LMS Co. Ltd (073110) - Net Assets
Based on the latest financial reports, LMS Co. Ltd (073110) has net assets worth ₩74.05 Billion KRW (≈ $50.18 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩159.94 Billion ≈ $108.39 Million USD) and total liabilities (₩85.89 Billion ≈ $58.21 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 073110 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩74.05 Billion |
| % of Total Assets | 46.3% |
| Annual Growth Rate | 2.74% |
| 5-Year Change | -29.69% |
| 10-Year Change | -34.21% |
| Growth Volatility | 14.31 |
LMS Co. Ltd - Net Assets Trend (2009–2025)
This chart illustrates how LMS Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 073110 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for LMS Co. Ltd (2009–2025)
The table below shows the annual net assets of LMS Co. Ltd from 2009 to 2025. For live valuation and market cap data, see 073110 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩72.84 Billion ≈ $49.36 Million |
-5.27% |
| 2024-12-31 | ₩76.89 Billion ≈ $52.11 Million |
-6.89% |
| 2023-12-31 | ₩82.58 Billion ≈ $55.97 Million |
-14.53% |
| 2022-12-31 | ₩96.63 Billion ≈ $65.48 Million |
-6.74% |
| 2021-12-31 | ₩103.61 Billion ≈ $70.21 Million |
+3.43% |
| 2020-12-31 | ₩100.17 Billion ≈ $67.88 Million |
-19.49% |
| 2019-12-31 | ₩124.41 Billion ≈ $84.31 Million |
+5.42% |
| 2018-12-31 | ₩118.02 Billion ≈ $79.98 Million |
+3.88% |
| 2017-12-31 | ₩113.61 Billion ≈ $76.99 Million |
+2.60% |
| 2016-12-31 | ₩110.73 Billion ≈ $75.04 Million |
-10.09% |
| 2015-12-31 | ₩123.15 Billion ≈ $83.46 Million |
+5.69% |
| 2014-12-31 | ₩116.52 Billion ≈ $78.96 Million |
+25.89% |
| 2013-12-31 | ₩92.56 Billion ≈ $62.73 Million |
+16.73% |
| 2012-12-31 | ₩79.29 Billion ≈ $53.73 Million |
+7.46% |
| 2011-12-31 | ₩73.79 Billion ≈ $50.00 Million |
+13.82% |
| 2010-12-31 | ₩64.83 Billion ≈ $43.93 Million |
+37.25% |
| 2009-12-31 | ₩47.23 Billion ≈ $32.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to LMS 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 5597301050000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩55.97 Billion | 76.84% |
| Other Components | ₩16.87 Billion | 23.16% |
| Total Equity | ₩72.84 Billion | 100.00% |
LMS Co. Ltd Competitors by Market Cap
The table below lists competitors of LMS Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Etrend Hightech
TWO:3567
|
$30.43 Million |
|
Vietnam Petroleum Transport JSC
VN:VIP
|
$30.44 Million |
|
Lite Strategy, Inc.
NASDAQ:LITS
|
$30.44 Million |
|
OneMedNet Corp.
NASDAQ:ONMD
|
$30.44 Million |
|
Triumph Gold Corp
V:TIG
|
$30.43 Million |
|
Sustainable Power & Infrastructure Split Corp
TO:PWI
|
$30.41 Million |
|
MK Trend Co. Ltd.
KO:069640
|
$30.41 Million |
|
Trajectory Alpha Acquisition Corp
NYSE:TCOA
|
$30.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LMS Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 76,890,624,540 to 72,842,138,040, a change of -4,048,486,500 (-5.3%).
- Net loss of 12,129,886,800 reduced equity.
- Dividend payments of 1,156,925,600 reduced retained earnings.
- New share issuances of 9,116,579,900 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-12.13 Billion | -16.65% |
| Dividends Paid | ₩1.16 Billion | -1.59% |
| Share Issuances | ₩9.12 Billion | +12.52% |
| Other Changes | ₩121.75 Million | +0.17% |
| Total Change | ₩- | -5.27% |
Book Value vs Market Value Analysis
This analysis compares LMS 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: 0.48x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩13812.56 | ₩6090.00 | x |
| 2017-12-31 | ₩14928.84 | ₩6090.00 | x |
| 2018-12-31 | ₩15962.95 | ₩6090.00 | x |
| 2019-12-31 | ₩18221.28 | ₩6090.00 | x |
| 2020-12-31 | ₩15596.99 | ₩6090.00 | x |
| 2021-12-31 | ₩16132.72 | ₩6090.00 | x |
| 2022-12-31 | ₩16704.04 | ₩6090.00 | x |
| 2023-12-31 | ₩14276.52 | ₩6090.00 | x |
| 2024-12-31 | ₩13292.23 | ₩6090.00 | x |
| 2025-12-31 | ₩12592.36 | ₩6090.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LMS 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): -16.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.43%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.06x
- Recent ROE (-16.65%) is below the historical average (4.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 21.99% | 13.49% | 0.81x | 2.01x | ₩5.66 Billion |
| 2010 | 29.10% | 23.30% | 0.66x | 1.90x | ₩12.38 Billion |
| 2011 | 12.92% | 10.08% | 0.63x | 2.03x | ₩2.13 Billion |
| 2012 | 11.66% | 10.86% | 0.56x | 1.91x | ₩1.32 Billion |
| 2013 | 16.79% | 13.92% | 0.67x | 1.81x | ₩6.29 Billion |
| 2014 | 19.44% | 16.31% | 0.59x | 2.03x | ₩11.00 Billion |
| 2015 | 5.61% | 5.60% | 0.55x | 1.82x | ₩-5.41 Billion |
| 2016 | -10.54% | -10.28% | 0.55x | 1.85x | ₩-22.74 Billion |
| 2017 | 8.35% | 6.60% | 0.72x | 1.76x | ₩-1.87 Billion |
| 2018 | 5.63% | 6.08% | 0.56x | 1.66x | ₩-5.15 Billion |
| 2019 | 8.93% | 6.81% | 0.66x | 1.98x | ₩-1.33 Billion |
| 2020 | -18.43% | -15.43% | 0.56x | 2.13x | ₩-28.48 Billion |
| 2021 | 1.98% | 2.14% | 0.42x | 2.19x | ₩-8.31 Billion |
| 2022 | 0.28% | 0.27% | 0.43x | 2.37x | ₩-9.40 Billion |
| 2023 | -15.81% | -17.24% | 0.48x | 1.90x | ₩-21.32 Billion |
| 2024 | -6.00% | -6.82% | 0.43x | 2.03x | ₩-12.30 Billion |
| 2025 | -16.65% | -17.43% | 0.46x | 2.06x | ₩-19.41 Billion |
Industry Comparison
This section compares LMS Co. Ltd's net assets metrics with peer companies in the Electronic Equipment & Parts industry.
Industry Context
- Industry: Electronic Equipment & Parts
- Average net assets among peers: $98,579,249,347
- Average return on equity (ROE) among peers: -3.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LMS Co. Ltd (073110) | ₩74.05 Billion | 21.99% | 1.16x | $30.43 Million |
| SANGBO Corp (027580) | $65.68 Billion | 13.38% | 0.71x | $36.25 Million |
| Inzi Display Co.Ltd (037330) | $154.09 Billion | 16.03% | 1.30x | $26.05 Million |
| BioSmart Co.Ltd (038460) | $20.74 Billion | 0.00% | 1.19x | $37.03 Million |
| e-LITECOM CO. Ltd (041520) | $198.70 Billion | -2.91% | 0.17x | $74.66 Million |
| CoAsia Corporation (045970) | $100.09 Billion | 0.00% | 1.72x | $48.45 Million |
| Powerlogics Co. Ltd (047310) | $115.76 Billion | 3.44% | 1.29x | $90.16 Million |
| Phoenix Materials Co. Ltd (050090) | $29.08 Billion | -11.78% | 0.79x | $28.45 Million |
| CammSys Corp (050110) | $100.68 Billion | 1.86% | 3.30x | $45.96 Million |
| STCube Inc (052020) | $36.03 Billion | -44.28% | 0.40x | $197.46 Million |
| Amotech Co. Ltd (052710) | $164.96 Billion | -8.90% | 1.28x | $198.68 Million |
About LMS Co. Ltd
LMS Co., Ltd. manufactures and supplies display and optical components and materials. It operates through Display Business and Optical Information Business divisions. The Display Business division offers hybrid light accumulation sheet products, LMS reflective polarizer sheets, lamination sheets, reverse prism sheets, LMS diffuser sheets, and LMS reflection sheets. The Optical Information Busines… Read more