Daesung Hi-Tech Co. Ltd. (129920) - Net Assets
Based on the latest financial reports, Daesung Hi-Tech Co. Ltd. (129920) has net assets worth ₩46.71 Billion KRW (≈ $31.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩216.63 Billion ≈ $146.81 Million USD) and total liabilities (₩169.92 Billion ≈ $115.15 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 Daesung Hi-Tech Co. Ltd. tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩46.71 Billion |
| % of Total Assets | 21.56% |
| Annual Growth Rate | 29.53% |
| 5-Year Change | 149.92% |
| 10-Year Change | N/A |
| Growth Volatility | 68.68 |
Daesung Hi-Tech Co. Ltd. - Net Assets Trend (2020–2025)
This chart illustrates how Daesung Hi-Tech Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See 129920 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Daesung Hi-Tech Co. Ltd. (2020–2025)
The table below shows the annual net assets of Daesung Hi-Tech Co. Ltd. from 2020 to 2025. For live valuation and market cap data, see Daesung Hi-Tech Co. Ltd. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩62.58 Billion ≈ $42.41 Million |
-0.07% |
| 2024-12-31 | ₩62.63 Billion ≈ $42.44 Million |
-16.16% |
| 2023-12-31 | ₩74.69 Billion ≈ $50.62 Million |
+9.00% |
| 2022-12-31 | ₩68.52 Billion ≈ $46.44 Million |
+173.66% |
| 2021-12-31 | ₩25.04 Billion ≈ $16.97 Million |
+45.88% |
| 2020-12-31 | ₩17.17 Billion ≈ $11.63 Million |
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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 155.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩69.14 Billion | 107.71% |
| Total Equity | ₩64.20 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 |
|---|---|
|
Hankook Furniture Co. Ltd
KQ:004590
|
$56.62 Million |
|
Ionic Rare EARTHS Ltd
AU:IXR
|
$56.63 Million |
|
Rent.com.Au Ltd
AU:RNT
|
$56.64 Million |
|
Hana Must SPAC 2
KQ:208370
|
$56.64 Million |
|
International Conveyors Limited
NSE:INTLCONV
|
$56.58 Million |
|
Atari S.A.
PA:ALATA
|
$56.57 Million |
|
The Investment Trust Of India Limited
NSE:THEINVEST
|
$56.57 Million |
|
Mgame Corp
KQ:058630
|
$56.55 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 2024 to 2025, total equity changed from 63,638,648,490 to 64,195,213,000, a change of 556,564,510 (0.9%).
- Net loss of 5,577,855,400 reduced equity.
- New share issuances of 5,999,997,300 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.58 Billion | -8.69% |
| Share Issuances | ₩6.00 Billion | +9.35% |
| Other Changes | ₩134.42 Million | +0.21% |
| Total Change | ₩- | 0.87% |
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: 1.30x
- 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 4.84x to 1.30x 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 | ₩6090.00 | x |
| 2021-12-31 | ₩1907.85 | ₩6090.00 | x |
| 2022-12-31 | ₩4996.32 | ₩6090.00 | x |
| 2023-12-31 | ₩5446.21 | ₩6090.00 | x |
| 2024-12-31 | ₩4640.06 | ₩6090.00 | x |
| 2025-12-31 | ₩4680.64 | ₩6090.00 | 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): -8.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.86%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.90x
- Recent ROE (-8.69%) is above the historical average (-11.21%), indicating improving 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 |
| 2025 | -8.69% | -5.86% | 0.51x | 2.90x | ₩-12.00 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: $135,493,757,886
- Average return on equity (ROE) among peers: 4.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daesung Hi-Tech Co. Ltd. (129920) | ₩46.71 Billion | -62.39% | 3.64x | $56.60 Million |
| Hwacheon Mac (000850) | $209.21 Billion | 12.92% | 0.49x | $48.83 Million |
| Daidong Elec (008110) | $164.00 Billion | 2.00% | 0.25x | $71.25 Million |
| Booster Co. Ltd (008470) | $60.30 Billion | 8.31% | 0.26x | $17.64 Million |
| Simpac (009160) | $240.42 Billion | 6.73% | 0.74x | $75.86 Million |
| Kyung Dong Navien Co Ltd (009450) | $141.56 Billion | 2.62% | 0.44x | $687.58 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $38.86 Million |
| Woojin I&S Co Ltd (010400) | $109.12 Billion | 13.24% | 0.12x | $17.24 Million |
| Hwacheon Machi (010660) | $137.56 Billion | 0.56% | 0.22x | $44.43 Million |
| Han Shin Mach (011700) | $82.34 Billion | 4.20% | 0.16x | $65.43 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $74.11 Million |
About 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