LG Chem Ltd (051915) - Net Assets
Based on the latest financial reports, LG Chem Ltd (051915) 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. Also explore 051915 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩46.23 Trillion |
| % of Total Assets | 46.94% |
| Annual Growth Rate | 14.62% |
| 5-Year Change | 155.42% |
| 10-Year Change | 266.28% |
| Growth Volatility | 45.1 |
LG Chem Ltd - Net Assets Trend (2014–2024)
This chart illustrates how LG Chem Ltd's net assets have evolved over time, based on quarterly financial data. Check LG Chem Ltd (051915) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for LG Chem Ltd (2014–2024)
The table below shows the annual net assets of LG Chem Ltd from 2014 to 2024. For live valuation and market cap data, see how much is LG Chem Ltd worth.
| 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 |
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Equity Component Analysis
This analysis shows how different components contribute to LG Chem Ltd'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 73.9% 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 Chem Ltd Competitors by Market Cap
The table below lists competitors of LG Chem Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrovietnam Camau Fertilizer
VN:DCM
|
$617.50 Million |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
$617.55 Million |
|
Waga Energy SA
PA:WAGA
|
$617.73 Million |
|
Shenzhen Sea Star Technology
SHE:002137
|
$617.75 Million |
|
UWM Holdings Corp
NYSE:UWMC
|
$617.39 Million |
|
NV Nederlandsche Apparatenfabriek Nedap
AS:NEDAP
|
$617.34 Million |
|
Zhejiang Jiaao Enprotech
SHG:603822
|
$617.30 Million |
|
GHT Co Ltd Class A
SHE:300711
|
$617.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LG Chem Ltd'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 Chem Ltd'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: 0.25x
- 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 0.51x to 0.25x 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 | ₩118600.00 | x |
| 2018-12-31 | ₩247796.09 | ₩118600.00 | x |
| 2019-12-31 | ₩246663.70 | ₩118600.00 | x |
| 2020-12-31 | ₩257233.19 | ₩118600.00 | x |
| 2021-12-31 | ₩308945.84 | ₩118600.00 | x |
| 2022-12-31 | ₩447855.54 | ₩118600.00 | x |
| 2023-12-31 | ₩289057.02 | ₩118600.00 | x |
| 2024-12-31 | ₩471498.45 | ₩118600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LG Chem Ltd 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 (7.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.15% | 3.84% | 1.25x | 1.49x | ₩-346.07 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 Chem Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,031,089,613,672
- Average return on equity (ROE) among peers: 10.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Chem Ltd (051915) | ₩46.23 Trillion | 7.15% | 1.13x | $617.49 Million |
| Rifa Ind (000760) | $172.89 Billion | 5.54% | 0.32x | $26.00 Million |
| Kumyang (001570) | $41.52 Billion | 1.96% | 1.56x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $104.09 Billion | 17.21% | 0.20x | $14.52 Million |
| KCC Corporation (002380) | $5.38 Trillion | -0.85% | 1.40x | $1.93 Billion |
| Miwon Commerci (002840) | $377.97 Billion | 16.14% | 0.18x | $382.18 Million |
| Taekwang Ind (003240) | $1.84 Trillion | 18.66% | 0.39x | $488.80 Million |
| Lotte Fine Chemical Co Ltd (004000) | $1.16 Trillion | 8.07% | 0.45x | $770.69 Million |
| Dongjin Semichem Co. Ltd (005290) | $302.09 Billion | 15.79% | 1.52x | $1.36 Billion |
| Isu Chemical Co Ltd (005950) | $381.26 Billion | -1.93% | 1.80x | $215.55 Million |
| Korea Petro Chemical Ind (006650) | $555.28 Billion | 21.76% | 0.70x | $357.86 Million |
About LG Chem Ltd
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