Drb Holding
DRB Holding Co., Ltd. engages in the manufacture and sale of vehicle sealing products, construction materials, and seismic isolation and vibration controls in South Korea and internationally. The company provides glass run/channels, as well as door, body, tailgate, and hood seals. It also offers railway products, such as low vibration track systems, ballast mats, platform gap fillers, and rail fa… Read more
Drb Holding (004840) - Net Assets
Latest net assets as of September 2025: ₩522.48 Billion KRW
Based on the latest financial reports, Drb Holding (004840) has net assets worth ₩522.48 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩942.15 Billion) and total liabilities (₩419.67 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩522.48 Billion |
| % of Total Assets | 55.46% |
| Annual Growth Rate | 8.95% |
| 5-Year Change | 12.3% |
| 10-Year Change | 35.19% |
| Growth Volatility | 30.06 |
Drb Holding - Net Assets Trend (2003–2024)
This chart illustrates how Drb Holding's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Drb Holding (2003–2024)
The table below shows the annual net assets of Drb Holding from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩520.64 Billion | +4.52% |
| 2023-12-31 | ₩498.11 Billion | +3.82% |
| 2022-12-31 | ₩479.77 Billion | +0.89% |
| 2021-12-31 | ₩475.56 Billion | +2.58% |
| 2020-12-31 | ₩463.62 Billion | +0.45% |
| 2019-12-31 | ₩461.52 Billion | +3.42% |
| 2018-12-31 | ₩446.28 Billion | +2.11% |
| 2017-12-31 | ₩437.07 Billion | +1.55% |
| 2016-12-31 | ₩430.41 Billion | +11.76% |
| 2015-12-31 | ₩385.12 Billion | +15.21% |
| 2014-12-31 | ₩334.28 Billion | +15.49% |
| 2013-12-31 | ₩289.46 Billion | +95.44% |
| 2012-12-31 | ₩148.11 Billion | -34.76% |
| 2011-12-31 | ₩227.02 Billion | +26.94% |
| 2010-12-31 | ₩178.84 Billion | +3.43% |
| 2009-12-31 | ₩172.92 Billion | +101.38% |
| 2008-12-31 | ₩85.87 Billion | -4.31% |
| 2007-12-31 | ₩89.73 Billion | -0.71% |
| 2006-12-31 | ₩90.38 Billion | -0.01% |
| 2005-12-31 | ₩90.39 Billion | -0.32% |
| 2004-12-31 | ₩90.68 Billion | +5.33% |
| 2003-12-31 | ₩86.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Drb Holding'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 43941784741000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩439.42 Billion | 109.74% |
| Total Equity | ₩400.42 Billion | 100.00% |
Drb Holding Competitors by Market Cap
The table below lists competitors of Drb Holding ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oriental Aromatics Limited
NSE:OAL
|
$22.14 Million |
|
Summa Silver Corp
OTCQX:SSVRF
|
$22.15 Million |
|
Modernform Group Public Company Limited
BK:MODERN
|
$22.15 Million |
|
Software Acquisition Group III Inc
NASDAQ:SWAG
|
$22.15 Million |
|
Moulinvest
PA:ALMOU
|
$22.14 Million |
|
Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret AS
IS:ARZUM
|
$22.14 Million |
|
Atara Biotherapeutics Inc
NASDAQ:ATRA
|
$22.13 Million |
|
X4 PHARMACEUTIC. DL-001
F:48Q
|
$22.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Drb Holding's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 378,975,123,320 to 400,416,816,930, a change of 21,441,693,610 (5.7%).
- Net income of 9,469,647,490 contributed positively to equity growth.
- Dividend payments of 3,092,177,360 reduced retained earnings.
- Other factors increased equity by 15,064,223,480.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩9.47 Billion | +2.36% |
| Dividends Paid | ₩3.09 Billion | -0.77% |
| Other Changes | ₩15.06 Billion | +3.76% |
| Total Change | ₩- | 5.66% |
Book Value vs Market Value Analysis
This analysis compares Drb Holding'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: 0.26x
- 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 | ₩18014.63 | ₩5420.00 | x |
| 2018-12-31 | ₩18195.14 | ₩5420.00 | x |
| 2019-12-31 | ₩18376.97 | ₩5420.00 | x |
| 2020-12-31 | ₩18306.56 | ₩5420.00 | x |
| 2021-12-31 | ₩18916.20 | ₩5420.00 | x |
| 2022-12-31 | ₩18970.91 | ₩5420.00 | x |
| 2023-12-31 | ₩19664.17 | ₩5420.00 | x |
| 2024-12-31 | ₩20776.74 | ₩5420.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Drb Holding 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): 2.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.26%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.45x
- Recent ROE (2.36%) is below the historical average (6.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 5.53% | 2.54% | 1.08x | 2.01x | ₩-3.58 Billion |
| 2004 | 5.50% | 2.22% | 1.23x | 2.02x | ₩-3.79 Billion |
| 2005 | 3.31% | 1.86% | 0.98x | 1.82x | ₩-6.05 Billion |
| 2006 | 1.36% | 0.73% | 0.87x | 2.14x | ₩-7.81 Billion |
| 2009 | 3.78% | 1.99% | 0.82x | 2.32x | ₩-10.75 Billion |
| 2010 | 5.28% | 2.38% | 0.89x | 2.49x | ₩-8.43 Billion |
| 2011 | 12.35% | 5.57% | 0.97x | 2.29x | ₩5.37 Billion |
| 2012 | 20.20% | 8.90% | 0.91x | 2.49x | ₩15.10 Billion |
| 2013 | 13.53% | 7.05% | 0.74x | 2.59x | ₩7.75 Billion |
| 2014 | 15.27% | 6.68% | 0.95x | 2.41x | ₩13.48 Billion |
| 2015 | 13.94% | 6.84% | 0.94x | 2.16x | ₩11.67 Billion |
| 2016 | 11.87% | 7.14% | 0.79x | 2.11x | ₩6.20 Billion |
| 2017 | 5.31% | 3.29% | 0.81x | 2.00x | ₩-15.87 Billion |
| 2018 | 1.72% | 1.08% | 0.76x | 2.09x | ₩-28.35 Billion |
| 2019 | 2.51% | 1.62% | 0.73x | 2.10x | ₩-26.54 Billion |
| 2020 | 0.66% | 0.47% | 0.64x | 2.20x | ₩-32.95 Billion |
| 2021 | -1.11% | -0.74% | 0.66x | 2.28x | ₩-40.51 Billion |
| 2022 | 0.42% | 0.23% | 0.70x | 2.59x | ₩-35.03 Billion |
| 2023 | 4.06% | 2.08% | 0.77x | 2.54x | ₩-22.53 Billion |
| 2024 | 2.36% | 1.26% | 0.77x | 2.45x | ₩-30.57 Billion |
Industry Comparison
This section compares Drb Holding's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drb Holding (004840) | ₩522.48 Billion | 5.53% | 0.80x | $22.14 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |