HRS Co. Ltd (036640) - Net Assets
Based on the latest financial reports, HRS Co. Ltd (036640) has net assets worth ₩128.57 Billion KRW (≈ $87.13 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 (₩142.83 Billion ≈ $96.80 Million USD) and total liabilities (₩14.26 Billion ≈ $9.67 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. Check 036640 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩128.57 Billion |
| % of Total Assets | 90.01% |
| Annual Growth Rate | 5.4% |
| 5-Year Change | 51.08% |
| 10-Year Change | 69.89% |
| Growth Volatility | 7.03 |
HRS Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how HRS Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 036640 asset base for the complete picture of this company's asset base.
Annual Net Assets for HRS Co. Ltd (2011–2024)
The table below shows the annual net assets of HRS Co. Ltd from 2011 to 2024. For live valuation and market cap data, see how much is HRS Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩122.64 Billion ≈ $83.11 Million |
+7.11% |
| 2023-12-31 | ₩114.51 Billion ≈ $77.60 Million |
+7.57% |
| 2022-12-31 | ₩106.45 Billion ≈ $72.14 Million |
+7.02% |
| 2021-12-31 | ₩99.47 Billion ≈ $67.41 Million |
+22.53% |
| 2020-12-31 | ₩81.18 Billion ≈ $55.01 Million |
+10.93% |
| 2019-12-31 | ₩73.18 Billion ≈ $49.59 Million |
+2.26% |
| 2018-12-31 | ₩71.56 Billion ≈ $48.50 Million |
-11.03% |
| 2017-12-31 | ₩80.44 Billion ≈ $54.51 Million |
+7.60% |
| 2016-12-31 | ₩74.76 Billion ≈ $50.66 Million |
+3.56% |
| 2015-12-31 | ₩72.19 Billion ≈ $48.92 Million |
+5.70% |
| 2014-12-31 | ₩68.29 Billion ≈ $46.28 Million |
+5.54% |
| 2013-12-31 | ₩64.71 Billion ≈ $43.85 Million |
+2.49% |
| 2012-12-31 | ₩63.14 Billion ≈ $42.79 Million |
+1.98% |
| 2011-12-31 | ₩61.91 Billion ≈ $41.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HRS 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 10450795559000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩104.51 Billion | 85.21% |
| Common Stock | ₩8.18 Billion | 6.67% |
| Other Components | ₩9.96 Billion | 8.12% |
| Total Equity | ₩122.64 Billion | 100.00% |
HRS Co. Ltd Competitors by Market Cap
The table below lists competitors of HRS Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sheh Fung Screws Co Ltd
TWO:2065
|
$58.13 Million |
|
Hyundai Industrial Co. Ltd
KQ:170030
|
$58.13 Million |
|
Fiducial Office Solutions
PA:SACI
|
$58.14 Million |
|
Samho Dev
KO:010960
|
$58.15 Million |
|
Golden Energy Offshore Services AS
OL:GEOS
|
$58.11 Million |
|
Makmur Berkah Amanda Pt
JK:AMAN
|
$58.10 Million |
|
NSTS Bancorp Inc
NASDAQ:NSTS
|
$58.10 Million |
|
PW Consolidated Bhd
KLSE:7134
|
$58.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HRS Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 114,507,188,070 to 122,643,203,450, a change of 8,136,015,380 (7.1%).
- Net income of 15,109,839,930 contributed positively to equity growth.
- Dividend payments of 4,794,529,500 reduced retained earnings.
- Other factors decreased equity by 2,179,295,050.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.11 Billion | +12.32% |
| Dividends Paid | ₩4.79 Billion | -3.91% |
| Other Changes | ₩-2.18 Billion | -1.78% |
| Total Change | ₩- | 7.11% |
Book Value vs Market Value Analysis
This analysis compares HRS 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: 0.70x
- 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 1.17x to 0.70x 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 | ₩4570.97 | ₩5350.00 | x |
| 2017-12-31 | ₩4918.23 | ₩5350.00 | x |
| 2018-12-31 | ₩4375.75 | ₩5350.00 | x |
| 2019-12-31 | ₩4474.54 | ₩5350.00 | x |
| 2020-12-31 | ₩5079.51 | ₩5350.00 | x |
| 2021-12-31 | ₩6224.07 | ₩5350.00 | x |
| 2022-12-31 | ₩6660.73 | ₩5350.00 | x |
| 2023-12-31 | ₩7164.86 | ₩5350.00 | x |
| 2024-12-31 | ₩7673.95 | ₩5350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HRS 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): 12.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.83%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.11x
- Recent ROE (12.32%) is above the historical average (7.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.53% | 9.13% | 0.80x | 1.17x | ₩-910.19 Million |
| 2012 | 5.61% | 5.79% | 0.83x | 1.16x | ₩-2.77 Billion |
| 2013 | 3.64% | 4.17% | 0.69x | 1.26x | ₩-4.12 Billion |
| 2014 | 6.92% | 8.24% | 0.67x | 1.25x | ₩-2.10 Billion |
| 2015 | 5.78% | 6.99% | 0.67x | 1.23x | ₩-3.05 Billion |
| 2016 | 5.31% | 7.03% | 0.58x | 1.30x | ₩-3.51 Billion |
| 2017 | 7.82% | 9.29% | 0.66x | 1.28x | ₩-1.76 Billion |
| 2018 | -10.45% | -10.03% | 0.72x | 1.45x | ₩-14.64 Billion |
| 2019 | 1.34% | 1.47% | 0.74x | 1.23x | ₩-6.34 Billion |
| 2020 | 11.35% | 13.66% | 0.73x | 1.13x | ₩1.09 Billion |
| 2021 | 20.93% | 24.77% | 0.70x | 1.21x | ₩10.87 Billion |
| 2022 | 9.43% | 11.65% | 0.74x | 1.10x | ₩-611.90 Million |
| 2023 | 10.57% | 15.49% | 0.62x | 1.10x | ₩655.84 Million |
| 2024 | 12.32% | 18.83% | 0.59x | 1.11x | ₩2.85 Billion |
Industry Comparison
This section compares HRS 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: $81,230,892,403
- Average return on equity (ROE) among peers: 7.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HRS Co. Ltd (036640) | ₩128.57 Billion | 8.53% | 0.11x | $58.13 Million |
| CBI Co. Ltd (013720) | $58.30 Billion | -25.35% | 0.35x | $3.65 Million |
| Ilji Technology Co. Ltd (019540) | $62.17 Billion | 12.33% | 2.56x | $63.54 Million |
| Hanil Forging Industrial Co. Ltd (024740) | $88.74 Billion | -3.08% | 1.60x | $70.69 Million |
| Ecoplastic Corporation (038110) | $74.25 Billion | 12.92% | 2.02x | $64.02 Million |
| Saedong Co.Ltd (053060) | $37.42 Billion | 26.19% | 2.15x | $18.17 Million |
| Guyoung Technology Co. Ltd (053270) | $71.70 Billion | 4.68% | 1.88x | $39.94 Million |
| Sambo Motors Co. Ltd (053700) | $263.80 Billion | 8.10% | 2.28x | $65.08 Million |
| ESTec Corporation (069510) | $33.53 Billion | 21.14% | 0.91x | $92.96 Million |
| Sungchang Autotech Co. Ltd (080470) | $41.17 Billion | 9.36% | 1.80x | $21.25 Million |
About HRS Co. Ltd
HRS Co., Ltd engages in the manufacture and sale of silicone products in South Korea. The company offers high consistency silicone rubber, liquid silicone rubber, room temperature vulcanizing silicone rubber, silicon sheets, pressure sensitive adhesives, silicone rubber articles, silicone emulsion, and fluorine silicone. Its products are used in keypads, O/A rolls, industrial rolls, interconnecto… Read more