Hanchang Ind.Co.Ltd
Hanchang Ind.Co.,Ltd operates as a functional material company in South Korea. The company produces HCX13Li, a lithium molecular sieve for oxygen generation; and lithium bromide, which is used as a water absorbent for absorption chillers/heater systems. It also offers energy materials, including electrolyte for Zn-Br flow battery. In addition, the company provides anti-corrosion pigments comprisi… Read more
Hanchang Ind.Co.Ltd (079170) - Net Assets
Latest net assets as of September 2025: ₩72.18 Billion KRW
Based on the latest financial reports, Hanchang Ind.Co.Ltd (079170) has net assets worth ₩72.18 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 (₩83.05 Billion) and total liabilities (₩10.88 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 | ₩72.18 Billion |
| % of Total Assets | 86.91% |
| Annual Growth Rate | 2.58% |
| 5-Year Change | 27.59% |
| 10-Year Change | 35.21% |
| Growth Volatility | 4.29 |
Hanchang Ind.Co.Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Hanchang Ind.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 Hanchang Ind.Co.Ltd (2014–2024)
The table below shows the annual net assets of Hanchang Ind.Co.Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩67.36 Billion | +9.01% |
| 2023-12-31 | ₩61.79 Billion | -0.02% |
| 2022-12-31 | ₩61.81 Billion | +9.77% |
| 2021-12-31 | ₩56.30 Billion | +6.65% |
| 2020-12-31 | ₩52.79 Billion | +0.65% |
| 2019-12-31 | ₩52.46 Billion | -0.20% |
| 2018-12-31 | ₩52.56 Billion | +1.43% |
| 2017-12-31 | ₩51.82 Billion | +0.91% |
| 2016-12-31 | ₩51.35 Billion | +3.07% |
| 2015-12-31 | ₩49.82 Billion | -4.61% |
| 2014-12-31 | ₩52.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanchang Ind.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 32.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩62.15 Billion | 92.26% |
| Common Stock | ₩2.60 Billion | 3.86% |
| Other Components | ₩2.61 Billion | 3.88% |
| Total Equity | ₩67.36 Billion | 100.00% |
Hanchang Ind.Co.Ltd Competitors by Market Cap
The table below lists competitors of Hanchang Ind.Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wall to Wall Group A
ST:WTW-A
|
$10.70 Million |
|
Appasia Bhd
KLSE:0119
|
$10.71 Million |
|
CRYO-CELL INTL DL-01
F:ZCY
|
$10.71 Million |
|
FarGlory Hotel Co Ltd
TW:2712
|
$10.71 Million |
|
Cybeats Technologies Corp.
PINK:CYBCF
|
$10.70 Million |
|
Zim Laboratories Limited
NSE:ZIMLAB
|
$10.70 Million |
|
SPINNOVA OYJ EO 1
F:9HP
|
$10.69 Million |
|
Systech Bhd
KLSE:0050
|
$10.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanchang Ind.Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,794,496,160 to 67,363,376,620, a change of 5,568,880,460 (9.0%).
- Net income of 6,816,956,650 contributed positively to equity growth.
- Dividend payments of 827,175,520 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.82 Billion | +10.12% |
| Dividends Paid | ₩827.18 Million | -1.23% |
| Other Changes | ₩-420.90 Million | -0.62% |
| Total Change | ₩- | 9.01% |
Book Value vs Market Value Analysis
This analysis compares Hanchang Ind.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: 0.50x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.65x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩9933.19 | ₩6460.00 | x |
| 2017-12-31 | ₩10023.11 | ₩6460.00 | x |
| 2018-12-31 | ₩10166.70 | ₩6460.00 | x |
| 2019-12-31 | ₩10146.37 | ₩6460.00 | x |
| 2020-12-31 | ₩10212.08 | ₩6460.00 | x |
| 2021-12-31 | ₩10890.88 | ₩6460.00 | x |
| 2022-12-31 | ₩11955.01 | ₩6460.00 | x |
| 2023-12-31 | ₩11952.87 | ₩6460.00 | x |
| 2024-12-31 | ₩13030.04 | ₩6460.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanchang Ind.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): 10.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.20%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.29x
- Recent ROE (10.12%) is above the historical average (3.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.88% | 2.08% | 0.81x | 1.12x | ₩-4.24 Billion |
| 2015 | -3.33% | -3.47% | 0.89x | 1.08x | ₩-6.64 Billion |
| 2016 | 3.95% | 4.27% | 0.85x | 1.08x | ₩-3.11 Billion |
| 2017 | 2.32% | 2.23% | 0.93x | 1.12x | ₩-3.98 Billion |
| 2018 | 2.70% | 2.28% | 1.06x | 1.12x | ₩-3.84 Billion |
| 2019 | 2.24% | 1.80% | 1.08x | 1.16x | ₩-4.07 Billion |
| 2020 | 2.23% | 2.09% | 0.93x | 1.14x | ₩-4.10 Billion |
| 2021 | 7.06% | 5.39% | 1.09x | 1.20x | ₩-1.66 Billion |
| 2022 | 9.90% | 6.16% | 1.32x | 1.21x | ₩-60.20 Million |
| 2023 | 2.52% | 2.32% | 0.78x | 1.38x | ₩-4.63 Billion |
| 2024 | 10.12% | 7.20% | 1.09x | 1.29x | ₩80.62 Million |
Industry Comparison
This section compares Hanchang Ind.Co.Ltd's net assets metrics with peer companies in the Metals & Mining industry.
Industry Context
- Industry: Metals & Mining
- Average net assets among peers: $80,630,931,622
- Average return on equity (ROE) among peers: 3.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanchang Ind.Co.Ltd (079170) | ₩72.18 Billion | 1.88% | 0.15x | $10.70 Million |
| POSCO M-TECH Co. Ltd (009520) | $114.61 Billion | 4.21% | 0.39x | $253.10 Million |
| Gyeongnam Steel Co. Ltd (039240) | $81.06 Billion | 5.25% | 0.83x | $26.29 Million |
| Daedong Steel Co. Ltd (048470) | $58.53 Billion | 7.39% | 0.07x | $14.08 Million |
| Dongyang S.Tec Co.Ltd (060380) | $50.92 Billion | -0.48% | 1.68x | $5.86 Million |
| Tplex Co. Ltd (081150) | $98.04 Billion | 2.26% | 0.55x | $31.02 Million |