LIG Nex1 Co Ltd
LIG Nex1 Co., Ltd., a defense company, develops and manufactures weapon systems worldwide. It offers precision guided munitions; maritime warfare products; intelligence, surveillance, and reconnaissance products; command, control, communication, computer, and intelligence products; avionics and drones; electronic warfare products; and unmanned systems and future warfare products, as well as maint… Read more
LIG Nex1 Co Ltd (079550) - Net Assets
Latest net assets as of September 2025: ₩1.46 Trillion KRW
Based on the latest financial reports, LIG Nex1 Co Ltd (079550) has net assets worth ₩1.46 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 (₩7.36 Trillion) and total liabilities (₩5.90 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 | ₩1.46 Trillion |
| % of Total Assets | 19.81% |
| Annual Growth Rate | 13.2% |
| 5-Year Change | 84.0% |
| 10-Year Change | 114.43% |
| Growth Volatility | 17.44 |
LIG Nex1 Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how LIG Nex1 Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LIG Nex1 Co Ltd (2014–2024)
The table below shows the annual net assets of LIG Nex1 Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.24 Trillion | +17.59% |
| 2023-12-31 | ₩1.05 Trillion | +12.53% |
| 2022-12-31 | ₩935.18 Billion | +22.52% |
| 2021-12-31 | ₩763.30 Billion | +13.50% |
| 2020-12-31 | ₩672.51 Billion | +6.08% |
| 2019-12-31 | ₩633.97 Billion | -2.49% |
| 2018-12-31 | ₩650.13 Billion | +7.64% |
| 2017-12-31 | ₩603.98 Billion | -4.38% |
| 2016-12-31 | ₩631.65 Billion | +9.46% |
| 2015-12-31 | ₩577.08 Billion | +61.14% |
| 2014-12-31 | ₩358.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LIG Nex1 Co 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 251.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩907.14 Billion | 74.93% |
| Other Components | ₩303.54 Billion | 25.07% |
| Total Equity | ₩1.21 Trillion | 100.00% |
LIG Nex1 Co Ltd Competitors by Market Cap
The table below lists competitors of LIG Nex1 Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fannie Mae
LSE:0IL0
|
$6.68 Billion |
|
Clearwater Analytics Holdings Inc
NYSE:CWAN
|
$6.68 Billion |
|
Nexstar Broadcasting Group Inc
NASDAQ:NXST
|
$6.69 Billion |
|
Joint Stock Company Kaspi.kz
NASDAQ:KSPI
|
$6.69 Billion |
|
Ashok Leyland Limited
NSE:ASHOKLEY
|
$6.67 Billion |
|
Terex Corporation
NYSE:TEX
|
$6.66 Billion |
|
BILIBILI INC. DL -0001
F:71BB
|
$6.66 Billion |
|
Hang Lung Properties Ltd
PINK:HLPPY
|
$6.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LIG Nex1 Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,052,359,009,280 to 1,210,681,900,580, a change of 158,322,891,300 (15.0%).
- Net income of 221,711,612,920 contributed positively to equity growth.
- Dividend payments of 42,499,002,000 reduced retained earnings.
- Other factors decreased equity by 20,889,719,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩221.71 Billion | +18.31% |
| Dividends Paid | ₩42.50 Billion | -3.51% |
| Other Changes | ₩-20.89 Billion | -1.73% |
| Total Change | ₩- | 15.04% |
Book Value vs Market Value Analysis
This analysis compares LIG Nex1 Co 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: 13.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26.59x to 13.14x 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 | ₩27453.57 | ₩730000.00 | x |
| 2018-12-31 | ₩29551.52 | ₩730000.00 | x |
| 2019-12-31 | ₩28817.02 | ₩730000.00 | x |
| 2020-12-31 | ₩31034.09 | ₩730000.00 | x |
| 2021-12-31 | ₩35023.02 | ₩730000.00 | x |
| 2022-12-31 | ₩42909.22 | ₩730000.00 | x |
| 2023-12-31 | ₩48285.84 | ₩730000.00 | x |
| 2024-12-31 | ₩55550.24 | ₩730000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LIG Nex1 Co 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): 18.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.77%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 5.06x
- Recent ROE (18.31%) is above the historical average (10.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.12% | 3.61% | 0.86x | 4.54x | ₩14.74 Billion |
| 2015 | 14.39% | 4.36% | 1.09x | 3.04x | ₩25.31 Billion |
| 2016 | 12.20% | 4.14% | 1.04x | 2.84x | ₩13.89 Billion |
| 2017 | -1.43% | -0.49% | 0.88x | 3.32x | ₩-69.03 Billion |
| 2018 | 0.69% | 0.30% | 0.64x | 3.57x | ₩-60.56 Billion |
| 2019 | 0.50% | 0.22% | 0.63x | 3.66x | ₩-60.21 Billion |
| 2020 | 8.61% | 3.62% | 0.62x | 3.86x | ₩-9.37 Billion |
| 2021 | 13.76% | 5.77% | 0.71x | 3.38x | ₩28.73 Billion |
| 2022 | 13.15% | 5.54% | 0.74x | 3.22x | ₩29.42 Billion |
| 2023 | 16.63% | 7.58% | 0.61x | 3.63x | ₩69.73 Billion |
| 2024 | 18.31% | 6.77% | 0.53x | 5.06x | ₩100.64 Billion |
Industry Comparison
This section compares LIG Nex1 Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $2,268,573,890,103
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LIG Nex1 Co Ltd (079550) | ₩1.46 Trillion | 14.12% | 4.05x | $6.68 Billion |
| SNT Dynamics Co Ltd (003570) | $604.53 Billion | -5.12% | 0.39x | $338.06 Million |
| Korea Shipbuilding & Offshore Engineering Co Ltd (009540) | $11.01 Trillion | 19.45% | 2.31x | $12.83 Billion |
| Samsung Heavy Industries (010140) | $5.28 Trillion | 15.07% | 2.15x | $12.09 Billion |
| Firstec (010820) | $68.61 Billion | 4.01% | 0.70x | $141.86 Million |
| Hanwha Aerospace Co Ltd (012450) | $607.38 Billion | 7.32% | 1.96x | $22.01 Billion |
| Hanwha Ocean Co., Ltd (042660) | $638.12 Billion | 8.71% | 4.10x | $11.62 Billion |
| Korea Aerospace Industries (047810) | $1.21 Trillion | 21.34% | 1.31x | $7.66 Billion |
| Hanwha Systems Co Ltd (272210) | $820.97 Billion | 5.02% | 1.32x | $7.00 Billion |
| DAEHAN SHIPBUILDING LTD (439260) | $171.48 Billion | 22.34% | 3.74x | $1.10 Billion |