Daiyang Metal

KO:009190 Korea Steel
Market Cap
$36.07 Million
₩52.82 Billion KRW
Market Cap Rank
#25207 Global
#1535 in Korea
Share Price
₩1223.00
Change (1 day)
-2.55%
52-Week Range
₩1105.00 - ₩1920.00
All Time High
₩19300.00
Categories
Companies in Korea Steel
About

Daiyang Metal Co., Ltd., together with its subsidiaries, manufactures and sells steel products worldwide. It offers stainless steel cold-rolled plates for the automotive, shipbuilding, construction, machinery, kitchen furniture, home appliances, IT, electronics, and telecom industries. It is involved in the paper industry, real estate development, and finance. Daiyang Metal Co., Ltd. was founded … Read more

Daiyang Metal (009190) - Net Assets

Latest net assets as of September 2025: ₩94.63 Billion KRW

Based on the latest financial reports, Daiyang Metal (009190) has net assets worth ₩94.63 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 (₩148.30 Billion) and total liabilities (₩53.68 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 ₩94.63 Billion
% of Total Assets 63.81%
Annual Growth Rate 0.22%
5-Year Change 19.29%
10-Year Change 1617.5%
Growth Volatility 57.58

Daiyang Metal - Net Assets Trend (1999–2024)

This chart illustrates how Daiyang Metal's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Daiyang Metal (1999–2024)

The table below shows the annual net assets of Daiyang Metal from 1999 to 2024.

Year Net Assets Change
2024-12-31 ₩90.38 Billion -7.53%
2023-12-31 ₩97.75 Billion -43.98%
2022-12-31 ₩174.50 Billion +75.24%
2021-12-31 ₩99.58 Billion +31.43%
2020-12-31 ₩75.77 Billion +13.54%
2019-12-31 ₩66.73 Billion +110.66%
2018-12-31 ₩31.68 Billion +21.86%
2017-12-31 ₩25.99 Billion +57.30%
2016-12-31 ₩16.52 Billion +214.01%
2014-12-31 ₩5.26 Billion -73.37%
2013-12-31 ₩19.76 Billion +13.58%
2012-12-31 ₩17.40 Billion -42.89%
2011-12-31 ₩30.46 Billion -72.69%
2010-12-31 ₩111.53 Billion +17.65%
2009-12-31 ₩94.80 Billion -2.97%
2008-12-31 ₩97.71 Billion -3.19%
2007-12-31 ₩100.93 Billion +6.57%
2006-12-31 ₩94.71 Billion +4.71%
2005-12-31 ₩90.45 Billion +2.57%
2004-12-31 ₩88.19 Billion +8.57%
2003-12-31 ₩81.22 Billion +9.71%
2002-12-31 ₩74.03 Billion +0.63%
2001-12-31 ₩73.57 Billion -11.98%
2000-12-31 ₩83.58 Billion -2.20%
1999-12-31 ₩85.46 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Daiyang Metal'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 286.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components ₩162.10 Billion 179.34%
Total Equity ₩90.38 Billion 100.00%

Daiyang Metal Competitors by Market Cap

The table below lists competitors of Daiyang Metal ranked by their market capitalization.

Company Market Cap
Butterfly Gandhimathi Appliances Limited
NSE:BUTTERFLY
 		$21.25 Million
Air T Inc
NASDAQ:AIRT
 		$21.25 Million
Shinih Enterprise Co Ltd
TW:9944
 		$21.26 Million
National Plastic Co Ltd Preferred
KO:004255
 		$21.26 Million
SHL Telemedicine Ltd American Depositary Shares
NASDAQ:SHLT
 		$21.24 Million
Cue Biopharma
NASDAQ:CUE
 		$21.24 Million
PT Sinar Eka Selaras Tbk
JK:ERAL
 		$21.23 Million
Beauty Community Public Company Limited
BK:BEAUTY
 		$21.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Daiyang Metal's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 97,745,706,000 to 90,384,510,190, a change of -7,361,195,810 (-7.5%).
  • Net loss of 15,283,580,200 reduced equity.
  • Other factors increased equity by 7,922,384,390.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-15.28 Billion -16.91%
Other Changes ₩7.92 Billion +8.77%
Total Change ₩- -7.53%

Book Value vs Market Value Analysis

This analysis compares Daiyang Metal'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: 0.57x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ₩2111.00 ₩1223.00 x
2018-12-31 ₩2572.47 ₩1223.00 x
2019-12-31 ₩3172.22 ₩1223.00 x
2020-12-31 ₩2563.01 ₩1223.00 x
2021-12-31 ₩3095.98 ₩1223.00 x
2022-12-31 ₩3457.00 ₩1223.00 x
2023-12-31 ₩2593.24 ₩1223.00 x
2024-12-31 ₩2133.96 ₩1223.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Daiyang Metal 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): -16.91%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.09%
  • • Asset Turnover: 1.54x
  • • Equity Multiplier: 1.55x
  • Recent ROE (-16.91%) is above the historical average (-62.08%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 3.36% 2.80% 0.54x 2.20x ₩-5.68 Billion
2000 0.32% 0.31% 0.51x 2.03x ₩-8.09 Billion
2002 1.78% 1.10% 0.72x 2.24x ₩-6.09 Billion
2003 9.41% 4.56% 0.95x 2.17x ₩-482.30 Million
2004 11.91% 6.23% 0.84x 2.27x ₩1.69 Billion
2005 5.54% 2.59% 0.94x 2.29x ₩-4.03 Billion
2006 8.78% 3.86% 0.96x 2.37x ₩-1.16 Billion
2007 6.10% 2.05% 1.08x 2.76x ₩-3.94 Billion
2010 0.79% 0.29% 0.74x 3.67x ₩-8.75 Billion
2011 -211.08% -43.95% 0.69x 7.01x ₩-67.35 Billion
2012 -410.27% -67.89% 1.00x 6.06x ₩-73.11 Billion
2013 -50.65% -8.81% 1.12x 5.14x ₩-11.98 Billion
2014 -799.85% -14.79% 1.17x 46.37x ₩-18.32 Billion
2016 28.04% 3.17% 1.46x 6.06x ₩2.98 Billion
2017 37.99% 5.71% 1.80x 3.69x ₩7.28 Billion
2018 17.57% 3.37% 1.79x 2.91x ₩2.40 Billion
2019 5.20% 2.29% 1.67x 1.36x ₩-3.20 Billion
2020 -0.86% -0.46% 1.21x 1.53x ₩-8.23 Billion
2021 15.31% 7.49% 1.29x 1.58x ₩5.29 Billion
2022 7.81% 3.43% 0.64x 3.58x ₩-2.45 Billion
2023 -36.08% -17.55% 1.33x 1.55x ₩-45.04 Billion
2024 -16.91% -7.09% 1.54x 1.55x ₩-24.32 Billion

Industry Comparison

This section compares Daiyang Metal'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
Daiyang Metal (009190) ₩94.63 Billion 3.36% 0.57x $21.25 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