Dual Co Ltd (016740) - Net Assets
Based on the latest financial reports, Dual Co Ltd (016740) has net assets worth ₩271.79 Billion KRW (≈ $184.19 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 (₩541.49 Billion ≈ $366.96 Million USD) and total liabilities (₩269.69 Billion ≈ $182.77 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 Dual Co Ltd (016740) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩271.79 Billion |
| % of Total Assets | 50.19% |
| Annual Growth Rate | 27.39% |
| 5-Year Change | 31.07% |
| 10-Year Change | 171.17% |
| Growth Volatility | 224.01 |
Dual Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Dual Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Dual Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Dual Co Ltd (2011–2024)
The table below shows the annual net assets of Dual Co Ltd from 2011 to 2024. For live valuation and market cap data, see Dual Co Ltd (016740) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 14583467469000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩125.62 Billion | 54.02% |
| Other Components | ₩106.91 Billion | 45.98% |
| Total Equity | ₩232.53 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 |
|---|---|
|
Shun On Electronic Co Ltd
TW:6283
|
$99.95 Million |
|
Cti Logistics Ltd
AU:CLX
|
$99.95 Million |
|
LOGISTRI FASTIGHETS AB
F:6DV
|
$99.98 Million |
|
Freightos Limited Ordinary shares
NASDAQ:CRGO
|
$100.01 Million |
|
ATW Technology Inc
TWO:8097
|
$99.91 Million |
|
Many Peaks Minerals Ltd
AU:MPK
|
$99.82 Million |
|
Intellicheck Mobilisa Inc
NASDAQ:IDN
|
$99.81 Million |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM
|
$99.71 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 2023 to 2024, total equity changed from 208,775,906,450 to 232,534,759,070, a change of 23,758,852,620 (11.4%).
- Net income of 16,135,278,690 contributed positively to equity growth.
- Dividend payments of 3,653,931,360 reduced retained earnings.
- Share repurchases of 7,645,355,410 reduced equity.
- Other factors increased equity by 18,922,860,700.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩16.14 Billion | +6.94% |
| Dividends Paid | ₩3.65 Billion | -1.57% |
| Share Repurchases | ₩7.65 Billion | -3.29% |
| Other Changes | ₩18.92 Billion | +8.14% |
| Total Change | ₩- | 11.38% |
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: 0.67x
- 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 0.92x to 0.67x 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 | ₩5200.00 | x |
| 2018-12-31 | ₩6024.33 | ₩5200.00 | x |
| 2019-12-31 | ₩6519.78 | ₩5200.00 | x |
| 2020-12-31 | ₩6769.80 | ₩5200.00 | x |
| 2021-12-31 | ₩5970.07 | ₩5200.00 | x |
| 2022-12-31 | ₩5889.23 | ₩5200.00 | x |
| 2023-12-31 | ₩6778.51 | ₩5200.00 | x |
| 2024-12-31 | ₩7791.35 | ₩5200.00 | 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.09%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 2.21x
- Recent ROE (6.94%) is below the historical average (12.52%), 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 |
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: $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 |
|---|---|---|---|---|
| Dual Co Ltd (016740) | ₩271.79 Billion | 44.51% | 0.99x | $99.94 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 Dual Co Ltd
DUAL Co., Ltd., together with its subsidiaries, manufactures and sells automobile interior materials in South Korea, China, Europe, and the United States. It offers car fabrics, seats, and airbags. The company serves automobile manufacturers. DUAL Co., Ltd. was founded in 1971 and is headquartered in Seoul, South Korea.