DY Corporation

KO:013570 Korea Auto Parts
Market Cap
$82.81 Million
₩121.25 Billion KRW
Market Cap Rank
#21404 Global
#1012 in Korea
Share Price
₩4915.00
Change (1 day)
+0.61%
52-Week Range
₩3425.00 - ₩5550.00
All Time High
₩11330.83
Categories
Companies in Korea Auto Parts
About

DY Corporation manufactures and sells hydraulic equipment, automotive parts, and industrial machinery in South Korea and internationally. It offers concrete pump cars, automatic car washing machines, stick cranes, knuckle cranes, golf cars, construction machinery, and special vehicles; hydraulic cylinders, hydraulic machinery, and other hydraulic and pneumatic equipment used for excavators, forkl… Read more

DY Corporation (013570) - Net Assets

Latest net assets as of September 2025: ₩595.72 Billion KRW

Based on the latest financial reports, DY Corporation (013570) has net assets worth ₩595.72 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 (₩1.04 Trillion) and total liabilities (₩448.43 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 ₩595.72 Billion
% of Total Assets 57.05%
Annual Growth Rate 8.91%
5-Year Change 24.25%
10-Year Change 48.0%
Growth Volatility 15.25

DY Corporation - Net Assets Trend (2004–2024)

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

Annual Net Assets for DY Corporation (2004–2024)

The table below shows the annual net assets of DY Corporation from 2004 to 2024.

Year Net Assets Change
2024-12-31 ₩580.49 Billion +9.41%
2023-12-31 ₩530.56 Billion +5.19%
2022-12-31 ₩504.38 Billion +1.26%
2021-12-31 ₩498.13 Billion +6.62%
2020-12-31 ₩467.18 Billion -1.51%
2019-12-31 ₩474.33 Billion +6.39%
2018-12-31 ₩445.84 Billion +3.08%
2017-12-31 ₩432.53 Billion +7.04%
2016-12-31 ₩404.09 Billion +3.02%
2015-12-31 ₩392.23 Billion +41.41%
2014-12-31 ₩277.38 Billion -18.40%
2013-12-31 ₩339.91 Billion +8.18%
2012-12-31 ₩314.22 Billion +5.60%
2011-12-31 ₩297.56 Billion +37.71%
2010-12-31 ₩216.07 Billion +25.07%
2009-12-31 ₩172.76 Billion +5.82%
2008-12-31 ₩163.26 Billion -6.94%
2007-12-31 ₩175.43 Billion +44.06%
2006-12-31 ₩121.78 Billion +7.69%
2005-12-31 ₩113.08 Billion +7.29%
2004-12-31 ₩105.39 Billion --

Equity Component Analysis

This analysis shows how different components contribute to DY Corporation'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 74313.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩265.63 Billion 69.18%
Other Components ₩118.36 Billion 30.82%
Total Equity ₩383.99 Billion 100.00%

DY Corporation Competitors by Market Cap

The table below lists competitors of DY Corporation ranked by their market capitalization.

Company Market Cap
New Horizon Aircraft Ltd
NASDAQ:HOVR
 		$48.30 Million
Prevas AB
ST:PREV-B
 		$48.32 Million
Wallbridge Mining Company Limited
OTCQB:WLBMF
 		$48.32 Million
Indian Hume Pipe Company Limited
NSE:INDIANHUME
 		$48.33 Million
GaeaSoft Corp
KQ:051160
 		$48.28 Million
Lee Chi Enterprises Co Ltd
TW:1517
 		$48.28 Million
Nordic Nanovector ASA
F:8NN
 		$48.26 Million
Abm Investama Tbk
JK:ABMM
 		$48.25 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 350,590,767,490 to 383,988,822,560, a change of 33,398,055,070 (9.5%).
  • Net income of 22,000,179,360 contributed positively to equity growth.
  • Dividend payments of 6,417,011,850 reduced retained earnings.
  • Other factors increased equity by 17,814,887,560.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩22.00 Billion +5.73%
Dividends Paid ₩6.42 Billion -1.67%
Other Changes ₩17.81 Billion +4.64%
Total Change ₩- 9.53%

Book Value vs Market Value Analysis

This analysis compares DY Corporation'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: 0.32x
  • 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 ₩13433.22 ₩4915.00 x
2018-12-31 ₩13385.00 ₩4915.00 x
2019-12-31 ₩13945.78 ₩4915.00 x
2020-12-31 ₩13614.21 ₩4915.00 x
2021-12-31 ₩13963.33 ₩4915.00 x
2022-12-31 ₩13813.63 ₩4915.00 x
2023-12-31 ₩14211.68 ₩4915.00 x
2024-12-31 ₩15565.52 ₩4915.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently DY Corporation 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): 5.73%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.88%
  • • Asset Turnover: 1.16x
  • • Equity Multiplier: 2.61x
  • Recent ROE (5.73%) is below the historical average (8.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 20.90% 8.77% 1.58x 1.51x ₩11.49 Billion
2005 9.01% 3.60% 1.49x 1.68x ₩-1.12 Billion
2006 10.01% 3.46% 1.64x 1.77x ₩9.01 Million
2007 9.68% 3.96% 1.47x 1.67x ₩-553.98 Million
2009 8.18% 3.75% 1.22x 1.79x ₩-3.14 Billion
2010 21.31% 7.50% 1.65x 1.72x ₩24.44 Billion
2011 14.17% 5.79% 1.32x 1.85x ₩12.40 Billion
2012 13.21% 5.66% 1.28x 1.83x ₩10.09 Billion
2013 9.39% 4.25% 1.22x 1.81x ₩-2.07 Billion
2014 18.75% 8.62% 1.25x 1.74x ₩24.27 Billion
2015 5.49% 2.77% 0.92x 2.16x ₩-14.63 Billion
2016 4.50% 2.06% 1.00x 2.18x ₩-18.20 Billion
2017 6.10% 2.53% 1.11x 2.17x ₩-13.31 Billion
2018 1.76% 0.67% 1.20x 2.19x ₩-28.01 Billion
2019 4.64% 1.92% 1.13x 2.13x ₩-18.99 Billion
2020 -3.48% -1.48% 0.99x 2.37x ₩-45.29 Billion
2021 -2.04% -0.70% 1.16x 2.50x ₩-41.46 Billion
2022 -1.27% -0.39% 1.27x 2.53x ₩-38.40 Billion
2023 5.18% 1.53% 1.28x 2.65x ₩-16.89 Billion
2024 5.73% 1.88% 1.16x 2.61x ₩-16.40 Billion

Industry Comparison

This section compares DY Corporation'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
DY Corporation (013570) ₩595.72 Billion 20.90% 0.75x $48.29 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