Daesung Energy (117580) - Net Assets
Based on the latest financial reports, Daesung Energy (117580) has net assets worth ₩341.69 Billion KRW (≈ $231.56 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 (₩640.40 Billion ≈ $433.99 Million USD) and total liabilities (₩298.71 Billion ≈ $202.43 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 Daesung Energy asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩341.69 Billion |
| % of Total Assets | 53.36% |
| Annual Growth Rate | 3.52% |
| 5-Year Change | 4.6% |
| 10-Year Change | 15.32% |
| Growth Volatility | 5.85 |
Daesung Energy - Net Assets Trend (2007–2024)
This chart illustrates how Daesung Energy's net assets have evolved over time, based on quarterly financial data. Also explore how large is Daesung Energy's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Daesung Energy (2007–2024)
The table below shows the annual net assets of Daesung Energy from 2007 to 2024. For live valuation and market cap data, see 117580 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩328.88 Billion ≈ $222.88 Million |
+2.90% |
| 2023-12-31 | ₩319.60 Billion ≈ $216.59 Million |
+1.85% |
| 2022-12-31 | ₩313.79 Billion ≈ $212.65 Million |
-1.12% |
| 2021-12-31 | ₩317.34 Billion ≈ $215.06 Million |
+0.93% |
| 2020-12-31 | ₩314.41 Billion ≈ $213.07 Million |
+2.59% |
| 2019-12-31 | ₩306.48 Billion ≈ $207.69 Million |
+1.49% |
| 2018-12-31 | ₩301.99 Billion ≈ $204.65 Million |
+0.60% |
| 2017-12-31 | ₩300.18 Billion ≈ $203.43 Million |
+2.70% |
| 2016-12-31 | ₩292.30 Billion ≈ $198.09 Million |
+2.49% |
| 2015-12-31 | ₩285.19 Billion ≈ $193.27 Million |
+2.30% |
| 2014-12-31 | ₩278.76 Billion ≈ $188.91 Million |
+1.62% |
| 2013-12-31 | ₩274.33 Billion ≈ $185.91 Million |
+2.18% |
| 2012-12-31 | ₩268.49 Billion ≈ $181.95 Million |
+1.51% |
| 2011-12-31 | ₩264.50 Billion ≈ $179.25 Million |
+2.97% |
| 2010-12-31 | ₩256.88 Billion ≈ $174.09 Million |
+26.18% |
| 2009-12-31 | ₩203.58 Billion ≈ $137.97 Million |
+6.59% |
| 2008-12-31 | ₩191.00 Billion ≈ $129.44 Million |
+4.62% |
| 2007-12-31 | ₩182.56 Billion ≈ $123.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daesung Energy'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 2.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩98.00 Billion | 29.80% |
| Other Components | ₩230.88 Billion | 70.20% |
| Total Equity | ₩328.88 Billion | 100.00% |
Daesung Energy Competitors by Market Cap
The table below lists competitors of Daesung Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BF Investment Limited
NSE:BFINVEST
|
$169.44 Million |
|
Bogazici Beton Sanayi ve Ticaret AS
IS:BOBET
|
$169.45 Million |
|
NAU IB Capital
KQ:293580
|
$169.52 Million |
|
Central Hydropower JSC
VN:CHP
|
$169.52 Million |
|
ONWARD MEDICAL BV EO -12
F:63E
|
$169.27 Million |
|
6K Additive Inc
AU:6KA
|
$169.25 Million |
|
Indospring Tbk
JK:INDS
|
$169.20 Million |
|
Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S.
IS:GOKNR
|
$169.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daesung Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 319,603,451,080 to 328,882,817,120, a change of 9,279,366,040 (2.9%).
- Net income of 17,261,222,930 contributed positively to equity growth.
- Dividend payments of 6,798,636,500 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩17.26 Billion | +5.25% |
| Dividends Paid | ₩6.80 Billion | -2.07% |
| Other Changes | ₩-1.18 Billion | -0.36% |
| Total Change | ₩- | 2.90% |
Book Value vs Market Value Analysis
This analysis compares Daesung Energy'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: 0.76x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩10915.66 | ₩9190.00 | x |
| 2018-12-31 | ₩10981.48 | ₩9190.00 | x |
| 2019-12-31 | ₩11144.61 | ₩9190.00 | x |
| 2020-12-31 | ₩11433.13 | ₩9190.00 | x |
| 2021-12-31 | ₩11669.37 | ₩9190.00 | x |
| 2022-12-31 | ₩11538.84 | ₩9190.00 | x |
| 2023-12-31 | ₩11752.48 | ₩9190.00 | x |
| 2024-12-31 | ₩12093.71 | ₩9190.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daesung Energy 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): 5.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.73%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.42x
- Recent ROE (5.25%) is above the historical average (4.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 5.63% | 1.96% | 1.05x | 2.73x | ₩-7.99 Billion |
| 2008 | 8.31% | 2.65% | 1.15x | 2.73x | ₩-3.23 Billion |
| 2009 | 4.69% | 4.07% | 0.47x | 2.43x | ₩-10.81 Billion |
| 2010 | 8.75% | 2.89% | 1.38x | 2.19x | ₩-3.20 Billion |
| 2011 | 6.16% | 1.85% | 1.51x | 2.20x | ₩-10.16 Billion |
| 2012 | 4.77% | 1.31% | 1.52x | 2.40x | ₩-14.05 Billion |
| 2013 | 4.55% | 1.22% | 1.56x | 2.38x | ₩-14.95 Billion |
| 2014 | 4.55% | 1.19% | 1.56x | 2.45x | ₩-15.20 Billion |
| 2015 | 4.81% | 1.57% | 1.40x | 2.20x | ₩-14.79 Billion |
| 2016 | 4.78% | 1.89% | 1.19x | 2.13x | ₩-15.25 Billion |
| 2017 | 4.95% | 1.94% | 1.19x | 2.15x | ₩-15.17 Billion |
| 2018 | 4.27% | 1.67% | 1.18x | 2.17x | ₩-17.30 Billion |
| 2019 | 4.25% | 1.68% | 1.11x | 2.27x | ₩-17.61 Billion |
| 2020 | 4.49% | 1.90% | 1.06x | 2.23x | ₩-17.31 Billion |
| 2021 | 3.75% | 1.55% | 1.04x | 2.34x | ₩-19.82 Billion |
| 2022 | -0.24% | -0.07% | 1.22x | 2.66x | ₩-32.13 Billion |
| 2023 | 4.67% | 1.49% | 1.24x | 2.51x | ₩-17.02 Billion |
| 2024 | 5.25% | 1.73% | 1.25x | 2.42x | ₩-15.63 Billion |
Industry Comparison
This section compares Daesung Energy's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $695,423,986,188
- Average return on equity (ROE) among peers: 8.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daesung Energy (117580) | ₩341.69 Billion | 5.63% | 0.87x | $169.37 Million |
| Samchully (004690) | $839.93 Billion | 14.60% | 0.82x | $342.49 Million |
| Taekyung Chem (006890) | $163.78 Billion | 7.70% | 0.13x | $69.05 Million |
| Kyungdong Gas (012320) | $397.87 Billion | 6.86% | 0.49x | $97.52 Million |
| Yesco Holdings Co. Ltd (015360) | $607.71 Billion | 3.41% | 1.14x | $46.62 Million |
| Daesung Holdin (016710) | $129.56 Billion | 11.23% | 1.39x | $93.93 Million |
| Seoul City Gas (017390) | $336.24 Billion | 11.85% | 1.32x | $174.30 Million |
| Incheon City G (034590) | $191.40 Billion | 1.94% | 0.88x | $75.28 Million |
| Korea Gas Corporation (036460) | $3.53 Trillion | 6.94% | 2.48x | $2.31 Billion |
| GSE Co. Ltd (053050) | $62.69 Billion | 7.89% | 1.32x | $53.04 Million |
About Daesung Energy
Daesung Energy Co., Ltd. supplies natural gas primarily in South Korea. It develops and offers SolaWin system, a hybrid wind and solar system; solid refuse fuel systems; landfill gas; and community energy systems. It also operates compressed natural gas stations. It supplies natural gas to residential, commercial, and industrial customers. The company was founded in 1983 and is based in Daegu, So… Read more