Dong Il Steel MFG Co Ltd (002690) - Net Assets
Based on the latest financial reports, Dong Il Steel MFG Co Ltd (002690) has net assets worth ₩157.61 Billion KRW (≈ $106.81 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩176.43 Billion ≈ $119.56 Million USD) and total liabilities (₩18.81 Billion ≈ $12.75 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 002690 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩157.61 Billion |
| % of Total Assets | 89.34% |
| Annual Growth Rate | 3.29% |
| 5-Year Change | 2.65% |
| 10-Year Change | 20.31% |
| Growth Volatility | 6.7 |
Dong Il Steel MFG Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Dong Il Steel MFG Co Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Dong Il Steel MFG Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Dong Il Steel MFG Co Ltd (2014–2025)
The table below shows the annual net assets of Dong Il Steel MFG Co Ltd from 2014 to 2025. For live valuation and market cap data, see market cap of Dong Il Steel MFG Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩157.61 Billion ≈ $106.81 Million |
+2.58% |
| 2024-12-31 | ₩153.66 Billion ≈ $104.13 Million |
+0.27% |
| 2023-12-31 | ₩153.24 Billion ≈ $103.85 Million |
-2.82% |
| 2022-12-31 | ₩157.68 Billion ≈ $106.86 Million |
+2.69% |
| 2021-12-31 | ₩153.55 Billion ≈ $104.06 Million |
+18.30% |
| 2020-12-31 | ₩129.80 Billion ≈ $87.96 Million |
-0.58% |
| 2019-12-31 | ₩130.55 Billion ≈ $88.47 Million |
-0.26% |
| 2018-12-31 | ₩130.89 Billion ≈ $88.71 Million |
-0.31% |
| 2017-12-31 | ₩131.30 Billion ≈ $88.98 Million |
+0.23% |
| 2016-12-31 | ₩131.01 Billion ≈ $88.78 Million |
+2.01% |
| 2015-12-31 | ₩128.43 Billion ≈ $87.04 Million |
+16.36% |
| 2014-12-31 | ₩110.38 Billion ≈ $74.80 Million |
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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 26.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩102.60 Billion | 65.10% |
| Other Components | ₩55.01 Billion | 34.90% |
| Total Equity | ₩157.61 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 |
|---|---|
|
Premium Catering (Holdings) Limited
NASDAQ:PC
|
$19.48 Million |
|
Mountain Alliance AG
XETRA:ECF
|
$19.49 Million |
|
PT Cahayasakti Investindo Sukses Tbk
JK:CSIS
|
$19.51 Million |
|
Elve S.A
AT:ELBE
|
$19.51 Million |
|
Israel China Biotechnology (ICB) Ltd
TA:ICB
|
$19.47 Million |
|
Gensight Biologics SA
PA:SIGHT
|
$19.46 Million |
|
TOPBI International Holdings Ltd
TW:2929
|
$19.46 Million |
|
Cashlez Worldwide Indonesia Tbk
JK:CASH
|
$19.46 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 2024 to 2025, total equity changed from 153,656,470,400 to 157,613,797,520, a change of 3,957,327,120 (2.6%).
- Net income of 1,350,334,830 contributed positively to equity growth.
- New share issuances of 2,627,460,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.35 Billion | +0.86% |
| Share Issuances | ₩2.63 Billion | +1.67% |
| Other Changes | ₩-20.47 Million | -0.01% |
| Total Change | ₩- | 2.58% |
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 | ₩1515.00 | x |
| 2018-12-31 | ₩8726.32 | ₩1515.00 | x |
| 2019-12-31 | ₩8703.29 | ₩1515.00 | x |
| 2020-12-31 | ₩8960.68 | ₩1515.00 | x |
| 2021-12-31 | ₩7760.66 | ₩1515.00 | x |
| 2022-12-31 | ₩7969.51 | ₩1515.00 | x |
| 2023-12-31 | ₩7773.47 | ₩1515.00 | x |
| 2024-12-31 | ₩8098.54 | ₩1515.00 | x |
| 2025-12-31 | ₩8307.11 | ₩1515.00 | 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): 0.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.92%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.12x
- Recent ROE (0.86%) is below the historical average (1.89%), 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 |
| 2025 | 0.86% | 0.92% | 0.84x | 1.12x | ₩-14.41 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: $927,505,502,869
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dong Il Steel MFG Co Ltd (002690) | ₩157.61 Billion | 5.72% | 0.12x | $19.48 Million |
| Korea Cast Pip (000970) | $218.45 Billion | 3.17% | 0.53x | $95.34 Million |
| Manho Rope&Wir (001080) | $159.52 Billion | 0.00% | 0.16x | $8.99 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $1.32 Trillion | 0.00% | 2.29x | $36.51 Million |
| SeAH Bestee (001430) | $1.35 Trillion | 8.83% | 0.60x | $809.30 Million |
| Kisco Holdings (001940) | $1.56 Trillion | 2.08% | 0.10x | $220.05 Million |
| Hanil Iron & S (002220) | $155.18 Billion | 3.28% | 0.93x | $47.53 Million |
| Kis Wire (002240) | $1.48 Trillion | 0.67% | 0.59x | $307.03 Million |
| Tcc Steel (002710) | $116.84 Billion | 4.32% | 1.69x | $146.74 Million |
| Seah Steel Corp (003030) | $1.98 Trillion | 14.05% | 0.80x | $286.41 Million |
About 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