440290
HB Investment, Inc. is a venture capital and private equity firm specializing in investments in incubation, small and medium sized, early stage venture companies, and buyout deals. The firm considers investments in the telecommunication, information technology, content, electronic components, game software, computer, telecommunications equipment, machinery, equipment, metal and non-metal, distrib… Read more
440290 (440290) - Net Assets
Latest net assets as of March 2025: ₩82.37 Billion KRW
Based on the latest financial reports, 440290 (440290) has net assets worth ₩82.37 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩92.30 Billion) and total liabilities (₩9.93 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 | ₩82.37 Billion |
| % of Total Assets | 89.24% |
| Annual Growth Rate | 33.65% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.96 |
440290 - Net Assets Trend (2022–2024)
This chart illustrates how 440290's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 440290 (2022–2024)
The table below shows the annual net assets of 440290 from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩87.35 Billion | +49.47% |
| 2023-12-31 | ₩58.44 Billion | +19.55% |
| 2022-12-31 | ₩48.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to 440290'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 39.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩52.92 Billion | 60.58% |
| Common Stock | ₩13.55 Billion | 15.52% |
| Other Components | ₩20.88 Billion | 23.90% |
| Total Equity | ₩87.35 Billion | 100.00% |
440290 Competitors by Market Cap
The table below lists competitors of 440290 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solidion Technology Inc.
NASDAQ:STI
|
$11.24 Million |
|
Taiwan Chelic Corp Ltd
TW:4555
|
$11.24 Million |
|
Logah Technology Corp
TW:3593
|
$11.24 Million |
|
Falcon's Beyond Global, Inc. Warrants
NASDAQ:FBYDW
|
$11.24 Million |
|
Cuu Long Petro Urban Development and Investment Corp
VN:CCL
|
$11.23 Million |
|
S&S Power Switchgears Limited
NSE:S&SPOWER
|
$11.23 Million |
|
TEKNA HOLDING ASA NK 2
F:8VB
|
$11.22 Million |
|
JVSPAC Acquisition Corp. Unit
NASDAQ:JVSAU
|
$11.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 440290's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 58,439,464,320 to 87,347,518,200, a change of 28,908,053,880 (49.5%).
- Net income of 6,036,570,870 contributed positively to equity growth.
- Share repurchases of 22,871,483,000 reduced equity.
- Other factors increased equity by 45,742,966,010.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.04 Billion | +6.91% |
| Share Repurchases | ₩22.87 Billion | -26.18% |
| Other Changes | ₩45.74 Billion | +52.37% |
| Total Change | ₩- | 49.47% |
Book Value vs Market Value Analysis
This analysis compares 440290'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: 0.67x
- 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 1.20x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩1819.37 | ₩2175.00 | x |
| 2023-12-31 | ₩2175.14 | ₩2175.00 | x |
| 2024-12-31 | ₩3222.32 | ₩2175.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 440290 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): 6.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.83%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.05x
- Recent ROE (6.91%) is below the historical average (12.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 15.29% | 46.91% | 0.30x | 1.10x | ₩2.58 Billion |
| 2023 | 15.20% | 43.29% | 0.31x | 1.12x | ₩3.04 Billion |
| 2024 | 6.91% | 39.83% | 0.16x | 1.05x | ₩-2.70 Billion |
Industry Comparison
This section compares 440290's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $137,827,142,875
- Average return on equity (ROE) among peers: 7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 440290 (440290) | ₩82.37 Billion | 15.29% | 0.12x | $11.23 Million |
| Sk Securities (001510) | $415.08 Billion | 2.76% | 8.45x | $343.46 Million |
| SK Securities Co Ltd Preference Shares (001515) | $570.16 Billion | 5.48% | 6.26x | $227.73 Million |
| Atinum Investment Co. Ltd (021080) | $60.94 Billion | 16.94% | 0.12x | $67.17 Million |
| Stic Investments Inc (026890) | $99.69 Billion | 2.97% | 0.43x | $99.24 Million |
| Woori Technology Investment Co. Ltd (041190) | $51.07 Billion | 6.38% | 0.01x | $251.72 Million |
| IBKS No3 SPAC (225430) | $36.33 Billion | -10.80% | 0.41x | $4.74 Million |
| Shinyoung HappyTomorrow SPAC 2 (225590) | $31.64 Billion | 3.83% | 0.37x | $9.08 Million |
| DSC Investment Inc (241520) | $30.04 Billion | 17.63% | 0.61x | $189.72 Million |
| T.S. Investment Corp. (246690) | $64.40 Billion | 15.42% | 0.52x | $24.25 Million |
| SV Investment Corporation (289080) | $18.93 Billion | 11.17% | 0.53x | $96.70 Million |