LB Lusem Co. Ltd.
LB Lusem Co., Ltd. manufactures and sells driver integrated circuits (ICs) and active optical cable connectors for flat panel displays. It manufactures ICs based on bump, chip on film, and back grinding back metal technologies, as well as provides wafer test services. The company was formerly known as Lusem Co., Ltd. and changed its name to LB Lusem Co., Ltd. in February 2018. The company was fou… Read more
LB Lusem Co. Ltd. (376190) - Net Assets
Latest net assets as of September 2024: ₩205.65 Billion KRW
Based on the latest financial reports, LB Lusem Co. Ltd. (376190) has net assets worth ₩205.65 Billion KRW as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩238.42 Billion) and total liabilities (₩32.77 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 | ₩205.65 Billion |
| % of Total Assets | 86.26% |
| Annual Growth Rate | 19.82% |
| 5-Year Change | 107.94% |
| 10-Year Change | N/A |
| Growth Volatility | 22.51 |
LB Lusem Co. Ltd. - Net Assets Trend (2018–2023)
This chart illustrates how LB Lusem 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 LB Lusem Co. Ltd. (2018–2023)
The table below shows the annual net assets of LB Lusem Co. Ltd. from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩203.58 Billion | +0.56% |
| 2022-12-31 | ₩202.44 Billion | +7.03% |
| 2021-12-31 | ₩189.14 Billion | +64.65% |
| 2020-12-31 | ₩114.88 Billion | +17.33% |
| 2019-12-31 | ₩97.91 Billion | +18.77% |
| 2018-12-31 | ₩82.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LB Lusem 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 95.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩132.47 Billion | 65.07% |
| Other Components | ₩71.12 Billion | 34.93% |
| Total Equity | ₩203.58 Billion | 100.00% |
LB Lusem Co. Ltd. Competitors by Market Cap
The table below lists competitors of LB Lusem Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Display Tech Co. Ltd
KQ:066670
|
$17.07 Million |
|
Firm Capital Apartment Real Estate Investment Trust
PINK:FCAFF
|
$17.07 Million |
|
Phosco Ltd
AU:PHO
|
$17.08 Million |
|
Rigolleau SA
BA:RIGO
|
$17.09 Million |
|
Sangsin Brake
KO:041650
|
$17.06 Million |
|
NTF Intergroup (Thailand) Public Company Limited
BK:NTF
|
$17.05 Million |
|
Zhong An Group Limited
F:35Z
|
$17.05 Million |
|
Chang Ho Fibre Corp
TW:1468
|
$17.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LB Lusem Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 202,441,845,930 to 203,581,113,170, a change of 1,139,267,240 (0.6%).
- Net income of 1,189,351,030 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.19 Billion | +0.58% |
| Other Changes | ₩-50.08 Million | -0.02% |
| Total Change | ₩- | 0.56% |
Book Value vs Market Value Analysis
This analysis compares LB Lusem 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: 0.50x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.24x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩3350.95 | ₩4165.00 | x |
| 2019-12-31 | ₩3979.89 | ₩4165.00 | x |
| 2020-12-31 | ₩4669.77 | ₩4165.00 | x |
| 2021-12-31 | ₩7688.55 | ₩4165.00 | x |
| 2022-12-31 | ₩8229.34 | ₩4165.00 | x |
| 2023-12-31 | ₩8275.66 | ₩4165.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LB Lusem 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): 0.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.16x
- Recent ROE (0.58%) is below the historical average (10.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 16.48% | 9.79% | 1.00x | 1.68x | ₩5.34 Billion |
| 2019 | 15.83% | 9.14% | 0.99x | 1.75x | ₩5.71 Billion |
| 2020 | 14.89% | 8.15% | 1.26x | 1.45x | ₩5.62 Billion |
| 2021 | 9.88% | 8.02% | 0.98x | 1.26x | ₩-222.33 Million |
| 2022 | 6.10% | 6.08% | 0.86x | 1.17x | ₩-7.89 Billion |
| 2023 | 0.58% | 0.72% | 0.70x | 1.16x | ₩-19.17 Billion |
Industry Comparison
This section compares LB Lusem Co. Ltd.'s net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $128,266,771,899
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LB Lusem Co. Ltd. (376190) | ₩205.65 Billion | 16.48% | 0.16x | $17.07 Million |
| D I Corp (003160) | $167.74 Billion | 0.65% | 0.91x | $431.82 Million |
| Samick Thk (004380) | $79.31 Billion | 5.11% | 0.99x | $42.11 Million |
| PSMC CO. Ltd (024850) | $22.26 Billion | -14.70% | 0.84x | $196.26 Million |
| Mirae Corporation (025560) | $38.02 Billion | 0.00% | 1.53x | $27.97 Million |
| MK Electron Co. Ltd (033160) | $352.21 Billion | 7.86% | 4.63x | $116.29 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $27.88 Million |
| Nepes Corporation (033640) | $120.68 Billion | 0.00% | 0.99x | $198.76 Million |
| EO Technics Co. Ltd (039030) | $163.17 Billion | 20.30% | 0.48x | $2.23 Billion |
| Hanmi Semicon (042700) | $127.29 Billion | 5.51% | 0.44x | $8.58 Billion |
| Gigalane Co Ltd (049080) | $64.66 Billion | -20.68% | 1.35x | $19.35 Million |