LG Display (034220) - Net Assets
Based on the latest financial reports, LG Display (034220) has net assets worth ₩7.92 Trillion KRW (≈ $5.36 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩28.71 Trillion ≈ $19.46 Billion USD) and total liabilities (₩20.80 Trillion ≈ $14.09 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 034220 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩7.92 Trillion |
| % of Total Assets | 27.57% |
| Annual Growth Rate | 1.69% |
| 5-Year Change | -36.62% |
| 10-Year Change | -36.46% |
| Growth Volatility | 13.82 |
LG Display - Net Assets Trend (2004–2024)
This chart illustrates how LG Display's net assets have evolved over time, based on quarterly financial data. Also explore 034220 total assets for the complete picture of this company's asset base.
Annual Net Assets for LG Display (2004–2024)
The table below shows the annual net assets of LG Display from 2004 to 2024. For live valuation and market cap data, see market value of LG Display.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩8.07 Trillion ≈ $5.47 Billion |
-7.96% |
| 2023-12-31 | ₩8.77 Trillion ≈ $5.94 Billion |
-22.52% |
| 2022-12-31 | ₩11.32 Trillion ≈ $7.67 Billion |
-23.32% |
| 2021-12-31 | ₩14.76 Trillion ≈ $10.00 Billion |
+15.90% |
| 2020-12-31 | ₩12.74 Trillion ≈ $8.63 Billion |
+1.99% |
| 2019-12-31 | ₩12.49 Trillion ≈ $8.46 Billion |
-16.11% |
| 2018-12-31 | ₩14.89 Trillion ≈ $10.09 Billion |
-0.64% |
| 2017-12-31 | ₩14.98 Trillion ≈ $10.15 Billion |
+11.28% |
| 2016-12-31 | ₩13.46 Trillion ≈ $9.12 Billion |
+5.96% |
| 2015-12-31 | ₩12.70 Trillion ≈ $8.61 Billion |
+7.82% |
| 2014-12-31 | ₩11.78 Trillion ≈ $7.99 Billion |
+9.13% |
| 2013-12-31 | ₩10.80 Trillion ≈ $7.32 Billion |
+5.44% |
| 2012-12-31 | ₩10.24 Trillion ≈ $6.94 Billion |
+1.08% |
| 2011-12-31 | ₩10.13 Trillion ≈ $6.87 Billion |
-8.41% |
| 2010-12-31 | ₩11.06 Trillion ≈ $7.50 Billion |
+8.27% |
| 2009-12-31 | ₩10.22 Trillion ≈ $6.92 Billion |
+9.98% |
| 2008-12-31 | ₩9.29 Trillion ≈ $6.29 Billion |
+12.05% |
| 2007-12-31 | ₩8.29 Trillion ≈ $5.62 Billion |
+20.32% |
| 2006-12-31 | ₩6.89 Trillion ≈ $4.67 Billion |
-10.24% |
| 2005-12-31 | ₩7.68 Trillion ≈ $5.20 Billion |
+32.97% |
| 2004-12-31 | ₩5.77 Trillion ≈ $3.91 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to LG Display'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 1851200000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩6.56 Trillion | 100.28% |
| Total Equity | ₩6.54 Trillion | 100.00% |
LG Display Competitors by Market Cap
The table below lists competitors of LG Display ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
L&T Technology Services Limited
NSE:LTTS
|
$4.16 Billion |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
$4.16 Billion |
|
Science Applications International Corporation Common Stock
NYSE:SAIC
|
$4.16 Billion |
|
Shenzhen Fortune Trend Technology Co Ltd
SHG:688318
|
$4.16 Billion |
|
Valvoline Inc
NYSE:VVV
|
$4.15 Billion |
|
Youngy Co Ltd
SHE:002192
|
$4.15 Billion |
|
Gentera S.A.B. de C.V
MX:GENTERA
|
$4.15 Billion |
|
Crescent Energy Co
NYSE:CRGY
|
$4.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LG Display's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,232,182,000,000 to 6,542,261,000,000, a change of -689,921,000,000 (-9.5%).
- Net loss of 2,562,606,000,000 reduced equity.
- New share issuances of 1,292,455,000,000 increased equity.
- Other factors increased equity by 580,230,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.56 Trillion | -39.17% |
| Share Issuances | ₩1.29 Trillion | +19.76% |
| Other Changes | ₩580.23 Billion | +8.87% |
| Total Change | ₩- | -9.54% |
Book Value vs Market Value Analysis
This analysis compares LG Display'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: 0.94x
- 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 increased from 0.31x to 0.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩40170.07 | ₩12260.00 | x |
| 2018-12-31 | ₩39068.13 | ₩12260.00 | x |
| 2019-12-31 | ₩31693.64 | ₩12260.00 | x |
| 2020-12-31 | ₩32388.57 | ₩12260.00 | x |
| 2021-12-31 | ₩36663.72 | ₩12260.00 | x |
| 2022-12-31 | ₩27610.83 | ₩12260.00 | x |
| 2023-12-31 | ₩18562.05 | ₩12260.00 | x |
| 2024-12-31 | ₩13084.52 | ₩12260.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LG Display 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): -39.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.63%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 5.02x
- Recent ROE (-39.17%) is below the historical average (-0.00%), 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 | 28.68% | 19.88% | 0.80x | 1.79x | ₩1.08 Trillion |
| 2005 | 6.74% | 5.13% | 0.74x | 1.78x | ₩-250.55 Billion |
| 2007 | 16.21% | 9.36% | 1.04x | 1.66x | ₩515.09 Billion |
| 2008 | 11.72% | 6.68% | 0.94x | 1.87x | ₩159.29 Billion |
| 2009 | 10.50% | 5.15% | 1.06x | 1.93x | ₩50.49 Billion |
| 2010 | 10.48% | 4.53% | 1.07x | 2.16x | ₩52.74 Billion |
| 2012 | 2.28% | 0.79% | 1.20x | 2.40x | ₩-787.78 Billion |
| 2013 | 4.02% | 1.58% | 1.24x | 2.05x | ₩-635.00 Billion |
| 2014 | 7.91% | 3.42% | 1.15x | 2.01x | ₩-238.87 Billion |
| 2015 | 7.93% | 3.41% | 1.26x | 1.85x | ₩-252.74 Billion |
| 2016 | 7.00% | 3.42% | 1.07x | 1.92x | ₩-388.89 Billion |
| 2017 | 12.54% | 6.49% | 0.95x | 2.03x | ₩365.41 Billion |
| 2018 | -1.48% | -0.85% | 0.73x | 2.37x | ₩-1.61 Trillion |
| 2019 | -24.95% | -12.05% | 0.66x | 3.14x | ₩-3.96 Trillion |
| 2020 | -0.61% | -0.29% | 0.69x | 3.03x | ₩-1.23 Trillion |
| 2021 | 9.04% | 3.97% | 0.78x | 2.91x | ₩-125.70 Billion |
| 2022 | -31.09% | -11.75% | 0.73x | 3.61x | ₩-4.06 Trillion |
| 2023 | -37.80% | -12.82% | 0.60x | 4.94x | ₩-3.46 Trillion |
| 2024 | -39.17% | -9.63% | 0.81x | 5.02x | ₩-3.22 Trillion |
Industry Comparison
This section compares LG Display's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $56,778,673,209,507
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Display (034220) | ₩7.92 Trillion | 28.68% | 2.63x | $4.15 Billion |
| LG Corp (003550) | $26.23 Trillion | 7.55% | 0.13x | $10.15 Billion |
| LG Corp Preferred (003555) | $21.94 Trillion | 11.69% | 0.17x | $145.50 Million |
| Nam Sung (004270) | $63.89 Billion | 4.53% | 1.81x | $15.98 Million |
| Samsung Electronics Co Ltd (005930) | $214.49 Trillion | 19.28% | 0.41x | $878.16 Billion |
| Samsung Electronics Co Pref (005935) | $247.75 Trillion | 17.72% | 0.37x | $86.82 Billion |
| Anam Electroni (008700) | $106.56 Billion | 6.63% | 0.99x | $78.03 Million |
| Paseco Co. Ltd (037070) | $82.92 Billion | -20.23% | 0.45x | $132.37 Million |
| Winix Inc (044340) | $198.79 Billion | 10.05% | 1.04x | $57.63 Million |
| Intops Co. Ltd (049070) | $136.88 Billion | 27.31% | 0.53x | $199.80 Million |
About LG Display
LG Display Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light-emitting diode (OLED) technology-based display panels in Korea, China, rest of Asia, the Americas, Poland, and rest of Europe. The company offers its products primarily used in televisions, notebook computers, desktop monitors, tablet… Read more