Hwashin Precision Engineering Co. Ltd (126640) - Net Assets
Based on the latest financial reports, Hwashin Precision Engineering Co. Ltd (126640) has net assets worth ₩128.95 Billion KRW (≈ $87.39 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩237.56 Billion ≈ $160.99 Million USD) and total liabilities (₩108.61 Billion ≈ $73.61 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 126640 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩128.95 Billion |
| % of Total Assets | 54.28% |
| Annual Growth Rate | 3.96% |
| 5-Year Change | 21.2% |
| 10-Year Change | 44.08% |
| Growth Volatility | 7.41 |
Hwashin Precision Engineering Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Hwashin Precision Engineering Co. Ltd's net assets have evolved over time, based on quarterly financial data. See Hwashin Precision Engineering Co. Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hwashin Precision Engineering Co. Ltd (2014–2025)
The table below shows the annual net assets of Hwashin Precision Engineering Co. Ltd from 2014 to 2025. For live valuation and market cap data, see market cap of Hwashin Precision Engineering Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩118.51 Billion ≈ $80.31 Million |
+10.93% |
| 2024-12-31 | ₩106.84 Billion ≈ $72.40 Million |
-9.56% |
| 2023-12-31 | ₩118.14 Billion ≈ $80.06 Million |
+16.22% |
| 2022-12-31 | ₩101.65 Billion ≈ $68.88 Million |
+3.95% |
| 2021-12-31 | ₩97.78 Billion ≈ $66.26 Million |
+14.05% |
| 2020-12-31 | ₩85.73 Billion ≈ $58.10 Million |
+6.34% |
| 2019-12-31 | ₩80.62 Billion ≈ $54.64 Million |
+5.10% |
| 2018-12-31 | ₩76.71 Billion ≈ $51.99 Million |
-4.49% |
| 2017-12-31 | ₩80.32 Billion ≈ $54.43 Million |
-2.35% |
| 2016-12-31 | ₩82.25 Billion ≈ $55.74 Million |
+4.09% |
| 2015-12-31 | ₩79.02 Billion ≈ $53.55 Million |
+2.18% |
| 2014-12-31 | ₩77.33 Billion ≈ $52.41 Million |
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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 107.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩78.65 Billion | 66.37% |
| Other Components | ₩39.86 Billion | 33.63% |
| Total Equity | ₩118.51 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 |
|---|---|
|
SR Bancorp, Inc. Common stock
NASDAQ:SRBK
|
$136.63 Million |
|
P2 Gold Inc
V:PGLD
|
$136.63 Million |
|
Anterogen.Co.Ltd
KQ:065660
|
$136.64 Million |
|
Tenaya Therapeutics Inc
NASDAQ:TNYA
|
$136.66 Million |
|
Stomil Sanok SA
WAR:SNK
|
$136.51 Million |
|
HLB Life Science Co. Ltd
KQ:067630
|
$136.50 Million |
|
Soechi Lines Tbk
JK:SOCI
|
$136.50 Million |
|
Hardwyn India Limited
NSE:HARDWYN
|
$136.49 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 2024 to 2025, total equity changed from 106,836,858,560 to 118,510,671,840, a change of 11,673,813,280 (10.9%).
- Net income of 10,313,484,740 contributed positively to equity growth.
- Dividend payments of 1,752,795,500 reduced retained earnings.
- Other factors increased equity by 3,113,124,040.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.31 Billion | +8.7% |
| Dividends Paid | ₩1.75 Billion | -1.48% |
| Other Changes | ₩3.11 Billion | +2.63% |
| Total Change | ₩- | 10.93% |
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: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.45x to 1.70x 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 | ₩5750.00 | x |
| 2017-12-31 | ₩2291.28 | ₩5750.00 | x |
| 2018-12-31 | ₩2188.34 | ₩5750.00 | x |
| 2019-12-31 | ₩2299.87 | ₩5750.00 | x |
| 2020-12-31 | ₩2445.65 | ₩5750.00 | x |
| 2021-12-31 | ₩2789.27 | ₩5750.00 | x |
| 2022-12-31 | ₩2899.58 | ₩5750.00 | x |
| 2023-12-31 | ₩3369.93 | ₩5750.00 | x |
| 2024-12-31 | ₩3047.61 | ₩5750.00 | x |
| 2025-12-31 | ₩3380.62 | ₩5750.00 | 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): 8.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 1.91x
- • Equity Multiplier: 1.67x
- Recent ROE (8.70%) is above the historical average (5.18%), indicating improving 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 |
| 2025 | 8.70% | 2.72% | 1.91x | 1.67x | ₩-1.54 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: $97,766,495,837
- Average return on equity (ROE) among peers: 3.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwashin Precision Engineering Co. Ltd (126640) | ₩128.95 Billion | 6.48% | 0.84x | $136.60 Million |
| CBI Co. Ltd (013720) | $16.47 Billion | 3.40% | 1.15x | $2.89 Million |
| Ilji Technology Co. Ltd (019540) | $99.79 Billion | -0.61% | 2.82x | $54.64 Million |
| Hanil Forging Industrial Co. Ltd (024740) | $88.74 Billion | -3.08% | 1.60x | $45.62 Million |
| HRS Co. Ltd (036640) | $81.18 Billion | 11.35% | 0.13x | $52.26 Million |
| Ecoplastic Corporation (038110) | $359.73 Billion | 0.55% | 3.72x | $38.97 Million |
| Saedong Co.Ltd (053060) | $21.73 Billion | -19.24% | 4.73x | $20.13 Million |
| Guyoung Technology Co. Ltd (053270) | $20.67 Billion | 4.02% | 4.00x | $32.85 Million |
| Sambo Motors Co. Ltd (053700) | $150.49 Billion | 22.52% | 2.48x | $45.19 Million |
| ESTec Corporation (069510) | $100.68 Billion | 12.93% | 0.72x | $68.51 Million |
| Sungchang Autotech Co. Ltd (080470) | $38.18 Billion | 2.17% | 2.20x | $15.29 Million |
About 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