Human N Inc (032860) - Net Assets
Based on the latest financial reports, Human N Inc (032860) has net assets worth ₩51.70 Billion KRW (≈ $35.03 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩54.66 Billion ≈ $37.04 Million USD) and total liabilities (₩2.96 Billion ≈ $2.01 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 032860 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩51.70 Billion |
| % of Total Assets | 94.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | 61.68% |
| 10-Year Change | 124.1% |
| Growth Volatility | 279.42 |
Human N Inc - Net Assets Trend (2015–2025)
This chart illustrates how Human N Inc's net assets have evolved over time, based on quarterly financial data. Check Human N Inc (032860) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Human N Inc (2015–2025)
The table below shows the annual net assets of Human N Inc from 2015 to 2025. For live valuation and market cap data, see how much is Human N Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩52.42 Billion ≈ $35.53 Million |
-7.44% |
| 2024-12-31 | ₩56.64 Billion ≈ $38.38 Million |
+9.50% |
| 2023-12-31 | ₩51.73 Billion ≈ $35.05 Million |
+104.36% |
| 2022-12-31 | ₩25.31 Billion ≈ $17.15 Million |
-21.94% |
| 2021-12-31 | ₩32.42 Billion ≈ $21.97 Million |
+876.10% |
| 2020-12-31 | ₩3.32 Billion ≈ $2.25 Million |
-84.12% |
| 2019-12-31 | ₩20.91 Billion ≈ $14.17 Million |
+20.74% |
| 2018-12-31 | ₩17.32 Billion ≈ $11.74 Million |
-36.57% |
| 2017-12-31 | ₩27.31 Billion ≈ $18.51 Million |
+16.74% |
| 2016-12-31 | ₩23.39 Billion ≈ $15.85 Million |
+239.44% |
| 2015-12-31 | ₩-16.78 Billion ≈ $-11.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Human N Inc'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 decreased by 2122565883000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩128.97 Billion | 246.02% |
| Total Equity | ₩52.42 Billion | 100.00% |
Human N Inc Competitors by Market Cap
The table below lists competitors of Human N Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPECO Ltd
KQ:013810
|
$16.96 Million |
|
Zelan Bhd
KLSE:2283
|
$16.97 Million |
|
Fondia Oyj
HE:FONDIA
|
$16.98 Million |
|
Sunrise New Energy Co. Ltd
NASDAQ:EPOW
|
$16.98 Million |
|
SenzaGen AB
ST:SENZA
|
$16.96 Million |
|
Inter Rock Minerals Inc
V:IRO
|
$16.95 Million |
|
National Tyre & Wheel Limited
F:N37
|
$16.95 Million |
|
Lagnam Spintex Limited
NSE:LAGNAM
|
$16.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Human N Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 56,640,232,600 to 52,424,318,300, a change of -4,215,914,300 (-7.4%).
- Net loss of 4,645,964,740 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.65 Billion | -8.86% |
| Other Changes | ₩430.05 Million | +0.82% |
| Total Change | ₩- | -7.44% |
Book Value vs Market Value Analysis
This analysis compares Human N Inc'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: 0.48x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩1411.34 | ₩621.00 | x |
| 2023-12-31 | ₩1317.61 | ₩621.00 | x |
| 2024-12-31 | ₩1405.84 | ₩621.00 | x |
| 2025-12-31 | ₩1301.20 | ₩621.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Human N Inc 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): -8.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.12%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.06x
- Recent ROE (-8.86%) is above the historical average (-111.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -62.72% | 1.77x | 0.00x | ₩-33.03 Billion |
| 2016 | -27.04% | -9.46% | 1.70x | 1.68x | ₩-8.66 Billion |
| 2017 | 1.00% | 0.24% | 3.21x | 1.31x | ₩-2.46 Billion |
| 2018 | -57.55% | -9.49% | 2.41x | 2.52x | ₩-11.70 Billion |
| 2019 | -16.67% | -4.93% | 1.71x | 1.97x | ₩-5.58 Billion |
| 2020 | -1049.90% | -547.77% | 0.16x | 12.32x | ₩-35.21 Billion |
| 2021 | -45.61% | -31.29% | 1.05x | 1.39x | ₩-18.03 Billion |
| 2022 | -22.15% | -8.96% | 2.21x | 1.12x | ₩-8.14 Billion |
| 2023 | -6.37% | -6.46% | 0.78x | 1.27x | ₩-8.47 Billion |
| 2024 | 4.37% | 3.55% | 1.13x | 1.09x | ₩-3.19 Billion |
| 2025 | -8.86% | -9.12% | 0.91x | 1.06x | ₩-9.89 Billion |
Industry Comparison
This section compares Human N Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $40,535,394,510
- Average return on equity (ROE) among peers: -64.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Human N Inc (032860) | ₩51.70 Billion | 0.00% | 0.06x | $16.96 Million |
| E& Corporation CO. LTD (066980) | $60.77 Billion | -128.87% | 1.90x | $54.20 Million |
| ENVIONEER Co.Ltd (317870) | $20.30 Billion | -0.80% | 0.97x | $21.34 Million |
About Human N Inc
The Lamy Co., Ltd., engages in recycling business in South Korea. The company is also involved in the distribution of ferrous and non-ferrous crap, as well as scrap iron and steel products. In addition, it is involved in cosmetics business. The company was formerly known as Human N, Inc. The Lamy Co., Ltd. was founded in 1986 and is headquartered in Gapyeong-Eup, South Korea.