Hanil Forging Industrial Co. Ltd
Hanil Forging Industrial Co., Ltd. produces and supplies automobile components in South Korea and internationally. The company provides axle shafts, spindles, ring gears, hammer forgings, and aluminum forgings for use in SUVs, trucks, buses, trailers, electric trains, ships, aircrafts, and passenger cars, as well as in industrial machinery. It also offers defense industrial products, which are us… Read more
Hanil Forging Industrial Co. Ltd (024740) - Total Assets
Latest total assets as of September 2025: ₩261.38 Billion KRW
Based on the latest financial reports, Hanil Forging Industrial Co. Ltd (024740) holds total assets worth ₩261.38 Billion 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.
Hanil Forging Industrial Co. Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Hanil Forging Industrial Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hanil Forging Industrial Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hanil Forging Industrial Co. Ltd's total assets of ₩261.38 Billion consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩32.48 Billion | 0.0% |
| Accounts Receivable | ₩25.36 Billion | 9.6% |
| Inventory | ₩45.99 Billion | 17.4% |
| Property, Plant & Equipment | ₩97.06 Billion | 36.6% |
| Intangible Assets | ₩518.32 Million | 0.2% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Hanil Forging Industrial 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hanil Forging Industrial Co. Ltd's current assets represent 57.4% of total assets in 2024, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 4.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is property, plant & equipment at 36.6% of total assets.
Hanil Forging Industrial Co. Ltd Competitors by Total Assets
Key competitors of Hanil Forging Industrial Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Atlas Honda Ltd
KAR:ATLH
|
Pakistan | PKRs69.11 Billion |
|
CBI Co. Ltd
KQ:013720
|
Korea | ₩88.41 Billion |
|
Ilji Technology Co. Ltd
KQ:019540
|
Korea | ₩627.72 Billion |
|
CNH Co. Ltd
KQ:023460
|
Korea | ₩325.95 Billion |
|
ESTec Corporation
KQ:069510
|
Korea | ₩348.07 Billion |
|
HRS Co. Ltd
KQ:036640
|
Korea | ₩142.83 Billion |
|
Ecoplastic Corporation
KQ:038110
|
Korea | ₩1.56 Trillion |
|
Saedong Co.Ltd
KQ:053060
|
Korea | ₩131.12 Billion |
Hanil Forging Industrial Co. Ltd - 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 - Hanil Forging Industrial Co. Ltd generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hanil Forging Industrial Co. Ltd generates $ 2.35 in net profit.
Hanil Forging Industrial 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 | 1.31 | 1.06 | 0.76 |
| Quick Ratio | 0.88 | 0.67 | 0.48 |
| Cash Ratio | 0.00 | 0.22 | 0.00 |
| Working Capital | ₩34.81 Billion | ₩ 6.50 Billion | ₩ -25.82 Billion |
Hanil Forging Industrial Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Hanil Forging Industrial 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 | 0.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.9% |
| Total Assets | ₩264.97 Billion |
| Market Capitalization | $43.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hanil Forging Industrial Co. Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hanil Forging Industrial Co. Ltd's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hanil Forging Industrial Co. Ltd (2008–2024)
The table below shows the annual total assets of Hanil Forging Industrial Co. Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩264.97 Billion | +2.86% |
| 2023-12-31 | ₩257.61 Billion | -0.23% |
| 2022-12-31 | ₩258.21 Billion | +15.27% |
| 2021-12-31 | ₩224.01 Billion | -3.99% |
| 2020-12-31 | ₩233.33 Billion | -0.06% |
| 2019-12-31 | ₩233.46 Billion | +2.54% |
| 2018-12-31 | ₩227.67 Billion | -1.51% |
| 2017-12-31 | ₩231.16 Billion | +14.89% |
| 2016-12-31 | ₩201.21 Billion | -1.20% |
| 2015-12-31 | ₩203.65 Billion | -1.51% |
| 2014-12-31 | ₩206.78 Billion | +1.91% |
| 2013-12-31 | ₩202.91 Billion | -3.77% |
| 2012-12-31 | ₩210.87 Billion | +4.49% |
| 2011-12-31 | ₩201.81 Billion | +21.00% |
| 2010-12-31 | ₩166.78 Billion | +26.01% |
| 2009-12-31 | ₩132.36 Billion | +44.54% |
| 2008-12-31 | ₩91.57 Billion | -- |