Daidong Elec
Daidong Electronics Co. Ltd., together with its subsidiaries, engages in mold design and manufacturing, and technical development activities in Korea and internationally. The company designs, manufactures, fits, and assembles molds. It manufactures various injection molding products, such as small ultra-precision engineering plastic injections, big and small parts of various electronic products, … Read more
Daidong Elec (008110) - Net Assets
Latest net assets as of December 2024: ₩263.09 Billion KRW
Based on the latest financial reports, Daidong Elec (008110) has net assets worth ₩263.09 Billion KRW as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩288.63 Billion) and total liabilities (₩25.54 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 | ₩263.09 Billion |
| % of Total Assets | 91.15% |
| Annual Growth Rate | 7.08% |
| 5-Year Change | 67.35% |
| 10-Year Change | 87.04% |
| Growth Volatility | 12.16 |
Daidong Elec - Net Assets Trend (2000–2024)
This chart illustrates how Daidong Elec's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daidong Elec (2000–2024)
The table below shows the annual net assets of Daidong Elec from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₩246.16 Billion | +9.41% |
| 2023-03-31 | ₩224.99 Billion | +27.83% |
| 2022-03-31 | ₩176.01 Billion | +7.33% |
| 2021-03-31 | ₩164.00 Billion | +11.49% |
| 2020-03-31 | ₩147.09 Billion | +6.66% |
| 2019-03-31 | ₩137.90 Billion | +6.49% |
| 2018-03-31 | ₩129.50 Billion | +0.55% |
| 2017-03-31 | ₩128.79 Billion | -0.05% |
| 2016-03-31 | ₩128.85 Billion | -2.10% |
| 2015-03-31 | ₩131.61 Billion | +19.22% |
| 2014-03-31 | ₩110.39 Billion | -5.22% |
| 2013-03-31 | ₩116.48 Billion | +6.27% |
| 2012-03-31 | ₩109.60 Billion | -0.65% |
| 2011-03-31 | ₩110.32 Billion | +0.83% |
| 2010-03-31 | ₩109.41 Billion | -4.18% |
| 2009-03-31 | ₩114.18 Billion | +23.13% |
| 2008-03-31 | ₩92.73 Billion | +12.00% |
| 2007-03-31 | ₩82.80 Billion | +1.24% |
| 2006-03-31 | ₩81.78 Billion | +0.72% |
| 2005-03-31 | ₩81.20 Billion | -6.07% |
| 2004-03-31 | ₩86.45 Billion | -2.44% |
| 2003-03-31 | ₩88.61 Billion | +5.26% |
| 2002-03-31 | ₩84.18 Billion | +19.90% |
| 2001-03-31 | ₩70.21 Billion | +47.26% |
| 2000-03-31 | ₩47.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daidong Elec'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 382.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩165.10 Billion | 68.29% |
| Other Components | ₩76.65 Billion | 31.71% |
| Total Equity | ₩241.74 Billion | 100.00% |
Daidong Elec Competitors by Market Cap
The table below lists competitors of Daidong Elec ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Balta Group
LSE:0RQK
|
$11.34 Million |
|
FINEDIGITAL Inc
KQ:038950
|
$11.34 Million |
|
Ree Automotive Holding Inc
NASDAQ:REE
|
$11.34 Million |
|
TAG Oil Ltd.
OTCQX:TAOIF
|
$11.35 Million |
|
KINGZA International CO.,Ltd.
TWO:2751
|
$11.34 Million |
|
Woori SPAC 3
KQ:198440
|
$11.33 Million |
|
Grand Prix International Public Company Limited
BK:GPI
|
$11.33 Million |
|
DatChat Inc
NASDAQ:DATS
|
$11.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daidong Elec's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 215,650,259,180 to 241,743,619,340, a change of 26,093,360,160 (12.1%).
- Net income of 26,756,802,740 contributed positively to equity growth.
- Dividend payments of 2,518,879,470 reduced retained earnings.
- Share repurchases of 6,015,222,260 reduced equity.
- Other factors increased equity by 7,870,659,150.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩26.76 Billion | +11.07% |
| Dividends Paid | ₩2.52 Billion | -1.04% |
| Share Repurchases | ₩6.02 Billion | -2.49% |
| Other Changes | ₩7.87 Billion | +3.26% |
| Total Change | ₩- | 12.10% |
Book Value vs Market Value Analysis
This analysis compares Daidong Elec'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: 0.46x
- 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 2.05x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₩7343.23 | ₩15040.00 | x |
| 2008-03-31 | ₩7966.39 | ₩15040.00 | x |
| 2009-03-31 | ₩9963.31 | ₩15040.00 | x |
| 2010-03-31 | ₩9623.92 | ₩15040.00 | x |
| 2011-03-31 | ₩9736.82 | ₩15040.00 | x |
| 2012-03-31 | ₩9789.85 | ₩15040.00 | x |
| 2013-03-31 | ₩10919.40 | ₩15040.00 | x |
| 2014-03-31 | ₩11683.72 | ₩15040.00 | x |
| 2015-03-31 | ₩14591.59 | ₩15040.00 | x |
| 2016-03-31 | ₩14231.67 | ₩15040.00 | x |
| 2017-03-31 | ₩14169.19 | ₩15040.00 | x |
| 2018-03-31 | ₩14186.67 | ₩15040.00 | x |
| 2019-03-31 | ₩15149.79 | ₩15040.00 | x |
| 2020-03-31 | ₩16194.28 | ₩15040.00 | x |
| 2021-03-31 | ₩18558.51 | ₩15040.00 | x |
| 2022-03-31 | ₩20486.61 | ₩15040.00 | x |
| 2023-03-31 | ₩26393.94 | ₩15040.00 | x |
| 2024-03-31 | ₩32490.47 | ₩15040.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daidong Elec 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): 11.07%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 92.18%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.13x
- Recent ROE (11.07%) is above the historical average (5.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 22.39% | 16.15% | 0.87x | 1.60x | ₩5.70 Billion |
| 2001 | 21.53% | 15.08% | 0.95x | 1.51x | ₩7.39 Billion |
| 2002 | 10.23% | 7.84% | 0.81x | 1.62x | ₩168.02 Million |
| 2003 | 10.55% | 7.32% | 0.84x | 1.71x | ₩422.44 Million |
| 2004 | 7.74% | 6.19% | 0.85x | 1.47x | ₩-1.79 Billion |
| 2006 | 1.00% | 0.92% | 0.75x | 1.44x | ₩-6.74 Billion |
| 2007 | 0.83% | 0.90% | 0.66x | 1.40x | ₩-6.96 Billion |
| 2008 | 3.53% | 3.82% | 0.61x | 1.50x | ₩-5.32 Billion |
| 2009 | 7.73% | 11.32% | 0.44x | 1.54x | ₩-2.33 Billion |
| 2010 | 3.43% | 5.75% | 0.42x | 1.44x | ₩-6.50 Billion |
| 2011 | 1.47% | 2.15% | 0.44x | 1.55x | ₩-8.56 Billion |
| 2012 | -1.55% | -2.97% | 0.36x | 1.44x | ₩-11.65 Billion |
| 2013 | 10.66% | 23.96% | 0.34x | 1.32x | ₩719.79 Million |
| 2014 | 5.40% | 13.82% | 0.29x | 1.33x | ₩-4.82 Billion |
| 2015 | -0.38% | -1.13% | 0.27x | 1.25x | ₩-13.03 Billion |
| 2016 | -1.87% | -6.00% | 0.23x | 1.36x | ₩-14.52 Billion |
| 2017 | 1.47% | 4.31% | 0.26x | 1.32x | ₩-10.39 Billion |
| 2018 | 0.44% | 1.35% | 0.24x | 1.35x | ₩-11.66 Billion |
| 2019 | 2.49% | 6.77% | 0.28x | 1.31x | ₩-9.78 Billion |
| 2020 | 3.16% | 9.77% | 0.25x | 1.29x | ₩-9.51 Billion |
| 2021 | 2.10% | 8.24% | 0.19x | 1.31x | ₩-12.33 Billion |
| 2022 | 4.95% | 19.01% | 0.21x | 1.26x | ₩-8.45 Billion |
| 2023 | 4.25% | 22.20% | 0.16x | 1.16x | ₩-12.40 Billion |
| 2024 | 11.07% | 92.18% | 0.11x | 1.13x | ₩2.58 Billion |
Industry Comparison
This section compares Daidong Elec's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $140,620,781,876
- Average return on equity (ROE) among peers: 1.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daidong Elec (008110) | ₩263.09 Billion | 22.39% | 0.10x | $11.34 Million |
| Hwacheon Mac (000850) | $337.27 Billion | 2.57% | 0.27x | $28.32 Million |
| Booster Co. Ltd (008470) | $78.71 Billion | -1.57% | 0.22x | $7.43 Million |
| Simpac (009160) | $177.87 Billion | 4.27% | 0.64x | $73.77 Million |
| Kyung Dong Navien Co Ltd (009450) | $187.28 Billion | 5.94% | 0.89x | $260.71 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $5.93 Million |
| Woojin I&S Co Ltd (010400) | $59.84 Billion | 17.27% | 0.32x | $6.85 Million |
| Hwacheon Machi (010660) | $124.59 Billion | -4.92% | 0.27x | $43.29 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $87.00 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $45.77 Million |