Dongsung Corporation

KO:102260 Korea Chemicals
Market Cap
$136.41 Million
₩199.73 Billion KRW
Market Cap Rank
#19264 Global
#759 in Korea
Share Price
₩4060.00
Change (1 day)
+0.25%
52-Week Range
₩3535.00 - ₩4720.00
All Time High
₩5918.54
Categories
Companies in Korea Chemicals
About

Dongsung Chemical Co., Ltd. manufactures and sells chemical products in South Korea and internationally. The company offers molding, adhesive, and automobile TPU products for automobile, footwear, construction, and leisure industries; polyurethane resin, a shoe material; polyurethane resin for processing is highly elastic and forms; melamine foams; industrial and functional polyurethane resins; p… Read more

Dongsung Corporation (102260) - Net Assets

Latest net assets as of September 2025: ₩617.06 Billion KRW

Based on the latest financial reports, Dongsung Corporation (102260) has net assets worth ₩617.06 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 (₩1.09 Trillion) and total liabilities (₩473.68 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 ₩617.06 Billion
% of Total Assets 56.57%
Annual Growth Rate 9.08%
5-Year Change 39.69%
10-Year Change 49.76%
Growth Volatility 8.39

Dongsung Corporation - Net Assets Trend (2008–2024)

This chart illustrates how Dongsung Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Dongsung Corporation (2008–2024)

The table below shows the annual net assets of Dongsung Corporation from 2008 to 2024.

Year Net Assets Change
2024-12-31 ₩596.78 Billion +13.67%
2023-12-31 ₩525.00 Billion +7.36%
2022-12-31 ₩489.01 Billion +7.00%
2021-12-31 ₩457.00 Billion +6.97%
2020-12-31 ₩427.21 Billion +2.10%
2019-12-31 ₩418.43 Billion +4.43%
2018-12-31 ₩400.67 Billion -4.10%
2017-12-31 ₩417.81 Billion -5.18%
2016-12-31 ₩440.65 Billion +10.58%
2015-12-31 ₩398.50 Billion +5.34%
2014-12-31 ₩378.32 Billion +12.35%
2013-12-31 ₩336.74 Billion +9.83%
2012-12-31 ₩306.60 Billion +21.76%
2011-12-31 ₩251.80 Billion +20.33%
2010-12-31 ₩209.25 Billion +10.64%
2009-12-31 ₩189.13 Billion +27.28%
2008-12-31 ₩148.60 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Dongsung 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 grown by 18119341200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩181.19 Billion 40.81%
Other Components ₩262.79 Billion 59.19%
Total Equity ₩443.98 Billion 100.00%

Dongsung Corporation Competitors by Market Cap

The table below lists competitors of Dongsung Corporation ranked by their market capitalization.

Company Market Cap
Rock Tech Lithium Inc
OTCQX:RCKTF
 		$78.08 Million
Bridger Aerospace Group Holdings, Inc. Common Stock
NASDAQ:BAER
 		$78.09 Million
Iljin Power Co. Ltd
KQ:094820
 		$78.10 Million
Americanas S.A.
SA:AMER3
 		$78.12 Million
SiS Distribution (Thailand) Public Company Limited
BK:SIS
 		$78.03 Million
KG Eco Technology Services Co. Ltd
KQ:151860
 		$78.02 Million
Uniparts India Limited
NSE:UNIPARTS
 		$77.97 Million
SHOPER SPOL.A.A-C ZY 010
F:8FF
 		$77.97 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Dongsung Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 395,829,845,690 to 443,978,601,590, a change of 48,148,755,900 (12.2%).
  • Net income of 44,950,871,050 contributed positively to equity growth.
  • Dividend payments of 19,607,964,320 reduced retained earnings.
  • Other factors increased equity by 22,805,849,170.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩44.95 Billion +10.12%
Dividends Paid ₩19.61 Billion -4.42%
Other Changes ₩22.81 Billion +5.14%
Total Change ₩- 12.16%

Book Value vs Market Value Analysis

This analysis compares Dongsung 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: 0.45x
  • 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 0.60x to 0.45x 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 ₩6719.40 ₩4060.00 x
2018-12-31 ₩6428.42 ₩4060.00 x
2019-12-31 ₩6402.58 ₩4060.00 x
2020-12-31 ₩6288.06 ₩4060.00 x
2021-12-31 ₩6991.52 ₩4060.00 x
2022-12-31 ₩7735.26 ₩4060.00 x
2023-12-31 ₩7972.17 ₩4060.00 x
2024-12-31 ₩9025.17 ₩4060.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dongsung 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): 10.12%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.22%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 2.42x
  • Recent ROE (10.12%) is above the historical average (4.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 0.74% 0.17% 1.01x 4.27x ₩-11.35 Billion
2010 1.53% 0.37% 0.99x 4.17x ₩-10.38 Billion
2012 8.04% 2.27% 0.90x 3.93x ₩-3.61 Billion
2013 0.31% 0.07% 1.12x 3.77x ₩-18.91 Billion
2014 3.59% 0.80% 1.12x 3.99x ₩-13.01 Billion
2015 7.62% 2.33% 1.09x 3.01x ₩-6.34 Billion
2016 12.69% 4.39% 0.98x 2.95x ₩7.94 Billion
2017 3.32% 1.19% 0.97x 2.89x ₩-19.75 Billion
2018 -1.14% -0.40% 1.01x 2.86x ₩-31.50 Billion
2019 2.00% 0.66% 1.00x 3.02x ₩-22.53 Billion
2020 2.41% 0.76% 1.11x 2.88x ₩-20.99 Billion
2021 5.17% 1.93% 1.13x 2.36x ₩-16.76 Billion
2022 9.31% 3.07% 1.27x 2.39x ₩-2.60 Billion
2023 8.45% 3.37% 1.02x 2.45x ₩-6.13 Billion
2024 10.12% 4.22% 0.99x 2.42x ₩553.01 Million

Industry Comparison

This section compares Dongsung Corporation's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $1,252,997,989,292
  • Average return on equity (ROE) among peers: 8.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Dongsung Corporation (102260) ₩617.06 Billion 0.74% 0.77x $78.05 Million
Rifa Ind (000760) $181.15 Billion -1.86% 0.48x $8.66 Million
Kumyang (001570) $57.95 Billion 24.95% 1.85x $316.82 Million
Sh E & Chemical Co. Ltd. (002360) $94.10 Billion 1.96% 0.32x $20.38 Million
KCC Corporation (002380) $5.09 Trillion 4.87% 0.38x $1.65 Billion
Miwon Commerci (002840) $239.21 Billion 9.14% 0.38x $100.20 Million
Taekwang Ind (003240) $3.48 Trillion 3.91% 0.25x $160.16 Million
Lotte Fine Chemical Co Ltd (004000) $2.20 Trillion 26.63% 0.24x $496.67 Million
Dongjin Semichem Co. Ltd (005290) $133.88 Billion 0.00% 3.14x $1.06 Billion
Isu Chemical Co Ltd (005950) $279.30 Billion 6.94% 0.54x $85.98 Million
Korea Petro Chemical Ind (006650) $768.68 Billion 3.91% 0.65x $316.72 Million