Daewon Cable Co. Ltd. Preference Shares (006345) - Net Assets
Based on the latest financial reports, Daewon Cable Co. Ltd. Preference Shares (006345) has net assets worth ₩145.58 Billion KRW (≈ $98.66 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩319.91 Billion ≈ $216.80 Million USD) and total liabilities (₩174.33 Billion ≈ $118.14 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 asset resilience ratio of Daewon Cable Co. Ltd. Preference Shares to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩145.58 Billion |
| % of Total Assets | 45.51% |
| Annual Growth Rate | 4.03% |
| 5-Year Change | 33.34% |
| 10-Year Change | 40.21% |
| Growth Volatility | 4.62 |
Daewon Cable Co. Ltd. Preference Shares - Net Assets Trend (2014–2024)
This chart illustrates how Daewon Cable Co. Ltd. Preference Shares's net assets have evolved over time, based on quarterly financial data. Also explore 006345 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Daewon Cable Co. Ltd. Preference Shares (2014–2024)
The table below shows the annual net assets of Daewon Cable Co. Ltd. Preference Shares from 2014 to 2024. For live valuation and market cap data, see market cap of Daewon Cable Co. Ltd. Preference Shares.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩113.85 Billion ≈ $77.15 Million |
+13.48% |
| 2023-12-31 | ₩100.32 Billion ≈ $67.99 Million |
+9.53% |
| 2022-12-31 | ₩91.60 Billion ≈ $62.08 Million |
+4.51% |
| 2021-12-31 | ₩87.64 Billion ≈ $59.40 Million |
+2.65% |
| 2020-12-31 | ₩85.38 Billion ≈ $57.86 Million |
+6.25% |
| 2019-12-31 | ₩80.36 Billion ≈ $54.46 Million |
-1.27% |
| 2018-12-31 | ₩81.39 Billion ≈ $55.16 Million |
+1.32% |
| 2017-12-31 | ₩80.33 Billion ≈ $54.44 Million |
-2.41% |
| 2016-12-31 | ₩82.31 Billion ≈ $55.78 Million |
+1.38% |
| 2015-12-31 | ₩81.19 Billion ≈ $55.02 Million |
+5.86% |
| 2014-12-31 | ₩76.70 Billion ≈ $51.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daewon Cable Co. Ltd. Preference Shares'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 68.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩61.13 Billion | 53.70% |
| Other Components | ₩52.71 Billion | 46.30% |
| Total Equity | ₩113.85 Billion | 100.00% |
Daewon Cable Co. Ltd. Preference Shares Competitors by Market Cap
The table below lists competitors of Daewon Cable Co. Ltd. Preference Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zinzino AB Series B
ST:ZZ-B
|
$458.82 Million |
|
Dalian Thermal Power Co Ltd
SHG:600719
|
$458.84 Million |
|
Liaoning He Eye Hospital Group Co. LTD.
SHE:301103
|
$459.02 Million |
|
China Datang Corporation Renewable Power Co. Limited
STU:DT7
|
$459.07 Million |
|
Linc AB
ST:LINC
|
$458.68 Million |
|
Oron Group Investments & Holdings Ltd
TA:ORON
|
$458.54 Million |
|
Ion Beam Applications SA
BR:IBAB
|
$458.45 Million |
|
Yaxing Chem
SHG:600319
|
$458.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daewon Cable Co. Ltd. Preference Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 100,324,043,900 to 113,845,590,700, a change of 13,521,546,800 (13.5%).
- Net income of 6,794,390,000 contributed positively to equity growth.
- Other factors increased equity by 6,727,156,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.79 Billion | +5.97% |
| Other Changes | ₩6.73 Billion | +5.91% |
| Total Change | ₩- | 13.48% |
Book Value vs Market Value Analysis
This analysis compares Daewon Cable Co. Ltd. Preference Shares'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: 6.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.43x to 6.55x 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 | ₩1179.48 | ₩9940.00 | x |
| 2018-12-31 | ₩1195.05 | ₩9940.00 | x |
| 2019-12-31 | ₩1179.86 | ₩9940.00 | x |
| 2020-12-31 | ₩1202.26 | ₩9940.00 | x |
| 2021-12-31 | ₩1234.14 | ₩9940.00 | x |
| 2022-12-31 | ₩1272.83 | ₩9940.00 | x |
| 2023-12-31 | ₩1394.08 | ₩9940.00 | x |
| 2024-12-31 | ₩1518.36 | ₩9940.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daewon Cable Co. Ltd. Preference Shares 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): 5.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.23%
- • Asset Turnover: 2.44x
- • Equity Multiplier: 1.99x
- Recent ROE (5.97%) is above the historical average (2.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.87% | 0.33% | 1.97x | 2.85x | ₩-6.01 Billion |
| 2015 | 4.58% | 0.80% | 2.07x | 2.77x | ₩-4.20 Billion |
| 2016 | 2.50% | 0.48% | 1.89x | 2.78x | ₩-6.02 Billion |
| 2017 | 0.85% | 0.14% | 2.28x | 2.76x | ₩-7.35 Billion |
| 2018 | 1.52% | 0.29% | 2.24x | 2.35x | ₩-6.90 Billion |
| 2019 | -1.02% | -0.20% | 2.12x | 2.36x | ₩-8.85 Billion |
| 2020 | 2.71% | 0.63% | 1.91x | 2.25x | ₩-6.22 Billion |
| 2021 | 1.49% | 0.27% | 1.97x | 2.74x | ₩-7.46 Billion |
| 2022 | 1.48% | 0.24% | 2.29x | 2.69x | ₩-7.81 Billion |
| 2023 | 9.58% | 1.87% | 2.19x | 2.34x | ₩-419.71 Million |
| 2024 | 5.97% | 1.23% | 2.44x | 1.99x | ₩-4.59 Billion |
Industry Comparison
This section compares Daewon Cable Co. Ltd. Preference Shares's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,482,444,171,896
- Average return on equity (ROE) among peers: -2.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daewon Cable Co. Ltd. Preference Shares (006345) | ₩145.58 Billion | 1.87% | 1.20x | $458.78 Million |
| Kumho Electric (001210) | $34.69 Billion | -52.29% | 3.91x | $38.70 Million |
| Taihan Electric Wire Co Ltd (001440) | $354.25 Billion | -12.61% | 3.38x | $7.09 Billion |
| Posco Chemical Co Ltd (003670) | $514.81 Billion | 14.11% | 0.40x | $15.19 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.21 Trillion | 6.96% | 0.39x | $589.11 Million |
| LS Corp (006260) | $2.79 Trillion | 4.22% | 2.57x | $8.51 Billion |
| Daewon Cable (006340) | $81.19 Billion | 4.37% | 1.64x | $786.10 Million |
| Samsung SDI (006400) | $12.23 Trillion | 5.74% | 0.58x | $36.39 Billion |
| Samsung Sdi Co Pref (006405) | $12.66 Trillion | 2.82% | 0.57x | $345.34 Million |
| LS Electric (010120) | $1.47 Trillion | 5.75% | 0.90x | $5.60 Billion |
About Daewon Cable Co. Ltd. Preference Shares
Daewon Cable. Co., Ltd., together with its subsidiaries, manufactures and sells cables and wires in South Korea and internationally. The company's products include insulated cables, communication cables, aluminum cables, F.E.D. field products, alpha cables, UL certified device cables, and automobile cables, as well as power and control cables, and flame retardant cables. It also offers XLPE cable… Read more