Lake Materials Co. Ltd. (281740) - Net Assets
Based on the latest financial reports, Lake Materials Co. Ltd. (281740) has net assets worth ₩128.79 Billion KRW (≈ $87.28 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩357.17 Billion ≈ $242.05 Million USD) and total liabilities (₩228.38 Billion ≈ $154.77 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 281740 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩128.79 Billion |
| % of Total Assets | 36.06% |
| Annual Growth Rate | 23.02% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.46 |
Lake Materials Co. Ltd. - Net Assets Trend (2022–2024)
This chart illustrates how Lake Materials Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See 281740 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lake Materials Co. Ltd. (2022–2024)
The table below shows the annual net assets of Lake Materials Co. Ltd. from 2022 to 2024. For live valuation and market cap data, see market cap of Lake Materials Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ₩130.30 Billion ≈ $88.30 Million |
+18.66% |
| 2023-09-30 | ₩109.81 Billion ≈ $74.42 Million |
+27.58% |
| 2022-09-30 | ₩86.08 Billion ≈ $58.33 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lake Materials 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 87.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩94.31 Billion | 72.38% |
| Common Stock | ₩6.57 Billion | 5.04% |
| Other Components | ₩29.41 Billion | 22.57% |
| Total Equity | ₩130.30 Billion | 100.00% |
Lake Materials Co. Ltd. Competitors by Market Cap
The table below lists competitors of Lake Materials Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhengzhou Coal Industry & Electric Power Co Ltd
SHG:600121
|
$727.43 Million |
|
Mobilicom Limited Warrants
NASDAQ:MOBBW
|
$727.58 Million |
|
Sunway Co Ltd
SHG:603333
|
$727.59 Million |
|
Thai Vegetable Oil Public Company Limited
BK:TVO
|
$727.76 Million |
|
Sichuan Tianyi Comheart Telecom Co Ltd Class A
SHE:300504
|
$727.35 Million |
|
Nanjing Hongbaoli Corp Ltd
SHE:002165
|
$727.33 Million |
|
Chongqing Changan Automobile Co Ltd
SHE:200625
|
$727.17 Million |
|
Hite Jinro
KO:000080
|
$727.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lake Materials Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 109,813,553,810 to 130,301,310,480, a change of 20,487,756,670 (18.7%).
- Net income of 20,867,707,390 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.87 Billion | +16.01% |
| Other Changes | ₩-379.95 Million | -0.29% |
| Total Change | ₩- | 18.66% |
Book Value vs Market Value Analysis
This analysis compares Lake Materials 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: 8.24x
- 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 12.47x to 8.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | ₩1309.52 | ₩16330.00 | x |
| 2023-09-30 | ₩1670.66 | ₩16330.00 | x |
| 2024-09-30 | ₩1982.36 | ₩16330.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lake Materials 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): 16.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.04%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.70x
- Recent ROE (16.01%) is below the historical average (23.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 31.38% | 20.54% | 0.62x | 2.48x | ₩18.40 Billion |
| 2023 | 21.97% | 20.49% | 0.39x | 2.73x | ₩13.15 Billion |
| 2024 | 16.01% | 15.04% | 0.39x | 2.70x | ₩7.84 Billion |
Industry Comparison
This section compares Lake Materials Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $857,047,833,272
- Average return on equity (ROE) among peers: 6.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lake Materials Co. Ltd. (281740) | ₩128.79 Billion | 31.38% | 1.77x | $727.41 Million |
| DL Holdings CO. LTD. (000210) | $1.84 Trillion | 11.74% | 1.01x | $743.27 Million |
| DL Holdings Co Ltd Preferred (000215) | $4.53 Trillion | 19.10% | 0.84x | $26.71 Million |
| Norooholdings (000320) | $577.52 Billion | 7.38% | 0.71x | $124.67 Million |
| Noroo Holdings Co Ltd (000325) | $439.84 Billion | 5.41% | 1.05x | $4.45 Million |
| Samhwa Paint (000390) | $292.41 Billion | 0.67% | 0.85x | $110.32 Million |
| Kangnam Jevisco Co Ltd (000860) | $208.80 Billion | 9.05% | 0.39x | $114.97 Million |
| Paik Kwang Ind (001340) | $177.23 Billion | 5.72% | 0.82x | $174.73 Million |
| Bo Lak (002760) | $40.01 Billion | -0.43% | 0.24x | $38.36 Million |
| Songwon Industrial (004430) | $286.72 Billion | 7.18% | 2.01x | $165.41 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $25.59 Million |
About Lake Materials Co. Ltd.
Lake Materials Co., Ltd. develops and manufactures organometallic compounds that are used as materials for semiconductors, displays, solar applications, in South Korea. The company offers electronic materials for various semiconductors, displays, and LEDs; metallocene compound; and catalysts for petrochemical industries. Its products include trimethylgallium, trimethylaluminum, and trimethylindiu… Read more