Hwaseung Industries Co Ltd
HWASEUNG Industries Co.,Ltd. engages in the manufacture and sale of shoe products and shoe materials business in South Korea and internationally. The company offers BOPP, PET, and breathable films; sheets and plates; and synthetic resins and adhesives, including shoe adhesives, industrial adhesives, automotive coatings, and polyurethane resins. It also trades in clothing, bedding, footwear, and o… Read more
Hwaseung Industries Co Ltd (006060) - Total Assets
Latest total assets as of September 2025: ₩1.64 Trillion KRW
Based on the latest financial reports, Hwaseung Industries Co Ltd (006060) holds total assets worth ₩1.64 Trillion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hwaseung Industries Co Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Hwaseung Industries Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hwaseung Industries Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hwaseung Industries Co Ltd's total assets of ₩1.64 Trillion consist of 46.7% current assets and 53.3% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 9.6% |
| Accounts Receivable | ₩236.23 Billion | 12.9% |
| Inventory | ₩322.99 Billion | 17.6% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩73.84 Billion | 4.0% |
| Goodwill | ₩2.45 Billion | 0.1% |
Asset Composition Trend (2004–2024)
This chart illustrates how Hwaseung Industries Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hwaseung Industries Co Ltd's current assets represent 46.7% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 9.6% of total assets in 2024, up from 3.6% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 20.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 17.6% of total assets.
Hwaseung Industries Co Ltd Competitors by Total Assets
Key competitors of Hwaseung Industries Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
|
Gumho NT Co Ltd
KQ:130500
|
Korea | ₩196.21 Billion |
Hwaseung Industries Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Hwaseung Industries Co Ltd generates 1.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hwaseung Industries Co Ltd generates $ 2.13 in net profit.
Hwaseung Industries Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.73 | 0.82 | 1.07 |
| Quick Ratio | 0.41 | 0.49 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-271.67 Billion | ₩ -183.62 Billion | ₩ 51.34 Billion |
Hwaseung Industries Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hwaseung Industries Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.52 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | ₩1.83 Trillion |
| Market Capitalization | $69.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hwaseung Industries Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hwaseung Industries Co Ltd's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hwaseung Industries Co Ltd (2004–2024)
The table below shows the annual total assets of Hwaseung Industries Co Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.83 Trillion | +10.87% |
| 2023-12-31 | ₩1.65 Trillion | -7.09% |
| 2022-12-31 | ₩1.78 Trillion | +8.70% |
| 2021-12-31 | ₩1.64 Trillion | +14.20% |
| 2020-12-31 | ₩1.43 Trillion | +12.81% |
| 2019-12-31 | ₩1.27 Trillion | +28.19% |
| 2018-12-31 | ₩991.26 Billion | +13.19% |
| 2017-12-31 | ₩875.73 Billion | +8.94% |
| 2016-12-31 | ₩803.89 Billion | +43.27% |
| 2015-12-31 | ₩561.11 Billion | +5.27% |
| 2014-12-31 | ₩533.01 Billion | +12.77% |
| 2013-12-31 | ₩472.66 Billion | +3.37% |
| 2012-12-31 | ₩457.26 Billion | -4.04% |
| 2011-12-31 | ₩476.50 Billion | +5.38% |
| 2010-12-31 | ₩452.16 Billion | +17.35% |
| 2009-12-31 | ₩385.30 Billion | -34.35% |
| 2008-12-31 | ₩586.91 Billion | +21.73% |
| 2007-12-31 | ₩482.16 Billion | +3.44% |
| 2006-12-31 | ₩466.11 Billion | -12.41% |
| 2005-12-31 | ₩532.12 Billion | +25.95% |
| 2004-12-31 | ₩422.49 Billion | -- |