DK-Lok Corporation
DK-Lok Corporation, together with its subsidiaries, manufactures and sells fittings and valves in South Korea, the United States, Italy, the United Arab Emirates, Middle East, Asia, and Oceania. The company provides tube, instrumentation pipe and weld, bite type, O-ring face seal, JIC tube, ultra torr vacuum, push-on hose, c, hose adapter, hydraulic pipe, aerospace, and high pressure fittings and… Read more
DK-Lok Corporation (105740) - Net Assets
Latest net assets as of September 2025: ₩134.16 Billion KRW
Based on the latest financial reports, DK-Lok Corporation (105740) has net assets worth ₩134.16 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 (₩218.19 Billion) and total liabilities (₩84.03 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 | ₩134.16 Billion |
| % of Total Assets | 61.49% |
| Annual Growth Rate | 5.97% |
| 5-Year Change | 44.3% |
| 10-Year Change | 73.33% |
| Growth Volatility | 6.4 |
DK-Lok Corporation - Net Assets Trend (2014–2024)
This chart illustrates how DK-Lok Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DK-Lok Corporation (2014–2024)
The table below shows the annual net assets of DK-Lok Corporation from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩131.86 Billion | -0.77% |
| 2023-12-31 | ₩132.89 Billion | +17.88% |
| 2022-12-31 | ₩112.73 Billion | +13.94% |
| 2021-12-31 | ₩98.94 Billion | +8.27% |
| 2020-12-31 | ₩91.38 Billion | -1.65% |
| 2019-12-31 | ₩92.91 Billion | +9.66% |
| 2018-12-31 | ₩84.73 Billion | +9.83% |
| 2017-12-31 | ₩77.14 Billion | -0.44% |
| 2016-12-31 | ₩77.48 Billion | +1.85% |
| 2015-12-31 | ₩76.07 Billion | +2.99% |
| 2014-12-31 | ₩73.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DK-Lok Corporation'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 78.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩78.21 Billion | 59.34% |
| Common Stock | ₩5.08 Billion | 3.86% |
| Other Components | ₩48.52 Billion | 36.81% |
| Total Equity | ₩131.81 Billion | 100.00% |
DK-Lok Corporation Competitors by Market Cap
The table below lists competitors of DK-Lok Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS
IS:QUAGR
|
$41.84 Million |
|
Chi Sheng Chemical
TWO:4111
|
$41.85 Million |
|
I-Tech
ST:ITECH
|
$41.86 Million |
|
QuantaMatrix Inc.
KQ:317690
|
$41.89 Million |
|
South Basic Chemicals JSC
VN:CSV
|
$41.81 Million |
|
Adler Group S.A
PINK:ADPPF
|
$41.80 Million |
|
Battalion Oil Corp
NYSE MKT:BATL
|
$41.80 Million |
|
Hitejinro Holdings
KO:000140
|
$41.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DK-Lok Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 132,885,927,000 to 131,812,963,000, a change of -1,072,964,000 (-0.8%).
- Net income of 2,130,567,890 contributed positively to equity growth.
- Dividend payments of 2,538,944,240 reduced retained earnings.
- Share repurchases of 1,896,816,820 reduced equity.
- New share issuances of 73,872,760 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.13 Billion | +1.62% |
| Dividends Paid | ₩2.54 Billion | -1.93% |
| Share Repurchases | ₩1.90 Billion | -1.44% |
| Share Issuances | ₩73.87 Million | +0.06% |
| Other Changes | ₩1.16 Billion | +0.88% |
| Total Change | ₩- | -0.81% |
Book Value vs Market Value Analysis
This analysis compares DK-Lok Corporation'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: 0.74x
- 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 decreased from 0.97x to 0.74x 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 | ₩9863.45 | ₩9570.00 | x |
| 2017-12-31 | ₩9820.19 | ₩9570.00 | x |
| 2018-12-31 | ₩10291.13 | ₩9570.00 | x |
| 2019-12-31 | ₩10995.46 | ₩9570.00 | x |
| 2020-12-31 | ₩10814.22 | ₩9570.00 | x |
| 2021-12-31 | ₩11708.83 | ₩9570.00 | x |
| 2022-12-31 | ₩12310.02 | ₩9570.00 | x |
| 2023-12-31 | ₩13083.81 | ₩9570.00 | x |
| 2024-12-31 | ₩12962.86 | ₩9570.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DK-Lok Corporation 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): 1.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.16%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.50x
- Recent ROE (1.62%) is below the historical average (5.20%), 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 | 7.71% | 9.63% | 0.60x | 1.33x | ₩-1.69 Billion |
| 2015 | 5.29% | 7.41% | 0.56x | 1.28x | ₩-3.58 Billion |
| 2016 | 3.36% | 5.01% | 0.53x | 1.26x | ₩-5.14 Billion |
| 2017 | 0.63% | 0.91% | 0.54x | 1.29x | ₩-7.23 Billion |
| 2018 | 6.61% | 8.42% | 0.61x | 1.29x | ₩-2.87 Billion |
| 2019 | 9.14% | 11.42% | 0.60x | 1.33x | ₩-794.82 Million |
| 2020 | -0.13% | -0.17% | 0.49x | 1.60x | ₩-9.26 Billion |
| 2021 | 9.09% | 10.52% | 0.56x | 1.55x | ₩-895.50 Million |
| 2022 | 5.19% | 5.32% | 0.64x | 1.53x | ₩-5.43 Billion |
| 2023 | 8.69% | 10.37% | 0.58x | 1.44x | ₩-1.74 Billion |
| 2024 | 1.62% | 2.16% | 0.50x | 1.50x | ₩-11.05 Billion |
Industry Comparison
This section compares DK-Lok Corporation's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $168,662,328,372
- Average return on equity (ROE) among peers: 7.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DK-Lok Corporation (105740) | ₩134.16 Billion | 7.71% | 0.63x | $41.81 Million |
| Namsun Alumini (008350) | $74.23 Billion | 33.34% | 2.50x | $103.30 Million |
| Namsun Aluminium Co Ltd (008355) | $147.81 Billion | 14.71% | 0.93x | $866.35 Million |
| Dae Chang (012800) | $215.09 Billion | 2.35% | 1.68x | $42.19 Million |
| Sung Kwang Bend Co.Ltd (014620) | $469.07 Billion | 0.97% | 0.13x | $363.40 Million |
| Seowon (021050) | $124.00 Billion | -8.19% | 0.99x | $25.62 Million |
| Lee Ku Ind (025820) | $108.92 Billion | 1.97% | 1.52x | $57.19 Million |
| Nara Mold & Die Co. Ltd (051490) | $73.83 Billion | 5.99% | 1.13x | $23.31 Million |
| Posco C&C Stl (058430) | $204.96 Billion | 15.18% | 0.98x | $79.60 Million |
| Haisung TPC Co. Ltd. (059270) | $39.89 Billion | -1.95% | 0.09x | $56.97 Million |
| Kishin Corporation (092440) | $228.83 Billion | 8.10% | 0.07x | $13.16 Million |