Han Kook Steel
Hankook Steel Co., Ltd. manufactures and sells steel products in South Korea. The company offers castings, including rudder horns, propeller boss, lower casting, stern boss and tubes, and tillers for shipbuilding; crowns, frames, column, discharge heads, roll chocks, slag pots, tee dies, bending dies, girth gears, holding blocks, mill housing, tables, and trunnions for industrial purpose; and tur… Read more
Han Kook Steel (025890) - Net Assets
Latest net assets as of September 2025: ₩33.64 Billion KRW
Based on the latest financial reports, Han Kook Steel (025890) has net assets worth ₩33.64 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 (₩40.33 Billion) and total liabilities (₩6.69 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 | ₩33.64 Billion |
| % of Total Assets | 83.41% |
| Annual Growth Rate | -6.65% |
| 5-Year Change | 13.73% |
| 10-Year Change | -48.38% |
| Growth Volatility | 10.79 |
Han Kook Steel - Net Assets Trend (2013–2024)
This chart illustrates how Han Kook Steel's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Han Kook Steel (2013–2024)
The table below shows the annual net assets of Han Kook Steel from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩34.14 Billion | +3.50% |
| 2023-12-31 | ₩32.98 Billion | +10.77% |
| 2022-12-31 | ₩29.77 Billion | +6.09% |
| 2021-12-31 | ₩28.06 Billion | -6.50% |
| 2020-12-31 | ₩30.01 Billion | -6.83% |
| 2019-12-31 | ₩32.21 Billion | -28.68% |
| 2018-12-31 | ₩45.16 Billion | -19.85% |
| 2017-12-31 | ₩56.35 Billion | -10.13% |
| 2016-12-31 | ₩62.70 Billion | -5.18% |
| 2015-12-31 | ₩66.12 Billion | -0.53% |
| 2014-12-31 | ₩66.48 Billion | -8.70% |
| 2013-12-31 | ₩72.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Han Kook 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 decreased by 56.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩24.69 Billion | 72.34% |
| Other Components | ₩9.44 Billion | 27.66% |
| Total Equity | ₩34.14 Billion | 100.00% |
Han Kook Steel Competitors by Market Cap
The table below lists competitors of Han Kook Steel ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Organoclick AB
ST:ORGC
|
$4.39 Million |
|
JHS Svendgaard Laboratories Limited
NSE:JHS
|
$4.39 Million |
|
PT Ecocare Indo Pasifik Tbk
JK:HYGN
|
$4.39 Million |
|
Energy Focu
NASDAQ:EFOI
|
$4.39 Million |
|
Grid Metals Corp
OTCQB:MSMGF
|
$4.39 Million |
|
Decade Resources Ltd
PINK:DECXF
|
$4.39 Million |
|
WASGAU Produktions & Handels AG
F:MSH
|
$4.39 Million |
|
Maxtech Ventures Inc
PINK:MTEHF
|
$4.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Han Kook Steel's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,979,507,770 to 34,135,293,910, a change of 1,155,786,140 (3.5%).
- Net income of 762,134,340 contributed positively to equity growth.
- Other factors increased equity by 393,651,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩762.13 Million | +2.23% |
| Other Changes | ₩393.65 Million | +1.15% |
| Total Change | ₩- | 3.50% |
Book Value vs Market Value Analysis
This analysis compares Han Kook 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: 0.52x
- 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 0.32x to 0.52x 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 | ₩5055.82 | ₩1596.00 | x |
| 2018-12-31 | ₩4052.43 | ₩1596.00 | x |
| 2019-12-31 | ₩2890.39 | ₩1596.00 | x |
| 2020-12-31 | ₩2693.09 | ₩1596.00 | x |
| 2021-12-31 | ₩2517.98 | ₩1596.00 | x |
| 2022-12-31 | ₩2671.42 | ₩1596.00 | x |
| 2023-12-31 | ₩2959.23 | ₩1596.00 | x |
| 2024-12-31 | ₩3062.94 | ₩1596.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Han Kook 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): 2.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.61%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.22x
- Recent ROE (2.23%) is above the historical average (-6.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.84% | 3.83% | 0.45x | 1.07x | ₩-5.94 Billion |
| 2014 | -3.17% | -5.57% | 0.50x | 1.14x | ₩-8.75 Billion |
| 2015 | 2.05% | 4.03% | 0.48x | 1.07x | ₩-5.26 Billion |
| 2016 | -5.80% | -13.71% | 0.41x | 1.03x | ₩-9.90 Billion |
| 2017 | -8.39% | -15.79% | 0.35x | 1.51x | ₩-10.36 Billion |
| 2018 | -22.41% | -25.86% | 0.65x | 1.34x | ₩-14.64 Billion |
| 2019 | -42.11% | -37.40% | 0.75x | 1.51x | ₩-16.79 Billion |
| 2020 | -4.44% | -3.93% | 0.73x | 1.55x | ₩-4.33 Billion |
| 2021 | -6.48% | -4.01% | 0.90x | 1.79x | ₩-4.63 Billion |
| 2022 | 5.78% | 3.17% | 1.13x | 1.61x | ₩-1.26 Billion |
| 2023 | 7.57% | 4.64% | 1.22x | 1.34x | ₩-802.86 Million |
| 2024 | 2.23% | 1.61% | 1.14x | 1.22x | ₩-2.65 Billion |
Industry Comparison
This section compares Han Kook Steel'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 |
|---|---|---|---|---|
| Han Kook Steel (025890) | ₩33.64 Billion | 1.84% | 0.20x | $4.39 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 |