DAE-IL Corporation (092200) - Net Assets
Based on the latest financial reports, DAE-IL Corporation (092200) has net assets worth ₩177.08 Billion KRW (≈ $120.01 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩728.92 Billion ≈ $493.98 Million USD) and total liabilities (₩551.84 Billion ≈ $373.97 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 how resilient are DAE-IL Corporation's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩177.08 Billion |
| % of Total Assets | 24.29% |
| Annual Growth Rate | 3.49% |
| 5-Year Change | 147.18% |
| 10-Year Change | -0.54% |
| Growth Volatility | 28.69 |
DAE-IL Corporation - Net Assets Trend (2007–2024)
This chart illustrates how DAE-IL Corporation's net assets have evolved over time, based on quarterly financial data. Also explore total assets of DAE-IL Corporation for the complete picture of this company's asset base.
Annual Net Assets for DAE-IL Corporation (2007–2024)
The table below shows the annual net assets of DAE-IL Corporation from 2007 to 2024. For live valuation and market cap data, see 092200 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩174.61 Billion ≈ $118.33 Million |
+8.78% |
| 2023-12-31 | ₩160.52 Billion ≈ $108.78 Million |
+11.82% |
| 2022-12-31 | ₩143.55 Billion ≈ $97.28 Million |
+8.33% |
| 2021-12-31 | ₩132.52 Billion ≈ $89.81 Million |
+87.59% |
| 2020-12-31 | ₩70.64 Billion ≈ $47.87 Million |
-62.05% |
| 2019-12-31 | ₩186.13 Billion ≈ $126.14 Million |
-0.23% |
| 2018-12-31 | ₩186.56 Billion ≈ $126.43 Million |
-6.76% |
| 2017-12-31 | ₩200.08 Billion ≈ $135.59 Million |
-1.60% |
| 2016-12-31 | ₩203.35 Billion ≈ $137.80 Million |
+15.83% |
| 2015-12-31 | ₩175.55 Billion ≈ $118.97 Million |
+4.11% |
| 2014-12-31 | ₩168.62 Billion ≈ $114.27 Million |
-0.61% |
| 2013-12-31 | ₩169.66 Billion ≈ $114.98 Million |
+4.02% |
| 2012-12-31 | ₩163.11 Billion ≈ $110.54 Million |
-1.60% |
| 2011-12-31 | ₩165.75 Billion ≈ $112.33 Million |
+46.45% |
| 2010-12-31 | ₩113.18 Billion ≈ $76.70 Million |
+6.62% |
| 2009-12-31 | ₩106.15 Billion ≈ $71.94 Million |
-11.59% |
| 2008-12-31 | ₩120.06 Billion ≈ $81.36 Million |
+23.24% |
| 2007-12-31 | ₩97.42 Billion ≈ $66.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DAE-IL Corporation'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 1946735900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩168.72 Billion | 113.04% |
| Total Equity | ₩149.25 Billion | 100.00% |
DAE-IL Corporation Competitors by Market Cap
The table below lists competitors of DAE-IL Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wei Chuan Foods Corp
TW:1201
|
$199.30 Million |
|
WildBrain Ltd
TO:WILD
|
$199.36 Million |
|
Terra Metals Ltd
AU:TM1
|
$199.51 Million |
|
BBMG Corporation
F:9BM
|
$199.60 Million |
|
Veritone Inc
NASDAQ:VERI
|
$199.22 Million |
|
Montauk Renewables Inc
NASDAQ:MNTK
|
$199.16 Million |
|
Sif Holding NV
AS:SIFG
|
$199.06 Million |
|
Anika Therapeutics Inc
NASDAQ:ANIK
|
$199.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DAE-IL Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 134,192,171,270 to 149,248,653,770, a change of 15,056,482,500 (11.2%).
- Net income of 14,228,447,560 contributed positively to equity growth.
- Share repurchases of 5,494,761,270 reduced equity.
- Other factors increased equity by 6,322,796,210.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩14.23 Billion | +9.53% |
| Share Repurchases | ₩5.49 Billion | -3.68% |
| Other Changes | ₩6.32 Billion | +4.24% |
| Total Change | ₩- | 11.22% |
Book Value vs Market Value Analysis
This analysis compares DAE-IL Corporation'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: 1.97x
- 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 1.15x to 1.97x 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 | ₩6609.82 | ₩7590.00 | x |
| 2018-12-31 | ₩6045.40 | ₩7590.00 | x |
| 2019-12-31 | ₩3983.18 | ₩7590.00 | x |
| 2020-12-31 | ₩920.30 | ₩7590.00 | x |
| 2021-12-31 | ₩2400.48 | ₩7590.00 | x |
| 2022-12-31 | ₩2625.28 | ₩7590.00 | x |
| 2023-12-31 | ₩3463.39 | ₩7590.00 | x |
| 2024-12-31 | ₩3851.99 | ₩7590.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DAE-IL Corporation 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): 9.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.98%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 4.79x
- Recent ROE (9.53%) is above the historical average (-16.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 10.75% | 3.96% | 1.48x | 1.83x | ₩726.04 Million |
| 2008 | 3.65% | 1.63% | 1.00x | 2.23x | ₩-7.12 Billion |
| 2010 | 3.23% | 0.78% | 1.22x | 3.39x | ₩-6.91 Billion |
| 2011 | 3.01% | 0.82% | 0.98x | 3.72x | ₩-9.92 Billion |
| 2012 | 0.28% | 0.08% | 0.92x | 3.98x | ₩-13.34 Billion |
| 2013 | 1.47% | 0.42% | 0.91x | 3.87x | ₩-12.22 Billion |
| 2014 | 0.09% | 0.02% | 0.89x | 4.04x | ₩-13.83 Billion |
| 2015 | 7.02% | 2.00% | 0.89x | 3.97x | ₩-4.40 Billion |
| 2016 | 4.18% | 1.29% | 0.76x | 4.28x | ₩-9.98 Billion |
| 2017 | 0.82% | 0.21% | 0.76x | 4.98x | ₩-15.28 Billion |
| 2018 | -5.05% | -1.31% | 0.73x | 5.32x | ₩-22.91 Billion |
| 2019 | -33.46% | -9.60% | 0.69x | 5.05x | ₩-67.08 Billion |
| 2020 | -341.74% | -24.70% | 0.82x | 16.96x | ₩-125.42 Billion |
| 2021 | 31.15% | 4.91% | 0.94x | 6.76x | ₩19.67 Billion |
| 2022 | 2.99% | 0.44% | 1.07x | 6.37x | ₩-7.13 Billion |
| 2023 | 27.37% | 5.04% | 1.07x | 5.10x | ₩23.31 Billion |
| 2024 | 9.53% | 1.98% | 1.01x | 4.79x | ₩-696.42 Million |
Industry Comparison
This section compares DAE-IL Corporation's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $565,000,713,308
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DAE-IL Corporation (092200) | ₩177.08 Billion | 10.75% | 3.12x | $199.29 Million |
| Hankook Tire Worldwide (000240) | $1.77 Trillion | -1.14% | 2.04x | $1.60 Billion |
| Daewonkangup (000430) | $111.59 Billion | 3.26% | 1.76x | $183.40 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $15.16 Million |
| Dongkook Ind (001620) | $170.07 Billion | -12.97% | 2.34x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $42.65 Billion | 9.95% | 0.26x | $112.51 Million |
| Nexen Tire (002350) | $1.60 Trillion | 0.30% | 1.39x | $484.20 Million |
| Nexen Tire Prf 1 (002355) | $1.56 Trillion | 7.59% | 1.21x | $19.07 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $31.63 Million |
| Yoo Sung Ent (002920) | $289.11 Billion | 3.03% | 0.31x | $33.27 Million |
About DAE-IL Corporation
DAE-IL Corporation produces gears and shafts for power transmission devices in South Korea and internationally. It engages in the production, assembly, and supply transmission products for light passenger vehicles, 6-speed sun gears, 7-speed and 8-speed dual clutch transmissions, and electric vehicle reducers. The company also manufactures electric automobiles, motorcycles, and trucks. In additio… Read more