DASAN Networks Inc (039560) - Net Assets
Based on the latest financial reports, DASAN Networks Inc (039560) has net assets worth ₩377.84 Billion KRW (≈ $256.06 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 (₩651.66 Billion ≈ $441.62 Million USD) and total liabilities (₩273.81 Billion ≈ $185.56 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 DASAN Networks Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩377.84 Billion |
| % of Total Assets | 57.98% |
| Annual Growth Rate | 4.73% |
| 5-Year Change | 68.93% |
| 10-Year Change | 108.09% |
| Growth Volatility | 31.71 |
DASAN Networks Inc - Net Assets Trend (2010–2024)
This chart illustrates how DASAN Networks Inc's net assets have evolved over time, based on quarterly financial data. Also explore DASAN Networks Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for DASAN Networks Inc (2010–2024)
The table below shows the annual net assets of DASAN Networks Inc from 2010 to 2024. For live valuation and market cap data, see 039560 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩265.43 Billion ≈ $179.88 Million |
-10.57% |
| 2023-12-31 | ₩296.78 Billion ≈ $201.13 Million |
-21.64% |
| 2022-12-31 | ₩378.76 Billion ≈ $256.68 Million |
+114.69% |
| 2021-12-31 | ₩176.42 Billion ≈ $119.56 Million |
+12.28% |
| 2020-12-31 | ₩157.13 Billion ≈ $106.48 Million |
-2.07% |
| 2019-12-31 | ₩160.45 Billion ≈ $108.74 Million |
+23.79% |
| 2018-12-31 | ₩129.61 Billion ≈ $87.84 Million |
-0.65% |
| 2017-12-31 | ₩130.46 Billion ≈ $88.41 Million |
+16.50% |
| 2016-12-31 | ₩111.98 Billion ≈ $75.89 Million |
-12.21% |
| 2015-12-31 | ₩127.55 Billion ≈ $86.44 Million |
-4.58% |
| 2014-12-31 | ₩133.67 Billion ≈ $90.59 Million |
-3.47% |
| 2013-12-31 | ₩138.47 Billion ≈ $93.84 Million |
+3.45% |
| 2012-12-31 | ₩133.86 Billion ≈ $90.71 Million |
-6.66% |
| 2011-12-31 | ₩143.40 Billion ≈ $97.18 Million |
+3.23% |
| 2010-12-31 | ₩138.92 Billion ≈ $94.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DASAN Networks 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 1200968179000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩12.01 Billion | 4.52% |
| Common Stock | ₩20.98 Billion | 7.90% |
| Other Components | ₩232.44 Billion | 87.57% |
| Total Equity | ₩265.43 Billion | 100.00% |
DASAN Networks Inc Competitors by Market Cap
The table below lists competitors of DASAN Networks Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dala Energi AB
ST:DE
|
$132.00 Million |
|
IKIO Lighting Limited
NSE:IKIO
|
$132.01 Million |
|
Fu Chun Shin Machinery Manufacture Co Ltd
TWO:6603
|
$132.06 Million |
|
FDC International Hotels Corp
TW:2748
|
$132.14 Million |
|
Chenghe Acquisition III Co. Class A Ordinary Share
NASDAQ:CHEC
|
$131.95 Million |
|
OBI Pharma
TWO:4174
|
$131.94 Million |
|
SHL Consolidated Bhd
KLSE:6017
|
$131.91 Million |
|
Graphene Manufacturing Group Ltd
V:GMG
|
$131.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DASAN Networks Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 296,783,896,580 to 265,427,074,960, a change of -31,356,821,620 (-10.6%).
- Net loss of 24,903,486,920 reduced equity.
- Share repurchases of 41,082,480 reduced equity.
- Other factors decreased equity by 6,412,252,220.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-24.90 Billion | -9.38% |
| Share Repurchases | ₩41.08 Million | -0.02% |
| Other Changes | ₩-6.41 Billion | -2.42% |
| Total Change | ₩- | -10.57% |
Book Value vs Market Value Analysis
This analysis compares DASAN Networks 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: 0.73x
- 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 0.87x to 0.73x 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 | ₩5793.49 | ₩5020.00 | x |
| 2017-12-31 | ₩5638.54 | ₩5020.00 | x |
| 2018-12-31 | ₩4774.67 | ₩5020.00 | x |
| 2019-12-31 | ₩5133.51 | ₩5020.00 | x |
| 2020-12-31 | ₩4585.32 | ₩5020.00 | x |
| 2021-12-31 | ₩4961.51 | ₩5020.00 | x |
| 2022-12-31 | ₩10651.85 | ₩5020.00 | x |
| 2023-12-31 | ₩7672.15 | ₩5020.00 | x |
| 2024-12-31 | ₩6861.55 | ₩5020.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DASAN Networks 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): -9.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.38%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.34x
- Recent ROE (-9.38%) is below the historical average (-3.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 14.76% | 9.65% | 0.77x | 1.99x | ₩6.54 Billion |
| 2013 | 1.00% | 0.96% | 0.59x | 1.76x | ₩-12.30 Billion |
| 2014 | -2.06% | -1.67% | 0.63x | 1.94x | ₩-16.08 Billion |
| 2015 | -4.00% | -2.83% | 0.51x | 2.79x | ₩-17.86 Billion |
| 2016 | -31.03% | -18.39% | 0.51x | 3.32x | ₩-45.94 Billion |
| 2017 | -1.21% | -0.51% | 0.89x | 2.65x | ₩-14.62 Billion |
| 2018 | -20.10% | -7.30% | 0.97x | 2.82x | ₩-39.02 Billion |
| 2019 | 1.00% | 0.36% | 0.98x | 2.83x | ₩-14.44 Billion |
| 2020 | -8.56% | -3.32% | 0.89x | 2.88x | ₩-29.16 Billion |
| 2021 | -4.44% | -1.67% | 0.90x | 2.95x | ₩-25.47 Billion |
| 2022 | 51.72% | 242.69% | 0.17x | 1.24x | ₩158.01 Billion |
| 2023 | -31.48% | -101.24% | 0.24x | 1.31x | ₩-123.12 Billion |
| 2024 | -9.38% | -7.38% | 0.54x | 2.34x | ₩-51.45 Billion |
Industry Comparison
This section compares DASAN Networks Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $114,662,428,637
- Average return on equity (ROE) among peers: -2.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DASAN Networks Inc (039560) | ₩377.84 Billion | 14.76% | 0.72x | $131.97 Million |
| Gaon Cable (000500) | $264.57 Billion | 1.45% | 0.96x | $2.71 Billion |
| Huneed Tech (005870) | $171.78 Billion | 6.25% | 0.40x | $83.92 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $74.40 Billion | -36.66% | 1.12x | $1.12 Billion |
| Humax Holdings Co. Ltd (028080) | $230.02 Billion | 2.90% | 0.08x | $72.29 Million |
| Comtec Sys (031820) | $94.89 Billion | 1.11% | 0.70x | $61.77 Million |
| KMW Inc. (032500) | $13.41 Billion | 0.00% | 14.43x | $821.46 Million |
| Insung Information Co. Ltd (033230) | $42.75 Billion | -8.77% | 2.39x | $66.08 Million |
| Bluecom Co. Ltd (033560) | $166.80 Billion | 1.09% | 0.04x | $37.87 Million |
| Kisan Telecom Co. Ltd (035460) | $32.03 Billion | 10.36% | 1.08x | $37.89 Million |
| Samji Electronics Co. Ltd (037460) | $55.98 Billion | 0.00% | 0.21x | $329.75 Million |
About DASAN Networks Inc
DASAN Networks, Inc. provides networking solutions worldwide. The company offers networking products, and solutions, such as switches, Wi-Fi routers, and FTTH equipment for internet communication companies; software for network operation management; and automobile electronics products, including switches, Ethernet cameras, AVMs, and Ethernet test equipment. It also engages in the logistic busines… Read more