Kwang Jin Ind. Co. Ltd (026910) - Net Assets
Based on the latest financial reports, Kwang Jin Ind. Co. Ltd (026910) has net assets worth ₩20.06 Billion KRW (≈ $13.59 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 (₩92.89 Billion ≈ $62.95 Million USD) and total liabilities (₩72.83 Billion ≈ $49.36 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 Kwang Jin Ind. Co. Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩20.06 Billion |
| % of Total Assets | 21.59% |
| Annual Growth Rate | -3.08% |
| 5-Year Change | -22.75% |
| 10-Year Change | -29.56% |
| Growth Volatility | 9.83 |
Kwang Jin Ind. Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Kwang Jin Ind. Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 026910 total assets for the complete picture of this company's asset base.
Annual Net Assets for Kwang Jin Ind. Co. Ltd (2014–2025)
The table below shows the annual net assets of Kwang Jin Ind. Co. Ltd from 2014 to 2025. For live valuation and market cap data, see Kwang Jin Ind. Co. Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩20.06 Billion ≈ $13.59 Million |
-19.05% |
| 2024-12-31 | ₩24.78 Billion ≈ $16.79 Million |
+12.87% |
| 2023-12-31 | ₩21.95 Billion ≈ $14.88 Million |
-20.07% |
| 2022-12-31 | ₩27.46 Billion ≈ $18.61 Million |
+5.77% |
| 2021-12-31 | ₩25.96 Billion ≈ $17.60 Million |
+4.43% |
| 2020-12-31 | ₩24.86 Billion ≈ $16.85 Million |
-11.45% |
| 2019-12-31 | ₩28.08 Billion ≈ $19.03 Million |
-3.64% |
| 2018-12-31 | ₩29.14 Billion ≈ $19.75 Million |
+0.55% |
| 2017-12-31 | ₩28.98 Billion ≈ $19.64 Million |
+1.78% |
| 2016-12-31 | ₩28.47 Billion ≈ $19.30 Million |
-0.56% |
| 2015-12-31 | ₩28.63 Billion ≈ $19.40 Million |
+1.23% |
| 2014-12-31 | ₩28.29 Billion ≈ $19.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kwang Jin Ind. 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 36.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩15.29 Billion | 76.22% |
| Other Components | ₩4.77 Billion | 23.78% |
| Total Equity | ₩20.06 Billion | 100.00% |
Kwang Jin Ind. Co. Ltd Competitors by Market Cap
The table below lists competitors of Kwang Jin Ind. Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harper Hygienics S.A.
WAR:HRP
|
$9.25 Million |
|
Tay Ninh Cable Car Tour Co.
VN:TCT
|
$9.26 Million |
|
SOS Limited
NYSE:SOS
|
$9.27 Million |
|
WALLBOX N.V. CL.A EO-12
F:67E
|
$9.27 Million |
|
Thai Coating Industrial Public Company Limited
BK:TCOAT
|
$9.25 Million |
|
Pioneer Lithium Ltd
AU:PLN
|
$9.24 Million |
|
CCH Holdings Ltd Ordinary Shares
NASDAQ:CCHH
|
$9.24 Million |
|
Ind-Swift Limited
NSE:INDSWFTLTD
|
$9.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kwang Jin Ind. Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,776,374,440 to 20,056,659,630, a change of -4,719,714,810 (-19.0%).
- Net loss of 4,862,703,560 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.86 Billion | -24.24% |
| Other Changes | ₩142.99 Million | +0.71% |
| Total Change | ₩- | -19.05% |
Book Value vs Market Value Analysis
This analysis compares Kwang Jin Ind. 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: 0.68x
- 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 0.48x to 0.68x 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 | ₩4445.27 | ₩2130.00 | x |
| 2017-12-31 | ₩4524.24 | ₩2130.00 | x |
| 2018-12-31 | ₩4549.13 | ₩2130.00 | x |
| 2019-12-31 | ₩4383.54 | ₩2130.00 | x |
| 2020-12-31 | ₩3881.45 | ₩2130.00 | x |
| 2021-12-31 | ₩4053.59 | ₩2130.00 | x |
| 2022-12-31 | ₩4287.29 | ₩2130.00 | x |
| 2023-12-31 | ₩3426.85 | ₩2130.00 | x |
| 2024-12-31 | ₩3868.04 | ₩2130.00 | x |
| 2025-12-31 | ₩3131.21 | ₩2130.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kwang Jin Ind. 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): -24.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.55%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 4.63x
- Recent ROE (-24.24%) is below the historical average (-3.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.21% | 1.34% | 1.07x | 1.54x | ₩-2.20 Billion |
| 2015 | -0.44% | -0.30% | 0.99x | 1.49x | ₩-2.99 Billion |
| 2016 | -0.07% | -0.05% | 0.94x | 1.42x | ₩-2.87 Billion |
| 2017 | 1.87% | 1.28% | 1.09x | 1.34x | ₩-2.36 Billion |
| 2018 | 0.92% | 0.61% | 1.20x | 1.24x | ₩-2.65 Billion |
| 2019 | -3.49% | -2.28% | 1.19x | 1.29x | ₩-3.79 Billion |
| 2020 | -12.81% | -7.41% | 1.19x | 1.46x | ₩-5.67 Billion |
| 2021 | 4.45% | 2.12% | 1.29x | 1.63x | ₩-1.44 Billion |
| 2022 | 4.17% | 1.94% | 0.78x | 2.78x | ₩-1.60 Billion |
| 2023 | -23.42% | -9.57% | 0.57x | 4.31x | ₩-7.33 Billion |
| 2024 | 11.88% | 5.03% | 0.62x | 3.80x | ₩466.46 Million |
| 2025 | -24.24% | -8.55% | 0.61x | 4.63x | ₩-6.87 Billion |
Industry Comparison
This section compares Kwang Jin Ind. Co. Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $844,740,783,393
- Average return on equity (ROE) among peers: 3.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kwang Jin Ind. Co. Ltd (026910) | ₩20.06 Billion | 2.21% | 3.63x | $9.25 Million |
| Korea Cast Pip (000970) | $224.35 Billion | 3.36% | 0.34x | $107.15 Million |
| Manho Rope&Wir (001080) | $145.98 Billion | 0.00% | 0.34x | $12.22 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $2.25 Trillion | -10.63% | 2.07x | $240.28 Million |
| SeAH Bestee (001430) | $2.04 Trillion | 6.29% | 0.80x | $1.83 Billion |
| Kisco Holdings (001940) | $1.50 Trillion | 5.33% | 0.16x | $231.09 Million |
| Hanil Iron & S (002220) | $177.76 Billion | 14.38% | 0.91x | $86.32 Million |
| Kis Wire (002240) | $617.89 Billion | 5.08% | 0.51x | $469.97 Million |
| Dong Il Steel MFG Co Ltd (002690) | $153.66 Billion | -0.31% | 0.12x | $22.23 Million |
| Tcc Steel (002710) | $119.49 Billion | 3.73% | 1.17x | $350.50 Million |
| Seah Steel Corp (003030) | $1.23 Trillion | 3.72% | 0.69x | $657.16 Million |
About Kwang Jin Ind. Co. Ltd
Kwang Jin Ind. Co., Ltd. manufactures and sells hot rolled, cold drawn, and peeled steel bars in South Korea. It offers special steel profiles, round steel bars, peeling steel bars, and hexagonal and rectangular steel bars; and linear motion guide rails, as well as square and flat bars, and coils. The company is also involved in the wholesale of stainless steel bars. Its products are used in vari… Read more