Daiyang Metal (009190) - Net Assets
Based on the latest financial reports, Daiyang Metal (009190) has net assets worth ₩100.95 Billion KRW (≈ $68.41 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩159.42 Billion ≈ $108.04 Million USD) and total liabilities (₩58.47 Billion ≈ $39.62 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 strategic asset allocation of Daiyang Metal to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩100.95 Billion |
| % of Total Assets | 63.32% |
| Annual Growth Rate | 0.61% |
| 5-Year Change | 0.51% |
| 10-Year Change | 505.65% |
| Growth Volatility | 56.42 |
Daiyang Metal - Net Assets Trend (1999–2025)
This chart illustrates how Daiyang Metal's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Daiyang Metal (009190) total market value.
Annual Net Assets for Daiyang Metal (1999–2025)
The table below shows the annual net assets of Daiyang Metal from 1999 to 2025. Also explore Daiyang Metal (009190) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩100.08 Billion ≈ $67.82 Million |
+10.73% |
| 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 |
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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 263.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩163.17 Billion | 163.03% |
| Total Equity | ₩100.08 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 |
|---|---|
|
Dusk Group Ltd
AU:DSK
|
$32.16 Million |
|
Emami Realty Limited
NSE:EMAMIREAL
|
$32.17 Million |
|
Cnova NV
PA:CNV
|
$32.17 Million |
|
Vitreous Glass Inc
V:VCI
|
$32.19 Million |
|
FiEE, Inc.
NASDAQ:FIEE
|
$32.15 Million |
|
Maven Wireless Sweden AB
ST:MAVEN
|
$32.15 Million |
|
Anli International Co Ltd
TWO:5223
|
$32.14 Million |
|
Imperial Equities Inc.
V:IEI
|
$32.13 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 2024 to 2025, total equity changed from 90,384,510,030 to 100,083,148,980, a change of 9,698,638,950 (10.7%).
- Net income of 9,398,351,820 contributed positively to equity growth.
- New share issuances of 998,999,430 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩9.40 Billion | +9.39% |
| Share Issuances | ₩999.00 Million | +1.0% |
| Other Changes | ₩-698.71 Million | -0.7% |
| Total Change | ₩- | 10.73% |
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: 0.47x
- 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 | ₩1079.00 | x |
| 2018-12-31 | ₩2572.47 | ₩1079.00 | x |
| 2019-12-31 | ₩3172.22 | ₩1079.00 | x |
| 2020-12-31 | ₩2563.01 | ₩1079.00 | x |
| 2021-12-31 | ₩3095.98 | ₩1079.00 | x |
| 2022-12-31 | ₩3457.00 | ₩1079.00 | x |
| 2023-12-31 | ₩2593.24 | ₩1079.00 | x |
| 2024-12-31 | ₩2133.96 | ₩1079.00 | x |
| 2025-12-31 | ₩2317.39 | ₩1079.00 | 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): 9.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.21%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 1.44x
- Recent ROE (9.39%) is above the historical average (-58.97%), 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 |
| 2025 | 9.39% | 4.21% | 1.55x | 1.44x | ₩-609.96 Million |
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: $772,037,298,290
- Average return on equity (ROE) among peers: 3.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daiyang Metal (009190) | ₩100.95 Billion | 3.36% | 0.58x | $32.16 Million |
| Korea Cast Pip (000970) | $206.03 Billion | 2.73% | 0.44x | $96.07 Million |
| Manho Rope&Wir (001080) | $224.45 Billion | 3.15% | 0.21x | $9.07 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $3.15 Trillion | 0.24% | 2.23x | $221.31 Million |
| SeAH Bestee (001430) | $1.35 Trillion | 8.83% | 0.60x | $1.10 Billion |
| Kisco Holdings (001940) | $1.33 Trillion | 3.35% | 0.17x | $217.19 Million |
| Hanil Iron & S (002220) | $176.80 Billion | 1.03% | 1.14x | $48.36 Million |
| Kis Wire (002240) | $452.09 Billion | 8.63% | 0.53x | $308.68 Million |
| Dong Il Steel MFG Co Ltd (002690) | $153.55 Billion | 5.37% | 0.18x | $19.87 Million |
| Tcc Steel (002710) | $225.44 Billion | 2.02% | 1.02x | $200.92 Million |
| Seah Steel Corp (003030) | $457.02 Billion | 4.19% | 1.10x | $286.14 Million |
About Daiyang Metal
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