POSCO Holdings (005490) - Net Assets
Based on the latest financial reports, POSCO Holdings (005490) has net assets worth ₩62.06 Trillion KRW (≈ $42.06 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩102.60 Trillion ≈ $69.53 Billion USD) and total liabilities (₩40.54 Trillion ≈ $27.48 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. Also explore how large is POSCO Holdings's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩62.06 Trillion |
| % of Total Assets | 60.48% |
| Annual Growth Rate | 8.06% |
| 5-Year Change | 28.9% |
| 10-Year Change | 36.34% |
| Growth Volatility | 6.99 |
POSCO Holdings - Net Assets Trend (2000–2024)
This chart illustrates how POSCO Holdings's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 005490 stock market capitalisation.
Annual Net Assets for POSCO Holdings (2000–2024)
The table below shows the annual net assets of POSCO Holdings from 2000 to 2024. Explore POSCO Holdings (005490) cash conversion ratio to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩61.45 Trillion ≈ $41.64 Billion |
+3.11% |
| 2023-12-31 | ₩59.60 Trillion ≈ $40.39 Billion |
+2.30% |
| 2022-12-31 | ₩58.26 Trillion ≈ $39.48 Billion |
+6.30% |
| 2021-12-31 | ₩54.80 Trillion ≈ $37.14 Billion |
+14.96% |
| 2020-12-31 | ₩47.67 Trillion ≈ $32.31 Billion |
-0.19% |
| 2019-12-31 | ₩47.76 Trillion ≈ $32.37 Billion |
+2.34% |
| 2018-12-31 | ₩46.67 Trillion ≈ $31.63 Billion |
-1.38% |
| 2017-12-31 | ₩47.33 Trillion ≈ $32.07 Billion |
+3.41% |
| 2016-12-31 | ₩45.77 Trillion ≈ $31.01 Billion |
+1.54% |
| 2015-12-31 | ₩45.07 Trillion ≈ $30.54 Billion |
-0.49% |
| 2014-12-31 | ₩45.29 Trillion ≈ $30.69 Billion |
-1.16% |
| 2013-12-31 | ₩45.82 Trillion ≈ $31.05 Billion |
+8.00% |
| 2012-12-31 | ₩42.43 Trillion ≈ $28.75 Billion |
+4.17% |
| 2011-12-31 | ₩40.73 Trillion ≈ $27.60 Billion |
+9.48% |
| 2010-12-31 | ₩37.20 Trillion ≈ $25.21 Billion |
+17.49% |
| 2009-12-31 | ₩31.66 Trillion ≈ $21.46 Billion |
+11.71% |
| 2008-12-31 | ₩28.34 Trillion ≈ $19.21 Billion |
+12.85% |
| 2007-12-31 | ₩25.12 Trillion ≈ $17.02 Billion |
+12.12% |
| 2006-12-31 | ₩22.40 Trillion ≈ $15.18 Billion |
+12.76% |
| 2005-12-31 | ₩19.87 Trillion ≈ $13.46 Billion |
+21.24% |
| 2004-12-31 | ₩16.39 Trillion ≈ $11.10 Billion |
+23.67% |
| 2003-12-31 | ₩13.25 Trillion ≈ $8.98 Billion |
+14.47% |
| 2002-12-31 | ₩11.57 Trillion ≈ $7.84 Billion |
+11.82% |
| 2001-12-31 | ₩10.35 Trillion ≈ $7.01 Billion |
+8.29% |
| 2000-12-31 | ₩9.56 Trillion ≈ $6.48 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to POSCO Holdings'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 5365836800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩53.66 Trillion | 96.87% |
| Other Components | ₩1.74 Trillion | 3.13% |
| Total Equity | ₩55.39 Trillion | 100.00% |
POSCO Holdings Competitors by Market Cap
The table below lists competitors of POSCO Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HANSOH PHARMAC. HD-00001
F:3KY
|
$23.69 Billion |
|
ABN AMRO BK.UNSP.ADR/1
F:AB2A
|
$23.71 Billion |
|
Hengtong Optic Electric Co Ltd
SHG:600487
|
$23.72 Billion |
|
BK MANDIRI (PE).ADR/20 ON
F:PQ90
|
$23.73 Billion |
|
Hanmi Semicon
KO:042700
|
$23.66 Billion |
|
CMS Energy Corporation
NYSE:CMS
|
$23.51 Billion |
|
Banco Do Brasil SA
F:BZLA
|
$23.49 Billion |
|
ABN Amro Group NV
AS:ABN
|
$23.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in POSCO Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,146,374,000,000 to 55,394,232,000,000, a change of 1,247,858,000,000 (2.3%).
- Net income of 1,125,380,000,000 contributed positively to equity growth.
- Dividend payments of 844,195,000,000 reduced retained earnings.
- Share repurchases of 92,311,000,000 reduced equity.
- Other factors increased equity by 1,058,984,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.13 Trillion | +2.03% |
| Dividends Paid | ₩844.20 Billion | -1.52% |
| Share Repurchases | ₩92.31 Billion | -0.17% |
| Other Changes | ₩1.06 Trillion | +1.91% |
| Total Change | ₩- | 2.30% |
Book Value vs Market Value Analysis
This analysis compares POSCO Holdings'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: 0.63x
- 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 0.85x to 0.63x 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 | ₩545757.59 | ₩462000.00 | x |
| 2018-12-31 | ₩541559.30 | ₩462000.00 | x |
| 2019-12-31 | ₩554889.00 | ₩462000.00 | x |
| 2020-12-31 | ₩583188.51 | ₩462000.00 | x |
| 2021-12-31 | ₩666802.96 | ₩462000.00 | x |
| 2022-12-31 | ₩692322.82 | ₩462000.00 | x |
| 2023-12-31 | ₩713614.66 | ₩462000.00 | x |
| 2024-12-31 | ₩732526.60 | ₩462000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently POSCO Holdings 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): 2.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.53%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.87x
- Recent ROE (2.03%) is below the historical average (9.17%), 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 | 17.38% | 11.86% | 0.68x | 2.14x | ₩693.80 Billion |
| 2001 | 8.31% | 6.45% | 0.68x | 1.91x | ₩-172.58 Billion |
| 2002 | 9.64% | 7.59% | 0.75x | 1.69x | ₩-40.24 Billion |
| 2003 | 15.41% | 11.22% | 0.86x | 1.60x | ₩700.36 Billion |
| 2004 | 23.72% | 15.91% | 0.99x | 1.50x | ₩2.21 Trillion |
| 2005 | 20.59% | 15.25% | 0.96x | 1.41x | ₩2.06 Trillion |
| 2006 | 15.12% | 12.82% | 0.83x | 1.42x | ₩1.12 Trillion |
| 2007 | 14.53% | 11.26% | 0.87x | 1.48x | ₩1.11 Trillion |
| 2008 | 15.83% | 10.49% | 0.89x | 1.70x | ₩1.61 Trillion |
| 2009 | 10.41% | 8.73% | 0.73x | 1.63x | ₩127.53 Billion |
| 2010 | 11.98% | 6.90% | 0.89x | 1.95x | ₩691.76 Billion |
| 2011 | 9.51% | 5.29% | 0.88x | 2.04x | ₩-187.50 Billion |
| 2012 | 6.24% | 3.87% | 0.80x | 2.01x | ₩-1.48 Trillion |
| 2013 | 3.23% | 2.20% | 0.73x | 2.01x | ₩-2.85 Trillion |
| 2014 | 1.43% | 0.91% | 0.76x | 2.05x | ₩-3.57 Trillion |
| 2015 | 0.44% | 0.31% | 0.72x | 1.95x | ₩-3.94 Trillion |
| 2016 | 3.20% | 2.56% | 0.66x | 1.89x | ₩-2.88 Trillion |
| 2017 | 6.31% | 4.58% | 0.75x | 1.83x | ₩-1.61 Trillion |
| 2018 | 3.95% | 2.63% | 0.83x | 1.82x | ₩-2.62 Trillion |
| 2019 | 4.19% | 2.88% | 0.82x | 1.79x | ₩-2.58 Trillion |
| 2020 | 3.61% | 2.77% | 0.73x | 1.78x | ₩-2.83 Trillion |
| 2021 | 13.12% | 8.67% | 0.83x | 1.81x | ₩1.57 Trillion |
| 2022 | 5.99% | 3.71% | 0.86x | 1.87x | ₩-2.11 Trillion |
| 2023 | 3.14% | 2.20% | 0.76x | 1.87x | ₩-3.72 Trillion |
| 2024 | 2.03% | 1.53% | 0.71x | 1.87x | ₩-4.41 Trillion |
Industry Comparison
This section compares POSCO Holdings's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $657,187,797,778
- Average return on equity (ROE) among peers: -6.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| POSCO Holdings (005490) | ₩62.06 Trillion | 17.38% | 0.65x | $23.68 Billion |
| Korea Cast Pip (000970) | $255.10 Billion | 9.57% | 0.31x | $107.15 Million |
| Manho Rope&Wir (001080) | $230.39 Billion | 0.46% | 0.08x | $12.22 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $1.93 Trillion | 23.34% | 1.88x | $240.28 Million |
| SeAH Bestee (001430) | $1.71 Trillion | -14.35% | 0.91x | $1.83 Billion |
| Kisco Holdings (001940) | $562.00 Billion | 19.94% | 0.46x | $231.09 Million |
| Hanil Iron & S (002220) | $267.37 Billion | 0.99% | 1.07x | $86.32 Million |
| Kis Wire (002240) | $937.96 Billion | 8.43% | 0.51x | $469.97 Million |
| Dong Il Steel MFG Co Ltd (002690) | $128.43 Billion | 5.12% | 0.13x | $22.23 Million |
| Tcc Steel (002710) | $86.01 Billion | -127.34% | 3.38x | $350.50 Million |
| Seah Steel Corp (003030) | $457.02 Billion | 4.19% | 1.10x | $657.16 Million |
About POSCO Holdings
POSCO Holdings Inc., together with its subsidiaries, operates as an integrated steel producer in Korea and internationally. It operates through six segments: Steel, Trading, Construction, Logistics and Others, Green Materials and Energy, and Others. The company engages in the production, import, sale, and export of steel products, such as hot and cold rolled steel, stainless steel, plates, wire r… Read more