LG Uplus (032640) - Net Assets
Based on the latest financial reports, LG Uplus (032640) has net assets worth ₩9.07 Trillion KRW (≈ $6.14 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩19.68 Trillion ≈ $13.34 Billion USD) and total liabilities (₩10.61 Trillion ≈ $7.19 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. Check 032640 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩9.07 Trillion |
| % of Total Assets | 46.07% |
| Annual Growth Rate | 5.7% |
| 5-Year Change | 13.93% |
| 10-Year Change | 87.88% |
| Growth Volatility | 7.5 |
LG Uplus - Net Assets Trend (2010–2025)
This chart illustrates how LG Uplus's net assets have evolved over time, based on quarterly financial data. Also explore 032640 total asset value for the complete picture of this company's asset base.
Annual Net Assets for LG Uplus (2010–2025)
The table below shows the annual net assets of LG Uplus from 2010 to 2025. For live valuation and market cap data, see LG Uplus market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩9.07 Trillion ≈ $6.14 Billion |
+3.41% |
| 2024-12-31 | ₩8.77 Trillion ≈ $5.94 Billion |
+0.13% |
| 2023-12-31 | ₩8.76 Trillion ≈ $5.93 Billion |
+3.63% |
| 2022-12-31 | ₩8.45 Trillion ≈ $5.73 Billion |
+6.17% |
| 2021-12-31 | ₩7.96 Trillion ≈ $5.39 Billion |
+4.02% |
| 2020-12-31 | ₩7.65 Trillion ≈ $5.19 Billion |
+4.10% |
| 2019-12-31 | ₩7.35 Trillion ≈ $4.98 Billion |
+7.24% |
| 2018-12-31 | ₩6.85 Trillion ≈ $4.64 Billion |
+30.96% |
| 2017-12-31 | ₩5.23 Trillion ≈ $3.55 Billion |
+8.43% |
| 2016-12-31 | ₩4.83 Trillion ≈ $3.27 Billion |
+8.50% |
| 2015-12-31 | ₩4.45 Trillion ≈ $3.01 Billion |
+6.48% |
| 2014-12-31 | ₩4.18 Trillion ≈ $2.83 Billion |
+3.86% |
| 2013-12-31 | ₩4.02 Trillion ≈ $2.73 Billion |
+7.31% |
| 2012-12-31 | ₩3.75 Trillion ≈ $2.54 Billion |
-2.87% |
| 2011-12-31 | ₩3.86 Trillion ≈ $2.62 Billion |
-2.26% |
| 2010-12-31 | ₩3.95 Trillion ≈ $2.68 Billion |
-- |
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 277.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.47 Trillion | 61.74% |
| Other Components | ₩3.39 Trillion | 38.26% |
| Total Equity | ₩8.87 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 |
|---|---|
|
Ternium SA DRC
BA:TXR
|
$4.67 Billion |
|
Indian Railway Catering And Tourism Corporation Limited
NSE:IRCTC
|
$4.67 Billion |
|
Doosan Bobcat Inc
KO:241560
|
$4.67 Billion |
|
Meritage Corporation
NYSE:MTH
|
$4.67 Billion |
|
Frontdoor Inc
NASDAQ:FTDR
|
$4.67 Billion |
|
Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd
SHG:600332
|
$4.66 Billion |
|
OCI Co Ltd
KO:010060
|
$4.66 Billion |
|
OSI Systems Inc
NASDAQ:OSIS
|
$4.65 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 2024 to 2025, total equity changed from 8,556,021,000,000 to 8,866,858,000,000, a change of 310,837,000,000 (3.6%).
- Net income of 523,866,000,000 contributed positively to equity growth.
- Dividend payments of 279,388,000,000 reduced retained earnings.
- Share repurchases of 60,527,000,000 reduced equity.
- Other factors increased equity by 126,886,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩523.87 Billion | +5.91% |
| Dividends Paid | ₩279.39 Billion | -3.15% |
| Share Repurchases | ₩60.53 Billion | -0.68% |
| Other Changes | ₩126.89 Billion | +1.43% |
| Total Change | ₩- | 3.63% |
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: 0.78x
- 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 0.78x 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 | ₩15840.00 | x |
| 2018-12-31 | ₩15696.41 | ₩15840.00 | x |
| 2019-12-31 | ₩16217.77 | ₩15840.00 | x |
| 2020-12-31 | ₩16891.14 | ₩15840.00 | x |
| 2021-12-31 | ₩17828.29 | ₩15840.00 | x |
| 2022-12-31 | ₩18996.27 | ₩15840.00 | x |
| 2023-12-31 | ₩19710.66 | ₩15840.00 | x |
| 2024-12-31 | ₩19905.67 | ₩15840.00 | x |
| 2025-12-31 | ₩20392.63 | ₩15840.00 | 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): 5.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.39%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.22x
- Recent ROE (5.91%) is below the historical average (7.48%), 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 |
| 2025 | 5.91% | 3.39% | 0.79x | 2.22x | ₩-362.82 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: $2,577,567,279,196
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Uplus (032640) | ₩9.07 Trillion | 14.44% | 1.17x | $4.67 Billion |
| Inscobee (006490) | $36.22 Billion | 7.05% | 0.91x | $38.95 Million |
| SK Telecom Co Ltd (017670) | $6.09 Trillion | 15.92% | 0.81x | $13.73 Billion |
| KT Corporation (030200) | $11.50 Trillion | 10.16% | 1.41x | $9.95 Billion |
| KTIS Corporation (058860) | $168.27 Billion | 5.47% | 0.85x | $59.66 Million |
| Wiable Corp (065530) | $70.95 Billion | 4.24% | 1.05x | $67.43 Million |
| Uangel (072130) | $69.46 Billion | 0.00% | 0.17x | $43.81 Million |
| Telcoware (078000) | $107.84 Billion | 4.92% | 0.10x | $59.14 Million |
About LG Uplus
LG Uplus Corp. provides various telecommunication services in South Korea. It operates through LG U+ and LG Hello Vision segments. The company offers personal mobile communication, voice, and data services; and wired communication services, including international and long-distance calls, internet, and other value-added communication services. It also provides ixi-O, an AI call service; U+ one, a… Read more