Dongyang Piston Co Ltd (092780) - Net Assets
Based on the latest financial reports, Dongyang Piston Co Ltd (092780) has net assets worth ₩139.25 Billion KRW (≈ $94.37 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 (₩423.12 Billion ≈ $286.74 Million USD) and total liabilities (₩283.87 Billion ≈ $192.37 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 tangible is Dongyang Piston Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩139.25 Billion |
| % of Total Assets | 32.91% |
| Annual Growth Rate | 10.91% |
| 5-Year Change | 47.22% |
| 10-Year Change | N/A |
| Growth Volatility | 13.91 |
Dongyang Piston Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Dongyang Piston Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Dongyang Piston Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dongyang Piston Co Ltd (2016–2024)
The table below shows the annual net assets of Dongyang Piston Co Ltd from 2016 to 2024. For live valuation and market cap data, see 092780 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩140.71 Billion ≈ $95.36 Million |
+12.44% |
| 2023-12-31 | ₩125.14 Billion ≈ $84.81 Million |
+0.50% |
| 2022-12-31 | ₩124.53 Billion ≈ $84.39 Million |
+9.93% |
| 2021-12-31 | ₩113.28 Billion ≈ $76.77 Million |
+18.52% |
| 2020-12-31 | ₩95.58 Billion ≈ $64.77 Million |
-11.66% |
| 2019-12-31 | ₩108.20 Billion ≈ $73.32 Million |
+13.27% |
| 2018-12-31 | ₩95.52 Billion ≈ $64.73 Million |
+10.69% |
| 2017-12-31 | ₩86.30 Billion ≈ $58.48 Million |
+40.40% |
| 2016-12-31 | ₩61.46 Billion ≈ $41.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dongyang Piston Co Ltd'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 90.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩94.07 Billion | 68.42% |
| Other Components | ₩43.42 Billion | 31.58% |
| Total Equity | ₩137.49 Billion | 100.00% |
Dongyang Piston Co Ltd Competitors by Market Cap
The table below lists competitors of Dongyang Piston Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panorama Sentrawisata Tbk
JK:PANR
|
$35.12 Million |
|
Tower Real Estate Investment Trust
KLSE:5111
|
$35.12 Million |
|
Nova MSC Bhd
KLSE:0026
|
$35.14 Million |
|
Greenland Mines Ltd
NASDAQ:GRML
|
$35.16 Million |
|
CLOUDR GROUP LTD.
F:H3L
|
$35.10 Million |
|
ABVC Biopharma Inc
NASDAQ:ABVC
|
$35.10 Million |
|
MERUS POWER OYJ EO 1
F:99H
|
$35.09 Million |
|
HI SPAC 3
KQ:217500
|
$35.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongyang Piston Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,123,969,220 to 137,487,392,540, a change of 15,363,423,320 (12.6%).
- Net income of 8,484,750,810 contributed positively to equity growth.
- Dividend payments of 1,262,093,000 reduced retained earnings.
- Other factors increased equity by 8,140,765,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.48 Billion | +6.17% |
| Dividends Paid | ₩1.26 Billion | -0.92% |
| Other Changes | ₩8.14 Billion | +5.92% |
| Total Change | ₩- | 12.58% |
Book Value vs Market Value Analysis
This analysis compares Dongyang Piston Co Ltd'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: 0.38x
- 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 0.64x to 0.38x 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 | ₩6435.73 | ₩4105.00 | x |
| 2018-12-31 | ₩7246.27 | ₩4105.00 | x |
| 2019-12-31 | ₩8393.48 | ₩4105.00 | x |
| 2020-12-31 | ₩7449.73 | ₩4105.00 | x |
| 2021-12-31 | ₩8405.62 | ₩4105.00 | x |
| 2022-12-31 | ₩9238.50 | ₩4105.00 | x |
| 2023-12-31 | ₩9554.89 | ₩4105.00 | x |
| 2024-12-31 | ₩10893.60 | ₩4105.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongyang Piston Co Ltd 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): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.97%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 3.01x
- Recent ROE (6.17%) is below the historical average (6.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.23% | 3.07% | 1.05x | 4.74x | ₩3.14 Billion |
| 2017 | 10.84% | 3.12% | 0.99x | 3.52x | ₩714.07 Million |
| 2018 | 12.26% | 3.46% | 1.05x | 3.39x | ₩2.12 Billion |
| 2019 | 9.15% | 2.66% | 1.04x | 3.30x | ₩-898.42 Million |
| 2020 | -7.79% | -2.26% | 0.93x | 3.71x | ₩-16.60 Billion |
| 2021 | 6.69% | 2.09% | 0.98x | 3.28x | ₩-3.66 Billion |
| 2022 | 2.15% | 0.66% | 1.06x | 3.08x | ₩-9.56 Billion |
| 2023 | 6.25% | 1.81% | 1.13x | 3.05x | ₩-4.58 Billion |
| 2024 | 6.17% | 1.97% | 1.04x | 3.01x | ₩-5.26 Billion |
Industry Comparison
This section compares Dongyang Piston Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $652,001,277,004
- Average return on equity (ROE) among peers: 7.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongyang Piston Co Ltd (092780) | ₩139.25 Billion | 15.23% | 2.04x | $35.11 Million |
| Hankook Tire Worldwide (000240) | $3.00 Trillion | 5.66% | 0.09x | $1.58 Billion |
| Daewonkangup (000430) | $490.61 Billion | 2.53% | 1.34x | $194.75 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $44.95 Million |
| Tae Won Mulsan (001420) | $31.38 Billion | 2.60% | 0.35x | $11.85 Million |
| Dongkook Ind (001620) | $268.05 Billion | 11.77% | 2.22x | $182.52 Million |
| PS Tec. Co. Ltd (002230) | $101.46 Billion | 24.27% | 0.32x | $61.14 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $464.65 Million |
| Nexen Tire Prf 1 (002355) | $933.36 Billion | 13.77% | 1.71x | $17.93 Million |
| Dayou A-Tech (002880) | $203.50 Billion | 0.00% | 3.17x | $26.24 Million |
| Yoo Sung Ent (002920) | $168.22 Billion | 0.00% | 0.38x | $31.08 Million |
About Dongyang Piston Co Ltd
DYP Co.,Ltd, together with its subsidiaries, manufactures and sells automobile parts in South Korea and internationally. It offers compact pistons for gasoline, diesel, LPI, and hybrid engines used in passenger cars and SUVs; mid-size pistons for diesel and natural gas engines used in vans, mini buses, compact trucks, and buses; and large-size pistons for gasoline engines used in medium and heavy… Read more