Hana Materials Inc
Hana Materials Inc. manufactures and sells silicon electrodes and rings in South Korea. The company offers silicon ceramic parts, ingots, and other parts. It also develops, produces, and sells secondary battery materials. In addition, the company offers integrated system solutions. The company was formerly known as Hana Silicon Co., Ltd. and changed its name to Hana Materials Inc. in May 2013. Ha… Read more
Hana Materials Inc (166090) - Net Assets
Latest net assets as of September 2025: ₩426.66 Billion KRW
Based on the latest financial reports, Hana Materials Inc (166090) has net assets worth ₩426.66 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 (₩634.36 Billion) and total liabilities (₩207.70 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 | ₩426.66 Billion |
| % of Total Assets | 67.26% |
| Annual Growth Rate | 30.63% |
| 5-Year Change | 88.12% |
| 10-Year Change | N/A |
| Growth Volatility | 30.95 |
Hana Materials Inc - Net Assets Trend (2016–2024)
This chart illustrates how Hana Materials Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hana Materials Inc (2016–2024)
The table below shows the annual net assets of Hana Materials Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩353.78 Billion | -11.49% |
| 2023-12-31 | ₩399.69 Billion | +34.32% |
| 2022-12-31 | ₩297.57 Billion | +15.80% |
| 2021-12-31 | ₩256.98 Billion | +36.64% |
| 2020-12-31 | ₩188.06 Billion | +29.31% |
| 2019-12-31 | ₩145.43 Billion | +21.55% |
| 2018-12-31 | ₩119.65 Billion | +39.86% |
| 2017-12-31 | ₩85.55 Billion | +105.04% |
| 2016-12-31 | ₩41.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hana Materials Inc'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 1055.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩315.57 Billion | 89.20% |
| Common Stock | ₩9.89 Billion | 2.80% |
| Other Components | ₩28.33 Billion | 8.01% |
| Total Equity | ₩353.78 Billion | 100.00% |
Hana Materials Inc Competitors by Market Cap
The table below lists competitors of Hana Materials Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fiverr International Ltd
NYSE:FVRR
|
$327.72 Million |
|
Guangdong Wanlima Industry Co Ltd
SHE:300591
|
$327.74 Million |
|
INDEX PHARM. AB AK B O.N.
F:1NP
|
$327.80 Million |
|
China Western Power Industrial Co Ltd
SHE:002630
|
$327.82 Million |
|
Bonheur
OL:BONHR
|
$327.67 Million |
|
Lion Travel Service Co Ltd
TW:2731
|
$327.63 Million |
|
Weltrend Semiconductor Inc
TW:2436
|
$327.25 Million |
|
Omnijoi Media Corp
SHE:300528
|
$327.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hana Materials Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 399,694,212,940 to 353,781,902,890, a change of -45,912,310,050 (-11.5%).
- Net income of 31,756,594,800 contributed positively to equity growth.
- Dividend payments of 3,904,080,400 reduced retained earnings.
- Share repurchases of 1,660,084,250 reduced equity.
- New share issuances of 446,825,000 increased equity.
- Other factors decreased equity by 72,551,565,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩31.76 Billion | +8.98% |
| Dividends Paid | ₩3.90 Billion | -1.1% |
| Share Repurchases | ₩1.66 Billion | -0.47% |
| Share Issuances | ₩446.82 Million | +0.13% |
| Other Changes | ₩-72.55 Billion | -20.51% |
| Total Change | ₩- | -11.49% |
Book Value vs Market Value Analysis
This analysis compares Hana Materials Inc'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: 3.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 22.21x to 3.42x 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 | ₩2795.96 | ₩62100.00 | x |
| 2017-12-31 | ₩4514.62 | ₩62100.00 | x |
| 2018-12-31 | ₩6226.63 | ₩62100.00 | x |
| 2019-12-31 | ₩7482.03 | ₩62100.00 | x |
| 2020-12-31 | ₩9690.62 | ₩62100.00 | x |
| 2021-12-31 | ₩13166.86 | ₩62100.00 | x |
| 2022-12-31 | ₩15244.17 | ₩62100.00 | x |
| 2023-12-31 | ₩20475.72 | ₩62100.00 | x |
| 2024-12-31 | ₩18153.88 | ₩62100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hana Materials Inc 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): 8.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.62%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.62x
- Recent ROE (8.98%) is below the historical average (20.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.64% | 14.74% | 0.84x | 1.74x | ₩4.86 Billion |
| 2017 | 22.73% | 18.90% | 0.76x | 1.58x | ₩10.89 Billion |
| 2018 | 30.29% | 21.94% | 0.66x | 2.08x | ₩24.28 Billion |
| 2019 | 19.01% | 17.86% | 0.52x | 2.03x | ₩13.11 Billion |
| 2020 | 20.23% | 18.96% | 0.57x | 1.87x | ₩19.24 Billion |
| 2021 | 25.94% | 24.59% | 0.61x | 1.73x | ₩40.97 Billion |
| 2022 | 26.93% | 26.08% | 0.64x | 1.61x | ₩50.38 Billion |
| 2023 | 8.55% | 14.64% | 0.35x | 1.68x | ₩-5.78 Billion |
| 2024 | 8.98% | 12.62% | 0.44x | 1.62x | ₩-3.62 Billion |
Industry Comparison
This section compares Hana Materials Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $117,407,846,986
- Average return on equity (ROE) among peers: 1.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hana Materials Inc (166090) | ₩426.66 Billion | 21.64% | 0.49x | $327.68 Million |
| D I Corp (003160) | $107.48 Billion | 1.55% | 0.75x | $435.45 Million |
| Samick Thk (004380) | $97.62 Billion | 17.55% | 2.04x | $42.11 Million |
| PSMC CO. Ltd (024850) | $19.69 Billion | 3.04% | 0.85x | $196.26 Million |
| Mirae Corporation (025560) | $60.62 Billion | -22.53% | 0.39x | $27.50 Million |
| MK Electron Co. Ltd (033160) | $90.84 Billion | 8.51% | 2.05x | $135.41 Million |
| Signetics Corporation (033170) | $117.94 Billion | -13.08% | 0.30x | $27.27 Million |
| Nepes Corporation (033640) | $116.59 Billion | 0.00% | 2.39x | $191.67 Million |
| EO Technics Co. Ltd (039030) | $317.59 Billion | 6.02% | 0.29x | $2.32 Billion |
| STI Co. Ltd (039440) | $39.55 Billion | 13.20% | 0.93x | $230.89 Million |
| Hanmi Semicon (042700) | $206.17 Billion | 4.61% | 0.38x | $8.55 Billion |