Daesung Hi-Tech Co. Ltd.
Daesung Hi-Tech Co., Ltd. manufactures and sells precision parts for various industrial machines in South Korea and internationally. The company offers precision components, such as spindles, spindle unit, index couplings, collets, worm and seal shafts, gears, spacers, tool holders, sleeves, housings, manifold blocks, ATC arms, magnet plates, bearings, scrolls, impellers, brackets, valves, univer… Read more
Daesung Hi-Tech Co. Ltd. (129920) - Net Assets
Latest net assets as of September 2025: ₩63.42 Billion KRW
Based on the latest financial reports, Daesung Hi-Tech Co. Ltd. (129920) has net assets worth ₩63.42 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 (₩193.94 Billion) and total liabilities (₩130.51 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 | ₩63.42 Billion |
| % of Total Assets | 32.7% |
| Annual Growth Rate | 38.21% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 73.02 |
Daesung Hi-Tech Co. Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Daesung Hi-Tech 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 Hi-Tech Co. Ltd. (2020–2024)
The table below shows the annual net assets of Daesung Hi-Tech Co. Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩62.63 Billion | -16.16% |
| 2023-12-31 | ₩74.69 Billion | +9.00% |
| 2022-12-31 | ₩68.52 Billion | +173.66% |
| 2021-12-31 | ₩25.04 Billion | +45.88% |
| 2020-12-31 | ₩17.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daesung Hi-Tech 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 116.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩1.37 Billion | 2.16% |
| Other Components | ₩63.74 Billion | 100.17% |
| Total Equity | ₩63.64 Billion | 100.00% |
Daesung Hi-Tech Co. Ltd. Competitors by Market Cap
The table below lists competitors of Daesung Hi-Tech Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Melcor Real Estate Investment Trust
TO:MR-UN
|
$35.04 Million |
|
ABITARE IN S.P.A.
F:1BN
|
$35.04 Million |
|
Chenghe Acquisition II Co.
NYSE MKT:CHEB
|
$35.04 Million |
|
Nykode Therapeutics AS
PINK:VACBF
|
$35.04 Million |
|
Alvotech Warrant
NASDAQ:ALVOW
|
$35.01 Million |
|
Prestige Biologics Co. Ltd.
KQ:334970
|
$35.01 Million |
|
MAGELLANIC CLOUD LTD
NSE:MCLOUD
|
$35.00 Million |
|
Enertork Ltd
KQ:019990
|
$34.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daesung Hi-Tech Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,694,992,600 to 63,638,648,490, a change of -11,056,344,110 (-14.8%).
- Net loss of 12,419,103,550 reduced equity.
- Other factors increased equity by 1,362,759,440.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-12.42 Billion | -19.52% |
| Other Changes | ₩1.36 Billion | +2.14% |
| Total Change | ₩- | -14.80% |
Book Value vs Market Value Analysis
This analysis compares Daesung Hi-Tech 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: 2.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.79x to 2.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₩1257.46 | ₩11050.00 | x |
| 2021-12-31 | ₩1907.85 | ₩11050.00 | x |
| 2022-12-31 | ₩4996.32 | ₩11050.00 | x |
| 2023-12-31 | ₩5446.21 | ₩11050.00 | x |
| 2024-12-31 | ₩4640.06 | ₩11050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daesung Hi-Tech 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): -19.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.38%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.93x
- Recent ROE (-19.52%) is below the historical average (-11.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -62.39% | -15.16% | 0.55x | 7.50x | ₩-12.65 Billion |
| 2021 | 29.85% | 6.72% | 0.78x | 5.72x | ₩5.03 Billion |
| 2022 | 3.20% | 1.71% | 0.82x | 2.28x | ₩-4.66 Billion |
| 2023 | -9.68% | -7.80% | 0.49x | 2.53x | ₩-14.70 Billion |
| 2024 | -19.52% | -13.38% | 0.50x | 2.93x | ₩-18.78 Billion |
Industry Comparison
This section compares Daesung Hi-Tech Co. Ltd.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $135,419,592,788
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daesung Hi-Tech Co. Ltd. (129920) | ₩63.42 Billion | -62.39% | 2.06x | $35.03 Million |
| Hwacheon Mac (000850) | $337.27 Billion | 2.57% | 0.27x | $28.32 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $11.34 Million |
| Booster Co. Ltd (008470) | $78.71 Billion | -1.57% | 0.22x | $7.43 Million |
| Simpac (009160) | $177.87 Billion | 4.27% | 0.64x | $73.77 Million |
| Kyung Dong Navien Co Ltd (009450) | $187.28 Billion | 5.94% | 0.89x | $260.71 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $5.93 Million |
| Woojin I&S Co Ltd (010400) | $59.84 Billion | 17.27% | 0.32x | $6.85 Million |
| Hwacheon Machi (010660) | $124.59 Billion | -4.92% | 0.27x | $43.29 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $87.00 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $45.77 Million |