Ls Networks (000680) - Net Assets

Latest as of September 2025: ₩937.76 Billion KRW ≈ $635.51 Million USD

Based on the latest financial reports, Ls Networks (000680) has net assets worth ₩937.76 Billion KRW (≈ $635.51 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 (₩10.50 Trillion ≈ $7.12 Billion USD) and total liabilities (₩9.56 Trillion ≈ $6.48 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 Ls Networks asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩937.76 Billion
% of Total Assets	8.93%
Annual Growth Rate	4.66%
5-Year Change	88.73%
10-Year Change	34.93%
Growth Volatility	28.09

Ls Networks - Net Assets Trend (2007–2024)

This chart illustrates how Ls Networks's net assets have evolved over time, based on quarterly financial data. Also explore 000680 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Ls Networks (2007–2024)

The table below shows the annual net assets of Ls Networks from 2007 to 2024. For live valuation and market cap data, see market value of Ls Networks.

Year	Net Assets	Change
2024-12-31	₩930.83 Billion ≈ $630.81 Million	+65.04%
2023-12-31	₩564.01 Billion ≈ $382.22 Million	+2.20%
2022-12-31	₩551.88 Billion ≈ $374.00 Million	-0.32%
2021-12-31	₩553.63 Billion ≈ $375.19 Million	+12.25%
2020-12-31	₩493.21 Billion ≈ $334.24 Million	-5.04%
2019-12-31	₩519.41 Billion ≈ $352.00 Million	-18.61%
2018-12-31	₩638.15 Billion ≈ $432.46 Million	+2.46%
2017-12-31	₩622.85 Billion ≈ $422.10 Million	+3.30%
2016-12-31	₩602.93 Billion ≈ $408.60 Million	-12.60%
2015-12-31	₩689.89 Billion ≈ $467.53 Million	-10.33%
2014-12-31	₩769.35 Billion ≈ $521.38 Million	+1.22%
2013-12-31	₩760.11 Billion ≈ $515.12 Million	-5.13%
2012-12-31	₩801.21 Billion ≈ $542.97 Million	+1.11%
2011-12-31	₩792.39 Billion ≈ $536.99 Million	-5.59%
2010-12-31	₩839.35 Billion ≈ $568.81 Million	-3.70%
2009-12-31	₩871.60 Billion ≈ $590.67 Million	+96.00%
2008-12-31	₩444.69 Billion ≈ $301.36 Million	+3.58%
2007-12-31	₩429.33 Billion ≈ $290.95 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ls Networks'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 19745978748000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩197.46 Billion	36.17%
Other Components	₩348.49 Billion	63.83%
Total Equity	₩545.95 Billion	100.00%

Ls Networks Competitors by Market Cap

The table below lists competitors of Ls Networks ranked by their market capitalization.

Company	Market Cap
Taiwan Chinsan Electronic Industrial Co Ltd TWO:8042	$239.02 Million
Innventure, Inc. NASDAQ:INV	$239.11 Million
Shenzhen Wongtee International Enterprise Co Ltd SHE:000056	$239.16 Million
Amaero Ltd AU:3DA	$239.27 Million
GSR IV Acquisition Corp. Class A ordinary share NASDAQ:GSRF	$238.94 Million
Octodec JSE:OCT	$238.94 Million
Parpro Corp TW:4916	$238.93 Million
Lanna Resources Public Company Limited BK:LANNA	$238.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ls Networks's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 564,007,596,860 to 545,945,295,900, a change of -18,062,300,960 (-3.2%).
Net loss of 43,958,018,740 reduced equity.
Dividend payments of 10,574,528,700 reduced retained earnings.
Other factors increased equity by 36,470,246,480.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-43.96 Billion	-8.05%
Dividends Paid	₩10.57 Billion	-1.94%
Other Changes	₩36.47 Billion	+6.68%
Total Change	₩-	-3.20%

Book Value vs Market Value Analysis

This analysis compares Ls Networks'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: 0.65x
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 0.53x to 0.65x 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	₩8476.13	₩4475.00	x
2018-12-31	₩8684.31	₩4475.00	x
2019-12-31	₩7068.46	₩4475.00	x
2020-12-31	₩6711.88	₩4475.00	x
2021-12-31	₩7534.11	₩4475.00	x
2022-12-31	₩7510.26	₩4475.00	x
2023-12-31	₩7675.35	₩4475.00	x
2024-12-31	₩6927.97	₩4475.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ls Networks 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): -8.05%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.27%
• Asset Turnover: 0.20x
• Equity Multiplier: 17.59x
Recent ROE (-8.05%) is below the historical average (-1.02%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	4.50%	9.06%	0.43x	1.15x	₩-23.59 Billion
2008	5.58%	12.45%	0.31x	1.46x	₩-19.65 Billion
2009	1.68%	6.60%	0.18x	1.42x	₩-72.51 Billion
2010	2.11%	4.65%	0.31x	1.46x	₩-66.25 Billion
2011	1.43%	2.49%	0.34x	1.69x	₩-67.93 Billion
2012	2.35%	2.88%	0.47x	1.75x	₩-61.28 Billion
2013	-2.53%	-2.49%	0.54x	1.88x	₩-95.23 Billion
2014	0.07%	0.06%	0.60x	2.07x	₩-76.41 Billion
2015	-10.98%	-10.36%	0.48x	2.21x	₩-144.74 Billion
2016	-14.45%	-17.89%	0.39x	2.09x	₩-147.44 Billion
2017	3.31%	4.65%	0.35x	2.04x	₩-41.68 Billion
2018	2.55%	3.66%	0.35x	2.00x	₩-47.52 Billion
2019	-13.30%	-17.15%	0.34x	2.25x	₩-121.03 Billion
2020	-5.00%	-7.37%	0.27x	2.49x	₩-73.99 Billion
2021	10.85%	15.39%	0.30x	2.37x	₩4.73 Billion
2022	-0.43%	-0.66%	0.28x	2.36x	₩-57.58 Billion
2023	1.90%	2.82%	0.29x	2.32x	₩-45.70 Billion
2024	-8.05%	-2.27%	0.20x	17.59x	₩-98.55 Billion

Industry Comparison

This section compares Ls Networks's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

Industry: Specialty Retail
Average net assets among peers: $683,079,478,758
Average return on equity (ROE) among peers: -9.88%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ls Networks (000680)	₩937.76 Billion	4.50%	10.20x	$238.98 Million
Monami (005360)	$93.51 Billion	-5.67%	1.13x	$22.13 Million
Hotel Shilla (008770)	$765.06 Billion	14.42%	2.01x	$1.65 Billion
Hotel Shilla Co Ltd (008775)	$623.96 Billion	-45.42%	3.64x	$20.57 Million
Lotte Himart (071840)	$1.25 Trillion	-2.83%	0.90x	$125.59 Million

About Ls Networks

KO:000680 Korea Specialty Retail

Market Cap

$238.98 Million

₩352.64 Billion KRW

Market Cap Rank

#15867 Global

#632 in Korea

Share Price

₩4475.00

Change (1 day)

-3.35%

52-Week Range

₩2945.00 - ₩4630.00

All Time High

₩7900.00