Daewonkangup (000430) - Net Assets
Based on the latest financial reports, Daewonkangup (000430) has net assets worth ₩730.21 Billion KRW (≈ $494.85 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.45 Trillion ≈ $982.17 Million USD) and total liabilities (₩719.09 Billion ≈ $487.32 Million USD). 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. Check how tangible is Daewonkangup's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩730.21 Billion |
| % of Total Assets | 50.38% |
| Annual Growth Rate | 7.92% |
| 5-Year Change | 26.55% |
| 10-Year Change | 31.77% |
| Growth Volatility | 12.79 |
Daewonkangup - Net Assets Trend (2000–2025)
This chart illustrates how Daewonkangup's net assets have evolved over time, based on quarterly financial data. See Daewonkangup defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Daewonkangup (2000–2025)
The table below shows the annual net assets of Daewonkangup from 2000 to 2025. For live valuation and market cap data, see Daewonkangup (000430) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩730.21 Billion ≈ $494.85 Million |
+5.77% |
| 2024-12-31 | ₩690.39 Billion ≈ $467.87 Million |
+11.68% |
| 2023-12-31 | ₩618.19 Billion ≈ $418.94 Million |
+3.37% |
| 2022-12-31 | ₩598.01 Billion ≈ $405.26 Million |
+3.64% |
| 2021-12-31 | ₩576.99 Billion ≈ $391.02 Million |
+0.86% |
| 2020-12-31 | ₩572.10 Billion ≈ $387.70 Million |
-2.59% |
| 2019-12-31 | ₩587.30 Billion ≈ $398.00 Million |
+2.90% |
| 2018-12-31 | ₩570.72 Billion ≈ $386.77 Million |
+2.14% |
| 2017-12-31 | ₩558.75 Billion ≈ $378.65 Million |
+0.83% |
| 2016-12-31 | ₩554.17 Billion ≈ $375.55 Million |
+8.58% |
| 2015-12-31 | ₩510.37 Billion ≈ $345.87 Million |
+4.03% |
| 2014-12-31 | ₩490.61 Billion ≈ $332.48 Million |
+0.91% |
| 2013-12-31 | ₩486.18 Billion ≈ $329.47 Million |
+7.33% |
| 2012-12-31 | ₩452.99 Billion ≈ $306.99 Million |
+11.28% |
| 2011-12-31 | ₩407.09 Billion ≈ $275.88 Million |
+24.73% |
| 2010-12-31 | ₩326.36 Billion ≈ $221.17 Million |
+3.36% |
| 2009-12-31 | ₩315.75 Billion ≈ $213.98 Million |
+6.70% |
| 2008-12-31 | ₩295.93 Billion ≈ $200.55 Million |
+63.66% |
| 2007-12-31 | ₩180.83 Billion ≈ $122.54 Million |
+0.00% |
| 2006-12-31 | ₩180.82 Billion ≈ $122.54 Million |
+1.70% |
| 2005-12-31 | ₩177.80 Billion ≈ $120.49 Million |
+5.36% |
| 2004-12-31 | ₩168.75 Billion ≈ $114.36 Million |
+12.48% |
| 2003-12-31 | ₩150.03 Billion ≈ $101.67 Million |
+15.95% |
| 2002-12-31 | ₩129.40 Billion ≈ $87.69 Million |
+15.95% |
| 2001-12-31 | ₩111.59 Billion ≈ $75.63 Million |
+2.72% |
| 2000-12-31 | ₩108.64 Billion ≈ $73.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daewonkangup'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 51106972700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩511.07 Billion | 91.01% |
| Other Components | ₩50.48 Billion | 8.99% |
| Total Equity | ₩561.55 Billion | 100.00% |
Daewonkangup Competitors by Market Cap
The table below lists competitors of Daewonkangup ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adel Kalemcilik Ticaret ve Sanayi AS
IS:ADEL
|
$194.75 Million |
|
Huons Global Co. Ltd
KQ:084110
|
$194.82 Million |
|
Korea Asset In Trust Co Ltd
KO:123890
|
$194.88 Million |
|
Beijing Chieftain Control Engineering Technology Co Ltd
SHE:300430
|
$194.98 Million |
|
Bygg Partner i Dalarna Holding AB
ST:BYGGP
|
$194.69 Million |
|
Peninsula Group Ltd
TA:PEN
|
$194.61 Million |
|
TMC Life Sciences Bhd
KLSE:0101
|
$194.61 Million |
|
CN YUH.ED.CORP. HD-00001
F:2YU
|
$194.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daewonkangup's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 523,323,530,000 to 561,545,424,000, a change of 38,221,894,000 (7.3%).
- Net income of 36,422,853,000 contributed positively to equity growth.
- Dividend payments of 9,322,863,000 reduced retained earnings.
- Other factors increased equity by 11,121,904,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩36.42 Billion | +6.49% |
| Dividends Paid | ₩9.32 Billion | -1.66% |
| Other Changes | ₩11.12 Billion | +1.98% |
| Total Change | ₩- | 7.30% |
Book Value vs Market Value Analysis
This analysis compares Daewonkangup'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: 0.51x
- 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 0.63x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩7374.02 | ₩4635.00 | x |
| 2018-12-31 | ₩7508.87 | ₩4635.00 | x |
| 2019-12-31 | ₩7743.20 | ₩4635.00 | x |
| 2020-12-31 | ₩7486.55 | ₩4635.00 | x |
| 2021-12-31 | ₩7461.22 | ₩4635.00 | x |
| 2022-12-31 | ₩7801.79 | ₩4635.00 | x |
| 2023-12-31 | ₩8210.59 | ₩4635.00 | x |
| 2024-12-31 | ₩8440.70 | ₩4635.00 | x |
| 2025-12-31 | ₩9057.18 | ₩4635.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daewonkangup 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): 6.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.28%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 2.58x
- Recent ROE (6.49%) is above the historical average (6.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.84% | 1.53% | 1.06x | 2.98x | ₩-5.33 Billion |
| 2001 | 3.45% | 1.10% | 1.07x | 2.93x | ₩-6.89 Billion |
| 2002 | 12.49% | 3.47% | 1.43x | 2.52x | ₩3.01 Billion |
| 2003 | 14.61% | 4.27% | 1.48x | 2.31x | ₩6.46 Billion |
| 2004 | 13.47% | 3.68% | 1.62x | 2.26x | ₩5.44 Billion |
| 2005 | 6.64% | 1.81% | 1.45x | 2.53x | ₩-5.49 Billion |
| 2006 | 5.42% | 1.54% | 1.41x | 2.51x | ₩-7.60 Billion |
| 2007 | 6.02% | 1.64% | 1.49x | 2.46x | ₩-6.57 Billion |
| 2008 | 2.48% | 1.00% | 0.98x | 2.52x | ₩-20.18 Billion |
| 2009 | 2.22% | 0.93% | 0.93x | 2.57x | ₩-21.87 Billion |
| 2010 | 11.47% | 4.38% | 1.08x | 2.43x | ₩4.58 Billion |
| 2011 | 10.33% | 3.65% | 1.04x | 2.72x | ₩1.17 Billion |
| 2012 | 10.82% | 4.17% | 1.01x | 2.57x | ₩3.18 Billion |
| 2013 | 7.61% | 3.12% | 0.87x | 2.82x | ₩-9.89 Billion |
| 2014 | 2.99% | 1.21% | 0.90x | 2.77x | ₩-29.11 Billion |
| 2015 | 4.50% | 1.86% | 0.88x | 2.76x | ₩-23.06 Billion |
| 2016 | 8.55% | 3.57% | 0.84x | 2.87x | ₩-6.53 Billion |
| 2017 | 4.76% | 2.12% | 0.88x | 2.55x | ₩-23.96 Billion |
| 2018 | 3.74% | 1.75% | 0.92x | 2.33x | ₩-29.14 Billion |
| 2019 | 3.34% | 1.67% | 0.92x | 2.18x | ₩-31.98 Billion |
| 2020 | -1.39% | -0.75% | 0.85x | 2.19x | ₩-52.86 Billion |
| 2021 | -1.49% | -0.80% | 0.88x | 2.13x | ₩-53.15 Billion |
| 2022 | 3.90% | 1.84% | 1.01x | 2.09x | ₩-29.52 Billion |
| 2023 | 6.02% | 2.77% | 1.08x | 2.02x | ₩-20.27 Billion |
| 2024 | 5.48% | 2.10% | 1.04x | 2.51x | ₩-23.67 Billion |
| 2025 | 6.49% | 2.28% | 1.10x | 2.58x | ₩-19.73 Billion |
Industry Comparison
This section compares Daewonkangup's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $669,933,845,449
- Average return on equity (ROE) among peers: 7.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daewonkangup (000430) | ₩730.21 Billion | 4.84% | 0.98x | $194.75 Million |
| Hankook Tire Worldwide (000240) | $3.00 Trillion | 5.66% | 0.09x | $1.58 Billion |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $44.95 Million |
| Tae Won Mulsan (001420) | $31.38 Billion | 2.60% | 0.35x | $11.85 Million |
| Dongkook Ind (001620) | $268.05 Billion | 11.77% | 2.22x | $182.52 Million |
| PS Tec. Co. Ltd (002230) | $101.46 Billion | 24.27% | 0.32x | $61.14 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $464.65 Million |
| Nexen Tire Prf 1 (002355) | $933.36 Billion | 13.77% | 1.71x | $17.93 Million |
| Dayou A-Tech (002880) | $203.50 Billion | 0.00% | 3.17x | $26.24 Million |
| Yoo Sung Ent (002920) | $168.22 Billion | 0.00% | 0.38x | $31.08 Million |
About Daewonkangup
Daewon Kang Up Co., Ltd. develops, produces, and sells suspension springs and seats in South Korea and internationally. The company offers round steel, flat steel, material processing, and piping spring materials; and suspension springs, such as coil and air springs, stabilizer and torsion bars, and leaf springs. It also provides precision springs, such as engine valve springs, auto clutch return… Read more