Haisung TPC Co. Ltd.
Haisung Aero-Robotics Co., Ltd. designs and manufactures reducers and gears in South Korea and internationally. It offers traction machines for elevators; high-precision cycloid reducers for manufacturing robots; industrial cycloid reducers; industrial reducers; geared motors; cycloid type yaw and pitch drives for wind power generators; wind power generation equipment parts; industrial geared box… Read more
Haisung TPC Co. Ltd. (059270) - Net Assets
Latest net assets as of September 2025: ₩39.89 Billion KRW
Based on the latest financial reports, Haisung TPC Co. Ltd. (059270) has net assets worth ₩39.89 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 (₩43.07 Billion) and total liabilities (₩3.18 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 | ₩39.89 Billion |
| % of Total Assets | 92.62% |
| Annual Growth Rate | 10.09% |
| 5-Year Change | 108.61% |
| 10-Year Change | N/A |
| Growth Volatility | 41.38 |
Haisung TPC Co. Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how Haisung TPC 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 Haisung TPC Co. Ltd. (2017–2024)
The table below shows the annual net assets of Haisung TPC Co. Ltd. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩39.47 Billion | -1.06% |
| 2023-12-31 | ₩39.89 Billion | -1.92% |
| 2022-12-31 | ₩40.67 Billion | -0.62% |
| 2021-12-31 | ₩40.92 Billion | +116.30% |
| 2020-12-31 | ₩18.92 Billion | -3.36% |
| 2019-12-31 | ₩19.58 Billion | -7.34% |
| 2018-12-31 | ₩21.13 Billion | +4.90% |
| 2017-12-31 | ₩20.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Haisung TPC 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 3673292594000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩5.57 Billion | 14.11% |
| Other Components | ₩37.62 Billion | 95.31% |
| Total Equity | ₩39.47 Billion | 100.00% |
Haisung TPC Co. Ltd. Competitors by Market Cap
The table below lists competitors of Haisung TPC Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
AT:MOTO
|
$56.98 Million |
|
CuongThuan Idico Development Investment Corp
VN:CTI
|
$56.99 Million |
|
Frasers Property (Thailand) Public Company Limited
BK:FPT
|
$57.04 Million |
|
Edda Wind ASA
OL:EWIND
|
$57.04 Million |
|
Premium Nickel Resources Ltd.
PINK:PNRLF
|
$56.95 Million |
|
Oeneo SA
PA:SBT
|
$56.93 Million |
|
Great Boulder Resources Ltd
AU:GBR
|
$56.92 Million |
|
Lix Solution Co.Ltd
KQ:029480
|
$56.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haisung TPC Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,890,236,380 to 39,468,301,620, a change of -421,934,760 (-1.1%).
- Net loss of 527,898,150 reduced equity.
- Share repurchases of 99,000,000 reduced equity.
- New share issuances of 99,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-527.90 Million | -1.34% |
| Share Repurchases | ₩99.00 Million | -0.25% |
| Share Issuances | ₩99.00 Million | +0.25% |
| Other Changes | ₩105.96 Million | +0.27% |
| Total Change | ₩- | -1.06% |
Book Value vs Market Value Analysis
This analysis compares Haisung TPC 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: 3.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.16x to 3.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩2174.97 | ₩11220.00 | x |
| 2018-12-31 | ₩2281.65 | ₩11220.00 | x |
| 2019-12-31 | ₩2114.22 | ₩11220.00 | x |
| 2020-12-31 | ₩2043.18 | ₩11220.00 | x |
| 2021-12-31 | ₩4326.01 | ₩11220.00 | x |
| 2022-12-31 | ₩4229.62 | ₩11220.00 | x |
| 2023-12-31 | ₩3980.72 | ₩11220.00 | x |
| 2024-12-31 | ₩3542.68 | ₩11220.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haisung TPC 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): -1.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.53%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.07x
- Recent ROE (-1.34%) is above the historical average (-11.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -67.51% | -78.90% | 0.27x | 3.19x | ₩-15.61 Billion |
| 2018 | -4.50% | -6.14% | 0.41x | 1.77x | ₩-3.06 Billion |
| 2019 | -7.75% | -9.90% | 0.44x | 1.79x | ₩-3.48 Billion |
| 2020 | -4.55% | -5.15% | 0.49x | 1.80x | ₩-2.75 Billion |
| 2021 | -2.80% | -7.52% | 0.30x | 1.22x | ₩-5.24 Billion |
| 2022 | -2.53% | -7.38% | 0.31x | 1.09x | ₩-5.09 Billion |
| 2023 | -1.95% | -5.69% | 0.31x | 1.09x | ₩-4.77 Billion |
| 2024 | -1.34% | -3.53% | 0.35x | 1.07x | ₩-4.47 Billion |
Industry Comparison
This section compares Haisung TPC Co. Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $182,970,338,652
- Average return on equity (ROE) among peers: 8.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haisung TPC Co. Ltd. (059270) | ₩39.89 Billion | -67.51% | 0.08x | $56.97 Million |
| Namsun Alumini (008350) | $74.23 Billion | 33.34% | 2.50x | $103.30 Million |
| Namsun Aluminium Co Ltd (008355) | $147.81 Billion | 14.71% | 0.93x | $866.35 Million |
| Dae Chang (012800) | $215.09 Billion | 2.35% | 1.68x | $42.19 Million |
| Sung Kwang Bend Co.Ltd (014620) | $469.07 Billion | 0.97% | 0.13x | $363.40 Million |
| Seowon (021050) | $124.00 Billion | -8.19% | 0.99x | $25.62 Million |
| Lee Ku Ind (025820) | $108.92 Billion | 1.97% | 1.52x | $57.19 Million |
| Nara Mold & Die Co. Ltd (051490) | $73.83 Billion | 5.99% | 1.13x | $23.31 Million |
| Posco C&C Stl (058430) | $204.96 Billion | 15.18% | 0.98x | $79.60 Million |
| Kishin Corporation (092440) | $228.83 Billion | 8.10% | 0.07x | $13.16 Million |