HWASHIN CO.,LTD: debt-to-equity, ROE and more
KOSPI, Legal name HWASHIN CO.,LTD
Latest figures are the FY2025 consolidated summary statements.
Latest fiscal year ratios (computed here)
- Debt/equity
- 172.9%
- Equity ratio
- 36.6%
- ROE
- 11.7%
- Op. margin
- 5.2%
- Rev. growth
- 14.6%
- Interest coverage
- n/a
Condition flags
- Operating profit for 5 straight years.
- Total equity is above paid-in capital. Not capital-impaired.
Interest coverage and dividends (OpenDART)
Interest expense and dividends come from DART's OpenDART annual-report filings, not the FSC summary statements used above. The source differs from the other tables on this page.
Interest coverage = operating profit ÷ interest expenseNo interest expense value yet for this company. Most companies fold interest expense into a single finance-costs line on their income statement, so it cannot be pulled out separately. Interest coverage is not computed here.
Dividends, last 3 fiscal years
| Fiscal year | Cash dividend per share | Payout ratio |
|---|---|---|
| 2025 | ₩170 | 8.9% |
| 2024 | ₩150 | 9.7% |
| 2023 | ₩150 | 6.7% |
Cash dividends for 3 straight years (only the 3 years OpenDART returns).
Source values from the OpenDART (금융감독원 전자공시) annual report. Report fiscal year 2025.
Ratios by year (computed here)
Debt-to-equity = total liabilities ÷ total equity × 100Equity ratio = total equity ÷ total assets × 100ROE = net income ÷ year-end total equity × 100Operating margin = operating profit ÷ revenue × 100Revenue growth = (this year − last year) ÷ last year × 100
Computed from the source figures above with these formulas. Where the source's own debt-to-equity differs from ours, both are shown for that year.
| Fiscal year | Debt/equity | Equity ratio | ROE | Op. margin | Rev. growth |
|---|---|---|---|---|---|
| FY2021 consolidated | 201.9% | 33.1% | 8.4% | 2.0% | n/a |
| FY2022 consolidated | 181.5% | 35.5% | 20.8% | 5.2% | 36.7% |
| FY2023 consolidated | 168.9% | 37.2% | 17.4% | 4.6% | 6.7% |
| FY2024 consolidated | 155.4% | 39.1% | 10.4% | 3.8% | -5.0% |
| FY2025 consolidated | 172.9% | 36.6% | 11.7% | 5.2% | 14.6% |
Source figures (FSC summary statements)
Amounts are the source values, shortened. A cell reported as zero may be blank in the source, so it is not used in any ratio.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | ₩1.24T | ₩1.69T | ₩1.80T | ₩1.71T | ₩1.96T |
| Operating profit | ₩24.2B | ₩87.4B | ₩83.7B | ₩65.3B | ₩102.4B |
| Pre-tax income | ₩31.5B | ₩95.1B | ₩84.6B | ₩75.8B | ₩82.1B |
| Net income | ₩24.4B | ₩74.2B | ₩77.3B | ₩53.6B | ₩66.7B |
| Total assets | ₩870.8B | ₩1.00T | ₩1.20T | ₩1.32T | ₩1.56T |
| Total liabilities | ₩582.3B | ₩647.8B | ₩751.8B | ₩804.2B | ₩987.8B |
| Total equity | ₩288.4B | ₩356.9B | ₩445.1B | ₩517.4B | ₩571.3B |
| Paid-in capital | ₩17.5B | ₩17.5B | ₩17.5B | ₩17.5B | ₩17.5B |
| Debt/equity (source value) | 201.9% | 181.5% | 168.9% | 155.4% | 172.9% |
Company outline (FSC)
- Market
- KOSPI
- Fiscal year end
- Dec
- Founded
- 1974-07-01
- Listed
- 94/01/14
- Employees
- 1,010
- Auditor
- 삼덕회계법인
- Audit opinion
- 적정의견
- Corporate reg. no.
- 1701110014936
- Outline updated
- 2026-09-24
Check the original filings
Read the annual report and audit report before you decide anything. The link opens a DART search for this company's name.
Search DART for 화신Computed from the Financial Services Commission's company outline and summary statements (data.go.kr). Data as of 2026-09-24.