HARIM Co. Ltd
HARIM Co., Ltd., a chicken-specialized company, engages in the broiler processing and feed manufacturing business in South Korea. The company offers various chicken products, such as convenience food and seasoned meat under the Fresh Up brand. It is involved in poultry, animal hospital, healthcare, and distribution business. It exports its products. HARIM Co., Ltd. was founded in 1978 and is base… Read more
HARIM Co. Ltd (136480) - Net Assets
Latest net assets as of September 2025: ₩329.46 Billion KRW
Based on the latest financial reports, HARIM Co. Ltd (136480) has net assets worth ₩329.46 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 (₩853.77 Billion) and total liabilities (₩524.31 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 | ₩329.46 Billion |
| % of Total Assets | 38.59% |
| Annual Growth Rate | 3.59% |
| 5-Year Change | 1.46% |
| 10-Year Change | 50.13% |
| Growth Volatility | 16.04 |
HARIM Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how HARIM 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 HARIM Co. Ltd (2014–2024)
The table below shows the annual net assets of HARIM Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩288.34 Billion | -6.55% |
| 2023-12-31 | ₩308.56 Billion | +2.75% |
| 2022-12-31 | ₩300.29 Billion | +0.90% |
| 2021-12-31 | ₩297.63 Billion | +4.73% |
| 2020-12-31 | ₩284.19 Billion | +11.77% |
| 2019-12-31 | ₩254.27 Billion | -14.11% |
| 2018-12-31 | ₩296.03 Billion | -4.11% |
| 2017-12-31 | ₩308.73 Billion | +47.47% |
| 2016-12-31 | ₩209.35 Billion | +9.01% |
| 2015-12-31 | ₩192.05 Billion | -5.17% |
| 2014-12-31 | ₩202.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HARIM 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 40.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩14.17 Billion | 4.91% |
| Common Stock | ₩53.10 Billion | 18.42% |
| Other Components | ₩221.07 Billion | 76.67% |
| Total Equity | ₩288.34 Billion | 100.00% |
HARIM Co. Ltd Competitors by Market Cap
The table below lists competitors of HARIM Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northern Minerals Limited
PINK:NOURF
|
$94.09 Million |
|
Esso S.A.F.
PA:ES
|
$94.10 Million |
|
Japan System Techniques Co. Ltd.
PINK:JAPPF
|
$94.10 Million |
|
Yen Sun Technology
TWO:6275
|
$94.11 Million |
|
Bonny Worldwide Ltd
TW:8467
|
$94.02 Million |
|
Solteam Electronics Co Ltd
TWO:3484
|
$94.00 Million |
|
DADELO S.A. ZY -20
F:91N0
|
$93.96 Million |
|
MYFAIR GOLD CORP.
F:9M5
|
$93.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HARIM Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 307,750,716,780 to 288,340,924,000, a change of -19,409,792,780 (-6.3%).
- Net loss of 12,262,649,000 reduced equity.
- Dividend payments of 3,185,615,000 reduced retained earnings.
- Other factors decreased equity by 3,961,528,780.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-12.26 Billion | -4.25% |
| Dividends Paid | ₩3.19 Billion | -1.1% |
| Other Changes | ₩-3.96 Billion | -1.37% |
| Total Change | ₩- | -6.31% |
Book Value vs Market Value Analysis
This analysis compares HARIM 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: 1.16x
- 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 0.92x to 1.16x 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 | ₩3440.74 | ₩3155.00 | x |
| 2017-12-31 | ₩3551.00 | ₩3155.00 | x |
| 2018-12-31 | ₩3404.88 | ₩3155.00 | x |
| 2019-12-31 | ₩2924.60 | ₩3155.00 | x |
| 2020-12-31 | ₩2676.35 | ₩3155.00 | x |
| 2021-12-31 | ₩2802.85 | ₩3155.00 | x |
| 2022-12-31 | ₩2827.97 | ₩3155.00 | x |
| 2023-12-31 | ₩2898.19 | ₩3155.00 | x |
| 2024-12-31 | ₩2715.40 | ₩3155.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HARIM 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): -4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.01%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 2.89x
- Recent ROE (-4.25%) is below the historical average (0.12%), 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 | -2.45% | -0.66% | 1.40x | 2.66x | ₩-25.21 Billion |
| 2015 | -1.68% | -0.41% | 1.34x | 3.04x | ₩-22.43 Billion |
| 2016 | 9.16% | 2.38% | 1.74x | 2.20x | ₩-1.77 Billion |
| 2017 | 7.17% | 2.73% | 1.30x | 2.02x | ₩-8.75 Billion |
| 2018 | -4.13% | -1.49% | 1.00x | 2.78x | ₩-41.83 Billion |
| 2019 | -15.71% | -4.72% | 1.10x | 3.02x | ₩-65.37 Billion |
| 2020 | 2.85% | 0.90% | 1.12x | 2.84x | ₩-20.32 Billion |
| 2021 | 4.48% | 1.29% | 1.23x | 2.83x | ₩-16.42 Billion |
| 2022 | 1.67% | 0.43% | 1.28x | 3.03x | ₩-25.00 Billion |
| 2023 | 4.23% | 1.05% | 1.47x | 2.74x | ₩-17.74 Billion |
| 2024 | -4.25% | -1.01% | 1.45x | 2.89x | ₩-41.10 Billion |
Industry Comparison
This section compares HARIM Co. Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $347,104,538,814
- Average return on equity (ROE) among peers: 0.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HARIM Co. Ltd (136480) | ₩329.46 Billion | -2.45% | 1.59x | $94.04 Million |
| Daehan Flour Mills Co Ltd (001130) | $375.28 Billion | 10.46% | 0.58x | $93.34 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $257.43 Million |
| Korea Ind (002140) | $32.94 Billion | 8.67% | 1.46x | $23.78 Million |
| Choheung (002600) | $97.46 Billion | 4.71% | 0.21x | $16.25 Million |
| Sam Yang Foods (003230) | $42.45 Billion | 0.00% | 5.78x | $2.87 Billion |
| Daejoo Inc (003310) | $47.85 Billion | 2.88% | 0.66x | $61.66 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $11.05 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $113.23 Million |
| Namyang Dairy Products Co Ltd Peffered Series 1 (003925) | $823.93 Billion | 0.02% | 0.17x | $94.50 Million |
| Sajodaerim (003960) | $316.31 Billion | 3.14% | 1.28x | $46.36 Million |