Humax Co. Ltd (115160) - Net Assets
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 Humax Co. Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 115160 asset base for the complete picture of this company's asset base.
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 |
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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 |
|---|---|
|
ZHOU HEI YA HLDG -000001
F:ZHY
|
$273.92 Million |
|
MC Group Public Company Limited
BK:MC
|
$274.01 Million |
|
Aviat Networks Inc
NASDAQ:AVNW
|
$274.17 Million |
|
Qingyan Environmental Technology Co. Ltd.
SHE:301288
|
$274.22 Million |
|
Planet Technology
TWO:6263
|
$273.71 Million |
|
Leonteq AG
SW:LEON
|
$273.70 Million |
|
Aurion Resources Ltd
V:AU
|
$273.63 Million |
|
Yem Chio Co Ltd
TW:4306
|
$273.63 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: 2.58x
- 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 0.50x to 2.58x 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 | ₩9370.00 | x |
| 2017-12-31 | ₩17269.62 | ₩9370.00 | x |
| 2018-12-31 | ₩15175.17 | ₩9370.00 | x |
| 2019-12-31 | ₩15916.39 | ₩9370.00 | x |
| 2020-12-31 | ₩10551.75 | ₩9370.00 | x |
| 2021-12-31 | ₩7433.50 | ₩9370.00 | x |
| 2022-12-31 | ₩6427.58 | ₩9370.00 | x |
| 2023-12-31 | ₩5000.39 | ₩9370.00 | x |
| 2024-12-31 | ₩3631.96 | ₩9370.00 | 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: $172,585,605,867
- Average return on equity (ROE) among peers: -1.48%
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 | $273.82 Million |
| Gaon Cable (000500) | $264.57 Billion | 1.45% | 0.96x | $2.71 Billion |
| Huneed Tech (005870) | $133.18 Billion | 9.77% | 1.01x | $83.92 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $76.02 Billion | -38.75% | 2.09x | $1.12 Billion |
| Humax Holdings Co. Ltd (028080) | $153.14 Billion | 3.81% | 0.11x | $72.29 Million |
| Comtec Sys (031820) | $233.58 Billion | 7.99% | 1.65x | $61.77 Million |
| KMW Inc. (032500) | $45.56 Billion | 8.64% | 3.57x | $821.46 Million |
| Insung Information Co. Ltd (033230) | $74.64 Billion | 0.00% | 0.44x | $66.08 Million |
| Bluecom Co. Ltd (033560) | $166.15 Billion | 1.16% | 0.04x | $37.87 Million |
| Kisan Telecom Co. Ltd (035460) | $32.43 Billion | -14.68% | 1.16x | $37.89 Million |
| Samji Electronics Co. Ltd (037460) | $546.58 Billion | 5.79% | 0.86x | $329.75 Million |
About Humax Co. Ltd
Humax Co., Ltd. engages in the gateway, automotive electronics, and digital solution businesses in South Korea and internationally. The company offers set-top box, broadband gateway, and video gateway products; integrated shark antennas for vehicles; micro antennas and smart key antennas for controlling the opening and closing of car doors and trunks; and digital broadcasting software for broadca… Read more