Husteel

KO:005010 Korea Steel
Market Cap
$188.42 Million
₩275.88 Billion KRW
Market Cap Rank
#18363 Global
#670 in Korea
Share Price
₩4910.00
Change (1 day)
+2.08%
52-Week Range
₩3825.00 - ₩6390.00
All Time High
₩7003.70
Categories
Companies in Korea Steel
About

Husteel Co., Ltd. manufactures and sells various steel pipe products in South Korea, the Unites States, and internationally. The company offers pipes for general purpose; E.R.W. steel boilers and superheater tubes; E.R.W. heat-exchangers and condenser tubes; steel pipe piles; plain end steel tubes for welding or screwing; steel tubes for structural purpose; steel water-well pipes; steel pipes for… Read more

Husteel (005010) - Net Assets

Latest net assets as of September 2025: ₩1.10 Trillion KRW

Based on the latest financial reports, Husteel (005010) has net assets worth ₩1.10 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 (₩1.41 Trillion) and total liabilities (₩316.81 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 ₩1.10 Trillion
% of Total Assets 77.56%
Annual Growth Rate 9.33%
5-Year Change 170.14%
10-Year Change 184.4%
Growth Volatility 14.97

Husteel - Net Assets Trend (2005–2024)

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

Annual Net Assets for Husteel (2005–2024)

The table below shows the annual net assets of Husteel from 2005 to 2024.

Year Net Assets Change
2024-12-31 ₩1.12 Trillion +11.18%
2023-12-31 ₩1.01 Trillion +10.76%
2022-12-31 ₩909.18 Billion +45.14%
2021-12-31 ₩626.40 Billion +51.13%
2020-12-31 ₩414.46 Billion +4.52%
2019-12-31 ₩396.56 Billion -2.33%
2018-12-31 ₩406.01 Billion +7.72%
2017-12-31 ₩376.92 Billion -2.33%
2016-12-31 ₩385.92 Billion -1.97%
2015-12-31 ₩393.68 Billion -0.93%
2014-12-31 ₩397.39 Billion -2.13%
2013-12-31 ₩406.03 Billion +4.41%
2012-12-31 ₩388.87 Billion +1.78%
2011-12-31 ₩382.08 Billion +10.49%
2010-12-31 ₩345.80 Billion +0.83%
2009-12-31 ₩342.94 Billion +9.64%
2008-12-31 ₩312.78 Billion +28.68%
2007-12-31 ₩243.06 Billion +13.73%
2006-12-31 ₩213.72 Billion +3.96%
2005-12-31 ₩205.58 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Husteel'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 592.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩560.31 Billion 50.04%
Other Components ₩559.33 Billion 49.96%
Total Equity ₩1.12 Trillion 100.00%

Husteel Competitors by Market Cap

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

Company Market Cap
HEXAOM S.A. EO -18
F:88M
 		$97.48 Million
Richmond Mutual Bancorporation Inc
NASDAQ:RMBI
 		$97.48 Million
UNIFIEDPOST GRP S.A./N.V.
F:60Z
 		$97.49 Million
5EV0
F:5EV0
 		$97.49 Million
Japan Display Inc
PINK:JNNDF
 		$97.39 Million
A Plus Asset Advisor Co Ltd
KO:244920
 		$97.37 Million
Paradigm Biopharmaceuticals Limited
PINK:PBIGF
 		$97.36 Million
Dimand S.A.
AT:DIMAND
 		$97.35 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,007,030,906,100 to 1,119,640,246,590, a change of 112,609,340,490 (11.2%).
  • Net income of 22,312,045,690 contributed positively to equity growth.
  • Dividend payments of 14,046,961,880 reduced retained earnings.
  • Other factors increased equity by 104,344,256,680.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩22.31 Billion +1.99%
Dividends Paid ₩14.05 Billion -1.25%
Other Changes ₩104.34 Billion +9.32%
Total Change ₩- 11.18%

Book Value vs Market Value Analysis

This analysis compares Husteel'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: 0.25x
  • 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 increased from 0.09x to 0.25x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ₩54479.79 ₩4910.00 x
2018-12-31 ₩53884.52 ₩4910.00 x
2019-12-31 ₩52030.35 ₩4910.00 x
2020-12-31 ₩54379.72 ₩4910.00 x
2021-12-31 ₩79922.26 ₩4910.00 x
2022-12-31 ₩16181.02 ₩4910.00 x
2023-12-31 ₩17922.50 ₩4910.00 x
2024-12-31 ₩19926.65 ₩4910.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Husteel 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): 1.99%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.09%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 1.28x
  • Recent ROE (1.99%) is below the historical average (6.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 15.98% 10.17% 0.92x 1.71x ₩12.28 Billion
2006 8.82% 4.96% 1.01x 1.75x ₩-2.53 Billion
2007 6.82% 3.96% 1.00x 1.72x ₩-7.73 Billion
2008 21.34% 11.00% 1.08x 1.80x ₩35.48 Billion
2009 0.40% 0.37% 0.81x 1.34x ₩-32.92 Billion
2010 8.78% 5.95% 1.07x 1.38x ₩-4.21 Billion
2011 9.28% 6.23% 1.06x 1.41x ₩-2.77 Billion
2012 6.66% 4.40% 1.06x 1.43x ₩-13.00 Billion
2013 1.52% 1.13% 0.98x 1.38x ₩-34.42 Billion
2014 3.79% 2.72% 0.96x 1.46x ₩-24.70 Billion
2015 0.18% 0.16% 0.85x 1.31x ₩-38.68 Billion
2016 -0.14% -0.15% 0.62x 1.52x ₩-39.15 Billion
2017 0.98% 0.53% 1.05x 1.75x ₩-34.01 Billion
2018 4.23% 2.92% 0.98x 1.49x ₩-23.42 Billion
2019 -3.16% -2.34% 0.93x 1.46x ₩-52.20 Billion
2020 2.08% 2.36% 0.61x 1.46x ₩-32.81 Billion
2021 6.06% 6.16% 0.65x 1.52x ₩-24.65 Billion
2022 24.98% 22.03% 0.85x 1.33x ₩136.24 Billion
2023 7.17% 9.44% 0.58x 1.32x ₩-28.51 Billion
2024 1.99% 3.09% 0.51x 1.28x ₩-89.65 Billion

Industry Comparison

This section compares Husteel'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
Husteel (005010) ₩1.10 Trillion 15.98% 0.29x $97.43 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