Haesung Optics Co. Ltd
Haesung Optics Co., Ltd. produces and sells optical lens in South Korea, Vietnam, China, and internationally. The company offers actuators, such as auto-focus, optical image stabilizer, vertical type, and hinge type; and optical devices, that includes 3D camera, golf distance measuring device, ultra-small joint endoscope, skin diagnostic camera, stereo camera for electric glasses, and high-pixel … Read more
Haesung Optics Co. Ltd (076610) - Net Assets
Latest net assets as of September 2025: ₩16.26 Billion KRW
Based on the latest financial reports, Haesung Optics Co. Ltd (076610) has net assets worth ₩16.26 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 (₩124.28 Billion) and total liabilities (₩108.03 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 | ₩16.26 Billion |
| % of Total Assets | 13.08% |
| Annual Growth Rate | -14.91% |
| 5-Year Change | -37.77% |
| 10-Year Change | -85.55% |
| Growth Volatility | 70.23 |
Haesung Optics Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Haesung Optics 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 Haesung Optics Co. Ltd (2013–2024)
The table below shows the annual net assets of Haesung Optics Co. Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩10.22 Billion | -76.46% |
| 2023-12-31 | ₩43.42 Billion | +11.36% |
| 2022-12-31 | ₩38.99 Billion | -21.44% |
| 2021-12-31 | ₩49.63 Billion | +202.26% |
| 2020-12-31 | ₩16.42 Billion | -72.92% |
| 2019-12-31 | ₩60.64 Billion | +29.24% |
| 2018-12-31 | ₩46.92 Billion | -14.84% |
| 2017-12-31 | ₩55.10 Billion | -24.71% |
| 2016-12-31 | ₩73.18 Billion | +3.48% |
| 2015-12-31 | ₩70.72 Billion | +9.87% |
| 2014-12-31 | ₩64.37 Billion | +6.58% |
| 2013-12-31 | ₩60.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Haesung Optics 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 8585101558000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩12.73 Billion | 124.54% |
| Other Components | ₩83.34 Billion | 815.56% |
| Total Equity | ₩10.22 Billion | 100.00% |
Haesung Optics Co. Ltd Competitors by Market Cap
The table below lists competitors of Haesung Optics Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRF Limited
NSE:TRF
|
$16.70 Million |
|
Impulse Fitness Solutions SA
PA:MLIFS
|
$16.71 Million |
|
Glaston Oyj Abp
HE:GLA1V
|
$16.71 Million |
|
INICS Corp.
KQ:452400
|
$16.71 Million |
|
AWC Berhad
KLSE:7579
|
$16.69 Million |
|
CABKA N.V. SHS EO-01
F:7GW
|
$16.69 Million |
|
Eutilex.Co.Ltd
KQ:263050
|
$16.69 Million |
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
$16.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haesung Optics Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,943,884,530 to 10,219,158,360, a change of -29,724,726,170 (-74.4%).
- Net loss of 27,835,466,820 reduced equity.
- Other factors decreased equity by 1,889,259,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-27.84 Billion | -272.39% |
| Other Changes | ₩-1.89 Billion | -18.49% |
| Total Change | ₩- | -74.42% |
Book Value vs Market Value Analysis
This analysis compares Haesung Optics 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: 4.01x
- 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 increased from 0.46x to 4.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3041.17 | ₩1397.00 | x |
| 2017-12-31 | ₩2289.83 | ₩1397.00 | x |
| 2018-12-31 | ₩1949.94 | ₩1397.00 | x |
| 2019-12-31 | ₩1584.80 | ₩1397.00 | x |
| 2020-12-31 | ₩415.06 | ₩1397.00 | x |
| 2021-12-31 | ₩434.25 | ₩1397.00 | x |
| 2022-12-31 | ₩311.64 | ₩1397.00 | x |
| 2023-12-31 | ₩1571.12 | ₩1397.00 | x |
| 2024-12-31 | ₩348.33 | ₩1397.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haesung Optics 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): -272.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.65%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 11.47x
- Recent ROE (-272.39%) is below the historical average (-59.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 23.47% | 8.36% | 1.28x | 2.20x | ₩8.13 Billion |
| 2014 | 4.79% | 1.69% | 1.22x | 2.32x | ₩-3.35 Billion |
| 2015 | 4.16% | 1.03% | 1.71x | 2.35x | ₩-4.13 Billion |
| 2016 | 2.66% | 0.53% | 1.65x | 3.05x | ₩-5.37 Billion |
| 2017 | -23.55% | -3.79% | 1.74x | 3.58x | ₩-18.49 Billion |
| 2018 | -19.90% | -4.58% | 1.04x | 4.18x | ₩-14.03 Billion |
| 2019 | -18.37% | -3.19% | 1.87x | 3.08x | ₩-17.20 Billion |
| 2020 | -291.27% | -22.54% | 1.80x | 7.17x | ₩-49.47 Billion |
| 2021 | -84.88% | -29.91% | 1.42x | 2.00x | ₩-47.09 Billion |
| 2022 | -41.25% | -9.82% | 2.11x | 1.99x | ₩-19.98 Billion |
| 2023 | -3.40% | -1.12% | 1.04x | 2.91x | ₩-5.35 Billion |
| 2024 | -272.39% | -25.65% | 0.93x | 11.47x | ₩-28.86 Billion |
Industry Comparison
This section compares Haesung Optics Co. Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,182,735,888,965
- Average return on equity (ROE) among peers: 13.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haesung Optics Co. Ltd (076610) | ₩16.26 Billion | 23.47% | 6.64x | $16.70 Million |
| YoungPoong (000670) | $1.92 Trillion | 12.09% | 0.37x | $141.87 Million |
| Sam Hwa Capaci (001820) | $32.31 Billion | 5.37% | 1.45x | $256.49 Million |
| Samick Music I (002450) | $129.03 Billion | 85.85% | 1.36x | $30.81 Million |
| Hansol Technics (004710) | $279.10 Billion | 9.39% | 1.12x | $84.94 Million |
| Sunny Elec (004770) | $14.69 Billion | -26.30% | 0.94x | $33.79 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $20.94 Million |
| Isupetasys (007660) | $163.27 Billion | 14.70% | 0.84x | $4.21 Billion |
| Korea Circuit Co. Ltd. (007810) | $99.55 Billion | 14.09% | 1.24x | $425.68 Million |
| Kyung In Elect (009140) | $70.58 Billion | 8.20% | 0.06x | $7.73 Million |
| Samsung Electro-Mechanics (009150) | $9.02 Trillion | 7.53% | 0.42x | $17.64 Billion |