HLB Power Co. Ltd
TS Nexgen Co., Ltd. manufactures and sells power plant dampers and busways in South Korea. It offers dampers for thermal power generation, petrochemical plants, steel mills, and cement plants; diverters, steel structures, exhaust gas bypass systems, hydraulic power units, expansion joints, stack dampers, and blanking plates; electric steam humidifiers, silencers, fire dampers, pneumatic control a… Read more
HLB Power Co. Ltd (043220) - Net Assets
Latest net assets as of December 2024: ₩66.06 Billion KRW
Based on the latest financial reports, HLB Power Co. Ltd (043220) has net assets worth ₩66.06 Billion KRW as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩128.32 Billion) and total liabilities (₩62.25 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 | ₩66.06 Billion |
| % of Total Assets | 51.49% |
| Annual Growth Rate | 17.04% |
| 5-Year Change | 61.79% |
| 10-Year Change | 781.33% |
| Growth Volatility | 64.13 |
HLB Power Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how HLB Power 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 HLB Power Co. Ltd (2014–2024)
The table below shows the annual net assets of HLB Power Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩66.06 Billion | +35.85% |
| 2023-12-31 | ₩48.63 Billion | +1.79% |
| 2022-12-31 | ₩47.77 Billion | +5.43% |
| 2021-12-31 | ₩45.31 Billion | +10.97% |
| 2020-12-31 | ₩40.83 Billion | +17.82% |
| 2019-12-31 | ₩34.66 Billion | +101.34% |
| 2018-12-31 | ₩17.21 Billion | -37.72% |
| 2017-12-31 | ₩27.64 Billion | +29.66% |
| 2016-12-31 | ₩21.32 Billion | +184.40% |
| 2015-12-31 | ₩7.50 Billion | -45.28% |
| 2014-12-31 | ₩13.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HLB Power 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 decreased by 7199493637000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩144.69 Billion | 219.00% |
| Total Equity | ₩66.07 Billion | 100.00% |
HLB Power Co. Ltd Competitors by Market Cap
The table below lists competitors of HLB Power Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S P V I Public Company Limited
BK:SPVI
|
$10.93 Million |
|
Highlight Event Entertainment
SW:HLEE
|
$10.94 Million |
|
Workhorse Group Inc
NASDAQ:WKHS
|
$10.94 Million |
|
RAREX Ltd
AU:REE
|
$10.94 Million |
|
HYTC Co. Ltd.
KQ:148930
|
$10.93 Million |
|
Boa Concept SA
PA:ALBOA
|
$10.92 Million |
|
The Investment Trust Of India Limited
NSE:THEINVEST
|
$10.92 Million |
|
Avoca LLC
PINK:AVOA
|
$10.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HLB Power Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,628,710,710 to 66,069,440,600, a change of 17,440,729,890 (35.9%).
- Net loss of 19,098,415,290 reduced equity.
- New share issuances of 7,529,998,490 increased equity.
- Other factors increased equity by 29,009,146,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-19.10 Billion | -28.91% |
| Share Issuances | ₩7.53 Billion | +11.4% |
| Other Changes | ₩29.01 Billion | +43.91% |
| Total Change | ₩- | 35.87% |
Book Value vs Market Value Analysis
This analysis compares HLB Power 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: 0.37x
- 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 |
|---|---|---|---|
| 2016-12-31 | ₩564.29 | ₩171.00 | x |
| 2017-12-31 | ₩530.63 | ₩171.00 | x |
| 2018-12-31 | ₩288.24 | ₩171.00 | x |
| 2019-12-31 | ₩424.79 | ₩171.00 | x |
| 2020-12-31 | ₩448.15 | ₩171.00 | x |
| 2021-12-31 | ₩497.31 | ₩171.00 | x |
| 2022-12-31 | ₩442.74 | ₩171.00 | x |
| 2023-12-31 | ₩446.96 | ₩171.00 | x |
| 2024-12-31 | ₩464.44 | ₩171.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HLB Power 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): -28.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -88.87%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.94x
- Recent ROE (-28.91%) is above the historical average (-58.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -43.45% | -33.09% | 0.58x | 2.27x | ₩-7.21 Billion |
| 2015 | -322.09% | -130.65% | 0.80x | 3.09x | ₩-24.89 Billion |
| 2016 | -47.29% | -30.69% | 0.39x | 3.92x | ₩-12.21 Billion |
| 2017 | -47.50% | -35.07% | 0.56x | 2.43x | ₩-15.89 Billion |
| 2018 | -125.18% | -54.51% | 0.71x | 3.24x | ₩-23.27 Billion |
| 2019 | 2.67% | 2.17% | 0.67x | 1.83x | ₩-2.54 Billion |
| 2020 | 1.66% | 2.05% | 0.53x | 1.53x | ₩-3.40 Billion |
| 2021 | -14.42% | -35.24% | 0.19x | 2.19x | ₩-11.06 Billion |
| 2022 | -20.26% | -37.96% | 0.34x | 1.56x | ₩-14.46 Billion |
| 2023 | 0.08% | 0.15% | 0.36x | 1.52x | ₩-4.82 Billion |
| 2024 | -28.91% | -88.87% | 0.17x | 1.94x | ₩-25.71 Billion |
Industry Comparison
This section compares HLB Power Co. Ltd's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $125,533,553,088
- Average return on equity (ROE) among peers: -1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HLB Power Co. Ltd (043220) | ₩66.06 Billion | -43.45% | 0.94x | $10.93 Million |
| Bosung Power Technology Co. Ltd (006910) | $34.47 Billion | -13.92% | 1.45x | $270.01 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $41.93 Billion | 13.77% | 2.17x | $22.94 Million |
| SMCore.Inc (007820) | $48.67 Billion | -38.33% | 0.68x | $55.82 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $42.57 Billion | 8.28% | 1.10x | $18.89 Million |
| Nuintek Co.Ltd (012340) | $17.85 Billion | 0.00% | 2.29x | $5.61 Million |
| CAS Corporation (016920) | $37.84 Billion | -15.22% | 2.46x | $10.39 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $78.58 Billion | 5.96% | 0.13x | $61.65 Million |
| Enertork Ltd (019990) | $41.59 Billion | 1.28% | 0.07x | $36.12 Million |
| Tae Kwang Corporation (023160) | $575.39 Billion | 9.57% | 0.09x | $274.01 Million |
| Young Poong Precision Corporation (036560) | $336.45 Billion | 8.68% | 0.18x | $64.42 Million |