Daechang Forgi
Daechang Forging Co., Ltd. manufactures and sells various forged products in South Korea and internationally. It offers undercarriage parts for heavy construction equipment, such as excavators and dozers; track group assembly; track rollers and idlers; segments and sprockets; crankshafts; mini excavators; and other parts. Daechang Forging Co., Ltd. was founded in 1955 and is based in Gimhae-si, S… Read more
Daechang Forgi (015230) - Total Assets
Latest total assets as of September 2025: ₩396.56 Billion KRW
Based on the latest financial reports, Daechang Forgi (015230) holds total assets worth ₩396.56 Billion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Daechang Forgi - Total Assets Trend (2001–2024)
This chart illustrates how Daechang Forgi’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Daechang Forgi - Asset Composition Analysis
Current Asset Composition (December 2024)
Daechang Forgi's total assets of ₩396.56 Billion consist of 67.2% current assets and 32.8% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 10.4% |
| Accounts Receivable | ₩43.02 Billion | 11.6% |
| Inventory | ₩90.60 Billion | 24.3% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩1.27 Billion | 0.3% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Daechang Forgi's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Daechang Forgi's current assets represent 67.2% of total assets in 2024, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, up from 0.4% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 24.3% of total assets.
Daechang Forgi Competitors by Total Assets
Key competitors of Daechang Forgi based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Daechang Forgi - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Daechang Forgi generates 0.87x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Daechang Forgi generates $9.02 in net profit.
Daechang Forgi - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.37 | 6.08 | 4.96 |
| Quick Ratio | 3.26 | 3.74 | 3.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩211.25 Billion | ₩ 199.10 Billion | ₩ 137.07 Billion |
Daechang Forgi - Advanced Valuation Insights
This section examines the relationship between Daechang Forgi's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 11.2% |
| Total Assets | ₩372.34 Billion |
| Market Capitalization | $52.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Daechang Forgi's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Daechang Forgi's assets grew by 11.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Daechang Forgi (2001–2024)
The table below shows the annual total assets of Daechang Forgi from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩372.34 Billion | +11.23% |
| 2023-12-31 | ₩334.75 Billion | -1.03% |
| 2022-12-31 | ₩338.23 Billion | +13.32% |
| 2021-12-31 | ₩298.48 Billion | +20.72% |
| 2020-12-31 | ₩247.24 Billion | +3.64% |
| 2019-12-31 | ₩238.56 Billion | +4.17% |
| 2018-12-31 | ₩229.02 Billion | +5.56% |
| 2017-12-31 | ₩216.95 Billion | +7.17% |
| 2016-12-31 | ₩202.43 Billion | +3.66% |
| 2015-12-31 | ₩195.29 Billion | +6.15% |
| 2014-12-31 | ₩183.98 Billion | +18.61% |
| 2013-12-31 | ₩155.11 Billion | +7.75% |
| 2012-12-31 | ₩143.96 Billion | -3.28% |
| 2011-12-31 | ₩148.83 Billion | +11.12% |
| 2010-12-31 | ₩133.93 Billion | +29.74% |
| 2009-12-31 | ₩103.23 Billion | -25.69% |
| 2008-12-31 | ₩138.92 Billion | +27.28% |
| 2007-12-31 | ₩109.14 Billion | -6.55% |
| 2006-12-31 | ₩116.80 Billion | -7.97% |
| 2005-12-31 | ₩126.91 Billion | -1.59% |
| 2004-12-31 | ₩128.95 Billion | +1.64% |
| 2003-12-31 | ₩126.87 Billion | -2.46% |
| 2002-12-31 | ₩130.07 Billion | -3.51% |
| 2001-12-31 | ₩134.81 Billion | -- |