Dongil Steel Co. Ltd (023790) - Net Assets
Based on the latest financial reports, Dongil Steel Co. Ltd (023790) has net assets worth ₩20.16 Billion KRW (≈ $13.66 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 (₩74.80 Billion ≈ $50.69 Million USD) and total liabilities (₩54.64 Billion ≈ $37.03 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 023790 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩20.16 Billion |
| % of Total Assets | 26.95% |
| Annual Growth Rate | -1.64% |
| 5-Year Change | -46.11% |
| 10-Year Change | -55.75% |
| Growth Volatility | 74.83 |
Dongil Steel Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Dongil Steel Co. Ltd's net assets have evolved over time, based on quarterly financial data. See Dongil Steel Co. Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dongil Steel Co. Ltd (2014–2025)
The table below shows the annual net assets of Dongil Steel Co. Ltd from 2014 to 2025. For live valuation and market cap data, see 023790 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩20.16 Billion ≈ $13.66 Million |
+18.65% |
| 2024-12-31 | ₩16.99 Billion ≈ $11.51 Million |
-6.32% |
| 2023-12-31 | ₩18.14 Billion ≈ $12.29 Million |
-50.57% |
| 2022-12-31 | ₩36.69 Billion ≈ $24.87 Million |
-1.93% |
| 2021-12-31 | ₩37.41 Billion ≈ $25.35 Million |
-35.14% |
| 2020-12-31 | ₩57.68 Billion ≈ $39.09 Million |
+6.16% |
| 2019-12-31 | ₩54.33 Billion ≈ $36.82 Million |
+6.02% |
| 2018-12-31 | ₩51.25 Billion ≈ $34.73 Million |
+23.97% |
| 2017-12-31 | ₩41.34 Billion ≈ $28.01 Million |
-9.26% |
| 2016-12-31 | ₩45.56 Billion ≈ $30.87 Million |
+237.98% |
| 2015-12-31 | ₩13.48 Billion ≈ $9.14 Million |
-44.25% |
| 2014-12-31 | ₩24.18 Billion ≈ $16.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dongil 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 decreased by 6518527316000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩86.64 Billion | 429.78% |
| Total Equity | ₩20.16 Billion | 100.00% |
Dongil Steel Co. Ltd Competitors by Market Cap
The table below lists competitors of Dongil Steel Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Horizon Petroleum Ltd
V:HPL
|
$6.74 Million |
|
Sentra Food Indonesia Tbk PT
JK:FOOD
|
$6.74 Million |
|
Cycurion, Inc.
NASDAQ:CYCU
|
$6.75 Million |
|
Roadman Investments Corp
V:LITT
|
$6.75 Million |
|
JIADE LIMITED Common stock
NASDAQ:JDZG
|
$6.73 Million |
|
Pantheon Infrastructure PLC
LSE:PINT
|
$6.73 Million |
|
XP Power Ltd
LSE:XPP
|
$6.73 Million |
|
Torq Resources Inc
V:TORQ
|
$6.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongil Steel Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,991,378,090 to 20,160,428,900, a change of 3,169,050,810 (18.7%).
- Net loss of 6,223,732,110 reduced equity.
- New share issuances of 2,614,190,040 increased equity.
- Other factors increased equity by 6,778,592,880.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-6.22 Billion | -30.87% |
| Share Issuances | ₩2.61 Billion | +12.97% |
| Other Changes | ₩6.78 Billion | +33.62% |
| Total Change | ₩- | 18.65% |
Book Value vs Market Value Analysis
This analysis compares Dongil 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: 2.03x
- 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 0.44x to 2.03x 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 | ₩3599.89 | ₩1570.00 | x |
| 2017-12-31 | ₩3266.38 | ₩1570.00 | x |
| 2018-12-31 | ₩4049.47 | ₩1570.00 | x |
| 2019-12-31 | ₩4293.14 | ₩1570.00 | x |
| 2020-12-31 | ₩3935.80 | ₩1570.00 | x |
| 2021-12-31 | ₩2552.85 | ₩1570.00 | x |
| 2022-12-31 | ₩2297.94 | ₩1570.00 | x |
| 2023-12-31 | ₩920.08 | ₩1570.00 | x |
| 2024-12-31 | ₩809.20 | ₩1570.00 | x |
| 2025-12-31 | ₩771.77 | ₩1570.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongil 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): -30.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.88%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 3.71x
- Recent ROE (-30.87%) is above the historical average (-39.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -59.37% | -36.32% | 0.40x | 4.13x | ₩-16.77 Billion |
| 2015 | -78.29% | -19.50% | 0.69x | 5.82x | ₩-11.90 Billion |
| 2016 | -2.27% | -1.78% | 0.47x | 2.69x | ₩-5.59 Billion |
| 2017 | -9.46% | -7.08% | 0.46x | 2.90x | ₩-8.05 Billion |
| 2018 | -26.29% | -55.63% | 0.17x | 2.83x | ₩-18.60 Billion |
| 2019 | 7.12% | 14.56% | 0.29x | 1.66x | ₩-1.57 Billion |
| 2020 | -15.20% | -40.01% | 0.24x | 1.58x | ₩-14.54 Billion |
| 2021 | -67.11% | -73.08% | 0.35x | 2.66x | ₩-28.85 Billion |
| 2022 | -42.61% | -48.52% | 0.34x | 2.62x | ₩-19.30 Billion |
| 2023 | -122.94% | -103.85% | 0.29x | 4.04x | ₩-24.11 Billion |
| 2024 | -29.49% | -30.13% | 0.23x | 4.21x | ₩-6.71 Billion |
| 2025 | -30.87% | -25.88% | 0.32x | 3.71x | ₩-8.24 Billion |
Industry Comparison
This section compares Dongil Steel Co. Ltd's net assets metrics with peer companies in the Metals & Mining industry.
Industry Context
- Industry: Metals & Mining
- Average net assets among peers: $77,696,434,563
- Average return on equity (ROE) among peers: 6.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongil Steel Co. Ltd (023790) | ₩20.16 Billion | -59.37% | 2.71x | $6.73 Million |
| POSCO M-TECH Co. Ltd (009520) | $104.56 Billion | 12.49% | 0.50x | $412.30 Million |
| Gyeongnam Steel Co. Ltd (039240) | $113.95 Billion | 4.07% | 0.40x | $37.61 Million |
| Daedong Steel Co. Ltd (048470) | $76.76 Billion | 18.91% | 0.41x | $19.94 Million |
| Dongyang S.Tec Co.Ltd (060380) | $52.47 Billion | 6.04% | 1.38x | $8.53 Million |
| Hanchang Ind.Co.Ltd (079170) | $49.82 Billion | -3.33% | 0.08x | $18.15 Million |
| Tplex Co. Ltd (081150) | $68.61 Billion | 1.61% | 0.81x | $46.95 Million |
About Dongil Steel Co. Ltd
Dongil Steel Co., Ltd. manufactures and sells iron and steel products for various industries in South Korea. It offers cold drawn steel round, square, hexagonal, and rectangular bars. The company also provides hot rolled steel round and square bars; angle products, such as angle and rolling shape steel products; and channels. It exports its products to the United States, Southeast Asia, and the M… Read more