Duck Yang Ind
DY DEOKYANG Co.,Ltd. manufactures and sells automotive parts in Korea. Its products interior/exterior parts, includes cockpit module, instrument panel, and door trims; and electrified parts, such as battery module assembly products and energy storage systems. The company was formerly known as Duckyang Ind. Co., Ltd. and changed its name to DY DEOKYANG Co.,Ltd. in April 2025. The company was found… Read more
Duck Yang Ind (024900) - Net Assets
Latest net assets as of September 2025: ₩99.50 Billion KRW
Based on the latest financial reports, Duck Yang Ind (024900) has net assets worth ₩99.50 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 (₩552.37 Billion) and total liabilities (₩452.87 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 | ₩99.50 Billion |
| % of Total Assets | 18.01% |
| Annual Growth Rate | 5.3% |
| 5-Year Change | 82.32% |
| 10-Year Change | 11.43% |
| Growth Volatility | 20.16 |
Duck Yang Ind - Net Assets Trend (2012–2024)
This chart illustrates how Duck Yang Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Duck Yang Ind (2012–2024)
The table below shows the annual net assets of Duck Yang Ind from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩101.69 Billion | +11.67% |
| 2023-12-31 | ₩91.06 Billion | +2.96% |
| 2022-12-31 | ₩88.44 Billion | +38.68% |
| 2021-12-31 | ₩63.78 Billion | +14.34% |
| 2020-12-31 | ₩55.78 Billion | -8.94% |
| 2019-12-31 | ₩61.25 Billion | -20.77% |
| 2018-12-31 | ₩77.31 Billion | -7.09% |
| 2017-12-31 | ₩83.21 Billion | -1.29% |
| 2016-12-31 | ₩84.30 Billion | -7.63% |
| 2015-12-31 | ₩91.26 Billion | +50.08% |
| 2014-12-31 | ₩60.81 Billion | +11.09% |
| 2012-12-31 | ₩54.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Duck Yang Ind'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 68.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩36.82 Billion | 34.69% |
| Other Components | ₩69.33 Billion | 65.31% |
| Total Equity | ₩106.15 Billion | 100.00% |
Duck Yang Ind Competitors by Market Cap
The table below lists competitors of Duck Yang Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avadh Sugar & Energy Limited
NSE:AVADHSUGAR
|
$25.36 Million |
|
Community Bancorp of Santa Maria
OTCQX:CYSM
|
$25.37 Million |
|
Northeast Group Berhad
KLSE:0325
|
$25.41 Million |
|
Yi Shin Textile Industrial Co
TW:4440
|
$25.41 Million |
|
Ascelia Pharma AB (publ)
ST:ACE
|
$25.35 Million |
|
Cuulong Fish JSC
VN:ACL
|
$25.35 Million |
|
Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS
IS:TURGG
|
$25.32 Million |
|
Multicampus Corporation
KQ:067280
|
$25.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Duck Yang Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 94,913,410,660 to 106,151,063,030, a change of 11,237,652,370 (11.8%).
- Net income of 16,848,308,010 contributed positively to equity growth.
- Dividend payments of 1,621,379,000 reduced retained earnings.
- Other factors decreased equity by 3,989,276,640.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩16.85 Billion | +15.87% |
| Dividends Paid | ₩1.62 Billion | -1.53% |
| Other Changes | ₩-3.99 Billion | -3.76% |
| Total Change | ₩- | 11.84% |
Book Value vs Market Value Analysis
This analysis compares Duck Yang Ind'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: 0.62x
- 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 1.10x to 0.62x 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 | ₩1836.42 | ₩2020.00 | x |
| 2018-12-31 | ₩1776.19 | ₩2020.00 | x |
| 2019-12-31 | ₩1448.35 | ₩2020.00 | x |
| 2020-12-31 | ₩1370.62 | ₩2020.00 | x |
| 2021-12-31 | ₩1710.83 | ₩2020.00 | x |
| 2022-12-31 | ₩2607.77 | ₩2020.00 | x |
| 2023-12-31 | ₩2926.93 | ₩2020.00 | x |
| 2024-12-31 | ₩3273.48 | ₩2020.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Duck Yang Ind 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): 15.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.89%
- • Asset Turnover: 3.37x
- • Equity Multiplier: 5.26x
- Recent ROE (15.87%) is above the historical average (2.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.48% | 0.45% | 3.90x | 4.24x | ₩-1.38 Billion |
| 2014 | 5.45% | 0.41% | 3.74x | 3.57x | ₩-2.76 Billion |
| 2015 | 1.24% | 0.08% | 2.28x | 6.85x | ₩-5.36 Billion |
| 2016 | -5.63% | -0.30% | 2.56x | 7.31x | ₩-8.77 Billion |
| 2017 | 1.27% | 0.07% | 2.44x | 7.22x | ₩-5.19 Billion |
| 2018 | -0.35% | -0.02% | 2.46x | 9.16x | ₩-5.95 Billion |
| 2019 | -29.31% | -1.01% | 2.68x | 10.80x | ₩-18.43 Billion |
| 2020 | -13.25% | -0.45% | 2.52x | 11.57x | ₩-10.31 Billion |
| 2021 | 11.14% | 0.46% | 2.58x | 9.44x | ₩632.73 Million |
| 2022 | 18.68% | 1.02% | 2.96x | 6.15x | ₩7.34 Billion |
| 2023 | 13.08% | 0.66% | 3.27x | 6.04x | ₩2.93 Billion |
| 2024 | 15.87% | 0.89% | 3.37x | 5.26x | ₩6.23 Billion |
Industry Comparison
This section compares Duck Yang Ind's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Duck Yang Ind (024900) | ₩99.50 Billion | 7.48% | 4.55x | $25.35 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |