Digital Daesung Co. Ltd (068930) - Net Assets
Based on the latest financial reports, Digital Daesung Co. Ltd (068930) has net assets worth ₩175.11 Billion KRW (≈ $118.67 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 (₩341.00 Billion ≈ $231.09 Million USD) and total liabilities (₩165.89 Billion ≈ $112.42 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 how resilient are Digital Daesung Co. Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩175.11 Billion |
| % of Total Assets | 51.35% |
| Annual Growth Rate | 10.72% |
| 5-Year Change | 87.12% |
| 10-Year Change | 158.27% |
| Growth Volatility | 20.21 |
Digital Daesung Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Digital Daesung Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Digital Daesung Co. Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Digital Daesung Co. Ltd (2014–2024)
The table below shows the annual net assets of Digital Daesung Co. Ltd from 2014 to 2024. For live valuation and market cap data, see market cap of Digital Daesung Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩161.09 Billion ≈ $109.17 Million |
-4.53% |
| 2023-12-31 | ₩168.73 Billion ≈ $114.35 Million |
+9.08% |
| 2022-12-31 | ₩154.68 Billion ≈ $104.83 Million |
+6.05% |
| 2021-12-31 | ₩145.85 Billion ≈ $98.84 Million |
+69.42% |
| 2020-12-31 | ₩86.09 Billion ≈ $58.34 Million |
+3.35% |
| 2019-12-31 | ₩83.30 Billion ≈ $56.45 Million |
+21.98% |
| 2018-12-31 | ₩68.29 Billion ≈ $46.28 Million |
-1.54% |
| 2017-12-31 | ₩69.36 Billion ≈ $47.00 Million |
+7.29% |
| 2016-12-31 | ₩64.64 Billion ≈ $43.81 Million |
+3.64% |
| 2015-12-31 | ₩62.37 Billion ≈ $42.27 Million |
+7.23% |
| 2014-12-31 | ₩58.17 Billion ≈ $39.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Digital Daesung 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 384.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩84.73 Billion | 63.65% |
| Common Stock | ₩14.91 Billion | 11.20% |
| Other Components | ₩33.48 Billion | 25.15% |
| Total Equity | ₩133.11 Billion | 100.00% |
Digital Daesung Co. Ltd Competitors by Market Cap
The table below lists competitors of Digital Daesung Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Xinhua Pharmaceutical Company Limited
F:XIN
|
$147.04 Million |
|
Sea Harvest Group Ltd
JSE:SHG
|
$147.08 Million |
|
Victoria Investama Tbk
JK:VICO
|
$147.12 Million |
|
Vente Unique.com
PA:ALVU
|
$147.17 Million |
|
LK CHEM
KQ:489500
|
$146.99 Million |
|
Tecogen Inc.
NYSE:TGEN
|
$146.97 Million |
|
AMREP Corporation
NYSE:AXR
|
$146.95 Million |
|
Nekkar Asa
OL:NKR
|
$146.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Digital Daesung Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,032,442,930 to 133,112,527,320, a change of -23,919,915,610 (-15.2%).
- Net income of 15,163,176,380 contributed positively to equity growth.
- Dividend payments of 5,240,720,000 reduced retained earnings.
- Other factors decreased equity by 33,842,371,990.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.16 Billion | +11.39% |
| Dividends Paid | ₩5.24 Billion | -3.94% |
| Other Changes | ₩-33.84 Billion | -25.42% |
| Total Change | ₩- | -15.23% |
Book Value vs Market Value Analysis
This analysis compares Digital Daesung 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: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.46x to 1.63x 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 | ₩3371.31 | ₩8280.00 | x |
| 2017-12-31 | ₩3590.50 | ₩8280.00 | x |
| 2018-12-31 | ₩3642.24 | ₩8280.00 | x |
| 2019-12-31 | ₩4291.20 | ₩8280.00 | x |
| 2020-12-31 | ₩4408.63 | ₩8280.00 | x |
| 2021-12-31 | ₩5502.40 | ₩8280.00 | x |
| 2022-12-31 | ₩5757.83 | ₩8280.00 | x |
| 2023-12-31 | ₩5992.78 | ₩8280.00 | x |
| 2024-12-31 | ₩5079.93 | ₩8280.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Digital Daesung 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): 11.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.96%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.54x
- Recent ROE (11.39%) is above the historical average (10.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.62% | 8.72% | 0.85x | 1.16x | ₩-805.41 Million |
| 2015 | 8.54% | 8.64% | 0.65x | 1.51x | ₩-893.22 Million |
| 2016 | 10.82% | 8.38% | 0.88x | 1.46x | ₩532.80 Million |
| 2017 | 10.42% | 8.04% | 0.86x | 1.51x | ₩289.36 Million |
| 2018 | 8.55% | 5.46% | 0.95x | 1.64x | ₩-991.97 Million |
| 2019 | 17.92% | 10.62% | 0.99x | 1.71x | ₩6.60 Billion |
| 2020 | 10.07% | 5.84% | 0.98x | 1.75x | ₩61.92 Million |
| 2021 | 11.75% | 8.70% | 0.85x | 1.59x | ₩2.55 Billion |
| 2022 | 11.75% | 8.62% | 0.86x | 1.59x | ₩2.71 Billion |
| 2023 | 7.97% | 5.92% | 0.85x | 1.58x | ₩-3.18 Billion |
| 2024 | 11.39% | 6.96% | 0.64x | 2.54x | ₩1.85 Billion |
Industry Comparison
This section compares Digital Daesung Co. Ltd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $293,528,212,164
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Digital Daesung Co. Ltd (068930) | ₩175.11 Billion | 8.62% | 0.95x | $147.03 Million |
| Daekyo (019680) | $516.40 Billion | -8.45% | 0.58x | $68.40 Million |
| Daekyo Co Ltd (019685) | $640.83 Billion | 6.31% | 0.31x | $9.86 Million |
| JLS Co.Ltd (040420) | $77.79 Billion | 17.10% | 0.28x | $60.84 Million |
| MegaMD Co. Ltd (133750) | $60.80 Billion | 14.40% | 0.47x | $28.00 Million |
| MegaStudyEdu Co. Ltd (215200) | $171.82 Billion | 4.66% | 0.33x | $332.74 Million |
About Digital Daesung Co. Ltd
Digital Daesung Co., Ltd. provides online and offline educational services in South Korea and internationally. The company operates an online lecture site that offers various learning content to high school students. It also engages in the franchise business; and provision of elementary to higher education services. In addition, the company operates a Daesung Academy; and acts as an advertising a… Read more