LG Corp Preferred
LG Corp., through its subsidiaries, operates in the electronics, chemicals, and telecommunication and services sectors. The company offers home appliance, air, media entertainment, vehicle, and eco solutions; and TV, mobile, monitor, IT, and automotive and commercial display products. It also provides vehicle sensing, communication, and lighting solutions, as well as substrates for AI and semicon… Read more
LG Corp Preferred (003555) - Net Assets
Latest net assets as of September 2025: ₩29.18 Trillion KRW
Based on the latest financial reports, LG Corp Preferred (003555) has net assets worth ₩29.18 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩32.24 Trillion) and total liabilities (₩3.06 Trillion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩29.18 Trillion |
| % of Total Assets | 90.51% |
| Annual Growth Rate | 8.37% |
| 5-Year Change | 34.86% |
| 10-Year Change | 111.39% |
| Growth Volatility | 5.01 |
LG Corp Preferred - Net Assets Trend (2014–2024)
This chart illustrates how LG Corp Preferred's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LG Corp Preferred (2014–2024)
The table below shows the annual net assets of LG Corp Preferred from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩28.13 Trillion | +4.13% |
| 2023-12-31 | ₩27.02 Trillion | +2.98% |
| 2022-12-31 | ₩26.23 Trillion | +19.57% |
| 2021-12-31 | ₩21.94 Trillion | +5.17% |
| 2020-12-31 | ₩20.86 Trillion | +9.67% |
| 2019-12-31 | ₩19.02 Trillion | +4.72% |
| 2018-12-31 | ₩18.16 Trillion | +12.27% |
| 2017-12-31 | ₩16.18 Trillion | +13.78% |
| 2016-12-31 | ₩14.22 Trillion | +6.85% |
| 2015-12-31 | ₩13.31 Trillion | +5.74% |
| 2014-12-31 | ₩12.59 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LG Corp Preferred'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 133.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩21.33 Trillion | 78.74% |
| Other Components | ₩5.76 Trillion | 21.26% |
| Total Equity | ₩27.08 Trillion | 100.00% |
LG Corp Preferred Competitors by Market Cap
The table below lists competitors of LG Corp Preferred ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Vanke Co Ltd Class A
SHE:000002
|
$4.29 Billion |
|
Alaska Air Group Inc
NYSE:ALK
|
$4.29 Billion |
|
Atmus Filtration Technologies Inc.
NYSE:ATMU
|
$4.29 Billion |
|
Xinyi Solar Holdings Limited
PINK:XISHY
|
$4.29 Billion |
|
Neoenergia S.A.
F:2Q40
|
$4.28 Billion |
|
IES Holdings Inc
NASDAQ:IESC
|
$4.28 Billion |
|
RIOT PLATFORMS DL-001
F:AP4N
|
$4.28 Billion |
|
Copenhagen Airports AS
CO:KBHL
|
$4.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LG Corp Preferred's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,128,917,000,000 to 27,083,363,000,000, a change of 954,446,000,000 (3.7%).
- Net income of 574,727,000,000 contributed positively to equity growth.
- Dividend payments of 550,067,000,000 reduced retained earnings.
- Share repurchases of 151,682,000,000 reduced equity.
- Other factors increased equity by 1,081,468,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩574.73 Billion | +2.12% |
| Dividends Paid | ₩550.07 Billion | -2.03% |
| Share Repurchases | ₩151.68 Billion | -0.56% |
| Other Changes | ₩1.08 Trillion | +3.99% |
| Total Change | ₩- | 3.65% |
Book Value vs Market Value Analysis
This analysis compares LG Corp Preferred'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: 0.38x
- 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 0.65x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩101787.52 | ₩66200.00 | x |
| 2018-12-31 | ₩114484.53 | ₩66200.00 | x |
| 2019-12-31 | ₩119753.08 | ₩66200.00 | x |
| 2020-12-31 | ₩128856.71 | ₩66200.00 | x |
| 2021-12-31 | ₩135112.18 | ₩66200.00 | x |
| 2022-12-31 | ₩162740.41 | ₩66200.00 | x |
| 2023-12-31 | ₩170549.87 | ₩66200.00 | x |
| 2024-12-31 | ₩175634.24 | ₩66200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LG Corp Preferred 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): 2.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.01%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.17x
- Recent ROE (2.12%) is below the historical average (7.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.90% | 8.56% | 0.57x | 1.42x | ₩-378.99 Billion |
| 2015 | 7.29% | 9.47% | 0.55x | 1.40x | ₩-351.70 Billion |
| 2016 | 7.75% | 10.84% | 0.51x | 1.40x | ₩-312.64 Billion |
| 2017 | 14.97% | 23.34% | 0.47x | 1.35x | ₩795.65 Billion |
| 2018 | 10.36% | 17.46% | 0.47x | 1.27x | ₩64.01 Billion |
| 2019 | 5.74% | 17.77% | 0.27x | 1.19x | ₩-802.75 Billion |
| 2020 | 7.23% | 22.10% | 0.27x | 1.20x | ₩-560.15 Billion |
| 2021 | 12.07% | 37.40% | 0.27x | 1.21x | ₩440.80 Billion |
| 2022 | 7.78% | 27.55% | 0.24x | 1.16x | ₩-565.67 Billion |
| 2023 | 4.83% | 16.94% | 0.25x | 1.16x | ₩-1.35 Trillion |
| 2024 | 2.12% | 8.01% | 0.23x | 1.17x | ₩-2.13 Trillion |
Industry Comparison
This section compares LG Corp Preferred's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $5,923,090,637,367
- Average return on equity (ROE) among peers: 3.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Corp Preferred (003555) | ₩29.18 Trillion | 6.90% | 0.10x | $4.29 Billion |
| Nam Sung (004270) | $82.77 Billion | -4.24% | 1.48x | $7.33 Million |
| Anam Electroni (008700) | $71.62 Billion | 5.68% | 0.75x | $47.10 Million |
| LG Display (034220) | $14.98 Trillion | 12.03% | 0.95x | $2.25 Billion |
| Paseco Co. Ltd (037070) | $82.92 Billion | -20.23% | 0.45x | $26.67 Million |
| Winix Inc (044340) | $40.93 Billion | 0.00% | 0.76x | $24.08 Million |
| Intops Co. Ltd (049070) | $771.78 Billion | 2.79% | 0.17x | $103.72 Million |
| LG Electronics Inc (066570) | $14.67 Trillion | 11.76% | 1.81x | $9.06 Billion |
| Lg Electronics Pref (066575) | $22.49 Trillion | 5.32% | 1.45x | $4.04 Billion |
| E Investment & Development (093230) | $110.60 Billion | 16.57% | 0.22x | $3.43 Million |