Hwaseung Enterprise Co Ltd (241590) — Tangible Net Worth Ratio
Hwaseung Enterprise Co Ltd (241590) has a Tangible Net Worth Ratio of 91.5% as of September 2025. This metric is calculated by deducting intangible assets (₩40.63 Billion) from net assets (₩476.15 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See net assets of Hwaseung Enterprise Co Ltd for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hwaseung Enterprise Co Ltd Tangible Net Worth Ratio (2015–2024)
This chart shows how Hwaseung Enterprise Co Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 91.5%, reflecting net assets of ₩476.15 Billion with intangible assets of ₩40.63 Billion KRW. Also explore how fast is Hwaseung Enterprise Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Hwaseung Enterprise Co Ltd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hwaseung Enterprise Co Ltd from 2015 to 2024, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see 241590 market cap overview.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.8% | ₩563.75 Billion | ₩40.68 Billion | ₩1.54 Trillion | ▼ 0.0 pp |
| 2023 | 92.8% | ₩559.38 Billion | ₩40.30 Billion | ₩1.36 Trillion | ▼ -0.3 pp |
| 2022 | 93.1% | ₩591.18 Billion | ₩41.08 Billion | ₩1.48 Trillion | ▼ -1.4 pp |
| 2021 | 94.4% | ₩550.42 Billion | ₩30.75 Billion | ₩1.33 Trillion | ▼ -0.1 pp |
| 2020 | 94.5% | ₩537.46 Billion | ₩29.30 Billion | ₩1.15 Trillion | ▼ -0.4 pp |
| 2019 | 94.9% | ₩367.46 Billion | ₩18.65 Billion | ₩978.86 Billion | ▼ -4.0 pp |
| 2018 | 98.9% | ₩283.12 Billion | ₩3.04 Billion | ₩760.46 Billion | ▼ 0.0 pp |
| 2017 | 98.9% | ₩261.47 Billion | ₩2.79 Billion | ₩626.78 Billion | ▼ -0.1 pp |
| 2016 | 99.0% | ₩192.79 Billion | ₩1.91 Billion | ₩436.69 Billion | ▲ +0.8 pp |
| 2015 | 98.2% | ₩63.05 Billion | ₩1.12 Billion | ₩260.52 Billion | — |