Lotte Rental Co Ltd
LOTTE rental co.,ltd. provides rental services in South Korea, Thailand, and Vietnam. It rents various household items, cars, office machines, and equipment. The company was formerly known as KT Rental Co., Ltd. and changed its name to LOTTE rental co.,ltd. on June 24, 2015. LOTTE rental co.,ltd. was founded in 1986 and is headquartered in Anyang-si, South Korea.
Lotte Rental Co Ltd (089860) - Net Assets
Latest net assets as of September 2025: ₩1.52 Trillion KRW
Based on the latest financial reports, Lotte Rental Co Ltd (089860) has net assets worth ₩1.52 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 (₩7.39 Trillion) and total liabilities (₩5.87 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 | ₩1.52 Trillion |
| % of Total Assets | 20.54% |
| Annual Growth Rate | 14.41% |
| 5-Year Change | 107.91% |
| 10-Year Change | N/A |
| Growth Volatility | 26.17 |
Lotte Rental Co Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Lotte Rental 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 Lotte Rental Co Ltd (2018–2024)
The table below shows the annual net assets of Lotte Rental Co Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.47 Trillion | +7.57% |
| 2023-12-31 | ₩1.37 Trillion | +5.33% |
| 2022-12-31 | ₩1.30 Trillion | +4.76% |
| 2021-12-31 | ₩1.24 Trillion | +75.17% |
| 2020-12-31 | ₩706.37 Billion | +5.70% |
| 2019-12-31 | ₩668.25 Billion | +2.08% |
| 2018-12-31 | ₩654.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lotte Rental 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 172.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩577.57 Billion | 39.10% |
| Other Components | ₩899.61 Billion | 60.90% |
| Total Equity | ₩1.48 Trillion | 100.00% |
Lotte Rental Co Ltd Competitors by Market Cap
The table below lists competitors of Lotte Rental Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Truecaller AB (publ)
ST:TRUE-B
|
$287.64 Million |
|
Shunya International Brand Consulting Beijing Co Ltd Class A
SHE:300612
|
$287.64 Million |
|
Sohu.Com Inc
NASDAQ:SOHU
|
$287.65 Million |
|
DATAGROUP SE
F:D6H
|
$287.75 Million |
|
New Providence Acquisition Corp. III Class A Ordinary Shares
NASDAQ:NPAC
|
$287.50 Million |
|
Jiangsu Zeyu Intelligent Power Co.Ltd.
SHE:301179
|
$287.46 Million |
|
MVB Financial Corp
NASDAQ:MVBF
|
$287.31 Million |
|
Civmec Ltd
AU:CVL
|
$287.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lotte Rental Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,368,311,322,460 to 1,477,175,962,570, a change of 108,864,640,110 (8.0%).
- Net income of 106,775,661,690 contributed positively to equity growth.
- Dividend payments of 43,960,875,600 reduced retained earnings.
- Share repurchases of 9,879,360,860 reduced equity.
- Other factors increased equity by 55,929,214,880.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩106.78 Billion | +7.23% |
| Dividends Paid | ₩43.96 Billion | -2.98% |
| Share Repurchases | ₩9.88 Billion | -0.67% |
| Other Changes | ₩55.93 Billion | +3.79% |
| Total Change | ₩- | 7.96% |
Book Value vs Market Value Analysis
This analysis compares Lotte Rental 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: 0.79x
- 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 1.83x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩17639.72 | ₩32200.00 | x |
| 2019-12-31 | ₩18063.17 | ₩32200.00 | x |
| 2020-12-31 | ₩19220.40 | ₩32200.00 | x |
| 2021-12-31 | ₩33557.30 | ₩32200.00 | x |
| 2022-12-31 | ₩35332.69 | ₩32200.00 | x |
| 2023-12-31 | ₩37350.79 | ₩32200.00 | x |
| 2024-12-31 | ₩40666.60 | ₩32200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lotte Rental 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): 7.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.82%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 4.74x
- Recent ROE (7.23%) is above the historical average (7.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 4.88% | 1.69% | 0.39x | 7.38x | ₩-33.08 Billion |
| 2019 | 6.04% | 1.86% | 0.40x | 8.10x | ₩-26.21 Billion |
| 2020 | 6.53% | 2.04% | 0.42x | 7.60x | ₩-24.45 Billion |
| 2021 | 9.66% | 4.90% | 0.40x | 4.98x | ₩-4.18 Billion |
| 2022 | 7.29% | 3.45% | 0.40x | 5.35x | ₩-35.05 Billion |
| 2023 | 8.77% | 4.36% | 0.41x | 4.91x | ₩-16.84 Billion |
| 2024 | 7.23% | 3.82% | 0.40x | 4.74x | ₩-40.94 Billion |
Industry Comparison
This section compares Lotte Rental Co Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $370,546,508,295
- Average return on equity (ROE) among peers: 10.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lotte Rental Co Ltd (089860) | ₩1.52 Trillion | 4.88% | 3.87x | $287.62 Million |
| AJ Networks Co Ltd (095570) | $283.28 Billion | 5.85% | 4.08x | $55.44 Million |
| Cuckoo Homesys Co Ltd (284740) | $457.82 Billion | 14.16% | 0.37x | $119.32 Million |