LTC Co.Ltd
LTC Co.,Ltd provides FPD and semiconductor chemical solutions in Korea and internationally. It offers display manufacturing process products, PR-strippers, thinners, and LTOC for OLED; semiconductor process products, such as polymer and bump strippers; and creamic products comprising electrolyte for SOFC, metal separator for SOFC, etc. The company was founded in 2007 and is headquartered in Hwase… Read more
LTC Co.Ltd (170920) - Net Assets
Latest net assets as of September 2025: ₩210.48 Billion KRW
Based on the latest financial reports, LTC Co.Ltd (170920) has net assets worth ₩210.48 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩363.95 Billion) and total liabilities (₩153.46 Billion). 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 | ₩210.48 Billion |
| % of Total Assets | 57.83% |
| Annual Growth Rate | 3.12% |
| 5-Year Change | 30.07% |
| 10-Year Change | 29.38% |
| Growth Volatility | 9.1 |
LTC Co.Ltd - Net Assets Trend (2014–2024)
This chart illustrates how LTC 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 LTC Co.Ltd (2014–2024)
The table below shows the annual net assets of LTC Co.Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩108.56 Billion | +28.17% |
| 2023-12-31 | ₩84.70 Billion | +3.21% |
| 2022-12-31 | ₩82.07 Billion | +4.63% |
| 2021-12-31 | ₩78.44 Billion | -6.02% |
| 2020-12-31 | ₩83.47 Billion | -4.40% |
| 2019-12-31 | ₩87.31 Billion | +0.27% |
| 2018-12-31 | ₩87.07 Billion | +1.75% |
| 2017-12-31 | ₩85.57 Billion | -3.20% |
| 2016-12-31 | ₩88.41 Billion | +5.35% |
| 2015-12-31 | ₩83.91 Billion | +5.14% |
| 2014-12-31 | ₩79.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LTC 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 decreased by 58.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩17.69 Billion | 16.30% |
| Common Stock | ₩4.90 Billion | 4.52% |
| Other Components | ₩85.97 Billion | 79.19% |
| Total Equity | ₩108.56 Billion | 100.00% |
LTC Co.Ltd Competitors by Market Cap
The table below lists competitors of LTC Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vestum AB (publ)
ST:VESTUM
|
$124.07 Million |
|
MC Group Public Company Limited
BK:MC
|
$124.10 Million |
|
Cashbuild Limited
PINK:CBLDF
|
$124.24 Million |
|
Atrys Health SL
MC:ATRY
|
$124.28 Million |
|
SMARTCRAFT CL.A NK-01
F:9YK
|
$123.92 Million |
|
Ard Grup Bilisim Teknolojileri AS
IS:ARDYZ
|
$123.89 Million |
|
Monex S.A.B. de C.V
MX:MONEXB
|
$123.89 Million |
|
Akums Drugs and Pharmaceutical
NSE:AKUMS
|
$123.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LTC Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 84,701,343,420 to 108,564,267,820, a change of 23,862,924,400 (28.2%).
- Net income of 10,087,593,450 contributed positively to equity growth.
- Other factors increased equity by 13,775,330,950.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.09 Billion | +9.29% |
| Other Changes | ₩13.78 Billion | +12.69% |
| Total Change | ₩- | 28.17% |
Book Value vs Market Value Analysis
This analysis compares LTC 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: 2.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩12075.59 | ₩27550.00 | x |
| 2017-12-31 | ₩11693.86 | ₩27550.00 | x |
| 2018-12-31 | ₩11898.83 | ₩27550.00 | x |
| 2019-12-31 | ₩11931.06 | ₩27550.00 | x |
| 2020-12-31 | ₩11394.98 | ₩27550.00 | x |
| 2021-12-31 | ₩10226.72 | ₩27550.00 | x |
| 2022-12-31 | ₩10648.90 | ₩27550.00 | x |
| 2023-12-31 | ₩9535.10 | ₩27550.00 | x |
| 2024-12-31 | ₩11702.30 | ₩27550.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LTC 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): 9.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.64%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.00x
- Recent ROE (9.29%) is above the historical average (-1.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.00% | 11.53% | 0.93x | 1.12x | ₩1.59 Billion |
| 2015 | 9.08% | 9.97% | 0.62x | 1.47x | ₩-771.40 Million |
| 2016 | -0.84% | -1.05% | 0.49x | 1.64x | ₩-9.59 Billion |
| 2017 | -1.65% | -2.15% | 0.46x | 1.68x | ₩-9.97 Billion |
| 2018 | 0.96% | 0.86% | 0.58x | 1.92x | ₩-7.88 Billion |
| 2019 | 0.87% | 0.83% | 0.53x | 1.98x | ₩-7.97 Billion |
| 2020 | -4.83% | -4.25% | 0.57x | 1.99x | ₩-12.38 Billion |
| 2021 | -12.16% | -12.18% | 0.49x | 2.03x | ₩-17.38 Billion |
| 2022 | 2.58% | 0.97% | 0.81x | 3.31x | ₩-6.09 Billion |
| 2023 | -31.29% | -23.38% | 0.38x | 3.54x | ₩-34.97 Billion |
| 2024 | 9.29% | 3.64% | 0.85x | 3.00x | ₩-768.83 Million |
Industry Comparison
This section compares LTC Co.Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $729,340,395,312
- Average return on equity (ROE) among peers: 5.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LTC Co.Ltd (170920) | ₩210.48 Billion | 12.00% | 0.73x | $123.97 Million |
| DL Holdings CO. LTD. (000210) | $4.53 Trillion | 19.10% | 0.84x | $381.57 Million |
| Norooholdings (000320) | $402.45 Billion | 6.30% | 1.12x | $45.80 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $60.77 Million |
| Samhwa Paint (000390) | $299.72 Billion | 1.87% | 0.96x | $86.24 Million |
| Kangnam Jevisco Co Ltd (000860) | $366.15 Billion | 10.97% | 0.26x | $58.42 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $113.44 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $30.02 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $79.87 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $17.90 Million |
| Cosmoam&T (005070) | $147.00 Billion | -3.99% | 0.78x | $305.37 Million |