Doosan Heavy Ind. & Const.
Doosan Enerbility Co., Ltd. operates as an energy company in South Korea, the Americas, Asia, the Middle East, Europe, and internationally. The company offers on/offshore wind turbines, gas turbines and related services, small modular reactors, and energy storage systems; nuclear reactors and internal structures, steam generators, nuclear reactor coolant pumps, pressurizers, head assembly, fuel h… Read more
Doosan Heavy Ind. & Const. (034020) - Net Assets
Latest net assets as of September 2025: ₩11.87 Trillion KRW
Based on the latest financial reports, Doosan Heavy Ind. & Const. (034020) has net assets worth ₩11.87 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩27.03 Trillion) and total liabilities (₩15.16 Trillion). 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 | ₩11.87 Trillion |
| % of Total Assets | 43.9% |
| Annual Growth Rate | 8.35% |
| 5-Year Change | 64.09% |
| 10-Year Change | 65.97% |
| Growth Volatility | 21.92 |
Doosan Heavy Ind. & Const. - Net Assets Trend (2000–2024)
This chart illustrates how Doosan Heavy Ind. & Const.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Doosan Heavy Ind. & Const. (2000–2024)
The table below shows the annual net assets of Doosan Heavy Ind. & Const. from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩11.66 Trillion | +7.56% |
| 2023-12-31 | ₩10.84 Trillion | +7.55% |
| 2022-12-31 | ₩10.08 Trillion | +14.45% |
| 2021-12-31 | ₩8.81 Trillion | +23.94% |
| 2020-12-31 | ₩7.11 Trillion | +14.58% |
| 2019-12-31 | ₩6.20 Trillion | -0.26% |
| 2018-12-31 | ₩6.22 Trillion | -5.29% |
| 2017-12-31 | ₩6.57 Trillion | -3.77% |
| 2016-12-31 | ₩6.82 Trillion | -2.89% |
| 2015-12-31 | ₩7.03 Trillion | -8.48% |
| 2014-12-31 | ₩7.68 Trillion | -2.97% |
| 2013-12-31 | ₩7.91 Trillion | +75.44% |
| 2012-12-31 | ₩4.51 Trillion | -5.99% |
| 2011-12-31 | ₩4.80 Trillion | -16.94% |
| 2010-12-31 | ₩5.78 Trillion | +6.66% |
| 2009-12-31 | ₩5.41 Trillion | -7.18% |
| 2008-12-31 | ₩5.83 Trillion | +63.66% |
| 2007-12-31 | ₩3.56 Trillion | +15.56% |
| 2006-12-31 | ₩3.08 Trillion | +6.40% |
| 2005-12-31 | ₩2.90 Trillion | +25.54% |
| 2004-12-31 | ₩2.31 Trillion | +40.15% |
| 2003-12-31 | ₩1.65 Trillion | -5.91% |
| 2002-12-31 | ₩1.75 Trillion | +5.93% |
| 2001-12-31 | ₩1.65 Trillion | -2.78% |
| 2000-12-31 | ₩1.70 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Doosan Heavy Ind. & Const.'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 139444800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.39 Trillion | 18.60% |
| Other Components | ₩6.10 Trillion | 81.40% |
| Total Equity | ₩7.50 Trillion | 100.00% |
Doosan Heavy Ind. & Const. Competitors by Market Cap
The table below lists competitors of Doosan Heavy Ind. & Const. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sungrow Power Supply Co Ltd
SHE:300274
|
$32.02 Billion |
|
GE HealthCare Technologies Inc.
NASDAQ:GEHC
|
$32.05 Billion |
|
EMCOR Group Inc
NYSE:EME
|
$32.07 Billion |
|
Arch Capital Group Ltd
NASDAQ:ACGL
|
$32.16 Billion |
|
Hershey Co
NYSE:HSY
|
$31.93 Billion |
|
State Street Corp
NYSE:STT
|
$31.73 Billion |
|
Carnival Corporation
NYSE:CCL
|
$31.73 Billion |
|
Ferrovial SE
NASDAQ:FER
|
$31.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Doosan Heavy Ind. & Const.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,117,370,971,390 to 7,496,562,000,000, a change of 379,191,028,610 (5.3%).
- Net income of 111,365,000,000 contributed positively to equity growth.
- Dividend payments of 86,314,000,000 reduced retained earnings.
- Share repurchases of 64,845,000,000 reduced equity.
- Other factors increased equity by 418,985,028,610.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩111.36 Billion | +1.49% |
| Dividends Paid | ₩86.31 Billion | -1.15% |
| Share Repurchases | ₩64.84 Billion | -0.86% |
| Other Changes | ₩418.99 Billion | +5.59% |
| Total Change | ₩- | 5.33% |
Book Value vs Market Value Analysis
This analysis compares Doosan Heavy Ind. & Const.'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: 9.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.03x to 9.03x 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 | ₩26239.32 | ₩105700.00 | x |
| 2018-12-31 | ₩19750.19 | ₩105700.00 | x |
| 2019-12-31 | ₩11879.14 | ₩105700.00 | x |
| 2020-12-31 | ₩8510.92 | ₩105700.00 | x |
| 2021-12-31 | ₩11217.94 | ₩105700.00 | x |
| 2022-12-31 | ₩11145.63 | ₩105700.00 | x |
| 2023-12-31 | ₩11112.82 | ₩105700.00 | x |
| 2024-12-31 | ₩11704.87 | ₩105700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Doosan Heavy Ind. & Const. 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): 1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.69%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.51x
- Recent ROE (1.49%) is above the historical average (-2.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 1.94% | 0.92% | 0.75x | 2.83x | ₩-119.15 Billion |
| 2002 | 4.51% | 2.11% | 0.94x | 2.27x | ₩-91.07 Billion |
| 2003 | 1.51% | 0.83% | 0.77x | 2.37x | ₩-134.34 Billion |
| 2004 | 9.10% | 3.41% | 0.78x | 3.43x | ₩-16.52 Billion |
| 2005 | 8.28% | 1.94% | 0.83x | 5.13x | ₩-34.11 Billion |
| 2006 | 3.47% | 0.63% | 0.87x | 6.29x | ₩-129.66 Billion |
| 2007 | 13.48% | 2.43% | 0.83x | 6.69x | ₩80.21 Billion |
| 2010 | 3.36% | 0.58% | 0.70x | 8.29x | ₩-233.33 Billion |
| 2011 | 5.76% | 3.23% | 0.63x | 2.85x | ₩-202.28 Billion |
| 2012 | 0.84% | 0.40% | 0.71x | 3.00x | ₩-412.55 Billion |
| 2013 | 1.46% | 0.36% | 0.69x | 5.87x | ₩-403.44 Billion |
| 2014 | -2.03% | -0.52% | 0.66x | 5.91x | ₩-560.62 Billion |
| 2015 | -29.55% | -7.18% | 0.53x | 7.76x | ₩-1.39 Trillion |
| 2016 | -4.91% | -1.23% | 0.56x | 7.14x | ₩-518.32 Billion |
| 2017 | -8.62% | -2.01% | 0.58x | 7.37x | ₩-630.72 Billion |
| 2018 | -18.67% | -3.55% | 0.59x | 8.85x | ₩-804.28 Billion |
| 2019 | -15.43% | -2.52% | 0.63x | 9.68x | ₩-651.51 Billion |
| 2020 | -33.55% | -7.07% | 0.59x | 8.02x | ₩-1.39 Trillion |
| 2021 | 8.13% | 4.39% | 0.48x | 3.89x | ₩-113.87 Billion |
| 2022 | -10.86% | -5.01% | 0.67x | 3.24x | ₩-1.48 Trillion |
| 2023 | 0.78% | 0.32% | 0.71x | 3.46x | ₩-656.14 Billion |
| 2024 | 1.49% | 0.69% | 0.62x | 3.51x | ₩-638.29 Billion |
Industry Comparison
This section compares Doosan Heavy Ind. & Const.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $592,865,999,822
- Average return on equity (ROE) among peers: 3.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Doosan Heavy Ind. & Const. (034020) | ₩11.87 Trillion | 1.94% | 1.28x | $31.95 Billion |
| Hwacheon Mac (000850) | $94.82 Billion | 2.31% | 1.29x | $28.24 Million |
| Daidong Elec (008110) | $114.18 Billion | 6.95% | 0.39x | $11.34 Million |
| Booster Co. Ltd (008470) | $71.00 Billion | 4.21% | 0.21x | $7.52 Million |
| Simpac (009160) | $463.99 Billion | 7.36% | 0.59x | $72.35 Million |
| Kyung Dong Navien Co Ltd (009450) | $348.16 Billion | 11.96% | 1.11x | $255.33 Million |
| Korea Refract (010040) | $25.31 Billion | -5.89% | 3.13x | $5.98 Million |
| Hwacheon Machi (010660) | $125.81 Billion | 4.28% | 0.24x | $43.29 Million |
| Han Shin Mach (011700) | $79.82 Billion | 4.19% | 0.14x | $87.70 Million |
| STX Corporation (011810) | $4.26 Trillion | 0.71% | 4.58x | $45.77 Million |
| Hy-Lok Corporation (013030) | $341.52 Billion | 3.77% | 0.12x | $173.07 Million |