Lotte Non-Life (000400) - Net Assets

Latest as of September 2025: ₩590.89 Billion KRW ≈ $400.44 Million USD

Based on the latest financial reports, Lotte Non-Life (000400) has net assets worth ₩590.89 Billion KRW (≈ $400.44 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 (₩14.88 Trillion ≈ $10.09 Billion USD) and total liabilities (₩14.29 Trillion ≈ $9.69 Billion 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 asset resilience ratio of Lotte Non-Life to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩590.89 Billion
% of Total Assets	3.97%
Annual Growth Rate	9.87%
5-Year Change	-16.09%
10-Year Change	79.28%
Growth Volatility	52.09

Lotte Non-Life - Net Assets Trend (1999–2024)

This chart illustrates how Lotte Non-Life's net assets have evolved over time, based on quarterly financial data. Also explore Lotte Non-Life assets under control for the complete picture of this company's asset base.

Annual Net Assets for Lotte Non-Life (1999–2024)

The table below shows the annual net assets of Lotte Non-Life from 1999 to 2024. For live valuation and market cap data, see market cap of Lotte Non-Life.

Year	Net Assets	Change
2024-12-31	₩794.24 Billion ≈ $538.24 Million	-36.78%
2023-12-31	₩1.26 Trillion ≈ $851.33 Million	+180.01%
2022-12-31	₩448.64 Billion ≈ $304.04 Million	-55.23%
2021-12-31	₩1.00 Trillion ≈ $679.06 Million	+5.86%
2020-12-31	₩946.54 Billion ≈ $641.46 Million	-2.00%
2019-12-31	₩965.85 Billion ≈ $654.54 Million	+71.45%
2018-12-31	₩563.34 Billion ≈ $381.77 Million	+2.94%
2017-12-31	₩547.25 Billion ≈ $370.87 Million	+9.15%
2016-12-31	₩501.39 Billion ≈ $339.78 Million	+13.18%
2015-12-31	₩443.01 Billion ≈ $300.22 Million	+45.50%
2014-12-31	₩304.47 Billion ≈ $206.34 Million	+14.99%
2013-12-31	₩264.78 Billion ≈ $179.44 Million	-7.57%
2012-12-31	₩286.46 Billion ≈ $194.13 Million	+35.13%
2011-12-31	₩211.98 Billion ≈ $143.66 Million	+1.26%
2010-12-31	₩209.34 Billion ≈ $141.87 Million	-4.69%
2009-12-31	₩219.64 Billion ≈ $148.85 Million	+12.14%
2008-12-31	₩195.86 Billion ≈ $132.73 Million	+67.58%
2007-12-31	₩116.87 Billion ≈ $79.20 Million	+6.69%
2006-12-31	₩109.54 Billion ≈ $74.24 Million	+8.83%
2005-12-31	₩100.66 Billion ≈ $68.21 Million	-2.81%
2004-12-31	₩103.56 Billion ≈ $70.18 Million	+7.94%
2003-12-31	₩95.95 Billion ≈ $65.02 Million	-2.48%
2002-12-31	₩98.39 Billion ≈ $66.68 Million	+58.84%
2001-12-31	₩61.94 Billion ≈ $41.98 Million	+473.55%
2000-12-31	₩-16.58 Billion ≈ $-11.24 Million	-121.97%
1999-12-31	₩75.48 Billion ≈ $51.15 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Lotte Non-Life'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 37316060662000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩373.16 Billion	46.98%
Other Components	₩421.08 Billion	53.02%
Total Equity	₩794.24 Billion	100.00%

Lotte Non-Life Competitors by Market Cap

The table below lists competitors of Lotte Non-Life ranked by their market capitalization.

Company	Market Cap
PLAYWAY SA WAR:PLW	$443.21 Million
Nanhua Bio Medicine Co Ltd SHE:000504	$443.33 Million
Indigo Paints Limited NSE:INDIGOPNTS	$443.51 Million
AGI Greenpac Limited NSE:AGI	$443.60 Million
British American Tobacco Malaysia Bhd KLSE:4162	$443.03 Million
ALLIANZ TECHNO.TR.LS-025 F:28X	$442.97 Million
Studio City International Holdings Ltd NYSE:MSC	$442.95 Million
Guangdong Dcenti Auto-Parts Stock Ltd Co SHG:603335	$442.94 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lotte Non-Life's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,256,231,689,670 to 794,239,494,160, a change of -461,992,195,510 (-36.8%).
Net income of 24,221,402,910 contributed positively to equity growth.
Dividend payments of 3,128,000,000 reduced retained earnings.
Other factors decreased equity by 483,085,598,420.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩24.22 Billion	+3.05%
Dividends Paid	₩3.13 Billion	-0.39%
Other Changes	₩-483.09 Billion	-60.82%
Total Change	₩-	-36.78%

Book Value vs Market Value Analysis

This analysis compares Lotte Non-Life'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: 0.82x
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 increased from 0.51x to 0.82x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩4113.03	₩2115.00	x
2018-12-31	₩4233.91	₩2115.00	x
2019-12-31	₩3124.61	₩2115.00	x
2020-12-31	₩3062.14	₩2115.00	x
2021-12-31	₩3241.64	₩2115.00	x
2022-12-31	₩1451.40	₩2115.00	x
2023-12-31	₩4064.03	₩2115.00	x
2024-12-31	₩2569.44	₩2115.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lotte Non-Life 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): 3.05%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.07%
• Asset Turnover: 0.15x
• Equity Multiplier: 19.57x
Recent ROE (3.05%) is below the historical average (8.85%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	59.89%	6.98%	0.70x	12.27x	₩30.90 Billion
2002	39.93%	7.85%	0.63x	8.13x	₩29.44 Billion
2003	3.56%	0.65%	0.66x	8.21x	₩-6.18 Billion
2004	9.84%	2.00%	0.64x	7.71x	₩-168.62 Million
2005	2.69%	0.50%	0.64x	8.40x	₩-7.36 Billion
2006	6.60%	1.00%	0.70x	9.37x	₩-3.73 Billion
2007	1.83%	0.25%	0.71x	10.36x	₩-9.55 Billion
2009	7.07%	1.13%	0.59x	10.56x	₩-6.43 Billion
2011	6.03%	0.74%	0.50x	16.36x	₩-8.42 Billion
2013	1.86%	0.33%	0.28x	19.84x	₩-21.57 Billion
2014	0.84%	0.13%	0.29x	22.10x	₩-27.90 Billion
2015	2.23%	0.46%	0.24x	19.82x	₩-34.42 Billion
2016	5.79%	1.04%	0.25x	22.13x	₩-21.09 Billion
2017	13.64%	2.61%	0.22x	23.39x	₩19.92 Billion
2018	16.21%	3.00%	0.21x	25.23x	₩34.98 Billion
2019	-5.30%	-1.63%	0.19x	16.84x	₩-147.75 Billion
2020	-2.56%	-0.88%	0.17x	17.27x	₩-118.87 Billion
2021	11.96%	5.28%	0.12x	18.87x	₩19.68 Billion
2022	-22.11%	-6.67%	0.08x	39.96x	₩-144.07 Billion
2023	22.73%	14.36%	0.13x	11.82x	₩159.96 Billion
2024	3.05%	1.07%	0.15x	19.57x	₩-55.20 Billion

Industry Comparison

This section compares Lotte Non-Life's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

Industry: Insurance - Property & Casualty
Average net assets among peers: $2,619,952,419,557
Average return on equity (ROE) among peers: 9.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lotte Non-Life (000400)	₩590.89 Billion	59.89%	24.19x	$443.05 Million
Hanwha General (000370)	$1.42 Trillion	5.78%	10.82x	$518.71 Million
Heungkuk F&M I (000540)	$723.77 Billion	3.14%	17.25x	$192.21 Million
Heungkuk Fire & Marine Insurance Co Ltd (000545)	$442.02 Billion	4.45%	19.33x	$305.62 Million
Samsung Fire & Marine Insurance (000810)	$1.66 Trillion	8.30%	3.41x	$12.44 Billion
Samsung Fire And Marine Ins Pref (000815)	$11.01 Trillion	7.79%	5.20x	$676.84 Million
Hyundai Mar&Fi (001450)	$2.15 Trillion	15.92%	8.97x	$1.62 Billion
DB Insurance Co Ltd (005830)	$941.95 Billion	24.58%	12.39x	$6.82 Billion

About Lotte Non-Life

KO:000400 Korea Insurance - Property & Casualty

Market Cap

$443.05 Million

₩653.77 Billion KRW

Market Cap Rank

#13186 Global

#438 in Korea

Share Price

₩2115.00

Change (1 day)

-2.08%

52-Week Range

₩1528.00 - ₩2725.00

All Time High

₩4444.24