Daesung Ind (128820) - Net Assets

Latest as of September 2025: ₩607.28 Billion KRW ≈ $411.55 Million USD

Based on the latest financial reports, Daesung Ind (128820) has net assets worth ₩607.28 Billion KRW (≈ $411.55 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 (₩1.66 Trillion ≈ $1.12 Billion USD) and total liabilities (₩1.05 Trillion ≈ $710.25 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 liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Daesung Ind for the complete picture of this company's asset base.

Annual Net Assets for Daesung Ind (2010–2024)

The table below shows the annual net assets of Daesung Ind from 2010 to 2024. For live valuation and market cap data, see Daesung Ind market capitalisation.

Year	Net Assets	Change
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 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
Sri Rejeki Isman(Sritex)PT JK:SRIL	$174.97 Million
Daehan Flour Mills Co Ltd KO:001130	$174.98 Million
Aplicaciones y Tratamiento de Sistemas S.A. MC:ATSI	$175.00 Million
Hind Rectifiers Limited NSE:HIRECT	$175.00 Million
Caribou Biosciences Inc NASDAQ:CRBU	$174.79 Million
Deutsche Konsum REIT AG XETRA:DKG	$174.78 Million
Universal Microelectronics Co Ltd TW:2413	$174.74 Million
DAE HWA Pharmaceutical Co. Ltd KQ:067080	$174.74 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: 0.44x
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 0.55x to 0.44x 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	₩7080.00	x
2018-12-31	₩14334.64	₩7080.00	x
2019-12-31	₩12384.54	₩7080.00	x
2020-12-31	₩14351.31	₩7080.00	x
2021-12-31	₩12636.73	₩7080.00	x
2022-12-31	₩16329.13	₩7080.00	x
2023-12-31	₩15906.00	₩7080.00	x
2024-12-31	₩16034.70	₩7080.00	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: $4,058,313,265,184
Average return on equity (ROE) among peers: 9.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Daesung Ind (128820)	₩607.28 Billion	1.93%	1.73x	$174.88 Million
Hankook Shell Oil (002960)	$97.92 Billion	21.47%	0.44x	$448.42 Million
Mi Chang Oil (003650)	$148.28 Billion	14.10%	0.31x	$128.27 Million
SK Discovery Co Ltd (006120)	$2.01 Trillion	-1.25%	1.77x	$648.37 Million
SK Discovery Co Ltd (006125)	$6.07 Trillion	3.15%	1.02x	$35.81 Million
S-Oil Corp (010950)	$6.39 Trillion	18.86%	1.18x	$10.26 Billion
S-Oil Corp Pref (010955)	$6.50 Trillion	1.01%	1.51x	$159.69 Million
The LEADCORP Inc (012700)	$148.03 Billion	17.60%	2.15x	$66.09 Million
E1 Corporation (017940)	$551.15 Billion	11.73%	2.38x	$424.34 Million
Sk Gas (018670)	$1.63 Trillion	4.25%	1.51x	$1.76 Billion
SK Innovation (096770)	$17.05 Trillion	4.72%	0.84x	$16.45 Billion

About Daesung Ind

KO:128820 Korea Oil & Gas Refining & Marketing

Market Cap

$174.88 Million

₩258.05 Billion KRW

Market Cap Rank

#17034 Global

#756 in Korea

Share Price

₩7080.00

Change (1 day)

-1.67%

52-Week Range

₩3410.00 - ₩11810.00

All Time High

₩17100.00