Daesung Eltec Co. Ltd (025440) - Net Assets
Based on the latest financial reports, Daesung Eltec Co. Ltd (025440) has net assets worth ₩74.72 Billion KRW (≈ $50.64 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 (₩367.48 Billion ≈ $249.04 Million USD) and total liabilities (₩292.76 Billion ≈ $198.40 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 025440 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩74.72 Billion |
| % of Total Assets | 20.33% |
| Annual Growth Rate | 3.71% |
| 5-Year Change | 48.92% |
| 10-Year Change | 106.16% |
| Growth Volatility | 27.15 |
Daesung Eltec Co. Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Daesung Eltec Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Daesung Eltec Co. Ltd (025440) total assets for the complete picture of this company's asset base.
Annual Net Assets for Daesung Eltec Co. Ltd (2001–2024)
The table below shows the annual net assets of Daesung Eltec Co. Ltd from 2001 to 2024. For live valuation and market cap data, see 025440 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩57.85 Billion ≈ $39.20 Million |
-16.82% |
| 2023-12-31 | ₩69.55 Billion ≈ $47.13 Million |
+11.15% |
| 2022-12-31 | ₩62.57 Billion ≈ $42.40 Million |
+79.85% |
| 2021-12-31 | ₩34.79 Billion ≈ $23.58 Million |
-10.43% |
| 2020-12-31 | ₩38.84 Billion ≈ $26.32 Million |
+0.82% |
| 2019-12-31 | ₩38.53 Billion ≈ $26.11 Million |
-11.33% |
| 2018-12-31 | ₩43.45 Billion ≈ $29.45 Million |
-7.15% |
| 2017-12-31 | ₩46.80 Billion ≈ $31.71 Million |
-4.87% |
| 2016-12-31 | ₩49.19 Billion ≈ $33.34 Million |
+75.33% |
| 2015-12-31 | ₩28.06 Billion ≈ $19.02 Million |
+4.06% |
| 2014-12-31 | ₩26.96 Billion ≈ $18.27 Million |
+2.73% |
| 2013-12-31 | ₩26.25 Billion ≈ $17.79 Million |
-0.10% |
| 2012-12-31 | ₩26.27 Billion ≈ $17.80 Million |
-0.41% |
| 2011-12-31 | ₩26.38 Billion ≈ $17.88 Million |
-28.96% |
| 2010-12-31 | ₩37.14 Billion ≈ $25.17 Million |
+42.63% |
| 2009-12-31 | ₩26.04 Billion ≈ $17.64 Million |
+0.35% |
| 2008-12-31 | ₩25.95 Billion ≈ $17.58 Million |
-35.48% |
| 2007-12-31 | ₩40.22 Billion ≈ $27.25 Million |
+10.73% |
| 2006-12-31 | ₩36.32 Billion ≈ $24.61 Million |
-5.16% |
| 2005-12-31 | ₩38.30 Billion ≈ $25.95 Million |
+32.45% |
| 2004-12-31 | ₩28.92 Billion ≈ $19.60 Million |
+7.33% |
| 2003-12-31 | ₩26.94 Billion ≈ $18.26 Million |
+4.08% |
| 2002-12-31 | ₩25.88 Billion ≈ $17.54 Million |
+3.34% |
| 2001-12-31 | ₩25.05 Billion ≈ $16.98 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Daesung Eltec 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 1547280842000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩15.47 Billion | 26.75% |
| Common Stock | ₩15.39 Billion | 26.61% |
| Other Components | ₩26.98 Billion | 46.64% |
| Total Equity | ₩57.85 Billion | 100.00% |
Daesung Eltec Co. Ltd Competitors by Market Cap
The table below lists competitors of Daesung Eltec Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UFO Moviez India Limited
NSE:UFO
|
$30.38 Million |
|
Trajectory Alpha Acquisition Corp
NYSE:TCOA
|
$30.40 Million |
|
Doosan Solus Co Ltd Pref 1P
KO:33637K
|
$30.42 Million |
|
PNC Technologies co. Ltd
KQ:237750
|
$30.42 Million |
|
Griñó Ecologic S.A
MC:GRI
|
$30.37 Million |
|
Tayih Lun An Co Ltd
TWO:8107
|
$30.36 Million |
|
Rifa Ind
KO:000760
|
$30.36 Million |
|
Perimeter Medical Imaging AI Inc
V:PINK
|
$30.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daesung Eltec Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,546,426,470 to 57,845,396,430, a change of -11,701,030,040 (-16.8%).
- Net loss of 2,401,152,360 reduced equity.
- Other factors decreased equity by 9,299,877,680.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.40 Billion | -4.15% |
| Other Changes | ₩-9.30 Billion | -16.08% |
| Total Change | ₩- | -16.82% |
Book Value vs Market Value Analysis
This analysis compares Daesung Eltec 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: 0.49x
- 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 1.85x to 0.49x 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 | ₩496.36 | ₩919.00 | x |
| 2017-12-31 | ₩471.45 | ₩919.00 | x |
| 2018-12-31 | ₩435.97 | ₩919.00 | x |
| 2019-12-31 | ₩386.58 | ₩919.00 | x |
| 2020-12-31 | ₩389.74 | ₩919.00 | x |
| 2021-12-31 | ₩1722.78 | ₩919.00 | x |
| 2022-12-31 | ₩2195.49 | ₩919.00 | x |
| 2023-12-31 | ₩2259.38 | ₩919.00 | x |
| 2024-12-31 | ₩1879.51 | ₩919.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daesung Eltec 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): -4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.65%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 4.73x
- Recent ROE (-4.15%) is below the historical average (-0.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 14.36% | 1.52% | 2.15x | 4.41x | ₩898.01 Million |
| 2002 | 6.67% | 0.73% | 2.06x | 4.42x | ₩-735.71 Million |
| 2004 | 14.85% | 1.65% | 1.87x | 4.81x | ₩1.21 Billion |
| 2005 | 18.74% | 2.10% | 2.27x | 3.93x | ₩2.95 Billion |
| 2006 | 2.03% | 0.19% | 2.25x | 4.69x | ₩-2.53 Billion |
| 2007 | 4.72% | 0.43% | 2.51x | 4.42x | ₩-1.82 Billion |
| 2014 | 7.51% | 0.52% | 3.55x | 4.10x | ₩-670.55 Million |
| 2015 | 4.99% | 0.39% | 3.03x | 4.17x | ₩-1.41 Billion |
| 2016 | 3.14% | 0.42% | 3.13x | 2.38x | ₩-3.38 Billion |
| 2017 | -8.74% | -1.17% | 3.28x | 2.28x | ₩-8.77 Billion |
| 2018 | -6.42% | -0.80% | 3.17x | 2.53x | ₩-7.14 Billion |
| 2019 | -25.69% | -2.62% | 3.41x | 2.87x | ₩-13.75 Billion |
| 2020 | -1.05% | -0.13% | 2.63x | 2.98x | ₩-4.29 Billion |
| 2021 | -30.60% | -3.20% | 2.59x | 3.69x | ₩-14.12 Billion |
| 2022 | -6.89% | -1.13% | 2.63x | 2.32x | ₩-10.57 Billion |
| 2023 | 0.99% | 0.18% | 2.22x | 2.55x | ₩-6.26 Billion |
| 2024 | -4.15% | -0.65% | 1.36x | 4.73x | ₩-8.19 Billion |
Industry Comparison
This section compares Daesung Eltec Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $484,830,519,499
- Average return on equity (ROE) among peers: -23.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daesung Eltec Co. Ltd (025440) | ₩74.72 Billion | 14.36% | 3.92x | $30.38 Million |
| Hankook Tire Worldwide (000240) | $1.56 Trillion | 10.58% | 1.11x | $1.62 Billion |
| Daewonkangup (000430) | $486.18 Billion | 6.48% | 1.40x | $183.19 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.46 Billion | 4.41% | 0.38x | $15.08 Million |
| Dongkook Ind (001620) | $180.71 Billion | 11.80% | 1.69x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $143.25 Billion | -0.22% | 0.15x | $116.75 Million |
| Nexen Tire (002350) | $565.04 Billion | 14.52% | 2.37x | $478.99 Million |
| Nexen Tire Prf 1 (002355) | $1.55 Trillion | -1.09% | 1.29x | $19.16 Million |
| Dayou A-Tech (002880) | $36.80 Billion | -279.17% | 8.13x | $30.87 Million |
| Yoo Sung Ent (002920) | $170.85 Billion | 3.47% | 0.31x | $32.92 Million |
About Daesung Eltec Co. Ltd
DHAUTOWARE Co., LTD develops and supplies in-vehicle infotainment products to motor companies worldwide. The company's product line consists of audio, video, navigation, and communication systems; display audio systems; monitor systems; digital amplifiers; module systems; accident data recorder; real time location system; and driver assistance systems. The company was formerly known as Daesung El… Read more