Hankuk Steel Wire Co. Ltd
Hankuk Steel Wire Co., Ltd. produces and sells steel products in South Korea. It offers hard steel wires comprising hard drawn steel, piano, and zinc coated steel; mild steel wire consists of low carbon, zinc coated low carbon, and dull finish galvanized steel wires for coloring and painting; and alloy plating wires. The company also provides stainless steel wire, ni-alloy wire, MIG/TIG welding c… Read more
Hankuk Steel Wire Co. Ltd (025550) - Net Assets
Latest net assets as of September 2025: ₩154.33 Billion KRW
Based on the latest financial reports, Hankuk Steel Wire Co. Ltd (025550) has net assets worth ₩154.33 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 (₩314.61 Billion) and total liabilities (₩160.29 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 | ₩154.33 Billion |
| % of Total Assets | 49.05% |
| Annual Growth Rate | 2.53% |
| 5-Year Change | 36.27% |
| 10-Year Change | 47.01% |
| Growth Volatility | 15.02 |
Hankuk Steel Wire Co. Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Hankuk Steel Wire 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 Hankuk Steel Wire Co. Ltd (2008–2024)
The table below shows the annual net assets of Hankuk Steel Wire Co. Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩120.93 Billion | -16.04% |
| 2023-12-31 | ₩144.03 Billion | +27.45% |
| 2022-12-31 | ₩113.01 Billion | +12.06% |
| 2021-12-31 | ₩100.84 Billion | +13.64% |
| 2020-12-31 | ₩88.74 Billion | -0.33% |
| 2019-12-31 | ₩89.04 Billion | +1.37% |
| 2018-12-31 | ₩87.83 Billion | +5.24% |
| 2017-12-31 | ₩83.46 Billion | +1.84% |
| 2016-12-31 | ₩81.95 Billion | -0.38% |
| 2015-12-31 | ₩82.26 Billion | +5.95% |
| 2014-12-31 | ₩77.64 Billion | +3.80% |
| 2013-12-31 | ₩74.80 Billion | +6.25% |
| 2012-12-31 | ₩70.40 Billion | +29.56% |
| 2010-12-31 | ₩54.34 Billion | +3.96% |
| 2009-12-31 | ₩52.27 Billion | -35.51% |
| 2008-12-31 | ₩81.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hankuk Steel Wire 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 7359638915000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩73.60 Billion | 60.86% |
| Common Stock | ₩12.26 Billion | 10.14% |
| Other Components | ₩35.08 Billion | 29.00% |
| Total Equity | ₩120.93 Billion | 100.00% |
Hankuk Steel Wire Co. Ltd Competitors by Market Cap
The table below lists competitors of Hankuk Steel Wire Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STRUCT.MONIT.SYSCDIS
F:RJP
|
$25.29 Million |
|
Chia Her Industrial Co Ltd
TW:1449
|
$25.29 Million |
|
KSP Co. Ltd.
KQ:073010
|
$25.30 Million |
|
Allergy Therapeutics plc
PINK:AGYTF
|
$25.30 Million |
|
Jakarta Int Hotels & Dev
JK:JIHD
|
$25.27 Million |
|
Société des Chemins de Fer et Tramways du Var et du Gard
PA:MLCVG
|
$25.27 Million |
|
Bangkok Ranch PCL
BK:BR
|
$25.27 Million |
|
ChunLab Inc
KQ:311690
|
$25.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hankuk Steel Wire Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 121,170,838,680 to 120,932,716,010, a change of -238,122,670 (-0.2%).
- Net loss of 1,228,493,350 reduced equity.
- Share repurchases of 135,399,060 reduced equity.
- New share issuances of 135,399,060 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.23 Billion | -1.02% |
| Share Repurchases | ₩135.40 Million | -0.11% |
| Share Issuances | ₩135.40 Million | +0.11% |
| Other Changes | ₩990.37 Million | +0.82% |
| Total Change | ₩- | -0.20% |
Book Value vs Market Value Analysis
This analysis compares Hankuk Steel Wire 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: 0.64x
- 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 0.96x to 0.64x 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 | ₩3478.06 | ₩3340.00 | x |
| 2017-12-31 | ₩3542.09 | ₩3340.00 | x |
| 2018-12-31 | ₩3727.70 | ₩3340.00 | x |
| 2019-12-31 | ₩3778.92 | ₩3340.00 | x |
| 2020-12-31 | ₩3917.75 | ₩3340.00 | x |
| 2021-12-31 | ₩4451.95 | ₩3340.00 | x |
| 2022-12-31 | ₩5086.12 | ₩3340.00 | x |
| 2023-12-31 | ₩5477.18 | ₩3340.00 | x |
| 2024-12-31 | ₩5190.25 | ₩3340.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hankuk Steel Wire 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): -1.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.55%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.33x
- Recent ROE (-1.02%) is below the historical average (4.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 3.77% | 0.87% | 1.14x | 3.78x | ₩-3.39 Billion |
| 2012 | 7.84% | 2.70% | 1.24x | 2.35x | ₩-1.52 Billion |
| 2013 | 4.85% | 2.14% | 1.07x | 2.12x | ₩-3.86 Billion |
| 2014 | 3.64% | 1.82% | 0.99x | 2.01x | ₩-4.94 Billion |
| 2015 | 6.01% | 3.47% | 0.94x | 1.83x | ₩-3.29 Billion |
| 2016 | 3.04% | 1.63% | 0.92x | 2.03x | ₩-5.70 Billion |
| 2017 | 4.65% | 2.33% | 0.91x | 2.18x | ₩-4.46 Billion |
| 2018 | 7.55% | 3.44% | 0.82x | 2.67x | ₩-2.15 Billion |
| 2019 | 2.93% | 1.41% | 0.81x | 2.57x | ₩-6.30 Billion |
| 2020 | 2.01% | 0.95% | 0.85x | 2.49x | ₩-7.09 Billion |
| 2021 | 11.37% | 5.35% | 0.86x | 2.48x | ₩1.38 Billion |
| 2022 | 12.23% | 5.63% | 0.96x | 2.26x | ₩2.52 Billion |
| 2023 | -1.92% | -0.94% | 0.92x | 2.23x | ₩-14.44 Billion |
| 2024 | -1.02% | -0.55% | 0.79x | 2.33x | ₩-13.32 Billion |
Industry Comparison
This section compares Hankuk Steel Wire 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 |
|---|---|---|---|---|
| Hankuk Steel Wire Co. Ltd (025550) | ₩154.33 Billion | 3.77% | 1.04x | $25.28 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 |