Humax Co. Ltd (115160) - Net Assets

Latest as of September 2025: ₩117.57 Billion KRW ≈ $79.68 Million USD

Based on the latest financial reports, Humax Co. Ltd (115160) has net assets worth ₩117.57 Billion KRW (≈ $79.68 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 (₩522.31 Billion ≈ $353.96 Million USD) and total liabilities (₩404.74 Billion ≈ $274.28 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 tangible equity quality of Humax Co. Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩117.57 Billion
% of Total Assets	22.51%
Annual Growth Rate	-4.93%
5-Year Change	-51.13%
10-Year Change	-67.07%
Growth Volatility	12.38

Humax Co. Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Humax Co. Ltd's net assets have evolved over time, based on quarterly financial data. See Humax Co. Ltd (115160) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Humax Co. Ltd (2009–2024)

The table below shows the annual net assets of Humax Co. Ltd from 2009 to 2024. For live valuation and market cap data, see market cap of Humax Co. Ltd.

Year	Net Assets	Change
2024-12-31	₩156.62 Billion ≈ $106.14 Million	-36.82%
2023-12-31	₩247.90 Billion ≈ $168.00 Million	-10.56%
2022-12-31	₩277.17 Billion ≈ $187.83 Million	-13.28%
2021-12-31	₩319.59 Billion ≈ $216.58 Million	-0.27%
2020-12-31	₩320.47 Billion ≈ $217.18 Million	-19.57%
2019-12-31	₩398.43 Billion ≈ $270.01 Million	+4.88%
2018-12-31	₩379.87 Billion ≈ $257.44 Million	-12.13%
2017-12-31	₩432.30 Billion ≈ $292.97 Million	-8.09%
2016-12-31	₩470.35 Billion ≈ $318.75 Million	-1.09%
2015-12-31	₩475.55 Billion ≈ $322.27 Million	+4.73%
2014-12-31	₩454.06 Billion ≈ $307.71 Million	+3.37%
2013-12-31	₩439.26 Billion ≈ $297.68 Million	+8.74%
2012-12-31	₩403.97 Billion ≈ $273.76 Million	+2.14%
2011-12-31	₩395.51 Billion ≈ $268.03 Million	+6.95%
2010-12-31	₩369.79 Billion ≈ $250.60 Million	+10.66%
2009-12-31	₩334.18 Billion ≈ $226.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Humax 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 12656.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	₩21.99 Billion	14.04%
Other Components	₩328.44 Billion	209.71%
Total Equity	₩156.62 Billion	100.00%

Humax Co. Ltd Competitors by Market Cap

The table below lists competitors of Humax Co. Ltd ranked by their market capitalization.

Company	Market Cap
Shandong Jining Ruyi Woolen Textile Co Ltd SHE:002193	$189.19 Million
Gem Terminal Industry Co Ltd TW:2460	$189.24 Million
Vakif Finansal Kiralama AS IS:VAKFN	$189.26 Million
Pro-Hawk TWO:8083	$189.28 Million
Gelecek Varlik Yonetimi AS IS:GLCVY	$188.99 Million
CHC Healthcare Group TW:4164	$188.91 Million
Bien Yapi Urunleri Sanayi Turizm ve Ticaret A.S. IS:BIENY	$188.88 Million
Kang Yong Electric Public Company Limited BK:KYE	$188.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Humax Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 215,624,081,960 to 156,615,219,990, a change of -59,008,861,970 (-27.4%).
Net loss of 57,049,489,990 reduced equity.
Other factors decreased equity by 1,959,371,980.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-57.05 Billion	-36.43%
Other Changes	₩-1.96 Billion	-1.25%
Total Change	₩-	-27.37%

Book Value vs Market Value Analysis

This analysis compares Humax 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: 1.78x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.34x to 1.78x 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	₩18789.41	₩6470.00	x
2017-12-31	₩17269.62	₩6470.00	x
2018-12-31	₩15175.17	₩6470.00	x
2019-12-31	₩15916.39	₩6470.00	x
2020-12-31	₩10551.75	₩6470.00	x
2021-12-31	₩7433.50	₩6470.00	x
2022-12-31	₩6427.58	₩6470.00	x
2023-12-31	₩5000.39	₩6470.00	x
2024-12-31	₩3631.96	₩6470.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Humax 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): -36.43%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -10.65%
• Asset Turnover: 0.81x
• Equity Multiplier: 4.23x
Recent ROE (-36.43%) is below the historical average (-10.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	4.79%	1.46%	1.53x	2.15x	₩-22.87 Billion
2015	6.51%	2.17%	1.50x	2.00x	₩-16.60 Billion
2016	1.34%	0.47%	1.33x	2.17x	₩-40.74 Billion
2017	-7.33%	-1.97%	1.34x	2.79x	₩-74.90 Billion
2018	-12.39%	-3.27%	1.36x	2.78x	₩-85.06 Billion
2019	4.92%	1.67%	1.15x	2.57x	₩-20.24 Billion
2020	-27.32%	-10.01%	0.80x	3.43x	₩-119.60 Billion
2021	-12.12%	-6.02%	0.67x	3.00x	₩-70.70 Billion
2022	-13.84%	-5.56%	0.68x	3.64x	₩-66.07 Billion
2023	-28.52%	-9.51%	0.78x	3.86x	₩-83.05 Billion
2024	-36.43%	-10.65%	0.81x	4.23x	₩-72.71 Billion

Industry Comparison

This section compares Humax Co. Ltd's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

Industry: Communication Equipment
Average net assets among peers: $158,804,236,261
Average return on equity (ROE) among peers: -2.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Humax Co. Ltd (115160)	₩117.57 Billion	4.79%	3.44x	$189.07 Million
Gaon Cable (000500)	$453.71 Billion	5.59%	1.30x	$3.82 Billion
Huneed Tech (005870)	$98.66 Billion	18.17%	0.72x	$50.92 Million
Taihan Fiber Optics Co. Ltd (010170)	$76.02 Billion	-38.75%	2.09x	$1.70 Billion
Humax Holdings Co. Ltd (028080)	$149.69 Billion	-9.17%	0.10x	$9.69 Million
Comtec Sys (031820)	$206.97 Billion	1.91%	1.54x	$487.29 Million
KMW Inc. (032500)	$174.87 Billion	-37.34%	0.58x	$711.01 Million
Insung Information Co. Ltd (033230)	$50.29 Billion	14.07%	1.94x	$43.53 Million
Bluecom Co. Ltd (033560)	$159.95 Billion	0.04%	0.13x	$38.89 Million
Kisan Telecom Co. Ltd (035460)	$53.18 Billion	2.85%	0.93x	$27.02 Million
Samji Electronics Co. Ltd (037460)	$164.71 Billion	15.34%	1.84x	$390.77 Million

About Humax Co. Ltd

KQ:115160 Korea Communication Equipment

Market Cap

$189.07 Million

₩279.00 Billion KRW

Market Cap Rank

#16872 Global

#658 in Korea

Share Price

₩6470.00

Change (1 day)

+0.00%

52-Week Range

₩589.00 - ₩9370.00

All Time High

₩17721.26