Doosan
Doosan Corporation, together with its subsidiaries, engages in the power generation facilities, industrial facilities, construction machinery, engines, and construction businesses in Korea, the United States, Asia, the Middle East, Europe, and internationally. It operates through Electro-Materials BG, Digital Innovation BU, Doosan Enerbility, Doosan Bobcat, Doosan Fuel Cell, and Others segments. … Read more
Doosan (000150) - Net Assets
Latest net assets as of September 2025: ₩12.25 Trillion KRW
Based on the latest financial reports, Doosan (000150) has net assets worth ₩12.25 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩32.36 Trillion) and total liabilities (₩20.11 Trillion). 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 | ₩12.25 Trillion |
| % of Total Assets | 37.86% |
| Annual Growth Rate | 8.89% |
| 5-Year Change | 54.22% |
| 10-Year Change | 41.65% |
| Growth Volatility | 42.46 |
Doosan - Net Assets Trend (2000–2024)
This chart illustrates how Doosan's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Doosan (2000–2024)
The table below shows the annual net assets of Doosan from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩11.89 Trillion | +6.09% |
| 2023-12-31 | ₩11.21 Trillion | +8.83% |
| 2022-12-31 | ₩10.30 Trillion | +21.19% |
| 2021-12-31 | ₩8.50 Trillion | +10.21% |
| 2020-12-31 | ₩7.71 Trillion | +13.05% |
| 2019-12-31 | ₩6.82 Trillion | -4.56% |
| 2018-12-31 | ₩7.15 Trillion | -6.03% |
| 2017-12-31 | ₩7.60 Trillion | -3.76% |
| 2016-12-31 | ₩7.90 Trillion | -5.87% |
| 2015-12-31 | ₩8.39 Trillion | -5.72% |
| 2014-12-31 | ₩8.90 Trillion | -1.72% |
| 2013-12-31 | ₩9.06 Trillion | +182.79% |
| 2012-12-31 | ₩3.20 Trillion | -8.20% |
| 2011-12-31 | ₩3.49 Trillion | -47.21% |
| 2010-12-31 | ₩6.61 Trillion | +8.36% |
| 2009-12-31 | ₩6.10 Trillion | +0.63% |
| 2008-12-31 | ₩6.06 Trillion | +91.18% |
| 2007-12-31 | ₩3.17 Trillion | +18.41% |
| 2006-12-31 | ₩2.68 Trillion | +4.56% |
| 2005-12-31 | ₩2.56 Trillion | +18.14% |
| 2004-12-31 | ₩2.17 Trillion | +25.34% |
| 2003-12-31 | ₩1.73 Trillion | -6.81% |
| 2002-12-31 | ₩1.86 Trillion | -13.84% |
| 2001-12-31 | ₩2.15 Trillion | +39.87% |
| 2000-12-31 | ₩1.54 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Doosan'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 decreased by 8155200000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩1.56 Trillion | 105.51% |
| Total Equity | ₩1.48 Trillion | 100.00% |
Doosan Competitors by Market Cap
The table below lists competitors of Doosan ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BAWAG Group AG
PINK:BWAGF
|
$7.78 Billion |
|
UGI Corporation
NYSE:UGI
|
$7.78 Billion |
|
Piraeus Bank S.A.
NASDAQ:PIRBF
|
$7.78 Billion |
|
TENARIS S.A. DL 1
F:TW10
|
$7.79 Billion |
|
Toppan Inc
PINK:TONPF
|
$7.77 Billion |
|
Blueprint Medicines Corp
NASDAQ:BPMC
|
$7.77 Billion |
|
Valmont Industries Inc
NYSE:VMI
|
$7.77 Billion |
|
AB SKF
PINK:SKFRY
|
$7.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Doosan's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,624,122,481,910 to 1,480,157,000,000, a change of -143,965,481,910 (-8.9%).
- Net loss of 226,167,000,000 reduced equity.
- Dividend payments of 125,133,000,000 reduced retained earnings.
- Share repurchases of 64,844,000,000 reduced equity.
- Other factors increased equity by 272,178,518,090.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-226.17 Billion | -15.28% |
| Dividends Paid | ₩125.13 Billion | -8.45% |
| Share Repurchases | ₩64.84 Billion | -4.38% |
| Other Changes | ₩272.18 Billion | +18.39% |
| Total Change | ₩- | -8.86% |
Book Value vs Market Value Analysis
This analysis compares Doosan'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: 9.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.47x to 9.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩182879.19 | ₩1000000.00 | x |
| 2018-12-31 | ₩148688.96 | ₩1000000.00 | x |
| 2019-12-31 | ₩115545.22 | ₩1000000.00 | x |
| 2020-12-31 | ₩122729.90 | ₩1000000.00 | x |
| 2021-12-31 | ₩160103.70 | ₩1000000.00 | x |
| 2022-12-31 | ₩132421.52 | ₩1000000.00 | x |
| 2023-12-31 | ₩120101.03 | ₩1000000.00 | x |
| 2024-12-31 | ₩109455.03 | ₩1000000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Doosan 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): -15.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.25%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 20.36x
- Recent ROE (-15.28%) is below the historical average (-1.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.90% | 0.23% | 0.80x | 10.53x | ₩-48.34 Billion |
| 2005 | 0.67% | 0.03% | 0.88x | 28.78x | ₩-39.16 Billion |
| 2006 | 1.53% | 0.05% | 0.92x | 33.90x | ₩-35.54 Billion |
| 2007 | 9.64% | 0.48% | 0.89x | 22.52x | ₩-2.77 Billion |
| 2008 | 5.41% | 0.39% | 0.65x | 21.21x | ₩-70.96 Billion |
| 2009 | 9.75% | 0.85% | 0.66x | 17.28x | ₩-4.43 Billion |
| 2010 | 10.16% | 0.90% | 0.72x | 15.74x | ₩3.35 Billion |
| 2011 | 8.46% | 6.70% | 0.64x | 1.97x | ₩-49.05 Billion |
| 2012 | 2.18% | 1.68% | 0.64x | 2.02x | ₩-230.31 Billion |
| 2013 | 3.15% | 0.44% | 0.70x | 10.26x | ₩-208.12 Billion |
| 2014 | 2.27% | 0.32% | 0.65x | 10.91x | ₩-222.21 Billion |
| 2015 | -15.34% | -2.31% | 0.54x | 12.37x | ₩-646.25 Billion |
| 2016 | 8.22% | 1.20% | 0.57x | 11.99x | ₩-42.58 Billion |
| 2017 | 1.64% | 0.23% | 0.61x | 11.63x | ₩-206.84 Billion |
| 2018 | -5.81% | -0.64% | 0.63x | 14.36x | ₩-318.01 Billion |
| 2019 | 26.90% | 2.27% | 0.64x | 18.67x | ₩264.13 Billion |
| 2020 | -33.34% | -3.26% | 0.56x | 18.15x | ₩-719.28 Billion |
| 2021 | 9.78% | 1.60% | 0.51x | 12.01x | ₩-4.68 Billion |
| 2022 | -38.89% | -4.10% | 0.65x | 14.70x | ₩-875.47 Billion |
| 2023 | -23.91% | -2.03% | 0.68x | 17.42x | ₩-550.69 Billion |
| 2024 | -15.28% | -1.25% | 0.60x | 20.36x | ₩-374.18 Billion |
Industry Comparison
This section compares Doosan's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $7,353,597,055,080
- Average return on equity (ROE) among peers: 3.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Doosan (000150) | ₩12.25 Trillion | 1.90% | 1.64x | $7.78 Billion |
| Samyang Holdings (000070) | $566.05 Billion | 10.71% | 0.76x | $186.18 Million |
| Doosan Pref Shs (000155) | $7.90 Trillion | 2.49% | 2.63x | $3.90 Billion |
| Doosan Co Ltd (000157) | $7.60 Trillion | 0.53% | 2.78x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $14.23 Trillion | 3.46% | 9.88x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $16.95 Trillion | 2.76% | 9.00x | $901.07 Million |
| CJ Corp (001040) | $16.46 Trillion | 1.67% | 1.55x | $1.93 Billion |
| Kg Chemical (001390) | $98.65 Billion | 11.48% | 1.59x | $129.33 Million |
| SK Networks Co Ltd (001740) | $2.35 Trillion | 1.42% | 2.08x | $339.37 Million |
| Hanchang (005110) | $20.40 Billion | 0.00% | 0.61x | $12.60 Million |