DongWon Development Co.Ltd
DongWon Development Co.,Ltd. operates as a construction company in South Korea. The company's housing business includes apartments and residential space projects; and civil engineering projects, including highways, bridges, tunnels, subways, railroads, and industrial complexes. It constructs power, factories, warehouses, and seawater desalination, as well as advanced technical manpower. The compa… Read more
DongWon Development Co.Ltd (013120) - Net Assets
Latest net assets as of September 2025: ₩1.05 Trillion KRW
Based on the latest financial reports, DongWon Development Co.Ltd (013120) has net assets worth ₩1.05 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.42 Trillion) and total liabilities (₩361.51 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 | ₩1.05 Trillion |
| % of Total Assets | 74.47% |
| Annual Growth Rate | 12.29% |
| 5-Year Change | 16.09% |
| 10-Year Change | 152.88% |
| Growth Volatility | 8.34 |
DongWon Development Co.Ltd - Net Assets Trend (2014–2024)
This chart illustrates how DongWon Development Co.Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DongWon Development Co.Ltd (2014–2024)
The table below shows the annual net assets of DongWon Development Co.Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.05 Trillion | +0.97% |
| 2023-12-31 | ₩1.04 Trillion | +1.03% |
| 2022-12-31 | ₩1.03 Trillion | +7.16% |
| 2021-12-31 | ₩956.55 Billion | +6.19% |
| 2020-12-31 | ₩900.75 Billion | +16.81% |
| 2019-12-31 | ₩771.14 Billion | +9.65% |
| 2018-12-31 | ₩703.26 Billion | +18.24% |
| 2017-12-31 | ₩594.80 Billion | +17.95% |
| 2016-12-31 | ₩504.26 Billion | +21.94% |
| 2015-12-31 | ₩413.52 Billion | +26.09% |
| 2014-12-31 | ₩327.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DongWon Development 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 260.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩993.18 Billion | 94.98% |
| Common Stock | ₩45.40 Billion | 4.34% |
| Other Components | ₩7.11 Billion | 0.68% |
| Total Equity | ₩1.05 Trillion | 100.00% |
DongWon Development Co.Ltd Competitors by Market Cap
The table below lists competitors of DongWon Development Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEIKOH GIKEN Co. Ltd
MU:GIK
|
$59.74 Million |
|
SHENZ.INV.HLDGS BA.AR.DE.
F:HHI0
|
$59.75 Million |
|
XCHG Limited American Depositary Share
NASDAQ:XCH
|
$59.75 Million |
|
BaaS Innovation Co., Ltd.
TWO:3555
|
$59.75 Million |
|
RACING FORCE SPA
F:X7Q
|
$59.72 Million |
|
Prime Securities Limited
NSE:PRIMESECU
|
$59.72 Million |
|
Alithya Group Inc
NASDAQ:ALYAF
|
$59.69 Million |
|
Moatable Inc
NYSE:MTBLY
|
$59.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DongWon Development Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,034,905,463,770 to 1,045,692,425,950, a change of 10,786,962,180 (1.0%).
- Net income of 18,328,460,400 contributed positively to equity growth.
- Dividend payments of 7,264,648,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩18.33 Billion | +1.75% |
| Dividends Paid | ₩7.26 Billion | -0.69% |
| Other Changes | ₩-276.85 Million | -0.03% |
| Total Change | ₩- | 1.04% |
Book Value vs Market Value Analysis
This analysis compares DongWon Development 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: 0.25x
- 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 0.52x to 0.25x 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 | ₩5553.02 | ₩2860.00 | x |
| 2017-12-31 | ₩6550.05 | ₩2860.00 | x |
| 2018-12-31 | ₩7744.51 | ₩2860.00 | x |
| 2019-12-31 | ₩8491.95 | ₩2860.00 | x |
| 2020-12-31 | ₩9919.28 | ₩2860.00 | x |
| 2021-12-31 | ₩10533.74 | ₩2860.00 | x |
| 2022-12-31 | ₩11288.30 | ₩2860.00 | x |
| 2023-12-31 | ₩11396.62 | ₩2860.00 | x |
| 2024-12-31 | ₩11515.41 | ₩2860.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DongWon Development 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): 1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.52%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.32x
- Recent ROE (1.75%) is below the historical average (12.91%), 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 | 17.99% | 17.35% | 0.78x | 1.32x | ₩26.22 Billion |
| 2015 | 21.80% | 17.51% | 0.94x | 1.32x | ₩48.80 Billion |
| 2016 | 19.43% | 18.34% | 0.82x | 1.30x | ₩47.56 Billion |
| 2017 | 16.92% | 17.87% | 0.80x | 1.18x | ₩41.14 Billion |
| 2018 | 17.34% | 20.06% | 0.69x | 1.25x | ₩51.62 Billion |
| 2019 | 10.98% | 13.18% | 0.69x | 1.21x | ₩7.58 Billion |
| 2020 | 16.03% | 22.90% | 0.59x | 1.18x | ₩54.35 Billion |
| 2021 | 7.59% | 17.39% | 0.34x | 1.27x | ₩-23.06 Billion |
| 2022 | 8.01% | 13.65% | 0.42x | 1.40x | ₩-20.37 Billion |
| 2023 | 4.11% | 5.78% | 0.51x | 1.38x | ₩-60.92 Billion |
| 2024 | 1.75% | 3.52% | 0.38x | 1.32x | ₩-86.24 Billion |
Industry Comparison
This section compares DongWon Development Co.Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,696,886,000
- Average return on equity (ROE) among peers: -96.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DongWon Development Co.Ltd (013120) | ₩1.05 Trillion | 17.99% | 0.34x | $59.73 Million |
| KD Corporation (044180) | $6.70 Billion | -96.93% | 2.47x | $4.98 Million |