LG Innotek Co Ltd
LG Innotek Co., Ltd. engages in the manufacture and sale of electronic materials and components for mobile, display, semiconductor, automobile, and Internet of Things (IoT) fields in South Korea and internationally. It offers optics solutions, including camera and 3D sensing modules, and actuators; substrates and materials comprising package and tape substrates, and display masks; automotive comp… Read more
LG Innotek Co Ltd (011070) - Net Assets
Latest net assets as of September 2025: ₩5.49 Trillion KRW
Based on the latest financial reports, LG Innotek Co Ltd (011070) has net assets worth ₩5.49 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 (₩11.75 Trillion) and total liabilities (₩6.26 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 | ₩5.49 Trillion |
| % of Total Assets | 46.71% |
| Annual Growth Rate | 16.16% |
| 5-Year Change | 120.53% |
| 10-Year Change | 203.33% |
| Growth Volatility | 24.13 |
LG Innotek Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how LG Innotek Co Ltd'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 Innotek Co Ltd (2008–2024)
The table below shows the annual net assets of LG Innotek Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩5.35 Trillion | +13.56% |
| 2023-12-31 | ₩4.71 Trillion | +10.52% |
| 2022-12-31 | ₩4.27 Trillion | +28.71% |
| 2021-12-31 | ₩3.31 Trillion | +36.52% |
| 2020-12-31 | ₩2.43 Trillion | +10.12% |
| 2019-12-31 | ₩2.20 Trillion | +4.08% |
| 2018-12-31 | ₩2.12 Trillion | +8.58% |
| 2017-12-31 | ₩1.95 Trillion | +9.69% |
| 2016-12-31 | ₩1.78 Trillion | +0.76% |
| 2015-12-31 | ₩1.77 Trillion | +4.04% |
| 2014-12-31 | ₩1.70 Trillion | +28.82% |
| 2013-12-31 | ₩1.32 Trillion | +3.83% |
| 2012-12-31 | ₩1.27 Trillion | -4.27% |
| 2011-12-31 | ₩1.32 Trillion | -9.87% |
| 2010-12-31 | ₩1.47 Trillion | +68.00% |
| 2009-12-31 | ₩874.99 Billion | +79.53% |
| 2008-12-31 | ₩487.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LG Innotek Co Ltd'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 386815404357000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.87 Trillion | 72.25% |
| Other Components | ₩1.49 Trillion | 27.75% |
| Total Equity | ₩5.35 Trillion | 100.00% |
LG Innotek Co Ltd Competitors by Market Cap
The table below lists competitors of LG Innotek Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMMB Holdings Berhad
OTCGREY:AMMHF
|
$2.43 Billion |
|
Credit Acceptance Corporation
NASDAQ:CACC
|
$2.43 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
$2.43 Billion |
|
T&S Communications Co Ltd
SHE:300570
|
$2.44 Billion |
|
Sapiens International Corporation NV
NASDAQ:SPNS
|
$2.43 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
$2.43 Billion |
|
Quilter plc
PINK:QUILF
|
$2.43 Billion |
|
PSKRY
PINK:PSKRY
|
$2.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LG Innotek Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,714,574,536,060 to 5,353,865,612,470, a change of 639,291,076,410 (13.6%).
- Net income of 449,273,980,000 contributed positively to equity growth.
- Dividend payments of 61,764,363,270 reduced retained earnings.
- Other factors increased equity by 251,781,459,680.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩449.27 Billion | +8.39% |
| Dividends Paid | ₩61.76 Billion | -1.15% |
| Other Changes | ₩251.78 Billion | +4.7% |
| Total Change | ₩- | 13.56% |
Book Value vs Market Value Analysis
This analysis compares LG Innotek Co Ltd'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: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.08x to 1.12x 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 | ₩82434.87 | ₩254000.00 | x |
| 2018-12-31 | ₩89510.97 | ₩254000.00 | x |
| 2019-12-31 | ₩93160.79 | ₩254000.00 | x |
| 2020-12-31 | ₩102587.72 | ₩254000.00 | x |
| 2021-12-31 | ₩140049.66 | ₩254000.00 | x |
| 2022-12-31 | ₩180261.22 | ₩254000.00 | x |
| 2023-12-31 | ₩199225.55 | ₩254000.00 | x |
| 2024-12-31 | ₩226240.32 | ₩254000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LG Innotek Co Ltd 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): 8.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.12%
- • Asset Turnover: 1.86x
- • Equity Multiplier: 2.13x
- Recent ROE (8.39%) is below the historical average (9.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 10.62% | 2.69% | 1.77x | 2.22x | ₩3.00 Billion |
| 2009 | 6.43% | 1.91% | 1.06x | 3.18x | ₩-31.49 Billion |
| 2013 | 1.18% | 0.25% | 1.36x | 3.48x | ₩-116.15 Billion |
| 2014 | 6.64% | 1.74% | 1.46x | 2.61x | ₩-56.97 Billion |
| 2015 | 5.39% | 1.55% | 1.57x | 2.22x | ₩-81.41 Billion |
| 2016 | 0.28% | 0.09% | 1.33x | 2.43x | ₩-172.89 Billion |
| 2017 | 8.96% | 2.29% | 1.30x | 3.01x | ₩-20.30 Billion |
| 2018 | 7.70% | 2.04% | 1.39x | 2.72x | ₩-48.72 Billion |
| 2019 | 4.64% | 1.23% | 1.44x | 2.62x | ₩-118.16 Billion |
| 2020 | 9.73% | 2.47% | 1.58x | 2.49x | ₩-6.65 Billion |
| 2021 | 26.80% | 5.94% | 1.93x | 2.34x | ₩556.86 Billion |
| 2022 | 22.97% | 5.00% | 2.00x | 2.30x | ₩553.27 Billion |
| 2023 | 11.99% | 2.74% | 1.84x | 2.38x | ₩93.74 Billion |
| 2024 | 8.39% | 2.12% | 1.86x | 2.13x | ₩-86.11 Billion |
Industry Comparison
This section compares LG Innotek Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $254,988,574,267
- Average return on equity (ROE) among peers: 4.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Innotek Co Ltd (011070) | ₩5.49 Trillion | 10.62% | 1.14x | $2.43 Billion |
| YoungPoong (000670) | $918.17 Billion | 12.46% | 0.99x | $139.95 Million |
| Sam Hwa Capaci (001820) | $15.49 Billion | 13.60% | 3.30x | $256.49 Million |
| Samick Music I (002450) | $253.91 Billion | 9.68% | 1.31x | $30.83 Million |
| Hansol Technics (004710) | $170.33 Billion | -14.81% | 1.48x | $82.05 Million |
| Sunny Elec (004770) | $19.63 Billion | 0.00% | 1.03x | $34.68 Million |
| PJ Electronics Co. Ltd (006140) | $87.80 Billion | 7.56% | 0.13x | $20.94 Million |
| Isupetasys (007660) | $162.31 Billion | 4.81% | 1.03x | $3.90 Billion |
| Korea Circuit Co Ltd (007815) | $397.41 Billion | 0.14% | 0.37x | $122.84 Million |
| Daeduck Co. Ltd. (008060) | $466.85 Billion | 5.01% | 0.19x | $208.55 Million |
| Kyung In Elect (009140) | $57.99 Billion | 2.85% | 0.14x | $7.61 Million |