HK Co. Ltd (044780) - Net Assets
Based on the latest financial reports, HK Co. Ltd (044780) has net assets worth ₩58.08 Billion KRW (≈ $39.36 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 (₩81.16 Billion ≈ $55.00 Million USD) and total liabilities (₩23.08 Billion ≈ $15.64 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 044780 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩58.08 Billion |
| % of Total Assets | 71.56% |
| Annual Growth Rate | 5.1% |
| 5-Year Change | 17.39% |
| 10-Year Change | 32.63% |
| Growth Volatility | 5.99 |
HK Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how HK Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 044780 total assets for the complete picture of this company's asset base.
Annual Net Assets for HK Co. Ltd (2011–2024)
The table below shows the annual net assets of HK Co. Ltd from 2011 to 2024. For live valuation and market cap data, see 044780 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩58.56 Billion ≈ $39.69 Million |
-3.25% |
| 2023-12-31 | ₩60.53 Billion ≈ $41.02 Million |
+2.39% |
| 2022-12-31 | ₩59.12 Billion ≈ $40.06 Million |
+6.63% |
| 2021-12-31 | ₩55.44 Billion ≈ $37.57 Million |
+11.13% |
| 2020-12-31 | ₩49.89 Billion ≈ $33.81 Million |
+2.04% |
| 2019-12-31 | ₩48.89 Billion ≈ $33.13 Million |
+2.17% |
| 2018-12-31 | ₩47.85 Billion ≈ $32.43 Million |
+3.37% |
| 2017-12-31 | ₩46.30 Billion ≈ $31.37 Million |
+1.54% |
| 2016-12-31 | ₩45.59 Billion ≈ $30.90 Million |
+3.26% |
| 2015-12-31 | ₩44.16 Billion ≈ $29.92 Million |
-0.03% |
| 2014-12-31 | ₩44.17 Billion ≈ $29.93 Million |
+7.60% |
| 2013-12-31 | ₩41.05 Billion ≈ $27.82 Million |
+10.65% |
| 2012-12-31 | ₩37.10 Billion ≈ $25.14 Million |
+20.93% |
| 2011-12-31 | ₩30.68 Billion ≈ $20.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HK 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 3953152836000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩39.53 Billion | 67.50% |
| Common Stock | ₩9.25 Billion | 15.80% |
| Other Components | ₩9.78 Billion | 16.69% |
| Total Equity | ₩58.56 Billion | 100.00% |
HK Co. Ltd Competitors by Market Cap
The table below lists competitors of HK Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ever Shine Textile Industry
JK:ESTI
|
$19.84 Million |
|
Clean Seas Seafood Ltd.
OL:CSS
|
$19.84 Million |
|
Pantheon International PLC
LSE:PIN
|
$19.85 Million |
|
Foremost Lithium Resource & Technology Ltd. Common stock
NASDAQ:FMST
|
$19.86 Million |
|
Tate & Lyle PLC
LSE:TATE
|
$19.82 Million |
|
U10 SA
PA:ALU10
|
$19.80 Million |
|
Caldwell Partners International Inc
TO:CWL
|
$19.80 Million |
|
Ultimate Games SA
WAR:ULG
|
$19.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HK Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 60,528,746,500 to 58,560,909,990, a change of -1,967,836,510 (-3.3%).
- Net loss of 2,248,927,840 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.25 Billion | -3.84% |
| Other Changes | ₩281.09 Million | +0.48% |
| Total Change | ₩- | -3.25% |
Book Value vs Market Value Analysis
This analysis compares HK 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: 0.50x
- 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 0.64x to 0.50x 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 | ₩2477.10 | ₩1594.00 | x |
| 2017-12-31 | ₩2512.52 | ₩1594.00 | x |
| 2018-12-31 | ₩2592.95 | ₩1594.00 | x |
| 2019-12-31 | ₩2641.96 | ₩1594.00 | x |
| 2020-12-31 | ₩2695.74 | ₩1594.00 | x |
| 2021-12-31 | ₩3022.30 | ₩1594.00 | x |
| 2022-12-31 | ₩3220.17 | ₩1594.00 | x |
| 2023-12-31 | ₩3297.06 | ₩1594.00 | x |
| 2024-12-31 | ₩3189.87 | ₩1594.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HK 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): -3.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.16%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.35x
- Recent ROE (-3.84%) is below the historical average (5.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 15.36% | 7.76% | 1.11x | 1.79x | ₩1.65 Billion |
| 2012 | 17.55% | 10.34% | 1.05x | 1.61x | ₩2.80 Billion |
| 2013 | 10.25% | 8.08% | 0.79x | 1.60x | ₩104.35 Million |
| 2014 | 6.51% | 5.23% | 0.70x | 1.79x | ₩-1.54 Billion |
| 2015 | 0.27% | 0.21% | 0.69x | 1.90x | ₩-4.29 Billion |
| 2016 | 3.40% | 2.51% | 0.76x | 1.77x | ₩-3.01 Billion |
| 2017 | 0.72% | 0.58% | 0.70x | 1.75x | ₩-4.30 Billion |
| 2018 | 2.98% | 2.57% | 0.66x | 1.77x | ₩-3.36 Billion |
| 2019 | 1.69% | 1.51% | 0.67x | 1.67x | ₩-4.06 Billion |
| 2020 | 2.46% | 2.22% | 0.67x | 1.66x | ₩-3.76 Billion |
| 2021 | 9.86% | 7.62% | 0.82x | 1.58x | ₩-76.25 Million |
| 2022 | 7.23% | 5.25% | 0.94x | 1.46x | ₩-1.64 Billion |
| 2023 | 3.14% | 2.85% | 0.79x | 1.39x | ₩-4.15 Billion |
| 2024 | -3.84% | -4.16% | 0.68x | 1.35x | ₩-8.11 Billion |
Industry Comparison
This section compares HK Co. Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $161,130,705,092
- Average return on equity (ROE) among peers: 82.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HK Co. Ltd (044780) | ₩58.08 Billion | 15.36% | 0.40x | $19.83 Million |
| Hwacheon Mac (000850) | $131.77 Billion | 7.91% | 0.65x | $57.77 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $71.25 Million |
| Booster Co. Ltd (008470) | $65.94 Billion | 9.50% | 0.26x | $21.20 Million |
| Simpac (009160) | $240.83 Billion | 5.35% | 0.58x | $101.09 Million |
| Kyung Dong Navien Co Ltd (009450) | $695.42 Billion | 17.88% | 0.95x | $761.04 Million |
| Korea Refract (010040) | $25.31 Billion | -5.89% | 3.13x | $48.01 Million |
| Woojin I&S Co Ltd (010400) | $106.95 Billion | 1.99% | 0.25x | $18.75 Million |
| Hwacheon Machi (010660) | $124.32 Billion | -0.54% | 0.30x | $75.74 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $101.16 Million |
| STX Corporation (011810) | $42.56 Billion | 785.68% | 13.74x | $74.11 Million |
About HK Co. Ltd
HK Co., Ltd. manufactures and sells laser cutting machines in South Korea and internationally. It offers fiber, CO2, tube, and hybrid laser cutting machines; laser welding machines; deburring machines; and press brakes, as well as automation products. The company was formerly known as Hankwang Co., Ltd. and changed its name to HK Co., Ltd. in March 2015. HK Co., Ltd. was incorporated in 1990 and … Read more