LET co. Ltd (297890) - Total Assets
Based on the latest financial reports, LET co. Ltd (297890) holds total assets worth ₩329.28 Billion KRW (≈ $223.15 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check LET co. Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
LET co. Ltd - Total Assets Trend (2018–2025)
This chart illustrates how LET co. Ltd's total assets have evolved over time, based on quarterly financial data. Check 297890 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
LET co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
LET co. Ltd's total assets of ₩329.28 Billion consist of 24.2% current assets and 75.8% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 19.0% |
| Accounts Receivable | ₩4.17 Billion | 1.4% |
| Inventory | ₩5.65 Billion | 1.8% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩3.03 Billion | 1.0% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how LET co. Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 297890 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: LET co. Ltd's current assets represent 24.2% of total assets in 2025, a decrease from 143.1% in 2018.
- Cash Position: Cash and equivalents constituted 19.0% of total assets in 2025, down from 41.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 1.8% of total assets.
LET co. Ltd Competitors by Total Assets
Key competitors of LET co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Everbest Machinery Indus
SHE:002980
|
China | CN¥1.50 Billion |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
China | CN¥827.96 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
China | CN¥1.29 Billion |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
China | CN¥850.85 Million |
|
Crest Group Berhad
KLSE:0323
|
Malaysia | RM108.87 Million |
|
X2M Connect Ltd
AU:X2M
|
Australia | AU$4.78 Million |
|
Codan Ltd
AU:CDA
|
Australia | AU$912.27 Million |
|
Catapult Group International Ltd
AU:CAT
|
Australia | AU$218.31 Million |
LET co. Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.67 | 2.20 | 30.42 |
| Quick Ratio | 1.58 | 1.96 | 29.07 |
| Cash Ratio | 0.00 | 0.00 | 14.58 |
| Working Capital | ₩42.36 Billion | ₩45.87 Billion | ₩44.98 Billion |
LET co. Ltd - Advanced Valuation Insights
This section examines the relationship between LET co. Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.50 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.3% |
| Total Assets | ₩308.90 Billion |
| Market Capitalization | $95.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values LET co. Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: LET co. Ltd's assets grew by 5.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for LET co. Ltd (2018–2025)
The table below shows the annual total assets of LET co. Ltd from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₩308.90 Billion ≈ $209.34 Million |
+5.31% |
| 2024-12-31 | ₩293.33 Billion ≈ $198.78 Million |
-1.58% |
| 2023-12-31 | ₩298.05 Billion ≈ $201.98 Million |
+38.92% |
| 2022-12-31 | ₩214.55 Billion ≈ $145.39 Million |
+34.89% |
| 2021-12-31 | ₩159.05 Billion ≈ $107.78 Million |
+140.93% |
| 2020-12-31 | ₩66.01 Billion ≈ $44.74 Million |
+23.16% |
| 2019-12-31 | ₩53.60 Billion ≈ $36.33 Million |
+35.16% |
| 2018-12-31 | ₩39.66 Billion ≈ $26.88 Million |
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About LET co. Ltd
HB SOLUTION Co., Ltd. manufactures and sells module process display manufacturing equipment and automation system for display industry in South Korea and internationally. The company offers inspection and measuring equipment; and mass production equipment. HB SOLUTION Co., Ltd. was formerly known as Korea Materials & Analysis Corp. and changed its name to HB SOLUTION Co., Ltd. in July 2021. The c… Read more