Hancom MDS Inc (086960) - Net Assets
Based on the latest financial reports, Hancom MDS Inc (086960) has net assets worth ₩133.09 Billion KRW (≈ $90.20 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 (₩203.95 Billion ≈ $138.22 Million USD) and total liabilities (₩70.86 Billion ≈ $48.02 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 Hancom MDS Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩133.09 Billion |
| % of Total Assets | 65.26% |
| Annual Growth Rate | 6.55% |
| 5-Year Change | 10.15% |
| 10-Year Change | 32.98% |
| Growth Volatility | 10.43 |
Hancom MDS Inc - Net Assets Trend (2007–2024)
This chart illustrates how Hancom MDS Inc's net assets have evolved over time, based on quarterly financial data. Also explore Hancom MDS Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Hancom MDS Inc (2007–2024)
The table below shows the annual net assets of Hancom MDS Inc from 2007 to 2024. For live valuation and market cap data, see 086960 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 8164723649000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩81.65 Billion | 63.93% |
| Common Stock | ₩19.29 Billion | 15.11% |
| Other Components | ₩26.77 Billion | 20.96% |
| Total Equity | ₩127.71 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 |
|---|---|
|
Pantheon Infrastructure PLC
LSE:PINT
|
$6.68 Million |
|
Peraso Inc
NASDAQ:PRSO
|
$6.68 Million |
|
Gafisa S.A
SA:GFSA3
|
$6.69 Million |
|
Dogness International Corp Class A
NASDAQ:DOGZ
|
$6.69 Million |
|
Jayud Global Logistics Limited Class A Ordinary Shares
NASDAQ:JYD
|
$6.67 Million |
|
Largo SAS
PA:ALLGO
|
$6.67 Million |
|
Zimtu Capital Corp
V:ZC
|
$6.66 Million |
|
TAIZHOU WATER GRP. H YC 1
F:GX5
|
$6.66 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 2023 to 2024, total equity changed from 116,181,369,750 to 127,712,453,770, a change of 11,531,084,020 (9.9%).
- Net income of 6,865,704,620 contributed positively to equity growth.
- Share repurchases of 5,313,400,820 reduced equity.
- New share issuances of 5,313,400,820 increased equity.
- Other factors increased equity by 4,665,379,400.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.87 Billion | +5.38% |
| Share Repurchases | ₩5.31 Billion | -4.16% |
| Share Issuances | ₩5.31 Billion | +4.16% |
| Other Changes | ₩4.67 Billion | +3.65% |
| Total Change | ₩- | 9.93% |
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: 0.81x
- 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 0.10x to 0.81x 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 | ₩1115.00 | x |
| 2017-12-31 | ₩12099.17 | ₩1115.00 | x |
| 2018-12-31 | ₩13107.02 | ₩1115.00 | x |
| 2019-12-31 | ₩13639.64 | ₩1115.00 | x |
| 2020-12-31 | ₩14087.77 | ₩1115.00 | x |
| 2021-12-31 | ₩1358.77 | ₩1115.00 | x |
| 2022-12-31 | ₩1258.09 | ₩1115.00 | x |
| 2023-12-31 | ₩1326.60 | ₩1115.00 | x |
| 2024-12-31 | ₩1375.89 | ₩1115.00 | 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): 5.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.15%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.87x
- Recent ROE (5.38%) is below the historical average (7.01%), 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 |
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: $86,509,074,709
- Average return on equity (ROE) among peers: -2.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hancom MDS Inc (086960) | ₩133.09 Billion | 9.30% | 0.53x | $6.67 Million |
| Daishin Information & Communications Co.Ltd (020180) | $28.59 Billion | -0.17% | 1.98x | $32.06 Million |
| PLAYWITH Inc (023770) | $18.06 Billion | 50.26% | 5.79x | $7.73 Million |
| Hancom Inc (030520) | $315.69 Billion | 14.81% | 1.20x | $300.10 Million |
| UBcare. Co. Ltd (032620) | $99.22 Billion | -1.60% | 0.61x | $140.04 Million |
| Softcen Co. Ltd (032680) | $50.38 Billion | 0.00% | 0.19x | $5.97 Million |
| InfoBank Corporation (039290) | $52.41 Billion | 1.60% | 0.39x | $26.52 Million |
| Korea Business News Co. Ltd (039340) | $168.04 Billion | 8.22% | 0.16x | $72.70 Million |
| CUROCOM Co. Ltd (040350) | $52.85 Billion | -20.57% | 0.57x | $54.20 Million |
| Polaris Office Corp (041020) | $74.87 Billion | 3.60% | 0.20x | $125.79 Million |
| Total Soft Bank Ltd (045340) | $4.99 Billion | -77.23% | 1.09x | $38.66 Million |
About Hancom MDS Inc
MDS Tech Inc. provides embedded solutions in South Korea, Southeast Asia, India, and Oceania. It provides embedded systems development solutions and services, including debugging solutions, design automation, test automation, and in-vehicle infotainment services, as well as Windows IoT OS. The company's products also include NEOS RTOS, a real-time Operating System for embedded systems; and data d… Read more