Lotte Tour Dev (032350) - Net Assets
Based on the latest financial reports, Lotte Tour Dev (032350) has net assets worth ₩368.22 Billion KRW (≈ $249.54 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 (₩2.17 Trillion ≈ $1.47 Billion USD) and total liabilities (₩1.80 Trillion ≈ $1.22 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. Also explore 032350 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩368.22 Billion |
| % of Total Assets | 16.99% |
| Annual Growth Rate | 10.59% |
| 5-Year Change | 598.88% |
| 10-Year Change | 121.63% |
| Growth Volatility | 133.62 |
Lotte Tour Dev - Net Assets Trend (2011–2025)
This chart illustrates how Lotte Tour Dev's net assets have evolved over time, based on quarterly financial data. Check how tangible is Lotte Tour Dev's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Lotte Tour Dev (2011–2025)
The table below shows the annual net assets of Lotte Tour Dev from 2011 to 2025. For live valuation and market cap data, see 032350 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩368.22 Billion ≈ $249.54 Million |
+17.62% |
| 2024-12-31 | ₩313.06 Billion ≈ $212.16 Million |
+377.52% |
| 2023-12-31 | ₩65.56 Billion ≈ $44.43 Million |
-71.70% |
| 2022-12-31 | ₩231.69 Billion ≈ $157.01 Million |
+339.74% |
| 2021-12-31 | ₩52.69 Billion ≈ $35.71 Million |
-76.70% |
| 2020-12-31 | ₩226.10 Billion ≈ $153.23 Million |
-24.22% |
| 2019-12-31 | ₩298.38 Billion ≈ $202.21 Million |
+6.20% |
| 2018-12-31 | ₩280.95 Billion ≈ $190.40 Million |
+62.90% |
| 2017-12-31 | ₩172.46 Billion ≈ $116.88 Million |
+3.81% |
| 2016-12-31 | ₩166.14 Billion ≈ $112.59 Million |
+0.55% |
| 2015-12-31 | ₩165.23 Billion ≈ $111.97 Million |
+43.56% |
| 2014-12-31 | ₩115.09 Billion ≈ $77.99 Million |
+0.53% |
| 2013-12-31 | ₩114.49 Billion ≈ $77.59 Million |
+114.54% |
| 2012-12-31 | ₩53.37 Billion ≈ $36.16 Million |
-40.69% |
| 2011-12-31 | ₩89.97 Billion ≈ $60.97 Million |
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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 106530811501000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩1.44 Trillion | 386.36% |
| Total Equity | ₩372.02 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 |
|---|---|
|
Stx Engine
KO:077970
|
$626.99 Million |
|
Mako Mining Corp
V:MKO
|
$627.09 Million |
|
New East New Materials Co Ltd
SHG:603110
|
$627.20 Million |
|
Lungyen Life Service
TWO:5530
|
$627.34 Million |
|
HomeTrust Bancshares, Inc.
NASDAQ:HTB
|
$626.83 Million |
|
QITIAN Technology Group Co Ltd
SHE:300061
|
$626.80 Million |
|
Total Energy Services Inc.
TO:TOT
|
$626.74 Million |
|
Klaveness Combination Carriers ASA
OL:KCC
|
$626.69 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 2024 to 2025, total equity changed from 316,682,433,510 to 372,015,011,920, a change of 55,332,578,410 (17.5%).
- Net income of 27,764,866,260 contributed positively to equity growth.
- Other factors increased equity by 27,567,712,150.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩27.76 Billion | +7.46% |
| Other Changes | ₩27.57 Billion | +7.41% |
| Total Change | ₩- | 17.47% |
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: 2.48x
- 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 3.40x to 2.48x 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 | ₩11620.00 | x |
| 2018-12-31 | ₩4352.76 | ₩11620.00 | x |
| 2019-12-31 | ₩4348.28 | ₩11620.00 | x |
| 2020-12-31 | ₩3312.80 | ₩11620.00 | x |
| 2021-12-31 | ₩811.17 | ₩11620.00 | x |
| 2022-12-31 | ₩3223.42 | ₩11620.00 | x |
| 2023-12-31 | ₩913.66 | ₩11620.00 | x |
| 2024-12-31 | ₩4156.15 | ₩11620.00 | x |
| 2025-12-31 | ₩4677.11 | ₩11620.00 | 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): 7.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.25%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 5.83x
- Recent ROE (7.46%) is above the historical average (-67.93%), 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 |
| 2025 | 7.46% | 4.25% | 0.30x | 5.83x | ₩-9.44 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: $1,181,989,803,245
- Average return on equity (ROE) among peers: 11.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lotte Tour Dev (032350) | ₩368.22 Billion | -3.44% | 4.89x | $626.84 Million |
| Paradise Co. Ltd (034230) | $308.90 Billion | 14.18% | 0.72x | $1.04 Billion |
| Kangwon Land (035250) | $3.50 Trillion | 12.50% | 0.20x | $2.00 Billion |
| Yong Pyong Resort Corp (070960) | $385.77 Billion | 2.59% | 1.60x | $67.96 Million |
| Grand Korea Leisure Co. Ltd (114090) | $532.05 Billion | 15.14% | 0.38x | $393.20 Million |
About 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.