DSC Investment Inc
DSC Investment Inc. is a venture capital firm specializing in early stage, startups, growth capital, mezzanine and secondary direct. The firm primarily invests in industries related to the fourth industrial revolution. It also considers investments in biotechnology, big data, social network services, secondary cell, and education contents. The firm typically makes investments in the service secto… Read more
DSC Investment Inc (241520) - Net Assets
Latest net assets as of September 2025: ₩118.48 Billion KRW
Based on the latest financial reports, DSC Investment Inc (241520) has net assets worth ₩118.48 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 (₩161.86 Billion) and total liabilities (₩43.38 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 | ₩118.48 Billion |
| % of Total Assets | 73.2% |
| Annual Growth Rate | 33.38% |
| 5-Year Change | 87.35% |
| 10-Year Change | N/A |
| Growth Volatility | 26.29 |
DSC Investment Inc - Net Assets Trend (2015–2024)
This chart illustrates how DSC Investment Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DSC Investment Inc (2015–2024)
The table below shows the annual net assets of DSC Investment Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩111.16 Billion | +6.49% |
| 2023-12-31 | ₩104.38 Billion | +12.62% |
| 2022-12-31 | ₩92.68 Billion | +21.79% |
| 2021-12-31 | ₩76.10 Billion | +28.26% |
| 2020-12-31 | ₩59.33 Billion | +63.43% |
| 2019-12-31 | ₩36.30 Billion | +20.85% |
| 2018-12-31 | ₩30.04 Billion | +24.17% |
| 2017-12-31 | ₩24.19 Billion | +51.14% |
| 2016-12-31 | ₩16.01 Billion | +92.51% |
| 2015-12-31 | ₩8.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DSC Investment Inc'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 8548.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩97.51 Billion | 87.73% |
| Common Stock | ₩13.91 Billion | 12.51% |
| Total Equity | ₩111.16 Billion | 100.00% |
DSC Investment Inc Competitors by Market Cap
The table below lists competitors of DSC Investment Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Strandline Resources Limited
PINK:STQNF
|
$189.72 Million |
|
Galaxy Surfactants Limited
NSE:GALAXYSURF
|
$189.82 Million |
|
Lime Technologies AB (publ)
ST:LIME
|
$189.85 Million |
|
RECONN.ENERGY AFRICA
F:0XD
|
$189.92 Million |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
$189.71 Million |
|
Kerjaya Prospek Group Bhd
KLSE:7161
|
$189.70 Million |
|
Tourism Holdings Rentals Ltd
AU:THL
|
$189.67 Million |
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
$189.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DSC Investment Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,377,972,730 to 111,156,987,120, a change of 6,779,014,390 (6.5%).
- Net income of 10,749,355,310 contributed positively to equity growth.
- Dividend payments of 1,071,845,000 reduced retained earnings.
- Share repurchases of 2,116,055,130 reduced equity.
- New share issuances of 84,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.75 Billion | +9.67% |
| Dividends Paid | ₩1.07 Billion | -0.96% |
| Share Repurchases | ₩2.12 Billion | -1.9% |
| Share Issuances | ₩84.00 Million | +0.08% |
| Other Changes | ₩-866.44 Million | -0.78% |
| Total Change | ₩- | 6.49% |
Book Value vs Market Value Analysis
This analysis compares DSC Investment Inc'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: 3.41x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 24.07x to 3.41x 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 | ₩609.79 | ₩14680.00 | x |
| 2017-12-31 | ₩921.65 | ₩14680.00 | x |
| 2018-12-31 | ₩1144.41 | ₩14680.00 | x |
| 2019-12-31 | ₩1335.72 | ₩14680.00 | x |
| 2020-12-31 | ₩2169.30 | ₩14680.00 | x |
| 2021-12-31 | ₩2762.35 | ₩14680.00 | x |
| 2022-12-31 | ₩3364.24 | ₩14680.00 | x |
| 2023-12-31 | ₩3895.26 | ₩14680.00 | x |
| 2024-12-31 | ₩4307.75 | ₩14680.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DSC Investment Inc 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): 9.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.83%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.42x
- Recent ROE (9.67%) is below the historical average (16.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 15.63% | 29.36% | 0.40x | 1.34x | ₩467.91 Million |
| 2016 | 6.47% | 25.51% | 0.24x | 1.06x | ₩-565.65 Million |
| 2017 | 9.11% | 32.64% | 0.17x | 1.67x | ₩-214.67 Million |
| 2018 | 17.63% | 34.59% | 0.32x | 1.61x | ₩2.29 Billion |
| 2019 | 17.20% | 37.64% | 0.32x | 1.44x | ₩2.61 Billion |
| 2020 | 40.55% | 62.10% | 0.49x | 1.34x | ₩18.12 Billion |
| 2021 | 21.01% | 51.78% | 0.30x | 1.34x | ₩8.38 Billion |
| 2022 | 17.04% | 46.77% | 0.27x | 1.36x | ₩6.53 Billion |
| 2023 | 13.99% | 43.50% | 0.24x | 1.35x | ₩4.16 Billion |
| 2024 | 9.67% | 27.83% | 0.24x | 1.42x | ₩-366.34 Million |
Industry Comparison
This section compares DSC Investment Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $149,803,431,612
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DSC Investment Inc (241520) | ₩118.48 Billion | 15.63% | 0.37x | $189.72 Million |
| Sk Securities (001510) | $415.08 Billion | 2.76% | 8.45x | $343.46 Million |
| SK Securities Co Ltd Preference Shares (001515) | $570.16 Billion | 5.48% | 6.26x | $227.73 Million |
| Atinum Investment Co. Ltd (021080) | $60.94 Billion | 16.94% | 0.12x | $67.17 Million |
| Stic Investments Inc (026890) | $99.69 Billion | 2.97% | 0.43x | $99.24 Million |
| Woori Technology Investment Co. Ltd (041190) | $51.07 Billion | 6.38% | 0.01x | $251.72 Million |
| IBKS No3 SPAC (225430) | $36.33 Billion | -10.80% | 0.41x | $4.74 Million |
| Shinyoung HappyTomorrow SPAC 2 (225590) | $31.64 Billion | 3.83% | 0.37x | $9.08 Million |
| T.S. Investment Corp. (246690) | $64.40 Billion | 15.42% | 0.52x | $24.25 Million |
| SV Investment Corporation (289080) | $18.93 Billion | 11.17% | 0.53x | $96.70 Million |