Hanon Systems (018880) - Total Assets
Based on the latest financial reports, Hanon Systems (018880) holds total assets worth ₩10.56 Trillion KRW (≈ $7.16 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. See shareholders equity of Hanon Systems for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Hanon Systems stock valuation.
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 |
|---|---|---|
|
Continental Aktiengesellschaft
F:CON
|
Germany | €18.59 Billion |
|
Huizhou Desay SV Automotive Co Ltd Class A
SHE:002920
|
China | CN¥27.24 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.80 Billion |
|
Lingyun Ind
SHG:600480
|
China | CN¥20.22 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.62 Billion |
|
Aotecar New Energy Technology Co Ltd
SHE:002239
|
China | CN¥11.04 Billion |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
China | CN¥6.29 Billion |
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 | $2.07 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hanon Systems's assets below their book value (0.00x), 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 ≈ $7.20 Billion |
+14.88% |
| 2023-12-31 | ₩9.24 Trillion ≈ $6.26 Billion |
+1.60% |
| 2022-12-31 | ₩9.10 Trillion ≈ $6.17 Billion |
+10.51% |
| 2021-12-31 | ₩8.23 Trillion ≈ $5.58 Billion |
+5.46% |
| 2020-12-31 | ₩7.81 Trillion ≈ $5.29 Billion |
+10.24% |
| 2019-12-31 | ₩7.08 Trillion ≈ $4.80 Billion |
+32.24% |
| 2018-12-31 | ₩5.36 Trillion ≈ $3.63 Billion |
+30.01% |
| 2017-12-31 | ₩4.12 Trillion ≈ $2.79 Billion |
+6.73% |
| 2016-12-31 | ₩3.86 Trillion ≈ $2.62 Billion |
+11.57% |
| 2015-12-31 | ₩3.46 Trillion ≈ $2.34 Billion |
+6.77% |
| 2014-12-31 | ₩3.24 Trillion ≈ $2.20 Billion |
+9.69% |
| 2013-12-31 | ₩2.95 Trillion ≈ $2.00 Billion |
+32.09% |
| 2012-12-31 | ₩2.24 Trillion ≈ $1.52 Billion |
+9.20% |
| 2011-12-31 | ₩2.05 Trillion ≈ $1.39 Billion |
+9.97% |
| 2010-12-31 | ₩1.86 Trillion ≈ $1.26 Billion |
+9.37% |
| 2009-12-31 | ₩1.70 Trillion ≈ $1.15 Billion |
+9.28% |
| 2008-12-31 | ₩1.56 Trillion ≈ $1.06 Billion |
+16.23% |
| 2007-12-31 | ₩1.34 Trillion ≈ $908.45 Million |
+22.16% |
| 2006-12-31 | ₩1.10 Trillion ≈ $743.63 Million |
+6.84% |
| 2005-12-31 | ₩1.03 Trillion ≈ $696.00 Million |
+13.21% |
| 2004-12-31 | ₩907.17 Billion ≈ $614.77 Million |
+16.84% |
| 2003-12-31 | ₩776.42 Billion ≈ $526.17 Million |
+9.58% |
| 2002-12-31 | ₩708.57 Billion ≈ $480.19 Million |
+9.86% |
| 2001-12-31 | ₩644.96 Billion ≈ $437.08 Million |
+0.29% |
| 2000-12-31 | ₩643.11 Billion ≈ $435.83 Million |
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About 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