Fine DNC Co. Ltd (049120) - Net Assets
Based on the latest financial reports, Fine DNC Co. Ltd (049120) has net assets worth ₩40.47 Billion KRW (≈ $27.42 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 (₩93.54 Billion ≈ $63.39 Million USD) and total liabilities (₩53.07 Billion ≈ $35.97 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 asset resilience ratio of Fine DNC Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩40.47 Billion |
| % of Total Assets | 43.26% |
| Annual Growth Rate | -3.04% |
| 5-Year Change | 3.74% |
| 10-Year Change | -38.42% |
| Growth Volatility | 20.16 |
Fine DNC Co. Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Fine DNC Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Fine DNC Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for Fine DNC Co. Ltd (2005–2024)
The table below shows the annual net assets of Fine DNC Co. Ltd from 2005 to 2024. For live valuation and market cap data, see market cap of Fine DNC Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩35.53 Billion ≈ $24.08 Million |
+19.54% |
| 2023-12-31 | ₩29.72 Billion ≈ $20.14 Million |
+9.64% |
| 2022-12-31 | ₩27.11 Billion ≈ $18.37 Million |
-38.58% |
| 2021-12-31 | ₩44.14 Billion ≈ $29.91 Million |
+28.87% |
| 2020-12-31 | ₩34.25 Billion ≈ $23.21 Million |
-24.35% |
| 2019-12-31 | ₩45.28 Billion ≈ $30.68 Million |
+5.19% |
| 2018-12-31 | ₩43.04 Billion ≈ $29.17 Million |
+3.92% |
| 2017-12-31 | ₩41.42 Billion ≈ $28.07 Million |
-24.65% |
| 2016-12-31 | ₩54.97 Billion ≈ $37.25 Million |
-4.73% |
| 2015-12-31 | ₩57.70 Billion ≈ $39.10 Million |
-1.54% |
| 2014-12-31 | ₩58.60 Billion ≈ $39.71 Million |
+9.02% |
| 2013-12-31 | ₩53.75 Billion ≈ $36.43 Million |
-15.93% |
| 2012-12-31 | ₩63.93 Billion ≈ $43.33 Million |
-6.33% |
| 2011-12-31 | ₩68.26 Billion ≈ $46.26 Million |
-32.00% |
| 2008-12-31 | ₩100.37 Billion ≈ $68.02 Million |
+1.84% |
| 2007-12-31 | ₩98.56 Billion ≈ $66.79 Million |
+13.57% |
| 2006-12-31 | ₩86.78 Billion ≈ $58.81 Million |
+35.83% |
| 2005-12-31 | ₩63.89 Billion ≈ $43.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fine DNC 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 decreased by 5889631504000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩94.43 Billion | 265.76% |
| Total Equity | ₩35.53 Billion | 100.00% |
Fine DNC Co. Ltd Competitors by Market Cap
The table below lists competitors of Fine DNC Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Megachem (Thailand) Public Company Limited
BK:MGT
|
$24.44 Million |
|
Hermana Holding ASA
OL:HERMA
|
$24.44 Million |
|
Natural Health Trend
NASDAQ:NHTC
|
$24.45 Million |
|
Viking Kagit ve Seluloz AS
IS:VKING
|
$24.46 Million |
|
Cleanspace Holdings Ltd
AU:CSX
|
$24.42 Million |
|
SCGM Bhd
KLSE:7247
|
$24.41 Million |
|
Tevogen Bio Holdings Inc
NASDAQ:TVGN
|
$24.40 Million |
|
SABUY TECHNOLOGY
BK:SABUY-R
|
$24.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fine DNC Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,722,753,270 to 35,530,819,130, a change of 5,808,065,860 (19.5%).
- Net loss of 2,578,196,400 reduced equity.
- Other factors increased equity by 8,386,262,260.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.58 Billion | -7.26% |
| Other Changes | ₩8.39 Billion | +23.6% |
| Total Change | ₩- | 19.54% |
Book Value vs Market Value Analysis
This analysis compares Fine DNC 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: 1.00x
- 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 increased from 0.23x to 1.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩2958.79 | ₩680.00 | x |
| 2017-12-31 | ₩1879.70 | ₩680.00 | x |
| 2018-12-31 | ₩1752.27 | ₩680.00 | x |
| 2019-12-31 | ₩1728.93 | ₩680.00 | x |
| 2020-12-31 | ₩1307.86 | ₩680.00 | x |
| 2021-12-31 | ₩1582.44 | ₩680.00 | x |
| 2022-12-31 | ₩965.93 | ₩680.00 | x |
| 2023-12-31 | ₩849.95 | ₩680.00 | x |
| 2024-12-31 | ₩683.12 | ₩680.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fine DNC 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): -7.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.97%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.97x
- Recent ROE (-7.26%) is above the historical average (-15.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 19.45% | 9.57% | 0.96x | 2.11x | ₩6.04 Billion |
| 2006 | 8.38% | 3.76% | 1.16x | 1.92x | ₩-1.40 Billion |
| 2007 | 4.00% | 1.90% | 0.96x | 2.20x | ₩-5.53 Billion |
| 2011 | 0.28% | 0.10% | 1.30x | 2.21x | ₩-6.64 Billion |
| 2014 | 3.66% | 1.04% | 1.97x | 1.79x | ₩-3.71 Billion |
| 2015 | 0.60% | 0.20% | 1.66x | 1.76x | ₩-5.43 Billion |
| 2016 | -9.20% | -2.85% | 1.40x | 2.32x | ₩-10.56 Billion |
| 2017 | -47.98% | -12.47% | 1.48x | 2.60x | ₩-24.01 Billion |
| 2018 | 3.80% | 2.12% | 0.82x | 2.20x | ₩-2.67 Billion |
| 2019 | -8.22% | -4.80% | 0.75x | 2.29x | ₩-8.25 Billion |
| 2020 | -33.27% | -19.58% | 0.67x | 2.52x | ₩-14.82 Billion |
| 2021 | -42.68% | -63.85% | 0.26x | 2.61x | ₩-23.25 Billion |
| 2022 | -93.36% | -43.42% | 0.54x | 3.96x | ₩-28.02 Billion |
| 2023 | -34.17% | -23.35% | 0.40x | 3.64x | ₩-13.13 Billion |
| 2024 | -7.26% | -3.97% | 0.62x | 2.97x | ₩-6.13 Billion |
Industry Comparison
This section compares Fine DNC Co. Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $218,334,830,115
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fine DNC Co. Ltd (049120) | ₩40.47 Billion | 19.45% | 1.31x | $24.43 Million |
| YoungPoong (000670) | $471.92 Billion | 0.00% | 1.01x | $822.21 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $467.29 Million |
| Samick Music I (002450) | $144.58 Billion | 1.50% | 1.43x | $64.41 Million |
| Hansol Technics (004710) | $34.25 Billion | 0.00% | 5.26x | $173.10 Million |
| Sunny Elec (004770) | $30.06 Billion | 0.40% | 0.10x | $43.99 Million |
| Samyoung Elec (005680) | $363.17 Billion | 5.47% | 0.12x | $197.81 Million |
| PJ Electronics Co. Ltd (006140) | $109.57 Billion | 4.53% | 0.33x | $71.73 Million |
| Isupetasys (007660) | $168.70 Billion | 12.06% | 1.02x | $7.48 Billion |
| Korea Circuit Co. Ltd. (007810) | $128.70 Billion | 2.46% | 0.61x | $1.51 Billion |
| Korea Circuit Co Ltd (007815) | $709.89 Billion | -5.16% | 0.74x | $43.40 Million |
About Fine DNC Co. Ltd
Fine DNC Co., Ltd. manufactures and sells press molds for TC components in South Korea and internationally. The company provides top and bottom chassis, S/C converters and controls, brackets, and chassis bars for electronics; and cover pipes, bracket covers and bases, base heaters, console support brackets, shroud keys/ Nkeys, body panels, tailgates, basic plates, arms, hood and body sites, front… Read more