DAEMO Engineering Co. Ltd
DAEMO Engineering Co., Ltd. engages in the manufacture and sale of hydraulic attachments worldwide. Its products include hydraulic breakers, concrete crushers, shears, quick coupler, and various kinds of attachments for excavator; and machines, including forestry, high reach demolition, long reach front, material handler, and rock drill, as well as parts and services. DAEMO Engineering Co., Ltd. … Read more
DAEMO Engineering Co. Ltd (317850) - Net Assets
Latest net assets as of September 2025: ₩48.00 Billion KRW
Based on the latest financial reports, DAEMO Engineering Co. Ltd (317850) has net assets worth ₩48.00 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 (₩65.24 Billion) and total liabilities (₩17.24 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 | ₩48.00 Billion |
| % of Total Assets | 73.57% |
| Annual Growth Rate | 5.59% |
| 5-Year Change | 7.21% |
| 10-Year Change | N/A |
| Growth Volatility | 10.23 |
DAEMO Engineering Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how DAEMO Engineering 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 DAEMO Engineering Co. Ltd (2017–2024)
The table below shows the annual net assets of DAEMO Engineering Co. Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩46.46 Billion | +0.24% |
| 2023-12-31 | ₩46.35 Billion | -2.55% |
| 2022-12-31 | ₩47.56 Billion | -0.45% |
| 2021-12-31 | ₩47.77 Billion | +10.25% |
| 2020-12-31 | ₩43.33 Billion | -0.15% |
| 2019-12-31 | ₩43.40 Billion | +29.00% |
| 2018-12-31 | ₩33.64 Billion | +5.96% |
| 2017-12-31 | ₩31.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DAEMO Engineering 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 18.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩32.59 Billion | 70.15% |
| Common Stock | ₩4.16 Billion | 8.96% |
| Other Components | ₩9.71 Billion | 20.89% |
| Total Equity | ₩46.46 Billion | 100.00% |
DAEMO Engineering Co. Ltd Competitors by Market Cap
The table below lists competitors of DAEMO Engineering Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICBC Turkey Bank AS
IS:ICBCT
|
$27.00 Million |
|
Singha Estate Public Company Limited
BK:S
|
$27.01 Million |
|
Datagate Bilgisayar Malzemeleri Ticaret AS
IS:DGATE
|
$27.01 Million |
|
Cytogen Inc
KQ:217330
|
$27.02 Million |
|
YES24 Co.Ltd
KQ:053280
|
$27.00 Million |
|
Viking Supply Ships AB (publ)
ST:VSSAB-B
|
$26.99 Million |
|
CSAM HEALTH GROUP NK 10
F:6Q1
|
$26.98 Million |
|
Solar Foods Oyj
F:H4N
|
$26.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DAEMO Engineering Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,347,732,880 to 46,459,470,430, a change of 111,737,550 (0.2%).
- Net income of 131,919,430 contributed positively to equity growth.
- Dividend payments of 332,976,800 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩131.92 Million | +0.28% |
| Dividends Paid | ₩332.98 Million | -0.72% |
| Other Changes | ₩312.79 Million | +0.67% |
| Total Change | ₩- | 0.24% |
Book Value vs Market Value Analysis
This analysis compares DAEMO Engineering 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: 1.49x
- 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 1.72x to 1.49x 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 | ₩4839.88 | ₩8340.00 | x |
| 2018-12-31 | ₩5128.50 | ₩8340.00 | x |
| 2019-12-31 | ₩5213.35 | ₩8340.00 | x |
| 2020-12-31 | ₩5205.54 | ₩8340.00 | x |
| 2021-12-31 | ₩5738.99 | ₩8340.00 | x |
| 2022-12-31 | ₩5713.19 | ₩8340.00 | x |
| 2023-12-31 | ₩5567.68 | ₩8340.00 | x |
| 2024-12-31 | ₩5581.11 | ₩8340.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DAEMO Engineering 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): 0.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.32%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.32x
- Recent ROE (0.28%) is below the historical average (3.98%), 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 | 5.72% | 3.75% | 0.83x | 1.83x | ₩-1.36 Billion |
| 2018 | 9.27% | 6.11% | 0.86x | 1.76x | ₩-245.06 Million |
| 2019 | 3.99% | 3.85% | 0.59x | 1.74x | ₩-2.61 Billion |
| 2020 | 0.77% | 0.81% | 0.54x | 1.76x | ₩-4.00 Billion |
| 2021 | 9.65% | 9.30% | 0.62x | 1.67x | ₩-169.52 Million |
| 2022 | 2.71% | 2.35% | 0.79x | 1.46x | ₩-3.47 Billion |
| 2023 | -0.53% | -0.55% | 0.70x | 1.36x | ₩-4.88 Billion |
| 2024 | 0.28% | 0.32% | 0.67x | 1.32x | ₩-4.51 Billion |
Industry Comparison
This section compares DAEMO Engineering Co. Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $837,165,635,821
- Average return on equity (ROE) among peers: 8.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DAEMO Engineering Co. Ltd (317850) | ₩48.00 Billion | 5.72% | 0.36x | $27.00 Million |
| Daedong Ind (000490) | $157.50 Billion | 1.84% | 0.77x | $103.59 Million |
| TYM Corporation (002900) | $382.67 Billion | 15.79% | 1.22x | $99.28 Million |
| Soosan Heavy I (017550) | $138.55 Billion | 11.37% | 0.89x | $38.00 Million |
| JINSUNG T.E.C. Inc (036890) | $120.61 Billion | 17.98% | 1.07x | $132.00 Million |
| Hyundai Everdigm Corp (041440) | $165.34 Billion | -11.10% | 0.50x | $52.56 Million |
| Hyundai Doosan Infracore Co Ltd (042670) | $600.26 Billion | 11.98% | 3.51x | $1.15 Billion |
| DY Power Corp (210540) | $100.50 Billion | 9.56% | 1.27x | $63.00 Million |
| Doosan Bobcat Inc (241560) | $4.32 Trillion | 8.93% | 0.99x | $1.99 Billion |
| Hyundai Construction Equipment Co Ltd (267270) | $1.55 Trillion | 7.33% | 1.30x | $956.08 Million |