Hwashin Precision Engineering Co. Ltd
Hwashin Precision Engineering Co., Ltd. manufactures and supplies automobile components in South Korea. The company offers chassis components, such as front cross member, front lower arm, rear coupled torsion beam axle, rear cross member, rear lower ram, rear trailing arm, rear assist arm, front upper arm, rear axle housing assembly, pedal, and fuel tank. It also provides body related products, i… Read more
Hwashin Precision Engineering Co. Ltd (126640) - Net Assets
Latest net assets as of September 2025: ₩113.61 Billion KRW
Based on the latest financial reports, Hwashin Precision Engineering Co. Ltd (126640) has net assets worth ₩113.61 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩181.58 Billion) and total liabilities (₩67.97 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 | ₩113.61 Billion |
| % of Total Assets | 62.57% |
| Annual Growth Rate | 3.28% |
| 5-Year Change | 24.61% |
| 10-Year Change | 35.2% |
| Growth Volatility | 7.45 |
Hwashin Precision Engineering Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Hwashin Precision Engineering 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 Hwashin Precision Engineering Co. Ltd (2014–2024)
The table below shows the annual net assets of Hwashin Precision Engineering Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩106.84 Billion | -9.56% |
| 2023-12-31 | ₩118.14 Billion | +16.22% |
| 2022-12-31 | ₩101.65 Billion | +3.95% |
| 2021-12-31 | ₩97.78 Billion | +14.05% |
| 2020-12-31 | ₩85.73 Billion | +6.34% |
| 2019-12-31 | ₩80.62 Billion | +5.10% |
| 2018-12-31 | ₩76.71 Billion | -4.49% |
| 2017-12-31 | ₩80.32 Billion | -2.35% |
| 2016-12-31 | ₩82.25 Billion | +4.09% |
| 2015-12-31 | ₩79.02 Billion | +2.18% |
| 2014-12-31 | ₩77.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hwashin Precision Engineering 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 89.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩71.50 Billion | 66.93% |
| Common Stock | ₩3.64 Billion | 3.40% |
| Other Components | ₩31.70 Billion | 29.67% |
| Total Equity | ₩106.84 Billion | 100.00% |
Hwashin Precision Engineering Co. Ltd Competitors by Market Cap
The table below lists competitors of Hwashin Precision Engineering Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
T.S. Investment Corp.
KQ:246690
|
$24.25 Million |
|
Appro Photoelectron Inc.
TWO:6560
|
$24.25 Million |
|
Daesung Finetec Co.Ltd
KQ:104040
|
$24.26 Million |
|
Pyxus International Inc
PINK:PYYX
|
$24.26 Million |
|
Mas Murni Indonesia Tbk
JK:MAMI
|
$24.24 Million |
|
ZYUS Life Sciences Corporation
OTCGREY:ZLSCF
|
$24.23 Million |
|
SD Standard Drilling PLC
OL:SDSD
|
$24.23 Million |
|
Shenguan Holdings (Group) Limited
F:S2N
|
$24.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hwashin Precision Engineering Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 118,135,945,710 to 106,836,858,560, a change of -11,299,087,150 (-9.6%).
- Net income of 2,636,388,220 contributed positively to equity growth.
- Dividend payments of 1,752,795,500 reduced retained earnings.
- Other factors decreased equity by 12,182,679,870.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.64 Billion | +2.47% |
| Dividends Paid | ₩1.75 Billion | -1.64% |
| Other Changes | ₩-12.18 Billion | -11.4% |
| Total Change | ₩- | -9.56% |
Book Value vs Market Value Analysis
This analysis compares Hwashin Precision Engineering 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: 0.51x
- 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 decreased from 0.66x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩2346.31 | ₩1548.00 | x |
| 2017-12-31 | ₩2291.28 | ₩1548.00 | x |
| 2018-12-31 | ₩2188.34 | ₩1548.00 | x |
| 2019-12-31 | ₩2299.87 | ₩1548.00 | x |
| 2020-12-31 | ₩2445.65 | ₩1548.00 | x |
| 2021-12-31 | ₩2789.27 | ₩1548.00 | x |
| 2022-12-31 | ₩2899.58 | ₩1548.00 | x |
| 2023-12-31 | ₩3369.93 | ₩1548.00 | x |
| 2024-12-31 | ₩3047.61 | ₩1548.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hwashin Precision Engineering 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): 2.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 1.90x
- • Equity Multiplier: 1.59x
- Recent ROE (2.47%) is below the historical average (4.86%), 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 | 6.48% | 2.01% | 2.24x | 1.44x | ₩-2.72 Billion |
| 2015 | 5.50% | 1.87% | 2.22x | 1.33x | ₩-3.56 Billion |
| 2016 | 4.63% | 1.86% | 1.75x | 1.43x | ₩-4.42 Billion |
| 2017 | 3.86% | 1.55% | 1.86x | 1.34x | ₩-4.94 Billion |
| 2018 | 1.38% | 0.50% | 2.04x | 1.36x | ₩-6.61 Billion |
| 2019 | 4.28% | 1.49% | 1.72x | 1.66x | ₩-4.61 Billion |
| 2020 | 5.62% | 1.95% | 1.68x | 1.71x | ₩-3.75 Billion |
| 2021 | 4.65% | 1.78% | 1.66x | 1.57x | ₩-5.23 Billion |
| 2022 | 6.96% | 2.23% | 1.97x | 1.59x | ₩-3.09 Billion |
| 2023 | 7.65% | 2.51% | 1.82x | 1.67x | ₩-2.78 Billion |
| 2024 | 2.47% | 0.82% | 1.90x | 1.59x | ₩-8.05 Billion |
Industry Comparison
This section compares Hwashin Precision Engineering Co. Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $65,649,236,115
- Average return on equity (ROE) among peers: 1.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwashin Precision Engineering Co. Ltd (126640) | ₩113.61 Billion | 6.48% | 0.60x | $24.25 Million |
| CBI Co. Ltd (013720) | $30.17 Billion | -40.70% | 1.54x | $40.80 Million |
| Ilji Technology Co. Ltd (019540) | $122.84 Billion | -2.81% | 1.81x | $31.01 Million |
| CNH Co. Ltd (023460) | $96.88 Billion | 3.26% | 2.48x | $122.68K |
| Hanil Forging Industrial Co. Ltd (024740) | $68.01 Billion | 4.18% | 0.95x | $45.82 Million |
| HRS Co. Ltd (036640) | $74.76 Billion | 5.31% | 0.30x | $29.83 Million |
| Ecoplastic Corporation (038110) | $74.25 Billion | 12.92% | 2.02x | $46.59 Million |
| Saedong Co.Ltd (053060) | $22.63 Billion | 0.00% | 2.08x | $10.63 Million |
| Guyoung Technology Co. Ltd (053270) | $83.43 Billion | 4.77% | 1.88x | $20.94 Million |
| Sambo Motors Co. Ltd (053700) | $50.01 Billion | 7.84% | 2.19x | $45.66 Million |
| ESTec Corporation (069510) | $33.53 Billion | 21.14% | 0.91x | $30.52 Million |