Hanjoo Light Metal Co., Ltd.
Hanjoo Light Metal Co., Ltd. manufactures and sells automobile parts. It offers EV components, lightweight components, engine components, and marine propulsion components. The company was formerly known as Hanjoo Metal Co., Ltd. and changed its name to Hanjoo Light Metal Co., Ltd. in January 1996. Hanjoo Light Metal Co., Ltd. was incorporated in 1987 and is headquartered in Ulsan, South Korea.
Hanjoo Light Metal Co., Ltd. (198940) - Net Assets
Latest net assets as of September 2025: ₩48.52 Billion KRW
Based on the latest financial reports, Hanjoo Light Metal Co., Ltd. (198940) has net assets worth ₩48.52 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 (₩214.36 Billion) and total liabilities (₩165.85 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 | ₩48.52 Billion |
| % of Total Assets | 22.63% |
| Annual Growth Rate | 10.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 15.82 |
Hanjoo Light Metal Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Hanjoo Light Metal 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 Hanjoo Light Metal Co., Ltd. (2021–2024)
The table below shows the annual net assets of Hanjoo Light Metal Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩48.46 Billion | +32.31% |
| 2023-12-31 | ₩36.63 Billion | -6.18% |
| 2022-12-31 | ₩39.04 Billion | +9.11% |
| 2021-12-31 | ₩35.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanjoo Light Metal 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 333.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩19.46 Billion | 40.16% |
| Other Components | ₩44.86 Billion | 92.57% |
| Total Equity | ₩48.46 Billion | 100.00% |
Hanjoo Light Metal Co., Ltd. Competitors by Market Cap
The table below lists competitors of Hanjoo Light Metal Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KDA Group Inc
V:KDA
|
$12.88 Million |
|
DELTA RES LTD
F:6GO1
|
$12.88 Million |
|
Morixe Hermanos SACI
BA:MORI
|
$12.89 Million |
|
Dacome International Ltd
TWO:9960
|
$12.89 Million |
|
Despec Bilgisayar Pazarlama ve Ticaret AS
IS:DESPC
|
$12.87 Million |
|
Marfin Investment Group Holdings S.A
AT:MIG
|
$12.87 Million |
|
Yoong Onn Corporation Bhd
KLSE:5159
|
$12.87 Million |
|
Bastogi S.p.A
F:BAOA
|
$12.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanjoo Light Metal Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,627,811,530 to 48,460,899,260, a change of 11,833,087,730 (32.3%).
- Net loss of 7,281,976,160 reduced equity.
- Share repurchases of 19,298,202,720 reduced equity.
- New share issuances of 19,303,224,000 increased equity.
- Other factors increased equity by 19,110,042,610.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-7.28 Billion | -15.03% |
| Share Repurchases | ₩19.30 Billion | -39.82% |
| Share Issuances | ₩19.30 Billion | +39.83% |
| Other Changes | ₩19.11 Billion | +39.43% |
| Total Change | ₩- | 32.31% |
Book Value vs Market Value Analysis
This analysis compares Hanjoo Light Metal 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: 0.58x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩1427.36 | ₩726.00 | x |
| 2023-12-31 | ₩1570.46 | ₩726.00 | x |
| 2024-12-31 | ₩1245.17 | ₩726.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanjoo Light Metal 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): -15.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.90%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 4.34x
- Recent ROE (-15.03%) is below the historical average (-11.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.27% | 2.13% | 1.19x | 4.46x | ₩453.07 Million |
| 2022 | 0.24% | 0.04% | 1.24x | 4.81x | ₩-3.81 Billion |
| 2023 | -41.82% | -6.93% | 1.13x | 5.33x | ₩-18.98 Billion |
| 2024 | -15.03% | -2.90% | 1.19x | 4.34x | ₩-12.13 Billion |
Industry Comparison
This section compares Hanjoo Light Metal Co., Ltd.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanjoo Light Metal Co., Ltd. (198940) | ₩48.52 Billion | 11.27% | 3.42x | $12.88 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |