Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) - Net Assets
Based on the latest financial reports, Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) has net assets worth ₩367.48 Billion KRW (≈ $249.04 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.20 Trillion ≈ $812.15 Million USD) and total liabilities (₩830.94 Billion ≈ $563.12 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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩367.48 Billion |
| % of Total Assets | 30.66% |
| Annual Growth Rate | 14.07% |
| 5-Year Change | -29.08% |
| 10-Year Change | N/A |
| Growth Volatility | 79.99 |
Doosan Fuel Cell Co. Ltd. Pfd. Series 1 - Net Assets Trend (2019–2025)
This chart illustrates how Doosan Fuel Cell Co. Ltd. Pfd. Series 1's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 33626K market cap.
Annual Net Assets for Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (2019–2025)
The table below shows the annual net assets of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 from 2019 to 2025. Also explore 33626K year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩367.48 Billion ≈ $249.04 Million |
-26.34% |
| 2024-12-31 | ₩498.90 Billion ≈ $338.09 Million |
-2.68% |
| 2023-12-31 | ₩512.65 Billion ≈ $347.42 Million |
-1.99% |
| 2022-12-31 | ₩523.06 Billion ≈ $354.47 Million |
+0.94% |
| 2021-12-31 | ₩518.19 Billion ≈ $351.17 Million |
+1.10% |
| 2020-12-31 | ₩512.54 Billion ≈ $347.34 Million |
+207.33% |
| 2019-12-31 | ₩166.77 Billion ≈ $113.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Doosan Fuel Cell Co. Ltd. Pfd. Series 1'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 decreased by 1206.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩484.83 Billion | 131.93% |
| Total Equity | ₩367.48 Billion | 100.00% |
Doosan Fuel Cell Co. Ltd. Pfd. Series 1 Competitors by Market Cap
The table below lists competitors of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Choheung
KO:002600
|
$56.07 Million |
|
BEST Inc
NYSE:BEST
|
$56.09 Million |
|
SDS Group Bhd
KLSE:0212
|
$56.09 Million |
|
Lunnon Metals Ltd
AU:LM8
|
$56.10 Million |
|
Thunderbird Entertainment Group Inc
V:TBRD
|
$56.05 Million |
|
5E ADVANCED MATLS NEW
F:J9I1
|
$56.04 Million |
|
US Masters Residential Property Fund
AU:URF
|
$56.02 Million |
|
Il Sung Const
KO:013360
|
$56.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Doosan Fuel Cell Co. Ltd. Pfd. Series 1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 498,895,839,830 to 367,480,446,230, a change of -131,415,393,600 (-26.3%).
- Net loss of 132,804,248,870 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-132.80 Billion | -36.14% |
| Other Changes | ₩1.39 Billion | +0.38% |
| Total Change | ₩- | -26.34% |
Book Value vs Market Value Analysis
This analysis compares Doosan Fuel Cell Co. Ltd. Pfd. Series 1'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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.10x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩2950.66 | ₩6190.00 | x |
| 2020-12-31 | ₩7826.32 | ₩6190.00 | x |
| 2021-12-31 | ₩7912.50 | ₩6190.00 | x |
| 2022-12-31 | ₩7987.83 | ₩6190.00 | x |
| 2023-12-31 | ₩7828.82 | ₩6190.00 | x |
| 2024-12-31 | ₩7618.75 | ₩6190.00 | x |
| 2025-12-31 | ₩5611.61 | ₩6190.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Doosan Fuel Cell Co. Ltd. Pfd. Series 1 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): -36.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.20%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 3.26x
- Recent ROE (-36.14%) is below the historical average (-3.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.12% | 5.37% | 0.45x | 2.97x | ₩-4.81 Billion |
| 2020 | 2.77% | 3.07% | 0.58x | 1.54x | ₩-37.06 Billion |
| 2021 | 1.68% | 2.28% | 0.55x | 1.35x | ₩-43.12 Billion |
| 2022 | 0.74% | 1.24% | 0.30x | 1.96x | ₩-48.44 Billion |
| 2023 | -1.66% | -3.26% | 0.24x | 2.09x | ₩-59.77 Billion |
| 2024 | -2.10% | -2.54% | 0.35x | 2.36x | ₩-60.36 Billion |
| 2025 | -36.14% | -29.20% | 0.38x | 3.26x | ₩-169.55 Billion |
Industry Comparison
This section compares Doosan Fuel Cell Co. Ltd. Pfd. Series 1's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,683,108,779,453
- Average return on equity (ROE) among peers: 6.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) | ₩367.48 Billion | 7.12% | 2.26x | $56.05 Million |
| Kumho Electric (001210) | $304.27 Billion | 5.36% | 0.68x | $100.64 Million |
| Taihan Electric Wire Co Ltd (001440) | $312.65 Billion | -3.84% | 2.95x | $3.45 Billion |
| Posco Chemical Co Ltd (003670) | $758.13 Billion | 17.43% | 0.25x | $11.07 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.51 Trillion | 11.24% | 0.39x | $582.65 Million |
| LS Corp (006260) | $3.26 Trillion | 5.17% | 1.98x | $5.63 Billion |
| Daewon Cable (006340) | $80.33 Billion | 0.85% | 1.76x | $675.37 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $100.32 Billion | 9.58% | 1.34x | $452.78 Million |
| Samsung SDI (006400) | $15.20 Trillion | 7.70% | 0.70x | $28.69 Billion |
| Samsung Sdi Co Pref (006405) | $15.20 Trillion | 7.70% | 0.70x | $214.13 Million |
| LS Electric (010120) | $118.91 Billion | 0.00% | 9.45x | $3.93 Billion |
About Doosan Fuel Cell Co. Ltd. Pfd. Series 1
Doosan Fuel Cell Co., Ltd. develops and distributes power generation fuel cells in South Korea. The company supplies fuel cell to produce stationery fuel cells. It also offers 400 NG, a fuel cell which supplies natural gas. In addition, the company provides M400, hydrogen energy solution provider. Doosan Fuel Cell Co., Ltd. was incorporated in 2019 and is headquartered in Iksan-si, South Korea.