Daesung Ind
Daesung Industrial Co., Ltd. engages in distribution of energy and other businesses worldwide. The company supplies electricity, cooling, and heating; renewable energy; measuring instruments and pressure regulators; detergents, peroxide, and cleaning products; automated parts and machineries, including hydraulic and pneumatic equipment, reducer, and robot system. It also manufactures and supplies… Read more
Daesung Ind (128820) - Net Assets
Latest net assets as of September 2025: ₩607.28 Billion KRW
Based on the latest financial reports, Daesung Ind (128820) has net assets worth ₩607.28 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 (₩1.66 Trillion) and total liabilities (₩1.05 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 | ₩607.28 Billion |
| % of Total Assets | 36.69% |
| Annual Growth Rate | -0.38% |
| 5-Year Change | 27.61% |
| 10-Year Change | 431.86% |
| Growth Volatility | 215.13 |
Daesung Ind - Net Assets Trend (2010–2024)
This chart illustrates how Daesung Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daesung Ind (2010–2024)
The table below shows the annual net assets of Daesung Ind from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩620.23 Billion | +1.09% |
| 2023-12-31 | ₩613.55 Billion | -2.16% |
| 2022-12-31 | ₩627.08 Billion | +36.06% |
| 2021-12-31 | ₩460.89 Billion | -5.17% |
| 2020-12-31 | ₩486.01 Billion | +25.48% |
| 2019-12-31 | ₩387.31 Billion | -14.19% |
| 2018-12-31 | ₩451.37 Billion | +11.84% |
| 2017-12-31 | ₩403.60 Billion | +478.26% |
| 2016-12-31 | ₩69.80 Billion | -40.15% |
| 2015-12-31 | ₩116.62 Billion | +696.30% |
| 2014-12-31 | ₩14.64 Billion | -96.69% |
| 2013-12-31 | ₩442.95 Billion | -27.80% |
| 2012-12-31 | ₩613.48 Billion | -13.11% |
| 2011-12-31 | ₩706.03 Billion | +7.89% |
| 2010-12-31 | ₩654.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daesung Ind'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 32903592820000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩329.04 Billion | 54.78% |
| Other Components | ₩271.63 Billion | 45.22% |
| Total Equity | ₩600.67 Billion | 100.00% |
Daesung Ind Competitors by Market Cap
The table below lists competitors of Daesung Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thejo Engineering Limited
NSE:THEJO
|
$103.49 Million |
|
Vivotek Inc
TW:3454
|
$103.53 Million |
|
Carasent ASA
ST:CARA
|
$103.55 Million |
|
Daedong Ind
KO:000490
|
$103.59 Million |
|
Surteco Group SE
XETRA:SUR
|
$103.45 Million |
|
GRM Overseas Limited
NSE:GRMOVER
|
$103.45 Million |
|
Orrön Energy AB (publ)
ST:ORRON
|
$103.43 Million |
|
Hana Technology Co. Ltd
KQ:299030
|
$103.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daesung Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 595,848,541,860 to 600,669,603,750, a change of 4,821,061,890 (0.8%).
- Net income of 6,457,959,970 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.46 Billion | +1.08% |
| Other Changes | ₩-1.64 Billion | -0.27% |
| Total Change | ₩- | 0.81% |
Book Value vs Market Value Analysis
This analysis compares Daesung Ind'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: 0.51x
- 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 0.63x to 0.51x 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 | ₩12954.88 | ₩8140.00 | x |
| 2018-12-31 | ₩14334.64 | ₩8140.00 | x |
| 2019-12-31 | ₩12384.54 | ₩8140.00 | x |
| 2020-12-31 | ₩14351.31 | ₩8140.00 | x |
| 2021-12-31 | ₩12636.73 | ₩8140.00 | x |
| 2022-12-31 | ₩16329.13 | ₩8140.00 | x |
| 2023-12-31 | ₩15906.00 | ₩8140.00 | x |
| 2024-12-31 | ₩16034.70 | ₩8140.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daesung Ind 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): 1.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.44%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.81x
- Recent ROE (1.08%) is above the historical average (-343.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 1.93% | 2.01% | 0.31x | 3.11x | ₩-52.79 Billion |
| 2013 | -69.87% | -22.53% | 0.60x | 5.18x | ₩-350.06 Billion |
| 2014 | -3651.90% | -36.70% | 0.60x | 165.81x | ₩-413.18 Billion |
| 2015 | -580.89% | -14.77% | 0.79x | 49.65x | ₩-128.09 Billion |
| 2016 | -199.93% | -17.11% | 0.82x | 14.16x | ₩-140.67 Billion |
| 2017 | 53.58% | 25.61% | 0.81x | 2.59x | ₩187.54 Billion |
| 2018 | -1.88% | -0.95% | 0.87x | 2.29x | ₩-56.58 Billion |
| 2019 | -15.24% | -7.23% | 0.84x | 2.50x | ₩-104.11 Billion |
| 2020 | 9.61% | 5.74% | 0.77x | 2.18x | ₩-1.97 Billion |
| 2021 | -13.31% | -5.40% | 0.68x | 3.61x | ₩-106.75 Billion |
| 2022 | -1.94% | -0.64% | 1.03x | 2.98x | ₩-73.05 Billion |
| 2023 | -1.06% | -0.39% | 0.93x | 2.91x | ₩-65.91 Billion |
| 2024 | 1.08% | 0.44% | 0.88x | 2.81x | ₩-53.61 Billion |
Industry Comparison
This section compares Daesung Ind's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $5,990,271,669,181
- Average return on equity (ROE) among peers: 7.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daesung Ind (128820) | ₩607.28 Billion | 1.93% | 1.73x | $103.47 Million |
| Hankook Shell Oil (002960) | $97.92 Billion | 21.47% | 0.44x | $219.64 Million |
| Mi Chang Oil (003650) | $112.81 Billion | 22.40% | 0.47x | $49.79 Million |
| SK Discovery Co Ltd (006125) | $2.32 Trillion | 7.76% | 1.15x | $250.89 Million |
| S-Oil Corp (010950) | $1.35 Trillion | 0.31% | 3.04x | $3.25 Billion |
| The LEADCORP Inc (012700) | $48.25 Billion | 0.00% | 0.63x | $30.23 Million |
| E1 Corporation (017940) | $1.20 Trillion | -3.59% | 1.99x | $179.61 Million |
| Sk Gas (018670) | $1.71 Trillion | 9.95% | 1.38x | $354.68 Million |
| SK Innovation (096770) | $17.05 Trillion | 4.72% | 0.84x | $5.21 Billion |
| SK Innovation Co Ltd Pref (096775) | $30.02 Trillion | 0.85% | 1.69x | $3.30 Billion |