Kisco Holdings
KISCO Holdings Corp., through its subsidiaries, develops, produces, and sells steel products primarily in South Korea. It offers reinforcing bars and billets; and produces and supplies oxygen, liquid nitrogen, and argon. KISCO Holdings Corp. was founded in 1957 and is headquartered in Changwon-si, South Korea.
Kisco Holdings (001940) - Net Assets
Latest net assets as of September 2025: ₩1.49 Trillion KRW
Based on the latest financial reports, Kisco Holdings (001940) has net assets worth ₩1.49 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 (₩1.63 Trillion) and total liabilities (₩134.23 Billion). 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 | ₩1.49 Trillion |
| % of Total Assets | 91.75% |
| Annual Growth Rate | 6.83% |
| 5-Year Change | 16.93% |
| 10-Year Change | 29.84% |
| Growth Volatility | 32.16 |
Kisco Holdings - Net Assets Trend (2002–2024)
This chart illustrates how Kisco Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kisco Holdings (2002–2024)
The table below shows the annual net assets of Kisco Holdings from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.56 Trillion | -2.39% |
| 2023-12-31 | ₩1.60 Trillion | +6.87% |
| 2022-12-31 | ₩1.50 Trillion | +5.31% |
| 2021-12-31 | ₩1.42 Trillion | +6.44% |
| 2020-12-31 | ₩1.33 Trillion | +0.55% |
| 2019-12-31 | ₩1.33 Trillion | +3.79% |
| 2018-12-31 | ₩1.28 Trillion | +1.61% |
| 2017-12-31 | ₩1.26 Trillion | -1.19% |
| 2016-12-31 | ₩1.27 Trillion | +5.98% |
| 2015-12-31 | ₩1.20 Trillion | +6.43% |
| 2014-12-31 | ₩1.13 Trillion | -0.55% |
| 2013-12-31 | ₩1.14 Trillion | +59.25% |
| 2012-12-31 | ₩713.07 Billion | +4.44% |
| 2011-12-31 | ₩682.73 Billion | -36.71% |
| 2010-12-31 | ₩1.08 Trillion | +4.37% |
| 2009-12-31 | ₩1.03 Trillion | +128.80% |
| 2008-12-31 | ₩451.75 Billion | -42.89% |
| 2007-12-31 | ₩791.07 Billion | +9.63% |
| 2006-12-31 | ₩721.58 Billion | +8.78% |
| 2005-12-31 | ₩663.32 Billion | +18.03% |
| 2004-12-31 | ₩562.00 Billion | +29.41% |
| 2003-12-31 | ₩434.28 Billion | +19.09% |
| 2002-12-31 | ₩364.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kisco Holdings'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 89317549736000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩893.18 Billion | 75.78% |
| Other Components | ₩285.50 Billion | 24.22% |
| Total Equity | ₩1.18 Trillion | 100.00% |
Kisco Holdings Competitors by Market Cap
The table below lists competitors of Kisco Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOLUF
OTCQX:TOLUF
|
$79.29 Million |
|
FFD Financial Corp
PINK:FFDF
|
$79.32 Million |
|
Phoenix Asia Holdings Limited Ordinary Shares
NASDAQ:PHOE
|
$79.34 Million |
|
Genic Co. Ltd
KQ:123330
|
$79.35 Million |
|
Nexen Corporation
KO:005720
|
$79.25 Million |
|
Posco C&C Stl
KO:058430
|
$79.25 Million |
|
Securitag Assembly Group Co Ltd
TWO:6417
|
$79.24 Million |
|
RideNow Group, Inc.
NASDAQ:RDNW
|
$79.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kisco Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,121,555,375,980 to 1,178,680,198,660, a change of 57,124,822,680 (5.1%).
- Net income of 32,413,349,110 contributed positively to equity growth.
- Dividend payments of 21,300,380,780 reduced retained earnings.
- Share repurchases of 18,523,781,850 reduced equity.
- Other factors increased equity by 64,535,636,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩32.41 Billion | +2.75% |
| Dividends Paid | ₩21.30 Billion | -1.81% |
| Share Repurchases | ₩18.52 Billion | -1.57% |
| Other Changes | ₩64.54 Billion | +5.48% |
| Total Change | ₩- | 5.09% |
Book Value vs Market Value Analysis
This analysis compares Kisco Holdings'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: 0.26x
- 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.
- The price-to-book ratio has decreased from 0.50x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩49695.20 | ₩24600.00 | x |
| 2018-12-31 | ₩50920.27 | ₩24600.00 | x |
| 2019-12-31 | ₩53446.12 | ₩24600.00 | x |
| 2020-12-31 | ₩56231.26 | ₩24600.00 | x |
| 2021-12-31 | ₩68463.04 | ₩24600.00 | x |
| 2022-12-31 | ₩75645.21 | ₩24600.00 | x |
| 2023-12-31 | ₩83819.86 | ₩24600.00 | x |
| 2024-12-31 | ₩93327.85 | ₩24600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kisco Holdings 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): 2.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.20%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.45x
- Recent ROE (2.75%) is below the historical average (8.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.58% | 2.79% | 0.81x | 2.03x | ₩-18.63 Billion |
| 2003 | 17.48% | 7.53% | 1.40x | 1.66x | ₩30.28 Billion |
| 2004 | 21.66% | 10.01% | 1.37x | 1.58x | ₩60.31 Billion |
| 2005 | 15.86% | 9.39% | 1.13x | 1.50x | ₩36.01 Billion |
| 2006 | 10.22% | 6.29% | 1.14x | 1.43x | ₩1.45 Billion |
| 2007 | 9.35% | 5.94% | 1.03x | 1.52x | ₩-4.83 Billion |
| 2008 | 35.90% | 18.64% | 1.29x | 1.49x | ₩99.99 Billion |
| 2009 | 11.32% | 3.68% | 1.13x | 2.73x | ₩6.49 Billion |
| 2010 | 4.44% | 1.54% | 1.07x | 2.69x | ₩-28.51 Billion |
| 2012 | 4.69% | 5.10% | 0.75x | 1.22x | ₩-34.32 Billion |
| 2013 | 1.91% | 0.95% | 0.96x | 2.08x | ₩-53.61 Billion |
| 2014 | 0.78% | 0.44% | 0.84x | 2.10x | ₩-60.50 Billion |
| 2015 | 6.20% | 4.02% | 0.77x | 2.00x | ₩-26.78 Billion |
| 2016 | 6.12% | 4.34% | 0.71x | 1.99x | ₩-29.07 Billion |
| 2017 | 1.69% | 1.05% | 0.82x | 1.96x | ₩-63.14 Billion |
| 2018 | 3.26% | 1.93% | 0.85x | 1.98x | ₩-52.53 Billion |
| 2019 | 5.44% | 3.76% | 0.76x | 1.90x | ₩-37.25 Billion |
| 2020 | 4.09% | 3.24% | 0.68x | 1.86x | ₩-49.81 Billion |
| 2021 | 11.99% | 7.19% | 0.94x | 1.78x | ₩18.87 Billion |
| 2022 | 7.61% | 4.41% | 1.04x | 1.66x | ₩-25.01 Billion |
| 2023 | 8.12% | 5.90% | 0.86x | 1.61x | ₩-21.12 Billion |
| 2024 | 2.75% | 3.20% | 0.59x | 1.45x | ₩-85.45 Billion |
Industry Comparison
This section compares Kisco Holdings's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,733,326,908,828
- Average return on equity (ROE) among peers: 3.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kisco Holdings (001940) | ₩1.49 Trillion | 4.58% | 0.09x | $79.26 Million |
| Korea Cast Pip (000970) | $355.99 Billion | 3.83% | 0.21x | $55.50 Million |
| Manho Rope&Wir (001080) | $230.12 Billion | 1.16% | 0.10x | $6.41 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $3.29 Trillion | 12.57% | 0.96x | $75.78 Million |
| SeAH Bestee (001430) | $2.03 Trillion | 1.00% | 0.88x | $632.42 Million |
| Hanil Iron & S (002220) | $132.60 Billion | 0.00% | 0.47x | $27.29 Million |
| Kis Wire (002240) | $1.26 Trillion | 3.37% | 0.44x | $134.30 Million |
| Dong Il Steel MFG Co Ltd (002690) | $128.43 Billion | 5.12% | 0.13x | $7.07 Million |
| Tcc Steel (002710) | $140.22 Billion | 0.68% | 1.08x | $166.70 Million |
| Hyundai Steel (004020) | $17.04 Trillion | 4.20% | 0.96x | $2.13 Billion |