Each POSCO Holdings ADR represents one quarter of a common share, so every per-share figure in Korean reporting has to be divided by four before it means anything in New York.
POSCO Holdings tripled first-half net income to 1.30tn won from 428bn, and the headline is accurate but hides how little of it operations produced.
POSCO Holdings trades at 0.45x equity attributable to the parent, which reads as one of the cheapest large industrials in Asia until you add the debt back.
| Symbol | Last Price |
|---|---|
| 004020Hyundai Steel | ₩31,500 -0.5% |
| 001430SeAH Besteel Holdings Corporation | ₩42,350 +4.8% |
| 100090SK oceanplant Co., Ltd. | ₩13,860 +7.4% |
| 014620Sung Kwang Bend Co., Ltd. | ₩30,850 +1.5% |
| 023160T. K. Corporation | ₩26,150 +1.4% |
| 058650Seah Holdings Corp. | ₩133,600 -0.4% |
| 016380KG Dongbusteel | ₩5,590 +0.0% |
| 009520POSCO M-tech Co., Ltd. | ₩12,650 +1.2% |
| 460860Dongkuk Steel Mill Co., Ltd. | ₩10,510 -1.5% |
| 002240Kiswire Co., Ltd. | ₩17,220 +0.1% |