Cenit Co. Ltd (037760) - Net Assets

Latest as of December 2025: ₩97.85 Billion KRW ≈ $66.31 Million USD

Based on the latest financial reports, Cenit Co. Ltd (037760) has net assets worth ₩97.85 Billion KRW (≈ $66.31 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 (₩222.59 Billion ≈ $150.85 Million USD) and total liabilities (₩124.74 Billion ≈ $84.53 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 Cenit Co. Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩97.85 Billion
% of Total Assets	43.96%
Annual Growth Rate	5.87%
5-Year Change	16.96%
10-Year Change	62.62%
Growth Volatility	13.87

Cenit Co. Ltd - Net Assets Trend (2009–2025)

This chart illustrates how Cenit Co. Ltd's net assets have evolved over time, based on quarterly financial data. See Cenit Co. Ltd (037760) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Cenit Co. Ltd (2009–2025)

The table below shows the annual net assets of Cenit Co. Ltd from 2009 to 2025. For live valuation and market cap data, see Cenit Co. Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	₩97.85 Billion ≈ $66.31 Million	+10.66%
2024-12-31	₩88.43 Billion ≈ $59.93 Million	-13.11%
2023-12-31	₩101.77 Billion ≈ $68.97 Million	+11.62%
2022-12-31	₩91.18 Billion ≈ $61.79 Million	+8.98%
2021-12-31	₩83.67 Billion ≈ $56.70 Million	+9.90%
2020-12-31	₩76.13 Billion ≈ $51.59 Million	+5.02%
2019-12-31	₩72.49 Billion ≈ $49.13 Million	+3.34%
2018-12-31	₩70.15 Billion ≈ $47.54 Million	+3.31%
2017-12-31	₩67.90 Billion ≈ $46.01 Million	+12.84%
2016-12-31	₩60.17 Billion ≈ $40.78 Million	+6.04%
2015-12-31	₩56.75 Billion ≈ $38.46 Million	+31.10%
2014-12-31	₩43.29 Billion ≈ $29.33 Million	+12.40%
2013-12-31	₩38.51 Billion ≈ $26.10 Million	+36.94%
2012-12-31	₩28.12 Billion ≈ $19.06 Million	-0.14%
2011-12-31	₩28.16 Billion ≈ $19.09 Million	-13.40%
2010-12-31	₩32.52 Billion ≈ $22.04 Million	-17.23%
2009-12-31	₩39.29 Billion ≈ $26.63 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Cenit 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 4786696675000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩47.87 Billion	57.39%
Other Components	₩35.55 Billion	42.61%
Total Equity	₩83.41 Billion	100.00%

Cenit Co. Ltd Competitors by Market Cap

The table below lists competitors of Cenit Co. Ltd ranked by their market capitalization.

Company	Market Cap
Tritax Big Box REIT plc LSE:BBOX	$50.17 Million
Wesizwe JSE:WEZ	$50.18 Million
Blackstone Minerals Ltd AU:BSX	$50.21 Million
Steppe Cement F:ST9	$50.23 Million
Columbus WAR:CLC	$50.16 Million
Burberry Group PLC LSE:BRBY	$50.13 Million
Cybertech Systems And Software Limited NSE:CYBERTECH	$50.12 Million
G5 Entertainment publ AB ST:G5EN	$50.12 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Cenit Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 88,429,895,070 to 83,412,061,570, a change of -5,017,833,500 (-5.7%).
Net loss of 4,847,346,540 reduced equity.
Dividend payments of 1,520,146,050 reduced retained earnings.
Other factors increased equity by 1,349,659,090.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-4.85 Billion	-5.81%
Dividends Paid	₩1.52 Billion	-1.82%
Other Changes	₩1.35 Billion	+1.62%
Total Change	₩-	-5.67%

Book Value vs Market Value Analysis

This analysis compares Cenit 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: 0.89x
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 1.31x to 0.89x 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	₩1858.05	₩2435.00	x
2017-12-31	₩2006.87	₩2435.00	x
2018-12-31	₩2073.32	₩2435.00	x
2019-12-31	₩2142.66	₩2435.00	x
2020-12-31	₩2393.75	₩2435.00	x
2021-12-31	₩2630.79	₩2435.00	x
2022-12-31	₩2866.97	₩2435.00	x
2023-12-31	₩2914.50	₩2435.00	x
2024-12-31	₩2908.60	₩2435.00	x
2025-12-31	₩2743.55	₩2435.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cenit 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): -5.81%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.82%
• Asset Turnover: 0.57x
• Equity Multiplier: 2.67x
Recent ROE (-5.81%) is below the historical average (6.79%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	6.33%	3.18%	0.72x	2.74x	₩-1.25 Billion
2014	11.30%	6.15%	0.64x	2.88x	₩497.99 Million
2015	15.45%	8.13%	0.77x	2.47x	₩2.80 Billion
2016	11.09%	5.76%	0.77x	2.51x	₩654.40 Million
2017	8.96%	4.82%	0.82x	2.26x	₩-708.14 Million
2018	4.30%	2.65%	0.78x	2.08x	₩-4.00 Billion
2019	2.90%	1.92%	0.70x	2.17x	₩-5.15 Billion
2020	11.56%	9.37%	0.54x	2.30x	₩1.19 Billion
2021	10.65%	7.07%	0.71x	2.13x	₩541.69 Million
2022	9.48%	5.40%	0.81x	2.17x	₩-475.32 Million
2023	3.09%	2.04%	0.69x	2.20x	₩-6.40 Billion
2024	-1.03%	-0.69%	0.66x	2.27x	₩-9.75 Billion
2025	-5.81%	-3.82%	0.57x	2.67x	₩-13.19 Billion

Industry Comparison

This section compares Cenit Co. Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $845,312,033,151
Average return on equity (ROE) among peers: 6.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Cenit Co. Ltd (037760)	₩97.85 Billion	6.33%	1.27x	$50.17 Million
Korea Cast Pip (000970)	$255.10 Billion	9.57%	0.31x	$96.80 Million
Manho Rope&Wir (001080)	$145.98 Billion	0.00%	0.34x	$9.77 Million
Dongkuk Steel Mill Co Ltd (001230)	$3.29 Trillion	12.57%	0.96x	$42.47 Million
SeAH Bestee (001430)	$1.98 Trillion	0.87%	0.80x	$1.05 Billion
Kisco Holdings (001940)	$562.00 Billion	19.94%	0.46x	$204.75 Million
Hanil Iron & S (002220)	$137.48 Billion	2.80%	0.39x	$82.69 Million
Kis Wire (002240)	$827.99 Billion	13.17%	0.70x	$353.66 Million
Dong Il Steel MFG Co Ltd (002690)	$129.80 Billion	0.23%	0.14x	$18.46 Million
Tcc Steel (002710)	$121.13 Billion	-1.25%	1.53x	$225.61 Million
Seah Steel Corp (003030)	$1.00 Trillion	9.61%	1.02x	$364.18 Million

About Cenit Co. Ltd

KQ:037760 Korea Steel

Market Cap

$50.17 Million

₩74.03 Billion KRW

Market Cap Rank

#21940 Global

#1329 in Korea

Share Price

₩2435.00

Change (1 day)

-0.61%

52-Week Range

₩1565.00 - ₩2530.00

All Time High

₩2627.97