L&C Bio Co. Ltd

KQ:290650 Korea Medical Devices
Market Cap
$1.34 Billion
₩1.96 Trillion KRW
Market Cap Rank
#8025 Global
#187 in Korea
Share Price
₩79800.00
Change (1 day)
+0.38%
52-Week Range
₩18950.00 - ₩118300.00
All Time High
₩118300.00
About

L&C Bio Co., Ltd operates as a research and development company in tissue regeneration medicine. The company offers pharmaceuticals, human tissue, medical device, and cosmetics products. L&C Bio Co., Ltd was founded in 2011 and is headquartered in Seongnam-si, South Korea.

L&C Bio Co. Ltd (290650) - Net Assets

Latest net assets as of September 2025: ₩266.71 Billion KRW

Based on the latest financial reports, L&C Bio Co. Ltd (290650) has net assets worth ₩266.71 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 (₩497.94 Billion) and total liabilities (₩231.24 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 ₩266.71 Billion
% of Total Assets 53.56%
Annual Growth Rate 60.98%
5-Year Change 391.91%
10-Year Change N/A
Growth Volatility 67.08

L&C Bio Co. Ltd - Net Assets Trend (2015–2024)

This chart illustrates how L&C Bio 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 L&C Bio Co. Ltd (2015–2024)

The table below shows the annual net assets of L&C Bio Co. Ltd from 2015 to 2024.

Year Net Assets Change
2024-12-31 ₩284.35 Billion +93.51%
2023-12-31 ₩146.94 Billion +50.02%
2022-12-31 ₩97.95 Billion +15.21%
2021-12-31 ₩85.02 Billion +47.08%
2020-12-31 ₩57.81 Billion -0.65%
2019-12-31 ₩58.18 Billion +10.90%
2018-12-31 ₩52.46 Billion +212.04%
2017-12-31 ₩16.81 Billion +67.80%
2016-12-31 ₩10.02 Billion +156.07%
2015-12-31 ₩3.91 Billion --

Equity Component Analysis

This analysis shows how different components contribute to L&C Bio 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 8671.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩222.20 Billion 78.14%
Common Stock ₩11.39 Billion 4.01%
Other Components ₩50.77 Billion 17.85%
Total Equity ₩284.35 Billion 100.00%

L&C Bio Co. Ltd Competitors by Market Cap

The table below lists competitors of L&C Bio Co. Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in L&C Bio Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 146,944,834,680 to 284,353,383,380, a change of 137,408,548,700 (93.5%).
  • Net income of 141,064,260,550 contributed positively to equity growth.
  • Dividend payments of 2,268,489,100 reduced retained earnings.
  • Share repurchases of 1,290,000,460 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩141.06 Billion +49.61%
Dividends Paid ₩2.27 Billion -0.8%
Share Repurchases ₩1.29 Billion -0.45%
Other Changes ₩-97.22 Million -0.03%
Total Change ₩- 93.51%

Book Value vs Market Value Analysis

This analysis compares L&C Bio 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: 6.37x
  • 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 125.94x to 6.37x 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 ₩633.63 ₩79800.00 x
2017-12-31 ₩938.58 ₩79800.00 x
2018-12-31 ₩2417.28 ₩79800.00 x
2019-12-31 ₩2635.33 ₩79800.00 x
2020-12-31 ₩2640.02 ₩79800.00 x
2021-12-31 ₩3747.89 ₩79800.00 x
2022-12-31 ₩4317.94 ₩79800.00 x
2023-12-31 ₩6477.65 ₩79800.00 x
2024-12-31 ₩12534.92 ₩79800.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently L&C Bio 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): 49.61%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 195.67%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 1.67x
  • Recent ROE (49.61%) is above the historical average (21.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 30.72% 13.36% 0.99x 2.33x ₩810.77 Million
2016 19.77% 16.76% 0.75x 1.56x ₩979.17 Million
2017 22.32% 20.97% 0.87x 1.22x ₩2.07 Billion
2018 9.93% 24.52% 0.37x 1.09x ₩-38.59 Million
2019 12.46% 24.87% 0.44x 1.14x ₩1.43 Billion
2020 18.71% 32.79% 0.41x 1.39x ₩5.03 Billion
2021 16.25% 30.24% 0.43x 1.26x ₩5.31 Billion
2022 4.64% 8.64% 0.26x 2.04x ₩-5.25 Billion
2023 32.91% 73.36% 0.25x 1.78x ₩33.67 Billion
2024 49.61% 195.67% 0.15x 1.67x ₩112.63 Billion

Industry Comparison

This section compares L&C Bio Co. Ltd's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

  • Industry: Medical Devices
  • Average net assets among peers: $99,780,344,800
  • Average return on equity (ROE) among peers: 4.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
L&C Bio Co. Ltd (290650) ₩266.71 Billion 30.72% 0.87x $840.69 Million
Shinhung (004080) $91.90 Billion 13.53% 0.59x $10.78 Million
Osang Healthcare Co.,Ltd (036220) $285.75 Billion -3.98% 0.03x $37.29 Million
HansBiomed Corporation (042520) $65.30 Billion 6.15% 0.41x $246.58 Million
JVM Co. Ltd (054950) $137.36 Billion 7.60% 0.46x $117.14 Million
Huvitz Co. Ltd (065510) $121.79 Billion 7.15% 0.82x $42.98 Million
Vieworks Co. Ltd (100120) $140.80 Billion 14.75% 0.11x $100.60 Million
Corentec Co Ltd (104540) $54.32 Billion -13.58% 0.85x $40.80 Million
Hironic Co. Ltd (149980) $40.72 Billion 7.13% 0.15x $23.71 Million
Laseroptek Co., Ltd. (199550) $-3.94 Billion 0.00% 0.00x $28.16 Million
Hana Must SPAC 2 (208370) $63.80 Billion 4.94% 0.10x $47.77 Million