LG Uplus
LG Uplus Corp. provides various telecommunication services primarily in South Korea. It offers 5G and 4G mobile phones, SIM/eSIM, used and refurbished phones, laptops, smart watches, and accessories; mobile plans; and internet/IPTV products. The company also provides telemarketing, communication, and office support services; and engages in the MVNO, investment, cable TV, and communication constru… Read more
LG Uplus (032640) - Net Assets
Latest net assets as of September 2025: ₩8.95 Trillion KRW
Based on the latest financial reports, LG Uplus (032640) has net assets worth ₩8.95 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 (₩19.59 Trillion) and total liabilities (₩10.64 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 | ₩8.95 Trillion |
| % of Total Assets | 45.67% |
| Annual Growth Rate | 5.86% |
| 5-Year Change | 14.6% |
| 10-Year Change | 97.11% |
| Growth Volatility | 7.74 |
LG Uplus - Net Assets Trend (2010–2024)
This chart illustrates how LG Uplus'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 Uplus (2010–2024)
The table below shows the annual net assets of LG Uplus from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩8.77 Trillion | +0.13% |
| 2023-12-31 | ₩8.76 Trillion | +3.63% |
| 2022-12-31 | ₩8.45 Trillion | +6.17% |
| 2021-12-31 | ₩7.96 Trillion | +4.02% |
| 2020-12-31 | ₩7.65 Trillion | +4.10% |
| 2019-12-31 | ₩7.35 Trillion | +7.24% |
| 2018-12-31 | ₩6.85 Trillion | +30.96% |
| 2017-12-31 | ₩5.23 Trillion | +8.43% |
| 2016-12-31 | ₩4.83 Trillion | +8.50% |
| 2015-12-31 | ₩4.45 Trillion | +6.48% |
| 2014-12-31 | ₩4.18 Trillion | +3.86% |
| 2013-12-31 | ₩4.02 Trillion | +7.31% |
| 2012-12-31 | ₩3.75 Trillion | -2.87% |
| 2011-12-31 | ₩3.86 Trillion | -2.26% |
| 2010-12-31 | ₩3.95 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LG Uplus'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 258.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.20 Trillion | 60.82% |
| Other Components | ₩3.35 Trillion | 39.18% |
| Total Equity | ₩8.56 Trillion | 100.00% |
LG Uplus Competitors by Market Cap
The table below lists competitors of LG Uplus ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALMONTY INDUSTRIES CDIS/1
F:ALI0
|
$2.85 Billion |
|
Pony AI Inc. American Depositary Shares
NASDAQ:PONY
|
$2.85 Billion |
|
Geo-Jade Petroleum Corp
SHG:600759
|
$2.85 Billion |
|
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
|
$2.85 Billion |
|
Whirlpool Corporation
NYSE:WHR
|
$2.84 Billion |
|
PROMOTORA OPER (AKY.SG)
STU:AKY
|
$2.84 Billion |
|
Spyre Therapeutics Inc.
NASDAQ:SYRE
|
$2.84 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
$2.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LG Uplus's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,472,202,000,000 to 8,556,021,000,000, a change of 83,819,000,000 (1.0%).
- Net income of 374,464,000,000 contributed positively to equity growth.
- Dividend payments of 284,044,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩374.46 Billion | +4.38% |
| Dividends Paid | ₩284.04 Billion | -3.32% |
| Other Changes | ₩-6.60 Billion | -0.08% |
| Total Change | ₩- | 0.99% |
Book Value vs Market Value Analysis
This analysis compares LG Uplus'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: 0.79x
- 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 1.32x to 0.79x 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 | ₩11985.19 | ₩15800.00 | x |
| 2018-12-31 | ₩15696.41 | ₩15800.00 | x |
| 2019-12-31 | ₩16217.77 | ₩15800.00 | x |
| 2020-12-31 | ₩16891.14 | ₩15800.00 | x |
| 2021-12-31 | ₩17828.29 | ₩15800.00 | x |
| 2022-12-31 | ₩18996.27 | ₩15800.00 | x |
| 2023-12-31 | ₩19710.66 | ₩15800.00 | x |
| 2024-12-31 | ₩19905.67 | ₩15800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LG Uplus 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): 4.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.56%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.30x
- Recent ROE (4.38%) is below the historical average (7.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 14.44% | 6.70% | 1.00x | 2.16x | ₩175.22 Billion |
| 2011 | 2.19% | 0.92% | 0.83x | 2.86x | ₩-301.14 Billion |
| 2013 | 6.95% | 2.44% | 0.97x | 2.93x | ₩-122.63 Billion |
| 2014 | 5.46% | 2.07% | 0.92x | 2.88x | ₩-189.52 Billion |
| 2015 | 7.90% | 3.26% | 0.90x | 2.69x | ₩-93.35 Billion |
| 2016 | 10.21% | 4.30% | 0.96x | 2.48x | ₩10.16 Billion |
| 2017 | 10.46% | 4.46% | 1.03x | 2.28x | ₩23.95 Billion |
| 2018 | 7.03% | 3.97% | 0.87x | 2.03x | ₩-203.69 Billion |
| 2019 | 6.20% | 3.54% | 0.69x | 2.53x | ₩-269.23 Billion |
| 2020 | 6.33% | 3.48% | 0.73x | 2.49x | ₩-270.72 Billion |
| 2021 | 9.28% | 5.14% | 0.72x | 2.52x | ₩-54.98 Billion |
| 2022 | 8.12% | 4.77% | 0.70x | 2.42x | ₩-153.46 Billion |
| 2023 | 7.35% | 4.33% | 0.72x | 2.37x | ₩-224.45 Billion |
| 2024 | 4.38% | 2.56% | 0.74x | 2.30x | ₩-481.14 Billion |
Industry Comparison
This section compares LG Uplus's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,090,239,583,027
- Average return on equity (ROE) among peers: -10.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Uplus (032640) | ₩8.95 Trillion | 14.44% | 1.19x | $2.84 Billion |
| Inscobee (006490) | $25.70 Billion | -96.91% | 0.97x | $24.96 Million |
| SK Telecom Co Ltd (017670) | $6.09 Trillion | 15.92% | 0.81x | $8.01 Billion |
| KTIS Corporation (058860) | $191.74 Billion | 13.01% | 0.93x | $39.02 Million |
| Wiable Corp (065530) | $75.89 Billion | 3.94% | 0.83x | $23.18 Million |
| Uangel (072130) | $64.34 Billion | -5.51% | 0.13x | $30.45 Million |
| Telcoware (078000) | $89.22 Billion | 6.23% | 0.25x | $16.74 Million |