Daishin Sec (003540) - Net Assets
Based on the latest financial reports, Daishin Sec (003540) has net assets worth ₩4.56 Trillion KRW (≈ $3.09 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩42.59 Trillion ≈ $28.87 Billion USD) and total liabilities (₩38.04 Trillion ≈ $25.78 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 Daishin Sec strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩4.56 Trillion |
| % of Total Assets | 10.7% |
| Annual Growth Rate | 5.05% |
| 5-Year Change | 52.92% |
| 10-Year Change | 128.18% |
| Growth Volatility | 7.59 |
Daishin Sec - Net Assets Trend (2001–2025)
This chart illustrates how Daishin Sec's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Daishin Sec.
Annual Net Assets for Daishin Sec (2001–2025)
The table below shows the annual net assets of Daishin Sec from 2001 to 2025. Also explore 003540 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩4.06 Trillion ≈ $2.75 Billion |
+22.38% |
| 2024-12-31 | ₩3.32 Trillion ≈ $2.25 Billion |
+9.73% |
| 2023-12-31 | ₩3.02 Trillion ≈ $2.05 Billion |
+10.96% |
| 2022-12-31 | ₩2.72 Trillion ≈ $1.85 Billion |
+2.63% |
| 2021-12-31 | ₩2.65 Trillion ≈ $1.80 Billion |
+27.72% |
| 2020-12-31 | ₩2.08 Trillion ≈ $1.41 Billion |
+2.99% |
| 2019-12-31 | ₩2.02 Trillion ≈ $1.37 Billion |
+0.81% |
| 2018-12-31 | ₩2.00 Trillion ≈ $1.36 Billion |
+7.12% |
| 2017-12-31 | ₩1.87 Trillion ≈ $1.27 Billion |
+5.05% |
| 2016-12-31 | ₩1.78 Trillion ≈ $1.20 Billion |
+2.69% |
| 2015-12-31 | ₩1.73 Trillion ≈ $1.17 Billion |
+5.39% |
| 2014-12-31 | ₩1.64 Trillion ≈ $1.11 Billion |
+0.51% |
| 2013-12-31 | ₩1.63 Trillion ≈ $1.11 Billion |
-1.43% |
| 2012-12-31 | ₩1.66 Trillion ≈ $1.12 Billion |
-4.33% |
| 2011-12-31 | ₩1.73 Trillion ≈ $1.17 Billion |
-0.44% |
| 2010-12-31 | ₩1.74 Trillion ≈ $1.18 Billion |
+3.00% |
| 2009-12-31 | ₩1.69 Trillion ≈ $1.15 Billion |
+1.97% |
| 2008-12-31 | ₩1.66 Trillion ≈ $1.12 Billion |
-4.20% |
| 2007-12-31 | ₩1.73 Trillion ≈ $1.17 Billion |
+13.71% |
| 2006-12-31 | ₩1.52 Trillion ≈ $1.03 Billion |
+4.25% |
| 2005-12-31 | ₩1.46 Trillion ≈ $989.21 Million |
+11.71% |
| 2004-12-31 | ₩1.31 Trillion ≈ $885.51 Million |
-0.77% |
| 2003-12-31 | ₩1.32 Trillion ≈ $892.41 Million |
+7.07% |
| 2002-12-31 | ₩1.23 Trillion ≈ $833.47 Million |
-1.05% |
| 2001-12-31 | ₩1.24 Trillion ≈ $842.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daishin Sec'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 708.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩2.29 Trillion | 56.37% |
| Other Components | ₩1.77 Trillion | 43.63% |
| Total Equity | ₩4.05 Trillion | 100.00% |
Daishin Sec Competitors by Market Cap
The table below lists competitors of Daishin Sec ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sobute New Materials Co Ltd
SHG:603916
|
$675.58 Million |
|
Qingmu Digital Technology Co.Ltd.
SHE:301110
|
$675.63 Million |
|
Delta Israel Brands Ltd
TA:DLTI
|
$675.68 Million |
|
Udemy Inc
NASDAQ:UDMY
|
$675.68 Million |
|
Manitowoc Company Inc
NYSE:MTW
|
$675.46 Million |
|
Jilin Liyuan Precision Manufacturing Co Ltd
SHE:002501
|
$675.32 Million |
|
DAKOTA GOLD CORP. DL-001
F:RR6
|
$674.89 Million |
|
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A
SHG:688210
|
$674.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daishin Sec's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,320,378,412,000 to 4,054,118,668,000, a change of 733,740,256,000 (22.1%).
- Net income of 186,611,961,000 contributed positively to equity growth.
- Dividend payments of 103,854,363,000 reduced retained earnings.
- New share issuances of 384,728,307,000 increased equity.
- Other factors increased equity by 266,254,351,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩186.61 Billion | +4.6% |
| Dividends Paid | ₩103.85 Billion | -2.56% |
| Share Issuances | ₩384.73 Billion | +9.49% |
| Other Changes | ₩266.25 Billion | +6.57% |
| Total Change | ₩- | 22.10% |
Book Value vs Market Value Analysis
This analysis compares Daishin Sec'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: 0.43x
- 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 0.57x to 0.43x 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 | ₩45394.64 | ₩25900.00 | x |
| 2018-12-31 | ₩47576.45 | ₩25900.00 | x |
| 2019-12-31 | ₩52223.71 | ₩25900.00 | x |
| 2020-12-31 | ₩56610.06 | ₩25900.00 | x |
| 2021-12-31 | ₩39312.73 | ₩25900.00 | x |
| 2022-12-31 | ₩74527.72 | ₩25900.00 | x |
| 2023-12-31 | ₩80673.67 | ₩25900.00 | x |
| 2024-12-31 | ₩87387.67 | ₩25900.00 | x |
| 2025-12-31 | ₩59627.91 | ₩25900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daishin Sec 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): 4.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.58%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 9.65x
- Recent ROE (4.60%) is below the historical average (5.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.16% | 6.01% | 0.17x | 2.12x | ₩-95.77 Billion |
| 2003 | 3.59% | 10.82% | 0.19x | 1.76x | ₩-83.83 Billion |
| 2004 | 1.96% | 8.03% | 0.13x | 1.90x | ₩-104.38 Billion |
| 2005 | 7.04% | 18.48% | 0.14x | 2.67x | ₩-42.96 Billion |
| 2006 | 6.70% | 14.38% | 0.13x | 3.49x | ₩-50.20 Billion |
| 2007 | 10.28% | 11.46% | 0.26x | 3.45x | ₩4.81 Billion |
| 2008 | 3.64% | 2.66% | 0.35x | 3.90x | ₩-105.45 Billion |
| 2009 | 5.45% | 3.97% | 0.29x | 4.79x | ₩-76.42 Billion |
| 2010 | 2.88% | 1.58% | 0.35x | 5.17x | ₩-121.62 Billion |
| 2011 | 5.18% | 2.18% | 0.38x | 6.34x | ₩-83.48 Billion |
| 2012 | 0.20% | 0.41% | 0.07x | 7.59x | ₩-162.43 Billion |
| 2013 | 0.92% | 4.07% | 0.03x | 8.46x | ₩-148.34 Billion |
| 2014 | 2.66% | 7.10% | 0.03x | 11.09x | ₩-120.60 Billion |
| 2015 | 8.78% | 4.39% | 0.17x | 12.04x | ₩-18.99 Billion |
| 2016 | 4.16% | 15.74% | 0.03x | 9.95x | ₩-103.78 Billion |
| 2017 | 6.20% | 22.99% | 0.03x | 9.34x | ₩-70.89 Billion |
| 2018 | 7.15% | 25.20% | 0.03x | 9.73x | ₩-56.07 Billion |
| 2019 | 4.77% | 15.10% | 0.03x | 9.79x | ₩-103.73 Billion |
| 2020 | 7.23% | 15.74% | 0.04x | 10.50x | ₩-56.66 Billion |
| 2021 | 23.52% | 37.50% | 0.07x | 8.68x | ₩354.41 Billion |
| 2022 | 4.33% | 9.05% | 0.06x | 7.93x | ₩-151.60 Billion |
| 2023 | 4.43% | 15.25% | 0.04x | 7.50x | ₩-168.36 Billion |
| 2024 | 4.36% | 18.05% | 0.03x | 7.95x | ₩-187.22 Billion |
| 2025 | 4.60% | 18.58% | 0.03x | 9.65x | ₩-218.80 Billion |
Industry Comparison
This section compares Daishin Sec's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $531,776,541,777
- Average return on equity (ROE) among peers: 5.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daishin Sec (003540) | ₩4.56 Trillion | 2.16% | 8.35x | $675.46 Million |
| Eugene Inv&Sec (001200) | $316.74 Billion | 0.01% | 1.20x | $256.73 Million |
| Bookook Sec (001270) | $331.68 Billion | 4.50% | 1.55x | $204.06 Million |
| Bookook Securities Co Ltd (001275) | $833.26 Billion | 5.48% | 1.17x | $60.76 Million |
| Sangsangin Investment & Securities Co Ltd (001290) | $194.77 Billion | 4.60% | 1.99x | $302.82 Million |
| Hyundai Motor Securities Co. Ltd. (001500) | $667.00 Billion | -1.45% | 5.82x | $330.62 Million |
| Sk Securities (001510) | $226.27 Billion | 3.90% | 2.56x | $333.19 Million |
| SK Securities Co Ltd Preference Shares (001515) | $618.68 Billion | 6.47% | 9.30x | $838.21 Million |
| Shinyoung Securities Co. Ltd. (001720) | $1.54 Trillion | 6.28% | 5.64x | $736.72 Million |
| Hanyang Sec (001750) | $161.79 Billion | 7.25% | 0.57x | $165.79 Million |
| Hanyang Securities Co Ltd (001755) | $432.34 Billion | 18.38% | 2.78x | $165.36 Million |
About Daishin Sec
Daishin Securities Co.,Ltd operates as a financial investment company in Korea and internationally. It engages in dealing, brokerage, underwriting, investment trust, and other services. The company also provides retirement pension products, real estate trust, urban redevelopment projects, collateralized bond trusts, agency services, real estate consulting, and asset management for Real Estate Inv… Read more