Jeil Steel Mfg Co. Ltd
J Steel Company Holdings Inc. manufactures and sells rolling products in South Korea. It offers mild steel wire rods, BIC coiled rebar, and deformed rebars, as well as hot-rolled and extruded products. The company was formerly known as Jeil Steel Mfg Co., Ltd. and changed its name to J Steel Company Holdings Inc. in March 2022. J Steel Company Holdings Inc. was founded in 1964 and is headquartere… Read more
Jeil Steel Mfg Co. Ltd (023440) - Net Assets
Latest net assets as of September 2025: ₩71.82 Billion KRW
Based on the latest financial reports, Jeil Steel Mfg Co. Ltd (023440) has net assets worth ₩71.82 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 (₩132.01 Billion) and total liabilities (₩60.19 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 | ₩71.82 Billion |
| % of Total Assets | 54.4% |
| Annual Growth Rate | -0.71% |
| 5-Year Change | -21.36% |
| 10-Year Change | N/A |
| Growth Volatility | 14.98 |
Jeil Steel Mfg Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Jeil Steel Mfg 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 Jeil Steel Mfg Co. Ltd (2015–2024)
The table below shows the annual net assets of Jeil Steel Mfg Co. Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩48.78 Billion | -22.31% |
| 2023-12-31 | ₩62.78 Billion | -0.62% |
| 2022-12-31 | ₩63.17 Billion | -21.82% |
| 2021-12-31 | ₩80.80 Billion | +30.27% |
| 2020-12-31 | ₩62.03 Billion | +1.62% |
| 2019-12-31 | ₩61.04 Billion | +2.37% |
| 2018-12-31 | ₩59.63 Billion | +0.57% |
| 2017-12-31 | ₩59.29 Billion | +3.04% |
| 2016-12-31 | ₩57.54 Billion | +10.67% |
| 2015-12-31 | ₩51.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jeil Steel Mfg 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 decreased by 374.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩32.76 Billion | 67.17% |
| Other Components | ₩79.26 Billion | 162.50% |
| Total Equity | ₩48.78 Billion | 100.00% |
Jeil Steel Mfg Co. Ltd Competitors by Market Cap
The table below lists competitors of Jeil Steel Mfg Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Single Well Industrial
TWO:3490
|
$35.19 Million |
|
Copenhagen Capital A/S 40% Pfd.
CO:CPHCAP-PREF32
|
$35.19 Million |
|
Midway Ltd
AU:MWY
|
$35.21 Million |
|
Vior Inc
OTCQB:VIORF
|
$35.22 Million |
|
GUNOSY INC.
F:6GU
|
$35.17 Million |
|
AIFORIA TECHNOLOGIES OYJ
F:L6J
|
$35.16 Million |
|
Poh Kong Holdings Bhd
KLSE:5080
|
$35.15 Million |
|
Urban View Development Spain SOCIMI S.A.
MC:YUVS
|
$35.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jeil Steel Mfg Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,543,567,360 to 48,775,185,560, a change of -13,768,381,800 (-22.0%).
- Net loss of 26,684,717,900 reduced equity.
- Share repurchases of 941,349,580 reduced equity.
- New share issuances of 941,349,570 increased equity.
- Other factors increased equity by 12,916,336,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-26.68 Billion | -54.71% |
| Share Repurchases | ₩941.35 Million | -1.93% |
| Share Issuances | ₩941.35 Million | +1.93% |
| Other Changes | ₩12.92 Billion | +26.48% |
| Total Change | ₩- | -22.01% |
Book Value vs Market Value Analysis
This analysis compares Jeil Steel Mfg 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: 0.90x
- 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 increased from 0.30x to 0.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩2210.25 | ₩670.00 | x |
| 2017-12-31 | ₩2277.50 | ₩670.00 | x |
| 2018-12-31 | ₩2290.53 | ₩670.00 | x |
| 2019-12-31 | ₩2069.67 | ₩670.00 | x |
| 2020-12-31 | ₩2103.12 | ₩670.00 | x |
| 2021-12-31 | ₩2222.66 | ₩670.00 | x |
| 2022-12-31 | ₩1574.78 | ₩670.00 | x |
| 2023-12-31 | ₩1222.16 | ₩670.00 | x |
| 2024-12-31 | ₩744.33 | ₩670.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jeil Steel Mfg 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): -54.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -94.07%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.17x
- Recent ROE (-54.71%) is below the historical average (-16.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -11.85% | -13.48% | 0.43x | 2.06x | ₩-11.36 Billion |
| 2016 | -1.88% | -2.86% | 0.40x | 1.65x | ₩-6.84 Billion |
| 2017 | 2.77% | 5.30% | 0.34x | 1.53x | ₩-4.29 Billion |
| 2018 | 0.60% | 1.17% | 0.34x | 1.49x | ₩-5.61 Billion |
| 2019 | -5.76% | -14.01% | 0.30x | 1.37x | ₩-9.62 Billion |
| 2020 | -7.06% | -11.68% | 0.38x | 1.60x | ₩-10.58 Billion |
| 2021 | -1.61% | -1.54% | 0.60x | 1.74x | ₩-9.38 Billion |
| 2022 | -42.99% | -32.28% | 0.62x | 2.16x | ₩-33.47 Billion |
| 2023 | -38.99% | -44.05% | 0.43x | 2.05x | ₩-30.64 Billion |
| 2024 | -54.71% | -94.07% | 0.27x | 2.17x | ₩-31.56 Billion |
Industry Comparison
This section compares Jeil Steel Mfg 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 |
|---|---|---|---|---|
| Jeil Steel Mfg Co. Ltd (023440) | ₩71.82 Billion | -11.85% | 0.84x | $35.18 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 |