SeAH Bestee (001430) - Net Assets
Based on the latest financial reports, SeAH Bestee (001430) has net assets worth ₩1.95 Trillion KRW (≈ $1.32 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩3.91 Trillion ≈ $2.65 Billion USD) and total liabilities (₩1.96 Trillion ≈ $1.33 Billion USD). 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. Check SeAH Bestee tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.95 Trillion |
| % of Total Assets | 49.89% |
| Annual Growth Rate | 2.88% |
| 5-Year Change | 2.44% |
| 10-Year Change | -2.07% |
| Growth Volatility | 9.8 |
SeAH Bestee - Net Assets Trend (2012–2025)
This chart illustrates how SeAH Bestee's net assets have evolved over time, based on quarterly financial data. See 001430 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SeAH Bestee (2012–2025)
The table below shows the annual net assets of SeAH Bestee from 2012 to 2025. For live valuation and market cap data, see SeAH Bestee stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.95 Trillion ≈ $1.32 Billion |
-3.86% |
| 2024-12-31 | ₩2.03 Trillion ≈ $1.38 Billion |
-0.37% |
| 2023-12-31 | ₩2.04 Trillion ≈ $1.38 Billion |
+3.41% |
| 2022-12-31 | ₩1.97 Trillion ≈ $1.34 Billion |
+3.43% |
| 2021-12-31 | ₩1.91 Trillion ≈ $1.29 Billion |
+11.24% |
| 2020-12-31 | ₩1.71 Trillion ≈ $1.16 Billion |
-13.58% |
| 2019-12-31 | ₩1.98 Trillion ≈ $1.34 Billion |
-0.60% |
| 2018-12-31 | ₩1.99 Trillion ≈ $1.35 Billion |
-5.14% |
| 2017-12-31 | ₩2.10 Trillion ≈ $1.43 Billion |
+5.46% |
| 2016-12-31 | ₩1.99 Trillion ≈ $1.35 Billion |
+4.05% |
| 2015-12-31 | ₩1.92 Trillion ≈ $1.30 Billion |
+27.44% |
| 2014-12-31 | ₩1.50 Trillion ≈ $1.02 Billion |
+11.42% |
| 2012-12-31 | ₩1.35 Trillion ≈ $914.68 Million |
-- |
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 52.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.27 Trillion | 65.11% |
| Other Components | ₩678.09 Billion | 34.89% |
| 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 |
|---|---|
|
Halo Microelectronics Co. Ltd. A
SHG:688173
|
$1.05 Billion |
|
Deluxe Corporation
NYSE:DLX
|
$1.05 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
$1.05 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
$1.05 Billion |
|
Country Garden Holdings Company Limited
F:DZJ
|
$1.05 Billion |
|
Yibin Tianyuan Group Co Ltd
SHE:002386
|
$1.05 Billion |
|
Hengtong Logistic Co Ltd
SHG:603223
|
$1.05 Billion |
|
Savara Inc
NASDAQ:SVRA
|
$1.05 Billion |
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 2024 to 2025, total equity changed from 1,939,752,530,390 to 1,943,429,767,140, a change of 3,677,236,750 (0.2%).
- Net income of 56,196,198,010 contributed positively to equity growth.
- Dividend payments of 38,540,626,200 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩56.20 Billion | +2.89% |
| Dividends Paid | ₩38.54 Billion | -1.98% |
| Other Changes | ₩-13.98 Billion | -0.72% |
| Total Change | ₩- | 0.19% |
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: 0.80x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩51588.13 | ₩43200.00 | x |
| 2018-12-31 | ₩52243.68 | ₩43200.00 | x |
| 2019-12-31 | ₩51897.33 | ₩43200.00 | x |
| 2020-12-31 | ₩45602.48 | ₩43200.00 | x |
| 2021-12-31 | ₩51165.20 | ₩43200.00 | x |
| 2022-12-31 | ₩52579.60 | ₩43200.00 | x |
| 2023-12-31 | ₩54525.33 | ₩43200.00 | x |
| 2024-12-31 | ₩54089.18 | ₩43200.00 | x |
| 2025-12-31 | ₩54191.72 | ₩43200.00 | 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): 2.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.54%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.01x
- Recent ROE (2.89%) is below the historical average (3.98%), 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 |
| 2025 | 2.89% | 1.54% | 0.93x | 2.01x | ₩-138.15 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: $718,892,146,932
- Average return on equity (ROE) among peers: 7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SeAH Bestee (001430) | ₩1.95 Trillion | 8.83% | 1.00x | $1.05 Billion |
| Korea Cast Pip (000970) | $255.10 Billion | 9.57% | 0.31x | $96.80 Million |
| Manho Rope&Wir (001080) | $145.98 Billion | 0.00% | 0.34x | $9.77 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $3.29 Trillion | 12.57% | 0.96x | $42.47 Million |
| Kisco Holdings (001940) | $562.00 Billion | 19.94% | 0.46x | $204.75 Million |
| Hanil Iron & S (002220) | $137.48 Billion | 2.80% | 0.39x | $82.69 Million |
| Kis Wire (002240) | $827.99 Billion | 13.17% | 0.70x | $353.66 Million |
| Dong Il Steel MFG Co Ltd (002690) | $129.80 Billion | 0.23% | 0.14x | $18.46 Million |
| Tcc Steel (002710) | $121.13 Billion | -1.25% | 1.53x | $225.61 Million |
| Seah Steel Corp (003030) | $1.00 Trillion | 9.61% | 1.02x | $364.18 Million |
About SeAH Bestee
SeAH Besteel Holdings Corporation manufactures and sells special steel products in South Korea, the rest of Asia, South America, North America, Oceania, Europe, and internationally. It operates through Special Steel and Aluminum Extrusion divisions. The company offers special steel products comprising rolled materials, forgings, and secondary processed materials; open-die forging products consist… Read more