Kis Wire
Kiswire Ltd. engages in the manufacture and sale of steel wires worldwide. The company offers oil-tempered wires for engine valve, clutch, pump and generator, air compression equipment, auto suspension, shutter, shock absorber, industrial machine, and garage door springs; and spring torsion bars, screens, hoods, mines, etc., as well as flat and shaped wire for die, wave, regulator, and seat retur… Read more
Kis Wire (002240) - Net Assets
Latest net assets as of September 2025: ₩1.94 Trillion KRW
Based on the latest financial reports, Kis Wire (002240) 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 (₩2.63 Trillion) and total liabilities (₩686.56 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 | ₩1.94 Trillion |
| % of Total Assets | 73.9% |
| Annual Growth Rate | 6.45% |
| 5-Year Change | 31.73% |
| 10-Year Change | 32.35% |
| Growth Volatility | 7.05 |
Kis Wire - Net Assets Trend (2000–2024)
This chart illustrates how Kis Wire's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kis Wire (2000–2024)
The table below shows the annual net assets of Kis Wire from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.93 Trillion | +7.35% |
| 2023-12-31 | ₩1.80 Trillion | +3.92% |
| 2022-12-31 | ₩1.73 Trillion | +5.46% |
| 2021-12-31 | ₩1.64 Trillion | +11.97% |
| 2020-12-31 | ₩1.46 Trillion | -1.28% |
| 2019-12-31 | ₩1.48 Trillion | +1.70% |
| 2018-12-31 | ₩1.46 Trillion | -0.08% |
| 2017-12-31 | ₩1.46 Trillion | -1.62% |
| 2016-12-31 | ₩1.48 Trillion | +1.81% |
| 2015-12-31 | ₩1.46 Trillion | -2.18% |
| 2014-12-31 | ₩1.49 Trillion | +17.12% |
| 2013-12-31 | ₩1.27 Trillion | +0.94% |
| 2012-12-31 | ₩1.26 Trillion | -1.00% |
| 2011-12-31 | ₩1.27 Trillion | +21.55% |
| 2010-12-31 | ₩1.05 Trillion | +11.55% |
| 2009-12-31 | ₩937.96 Billion | +13.28% |
| 2008-12-31 | ₩827.99 Billion | +23.97% |
| 2007-12-31 | ₩667.93 Billion | +7.35% |
| 2006-12-31 | ₩622.18 Billion | +0.69% |
| 2005-12-31 | ₩617.89 Billion | +7.92% |
| 2004-12-31 | ₩572.55 Billion | +7.09% |
| 2003-12-31 | ₩534.63 Billion | +11.27% |
| 2002-12-31 | ₩480.47 Billion | +6.28% |
| 2001-12-31 | ₩452.09 Billion | +5.24% |
| 2000-12-31 | ₩429.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kis Wire'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 165124185177000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.65 Trillion | 92.67% |
| Other Components | ₩130.56 Billion | 7.33% |
| Total Equity | ₩1.78 Trillion | 100.00% |
Kis Wire Competitors by Market Cap
The table below lists competitors of Kis Wire ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioPorto A/S
PINK:THOXF
|
$130.33 Million |
|
Locaweb Serviços de Internet S.A.
SA:LWSA3
|
$130.33 Million |
|
Innova Captab Limited
NSE:INNOVACAP
|
$130.37 Million |
|
Zalaris ASA
OL:ZAL
|
$130.41 Million |
|
Camlin Fine Sciences Limited
NSE:CAMLINFINE
|
$130.29 Million |
|
CCFNB Bancorp Inc
OTCQX:CCFN
|
$130.27 Million |
|
Sariguna Primatirta PT
JK:CLEO
|
$130.24 Million |
|
Friedman Industries Inc. Common Stock
NYSE MKT:FRD
|
$130.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kis Wire's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,677,197,825,580 to 1,781,806,817,890, a change of 104,608,992,310 (6.2%).
- Net income of 33,680,122,340 contributed positively to equity growth.
- Dividend payments of 9,142,466,850 reduced retained earnings.
- Other factors increased equity by 80,071,336,820.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩33.68 Billion | +1.89% |
| Dividends Paid | ₩9.14 Billion | -0.51% |
| Other Changes | ₩80.07 Billion | +4.49% |
| Total Change | ₩- | 6.24% |
Book Value vs Market Value Analysis
This analysis compares Kis Wire'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: 0.32x
- 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 | ₩65985.73 | ₩21300.00 | x |
| 2018-12-31 | ₩59319.08 | ₩21300.00 | x |
| 2019-12-31 | ₩59867.56 | ₩21300.00 | x |
| 2020-12-31 | ₩67867.81 | ₩21300.00 | x |
| 2021-12-31 | ₩66446.98 | ₩21300.00 | x |
| 2022-12-31 | ₩64433.68 | ₩21300.00 | x |
| 2023-12-31 | ₩67120.23 | ₩21300.00 | x |
| 2024-12-31 | ₩66022.28 | ₩21300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kis Wire 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): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.94%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.46x
- Recent ROE (1.89%) is below the historical average (5.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.72% | 3.76% | 0.56x | 1.77x | ₩-25.24 Billion |
| 2001 | 9.14% | 9.20% | 0.61x | 1.62x | ₩-3.67 Billion |
| 2002 | 5.94% | 5.90% | 0.64x | 1.58x | ₩-18.54 Billion |
| 2003 | 7.54% | 8.07% | 0.58x | 1.61x | ₩-12.45 Billion |
| 2004 | 7.70% | 8.01% | 0.58x | 1.67x | ₩-12.53 Billion |
| 2005 | 5.61% | 4.52% | 0.74x | 1.67x | ₩-24.53 Billion |
| 2006 | 2.49% | 2.33% | 0.64x | 1.68x | ₩-42.00 Billion |
| 2007 | 5.98% | 5.43% | 0.67x | 1.66x | ₩-24.15 Billion |
| 2008 | 14.76% | 9.87% | 0.79x | 1.90x | ₩35.15 Billion |
| 2009 | 9.56% | 7.28% | 0.77x | 1.71x | ₩-3.64 Billion |
| 2010 | 8.94% | 6.91% | 0.76x | 1.69x | ₩-9.66 Billion |
| 2011 | 8.17% | 8.40% | 0.61x | 1.58x | ₩-21.10 Billion |
| 2012 | 3.71% | 3.80% | 0.62x | 1.59x | ₩-71.84 Billion |
| 2013 | 2.61% | 2.80% | 0.59x | 1.58x | ₩-85.37 Billion |
| 2014 | 21.57% | 22.26% | 0.53x | 1.82x | ₩160.14 Billion |
| 2015 | 1.43% | 1.31% | 0.61x | 1.79x | ₩-116.24 Billion |
| 2016 | 2.89% | 2.82% | 0.58x | 1.77x | ₩-98.51 Billion |
| 2017 | 1.73% | 1.53% | 0.65x | 1.76x | ₩-112.87 Billion |
| 2018 | 0.25% | 0.21% | 0.66x | 1.75x | ₩-133.02 Billion |
| 2019 | 0.73% | 0.61% | 0.70x | 1.71x | ₩-127.68 Billion |
| 2020 | 0.62% | 0.60% | 0.62x | 1.65x | ₩-127.28 Billion |
| 2021 | 8.50% | 7.67% | 0.68x | 1.62x | ₩-22.97 Billion |
| 2022 | 5.06% | 3.91% | 0.82x | 1.58x | ₩-78.97 Billion |
| 2023 | 4.26% | 3.99% | 0.73x | 1.46x | ₩-96.27 Billion |
| 2024 | 1.89% | 1.94% | 0.67x | 1.46x | ₩-144.50 Billion |
Industry Comparison
This section compares Kis Wire's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,018,350,863,354
- Average return on equity (ROE) among peers: 3.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kis Wire (002240) | ₩1.94 Trillion | 3.72% | 0.35x | $130.32 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 |
| Hanil Iron & S (002220) | $132.60 Billion | 0.00% | 0.47x | $27.57 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 |