Wonil Special Steel Co. Ltd (012620) - Net Assets
Based on the latest financial reports, Wonil Special Steel Co. Ltd (012620) has net assets worth ₩166.74 Billion KRW (≈ $113.00 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩282.83 Billion ≈ $191.67 Million USD) and total liabilities (₩116.09 Billion ≈ $78.67 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 Wonil Special Steel Co. Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩166.74 Billion |
| % of Total Assets | 58.96% |
| Annual Growth Rate | 6.63% |
| 5-Year Change | 20.84% |
| 10-Year Change | 73.51% |
| Growth Volatility | 3.58 |
Wonil Special Steel Co. Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Wonil Special Steel Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Wonil Special Steel Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for Wonil Special Steel Co. Ltd (2011–2025)
The table below shows the annual net assets of Wonil Special Steel Co. Ltd from 2011 to 2025. For live valuation and market cap data, see 012620 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩166.74 Billion ≈ $113.00 Million |
+4.08% |
| 2024-12-31 | ₩160.20 Billion ≈ $108.57 Million |
+3.55% |
| 2023-12-31 | ₩154.71 Billion ≈ $104.85 Million |
+4.36% |
| 2022-12-31 | ₩148.25 Billion ≈ $100.47 Million |
+7.44% |
| 2021-12-31 | ₩137.99 Billion ≈ $93.51 Million |
+16.41% |
| 2020-12-31 | ₩118.53 Billion ≈ $80.33 Million |
+0.44% |
| 2019-12-31 | ₩118.01 Billion ≈ $79.98 Million |
+8.62% |
| 2018-12-31 | ₩108.64 Billion ≈ $73.63 Million |
+5.26% |
| 2017-12-31 | ₩103.21 Billion ≈ $69.95 Million |
+7.40% |
| 2016-12-31 | ₩96.10 Billion ≈ $65.12 Million |
+5.57% |
| 2015-12-31 | ₩91.02 Billion ≈ $61.69 Million |
+4.97% |
| 2014-12-31 | ₩86.72 Billion ≈ $58.77 Million |
+9.22% |
| 2013-12-31 | ₩79.40 Billion ≈ $53.81 Million |
+7.35% |
| 2012-12-31 | ₩73.96 Billion ≈ $50.12 Million |
+9.03% |
| 2011-12-31 | ₩67.83 Billion ≈ $45.97 Million |
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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 16363557649000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩163.64 Billion | 98.14% |
| Other Components | ₩3.11 Billion | 1.86% |
| Total Equity | ₩166.74 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 |
|---|---|
|
Workhorse Group Inc
NASDAQ:WKHS
|
$28.33 Million |
|
Tai Twun Enterprise Co Ltd
TW:3432
|
$28.34 Million |
|
United-Guardian Inc
NASDAQ:UG
|
$28.35 Million |
|
Bioceres Crop Solutions Corp
NASDAQ:BIOX
|
$28.35 Million |
|
Prodigy Public Company Limited
BK:PDG
|
$28.33 Million |
|
Advance Metals Ltd
AU:AVM
|
$28.33 Million |
|
Shenzhen Textile Holdings Co Ltd
SHE:200045
|
$28.31 Million |
|
Kuobrothers
TWO:8477
|
$28.30 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 2024 to 2025, total equity changed from 160,201,463,020 to 166,742,147,460, a change of 6,540,684,440 (4.1%).
- Net income of 8,212,015,280 contributed positively to equity growth.
- Dividend payments of 1,100,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.21 Billion | +4.92% |
| Dividends Paid | ₩1.10 Billion | -0.66% |
| Other Changes | ₩-571.33 Million | -0.34% |
| Total Change | ₩- | 4.08% |
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: 0.25x
- 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 0.25x 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 | ₩9500.00 | x |
| 2017-12-31 | ₩23457.22 | ₩9500.00 | x |
| 2018-12-31 | ₩24691.64 | ₩9500.00 | x |
| 2019-12-31 | ₩26821.27 | ₩9500.00 | x |
| 2020-12-31 | ₩26939.64 | ₩9500.00 | x |
| 2021-12-31 | ₩31361.06 | ₩9500.00 | x |
| 2022-12-31 | ₩33693.35 | ₩9500.00 | x |
| 2023-12-31 | ₩35161.87 | ₩9500.00 | x |
| 2024-12-31 | ₩36409.42 | ₩9500.00 | x |
| 2025-12-31 | ₩37895.94 | ₩9500.00 | 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): 4.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.06%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 1.70x
- Recent ROE (4.92%) is below the historical average (6.98%), 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 |
| 2025 | 4.92% | 2.06% | 1.41x | 1.70x | ₩-8.46 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: $750,385,735,856
- Average return on equity (ROE) among peers: 4.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wonil Special Steel Co. Ltd (012620) | ₩166.74 Billion | 11.26% | 0.70x | $28.33 Million |
| Korea Cast Pip (000970) | $255.10 Billion | 9.57% | 0.31x | $106.42 Million |
| Manho Rope&Wir (001080) | $224.45 Billion | 3.15% | 0.21x | $11.89 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $1.78 Trillion | 12.66% | 0.36x | $240.28 Million |
| SeAH Bestee (001430) | $1.71 Trillion | -14.35% | 0.91x | $1.74 Billion |
| Kisco Holdings (001940) | $1.33 Trillion | 3.35% | 0.17x | $227.66 Million |
| Hanil Iron & S (002220) | $176.80 Billion | 1.03% | 1.14x | $94.73 Million |
| Kis Wire (002240) | $1.49 Trillion | 20.06% | 0.70x | $464.48 Million |
| Dong Il Steel MFG Co Ltd (002690) | $131.30 Billion | 1.04% | 0.14x | $22.05 Million |
| Tcc Steel (002710) | $125.53 Billion | 6.95% | 1.25x | $354.94 Million |
| Seah Steel Corp (003030) | $283.60 Billion | 4.84% | 1.01x | $627.04 Million |
About 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