LK CHEM Net Assets
LK CHEM net assets. Based on the latest financial reports, LK CHEM (489500) has net assets worth ₩59.59 Billion KRW (≈ $40.38 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩66.12 Billion ≈ $44.81 Million USD) and total liabilities (₩6.53 Billion ≈ $4.43 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. Also explore how fast is LK CHEM growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩59.59 Billion |
| % of Total Assets | 90.12% |
| Annual Growth Rate | 90.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 67.5 |
Net Assets of LK CHEM (2022–2025)
Net assets of LK CHEM from 2022 to 2025. This chart illustrates how LK CHEM's net assets have evolved over time, based on quarterly financial data. See net asset quality index of LK CHEM to measure how much of total assets are equity-financed.
Annual Net Assets for LK CHEM (2022–2025)
The table below shows the annual net assets of LK CHEM from 2022 to 2025. For live market cap and overall valuation, see 489500 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩59.59 Billion ≈ $40.38 Million |
+73.19% |
| 2024-12-31 | ₩34.41 Billion ≈ $23.32 Million |
+193.90% |
| 2023-12-31 | ₩11.71 Billion ≈ $7.93 Million |
+35.71% |
| 2022-12-31 | ₩8.63 Billion ≈ $5.85 Million |
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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 167.5% over the analyzed period, indicating profitable operations and earnings retention.
LK CHEM Net Assets Breakdown (December 2025)
LK CHEM net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩22.82 Billion | 38.30% |
| Other Components | ₩36.76 Billion | 61.70% |
| Total Equity | ₩59.59 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 |
|---|---|
|
Novogenia AG
XETRA:7V0
|
$84.00 Million |
|
Phenixfin Corporation
NASDAQ:PFX
|
$84.00 Million |
|
Immutep Ltd ADR
NASDAQ:IMMP
|
$84.03 Million |
|
Viet Nam Power Development JSC
VN:VPD
|
$84.03 Million |
|
Nova Minerals Limited
NYSE MKT:NVA
|
$83.98 Million |
|
Silvercrest Asset Management Group Inc
NASDAQ:SAMG
|
$83.95 Million |
|
Byrna Technologies Inc
NASDAQ:BYRN
|
$83.91 Million |
|
Compagnie Industrielle et Financière d'Entreprises SA
PA:INFE
|
$83.88 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 2024 to 2025, total equity changed from 34,407,134,870 to 59,586,028,350, a change of 25,178,893,480 (73.2%).
- Net income of 4,353,034,920 contributed positively to equity growth.
- New share issuances of 20,529,300,600 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.35 Billion | +7.31% |
| Share Issuances | ₩20.53 Billion | +34.45% |
| Other Changes | ₩296.56 Million | +0.5% |
| Total Change | ₩- | 73.18% |
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: 2.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 14.37x to 2.08x 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 | ₩19740.00 | x |
| 2023-12-31 | ₩1864.75 | ₩19740.00 | x |
| 2024-12-31 | ₩5480.54 | ₩19740.00 | x |
| 2025-12-31 | ₩9491.16 | ₩19740.00 | 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): 7.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.57%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.11x
- Recent ROE (7.31%) is below the historical average (24.48%), 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 |
| 2025 | 7.31% | 21.57% | 0.31x | 1.11x | ₩-1.61 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: $1,297,452,632,240
- Average return on equity (ROE) among peers: 4.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LK CHEM (489500) | ₩59.59 Billion | 41.81% | 0.11x | $83.98 Million |
| DL Holdings CO. LTD. (000210) | $4.79 Trillion | 1.87% | 1.62x | $626.95 Million |
| DL Holdings Co Ltd Preferred (000215) | $6.05 Trillion | 10.68% | 1.12x | $23.85 Million |
| Norooholdings (000320) | $583.54 Billion | 0.27% | 0.81x | $99.04 Million |
| Noroo Holdings Co Ltd (000325) | $402.45 Billion | 6.47% | 1.12x | $4.49 Million |
| Samhwa Paint (000390) | $250.86 Billion | 11.61% | 0.90x | $107.63 Million |
| Kangnam Jevisco Co Ltd (000860) | $208.80 Billion | 9.05% | 0.39x | $107.39 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $130.75 Million |
| Bo Lak (002760) | $43.22 Billion | 2.87% | 0.20x | $38.85 Million |
| Songwon Industrial (004430) | $275.02 Billion | 3.65% | 2.16x | $170.78 Million |
| Cho Kwang Pain (004910) | $169.73 Billion | -4.27% | 1.27x | $20.32 Million |
About 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