Maeil Dairies Co. Ltd
Maeil Dairies Co., Ltd. manufactures, sells, and exports dairy products in Korea and internationally. The company provides baby food, coffee, fermented milk, plant-based drinks, adult nutrition, juice, cheese, milk, organic food, dessert, home meal replacements, imported food, and special powdered milk products. It offers its dairy products under the Maeil Milk, Sangha Farm, Absolute, Maeil Bio, … Read more
Maeil Dairies Co. Ltd (267980) - Net Assets
Latest net assets as of September 2025: ₩607.64 Billion KRW
Based on the latest financial reports, Maeil Dairies Co. Ltd (267980) has net assets worth ₩607.64 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 (₩1.04 Trillion) and total liabilities (₩436.76 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 | ₩607.64 Billion |
| % of Total Assets | 58.18% |
| Annual Growth Rate | 10.39% |
| 5-Year Change | 30.53% |
| 10-Year Change | N/A |
| Growth Volatility | 6.33 |
Maeil Dairies Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Maeil Dairies 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 Maeil Dairies Co. Ltd (2017–2024)
The table below shows the annual net assets of Maeil Dairies Co. Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩574.50 Billion | +6.37% |
| 2023-12-31 | ₩540.09 Billion | +8.82% |
| 2022-12-31 | ₩496.30 Billion | -0.20% |
| 2021-12-31 | ₩497.29 Billion | +12.99% |
| 2020-12-31 | ₩440.13 Billion | +9.04% |
| 2019-12-31 | ₩403.63 Billion | +16.33% |
| 2018-12-31 | ₩346.96 Billion | +20.69% |
| 2017-12-31 | ₩287.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maeil Dairies 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 932.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩358.63 Billion | 62.43% |
| Common Stock | ₩3.92 Billion | 0.68% |
| Other Components | ₩211.94 Billion | 36.89% |
| Total Equity | ₩574.50 Billion | 100.00% |
Maeil Dairies Co. Ltd Competitors by Market Cap
The table below lists competitors of Maeil Dairies Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cikarang Listrindo Tbk PT
JK:POWR
|
$94.47 Million |
|
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NYSE:LION
|
$94.49 Million |
|
Namyang Dairy Products Co Ltd Peffered Series 1
KO:003925
|
$94.50 Million |
|
Pasifik Donanım ve Yazılım Bilgi Tek As
IS:PATEK
|
$94.53 Million |
|
Shandong Kuntai New Material Technology Co. Ltd. A
SHE:001260
|
$94.33 Million |
|
Carbios SAS
PINK:COOSF
|
$94.31 Million |
|
Bunker Hill Mining Corp
OTCQB:BHLL
|
$94.30 Million |
|
Cymechs Inc
KQ:160980
|
$94.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maeil Dairies Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 539,509,065,200 to 574,497,149,210, a change of 34,988,084,010 (6.5%).
- Net income of 45,459,014,970 contributed positively to equity growth.
- Dividend payments of 8,616,543,600 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩45.46 Billion | +7.91% |
| Dividends Paid | ₩8.62 Billion | -1.5% |
| Other Changes | ₩-1.85 Billion | -0.32% |
| Total Change | ₩- | 6.49% |
Book Value vs Market Value Analysis
This analysis compares Maeil Dairies 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: 0.46x
- 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 0.98x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩37800.88 | ₩36950.00 | x |
| 2018-12-31 | ₩44251.76 | ₩36950.00 | x |
| 2019-12-31 | ₩51545.66 | ₩36950.00 | x |
| 2020-12-31 | ₩57834.08 | ₩36950.00 | x |
| 2021-12-31 | ₩67256.31 | ₩36950.00 | x |
| 2022-12-31 | ₩69072.65 | ₩36950.00 | x |
| 2023-12-31 | ₩75559.24 | ₩36950.00 | x |
| 2024-12-31 | ₩79606.74 | ₩36950.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maeil Dairies 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): 7.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.51%
- • Asset Turnover: 1.77x
- • Equity Multiplier: 1.79x
- Recent ROE (7.91%) is below the historical average (11.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.09% | 3.94% | 1.49x | 2.06x | ₩6.00 Billion |
| 2018 | 16.81% | 4.49% | 2.11x | 1.77x | ₩23.64 Billion |
| 2019 | 15.94% | 4.62% | 2.06x | 1.67x | ₩23.97 Billion |
| 2020 | 13.10% | 3.94% | 1.96x | 1.69x | ₩13.64 Billion |
| 2021 | 14.93% | 4.78% | 1.58x | 1.97x | ₩24.52 Billion |
| 2022 | 2.90% | 0.85% | 1.73x | 1.96x | ₩-35.23 Billion |
| 2023 | 10.20% | 3.09% | 1.83x | 1.80x | ₩1.06 Billion |
| 2024 | 7.91% | 2.51% | 1.77x | 1.79x | ₩-11.99 Billion |
Industry Comparison
This section compares Maeil Dairies Co. Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $347,104,538,814
- Average return on equity (ROE) among peers: 0.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maeil Dairies Co. Ltd (267980) | ₩607.64 Billion | 12.09% | 0.72x | $94.34 Million |
| Daehan Flour Mills Co Ltd (001130) | $375.28 Billion | 10.46% | 0.58x | $93.34 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $257.43 Million |
| Korea Ind (002140) | $32.94 Billion | 8.67% | 1.46x | $23.78 Million |
| Choheung (002600) | $97.46 Billion | 4.71% | 0.21x | $16.25 Million |
| Sam Yang Foods (003230) | $42.45 Billion | 0.00% | 5.78x | $2.87 Billion |
| Daejoo Inc (003310) | $47.85 Billion | 2.88% | 0.66x | $61.66 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $11.05 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $113.23 Million |
| Namyang Dairy Products Co Ltd Peffered Series 1 (003925) | $823.93 Billion | 0.02% | 0.17x | $94.50 Million |
| Sajodaerim (003960) | $316.31 Billion | 3.14% | 1.28x | $46.36 Million |