Daiyang Metal (009190) - Net Assets

Latest as of September 2025: ₩94.63 Billion KRW ≈ $64.13 Million USD

Based on the latest financial reports, Daiyang Metal (009190) has net assets worth ₩94.63 Billion KRW (≈ $64.13 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 (₩148.30 Billion ≈ $100.50 Million USD) and total liabilities (₩53.68 Billion ≈ $36.38 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 how resilient are Daiyang Metal's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Daiyang Metal for the complete picture of this company's asset base.

Annual Net Assets for Daiyang Metal (1999–2024)

The table below shows the annual net assets of Daiyang Metal from 1999 to 2024. For live valuation and market cap data, see Daiyang Metal market capitalisation.

Year	Net Assets	Change
2024-12-31	₩90.38 Billion ≈ $61.25 Million	-7.53%
2023-12-31	₩97.75 Billion ≈ $66.24 Million	-43.98%
2022-12-31	₩174.50 Billion ≈ $118.26 Million	+75.24%
2021-12-31	₩99.58 Billion ≈ $67.48 Million	+31.43%
2020-12-31	₩75.77 Billion ≈ $51.35 Million	+13.54%
2019-12-31	₩66.73 Billion ≈ $45.22 Million	+110.66%
2018-12-31	₩31.68 Billion ≈ $21.47 Million	+21.86%
2017-12-31	₩25.99 Billion ≈ $17.62 Million	+57.30%
2016-12-31	₩16.52 Billion ≈ $11.20 Million	+214.01%
2014-12-31	₩5.26 Billion ≈ $3.57 Million	-73.37%
2013-12-31	₩19.76 Billion ≈ $13.39 Million	+13.58%
2012-12-31	₩17.40 Billion ≈ $11.79 Million	-42.89%
2011-12-31	₩30.46 Billion ≈ $20.64 Million	-72.69%
2010-12-31	₩111.53 Billion ≈ $75.58 Million	+17.65%
2009-12-31	₩94.80 Billion ≈ $64.25 Million	-2.97%
2008-12-31	₩97.71 Billion ≈ $66.22 Million	-3.19%
2007-12-31	₩100.93 Billion ≈ $68.40 Million	+6.57%
2006-12-31	₩94.71 Billion ≈ $64.19 Million	+4.71%
2005-12-31	₩90.45 Billion ≈ $61.30 Million	+2.57%
2004-12-31	₩88.19 Billion ≈ $59.76 Million	+8.57%
2003-12-31	₩81.22 Billion ≈ $55.04 Million	+9.71%
2002-12-31	₩74.03 Billion ≈ $50.17 Million	+0.63%
2001-12-31	₩73.57 Billion ≈ $49.86 Million	-11.98%
2000-12-31	₩83.58 Billion ≈ $56.64 Million	-2.20%
1999-12-31	₩85.46 Billion ≈ $57.92 Million	--

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
Alpha Pro Tech Ltd NYSE MKT:APT	$44.96 Million
Auric Mining Ltd AU:AWJ	$44.98 Million
Matang Bhd KLSE:0189	$44.99 Million
Golden House TA:GOHO	$45.01 Million
SCI Information Service Inc KQ:036120	$44.95 Million
Sunson Textile Manufacturer JK:SSTM	$44.94 Million
Mister Spex SE F:MRX	$44.94 Million
Selangor Dredging Bhd KLSE:2224	$44.93 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: 0.72x
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	₩1536.00	x
2018-12-31	₩2572.47	₩1536.00	x
2019-12-31	₩3172.22	₩1536.00	x
2020-12-31	₩2563.01	₩1536.00	x
2021-12-31	₩3095.98	₩1536.00	x
2022-12-31	₩3457.00	₩1536.00	x
2023-12-31	₩2593.24	₩1536.00	x
2024-12-31	₩2133.96	₩1536.00	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: $844,740,783,393
Average return on equity (ROE) among peers: 3.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Daiyang Metal (009190)	₩94.63 Billion	3.36%	0.57x	$44.96 Million
Korea Cast Pip (000970)	$224.35 Billion	3.36%	0.34x	$107.15 Million
Manho Rope&Wir (001080)	$145.98 Billion	0.00%	0.34x	$12.22 Million
Dongkuk Steel Mill Co Ltd (001230)	$2.25 Trillion	-10.63%	2.07x	$240.28 Million
SeAH Bestee (001430)	$2.04 Trillion	6.29%	0.80x	$1.83 Billion
Kisco Holdings (001940)	$1.50 Trillion	5.33%	0.16x	$231.09 Million
Hanil Iron & S (002220)	$177.76 Billion	14.38%	0.91x	$86.32 Million
Kis Wire (002240)	$617.89 Billion	5.08%	0.51x	$469.97 Million
Dong Il Steel MFG Co Ltd (002690)	$153.66 Billion	-0.31%	0.12x	$22.23 Million
Tcc Steel (002710)	$119.49 Billion	3.73%	1.17x	$350.50 Million
Seah Steel Corp (003030)	$1.23 Trillion	3.72%	0.69x	$657.16 Million

About Daiyang Metal

KO:009190 Korea Steel

Market Cap

$44.96 Million

₩66.34 Billion KRW

Market Cap Rank

#22289 Global

#1495 in Korea

Share Price

₩1536.00

Change (1 day)

+0.13%

52-Week Range

₩1105.00 - ₩1901.00

All Time High

₩19300.00