Hannet Co. Ltd
Hannet Co., Ltd. provides value-added communication services in South Korea. The company engages in the out-of-store cash dispenser business; sales of unmanned payment machines and kiosks related products and services; and business related to settlement of cash and securities. It is also involved in the building rental business. Hannet Co., Ltd. was founded in 1990 and is based in Seoul, South Ko… Read more
Hannet Co. Ltd (052600) - Net Assets
Latest net assets as of September 2025: ₩38.64 Billion KRW
Based on the latest financial reports, Hannet Co. Ltd (052600) has net assets worth ₩38.64 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩62.23 Billion) and total liabilities (₩23.59 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 | ₩38.64 Billion |
| % of Total Assets | 62.09% |
| Annual Growth Rate | 6.86% |
| 5-Year Change | 6.75% |
| 10-Year Change | 4.43% |
| Growth Volatility | 24.1 |
Hannet Co. Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Hannet 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 Hannet Co. Ltd (2000–2024)
The table below shows the annual net assets of Hannet Co. Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩37.56 Billion | +2.57% |
| 2023-12-31 | ₩36.62 Billion | +2.31% |
| 2022-12-31 | ₩35.80 Billion | +2.21% |
| 2021-12-31 | ₩35.02 Billion | -0.47% |
| 2020-12-31 | ₩35.19 Billion | +0.32% |
| 2019-12-31 | ₩35.08 Billion | -2.07% |
| 2018-12-31 | ₩35.82 Billion | -3.26% |
| 2017-12-31 | ₩37.02 Billion | -0.01% |
| 2016-12-31 | ₩37.03 Billion | +2.94% |
| 2015-12-31 | ₩35.97 Billion | +1.63% |
| 2014-12-31 | ₩35.40 Billion | +2.40% |
| 2013-12-31 | ₩34.57 Billion | +7.01% |
| 2012-12-31 | ₩32.30 Billion | -3.50% |
| 2011-12-31 | ₩33.47 Billion | -5.66% |
| 2010-12-31 | ₩35.48 Billion | +14.27% |
| 2009-12-31 | ₩31.05 Billion | +17.15% |
| 2008-12-31 | ₩26.50 Billion | -1.62% |
| 2007-12-31 | ₩26.94 Billion | +3.61% |
| 2006-12-31 | ₩26.00 Billion | +7.83% |
| 2005-12-31 | ₩24.11 Billion | +9.83% |
| 2004-12-31 | ₩21.96 Billion | +11.24% |
| 2003-12-31 | ₩19.74 Billion | +6.94% |
| 2002-12-31 | ₩18.46 Billion | +9.39% |
| 2001-12-31 | ₩16.87 Billion | +120.94% |
| 2000-12-31 | ₩7.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hannet 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 1083.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩31.45 Billion | 83.73% |
| Common Stock | ₩5.78 Billion | 15.39% |
| Other Components | ₩330.00 Million | 0.88% |
| Total Equity | ₩37.56 Billion | 100.00% |
Hannet Co. Ltd Competitors by Market Cap
The table below lists competitors of Hannet Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bookook Steel
KO:026940
|
$14.79 Million |
|
ICTS International N.V
OTCQB:ICTSF
|
$14.79 Million |
|
Atende S.A.
WAR:ATD
|
$14.79 Million |
|
Netgem S.A.
LSE:0N9W
|
$14.79 Million |
|
Ewein Bhd
KLSE:7249
|
$14.79 Million |
|
Greenidge Generation Holdings Inc
NASDAQ:GREE
|
$14.79 Million |
|
Rubicon Organics Inc
OTCQX:ROMJF
|
$14.78 Million |
|
Rana Sugars Limited
NSE:RANASUG
|
$14.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hannet Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,621,921,270 to 37,564,318,670, a change of 942,397,400 (2.6%).
- Net income of 3,427,670,220 contributed positively to equity growth.
- Dividend payments of 1,734,555,000 reduced retained earnings.
- Other factors decreased equity by 750,717,820.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.43 Billion | +9.12% |
| Dividends Paid | ₩1.73 Billion | -4.62% |
| Other Changes | ₩-750.72 Million | -2.0% |
| Total Change | ₩- | 2.57% |
Book Value vs Market Value Analysis
This analysis compares Hannet 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: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3202.21 | ₩3385.00 | x |
| 2017-12-31 | ₩3201.79 | ₩3385.00 | x |
| 2018-12-31 | ₩3097.53 | ₩3385.00 | x |
| 2019-12-31 | ₩3033.35 | ₩3385.00 | x |
| 2020-12-31 | ₩3043.14 | ₩3385.00 | x |
| 2021-12-31 | ₩3028.82 | ₩3385.00 | x |
| 2022-12-31 | ₩3095.62 | ₩3385.00 | x |
| 2023-12-31 | ₩3166.97 | ₩3385.00 | x |
| 2024-12-31 | ₩3248.47 | ₩3385.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hannet 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): 9.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.24%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.44x
- Recent ROE (9.12%) is below the historical average (9.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 31.40% | 23.85% | 1.04x | 1.27x | ₩1.63 Billion |
| 2001 | 19.23% | 21.85% | 0.73x | 1.20x | ₩1.56 Billion |
| 2002 | 10.97% | 12.11% | 0.75x | 1.21x | ₩178.11 Million |
| 2003 | 5.64% | 6.63% | 0.72x | 1.17x | ₩-861.35 Million |
| 2004 | 12.55% | 14.73% | 0.73x | 1.18x | ₩560.64 Million |
| 2005 | 15.84% | 13.78% | 0.85x | 1.35x | ₩1.41 Billion |
| 2006 | 15.21% | 11.32% | 1.01x | 1.33x | ₩1.35 Billion |
| 2007 | 11.83% | 8.38% | 1.06x | 1.33x | ₩492.47 Million |
| 2008 | 7.08% | 4.67% | 1.11x | 1.37x | ₩-773.47 Million |
| 2009 | 17.25% | 19.09% | 0.72x | 1.26x | ₩2.25 Billion |
| 2010 | 19.64% | 22.08% | 0.72x | 1.23x | ₩3.42 Billion |
| 2011 | 6.07% | 6.56% | 0.62x | 1.49x | ₩-1.32 Billion |
| 2012 | 1.61% | 1.91% | 0.59x | 1.43x | ₩-2.71 Billion |
| 2013 | 4.63% | 5.65% | 0.50x | 1.63x | ₩-1.86 Billion |
| 2014 | 6.29% | 8.04% | 0.44x | 1.76x | ₩-1.31 Billion |
| 2015 | 5.67% | 7.22% | 0.40x | 1.98x | ₩-1.56 Billion |
| 2016 | 6.44% | 8.27% | 0.41x | 1.88x | ₩-1.32 Billion |
| 2017 | 3.77% | 5.05% | 0.36x | 2.09x | ₩-2.31 Billion |
| 2018 | 3.07% | 4.05% | 0.40x | 1.88x | ₩-2.48 Billion |
| 2019 | 3.23% | 4.36% | 0.41x | 1.82x | ₩-2.38 Billion |
| 2020 | 3.54% | 5.09% | 0.45x | 1.55x | ₩-2.27 Billion |
| 2021 | 4.07% | 6.18% | 0.47x | 1.39x | ₩-2.08 Billion |
| 2022 | 5.48% | 8.93% | 0.46x | 1.35x | ₩-1.62 Billion |
| 2023 | 6.73% | 9.90% | 0.50x | 1.37x | ₩-1.20 Billion |
| 2024 | 9.12% | 13.24% | 0.48x | 1.44x | ₩-328.76 Million |
Industry Comparison
This section compares Hannet Co. Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $112,896,081,124
- Average return on equity (ROE) among peers: -5.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hannet Co. Ltd (052600) | ₩38.64 Billion | 31.40% | 0.61x | $14.79 Million |
| Cubic Korea Inc (021650) | $94.77 Billion | 10.24% | 0.81x | $9.73 Million |
| Koryo Credit Information Co. Ltd (049720) | $12.24 Billion | 2.90% | 0.68x | $55.05 Million |
| Logisys Inc (067730) | $17.02 Billion | 3.03% | 0.45x | $7.15 Million |
| K Auction Inc. (102370) | $71.03 Billion | 14.77% | 0.34x | $22.22 Million |
| StarFlex Co. Ltd (115570) | $54.45 Billion | -3.90% | 1.42x | $7.69 Million |
| Imarketkorea (122900) | $441.53 Billion | 2.79% | 1.44x | $73.97 Million |
| Global Tax Free Co. Ltd (204620) | $128.37 Billion | 4.34% | 0.36x | $149.87 Million |
| CTK Co. Ltd (260930) | $157.79 Billion | -2.07% | 0.21x | $25.01 Million |
| Knowmerce (473980) | $38.85 Billion | -79.77% | 0.19x | $86.52 Million |