Dae Won Chem (024890) - Net Assets

Latest as of December 2025: ₩44.58 Billion KRW ≈ $30.21 Million USD

Based on the latest financial reports, Dae Won Chem (024890) has net assets worth ₩44.58 Billion KRW (≈ $30.21 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩148.38 Billion ≈ $100.56 Million USD) and total liabilities (₩103.81 Billion ≈ $70.35 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 Dae Won Chem tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩44.58 Billion
% of Total Assets	30.04%
Annual Growth Rate	-0.5%
5-Year Change	-37.23%
10-Year Change	-37.33%
Growth Volatility	15.46

Dae Won Chem - Net Assets Trend (2008–2025)

This chart illustrates how Dae Won Chem's net assets have evolved over time, based on quarterly financial data. See 024890 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Dae Won Chem (2008–2025)

The table below shows the annual net assets of Dae Won Chem from 2008 to 2025. For live valuation and market cap data, see Dae Won Chem (024890) total market value.

Year	Net Assets	Change
2025-12-31	₩44.58 Billion ≈ $30.21 Million	+6.35%
2024-12-31	₩41.91 Billion ≈ $28.40 Million	-20.67%
2023-12-31	₩52.84 Billion ≈ $35.81 Million	-15.40%
2022-12-31	₩62.46 Billion ≈ $42.33 Million	-12.05%
2021-12-31	₩71.01 Billion ≈ $48.12 Million	-6.59%
2020-12-31	₩76.03 Billion ≈ $51.52 Million	-4.28%
2019-12-31	₩79.43 Billion ≈ $53.83 Million	+6.13%
2018-12-31	₩74.84 Billion ≈ $50.72 Million	+3.38%
2017-12-31	₩72.40 Billion ≈ $49.06 Million	+1.78%
2016-12-31	₩71.13 Billion ≈ $48.20 Million	+10.82%
2015-12-31	₩64.18 Billion ≈ $43.50 Million	+42.01%
2014-12-31	₩45.20 Billion ≈ $30.63 Million	+25.57%
2013-12-31	₩35.99 Billion ≈ $24.39 Million	+1.05%
2012-12-31	₩35.62 Billion ≈ $24.14 Million	-7.32%
2011-12-31	₩38.43 Billion ≈ $26.04 Million	-20.26%
2010-12-31	₩48.20 Billion ≈ $32.66 Million	-7.27%
2009-12-31	₩51.97 Billion ≈ $35.22 Million	+7.07%
2008-12-31	₩48.54 Billion ≈ $32.90 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Dae Won Chem'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 144633251000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	₩45.96 Billion	103.25%
Total Equity	₩44.52 Billion	100.00%

Dae Won Chem Competitors by Market Cap

The table below lists competitors of Dae Won Chem ranked by their market capitalization.

Company	Market Cap
Beauty Health Co NASDAQ:SKIN	$78.74 Million
Southern Concrete Pile PCL BK:SCP	$78.75 Million
Gabriel Holding CO:GABR	$78.78 Million
Forsys Metals Corp. TO:FSY	$78.78 Million
Astro Malaysia Holdings Bhd KLSE:6399	$78.72 Million
Actinogen Medical Ltd AU:ACW	$78.71 Million
Empress Royalty Corp V:EMPR	$78.70 Million
Consolidated Finvest & Holdings Limited NSE:CONSOFINVT	$78.68 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 41,861,454,510 to 44,518,623,810, a change of 2,657,169,300 (6.3%).
Net income of 3,503,591,880 contributed positively to equity growth.
Dividend payments of 6,349,760 reduced retained earnings.
Other factors decreased equity by 840,072,820.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩3.50 Billion	+7.87%
Dividends Paid	₩6.35 Million	-0.01%
Other Changes	₩-840.07 Million	-1.89%
Total Change	₩-	6.35%

Book Value vs Market Value Analysis

This analysis compares Dae Won Chem'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: 2.61x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.62x to 2.61x 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	₩1760.80	₩2850.00	x
2018-12-31	₩1820.19	₩2850.00	x
2019-12-31	₩1931.45	₩2850.00	x
2020-12-31	₩1848.61	₩2850.00	x
2021-12-31	₩1734.69	₩2850.00	x
2022-12-31	₩1531.53	₩2850.00	x
2023-12-31	₩1295.43	₩2850.00	x
2024-12-31	₩1027.03	₩2850.00	x
2025-12-31	₩1092.22	₩2850.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dae Won Chem 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): 7.87%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.77%
• Asset Turnover: 0.85x
• Equity Multiplier: 3.33x
Recent ROE (7.87%) is above the historical average (-1.48%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-3.64%	-1.21%	0.99x	3.03x	₩-4.91 Billion
2014	12.89%	4.43%	1.12x	2.60x	₩1.31 Billion
2015	17.89%	7.94%	1.14x	1.98x	₩5.06 Billion
2016	10.16%	5.81%	0.92x	1.90x	₩113.94 Million
2017	2.19%	1.34%	0.96x	1.71x	₩-5.65 Billion
2018	3.56%	2.32%	0.91x	1.69x	₩-4.82 Billion
2019	5.40%	3.22%	1.02x	1.64x	₩-3.66 Billion
2020	-2.86%	-2.00%	0.84x	1.71x	₩-9.78 Billion
2021	-9.87%	-6.18%	0.83x	1.91x	₩-14.10 Billion
2022	-15.43%	-6.56%	1.12x	2.10x	₩-15.87 Billion
2023	-18.46%	-8.04%	0.88x	2.62x	₩-15.03 Billion
2024	-28.97%	-9.63%	0.83x	3.64x	₩-16.31 Billion
2025	7.87%	2.77%	0.85x	3.33x	₩-948.27 Million

Industry Comparison

This section compares Dae Won Chem's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $1,186,509,182,924
Average return on equity (ROE) among peers: 3.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dae Won Chem (024890)	₩44.58 Billion	-3.64%	2.33x	$78.72 Million
DL Holdings CO. LTD. (000210)	$4.64 Trillion	7.11%	1.32x	$777.31 Million
DL Holdings Co Ltd Preferred (000215)	$4.47 Trillion	-10.17%	1.37x	$28.36 Million
Norooholdings (000320)	$279.95 Billion	2.41%	1.21x	$124.32 Million
Noroo Holdings Co Ltd (000325)	$521.37 Billion	12.36%	0.89x	$4.47 Million
Samhwa Paint (000390)	$292.41 Billion	0.67%	0.85x	$111.33 Million
Kangnam Jevisco Co Ltd (000860)	$582.50 Billion	4.00%	0.22x	$118.05 Million
Paik Kwang Ind (001340)	$180.35 Billion	8.29%	0.91x	$184.30 Million
Bo Lak (002760)	$48.73 Billion	4.80%	0.22x	$37.31 Million
Songwon Industrial (004430)	$682.62 Billion	19.33%	0.78x	$170.78 Million
Cho Kwang Pain (004910)	$174.51 Billion	-13.98%	0.99x	$26.29 Million

About Dae Won Chem

KO:024890 Korea Specialty Chemicals

Market Cap

$78.72 Million

₩116.16 Billion KRW

Market Cap Rank

#20217 Global

#1089 in Korea

Share Price

₩2850.00

Change (1 day)

-2.73%

52-Week Range

₩705.00 - ₩4080.00

All Time High

₩6394.42