Daebo Magnetic Co.Ltd (290670) - Net Assets
Based on the latest financial reports, Daebo Magnetic Co.Ltd (290670) has net assets worth ₩47.09 Billion KRW (≈ $31.91 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩76.77 Billion ≈ $52.03 Million USD) and total liabilities (₩29.68 Billion ≈ $20.11 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 290670 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩47.09 Billion |
| % of Total Assets | 61.34% |
| Annual Growth Rate | 46.72% |
| 5-Year Change | 21.04% |
| 10-Year Change | N/A |
| Growth Volatility | 109.81 |
Daebo Magnetic Co.Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Daebo Magnetic Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Daebo Magnetic Co.Ltd for the complete picture of this company's asset base.
Annual Net Assets for Daebo Magnetic Co.Ltd (2016–2024)
The table below shows the annual net assets of Daebo Magnetic Co.Ltd from 2016 to 2024. For live valuation and market cap data, see 290670 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩52.80 Billion ≈ $35.78 Million |
-24.24% |
| 2023-12-31 | ₩69.70 Billion ≈ $47.23 Million |
-12.49% |
| 2022-12-31 | ₩79.65 Billion ≈ $53.98 Million |
+35.84% |
| 2021-12-31 | ₩58.63 Billion ≈ $39.74 Million |
+34.41% |
| 2020-12-31 | ₩43.62 Billion ≈ $29.56 Million |
+24.08% |
| 2019-12-31 | ₩35.16 Billion ≈ $23.82 Million |
+18.33% |
| 2018-12-31 | ₩29.71 Billion ≈ $20.13 Million |
+311.54% |
| 2017-12-31 | ₩7.22 Billion ≈ $4.89 Million |
+193.63% |
| 2016-12-31 | ₩2.46 Billion ≈ $1.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Daebo Magnetic 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 1332.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩13.77 Billion | 26.08% |
| Common Stock | ₩3.93 Billion | 7.44% |
| Other Components | ₩35.10 Billion | 66.48% |
| Total Equity | ₩52.80 Billion | 100.00% |
Daebo Magnetic Co.Ltd Competitors by Market Cap
The table below lists competitors of Daebo Magnetic Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scherzer & Co. AG
F:PZS
|
$62.54 Million |
|
Ahn-Gook Pharmaceutical Co. Ltd
KQ:001540
|
$62.54 Million |
|
Chegg Inc
NYSE:CHGG
|
$62.56 Million |
|
Unick Corporation
KQ:011320
|
$62.59 Million |
|
Norcod As
OL:NCOD
|
$62.45 Million |
|
Cobre Ltd
AU:CBE
|
$62.45 Million |
|
Cingulate Inc
NASDAQ:CING
|
$62.45 Million |
|
Tailyn Technologies
TWO:5353
|
$62.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daebo Magnetic Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,698,234,480 to 52,801,268,380, a change of -16,896,966,100 (-24.2%).
- Net loss of 15,756,810,430 reduced equity.
- Other factors decreased equity by 1,140,155,670.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-15.76 Billion | -29.84% |
| Other Changes | ₩-1.14 Billion | -2.16% |
| Total Change | ₩- | -24.24% |
Book Value vs Market Value Analysis
This analysis compares Daebo Magnetic 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: 1.75x
- 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 25.02x to 1.75x 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 | ₩493.69 | ₩12350.00 | x |
| 2017-12-31 | ₩1385.00 | ₩12350.00 | x |
| 2018-12-31 | ₩4595.33 | ₩12350.00 | x |
| 2019-12-31 | ₩5484.86 | ₩12350.00 | x |
| 2020-12-31 | ₩6326.07 | ₩12350.00 | x |
| 2021-12-31 | ₩7795.65 | ₩12350.00 | x |
| 2022-12-31 | ₩10707.88 | ₩12350.00 | x |
| 2023-12-31 | ₩9328.58 | ₩12350.00 | x |
| 2024-12-31 | ₩7067.05 | ₩12350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daebo Magnetic 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): -29.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -55.49%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.55x
- Recent ROE (-29.84%) is below the historical average (12.93%), 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 | 50.16% | 21.87% | 1.32x | 1.74x | ₩987.28 Million |
| 2017 | 52.09% | 28.56% | 1.15x | 1.58x | ₩3.04 Billion |
| 2018 | 11.46% | 16.51% | 0.56x | 1.25x | ₩434.31 Million |
| 2019 | 10.88% | 16.02% | 0.38x | 1.77x | ₩309.53 Million |
| 2020 | -2.67% | -7.36% | 0.24x | 1.48x | ₩-5.53 Billion |
| 2021 | 8.61% | 11.77% | 0.62x | 1.18x | ₩-813.71 Million |
| 2022 | 27.48% | 20.16% | 1.08x | 1.27x | ₩13.92 Billion |
| 2023 | -11.76% | -20.49% | 0.41x | 1.41x | ₩-15.17 Billion |
| 2024 | -29.84% | -55.49% | 0.35x | 1.55x | ₩-21.04 Billion |
Industry Comparison
This section compares Daebo Magnetic Co.Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $152,084,081,119
- Average return on equity (ROE) among peers: 0.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daebo Magnetic Co.Ltd (290670) | ₩47.09 Billion | 50.16% | 0.63x | $62.53 Million |
| Namsun Alumini (008350) | $168.72 Billion | 14.95% | 0.80x | $184.14 Million |
| Namsun Aluminium Co Ltd (008355) | $38.57 Billion | 6.65% | 3.45x | $2.92 Million |
| Dae Chang (012800) | $185.42 Billion | -10.15% | 2.55x | $85.34 Million |
| Sung Kwang Bend Co.Ltd (014620) | $320.44 Billion | 7.17% | 0.40x | $835.09 Million |
| Daedong Metals Co. Ltd (020400) | $35.98 Billion | 4.24% | 1.95x | $12.30 Million |
| Seowon (021050) | $92.55 Billion | 5.60% | 1.42x | $49.87 Million |
| Lee Ku Ind (025820) | $106.78 Billion | -9.11% | 1.58x | $135.97 Million |
| Essen Tech Co. Ltd (043340) | $25.90 Billion | 1.46% | 1.59x | $35.34 Million |
| Taewoong Co.Ltd (044490) | $467.02 Billion | -20.05% | 0.71x | $718.61 Million |
| Nara Mold & Die Co. Ltd (051490) | $79.46 Billion | 1.36% | 1.73x | $35.53 Million |
About Daebo Magnetic Co.Ltd
Daebo Magnetic Co.,Ltd. manufactures and sells electro magnetic filters that are used for secondary battery material process and cell process. It also offers suspended magnetic separator models, electromagnet iron removal machines, pipe conveyors, magnetic separators, carrying magnets, non-ferrous metal separators, and metal detectors, as well as drum magnetic separator. The company was founded i… Read more