Haesung Optics Co. Ltd (076610) - Net Assets
Based on the latest financial reports, Haesung Optics Co. Ltd (076610) has net assets worth ₩32.55 Billion KRW (≈ $22.06 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩163.86 Billion ≈ $111.04 Million USD) and total liabilities (₩131.31 Billion ≈ $88.99 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 076610 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩32.55 Billion |
| % of Total Assets | 19.86% |
| Annual Growth Rate | -6.14% |
| 5-Year Change | -43.08% |
| 10-Year Change | -61.4% |
| Growth Volatility | 82.3 |
Haesung Optics Co. Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Haesung Optics Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Haesung Optics Co. Ltd market capitalisation.
Annual Net Assets for Haesung Optics Co. Ltd (2013–2025)
The table below shows the annual net assets of Haesung Optics Co. Ltd from 2013 to 2025. Also explore net asset growth rate of Haesung Optics Co. Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩28.25 Billion ≈ $19.15 Million |
+176.45% |
| 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 |
-- |
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 9414533718000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩112.75 Billion | 606.04% |
| Total Equity | ₩18.60 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 |
|---|---|
|
Elastron S.A. - Steel Service Centers
AT:ELSTR
|
$42.82 Million |
|
Averbuch Formica Center Ltd
TA:AVER
|
$42.83 Million |
|
Skyline Builders Group Holding Limited
NASDAQ:KAZR
|
$42.83 Million |
|
PharmGen Science Inc
KO:004720
|
$42.84 Million |
|
GenMont Biotech Inc
TW:3164
|
$42.81 Million |
|
Mccoy Global Inc
TO:MCB
|
$42.81 Million |
|
PTL LTD Ordinary Shares
NASDAQ:PTLE
|
$42.80 Million |
|
Toplus Global Co Ltd
TWO:3522
|
$42.80 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 2024 to 2025, total equity changed from 10,219,158,360 to 18,604,390,840, a change of 8,385,232,480 (82.1%).
- Net loss of 8,605,937,570 reduced equity.
- New share issuances of 10,065,969,920 increased equity.
- Other factors increased equity by 6,925,200,130.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.61 Billion | -46.26% |
| Share Issuances | ₩10.07 Billion | +54.11% |
| Other Changes | ₩6.93 Billion | +37.22% |
| Total Change | ₩- | 82.05% |
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: 3.40x
- 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 0.39x to 3.40x 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 | ₩1189.00 | x |
| 2017-12-31 | ₩2289.83 | ₩1189.00 | x |
| 2018-12-31 | ₩1949.94 | ₩1189.00 | x |
| 2019-12-31 | ₩1584.80 | ₩1189.00 | x |
| 2020-12-31 | ₩415.06 | ₩1189.00 | x |
| 2021-12-31 | ₩434.25 | ₩1189.00 | x |
| 2022-12-31 | ₩311.64 | ₩1189.00 | x |
| 2023-12-31 | ₩1571.12 | ₩1189.00 | x |
| 2024-12-31 | ₩348.33 | ₩1189.00 | x |
| 2025-12-31 | ₩350.08 | ₩1189.00 | 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): -46.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.37%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 7.84x
- Recent ROE (-46.26%) is above the historical average (-58.94%), indicating improving 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 |
| 2025 | -46.26% | -5.37% | 1.10x | 7.84x | ₩-10.47 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: $514,364,678,393
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haesung Optics Co. Ltd (076610) | ₩32.55 Billion | 23.47% | 4.03x | $42.82 Million |
| YoungPoong (000670) | $3.51 Trillion | 3.16% | 0.35x | $577.58 Million |
| Sam Hwa Capaci (001820) | $245.22 Billion | 8.49% | 0.26x | $956.83 Million |
| Samick Music I (002450) | $260.65 Billion | 5.79% | 1.00x | $57.09 Million |
| Hansol Technics (004710) | $100.42 Billion | 39.96% | 0.88x | $195.88 Million |
| Sunny Elec (004770) | $68.17 Billion | 6.61% | 0.13x | $50.29 Million |
| Samyoung Elec (005680) | $298.75 Billion | 9.78% | 0.49x | $160.72 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $45.84 Million |
| Seondo Electric Co., Ltd. (007610) | $36.58 Billion | 14.47% | 1.01x | $43.76 Million |
| Isupetasys (007660) | $125.49 Billion | -2.87% | 2.58x | $5.27 Billion |
| Korea Circuit Co. Ltd. (007810) | $396.06 Billion | 7.51% | 0.39x | $843.51 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