Hyundai Steel

KO:004020 Korea Steel
Market Cap
$3.14 Billion
₩4.59 Trillion KRW
Market Cap Rank
#4979 Global
#94 in Korea
Share Price
₩34900.00
Change (1 day)
-5.68%
52-Week Range
₩21700.00 - ₩46500.00
All Time High
₩59752.44
Categories
Companies in Korea Steel
About

Hyundai Steel Company, together with its subsidiaries, engages in the manufacture and sale of steel and other industrial metal products in Korea, rest of Asia, the United States, and Europe. The company offers hot and cold rolled steel sheets, steel and heavy plates, ERW and steel pipes, reinforcing bars, special steel bars, heavy machinery, wire rods, and automotive parts, as well as tailor weld… Read more

Hyundai Steel (004020) - Net Assets

Latest net assets as of September 2025: ₩19.52 Trillion KRW

Based on the latest financial reports, Hyundai Steel (004020) has net assets worth ₩19.52 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 (₩33.41 Trillion) and total liabilities (₩13.88 Trillion). 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 ₩19.52 Trillion
% of Total Assets 58.44%
Annual Growth Rate 11.75%
5-Year Change 15.82%
10-Year Change 24.57%
Growth Volatility 11.88

Hyundai Steel - Net Assets Trend (2000–2024)

This chart illustrates how Hyundai Steel's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hyundai Steel (2000–2024)

The table below shows the annual net assets of Hyundai Steel from 2000 to 2024.

Year Net Assets Change
2024-12-31 ₩19.33 Trillion -0.83%
2023-12-31 ₩19.50 Trillion +1.92%
2022-12-31 ₩19.13 Trillion +4.75%
2021-12-31 ₩18.26 Trillion +9.39%
2020-12-31 ₩16.69 Trillion -3.14%
2019-12-31 ₩17.23 Trillion +1.24%
2018-12-31 ₩17.02 Trillion -0.07%
2017-12-31 ₩17.04 Trillion +4.11%
2016-12-31 ₩16.36 Trillion +5.44%
2015-12-31 ₩15.52 Trillion +12.34%
2014-12-31 ₩13.81 Trillion +3.37%
2013-12-31 ₩13.36 Trillion +35.95%
2012-12-31 ₩9.83 Trillion +7.81%
2011-12-31 ₩9.12 Trillion +15.55%
2010-12-31 ₩7.89 Trillion +17.12%
2009-12-31 ₩6.74 Trillion +36.53%
2008-12-31 ₩4.93 Trillion +17.78%
2007-12-31 ₩4.19 Trillion +15.44%
2006-12-31 ₩3.63 Trillion +15.63%
2005-12-31 ₩3.14 Trillion +5.56%
2004-12-31 ₩2.97 Trillion +22.16%
2003-12-31 ₩2.43 Trillion +42.67%
2002-12-31 ₩1.71 Trillion +9.84%
2001-12-31 ₩1.55 Trillion +15.58%
2000-12-31 ₩1.34 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to Hyundai Steel'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 1340000243137000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩13.40 Trillion 70.83%
Other Components ₩5.52 Trillion 29.17%
Total Equity ₩18.92 Trillion 100.00%

Hyundai Steel Competitors by Market Cap

The table below lists competitors of Hyundai Steel ranked by their market capitalization.

Company Market Cap
ITC HOTELS LIMITED
NSE:ITCHOTELS
 		$1.99 Billion
Capricorn Metals Ltd
PINK:CRNLF
 		$1.99 Billion
FSPG Hi-Tech Co Ltd
SHE:000973
 		$1.99 Billion
Hubei Energy Group Co Ltd
SHE:000883
 		$2.00 Billion
Godrej Properties Limited
NSE:GODREJPROP
 		$1.99 Billion
Liechtensteinische Landesbank Aktiengesellschaft
PINK:LLAZF
 		$1.99 Billion
Green Brick Partners Inc
NYSE:GRBK
 		$1.99 Billion
MISUMI Group Inc
PINK:MSSMY
 		$1.99 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hyundai Steel's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,100,148,562,960 to 18,918,297,285,380, a change of -181,851,277,580 (-1.0%).
  • Net loss of 11,621,287,180 reduced equity.
  • Dividend payments of 131,545,739,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-11.62 Billion -0.06%
Dividends Paid ₩131.55 Billion -0.7%
Other Changes ₩-38.68 Billion -0.2%
Total Change ₩- -0.95%

Book Value vs Market Value Analysis

This analysis compares Hyundai Steel'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: 0.24x
  • 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 ₩127336.47 ₩34900.00 x
2018-12-31 ₩127187.72 ₩34900.00 x
2019-12-31 ₩128729.29 ₩34900.00 x
2020-12-31 ₩124256.72 ₩34900.00 x
2021-12-31 ₩135835.53 ₩34900.00 x
2022-12-31 ₩142260.29 ₩34900.00 x
2023-12-31 ₩144267.77 ₩34900.00 x
2024-12-31 ₩143815.36 ₩34900.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hyundai Steel 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): -0.06%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.05%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.84x
  • Recent ROE (-0.06%) is below the historical average (8.29%), 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 4.75% 2.43% 0.59x 3.29x ₩-70.08 Billion
2001 2.22% 1.06% 0.73x 2.86x ₩-120.02 Billion
2002 9.09% 4.19% 0.86x 2.51x ₩-15.35 Billion
2003 10.07% 5.78% 0.82x 2.12x ₩1.55 Billion
2004 16.73% 8.43% 0.94x 2.11x ₩194.04 Billion
2005 33.66% 18.17% 0.84x 2.21x ₩722.29 Billion
2006 13.46% 7.66% 0.83x 2.12x ₩121.18 Billion
2007 12.77% 6.28% 0.89x 2.29x ₩112.30 Billion
2008 16.95% 7.27% 0.92x 2.53x ₩335.53 Billion
2009 17.35% 13.34% 0.54x 2.43x ₩485.64 Billion
2010 13.10% 9.21% 0.59x 2.42x ₩240.17 Billion
2011 8.19% 4.90% 0.70x 2.39x ₩-164.75 Billion
2012 8.10% 5.63% 0.62x 2.33x ₩-186.70 Billion
2013 5.25% 5.11% 0.46x 2.24x ₩-627.06 Billion
2014 5.61% 4.56% 0.58x 2.12x ₩-597.63 Billion
2015 4.81% 4.55% 0.51x 2.10x ₩-790.58 Billion
2016 5.09% 4.91% 0.52x 2.02x ₩-788.28 Billion
2017 4.28% 3.74% 0.57x 2.00x ₩-955.46 Billion
2018 2.39% 1.92% 0.62x 1.99x ₩-1.27 Trillion
2019 0.10% 0.08% 0.60x 2.03x ₩-1.67 Trillion
2020 -2.63% -2.39% 0.52x 2.13x ₩-2.06 Trillion
2021 8.18% 6.40% 0.62x 2.07x ₩-325.44 Billion
2022 5.44% 3.72% 0.74x 1.97x ₩-853.78 Billion
2023 2.41% 1.78% 0.74x 1.84x ₩-1.45 Trillion
2024 -0.06% -0.05% 0.67x 1.84x ₩-1.90 Trillion

Industry Comparison

This section compares Hyundai Steel's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $807,316,682,503
  • Average return on equity (ROE) among peers: 5.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hyundai Steel (004020) ₩19.52 Trillion 4.75% 0.71x $1.99 Billion
Korea Cast Pip (000970) $215.89 Billion 1.77% 0.59x $54.93 Million
Manho Rope&Wir (001080) $249.99 Billion 1.17% 0.10x $6.38 Million
Dongkuk Steel Mill Co Ltd (001230) $2.78 Trillion 19.79% 1.28x $73.13 Million
SeAH Bestee (001430) $1.99 Trillion 4.45% 0.77x $625.91 Million
Kisco Holdings (001940) $434.28 Billion 16.30% 0.55x $78.61 Million
Hanil Iron & S (002220) $174.53 Billion -0.86% 0.94x $27.91 Million
Kis Wire (002240) $1.73 Trillion 4.69% 0.47x $128.79 Million
Dong Il Steel MFG Co Ltd (002690) $130.55 Billion 0.86% 0.13x $7.07 Million
Tcc Steel (002710) $100.92 Billion 1.52% 1.76x $163.72 Million
Seah Steel Corp (003030) $262.84 Billion 6.11% 1.07x $156.59 Million