Dual Co Ltd Net Assets
Dual Co Ltd net assets. Based on the latest financial reports, Dual Co Ltd (016740) has net assets worth ₩296.93 Billion KRW (≈ $201.22 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩585.94 Billion ≈ $397.08 Million USD) and total liabilities (₩289.01 Billion ≈ $195.86 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. Also explore Dual Co Ltd (016740) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩296.93 Billion |
| % of Total Assets | 50.68% |
| Annual Growth Rate | 26.55% |
| 5-Year Change | 41.55% |
| 10-Year Change | 129.5% |
| Growth Volatility | 214.55 |
Net Assets of Dual Co Ltd (2011–2025)
Net assets of Dual Co Ltd from 2011 to 2025. This chart illustrates how Dual Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Dual Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Dual Co Ltd (2011–2025)
The table below shows the annual net assets of Dual Co Ltd from 2011 to 2025. For live market cap and overall valuation, see Dual Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩279.30 Billion ≈ $189.28 Million |
+16.17% |
| 2024-12-31 | ₩240.41 Billion ≈ $162.92 Million |
+11.51% |
| 2023-12-31 | ₩215.59 Billion ≈ $146.10 Million |
+8.79% |
| 2022-12-31 | ₩198.17 Billion ≈ $134.30 Million |
+0.44% |
| 2021-12-31 | ₩197.31 Billion ≈ $133.72 Million |
+7.57% |
| 2020-12-31 | ₩183.42 Billion ≈ $124.30 Million |
+3.58% |
| 2019-12-31 | ₩177.08 Billion ≈ $120.00 Million |
+8.00% |
| 2018-12-31 | ₩163.96 Billion ≈ $111.11 Million |
+6.30% |
| 2017-12-31 | ₩154.25 Billion ≈ $104.53 Million |
+26.75% |
| 2016-12-31 | ₩121.70 Billion ≈ $82.47 Million |
+37.27% |
| 2015-12-31 | ₩88.66 Billion ≈ $60.08 Million |
+758.10% |
| 2011-12-31 | ₩10.33 Billion ≈ $7.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dual Co Ltd'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 16447696395000.0% over the analyzed period, indicating profitable operations and earnings retention.
Dual Co Ltd Net Assets Breakdown (December 2025)
Dual Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩144.26 Billion | 52.23% |
| Other Components | ₩131.94 Billion | 47.77% |
| Total Equity | ₩276.20 Billion | 100.00% |
Dual Co Ltd Competitors by Market Cap
The table below lists competitors of Dual Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Silver Group Limited
F:2CS
|
$83.05 Million |
|
Shanghai Phoenix Enterprise Group Co Ltd B
SHG:900916
|
$83.05 Million |
|
Indospring Tbk
JK:INDS
|
$83.06 Million |
|
Weir Group PLC
LSE:WEIR
|
$83.07 Million |
|
Auburn National Bancorporation Inc
NASDAQ:AUBN
|
$83.03 Million |
|
Surge Battery Metals Inc
V:NILI
|
$83.03 Million |
|
Caravel Minerals Ltd
AU:CVV
|
$83.03 Million |
|
Koryo Credit Information Co. Ltd
KQ:049720
|
$83.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dual Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 232,534,759,070 to 276,204,194,190, a change of 43,669,435,120 (18.8%).
- Net income of 28,836,074,190 contributed positively to equity growth.
- Dividend payments of 4,102,436,550 reduced retained earnings.
- Share repurchases of 4,993,835,170 reduced equity.
- Other factors increased equity by 23,929,632,650.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩28.84 Billion | +10.44% |
| Dividends Paid | ₩4.10 Billion | -1.49% |
| Share Repurchases | ₩4.99 Billion | -1.81% |
| Other Changes | ₩23.93 Billion | +8.66% |
| Total Change | ₩- | 18.78% |
Book Value vs Market Value Analysis
This analysis compares Dual Co Ltd'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: 0.44x
- 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 0.76x to 0.44x 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 | ₩5670.79 | ₩4320.00 | x |
| 2018-12-31 | ₩6024.33 | ₩4320.00 | x |
| 2019-12-31 | ₩6519.78 | ₩4320.00 | x |
| 2020-12-31 | ₩6769.80 | ₩4320.00 | x |
| 2021-12-31 | ₩5970.07 | ₩4320.00 | x |
| 2022-12-31 | ₩5889.23 | ₩4320.00 | x |
| 2023-12-31 | ₩6778.51 | ₩4320.00 | x |
| 2024-12-31 | ₩7791.35 | ₩4320.00 | x |
| 2025-12-31 | ₩9738.88 | ₩4320.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dual Co Ltd 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): 10.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.62%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 1.99x
- Recent ROE (10.44%) is below the historical average (12.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 44.51% | 4.86% | 1.25x | 7.33x | ₩3.57 Billion |
| 2015 | 26.37% | 5.63% | 1.59x | 2.95x | ₩12.79 Billion |
| 2016 | 10.18% | 4.17% | 1.34x | 1.82x | ₩216.36 Million |
| 2017 | 8.94% | 3.89% | 1.06x | 2.17x | ₩-1.60 Billion |
| 2018 | 8.83% | 2.92% | 1.39x | 2.17x | ₩-1.87 Billion |
| 2019 | 7.00% | 2.60% | 1.28x | 2.11x | ₩-5.18 Billion |
| 2020 | 2.94% | 1.13% | 1.15x | 2.26x | ₩-12.65 Billion |
| 2021 | 8.24% | 3.22% | 1.17x | 2.19x | ₩-3.42 Billion |
| 2022 | 3.80% | 1.29% | 1.22x | 2.42x | ₩-11.85 Billion |
| 2023 | 9.98% | 2.86% | 1.53x | 2.29x | ₩-35.03 Million |
| 2024 | 6.94% | 2.09% | 1.50x | 2.21x | ₩-7.12 Billion |
| 2025 | 10.44% | 3.62% | 1.45x | 1.99x | ₩1.22 Billion |
Industry Comparison
This section compares Dual Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $734,399,637,467
- Average return on equity (ROE) among peers: 4.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dual Co Ltd (016740) | ₩296.93 Billion | 44.51% | 0.97x | $83.03 Million |
| Hankook Tire Worldwide (000240) | $3.74 Trillion | 5.28% | 0.09x | $1.47 Billion |
| Daewonkangup (000430) | $618.19 Billion | 4.96% | 0.66x | $164.28 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $23.43 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $13.24 Million |
| Dongkook Ind (001620) | $179.34 Billion | -5.35% | 2.18x | $150.16 Million |
| PS Tec. Co. Ltd (002230) | $32.80 Billion | 15.72% | 0.20x | $45.72 Million |
| Nexen Tire (002350) | $1.43 Trillion | 7.25% | 1.27x | $392.31 Million |
| Nexen Tire Prf 1 (002355) | $797.00 Billion | 15.39% | 1.89x | $17.27 Million |
| Dayou A-Tech (002880) | $103.55 Billion | 8.19% | 3.24x | $106.48 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $27.36 Million |
About Dual Co Ltd
DUAL Co., Ltd. manufactures and sells automobile interior materials. The company produces automotive fabrics. It also supplies seat covering products for vehicles. In addition, the company offers airbag materials and products. DUAL Co., Ltd. was founded in 1971 and is based in Seoul, South Korea. The company operates as a subsidiary of Motrex EFM Co., Ltd.