Seah Steel Corp Net Assets
Seah Steel Corp net assets. Based on the latest financial reports, Seah Steel Corp (306200) has net assets worth ₩1.11 Trillion KRW (≈ $753.40 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 (₩1.72 Trillion ≈ $1.17 Billion USD) and total liabilities (₩612.00 Billion ≈ $414.75 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 Seah Steel Corp equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.11 Trillion |
| % of Total Assets | 64.5% |
| Annual Growth Rate | 12.34% |
| 5-Year Change | 86.91% |
| 10-Year Change | N/A |
| Growth Volatility | 7.18 |
Net Assets of Seah Steel Corp (2018–2024)
Net assets of Seah Steel Corp from 2018 to 2024. This chart illustrates how Seah Steel Corp's net assets have evolved over time, based on quarterly financial data. See 306200 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Seah Steel Corp (2018–2024)
The table below shows the annual net assets of Seah Steel Corp from 2018 to 2024. For live market cap and overall valuation, see 306200 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.11 Trillion ≈ $753.96 Million |
+11.56% |
| 2023-12-31 | ₩997.25 Billion ≈ $675.82 Million |
+20.30% |
| 2022-12-31 | ₩829.00 Billion ≈ $561.80 Million |
+21.99% |
| 2021-12-31 | ₩679.59 Billion ≈ $460.55 Million |
+14.17% |
| 2020-12-31 | ₩595.25 Billion ≈ $403.39 Million |
+4.21% |
| 2019-12-31 | ₩571.20 Billion ≈ $387.09 Million |
+3.21% |
| 2018-12-31 | ₩553.45 Billion ≈ $375.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Seah Steel 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 5986.3% over the analyzed period, indicating profitable operations and earnings retention.
Seah Steel Corp Net Assets Breakdown (December 2024)
Seah Steel Corp net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩568.96 Billion | 51.14% |
| Other Components | ₩543.59 Billion | 48.86% |
| Total Equity | ₩1.11 Trillion | 100.00% |
Seah Steel Corp Competitors by Market Cap
The table below lists competitors of Seah Steel Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JINMAO PROPERTY SERVICES
F:TZ0
|
$230.45 Million |
|
Instabank ASA
OL:INSTA
|
$230.55 Million |
|
Rajratan Global Wire Limited
NSE:RAJRATAN
|
$230.61 Million |
|
Starz Entertainment LLC
NASDAQ:STRZ
|
$230.69 Million |
|
STINAG Stuttgart Invest AG
F:STG
|
$230.35 Million |
|
LightWave Acquisition Corp.
NASDAQ:LWAC
|
$230.33 Million |
|
Bank of Zhengzhou Co. Ltd
F:3BZ
|
$230.31 Million |
|
Condor Energies Inc.
TO:CDR
|
$230.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seah Steel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 997,250,711,470 to 1,112,556,559,040, a change of 115,305,847,570 (11.6%).
- Net income of 137,062,259,160 contributed positively to equity growth.
- Dividend payments of 22,400,800,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩137.06 Billion | +12.32% |
| Dividends Paid | ₩22.40 Billion | -2.01% |
| Other Changes | ₩644.39 Million | +0.06% |
| Total Change | ₩- | 11.56% |
Book Value vs Market Value Analysis
This analysis compares Seah Steel 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: 0.31x
- 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 0.62x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩195374.15 | ₩121400.00 | x |
| 2019-12-31 | ₩201388.43 | ₩121400.00 | x |
| 2020-12-31 | ₩212582.49 | ₩121400.00 | x |
| 2021-12-31 | ₩242703.02 | ₩121400.00 | x |
| 2022-12-31 | ₩296061.52 | ₩121400.00 | x |
| 2023-12-31 | ₩356148.25 | ₩121400.00 | x |
| 2024-12-31 | ₩397327.44 | ₩121400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seah Steel 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): 12.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.57%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.64x
- Recent ROE (12.32%) is above the historical average (10.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 1.27% | 1.62% | 0.41x | 1.90x | ₩-48.32 Billion |
| 2019 | 4.35% | 2.03% | 1.19x | 1.80x | ₩-32.27 Billion |
| 2020 | 5.55% | 2.87% | 1.09x | 1.77x | ₩-26.47 Billion |
| 2021 | 13.45% | 6.10% | 1.22x | 1.81x | ₩23.44 Billion |
| 2022 | 19.22% | 8.84% | 1.23x | 1.77x | ₩76.39 Billion |
| 2023 | 18.94% | 10.15% | 1.21x | 1.54x | ₩89.11 Billion |
| 2024 | 12.32% | 7.57% | 0.99x | 1.64x | ₩25.81 Billion |
Industry Comparison
This section compares Seah Steel Corp's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $874,175,157,069
- Average return on equity (ROE) among peers: 4.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seah Steel Corp (306200) | ₩1.11 Trillion | 1.27% | 0.55x | $230.37 Million |
| Korea Cast Pip (000970) | $350.66 Billion | 3.43% | 0.21x | $91.84 Million |
| Manho Rope&Wir (001080) | $159.52 Billion | 0.00% | 0.16x | $8.28 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $1.78 Trillion | 12.66% | 0.36x | $193.70 Million |
| SeAH Bestee (001430) | $1.97 Trillion | 4.61% | 0.94x | $699.93 Million |
| Kisco Holdings (001940) | $1.13 Trillion | 0.45% | 0.22x | $221.28 Million |
| Hanil Iron & S (002220) | $161.36 Billion | -4.62% | 0.93x | $45.88 Million |
| Kis Wire (002240) | $1.48 Trillion | 0.67% | 0.59x | $271.19 Million |
| Dong Il Steel MFG Co Ltd (002690) | $131.30 Billion | 1.04% | 0.14x | $16.89 Million |
| Tcc Steel (002710) | $226.00 Billion | 0.06% | 1.42x | $174.80 Million |
| Seah Steel Corp (003030) | $1.35 Trillion | 23.40% | 0.81x | $271.35 Million |
About Seah Steel Corp
SeAH Steel Corporation manufactures and sells steel products in South Korea. The company offers steel, structural steel, material, stainless steel, and titanium steel pipes. Its steel pipes are used for piping, electrical wires, oil pipelines and wells, boilers, and heat exchangers. The company is headquartered in Seoul, South Korea.