Daedong Steel Co. Ltd (048470) — Tangible Net Worth Ratio
Daedong Steel Co. Ltd (048470) has a Tangible Net Worth Ratio of 99.2% as of September 2025. This metric is calculated by deducting intangible assets (₩556.73 Million) from net assets (₩70.60 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 Daedong Steel Co. Ltd (048470) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Daedong Steel Co. Ltd Tangible Net Worth Ratio (2014–2024)
This chart shows how Daedong Steel Co. Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 99.2%, reflecting net assets of ₩70.60 Billion with intangible assets of ₩556.73 Million KRW. Also explore how fast is Daedong Steel Co. Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Daedong Steel Co. Ltd (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Daedong Steel Co. Ltd from 2014 to 2024, covering 11 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 048470 market cap.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.2% | ₩69.72 Billion | ₩556.73 Million | ₩92.36 Billion | ▼ 0.0 pp |
| 2023 | 99.2% | ₩71.55 Billion | ₩556.73 Million | ₩95.40 Billion | ▼ -0.4 pp |
| 2022 | 99.6% | ₩71.50 Billion | ₩271.06 Million | ₩95.51 Billion | ▼ 0.0 pp |
| 2021 | 99.6% | ₩76.76 Billion | ₩271.06 Million | ₩108.44 Billion | ▲ +0.1 pp |
| 2020 | 99.6% | ₩62.68 Billion | ₩271.06 Million | ₩80.05 Billion | ▲ +0.0 pp |
| 2019 | 99.6% | ₩61.11 Billion | ₩271.06 Million | ₩78.31 Billion | ▲ +0.1 pp |
| 2018 | 99.5% | ₩61.67 Billion | ₩308.96 Million | ₩73.64 Billion | ▲ +0.7 pp |
| 2017 | 98.8% | ₩64.81 Billion | ₩808.08 Million | ₩79.37 Billion | ▲ +0.3 pp |
| 2016 | 98.5% | ₩58.53 Billion | ₩880.28 Million | ₩62.71 Billion | ▲ +0.2 pp |
| 2015 | 98.3% | ₩52.05 Billion | ₩880.28 Million | ₩58.05 Billion | ▼ -0.1 pp |
| 2014 | 98.5% | ₩57.04 Billion | ₩880.28 Million | ₩89.16 Billion | — |