Dong Il Steel MFG Co Ltd
Dong Il Steel Mfg Co.,Ltd engages in the production and sale of steel wires in South Korea, Asia, and the Americas. The company provides Low P.C. wires and strands for the construction of railroads, bridges, railroad sleepers, atomic furnaces, harbors, and airports; hard drawn steel and piano wires used for making precision spring products that require heavy load and repetition; and galvanized st… Read more
Dong Il Steel MFG Co Ltd (002690) - Net Assets
Latest net assets as of September 2025: ₩161.55 Billion KRW
Based on the latest financial reports, Dong Il Steel MFG Co Ltd (002690) has net assets worth ₩161.55 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 (₩182.99 Billion) and total liabilities (₩21.44 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 | ₩161.55 Billion |
| % of Total Assets | 88.28% |
| Annual Growth Rate | 3.36% |
| 5-Year Change | 18.38% |
| 10-Year Change | 19.64% |
| Growth Volatility | 7.03 |
Dong Il Steel MFG Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Dong Il Steel MFG Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dong Il Steel MFG Co Ltd (2014–2024)
The table below shows the annual net assets of Dong Il Steel MFG Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩153.66 Billion | +0.27% |
| 2023-12-31 | ₩153.24 Billion | -2.82% |
| 2022-12-31 | ₩157.68 Billion | +2.69% |
| 2021-12-31 | ₩153.55 Billion | +18.30% |
| 2020-12-31 | ₩129.80 Billion | -0.58% |
| 2019-12-31 | ₩130.55 Billion | -0.26% |
| 2018-12-31 | ₩130.89 Billion | -0.31% |
| 2017-12-31 | ₩131.30 Billion | +0.23% |
| 2016-12-31 | ₩131.01 Billion | +2.01% |
| 2015-12-31 | ₩128.43 Billion | +16.36% |
| 2014-12-31 | ₩110.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dong Il Steel MFG Co Ltd'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 24.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩100.63 Billion | 65.49% |
| Other Components | ₩53.03 Billion | 34.51% |
| Total Equity | ₩153.66 Billion | 100.00% |
Dong Il Steel MFG Co Ltd Competitors by Market Cap
The table below lists competitors of Dong Il Steel MFG Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XXLLD
PINK:XXLLD
|
$7.05 Million |
|
TechStore Berhad
KLSE:0343
|
$7.05 Million |
|
Krungthai Car Rent and Lease Public Company Limited
BK:KCAR
|
$7.05 Million |
|
EKOPAK N.V.
F:7XZ
|
$7.06 Million |
|
Alzamend Neuro Inc
NASDAQ:ALZN
|
$7.05 Million |
|
Wesure Global Tech Ltd
TA:WESR
|
$7.05 Million |
|
Bucur SA
RO:BUCV
|
$7.05 Million |
|
Australian Silica Quartz Group Ltd
PINK:BXRDF
|
$7.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dong Il Steel MFG Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 153,236,014,200 to 153,656,469,400, a change of 420,455,200 (0.3%).
- Net loss of 483,718,260 reduced equity.
- Share repurchases of 826,021,070 reduced equity.
- Other factors increased equity by 1,730,194,530.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-483.72 Million | -0.31% |
| Share Repurchases | ₩826.02 Million | -0.54% |
| Other Changes | ₩1.73 Billion | +1.13% |
| Total Change | ₩- | 0.27% |
Book Value vs Market Value Analysis
This analysis compares Dong Il Steel MFG Co Ltd'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: 0.18x
- 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 | ₩8753.53 | ₩1495.00 | x |
| 2018-12-31 | ₩8726.32 | ₩1495.00 | x |
| 2019-12-31 | ₩8703.29 | ₩1495.00 | x |
| 2020-12-31 | ₩8960.68 | ₩1495.00 | x |
| 2021-12-31 | ₩7760.66 | ₩1495.00 | x |
| 2022-12-31 | ₩7969.51 | ₩1495.00 | x |
| 2023-12-31 | ₩7773.47 | ₩1495.00 | x |
| 2024-12-31 | ₩8098.54 | ₩1495.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dong Il Steel MFG Co Ltd 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): -0.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.32%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.12x
- Recent ROE (-0.31%) is below the historical average (1.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.72% | 5.17% | 0.89x | 1.25x | ₩-4.72 Billion |
| 2015 | 5.12% | 6.16% | 0.74x | 1.13x | ₩-6.27 Billion |
| 2016 | 3.63% | 5.01% | 0.65x | 1.12x | ₩-8.35 Billion |
| 2017 | 1.04% | 1.27% | 0.72x | 1.14x | ₩-11.76 Billion |
| 2018 | 0.10% | 0.11% | 0.83x | 1.15x | ₩-12.95 Billion |
| 2019 | 0.86% | 0.88% | 0.87x | 1.13x | ₩-11.94 Billion |
| 2020 | 0.23% | 0.25% | 0.83x | 1.14x | ₩-12.68 Billion |
| 2021 | 5.37% | 4.53% | 1.01x | 1.18x | ₩-7.10 Billion |
| 2022 | 2.12% | 1.70% | 1.09x | 1.14x | ₩-12.42 Billion |
| 2023 | -2.06% | -1.75% | 1.01x | 1.17x | ₩-18.48 Billion |
| 2024 | -0.31% | -0.32% | 0.88x | 1.12x | ₩-15.85 Billion |
Industry Comparison
This section compares Dong Il Steel MFG Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,054,161,098,734
- Average return on equity (ROE) among peers: 4.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dong Il Steel MFG Co Ltd (002690) | ₩161.55 Billion | 5.72% | 0.13x | $7.05 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 |
| Kis Wire (002240) | $452.09 Billion | 8.63% | 0.53x | $130.32 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 |