LF Corp
LF Corp. engages in the manufacture and sale of ready-to-wear apparel products in South Korea, China, and internationally. It operates through Fashion, Financial, Food, and Other Business segments. The company offers menswear, womenswear, casual wear, sportswear, outdoor wear, and boutique products, as well as accessories. It sells its men's products under the DAKS, HAZZYS, JILLSTUART NEW YORK, M… Read more
LF Corp (093050) - Net Assets
Latest net assets as of September 2025: ₩1.82 Trillion KRW
Based on the latest financial reports, LF Corp (093050) has net assets worth ₩1.82 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 (₩3.12 Trillion) and total liabilities (₩1.31 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 | ₩1.82 Trillion |
| % of Total Assets | 58.11% |
| Annual Growth Rate | 8.24% |
| 5-Year Change | 25.34% |
| 10-Year Change | 74.22% |
| Growth Volatility | 8.46 |
LF Corp - Net Assets Trend (2008–2024)
This chart illustrates how LF Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LF Corp (2008–2024)
The table below shows the annual net assets of LF Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.77 Trillion | +3.46% |
| 2023-12-31 | ₩1.71 Trillion | +3.42% |
| 2022-12-31 | ₩1.66 Trillion | +10.58% |
| 2021-12-31 | ₩1.50 Trillion | +5.94% |
| 2020-12-31 | ₩1.41 Trillion | +1.64% |
| 2019-12-31 | ₩1.39 Trillion | +17.59% |
| 2018-12-31 | ₩1.18 Trillion | +7.26% |
| 2017-12-31 | ₩1.10 Trillion | +4.86% |
| 2016-12-31 | ₩1.05 Trillion | +3.40% |
| 2015-12-31 | ₩1.02 Trillion | +3.52% |
| 2014-12-31 | ₩982.96 Billion | +7.43% |
| 2013-12-31 | ₩914.95 Billion | +4.60% |
| 2012-12-31 | ₩874.71 Billion | +6.03% |
| 2011-12-31 | ₩824.94 Billion | +29.05% |
| 2010-12-31 | ₩639.23 Billion | +27.94% |
| 2008-12-31 | ₩499.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LF Corp'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 124296117610000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.24 Trillion | 79.08% |
| Other Components | ₩328.74 Billion | 20.92% |
| Total Equity | ₩1.57 Trillion | 100.00% |
LF Corp Competitors by Market Cap
The table below lists competitors of LF Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yantai Yatong Precision Mechanical Corp. A
SHG:603190
|
$143.96 Million |
|
Skipper Limited
NSE:SKIPPER
|
$143.96 Million |
|
A-LIVING SM.CI.SV. H YC 1
F:1V0
|
$143.97 Million |
|
Comstock Mining Inc
NYSE MKT:LODE
|
$143.98 Million |
|
Kreditbanken A/S
CO:KRE
|
$143.90 Million |
|
The Keg Royalties Income Fund
TO:KEG-UN
|
$143.87 Million |
|
TruBridge Inc.
NASDAQ:TBRG
|
$143.84 Million |
|
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.
SHE:301289
|
$143.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LF Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,528,091,485,690 to 1,571,705,372,060, a change of 43,613,886,370 (2.9%).
- Net income of 75,471,464,160 contributed positively to equity growth.
- Dividend payments of 21,134,660,300 reduced retained earnings.
- Share repurchases of 15,175,419,120 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩75.47 Billion | +4.8% |
| Dividends Paid | ₩21.13 Billion | -1.34% |
| Share Repurchases | ₩15.18 Billion | -0.97% |
| Other Changes | ₩4.45 Billion | +0.28% |
| Total Change | ₩- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares LF Corp'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: 0.37x
- 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 0.57x to 0.37x 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 | ₩37362.77 | ₩21350.00 | x |
| 2018-12-31 | ₩40126.42 | ₩21350.00 | x |
| 2019-12-31 | ₩41768.23 | ₩21350.00 | x |
| 2020-12-31 | ₩43342.26 | ₩21350.00 | x |
| 2021-12-31 | ₩46903.76 | ₩21350.00 | x |
| 2022-12-31 | ₩51612.43 | ₩21350.00 | x |
| 2023-12-31 | ₩53692.60 | ₩21350.00 | x |
| 2024-12-31 | ₩57257.78 | ₩21350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LF Corp 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): 4.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.86%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.85x
- Recent ROE (4.80%) is below the historical average (7.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 14.55% | 9.08% | 1.26x | 1.27x | ₩22.72 Billion |
| 2010 | 14.43% | 8.09% | 1.31x | 1.36x | ₩28.32 Billion |
| 2011 | 11.72% | 6.69% | 1.23x | 1.43x | ₩14.13 Billion |
| 2012 | 6.99% | 4.14% | 1.21x | 1.39x | ₩-26.15 Billion |
| 2013 | 7.46% | 4.59% | 1.15x | 1.41x | ₩-23.26 Billion |
| 2014 | 8.28% | 5.57% | 1.04x | 1.43x | ₩-16.90 Billion |
| 2015 | 5.01% | 3.24% | 1.07x | 1.45x | ₩-50.80 Billion |
| 2016 | 4.91% | 3.38% | 0.97x | 1.50x | ₩-53.62 Billion |
| 2017 | 6.74% | 4.60% | 1.00x | 1.46x | ₩-35.61 Billion |
| 2018 | 7.09% | 4.88% | 1.03x | 1.41x | ₩-34.11 Billion |
| 2019 | 5.54% | 3.87% | 0.72x | 1.98x | ₩-54.49 Billion |
| 2020 | 1.40% | 1.07% | 0.65x | 2.01x | ₩-106.04 Billion |
| 2021 | 8.89% | 6.62% | 0.71x | 1.90x | ₩-14.85 Billion |
| 2022 | 10.37% | 7.74% | 0.76x | 1.76x | ₩5.39 Billion |
| 2023 | 5.40% | 4.34% | 0.69x | 1.80x | ₩-70.30 Billion |
| 2024 | 4.80% | 3.86% | 0.67x | 1.85x | ₩-81.70 Billion |
Industry Comparison
This section compares LF Corp's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $209,700,898,505
- Average return on equity (ROE) among peers: 7.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LF Corp (093050) | ₩1.82 Trillion | 14.55% | 0.72x | $143.95 Million |
| BYC Co Ltd (001465) | $378.12 Billion | 3.49% | 0.83x | $50.34 Million |
| Vivien Corp (002070) | $138.99 Billion | 0.12% | 0.40x | $10.53 Million |
| Kuk Dong (005320) | $28.64 Billion | 31.07% | 2.12x | $15.40 Million |
| Shinsung Tngsn (005390) | $230.85 Billion | 2.26% | 1.99x | $10.03 Million |
| Shinyoung Waco (005800) | $251.88 Billion | 6.83% | 0.12x | $26.78 Million |
| F&F Holdings Co. Ltd (007700) | $189.53 Billion | 7.38% | 0.70x | $40.03 Million |
| Pan-Pacific (007980) | $241.92 Billion | 9.16% | 2.11x | $38.87 Million |
| Willbes (008600) | $126.89 Billion | 2.17% | 0.93x | $13.89 Million |
| Shinwon (009270) | $213.79 Billion | 2.77% | 1.55x | $51.58 Million |
| Youngone Holdi (009970) | $296.42 Billion | 11.43% | 0.61x | $813.72 Million |