Lotte Tour Dev
Lotte Tour Development Co., Ltd., together with its subsidiaries, engages in the provision of travel and tourism services in South Korea. It is involved in the development and operation of resorts, hotels, casinos, and shopping malls, as well as operation of chartered flights and cruise ships. The company was founded in 1971 and is based in Jeju-si, South Korea.
Lotte Tour Dev (032350) - Net Assets
Latest net assets as of June 2025: ₩332.83 Billion KRW
Based on the latest financial reports, Lotte Tour Dev (032350) has net assets worth ₩332.83 Billion KRW as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.18 Trillion) and total liabilities (₩1.85 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 | ₩332.83 Billion |
| % of Total Assets | 15.28% |
| Annual Growth Rate | 10.06% |
| 5-Year Change | 38.46% |
| 10-Year Change | 89.47% |
| Growth Volatility | 138.28 |
Lotte Tour Dev - Net Assets Trend (2011–2024)
This chart illustrates how Lotte Tour Dev'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 Tour Dev (2011–2024)
The table below shows the annual net assets of Lotte Tour Dev from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩313.06 Billion | +377.52% |
| 2023-12-31 | ₩65.56 Billion | -71.70% |
| 2022-12-31 | ₩231.69 Billion | +339.74% |
| 2021-12-31 | ₩52.69 Billion | -76.70% |
| 2020-12-31 | ₩226.10 Billion | -24.22% |
| 2019-12-31 | ₩298.38 Billion | +6.20% |
| 2018-12-31 | ₩280.95 Billion | +62.90% |
| 2017-12-31 | ₩172.46 Billion | +3.81% |
| 2016-12-31 | ₩166.14 Billion | +0.55% |
| 2015-12-31 | ₩165.23 Billion | +43.56% |
| 2014-12-31 | ₩115.09 Billion | +0.53% |
| 2013-12-31 | ₩114.49 Billion | +114.54% |
| 2012-12-31 | ₩53.37 Billion | -40.69% |
| 2011-12-31 | ₩89.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lotte Tour Dev'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 decreased by 109108843158000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩1.41 Trillion | 444.54% |
| Total Equity | ₩316.68 Billion | 100.00% |
Lotte Tour Dev Competitors by Market Cap
The table below lists competitors of Lotte Tour Dev ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Shanda Wit Science and Technology Co Ltd
SHE:000915
|
$710.28 Million |
|
Quanex Building Products
NYSE:NX
|
$710.52 Million |
|
Inwido AB
ST:INWI
|
$710.69 Million |
|
Fengzhushou Co. Ltd. A
SHE:301382
|
$710.91 Million |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
$709.70 Million |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$709.65 Million |
|
Tangrenshen Group Co Ltd
SHE:002567
|
$709.59 Million |
|
Guizhou Redstar Developing Co Ltd
SHG:600367
|
$709.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lotte Tour Dev's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,183,724,570 to 316,682,433,510, a change of 247,498,708,940 (357.7%).
- Net loss of 116,574,637,390 reduced equity.
- Other factors increased equity by 364,073,346,330.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-116.57 Billion | -36.81% |
| Other Changes | ₩364.07 Billion | +114.96% |
| Total Change | ₩- | 357.74% |
Book Value vs Market Value Analysis
This analysis compares Lotte Tour Dev'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: 5.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.32x to 5.20x 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 | ₩3416.35 | ₩21600.00 | x |
| 2018-12-31 | ₩4352.76 | ₩21600.00 | x |
| 2019-12-31 | ₩4348.28 | ₩21600.00 | x |
| 2020-12-31 | ₩3312.80 | ₩21600.00 | x |
| 2021-12-31 | ₩811.17 | ₩21600.00 | x |
| 2022-12-31 | ₩3223.42 | ₩21600.00 | x |
| 2023-12-31 | ₩913.66 | ₩21600.00 | x |
| 2024-12-31 | ₩4156.15 | ₩21600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lotte Tour Dev 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): -36.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.73%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 6.84x
- Recent ROE (-36.81%) is above the historical average (-74.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -3.44% | -8.60% | 0.33x | 1.23x | ₩-15.17 Billion |
| 2014 | 0.68% | 1.83% | 0.29x | 1.28x | ₩-10.57 Billion |
| 2015 | -30.55% | -111.85% | 0.18x | 1.52x | ₩-66.32 Billion |
| 2016 | 0.93% | 3.04% | 0.14x | 2.20x | ₩-14.91 Billion |
| 2017 | 1.96% | 4.76% | 0.17x | 2.35x | ₩-13.73 Billion |
| 2018 | -38.24% | -142.58% | 0.15x | 1.79x | ₩-136.83 Billion |
| 2019 | -4.63% | -15.75% | 0.16x | 1.88x | ₩-44.06 Billion |
| 2020 | -35.70% | -488.54% | 0.01x | 5.22x | ₩-104.88 Billion |
| 2021 | -356.95% | -187.34% | 0.08x | 23.18x | ₩-206.20 Billion |
| 2022 | -95.54% | -122.34% | 0.10x | 7.66x | ₩-248.22 Billion |
| 2023 | -292.29% | -64.49% | 0.18x | 25.50x | ₩-209.14 Billion |
| 2024 | -36.81% | -24.73% | 0.22x | 6.84x | ₩-148.24 Billion |
Industry Comparison
This section compares Lotte Tour Dev's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $1,097,154,743,262
- Average return on equity (ROE) among peers: 12.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lotte Tour Dev (032350) | ₩332.83 Billion | -3.44% | 5.55x | $709.98 Million |
| Paradise Co. Ltd (034230) | $332.11 Billion | 13.25% | 0.59x | $549.25 Million |
| Kangwon Land (035250) | $3.25 Trillion | -0.32% | 0.18x | $1.39 Billion |
| Yong Pyong Resort Corp (070960) | $408.18 Billion | 4.15% | 1.13x | $53.07 Million |
| Grand Korea Leisure Co. Ltd (114090) | $395.54 Billion | 34.78% | 0.42x | $252.74 Million |