DY Corporation (013570) - Net Assets

Latest as of September 2025: ₩595.72 Billion KRW ≈ $403.71 Million USD

Based on the latest financial reports, DY Corporation (013570) has net assets worth ₩595.72 Billion KRW (≈ $403.71 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 (₩1.04 Trillion ≈ $707.60 Million USD) and total liabilities (₩448.43 Billion ≈ $303.89 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 financial resilience of DY Corporation to evaluate the company's liquid asset resilience ratio.

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. Also explore DY Corporation balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for DY Corporation (2004–2024)

The table below shows the annual net assets of DY Corporation from 2004 to 2024. For live valuation and market cap data, see how much is DY Corporation worth.

Year	Net Assets	Change
2024-12-31	₩580.49 Billion ≈ $393.39 Million	+9.41%
2023-12-31	₩530.56 Billion ≈ $359.55 Million	+5.19%
2022-12-31	₩504.38 Billion ≈ $341.81 Million	+1.26%
2021-12-31	₩498.13 Billion ≈ $337.57 Million	+6.62%
2020-12-31	₩467.18 Billion ≈ $316.60 Million	-1.51%
2019-12-31	₩474.33 Billion ≈ $321.45 Million	+6.39%
2018-12-31	₩445.84 Billion ≈ $302.14 Million	+3.08%
2017-12-31	₩432.53 Billion ≈ $293.12 Million	+7.04%
2016-12-31	₩404.09 Billion ≈ $273.84 Million	+3.02%
2015-12-31	₩392.23 Billion ≈ $265.81 Million	+41.41%
2014-12-31	₩277.38 Billion ≈ $187.98 Million	-18.40%
2013-12-31	₩339.91 Billion ≈ $230.35 Million	+8.18%
2012-12-31	₩314.22 Billion ≈ $212.94 Million	+5.60%
2011-12-31	₩297.56 Billion ≈ $201.65 Million	+37.71%
2010-12-31	₩216.07 Billion ≈ $146.43 Million	+25.07%
2009-12-31	₩172.76 Billion ≈ $117.08 Million	+5.82%
2008-12-31	₩163.26 Billion ≈ $110.64 Million	-6.94%
2007-12-31	₩175.43 Billion ≈ $118.89 Million	+44.06%
2006-12-31	₩121.78 Billion ≈ $82.53 Million	+7.69%
2005-12-31	₩113.08 Billion ≈ $76.63 Million	+7.29%
2004-12-31	₩105.39 Billion ≈ $71.42 Million	--

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
Erbosan Erciyas Boru Sanayi Ve Ticaret AS IS:ERBOS	$88.11 Million
Woongjin Thinkbig Co Ltd KO:095720	$88.12 Million
Kellton Tech Solutions Limited NSE:KELLTONTEC	$88.13 Million
Imaflex Inc V:IFX	$88.17 Million
Eldeco Housing And Industries Limited NSE:ELDEHSG	$88.09 Million
Maan Aluminium Limited NSE:MAANALU	$88.09 Million
New Horizon Aircraft Ltd NASDAQ:HOVR	$88.01 Million
Business Alignment Public Company Limited BK:BIZ	$88.00 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: 0.34x
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	₩5270.00	x
2018-12-31	₩13385.00	₩5270.00	x
2019-12-31	₩13945.78	₩5270.00	x
2020-12-31	₩13614.21	₩5270.00	x
2021-12-31	₩13963.33	₩5270.00	x
2022-12-31	₩13813.63	₩5270.00	x
2023-12-31	₩14211.68	₩5270.00	x
2024-12-31	₩15565.52	₩5270.00	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: $565,000,713,308
Average return on equity (ROE) among peers: 2.34%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
DY Corporation (013570)	₩595.72 Billion	20.90%	0.75x	$88.10 Million
Hankook Tire Worldwide (000240)	$1.77 Trillion	-1.14%	2.04x	$1.60 Billion
Daewonkangup (000430)	$111.59 Billion	3.26%	1.76x	$183.40 Million
SG Choongbang Co Ltd (001380)	$26.46 Billion	0.00%	8.99x	$33.46 Million
Tae Won Mulsan (001420)	$32.20 Billion	1.67%	0.19x	$15.16 Million
Dongkook Ind (001620)	$170.07 Billion	-12.97%	2.34x	$48.42 Million
PS Tec. Co. Ltd (002230)	$42.65 Billion	9.95%	0.26x	$112.51 Million
Nexen Tire (002350)	$1.60 Trillion	0.30%	1.39x	$484.20 Million
Nexen Tire Prf 1 (002355)	$1.56 Trillion	7.59%	1.21x	$19.07 Million
Dayou A-Tech (002880)	$52.20 Billion	11.76%	2.72x	$31.63 Million
Yoo Sung Ent (002920)	$289.11 Billion	3.03%	0.31x	$33.27 Million

About DY Corporation

KO:013570 Korea Auto Parts

Market Cap

$88.10 Million

₩130.01 Billion KRW

Market Cap Rank

#19664 Global

#1109 in Korea

Share Price

₩5270.00

Change (1 day)

-0.94%

52-Week Range

₩3945.00 - ₩5550.00

All Time High

₩11330.83