Hyundai Industrial Co. Ltd (170030) - Net Assets
Based on the latest financial reports, Hyundai Industrial Co. Ltd (170030) has net assets worth ₩159.07 Billion KRW (≈ $107.80 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 (₩241.18 Billion ≈ $163.45 Million USD) and total liabilities (₩82.12 Billion ≈ $55.65 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 Hyundai Industrial Co. Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩159.07 Billion |
| % of Total Assets | 65.95% |
| Annual Growth Rate | 9.44% |
| 5-Year Change | 34.46% |
| 10-Year Change | 84.69% |
| Growth Volatility | 6.73 |
Hyundai Industrial Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Hyundai Industrial Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hyundai Industrial Co. Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Hyundai Industrial Co. Ltd (2013–2024)
The table below shows the annual net assets of Hyundai Industrial Co. Ltd from 2013 to 2024. For live valuation and market cap data, see 170030 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩152.76 Billion ≈ $103.52 Million |
+6.21% |
| 2023-12-31 | ₩143.83 Billion ≈ $97.47 Million |
+5.37% |
| 2022-12-31 | ₩136.50 Billion ≈ $92.50 Million |
+8.04% |
| 2021-12-31 | ₩126.34 Billion ≈ $85.62 Million |
+11.20% |
| 2020-12-31 | ₩113.61 Billion ≈ $76.99 Million |
+11.50% |
| 2019-12-31 | ₩101.89 Billion ≈ $69.05 Million |
+4.09% |
| 2018-12-31 | ₩97.89 Billion ≈ $66.34 Million |
+0.42% |
| 2017-12-31 | ₩97.47 Billion ≈ $66.06 Million |
+2.28% |
| 2016-12-31 | ₩95.31 Billion ≈ $64.59 Million |
+15.23% |
| 2015-12-31 | ₩82.71 Billion ≈ $56.05 Million |
+22.54% |
| 2014-12-31 | ₩67.50 Billion ≈ $45.74 Million |
+19.23% |
| 2013-12-31 | ₩56.61 Billion ≈ $38.37 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hyundai Industrial 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 199954.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩124.19 Billion | 81.30% |
| Common Stock | ₩7.67 Billion | 5.02% |
| Other Components | ₩20.89 Billion | 13.68% |
| Total Equity | ₩152.76 Billion | 100.00% |
Hyundai Industrial Co. Ltd Competitors by Market Cap
The table below lists competitors of Hyundai Industrial Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fiducial Office Solutions
PA:SACI
|
$58.14 Million |
|
Samho Dev
KO:010960
|
$58.15 Million |
|
MODISON LIMITED
NSE:MODISONLTD
|
$58.16 Million |
|
Harmoney Corp Ltd
AU:HMY
|
$58.17 Million |
|
Sheh Fung Screws Co Ltd
TWO:2065
|
$58.13 Million |
|
HRS Co. Ltd
KQ:036640
|
$58.13 Million |
|
Golden Energy Offshore Services AS
OL:GEOS
|
$58.11 Million |
|
Makmur Berkah Amanda Pt
JK:AMAN
|
$58.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyundai Industrial Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,827,879,620 to 152,758,061,110, a change of 8,930,181,490 (6.2%).
- Net income of 13,334,796,970 contributed positively to equity growth.
- Dividend payments of 3,014,578,800 reduced retained earnings.
- Share repurchases of 789,129,670 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩13.33 Billion | +8.73% |
| Dividends Paid | ₩3.01 Billion | -1.97% |
| Share Repurchases | ₩789.13 Million | -0.52% |
| Other Changes | ₩-600.91 Million | -0.39% |
| Total Change | ₩- | 6.21% |
Book Value vs Market Value Analysis
This analysis compares Hyundai Industrial 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: 0.56x
- 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 0.92x to 0.56x 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 | ₩6217.55 | ₩5740.00 | x |
| 2017-12-31 | ₩6445.68 | ₩5740.00 | x |
| 2018-12-31 | ₩6496.05 | ₩5740.00 | x |
| 2019-12-31 | ₩6761.87 | ₩5740.00 | x |
| 2020-12-31 | ₩7446.27 | ₩5740.00 | x |
| 2021-12-31 | ₩8333.58 | ₩5740.00 | x |
| 2022-12-31 | ₩9031.25 | ₩5740.00 | x |
| 2023-12-31 | ₩9542.15 | ₩5740.00 | x |
| 2024-12-31 | ₩10221.57 | ₩5740.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyundai Industrial 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): 8.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.08%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 1.46x
- Recent ROE (8.73%) is below the historical average (10.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 19.03% | 7.00% | 1.81x | 1.50x | ₩5.11 Billion |
| 2014 | 18.39% | 6.88% | 1.64x | 1.63x | ₩5.66 Billion |
| 2015 | 18.32% | 7.65% | 1.56x | 1.54x | ₩6.88 Billion |
| 2016 | 16.23% | 7.26% | 1.45x | 1.54x | ₩5.94 Billion |
| 2017 | 6.39% | 3.53% | 1.20x | 1.50x | ₩-3.52 Billion |
| 2018 | 1.04% | 0.64% | 1.15x | 1.41x | ₩-8.77 Billion |
| 2019 | 4.02% | 2.46% | 1.18x | 1.39x | ₩-6.09 Billion |
| 2020 | 9.80% | 5.30% | 1.29x | 1.44x | ₩-231.37 Million |
| 2021 | 9.98% | 5.06% | 1.40x | 1.41x | ₩-23.52 Million |
| 2022 | 8.35% | 4.09% | 1.35x | 1.51x | ₩-2.25 Billion |
| 2023 | 9.36% | 4.38% | 1.34x | 1.60x | ₩-923.01 Million |
| 2024 | 8.73% | 4.08% | 1.46x | 1.46x | ₩-1.94 Billion |
Industry Comparison
This section compares Hyundai Industrial Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $565,000,713,308
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyundai Industrial Co. Ltd (170030) | ₩159.07 Billion | 19.03% | 0.52x | $58.13 Million |
| Hankook Tire Worldwide (000240) | $1.77 Trillion | -1.14% | 2.04x | $1.60 Billion |
| Daewonkangup (000430) | $111.59 Billion | 3.26% | 1.76x | $183.40 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $15.16 Million |
| Dongkook Ind (001620) | $170.07 Billion | -12.97% | 2.34x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $42.65 Billion | 9.95% | 0.26x | $112.51 Million |
| Nexen Tire (002350) | $1.60 Trillion | 0.30% | 1.39x | $484.20 Million |
| Nexen Tire Prf 1 (002355) | $1.56 Trillion | 7.59% | 1.21x | $19.07 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $31.63 Million |
| Yoo Sung Ent (002920) | $289.11 Billion | 3.03% | 0.31x | $33.27 Million |
About Hyundai Industrial Co. Ltd
Hyundai Industrial Co., Ltd. manufactures and sells automotive seat components in South Korea and internationally. It offers seat pads, arm rests, head rests, and seat side pads, as well as back boards and shield covers. The company was founded in 1969 and is headquartered in Ulsan, South Korea.