Daejoo Inc
Daejoo Inc. produces mixed feed products in South Korea. The company offers feed products for cows, pigs, chickens, dogs, cats, goat, deer, quail, and duck. It also engages in the real estate construction lease and trading; and manufacturing and sales of pet equipment. The company was formerly known as Hankook Livestock Development. Daejoo Inc. was founded in 1962 and is headquartered in Seoul, S… Read more
Daejoo Inc (003310) - Net Assets
Latest net assets as of September 2025: ₩87.89 Billion KRW
Based on the latest financial reports, Daejoo Inc (003310) has net assets worth ₩87.89 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 (₩114.27 Billion) and total liabilities (₩26.38 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 | ₩87.89 Billion |
| % of Total Assets | 76.91% |
| Annual Growth Rate | 4.93% |
| 5-Year Change | 54.25% |
| 10-Year Change | 74.51% |
| Growth Volatility | 5.16 |
Daejoo Inc - Net Assets Trend (2011–2024)
This chart illustrates how Daejoo Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daejoo Inc (2011–2024)
The table below shows the annual net assets of Daejoo Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩83.51 Billion | +8.91% |
| 2023-12-31 | ₩76.68 Billion | +11.14% |
| 2022-12-31 | ₩68.99 Billion | +6.91% |
| 2021-12-31 | ₩64.53 Billion | +19.20% |
| 2020-12-31 | ₩54.14 Billion | +3.90% |
| 2019-12-31 | ₩52.11 Billion | +2.21% |
| 2018-12-31 | ₩50.98 Billion | +0.94% |
| 2017-12-31 | ₩50.50 Billion | +4.14% |
| 2016-12-31 | ₩48.49 Billion | +1.34% |
| 2015-12-31 | ₩47.85 Billion | +1.81% |
| 2014-12-31 | ₩47.00 Billion | +2.71% |
| 2013-12-31 | ₩45.76 Billion | +2.74% |
| 2012-12-31 | ₩44.54 Billion | -0.30% |
| 2011-12-31 | ₩44.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daejoo Inc'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 5128061815000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩51.28 Billion | 61.41% |
| Common Stock | ₩18.70 Billion | 22.39% |
| Other Components | ₩13.53 Billion | 16.21% |
| Total Equity | ₩83.51 Billion | 100.00% |
Daejoo Inc Competitors by Market Cap
The table below lists competitors of Daejoo Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Syncom Formulations (India) Limited
NSE:SYNCOMF
|
$60.50 Million |
|
CONPET SA
RO:COTE
|
$60.50 Million |
|
OptiNose
NASDAQ:OPTN
|
$60.53 Million |
|
TAIGA BUILDING PRODS
F:4T7
|
$60.58 Million |
|
Yesco Holdings Co. Ltd
KO:015360
|
$60.49 Million |
|
Grazziotin S.A
SA:CGRA3
|
$60.47 Million |
|
Simply Better Brands Corp.
OTCQB:SBBCF
|
$60.46 Million |
|
Thermador Groupe SA
PA:THEP
|
$60.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daejoo Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 76,679,356,730 to 83,509,903,830, a change of 6,830,547,100 (8.9%).
- Net income of 8,315,526,890 contributed positively to equity growth.
- Dividend payments of 1,486,675,770 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.32 Billion | +9.96% |
| Dividends Paid | ₩1.49 Billion | -1.78% |
| Other Changes | ₩1.70 Million | +0.0% |
| Total Change | ₩- | 8.91% |
Book Value vs Market Value Analysis
This analysis compares Daejoo Inc'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: 1.65x
- 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 2.85x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1370.21 | ₩3900.00 | x |
| 2017-12-31 | ₩1426.89 | ₩3900.00 | x |
| 2018-12-31 | ₩1440.33 | ₩3900.00 | x |
| 2019-12-31 | ₩1472.21 | ₩3900.00 | x |
| 2020-12-31 | ₩1529.68 | ₩3900.00 | x |
| 2021-12-31 | ₩1823.31 | ₩3900.00 | x |
| 2022-12-31 | ₩1949.35 | ₩3900.00 | x |
| 2023-12-31 | ₩2166.55 | ₩3900.00 | x |
| 2024-12-31 | ₩2359.55 | ₩3900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daejoo Inc 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): 9.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.84%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.33x
- Recent ROE (9.96%) is above the historical average (5.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.66% | 0.33% | 1.06x | 1.86x | ₩-4.17 Billion |
| 2013 | 2.57% | 1.31% | 1.10x | 1.78x | ₩-3.40 Billion |
| 2014 | 3.26% | 1.98% | 0.97x | 1.70x | ₩-3.17 Billion |
| 2015 | 2.88% | 1.63% | 1.06x | 1.66x | ₩-3.41 Billion |
| 2016 | 3.99% | 2.27% | 1.11x | 1.58x | ₩-2.92 Billion |
| 2017 | 5.36% | 3.17% | 1.01x | 1.67x | ₩-2.34 Billion |
| 2018 | 3.30% | 2.00% | 0.94x | 1.76x | ₩-3.42 Billion |
| 2019 | 3.47% | 2.14% | 0.97x | 1.67x | ₩-3.40 Billion |
| 2020 | 6.46% | 4.11% | 0.95x | 1.65x | ₩-1.92 Billion |
| 2021 | 5.93% | 4.54% | 0.86x | 1.52x | ₩-2.62 Billion |
| 2022 | 6.29% | 4.37% | 0.94x | 1.52x | ₩-2.56 Billion |
| 2023 | 13.24% | 9.67% | 0.94x | 1.45x | ₩2.48 Billion |
| 2024 | 9.96% | 7.84% | 0.95x | 1.33x | ₩-35.46 Million |
Industry Comparison
This section compares Daejoo Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $420,518,958,918
- Average return on equity (ROE) among peers: 4.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daejoo Inc (003310) | ₩87.89 Billion | 0.66% | 0.30x | $60.49 Million |
| Daehan Flour Mills Co Ltd (001130) | $489.63 Billion | 6.13% | 0.50x | $92.10 Million |
| Daesang Corp (001680) | $484.66 Billion | 6.60% | 1.67x | $297.74 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $257.13 Million |
| Korea Ind (002140) | $66.54 Billion | 7.12% | 1.23x | $24.66 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $16.50 Million |
| Sam Yang Foods (003230) | $53.38 Billion | 0.00% | 4.82x | $2.87 Billion |
| Harim Holdings Co. Ltd (003380) | $808.31 Billion | 21.63% | 7.74x | $434.99 Million |
| Hansung Ent (003680) | $52.28 Billion | 2.70% | 3.49x | $11.05 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $115.08 Million |