Hana Financial 7 SPAC
HFR, Inc. provides digital infrastructure solutions for telco/enterprise markets in the field of wired and wireless access in South Korea. The company offers mobile access solutions, such as flexi-haul WDM xHaul, semi-passive WDM xHaul, packet xHaul, distributed antenna systems, and carrier ethernet switches. It also provides broadband access solutions, including FTTH, FTTB+LAN, and FTTB+G soluti… Read more
Hana Financial 7 SPAC (230240) - Net Assets
Latest net assets as of September 2025: ₩165.35 Billion KRW
Based on the latest financial reports, Hana Financial 7 SPAC (230240) has net assets worth ₩165.35 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 (₩283.95 Billion) and total liabilities (₩118.60 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 | ₩165.35 Billion |
| % of Total Assets | 58.23% |
| Annual Growth Rate | 30.12% |
| 5-Year Change | 114.71% |
| 10-Year Change | N/A |
| Growth Volatility | 132.37 |
Hana Financial 7 SPAC - Net Assets Trend (2015–2024)
This chart illustrates how Hana Financial 7 SPAC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hana Financial 7 SPAC (2015–2024)
The table below shows the annual net assets of Hana Financial 7 SPAC from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩158.81 Billion | -7.29% |
| 2023-12-31 | ₩171.30 Billion | -3.42% |
| 2022-12-31 | ₩177.37 Billion | +91.89% |
| 2021-12-31 | ₩92.43 Billion | +24.96% |
| 2020-12-31 | ₩73.97 Billion | -9.39% |
| 2019-12-31 | ₩81.63 Billion | +2.99% |
| 2018-12-31 | ₩79.26 Billion | +423.20% |
| 2017-12-31 | ₩15.15 Billion | +0.98% |
| 2016-12-31 | ₩15.00 Billion | +1.04% |
| 2015-12-31 | ₩14.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hana Financial 7 SPAC'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 1757350.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩87.93 Billion | 56.34% |
| Common Stock | ₩6.74 Billion | 4.32% |
| Other Components | ₩61.41 Billion | 39.34% |
| Total Equity | ₩156.09 Billion | 100.00% |
Hana Financial 7 SPAC Competitors by Market Cap
The table below lists competitors of Hana Financial 7 SPAC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fukui Computer HoldingsInc
PINK:FKCIF
|
$153.54 Million |
|
Mega-info Media Co.Ltd.
SHE:301102
|
$153.55 Million |
|
Washington Real Estate Investment Trust
F:WRI
|
$153.56 Million |
|
Newbury Street II Acquisition Corp Class A Ordinary Shares
NASDAQ:NTWO
|
$153.59 Million |
|
Limak Dogu Anadolu Cimento San As
IS:LMKDC
|
$153.46 Million |
|
PLAIDInc
PINK:PLDIF
|
$153.43 Million |
|
Keck Seng Malaysia Bhd
KLSE:3476
|
$153.43 Million |
|
T&L Co. Ltd
KQ:340570
|
$153.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hana Financial 7 SPAC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 171,303,625,270 to 156,087,180,960, a change of -15,216,444,310 (-8.9%).
- Net loss of 18,558,787,420 reduced equity.
- Dividend payments of 2,887,230,280 reduced retained earnings.
- Share repurchases of 980,387,810 reduced equity.
- Other factors increased equity by 7,209,961,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-18.56 Billion | -11.89% |
| Dividends Paid | ₩2.89 Billion | -1.85% |
| Share Repurchases | ₩980.39 Million | -0.63% |
| Other Changes | ₩7.21 Billion | +4.62% |
| Total Change | ₩- | -8.88% |
Book Value vs Market Value Analysis
This analysis compares Hana Financial 7 SPAC'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: 2.14x
- 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 2.74x to 2.14x 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 | ₩9293.92 | ₩25500.00 | x |
| 2017-12-31 | ₩9385.07 | ₩25500.00 | x |
| 2018-12-31 | ₩6668.13 | ₩25500.00 | x |
| 2019-12-31 | ₩6753.66 | ₩25500.00 | x |
| 2020-12-31 | ₩5742.49 | ₩25500.00 | x |
| 2021-12-31 | ₩7175.91 | ₩25500.00 | x |
| 2022-12-31 | ₩13150.45 | ₩25500.00 | x |
| 2023-12-31 | ₩13052.93 | ₩25500.00 | x |
| 2024-12-31 | ₩11893.47 | ₩25500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hana Financial 7 SPAC 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): -11.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.81%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.74x
- Recent ROE (-11.89%) is below the historical average (1.23%), 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 | 0.03% | 0.00% | 0.00x | 1.06x | ₩-1.48 Billion |
| 2016 | 1.03% | 0.00% | 0.00x | 1.06x | ₩-1.35 Billion |
| 2017 | 0.97% | 0.11% | 8.11x | 1.06x | ₩-1.37 Billion |
| 2018 | -1.18% | -0.69% | 1.05x | 1.62x | ₩-8.86 Billion |
| 2019 | 1.27% | 0.66% | 1.15x | 1.67x | ₩-7.13 Billion |
| 2020 | -37.59% | -30.20% | 0.64x | 1.93x | ₩-35.20 Billion |
| 2021 | 20.08% | 8.99% | 0.95x | 2.35x | ₩9.31 Billion |
| 2022 | 38.50% | 18.64% | 1.18x | 1.75x | ₩50.56 Billion |
| 2023 | 1.08% | 1.12% | 0.61x | 1.56x | ₩-15.29 Billion |
| 2024 | -11.89% | -11.81% | 0.58x | 1.74x | ₩-34.17 Billion |
Industry Comparison
This section compares Hana Financial 7 SPAC's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $173,932,593,946
- Average return on equity (ROE) among peers: -3.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hana Financial 7 SPAC (230240) | ₩165.35 Billion | 0.03% | 0.72x | $153.52 Million |
| Gaon Cable (000500) | $331.01 Billion | 5.41% | 1.42x | $211.74 Million |
| Huneed Tech (005870) | $78.72 Billion | 1.48% | 1.08x | $37.01 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $74.40 Billion | -36.66% | 1.12x | $166.79 Million |
| Humax Holdings Co. Ltd (028080) | $494.41 Billion | 1.66% | 0.79x | $4.37 Million |
| Comtec Sys (031820) | $206.97 Billion | 1.91% | 1.54x | $45.97 Million |
| KMW Inc. (032500) | $240.29 Billion | -11.11% | 0.44x | $511.46 Million |
| Insung Information Co. Ltd (033230) | $47.46 Billion | 5.50% | 1.41x | $42.22 Million |
| Bluecom Co. Ltd (033560) | $157.47 Billion | -1.74% | 0.11x | $16.95 Million |
| Kisan Telecom Co. Ltd (035460) | $38.51 Billion | 6.45% | 1.03x | $16.25 Million |
| Samji Electronics Co. Ltd (037460) | $70.08 Billion | -3.58% | 0.35x | $115.55 Million |