DaeChang Solution Co. Ltd
DaeChang Solution Co., Ltd. produces marine engine parts, machinery parts, power plant parts, and offshore plant parts primarily in South Korea. The company's marine engine parts include cylinder covers, piston crowns, main bearing supports, chain wheels, rudder horns, stern bosses and tubes, tillers, fore castings, and rudder uppers and carriers; and machinery parts comprise impellers, mold base… Read more
DaeChang Solution Co. Ltd (096350) - Net Assets
Latest net assets as of September 2025: ₩37.12 Billion KRW
Based on the latest financial reports, DaeChang Solution Co. Ltd (096350) has net assets worth ₩37.12 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 (₩141.36 Billion) and total liabilities (₩104.24 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 | ₩37.12 Billion |
| % of Total Assets | 26.26% |
| Annual Growth Rate | -8.8% |
| 5-Year Change | -37.28% |
| 10-Year Change | -57.17% |
| Growth Volatility | 16.74 |
DaeChang Solution Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how DaeChang Solution 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 DaeChang Solution Co. Ltd (2012–2024)
The table below shows the annual net assets of DaeChang Solution Co. Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩26.84 Billion | -10.91% |
| 2023-12-31 | ₩30.13 Billion | +14.27% |
| 2022-12-31 | ₩26.36 Billion | -21.26% |
| 2021-12-31 | ₩33.48 Billion | -21.75% |
| 2020-12-31 | ₩42.79 Billion | -35.30% |
| 2019-12-31 | ₩66.14 Billion | +31.13% |
| 2018-12-31 | ₩50.44 Billion | -10.21% |
| 2017-12-31 | ₩56.17 Billion | -3.56% |
| 2016-12-31 | ₩58.24 Billion | -7.06% |
| 2015-12-31 | ₩62.67 Billion | -3.89% |
| 2014-12-31 | ₩65.20 Billion | -19.14% |
| 2013-12-31 | ₩80.64 Billion | -0.53% |
| 2012-12-31 | ₩81.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DaeChang Solution 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 4646930958000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩16.38 Billion | 61.02% |
| Other Components | ₩56.93 Billion | 212.13% |
| Total Equity | ₩26.84 Billion | 100.00% |
DaeChang Solution Co. Ltd Competitors by Market Cap
The table below lists competitors of DaeChang Solution Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEST SPAC I Acquisition Corp. Class A Ordinary Shares
NASDAQ:BSAA
|
$53.52 Million |
|
D0X
F:D0X
|
$53.54 Million |
|
ZENTEK LTD.
F:ZAY0
|
$53.55 Million |
|
Excel Industries Limited
NSE:EXCELINDUS
|
$53.55 Million |
|
Kootenay Silver Inc
OTCQX:KOOYF
|
$53.49 Million |
|
SulNOx Group PLC
OTCQX:SNOXF
|
$53.48 Million |
|
Muhibbah Engineering M Bhd
KLSE:5703
|
$53.45 Million |
|
Reward Wool Industry Corp
TW:1423
|
$53.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DaeChang Solution Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,125,659,570 to 26,838,750,530, a change of -3,286,909,040 (-10.9%).
- Net loss of 3,086,749,570 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.09 Billion | -11.5% |
| Other Changes | ₩-200.16 Million | -0.75% |
| Total Change | ₩- | -10.91% |
Book Value vs Market Value Analysis
This analysis compares DaeChang Solution 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: 18.06x
- 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 increased from 3.20x to 18.06x 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 | ₩951.65 | ₩3045.00 | x |
| 2017-12-31 | ₩650.18 | ₩3045.00 | x |
| 2018-12-31 | ₩485.66 | ₩3045.00 | x |
| 2019-12-31 | ₩424.43 | ₩3045.00 | x |
| 2020-12-31 | ₩268.85 | ₩3045.00 | x |
| 2021-12-31 | ₩210.38 | ₩3045.00 | x |
| 2022-12-31 | ₩165.65 | ₩3045.00 | x |
| 2023-12-31 | ₩189.28 | ₩3045.00 | x |
| 2024-12-31 | ₩168.63 | ₩3045.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DaeChang Solution 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): -11.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.03%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 5.05x
- Recent ROE (-11.50%) is above the historical average (-19.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -19.17% | -15.12% | 0.54x | 2.36x | ₩-19.02 Billion |
| 2015 | -3.39% | -3.56% | 0.39x | 2.46x | ₩-8.39 Billion |
| 2016 | -14.37% | -16.97% | 0.34x | 2.52x | ₩-14.20 Billion |
| 2017 | -20.16% | -26.48% | 0.31x | 2.44x | ₩-16.94 Billion |
| 2018 | -22.03% | -21.51% | 0.34x | 3.00x | ₩-16.15 Billion |
| 2019 | -7.27% | -7.38% | 0.42x | 2.37x | ₩-11.42 Billion |
| 2020 | -62.28% | -56.05% | 0.38x | 2.91x | ₩-30.93 Billion |
| 2021 | -39.73% | -27.02% | 0.41x | 3.57x | ₩-16.65 Billion |
| 2022 | -26.50% | -13.24% | 0.42x | 4.71x | ₩-9.62 Billion |
| 2023 | 7.76% | 3.26% | 0.56x | 4.28x | ₩-675.91 Million |
| 2024 | -11.50% | -5.03% | 0.45x | 5.05x | ₩-5.77 Billion |
Industry Comparison
This section compares DaeChang Solution Co. Ltd's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $125,533,553,088
- Average return on equity (ROE) among peers: -1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DaeChang Solution Co. Ltd (096350) | ₩37.12 Billion | -19.17% | 2.81x | $53.50 Million |
| Bosung Power Technology Co. Ltd (006910) | $34.47 Billion | -13.92% | 1.45x | $270.01 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $41.93 Billion | 13.77% | 2.17x | $22.94 Million |
| SMCore.Inc (007820) | $48.67 Billion | -38.33% | 0.68x | $55.82 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $42.57 Billion | 8.28% | 1.10x | $18.89 Million |
| Nuintek Co.Ltd (012340) | $17.85 Billion | 0.00% | 2.29x | $5.61 Million |
| CAS Corporation (016920) | $37.84 Billion | -15.22% | 2.46x | $10.39 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $78.58 Billion | 5.96% | 0.13x | $61.65 Million |
| Enertork Ltd (019990) | $41.59 Billion | 1.28% | 0.07x | $36.12 Million |
| Tae Kwang Corporation (023160) | $575.39 Billion | 9.57% | 0.09x | $274.01 Million |
| Young Poong Precision Corporation (036560) | $336.45 Billion | 8.68% | 0.18x | $64.42 Million |