HRS Co. Ltd (036640) - Net Assets

Latest as of December 2025: ₩129.65 Billion KRW ≈ $87.86 Million USD

Based on the latest financial reports, HRS Co. Ltd (036640) has net assets worth ₩129.65 Billion KRW (≈ $87.86 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩142.54 Billion ≈ $96.60 Million USD) and total liabilities (₩12.89 Billion ≈ $8.74 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 HRS Co. Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩129.65 Billion
% of Total Assets	90.96%
Annual Growth Rate	5.42%
5-Year Change	30.34%
10-Year Change	73.43%
Growth Volatility	6.77

HRS Co. Ltd - Net Assets Trend (2011–2025)

This chart illustrates how HRS Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 036640 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for HRS Co. Ltd (2011–2025)

The table below shows the annual net assets of HRS Co. Ltd from 2011 to 2025. For live valuation and market cap data, see how much is HRS Co. Ltd worth.

Year	Net Assets	Change
2025-12-31	₩129.65 Billion ≈ $87.86 Million	+5.71%
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	--

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 11148179367000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩111.48 Billion	85.99%
Other Components	₩18.17 Billion	14.01%
Total Equity	₩129.65 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
Novotek AB ST:NTEK-B	$52.29 Million
CoAsia Corporation KQ:045970	$52.30 Million
VirnetX Holding Corp Common Stock NASDAQ:VHC	$52.32 Million
China Bicycle Co Holdings Ltd SHE:200017	$52.33 Million
Linq Minerals Limited AU:LNQ	$52.24 Million
Wahana Ottomitra Multiartha JK:WOMF	$52.22 Million
Gmb Korea KO:013870	$52.22 Million
Croda International PLC LSE:CRDA	$52.21 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 2024 to 2025, total equity changed from 122,643,203,450 to 129,649,419,550, a change of 7,006,216,100 (5.7%).
Net income of 13,525,622,440 contributed positively to equity growth.
Dividend payments of 4,794,529,500 reduced retained earnings.
Other factors decreased equity by 1,724,876,840.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩13.53 Billion	+10.43%
Dividends Paid	₩4.79 Billion	-3.7%
Other Changes	₩-1.72 Billion	-1.33%
Total Change	₩-	5.71%

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: 0.59x
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 1.05x to 0.59x 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	₩4810.00	x
2017-12-31	₩4918.23	₩4810.00	x
2018-12-31	₩4375.75	₩4810.00	x
2019-12-31	₩4474.54	₩4810.00	x
2020-12-31	₩5079.51	₩4810.00	x
2021-12-31	₩6224.07	₩4810.00	x
2022-12-31	₩6660.73	₩4810.00	x
2023-12-31	₩7164.86	₩4810.00	x
2024-12-31	₩7673.95	₩4810.00	x
2025-12-31	₩8112.33	₩4810.00	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): 10.43%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 17.14%
• Asset Turnover: 0.55x
• Equity Multiplier: 1.10x
Recent ROE (10.43%) is above the historical average (7.30%), 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
2025	10.43%	17.14%	0.55x	1.10x	₩560.68 Million

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: $70,756,986,699
Average return on equity (ROE) among peers: 3.96%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HRS Co. Ltd (036640)	₩129.65 Billion	8.53%	0.10x	$52.26 Million
CBI Co. Ltd (013720)	$19.85 Billion	-15.25%	1.23x	$2.63 Million
Ilji Technology Co. Ltd (019540)	$75.99 Billion	15.06%	1.99x	$56.66 Million
Hanil Forging Industrial Co. Ltd (024740)	$104.93 Billion	-1.06%	1.17x	$49.13 Million
Ecoplastic Corporation (038110)	$124.37 Billion	4.29%	3.18x	$41.05 Million
Saedong Co.Ltd (053060)	$23.57 Billion	6.06%	3.30x	$20.42 Million
Guyoung Technology Co. Ltd (053270)	$54.99 Billion	2.66%	2.40x	$34.35 Million
Sambo Motors Co. Ltd (053700)	$47.97 Billion	6.21%	1.68x	$48.70 Million
ESTec Corporation (069510)	$138.97 Billion	14.36%	0.40x	$69.42 Million
Sungchang Autotech Co. Ltd (080470)	$46.18 Billion	3.34%	1.44x	$15.83 Million

About HRS Co. Ltd

KQ:036640 Korea Automobiles & Auto Parts

Market Cap

$52.26 Million

₩77.12 Billion KRW

Market Cap Rank

#21801 Global

#1312 in Korea

Share Price

₩4810.00

Change (1 day)

+0.21%

52-Week Range

₩4460.00 - ₩5760.00

All Time High

₩9181.75