Hanil Iron & S Net Assets

Latest as of September 2025: ₩167.59 Billion KRW ≈ $113.57 Million USD

Hanil Iron & S net assets. Based on the latest financial reports, Hanil Iron & S (002220) has net assets worth ₩167.59 Billion KRW (≈ $113.57 Million USD) 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 ≈ $233.97 Million USD) and total liabilities (₩177.66 Billion ≈ $120.40 Million 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. Also explore Hanil Iron & S equity growth rate to track the company's year-over-year net asset growth rate.

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

Net Assets of Hanil Iron & S (2003–2024)

Net assets of Hanil Iron & S from 2003 to 2024. This chart illustrates how Hanil Iron & S's net assets have evolved over time, based on quarterly financial data. See 002220 equity financing ratio to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see Hanil Iron & S stock valuation.

Year	Net Assets	Change
2024-12-31	₩168.45 Billion ≈ $114.16 Million	-2.95%
2023-12-31	₩173.57 Billion ≈ $117.63 Million	-0.55%
2022-12-31	₩174.53 Billion ≈ $118.28 Million	-1.82%
2021-12-31	₩177.76 Billion ≈ $120.47 Million	+19.48%
2020-12-31	₩148.78 Billion ≈ $100.83 Million	-0.18%
2019-12-31	₩149.06 Billion ≈ $101.01 Million	-7.63%
2018-12-31	₩161.36 Billion ≈ $109.35 Million	-1.66%
2017-12-31	₩164.09 Billion ≈ $111.20 Million	+5.74%
2016-12-31	₩155.18 Billion ≈ $105.16 Million	+2.82%
2015-12-31	₩150.93 Billion ≈ $102.28 Million	-7.43%
2014-12-31	₩163.04 Billion ≈ $110.49 Million	-2.08%
2013-12-31	₩166.50 Billion ≈ $112.84 Million	+2.33%
2012-12-31	₩162.71 Billion ≈ $110.26 Million	-7.97%
2011-12-31	₩176.80 Billion ≈ $119.82 Million	-31.03%
2010-12-31	₩256.37 Billion ≈ $173.74 Million	-4.12%
2009-12-31	₩267.37 Billion ≈ $181.19 Million	+29.63%
2008-12-31	₩206.25 Billion ≈ $139.77 Million	+40.51%
2007-12-31	₩146.79 Billion ≈ $99.48 Million	+6.77%
2006-12-31	₩137.48 Billion ≈ $93.17 Million	+3.68%
2005-12-31	₩132.60 Billion ≈ $89.86 Million	-5.66%
2004-12-31	₩140.55 Billion ≈ $95.25 Million	+19.06%
2003-12-31	₩118.05 Billion ≈ $80.00 Million	--

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.

Hanil Iron & S Net Assets Breakdown (December 2024)

Hanil Iron & S net assets breakdown by equity component as of 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
Endurance Gold Corp V:EDG	$45.91 Million
Iris Business Services Limited NSE:IRIS	$45.93 Million
SK Innovation Co Ltd Pref KO:096775	$45.94 Million
Glaston Oyj Abp HE:GLA1V	$45.94 Million
Siam Steel Service Center Public Company Limited BK:SSSC	$45.88 Million
Dr. Hönle AG F:HNL	$45.83 Million
Lake Resources N.L. AU:LKE	$45.83 Million
Plastiblends India Limited NSE:PLASTIBLEN	$45.81 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: 0.41x
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	₩8929.38	₩2780.00	x
2018-12-31	₩7949.19	₩2780.00	x
2019-12-31	₩7359.13	₩2780.00	x
2020-12-31	₩6507.87	₩2780.00	x
2021-12-31	₩7201.10	₩2780.00	x
2022-12-31	₩7065.07	₩2780.00	x
2023-12-31	₩7010.30	₩2780.00	x
2024-12-31	₩6761.32	₩2780.00	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: $953,376,819,343
Average return on equity (ROE) among peers: 5.15%

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	$45.88 Million
Korea Cast Pip (000970)	$350.66 Billion	3.43%	0.21x	$91.84 Million
Manho Rope&Wir (001080)	$159.52 Billion	0.00%	0.16x	$8.28 Million
Dongkuk Steel Mill Co Ltd (001230)	$1.78 Trillion	12.66%	0.36x	$193.70 Million
SeAH Bestee (001430)	$1.97 Trillion	4.61%	0.94x	$699.93 Million
Kisco Holdings (001940)	$1.13 Trillion	0.45%	0.22x	$221.28 Million
Kis Wire (002240)	$1.48 Trillion	0.67%	0.59x	$271.19 Million
Dong Il Steel MFG Co Ltd (002690)	$131.30 Billion	1.04%	0.14x	$16.89 Million
Tcc Steel (002710)	$226.00 Billion	0.06%	1.42x	$174.80 Million
Seah Steel Corp (003030)	$1.35 Trillion	23.40%	0.81x	$271.35 Million

About Hanil Iron & S

KO:002220 Korea Steel

Market Cap

$45.88 Million

₩67.70 Billion KRW

Market Cap Rank

#22039 Global

#1366 in Korea

Share Price

₩2780.00

Change (1 day)

-2.28%

52-Week Range

₩2550.00 - ₩5900.00

All Time High

₩5970.03