Daesung Finetec Co.Ltd
Daesung Finetec Co.,Ltd., together with its subsidiaries, engages in the development, manufacture, and sales of ICT-based amusement and games in Korea. The company also offers gravity-based racing vehicles and tracks. In addition, it is involved in planning and design of theme parks and related franchising businesses. Further, the company engages in theme park operation business; and processing f… Read more
Daesung Finetec Co.Ltd (104040) - Net Assets
Latest net assets as of September 2025: ₩114.80 Billion KRW
Based on the latest financial reports, Daesung Finetec Co.Ltd (104040) has net assets worth ₩114.80 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 (₩228.68 Billion) and total liabilities (₩113.88 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 | ₩114.80 Billion |
| % of Total Assets | 50.2% |
| Annual Growth Rate | 8.53% |
| 5-Year Change | 20.36% |
| 10-Year Change | 78.44% |
| Growth Volatility | 9.59 |
Daesung Finetec Co.Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Daesung Finetec 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 Daesung Finetec Co.Ltd (2011–2024)
The table below shows the annual net assets of Daesung Finetec Co.Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩64.78 Billion | +30.52% |
| 2023-12-31 | ₩49.63 Billion | -3.98% |
| 2022-12-31 | ₩51.69 Billion | -5.63% |
| 2021-12-31 | ₩54.77 Billion | +1.77% |
| 2020-12-31 | ₩53.82 Billion | +1.58% |
| 2019-12-31 | ₩52.98 Billion | +2.67% |
| 2018-12-31 | ₩51.61 Billion | +5.91% |
| 2017-12-31 | ₩48.73 Billion | +16.58% |
| 2016-12-31 | ₩41.80 Billion | +15.14% |
| 2015-12-31 | ₩36.30 Billion | +13.30% |
| 2014-12-31 | ₩32.04 Billion | +11.35% |
| 2013-12-31 | ₩28.77 Billion | +9.56% |
| 2012-12-31 | ₩26.26 Billion | +17.51% |
| 2011-12-31 | ₩22.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daesung Finetec 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 3932673059000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩39.33 Billion | 60.71% |
| Common Stock | ₩4.72 Billion | 7.29% |
| Other Components | ₩20.73 Billion | 32.00% |
| Total Equity | ₩64.78 Billion | 100.00% |
Daesung Finetec Co.Ltd Competitors by Market Cap
The table below lists competitors of Daesung Finetec Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pyxus International Inc
PINK:PYYX
|
$24.26 Million |
|
INFOvine co. Ltd
KQ:115310
|
$24.26 Million |
|
EarthLabs Inc.
F:8EK0
|
$24.28 Million |
|
BIOREM Inc
PINK:BIRMF
|
$24.28 Million |
|
Appro Photoelectron Inc.
TWO:6560
|
$24.25 Million |
|
T.S. Investment Corp.
KQ:246690
|
$24.25 Million |
|
Hwashin Precision Engineering Co. Ltd
KQ:126640
|
$24.25 Million |
|
Mas Murni Indonesia Tbk
JK:MAMI
|
$24.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daesung Finetec Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,632,237,440 to 64,781,484,130, a change of 15,149,246,690 (30.5%).
- Net income of 763,563,680 contributed positively to equity growth.
- Share repurchases of 13,999,994,290 reduced equity.
- New share issuances of 13,999,994,290 increased equity.
- Other factors increased equity by 14,385,683,010.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩763.56 Million | +1.18% |
| Share Repurchases | ₩14.00 Billion | -21.61% |
| Share Issuances | ₩14.00 Billion | +21.61% |
| Other Changes | ₩14.39 Billion | +22.21% |
| Total Change | ₩- | 30.52% |
Book Value vs Market Value Analysis
This analysis compares Daesung Finetec 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: 0.47x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1501.25 | ₩657.00 | x |
| 2017-12-31 | ₩1574.92 | ₩657.00 | x |
| 2018-12-31 | ₩1682.82 | ₩657.00 | x |
| 2019-12-31 | ₩1727.70 | ₩657.00 | x |
| 2020-12-31 | ₩1754.99 | ₩657.00 | x |
| 2021-12-31 | ₩1786.07 | ₩657.00 | x |
| 2022-12-31 | ₩1685.44 | ₩657.00 | x |
| 2023-12-31 | ₩1618.39 | ₩657.00 | x |
| 2024-12-31 | ₩1390.42 | ₩657.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daesung Finetec 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): 1.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.08%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.38x
- Recent ROE (1.18%) is below the historical average (3.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.42% | 8.55% | 0.74x | 1.64x | ₩133.35 Million |
| 2015 | 11.11% | 9.08% | 0.75x | 1.63x | ₩401.68 Million |
| 2016 | 9.48% | 8.32% | 0.70x | 1.62x | ₩-215.32 Million |
| 2017 | 4.41% | 5.06% | 0.49x | 1.80x | ₩-2.72 Billion |
| 2018 | 5.76% | 7.70% | 0.42x | 1.79x | ₩-2.19 Billion |
| 2019 | 2.30% | 3.25% | 0.41x | 1.74x | ₩-4.08 Billion |
| 2020 | 3.00% | 5.04% | 0.37x | 1.61x | ₩-3.77 Billion |
| 2021 | 1.74% | 2.90% | 0.39x | 1.52x | ₩-4.52 Billion |
| 2022 | -5.97% | -11.32% | 0.34x | 1.55x | ₩-8.26 Billion |
| 2023 | -4.14% | -6.99% | 0.39x | 1.51x | ₩-7.02 Billion |
| 2024 | 1.18% | 2.08% | 0.41x | 1.38x | ₩-5.71 Billion |
Industry Comparison
This section compares Daesung Finetec Co.Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daesung Finetec Co.Ltd (104040) | ₩114.80 Billion | 10.42% | 0.99x | $24.26 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |