SeAH Bestee
SeAH Besteel Holdings Corporation engages in the manufacture and sale of special steel, heavy forgings, auto parts, and axles in South Korea. It offers special steel products for engine, transmission, and chassis, as well as spring and bearing steel for automobiles; steel for hydraulic breakers and rock drill machines, as well as tool steel/plastic mold steel for construction/industrial machinery… Read more
SeAH Bestee (001430) - Net Assets
Latest net assets as of September 2025: ₩1.94 Trillion KRW
Based on the latest financial reports, SeAH Bestee (001430) has net assets worth ₩1.94 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩3.89 Trillion) and total liabilities (₩1.95 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.94 Trillion |
| % of Total Assets | 49.9% |
| Annual Growth Rate | 3.47% |
| 5-Year Change | 18.54% |
| 10-Year Change | 5.99% |
| Growth Volatility | 9.96 |
SeAH Bestee - Net Assets Trend (2012–2024)
This chart illustrates how SeAH Bestee's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SeAH Bestee (2012–2024)
The table below shows the annual net assets of SeAH Bestee from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.03 Trillion | -0.37% |
| 2023-12-31 | ₩2.04 Trillion | +3.41% |
| 2022-12-31 | ₩1.97 Trillion | +3.43% |
| 2021-12-31 | ₩1.91 Trillion | +11.24% |
| 2020-12-31 | ₩1.71 Trillion | -13.58% |
| 2019-12-31 | ₩1.98 Trillion | -0.60% |
| 2018-12-31 | ₩1.99 Trillion | -5.14% |
| 2017-12-31 | ₩2.10 Trillion | +5.46% |
| 2016-12-31 | ₩1.99 Trillion | +4.05% |
| 2015-12-31 | ₩1.92 Trillion | +27.44% |
| 2014-12-31 | ₩1.50 Trillion | +11.42% |
| 2012-12-31 | ₩1.35 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SeAH Bestee's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 51.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.26 Trillion | 65.14% |
| Other Components | ₩676.15 Billion | 34.86% |
| Total Equity | ₩1.94 Trillion | 100.00% |
SeAH Bestee Competitors by Market Cap
The table below lists competitors of SeAH Bestee ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
No Va Land Investment Group Corp
VN:NVL
|
$634.30 Million |
|
Vardhman Textiles Limited
NSE:VTL
|
$634.50 Million |
|
Elmos Semiconductor SE
PINK:ELTTF
|
$634.53 Million |
|
Nanjing Xinlian Electronics Co Ltd
SHE:002546
|
$634.85 Million |
|
Galiano Gold Inc
NYSE MKT:GAU
|
$634.13 Million |
|
Lightwave Logic Inc
NASDAQ:LWLG
|
$634.08 Million |
|
Compania Cervecerias Unidas SA
SN:CCU
|
$633.99 Million |
|
HIAG Immobilien Holding AG
SW:HIAG
|
$633.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SeAH Bestee's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,955,393,700,400 to 1,939,752,530,390, a change of -15,641,170,010 (-0.8%).
- Net income of 20,236,627,790 contributed positively to equity growth.
- Dividend payments of 37,494,601,660 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.24 Billion | +1.04% |
| Dividends Paid | ₩37.49 Billion | -1.93% |
| Other Changes | ₩1.62 Billion | +0.08% |
| Total Change | ₩- | -0.80% |
Book Value vs Market Value Analysis
This analysis compares SeAH Bestee's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩51588.13 | ₩68200.00 | x |
| 2018-12-31 | ₩52243.68 | ₩68200.00 | x |
| 2019-12-31 | ₩51897.33 | ₩68200.00 | x |
| 2020-12-31 | ₩45602.48 | ₩68200.00 | x |
| 2021-12-31 | ₩51165.20 | ₩68200.00 | x |
| 2022-12-31 | ₩52579.60 | ₩68200.00 | x |
| 2023-12-31 | ₩54525.33 | ₩68200.00 | x |
| 2024-12-31 | ₩54089.18 | ₩68200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SeAH Bestee utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.56%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.97x
- Recent ROE (1.04%) is below the historical average (4.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.83% | 5.43% | 1.02x | 1.60x | ₩-15.79 Billion |
| 2014 | 8.22% | 5.62% | 0.91x | 1.62x | ₩-26.70 Billion |
| 2015 | 10.24% | 5.97% | 0.70x | 2.44x | ₩3.59 Billion |
| 2016 | 5.10% | 3.50% | 0.72x | 2.04x | ₩-85.08 Billion |
| 2017 | 6.90% | 4.15% | 0.85x | 1.96x | ₩-56.93 Billion |
| 2018 | 1.13% | 0.64% | 0.88x | 2.00x | ₩-164.97 Billion |
| 2019 | 0.93% | 0.58% | 0.83x | 1.94x | ₩-167.52 Billion |
| 2020 | -15.17% | -9.70% | 0.77x | 2.02x | ₩-408.00 Billion |
| 2021 | 10.22% | 5.09% | 1.04x | 1.94x | ₩4.07 Billion |
| 2022 | 4.82% | 2.07% | 1.15x | 2.03x | ₩-97.59 Billion |
| 2023 | 6.56% | 3.14% | 1.11x | 1.87x | ₩-67.28 Billion |
| 2024 | 1.04% | 0.56% | 0.95x | 1.97x | ₩-173.74 Billion |
Industry Comparison
This section compares SeAH Bestee's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $842,021,826,896
- Average return on equity (ROE) among peers: 3.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SeAH Bestee (001430) | ₩1.94 Trillion | 8.83% | 1.00x | $634.28 Million |
| Korea Cast Pip (000970) | $208.70 Billion | 2.82% | 0.40x | $54.93 Million |
| Manho Rope&Wir (001080) | $249.99 Billion | 1.17% | 0.10x | $6.38 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $2.03 Trillion | -14.66% | 1.82x | $74.34 Million |
| Hanil Iron & S (002220) | $132.60 Billion | 0.00% | 0.47x | $27.57 Million |
| Kis Wire (002240) | $452.09 Billion | 8.63% | 0.53x | $130.32 Million |
| Dong Il Steel MFG Co Ltd (002690) | $129.80 Billion | 0.23% | 0.14x | $7.05 Million |
| Tcc Steel (002710) | $141.62 Billion | 5.11% | 1.26x | $167.65 Million |
| Seah Steel Corp (003030) | $601.59 Billion | 19.65% | 1.47x | $168.76 Million |
| Hyundai Steel (004020) | $3.63 Trillion | 12.98% | 1.05x | $2.03 Billion |