LK CHEM
LK CHEM Co., Ltd., a technology-oriented company, engages in the silicon chemical material business in South Korea. It offers semiconductor chemicals, functional hair resins, and perovskite precursors; and chemical products, including acrylic acid, ethyl acrylate, butyl acrylate, 2-ethyl hexyl acrylate, methacrylic acid, methyl methacrylate, n-butyl methacrylate, i-butyl methacrylate, 2-hydroxyet… Read more
LK CHEM (489500) - Net Assets
Latest net assets as of September 2025: ₩58.22 Billion KRW
Based on the latest financial reports, LK CHEM (489500) has net assets worth ₩58.22 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 (₩64.83 Billion) and total liabilities (₩6.60 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 | ₩58.22 Billion |
| % of Total Assets | 89.81% |
| Annual Growth Rate | 99.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.1 |
LK CHEM - Net Assets Trend (2022–2024)
This chart illustrates how LK CHEM's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LK CHEM (2022–2024)
The table below shows the annual net assets of LK CHEM from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩34.41 Billion | +193.90% |
| 2023-12-31 | ₩11.71 Billion | +35.71% |
| 2022-12-31 | ₩8.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LK CHEM'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 116.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩18.47 Billion | 53.68% |
| Common Stock | ₩524.81 Million | 1.53% |
| Other Components | ₩15.41 Billion | 44.80% |
| Total Equity | ₩34.41 Billion | 100.00% |
LK CHEM Competitors by Market Cap
The table below lists competitors of LK CHEM ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invictus Energy Limited
OTCQB:IVCTF
|
$57.21 Million |
|
Bulten AB
ST:BULTEN
|
$57.24 Million |
|
Guardian Metal Resources PLC
OTCQX:GMTLF
|
$57.28 Million |
|
FELIX Gold Ltd
AU:FXG
|
$57.29 Million |
|
Lee Ku Ind
KO:025820
|
$57.19 Million |
|
Mgame Corp
KQ:058630
|
$57.18 Million |
|
Pembangunan Perumahan PT
JK:PTPP
|
$57.18 Million |
|
Hiap Teck Venture Bhd
KLSE:5072
|
$57.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LK CHEM's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,707,006,190 to 34,407,134,870, a change of 22,700,128,680 (193.9%).
- Net income of 6,849,935,210 contributed positively to equity growth.
- Share repurchases of 6,175,000 reduced equity.
- New share issuances of 6,175,000 increased equity.
- Other factors increased equity by 15,850,193,470.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.85 Billion | +19.91% |
| Share Repurchases | ₩6.17 Million | -0.02% |
| Share Issuances | ₩6.17 Million | +0.02% |
| Other Changes | ₩15.85 Billion | +46.07% |
| Total Change | ₩- | 193.90% |
Book Value vs Market Value Analysis
This analysis compares LK CHEM'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: 6.50x
- 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 25.91x to 6.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩1374.09 | ₩35600.00 | x |
| 2023-12-31 | ₩1864.75 | ₩35600.00 | x |
| 2024-12-31 | ₩5480.54 | ₩35600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LK CHEM 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): 19.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.35%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.20x
- Recent ROE (19.91%) is below the historical average (30.20%), 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 | 41.81% | 26.24% | 0.79x | 2.02x | ₩2.74 Billion |
| 2023 | 28.89% | 22.16% | 0.47x | 2.80x | ₩2.21 Billion |
| 2024 | 19.91% | 27.35% | 0.61x | 1.20x | ₩3.41 Billion |
Industry Comparison
This section compares LK CHEM's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $729,340,395,312
- Average return on equity (ROE) among peers: 5.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LK CHEM (489500) | ₩58.22 Billion | 41.81% | 0.11x | $57.20 Million |
| DL Holdings CO. LTD. (000210) | $4.53 Trillion | 19.10% | 0.84x | $381.57 Million |
| Norooholdings (000320) | $402.45 Billion | 6.30% | 1.12x | $45.80 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $60.77 Million |
| Samhwa Paint (000390) | $299.72 Billion | 1.87% | 0.96x | $86.24 Million |
| Kangnam Jevisco Co Ltd (000860) | $366.15 Billion | 10.97% | 0.26x | $58.42 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $113.44 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $30.02 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $79.87 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $17.90 Million |
| Cosmoam&T (005070) | $147.00 Billion | -3.99% | 0.78x | $305.37 Million |