Dong Yang Pipe (008970) - Net Assets

Latest as of September 2025: ₩109.62 Billion KRW ≈ $74.29 Million USD

Based on the latest financial reports, Dong Yang Pipe (008970) has net assets worth ₩109.62 Billion KRW (≈ $74.29 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 (₩192.95 Billion ≈ $130.76 Million USD) and total liabilities (₩83.32 Billion ≈ $56.47 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 008970 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Dong Yang Pipe for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Dong Yang Pipe.

Year	Net Assets	Change
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 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
Companhia Estadual de Distribuição de Energia Elétrica SA:CEED3	$130.80 Million
Chime Ball Technology Co Ltd TWO:1595	$130.80 Million
Shanghai Jinjiang International Travel Co Ltd SHG:900929	$130.83 Million
Tharimmune Inc. NASDAQ:THAR	$130.84 Million
China Aluminum International Engineering Corporation Limited F:4AI	$130.77 Million
Mitrajaya Holdings Bhd KLSE:9571	$130.76 Million
Paseco Co. Ltd KQ:037070	$130.75 Million
Horizon Copper Corp. V:HCU	$130.74 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: 1.51x
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 3.41x to 1.51x 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	₩1860.00	x
2018-12-31	₩665.11	₩1860.00	x
2019-12-31	₩671.55	₩1860.00	x
2020-12-31	₩736.13	₩1860.00	x
2021-12-31	₩707.89	₩1860.00	x
2022-12-31	₩1330.94	₩1860.00	x
2023-12-31	₩732.69	₩1860.00	x
2024-12-31	₩1229.37	₩1860.00	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: $750,385,735,856
Average return on equity (ROE) among peers: 4.83%

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	$130.78 Million
Korea Cast Pip (000970)	$255.10 Billion	9.57%	0.31x	$106.42 Million
Manho Rope&Wir (001080)	$224.45 Billion	3.15%	0.21x	$11.89 Million
Dongkuk Steel Mill Co Ltd (001230)	$1.78 Trillion	12.66%	0.36x	$240.28 Million
SeAH Bestee (001430)	$1.71 Trillion	-14.35%	0.91x	$1.74 Billion
Kisco Holdings (001940)	$1.33 Trillion	3.35%	0.17x	$227.66 Million
Hanil Iron & S (002220)	$176.80 Billion	1.03%	1.14x	$94.73 Million
Kis Wire (002240)	$1.49 Trillion	20.06%	0.70x	$464.48 Million
Dong Il Steel MFG Co Ltd (002690)	$131.30 Billion	1.04%	0.14x	$22.05 Million
Tcc Steel (002710)	$125.53 Billion	6.95%	1.25x	$354.94 Million
Seah Steel Corp (003030)	$283.60 Billion	4.84%	1.01x	$627.04 Million

About Dong Yang Pipe

KO:008970 Korea Steel

Market Cap

$130.78 Million

₩192.97 Billion KRW

Market Cap Rank

#18155 Global

#904 in Korea

Share Price

₩1860.00

Change (1 day)

-1.33%

52-Week Range

₩1266.00 - ₩3215.00

All Time High

₩3750.25