Daishin Sec (003540) - Net Assets

Latest as of September 2025: ₩3.60 Trillion KRW ≈ $2.44 Billion USD

Based on the latest financial reports, Daishin Sec (003540) has net assets worth ₩3.60 Trillion KRW (≈ $2.44 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩33.50 Trillion ≈ $22.70 Billion USD) and total liabilities (₩29.90 Trillion ≈ $20.26 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 how resilient are Daishin Sec's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩3.60 Trillion
% of Total Assets	10.75%
Annual Growth Rate	4.36%
5-Year Change	59.6%
10-Year Change	91.47%
Growth Volatility	6.85

Daishin Sec - Net Assets Trend (2001–2024)

This chart illustrates how Daishin Sec's net assets have evolved over time, based on quarterly financial data. Also explore 003540 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Daishin Sec (2001–2024)

The table below shows the annual net assets of Daishin Sec from 2001 to 2024. For live valuation and market cap data, see market value of Daishin Sec.

Year	Net Assets	Change
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	--

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 508.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩1.72 Trillion	51.79%
Other Components	₩1.60 Trillion	48.21%
Total Equity	₩3.32 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
Ningbo Donly Co Ltd SHE:002164	$978.09 Million
ALPHAMAB ONCOLO.DL-000002 F:3NK	$978.26 Million
Mission Produce Inc NASDAQ:AVO	$978.29 Million
Douglas Dynamics Inc NYSE:PLOW	$978.32 Million
Nabors Industries Ltd F:NBI1	$977.03 Million
Zhejiang Anglikang Pharmaceutical Co Ltd Class A SHE:002940	$976.49 Million
Biotest Aktiengesellschaft XETRA:BIO	$976.15 Million
Triveni Engineering & Industries Limited NSE:TRIVENI	$975.92 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 2023 to 2024, total equity changed from 3,020,064,866,000 to 3,320,378,412,000, a change of 300,313,546,000 (9.9%).
Net income of 144,817,600,000 contributed positively to equity growth.
Dividend payments of 82,059,005,000 reduced retained earnings.
New share issuances of 229,696,608,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩144.82 Billion	+4.36%
Dividends Paid	₩82.06 Billion	-2.47%
Share Issuances	₩229.70 Billion	+6.92%
Other Changes	₩7.86 Billion	+0.24%
Total Change	₩-	9.94%

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 0.84x 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	₩37950.00	x
2018-12-31	₩47576.45	₩37950.00	x
2019-12-31	₩52223.71	₩37950.00	x
2020-12-31	₩56610.06	₩37950.00	x
2021-12-31	₩39312.73	₩37950.00	x
2022-12-31	₩74527.72	₩37950.00	x
2023-12-31	₩80673.67	₩37950.00	x
2024-12-31	₩87387.67	₩37950.00	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): 4.36%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.05%
• Asset Turnover: 0.03x
• Equity Multiplier: 7.95x
Recent ROE (4.36%) is below the historical average (5.55%), 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

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: $516,302,022,091
Average return on equity (ROE) among peers: 3.53%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Daishin Sec (003540)	₩3.60 Trillion	2.16%	8.30x	$977.81 Million
Eugene Inv&Sec (001200)	$751.70 Billion	6.18%	8.65x	$347.91 Million
Bookook Sec (001270)	$485.98 Billion	5.65%	2.05x	$293.81 Million
Bookook Securities Co Ltd (001275)	$397.35 Billion	3.45%	1.25x	$72.71 Million
Sangsangin Investment & Securities Co Ltd (001290)	$172.69 Billion	4.42%	0.77x	$93.98 Million
Hyundai Motor Securities Co. Ltd. (001500)	$1.28 Trillion	4.19%	8.07x	$459.68 Million
Shinyoung Securities Co. Ltd. (001720)	$444.19 Billion	1.39%	1.15x	$1.03 Billion
Hanyang Sec (001750)	$256.06 Billion	1.75%	1.01x	$247.13 Million
Hanyang Securities Co Ltd (001755)	$459.39 Billion	5.23%	2.27x	$255.33 Million
Yuhwa Sec (003460)	$458.46 Billion	1.36%	0.35x	$110.23 Million
Yuhwa Securities Co Ltd (003465)	$459.41 Billion	1.72%	0.38x	$34.18 Million

About Daishin Sec

KO:003540 Korea Capital Markets

Market Cap

$977.81 Million

₩1.44 Trillion KRW

Market Cap Rank

#9209 Global

#264 in Korea

Share Price

₩37950.00

Change (1 day)

-1.68%

52-Week Range

₩18320.00 - ₩49000.00

All Time High

₩49000.00