Wonil Special Steel Co. Ltd
Wonil Special Steel Co., Ltd. manufactures and distributes special steel products. The company offers high carbon and high speed tool, hot and cold work tool, plastic mold, carbon and alloy structural, bearing, and flame hardening steel products in the form of shaped steel, bars, plates, hot-rolled, and half-finished products. Its products are used in a range of industries, such as automotive, el… Read more
Wonil Special Steel Co. Ltd (012620) - Net Assets
Latest net assets as of September 2025: ₩166.58 Billion KRW
Based on the latest financial reports, Wonil Special Steel Co. Ltd (012620) has net assets worth ₩166.58 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 (₩280.88 Billion) and total liabilities (₩114.30 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 | ₩166.58 Billion |
| % of Total Assets | 59.31% |
| Annual Growth Rate | 6.83% |
| 5-Year Change | 35.15% |
| 10-Year Change | 76.0% |
| Growth Volatility | 3.63 |
Wonil Special Steel Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Wonil Special Steel Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wonil Special Steel Co. Ltd (2011–2024)
The table below shows the annual net assets of Wonil Special Steel Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩160.20 Billion | +3.55% |
| 2023-12-31 | ₩154.71 Billion | +4.36% |
| 2022-12-31 | ₩148.25 Billion | +7.44% |
| 2021-12-31 | ₩137.99 Billion | +16.41% |
| 2020-12-31 | ₩118.53 Billion | +0.44% |
| 2019-12-31 | ₩118.01 Billion | +8.62% |
| 2018-12-31 | ₩108.64 Billion | +5.26% |
| 2017-12-31 | ₩103.21 Billion | +7.40% |
| 2016-12-31 | ₩96.10 Billion | +5.57% |
| 2015-12-31 | ₩91.02 Billion | +4.97% |
| 2014-12-31 | ₩86.72 Billion | +9.22% |
| 2013-12-31 | ₩79.40 Billion | +7.35% |
| 2012-12-31 | ₩73.96 Billion | +9.03% |
| 2011-12-31 | ₩67.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wonil Special Steel Co. Ltd'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 15690301141000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩156.90 Billion | 97.94% |
| Common Stock | ₩2.20 Billion | 1.37% |
| Other Components | ₩1.10 Billion | 0.69% |
| Total Equity | ₩160.20 Billion | 100.00% |
Wonil Special Steel Co. Ltd Competitors by Market Cap
The table below lists competitors of Wonil Special Steel Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Workpoint Entertainment Public Company Limited
BK:WORK
|
$14.37 Million |
|
Charoong Thai Wire and Cable Public Company Limited
BK:CTW
|
$14.38 Million |
|
Linq Minerals Limited
AU:LNQ
|
$14.38 Million |
|
Nukkleus Inc
NASDAQ:NUKK
|
$14.39 Million |
|
Keum Kang Steel Co. Ltd
KQ:053260
|
$14.36 Million |
|
WT Financial Group Ltd
AU:WTL
|
$14.36 Million |
|
Elastron S.A. - Steel Service Centers
AT:ELSTR
|
$14.35 Million |
|
Ta Jiang Co Ltd
TW:1453
|
$14.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wonil Special Steel Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 154,712,215,970 to 160,201,463,020, a change of 5,489,247,050 (3.5%).
- Net income of 6,651,602,460 contributed positively to equity growth.
- Dividend payments of 968,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.65 Billion | +4.15% |
| Dividends Paid | ₩968.00 Million | -0.6% |
| Other Changes | ₩-194.36 Million | -0.12% |
| Total Change | ₩- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares Wonil Special Steel Co. Ltd'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: 0.24x
- 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 0.40x to 0.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩21840.18 | ₩8660.00 | x |
| 2017-12-31 | ₩23457.22 | ₩8660.00 | x |
| 2018-12-31 | ₩24691.64 | ₩8660.00 | x |
| 2019-12-31 | ₩26821.27 | ₩8660.00 | x |
| 2020-12-31 | ₩26939.64 | ₩8660.00 | x |
| 2021-12-31 | ₩31361.06 | ₩8660.00 | x |
| 2022-12-31 | ₩33693.35 | ₩8660.00 | x |
| 2023-12-31 | ₩35161.87 | ₩8660.00 | x |
| 2024-12-31 | ₩36409.42 | ₩8660.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wonil Special Steel Co. Ltd 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): 4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.75%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 1.60x
- Recent ROE (4.15%) is below the historical average (7.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 11.26% | 3.27% | 1.49x | 2.30x | ₩853.80 Million |
| 2012 | 8.66% | 2.86% | 1.45x | 2.09x | ₩-991.31 Million |
| 2013 | 7.39% | 2.65% | 1.39x | 2.00x | ₩-2.07 Billion |
| 2014 | 9.03% | 3.35% | 1.40x | 1.93x | ₩-841.91 Million |
| 2015 | 5.10% | 1.97% | 1.43x | 1.80x | ₩-4.46 Billion |
| 2016 | 5.42% | 2.52% | 1.25x | 1.72x | ₩-4.40 Billion |
| 2017 | 6.97% | 3.07% | 1.19x | 1.91x | ₩-3.13 Billion |
| 2018 | 6.18% | 2.62% | 1.26x | 1.87x | ₩-4.15 Billion |
| 2019 | 8.42% | 3.88% | 1.14x | 1.90x | ₩-1.86 Billion |
| 2020 | 1.22% | 0.59% | 1.06x | 1.95x | ₩-10.40 Billion |
| 2021 | 13.60% | 5.72% | 1.31x | 1.81x | ₩4.97 Billion |
| 2022 | 7.15% | 2.75% | 1.41x | 1.84x | ₩-4.22 Billion |
| 2023 | 5.17% | 2.10% | 1.45x | 1.69x | ₩-7.47 Billion |
| 2024 | 4.15% | 1.75% | 1.48x | 1.60x | ₩-9.37 Billion |
Industry Comparison
This section compares Wonil Special Steel Co. Ltd'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 |
|---|---|---|---|---|
| Wonil Special Steel Co. Ltd (012620) | ₩166.58 Billion | 11.26% | 0.69x | $14.37 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 |