Dong Yang Pipe
Kbi Dong Yang Steel Pipe Co.,Ltd manufactures and sells steel pipes in South Korea, the United States, rest of Asia, Europe, the Middle East, and internationally. It offers structural steel pipes for general structural purposes; steel pipes for oil and gas transportation; square and coated steel pipes; and steel pipe piles, as well as heat treatment facility. The company was formerly known as Don… Read more
Dong Yang Pipe (008970) - Net Assets
Latest net assets as of September 2025: ₩109.62 Billion KRW
Based on the latest financial reports, Dong Yang Pipe (008970) has net assets worth ₩109.62 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 (₩192.95 Billion) and total liabilities (₩83.32 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 | ₩109.62 Billion |
| % of Total Assets | 56.82% |
| Annual Growth Rate | 3.78% |
| 5-Year Change | 23.48% |
| 10-Year Change | 22.2% |
| Growth Volatility | 21.09 |
Dong Yang Pipe - Net Assets Trend (2001–2024)
This chart illustrates how Dong Yang Pipe's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dong Yang Pipe (2001–2024)
The table below shows the annual net assets of Dong Yang Pipe from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩108.05 Billion | +24.06% |
| 2023-12-31 | ₩87.09 Billion | -1.64% |
| 2022-12-31 | ₩88.55 Billion | +5.23% |
| 2021-12-31 | ₩84.15 Billion | -3.84% |
| 2020-12-31 | ₩87.50 Billion | +9.62% |
| 2019-12-31 | ₩79.83 Billion | +0.97% |
| 2018-12-31 | ₩79.06 Billion | +49.25% |
| 2017-12-31 | ₩52.97 Billion | -34.23% |
| 2016-12-31 | ₩80.54 Billion | -8.92% |
| 2015-12-31 | ₩88.42 Billion | +2.20% |
| 2014-12-31 | ₩86.52 Billion | -13.03% |
| 2013-12-31 | ₩99.48 Billion | -8.04% |
| 2012-12-31 | ₩108.17 Billion | +2.03% |
| 2011-12-31 | ₩106.03 Billion | +15.36% |
| 2010-12-31 | ₩91.91 Billion | +9.42% |
| 2009-12-31 | ₩84.00 Billion | +16.68% |
| 2008-12-31 | ₩71.99 Billion | +56.52% |
| 2001-12-31 | ₩45.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dong Yang Pipe'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 decreased by 4593724246000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩153.99 Billion | 142.51% |
| Total Equity | ₩108.05 Billion | 100.00% |
Dong Yang Pipe Competitors by Market Cap
The table below lists competitors of Dong Yang Pipe ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SALTX TECHNOLOGY HLDG B
F:7X9
|
$70.19 Million |
|
111 Inc
NASDAQ:YI
|
$70.21 Million |
|
Epileds Technologies Inc
TW:4956
|
$70.22 Million |
|
Anadolu Isuzu Otomotiv Sanayi ve Ticaret AS
IS:ASUZU
|
$70.25 Million |
|
NetraMark Holdings Inc.
PINK:AINMF
|
$70.13 Million |
|
Marisa Lojas S.A
SA:AMAR3
|
$70.12 Million |
|
NORDIC WATERPROOFING HLDG
F:9ZQ
|
$70.10 Million |
|
Fullerton Technology Co Ltd
TW:6136
|
$70.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dong Yang Pipe's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,094,838,820 to 108,051,401,810, a change of 20,956,562,990 (24.1%).
- Net loss of 19,644,237,280 reduced equity.
- Other factors increased equity by 40,600,800,270.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-19.64 Billion | -18.18% |
| Other Changes | ₩40.60 Billion | +37.58% |
| Total Change | ₩- | 24.06% |
Book Value vs Market Value Analysis
This analysis compares Dong Yang Pipe'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: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.22x to 1.43x 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 | ₩546.18 | ₩1760.00 | x |
| 2018-12-31 | ₩665.11 | ₩1760.00 | x |
| 2019-12-31 | ₩671.55 | ₩1760.00 | x |
| 2020-12-31 | ₩736.13 | ₩1760.00 | x |
| 2021-12-31 | ₩707.89 | ₩1760.00 | x |
| 2022-12-31 | ₩1330.94 | ₩1760.00 | x |
| 2023-12-31 | ₩732.69 | ₩1760.00 | x |
| 2024-12-31 | ₩1229.37 | ₩1760.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dong Yang Pipe 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): -18.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.85%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.78x
- Recent ROE (-18.18%) is below the historical average (3.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 159.04% | 217.00% | 0.53x | 1.37x | ₩68.01 Billion |
| 2008 | 10.86% | 5.69% | 1.07x | 1.79x | ₩620.97 Million |
| 2009 | 2.36% | 1.33% | 1.06x | 1.67x | ₩-6.41 Billion |
| 2010 | 3.06% | 1.32% | 1.39x | 1.66x | ₩-6.38 Billion |
| 2011 | 2.46% | 1.15% | 1.13x | 1.89x | ₩-8.00 Billion |
| 2012 | 2.39% | 1.01% | 1.21x | 1.96x | ₩-8.23 Billion |
| 2013 | -8.81% | -3.93% | 1.03x | 2.18x | ₩-18.71 Billion |
| 2014 | -14.32% | -6.20% | 1.08x | 2.15x | ₩-21.04 Billion |
| 2015 | 2.62% | 1.35% | 0.97x | 2.01x | ₩-6.52 Billion |
| 2016 | -18.19% | -11.33% | 0.81x | 1.98x | ₩-22.71 Billion |
| 2017 | -57.78% | -20.80% | 0.98x | 2.84x | ₩-35.91 Billion |
| 2018 | -8.32% | -4.06% | 0.99x | 2.07x | ₩-14.48 Billion |
| 2019 | 2.23% | 1.09% | 1.00x | 2.06x | ₩-6.20 Billion |
| 2020 | 8.04% | 4.05% | 1.13x | 1.75x | ₩-1.71 Billion |
| 2021 | -4.48% | -2.07% | 0.98x | 2.21x | ₩-12.19 Billion |
| 2022 | 4.48% | 1.49% | 1.45x | 2.07x | ₩-4.88 Billion |
| 2023 | -1.79% | -0.56% | 1.33x | 2.40x | ₩-10.27 Billion |
| 2024 | -18.18% | -7.85% | 1.30x | 1.78x | ₩-30.45 Billion |
Industry Comparison
This section compares Dong Yang Pipe's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $961,724,627,619
- Average return on equity (ROE) among peers: 4.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dong Yang Pipe (008970) | ₩109.62 Billion | 159.04% | 0.76x | $70.14 Million |
| Korea Cast Pip (000970) | $208.70 Billion | 2.82% | 0.40x | $54.93 Million |
| Manho Rope&Wir (001080) | $249.99 Billion | 1.17% | 0.10x | $6.38 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $2.03 Trillion | -14.66% | 1.82x | $74.34 Million |
| SeAH Bestee (001430) | $2.04 Trillion | 6.29% | 0.80x | $634.28 Million |
| Hanil Iron & S (002220) | $132.60 Billion | 0.00% | 0.47x | $27.57 Million |
| Kis Wire (002240) | $452.09 Billion | 8.63% | 0.53x | $130.32 Million |
| Dong Il Steel MFG Co Ltd (002690) | $129.80 Billion | 0.23% | 0.14x | $7.05 Million |
| Tcc Steel (002710) | $141.62 Billion | 5.11% | 1.26x | $167.65 Million |
| Seah Steel Corp (003030) | $601.59 Billion | 19.65% | 1.47x | $168.76 Million |
| Hyundai Steel (004020) | $3.63 Trillion | 12.98% | 1.05x | $2.03 Billion |