DSR Corp
DSR Corporation engages in the manufacture and sale of wires and wire ropes worldwide. It offers fiber ropes, slings/webbings, wire ropes, and wires for various applications, such as mooring, lifting, fishing, oil and gas, mining, leisure, logging, crane, automotive, general use, electronics, construction, agriculture, and consumer goods. The company was founded in 1940 and is headquartered in Bu… Read more
DSR Corp (155660) - Net Assets
Latest net assets as of September 2025: ₩242.35 Billion KRW
Based on the latest financial reports, DSR Corp (155660) has net assets worth ₩242.35 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 (₩364.01 Billion) and total liabilities (₩121.66 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 | ₩242.35 Billion |
| % of Total Assets | 66.58% |
| Annual Growth Rate | 7.5% |
| 5-Year Change | 43.72% |
| 10-Year Change | 91.57% |
| Growth Volatility | 2.51 |
DSR Corp - Net Assets Trend (2013–2024)
This chart illustrates how DSR Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DSR Corp (2013–2024)
The table below shows the annual net assets of DSR Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩234.20 Billion | +7.33% |
| 2023-12-31 | ₩218.20 Billion | +7.85% |
| 2022-12-31 | ₩202.33 Billion | +13.65% |
| 2021-12-31 | ₩178.02 Billion | +9.25% |
| 2020-12-31 | ₩162.95 Billion | +4.90% |
| 2019-12-31 | ₩155.34 Billion | +5.33% |
| 2018-12-31 | ₩147.48 Billion | +4.68% |
| 2017-12-31 | ₩140.88 Billion | +5.52% |
| 2016-12-31 | ₩133.51 Billion | +9.21% |
| 2015-12-31 | ₩122.25 Billion | +8.56% |
| 2014-12-31 | ₩112.62 Billion | +6.54% |
| 2013-12-31 | ₩105.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DSR Corp'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 151.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩205.26 Billion | 88.74% |
| Other Components | ₩26.04 Billion | 11.26% |
| Total Equity | ₩231.29 Billion | 100.00% |
DSR Corp Competitors by Market Cap
The table below lists competitors of DSR Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhongchao Inc
NASDAQ:ZCMD
|
$16.26 Million |
|
The FUTR Corporation
V:FTRC
|
$16.27 Million |
|
Uniphos Enterprises Limited
NSE:UNIENTER
|
$16.27 Million |
|
CVC Ltd
AU:CVC
|
$16.28 Million |
|
Thu Duc Housing Development Corp
VN:TDH
|
$16.25 Million |
|
Kisan Telecom Co. Ltd
KQ:035460
|
$16.25 Million |
|
Caspin Resources Ltd
AU:CPN
|
$16.25 Million |
|
Greenway Technologies Inc
PINK:GWTI
|
$16.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DSR Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 215,479,863,020 to 231,293,246,770, a change of 15,813,383,750 (7.3%).
- Net income of 14,544,326,240 contributed positively to equity growth.
- Dividend payments of 960,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩14.54 Billion | +6.29% |
| Dividends Paid | ₩960.00 Million | -0.42% |
| Other Changes | ₩2.23 Billion | +0.96% |
| Total Change | ₩- | 7.34% |
Book Value vs Market Value Analysis
This analysis compares DSR Corp'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: 0.28x
- 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 0.47x to 0.28x 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 | ₩8720.98 | ₩4095.00 | x |
| 2018-12-31 | ₩9126.51 | ₩4095.00 | x |
| 2019-12-31 | ₩9613.07 | ₩4095.00 | x |
| 2020-12-31 | ₩10086.55 | ₩4095.00 | x |
| 2021-12-31 | ₩10991.34 | ₩4095.00 | x |
| 2022-12-31 | ₩12479.59 | ₩4095.00 | x |
| 2023-12-31 | ₩13467.49 | ₩4095.00 | x |
| 2024-12-31 | ₩14455.83 | ₩4095.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DSR Corp 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): 6.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.85%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.57x
- Recent ROE (6.29%) is below the historical average (7.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.31% | 3.27% | 1.20x | 1.61x | ₩-3.85 Billion |
| 2014 | 6.10% | 3.08% | 1.20x | 1.65x | ₩-4.34 Billion |
| 2015 | 8.23% | 4.63% | 1.21x | 1.47x | ₩-2.13 Billion |
| 2016 | 8.14% | 5.34% | 1.03x | 1.48x | ₩-2.46 Billion |
| 2017 | 7.94% | 4.89% | 0.99x | 1.64x | ₩-2.88 Billion |
| 2018 | 5.42% | 3.35% | 1.05x | 1.54x | ₩-6.69 Billion |
| 2019 | 5.68% | 3.70% | 0.98x | 1.56x | ₩-6.64 Billion |
| 2020 | 5.53% | 3.87% | 0.91x | 1.57x | ₩-7.21 Billion |
| 2021 | 6.99% | 4.51% | 0.90x | 1.72x | ₩-5.30 Billion |
| 2022 | 12.03% | 6.54% | 1.01x | 1.83x | ₩4.06 Billion |
| 2023 | 8.11% | 6.01% | 0.85x | 1.59x | ₩-4.06 Billion |
| 2024 | 6.29% | 4.85% | 0.83x | 1.57x | ₩-8.58 Billion |
Industry Comparison
This section compares DSR Corp's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $275,402,800,352
- Average return on equity (ROE) among peers: -0.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DSR Corp (155660) | ₩242.35 Billion | 6.31% | 0.50x | $16.25 Million |
| Kyungbangco.Ltd (000050) | $741.93 Billion | 1.76% | 0.70x | $50.48 Million |
| Chonbang (000950) | $155.64 Billion | 1.69% | 0.95x | $24.13 Million |
| Silla Textile Co.Ltd (001000) | $13.37 Billion | -20.43% | 1.52x | $8.50 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $8.71 Million |
| DI Dong Il Corp (001530) | $561.11 Billion | 0.00% | 0.64x | $232.14 Million |
| Ilshin Spinnin (003200) | $306.82 Billion | 2.19% | 0.49x | $77.92 Million |
| Pang Rim Spinn (003610) | $180.57 Billion | 3.72% | 0.27x | $56.13 Million |
| Daehan Synthet (003830) | $533.41 Billion | 4.22% | 0.14x | $27.66 Million |
| Duksung (004830) | $65.34 Billion | 0.80% | 0.61x | $35.90 Million |
| Duksung Co Ltd (004835) | $63.50 Billion | 0.82% | 0.53x | $46.93 Million |