Hyungkuk F&B Co Ltd (189980) - Net Assets
Based on the latest financial reports, Hyungkuk F&B Co Ltd (189980) has net assets worth ₩97.24 Billion KRW (≈ $65.90 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 (₩231.33 Billion ≈ $156.77 Million USD) and total liabilities (₩134.09 Billion ≈ $90.87 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 Hyungkuk F&B Co Ltd (189980) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩97.24 Billion |
| % of Total Assets | 42.03% |
| Annual Growth Rate | 13.88% |
| 5-Year Change | 41.32% |
| 10-Year Change | 51.69% |
| Growth Volatility | 41.76 |
Hyungkuk F&B Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Hyungkuk F&B Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hyungkuk F&B Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Hyungkuk F&B Co Ltd (2014–2024)
The table below shows the annual net assets of Hyungkuk F&B Co Ltd from 2014 to 2024. For live valuation and market cap data, see Hyungkuk F&B Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩97.12 Billion ≈ $65.82 Million |
-1.86% |
| 2023-12-31 | ₩98.96 Billion ≈ $67.06 Million |
+11.42% |
| 2022-12-31 | ₩88.82 Billion ≈ $60.19 Million |
+14.94% |
| 2021-12-31 | ₩77.28 Billion ≈ $52.37 Million |
+12.45% |
| 2020-12-31 | ₩68.72 Billion ≈ $46.57 Million |
+7.27% |
| 2019-12-31 | ₩64.07 Billion ≈ $43.42 Million |
+7.25% |
| 2018-12-31 | ₩59.73 Billion ≈ $40.48 Million |
+4.05% |
| 2017-12-31 | ₩57.41 Billion ≈ $38.91 Million |
+3.51% |
| 2016-12-31 | ₩55.46 Billion ≈ $37.59 Million |
-13.37% |
| 2015-12-31 | ₩64.03 Billion ≈ $43.39 Million |
+141.89% |
| 2014-12-31 | ₩26.47 Billion ≈ $17.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hyungkuk F&B 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 287.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩77.57 Billion | 82.07% |
| Common Stock | ₩4.01 Billion | 4.25% |
| Other Components | ₩12.93 Billion | 13.68% |
| Total Equity | ₩94.51 Billion | 100.00% |
Hyungkuk F&B Co Ltd Competitors by Market Cap
The table below lists competitors of Hyungkuk F&B Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arrow Syndicate Public Company Limited
BK:ARROW
|
$42.44 Million |
|
DESWELL INDS INC. DL-01
F:DW2
|
$42.45 Million |
|
Haranga Resources Ltd
AU:HAR
|
$42.47 Million |
|
Foresta Group Holdings Ltd
AU:FGH
|
$42.47 Million |
|
Sentien Printing Factory Co Ltd
TWO:8410
|
$42.42 Million |
|
Chih Lien Industrial Co Ltd
TW:2024
|
$42.39 Million |
|
Unique Optical Industrial Co Ltd
TWO:3441
|
$42.39 Million |
|
M K Land Holdings Bhd
KLSE:8893
|
$42.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyungkuk F&B Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 94,756,552,780 to 94,513,754,430, a change of -242,798,350 (-0.3%).
- Net income of 5,128,728,870 contributed positively to equity growth.
- Dividend payments of 1,547,729,880 reduced retained earnings.
- Other factors decreased equity by 3,823,797,340.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.13 Billion | +5.43% |
| Dividends Paid | ₩1.55 Billion | -1.64% |
| Other Changes | ₩-3.82 Billion | -4.05% |
| Total Change | ₩- | -0.26% |
Book Value vs Market Value Analysis
This analysis compares Hyungkuk F&B 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: 0.66x
- 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 1.02x to 0.66x 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 | ₩1579.58 | ₩1618.00 | x |
| 2017-12-31 | ₩1635.06 | ₩1618.00 | x |
| 2018-12-31 | ₩1701.23 | ₩1618.00 | x |
| 2019-12-31 | ₩1824.64 | ₩1618.00 | x |
| 2020-12-31 | ₩1867.88 | ₩1618.00 | x |
| 2021-12-31 | ₩2004.43 | ₩1618.00 | x |
| 2022-12-31 | ₩2295.49 | ₩1618.00 | x |
| 2023-12-31 | ₩2448.92 | ₩1618.00 | x |
| 2024-12-31 | ₩2442.64 | ₩1618.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyungkuk F&B 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): 5.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.00%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.34x
- Recent ROE (5.43%) is below the historical average (9.18%), 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 | 25.18% | 17.46% | 0.85x | 1.69x | ₩3.69 Billion |
| 2015 | 10.31% | 16.66% | 0.53x | 1.17x | ₩200.32 Million |
| 2016 | 6.04% | 8.09% | 0.62x | 1.21x | ₩-2.20 Billion |
| 2017 | 4.56% | 5.83% | 0.64x | 1.22x | ₩-3.12 Billion |
| 2018 | 4.62% | 5.79% | 0.58x | 1.37x | ₩-3.21 Billion |
| 2019 | 8.28% | 9.86% | 0.60x | 1.39x | ₩-1.10 Billion |
| 2020 | 5.91% | 8.06% | 0.54x | 1.35x | ₩-2.81 Billion |
| 2021 | 8.20% | 8.86% | 0.54x | 1.71x | ₩-1.39 Billion |
| 2022 | 13.44% | 12.28% | 0.46x | 2.37x | ₩3.06 Billion |
| 2023 | 9.02% | 8.46% | 0.48x | 2.24x | ₩-925.57 Million |
| 2024 | 5.43% | 5.00% | 0.46x | 2.34x | ₩-4.32 Billion |
Industry Comparison
This section compares Hyungkuk F&B Co Ltd's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $1,568,565,756,765
- Average return on equity (ROE) among peers: 6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyungkuk F&B Co Ltd (189980) | ₩97.24 Billion | 25.18% | 1.38x | $42.43 Million |
| Lotte Chilsung Beverage (005300) | $1.60 Trillion | 2.95% | 1.68x | $794.82 Million |
| Lotte Chilsung Beverage Co Ltd (005305) | $1.54 Trillion | 10.79% | 1.77x | $43.03 Million |
About Hyungkuk F&B Co Ltd
HYUNGKUK F&B Co., Ltd. engages in the manufacture and sale of foods and beverages in South Korea. It offers concentrates, smoothies, real base, powder, ice shavers, fruit juices, coffee, gelato, bakery products, and other products. HYUNGKUK F&B Co., Ltd. was founded in 2000 and is headquartered in Seoul, South Korea.