HBL Corporation
HBL Corporation manufactures and sells laser processing equipment and laser solutions in South Korea and internationally. The company provides laser generation, laser beam transmission, and laser processing technologies; and laser application solutions. It also offers laser development, automation systems, and vision systems. The company serves automobile, battery, semiconductor, and other indust… Read more
HBL Corporation (452190) - Net Assets
Latest net assets as of March 2025: ₩26.83 Billion KRW
Based on the latest financial reports, HBL Corporation (452190) has net assets worth ₩26.83 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 (₩35.51 Billion) and total liabilities (₩8.68 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 | ₩26.83 Billion |
| % of Total Assets | 75.55% |
| Annual Growth Rate | 35.83% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.52 |
HBL Corporation - Net Assets Trend (2022–2024)
This chart illustrates how HBL Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HBL Corporation (2022–2024)
The table below shows the annual net assets of HBL Corporation from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩28.07 Billion | +19.47% |
| 2023-12-31 | ₩23.50 Billion | +54.50% |
| 2022-12-31 | ₩15.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HBL Corporation'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 decreased by 5158.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩2.55 Billion | 9.10% |
| Other Components | ₩33.03 Billion | 117.66% |
| Total Equity | ₩28.07 Billion | 100.00% |
HBL Corporation Competitors by Market Cap
The table below lists competitors of HBL Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Investment and Trading of Real Estate JSC
VN:ITC
|
$39.39 Million |
|
AGAGF
PINK:AGAGF
|
$39.40 Million |
|
Han Kook Capital Co. Ltd
KQ:023760
|
$39.41 Million |
|
Texaf S.A.
LSE:0Q5Q
|
$39.41 Million |
|
Elementos Ltd
AU:ELT
|
$39.38 Million |
|
NFC Corporation
KQ:265740
|
$39.38 Million |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
$39.37 Million |
|
NRX Pharmaceuticals Inc
NASDAQ:NRXP
|
$39.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HBL Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,499,166,990 to 28,073,736,400, a change of 4,574,569,410 (19.5%).
- Net loss of 2,105,560,590 reduced equity.
- Share repurchases of 72,600,000 reduced equity.
- Other factors increased equity by 6,752,730,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.11 Billion | -7.5% |
| Share Repurchases | ₩72.60 Million | -0.26% |
| Other Changes | ₩6.75 Billion | +24.05% |
| Total Change | ₩- | 19.47% |
Book Value vs Market Value Analysis
This analysis compares HBL Corporation'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: 3.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.02x to 3.55x 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 | ₩714.54 | ₩4305.00 | x |
| 2023-12-31 | ₩1104.10 | ₩4305.00 | x |
| 2024-12-31 | ₩1212.12 | ₩4305.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HBL Corporation 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): -7.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.36%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.23x
- Recent ROE (-7.50%) is below the historical average (-5.79%), 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 | 13.76% | 10.17% | 0.78x | 1.74x | ₩572.04 Million |
| 2023 | -23.64% | -24.50% | 0.57x | 1.69x | ₩-7.91 Billion |
| 2024 | -7.50% | -11.36% | 0.54x | 1.23x | ₩-4.91 Billion |
Industry Comparison
This section compares HBL Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $284,261,784,152
- Average return on equity (ROE) among peers: 5.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HBL Corporation (452190) | ₩26.83 Billion | 13.76% | 0.32x | $39.38 Million |
| Hwacheon Mac (000850) | $222.46 Billion | 6.90% | 0.38x | $29.43 Million |
| Daidong Elec (008110) | $246.16 Billion | 10.87% | 0.11x | $11.34 Million |
| Booster Co. Ltd (008470) | $71.00 Billion | 4.21% | 0.21x | $7.56 Million |
| Simpac (009160) | $179.33 Billion | 2.32% | 0.51x | $72.05 Million |
| Kyung Dong Navien Co Ltd (009450) | $206.08 Billion | 8.06% | 0.95x | $264.43 Million |
| Korea Refract (010040) | $253.86 Billion | 2.24% | 0.41x | $5.86 Million |
| Hwacheon Machi (010660) | $139.02 Billion | 4.26% | 0.25x | $44.33 Million |
| Han Shin Mach (011700) | $90.80 Billion | 4.11% | 0.28x | $90.15 Million |
| STX Corporation (011810) | $1.11 Trillion | 2.74% | 2.58x | $45.77 Million |
| Hy-Lok Corporation (013030) | $327.98 Billion | 7.17% | 0.16x | $170.89 Million |