Hwaseung Industries Co Ltd (006060) - Total Assets

Latest as of September 2025: ₩1.64 Trillion KRW ≈ $1.11 Billion USD

Based on the latest financial reports, Hwaseung Industries Co Ltd (006060) holds total assets worth ₩1.64 Trillion KRW (≈ $1.11 Billion USD) 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. Explore Hwaseung Industries Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

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. See 006060 book value for net asset value and shareholders' equity analysis.

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. For live market cap, price, and company overview, see Hwaseung Industries Co Ltd market capitalisation.

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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
Birkenstock Holding plc NYSE:BIRK	USA	$5.17 Billion
PUMA SE XETRA:PUM	Germany	€7.06 Billion
Topscore Fashion SHG:603608	China	CN¥1.49 Billion
Anhui Korrun Co Ltd SHE:300577	China	CN¥6.10 Billion
Alpargatas S.A SA:ALPA3	Brazil	R$6.29 Billion
Fulgent Sun International Holding Co Ltd TW:9802	Taiwan	NT$22.15 Billion
Zhejiang Red Dragonfly Footwear Co Ltd SHG:603116	China	CN¥3.53 Billion
Sanwil Holding SA WAR:SNW	Poland	zł77.60 Million

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	$81.19 Million USD

Valuation Analysis

Below Book Valuation: The market values Hwaseung Industries Co Ltd's assets below their book value (0.00x), 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 ≈ $1.24 Billion	+10.87%
2023-12-31	₩1.65 Trillion ≈ $1.12 Billion	-7.09%
2022-12-31	₩1.78 Trillion ≈ $1.21 Billion	+8.70%
2021-12-31	₩1.64 Trillion ≈ $1.11 Billion	+14.20%
2020-12-31	₩1.43 Trillion ≈ $971.45 Million	+12.81%
2019-12-31	₩1.27 Trillion ≈ $861.12 Million	+28.19%
2018-12-31	₩991.26 Billion ≈ $671.76 Million	+13.19%
2017-12-31	₩875.73 Billion ≈ $593.47 Million	+8.94%
2016-12-31	₩803.89 Billion ≈ $544.78 Million	+43.27%
2015-12-31	₩561.11 Billion ≈ $380.26 Million	+5.27%
2014-12-31	₩533.01 Billion ≈ $361.21 Million	+12.77%
2013-12-31	₩472.66 Billion ≈ $320.32 Million	+3.37%
2012-12-31	₩457.26 Billion ≈ $309.88 Million	-4.04%
2011-12-31	₩476.50 Billion ≈ $322.92 Million	+5.38%
2010-12-31	₩452.16 Billion ≈ $306.42 Million	+17.35%
2009-12-31	₩385.30 Billion ≈ $261.12 Million	-34.35%
2008-12-31	₩586.91 Billion ≈ $397.74 Million	+21.73%
2007-12-31	₩482.16 Billion ≈ $326.75 Million	+3.44%
2006-12-31	₩466.11 Billion ≈ $315.87 Million	-12.41%
2005-12-31	₩532.12 Billion ≈ $360.61 Million	+25.95%
2004-12-31	₩422.49 Billion ≈ $286.32 Million	--

About Hwaseung Industries Co Ltd

KO:006060 Korea Footwear & Accessories

Market Cap

$81.19 Million

₩119.80 Billion KRW

Market Cap Rank

#19887 Global

#997 in Korea

Share Price

₩2435.00

Change (1 day)

+1.88%

52-Week Range

₩2325.00 - ₩4575.00

All Time High

₩11415.97