DB INC
DB Inc. engages in the IT, trade, consulting, and other business activities. The company offers IT services, such as IT outsourcing, system integration, global business, convergence, and digital transformation. It also trades chemical products, including synthetic resins, such as PE, PP, PET, and PS/EPS; special resins comprising PU and PC; and iron and steel products comprising cold-rolled and h… Read more
DB INC (012030) - Net Assets
Latest net assets as of September 2025: ₩468.35 Billion KRW
Based on the latest financial reports, DB INC (012030) has net assets worth ₩468.35 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 (₩932.35 Billion) and total liabilities (₩464.00 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 | ₩468.35 Billion |
| % of Total Assets | 50.23% |
| Annual Growth Rate | 3.36% |
| 5-Year Change | 25.68% |
| 10-Year Change | 137.76% |
| Growth Volatility | 33.54 |
DB INC - Net Assets Trend (2011–2024)
This chart illustrates how DB INC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DB INC (2011–2024)
The table below shows the annual net assets of DB INC from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩394.28 Billion | -0.24% |
| 2023-12-31 | ₩395.21 Billion | +38.68% |
| 2022-12-31 | ₩284.98 Billion | -34.90% |
| 2021-12-31 | ₩437.78 Billion | +39.55% |
| 2020-12-31 | ₩313.70 Billion | +48.68% |
| 2019-12-31 | ₩210.99 Billion | +53.37% |
| 2018-12-31 | ₩137.57 Billion | -1.37% |
| 2017-12-31 | ₩139.48 Billion | -7.96% |
| 2016-12-31 | ₩151.55 Billion | -8.61% |
| 2015-12-31 | ₩165.83 Billion | +50.41% |
| 2014-12-31 | ₩110.25 Billion | -55.23% |
| 2013-12-31 | ₩246.28 Billion | -16.78% |
| 2012-12-31 | ₩295.94 Billion | +15.36% |
| 2011-12-31 | ₩256.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DB INC'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 grown by 19227315258000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩192.27 Billion | 48.86% |
| Other Components | ₩201.22 Billion | 51.14% |
| Total Equity | ₩393.49 Billion | 100.00% |
DB INC Competitors by Market Cap
The table below lists competitors of DB INC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
$113.50 Million |
|
Huons Co. Ltd
KQ:243070
|
$113.51 Million |
|
Bahnhof AB (publ)
F:3B7
|
$113.53 Million |
|
AIC Mines Limited
PINK:IAUFF
|
$113.53 Million |
|
Zhejiang Weigang Technology Co. Ltd. A
SHE:001256
|
$113.46 Million |
|
Paik Kwang Ind
KO:001340
|
$113.44 Million |
|
Min Aik Technology Co Ltd
TW:3060
|
$113.41 Million |
|
Pokarna Limited
NSE:POKARNA
|
$113.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DB INC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 394,926,729,140 to 393,490,665,700, a change of -1,436,063,440 (-0.4%).
- Net income of 92,310,411,220 contributed positively to equity growth.
- Other factors decreased equity by 93,746,474,660.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩92.31 Billion | +23.46% |
| Other Changes | ₩-93.75 Billion | -23.82% |
| Total Change | ₩- | -0.36% |
Book Value vs Market Value Analysis
This analysis compares DB INC'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: 0.85x
- 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.
- The price-to-book ratio has decreased from 2.24x to 0.85x 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 | ₩776.60 | ₩1741.00 | x |
| 2018-12-31 | ₩720.14 | ₩1741.00 | x |
| 2019-12-31 | ₩1104.49 | ₩1741.00 | x |
| 2020-12-31 | ₩1642.17 | ₩1741.00 | x |
| 2021-12-31 | ₩2291.70 | ₩1741.00 | x |
| 2022-12-31 | ₩1491.82 | ₩1741.00 | x |
| 2023-12-31 | ₩2067.35 | ₩1741.00 | x |
| 2024-12-31 | ₩2059.83 | ₩1741.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DB INC 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): 23.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.71%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.21x
- Recent ROE (23.46%) is above the historical average (-7.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 1.87% | 0.94% | 0.74x | 2.68x | ₩-20.86 Billion |
| 2012 | 1.00% | 0.54% | 0.79x | 2.34x | ₩-26.64 Billion |
| 2013 | -25.91% | -12.14% | 0.82x | 2.59x | ₩-88.43 Billion |
| 2014 | -112.95% | -43.95% | 0.77x | 3.32x | ₩-135.55 Billion |
| 2015 | 7.95% | 6.47% | 0.74x | 1.67x | ₩-3.40 Billion |
| 2016 | -13.67% | -10.11% | 0.95x | 1.42x | ₩-35.87 Billion |
| 2017 | -0.56% | -0.39% | 1.03x | 1.39x | ₩-14.72 Billion |
| 2018 | -2.89% | -1.68% | 0.82x | 2.10x | ₩-17.73 Billion |
| 2019 | 2.09% | 1.85% | 0.66x | 1.72x | ₩-16.69 Billion |
| 2020 | 2.00% | 2.30% | 0.58x | 1.51x | ₩-25.10 Billion |
| 2021 | 4.96% | 6.64% | 0.54x | 1.38x | ₩-22.07 Billion |
| 2022 | 2.00% | 1.42% | 0.97x | 1.45x | ₩-22.79 Billion |
| 2023 | 5.13% | 4.42% | 0.52x | 2.23x | ₩-19.22 Billion |
| 2024 | 23.46% | 15.71% | 0.68x | 2.21x | ₩52.96 Billion |
Industry Comparison
This section compares DB INC's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,294,617,300,090
- Average return on equity (ROE) among peers: 3.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DB INC (012030) | ₩468.35 Billion | 1.87% | 0.99x | $113.49 Million |
| CItech Co Ltd (004920) | $34.39 Billion | -4.36% | 0.16x | $16.60 Million |
| Ssangyong Information & Communications Corp (010280) | $44.71 Billion | -4.06% | 2.04x | $29.02 Million |
| Samsung SDS Co Ltd (018260) | $7.44 Trillion | 8.21% | 0.41x | $4.40 Billion |
| Daou Tech (023590) | $2.44 Trillion | 4.52% | 6.75x | $720.57 Million |
| Daou Data Corp (032190) | $1.36 Trillion | 12.12% | 41.61x | $227.30 Million |
| Shinsegae I&C (035510) | $199.24 Billion | 5.35% | 0.45x | $108.26 Million |
| WIZ CORP Inc (038620) | $31.04 Billion | 1.18% | 0.04x | $25.91 Million |
| KL-Net Corp (039420) | $30.56 Billion | 8.05% | 0.25x | $27.14 Million |
| Leenos Corp (039980) | $71.80 Billion | 1.39% | 0.28x | $63.07 Million |