Duoback Co. Ltd (073190) - Net Assets
Based on the latest financial reports, Duoback Co. Ltd (073190) has net assets worth ₩10.79 Billion KRW (≈ $7.31 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 (₩20.03 Billion ≈ $13.57 Million USD) and total liabilities (₩9.23 Billion ≈ $6.26 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 financial resilience of Duoback Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩10.79 Billion |
| % of Total Assets | 53.9% |
| Annual Growth Rate | -8.94% |
| 5-Year Change | -53.49% |
| 10-Year Change | -64.76% |
| Growth Volatility | 7.55 |
Duoback Co. Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Duoback Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Duoback Co. Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Duoback Co. Ltd (2010–2024)
The table below shows the annual net assets of Duoback Co. Ltd from 2010 to 2024. For live valuation and market cap data, see Duoback Co. Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩13.04 Billion ≈ $8.83 Million |
-20.22% |
| 2023-12-31 | ₩16.34 Billion ≈ $11.07 Million |
-20.82% |
| 2022-12-31 | ₩20.64 Billion ≈ $13.99 Million |
-14.93% |
| 2021-12-31 | ₩24.26 Billion ≈ $16.44 Million |
-13.46% |
| 2020-12-31 | ₩28.03 Billion ≈ $19.00 Million |
+2.31% |
| 2019-12-31 | ₩27.40 Billion ≈ $18.57 Million |
-9.57% |
| 2018-12-31 | ₩30.30 Billion ≈ $20.53 Million |
-9.36% |
| 2017-12-31 | ₩33.43 Billion ≈ $22.65 Million |
+4.69% |
| 2016-12-31 | ₩31.93 Billion ≈ $21.64 Million |
-13.70% |
| 2015-12-31 | ₩37.00 Billion ≈ $25.07 Million |
-9.94% |
| 2014-12-31 | ₩41.08 Billion ≈ $27.84 Million |
-8.78% |
| 2013-12-31 | ₩45.03 Billion ≈ $30.52 Million |
-3.26% |
| 2012-12-31 | ₩46.55 Billion ≈ $31.55 Million |
-3.72% |
| 2011-12-31 | ₩48.35 Billion ≈ $32.77 Million |
-0.07% |
| 2010-12-31 | ₩48.38 Billion ≈ $32.79 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Duoback 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 159694031000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.60 Billion | 12.25% |
| Common Stock | ₩5.98 Billion | 45.90% |
| Other Components | ₩5.46 Billion | 41.85% |
| Total Equity | ₩13.04 Billion | 100.00% |
Duoback Co. Ltd Competitors by Market Cap
The table below lists competitors of Duoback Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Legend Power Systems Inc
V:LPS
|
$9.75 Million |
|
Deutsche Grundstücksauktionen AG
XETRA:DGR
|
$9.76 Million |
|
Izoblok
WAR:IZB
|
$9.76 Million |
|
Raiden Resources Ltd
AU:RDN
|
$9.77 Million |
|
Oakley Capital Investments Limited
LSE:OCI
|
$9.75 Million |
|
Kangyue Technology Co Ltd
SHE:300391
|
$9.74 Million |
|
AJ Lucas Group Ltd
AU:AJL
|
$9.73 Million |
|
Capital Gearing Trust
LSE:CGT
|
$9.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Duoback Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,340,893,730 to 13,036,671,770, a change of -3,304,221,960 (-20.2%).
- Net loss of 3,560,950,900 reduced equity.
- Other factors increased equity by 256,728,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.56 Billion | -27.31% |
| Other Changes | ₩256.73 Million | +1.97% |
| Total Change | ₩- | -20.22% |
Book Value vs Market Value Analysis
This analysis compares Duoback 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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.45x to 1.10x 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 | ₩2885.89 | ₩1300.00 | x |
| 2017-12-31 | ₩3021.37 | ₩1300.00 | x |
| 2018-12-31 | ₩2738.64 | ₩1300.00 | x |
| 2019-12-31 | ₩2476.55 | ₩1300.00 | x |
| 2020-12-31 | ₩2533.80 | ₩1300.00 | x |
| 2021-12-31 | ₩2192.80 | ₩1300.00 | x |
| 2022-12-31 | ₩1865.48 | ₩1300.00 | x |
| 2023-12-31 | ₩1477.02 | ₩1300.00 | x |
| 2024-12-31 | ₩1178.36 | ₩1300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Duoback 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): -27.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.41%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.75x
- Recent ROE (-27.31%) is below the historical average (-8.44%), 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 | 6.21% | 7.24% | 0.74x | 1.16x | ₩-1.80 Billion |
| 2011 | 5.12% | 5.62% | 0.77x | 1.18x | ₩-2.32 Billion |
| 2012 | -0.26% | -0.30% | 0.75x | 1.13x | ₩-4.66 Billion |
| 2013 | -1.74% | -1.91% | 0.78x | 1.16x | ₩-5.21 Billion |
| 2014 | -9.24% | -9.04% | 0.90x | 1.14x | ₩-7.85 Billion |
| 2015 | -9.16% | -9.73% | 0.80x | 1.17x | ₩-7.09 Billion |
| 2016 | -17.41% | -17.11% | 0.85x | 1.19x | ₩-8.75 Billion |
| 2017 | 3.96% | 3.40% | 0.99x | 1.18x | ₩-2.02 Billion |
| 2018 | -10.66% | -9.88% | 0.96x | 1.12x | ₩-6.26 Billion |
| 2019 | -10.40% | -8.95% | 0.98x | 1.19x | ₩-5.59 Billion |
| 2020 | 2.62% | 1.66% | 1.28x | 1.23x | ₩-2.07 Billion |
| 2021 | -16.89% | -10.60% | 1.35x | 1.18x | ₩-6.52 Billion |
| 2022 | -17.92% | -11.71% | 1.16x | 1.31x | ₩-5.76 Billion |
| 2023 | -23.46% | -16.14% | 0.96x | 1.51x | ₩-5.47 Billion |
| 2024 | -27.31% | -15.41% | 1.01x | 1.75x | ₩-4.86 Billion |
Industry Comparison
This section compares Duoback Co. Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $143,295,750,570
- Average return on equity (ROE) among peers: 10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Duoback Co. Ltd (073190) | ₩10.79 Billion | 6.21% | 0.86x | $9.75 Million |
| VT GMP Co.Ltd (018290) | $77.84 Billion | 19.16% | 1.67x | $407.94 Million |
| Korea Information & Communications Co. Ltd (025770) | $14.98 Billion | 0.00% | 7.31x | $272.46 Million |
| Sindoh (029530) | $337.07 Billion | 11.86% | 0.18x | $291.88 Million |
About Duoback Co. Ltd
Duoback Co., Ltd. manufactures and sells office furniture products in South Korea and internationally. It offers student/office, child, gaming, high end, executive, interior, and low chairs, as well as sofas/stools; general/office, standing, gaming, and children's desk; and side and sofa tables, chiffoniers, and storage cabinets under the duo bag, B plus, weinz, Smith S3, Magis, quero, Hypers, He… Read more