Jeil Steel Mfg Co. Ltd (023440) — Tangible Net Worth Ratio

Latest as of September 2025: 71.1%

Jeil Steel Mfg Co. Ltd (023440) has a Tangible Net Worth Ratio of 71.1% as of September 2025. This metric is calculated by deducting intangible assets (₩20.77 Billion) from net assets (₩71.82 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Jeil Steel Mfg Co. Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

71.1%
Tangible equity / total equity

Net Assets (Equity)

₩71.82 Billion
KRW

Intangible Assets

₩20.77 Billion
Goodwill, patents, brand value

Total Assets

₩132.01 Billion
KRW

Jeil Steel Mfg Co. Ltd Tangible Net Worth Ratio (2015–2024)

This chart shows how Jeil Steel Mfg Co. Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 71.1%, reflecting net assets of ₩71.82 Billion with intangible assets of ₩20.77 Billion KRW. See how many days can Jeil Steel Mfg Co. Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Jeil Steel Mfg Co. Ltd (2015–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Jeil Steel Mfg Co. Ltd from 2015 to 2024, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Jeil Steel Mfg Co. Ltd stock valuation.

Year Tangible NW Ratio Net Assets (KRW) Intangible Assets Total Assets Change (pp)
2024 88.1% ₩48.78 Billion ₩5.79 Billion ₩105.90 Billion ▼ -1.3 pp
2023 89.5% ₩62.78 Billion ₩6.62 Billion ₩127.92 Billion ▼ -4.6 pp
2022 94.1% ₩63.17 Billion ₩3.74 Billion ₩136.60 Billion ▼ -4.8 pp
2021 98.9% ₩80.80 Billion ₩878.40 Million ₩140.39 Billion ▼ -0.7 pp
2020 99.6% ₩62.03 Billion ₩243.58 Million ₩99.50 Billion ▼ -0.3 pp
2019 99.9% ₩61.04 Billion ₩83.26 Million ₩83.85 Billion ▼ 0.0 pp
2018 99.9% ₩59.63 Billion ₩71.92 Million ₩88.61 Billion ▼ 0.0 pp
2017 99.9% ₩59.29 Billion ₩71.25 Million ₩90.47 Billion ▲ +0.1 pp
2016 99.8% ₩57.54 Billion ₩104.09 Million ₩94.80 Billion ▲ +0.6 pp
2015 99.2% ₩51.99 Billion ₩405.99 Million ₩107.02 Billion
pp = percentage points