Dayou AP Co.Ltd
DH AUTOLEAD Co.,Ltd. manufactures and sells steering wheel parts. It sells its products to domestic and foreign automakers. The company was formerly known as Dayou AP Co.,Ltd. and changed its name to DH AUTOLEAD Co.,Ltd. in January 2024. DH AUTOLEAD Co.,Ltd. was founded in 2001 and is headquartered in Wanju-gun, South Korea.
Dayou AP Co.Ltd (290120) - Net Assets
Latest net assets as of September 2025: ₩106.65 Billion KRW
Based on the latest financial reports, Dayou AP Co.Ltd (290120) has net assets worth ₩106.65 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 (₩301.90 Billion) and total liabilities (₩195.25 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 | ₩106.65 Billion |
| % of Total Assets | 35.33% |
| Annual Growth Rate | 21.65% |
| 5-Year Change | 72.48% |
| 10-Year Change | N/A |
| Growth Volatility | 22.55 |
Dayou AP Co.Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Dayou AP 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 Dayou AP Co.Ltd (2016–2024)
The table below shows the annual net assets of Dayou AP Co.Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩86.23 Billion | +1.54% |
| 2023-12-31 | ₩84.92 Billion | -3.36% |
| 2022-12-31 | ₩87.87 Billion | +34.29% |
| 2021-12-31 | ₩65.43 Billion | +30.89% |
| 2020-12-31 | ₩49.99 Billion | +7.11% |
| 2019-12-31 | ₩46.67 Billion | +12.97% |
| 2018-12-31 | ₩41.32 Billion | +70.22% |
| 2017-12-31 | ₩24.27 Billion | +35.00% |
| 2016-12-31 | ₩17.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dayou AP 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 2289.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩45.83 Billion | 53.15% |
| Common Stock | ₩7.76 Billion | 9.00% |
| Other Components | ₩32.64 Billion | 37.85% |
| Total Equity | ₩86.23 Billion | 100.00% |
Dayou AP Co.Ltd Competitors by Market Cap
The table below lists competitors of Dayou AP Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rane Engine Valve Limited
NSE:RANEENGINE
|
$9.82 Million |
|
Hantop Inc
KQ:002680
|
$9.82 Million |
|
Elton International Trading Company S.A
AT:ELTON
|
$9.82 Million |
|
Jetbest
TWO:4741
|
$9.82 Million |
|
Zodiac Clothing Company Limited
NSE:ZODIACLOTH
|
$9.82 Million |
|
MISSION GROUP PLC LS -10
F:M7K
|
$9.81 Million |
|
Agtira AB
ST:AGTIRA-B
|
$9.81 Million |
|
Regal Hotels International Holdings Limited
F:RH6B
|
$9.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dayou AP Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 84,373,455,230 to 86,226,437,810, a change of 1,852,982,580 (2.2%).
- Net income of 2,280,516,230 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.28 Billion | +2.64% |
| Other Changes | ₩-427.53 Million | -0.5% |
| Total Change | ₩- | 2.20% |
Book Value vs Market Value Analysis
This analysis compares Dayou AP 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: 0.49x
- 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 1.22x to 0.49x 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 | ₩2247.48 | ₩2735.00 | x |
| 2017-12-31 | ₩3034.15 | ₩2735.00 | x |
| 2018-12-31 | ₩3796.21 | ₩2735.00 | x |
| 2019-12-31 | ₩4288.39 | ₩2735.00 | x |
| 2020-12-31 | ₩4593.05 | ₩2735.00 | x |
| 2021-12-31 | ₩5722.72 | ₩2735.00 | x |
| 2022-12-31 | ₩7447.18 | ₩2735.00 | x |
| 2023-12-31 | ₩5438.14 | ₩2735.00 | x |
| 2024-12-31 | ₩5557.57 | ₩2735.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dayou AP 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): 2.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.84%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 3.21x
- Recent ROE (2.64%) is below the historical average (12.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.08% | 2.68% | 0.74x | 4.09x | ₩-345.37 Million |
| 2017 | 26.79% | 3.15% | 2.90x | 2.93x | ₩4.07 Billion |
| 2018 | 19.47% | 4.15% | 2.37x | 1.98x | ₩3.91 Billion |
| 2019 | 17.09% | 5.07% | 1.23x | 2.75x | ₩3.31 Billion |
| 2020 | 11.53% | 3.35% | 0.99x | 3.46x | ₩765.62 Million |
| 2021 | 12.69% | 4.64% | 0.82x | 3.33x | ₩1.76 Billion |
| 2022 | 27.13% | 10.55% | 0.97x | 2.65x | ₩15.05 Billion |
| 2023 | -8.93% | -3.20% | 1.15x | 2.43x | ₩-15.97 Billion |
| 2024 | 2.64% | 0.84% | 0.98x | 3.21x | ₩-6.34 Billion |
Industry Comparison
This section compares Dayou AP Co.Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dayou AP Co.Ltd (290120) | ₩106.65 Billion | 8.08% | 1.83x | $9.82 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |