LX Holdings Corp (383800) - Net Assets
Based on the latest financial reports, LX Holdings Corp (383800) has net assets worth ₩2.00 Trillion KRW (≈ $1.36 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.36 Trillion ≈ $1.60 Billion USD) and total liabilities (₩357.75 Billion ≈ $242.44 Million 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 383800 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩2.00 Trillion |
| % of Total Assets | 84.83% |
| Annual Growth Rate | 9.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.27 |
LX Holdings Corp - Net Assets Trend (2021–2025)
This chart illustrates how LX Holdings Corp's net assets have evolved over time, based on quarterly financial data. See LX Holdings Corp (383800) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for LX Holdings Corp (2021–2025)
The table below shows the annual net assets of LX Holdings Corp from 2021 to 2025. For live valuation and market cap data, see LX Holdings Corp (383800) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩2.00 Trillion ≈ $1.36 Billion |
+7.00% |
| 2024-12-31 | ₩1.87 Trillion ≈ $1.27 Billion |
+12.42% |
| 2023-12-31 | ₩1.66 Trillion ≈ $1.13 Billion |
+3.21% |
| 2022-12-31 | ₩1.61 Trillion ≈ $1.09 Billion |
+13.88% |
| 2021-12-31 | ₩1.41 Trillion ≈ $958.70 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to LX Holdings 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 341.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩620.51 Billion | 31.02% |
| Other Components | ₩1.38 Trillion | 68.98% |
| Total Equity | ₩2.00 Trillion | 100.00% |
LX Holdings Corp Competitors by Market Cap
The table below lists competitors of LX Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fiducial Real Estate SA
PA:ORIA
|
$412.79 Million |
|
Tsogo Sun
JSE:TSG
|
$412.81 Million |
|
Burstone Group Limited
JSE:BTN
|
$412.81 Million |
|
Samji Electronics Co. Ltd
KQ:037460
|
$412.85 Million |
|
Emergent Biosolutions Inc
NYSE:EBS
|
$412.77 Million |
|
West Bancorporation
NASDAQ:WTBA
|
$412.76 Million |
|
Ashiana Housing Limited
NSE:ASHIANA
|
$412.68 Million |
|
Excelsior Medical Co Ltd
TW:4104
|
$412.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LX Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,869,328,000,000 to 2,000,182,000,000, a change of 130,854,000,000 (7.0%).
- Net income of 135,595,000,000 contributed positively to equity growth.
- Dividend payments of 22,545,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩135.59 Billion | +6.78% |
| Dividends Paid | ₩22.55 Billion | -1.13% |
| Other Changes | ₩17.80 Billion | +0.89% |
| Total Change | ₩- | 7.00% |
Book Value vs Market Value Analysis
This analysis compares LX Holdings 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: 0.30x
- 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 0.43x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩18556.70 | ₩7990.00 | x |
| 2022-12-31 | ₩21133.27 | ₩7990.00 | x |
| 2023-12-31 | ₩21812.15 | ₩7990.00 | x |
| 2024-12-31 | ₩24520.62 | ₩7990.00 | x |
| 2025-12-31 | ₩26237.08 | ₩7990.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LX Holdings 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): 6.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 71.23%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.18x
- Recent ROE (6.78%) is below the historical average (8.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.10% | 76.89% | 0.13x | 1.02x | ₩1.40 Billion |
| 2022 | 10.56% | 71.81% | 0.14x | 1.01x | ₩9.03 Billion |
| 2023 | 4.74% | 66.75% | 0.07x | 1.02x | ₩-87.44 Billion |
| 2024 | 8.57% | 82.40% | 0.10x | 1.02x | ₩-26.65 Billion |
| 2025 | 6.78% | 71.23% | 0.08x | 1.18x | ₩-64.42 Billion |
Industry Comparison
This section compares LX Holdings Corp's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $25,084,726,430
- Average return on equity (ROE) among peers: 45.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LX Holdings Corp (383800) | ₩2.00 Trillion | 10.10% | 0.18x | $412.79 Million |
| Incar Financial Service Co. Ltd. (211050) | $25.08 Billion | 45.00% | 5.99x | $336.50 Million |
About LX Holdings Corp
LX Holdings Corp., through its subsidiaries, provides various solutions for materials, components, and services in South Korea. The company is involved in natural resources development comprising operation of coal business, nickel mine development and operation, and supplying of crude palm oil through its plantations; trading of nickel, coal, and palm oil; new growth; sea and air freight; contrac… Read more