Hwang-Kum Stee

KO:032560 Korea Steel
Market Cap
$68.22 Million
₩99.89 Billion KRW
Market Cap Rank
#23680 Global
#1303 in Korea
Share Price
₩5880.00
Change (1 day)
-0.51%
52-Week Range
₩4880.00 - ₩6510.00
All Time High
₩11906.27
Categories
Companies in Korea Steel
About

Hwang Kum Steel & Technology Co., Ltd produces and sells stainless steel products in South Korea. The company offers hot-rolled (HR), cold-rolled, surface processing, long, shape processing, and stainless-steel pipe products; and carbon steel products comprising HR steel for general structures and high strength steel, checkered plates, flat bars, and sheath tubes. It offers its products under the… Read more

Hwang-Kum Stee (032560) - Net Assets

Latest net assets as of September 2025: ₩431.40 Billion KRW

Based on the latest financial reports, Hwang-Kum Stee (032560) has net assets worth ₩431.40 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 (₩542.00 Billion) and total liabilities (₩110.61 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 ₩431.40 Billion
% of Total Assets 79.59%
Annual Growth Rate 11.65%
5-Year Change 35.12%
10-Year Change 126.44%
Growth Volatility 10.46

Hwang-Kum Stee - Net Assets Trend (2003–2024)

This chart illustrates how Hwang-Kum Stee's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hwang-Kum Stee (2003–2024)

The table below shows the annual net assets of Hwang-Kum Stee from 2003 to 2024.

Year Net Assets Change
2024-12-31 ₩417.53 Billion +4.16%
2023-12-31 ₩400.86 Billion +7.35%
2022-12-31 ₩373.42 Billion +12.30%
2021-12-31 ₩332.51 Billion +7.61%
2020-12-31 ₩309.00 Billion +5.05%
2019-12-31 ₩294.16 Billion +9.62%
2018-12-31 ₩268.33 Billion +8.48%
2017-12-31 ₩247.35 Billion +10.63%
2016-12-31 ₩223.58 Billion +21.25%
2015-12-31 ₩184.39 Billion +2.45%
2014-12-31 ₩179.98 Billion +4.76%
2013-12-31 ₩171.81 Billion +5.25%
2012-12-31 ₩163.23 Billion +2.72%
2011-12-31 ₩158.91 Billion +30.24%
2010-12-31 ₩122.02 Billion +14.39%
2009-12-31 ₩106.67 Billion +16.73%
2006-12-31 ₩91.38 Billion +19.33%
2005-12-31 ₩76.58 Billion +35.88%
2004-12-31 ₩56.36 Billion +36.51%
2003-12-31 ₩41.28 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hwang-Kum Stee'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 143387.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩343.51 Billion 92.77%
Other Components ₩26.78 Billion 7.23%
Total Equity ₩370.29 Billion 100.00%

Hwang-Kum Stee Competitors by Market Cap

The table below lists competitors of Hwang-Kum Stee ranked by their market capitalization.

Company Market Cap
SILVER CROWN ROYALTIES INC.
NEO:SCRI
 		$29.57 Million
Palma Serasih PT
JK:PSGO
 		$29.57 Million
Apex Equity Holdings Bhd
KLSE:5088
 		$29.57 Million
SkyWorld Development Berhad
KLSE:5315
 		$29.58 Million
PTT Synergy Group Bhd
KLSE:7010
 		$29.56 Million
Vranken-Pommery Monopole Société Anonyme
PA:VRAP
 		$29.55 Million
Gaush Meditech Ltd
F:F7Y
 		$29.55 Million
S Connect Co. LTD
KQ:096630
 		$29.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hwang-Kum Stee's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 355,839,594,190 to 370,286,252,980, a change of 14,446,658,790 (4.1%).
  • Net income of 16,339,501,910 contributed positively to equity growth.
  • Dividend payments of 3,835,133,800 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩16.34 Billion +4.41%
Dividends Paid ₩3.84 Billion -1.04%
Other Changes ₩1.94 Billion +0.52%
Total Change ₩- 4.06%

Book Value vs Market Value Analysis

This analysis compares Hwang-Kum Stee'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: 0.27x
  • 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 0.43x to 0.27x 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 ₩13588.45 ₩5880.00 x
2018-12-31 ₩14455.87 ₩5880.00 x
2019-12-31 ₩16258.43 ₩5880.00 x
2020-12-31 ₩17073.30 ₩5880.00 x
2021-12-31 ₩17452.26 ₩5880.00 x
2022-12-31 ₩19635.94 ₩5880.00 x
2023-12-31 ₩20945.56 ₩5880.00 x
2024-12-31 ₩21795.93 ₩5880.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hwang-Kum Stee 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): 4.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.09%
  • • Asset Turnover: 0.61x
  • • Equity Multiplier: 1.41x
  • Recent ROE (4.41%) is below the historical average (9.88%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 13.15% 12.28% 0.58x 1.85x ₩1.17 Billion
2004 28.28% 16.97% 1.02x 1.64x ₩9.38 Billion
2005 15.52% 9.31% 0.93x 1.78x ₩3.45 Billion
2006 17.06% 9.74% 1.03x 1.70x ₩5.26 Billion
2009 15.47% 10.92% 0.81x 1.76x ₩5.60 Billion
2010 12.42% 7.73% 0.86x 1.86x ₩2.80 Billion
2011 5.99% 4.24% 0.83x 1.70x ₩-6.09 Billion
2012 3.56% 3.14% 0.73x 1.55x ₩-10.04 Billion
2013 3.85% 3.40% 0.72x 1.57x ₩-9.93 Billion
2014 4.60% 4.15% 0.75x 1.49x ₩-9.11 Billion
2015 2.52% 2.51% 0.59x 1.71x ₩-12.89 Billion
2016 10.46% 9.21% 0.61x 1.88x ₩913.16 Million
2017 9.23% 8.96% 0.62x 1.67x ₩-1.67 Billion
2018 6.28% 5.93% 0.60x 1.76x ₩-8.60 Billion
2019 9.66% 10.31% 0.61x 1.53x ₩-888.41 Million
2020 6.14% 6.49% 0.56x 1.69x ₩-10.55 Billion
2021 10.06% 11.01% 0.63x 1.46x ₩176.36 Million
2022 12.12% 12.13% 0.69x 1.44x ₩7.08 Billion
2023 6.78% 6.79% 0.69x 1.44x ₩-11.46 Billion
2024 4.41% 5.09% 0.61x 1.41x ₩-20.69 Billion

Industry Comparison

This section compares Hwang-Kum Stee'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
Hwang-Kum Stee (032560) ₩431.40 Billion 13.15% 0.26x $29.56 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