Hankook Tire Co.
Hankook Tire & Technology Co., Ltd. manufactures and sells tires in South Korea and internationally. The company offers tires for electric vehicles, passenger cars, SUVs, light trucks, buses, and trucks under the iON, Ventus, Dynapro, Kinergy, Winter i*cept & Winter i*pike, Vantra, and Smart brand name. The company was formerly known as Hankook Tire Co., Ltd. and changed its name to Hankook Tire … Read more
Hankook Tire Co. (161390) - Total Assets
Latest total assets as of September 2025: ₩26.71 Trillion KRW
Based on the latest financial reports, Hankook Tire Co. (161390) holds total assets worth ₩26.71 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.
Hankook Tire Co. - Total Assets Trend (2012–2024)
This chart illustrates how Hankook Tire Co.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hankook Tire Co. - Asset Composition Analysis
Current Asset Composition (December 2024)
Hankook Tire Co.'s total assets of ₩26.71 Trillion consist of 45.9% current assets and 54.1% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 11.9% |
| Accounts Receivable | ₩1.86 Trillion | 11.8% |
| Inventory | ₩2.38 Trillion | 15.0% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩89.60 Billion | 0.6% |
| Goodwill | ₩160.66 Billion | 1.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Hankook Tire Co.'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: Hankook Tire Co.'s current assets represent 45.9% of total assets in 2024, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2024, up from 6.8% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 15.0% of total assets.
Hankook Tire Co. Competitors by Total Assets
Key competitors of Hankook Tire Co. 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 |
Hankook Tire Co. - 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
Moderate asset utilization - Hankook Tire Co. generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Hankook Tire Co. generates $7.03 in net profit.
Hankook Tire Co. - 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 | 1.55 | 2.90 | 2.61 |
| Quick Ratio | 1.05 | 2.04 | 1.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩4.20 Trillion | ₩ 5.09 Trillion | ₩ 2.87 Trillion |
Hankook Tire Co. - Advanced Valuation Insights
This section examines the relationship between Hankook Tire Co.'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 | 0.74 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 24.2% |
| Total Assets | ₩15.85 Trillion |
| Market Capitalization | $2.60 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hankook Tire Co.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hankook Tire Co.'s assets grew by 24.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hankook Tire Co. (2012–2024)
The table below shows the annual total assets of Hankook Tire Co. from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩15.85 Trillion | +24.18% |
| 2023-12-31 | ₩12.76 Trillion | +1.45% |
| 2022-12-31 | ₩12.58 Trillion | +7.50% |
| 2021-12-31 | ₩11.70 Trillion | +9.81% |
| 2020-12-31 | ₩10.66 Trillion | +4.86% |
| 2019-12-31 | ₩10.16 Trillion | +3.76% |
| 2018-12-31 | ₩9.80 Trillion | +2.92% |
| 2017-12-31 | ₩9.52 Trillion | -1.07% |
| 2016-12-31 | ₩9.62 Trillion | +1.33% |
| 2015-12-31 | ₩9.50 Trillion | +14.14% |
| 2014-12-31 | ₩8.32 Trillion | +6.99% |
| 2013-12-31 | ₩7.78 Trillion | +8.27% |
| 2012-12-31 | ₩7.18 Trillion | -- |