Dong Yang Pipe (008970) - Net Assets

Latest as of December 2025: ₩141.37 Billion KRW ≈ $95.81 Million USD

Based on the latest financial reports, Dong Yang Pipe (008970) has net assets worth ₩141.37 Billion KRW (≈ $95.81 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩239.46 Billion ≈ $162.28 Million USD) and total liabilities (₩98.08 Billion ≈ $66.47 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 tangible net worth ratio of Dong Yang Pipe to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩141.37 Billion
% of Total Assets	59.04%
Annual Growth Rate	4.79%
5-Year Change	68.01%
10-Year Change	75.54%
Growth Volatility	21.21

Dong Yang Pipe - Net Assets Trend (2001–2025)

This chart illustrates how Dong Yang Pipe's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Dong Yang Pipe to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Dong Yang Pipe (2001–2025)

The table below shows the annual net assets of Dong Yang Pipe from 2001 to 2025. For live valuation and market cap data, see market value of Dong Yang Pipe.

Year	Net Assets	Change
2025-12-31	₩141.37 Billion ≈ $95.81 Million	+30.84%
2024-12-31	₩108.05 Billion ≈ $73.22 Million	+24.06%
2023-12-31	₩87.09 Billion ≈ $59.02 Million	-1.64%
2022-12-31	₩88.55 Billion ≈ $60.01 Million	+5.23%
2021-12-31	₩84.15 Billion ≈ $57.03 Million	-3.84%
2020-12-31	₩87.50 Billion ≈ $59.30 Million	+9.62%
2019-12-31	₩79.83 Billion ≈ $54.10 Million	+0.97%
2018-12-31	₩79.06 Billion ≈ $53.58 Million	+49.25%
2017-12-31	₩52.97 Billion ≈ $35.90 Million	-34.23%
2016-12-31	₩80.54 Billion ≈ $54.58 Million	-8.92%
2015-12-31	₩88.42 Billion ≈ $59.92 Million	+2.20%
2014-12-31	₩86.52 Billion ≈ $58.63 Million	-13.03%
2013-12-31	₩99.48 Billion ≈ $67.41 Million	-8.04%
2012-12-31	₩108.17 Billion ≈ $73.31 Million	+2.03%
2011-12-31	₩106.03 Billion ≈ $71.85 Million	+15.36%
2010-12-31	₩91.91 Billion ≈ $62.29 Million	+9.42%
2009-12-31	₩84.00 Billion ≈ $56.92 Million	+16.68%
2008-12-31	₩71.99 Billion ≈ $48.79 Million	+56.52%
2001-12-31	₩45.99 Billion ≈ $31.17 Million	--

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 5034587348000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	₩191.72 Billion	135.61%
Total Equity	₩141.37 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
Arrow Greentech Limited NSE:ARROWGREEN	$97.33 Million
Kutahya Seker Fabrikasi AS IS:KTSKR	$97.41 Million
Bien Sparebank ASA OL:BIEN	$97.43 Million
Right Way Industrial Co Ltd TW:1506	$97.48 Million
TVS Electronics Limited NSE:TVSELECT	$97.29 Million
Dmg Blockchain Solutions Inc V:DMGI	$97.29 Million
Bixolon Co. Ltd KQ:093190	$97.27 Million
OCK Group Bhd KLSE:0172	$97.26 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 2024 to 2025, total equity changed from 108,051,401,810 to 141,373,869,540, a change of 33,322,467,730 (30.8%).
Net loss of 3,098,551,350 reduced equity.
Share repurchases of 34,135,890 reduced equity.
New share issuances of 34,647,220,610 increased equity.
Other factors increased equity by 1,807,934,360.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-3.10 Billion	-2.19%
Share Repurchases	₩34.14 Million	-0.02%
Share Issuances	₩34.65 Billion	+24.51%
Other Changes	₩1.81 Billion	+1.28%
Total Change	₩-	30.84%

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: 1.02x
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 2.53x to 1.02x 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	₩1384.00	x
2018-12-31	₩665.11	₩1384.00	x
2019-12-31	₩671.55	₩1384.00	x
2020-12-31	₩736.13	₩1384.00	x
2021-12-31	₩707.89	₩1384.00	x
2022-12-31	₩1330.94	₩1384.00	x
2023-12-31	₩732.69	₩1384.00	x
2024-12-31	₩1229.37	₩1384.00	x
2025-12-31	₩1362.65	₩1384.00	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): -2.19%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.32%
• Asset Turnover: 0.98x
• Equity Multiplier: 1.69x
Recent ROE (-2.19%) is below the historical average (3.34%), 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
2025	-2.19%	-1.32%	0.98x	1.69x	₩-17.24 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: $1,005,675,191,590
Average return on equity (ROE) among peers: 6.19%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dong Yang Pipe (008970)	₩141.37 Billion	159.04%	0.69x	$97.31 Million
Korea Cast Pip (000970)	$218.45 Billion	3.17%	0.53x	$97.82 Million
Manho Rope&Wir (001080)	$206.30 Billion	4.72%	0.24x	$9.51 Million
Dongkuk Steel Mill Co Ltd (001230)	$3.15 Trillion	0.24%	2.23x	$40.40 Million
SeAH Bestee (001430)	$1.92 Trillion	7.87%	0.88x	$995.22 Million
Kisco Holdings (001940)	$721.58 Billion	9.54%	0.34x	$204.33 Million
Hanil Iron & S (002220)	$137.48 Billion	2.80%	0.39x	$84.01 Million
Kis Wire (002240)	$1.48 Trillion	2.70%	0.65x	$343.06 Million
Dong Il Steel MFG Co Ltd (002690)	$110.38 Billion	5.72%	0.25x	$17.13 Million
Tcc Steel (002710)	$135.12 Billion	11.04%	1.24x	$218.51 Million
Seah Steel Corp (003030)	$1.98 Trillion	14.05%	0.80x	$348.02 Million

About Dong Yang Pipe

KO:008970 Korea Steel

Market Cap

$97.31 Million

₩143.59 Billion KRW

Market Cap Rank

#19342 Global

#943 in Korea

Share Price

₩1384.00

Change (1 day)

-3.82%

52-Week Range

₩1266.00 - ₩3215.00

All Time High

₩3750.25