Mirae Asset Daewoo Co Ltd
Mirae Asset Securities Co., Ltd. operates as a financial investment company in South Korea and internationally. The company operates through Wealth Management, Investment Banking, Sales and Trading, and Principal Investment and Others segments. The company engages in corporate finance businesses, such as debt capital market (DCM), equity capital market (ECM), initial public offering (IPO), acquis… Read more
Mirae Asset Daewoo Co Ltd (006805) - Net Assets
Latest net assets as of September 2025: ₩12.90 Trillion KRW
Based on the latest financial reports, Mirae Asset Daewoo Co Ltd (006805) has net assets worth ₩12.90 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 (₩144.73 Trillion) and total liabilities (₩131.83 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 | ₩12.90 Trillion |
| % of Total Assets | 8.91% |
| Annual Growth Rate | 10.94% |
| 5-Year Change | 31.21% |
| 10-Year Change | 255.26% |
| Growth Volatility | 26.61 |
Mirae Asset Daewoo Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Mirae Asset Daewoo Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mirae Asset Daewoo Co Ltd (2013–2024)
The table below shows the annual net assets of Mirae Asset Daewoo Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩12.26 Trillion | +8.83% |
| 2023-12-31 | ₩11.27 Trillion | +8.77% |
| 2022-12-31 | ₩10.36 Trillion | -2.35% |
| 2021-12-31 | ₩10.61 Trillion | +13.52% |
| 2020-12-31 | ₩9.35 Trillion | +1.66% |
| 2019-12-31 | ₩9.19 Trillion | +10.07% |
| 2018-12-31 | ₩8.35 Trillion | +13.11% |
| 2017-12-31 | ₩7.38 Trillion | +10.78% |
| 2016-12-31 | ₩6.67 Trillion | +93.10% |
| 2015-12-31 | ₩3.45 Trillion | -17.30% |
| 2014-12-31 | ₩4.17 Trillion | +6.64% |
| 2013-12-31 | ₩3.91 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mirae Asset Daewoo Co Ltd'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 233.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.47 Trillion | 45.22% |
| Other Components | ₩6.63 Trillion | 54.78% |
| Total Equity | ₩12.10 Trillion | 100.00% |
Mirae Asset Daewoo Co Ltd Competitors by Market Cap
The table below lists competitors of Mirae Asset Daewoo Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Casella Waste Systems Inc
NASDAQ:CWST
|
$4.85 Billion |
|
Avnet Inc
NASDAQ:AVT
|
$4.85 Billion |
|
Indutrade AB
ST:INDT
|
$4.85 Billion |
|
Capital Power Corporation
PINK:CPXWF
|
$4.85 Billion |
|
Guanghui Energy Co Ltd
SHG:600256
|
$4.85 Billion |
|
Trelleborg AB ser. B
LSE:0NL3
|
$4.84 Billion |
|
China XD Electric Co Ltd
SHG:601179
|
$4.84 Billion |
|
Allfunds Group Ltd
AS:ALLFG
|
$4.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mirae Asset Daewoo Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,110,592,556,500 to 12,100,353,245,100, a change of 989,760,688,600 (8.9%).
- Net income of 921,608,927,880 contributed positively to equity growth.
- Dividend payments of 89,880,754,810 reduced retained earnings.
- Share repurchases of 172,218,801,420 reduced equity.
- New share issuances of 620,880,000 increased equity.
- Other factors increased equity by 329,630,436,950.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩921.61 Billion | +7.62% |
| Dividends Paid | ₩89.88 Billion | -0.74% |
| Share Repurchases | ₩172.22 Billion | -1.42% |
| Share Issuances | ₩620.88 Million | +0.01% |
| Other Changes | ₩329.63 Billion | +2.72% |
| Total Change | ₩- | 8.91% |
Book Value vs Market Value Analysis
This analysis compares Mirae Asset Daewoo Co Ltd'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: 0.76x
- 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 1.59x to 0.76x 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 | ₩13232.88 | ₩21000.00 | x |
| 2018-12-31 | ₩15150.40 | ₩21000.00 | x |
| 2019-12-31 | ₩16608.25 | ₩21000.00 | x |
| 2020-12-31 | ₩18545.89 | ₩21000.00 | x |
| 2021-12-31 | ₩16780.86 | ₩21000.00 | x |
| 2022-12-31 | ₩16620.93 | ₩21000.00 | x |
| 2023-12-31 | ₩24191.30 | ₩21000.00 | x |
| 2024-12-31 | ₩27545.84 | ₩21000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mirae Asset Daewoo Co Ltd 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): 7.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.36%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 11.34x
- Recent ROE (7.62%) is above the historical average (5.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1.00% | -1.46% | 0.10x | 6.65x | ₩-429.70 Billion |
| 2014 | 5.01% | 5.95% | 0.11x | 7.47x | ₩-204.48 Billion |
| 2015 | 4.95% | 4.43% | 0.13x | 8.29x | ₩-173.12 Billion |
| 2016 | 0.59% | 4.70% | 0.01x | 8.63x | ₩-624.59 Billion |
| 2017 | 6.84% | 28.15% | 0.02x | 12.32x | ₩-232.49 Billion |
| 2018 | 5.49% | 26.60% | 0.01x | 14.20x | ₩-374.79 Billion |
| 2019 | 7.22% | 31.55% | 0.02x | 14.59x | ₩-253.78 Billion |
| 2020 | 8.87% | 31.71% | 0.02x | 14.13x | ₩-105.05 Billion |
| 2021 | 10.97% | 35.18% | 0.03x | 10.34x | ₩102.04 Billion |
| 2022 | 6.25% | 26.09% | 0.02x | 10.37x | ₩-384.40 Billion |
| 2023 | 2.90% | 14.77% | 0.02x | 11.54x | ₩-788.64 Billion |
| 2024 | 7.62% | 29.36% | 0.02x | 11.34x | ₩-288.43 Billion |
Industry Comparison
This section compares Mirae Asset Daewoo Co Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $643,654,523,438
- Average return on equity (ROE) among peers: 4.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mirae Asset Daewoo Co Ltd (006805) | ₩12.90 Trillion | -1.00% | 10.22x | $4.85 Billion |
| Eugene Inv&Sec (001200) | $647.53 Billion | 0.00% | 3.34x | $204.40 Million |
| Bookook Sec (001270) | $659.01 Billion | 11.74% | 1.50x | $167.58 Million |
| Bookook Securities Co Ltd (001275) | $694.86 Billion | 6.09% | 1.13x | $85.04 Million |
| Sangsangin Investment & Securities Co Ltd (001290) | $107.99 Billion | 5.87% | 0.55x | $29.34 Million |
| Shinyoung Securities Co. Ltd. (001720) | $1.54 Trillion | 6.28% | 5.64x | $417.01 Million |
| Hanyang Sec (001750) | $459.39 Billion | 5.23% | 2.27x | $114.52 Million |
| Hanyang Securities Co Ltd (001755) | $432.34 Billion | 18.38% | 2.78x | $114.52 Million |
| Yuhwa Sec (003460) | $469.38 Billion | 2.24% | 0.30x | $51.37 Million |
| Yuhwa Securities Co Ltd (003465) | $511.23 Billion | 3.48% | 0.51x | $50.09 Million |
| Yuanta Sec Kor (003470) | $919.59 Billion | -18.47% | 6.77x | $297.32 Million |