Daesung Ind (128820) - Net Assets

Latest as of June 2026: ₩651.66 Billion KRW ≈ $441.62 Million USD

Based on the latest financial reports, Daesung Ind (128820) has net assets worth ₩651.66 Billion KRW (≈ $441.62 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.76 Trillion ≈ $1.19 Billion USD) and total liabilities (₩1.11 Trillion ≈ $750.65 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 Ind (128820) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩651.66 Billion
% of Total Assets	37.04%
Annual Growth Rate	-0.08%
5-Year Change	40.26%
10-Year Change	826.18%
Growth Volatility	208.6

Daesung Ind - Net Assets Trend (2010–2025)

This chart illustrates how Daesung Ind's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 128820 stock market capitalisation.

Annual Net Assets for Daesung Ind (2010–2025)

The table below shows the annual net assets of Daesung Ind from 2010 to 2025. Also explore Daesung Ind net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	₩646.43 Billion ≈ $438.08 Million	+4.23%
2024-12-31	₩620.23 Billion ≈ $420.32 Million	+1.09%
2023-12-31	₩613.55 Billion ≈ $415.80 Million	-2.16%
2022-12-31	₩627.08 Billion ≈ $424.96 Million	+36.06%
2021-12-31	₩460.89 Billion ≈ $312.34 Million	-5.17%
2020-12-31	₩486.01 Billion ≈ $329.36 Million	+25.48%
2019-12-31	₩387.31 Billion ≈ $262.47 Million	-14.19%
2018-12-31	₩451.37 Billion ≈ $305.89 Million	+11.84%
2017-12-31	₩403.60 Billion ≈ $273.51 Million	+478.26%
2016-12-31	₩69.80 Billion ≈ $47.30 Million	-40.15%
2015-12-31	₩116.62 Billion ≈ $79.03 Million	+696.30%
2014-12-31	₩14.64 Billion ≈ $9.92 Million	-96.69%
2013-12-31	₩442.95 Billion ≈ $300.18 Million	-27.80%
2012-12-31	₩613.48 Billion ≈ $415.74 Million	-13.11%
2011-12-31	₩706.03 Billion ≈ $478.47 Million	+7.89%
2010-12-31	₩654.40 Billion ≈ $443.48 Million	--

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 54106412663000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩541.06 Billion	86.50%
Other Components	₩84.47 Billion	13.50%
Total Equity	₩625.53 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
KGL Resources Ltd AU:KGL	$106.36 Million
Bogota Financial Corp NASDAQ:BSBK	$106.38 Million
Sunfon Construction Co Ltd TWO:5514	$106.39 Million
Prime Securities Limited NSE:PRIMESECU	$106.39 Million
icad inc NASDAQ:ICAD	$106.31 Million
Kalray SA PA:ALKAL	$106.25 Million
Chung Lien Transportation Co Ltd TWO:5604	$106.25 Million
Lhyfe SA PA:LHYFE	$106.24 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 2024 to 2025, total equity changed from 600,669,603,750 to 625,532,156,350, a change of 24,862,552,600 (4.1%).
Net loss of 60,895,870,840 reduced equity.
Other factors increased equity by 85,758,423,440.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-60.90 Billion	-9.74%
Other Changes	₩85.76 Billion	+13.71%
Total Change	₩-	4.14%

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: 0.24x
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	₩12954.88	₩4055.00	x
2018-12-31	₩14334.64	₩4055.00	x
2019-12-31	₩12384.54	₩4055.00	x
2020-12-31	₩14351.31	₩4055.00	x
2021-12-31	₩12636.73	₩4055.00	x
2022-12-31	₩16329.13	₩4055.00	x
2023-12-31	₩15906.00	₩4055.00	x
2024-12-31	₩15517.45	₩4055.00	x
2025-12-31	₩16608.75	₩4055.00	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): -9.74%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.89%
• Asset Turnover: 0.90x
• Equity Multiplier: 2.78x
Recent ROE (-9.74%) is above the historical average (-319.97%), 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
2025	-9.74%	-3.89%	0.90x	2.78x	₩-123.45 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: $3,386,087,550,209
Average return on equity (ROE) among peers: 9.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Daesung Ind (128820)	₩651.66 Billion	1.93%	1.70x	$106.34 Million
Hankook Shell Oil (002960)	$96.85 Billion	32.23%	0.31x	$447.54 Million
Mi Chang Oil (003650)	$412.51 Billion	12.76%	0.19x	$129.29 Million
SK Discovery Co Ltd (006120)	$741.36 Billion	3.28%	3.66x	$666.93 Million
SK Discovery Co Ltd (006125)	$3.07 Trillion	6.94%	1.24x	$35.14 Million
S-Oil Corp (010950)	$1.35 Trillion	0.31%	3.04x	$11.77 Billion
S-Oil Corp Pref (010955)	$8.70 Trillion	-2.22%	1.81x	$205.73 Million
The LEADCORP Inc (012700)	$215.88 Billion	18.06%	1.96x	$50.13 Million
E1 Corporation (017940)	$1.70 Trillion	12.55%	1.71x	$366.35 Million
Sk Gas (018670)	$666.56 Billion	6.73%	1.73x	$1.46 Billion
SK Innovation (096770)	$16.92 Trillion	4.26%	1.09x	$15.86 Billion

About Daesung Ind

KO:128820 Korea Oil & Gas Refining & Marketing

Market Cap

$106.34 Million

₩156.92 Billion KRW

Market Cap Rank

#19076 Global

#921 in Korea

Share Price

₩4055.00

Change (1 day)

+0.75%

52-Week Range

₩3700.00 - ₩11810.00

All Time High

₩17100.00