Hanil Forging Industrial Co. Ltd

KQ:024740 Korea Automobiles & Auto Parts
Market Cap
$62.55 Million
₩91.59 Billion KRW
Market Cap Rank
#21832 Global
#1065 in Korea
Share Price
₩3095.00
Change (1 day)
-4.33%
52-Week Range
₩2040.00 - ₩3945.00
All Time High
₩5460.00
Categories
Companies in Korea Automobiles & Auto Parts
About

Hanil Forging Industrial Co., Ltd. produces and supplies automobile components in South Korea and internationally. The company provides axle shafts, spindles, ring gears, hammer forgings, and aluminum forgings for use in SUVs, trucks, buses, trailers, electric trains, ships, aircrafts, and passenger cars, as well as in industrial machinery. It also offers defense industrial products, which are us… Read more

Hanil Forging Industrial Co. Ltd (024740) - Net Assets

Latest net assets as of September 2025: ₩141.85 Billion KRW

Based on the latest financial reports, Hanil Forging Industrial Co. Ltd (024740) has net assets worth ₩141.85 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 (₩261.38 Billion) and total liabilities (₩119.53 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 ₩141.85 Billion
% of Total Assets 54.27%
Annual Growth Rate 7.0%
5-Year Change 25.3%
10-Year Change 64.57%
Growth Volatility 13.49

Hanil Forging Industrial Co. Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Hanil Forging Industrial Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hanil Forging Industrial Co. Ltd (2008–2024)

The table below shows the annual net assets of Hanil Forging Industrial Co. Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 ₩132.85 Billion +7.43%
2023-12-31 ₩123.67 Billion +10.60%
2022-12-31 ₩111.82 Billion +12.69%
2021-12-31 ₩99.23 Billion -6.41%
2020-12-31 ₩106.02 Billion -4.09%
2019-12-31 ₩110.55 Billion +5.36%
2018-12-31 ₩104.93 Billion +18.24%
2017-12-31 ₩88.74 Billion +3.28%
2016-12-31 ₩85.92 Billion +6.43%
2015-12-31 ₩80.73 Billion +1.70%
2014-12-31 ₩79.38 Billion -0.43%
2013-12-31 ₩79.72 Billion -4.81%
2012-12-31 ₩83.75 Billion -3.31%
2011-12-31 ₩86.61 Billion +6.76%
2010-12-31 ₩81.13 Billion +19.29%
2009-12-31 ₩68.01 Billion +51.16%
2008-12-31 ₩44.99 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hanil Forging Industrial 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 6863222567000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩68.63 Billion 51.66%
Common Stock ₩16.45 Billion 12.38%
Other Components ₩47.77 Billion 35.96%
Total Equity ₩132.85 Billion 100.00%

Hanil Forging Industrial Co. Ltd Competitors by Market Cap

The table below lists competitors of Hanil Forging Industrial Co. Ltd ranked by their market capitalization.

Company Market Cap
QS Energy Inc
PINK:QSEP
 		$43.86 Million
South Basic Chemicals JSC
VN:CSV
 		$43.86 Million
PRL Global Ltd
AU:PRG
 		$43.86 Million
BIDV Securities JSC
VN:BSI
 		$43.87 Million
Kukje Pharma Co Ltd
KO:002720
 		$43.83 Million
Amogreentech Co.Ltd
KQ:125210
 		$43.82 Million
Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag
F:0AP
 		$43.82 Million
Everspring Industry Co Ltd
TW:2390
 		$43.81 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 119,627,993,850 to 132,850,228,080, a change of 13,222,234,230 (11.1%).
  • Net income of 6,236,170,020 contributed positively to equity growth.
  • Other factors increased equity by 6,986,064,210.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩6.24 Billion +4.69%
Other Changes ₩6.99 Billion +5.26%
Total Change ₩- 11.05%

Book Value vs Market Value Analysis

This analysis compares Hanil Forging Industrial 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: 0.76x
  • 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 increased from 0.63x to 0.76x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 ₩4875.86 ₩3095.00 x
2017-12-31 ₩4140.55 ₩3095.00 x
2018-12-31 ₩3545.80 ₩3095.00 x
2019-12-31 ₩3735.84 ₩3095.00 x
2020-12-31 ₩3582.87 ₩3095.00 x
2021-12-31 ₩3353.34 ₩3095.00 x
2022-12-31 ₩3586.74 ₩3095.00 x
2023-12-31 ₩3830.21 ₩3095.00 x
2024-12-31 ₩4075.50 ₩3095.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hanil Forging Industrial 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): 4.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.47%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.99x
  • Recent ROE (4.69%) is above the historical average (2.43%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 13.74% 7.19% 0.92x 2.08x ₩1.65 Billion
2009 4.24% 4.16% 0.52x 1.97x ₩-3.86 Billion
2010 6.24% 5.35% 0.56x 2.08x ₩-3.01 Billion
2011 2.11% 1.41% 0.64x 2.35x ₩-6.78 Billion
2014 -0.38% -0.21% 0.69x 2.62x ₩-8.20 Billion
2015 2.96% 1.57% 0.74x 2.53x ₩-5.67 Billion
2016 3.52% 2.50% 0.60x 2.34x ₩-5.57 Billion
2017 -3.08% -2.05% 0.58x 2.60x ₩-11.60 Billion
2018 -1.06% -0.73% 0.67x 2.17x ₩-11.61 Billion
2019 2.86% 2.24% 0.60x 2.11x ₩-7.89 Billion
2020 -3.19% -2.45% 0.59x 2.20x ₩-13.98 Billion
2021 -8.66% -5.64% 0.68x 2.26x ₩-18.52 Billion
2022 6.15% 3.88% 0.69x 2.31x ₩-4.30 Billion
2023 6.25% 4.19% 0.69x 2.15x ₩-4.49 Billion
2024 4.69% 4.47% 0.53x 1.99x ₩-7.05 Billion

Industry Comparison

This section compares Hanil Forging Industrial Co. Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.

Industry Context

  • Industry: Automobiles & Auto Parts
  • Average net assets among peers: $94,555,034,909
  • Average return on equity (ROE) among peers: 5.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hanil Forging Industrial Co. Ltd (024740) ₩141.85 Billion 13.74% 0.84x $43.83 Million
CBI Co. Ltd (013720) $20.41 Billion -2.75% 0.67x $40.80 Million
Ilji Technology Co. Ltd (019540) $150.33 Billion 14.97% 2.83x $32.48 Million
CNH Co. Ltd (023460) $103.69 Billion 0.82% 3.06x $122.68K
HRS Co. Ltd (036640) $68.29 Billion 6.92% 0.25x $30.07 Million
Ecoplastic Corporation (038110) $110.62 Billion -11.09% 4.54x $47.95 Million
Saedong Co.Ltd (053060) $23.92 Billion 4.18% 2.29x $10.59 Million
Guyoung Technology Co. Ltd (053270) $21.36 Billion 2.69% 4.61x $20.94 Million
Sambo Motors Co. Ltd (053700) $318.85 Billion 9.35% 2.25x $44.98 Million
ESTec Corporation (069510) $33.53 Billion 21.14% 0.91x $31.04 Million