Lix Solution Co.Ltd (029480) - Net Assets
Based on the latest financial reports, Lix Solution Co.Ltd (029480) has net assets worth ₩211.16 Billion KRW (≈ $143.10 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩230.60 Billion ≈ $156.27 Million USD) and total liabilities (₩19.44 Billion ≈ $13.17 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 how resilient are Lix Solution Co.Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩211.16 Billion |
| % of Total Assets | 91.57% |
| Annual Growth Rate | 13.11% |
| 5-Year Change | 863.77% |
| 10-Year Change | 2912.09% |
| Growth Volatility | 58.61 |
Lix Solution Co.Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Lix Solution Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Lix Solution Co.Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Lix Solution Co.Ltd (2007–2024)
The table below shows the annual net assets of Lix Solution Co.Ltd from 2007 to 2024. For live valuation and market cap data, see 029480 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩233.27 Billion ≈ $158.08 Million |
+105.02% |
| 2023-12-31 | ₩113.78 Billion ≈ $77.11 Million |
+42.05% |
| 2022-12-31 | ₩80.10 Billion ≈ $54.28 Million |
+57.85% |
| 2021-12-31 | ₩50.74 Billion ≈ $34.39 Million |
+109.65% |
| 2020-12-31 | ₩24.20 Billion ≈ $16.40 Million |
+9.01% |
| 2019-12-31 | ₩22.20 Billion ≈ $15.05 Million |
+131.12% |
| 2018-12-31 | ₩9.61 Billion ≈ $6.51 Million |
-29.11% |
| 2017-12-31 | ₩13.55 Billion ≈ $9.18 Million |
+68.28% |
| 2016-12-31 | ₩8.05 Billion ≈ $5.46 Million |
+3.99% |
| 2015-12-31 | ₩7.74 Billion ≈ $5.25 Million |
-11.86% |
| 2013-12-31 | ₩8.79 Billion ≈ $5.95 Million |
-70.22% |
| 2012-12-31 | ₩29.51 Billion ≈ $20.00 Million |
-22.00% |
| 2011-12-31 | ₩37.83 Billion ≈ $25.64 Million |
-22.79% |
| 2010-12-31 | ₩49.00 Billion ≈ $33.21 Million |
+70.51% |
| 2007-12-31 | ₩28.74 Billion ≈ $19.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lix Solution 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 922029.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩104.15 Billion | 44.65% |
| Other Components | ₩129.12 Billion | 55.35% |
| Total Equity | ₩233.27 Billion | 100.00% |
Lix Solution Co.Ltd Competitors by Market Cap
The table below lists competitors of Lix Solution Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Omer-Decugis & Cie
PA:ALODC
|
$83.22 Million |
|
Hunter Group ASA
OL:HUNT
|
$83.27 Million |
|
Hauman Technologies
TWO:6218
|
$83.31 Million |
|
Queenco-L
TA:QNCO
|
$83.32 Million |
|
Grong Sparebank
OL:GRONG
|
$83.18 Million |
|
EN Shoham Business Ltd
TA:SHOM
|
$83.17 Million |
|
S.D. STANDARD ETC DL-03
F:S1P
|
$83.13 Million |
|
Marks and Spencer Group PLC
LSE:MKS
|
$83.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lix Solution Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 113,777,872,110 to 233,269,706,290, a change of 119,491,834,180 (105.0%).
- Net income of 104,172,205,340 contributed positively to equity growth.
- Share repurchases of 12,000,004,200 reduced equity.
- New share issuances of 12,000,004,200 increased equity.
- Other factors increased equity by 15,319,628,840.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩104.17 Billion | +44.66% |
| Share Repurchases | ₩12.00 Billion | -5.14% |
| Share Issuances | ₩12.00 Billion | +5.14% |
| Other Changes | ₩15.32 Billion | +6.57% |
| Total Change | ₩- | 105.02% |
Book Value vs Market Value Analysis
This analysis compares Lix Solution 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: 0.50x
- 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 1.19x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1798.83 | ₩2140.00 | x |
| 2017-12-31 | ₩2135.37 | ₩2140.00 | x |
| 2018-12-31 | ₩1472.31 | ₩2140.00 | x |
| 2019-12-31 | ₩1829.35 | ₩2140.00 | x |
| 2020-12-31 | ₩1522.36 | ₩2140.00 | x |
| 2021-12-31 | ₩2229.78 | ₩2140.00 | x |
| 2022-12-31 | ₩2126.06 | ₩2140.00 | x |
| 2023-12-31 | ₩2377.80 | ₩2140.00 | x |
| 2024-12-31 | ₩4241.97 | ₩2140.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lix Solution 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): 44.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1596.05%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.21x
- Recent ROE (44.66%) is above the historical average (-46.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 4.17% | 1.51% | 1.14x | 2.41x | ₩-1.56 Billion |
| 2010 | -30.78% | -18.36% | 0.77x | 2.17x | ₩-19.88 Billion |
| 2011 | -137.54% | -100.91% | 0.68x | 2.00x | ₩-56.02 Billion |
| 2012 | -36.23% | -25.96% | 0.74x | 1.89x | ₩-13.64 Billion |
| 2013 | -326.87% | -139.87% | 0.58x | 4.03x | ₩-29.60 Billion |
| 2015 | -35.22% | -15.46% | 0.84x | 2.73x | ₩-3.50 Billion |
| 2016 | 1.19% | 0.36% | 0.91x | 3.61x | ₩-709.71 Million |
| 2017 | -24.74% | -15.56% | 0.74x | 2.14x | ₩-4.71 Billion |
| 2018 | -51.67% | -21.51% | 0.81x | 2.96x | ₩-5.92 Billion |
| 2019 | -27.70% | -16.86% | 0.58x | 2.84x | ₩-8.37 Billion |
| 2020 | -79.30% | -76.24% | 0.65x | 1.60x | ₩-21.61 Billion |
| 2021 | -1.49% | -4.00% | 0.18x | 2.05x | ₩-5.83 Billion |
| 2022 | -9.20% | -9.42% | 0.58x | 1.70x | ₩-15.38 Billion |
| 2023 | 6.40% | 30.04% | 0.19x | 1.14x | ₩-4.10 Billion |
| 2024 | 44.66% | 1596.05% | 0.02x | 1.21x | ₩80.85 Billion |
Industry Comparison
This section compares Lix Solution Co.Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $218,334,830,115
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lix Solution Co.Ltd (029480) | ₩211.16 Billion | 4.17% | 0.09x | $83.19 Million |
| YoungPoong (000670) | $471.92 Billion | 0.00% | 1.01x | $822.21 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $467.29 Million |
| Samick Music I (002450) | $144.58 Billion | 1.50% | 1.43x | $64.41 Million |
| Hansol Technics (004710) | $34.25 Billion | 0.00% | 5.26x | $173.10 Million |
| Sunny Elec (004770) | $30.06 Billion | 0.40% | 0.10x | $43.99 Million |
| Samyoung Elec (005680) | $363.17 Billion | 5.47% | 0.12x | $197.81 Million |
| PJ Electronics Co. Ltd (006140) | $109.57 Billion | 4.53% | 0.33x | $71.73 Million |
| Isupetasys (007660) | $168.70 Billion | 12.06% | 1.02x | $7.48 Billion |
| Korea Circuit Co. Ltd. (007810) | $128.70 Billion | 2.46% | 0.61x | $1.51 Billion |
| Korea Circuit Co Ltd (007815) | $709.89 Billion | -5.16% | 0.74x | $43.40 Million |
About Lix Solution Co.Ltd
Kwangmu Co.,Ltd. engages in SI/NI, ITO, digital space, and 3D design and software businesses. The company provides SI/NI consulting, project management, system construction/development, and integrated repair and maintenance services; wire and wireless network, and communication security systems; multimedia/image systems; integrated control and surveillance systems; and server/storage and cloud sy… Read more