Handok Clean Tech Co. Ltd (256150) - Net Assets
Based on the latest financial reports, Handok Clean Tech Co. Ltd (256150) has net assets worth ₩57.29 Billion KRW (≈ $38.83 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 (₩65.26 Billion ≈ $44.22 Million USD) and total liabilities (₩7.97 Billion ≈ $5.40 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 Handok Clean Tech Co. Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩57.29 Billion |
| % of Total Assets | 87.79% |
| Annual Growth Rate | 24.89% |
| 5-Year Change | 37.47% |
| 10-Year Change | N/A |
| Growth Volatility | 30.42 |
Handok Clean Tech Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Handok Clean Tech Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 256150 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Handok Clean Tech Co. Ltd (2017–2024)
The table below shows the annual net assets of Handok Clean Tech Co. Ltd from 2017 to 2024. For live valuation and market cap data, see market value of Handok Clean Tech Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩56.77 Billion ≈ $38.47 Million |
-0.44% |
| 2023-12-31 | ₩57.02 Billion ≈ $38.64 Million |
+6.64% |
| 2022-12-31 | ₩53.47 Billion ≈ $36.24 Million |
+3.37% |
| 2021-12-31 | ₩51.73 Billion ≈ $35.06 Million |
+25.26% |
| 2020-12-31 | ₩41.30 Billion ≈ $27.99 Million |
+32.47% |
| 2019-12-31 | ₩31.18 Billion ≈ $21.13 Million |
+95.48% |
| 2018-12-31 | ₩15.95 Billion ≈ $10.81 Million |
+33.17% |
| 2017-12-31 | ₩11.98 Billion ≈ $8.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Handok Clean Tech 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 234.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩40.74 Billion | 71.76% |
| Common Stock | ₩4.20 Billion | 7.39% |
| Other Components | ₩11.83 Billion | 20.84% |
| Total Equity | ₩56.77 Billion | 100.00% |
Handok Clean Tech Co. Ltd Competitors by Market Cap
The table below lists competitors of Handok Clean Tech Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TP ICAP Group PLC
LSE:TCAP
|
$28.51 Million |
|
Nacon Sa
PA:NACON
|
$28.52 Million |
|
Velocity Minerals Ltd
V:VLC
|
$28.53 Million |
|
Emyria Ltd
AU:EMD
|
$28.53 Million |
|
Reliance Communications Limited
NSE:RCOM
|
$28.49 Million |
|
Inhome Prime Properties SOCIMI S.A.
MC:YIPP
|
$28.48 Million |
|
EMB Mission Bound AB (publ)
ST:NAVIGO-STAM
|
$28.48 Million |
|
Chien Wei Precise Technology Co Ltd
TWO:8092
|
$28.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Handok Clean Tech Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,021,495,210 to 56,769,464,760, a change of -252,030,450 (-0.4%).
- Net income of 3,620,845,960 contributed positively to equity growth.
- Dividend payments of 2,001,839,250 reduced retained earnings.
- Share repurchases of 2,008,287,460 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.62 Billion | +6.38% |
| Dividends Paid | ₩2.00 Billion | -3.53% |
| Share Repurchases | ₩2.01 Billion | -3.54% |
| Other Changes | ₩137.25 Million | +0.24% |
| Total Change | ₩- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares Handok Clean Tech 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: 0.74x
- 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.
- The price-to-book ratio has decreased from 2.51x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩2172.64 | ₩5450.00 | x |
| 2018-12-31 | ₩2893.24 | ₩5450.00 | x |
| 2019-12-31 | ₩4482.91 | ₩5450.00 | x |
| 2020-12-31 | ₩5457.98 | ₩5450.00 | x |
| 2021-12-31 | ₩6260.57 | ₩5450.00 | x |
| 2022-12-31 | ₩6677.99 | ₩5450.00 | x |
| 2023-12-31 | ₩7121.14 | ₩5450.00 | x |
| 2024-12-31 | ₩7355.47 | ₩5450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Handok Clean Tech 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): 6.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.31%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.11x
- Recent ROE (6.38%) is below the historical average (14.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 20.14% | 8.88% | 1.34x | 1.69x | ₩1.21 Billion |
| 2018 | 26.12% | 10.51% | 1.58x | 1.57x | ₩2.57 Billion |
| 2019 | 15.41% | 9.93% | 1.17x | 1.33x | ₩1.69 Billion |
| 2020 | 19.97% | 13.52% | 1.26x | 1.17x | ₩4.12 Billion |
| 2021 | 8.96% | 8.81% | 0.90x | 1.13x | ₩-535.98 Million |
| 2022 | 9.47% | 8.56% | 1.00x | 1.11x | ₩-282.19 Million |
| 2023 | 9.37% | 8.21% | 1.03x | 1.11x | ₩-360.07 Million |
| 2024 | 6.38% | 5.31% | 1.08x | 1.11x | ₩-2.06 Billion |
Industry Comparison
This section compares Handok Clean Tech Co. Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $58,569,010,660
- Average return on equity (ROE) among peers: 9.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Handok Clean Tech Co. Ltd (256150) | ₩57.29 Billion | 20.14% | 0.14x | $28.51 Million |
| Kc Green Holdi (009440) | $27.12 Billion | 4.64% | 1.25x | $11.75 Million |
| Kc Cottrell (119650) | $76.23 Billion | 2.53% | 3.36x | $117.68 Million |
| GnBS Engineering Co. Ltd. (382800) | $72.35 Billion | 20.42% | 0.23x | $196.08 Million |
About Handok Clean Tech Co. Ltd
Handok Clean Tech Co., Ltd. produces and sells filters for water purifiers in South Korea. It offers standard carbon block filters, refrigerator filters, and customized filters; PE sediment filters; and deodorizing filters for air purifiers. The company was founded in 1990 and is based in Daejeon, South Korea.