Hanil Iron & S
Hanil Iron & Steel Co., Ltd manufactures and sells steel products in South Korea. The company offers steel plates and pipes, section steels, and others. It is also involved in rental and sale of construction and civil engineering equipment. In addition, the company engages in warehousing and cargo transportation businesses. Hanil Iron & Steel Co., Ltd was founded in 1957 and is headquartered in S… Read more
Hanil Iron & S (002220) - Net Assets
Latest net assets as of September 2025: ₩167.59 Billion KRW
Based on the latest financial reports, Hanil Iron & S (002220) has net assets worth ₩167.59 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩345.25 Billion) and total liabilities (₩177.66 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 | ₩167.59 Billion |
| % of Total Assets | 48.54% |
| Annual Growth Rate | 1.71% |
| 5-Year Change | 13.22% |
| 10-Year Change | 11.61% |
| Growth Volatility | 14.51 |
Hanil Iron & S - Net Assets Trend (2003–2024)
This chart illustrates how Hanil Iron & S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hanil Iron & S (2003–2024)
The table below shows the annual net assets of Hanil Iron & S from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩168.45 Billion | -2.95% |
| 2023-12-31 | ₩173.57 Billion | -0.55% |
| 2022-12-31 | ₩174.53 Billion | -1.82% |
| 2021-12-31 | ₩177.76 Billion | +19.48% |
| 2020-12-31 | ₩148.78 Billion | -0.18% |
| 2019-12-31 | ₩149.06 Billion | -7.63% |
| 2018-12-31 | ₩161.36 Billion | -1.66% |
| 2017-12-31 | ₩164.09 Billion | +5.74% |
| 2016-12-31 | ₩155.18 Billion | +2.82% |
| 2015-12-31 | ₩150.93 Billion | -7.43% |
| 2014-12-31 | ₩163.04 Billion | -2.08% |
| 2013-12-31 | ₩166.50 Billion | +2.33% |
| 2012-12-31 | ₩162.71 Billion | -7.97% |
| 2011-12-31 | ₩176.80 Billion | -31.03% |
| 2010-12-31 | ₩256.37 Billion | -4.12% |
| 2009-12-31 | ₩267.37 Billion | +29.63% |
| 2008-12-31 | ₩206.25 Billion | +40.51% |
| 2007-12-31 | ₩146.79 Billion | +6.77% |
| 2006-12-31 | ₩137.48 Billion | +3.68% |
| 2005-12-31 | ₩132.60 Billion | -5.66% |
| 2004-12-31 | ₩140.55 Billion | +19.06% |
| 2003-12-31 | ₩118.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanil Iron & S'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 13967254180000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩139.67 Billion | 84.82% |
| Other Components | ₩24.99 Billion | 15.18% |
| Total Equity | ₩164.66 Billion | 100.00% |
Hanil Iron & S Competitors by Market Cap
The table below lists competitors of Hanil Iron & S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quantum-Si incorporated
NASDAQ:QSIAW
|
$27.57 Million |
|
Traphaco JSC
VN:TRA
|
$27.57 Million |
|
Natura City Developments Tbk PT
JK:CITY
|
$27.57 Million |
|
Abcourt Mines Inc
OTCQB:ABMBF
|
$27.58 Million |
|
Goodyear Lastikleri TAS
IS:GOODY
|
$27.56 Million |
|
BOS Better Online Solutions
NASDAQ:BOSC
|
$27.56 Million |
|
Molinos Rio de la Plata S.A.
PINK:MOPLF
|
$27.55 Million |
|
Averlogic Technologies
TWO:6198
|
$27.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanil Iron & S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 170,727,108,550 to 164,663,513,830, a change of -6,063,594,720 (-3.6%).
- Net loss of 5,258,851,480 reduced equity.
- Dividend payments of 730,612,200 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.26 Billion | -3.19% |
| Dividends Paid | ₩730.61 Million | -0.44% |
| Other Changes | ₩-74.13 Million | -0.05% |
| Total Change | ₩- | -3.55% |
Book Value vs Market Value Analysis
This analysis compares Hanil Iron & S'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: 0.59x
- 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 increased from 0.45x to 0.59x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩8929.38 | ₩3985.00 | x |
| 2018-12-31 | ₩7949.19 | ₩3985.00 | x |
| 2019-12-31 | ₩7359.13 | ₩3985.00 | x |
| 2020-12-31 | ₩6507.87 | ₩3985.00 | x |
| 2021-12-31 | ₩7201.10 | ₩3985.00 | x |
| 2022-12-31 | ₩7065.07 | ₩3985.00 | x |
| 2023-12-31 | ₩7010.30 | ₩3985.00 | x |
| 2024-12-31 | ₩6761.32 | ₩3985.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanil Iron & S 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): -3.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.55%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.07x
- Recent ROE (-3.19%) is below the historical average (1.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 10.50% | 4.60% | 1.09x | 2.09x | ₩391.95 Million |
| 2004 | 17.09% | 6.55% | 1.24x | 2.11x | ₩6.42 Billion |
| 2006 | 4.37% | 2.18% | 0.92x | 2.18x | ₩-4.95 Billion |
| 2009 | 1.63% | 1.16% | 0.41x | 3.39x | ₩-13.70 Billion |
| 2010 | 0.91% | 0.53% | 0.50x | 3.40x | ₩-14.92 Billion |
| 2011 | 1.08% | 1.05% | 0.46x | 2.25x | ₩-14.97 Billion |
| 2013 | 2.69% | 3.04% | 0.45x | 1.94x | ₩-11.84 Billion |
| 2014 | -2.69% | -3.32% | 0.41x | 1.99x | ₩-20.10 Billion |
| 2015 | -8.19% | -10.75% | 0.33x | 2.33x | ₩-26.74 Billion |
| 2016 | 3.35% | 4.57% | 0.37x | 1.98x | ₩-10.09 Billion |
| 2017 | 5.98% | 6.19% | 0.49x | 1.98x | ₩-6.48 Billion |
| 2018 | -4.70% | -4.43% | 0.54x | 1.97x | ₩-23.34 Billion |
| 2019 | -7.26% | -6.17% | 0.54x | 2.17x | ₩-25.38 Billion |
| 2020 | -3.31% | -3.09% | 0.53x | 2.01x | ₩-19.52 Billion |
| 2021 | 14.57% | 10.28% | 0.73x | 1.93x | ₩8.02 Billion |
| 2022 | -0.87% | -0.59% | 0.75x | 1.97x | ₩-18.71 Billion |
| 2023 | 0.00% | 0.00% | 0.65x | 1.94x | ₩-17.07 Billion |
| 2024 | -3.19% | -2.55% | 0.60x | 2.07x | ₩-21.73 Billion |
Industry Comparison
This section compares Hanil Iron & S's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,053,849,522,021
- Average return on equity (ROE) among peers: 4.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanil Iron & S (002220) | ₩167.59 Billion | 10.50% | 1.06x | $27.57 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 |
| SeAH Bestee (001430) | $2.04 Trillion | 6.29% | 0.80x | $634.28 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 |