Ls Networks (000680) - Net Assets

Latest as of December 2025: ₩1.28 Trillion KRW ≈ $866.06 Million USD

Based on the latest financial reports, Ls Networks (000680) has net assets worth ₩1.28 Trillion KRW (≈ $866.06 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩11.69 Trillion ≈ $7.92 Billion USD) and total liabilities (₩10.41 Trillion ≈ $7.05 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 tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩1.28 Trillion
% of Total Assets	10.94%
Annual Growth Rate	6.25%
5-Year Change	130.83%
10-Year Change	111.96%
Growth Volatility	37.67

Ls Networks - Net Assets Trend (2007–2025)

This chart illustrates how Ls Networks's net assets have evolved over time, based on quarterly financial data. See Ls Networks (000680) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ls Networks (2007–2025)

The table below shows the annual net assets of Ls Networks from 2007 to 2025. For live valuation and market cap data, see market value of Ls Networks.

Year	Net Assets	Change
2025-12-31	₩1.28 Trillion ≈ $866.06 Million	-2.36%
2024-12-31	₩1.31 Trillion ≈ $886.97 Million	+132.06%
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 54398171087000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩543.98 Billion	60.95%
Other Components	₩348.49 Billion	39.05%
Total Equity	₩892.47 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
Amarc Resources Ltd. V:AHR	$163.00 Million
West Wits Mining Ltd AU:WWI	$163.02 Million
Shenyang Cuihua Gold and Silver Jewelry Co Ltd SHE:002731	$163.05 Million
Pt Pakuan Tbk JK:UANG	$163.07 Million
Fursys KO:016800	$162.83 Million
Mineralbrunnen Überkingen-Teinach GmbH & Co. KGaA F:MUT	$162.81 Million
PW MEDTECH GROUP DL-0001 F:PWE	$162.81 Million
Ellsworth Convertible Growth & IF NYSE MKT:ECF	$162.75 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 2024 to 2025, total equity changed from 923,941,224,230 to 892,467,219,280, a change of -31,474,004,950 (-3.4%).
Net loss of 31,943,593,070 reduced equity.
Dividend payments of 11,334,823,840 reduced retained earnings.
Other factors increased equity by 11,804,411,960.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-31.94 Billion	-3.58%
Dividends Paid	₩11.33 Billion	-1.27%
Other Changes	₩11.80 Billion	+1.32%
Total Change	₩-	-3.41%

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: 0.27x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩8476.13	₩3050.00	x
2018-12-31	₩8684.31	₩3050.00	x
2019-12-31	₩7068.46	₩3050.00	x
2020-12-31	₩6711.88	₩3050.00	x
2021-12-31	₩7534.11	₩3050.00	x
2022-12-31	₩7510.26	₩3050.00	x
2023-12-31	₩7675.35	₩3050.00	x
2024-12-31	₩11724.69	₩3050.00	x
2025-12-31	₩11325.29	₩3050.00	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): -3.58%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.22%
• Asset Turnover: 0.22x
• Equity Multiplier: 13.09x
Recent ROE (-3.58%) is below the historical average (-0.90%), 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	-3.21%	-1.53%	0.19x	10.92x	₩-122.05 Billion
2025	-3.58%	-1.22%	0.22x	13.09x	₩-121.19 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: $771,735,763,905
Average return on equity (ROE) among peers: -0.04%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ls Networks (000680)	₩1.28 Trillion	4.50%	8.14x	$162.88 Million
Monami (005360)	$80.95 Billion	-13.04%	1.18x	$17.11 Million
Hotel Shilla (008770)	$576.90 Billion	4.69%	3.60x	$1.45 Billion
Hotel Shilla Co Ltd (008775)	$743.95 Billion	2.48%	1.93x	$16.33 Million
Lotte Himart (071840)	$1.69 Trillion	5.72%	0.65x	$105.05 Million

About Ls Networks

KO:000680 Korea Specialty Retail

Market Cap

$162.88 Million

₩240.35 Billion KRW

Market Cap Rank

#17425 Global

#712 in Korea

Share Price

₩3050.00

Change (1 day)

-4.69%

52-Week Range

₩2940.00 - ₩4630.00

All Time High

₩7900.00