Daekyo Co Ltd
Daekyo Co., Ltd. provides educational services for children worldwide. It offers Noonnoppi Education, a in level-based learning system that tailors learning content to each learner's academic ability; Daekyo Summit, a smart AI learning brand that provides personalized instruction through subject-specialized AI algorithms for comprehensive programs that span from foundational to advanced levels in… Read more
Daekyo Co Ltd (019685) - Net Assets
Latest net assets as of September 2025: ₩312.42 Billion KRW
Based on the latest financial reports, Daekyo Co Ltd (019685) has net assets worth ₩312.42 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 (₩610.25 Billion) and total liabilities (₩297.83 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 | ₩312.42 Billion |
| % of Total Assets | 51.2% |
| Annual Growth Rate | -6.91% |
| 5-Year Change | -43.95% |
| 10-Year Change | -51.36% |
| Growth Volatility | 9.22 |
Daekyo Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Daekyo Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daekyo Co Ltd (2014–2024)
The table below shows the annual net assets of Daekyo Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩313.25 Billion | +1.53% |
| 2023-12-31 | ₩308.53 Billion | -23.71% |
| 2022-12-31 | ₩404.39 Billion | -21.69% |
| 2021-12-31 | ₩516.40 Billion | -7.60% |
| 2020-12-31 | ₩558.89 Billion | -8.86% |
| 2019-12-31 | ₩613.23 Billion | -0.58% |
| 2018-12-31 | ₩616.83 Billion | -8.88% |
| 2017-12-31 | ₩676.93 Billion | +2.13% |
| 2016-12-31 | ₩662.80 Billion | +2.92% |
| 2015-12-31 | ₩643.98 Billion | +0.49% |
| 2014-12-31 | ₩640.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daekyo 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 decreased by 39.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩306.40 Billion | 98.78% |
| Other Components | ₩3.79 Billion | 1.22% |
| Total Equity | ₩310.18 Billion | 100.00% |
Daekyo Co Ltd Competitors by Market Cap
The table below lists competitors of Daekyo Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ORIGIN MATER. A DL-0001
F:5ER
|
$15.17 Million |
|
Cagdas Cam Sanayi ve Ticaret A.S.
IS:CGCAM
|
$15.17 Million |
|
Creas F&C Co.Ltd
KQ:110790
|
$15.18 Million |
|
Abans Holdings Limited
NSE:AHL
|
$15.18 Million |
|
HUBLine Bhd
KLSE:7013
|
$15.16 Million |
|
Samwon Steel
KO:023000
|
$15.16 Million |
|
Eurobattery Minerals AB
F:EBM
|
$15.15 Million |
|
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS
IS:IHEVA
|
$15.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daekyo Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 305,976,522,610 to 310,184,827,840, a change of 4,208,305,230 (1.4%).
- Net income of 649,020,240 contributed positively to equity growth.
- Dividend payments of 3,656,517,590 reduced retained earnings.
- Share repurchases of 1,104,398,490 reduced equity.
- Other factors increased equity by 8,320,201,070.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩649.02 Million | +0.21% |
| Dividends Paid | ₩3.66 Billion | -1.18% |
| Share Repurchases | ₩1.10 Billion | -0.36% |
| Other Changes | ₩8.32 Billion | +2.68% |
| Total Change | ₩- | 1.38% |
Book Value vs Market Value Analysis
This analysis compares Daekyo 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: 0.22x
- 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 increased from 0.11x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩8987.27 | ₩1019.00 | x |
| 2018-12-31 | ₩8441.90 | ₩1019.00 | x |
| 2019-12-31 | ₩8567.34 | ₩1019.00 | x |
| 2020-12-31 | ₩8040.56 | ₩1019.00 | x |
| 2021-12-31 | ₩7329.19 | ₩1019.00 | x |
| 2022-12-31 | ₩5824.62 | ₩1019.00 | x |
| 2023-12-31 | ₩4512.92 | ₩1019.00 | x |
| 2024-12-31 | ₩4603.30 | ₩1019.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daekyo 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): 0.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.10%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.95x
- Recent ROE (0.21%) is above the historical average (-3.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.53% | 4.99% | 0.96x | 1.36x | ₩-21.50 Billion |
| 2015 | 7.16% | 5.51% | 0.99x | 1.31x | ₩-17.76 Billion |
| 2016 | 6.50% | 5.19% | 0.97x | 1.30x | ₩-22.93 Billion |
| 2017 | 6.22% | 5.14% | 0.95x | 1.28x | ₩-25.32 Billion |
| 2018 | 3.08% | 2.47% | 0.92x | 1.36x | ₩-42.42 Billion |
| 2019 | 2.77% | 2.21% | 0.83x | 1.51x | ₩-44.02 Billion |
| 2020 | -3.16% | -2.80% | 0.74x | 1.52x | ₩-73.10 Billion |
| 2021 | -8.62% | -6.84% | 0.78x | 1.61x | ₩-94.26 Billion |
| 2022 | -33.65% | -19.63% | 1.02x | 1.67x | ₩-173.93 Billion |
| 2023 | -30.67% | -14.30% | 1.09x | 1.98x | ₩-124.44 Billion |
| 2024 | 0.21% | 0.10% | 1.10x | 1.95x | ₩-30.37 Billion |
Industry Comparison
This section compares Daekyo Co Ltd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $188,880,845,454
- Average return on equity (ROE) among peers: 17.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daekyo Co Ltd (019685) | ₩312.42 Billion | 6.53% | 0.95x | $15.16 Million |
| Daekyo (019680) | $676.93 Billion | 6.17% | 0.27x | $24.61 Million |
| JLS Co.Ltd (040420) | $58.36 Billion | 16.06% | 0.18x | $33.95 Million |
| Digital Daesung Co. Ltd (068930) | $83.30 Billion | 17.92% | 0.71x | $70.39 Million |
| MegaMD Co. Ltd (133750) | $62.24 Billion | -5.14% | 0.36x | $13.62 Million |
| MegaStudyEdu Co. Ltd (215200) | $338.86 Billion | 23.95% | 1.14x | $181.69 Million |
| I-Scream Edu Co.Ltd (289010) | $48.95 Billion | 21.58% | 0.41x | $8.72 Million |
| i-Scream Media CO., LTD. (461300) | $53.53 Billion | 41.85% | 0.60x | $54.35 Million |