Hizeaero Co. Ltd
Hizeaero Co., Ltd. engages in the manufacture and sale of aerospace structures and systems for aerospace market in South Korea. It offers aerostructure assembly services; part fabrication services, such as equipment, machining, sheet metal, and surface treatment; and tooling services. The company was founded in 1999 and is based in Sacheon-si, South Korea.
Hizeaero Co. Ltd (221840) - Net Assets
Latest net assets as of September 2025: ₩41.63 Billion KRW
Based on the latest financial reports, Hizeaero Co. Ltd (221840) has net assets worth ₩41.63 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 (₩114.85 Billion) and total liabilities (₩73.23 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 | ₩41.63 Billion |
| % of Total Assets | 36.24% |
| Annual Growth Rate | -8.61% |
| 5-Year Change | -50.86% |
| 10-Year Change | N/A |
| Growth Volatility | 10.24 |
Hizeaero Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hizeaero 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 Hizeaero Co. Ltd (2016–2024)
The table below shows the annual net assets of Hizeaero Co. Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩36.84 Billion | -28.27% |
| 2023-12-31 | ₩51.36 Billion | -11.65% |
| 2022-12-31 | ₩58.13 Billion | -3.84% |
| 2021-12-31 | ₩60.45 Billion | -19.36% |
| 2020-12-31 | ₩74.97 Billion | -1.96% |
| 2019-12-31 | ₩76.47 Billion | +3.61% |
| 2018-12-31 | ₩73.80 Billion | +0.55% |
| 2017-12-31 | ₩73.40 Billion | -3.04% |
| 2016-12-31 | ₩75.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hizeaero 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 731.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩9.35 Billion | 25.38% |
| Other Components | ₩68.94 Billion | 187.15% |
| Total Equity | ₩36.84 Billion | 100.00% |
Hizeaero Co. Ltd Competitors by Market Cap
The table below lists competitors of Hizeaero Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Visi Media Asia Tbk
JK:VIVA
|
$20.28 Million |
|
Information and Communication Networks Public Company Limited
BK:ICN
|
$20.30 Million |
|
Smartiks Yazilim AS
IS:SMART
|
$20.31 Million |
|
Midland Exploration Inc
PINK:MIDLF
|
$20.31 Million |
|
POOLBEG PHARMA LS -0002
F:7JN
|
$20.27 Million |
|
Mirae Asset SPAC 4
KQ:222420
|
$20.26 Million |
|
Jourdeness Group Ltd
TW:4190
|
$20.26 Million |
|
Pampa Metals Corporation
OTCQB:PMMCF
|
$20.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hizeaero Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,592,154,140 to 36,838,037,590, a change of -11,754,116,550 (-24.2%).
- Net loss of 9,390,664,790 reduced equity.
- Dividend payments of 28,000,000 reduced retained earnings.
- Share repurchases of 500,000,000 reduced equity.
- Other factors decreased equity by 1,835,451,760.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-9.39 Billion | -25.49% |
| Dividends Paid | ₩28.00 Million | -0.08% |
| Share Repurchases | ₩500.00 Million | -1.36% |
| Other Changes | ₩-1.84 Billion | -4.98% |
| Total Change | ₩- | -24.19% |
Book Value vs Market Value Analysis
This analysis compares Hizeaero 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: 1.45x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.64x to 1.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩4441.58 | ₩2860.00 | x |
| 2017-12-31 | ₩4414.59 | ₩2860.00 | x |
| 2018-12-31 | ₩4438.79 | ₩2860.00 | x |
| 2019-12-31 | ₩4599.16 | ₩2860.00 | x |
| 2020-12-31 | ₩4385.11 | ₩2860.00 | x |
| 2021-12-31 | ₩3536.00 | ₩2860.00 | x |
| 2022-12-31 | ₩3108.42 | ₩2860.00 | x |
| 2023-12-31 | ₩2598.43 | ₩2860.00 | x |
| 2024-12-31 | ₩1969.89 | ₩2860.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hizeaero 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): -25.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.85%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 3.09x
- Recent ROE (-25.49%) is below the historical average (-10.51%), 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 | -4.31% | -9.92% | 0.26x | 1.68x | ₩-10.83 Billion |
| 2017 | 0.90% | 1.48% | 0.34x | 1.78x | ₩-6.68 Billion |
| 2018 | 1.15% | 1.64% | 0.40x | 1.77x | ₩-6.53 Billion |
| 2019 | 4.80% | 4.99% | 0.54x | 1.80x | ₩-3.97 Billion |
| 2020 | -5.17% | -7.32% | 0.36x | 1.95x | ₩-11.37 Billion |
| 2021 | -28.55% | -27.58% | 0.41x | 2.52x | ₩-23.30 Billion |
| 2022 | -21.32% | -21.09% | 0.43x | 2.35x | ₩-18.21 Billion |
| 2023 | -16.60% | -9.99% | 0.66x | 2.54x | ₩-12.93 Billion |
| 2024 | -25.49% | -10.85% | 0.76x | 3.09x | ₩-13.07 Billion |
Industry Comparison
This section compares Hizeaero Co. Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $70,774,934,293
- Average return on equity (ROE) among peers: -13.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hizeaero Co. Ltd (221840) | ₩41.63 Billion | -4.31% | 1.76x | $20.27 Million |
| Oriental Precision & Engineering Co.Ltd (014940) | $110.13 Billion | 23.66% | 0.96x | $122.46 Million |
| MEDICOX Co. Ltd (054180) | $62.24 Billion | -55.32% | 0.55x | $442.04K |
| Victek Co. Ltd (065450) | $31.96 Billion | 5.63% | 0.59x | $71.93 Million |
| SAMYUNG ENC Co. Ltd (065570) | $37.05 Billion | -112.73% | 1.16x | $3.25 Million |
| AeroSpace Technology of Korea (067390) | $57.81 Billion | 4.32% | 1.33x | $87.13 Million |
| Satrec Initiative Co. Ltd (099320) | $58.01 Billion | 8.01% | 0.34x | $421.09 Million |
| Inhwa Precision Co. Ltd (101930) | $189.62 Billion | 8.05% | 0.92x | $156.96 Million |
| Kencoa Aerospace Corporation (274090) | $33.68 Billion | -22.46% | 1.21x | $138.76 Million |
| ASTech Co., Ltd. (453860) | $56.47 Billion | 16.80% | 0.58x | $17.73 Million |