HanJung Natural Connectivity System.co.,Ltd
HanJung Natural Connectivity System.co.,Ltd, together with its subsidiaries, manufactures and sells automobile and energy storage device parts. It offers HVAC system parts, that includes cooling fan module, active air flap, and air guard; EV parts, such as PHEV battery module, electric vacuum pump, EVP controller, vacuum switch and sensor, motor brush holder, BEV battery module, EV power relay as… Read more
HanJung Natural Connectivity System.co.,Ltd (107640) - Net Assets
Latest net assets as of March 2025: ₩81.78 Billion KRW
Based on the latest financial reports, HanJung Natural Connectivity System.co.,Ltd (107640) has net assets worth ₩81.78 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩160.17 Billion) and total liabilities (₩78.39 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 | ₩81.78 Billion |
| % of Total Assets | 51.06% |
| Annual Growth Rate | 77.69% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 280.02 |
HanJung Natural Connectivity System.co.,Ltd - Net Assets Trend (2022–2024)
This chart illustrates how HanJung Natural Connectivity System.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 HanJung Natural Connectivity System.co.,Ltd (2022–2024)
The table below shows the annual net assets of HanJung Natural Connectivity System.co.,Ltd from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩82.33 Billion | +511.69% |
| 2023-12-31 | ₩13.46 Billion | -48.35% |
| 2022-12-31 | ₩26.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HanJung Natural Connectivity System.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 86253305000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩4.52 Billion | 5.50% |
| Other Components | ₩91.78 Billion | 111.47% |
| Total Equity | ₩82.33 Billion | 100.00% |
HanJung Natural Connectivity System.co.,Ltd Competitors by Market Cap
The table below lists competitors of HanJung Natural Connectivity System.co.,Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MEDIA DO Co. Ltd
PINK:MDDCF
|
$171.29 Million |
|
Business Engineering Corporation
MU:TBY
|
$171.33 Million |
|
Huaiji Dengyun Auto-parts Holding Co Ltd
SHE:002715
|
$171.34 Million |
|
ICHIYOSHI SECS CO. LTD.
F:8KF
|
$171.44 Million |
|
Blackedge Ltd
TA:BLEG
|
$171.26 Million |
|
SILOAM INTL HOS. RP 125
F:2LS
|
$171.24 Million |
|
ADD Industry Zhejiang Co Ltd
SHG:603089
|
$171.22 Million |
|
United Faith Auto-Engineering Co. Ltd.
SHE:301112
|
$171.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HanJung Natural Connectivity System.co.,Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,459,722,250 to 82,331,932,830, a change of 68,872,210,580 (511.7%).
- Net income of 17,303,267,170 contributed positively to equity growth.
- Share repurchases of 53,597,765,000 reduced equity.
- Other factors increased equity by 105,166,708,410.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩17.30 Billion | +21.02% |
| Share Repurchases | ₩53.60 Billion | -65.1% |
| Other Changes | ₩105.17 Billion | +127.74% |
| Total Change | ₩- | 511.69% |
Book Value vs Market Value Analysis
This analysis compares HanJung Natural Connectivity System.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: 5.34x
- 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 decreased from 14.83x to 5.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩3660.66 | ₩54300.00 | x |
| 2023-12-31 | ₩1890.91 | ₩54300.00 | x |
| 2024-12-31 | ₩10165.09 | ₩54300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HanJung Natural Connectivity System.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): 21.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.76%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.03x
- Recent ROE (21.02%) is above the historical average (-59.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -77.34% | -22.77% | 0.75x | 4.51x | ₩-22.76 Billion |
| 2023 | -122.15% | -13.53% | 0.99x | 9.11x | ₩-17.79 Billion |
| 2024 | 21.02% | 9.76% | 1.06x | 2.03x | ₩9.07 Billion |
Industry Comparison
This section compares HanJung Natural Connectivity System.co.,Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HanJung Natural Connectivity System.co.,Ltd (107640) | ₩81.78 Billion | -77.34% | 0.96x | $171.29 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |