LEMON Co. Ltd
LEMON Co., Ltd. develops and manufactures nanofibers in South Korea. The company provides sanitary pad, mask, breast pad, sanitary panties, and waterproof apron under the Air Queen brand. It also offers functional fiber, mask filters, beauty masks, protective clothing, and fruit bag. In addition, the company manufactures and sells EMI, heat dissipation, electromagnetic wave shielding parts, shiel… Read more
LEMON Co. Ltd (294140) - Net Assets
Latest net assets as of September 2025: ₩13.08 Billion KRW
Based on the latest financial reports, LEMON Co. Ltd (294140) has net assets worth ₩13.08 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 (₩27.82 Billion) and total liabilities (₩14.74 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 | ₩13.08 Billion |
| % of Total Assets | 47.02% |
| Annual Growth Rate | 35.93% |
| 5-Year Change | -79.64% |
| 10-Year Change | N/A |
| Growth Volatility | 603.56 |
LEMON Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how LEMON 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 LEMON Co. Ltd (2017–2024)
The table below shows the annual net assets of LEMON Co. Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩12.25 Billion | -27.51% |
| 2023-12-31 | ₩16.90 Billion | +43.25% |
| 2022-12-31 | ₩11.80 Billion | -58.10% |
| 2021-12-31 | ₩28.16 Billion | -53.21% |
| 2020-12-31 | ₩60.17 Billion | +217.61% |
| 2019-12-31 | ₩18.95 Billion | -27.22% |
| 2018-12-31 | ₩26.03 Billion | +1721.76% |
| 2017-12-31 | ₩1.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LEMON 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 6964888790000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩10.50 Billion | 85.70% |
| Other Components | ₩90.68 Billion | 740.13% |
| Total Equity | ₩12.25 Billion | 100.00% |
LEMON Co. Ltd Competitors by Market Cap
The table below lists competitors of LEMON Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wooshin System
KO:017370
|
$25.02 Million |
|
Veem Ltd
AU:VEE
|
$25.03 Million |
|
KONG SUN (BL25000)
F:KOJ5
|
$25.03 Million |
|
PT MEDIA NUSANTARA CITRA
F:5M2
|
$25.03 Million |
|
CTK Co. Ltd
KQ:260930
|
$25.01 Million |
|
Maniker
KO:027740
|
$25.01 Million |
|
H-FARM SPA
F:5JQ
|
$25.01 Million |
|
NEORIGIN Co. Ltd
KQ:094860
|
$25.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LEMON Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,900,047,110 to 12,251,661,600, a change of -4,648,385,510 (-27.5%).
- Net loss of 4,684,326,080 reduced equity.
- Share repurchases of 18,888,970 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.68 Billion | -38.23% |
| Share Repurchases | ₩18.89 Million | -0.15% |
| Other Changes | ₩54.83 Million | +0.45% |
| Total Change | ₩- | -27.51% |
Book Value vs Market Value Analysis
This analysis compares LEMON 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: 6.27x
- 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 106.07x to 6.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩34.50 | ₩3660.00 | x |
| 2018-12-31 | ₩856.29 | ₩3660.00 | x |
| 2019-12-31 | ₩623.20 | ₩3660.00 | x |
| 2020-12-31 | ₩1744.16 | ₩3660.00 | x |
| 2021-12-31 | ₩716.81 | ₩3660.00 | x |
| 2022-12-31 | ₩300.35 | ₩3660.00 | x |
| 2023-12-31 | ₩402.38 | ₩3660.00 | x |
| 2024-12-31 | ₩583.57 | ₩3660.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LEMON 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): -38.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.27%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.64x
- Recent ROE (-38.23%) is below the historical average (19.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 607.52% | 21.53% | 2.49x | 11.31x | ₩8.54 Billion |
| 2018 | -9.13% | -7.56% | 0.87x | 1.39x | ₩-4.98 Billion |
| 2019 | -48.93% | -18.67% | 0.50x | 5.19x | ₩-11.17 Billion |
| 2020 | 20.70% | 15.54% | 0.81x | 1.64x | ₩6.44 Billion |
| 2021 | -184.72% | -155.64% | 0.73x | 1.62x | ₩-54.83 Billion |
| 2022 | -138.66% | -41.13% | 1.43x | 2.35x | ₩-17.54 Billion |
| 2023 | -54.08% | -87.24% | 0.37x | 1.69x | ₩-10.83 Billion |
| 2024 | -38.23% | -64.27% | 0.36x | 1.64x | ₩-5.91 Billion |
Industry Comparison
This section compares LEMON Co. Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $275,402,800,352
- Average return on equity (ROE) among peers: -0.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LEMON Co. Ltd (294140) | ₩13.08 Billion | 607.52% | 1.13x | $25.01 Million |
| Kyungbangco.Ltd (000050) | $741.93 Billion | 1.76% | 0.70x | $50.48 Million |
| Chonbang (000950) | $155.64 Billion | 1.69% | 0.95x | $24.13 Million |
| Silla Textile Co.Ltd (001000) | $13.37 Billion | -20.43% | 1.52x | $8.50 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $8.71 Million |
| DI Dong Il Corp (001530) | $561.11 Billion | 0.00% | 0.64x | $232.14 Million |
| Ilshin Spinnin (003200) | $306.82 Billion | 2.19% | 0.49x | $77.92 Million |
| Pang Rim Spinn (003610) | $180.57 Billion | 3.72% | 0.27x | $56.13 Million |
| Daehan Synthet (003830) | $533.41 Billion | 4.22% | 0.14x | $27.66 Million |
| Duksung (004830) | $65.34 Billion | 0.80% | 0.61x | $35.90 Million |
| Duksung Co Ltd (004835) | $63.50 Billion | 0.82% | 0.53x | $46.93 Million |