LTC Co.Ltd (170920) - Net Assets
Based on the latest financial reports, LTC Co.Ltd (170920) has net assets worth ₩223.74 Billion KRW (≈ $151.62 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩383.39 Billion ≈ $259.82 Million USD) and total liabilities (₩159.65 Billion ≈ $108.19 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 LTC Co.Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩223.74 Billion |
| % of Total Assets | 58.36% |
| Annual Growth Rate | 9.82% |
| 5-Year Change | 185.24% |
| 10-Year Change | 153.08% |
| Growth Volatility | 30.74 |
LTC Co.Ltd - Net Assets Trend (2014–2025)
This chart illustrates how LTC Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 170920 total asset value for the complete picture of this company's asset base.
Annual Net Assets for LTC Co.Ltd (2014–2025)
The table below shows the annual net assets of LTC Co.Ltd from 2014 to 2025. For live valuation and market cap data, see market value of LTC Co.Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩223.74 Billion ≈ $151.62 Million |
+106.09% |
| 2024-12-31 | ₩108.56 Billion ≈ $73.57 Million |
+28.17% |
| 2023-12-31 | ₩84.70 Billion ≈ $57.40 Million |
+3.21% |
| 2022-12-31 | ₩82.07 Billion ≈ $55.62 Million |
+4.63% |
| 2021-12-31 | ₩78.44 Billion ≈ $53.16 Million |
-6.02% |
| 2020-12-31 | ₩83.47 Billion ≈ $56.57 Million |
-4.40% |
| 2019-12-31 | ₩87.31 Billion ≈ $59.17 Million |
+0.27% |
| 2018-12-31 | ₩87.07 Billion ≈ $59.01 Million |
+1.75% |
| 2017-12-31 | ₩85.57 Billion ≈ $57.99 Million |
-3.20% |
| 2016-12-31 | ₩88.41 Billion ≈ $59.91 Million |
+5.35% |
| 2015-12-31 | ₩83.91 Billion ≈ $56.87 Million |
+5.14% |
| 2014-12-31 | ₩79.81 Billion ≈ $54.09 Million |
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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 57.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩18.38 Billion | 14.21% |
| Other Components | ₩110.95 Billion | 85.79% |
| Total Equity | ₩129.34 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 |
|---|---|
|
HannsTouch Solution Inc
TW:3049
|
$308.27 Million |
|
Wam Microcap Ltd
AU:WMI
|
$308.29 Million |
|
Qinghai Spring Medicinal Resources Technology Co Ltd
SHG:600381
|
$308.40 Million |
|
MOLSON COORS CDA EXCH.B
F:65K
|
$308.52 Million |
|
Changzhou Tiansheng New Materials Co Ltd
SHE:300169
|
$308.15 Million |
|
NCT Alliance Bhd
KLSE:0056
|
$308.04 Million |
|
Hansae Co
KO:105630
|
$307.99 Million |
|
Timberland Bancorp Inc
NASDAQ:TSBK
|
$307.88 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 2024 to 2025, total equity changed from 108,564,267,820 to 129,337,054,390, a change of 20,772,786,570 (19.1%).
- Net income of 4,813,889,910 contributed positively to equity growth.
- Dividend payments of 927,716,600 reduced retained earnings.
- New share issuances of 62,416,000 increased equity.
- Other factors increased equity by 16,824,197,260.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.81 Billion | +3.72% |
| Dividends Paid | ₩927.72 Million | -0.72% |
| Share Issuances | ₩62.42 Million | +0.05% |
| Other Changes | ₩16.82 Billion | +13.01% |
| Total Change | ₩- | 19.13% |
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: 3.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.79x to 3.52x 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 | ₩12075.59 | ₩45800.00 | x |
| 2017-12-31 | ₩11693.86 | ₩45800.00 | x |
| 2018-12-31 | ₩11898.83 | ₩45800.00 | x |
| 2019-12-31 | ₩11931.06 | ₩45800.00 | x |
| 2020-12-31 | ₩11394.98 | ₩45800.00 | x |
| 2021-12-31 | ₩10226.72 | ₩45800.00 | x |
| 2022-12-31 | ₩10648.90 | ₩45800.00 | x |
| 2023-12-31 | ₩9535.10 | ₩45800.00 | x |
| 2024-12-31 | ₩11702.30 | ₩45800.00 | x |
| 2025-12-31 | ₩13026.72 | ₩45800.00 | 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): 3.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.55%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.96x
- Recent ROE (3.72%) is above the historical average (-1.02%), 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 |
| 2025 | 3.72% | 1.55% | 0.81x | 2.96x | ₩-8.12 Billion |
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: $1,194,410,131,606
- Average return on equity (ROE) among peers: 5.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LTC Co.Ltd (170920) | ₩223.74 Billion | 12.00% | 0.71x | $308.16 Million |
| DL Holdings CO. LTD. (000210) | $4.75 Trillion | 1.28% | 1.56x | $1.01 Billion |
| DL Holdings Co Ltd Preferred (000215) | $5.15 Trillion | 5.16% | 1.41x | $34.58 Million |
| Norooholdings (000320) | $272.56 Billion | 3.14% | 1.23x | $153.49 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $5.20 Million |
| Samhwa Paint (000390) | $120.78 Billion | 8.80% | 1.21x | $158.92 Million |
| Kangnam Jevisco Co Ltd (000860) | $484.92 Billion | 4.78% | 0.21x | $148.36 Million |
| Paik Kwang Ind (001340) | $189.54 Billion | 7.86% | 0.90x | $219.31 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $46.56 Million |
| Songwon Industrial (004430) | $202.35 Billion | 10.96% | 2.28x | $257.79 Million |
| Cho Kwang Pain (004910) | $150.26 Billion | 11.15% | 0.61x | $33.78 Million |
About 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