94% | 0.89x | $260.71 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $5.93 Million |
| Woojin I&S Co Ltd (010400) | $59.84 Billion | 17.27% | 0.32x | $6.85 Million |
| Hwacheon Machi (010660) | $124.59 Billion | -4.92% | 0.27x | $43.29 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $87.00 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $45.77 Million |