Daejoo Inc (003310) - Net Assets
Based on the latest financial reports, Daejoo Inc (003310) has net assets worth ₩87.89 Billion KRW (≈ $59.56 Million USD) 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 ≈ $77.44 Million USD) and total liabilities (₩26.38 Billion ≈ $17.88 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 how tangible is Daejoo Inc's equity to evaluate the tangible quality of the company's equity base.
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. See Daejoo Inc (003310) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Daejoo Inc (2011–2024)
The table below shows the annual net assets of Daejoo Inc from 2011 to 2024. For live valuation and market cap data, see 003310 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩83.51 Billion ≈ $56.59 Million |
+8.91% |
| 2023-12-31 | ₩76.68 Billion ≈ $51.96 Million |
+11.14% |
| 2022-12-31 | ₩68.99 Billion ≈ $46.75 Million |
+6.91% |
| 2021-12-31 | ₩64.53 Billion ≈ $43.73 Million |
+19.20% |
| 2020-12-31 | ₩54.14 Billion ≈ $36.69 Million |
+3.90% |
| 2019-12-31 | ₩52.11 Billion ≈ $35.31 Million |
+2.21% |
| 2018-12-31 | ₩50.98 Billion ≈ $34.55 Million |
+0.94% |
| 2017-12-31 | ₩50.50 Billion ≈ $34.22 Million |
+4.14% |
| 2016-12-31 | ₩48.49 Billion ≈ $32.86 Million |
+1.34% |
| 2015-12-31 | ₩47.85 Billion ≈ $32.43 Million |
+1.81% |
| 2014-12-31 | ₩47.00 Billion ≈ $31.85 Million |
+2.71% |
| 2013-12-31 | ₩45.76 Billion ≈ $31.01 Million |
+2.74% |
| 2012-12-31 | ₩44.54 Billion ≈ $30.19 Million |
-0.30% |
| 2011-12-31 | ₩44.68 Billion ≈ $30.28 Million |
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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 |
|---|---|
|
Li Cheng Enterprise Co Ltd
TW:4426
|
$43.41 Million |
|
Sekuro Plastik Ambalaj Sanayi AS
IS:SEKUR
|
$43.41 Million |
|
Heritage Global Inc
NASDAQ:HGBL
|
$43.42 Million |
|
Hsinjing Holding Co Ltd
TWO:3713
|
$43.43 Million |
|
Paragon Union Bhd
KLSE:9407
|
$43.41 Million |
|
Feytech Holdings Berhad
KLSE:5322
|
$43.40 Million |
|
Vrancart Adjud
RO:VNC
|
$43.39 Million |
|
Vraj Iron and Steel Ltd
NSE:VRAJ
|
$43.38 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: 0.77x
- 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 1.32x to 0.77x 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 | ₩1810.00 | x |
| 2017-12-31 | ₩1426.89 | ₩1810.00 | x |
| 2018-12-31 | ₩1440.33 | ₩1810.00 | x |
| 2019-12-31 | ₩1472.21 | ₩1810.00 | x |
| 2020-12-31 | ₩1529.68 | ₩1810.00 | x |
| 2021-12-31 | ₩1823.31 | ₩1810.00 | x |
| 2022-12-31 | ₩1949.35 | ₩1810.00 | x |
| 2023-12-31 | ₩2166.55 | ₩1810.00 | x |
| 2024-12-31 | ₩2359.55 | ₩1810.00 | 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: $529,604,689,964
- Average return on equity (ROE) among peers: 5.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daejoo Inc (003310) | ₩87.89 Billion | 0.66% | 0.30x | $43.41 Million |
| Daehan Flour Mills Co Ltd (001130) | $607.35 Billion | 3.07% | 0.48x | $13.13 Million |
| Daesang Corp (001680) | $472.17 Billion | 0.00% | 2.84x | $419.36 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $13.73 Million |
| Korea Ind (002140) | $76.12 Billion | 11.88% | 1.05x | $33.02 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $55.91 Million |
| Sam Yang Foods (003230) | $33.13 Billion | 39.63% | 5.21x | $5.05 Billion |
| Harim Holdings Co. Ltd (003380) | $1.69 Trillion | 3.23% | 4.53x | $699.33 Million |
| Hansung Ent (003680) | $54.00 Billion | -4.88% | 3.12x | $17.59 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $171.85 Million |
About 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