DAEJIN ADVANCED MATERIALS (393970) - Net Assets
Based on the latest financial reports, DAEJIN ADVANCED MATERIALS (393970) has net assets worth ₩88.28 Billion KRW (≈ $59.83 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩165.90 Billion ≈ $112.43 Million USD) and total liabilities (₩77.61 Billion ≈ $52.60 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 how resilient are DAEJIN ADVANCED MATERIALS's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩88.28 Billion |
| % of Total Assets | 53.22% |
| Annual Growth Rate | 14.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.05 |
DAEJIN ADVANCED MATERIALS - Net Assets Trend (2022–2024)
This chart illustrates how DAEJIN ADVANCED MATERIALS's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of DAEJIN ADVANCED MATERIALS for the complete picture of this company's asset base.
Annual Net Assets for DAEJIN ADVANCED MATERIALS (2022–2024)
The table below shows the annual net assets of DAEJIN ADVANCED MATERIALS from 2022 to 2024. For live valuation and market cap data, see DAEJIN ADVANCED MATERIALS market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩61.24 Billion ≈ $41.50 Million |
+9.97% |
| 2023-12-31 | ₩55.68 Billion ≈ $37.74 Million |
+20.08% |
| 2022-12-31 | ₩46.37 Billion ≈ $31.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DAEJIN ADVANCED MATERIALS'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 decreased by 51186900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩5.85 Billion | 9.56% |
| Other Components | ₩56.37 Billion | 92.05% |
| Total Equity | ₩61.24 Billion | 100.00% |
DAEJIN ADVANCED MATERIALS Competitors by Market Cap
The table below lists competitors of DAEJIN ADVANCED MATERIALS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cincon Electronics Co Ltd
TWO:3332
|
$19.32K |
|
Sabien Technology Group Plc
LSE:SNT
|
$19.56K |
|
Secure Property Development & Investment Plc
LSE:SPDI
|
$19.65K |
|
Red Rock Resources
LSE:RRR
|
$19.68K |
|
Rio2 Ltd
TO:RIO
|
$18.47K |
|
Mercantile Ports & Logistics Ltd
LSE:MPL
|
$18.43K |
|
Surface Transforms Plc
LSE:SCE
|
$18.22K |
|
BloomZ Inc. Ordinary Shares
NASDAQ:BLMZ
|
$18.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DAEJIN ADVANCED MATERIALS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,683,472,710 to 61,237,193,880, a change of 5,553,721,170 (10.0%).
- Net loss of 867,394,630 reduced equity.
- Share repurchases of 998,084,240 reduced equity.
- Other factors increased equity by 7,419,200,040.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-867.39 Million | -1.42% |
| Share Repurchases | ₩998.08 Million | -1.63% |
| Other Changes | ₩7.42 Billion | +12.12% |
| Total Change | ₩- | 9.97% |
Book Value vs Market Value Analysis
This analysis compares DAEJIN ADVANCED MATERIALS'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: 0.68x
- 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 0.90x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩3134.03 | ₩2825.00 | x |
| 2023-12-31 | ₩3763.21 | ₩2825.00 | x |
| 2024-12-31 | ₩4138.54 | ₩2825.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DAEJIN ADVANCED MATERIALS 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): -1.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.97%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.33x
- Recent ROE (-1.42%) is above the historical average (-21.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -65.17% | -56.39% | 0.64x | 1.81x | ₩-34.86 Billion |
| 2023 | 0.64% | 0.55% | 0.53x | 2.20x | ₩-5.21 Billion |
| 2024 | -1.42% | -0.97% | 0.62x | 2.33x | ₩-6.99 Billion |
Industry Comparison
This section compares DAEJIN ADVANCED MATERIALS's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,398,775,213,159
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DAEJIN ADVANCED MATERIALS (393970) | ₩88.28 Billion | -65.17% | 0.88x | $18.61K |
| DL Holdings CO. LTD. (000210) | $6.05 Trillion | 10.68% | 1.12x | $956.03 Million |
| DL Holdings Co Ltd Preferred (000215) | $5.69 Trillion | 8.61% | 1.35x | $33.38 Million |
| Norooholdings (000320) | $533.52 Billion | 2.04% | 0.82x | $152.80 Million |
| Noroo Holdings Co Ltd (000325) | $567.47 Billion | 0.81% | 0.78x | $5.09 Million |
| Samhwa Paint (000390) | $299.72 Billion | 1.87% | 0.96x | $155.72 Million |
| Kangnam Jevisco Co Ltd (000860) | $173.69 Billion | 10.08% | 0.57x | $144.04 Million |
| Paik Kwang Ind (001340) | $199.88 Billion | 10.74% | 0.84x | $221.10 Million |
| Bo Lak (002760) | $45.54 Billion | 3.72% | 0.24x | $45.75 Million |
| Songwon Industrial (004430) | $286.72 Billion | 7.18% | 2.01x | $256.17 Million |
| Cho Kwang Pain (004910) | $136.66 Billion | 8.59% | 0.66x | $33.47 Million |
About DAEJIN ADVANCED MATERIALS
DAEJIN ADVANCED MATERIALS Inc. provides industrial special composite materials and sheets in South Korea and internationally. It offers packaging materials for secondary batteries, functional coating agent electronic materials, eco-friendly materials, and recycled plastic materials; and electric vehicle parts, including safety plastic products and pack module holders. The company also provides va… Read more