Hanon Systems
Hanon Systems provides thermal and energy management solutions to automotive market in Korea, Europe, Asia, and the United States. The company offers heating, ventilation, and air conditioning (HVAC) solutions; and radiators, cooling fans and shrouds, charge air coolers, exhaust gas recirculation systems, electronic coolant pumps and valves, electronic throttle body controls, electronic wastegate… Read more
Hanon Systems (018880) - Total Assets
Latest total assets as of September 2025: ₩10.56 Trillion KRW
Based on the latest financial reports, Hanon Systems (018880) holds total assets worth ₩10.56 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.
Hanon Systems - Total Assets Trend (2000–2024)
This chart illustrates how Hanon Systems’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hanon Systems - Asset Composition Analysis
Current Asset Composition (December 2024)
Hanon Systems's total assets of ₩10.56 Trillion consist of 41.8% current assets and 58.2% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 12.7% |
| Accounts Receivable | ₩1.26 Trillion | 11.9% |
| Inventory | ₩1.24 Trillion | 11.7% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩1.42 Trillion | 13.4% |
| Goodwill | ₩931.90 Billion | 8.8% |
Asset Composition Trend (2000–2024)
This chart illustrates how Hanon Systems'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: Hanon Systems's current assets represent 41.8% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 12.7% of total assets in 2024, up from 7.1% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 13.4% of total assets.
Hanon Systems Competitors by Total Assets
Key competitors of Hanon Systems based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Hanon Systems - 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 - Hanon Systems generates 0.94x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hanon Systems is currently not profitable relative to its asset base.
Hanon Systems - 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 | 0.90 | 0.94 | 1.27 |
| Quick Ratio | 0.61 | 0.65 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-468.26 Billion | ₩ -233.00 Billion | ₩ 746.29 Billion |
Hanon Systems - Advanced Valuation Insights
This section examines the relationship between Hanon Systems'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 | 0.88 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 14.9% |
| Total Assets | ₩10.62 Trillion |
| Market Capitalization | $445.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hanon Systems's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hanon Systems's assets grew by 14.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hanon Systems (2000–2024)
The table below shows the annual total assets of Hanon Systems from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩10.62 Trillion | +14.88% |
| 2023-12-31 | ₩9.24 Trillion | +1.60% |
| 2022-12-31 | ₩9.10 Trillion | +10.51% |
| 2021-12-31 | ₩8.23 Trillion | +5.46% |
| 2020-12-31 | ₩7.81 Trillion | +10.24% |
| 2019-12-31 | ₩7.08 Trillion | +32.24% |
| 2018-12-31 | ₩5.36 Trillion | +30.01% |
| 2017-12-31 | ₩4.12 Trillion | +6.73% |
| 2016-12-31 | ₩3.86 Trillion | +11.57% |
| 2015-12-31 | ₩3.46 Trillion | +6.77% |
| 2014-12-31 | ₩3.24 Trillion | +9.69% |
| 2013-12-31 | ₩2.95 Trillion | +32.09% |
| 2012-12-31 | ₩2.24 Trillion | +9.20% |
| 2011-12-31 | ₩2.05 Trillion | +9.97% |
| 2010-12-31 | ₩1.86 Trillion | +9.37% |
| 2009-12-31 | ₩1.70 Trillion | +9.28% |
| 2008-12-31 | ₩1.56 Trillion | +16.23% |
| 2007-12-31 | ₩1.34 Trillion | +22.16% |
| 2006-12-31 | ₩1.10 Trillion | +6.84% |
| 2005-12-31 | ₩1.03 Trillion | +13.21% |
| 2004-12-31 | ₩907.17 Billion | +16.84% |
| 2003-12-31 | ₩776.42 Billion | +9.58% |
| 2002-12-31 | ₩708.57 Billion | +9.86% |
| 2001-12-31 | ₩644.96 Billion | +0.29% |
| 2000-12-31 | ₩643.11 Billion | -- |