Ni Steel (008260) - Net Assets

Latest as of September 2025: ₩265.35 Billion KRW ≈ $179.83 Million USD

Based on the latest financial reports, Ni Steel (008260) has net assets worth ₩265.35 Billion KRW (≈ $179.83 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩531.12 Billion ≈ $359.93 Million USD) and total liabilities (₩265.77 Billion ≈ $180.11 Million 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 Ni Steel liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩265.35 Billion
% of Total Assets	49.96%
Annual Growth Rate	12.62%
5-Year Change	109.59%
10-Year Change	224.73%
Growth Volatility	8.24

Ni Steel - Net Assets Trend (2013–2024)

This chart illustrates how Ni Steel's net assets have evolved over time, based on quarterly financial data. Also explore 008260 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Ni Steel (2013–2024)

The table below shows the annual net assets of Ni Steel from 2013 to 2024. For live valuation and market cap data, see 008260 market cap overview.

Year	Net Assets	Change
2024-12-31	₩254.52 Billion ≈ $172.49 Million	+8.68%
2023-12-31	₩234.19 Billion ≈ $158.71 Million	+24.44%
2022-12-31	₩188.20 Billion ≈ $127.54 Million	+32.67%
2021-12-31	₩141.85 Billion ≈ $96.13 Million	+16.81%
2020-12-31	₩121.44 Billion ≈ $82.30 Million	+9.52%
2019-12-31	₩110.88 Billion ≈ $75.14 Million	+4.31%
2018-12-31	₩106.30 Billion ≈ $72.04 Million	+8.33%
2017-12-31	₩98.12 Billion ≈ $66.50 Million	+12.98%
2016-12-31	₩86.85 Billion ≈ $58.86 Million	+10.81%
2015-12-31	₩78.38 Billion ≈ $53.12 Million	+8.04%
2014-12-31	₩72.55 Billion ≈ $49.16 Million	+5.38%
2013-12-31	₩68.84 Billion ≈ $46.65 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ni 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 485.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩236.65 Billion	92.98%
Other Components	₩17.87 Billion	7.02%
Total Equity	₩254.52 Billion	100.00%

Ni Steel Competitors by Market Cap

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

Company	Market Cap
Incheon City G KO:034590	$75.28 Million
Papilon Savunma Guvenlik Sistemleri IS:PAPIL	$75.30 Million
Aviv Arlon Ltd TA:AVLN	$75.32 Million
Hastings Technology Metals Ltd AU:HAS	$75.36 Million
Spruce Ridge Resources Ltd. V:SHL	$75.24 Million
Lifetime Brands Inc NASDAQ:LCUT	$75.22 Million
Adrad Holdings Ltd AU:AHL	$75.22 Million
HLB Global Co Ltd KO:003580	$75.18 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 234,190,235,860 to 254,522,399,420, a change of 20,332,163,560 (8.7%).
Net income of 25,722,065,610 contributed positively to equity growth.
Dividend payments of 3,575,014,620 reduced retained earnings.
Share repurchases of 1,451,970,790 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩25.72 Billion	+10.11%
Dividends Paid	₩3.58 Billion	-1.4%
Share Repurchases	₩1.45 Billion	-0.57%
Other Changes	₩-362.92 Million	-0.14%
Total Change	₩-	8.68%

Book Value vs Market Value Analysis

This analysis compares Ni 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: 0.44x
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 1.14x to 0.44x 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	₩3451.82	₩3940.00	x
2018-12-31	₩3716.73	₩3940.00	x
2019-12-31	₩3877.07	₩3940.00	x
2020-12-31	₩4246.13	₩3940.00	x
2021-12-31	₩4959.88	₩3940.00	x
2022-12-31	₩6580.23	₩3940.00	x
2023-12-31	₩8188.44	₩3940.00	x
2024-12-31	₩9017.16	₩3940.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ni 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): 10.11%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.34%
• Asset Turnover: 0.58x
• Equity Multiplier: 1.86x
Recent ROE (10.11%) is below the historical average (12.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	10.82%	6.14%	0.79x	2.24x	₩564.42 Million
2014	7.31%	4.19%	0.75x	2.33x	₩-1.95 Billion
2015	9.06%	5.99%	0.67x	2.25x	₩-738.12 Million
2016	11.77%	8.94%	0.55x	2.39x	₩1.54 Billion
2017	11.19%	7.29%	0.60x	2.56x	₩1.16 Billion
2018	9.60%	6.77%	0.62x	2.29x	₩-425.40 Million
2019	5.79%	4.33%	0.57x	2.33x	₩-4.67 Billion
2020	9.99%	6.30%	0.67x	2.37x	₩-10.44 Million
2021	15.55%	8.89%	0.73x	2.40x	₩7.87 Billion
2022	25.92%	13.73%	0.89x	2.11x	₩29.97 Billion
2023	21.44%	13.11%	0.85x	1.91x	₩26.79 Billion
2024	10.11%	9.34%	0.58x	1.86x	₩269.83 Million

Industry Comparison

This section compares Ni Steel's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $844,740,783,393
Average return on equity (ROE) among peers: 3.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ni Steel (008260)	₩265.35 Billion	10.82%	1.00x	$75.26 Million
Korea Cast Pip (000970)	$224.35 Billion	3.36%	0.34x	$107.15 Million
Manho Rope&Wir (001080)	$145.98 Billion	0.00%	0.34x	$12.22 Million
Dongkuk Steel Mill Co Ltd (001230)	$2.25 Trillion	-10.63%	2.07x	$240.28 Million
SeAH Bestee (001430)	$2.04 Trillion	6.29%	0.80x	$1.83 Billion
Kisco Holdings (001940)	$1.50 Trillion	5.33%	0.16x	$231.09 Million
Hanil Iron & S (002220)	$177.76 Billion	14.38%	0.91x	$86.32 Million
Kis Wire (002240)	$617.89 Billion	5.08%	0.51x	$469.97 Million
Dong Il Steel MFG Co Ltd (002690)	$153.66 Billion	-0.31%	0.12x	$22.23 Million
Tcc Steel (002710)	$119.49 Billion	3.73%	1.17x	$350.50 Million
Seah Steel Corp (003030)	$1.23 Trillion	3.72%	0.69x	$657.16 Million

About Ni Steel

KO:008260 Korea Steel

Market Cap

$75.26 Million

₩111.06 Billion KRW

Market Cap Rank

#20292 Global

#1177 in Korea

Share Price

₩3940.00

Change (1 day)

-1.50%

52-Week Range

₩3290.00 - ₩4095.00

All Time High

₩7911.39