Korea Steel Co Ltd
Korea Steel Co., Ltd. manufactures and sells steel products in South Korea and internationally. It offers shaped steel materials; steel, flat, and reinforcing bars; billets; and grating products. Its products are used as basic materials for downstream industries, such as construction, shipbuilding, automobiles, and machinery industry. The company was formerly known as Korea Steel Shapes Co., Ltd.… Read more
Korea Steel Co Ltd (007280) - Net Assets
Latest net assets as of September 2025: ₩215.06 Billion KRW
Based on the latest financial reports, Korea Steel Co Ltd (007280) has net assets worth ₩215.06 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 (₩564.30 Billion) and total liabilities (₩349.24 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 | ₩215.06 Billion |
| % of Total Assets | 38.11% |
| Annual Growth Rate | 6.85% |
| 5-Year Change | 128.51% |
| 10-Year Change | 468.5% |
| Growth Volatility | 35.1 |
Korea Steel Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Korea Steel Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Korea Steel Co Ltd (2013–2024)
The table below shows the annual net assets of Korea Steel Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩222.04 Billion | -1.97% |
| 2023-12-31 | ₩226.50 Billion | +13.42% |
| 2022-12-31 | ₩199.70 Billion | +40.64% |
| 2021-12-31 | ₩141.99 Billion | +46.13% |
| 2020-12-31 | ₩97.17 Billion | +44.03% |
| 2019-12-31 | ₩67.46 Billion | -28.74% |
| 2018-12-31 | ₩94.67 Billion | +53.18% |
| 2017-12-31 | ₩61.80 Billion | +5.02% |
| 2016-12-31 | ₩58.85 Billion | +50.68% |
| 2015-12-31 | ₩39.06 Billion | -55.86% |
| 2014-12-31 | ₩88.49 Billion | -17.39% |
| 2013-12-31 | ₩107.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Steel Co Ltd'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 150.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩109.40 Billion | 49.27% |
| Other Components | ₩112.64 Billion | 50.73% |
| Total Equity | ₩222.04 Billion | 100.00% |
Korea Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Korea Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Buana Finance Tbk
JK:BBLD
|
$25.56 Million |
|
HCB Financial Corp
PINK:HCBN
|
$25.57 Million |
|
Seafarer Exploration
PINK:SFRX
|
$25.57 Million |
|
Fairchem Organics Limited
NSE:FAIRCHEMOR
|
$25.58 Million |
|
Royalty Management Holding Corporation
NASDAQ:RMCO
|
$25.55 Million |
|
Shin Yang Shipping Corporation Bhd
KLSE:5173
|
$25.55 Million |
|
Kwang Ming Silk Mill Co Ltd
TWO:4420
|
$25.54 Million |
|
BIDV Insurance Corp
VN:BIC
|
$25.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 226,498,155,490 to 222,038,176,740, a change of -4,459,978,750 (-2.0%).
- Net loss of 2,916,913,260 reduced equity.
- Share repurchases of 336,857,800 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.92 Billion | -1.31% |
| Share Repurchases | ₩336.86 Million | -0.15% |
| Other Changes | ₩-1.21 Billion | -0.54% |
| Total Change | ₩- | -1.97% |
Book Value vs Market Value Analysis
This analysis compares Korea Steel Co Ltd'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: 0.38x
- 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 | ₩3429.61 | ₩1401.00 | x |
| 2018-12-31 | ₩2926.14 | ₩1401.00 | x |
| 2019-12-31 | ₩2085.15 | ₩1401.00 | x |
| 2020-12-31 | ₩1825.01 | ₩1401.00 | x |
| 2021-12-31 | ₩2666.87 | ₩1401.00 | x |
| 2022-12-31 | ₩3295.97 | ₩1401.00 | x |
| 2023-12-31 | ₩3738.23 | ₩1401.00 | x |
| 2024-12-31 | ₩3663.57 | ₩1401.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Steel Co Ltd 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): -1.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.38%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 2.48x
- Recent ROE (-1.31%) is above the historical average (-10.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -10.31% | -1.96% | 1.06x | 4.97x | ₩-21.76 Billion |
| 2014 | -22.81% | -4.66% | 0.87x | 5.66x | ₩-29.03 Billion |
| 2015 | -140.09% | -19.52% | 0.74x | 9.74x | ₩-58.62 Billion |
| 2016 | 6.90% | 1.64% | 0.70x | 6.04x | ₩-1.82 Billion |
| 2017 | 18.76% | 3.35% | 1.01x | 5.57x | ₩5.42 Billion |
| 2018 | -6.04% | -1.57% | 1.07x | 3.61x | ₩-15.18 Billion |
| 2019 | -33.10% | -5.71% | 1.25x | 4.65x | ₩-29.08 Billion |
| 2020 | 3.44% | 0.80% | 1.19x | 3.58x | ₩-6.38 Billion |
| 2021 | 25.91% | 5.32% | 1.51x | 3.23x | ₩22.58 Billion |
| 2022 | 20.35% | 5.11% | 1.45x | 2.74x | ₩20.66 Billion |
| 2023 | 12.42% | 3.39% | 1.48x | 2.48x | ₩5.48 Billion |
| 2024 | -1.31% | -0.38% | 1.40x | 2.48x | ₩-25.12 Billion |
Industry Comparison
This section compares Korea Steel Co Ltd'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 |
|---|---|---|---|---|
| Korea Steel Co Ltd (007280) | ₩215.06 Billion | -10.31% | 1.62x | $25.55 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 |