Dae Won Chem Net Assets
Dae Won Chem net assets. 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. Also explore Dae Won Chem equity growth rate to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Dae Won Chem (2008–2025)
Net assets of Dae Won Chem from 2008 to 2025. This chart illustrates how Dae Won Chem's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Dae Won Chem to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see 024890 stock market capitalisation.
| 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.
Dae Won Chem Net Assets Breakdown (December 2025)
Dae Won Chem net assets breakdown by equity component as of 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 |
|---|---|
|
ENDURANCE MOTIVE EO -02
F:7VB
|
$40.59 Million |
|
Solidion Technology Inc.
NASDAQ:STI
|
$40.61 Million |
|
Canlan Ice Sports Corp.
TO:ICE
|
$40.62 Million |
|
United Drilling Tools Limited
NSE:UNIDT
|
$40.63 Million |
|
Indah Prakasa Sentosa PT Tbk
JK:INPS
|
$40.56 Million |
|
Honmyue Enterprise Co Ltd
TW:1474
|
$40.56 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
$40.55 Million |
|
Dacome International Ltd
TWO:9960
|
$40.53 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: 1.34x
- 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 0.83x to 1.34x 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 | ₩1469.00 | x |
| 2018-12-31 | ₩1820.19 | ₩1469.00 | x |
| 2019-12-31 | ₩1931.45 | ₩1469.00 | x |
| 2020-12-31 | ₩1848.61 | ₩1469.00 | x |
| 2021-12-31 | ₩1734.69 | ₩1469.00 | x |
| 2022-12-31 | ₩1531.53 | ₩1469.00 | x |
| 2023-12-31 | ₩1295.43 | ₩1469.00 | x |
| 2024-12-31 | ₩1027.03 | ₩1469.00 | x |
| 2025-12-31 | ₩1092.22 | ₩1469.00 | 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: $1,274,656,998,498
- Average return on equity (ROE) among peers: 3.57%
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 | $40.58 Million |
| DL Holdings CO. LTD. (000210) | $5.15 Trillion | 5.16% | 1.41x | $565.25 Million |
| DL Holdings Co Ltd Preferred (000215) | $4.92 Trillion | -1.79% | 1.48x | $22.38 Million |
| Norooholdings (000320) | $660.83 Billion | 3.78% | 0.77x | $96.82 Million |
| Noroo Holdings Co Ltd (000325) | $533.52 Billion | 2.04% | 0.82x | $4.49 Million |
| Samhwa Paint (000390) | $111.40 Billion | 6.40% | 1.03x | $107.63 Million |
| Kangnam Jevisco Co Ltd (000860) | $678.85 Billion | 0.91% | 0.41x | $107.48 Million |
| Paik Kwang Ind (001340) | $120.49 Billion | 1.97% | 1.33x | $126.11 Million |
| Bo Lak (002760) | $46.65 Billion | -3.24% | 0.27x | $39.94 Million |
| Songwon Industrial (004430) | $378.13 Billion | 9.36% | 1.29x | $170.78 Million |
| Cho Kwang Pain (004910) | $150.26 Billion | 11.15% | 0.61x | $20.43 Million |
About Dae Won Chem
DAEWON Chemical Co., Ltd. manufactures and supplies synthetic leather for use in shoes, balls, and vehicle interiors in South Korea. It also offers TV and monitor bezel less foam PAD tape; thermal conductive tape; poron and conductive tape; composite graphite and thermal conductive tape; LVDS FFC cable matching tape; double coated adhesive tape; ETC functional tape; light shielding tape; and whit… Read more