Hung -Gu Oil Ltd Net Assets
Hung -Gu Oil Ltd net assets. Based on the latest financial reports, Hung -Gu Oil Ltd (024060) has net assets worth ₩78.28 Billion KRW (≈ $53.05 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 (₩92.57 Billion ≈ $62.74 Million USD) and total liabilities (₩14.29 Billion ≈ $9.68 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 024060 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩78.28 Billion |
| % of Total Assets | 84.56% |
| Annual Growth Rate | 1.78% |
| 5-Year Change | -0.85% |
| 10-Year Change | 15.68% |
| Growth Volatility | 2.88 |
Net Assets of Hung -Gu Oil Ltd (2014–2024)
Net assets of Hung -Gu Oil Ltd from 2014 to 2024. This chart illustrates how Hung -Gu Oil Ltd's net assets have evolved over time, based on quarterly financial data. See 024060 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Hung -Gu Oil Ltd (2014–2024)
The table below shows the annual net assets of Hung -Gu Oil Ltd from 2014 to 2024. For live market cap and overall valuation, see Hung -Gu Oil Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩78.92 Billion ≈ $53.48 Million |
-0.22% |
| 2023-12-31 | ₩79.10 Billion ≈ $53.60 Million |
-1.24% |
| 2022-12-31 | ₩80.09 Billion ≈ $54.27 Million |
+1.51% |
| 2021-12-31 | ₩78.90 Billion ≈ $53.47 Million |
-0.88% |
| 2020-12-31 | ₩79.60 Billion ≈ $53.94 Million |
+3.38% |
| 2019-12-31 | ₩77.00 Billion ≈ $52.18 Million |
+9.31% |
| 2018-12-31 | ₩70.44 Billion ≈ $47.74 Million |
+0.99% |
| 2017-12-31 | ₩69.75 Billion ≈ $47.27 Million |
+0.83% |
| 2016-12-31 | ₩69.18 Billion ≈ $46.88 Million |
+1.39% |
| 2015-12-31 | ₩68.23 Billion ≈ $46.24 Million |
+3.11% |
| 2014-12-31 | ₩66.17 Billion ≈ $44.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hung -Gu Oil 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 42.8% over the analyzed period, indicating profitable operations and earnings retention.
Hung -Gu Oil Ltd Net Assets Breakdown (December 2024)
Hung -Gu Oil Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩42.57 Billion | 53.94% |
| Common Stock | ₩1.50 Billion | 1.90% |
| Other Components | ₩34.85 Billion | 44.16% |
| Total Equity | ₩78.92 Billion | 100.00% |
Hung -Gu Oil Ltd Competitors by Market Cap
The table below lists competitors of Hung -Gu Oil Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orian Sh.M. Ltd
TA:ORIN
|
$114.91 Million |
|
Faze Three Limited
NSE:FAZE3Q
|
$114.95 Million |
|
Atakey Patates Gida Sanayi ve Ticaret A.S.
IS:ATAKP
|
$115.00 Million |
|
Genovate Biotechnology Co Ltd
TWO:4130
|
$115.03 Million |
|
Hansae Yes24
KO:016450
|
$114.86 Million |
|
Sun Yad Construction Co Ltd
TW:1316
|
$114.85 Million |
|
Digimarc Corporation
NASDAQ:DMRC
|
$114.85 Million |
|
PT Janu Putra Sejahtera Tbk
JK:AYAM
|
$114.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hung -Gu Oil Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 79,095,399,280 to 78,922,743,550, a change of -172,655,730 (-0.2%).
- Net income of 620,410,670 contributed positively to equity growth.
- Dividend payments of 727,040,850 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩620.41 Million | +0.79% |
| Dividends Paid | ₩727.04 Million | -0.92% |
| Other Changes | ₩-66.03 Million | -0.08% |
| Total Change | ₩- | -0.22% |
Book Value vs Market Value Analysis
This analysis compares Hung -Gu Oil 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: 2.15x
- 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 2.45x to 2.15x 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 | ₩4757.47 | ₩11660.00 | x |
| 2017-12-31 | ₩4797.14 | ₩11660.00 | x |
| 2018-12-31 | ₩4844.45 | ₩11660.00 | x |
| 2019-12-31 | ₩5295.52 | ₩11660.00 | x |
| 2020-12-31 | ₩5474.26 | ₩11660.00 | x |
| 2021-12-31 | ₩5425.83 | ₩11660.00 | x |
| 2022-12-31 | ₩5507.69 | ₩11660.00 | x |
| 2023-12-31 | ₩5439.54 | ₩11660.00 | x |
| 2024-12-31 | ₩5427.67 | ₩11660.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hung -Gu Oil 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): 0.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.53%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 1.18x
- Recent ROE (0.79%) is below the historical average (3.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.70% | 0.93% | 2.79x | 1.05x | ₩-4.83 Billion |
| 2015 | 4.30% | 1.89% | 1.99x | 1.14x | ₩-3.89 Billion |
| 2016 | 3.15% | 1.51% | 1.82x | 1.14x | ₩-4.74 Billion |
| 2017 | 2.96% | 1.33% | 1.95x | 1.15x | ₩-4.91 Billion |
| 2018 | 3.36% | 1.43% | 2.21x | 1.07x | ₩-4.67 Billion |
| 2019 | 10.77% | 5.50% | 1.80x | 1.09x | ₩592.74 Million |
| 2020 | 6.02% | 4.17% | 1.37x | 1.05x | ₩-3.17 Billion |
| 2021 | 1.77% | 1.06% | 1.60x | 1.05x | ₩-6.49 Billion |
| 2022 | 3.32% | 1.81% | 1.56x | 1.17x | ₩-5.35 Billion |
| 2023 | 1.43% | 0.89% | 1.38x | 1.16x | ₩-6.78 Billion |
| 2024 | 0.79% | 0.53% | 1.26x | 1.18x | ₩-7.27 Billion |
Industry Comparison
This section compares Hung -Gu Oil Ltd's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $50,141,548,050
- Average return on equity (ROE) among peers: 5.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hung -Gu Oil Ltd (024060) | ₩78.28 Billion | 2.70% | 0.18x | $114.90 Million |
| Joong Ang Enervis Co. Ltd (000440) | $50.14 Billion | 5.25% | 0.48x | $36.07 Million |
About Hung -Gu Oil Ltd
Hung -Gu Oil Ltd sells petroleum products in South Korea. It sells gasoline, low sulfur diesel, diesel, and kerosene. The company also leases gas stations and machineries. Hung -Gu Oil Ltd was founded in 1966 and is headquartered in Daegu, South Korea.