Lotte Chemical Corp
Lotte Chemical Corporation, a chemical company, manufactures and distributes petrochemical products. The company offers basic chemicals, such as ethylene, propylene, benzene, toluene, xylene, ethylene oxide, ethylene glycol, ethylene oxide adduct, glycol ether, methyl methacrylate, styrene monomer, butadiene, para-xylene, ortho-xylene, meta-xylene, purified isophthalic acid, high-density polyethy… Read more
Lotte Chemical Corp (011170) - Net Assets
Latest net assets as of September 2025: ₩19.16 Trillion KRW
Based on the latest financial reports, Lotte Chemical Corp (011170) has net assets worth ₩19.16 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 (₩33.67 Trillion) and total liabilities (₩14.51 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 | ₩19.16 Trillion |
| % of Total Assets | 56.91% |
| Annual Growth Rate | 12.7% |
| 5-Year Change | 45.77% |
| 10-Year Change | 164.55% |
| Growth Volatility | 11.08 |
Lotte Chemical Corp - Net Assets Trend (2004–2024)
This chart illustrates how Lotte Chemical Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lotte Chemical Corp (2004–2024)
The table below shows the annual net assets of Lotte Chemical Corp from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩19.99 Trillion | -1.21% |
| 2023-12-31 | ₩20.23 Trillion | +17.19% |
| 2022-12-31 | ₩17.26 Trillion | +11.73% |
| 2021-12-31 | ₩15.45 Trillion | +12.68% |
| 2020-12-31 | ₩13.71 Trillion | -2.42% |
| 2019-12-31 | ₩14.05 Trillion | +3.76% |
| 2018-12-31 | ₩13.54 Trillion | +10.52% |
| 2017-12-31 | ₩12.25 Trillion | +30.36% |
| 2016-12-31 | ₩9.40 Trillion | +24.42% |
| 2015-12-31 | ₩7.56 Trillion | +16.80% |
| 2014-12-31 | ₩6.47 Trillion | +2.77% |
| 2013-12-31 | ₩6.29 Trillion | +3.46% |
| 2012-12-31 | ₩6.08 Trillion | -1.20% |
| 2011-12-31 | ₩6.16 Trillion | +23.49% |
| 2010-12-31 | ₩4.99 Trillion | +20.01% |
| 2009-12-31 | ₩4.16 Trillion | +33.51% |
| 2008-12-31 | ₩3.11 Trillion | -2.06% |
| 2007-12-31 | ₩3.18 Trillion | +17.43% |
| 2006-12-31 | ₩2.71 Trillion | +15.32% |
| 2005-12-31 | ₩2.35 Trillion | +28.27% |
| 2004-12-31 | ₩1.83 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lotte Chemical Corp'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 1106243442078000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩11.06 Trillion | 77.08% |
| Other Components | ₩3.29 Trillion | 22.92% |
| Total Equity | ₩14.35 Trillion | 100.00% |
Lotte Chemical Corp Competitors by Market Cap
The table below lists competitors of Lotte Chemical Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSN Mineração S.A
SA:CMIN3
|
$337.73 Million |
|
GKHT Medical Technology Co. Ltd. A
SHE:301370
|
$337.82 Million |
|
Arvind Fashions Limited
NSE:ARVINDFASN
|
$338.02 Million |
|
NEXTIN Inc
KQ:348210
|
$338.05 Million |
|
Standard Foods Corp
TW:1227
|
$337.65 Million |
|
Weave Communications Inc
NYSE:WEAV
|
$337.61 Million |
|
CARTER BANKSHARES DL-01
F:6NH
|
$337.56 Million |
|
Shenzhen Edadoc Technology Co. Ltd. A
SHE:301366
|
$337.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lotte Chemical Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,543,126,949,900 to 14,352,322,139,450, a change of -1,190,804,810,450 (-7.7%).
- Net loss of 1,710,507,345,750 reduced equity.
- Dividend payments of 225,406,283,260 reduced retained earnings.
- Other factors increased equity by 745,108,818,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.71 Trillion | -11.92% |
| Dividends Paid | ₩225.41 Billion | -1.57% |
| Other Changes | ₩745.11 Billion | +5.19% |
| Total Change | ₩- | -7.66% |
Book Value vs Market Value Analysis
This analysis compares Lotte Chemical Corp'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: 0.20x
- 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 | ₩335214.81 | ₩69100.00 | x |
| 2018-12-31 | ₩371540.83 | ₩69100.00 | x |
| 2019-12-31 | ₩385243.99 | ₩69100.00 | x |
| 2020-12-31 | ₩374802.59 | ₩69100.00 | x |
| 2021-12-31 | ₩420424.22 | ₩69100.00 | x |
| 2022-12-31 | ₩407598.75 | ₩69100.00 | x |
| 2023-12-31 | ₩365802.86 | ₩69100.00 | x |
| 2024-12-31 | ₩340367.40 | ₩69100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lotte Chemical Corp 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): -11.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.37%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.41x
- Recent ROE (-11.92%) is below the historical average (11.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 32.92% | 22.46% | 0.75x | 1.95x | ₩370.22 Billion |
| 2005 | 24.49% | 9.61% | 1.29x | 1.97x | ₩302.66 Billion |
| 2006 | 15.65% | 6.82% | 1.35x | 1.71x | ₩137.82 Billion |
| 2007 | 16.11% | 7.52% | 1.28x | 1.67x | ₩175.63 Billion |
| 2009 | 21.42% | 9.28% | 1.30x | 1.77x | ₩425.39 Billion |
| 2010 | 17.64% | 6.34% | 1.44x | 1.93x | ₩340.49 Billion |
| 2011 | 17.91% | 6.23% | 1.46x | 1.97x | ₩431.89 Billion |
| 2012 | 5.20% | 1.98% | 1.53x | 1.72x | ₩-289.81 Billion |
| 2013 | 4.60% | 1.75% | 1.54x | 1.71x | ₩-337.69 Billion |
| 2014 | 2.28% | 0.99% | 1.44x | 1.60x | ₩-496.85 Billion |
| 2015 | 13.19% | 8.47% | 1.02x | 1.52x | ₩240.04 Billion |
| 2016 | 19.61% | 13.88% | 0.83x | 1.69x | ₩899.50 Billion |
| 2017 | 19.53% | 14.14% | 0.81x | 1.70x | ₩1.09 Trillion |
| 2018 | 12.40% | 9.54% | 0.80x | 1.63x | ₩305.72 Billion |
| 2019 | 5.41% | 4.73% | 0.75x | 1.52x | ₩-605.46 Billion |
| 2020 | 1.23% | 1.30% | 0.63x | 1.51x | ₩-1.13 Trillion |
| 2021 | 9.34% | 7.43% | 0.79x | 1.59x | ₩-95.37 Billion |
| 2022 | 0.43% | 0.28% | 0.83x | 1.85x | ₩-1.38 Trillion |
| 2023 | -0.32% | -0.25% | 0.60x | 2.15x | ₩-1.60 Trillion |
| 2024 | -11.92% | -8.37% | 0.59x | 2.41x | ₩-3.15 Trillion |
Industry Comparison
This section compares Lotte Chemical Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lotte Chemical Corp (011170) | ₩19.16 Trillion | 32.92% | 0.76x | $337.66 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |