THN Corporation (019180) - Total Assets
Based on the latest financial reports, THN Corporation (019180) holds total assets worth ₩644.09 Billion KRW (≈ $436.49 Million USD) as of March 2026. 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 THN Corporation debt service capacity to assess how comfortably operating cash covers total debt obligations.
THN Corporation - Total Assets Trend (2000–2025)
This chart illustrates how THN Corporation's total assets have evolved over time, based on quarterly financial data. See shareholders equity of THN Corporation for net asset value and shareholders' equity analysis.
THN Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
THN Corporation's total assets of ₩644.09 Billion consist of 63.7% current assets and 36.3% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 10.2% |
| Accounts Receivable | ₩80.72 Billion | 13.2% |
| Inventory | ₩192.05 Billion | 31.3% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩1.52 Billion | 0.3% |
| Goodwill | ₩585.87 Million | 0.1% |
Asset Composition Trend (2000–2025)
This chart illustrates how THN Corporation'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 019180 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: THN Corporation's current assets represent 63.7% of total assets in 2025, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 10.2% of total assets in 2025, up from 3.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 31.3% of total assets.
THN Corporation Competitors by Total Assets
Key competitors of THN Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
ST:ALIV-SDB
|
Sweden | Skr8.52 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.57 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥35.31 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
THN Corporation - 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 | 1.20 | 1.02 | 1.27 |
| Quick Ratio | 0.62 | 0.45 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩68.56 Billion | ₩4.64 Billion | ₩36.14 Billion |
THN Corporation - Advanced Valuation Insights
This section examines the relationship between THN Corporation'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 | 0.50 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 34.9% |
| Total Assets | ₩613.08 Billion |
| Market Capitalization | $68.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values THN Corporation's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: THN Corporation's assets grew by 34.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for THN Corporation (2000–2025)
The table below shows the annual total assets of THN Corporation from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₩613.08 Billion ≈ $415.48 Million |
+34.94% |
| 2024-12-31 | ₩454.35 Billion ≈ $307.91 Million |
+12.75% |
| 2023-12-31 | ₩402.98 Billion ≈ $273.09 Million |
+8.52% |
| 2022-12-31 | ₩371.35 Billion ≈ $251.66 Million |
+9.24% |
| 2021-12-31 | ₩339.94 Billion ≈ $230.37 Million |
+21.57% |
| 2020-12-31 | ₩279.63 Billion ≈ $189.50 Million |
+5.35% |
| 2019-12-31 | ₩265.43 Billion ≈ $179.88 Million |
+24.97% |
| 2018-12-31 | ₩212.39 Billion ≈ $143.94 Million |
+2.57% |
| 2017-12-31 | ₩207.07 Billion ≈ $140.33 Million |
+3.25% |
| 2016-12-31 | ₩200.56 Billion ≈ $135.92 Million |
+1.45% |
| 2015-12-31 | ₩197.69 Billion ≈ $133.97 Million |
-5.25% |
| 2014-12-31 | ₩208.63 Billion ≈ $141.39 Million |
+1.61% |
| 2013-12-31 | ₩205.32 Billion ≈ $139.14 Million |
+20.17% |
| 2012-12-31 | ₩170.85 Billion ≈ $115.78 Million |
+22.97% |
| 2011-12-31 | ₩138.94 Billion ≈ $94.15 Million |
+8.03% |
| 2010-12-31 | ₩128.60 Billion ≈ $87.15 Million |
+18.09% |
| 2009-12-31 | ₩108.90 Billion ≈ $73.80 Million |
+5.61% |
| 2008-12-31 | ₩103.11 Billion ≈ $69.88 Million |
+4.42% |
| 2007-12-31 | ₩98.75 Billion ≈ $66.92 Million |
+5.88% |
| 2006-12-31 | ₩93.27 Billion ≈ $63.21 Million |
+1.63% |
| 2005-12-31 | ₩91.77 Billion ≈ $62.19 Million |
+14.82% |
| 2004-12-31 | ₩79.92 Billion ≈ $54.16 Million |
+29.99% |
| 2003-12-31 | ₩61.48 Billion ≈ $41.67 Million |
-15.26% |
| 2002-12-31 | ₩72.56 Billion ≈ $49.17 Million |
-8.76% |
| 2001-12-31 | ₩79.52 Billion ≈ $53.89 Million |
-10.60% |
| 2000-12-31 | ₩88.95 Billion ≈ $60.28 Million |
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About THN Corporation
THN Corporation manufactures and sells automotive electronics in South Korea and internationally. It offers electric and electronic distribution systems; electronic control network products; and junction blocks and 48V converter parts, as well as wires and parts for reducing the weight of wiring. The company was formerly known as Dong-hae corp. and changed its name to THN Corporation in 2008. THN… Read more