Dongwon System (014820) - Net Assets

Latest as of September 2025: ₩846.18 Billion KRW ≈ $573.44 Million USD

Based on the latest financial reports, Dongwon System (014820) has net assets worth ₩846.18 Billion KRW (≈ $573.44 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 (₩1.55 Trillion ≈ $1.05 Billion USD) and total liabilities (₩701.13 Billion ≈ $475.15 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 Dongwon System liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩846.18 Billion
% of Total Assets	54.69%
Annual Growth Rate	13.7%
5-Year Change	35.68%
10-Year Change	168.58%
Growth Volatility	32.65

Dongwon System - Net Assets Trend (2009–2024)

This chart illustrates how Dongwon System's net assets have evolved over time, based on quarterly financial data. Also explore 014820 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Dongwon System (2009–2024)

The table below shows the annual net assets of Dongwon System from 2009 to 2024. For live valuation and market cap data, see how much is Dongwon System worth.

Year	Net Assets	Change
2024-12-31	₩836.43 Billion ≈ $566.84 Million	+8.06%
2023-12-31	₩774.05 Billion ≈ $524.56 Million	+6.09%
2022-12-31	₩729.63 Billion ≈ $494.46 Million	+9.66%
2021-12-31	₩665.37 Billion ≈ $450.91 Million	+7.93%
2020-12-31	₩616.46 Billion ≈ $417.77 Million	+7.44%
2019-12-31	₩573.76 Billion ≈ $388.83 Million	+6.94%
2018-12-31	₩536.53 Billion ≈ $363.60 Million	+9.44%
2017-12-31	₩490.26 Billion ≈ $332.24 Million	+26.83%
2016-12-31	₩386.54 Billion ≈ $261.95 Million	+24.12%
2015-12-31	₩311.43 Billion ≈ $211.05 Million	+26.80%
2014-12-31	₩245.61 Billion ≈ $166.45 Million	+19.42%
2013-12-31	₩205.67 Billion ≈ $139.38 Million	+130.42%
2012-12-31	₩89.26 Billion ≈ $60.49 Million	-1.48%
2011-12-31	₩90.60 Billion ≈ $61.40 Million	-19.90%
2010-12-31	₩113.11 Billion ≈ $76.65 Million	-7.26%
2009-12-31	₩121.96 Billion ≈ $82.65 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Dongwon System'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 43550101627000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩435.50 Billion	52.15%
Other Components	₩399.60 Billion	47.85%
Total Equity	₩835.10 Billion	100.00%

Dongwon System Competitors by Market Cap

The table below lists competitors of Dongwon System ranked by their market capitalization.

Company	Market Cap
Jiangxi Sunshine Dairy Co Ltd SHE:001318	$552.18 Million
Shui On Land Limited F:OL5	$552.32 Million
Oriental Kopi Holdings Berhad KLSE:0338	$552.35 Million
Value Grupo Financiero S.A.B. de C.V MX:VALUEGFO	$552.48 Million
Ningbo Color Master Batch Co. Ltd. SHE:301019	$552.07 Million
Shandong Yuma Sun-shading Technology Corp. Ltd. SHE:300993	$551.89 Million
Delpha Construction Co Ltd TW:2530	$551.78 Million
Palm Landscape Architecture Co Ltd SHE:002431	$551.77 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 772,368,774,170 to 835,097,773,040, a change of 62,728,998,870 (8.1%).
Net income of 72,413,981,490 contributed positively to equity growth.
Dividend payments of 18,126,845,790 reduced retained earnings.
Other factors increased equity by 8,441,863,170.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩72.41 Billion	+8.67%
Dividends Paid	₩18.13 Billion	-2.17%
Other Changes	₩8.44 Billion	+1.01%
Total Change	₩-	8.12%

Book Value vs Market Value Analysis

This analysis compares Dongwon System'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: 0.98x
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 1.85x to 0.98x 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	₩15206.53	₩28100.00	x
2018-12-31	₩16699.96	₩28100.00	x
2019-12-31	₩17848.27	₩28100.00	x
2020-12-31	₩19057.79	₩28100.00	x
2021-12-31	₩22868.30	₩28100.00	x
2022-12-31	₩25112.88	₩28100.00	x
2023-12-31	₩26641.41	₩28100.00	x
2024-12-31	₩28805.13	₩28100.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dongwon System 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): 8.67%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.43%
• Asset Turnover: 0.86x
• Equity Multiplier: 1.86x
Recent ROE (8.67%) is below the historical average (9.84%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	3.81%	0.99%	1.07x	3.62x	₩-7.00 Billion
2013	5.09%	1.88%	1.01x	2.68x	₩-9.94 Billion
2014	1.22%	0.28%	0.67x	6.39x	₩-15.41 Billion
2015	14.26%	2.55%	0.96x	5.85x	₩9.26 Billion
2016	21.35%	4.45%	0.99x	4.83x	₩30.75 Billion
2017	17.69%	5.33%	1.09x	3.05x	₩29.73 Billion
2018	12.58%	5.21%	0.91x	2.65x	₩10.97 Billion
2019	8.41%	3.66%	0.90x	2.54x	₩-7.22 Billion
2020	10.63%	4.77%	0.86x	2.59x	₩3.03 Billion
2021	6.01%	3.19%	0.84x	2.25x	₩-26.43 Billion
2022	9.94%	5.03%	0.99x	1.99x	₩-468.94 Million
2023	8.31%	5.03%	0.83x	1.99x	₩-13.04 Billion
2024	8.67%	5.43%	0.86x	1.86x	₩-11.10 Billion

Industry Comparison

This section compares Dongwon System's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

Industry: Packaging & Containers
Average net assets among peers: $145,855,457,035
Average return on equity (ROE) among peers: 4.58%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dongwon System (014820)	₩846.18 Billion	3.81%	0.83x	$552.08 Million
Shin Hwa Silup (001770)	$39.42 Billion	4.90%	0.77x	$13.82 Million
Export Packing (002200)	$228.35 Billion	4.93%	0.28x	$67.83 Million
Shin Poong Pap (002870)	$68.90 Billion	28.49%	1.69x	$21.18 Million
Sam Young Chem (003720)	$46.35 Billion	-14.86%	1.27x	$251.90 Million
NPC Co. Ltd (004250)	$163.00 Billion	9.34%	1.55x	$87.54 Million
National Plastic Co Ltd Preferred (004255)	$261.01 Billion	4.54%	0.51x	$8.48 Million
Samhwa Crown (004450)	$105.85 Billion	-6.28%	0.90x	$35.40 Million
Daeryuk Can Co. Ltd (004780)	$106.85 Billion	5.02%	0.47x	$43.76 Million
Wonlim Corp. (005820)	$96.84 Billion	4.35%	0.33x	$24.21 Million
Youlchon Chem (008730)	$341.98 Billion	5.33%	0.77x	$432.77 Million

About Dongwon System

KO:014820 Korea Packaging & Containers

Market Cap

$552.08 Million

₩814.66 Billion KRW

Market Cap Rank

#12019 Global

#380 in Korea

Share Price

₩28100.00

Change (1 day)

-1.23%

52-Week Range

₩22900.00 - ₩33150.00

All Time High

₩85661.26