Hyundai Steel (004020) - Net Assets
Based on the latest financial reports, Hyundai Steel (004020) has net assets worth ₩19.84 Trillion KRW (≈ $13.45 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩34.44 Trillion ≈ $23.34 Billion USD) and total liabilities (₩14.60 Trillion ≈ $9.90 Billion 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. Check Hyundai Steel (004020) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩19.84 Trillion |
| % of Total Assets | 57.6% |
| Annual Growth Rate | 11.37% |
| 5-Year Change | 8.65% |
| 10-Year Change | 21.25% |
| Growth Volatility | 11.79 |
Hyundai Steel - Net Assets Trend (2000–2025)
This chart illustrates how Hyundai Steel's net assets have evolved over time, based on quarterly financial data. See 004020 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hyundai Steel (2000–2025)
The table below shows the annual net assets of Hyundai Steel from 2000 to 2025. For live valuation and market cap data, see 004020 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩19.84 Trillion ≈ $13.45 Billion |
+2.62% |
| 2024-12-31 | ₩19.33 Trillion ≈ $13.10 Billion |
-0.83% |
| 2023-12-31 | ₩19.50 Trillion ≈ $13.21 Billion |
+1.92% |
| 2022-12-31 | ₩19.13 Trillion ≈ $12.96 Billion |
+4.75% |
| 2021-12-31 | ₩18.26 Trillion ≈ $12.37 Billion |
+9.39% |
| 2020-12-31 | ₩16.69 Trillion ≈ $11.31 Billion |
-3.14% |
| 2019-12-31 | ₩17.23 Trillion ≈ $11.68 Billion |
+1.24% |
| 2018-12-31 | ₩17.02 Trillion ≈ $11.54 Billion |
-0.07% |
| 2017-12-31 | ₩17.04 Trillion ≈ $11.54 Billion |
+4.11% |
| 2016-12-31 | ₩16.36 Trillion ≈ $11.09 Billion |
+5.44% |
| 2015-12-31 | ₩15.52 Trillion ≈ $10.52 Billion |
+12.34% |
| 2014-12-31 | ₩13.81 Trillion ≈ $9.36 Billion |
+3.37% |
| 2013-12-31 | ₩13.36 Trillion ≈ $9.06 Billion |
+35.95% |
| 2012-12-31 | ₩9.83 Trillion ≈ $6.66 Billion |
+7.81% |
| 2011-12-31 | ₩9.12 Trillion ≈ $6.18 Billion |
+15.55% |
| 2010-12-31 | ₩7.89 Trillion ≈ $5.35 Billion |
+17.12% |
| 2009-12-31 | ₩6.74 Trillion ≈ $4.57 Billion |
+36.53% |
| 2008-12-31 | ₩4.93 Trillion ≈ $3.34 Billion |
+17.78% |
| 2007-12-31 | ₩4.19 Trillion ≈ $2.84 Billion |
+15.44% |
| 2006-12-31 | ₩3.63 Trillion ≈ $2.46 Billion |
+15.63% |
| 2005-12-31 | ₩3.14 Trillion ≈ $2.13 Billion |
+5.56% |
| 2004-12-31 | ₩2.97 Trillion ≈ $2.02 Billion |
+22.16% |
| 2003-12-31 | ₩2.43 Trillion ≈ $1.65 Billion |
+42.67% |
| 2002-12-31 | ₩1.71 Trillion ≈ $1.16 Billion |
+9.84% |
| 2001-12-31 | ₩1.55 Trillion ≈ $1.05 Billion |
+15.58% |
| 2000-12-31 | ₩1.34 Trillion ≈ $910.79 Million |
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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 1330347333521000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩13.30 Trillion | 68.68% |
| Other Components | ₩6.07 Trillion | 31.32% |
| Total Equity | ₩19.37 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 |
|---|---|
|
CRISIL Limited
NSE:CRISIL
|
$3.20 Billion |
|
Polaris Industries Inc
NYSE:PII
|
$3.20 Billion |
|
Seojin System Co.Ltd
KQ:178320
|
$3.20 Billion |
|
Breville Group Ltd
AU:BRG
|
$3.20 Billion |
|
Cellebrite DI
NASDAQ:CLBT
|
$3.20 Billion |
|
WYNN MACAU LTD ADR/10
F:8WY0
|
$3.19 Billion |
|
Royal Unibrew A/S
CO:RBREW
|
$3.19 Billion |
|
HBIS Co Ltd
SHE:000709
|
$3.19 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 2024 to 2025, total equity changed from 18,918,297,285,380 to 19,370,718,758,990, a change of 452,421,473,610 (2.4%).
- Net loss of 6,916,448,640 reduced equity.
- Dividend payments of 99,563,407,700 reduced retained earnings.
- Other factors increased equity by 558,901,329,950.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-6.92 Billion | -0.04% |
| Dividends Paid | ₩99.56 Billion | -0.51% |
| Other Changes | ₩558.90 Billion | +2.89% |
| Total Change | ₩- | 2.39% |
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 | ₩35850.00 | x |
| 2018-12-31 | ₩127187.72 | ₩35850.00 | x |
| 2019-12-31 | ₩128729.29 | ₩35850.00 | x |
| 2020-12-31 | ₩124256.72 | ₩35850.00 | x |
| 2021-12-31 | ₩135835.53 | ₩35850.00 | x |
| 2022-12-31 | ₩142260.29 | ₩35850.00 | x |
| 2023-12-31 | ₩144267.77 | ₩35850.00 | x |
| 2024-12-31 | ₩143815.36 | ₩35850.00 | x |
| 2025-12-31 | ₩147254.63 | ₩35850.00 | 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): -0.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.03%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.78x
- Recent ROE (-0.04%) is below the historical average (7.97%), 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 |
| 2025 | -0.04% | -0.03% | 0.66x | 1.78x | ₩-1.94 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: $829,457,154,371
- Average return on equity (ROE) among peers: 1.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyundai Steel (004020) | ₩19.84 Trillion | 4.75% | 0.74x | $3.20 Billion |
| Korea Cast Pip (000970) | $350.66 Billion | 3.43% | 0.21x | $99.13 Million |
| Manho Rope&Wir (001080) | $230.12 Billion | 1.16% | 0.10x | $9.68 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $2.03 Trillion | -14.66% | 1.82x | $42.58 Million |
| SeAH Bestee (001430) | $1.99 Trillion | 1.05% | 0.86x | $1.20 Billion |
| Kisco Holdings (001940) | $713.07 Billion | 4.26% | 0.11x | $206.44 Million |
| Hanil Iron & S (002220) | $118.05 Billion | 6.95% | 0.38x | $88.79 Million |
| Kis Wire (002240) | $1.26 Trillion | 3.37% | 0.44x | $360.79 Million |
| Dong Il Steel MFG Co Ltd (002690) | $130.55 Billion | 0.86% | 0.13x | $18.50 Million |
| Tcc Steel (002710) | $135.12 Billion | 11.04% | 1.24x | $233.61 Million |
| Seah Steel Corp (003030) | $1.33 Trillion | 1.28% | 0.74x | $407.44 Million |
About Hyundai Steel
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