Hecto Innovation Co. Ltd. (214180) - Net Assets
Based on the latest financial reports, Hecto Innovation Co. Ltd. (214180) has net assets worth ₩359.28 Billion KRW (≈ $243.48 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 (₩755.41 Billion ≈ $511.93 Million USD) and total liabilities (₩396.13 Billion ≈ $268.45 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 Hecto Innovation Co. Ltd. (214180) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩359.28 Billion |
| % of Total Assets | 47.56% |
| Annual Growth Rate | 24.17% |
| 5-Year Change | 155.01% |
| 10-Year Change | N/A |
| Growth Volatility | 34.22 |
Hecto Innovation Co. Ltd. - Net Assets Trend (2015–2024)
This chart illustrates how Hecto Innovation Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 214180 asset base for the complete picture of this company's asset base.
Annual Net Assets for Hecto Innovation Co. Ltd. (2015–2024)
The table below shows the annual net assets of Hecto Innovation Co. Ltd. from 2015 to 2024. For live valuation and market cap data, see Hecto Innovation Co. Ltd. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩329.72 Billion ≈ $223.45 Million |
+11.84% |
| 2023-12-31 | ₩294.80 Billion ≈ $199.78 Million |
+110.51% |
| 2022-12-31 | ₩140.04 Billion ≈ $94.91 Million |
+2.84% |
| 2021-12-31 | ₩136.17 Billion ≈ $92.28 Million |
+5.32% |
| 2020-12-31 | ₩129.30 Billion ≈ $87.62 Million |
+2.23% |
| 2019-12-31 | ₩126.48 Billion ≈ $85.71 Million |
+24.37% |
| 2018-12-31 | ₩101.69 Billion ≈ $68.91 Million |
+8.59% |
| 2017-12-31 | ₩93.64 Billion ≈ $63.46 Million |
+22.25% |
| 2016-12-31 | ₩76.60 Billion ≈ $51.91 Million |
+63.14% |
| 2015-12-31 | ₩46.95 Billion ≈ $31.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hecto Innovation 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 780.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩170.29 Billion | 82.20% |
| Other Components | ₩36.88 Billion | 17.80% |
| Total Equity | ₩207.17 Billion | 100.00% |
Hecto Innovation Co. Ltd. Competitors by Market Cap
The table below lists competitors of Hecto Innovation Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kung Sing Engineering Corp
TW:5521
|
$176.03 Million |
|
C. Mer Industries Ltd
TA:CMER
|
$176.22 Million |
|
KVH Industries Inc
NASDAQ:KVHI
|
$176.36 Million |
|
Twelve Seas Investment Co II
NASDAQ:TWLV
|
$176.39 Million |
|
Al-Bad Massuot Yitzhak Ltd
TA:ALBA
|
$175.98 Million |
|
Rich Development Co Ltd
TWO:5512
|
$175.95 Million |
|
Newmax Technology Co Ltd
TWO:3630
|
$175.95 Million |
|
ICP DAS Co Ltd
TWO:3577
|
$175.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hecto Innovation Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,458,006,830 to 207,165,059,660, a change of 38,707,052,830 (23.0%).
- Net income of 27,903,667,100 contributed positively to equity growth.
- Dividend payments of 5,809,686,330 reduced retained earnings.
- Share repurchases of 2,000,000 reduced equity.
- Other factors increased equity by 16,615,072,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩27.90 Billion | +13.47% |
| Dividends Paid | ₩5.81 Billion | -2.8% |
| Share Repurchases | ₩2.00 Million | -0.0% |
| Other Changes | ₩16.62 Billion | +8.02% |
| Total Change | ₩- | 22.98% |
Book Value vs Market Value Analysis
This analysis compares Hecto Innovation 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.29x to 1.23x 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 | ₩6265.49 | ₩20600.00 | x |
| 2017-12-31 | ₩6947.74 | ₩20600.00 | x |
| 2018-12-31 | ₩7606.76 | ₩20600.00 | x |
| 2019-12-31 | ₩9491.46 | ₩20600.00 | x |
| 2020-12-31 | ₩10633.28 | ₩20600.00 | x |
| 2021-12-31 | ₩10397.27 | ₩20600.00 | x |
| 2022-12-31 | ₩10866.88 | ₩20600.00 | x |
| 2023-12-31 | ₩13612.29 | ₩20600.00 | x |
| 2024-12-31 | ₩16738.26 | ₩20600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hecto Innovation 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): 13.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.73%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.34x
- Recent ROE (13.47%) is below the historical average (15.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 18.75% | 33.06% | 0.52x | 1.08x | ₩4.11 Billion |
| 2016 | 13.94% | 26.24% | 0.25x | 2.09x | ₩3.02 Billion |
| 2017 | 15.48% | 18.01% | 0.38x | 2.28x | ₩5.13 Billion |
| 2018 | 14.21% | 13.46% | 0.46x | 2.29x | ₩4.28 Billion |
| 2019 | 14.17% | 14.48% | 0.41x | 2.38x | ₩5.27 Billion |
| 2020 | 15.72% | 11.89% | 0.47x | 2.80x | ₩7.40 Billion |
| 2021 | 15.49% | 9.54% | 0.49x | 3.33x | ₩7.48 Billion |
| 2022 | 21.03% | 11.20% | 0.50x | 3.76x | ₩15.45 Billion |
| 2023 | 13.53% | 7.90% | 0.50x | 3.42x | ₩5.95 Billion |
| 2024 | 13.47% | 8.73% | 0.46x | 3.34x | ₩7.19 Billion |
Industry Comparison
This section compares Hecto Innovation Co. Ltd.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $120,939,435,865
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hecto Innovation Co. Ltd. (214180) | ₩359.28 Billion | 18.75% | 1.10x | $176.03 Million |
| Kginicis Co.Ltd (035600) | $358.53 Billion | 13.42% | 2.99x | $206.55 Million |
| Nice Information & Telecommunication Inc (036800) | $230.05 Billion | 13.09% | 1.79x | $166.06 Million |
| Cafe24 Corp (042000) | $8.78 Billion | -14.49% | 4.23x | $411.27 Million |
| AhnLab Inc (053800) | $140.72 Billion | 9.98% | 0.31x | $407.95 Million |
| NHN KCP Corp (060250) | $223.62 Billion | 15.78% | 1.33x | $502.25 Million |
| Danal Co. Ltd (064260) | $84.32 Billion | 3.53% | 2.39x | $331.79 Million |
| nTels Co. Ltd (069410) | $49.08 Billion | 15.01% | 0.23x | $31.62 Million |
| Plantynet Co. Ltd (075130) | $67.24 Billion | -2.32% | 0.36x | $26.41 Million |
| Secuve Co. Ltd (131090) | $21.95 Billion | 6.73% | 0.35x | $21.78 Million |
| FASOO.COM Co Ltd (150900) | $25.10 Billion | 8.68% | 0.31x | $43.41 Million |
About Hecto Innovation Co. Ltd.
Hecto Innovation Co., Ltd. operates as an IT platform company in the field of information security primarily in Korea. The company offers mobile phone number theft prevention services; Login Plus, a personal information management service; Simple Payment Manager, an ID/PW management solution; and stock investment notes. It provides Health Keeper, a service that checks and manages insurance/health… Read more