Dgenx Co. Ltd (113810) - Net Assets
Based on the latest financial reports, Dgenx Co. Ltd (113810) has net assets worth ₩23.38 Billion KRW (≈ $15.84 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 (₩57.05 Billion ≈ $38.66 Million USD) and total liabilities (₩33.67 Billion ≈ $22.82 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 tangible equity quality of Dgenx Co. Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩23.38 Billion |
| % of Total Assets | 40.98% |
| Annual Growth Rate | -3.38% |
| 5-Year Change | 70.87% |
| 10-Year Change | -21.77% |
| Growth Volatility | 22.29 |
Dgenx Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Dgenx Co. Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Dgenx Co. Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dgenx Co. Ltd (2012–2024)
The table below shows the annual net assets of Dgenx Co. Ltd from 2012 to 2024. For live valuation and market cap data, see market value of Dgenx Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩22.18 Billion ≈ $15.03 Million |
+25.59% |
| 2023-12-31 | ₩17.66 Billion ≈ $11.97 Million |
+8.41% |
| 2022-12-31 | ₩16.29 Billion ≈ $11.04 Million |
-3.63% |
| 2021-12-31 | ₩16.90 Billion ≈ $11.46 Million |
+30.23% |
| 2020-12-31 | ₩12.98 Billion ≈ $8.80 Million |
-33.38% |
| 2019-12-31 | ₩19.48 Billion ≈ $13.20 Million |
-11.63% |
| 2018-12-31 | ₩22.05 Billion ≈ $14.94 Million |
+20.68% |
| 2017-12-31 | ₩18.27 Billion ≈ $12.38 Million |
-44.70% |
| 2016-12-31 | ₩33.04 Billion ≈ $22.39 Million |
+16.52% |
| 2015-12-31 | ₩28.35 Billion ≈ $19.21 Million |
+8.09% |
| 2014-12-31 | ₩26.23 Billion ≈ $17.77 Million |
-15.78% |
| 2013-12-31 | ₩31.14 Billion ≈ $21.11 Million |
-7.07% |
| 2012-12-31 | ₩33.51 Billion ≈ $22.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dgenx 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 53.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩4.10 Billion | 18.47% |
| Common Stock | ₩16.31 Billion | 73.56% |
| Other Components | ₩1.77 Billion | 7.97% |
| Total Equity | ₩22.18 Billion | 100.00% |
Dgenx Co. Ltd Competitors by Market Cap
The table below lists competitors of Dgenx Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hindcon Chemicals Limited
NSE:HINDCON
|
$11.94 Million |
|
Kalo Gold Corp
NASDAQ:KLGDD
|
$11.95 Million |
|
HF Company SA
PA:ALHF
|
$11.95 Million |
|
SSH Group Ltd
AU:SSH
|
$11.95 Million |
|
Kucingko Berhad
KLSE:0315
|
$11.93 Million |
|
Jianzhi Education Technology Group Company Limited American Depositary Shares
NASDAQ:JZ
|
$11.91 Million |
|
Infrared Cameras Holdings Inc
NASDAQ:MSAI
|
$11.91 Million |
|
Aterian Inc
NASDAQ:ATER
|
$11.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dgenx Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,659,503,390 to 22,177,947,930, a change of 4,518,444,540 (25.6%).
- Net income of 4,487,275,450 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.49 Billion | +20.23% |
| Other Changes | ₩31.17 Million | +0.14% |
| Total Change | ₩- | 25.59% |
Book Value vs Market Value Analysis
This analysis compares Dgenx 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: 0.79x
- 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 increased from 0.39x to 0.79x 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 | ₩1372.19 | ₩540.00 | x |
| 2017-12-31 | ₩758.87 | ₩540.00 | x |
| 2018-12-31 | ₩675.76 | ₩540.00 | x |
| 2019-12-31 | ₩597.14 | ₩540.00 | x |
| 2020-12-31 | ₩397.80 | ₩540.00 | x |
| 2021-12-31 | ₩518.07 | ₩540.00 | x |
| 2022-12-31 | ₩499.25 | ₩540.00 | x |
| 2023-12-31 | ₩541.24 | ₩540.00 | x |
| 2024-12-31 | ₩679.72 | ₩540.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dgenx 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): 20.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.01%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 2.69x
- Recent ROE (20.23%) is above the historical average (-8.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.97% | 2.87% | 1.33x | 2.35x | ₩-343.71 Million |
| 2014 | -22.43% | -8.88% | 0.71x | 3.54x | ₩-8.51 Billion |
| 2015 | 6.44% | 1.77% | 1.07x | 3.40x | ₩-1.01 Billion |
| 2016 | 6.55% | 1.80% | 1.18x | 3.07x | ₩-1.14 Billion |
| 2017 | -38.70% | -6.56% | 1.23x | 4.78x | ₩-8.90 Billion |
| 2018 | -44.86% | -10.41% | 1.21x | 3.56x | ₩-12.09 Billion |
| 2019 | -15.16% | -3.72% | 1.00x | 4.06x | ₩-4.90 Billion |
| 2020 | -46.84% | -7.43% | 1.26x | 5.02x | ₩-7.38 Billion |
| 2021 | 22.26% | 5.39% | 1.08x | 3.83x | ₩2.07 Billion |
| 2022 | -12.89% | -3.23% | 1.17x | 3.41x | ₩-3.73 Billion |
| 2023 | 16.78% | 3.45% | 1.41x | 3.44x | ₩1.20 Billion |
| 2024 | 20.23% | 5.01% | 1.50x | 2.69x | ₩2.27 Billion |
Industry Comparison
This section compares Dgenx Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $652,001,277,004
- Average return on equity (ROE) among peers: 7.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dgenx Co. Ltd (113810) | ₩23.38 Billion | 8.97% | 1.44x | $11.94 Million |
| Hankook Tire Worldwide (000240) | $3.00 Trillion | 5.66% | 0.09x | $1.58 Billion |
| Daewonkangup (000430) | $490.61 Billion | 2.53% | 1.34x | $194.75 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $44.95 Million |
| Tae Won Mulsan (001420) | $31.38 Billion | 2.60% | 0.35x | $11.85 Million |
| Dongkook Ind (001620) | $268.05 Billion | 11.77% | 2.22x | $182.52 Million |
| PS Tec. Co. Ltd (002230) | $101.46 Billion | 24.27% | 0.32x | $61.14 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $464.65 Million |
| Nexen Tire Prf 1 (002355) | $933.36 Billion | 13.77% | 1.71x | $17.93 Million |
| Dayou A-Tech (002880) | $203.50 Billion | 0.00% | 3.17x | $26.24 Million |
| Yoo Sung Ent (002920) | $168.22 Billion | 0.00% | 0.38x | $31.08 Million |
About Dgenx Co. Ltd
Dgenx Co., Ltd. engages in the manufacture and sale of automobile parts in South Korea and China. It offers exhaust system mufflers. The company was formerly known as Dongwon Tech Co., Ltd. and changed its name to Dgenx Co., Ltd. in May 2012. Dgenx Co., Ltd. was founded in 2006 and is headquartered in Siheung-si, South Korea.