Hunesion Co.Ltd (290270) - Net Assets
Based on the latest financial reports, Hunesion Co.Ltd (290270) has net assets worth ₩46.04 Billion KRW (≈ $31.20 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 (₩51.24 Billion ≈ $34.73 Million USD) and total liabilities (₩5.21 Billion ≈ $3.53 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 290270 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩46.04 Billion |
| % of Total Assets | 89.84% |
| Annual Growth Rate | 37.11% |
| 5-Year Change | 69.96% |
| 10-Year Change | N/A |
| Growth Volatility | 61.61 |
Hunesion Co.Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hunesion Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Hunesion Co.Ltd for the complete picture of this company's asset base.
Annual Net Assets for Hunesion Co.Ltd (2016–2024)
The table below shows the annual net assets of Hunesion Co.Ltd from 2016 to 2024. For live valuation and market cap data, see 290270 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩45.12 Billion ≈ $30.57 Million |
+5.84% |
| 2023-12-31 | ₩42.63 Billion ≈ $28.89 Million |
+20.30% |
| 2022-12-31 | ₩35.44 Billion ≈ $24.01 Million |
-14.14% |
| 2021-12-31 | ₩41.27 Billion ≈ $27.97 Million |
+55.47% |
| 2020-12-31 | ₩26.55 Billion ≈ $17.99 Million |
+11.48% |
| 2019-12-31 | ₩23.81 Billion ≈ $16.14 Million |
+6.90% |
| 2018-12-31 | ₩22.28 Billion ≈ $15.10 Million |
+132.46% |
| 2017-12-31 | ₩9.58 Billion ≈ $6.49 Million |
+165.27% |
| 2016-12-31 | ₩3.61 Billion ≈ $2.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hunesion 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 775.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩30.74 Billion | 68.13% |
| Common Stock | ₩4.80 Billion | 10.65% |
| Other Components | ₩9.57 Billion | 21.22% |
| Total Equity | ₩45.12 Billion | 100.00% |
Hunesion Co.Ltd Competitors by Market Cap
The table below lists competitors of Hunesion Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Damai Sejahtera Abadi Tbk PT
JK:UFOE
|
$26.32 Million |
|
Goldenstone Acquisition Ltd
NASDAQ:GDST
|
$26.33 Million |
|
Fine Metal Technologies Public Company Limited
BK:FMT
|
$26.33 Million |
|
Warimpex Finanz- und Beteiligungs AG
VI:WXF
|
$26.34 Million |
|
Sumit Woods Limited
NSE:SUMIT
|
$26.32 Million |
|
Greencoat UK Wind PLC
LSE:UKW
|
$26.31 Million |
|
Veea Inc.
NASDAQ:VEEA
|
$26.31 Million |
|
Adval Tech Holding AG
SW:ADVN
|
$26.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunesion Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,859,351,510 to 45,116,726,610, a change of 3,257,375,100 (7.8%).
- Net income of 3,982,390,070 contributed positively to equity growth.
- Dividend payments of 373,609,480 reduced retained earnings.
- Share repurchases of 421,119,240 reduced equity.
- New share issuances of 19,325,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.98 Billion | +8.83% |
| Dividends Paid | ₩373.61 Million | -0.83% |
| Share Repurchases | ₩421.12 Million | -0.93% |
| Share Issuances | ₩19.32 Million | +0.04% |
| Other Changes | ₩50.39 Million | +0.11% |
| Total Change | ₩- | 7.78% |
Book Value vs Market Value Analysis
This analysis compares Hunesion 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: 0.86x
- 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 6.99x to 0.86x 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 | ₩602.10 | ₩4210.00 | x |
| 2017-12-31 | ₩1341.55 | ₩4210.00 | x |
| 2018-12-31 | ₩2318.60 | ₩4210.00 | x |
| 2019-12-31 | ₩2478.48 | ₩4210.00 | x |
| 2020-12-31 | ₩2805.08 | ₩4210.00 | x |
| 2021-12-31 | ₩4361.00 | ₩4210.00 | x |
| 2022-12-31 | ₩3781.56 | ₩4210.00 | x |
| 2023-12-31 | ₩4467.22 | ₩4210.00 | x |
| 2024-12-31 | ₩4890.21 | ₩4210.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunesion 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): 8.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.79%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.18x
- Recent ROE (8.83%) is below the historical average (16.31%), 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 | 44.49% | 13.54% | 1.82x | 1.80x | ₩1.25 Billion |
| 2017 | 31.25% | 21.35% | 1.22x | 1.20x | ₩2.04 Billion |
| 2018 | 4.52% | 6.27% | 0.64x | 1.13x | ₩-1.22 Billion |
| 2019 | 7.53% | 9.53% | 0.67x | 1.19x | ₩-587.86 Million |
| 2020 | 12.62% | 13.19% | 0.75x | 1.28x | ₩695.64 Million |
| 2021 | 36.11% | 56.15% | 0.53x | 1.21x | ₩10.78 Billion |
| 2022 | -14.66% | -17.08% | 0.71x | 1.20x | ₩-8.74 Billion |
| 2023 | 16.10% | 18.64% | 0.71x | 1.22x | ₩2.55 Billion |
| 2024 | 8.83% | 10.79% | 0.70x | 1.18x | ₩-529.28 Million |
Industry Comparison
This section compares Hunesion Co.Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $69,869,345,200
- Average return on equity (ROE) among peers: 6.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunesion Co.Ltd (290270) | ₩46.04 Billion | 44.49% | 0.11x | $26.32 Million |
| Douzone Bizon Co Ltd (012510) | $117.67 Billion | 9.16% | 0.79x | $2.28 Billion |
| NuriFlex Co.Ltd (040160) | $79.53 Billion | 0.79% | 0.93x | $128.40 Million |
| Raonsecure Co. Ltd (042510) | $38.00 Billion | 17.55% | 1.02x | $91.98 Million |
| Osangjaiel Co. Ltd (053980) | $64.51 Billion | 7.09% | 0.47x | $42.11 Million |
| Gemvaxlink Co. Ltd (064800) | $98.04 Billion | 2.92% | 2.90x | $68.25 Million |
| Mobileleader Co.Ltd (100030) | $52.35 Billion | 5.01% | 0.18x | $34.15 Million |
| Selvas Ai Inc. (108860) | $168.52 Billion | -1.51% | 0.14x | $239.67 Million |
| RSUPPORT Co. Ltd (131370) | $53.89 Billion | 9.30% | 0.09x | $91.85 Million |
| KineMaster Corporation (139670) | $14.28 Billion | 17.22% | 0.16x | $20.57 Million |
| Bflysoft Co. Ltd. (148780) | $11.91 Billion | -0.39% | 0.38x | $27.38 Million |
About Hunesion Co.Ltd
Hunesion Co.,Ltd develops and supplies IT security solutions. The company offers i-oneNet, a secure data transmission solution; i-oneNet DD, a one-way network connectivity solution; i-oneNet DX, a dual unidirectional network connection solution; and i-Spector, a network traffic collection and analysis solutions. It also provides TresDM, an intelligent malware detection solution; NGS, a system acc… Read more