Daehan Synthet (003830) - Net Assets
Based on the latest financial reports, Daehan Synthet (003830) has net assets worth ₩714.71 Billion KRW (≈ $484.35 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩842.28 Billion ≈ $570.80 Million USD) and total liabilities (₩127.57 Billion ≈ $86.46 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 003830 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩714.71 Billion |
| % of Total Assets | 84.85% |
| Annual Growth Rate | 4.95% |
| 5-Year Change | -4.18% |
| 10-Year Change | 77.59% |
| Growth Volatility | 8.14 |
Daehan Synthet - Net Assets Trend (2013–2025)
This chart illustrates how Daehan Synthet's net assets have evolved over time, based on quarterly financial data. See 003830 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Daehan Synthet (2013–2025)
The table below shows the annual net assets of Daehan Synthet from 2013 to 2025. For live valuation and market cap data, see 003830 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩711.01 Billion ≈ $481.84 Million |
+2.93% |
| 2024-12-31 | ₩690.75 Billion ≈ $468.11 Million |
-3.68% |
| 2023-12-31 | ₩717.12 Billion ≈ $485.98 Million |
+0.44% |
| 2022-12-31 | ₩713.98 Billion ≈ $483.86 Million |
-3.78% |
| 2021-12-31 | ₩742.05 Billion ≈ $502.88 Million |
+22.21% |
| 2020-12-31 | ₩607.21 Billion ≈ $411.50 Million |
+13.84% |
| 2019-12-31 | ₩533.41 Billion ≈ $361.48 Million |
+7.01% |
| 2018-12-31 | ₩498.47 Billion ≈ $337.80 Million |
+6.32% |
| 2017-12-31 | ₩468.84 Billion ≈ $317.73 Million |
+17.11% |
| 2016-12-31 | ₩400.36 Billion ≈ $271.32 Million |
-3.23% |
| 2015-12-31 | ₩413.71 Billion ≈ $280.37 Million |
+0.19% |
| 2014-12-31 | ₩412.94 Billion ≈ $279.84 Million |
+3.73% |
| 2013-12-31 | ₩398.08 Billion ≈ $269.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daehan Synthet'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 288.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩512.87 Billion | 72.13% |
| Other Components | ₩198.14 Billion | 27.87% |
| Total Equity | ₩711.01 Billion | 100.00% |
Daehan Synthet Competitors by Market Cap
The table below lists competitors of Daehan Synthet ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dual Co Ltd
KO:016740
|
$81.30 Million |
|
Grimoldi SA
BA:GRIM
|
$81.30 Million |
|
Holland Colours NV
AS:HOLCO
|
$81.30 Million |
|
Ratchaphruek Hospital Public Company Limited
BK:RPH
|
$81.34 Million |
|
AMCON Distributing Company
NYSE MKT:DIT
|
$81.26 Million |
|
Talga Group Ltd
F:TGX
|
$81.24 Million |
|
SensorView Co Ltd
KQ:321370
|
$81.23 Million |
|
Blue Cap AG
XETRA:B7E
|
$81.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daehan Synthet's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 690,751,692,610 to 711,010,793,410, a change of 20,259,100,800 (2.9%).
- Net income of 9,606,102,130 contributed positively to equity growth.
- Dividend payments of 810,960,040 reduced retained earnings.
- Other factors increased equity by 11,463,958,710.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩9.61 Billion | +1.35% |
| Dividends Paid | ₩810.96 Million | -0.11% |
| Other Changes | ₩11.46 Billion | +1.61% |
| Total Change | ₩- | 2.93% |
Book Value vs Market Value Analysis
This analysis compares Daehan Synthet'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: 0.17x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩417377.16 | ₩110900.00 | x |
| 2018-12-31 | ₩443749.39 | ₩110900.00 | x |
| 2019-12-31 | ₩474853.82 | ₩110900.00 | x |
| 2020-12-31 | ₩540554.05 | ₩110900.00 | x |
| 2021-12-31 | ₩660594.21 | ₩110900.00 | x |
| 2022-12-31 | ₩635610.69 | ₩110900.00 | x |
| 2023-12-31 | ₩638398.96 | ₩110900.00 | x |
| 2024-12-31 | ₩638753.93 | ₩110900.00 | x |
| 2025-12-31 | ₩657487.98 | ₩110900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daehan Synthet 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): 1.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.88%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.18x
- Recent ROE (1.35%) is below the historical average (2.18%), 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 | 1.26% | 2.32% | 0.43x | 1.27x | ₩-34.78 Billion |
| 2014 | -3.54% | -10.22% | 0.27x | 1.27x | ₩-55.91 Billion |
| 2015 | -3.78% | -11.54% | 0.26x | 1.25x | ₩-57.00 Billion |
| 2016 | 3.83% | 14.66% | 0.22x | 1.21x | ₩-24.70 Billion |
| 2017 | 4.35% | 18.41% | 0.20x | 1.19x | ₩-26.47 Billion |
| 2018 | 8.88% | 41.10% | 0.18x | 1.17x | ₩-5.60 Billion |
| 2019 | 4.22% | 19.71% | 0.19x | 1.14x | ₩-30.82 Billion |
| 2020 | 2.67% | 18.65% | 0.12x | 1.19x | ₩-44.52 Billion |
| 2021 | 3.29% | 20.77% | 0.13x | 1.22x | ₩-49.83 Billion |
| 2022 | 4.68% | 22.17% | 0.18x | 1.17x | ₩-37.96 Billion |
| 2023 | 1.45% | 7.76% | 0.16x | 1.20x | ₩-61.28 Billion |
| 2024 | -0.36% | -2.02% | 0.15x | 1.19x | ₩-71.57 Billion |
| 2025 | 1.35% | 8.88% | 0.13x | 1.18x | ₩-61.49 Billion |
Industry Comparison
This section compares Daehan Synthet's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $204,040,711,223
- Average return on equity (ROE) among peers: 4.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daehan Synthet (003830) | ₩714.71 Billion | 1.26% | 0.18x | $81.27 Million |
| Kyungbangco.Ltd (000050) | $759.63 Billion | 3.11% | 0.60x | $137.27 Million |
| Chonbang (000950) | $124.38 Billion | 7.27% | 1.24x | $19.38 Million |
| Silla Textile Co.Ltd (001000) | $14.25 Billion | 1.20% | 1.24x | $22.84 Million |
| Taihan Textile (001070) | $31.44 Billion | 0.00% | 9.15x | $14.22 Million |
| DI Dong Il Corp (001530) | $256.83 Billion | 7.36% | 1.10x | $298.79 Million |
| Ilshin Spinnin (003200) | $322.19 Billion | 3.49% | 0.44x | $150.13 Million |
| Pang Rim Spinn (003610) | $179.24 Billion | 3.89% | 0.61x | $110.73 Million |
| Duksung (004830) | $56.01 Billion | 4.13% | 0.61x | $33.20 Million |
| Duksung Co Ltd (004835) | $92.41 Billion | 7.36% | 0.47x | $4.61 Million |
About Daehan Synthet
Daehan Synthetic Fiber Co., Ltd. manufactures and sells polyester yarns in South Korea and internationally. The company offers specialty and regular polyester yarns. It sells its products under the Acepora brand. Daehan Synthetic Fiber Co., Ltd. was founded in 1963 and is headquartered in Seoul, South Korea.