Haesung Optics Co. Ltd (076610) - Net Assets
Based on the latest financial reports, Haesung Optics Co. Ltd (076610) has net assets worth ₩16.26 Billion KRW (≈ $11.02 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 (₩124.28 Billion ≈ $84.22 Million USD) and total liabilities (₩108.03 Billion ≈ $73.21 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 financial resilience of Haesung Optics Co. Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Haesung Optics Co. Ltd (076610) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Haesung Optics Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩10.22 Billion ≈ $6.93 Million |
-76.46% |
| 2023-12-31 | ₩43.42 Billion ≈ $29.43 Million |
+11.36% |
| 2022-12-31 | ₩38.99 Billion ≈ $26.42 Million |
-21.44% |
| 2021-12-31 | ₩49.63 Billion ≈ $33.64 Million |
+202.26% |
| 2020-12-31 | ₩16.42 Billion ≈ $11.13 Million |
-72.92% |
| 2019-12-31 | ₩60.64 Billion ≈ $41.10 Million |
+29.24% |
| 2018-12-31 | ₩46.92 Billion ≈ $31.80 Million |
-14.84% |
| 2017-12-31 | ₩55.10 Billion ≈ $37.34 Million |
-24.71% |
| 2016-12-31 | ₩73.18 Billion ≈ $49.59 Million |
+3.48% |
| 2015-12-31 | ₩70.72 Billion ≈ $47.93 Million |
+9.87% |
| 2014-12-31 | ₩64.37 Billion ≈ $43.62 Million |
+6.58% |
| 2013-12-31 | ₩60.39 Billion ≈ $40.93 Million |
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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 |
|---|---|
|
Bragg Gaming Group Inc
TO:BRAG
|
$51.18 Million |
|
Microfriend Inc
KQ:147760
|
$51.18 Million |
|
Sequans Communications SA
NYSE:SQNS
|
$51.19 Million |
|
Mediaco Holding Inc
NASDAQ:MDIA
|
$51.19 Million |
|
Orbis AG
XETRA:OBS
|
$51.15 Million |
|
Xander International
TWO:6118
|
$51.11 Million |
|
CHUNGDAHM Learning Inc
KQ:096240
|
$51.09 Million |
|
Vietnam National Seed Group JSC
VN:NSC
|
$51.08 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: 4.99x
- 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 0.57x to 4.99x 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 | ₩1739.00 | x |
| 2017-12-31 | ₩2289.83 | ₩1739.00 | x |
| 2018-12-31 | ₩1949.94 | ₩1739.00 | x |
| 2019-12-31 | ₩1584.80 | ₩1739.00 | x |
| 2020-12-31 | ₩415.06 | ₩1739.00 | x |
| 2021-12-31 | ₩434.25 | ₩1739.00 | x |
| 2022-12-31 | ₩311.64 | ₩1739.00 | x |
| 2023-12-31 | ₩1571.12 | ₩1739.00 | x |
| 2024-12-31 | ₩348.33 | ₩1739.00 | 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: $218,334,830,115
- Average return on equity (ROE) among peers: 5.32%
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 | $51.17 Million |
| YoungPoong (000670) | $471.92 Billion | 0.00% | 1.01x | $822.21 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $467.29 Million |
| Samick Music I (002450) | $144.58 Billion | 1.50% | 1.43x | $64.41 Million |
| Hansol Technics (004710) | $34.25 Billion | 0.00% | 5.26x | $173.10 Million |
| Sunny Elec (004770) | $30.06 Billion | 0.40% | 0.10x | $43.99 Million |
| Samyoung Elec (005680) | $363.17 Billion | 5.47% | 0.12x | $197.81 Million |
| PJ Electronics Co. Ltd (006140) | $109.57 Billion | 4.53% | 0.33x | $71.73 Million |
| Isupetasys (007660) | $168.70 Billion | 12.06% | 1.02x | $7.48 Billion |
| Korea Circuit Co. Ltd. (007810) | $128.70 Billion | 2.46% | 0.61x | $1.51 Billion |
| Korea Circuit Co Ltd (007815) | $709.89 Billion | -5.16% | 0.74x | $43.40 Million |
About 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