DY Power Corp
DY Power Corporation engages in production and sales of hydraulic cylinders for construction equipment in Korea. It offers excavators, aerial work platform, fork lifts, wheel loaders, and backhoe loaders. The company was founded in 1978 and is based in Changwon-Si, South Korea.
DY Power Corp (210540) - Net Assets
Latest net assets as of September 2025: ₩307.06 Billion KRW
Based on the latest financial reports, DY Power Corp (210540) has net assets worth ₩307.06 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 (₩371.37 Billion) and total liabilities (₩64.31 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 | ₩307.06 Billion |
| % of Total Assets | 82.68% |
| Annual Growth Rate | 12.49% |
| 5-Year Change | 55.21% |
| 10-Year Change | 216.98% |
| Growth Volatility | 6.81 |
DY Power Corp - Net Assets Trend (2014–2024)
This chart illustrates how DY Power 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 DY Power Corp (2014–2024)
The table below shows the annual net assets of DY Power Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩293.43 Billion | +11.19% |
| 2023-12-31 | ₩263.89 Billion | +9.79% |
| 2022-12-31 | ₩240.37 Billion | +6.37% |
| 2021-12-31 | ₩225.97 Billion | +19.53% |
| 2020-12-31 | ₩189.06 Billion | +13.18% |
| 2019-12-31 | ₩167.05 Billion | +11.23% |
| 2018-12-31 | ₩150.18 Billion | +17.20% |
| 2017-12-31 | ₩128.15 Billion | +27.51% |
| 2016-12-31 | ₩100.50 Billion | +8.57% |
| 2015-12-31 | ₩92.57 Billion | +2.33% |
| 2014-12-31 | ₩90.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DY Power 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 19813.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩170.35 Billion | 58.06% |
| Other Components | ₩123.08 Billion | 41.94% |
| Total Equity | ₩293.43 Billion | 100.00% |
DY Power Corp Competitors by Market Cap
The table below lists competitors of DY Power Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZEN Graphene Solutions Ltd
NASDAQ:ZTEK
|
$63.00 Million |
|
Long Bon International Co Ltd
TW:2514
|
$63.02 Million |
|
Bogazici Beton Sanayi ve Ticaret AS
IS:BOBET
|
$63.02 Million |
|
Som Distilleries & Breweries Limited
NSE:SDBL
|
$63.03 Million |
|
SPC Samlip Co Ltd
KO:005610
|
$62.99 Million |
|
YHN Acquisition I Limited Ordinary Shares
NASDAQ:YHNA
|
$62.98 Million |
|
Investec Ltd
JSE:INL
|
$62.98 Million |
|
Eroad Ltd
AU:ERD
|
$62.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DY Power Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 263,890,902,910 to 293,430,635,010, a change of 29,539,732,100 (11.2%).
- Net income of 21,927,550,470 contributed positively to equity growth.
- Dividend payments of 4,414,340,400 reduced retained earnings.
- Other factors increased equity by 12,026,522,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩21.93 Billion | +7.47% |
| Dividends Paid | ₩4.41 Billion | -1.5% |
| Other Changes | ₩12.03 Billion | +4.1% |
| Total Change | ₩- | 11.19% |
Book Value vs Market Value Analysis
This analysis compares DY Power 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: 0.51x
- 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 1.17x 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 | ₩11611.75 | ₩13600.00 | x |
| 2018-12-31 | ₩13608.55 | ₩13600.00 | x |
| 2019-12-31 | ₩15136.69 | ₩13600.00 | x |
| 2020-12-31 | ₩17131.10 | ₩13600.00 | x |
| 2021-12-31 | ₩20476.25 | ₩13600.00 | x |
| 2022-12-31 | ₩21780.74 | ₩13600.00 | x |
| 2023-12-31 | ₩23912.15 | ₩13600.00 | x |
| 2024-12-31 | ₩26588.85 | ₩13600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DY Power 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): 7.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.70%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.20x
- Recent ROE (7.47%) is below the historical average (10.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.13% | 4.10% | 0.11x | 2.48x | ₩-7.99 Billion |
| 2015 | 1.82% | 0.68% | 1.12x | 2.40x | ₩-7.57 Billion |
| 2016 | 9.56% | 4.19% | 1.00x | 2.27x | ₩-446.67 Million |
| 2017 | 23.83% | 9.41% | 1.27x | 1.99x | ₩17.72 Billion |
| 2018 | 16.98% | 6.61% | 1.49x | 1.72x | ₩10.48 Billion |
| 2019 | 11.42% | 5.56% | 1.31x | 1.57x | ₩2.38 Billion |
| 2020 | 13.44% | 8.34% | 1.06x | 1.52x | ₩6.50 Billion |
| 2021 | 13.74% | 7.10% | 1.28x | 1.51x | ₩8.46 Billion |
| 2022 | 7.43% | 4.26% | 1.28x | 1.36x | ₩-6.18 Billion |
| 2023 | 10.42% | 6.39% | 1.28x | 1.28x | ₩1.10 Billion |
| 2024 | 7.47% | 5.70% | 1.09x | 1.20x | ₩-7.42 Billion |
Industry Comparison
This section compares DY Power Corp's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $831,307,146,281
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DY Power Corp (210540) | ₩307.06 Billion | 1.13% | 0.21x | $63.00 Million |
| Daedong Ind (000490) | $157.50 Billion | 1.84% | 0.77x | $103.59 Million |
| TYM Corporation (002900) | $382.67 Billion | 15.79% | 1.22x | $99.28 Million |
| Soosan Heavy I (017550) | $138.55 Billion | 11.37% | 0.89x | $38.00 Million |
| JINSUNG T.E.C. Inc (036890) | $120.61 Billion | 17.98% | 1.07x | $132.00 Million |
| Hyundai Everdigm Corp (041440) | $165.34 Billion | -11.10% | 0.50x | $52.56 Million |
| Hyundai Doosan Infracore Co Ltd (042670) | $600.26 Billion | 11.98% | 3.51x | $1.15 Billion |
| Doosan Bobcat Inc (241560) | $4.32 Trillion | 8.93% | 0.99x | $1.99 Billion |
| Hyundai Construction Equipment Co Ltd (267270) | $1.55 Trillion | 7.33% | 1.30x | $956.08 Million |
| DAEMO Engineering Co. Ltd (317850) | $47.77 Billion | 9.65% | 0.67x | $27.00 Million |