Daishin Securities Co Ltd Pref (003545) - Net Assets
Based on the latest financial reports, Daishin Securities Co Ltd Pref (003545) has net assets worth ₩4.04 Trillion KRW (≈ $2.74 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩38.63 Trillion ≈ $26.18 Billion USD) and total liabilities (₩34.60 Trillion ≈ $23.45 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 003545 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩4.04 Trillion |
| % of Total Assets | 10.45% |
| Annual Growth Rate | 7.87% |
| 5-Year Change | 52.92% |
| 10-Year Change | 128.18% |
| Growth Volatility | 8.23 |
Daishin Securities Co Ltd Pref - Net Assets Trend (2013–2025)
This chart illustrates how Daishin Securities Co Ltd Pref's net assets have evolved over time, based on quarterly financial data. See 003545 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Daishin Securities Co Ltd Pref (2013–2025)
The table below shows the annual net assets of Daishin Securities Co Ltd Pref from 2013 to 2025. For live valuation and market cap data, see Daishin Securities Co Ltd Pref (003545) market capitalisation.
| 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 |
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Equity Component Analysis
This analysis shows how different components contribute to Daishin Securities Co Ltd Pref'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 316.8% 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 Securities Co Ltd Pref Competitors by Market Cap
The table below lists competitors of Daishin Securities Co Ltd Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRUKSA HOLDING
BK:PSH-R
|
$298.84 Million |
|
Wistron Information Technology & Services
TWO:4953
|
$298.87 Million |
|
Ningbo GQY Video Telecom
SHE:300076
|
$299.05 Million |
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$299.10 Million |
|
ALPHA
KLSE:0303
|
$298.81 Million |
|
AVCON Information Tech
SHE:300074
|
$298.76 Million |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
$298.66 Million |
|
Gannett Co Inc
NYSE:GCI
|
$298.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daishin Securities Co Ltd Pref'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 Securities Co Ltd Pref'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: 0.35x
- 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 0.46x to 0.35x 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 | ₩20850.00 | x |
| 2018-12-31 | ₩47576.45 | ₩20850.00 | x |
| 2019-12-31 | ₩52223.71 | ₩20850.00 | x |
| 2020-12-31 | ₩56610.06 | ₩20850.00 | x |
| 2021-12-31 | ₩39312.73 | ₩20850.00 | x |
| 2022-12-31 | ₩74527.72 | ₩20850.00 | x |
| 2023-12-31 | ₩80673.67 | ₩20850.00 | x |
| 2024-12-31 | ₩87387.67 | ₩20850.00 | x |
| 2025-12-31 | ₩59627.91 | ₩20850.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daishin Securities Co Ltd Pref 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 (6.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.26% | 1.02% | 0.03x | 8.46x | ₩-159.19 Billion |
| 2014 | 2.99% | 2.29% | 0.10x | 12.46x | ₩-102.60 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 Securities Co Ltd Pref's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $329,033,140,160
- Average return on equity (ROE) among peers: 12.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daishin Securities Co Ltd Pref (003545) | ₩4.04 Trillion | 0.26% | 8.57x | $298.84 Million |
| Eugene Inv&Sec (001200) | $346.44 Billion | 39.66% | 1.21x | $304.66 Million |
| Bookook Sec (001270) | $376.53 Billion | 1.19% | 0.74x | $257.19 Million |
| Bookook Securities Co Ltd (001275) | $397.35 Billion | 3.45% | 1.25x | $64.17 Million |
| Sangsangin Investment & Securities Co Ltd (001290) | $89.09 Billion | 0.00% | 0.59x | $68.05 Million |
| Hyundai Motor Securities Co. Ltd. (001500) | $119.63 Billion | 9.35% | 0.68x | $395.99 Million |
| Sk Securities (001510) | $570.16 Billion | 5.48% | 6.26x | $447.39 Million |
| SK Securities Co Ltd Preference Shares (001515) | $436.98 Billion | 4.31% | 7.65x | $1.12 Billion |
| Shinyoung Securities Co. Ltd. (001720) | $556.49 Billion | 8.77% | 4.36x | $1.01 Billion |
| Hanyang Sec (001750) | $128.76 Billion | 54.87% | 1.55x | $173.38 Million |
| Hanyang Securities Co Ltd (001755) | $268.91 Billion | 1.82% | 5.38x | $172.52 Million |
About Daishin Securities Co Ltd Pref
Daishin Securities Co.,Ltd operates as a financial investment company in Korea and internationally. It engages in the investment management and trading, investment brokerage, trust, investment advisory, etc. The company also provides retirement pension products; and real estate trust, urban renewal projects, collateralized bond trust, agency services, consulting, Real Estate Investment Trusts (RE… Read more