Hyundai Bngste
Hyundai Bng Steel Co., Ltd. manufactures and sells stainless steel products and automobile parts in South Korea. The company offers stainless cold rolled steel sheets, cold extrusion, and cold drawing products. The company was formerly known as BNG Steel Co., Ltd. and changed its name to Hyundai Bng Steel Co., Ltd. in March 2011. Hyundai Bng Steel Co., Ltd. was founded in 1966 and is headquartere… Read more
Hyundai Bngste (004560) - Net Assets
Latest net assets as of September 2025: ₩526.07 Billion KRW
Based on the latest financial reports, Hyundai Bngste (004560) has net assets worth ₩526.07 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 (₩731.52 Billion) and total liabilities (₩205.46 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 | ₩526.07 Billion |
| % of Total Assets | 71.91% |
| Annual Growth Rate | 5.52% |
| 5-Year Change | 20.45% |
| 10-Year Change | 59.05% |
| Growth Volatility | 6.6 |
Hyundai Bngste - Net Assets Trend (2011–2024)
This chart illustrates how Hyundai Bngste'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 Bngste (2011–2024)
The table below shows the annual net assets of Hyundai Bngste from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩516.11 Billion | +4.50% |
| 2023-12-31 | ₩493.86 Billion | -5.90% |
| 2022-12-31 | ₩524.83 Billion | +5.44% |
| 2021-12-31 | ₩497.73 Billion | +16.16% |
| 2020-12-31 | ₩428.49 Billion | +6.33% |
| 2019-12-31 | ₩402.97 Billion | +5.48% |
| 2018-12-31 | ₩382.03 Billion | +4.65% |
| 2017-12-31 | ₩365.03 Billion | +5.14% |
| 2016-12-31 | ₩347.20 Billion | +7.00% |
| 2015-12-31 | ₩324.50 Billion | +0.58% |
| 2014-12-31 | ₩322.61 Billion | +21.38% |
| 2012-12-31 | ₩265.78 Billion | +3.60% |
| 2011-12-31 | ₩256.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hyundai Bngste'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 43805436873000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩438.05 Billion | 84.88% |
| Other Components | ₩78.05 Billion | 15.12% |
| Total Equity | ₩516.11 Billion | 100.00% |
Hyundai Bngste Competitors by Market Cap
The table below lists competitors of Hyundai Bngste ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ba Ria Vung Tau House Development JSC
VN:HDC
|
$96.27 Million |
|
Ampco-Pittsburgh Corporation
NYSE:AP
|
$96.27 Million |
|
TUAN SING HLDGS-LOC.SD-01
F:TUS
|
$96.27 Million |
|
PointsBet Holdings Limited
PINK:PBTHF
|
$96.28 Million |
|
Newonder Special Electric Co.Ltd
SHE:301120
|
$96.20 Million |
|
ForFarmers N.V.
PINK:FRFBF
|
$96.19 Million |
|
PB Financial Corporation
OTCQX:PBNC
|
$96.18 Million |
|
FORTINOVA FASTIGH. B O.N.
F:733
|
$96.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyundai Bngste's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 493,860,721,920 to 516,108,525,900, a change of 22,247,803,980 (4.5%).
- Net income of 24,969,800,650 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩24.97 Billion | +4.84% |
| Other Changes | ₩-2.72 Billion | -0.53% |
| Total Change | ₩- | 4.50% |
Book Value vs Market Value Analysis
This analysis compares Hyundai Bngste'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: 0.50x
- 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.
- The price-to-book ratio has decreased from 0.71x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩24208.41 | ₩17100.00 | x |
| 2018-12-31 | ₩25335.28 | ₩17100.00 | x |
| 2019-12-31 | ₩26724.48 | ₩17100.00 | x |
| 2020-12-31 | ₩28416.60 | ₩17100.00 | x |
| 2021-12-31 | ₩33008.75 | ₩17100.00 | x |
| 2022-12-31 | ₩34805.63 | ₩17100.00 | x |
| 2023-12-31 | ₩32751.97 | ₩17100.00 | x |
| 2024-12-31 | ₩34227.40 | ₩17100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyundai Bngste 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): 4.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.14%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.46x
- Recent ROE (4.84%) is below the historical average (5.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 6.17% | 1.91% | 1.33x | 2.43x | ₩-9.83 Billion |
| 2012 | 4.25% | 1.51% | 1.20x | 2.35x | ₩-15.29 Billion |
| 2014 | 9.20% | 4.16% | 1.13x | 1.96x | ₩-2.57 Billion |
| 2015 | 1.17% | 0.55% | 1.19x | 1.79x | ₩-28.59 Billion |
| 2016 | 6.30% | 3.31% | 1.16x | 1.64x | ₩-12.84 Billion |
| 2017 | 5.41% | 2.72% | 1.24x | 1.60x | ₩-16.74 Billion |
| 2018 | 5.09% | 2.73% | 1.18x | 1.59x | ₩-18.76 Billion |
| 2019 | 5.40% | 2.97% | 1.20x | 1.51x | ₩-18.52 Billion |
| 2020 | 5.51% | 3.47% | 1.05x | 1.51x | ₩-19.25 Billion |
| 2021 | 14.02% | 8.16% | 1.11x | 1.54x | ₩20.02 Billion |
| 2022 | 4.96% | 2.03% | 1.49x | 1.63x | ₩-26.43 Billion |
| 2023 | -6.12% | -2.89% | 1.32x | 1.60x | ₩-79.59 Billion |
| 2024 | 4.84% | 3.14% | 1.06x | 1.46x | ₩-26.64 Billion |
Industry Comparison
This section compares Hyundai Bngste's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $961,724,627,619
- Average return on equity (ROE) among peers: 4.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyundai Bngste (004560) | ₩526.07 Billion | 6.17% | 0.39x | $96.26 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 |
| 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 |