Hwaseung Corporation CO., LTD: debt-to-equity, ROE and more
KOSPI, Legal name Hwaseung Corporation CO., LTD
Latest figures are the FY2025 consolidated summary statements.
Latest fiscal year ratios (computed here)
- Debt/equity
- 194.4%
- Equity ratio
- 34.0%
- ROE
- 24.6%
- Op. margin
- 5.1%
- Rev. growth
- n/a
- 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 | ₩75 | 4.5% |
| 2024 | ₩75 | 12.5% |
| 2023 | ₩50 | 64.0% |
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 | 485.1% | 17.1% | -19.1% | n/a | n/a |
| FY2022 consolidated | 369.8% | 21.3% | 6.2% | n/a | n/a |
| FY2023 consolidated | 326.8% | 23.4% | 12.3% | n/a | n/a |
| FY2024 consolidated | 255.9% | 28.1% | 16.6% | n/a | n/a |
| FY2025 consolidated | 194.4% | 34.0% | 24.6% | 5.1% | n/a |
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 | 0 | 0 | 0 | 0 | ₩1.64T |
| Operating profit | ₩10.2B | ₩43.2B | ₩78.2B | ₩88.7B | ₩83.1B |
| Pre-tax income | -₩33.6B | ₩31.8B | ₩50.2B | ₩79.2B | ₩68.3B |
| Net income | -₩37.7B | ₩15.7B | ₩33.2B | ₩59.9B | ₩103.1B |
| Total assets | ₩1.16T | ₩1.18T | ₩1.15T | ₩1.29T | ₩1.23T |
| Total liabilities | ₩957.8B | ₩926.6B | ₩884.0B | ₩926.5B | ₩813.9B |
| Total equity | ₩197.4B | ₩250.6B | ₩270.5B | ₩362.0B | ₩418.7B |
| Paid-in capital | ₩25.0B | ₩25.0B | ₩25.0B | ₩25.0B | ₩25.0B |
| Debt/equity (source value) | 485.1% | 369.8% | 326.8% | 255.9% | 194.4% |
Company outline (FSC)
- Market
- KOSPI
- Fiscal year end
- Dec
- Founded
- 1978-09-15
- Listed
- 91/02/22
- Employees
- 560
- Auditor
- 도원회계법인
- Audit opinion
- 적정의견
- Corporate reg. no.
- 1845110001252
- 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 화승코퍼레이션Computed from the Financial Services Commission's company outline and summary statements (data.go.kr). Data as of 2026-09-24.