Hancom MDS Inc (086960) - Net Assets

Latest as of March 2026: ₩153.64 Billion KRW ≈ $104.12 Million USD

Based on the latest financial reports, Hancom MDS Inc (086960) has net assets worth ₩153.64 Billion KRW (≈ $104.12 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 (₩219.23 Billion ≈ $148.57 Million USD) and total liabilities (₩65.59 Billion ≈ $44.45 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 086960 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩153.64 Billion
% of Total Assets	70.08%
Annual Growth Rate	6.86%
5-Year Change	27.84%
10-Year Change	50.88%
Growth Volatility	10.12

Hancom MDS Inc - Net Assets Trend (2007–2025)

This chart illustrates how Hancom MDS Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Hancom MDS Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hancom MDS Inc (2007–2025)

The table below shows the annual net assets of Hancom MDS Inc from 2007 to 2025. For live valuation and market cap data, see 086960 market cap overview.

Year	Net Assets	Change
2025-12-31	₩143.31 Billion ≈ $97.12 Million	+12.21%
2024-12-31	₩127.71 Billion ≈ $86.55 Million	+7.65%
2023-12-31	₩118.64 Billion ≈ $80.40 Million	+13.71%
2022-12-31	₩104.33 Billion ≈ $70.70 Million	-6.93%
2021-12-31	₩112.10 Billion ≈ $75.97 Million	-3.32%
2020-12-31	₩115.94 Billion ≈ $78.57 Million	+3.29%
2019-12-31	₩112.25 Billion ≈ $76.07 Million	+4.06%
2018-12-31	₩107.87 Billion ≈ $73.10 Million	+8.37%
2017-12-31	₩99.54 Billion ≈ $67.46 Million	+4.80%
2016-12-31	₩94.98 Billion ≈ $64.37 Million	-1.10%
2015-12-31	₩96.04 Billion ≈ $65.09 Million	+8.56%
2014-12-31	₩88.47 Billion ≈ $59.95 Million	+11.87%
2013-12-31	₩79.08 Billion ≈ $53.59 Million	+10.19%
2012-12-31	₩71.77 Billion ≈ $48.64 Million	+20.80%
2011-12-31	₩59.41 Billion ≈ $40.26 Million	+36.78%
2007-12-31	₩43.43 Billion ≈ $29.43 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hancom MDS Inc'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 9019543800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩90.20 Billion	63.80%
Other Components	₩51.18 Billion	36.20%
Total Equity	₩141.37 Billion	100.00%

Hancom MDS Inc Competitors by Market Cap

The table below lists competitors of Hancom MDS Inc ranked by their market capitalization.

Company	Market Cap
Natural Alternatives International NASDAQ:NAII	$15.44 Million
Lagnam Spintex Limited NSE:LAGNAM	$15.45 Million
Keynote Financial Services Limited NSE:KEYFINSERV	$15.46 Million
Rajshree Polypack Limited NSE:RPPL	$15.46 Million
Immo Moury SICAF Immobiliere Publique de Droit Belge BR:IMMOU	$15.43 Million
KineMaster Corporation KQ:139670	$15.43 Million
CSLM Acquisition Corp. NASDAQ:CSLMF	$15.41 Million
Greater Than AB ST:GREAT	$15.40 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hancom MDS Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 127,712,453,770 to 141,371,834,000, a change of 13,659,380,230 (10.7%).
Net income of 8,228,280,930 contributed positively to equity growth.
Share repurchases of 70,720,480 reduced equity.
Other factors increased equity by 5,501,819,780.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩8.23 Billion	+5.82%
Share Repurchases	₩70.72 Million	-0.05%
Other Changes	₩5.50 Billion	+3.89%
Total Change	₩-	10.70%

Book Value vs Market Value Analysis

This analysis compares Hancom MDS Inc'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: 0.68x
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 increased from 0.23x to 0.68x 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	₩11386.09	₩2580.00	x
2017-12-31	₩12099.17	₩2580.00	x
2018-12-31	₩13107.02	₩2580.00	x
2019-12-31	₩13639.64	₩2580.00	x
2020-12-31	₩14087.77	₩2580.00	x
2021-12-31	₩1358.77	₩2580.00	x
2022-12-31	₩1258.09	₩2580.00	x
2023-12-31	₩1326.60	₩2580.00	x
2024-12-31	₩1375.89	₩2580.00	x
2025-12-31	₩3807.61	₩2580.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hancom MDS Inc 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): 5.82%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.38%
• Asset Turnover: 0.88x
• Equity Multiplier: 1.50x
Recent ROE (5.82%) is below the historical average (6.93%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	9.30%	5.36%	1.09x	1.59x	₩-267.99 Million
2011	16.34%	13.73%	0.93x	1.28x	₩3.77 Billion
2012	14.10%	13.92%	0.82x	1.24x	₩2.94 Billion
2013	11.44%	10.71%	0.81x	1.31x	₩1.13 Billion
2014	11.53%	9.60%	0.88x	1.36x	₩1.34 Billion
2015	10.98%	8.95%	0.92x	1.34x	₩941.57 Million
2016	10.52%	6.65%	1.02x	1.54x	₩497.63 Million
2017	8.77%	5.86%	1.04x	1.44x	₩-1.23 Billion
2018	5.59%	4.37%	0.84x	1.52x	₩-4.75 Billion
2019	7.24%	5.24%	1.00x	1.38x	₩-3.10 Billion
2020	3.63%	2.87%	0.83x	1.52x	₩-7.38 Billion
2021	-4.43%	-3.33%	0.73x	1.83x	₩-16.18 Billion
2022	-6.49%	-4.41%	0.96x	1.53x	₩-17.20 Billion
2023	1.22%	0.91%	0.89x	1.50x	₩-10.20 Billion
2024	5.38%	4.15%	0.69x	1.87x	₩-5.91 Billion
2025	5.82%	4.38%	0.88x	1.50x	₩-5.91 Billion

Industry Comparison

This section compares Hancom MDS Inc's net assets metrics with peer companies in the Software & IT Services industry.

Industry Context

Industry: Software & IT Services
Average net assets among peers: $74,389,613,135
Average return on equity (ROE) among peers: 0.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hancom MDS Inc (086960)	₩153.64 Billion	9.30%	0.43x	$15.44 Million
Daishin Information & Communications Co.Ltd (020180)	$23.95 Billion	3.55%	1.79x	$28.20 Million
PLAYWITH Inc (023770)	$28.92 Billion	6.38%	2.57x	$6.47 Million
Hancom Inc (030520)	$268.66 Billion	13.81%	1.69x	$293.46 Million
UBcare. Co. Ltd (032620)	$46.56 Billion	10.89%	0.39x	$107.27 Million
Softcen Co. Ltd (032680)	$24.57 Billion	0.00%	0.72x	$20.15 Million
InfoBank Corporation (039290)	$49.79 Billion	3.18%	0.46x	$18.54 Million
Korea Business News Co. Ltd (039340)	$168.04 Billion	8.22%	0.16x	$69.62 Million
CUROCOM Co. Ltd (040350)	$38.65 Billion	-27.01%	0.81x	$593.11 Million
Polaris Office Corp (041020)	$89.86 Billion	10.66%	0.35x	$83.18 Million
Total Soft Bank Ltd (045340)	$4.90 Billion	-23.39%	1.65x	$39.47 Million

About Hancom MDS Inc

KQ:086960 Korea Software & IT Services

Market Cap

$15.44 Million

₩22.78 Billion KRW

Market Cap Rank

#25941 Global

#1900 in Korea

Share Price

₩2580.00

Change (1 day)

+0.00%

52-Week Range

₩1048.00 - ₩3660.00

All Time High

₩3760.00