LG Chemicals (051910) - Net Assets

Latest as of September 2025: ₩46.23 Trillion KRW ≈ $31.33 Billion USD

Based on the latest financial reports, LG Chemicals (051910) has net assets worth ₩46.23 Trillion KRW (≈ $31.33 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 (₩98.48 Trillion ≈ $66.74 Billion USD) and total liabilities (₩52.25 Trillion ≈ $35.41 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 LG Chemicals asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore LG Chemicals asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for LG Chemicals (2001–2024)

The table below shows the annual net assets of LG Chemicals from 2001 to 2024. For live valuation and market cap data, see 051910 market cap overview.

Year	Net Assets	Change
2024-12-31	₩48.00 Trillion ≈ $32.53 Billion	+135.21%
2023-12-31	₩20.41 Trillion ≈ $13.83 Billion	-45.56%
2022-12-31	₩37.48 Trillion ≈ $25.40 Billion	+61.49%
2021-12-31	₩23.21 Trillion ≈ $15.73 Billion	+23.52%
2020-12-31	₩18.79 Trillion ≈ $12.73 Billion	+8.09%
2019-12-31	₩17.38 Trillion ≈ $11.78 Billion	+0.36%
2018-12-31	₩17.32 Trillion ≈ $11.74 Billion	+6.02%
2017-12-31	₩16.34 Trillion ≈ $11.07 Billion	+16.28%
2016-12-31	₩14.05 Trillion ≈ $9.52 Billion	+7.23%
2015-12-31	₩13.10 Trillion ≈ $8.88 Billion	+6.83%
2014-12-31	₩12.27 Trillion ≈ $8.31 Billion	+4.61%
2013-12-31	₩11.73 Trillion ≈ $7.95 Billion	+8.92%
2012-12-31	₩10.77 Trillion ≈ $7.30 Billion	+10.90%
2011-12-31	₩9.71 Trillion ≈ $6.58 Billion	+23.76%
2010-12-31	₩7.84 Trillion ≈ $5.32 Billion	+38.63%
2009-12-31	₩5.66 Trillion ≈ $3.83 Billion	+11.98%
2008-12-31	₩5.05 Trillion ≈ $3.42 Billion	+24.94%
2007-12-31	₩4.04 Trillion ≈ $2.74 Billion	+23.38%
2006-12-31	₩3.28 Trillion ≈ $2.22 Billion	+6.78%
2005-12-31	₩3.07 Trillion ≈ $2.08 Billion	+13.64%
2004-12-31	₩2.70 Trillion ≈ $1.83 Billion	+21.84%
2003-12-31	₩2.22 Trillion ≈ $1.50 Billion	+25.12%
2002-12-31	₩1.77 Trillion ≈ $1.20 Billion	+36.09%
2001-12-31	₩1.30 Trillion ≈ $882.37 Million	--

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
Evergy, Inc. NASDAQ:EVRG	$19.02 Billion
Alliant Energy Corp NASDAQ:LNT	$19.04 Billion
Southwest Airlines Company NYSE:LUV	$19.04 Billion
Banco de Chile SN:CHILE	$19.06 Billion
Centrais Electricas Brasileiras SA NYSE:EBR	$18.99 Billion
Joint Stock Commercial Bank for Foreign Trade of Vietnam VN:VCB	$18.98 Billion
Repsol S.A. MC:REP	$18.96 Billion
Korea Electric Power Corp KO:015760	$18.95 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: 0.84x
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 1.69x to 0.84x 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	₩397000.00	x
2018-12-31	₩247796.09	₩397000.00	x
2019-12-31	₩246663.70	₩397000.00	x
2020-12-31	₩257233.19	₩397000.00	x
2021-12-31	₩308945.84	₩397000.00	x
2022-12-31	₩447855.54	₩397000.00	x
2023-12-31	₩289057.02	₩397000.00	x
2024-12-31	₩471498.45	₩397000.00	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: $1,458,547,453,481
Average return on equity (ROE) among peers: 9.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
LG Chemicals (051910)	₩46.23 Trillion	9.24%	1.13x	$18.99 Billion
Rifa Ind (000760)	$188.26 Billion	0.14%	0.48x	$29.96 Million
Kumyang (001570)	$117.41 Billion	11.36%	1.68x	$428.33 Million
Sh E & Chemical Co. Ltd. (002360)	$104.09 Billion	17.21%	0.20x	$26.35 Million
KCC Corporation (002380)	$7.82 Trillion	19.66%	1.15x	$2.77 Billion
Miwon Commerci (002840)	$76.90 Billion	13.31%	0.59x	$473.99 Million
Taekwang Ind (003240)	$2.95 Trillion	2.54%	0.30x	$570.36 Million
Lotte Fine Chemical Co Ltd (004000)	$1.49 Trillion	11.28%	0.20x	$1.20 Billion
Dongjin Semichem Co. Ltd (005290)	$164.28 Billion	12.04%	2.99x	$1.97 Billion
Isu Chemical Co Ltd (005950)	$373.77 Billion	-15.59%	1.93x	$193.47 Million
Korea Petro Chemical Ind (006650)	$1.29 Trillion	21.05%	0.36x	$757.99 Million

About LG Chemicals

KO:051910 Korea Chemicals

Market Cap

$18.99 Billion

₩28.03 Trillion KRW

Market Cap Rank

#1328 Global

#29 in Korea

Share Price

₩397000.00

Change (1 day)

-2.58%

52-Week Range

₩182400.00 - ₩419500.00

All Time High

₩1000000.00