Dongsung FineTec Co. Ltd
Dongsung FineTec Co., Ltd. engages in the manufacture and sale of LNG cryogenic insulation products in South Korea. The company offers essential materials, including R-PUF and membranes; and insulation products and solutions for LNGC pipes, vessel insulation, and LPG carrier tanks. It also provides polyurethane systems, metal panels, containers, and refrigerants, as well as ultralow-temperature c… Read more
Dongsung FineTec Co. Ltd (033500) - Net Assets
Latest net assets as of September 2025: ₩244.00 Billion KRW
Based on the latest financial reports, Dongsung FineTec Co. Ltd (033500) has net assets worth ₩244.00 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 (₩482.98 Billion) and total liabilities (₩238.98 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 | ₩244.00 Billion |
| % of Total Assets | 50.52% |
| Annual Growth Rate | 5.65% |
| 5-Year Change | 84.42% |
| 10-Year Change | 78.66% |
| Growth Volatility | 17.93 |
Dongsung FineTec Co. Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Dongsung FineTec 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 Dongsung FineTec Co. Ltd (2002–2024)
The table below shows the annual net assets of Dongsung FineTec Co. Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩202.44 Billion | +19.89% |
| 2023-12-31 | ₩168.86 Billion | +13.62% |
| 2022-12-31 | ₩148.62 Billion | +4.63% |
| 2021-12-31 | ₩142.04 Billion | +29.40% |
| 2020-12-31 | ₩109.77 Billion | +15.68% |
| 2019-12-31 | ₩94.89 Billion | +28.34% |
| 2018-12-31 | ₩73.94 Billion | -14.36% |
| 2017-12-31 | ₩86.33 Billion | -27.81% |
| 2016-12-31 | ₩119.60 Billion | +5.55% |
| 2015-12-31 | ₩113.31 Billion | +10.05% |
| 2014-12-31 | ₩102.97 Billion | +45.26% |
| 2008-12-31 | ₩70.89 Billion | -24.71% |
| 2007-12-31 | ₩94.15 Billion | +13.04% |
| 2006-12-31 | ₩83.29 Billion | +16.31% |
| 2005-12-31 | ₩71.61 Billion | +3.69% |
| 2004-12-31 | ₩69.07 Billion | +6.65% |
| 2003-12-31 | ₩64.76 Billion | +7.30% |
| 2002-12-31 | ₩60.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dongsung FineTec 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 11850498830000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩118.50 Billion | 58.54% |
| Other Components | ₩83.93 Billion | 41.46% |
| Total Equity | ₩202.44 Billion | 100.00% |
Dongsung FineTec Co. Ltd Competitors by Market Cap
The table below lists competitors of Dongsung FineTec Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Morguard North American Residential Real Estate Investment Trust
PINK:MNARF
|
$328.60 Million |
|
Investment AB Oresund
ST:ORES
|
$328.69 Million |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
$328.72 Million |
|
World Acceptance Corporation
NASDAQ:WRLD
|
$328.81 Million |
|
Shandong Liancheng Precision Manufacturing Co Ltd Class A
SHE:002921
|
$328.53 Million |
|
CASTELNAU GROUP LTD
F:7QZ
|
$328.48 Million |
|
RENEW ENG.GLB.A DL-0001
F:7JU
|
$328.42 Million |
|
GHCL Limited
NSE:GHCL
|
$328.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongsung FineTec Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,856,538,020 to 202,436,234,790, a change of 33,579,696,770 (19.9%).
- Net income of 39,342,705,120 contributed positively to equity growth.
- Dividend payments of 7,258,282,250 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩39.34 Billion | +19.43% |
| Dividends Paid | ₩7.26 Billion | -3.59% |
| Other Changes | ₩1.50 Billion | +0.74% |
| Total Change | ₩- | 19.89% |
Book Value vs Market Value Analysis
This analysis compares Dongsung FineTec 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: 3.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.15x to 3.96x 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 | ₩4490.51 | ₩27600.00 | x |
| 2017-12-31 | ₩3241.50 | ₩27600.00 | x |
| 2018-12-31 | ₩2776.06 | ₩27600.00 | x |
| 2019-12-31 | ₩3562.92 | ₩27600.00 | x |
| 2020-12-31 | ₩4136.40 | ₩27600.00 | x |
| 2021-12-31 | ₩5064.13 | ₩27600.00 | x |
| 2022-12-31 | ₩5158.89 | ₩27600.00 | x |
| 2023-12-31 | ₩5816.00 | ₩27600.00 | x |
| 2024-12-31 | ₩6972.59 | ₩27600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongsung FineTec 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): 19.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.59%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 2.25x
- Recent ROE (19.43%) is above the historical average (9.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.09% | 7.83% | 1.26x | 1.63x | ₩3.68 Billion |
| 2003 | 9.51% | 5.33% | 0.81x | 2.20x | ₩-315.12 Million |
| 2004 | 5.19% | 3.51% | 0.52x | 2.82x | ₩-3.17 Billion |
| 2005 | 3.15% | 0.78% | 1.03x | 3.92x | ₩-4.59 Billion |
| 2006 | 14.57% | 2.83% | 1.17x | 4.40x | ₩3.41 Billion |
| 2007 | 22.08% | 4.09% | 1.32x | 4.08x | ₩11.08 Billion |
| 2014 | 22.82% | 5.59% | 1.50x | 2.73x | ₩13.21 Billion |
| 2015 | 12.49% | 4.08% | 1.23x | 2.49x | ₩2.82 Billion |
| 2016 | 8.16% | 2.91% | 1.20x | 2.34x | ₩-2.20 Billion |
| 2017 | -35.84% | -13.40% | 1.03x | 2.59x | ₩-39.58 Billion |
| 2018 | -16.54% | -6.50% | 0.92x | 2.77x | ₩-19.63 Billion |
| 2019 | 17.79% | 6.66% | 0.96x | 2.77x | ₩7.39 Billion |
| 2020 | 19.38% | 5.48% | 1.57x | 2.25x | ₩10.30 Billion |
| 2021 | 18.63% | 7.25% | 1.24x | 2.08x | ₩12.26 Billion |
| 2022 | 5.67% | 1.94% | 1.26x | 2.31x | ₩-6.44 Billion |
| 2023 | 17.63% | 5.58% | 1.47x | 2.16x | ₩12.89 Billion |
| 2024 | 19.43% | 6.59% | 1.31x | 2.25x | ₩19.10 Billion |
Industry Comparison
This section compares Dongsung FineTec Co. Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongsung FineTec Co. Ltd (033500) | ₩244.00 Billion | 16.09% | 0.98x | $328.54 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |