Finebesteel (133820) - Net Assets

Latest as of September 2025: ₩52.27 Billion KRW ≈ $35.43 Million USD

Based on the latest financial reports, Finebesteel (133820) has net assets worth ₩52.27 Billion KRW (≈ $35.43 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 (₩184.74 Billion ≈ $125.19 Million USD) and total liabilities (₩132.46 Billion ≈ $89.77 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 Finebesteel asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩52.27 Billion
% of Total Assets	28.3%
Annual Growth Rate	-4.81%
5-Year Change	-55.98%
10-Year Change	-66.73%
Growth Volatility	29.68

Finebesteel - Net Assets Trend (2013–2024)

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

Annual Net Assets for Finebesteel (2013–2024)

The table below shows the annual net assets of Finebesteel from 2013 to 2024. For live valuation and market cap data, see Finebesteel (133820) total market value.

Year	Net Assets	Change
2024-12-31	₩33.59 Billion ≈ $22.77 Million	-48.31%
2023-12-31	₩64.99 Billion ≈ $44.04 Million	-16.96%
2022-12-31	₩78.26 Billion ≈ $53.04 Million	-1.55%
2021-12-31	₩79.50 Billion ≈ $53.87 Million	+4.16%
2020-12-31	₩76.32 Billion ≈ $51.72 Million	-17.17%
2019-12-31	₩92.14 Billion ≈ $62.44 Million	-8.55%
2018-12-31	₩100.76 Billion ≈ $68.28 Million	+1.13%
2017-12-31	₩99.63 Billion ≈ $67.52 Million	-2.01%
2016-12-31	₩101.68 Billion ≈ $68.91 Million	+0.71%
2015-12-31	₩100.96 Billion ≈ $68.42 Million	-3.84%
2014-12-31	₩104.99 Billion ≈ $71.15 Million	+81.69%
2013-12-31	₩57.78 Billion ≈ $39.16 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Finebesteel'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 526.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	₩77.89 Billion	235.73%
Total Equity	₩33.04 Billion	100.00%

Finebesteel Competitors by Market Cap

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

Company	Market Cap
Kristal Kola ve Mesrubat Sanayi Ticaret AS IS:KRSTL	$40.25 Million
Brunswick Exploration Inc V:BRW	$40.26 Million
NHN Bugs Corp KQ:104200	$40.27 Million
Remsons Industries Limited NSE:REMSONSIND	$40.28 Million
Hamashbir 365 Holdings Ltd TA:MSBI	$40.22 Million
S H L Telemedicine Ltd SW:SHLTN	$40.21 Million
JP Morgan Global Growth & Income PLC LSE:JGGI	$40.20 Million
Enerside Energy S.A. MC:ENRS	$40.20 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 61,109,440,170 to 33,041,819,320, a change of -28,067,620,850 (-45.9%).
Net loss of 27,501,956,290 reduced equity.
New share issuances of 999,708,000 increased equity.
Other factors decreased equity by 1,565,372,560.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-27.50 Billion	-83.23%
Share Issuances	₩999.71 Million	+3.03%
Other Changes	₩-1.57 Billion	-4.74%
Total Change	₩-	-45.93%

Book Value vs Market Value Analysis

This analysis compares Finebesteel'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: 1.59x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.75x to 1.59x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	₩2281.01	₩1700.00	x
2014-12-31	₩3631.88	₩1700.00	x
2015-12-31	₩3256.13	₩1700.00	x
2016-12-31	₩3358.38	₩1700.00	x
2017-12-31	₩3257.15	₩1700.00	x
2018-12-31	₩3409.69	₩1700.00	x
2019-12-31	₩3122.71	₩1700.00	x
2020-12-31	₩2581.23	₩1700.00	x
2021-12-31	₩2501.26	₩1700.00	x
2022-12-31	₩2635.57	₩1700.00	x
2023-12-31	₩2042.56	₩1700.00	x
2024-12-31	₩1071.88	₩1700.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Finebesteel 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): -83.23%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -23.08%
• Asset Turnover: 0.78x
• Equity Multiplier: 4.61x
Recent ROE (-83.23%) is below the historical average (-7.38%), 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	29.33%	7.56%	1.11x	3.51x	₩11.17 Billion
2014	17.40%	7.10%	1.02x	2.41x	₩7.77 Billion
2015	1.20%	0.57%	0.96x	2.21x	₩-8.89 Billion
2016	0.74%	0.46%	0.72x	2.23x	₩-9.41 Billion
2017	1.11%	0.86%	0.59x	2.17x	₩-8.86 Billion
2018	1.96%	1.36%	0.64x	2.26x	₩-8.10 Billion
2019	-8.13%	-5.56%	0.64x	2.29x	₩-16.71 Billion
2020	-20.34%	-15.74%	0.55x	2.33x	₩-23.15 Billion
2021	2.99%	1.91%	0.68x	2.30x	₩-5.58 Billion
2022	-3.32%	-1.86%	0.78x	2.30x	₩-10.43 Billion
2023	-28.21%	-13.04%	0.69x	3.11x	₩-23.35 Billion
2024	-83.23%	-23.08%	0.78x	4.61x	₩-30.81 Billion

Industry Comparison

This section compares Finebesteel'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
Finebesteel (133820)	₩52.27 Billion	29.33%	2.53x	$40.22 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 Finebesteel

KO:133820 Korea Steel

Market Cap

$40.22 Million

₩59.35 Billion KRW

Market Cap Rank

#22676 Global

#1551 in Korea

Share Price

₩1700.00

Change (1 day)

-1.05%

52-Week Range

₩792.00 - ₩2700.00

All Time High

₩4465.00