Gyeongnam Steel Co. Ltd
Gyeongnam Steel Co., Ltd engages in shearing, cutting, and processing of coil products. It is also involved in the sale of coils and sheet metal; and real estate rental business. The company was formerly known as Samhyun Steel and changed its name to Gyeongnam Steel Co. Ltd in 1995. The company was founded in 1990 and is based in Changwon-si, South Korea.
Gyeongnam Steel Co. Ltd (039240) - Net Assets
Latest net assets as of December 2025: ₩113.95 Billion KRW
Based on the latest financial reports, Gyeongnam Steel Co. Ltd (039240) has net assets worth ₩113.95 Billion KRW as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩159.15 Billion) and total liabilities (₩45.20 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 | ₩113.95 Billion |
| % of Total Assets | 71.6% |
| Annual Growth Rate | 4.4% |
| 5-Year Change | 22.91% |
| 10-Year Change | 47.97% |
| Growth Volatility | 3.49 |
Gyeongnam Steel Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Gyeongnam Steel 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 Gyeongnam Steel Co. Ltd (2014–2025)
The table below shows the annual net assets of Gyeongnam Steel Co. Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩113.95 Billion | +1.54% |
| 2024-12-31 | ₩112.22 Billion | +4.02% |
| 2023-12-31 | ₩107.88 Billion | +4.21% |
| 2022-12-31 | ₩103.52 Billion | +11.66% |
| 2021-12-31 | ₩92.71 Billion | +5.36% |
| 2020-12-31 | ₩88.00 Billion | +0.93% |
| 2019-12-31 | ₩87.18 Billion | +3.17% |
| 2018-12-31 | ₩84.50 Billion | +4.25% |
| 2017-12-31 | ₩81.06 Billion | +5.26% |
| 2016-12-31 | ₩77.01 Billion | -1.05% |
| 2015-12-31 | ₩77.82 Billion | +9.69% |
| 2014-12-31 | ₩70.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gyeongnam 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 grown by 58.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩105.32 Billion | 92.43% |
| Other Components | ₩8.63 Billion | 7.57% |
| Total Equity | ₩113.95 Billion | 100.00% |
Gyeongnam Steel Co. Ltd Competitors by Market Cap
The table below lists competitors of Gyeongnam Steel Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Offerpad Solutions Inc
NYSE:OPAD
|
$26.29 Million |
|
Asia Standard International Group Limited
PINK:ASASF
|
$26.29 Million |
|
NOVACYT EO-0667
F:NYZ
|
$26.30 Million |
|
Omer-Decugis & Cie
PA:ALODC
|
$26.30 Million |
|
Dominari Holdings Inc.
NASDAQ:DOMH
|
$26.29 Million |
|
Daesung Holdin
KO:016710
|
$26.28 Million |
|
Cumberland Pharmaceuticals Inc
NASDAQ:CPIX
|
$26.28 Million |
|
Osangjaiel Co. Ltd
KQ:053980
|
$26.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gyeongnam Steel Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 112,221,946,540 to 113,953,171,960, a change of 1,731,225,420 (1.5%).
- Net income of 4,632,837,430 contributed positively to equity growth.
- Dividend payments of 3,237,552,480 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.63 Billion | +4.07% |
| Dividends Paid | ₩3.24 Billion | -2.84% |
| Other Changes | ₩335.94 Million | +0.29% |
| Total Change | ₩- | 1.54% |
Book Value vs Market Value Analysis
This analysis compares Gyeongnam 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: 0.59x
- 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 0.80x to 0.59x 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 | ₩3080.34 | ₩2475.00 | x |
| 2017-12-31 | ₩3242.22 | ₩2475.00 | x |
| 2018-12-31 | ₩3380.07 | ₩2475.00 | x |
| 2019-12-31 | ₩3487.30 | ₩2475.00 | x |
| 2020-12-31 | ₩3519.88 | ₩2475.00 | x |
| 2021-12-31 | ₩3708.43 | ₩2475.00 | x |
| 2022-12-31 | ₩3837.08 | ₩2475.00 | x |
| 2023-12-31 | ₩3998.66 | ₩2475.00 | x |
| 2024-12-31 | ₩4159.51 | ₩2475.00 | x |
| 2025-12-31 | ₩4223.68 | ₩2475.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gyeongnam 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): 4.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.30%
- • Asset Turnover: 2.24x
- • Equity Multiplier: 1.40x
- Recent ROE (4.07%) is below the historical average (6.39%), 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 | 10.22% | 2.50% | 2.11x | 1.93x | ₩152.67 Million |
| 2015 | 10.50% | 2.81% | 1.99x | 1.88x | ₩392.93 Million |
| 2016 | 1.09% | 0.32% | 2.03x | 1.69x | ₩-6.86 Billion |
| 2017 | 5.25% | 1.48% | 1.94x | 1.83x | ₩-3.85 Billion |
| 2018 | 6.36% | 1.96% | 1.94x | 1.68x | ₩-3.07 Billion |
| 2019 | 5.32% | 1.46% | 2.24x | 1.63x | ₩-4.08 Billion |
| 2020 | 3.38% | 1.00% | 2.14x | 1.58x | ₩-5.82 Billion |
| 2021 | 6.61% | 1.79% | 2.11x | 1.75x | ₩-3.14 Billion |
| 2022 | 9.33% | 2.33% | 2.47x | 1.62x | ₩-692.06 Million |
| 2023 | 7.93% | 2.19% | 2.41x | 1.50x | ₩-2.24 Billion |
| 2024 | 6.64% | 1.88% | 2.36x | 1.49x | ₩-3.77 Billion |
| 2025 | 4.07% | 1.30% | 2.24x | 1.40x | ₩-6.76 Billion |
Industry Comparison
This section compares Gyeongnam 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: $76,780,953,280
- Average return on equity (ROE) among peers: 4.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gyeongnam Steel Co. Ltd (039240) | ₩113.95 Billion | 10.22% | 0.40x | $26.29 Million |
| POSCO M-TECH Co. Ltd (009520) | $114.61 Billion | 4.21% | 0.39x | $253.10 Million |
| Daedong Steel Co. Ltd (048470) | $58.53 Billion | 7.39% | 0.07x | $14.08 Million |
| Dongyang S.Tec Co.Ltd (060380) | $50.92 Billion | -0.48% | 1.68x | $5.86 Million |
| Hanchang Ind.Co.Ltd (079170) | $61.81 Billion | 9.90% | 0.21x | $10.70 Million |
| Tplex Co. Ltd (081150) | $98.04 Billion | 2.26% | 0.55x | $31.02 Million |