LG Chemicals
LG Chem, Ltd., together with its subsidiaries, engages in the petrochemicals, energy, advanced materials, and life science businesses in Korea, China, Asia/Oceania, the United States, Europe, and internationally. It provides acrylonitrile and methacrylate butadiene styrene, acrylonitrile styrene acrylate, acrylate, aerogel, alcohol, anode binder, bisphenol a, butadiene rubber, carbon nanotubes, c… Read more
LG Chemicals (051910) - Net Assets
Latest net assets as of September 2025: ₩46.23 Trillion KRW
Based on the latest financial reports, LG Chemicals (051910) has net assets worth ₩46.23 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 (₩98.48 Trillion) and total liabilities (₩52.25 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 | ₩46.23 Trillion |
| % of Total Assets | 46.94% |
| Annual Growth Rate | 16.98% |
| 5-Year Change | 155.42% |
| 10-Year Change | 266.28% |
| Growth Volatility | 30.77 |
LG Chemicals - Net Assets Trend (2001–2024)
This chart illustrates how LG Chemicals'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 Chemicals (2001–2024)
The table below shows the annual net assets of LG Chemicals from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩48.00 Trillion | +135.21% |
| 2023-12-31 | ₩20.41 Trillion | -45.56% |
| 2022-12-31 | ₩37.48 Trillion | +61.49% |
| 2021-12-31 | ₩23.21 Trillion | +23.52% |
| 2020-12-31 | ₩18.79 Trillion | +8.09% |
| 2019-12-31 | ₩17.38 Trillion | +0.36% |
| 2018-12-31 | ₩17.32 Trillion | +6.02% |
| 2017-12-31 | ₩16.34 Trillion | +16.28% |
| 2016-12-31 | ₩14.05 Trillion | +7.23% |
| 2015-12-31 | ₩13.10 Trillion | +6.83% |
| 2014-12-31 | ₩12.27 Trillion | +4.61% |
| 2013-12-31 | ₩11.73 Trillion | +8.92% |
| 2012-12-31 | ₩10.77 Trillion | +10.90% |
| 2011-12-31 | ₩9.71 Trillion | +23.76% |
| 2010-12-31 | ₩7.84 Trillion | +38.63% |
| 2009-12-31 | ₩5.66 Trillion | +11.98% |
| 2008-12-31 | ₩5.05 Trillion | +24.94% |
| 2007-12-31 | ₩4.04 Trillion | +23.38% |
| 2006-12-31 | ₩3.28 Trillion | +6.78% |
| 2005-12-31 | ₩3.07 Trillion | +13.64% |
| 2004-12-31 | ₩2.70 Trillion | +21.84% |
| 2003-12-31 | ₩2.22 Trillion | +25.12% |
| 2002-12-31 | ₩1.77 Trillion | +36.09% |
| 2001-12-31 | ₩1.30 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LG Chemicals'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 27004.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩18.59 Trillion | 55.86% |
| Other Components | ₩14.69 Trillion | 44.14% |
| Total Equity | ₩33.28 Trillion | 100.00% |
LG Chemicals Competitors by Market Cap
The table below lists competitors of LG Chemicals ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unum Group
NYSE:UNM
|
$11.27 Billion |
|
WEG S.A
SA:WEGE3
|
$11.28 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
F:SAJA
|
$11.28 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
$11.30 Billion |
|
Dino Polska S.A.
PINK:DNOPF
|
$11.25 Billion |
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
$11.25 Billion |
|
Essential Utilities Inc
NYSE:WTRG
|
$11.25 Billion |
|
Olympus Corporation
PINK:OLYMY
|
$11.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LG Chemicals's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,405,212,000,000 to 33,284,180,000,000, a change of 12,878,968,000,000 (63.1%).
- Net loss of 690,854,000,000 reduced equity.
- Dividend payments of 367,300,000,000 reduced retained earnings.
- Other factors increased equity by 13,937,122,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-690.85 Billion | -2.08% |
| Dividends Paid | ₩367.30 Billion | -1.1% |
| Other Changes | ₩13.94 Trillion | +41.87% |
| Total Change | ₩- | 63.12% |
Book Value vs Market Value Analysis
This analysis compares LG Chemicals'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: 0.65x
- 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 1.31x to 0.65x 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 | ₩234530.67 | ₩307500.00 | x |
| 2018-12-31 | ₩247796.09 | ₩307500.00 | x |
| 2019-12-31 | ₩246663.70 | ₩307500.00 | x |
| 2020-12-31 | ₩257233.19 | ₩307500.00 | x |
| 2021-12-31 | ₩308945.84 | ₩307500.00 | x |
| 2022-12-31 | ₩447855.54 | ₩307500.00 | x |
| 2023-12-31 | ₩289057.02 | ₩307500.00 | x |
| 2024-12-31 | ₩471498.45 | ₩307500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LG Chemicals 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): -2.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.41%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.82x
- Recent ROE (-2.08%) is below the historical average (12.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 9.24% | 2.92% | 1.01x | 3.14x | ₩-9.66 Billion |
| 2002 | 22.76% | 5.10% | 1.41x | 3.16x | ₩186.22 Billion |
| 2003 | 19.09% | 5.03% | 1.18x | 3.21x | ₩165.24 Billion |
| 2004 | 21.59% | 5.38% | 1.28x | 3.14x | ₩254.59 Billion |
| 2005 | 14.54% | 3.28% | 1.48x | 2.99x | ₩110.52 Billion |
| 2006 | 10.92% | 2.49% | 1.50x | 2.92x | ₩24.01 Billion |
| 2007 | 15.73% | 4.51% | 1.58x | 2.20x | ₩222.28 Billion |
| 2008 | 18.37% | 6.17% | 1.50x | 1.99x | ₩409.14 Billion |
| 2009 | 24.63% | 8.57% | 1.58x | 1.82x | ₩802.11 Billion |
| 2010 | 27.62% | 10.93% | 1.54x | 1.65x | ₩1.36 Trillion |
| 2011 | 20.05% | 8.45% | 1.48x | 1.60x | ₩960.60 Billion |
| 2012 | 12.60% | 5.76% | 1.40x | 1.56x | ₩276.28 Billion |
| 2013 | 9.78% | 4.90% | 1.33x | 1.50x | ₩-25.31 Billion |
| 2014 | 6.41% | 3.44% | 1.25x | 1.49x | ₩-436.39 Billion |
| 2015 | 8.90% | 5.71% | 1.09x | 1.43x | ₩-142.35 Billion |
| 2016 | 9.19% | 6.20% | 1.01x | 1.47x | ₩-112.61 Billion |
| 2017 | 12.03% | 7.57% | 1.03x | 1.55x | ₩328.43 Billion |
| 2018 | 8.62% | 5.23% | 0.97x | 1.69x | ₩-235.70 Billion |
| 2019 | 1.84% | 1.09% | 0.84x | 2.00x | ₩-1.39 Trillion |
| 2020 | 2.84% | 1.70% | 0.73x | 2.29x | ₩-1.29 Trillion |
| 2021 | 16.92% | 8.60% | 0.83x | 2.36x | ₩1.50 Trillion |
| 2022 | 5.87% | 3.56% | 0.76x | 2.16x | ₩-1.30 Trillion |
| 2023 | 6.56% | 2.42% | 1.62x | 1.67x | ₩-702.71 Billion |
| 2024 | -2.08% | -1.41% | 0.52x | 2.82x | ₩-4.02 Trillion |
Industry Comparison
This section compares LG Chemicals's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Chemicals (051910) | ₩46.23 Trillion | 9.24% | 1.13x | $11.26 Billion |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |