Duck Yang Ind (024900) - Net Assets

Latest as of June 2026: ₩115.23 Billion KRW ≈ $78.09 Million USD

Based on the latest financial reports, Duck Yang Ind (024900) has net assets worth ₩115.23 Billion KRW (≈ $78.09 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩605.17 Billion ≈ $410.11 Million USD) and total liabilities (₩489.93 Billion ≈ $332.02 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 024900 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩115.23 Billion
% of Total Assets	19.04%
Annual Growth Rate	5.87%
5-Year Change	80.1%
10-Year Change	36.26%
Growth Volatility	19.36

Duck Yang Ind - Net Assets Trend (2012–2025)

This chart illustrates how Duck Yang Ind's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 024900 company net worth.

Annual Net Assets for Duck Yang Ind (2012–2025)

The table below shows the annual net assets of Duck Yang Ind from 2012 to 2025. Also explore how fast is Duck Yang Ind growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	₩114.86 Billion ≈ $77.84 Million	+12.95%
2024-12-31	₩101.69 Billion ≈ $68.92 Million	+11.67%
2023-12-31	₩91.06 Billion ≈ $61.71 Million	+2.96%
2022-12-31	₩88.44 Billion ≈ $59.94 Million	+38.68%
2021-12-31	₩63.78 Billion ≈ $43.22 Million	+14.34%
2020-12-31	₩55.78 Billion ≈ $37.80 Million	-8.94%
2019-12-31	₩61.25 Billion ≈ $41.51 Million	-20.77%
2018-12-31	₩77.31 Billion ≈ $52.39 Million	-7.09%
2017-12-31	₩83.21 Billion ≈ $56.39 Million	-1.29%
2016-12-31	₩84.30 Billion ≈ $57.13 Million	-7.63%
2015-12-31	₩91.26 Billion ≈ $61.85 Million	+50.08%
2014-12-31	₩60.81 Billion ≈ $41.21 Million	+11.09%
2012-12-31	₩54.74 Billion ≈ $37.09 Million	--

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 71.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩37.47 Billion	31.39%
Other Components	₩81.92 Billion	68.61%
Total Equity	₩119.39 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
Routon Electronic Co Ltd SHG:600355	$41.76 Million
Vrancart Adjud RO:VNC	$41.77 Million
TWL Holdings Bhd KLSE:7079	$41.79 Million
Pamel Yenilenebilir Elektrik Uretim AS IS:PAMEL	$41.79 Million
Trimitra Prawara Goldland Tbk Pt JK:ATAP	$41.75 Million
Goodyear (Thailand) Public Company Limited BK:GYT	$41.75 Million
Greattown Holdings Ltd B SHG:900940	$41.73 Million
Jia Jie Biomedical Co Ltd TWO:4109	$41.71 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 2024 to 2025, total equity changed from 106,151,063,030 to 119,391,376,410, a change of 13,240,313,380 (12.5%).
Net income of 1,242,566,440 contributed positively to equity growth.
Dividend payments of 1,621,379,000 reduced retained earnings.
Other factors increased equity by 13,619,125,940.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩1.24 Billion	+1.04%
Dividends Paid	₩1.62 Billion	-1.36%
Other Changes	₩13.62 Billion	+11.41%
Total Change	₩-	12.47%

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: 0.52x
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 1.03x to 0.52x 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	₩1900.00	x
2018-12-31	₩1776.19	₩1900.00	x
2019-12-31	₩1448.35	₩1900.00	x
2020-12-31	₩1370.62	₩1900.00	x
2021-12-31	₩1710.83	₩1900.00	x
2022-12-31	₩2607.77	₩1900.00	x
2023-12-31	₩2926.93	₩1900.00	x
2024-12-31	₩3273.48	₩1900.00	x
2025-12-31	₩3681.78	₩1900.00	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): 1.04%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.07%
• Asset Turnover: 2.94x
• Equity Multiplier: 4.95x
Recent ROE (1.04%) is below the historical average (2.06%), suggesting potential challenges in 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
2025	1.04%	0.07%	2.94x	4.95x	₩-10.70 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: $785,715,498,647
Average return on equity (ROE) among peers: 5.18%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Duck Yang Ind (024900)	₩115.23 Billion	7.48%	4.25x	$41.75 Million
Hankook Tire Worldwide (000240)	$4.45 Trillion	7.88%	0.15x	$1.58 Billion
Daewonkangup (000430)	$570.72 Billion	3.05%	0.90x	$206.93 Million
SG Choongbang Co Ltd (001380)	$82.23 Billion	0.00%	0.26x	$36.26 Million
Tae Won Mulsan (001420)	$31.62 Billion	-0.08%	0.21x	$14.88 Million
Dongkook Ind (001620)	$68.82 Billion	0.00%	0.64x	$162.53 Million
PS Tec. Co. Ltd (002230)	$55.84 Billion	6.96%	0.18x	$55.82 Million
Nexen Tire (002350)	$1.60 Trillion	-1.74%	1.47x	$364.29 Million
Nexen Tire Prf 1 (002355)	$797.00 Billion	15.39%	1.89x	$17.36 Million
Dayou A-Tech (002880)	$52.20 Billion	11.76%	2.72x	$108.06 Million
Yoo Sung Ent (002920)	$149.62 Billion	8.63%	0.38x	$32.40 Million

About Duck Yang Ind

KO:024900 Korea Auto Parts

Market Cap

$41.75 Million

₩61.61 Billion KRW

Market Cap Rank

#22668 Global

#1469 in Korea

Share Price

₩1900.00

Change (1 day)

-4.52%

52-Week Range

₩1662.00 - ₩2415.00

All Time High

₩10229.79