Daewoo Elec Co
Ajin Electronic Components Co.,Ltd produces and sells automotive components in South Korea. The company offers automotive components comprising on board charger, high voltage PTC heater, coolant sheath heater, electronic water pump, fuel cell DC-DC converter, pulse width modulation, climate control head, engine cooling fan BLDC controller, blower motor, voltage regulator, actuator control unit, t… Read more
Daewoo Elec Co (009320) - Net Assets
Latest net assets as of September 2025: ₩33.61 Billion KRW
Based on the latest financial reports, Daewoo Elec Co (009320) has net assets worth ₩33.61 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 (₩117.97 Billion) and total liabilities (₩84.37 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 | ₩33.61 Billion |
| % of Total Assets | 28.49% |
| Annual Growth Rate | -3.06% |
| 5-Year Change | -17.21% |
| 10-Year Change | -0.33% |
| Growth Volatility | 53.35 |
Daewoo Elec Co - Net Assets Trend (2000–2024)
This chart illustrates how Daewoo Elec Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daewoo Elec Co (2000–2024)
The table below shows the annual net assets of Daewoo Elec Co from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩28.91 Billion | +3.65% |
| 2023-12-31 | ₩27.89 Billion | +8.71% |
| 2022-12-31 | ₩25.66 Billion | -26.61% |
| 2021-12-31 | ₩34.96 Billion | +0.11% |
| 2020-12-31 | ₩34.92 Billion | -5.45% |
| 2019-12-31 | ₩36.94 Billion | -6.02% |
| 2018-12-31 | ₩39.30 Billion | +3.09% |
| 2017-12-31 | ₩38.12 Billion | +7.67% |
| 2016-12-31 | ₩35.41 Billion | +22.05% |
| 2015-12-31 | ₩29.01 Billion | +19.45% |
| 2014-12-31 | ₩24.28 Billion | +62.11% |
| 2013-12-31 | ₩14.98 Billion | -12.92% |
| 2012-12-31 | ₩17.20 Billion | -14.79% |
| 2011-12-31 | ₩20.19 Billion | +12.52% |
| 2010-12-31 | ₩17.94 Billion | -20.73% |
| 2009-12-31 | ₩22.63 Billion | +172.29% |
| 2008-12-31 | ₩8.31 Billion | -76.97% |
| 2007-12-31 | ₩36.09 Billion | -57.05% |
| 2006-12-31 | ₩84.02 Billion | +12.00% |
| 2005-12-31 | ₩75.02 Billion | +146.78% |
| 2004-12-31 | ₩30.40 Billion | -52.98% |
| 2003-12-31 | ₩64.64 Billion | -1.07% |
| 2002-12-31 | ₩65.35 Billion | +6.61% |
| 2001-12-31 | ₩61.30 Billion | +0.65% |
| 2000-12-31 | ₩60.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daewoo Elec Co'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 1186269791000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩40.78 Billion | 141.03% |
| Total Equity | ₩28.91 Billion | 100.00% |
Daewoo Elec Co Competitors by Market Cap
The table below lists competitors of Daewoo Elec Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Integrated Solutions Technology, Inc.
TWO:6927
|
$20.83 Million |
|
Where Food Comes From Inc
NASDAQ:WFCF
|
$20.83 Million |
|
Lefroy Exploration Ltd
AU:LEX
|
$20.84 Million |
|
Globus Maritime Ltd
NASDAQ:GLBS
|
$20.84 Million |
|
MaxsMaking Inc. Class A Ordinary Shares
NASDAQ:MAMK
|
$20.82 Million |
|
Finebesteel
KO:133820
|
$20.82 Million |
|
Fiducial Real Estate SA
PA:ORIA
|
$20.81 Million |
|
Damsan JSC
VN:ADS
|
$20.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daewoo Elec Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,893,784,760 to 28,912,743,870, a change of 1,018,959,110 (3.7%).
- Net income of 919,231,260 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩919.23 Million | +3.18% |
| Other Changes | ₩99.73 Million | +0.34% |
| Total Change | ₩- | 3.65% |
Book Value vs Market Value Analysis
This analysis compares Daewoo Elec Co'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: 1.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.26x to 1.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩800.10 | ₩1008.00 | x |
| 2018-12-31 | ₩824.84 | ₩1008.00 | x |
| 2019-12-31 | ₩775.20 | ₩1008.00 | x |
| 2020-12-31 | ₩732.98 | ₩1008.00 | x |
| 2021-12-31 | ₩733.82 | ₩1008.00 | x |
| 2022-12-31 | ₩538.52 | ₩1008.00 | x |
| 2023-12-31 | ₩565.80 | ₩1008.00 | x |
| 2024-12-31 | ₩586.47 | ₩1008.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daewoo Elec Co 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): 3.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.64%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 3.55x
- Recent ROE (3.18%) is above the historical average (-1.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.82% | 0.41% | 0.81x | 5.51x | ₩-4.70 Billion |
| 2001 | 0.11% | 0.03% | 0.75x | 4.93x | ₩-5.85 Billion |
| 2002 | 2.26% | 0.72% | 0.74x | 4.21x | ₩-4.89 Billion |
| 2009 | 9.14% | 13.94% | 0.32x | 2.04x | ₩-200.99 Million |
| 2013 | -19.57% | -12.00% | 0.60x | 2.72x | ₩-4.83 Billion |
| 2014 | 1.48% | 1.13% | 0.57x | 2.30x | ₩-2.07 Billion |
| 2015 | 3.89% | 2.32% | 0.76x | 2.20x | ₩-1.77 Billion |
| 2016 | 6.95% | 4.60% | 0.80x | 1.88x | ₩-1.08 Billion |
| 2017 | 7.63% | 5.01% | 0.86x | 1.77x | ₩-903.30 Million |
| 2018 | 2.94% | 1.84% | 0.88x | 1.80x | ₩-2.78 Billion |
| 2019 | -6.71% | -4.64% | 0.69x | 2.10x | ₩-6.17 Billion |
| 2020 | -10.38% | -4.77% | 0.83x | 2.63x | ₩-7.12 Billion |
| 2021 | -0.12% | -0.04% | 1.05x | 2.70x | ₩-3.54 Billion |
| 2022 | -34.08% | -8.70% | 1.10x | 3.56x | ₩-11.31 Billion |
| 2023 | 0.82% | 0.20% | 1.20x | 3.39x | ₩-2.56 Billion |
| 2024 | 3.18% | 0.64% | 1.40x | 3.55x | ₩-1.97 Billion |
Industry Comparison
This section compares Daewoo Elec Co's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daewoo Elec Co (009320) | ₩33.61 Billion | 1.82% | 2.51x | $20.82 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |