HMCIB SPAC 3 (226340) - Net Assets

Latest as of September 2024: ₩59.88 Billion KRW ≈ $40.58 Million USD

Based on the latest financial reports, HMCIB SPAC 3 (226340) has net assets worth ₩59.88 Billion KRW (≈ $40.58 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩89.61 Billion ≈ $60.73 Million USD) and total liabilities (₩29.73 Billion ≈ $20.15 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. Also explore 226340 asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩59.88 Billion
% of Total Assets 66.83%
Annual Growth Rate 15.7%
5-Year Change 17.32%
10-Year Change N/A
Growth Volatility 37.43

HMCIB SPAC 3 - Net Assets Trend (2015–2023)

This chart illustrates how HMCIB SPAC 3's net assets have evolved over time, based on quarterly financial data. Check 226340 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for HMCIB SPAC 3 (2015–2023)

The table below shows the annual net assets of HMCIB SPAC 3 from 2015 to 2023. For live valuation and market cap data, see 226340 company net worth.

Year Net Assets Change
2023-12-31 ₩39.84 Billion
≈ $27.00 Million		 +55.43%
2022-12-31 ₩25.63 Billion
≈ $17.37 Million		 +14.39%
2021-12-31 ₩22.41 Billion
≈ $15.18 Million		 -31.11%
2020-12-31 ₩32.52 Billion
≈ $22.04 Million		 -4.21%
2019-12-31 ₩33.96 Billion
≈ $23.01 Million		 +36.90%
2018-12-31 ₩24.80 Billion
≈ $16.81 Million		 +95.70%
2017-12-31 ₩12.67 Billion
≈ $8.59 Million		 +0.93%
2016-12-31 ₩12.56 Billion
≈ $8.51 Million		 +1.24%
2015-12-31 ₩12.40 Billion
≈ $8.41 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to HMCIB SPAC 3'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 631167046000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings ₩6.13 Billion 17.48%
Other Components ₩28.94 Billion 82.52%
Total Equity ₩35.07 Billion 100.00%

HMCIB SPAC 3 Competitors by Market Cap

The table below lists competitors of HMCIB SPAC 3 ranked by their market capitalization.

Company Market Cap
Tadmax Resources Berhad
KLSE:4022
 $48.90 Million
Mangalam Organics Limited
NSE:MANORG
 $48.94 Million
Lument Finance Trust Inc
NYSE:LFT
 $48.96 Million
Senheng New Retail Bhd
KLSE:5305
 $48.96 Million
Webus International Limited Ordinary Shares
NASDAQ:WETO
 $48.90 Million
Bilici Yatirim Sanayi ve Ticaret AS
IS:BLCYT
 $48.87 Million
Havanna Holding SA
BA:HAVA
 $48.86 Million
Korea New Network Co. Ltd
KQ:058400
 $48.82 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in HMCIB SPAC 3's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 25,629,866,860 to 35,069,361,780, a change of 9,439,494,920 (36.8%).
  • Net loss of 724,788,800 reduced equity.
  • Share repurchases of 1,199,660,000 reduced equity.
  • Other factors increased equity by 11,363,943,720.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income ₩-724.79 Million -2.07%
Share Repurchases ₩1.20 Billion -3.42%
Other Changes ₩11.36 Billion +32.4%
Total Change ₩- 36.83%

Book Value vs Market Value Analysis

This analysis compares HMCIB SPAC 3'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: 1.73x
  • 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 0.89x to 1.73x 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 ₩1931.88 ₩1720.00 x
2017-12-31 ₩1949.88 ₩1720.00 x
2018-12-31 ₩852.43 ₩1720.00 x
2019-12-31 ₩1106.07 ₩1720.00 x
2020-12-31 ₩1059.45 ₩1720.00 x
2021-12-31 ₩729.84 ₩1720.00 x
2022-12-31 ₩834.86 ₩1720.00 x
2023-12-31 ₩995.98 ₩1720.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently HMCIB SPAC 3 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): -2.07%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.99%
  • • Asset Turnover: 0.83x
  • • Equity Multiplier: 2.49x
  • Recent ROE (-2.07%) is below the historical average (-0.13%), 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 -1.47% 0.00% 0.00x 1.07x ₩-1.42 Billion
2016 1.23% 0.00% 0.00x 1.07x ₩-1.10 Billion
2017 0.92% 0.49% 1.73x 1.08x ₩-1.15 Billion
2018 1.26% 1.07% 0.85x 1.38x ₩-2.17 Billion
2019 14.83% 10.71% 1.14x 1.21x ₩1.64 Billion
2020 -5.91% -5.34% 0.66x 1.67x ₩-5.18 Billion
2021 -17.76% -7.39% 0.64x 3.73x ₩-6.22 Billion
2022 7.80% 3.29% 0.72x 3.30x ₩-564.56 Million
2023 -2.07% -0.99% 0.83x 2.49x ₩-4.23 Billion

Industry Comparison

This section compares HMCIB SPAC 3's net assets metrics with peer companies in the Household & Personal Products industry.

Industry Context

  • Industry: Household & Personal Products
  • Average net assets among peers: $1,037,196,676,361
  • Average return on equity (ROE) among peers: 2.26%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
HMCIB SPAC 3 (226340) ₩59.88 Billion -1.47% 0.50x $48.90 Million
Amore Group (002790) $3.91 Trillion 3.82% 0.26x $1.24 Billion
Amorepacific Group (002795) $5.57 Trillion 6.15% 0.27x $95.60 Million
Hankook Cosmetics Manufacturing Co Ltd (003350) $50.29 Billion 6.60% 0.43x $95.69 Million
Daelim Trading (006570) $110.74 Billion -3.92% 1.07x $22.87 Million
Monalisa (012690) $80.70 Billion 1.54% 0.20x $33.35 Million
Medience Co. LTD (014100) $41.60 Billion 6.47% 1.35x $13.36 Million
Leaders Cosmetics Co. Ltd (016100) $55.72 Billion -7.11% 0.92x $13.57 Million
Aekyung Industrial Co Ltd (018250) $358.97 Billion 4.61% 0.34x $193.43 Million
Kolmar Holding (024720) $197.63 Billion 4.44% 0.42x $198.95 Million
Jayjun Co Ltd (025620) $504.38 Million 0.00% 130.83x $33.54 Million

About HMCIB SPAC 3

KQ:226340 Korea Household & Personal Products
Market Cap
$48.90 Million
₩72.16 Billion KRW
Market Cap Rank
#21988 Global
#1316 in Korea
Share Price
₩1720.00
Change (1 day)
-0.75%
52-Week Range
₩1699.00 - ₩1875.00
All Time High
₩6560.00
Categories
Companies in Korea Household & Personal Products
About

Bonne Co., Ltd. develops and supplies cosmetics in South Korea. The company offers skin care products, including whitening, wrinkle and pimple treatment, stem-cell peptide, and nano peptide products; and sun care products comprising fluids, creams, emulsions, etc. It also provides hair and body care products; makeup products, such as foundation, powder, compact, loose powder, BB cream, eye liner,… Read more