KISCO Corp Net Assets
KISCO Corp net assets. Based on the latest financial reports, KISCO Corp (104700) has net assets worth ₩762.33 Billion KRW (≈ $516.62 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 (₩841.17 Billion ≈ $570.05 Million USD) and total liabilities (₩78.84 Billion ≈ $53.43 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. Also explore 104700 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩762.33 Billion |
| % of Total Assets | 90.63% |
| Annual Growth Rate | 1.52% |
| 5-Year Change | 16.29% |
| 10-Year Change | 11.19% |
| Growth Volatility | 5.02 |
Net Assets of KISCO Corp (2013–2024)
Net assets of KISCO Corp from 2013 to 2024. This chart illustrates how KISCO Corp's net assets have evolved over time, based on quarterly financial data. See KISCO Corp balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for KISCO Corp (2013–2024)
The table below shows the annual net assets of KISCO Corp from 2013 to 2024. For live market cap and overall valuation, see market value of KISCO Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩810.36 Billion ≈ $549.17 Million |
-4.86% |
| 2023-12-31 | ₩851.75 Billion ≈ $577.22 Million |
+7.69% |
| 2022-12-31 | ₩790.92 Billion ≈ $535.99 Million |
+9.52% |
| 2021-12-31 | ₩722.19 Billion ≈ $489.42 Million |
+3.64% |
| 2020-12-31 | ₩696.83 Billion ≈ $472.23 Million |
-3.88% |
| 2019-12-31 | ₩724.94 Billion ≈ $491.28 Million |
+1.07% |
| 2018-12-31 | ₩717.25 Billion ≈ $486.07 Million |
-0.14% |
| 2017-12-31 | ₩718.28 Billion ≈ $486.77 Million |
-6.59% |
| 2016-12-31 | ₩768.95 Billion ≈ $521.11 Million |
+5.51% |
| 2015-12-31 | ₩728.82 Billion ≈ $493.91 Million |
+5.50% |
| 2014-12-31 | ₩690.83 Billion ≈ $468.16 Million |
+0.60% |
| 2013-12-31 | ₩686.72 Billion ≈ $465.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KISCO Corp'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 279.0% over the analyzed period, indicating profitable operations and earnings retention.
KISCO Corp Net Assets Breakdown (December 2024)
KISCO Corp net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩291.85 Billion | 36.02% |
| Other Components | ₩518.51 Billion | 63.98% |
| Total Equity | ₩810.36 Billion | 100.00% |
KISCO Corp Competitors by Market Cap
The table below lists competitors of KISCO Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hylink Digital Solution Co Ltd
SHG:603825
|
$234.29 Million |
|
Hyundai Motor S3 Pref
KO:005389
|
$234.30 Million |
|
Vimta Labs Limited
NSE:VIMTALABS
|
$234.34 Million |
|
Alro Slatina
RO:ALR
|
$234.37 Million |
|
GreenTech Environmental Co Ltd
SHG:688466
|
$233.98 Million |
|
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
SHE:301063
|
$233.96 Million |
|
Anhui Fuhuang Steel Structure Co Ltd
SHE:002743
|
$233.76 Million |
|
Shinsegae Inte
KO:031430
|
$233.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KISCO Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 851,747,532,600 to 810,359,379,860, a change of -41,388,152,740 (-4.9%).
- Net income of 23,450,927,880 contributed positively to equity growth.
- Dividend payments of 15,528,372,670 reduced retained earnings.
- Share repurchases of 59,890,106,190 reduced equity.
- Other factors increased equity by 10,579,398,240.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩23.45 Billion | +2.89% |
| Dividends Paid | ₩15.53 Billion | -1.92% |
| Share Repurchases | ₩59.89 Billion | -7.39% |
| Other Changes | ₩10.58 Billion | +1.31% |
| Total Change | ₩- | -4.86% |
Book Value vs Market Value Analysis
This analysis compares KISCO Corp'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 0.67x 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 | ₩15603.22 | ₩10430.00 | x |
| 2018-12-31 | ₩15580.84 | ₩10430.00 | x |
| 2019-12-31 | ₩15747.81 | ₩10430.00 | x |
| 2020-12-31 | ₩15435.00 | ₩10430.00 | x |
| 2021-12-31 | ₩18601.35 | ₩10430.00 | x |
| 2022-12-31 | ₩20371.62 | ₩10430.00 | x |
| 2023-12-31 | ₩21938.39 | ₩10430.00 | x |
| 2024-12-31 | ₩23631.84 | ₩10430.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KISCO Corp 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): 2.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.91%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.11x
- Recent ROE (2.89%) is below the historical average (4.08%), 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 | 1.37% | 1.14% | 0.91x | 1.32x | ₩-59.27 Billion |
| 2014 | 2.60% | 2.41% | 0.83x | 1.31x | ₩-51.09 Billion |
| 2015 | 7.36% | 7.83% | 0.76x | 1.23x | ₩-19.26 Billion |
| 2016 | 6.05% | 7.02% | 0.70x | 1.22x | ₩-30.35 Billion |
| 2017 | -6.04% | -5.87% | 0.83x | 1.23x | ₩-115.20 Billion |
| 2018 | 1.70% | 1.57% | 0.86x | 1.27x | ₩-59.55 Billion |
| 2019 | 2.63% | 2.65% | 0.82x | 1.20x | ₩-53.41 Billion |
| 2020 | -1.21% | -1.34% | 0.73x | 1.25x | ₩-78.14 Billion |
| 2021 | 13.47% | 10.97% | 0.98x | 1.26x | ₩25.03 Billion |
| 2022 | 10.09% | 7.50% | 1.13x | 1.19x | ₩693.69 Million |
| 2023 | 8.00% | 7.53% | 0.93x | 1.14x | ₩-17.00 Billion |
| 2024 | 2.89% | 3.91% | 0.67x | 1.11x | ₩-57.59 Billion |
Industry Comparison
This section compares KISCO Corp's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $718,171,991,264
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KISCO Corp (104700) | ₩762.33 Billion | 1.37% | 0.10x | $234.03 Million |
| Korea Cast Pip (000970) | $350.66 Billion | 3.43% | 0.21x | $91.26 Million |
| Manho Rope&Wir (001080) | $158.75 Billion | 2.23% | 0.21x | $8.53 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $2.22 Trillion | 13.45% | 1.46x | $194.01 Million |
| SeAH Bestee (001430) | $1.99 Trillion | 4.45% | 0.77x | $690.21 Million |
| Kisco Holdings (001940) | $451.75 Billion | 30.68% | 0.28x | $192.70 Million |
| Hanil Iron & S (002220) | $267.37 Billion | 0.99% | 1.07x | $44.23 Million |
| Kis Wire (002240) | $1.05 Trillion | 7.82% | 0.48x | $261.68 Million |
| Dong Il Steel MFG Co Ltd (002690) | $153.66 Billion | -0.31% | 0.12x | $17.10 Million |
| Tcc Steel (002710) | $140.22 Billion | 0.68% | 1.08x | $179.78 Million |
| Seah Steel Corp (003030) | $401.74 Billion | 10.05% | 1.13x | $260.67 Million |
About KISCO Corp
KISCO Corp. develops and produces steel products in South Korea. The company offers reinforcing bars, gas, and billets. It also offers industrial gases, including oxygen, liquid nitrogen, and argon. KISCO Corp. was founded in 1957 and is headquartered in Changwon-Si, South Korea.