Dongwon Ind
Dongwon Industries Co., Ltd. engages in the marine and fisheries, distribution, and logistics businesses in South Korea and internationally. The company operates through General Food, Seasoning Distribution, Feed Sector segments. It operates tuna purse seiners in the Western and Central Pacific Ocean, and the Indian Ocean to catch skipjack and yellowfin tuna fishes; tuna longliners in the Pacific… Read more
Dongwon Ind (006040) - Net Assets
Latest net assets as of September 2025: ₩3.42 Trillion KRW
Based on the latest financial reports, Dongwon Ind (006040) has net assets worth ₩3.42 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩7.56 Trillion) and total liabilities (₩4.14 Trillion). 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 | ₩3.42 Trillion |
| % of Total Assets | 45.26% |
| Annual Growth Rate | 19.24% |
| 5-Year Change | 150.66% |
| 10-Year Change | 357.96% |
| Growth Volatility | 45.18 |
Dongwon Ind - Net Assets Trend (2007–2024)
This chart illustrates how Dongwon Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dongwon Ind (2007–2024)
The table below shows the annual net assets of Dongwon Ind from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩3.25 Trillion | +3.53% |
| 2023-12-31 | ₩3.14 Trillion | +7.81% |
| 2022-12-31 | ₩2.91 Trillion | +95.61% |
| 2021-12-31 | ₩1.49 Trillion | +14.80% |
| 2020-12-31 | ₩1.30 Trillion | +20.09% |
| 2019-12-31 | ₩1.08 Trillion | +10.77% |
| 2018-12-31 | ₩973.61 Billion | +7.73% |
| 2017-12-31 | ₩903.74 Billion | +14.24% |
| 2016-12-31 | ₩791.11 Billion | +11.60% |
| 2015-12-31 | ₩708.89 Billion | +2.82% |
| 2014-12-31 | ₩689.47 Billion | +9.16% |
| 2013-12-31 | ₩631.63 Billion | +8.59% |
| 2012-12-31 | ₩581.69 Billion | +17.08% |
| 2011-12-31 | ₩496.82 Billion | -9.33% |
| 2010-12-31 | ₩547.93 Billion | +20.54% |
| 2009-12-31 | ₩454.55 Billion | +179.05% |
| 2007-12-31 | ₩162.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dongwon Ind'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 213830024658000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩2.14 Trillion | 76.47% |
| Other Components | ₩657.84 Billion | 23.53% |
| Total Equity | ₩2.80 Trillion | 100.00% |
Dongwon Ind Competitors by Market Cap
The table below lists competitors of Dongwon Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COFCO Engineering & Technology Co Ltd
SHE:301058
|
$371.40 Million |
|
Zorlu Enerji Elektrik Uretim AS
IS:ZOREN
|
$371.55 Million |
|
QingCloud Technologies Corp.
SHG:688316
|
$371.60 Million |
|
Quality Houses Public Company Limited
BK:QH-R
|
$371.63 Million |
|
Hapvida Participações e Investimentos S.A.
SA:HAPV3
|
$371.32 Million |
|
Beihai Gofar Marine Biological Industry Co Ltd
SHG:600538
|
$371.16 Million |
|
MITSUBISHI KAKOKI
F:893
|
$371.13 Million |
|
SEC Electric Mach Co Ltd
SHG:603988
|
$371.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongwon Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,696,817,031,370 to 2,796,141,886,560, a change of 99,324,855,190 (3.7%).
- Net income of 75,281,008,550 contributed positively to equity growth.
- Dividend payments of 47,116,452,590 reduced retained earnings.
- Other factors increased equity by 71,160,299,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩75.28 Billion | +2.69% |
| Dividends Paid | ₩47.12 Billion | -1.69% |
| Other Changes | ₩71.16 Billion | +2.54% |
| Total Change | ₩- | 3.68% |
Book Value vs Market Value Analysis
This analysis compares Dongwon Ind'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: 0.57x
- 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 increased from 0.15x to 0.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩269402.21 | ₩40100.00 | x |
| 2018-12-31 | ₩289908.91 | ₩40100.00 | x |
| 2019-12-31 | ₩282743.70 | ₩40100.00 | x |
| 2020-12-31 | ₩366688.57 | ₩40100.00 | x |
| 2021-12-31 | ₩421285.69 | ₩40100.00 | x |
| 2022-12-31 | ₩51810.58 | ₩40100.00 | x |
| 2023-12-31 | ₩74866.05 | ₩40100.00 | x |
| 2024-12-31 | ₩70566.73 | ₩40100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongwon Ind 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): 2.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.84%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.56x
- Recent ROE (2.69%) is below the historical average (12.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 26.70% | 9.70% | 1.10x | 2.51x | ₩27.20 Billion |
| 2009 | 23.35% | 5.25% | 1.29x | 3.45x | ₩42.95 Billion |
| 2010 | 23.72% | 7.40% | 1.05x | 3.06x | ₩55.47 Billion |
| 2011 | 14.50% | 5.15% | 1.02x | 2.77x | ₩21.22 Billion |
| 2012 | 18.45% | 6.64% | 1.12x | 2.48x | ₩46.97 Billion |
| 2013 | 12.16% | 5.31% | 1.13x | 2.03x | ₩13.61 Billion |
| 2014 | 8.79% | 4.38% | 0.94x | 2.12x | ₩-8.38 Billion |
| 2015 | 1.63% | 0.85% | 0.84x | 2.27x | ₩-59.68 Billion |
| 2016 | 9.46% | 4.76% | 0.83x | 2.40x | ₩-4.25 Billion |
| 2017 | 18.41% | 7.01% | 0.93x | 2.83x | ₩76.24 Billion |
| 2018 | 7.09% | 2.83% | 0.94x | 2.66x | ₩-28.39 Billion |
| 2019 | 4.31% | 1.67% | 0.90x | 2.87x | ₩-59.16 Billion |
| 2020 | 19.24% | 8.42% | 0.92x | 2.48x | ₩115.55 Billion |
| 2021 | 11.77% | 6.04% | 0.92x | 2.12x | ₩25.50 Billion |
| 2022 | 7.40% | 2.07% | 1.28x | 2.80x | ₩-65.58 Billion |
| 2023 | 8.34% | 2.51% | 1.16x | 2.86x | ₩-44.72 Billion |
| 2024 | 2.69% | 0.84% | 1.25x | 2.56x | ₩-204.33 Billion |
Industry Comparison
This section compares Dongwon Ind's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $426,740,162,482
- Average return on equity (ROE) among peers: 4.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongwon Ind (006040) | ₩3.42 Trillion | 26.70% | 1.21x | $371.32 Million |
| Dongsuh (026960) | $1.55 Trillion | 10.86% | 0.05x | $533.53 Million |
| Dong Won Fish (030720) | $33.60 Billion | -1.12% | 1.79x | $14.06 Million |
| CJ Freshway Corporation (051500) | $190.20 Billion | -2.46% | 3.47x | $132.66 Million |
| Next Bt Co. Ltd (065170) | $59.92 Billion | 2.17% | 0.73x | $62.97 Million |
| Hyundai C&F Inc (227840) | $304.44 Billion | 14.01% | 0.24x | $16.36 Million |