Bookook Steel
Bookook Steel Co., Ltd., together with its subsidiaries, engages in the manufacturing and sale of steel products. The company provides hot-rolled and cold-rolled sheets for automobile-related companies; home appliances companies; and other steel distributors, as well as steel pipes and molded products. Bookook Steel Co., Ltd. was founded in 1948 and is headquartered in Gwangju-si, South Korea.
Bookook Steel (026940) - Net Assets
Latest net assets as of September 2025: ₩130.04 Billion KRW
Based on the latest financial reports, Bookook Steel (026940) has net assets worth ₩130.04 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 (₩153.05 Billion) and total liabilities (₩23.01 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 | ₩130.04 Billion |
| % of Total Assets | 84.96% |
| Annual Growth Rate | 1.93% |
| 5-Year Change | 16.25% |
| 10-Year Change | 22.68% |
| Growth Volatility | 2.3 |
Bookook Steel - Net Assets Trend (2013–2024)
This chart illustrates how Bookook 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 Bookook Steel (2013–2024)
The table below shows the annual net assets of Bookook Steel from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩131.68 Billion | -0.59% |
| 2023-12-31 | ₩132.46 Billion | +5.12% |
| 2022-12-31 | ₩126.01 Billion | +4.64% |
| 2021-12-31 | ₩120.42 Billion | +6.32% |
| 2020-12-31 | ₩113.27 Billion | +0.65% |
| 2019-12-31 | ₩112.54 Billion | +0.22% |
| 2018-12-31 | ₩112.30 Billion | -0.20% |
| 2017-12-31 | ₩112.52 Billion | +2.16% |
| 2016-12-31 | ₩110.14 Billion | +2.61% |
| 2015-12-31 | ₩107.34 Billion | +0.04% |
| 2014-12-31 | ₩107.29 Billion | +0.57% |
| 2013-12-31 | ₩106.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bookook 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 35.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩115.80 Billion | 87.94% |
| Other Components | ₩15.88 Billion | 12.06% |
| Total Equity | ₩131.68 Billion | 100.00% |
Bookook Steel Competitors by Market Cap
The table below lists competitors of Bookook Steel ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICTS International N.V
OTCQB:ICTSF
|
$14.79 Million |
|
Atende S.A.
WAR:ATD
|
$14.79 Million |
|
Netgem S.A.
LSE:0N9W
|
$14.79 Million |
|
Roscan Gold Corp
OTCQB:RCGCF
|
$14.79 Million |
|
Hannet Co. Ltd
KQ:052600
|
$14.79 Million |
|
Ewein Bhd
KLSE:7249
|
$14.79 Million |
|
Greenidge Generation Holdings Inc
NASDAQ:GREE
|
$14.79 Million |
|
Rubicon Organics Inc
OTCQX:ROMJF
|
$14.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bookook Steel's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 132,459,475,430 to 131,679,507,540, a change of -779,967,890 (-0.6%).
- Net income of 2,334,633,730 contributed positively to equity growth.
- Dividend payments of 1,500,000,000 reduced retained earnings.
- Other factors decreased equity by 1,614,601,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.33 Billion | +1.77% |
| Dividends Paid | ₩1.50 Billion | -1.14% |
| Other Changes | ₩-1.61 Billion | -1.23% |
| Total Change | ₩- | -0.59% |
Book Value vs Market Value Analysis
This analysis compares Bookook 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: 0.30x
- 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 | ₩5626.08 | ₩1977.00 | x |
| 2018-12-31 | ₩5614.89 | ₩1977.00 | x |
| 2019-12-31 | ₩5627.14 | ₩1977.00 | x |
| 2020-12-31 | ₩5663.45 | ₩1977.00 | x |
| 2021-12-31 | ₩6021.23 | ₩1977.00 | x |
| 2022-12-31 | ₩6300.40 | ₩1977.00 | x |
| 2023-12-31 | ₩6622.97 | ₩1977.00 | x |
| 2024-12-31 | ₩6583.98 | ₩1977.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bookook 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): 1.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.28%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 1.16x
- Recent ROE (1.77%) is below the historical average (2.73%), 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 | 3.25% | 1.42% | 1.78x | 1.29x | ₩-7.20 Billion |
| 2014 | 2.88% | 1.68% | 1.46x | 1.17x | ₩-7.64 Billion |
| 2015 | 0.10% | 0.06% | 1.38x | 1.12x | ₩-10.63 Billion |
| 2016 | 2.87% | 2.26% | 1.15x | 1.10x | ₩-7.85 Billion |
| 2017 | 2.06% | 1.59% | 1.13x | 1.15x | ₩-8.93 Billion |
| 2018 | 1.85% | 1.46% | 1.15x | 1.10x | ₩-9.15 Billion |
| 2019 | 1.63% | 1.39% | 1.08x | 1.09x | ₩-9.42 Billion |
| 2020 | 0.71% | 0.58% | 1.05x | 1.17x | ₩-10.52 Billion |
| 2021 | 7.30% | 4.49% | 1.30x | 1.25x | ₩-3.25 Billion |
| 2022 | 5.64% | 3.39% | 1.37x | 1.22x | ₩-5.50 Billion |
| 2023 | 2.74% | 1.89% | 1.23x | 1.18x | ₩-9.62 Billion |
| 2024 | 1.77% | 1.28% | 1.19x | 1.16x | ₩-10.83 Billion |
Industry Comparison
This section compares Bookook 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 |
|---|---|---|---|---|
| Bookook Steel (026940) | ₩130.04 Billion | 3.25% | 0.18x | $14.79 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 |