DL E&C Co Ltd (375500) - Net Assets
Based on the latest financial reports, DL E&C Co Ltd (375500) has net assets worth ₩5.08 Trillion KRW (≈ $3.44 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩10.07 Trillion ≈ $6.83 Billion USD) and total liabilities (₩5.00 Trillion ≈ $3.39 Billion 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 how resilient are DL E&C Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩5.08 Trillion |
| % of Total Assets | 50.41% |
| Annual Growth Rate | 2.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.28 |
DL E&C Co Ltd - Net Assets Trend (2021–2024)
This chart illustrates how DL E&C Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 375500 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for DL E&C Co Ltd (2021–2024)
The table below shows the annual net assets of DL E&C Co Ltd from 2021 to 2024. For live valuation and market cap data, see 375500 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩4.85 Trillion ≈ $3.28 Billion |
+1.61% |
| 2023-12-31 | ₩4.77 Trillion ≈ $3.23 Billion |
+1.63% |
| 2022-12-31 | ₩4.69 Trillion ≈ $3.18 Billion |
+4.34% |
| 2021-12-31 | ₩4.50 Trillion ≈ $3.05 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to DL E&C Co Ltd'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 85.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.08 Trillion | 22.21% |
| Other Components | ₩3.77 Trillion | 77.79% |
| Total Equity | ₩4.85 Trillion | 100.00% |
DL E&C Co Ltd Competitors by Market Cap
The table below lists competitors of DL E&C Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Business intelligence of Oriental Nations Corp Ltd
SHE:300166
|
$2.57 Billion |
|
Intuitive Machines Inc.
NASDAQ:LUNR
|
$2.57 Billion |
|
Ero Copper Corp
TO:ERO
|
$2.57 Billion |
|
Maple Leaf Foods Inc.
TO:MFI
|
$2.58 Billion |
|
Aya Gold & Silver Inc
TO:AYA
|
$2.57 Billion |
|
WOOLWORTHS HDGS GDR
F:WN30
|
$2.57 Billion |
|
Companhia de Gás de São Paulo - COMGÁS
SA:CGAS3
|
$2.57 Billion |
|
Enerflex Ltd.
NYSE:EFXT
|
$2.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DL E&C Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,768,781,215,290 to 4,845,710,111,110, a change of 76,928,895,820 (1.6%).
- Net income of 229,223,745,160 contributed positively to equity growth.
- Dividend payments of 21,692,022,240 reduced retained earnings.
- Share repurchases of 19,810,183,710 reduced equity.
- Other factors decreased equity by 110,792,643,390.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩229.22 Billion | +4.73% |
| Dividends Paid | ₩21.69 Billion | -0.45% |
| Share Repurchases | ₩19.81 Billion | -0.41% |
| Other Changes | ₩-110.79 Billion | -2.29% |
| Total Change | ₩- | 1.61% |
Book Value vs Market Value Analysis
This analysis compares DL E&C Co Ltd'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: 0.82x
- 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 increased from 0.46x to 0.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩215566.01 | ₩99000.00 | x |
| 2022-12-31 | ₩112985.88 | ₩99000.00 | x |
| 2023-12-31 | ₩132286.78 | ₩99000.00 | x |
| 2024-12-31 | ₩120119.67 | ₩99000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DL E&C Co Ltd 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): 4.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.76%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.00x
- Recent ROE (4.73%) is below the historical average (8.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.84% | 7.56% | 0.88x | 2.09x | ₩160.25 Billion |
| 2022 | 9.50% | 5.51% | 0.84x | 2.06x | ₩-21.80 Billion |
| 2023 | 3.94% | 2.35% | 0.86x | 1.96x | ₩-289.02 Billion |
| 2024 | 4.73% | 2.76% | 0.86x | 2.00x | ₩-255.35 Billion |
Industry Comparison
This section compares DL E&C Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,260,625,235,967
- Average return on equity (ROE) among peers: 4.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DL E&C Co Ltd (375500) | ₩5.08 Trillion | 13.84% | 0.98x | $2.57 Billion |
| Hyundai Engineering & Construction (000720) | $743.93 Billion | 10.45% | 5.60x | $12.21 Billion |
| Hyundai Engineering & Construction Co Ltd (000725) | $10.46 Trillion | 5.13% | 1.27x | $53.11 Million |
| Nam Kwang Cons (001260) | $49.11 Billion | 11.64% | 2.03x | $65.78 Million |
| Sambu Const (001470) | $267.60 Billion | 2.98% | 1.59x | $54.01 Million |
| Dohwa Engin (002150) | $252.58 Billion | 6.88% | 0.62x | $160.66 Million |
| Bumyang Construction Co Ltd (002410) | $62.13 Billion | -14.66% | 2.10x | $36.03 Million |
| Hwa Sung Ind (002460) | $430.64 Billion | 0.57% | 1.91x | $85.37 Million |
| Chin Hung Int' (002780) | $235.91 Billion | 0.00% | 2.99x | $136.68 Million |
| Chinhung International Inc (002785) | $118.85 Billion | 17.16% | 1.38x | $2.03 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $-10.01 Billion | 0.00% | 0.00x | $1.70 Million |
About DL E&C Co Ltd
DL E&C Co.,Ltd., a construction company, provides engineering, procurement, and construction solutions in South Korea. The company undertakes various plant works in refinery/gas, petrochemical, energy, industrial facilities, environment, and other sectors; and offers civil works in road/bridge, road/port/water resources, and railroad/metro/tunnel. It also builds office/commercial, cultural/sports… Read more