Daesang Corp (001680) - Net Assets
Based on the latest financial reports, Daesang Corp (001680) has net assets worth ₩1.10 Trillion KRW (≈ $743.39 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 (₩3.48 Trillion ≈ $2.36 Billion USD) and total liabilities (₩2.38 Trillion ≈ $1.61 Billion 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 001680 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.10 Trillion |
| % of Total Assets | 31.53% |
| Annual Growth Rate | 1.83% |
| 5-Year Change | -12.05% |
| 10-Year Change | 26.48% |
| Growth Volatility | 15.78 |
Daesang Corp - Net Assets Trend (2000–2025)
This chart illustrates how Daesang Corp's net assets have evolved over time, based on quarterly financial data. Also explore Daesang Corp (001680) total assets for the complete picture of this company's asset base.
Annual Net Assets for Daesang Corp (2000–2025)
The table below shows the annual net assets of Daesang Corp from 2000 to 2025. For live valuation and market cap data, see Daesang Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.10 Trillion ≈ $743.39 Million |
-24.22% |
| 2024-12-31 | ₩1.45 Trillion ≈ $981.02 Million |
+7.73% |
| 2023-12-31 | ₩1.34 Trillion ≈ $910.64 Million |
+1.60% |
| 2022-12-31 | ₩1.32 Trillion ≈ $896.33 Million |
+6.05% |
| 2021-12-31 | ₩1.25 Trillion ≈ $845.22 Million |
+13.22% |
| 2020-12-31 | ₩1.10 Trillion ≈ $746.50 Million |
+7.76% |
| 2019-12-31 | ₩1.02 Trillion ≈ $692.72 Million |
+10.06% |
| 2018-12-31 | ₩928.72 Billion ≈ $629.38 Million |
+5.01% |
| 2017-12-31 | ₩884.44 Billion ≈ $599.37 Million |
+1.98% |
| 2016-12-31 | ₩867.27 Billion ≈ $587.74 Million |
+5.95% |
| 2015-12-31 | ₩818.54 Billion ≈ $554.71 Million |
+4.34% |
| 2014-12-31 | ₩784.48 Billion ≈ $531.63 Million |
+10.03% |
| 2013-12-31 | ₩712.97 Billion ≈ $483.17 Million |
+13.86% |
| 2012-12-31 | ₩626.19 Billion ≈ $424.36 Million |
+14.46% |
| 2011-12-31 | ₩547.08 Billion ≈ $370.75 Million |
+12.88% |
| 2010-12-31 | ₩484.66 Billion ≈ $328.45 Million |
+10.04% |
| 2009-12-31 | ₩440.42 Billion ≈ $298.47 Million |
+30.94% |
| 2008-12-31 | ₩336.35 Billion ≈ $227.94 Million |
-8.42% |
| 2007-12-31 | ₩367.29 Billion ≈ $248.90 Million |
+3.76% |
| 2006-12-31 | ₩353.96 Billion ≈ $239.87 Million |
+27.84% |
| 2005-12-31 | ₩276.87 Billion ≈ $187.63 Million |
-45.33% |
| 2004-12-31 | ₩506.49 Billion ≈ $343.24 Million |
+1.74% |
| 2003-12-31 | ₩497.81 Billion ≈ $337.36 Million |
+5.43% |
| 2002-12-31 | ₩472.17 Billion ≈ $319.98 Million |
-24.72% |
| 2001-12-31 | ₩627.21 Billion ≈ $425.05 Million |
-10.05% |
| 2000-12-31 | ₩697.25 Billion ≈ $472.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daesang Corp'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 37424.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩768.74 Billion | 71.78% |
| Other Components | ₩302.18 Billion | 28.22% |
| Total Equity | ₩1.07 Trillion | 100.00% |
Daesang Corp Competitors by Market Cap
The table below lists competitors of Daesang Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Soho House & Co Inc.
NYSE:SHCO
|
$486.07 Million |
|
Shanxi Antai Group Co Ltd
SHG:600408
|
$486.18 Million |
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
$486.19 Million |
|
Ningbo David Medical Device Co Ltd
SHE:300314
|
$486.34 Million |
|
Lyell Immunopharma Inc
NASDAQ:LYEL
|
$485.93 Million |
|
DONGGUAN R.COMMERC. H YC1
F:857
|
$485.89 Million |
|
Community Healthcare Trust Inc
NYSE:CHCT
|
$485.72 Million |
|
enGene Holdings Inc. Common Stock
NASDAQ:ENGN
|
$485.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daesang Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,421,433,807,100 to 1,070,920,927,610, a change of -350,512,879,490 (-24.7%).
- Net loss of 304,248,500,170 reduced equity.
- Dividend payments of 30,629,213,030 reduced retained earnings.
- Other factors decreased equity by 15,635,166,290.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-304.25 Billion | -28.41% |
| Dividends Paid | ₩30.63 Billion | -2.86% |
| Other Changes | ₩-15.64 Billion | -1.46% |
| Total Change | ₩- | -24.66% |
Book Value vs Market Value Analysis
This analysis compares Daesang Corp'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: 0.67x
- 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 0.82x to 0.67x 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 | ₩25137.53 | ₩20700.00 | x |
| 2018-12-31 | ₩26410.11 | ₩20700.00 | x |
| 2019-12-31 | ₩28999.08 | ₩20700.00 | x |
| 2020-12-31 | ₩31272.70 | ₩20700.00 | x |
| 2021-12-31 | ₩35410.40 | ₩20700.00 | x |
| 2022-12-31 | ₩37615.79 | ₩20700.00 | x |
| 2023-12-31 | ₩38129.10 | ₩20700.00 | x |
| 2024-12-31 | ₩41024.96 | ₩20700.00 | x |
| 2025-12-31 | ₩30908.57 | ₩20700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daesang Corp 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): -28.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.91%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 3.25x
- Recent ROE (-28.41%) is below the historical average (5.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.46% | 0.64% | 0.64x | 3.52x | ₩-55.13 Billion |
| 2003 | 8.01% | 2.36% | 1.00x | 3.38x | ₩-9.87 Billion |
| 2004 | 1.92% | 0.53% | 1.25x | 2.89x | ₩-40.80 Billion |
| 2007 | 1.51% | 0.37% | 1.39x | 2.91x | ₩-29.14 Billion |
| 2009 | 1.59% | 0.44% | 1.30x | 2.77x | ₩-36.75 Billion |
| 2010 | 6.79% | 1.86% | 1.32x | 2.75x | ₩-15.13 Billion |
| 2011 | 10.11% | 2.44% | 1.38x | 2.99x | ₩571.31 Million |
| 2012 | 14.51% | 3.50% | 1.53x | 2.71x | ₩27.01 Billion |
| 2013 | 15.24% | 4.10% | 1.46x | 2.54x | ₩35.82 Billion |
| 2014 | 11.63% | 3.41% | 1.43x | 2.39x | ₩12.37 Billion |
| 2015 | 7.36% | 2.21% | 1.25x | 2.66x | ₩-20.89 Billion |
| 2016 | 7.62% | 2.26% | 1.24x | 2.72x | ₩-20.20 Billion |
| 2017 | 6.05% | 1.78% | 1.32x | 2.59x | ₩-34.36 Billion |
| 2018 | 7.09% | 2.19% | 1.34x | 2.40x | ₩-26.63 Billion |
| 2019 | 10.67% | 3.62% | 1.24x | 2.39x | ₩6.73 Billion |
| 2020 | 11.55% | 4.02% | 1.23x | 2.33x | ₩16.75 Billion |
| 2021 | 11.75% | 4.15% | 1.21x | 2.34x | ₩21.44 Billion |
| 2022 | 6.37% | 2.03% | 1.28x | 2.45x | ₩-47.26 Billion |
| 2023 | 5.08% | 1.63% | 1.23x | 2.52x | ₩-65.03 Billion |
| 2024 | 6.70% | 2.24% | 1.21x | 2.47x | ₩-46.96 Billion |
| 2025 | -28.41% | -6.91% | 1.27x | 3.25x | ₩-411.34 Billion |
Industry Comparison
This section compares Daesang Corp's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $533,335,917,992
- Average return on equity (ROE) among peers: 2.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daesang Corp (001680) | ₩1.10 Trillion | 1.46% | 2.17x | $486.05 Million |
| Daehan Flour Mills Co Ltd (001130) | $238.84 Billion | 11.11% | 1.02x | $174.98 Million |
| Daesang Corp Preference Shares (001685) | $1.32 Trillion | 6.28% | 1.41x | $15.68 Million |
| Korea Ind (002140) | $88.76 Billion | 5.76% | 1.06x | $47.32 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $59.77 Million |
| Sam Yang Foods (003230) | $54.47 Billion | 7.75% | 2.83x | $5.05 Billion |
| Daejoo Inc (003310) | $50.50 Billion | 5.36% | 0.67x | $82.87 Million |
| Harim Holdings Co. Ltd (003380) | $2.10 Trillion | 14.57% | 4.53x | $864.77 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $19.75 Million |
| Namyang Dairy (003920) | $737.95 Billion | -10.63% | 0.22x | $209.00 Million |
About Daesang Corp
Daesang Corporation, together with its subsidiaries, manufacture seasonings and food additives products in Korea, Asia, the United States, Europe, Oceania, and Africa. It operates through Food and Material segments. The company offers general food products, including bean pastes and seasonings; agro-fishery food, such as vinegar and fish sauce; and fresh food products comprising Kimchi and tofu, … Read more