Luzhou Xinglu Water (Group) Co., Ltd.
Luzhou Xinglu Water (Group) Co., Ltd., together with its subsidiaries, operates as an integrated municipal water service provider in the People's Republic of China. The company operates in two segments, Tap Water Supply and Wastewater Treatment. It is involved in the water supply and wastewater treatment; construction; software development and sale; and pipeline installation activities. As of Dec… Read more
Luzhou Xinglu Water (Group) Co., Ltd. (2LX) - Net Assets
Latest net assets as of June 2025: €3.18 Billion EUR
Based on the latest financial reports, Luzhou Xinglu Water (Group) Co., Ltd. (2LX) has net assets worth €3.18 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.29 Billion) and total liabilities (€4.10 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 | €3.18 Billion |
| % of Total Assets | 43.66% |
| Annual Growth Rate | 5.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.94 |
Luzhou Xinglu Water (Group) Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Luzhou Xinglu Water (Group) 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 Luzhou Xinglu Water (Group) Co., Ltd. (2021–2024)
The table below shows the annual net assets of Luzhou Xinglu Water (Group) Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.15 Billion | +4.51% |
| 2023-12-31 | €3.01 Billion | +6.04% |
| 2022-12-31 | €2.84 Billion | +6.76% |
| 2021-12-31 | €2.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Luzhou Xinglu Water (Group) 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 40.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.56 Billion | 53.34% |
| Other Components | €1.37 Billion | 46.66% |
| Total Equity | €2.93 Billion | 100.00% |
Luzhou Xinglu Water (Group) Co., Ltd. Competitors by Market Cap
The table below lists competitors of Luzhou Xinglu Water (Group) Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woojin I&S Co Ltd
KO:010400
|
$6.85 Million |
|
Avenira Ltd
AU:AEV
|
$6.85 Million |
|
UTSTARCOM HLDGS DL-0015
F:UT5
|
$6.85 Million |
|
Envirotech Vehicles Inc
NASDAQ:EVTV
|
$6.85 Million |
|
Nuburu Inc
PINK:BURUW
|
$6.85 Million |
|
Asuransi Kresna Mitra Tbk PT
JK:ASMI
|
$6.84 Million |
|
Reef Casino Trust
AU:RCT
|
$6.84 Million |
|
Adbiotech Co. Ltd.
KQ:179530
|
$6.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Luzhou Xinglu Water (Group) Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,798,549,270 to 2,929,362,913, a change of 130,813,642 (4.7%).
- Net income of 177,238,037 contributed positively to equity growth.
- Dividend payments of 140,262,862 reduced retained earnings.
- Other factors increased equity by 93,838,468.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €177.24 Million | +6.05% |
| Dividends Paid | €140.26 Million | -4.79% |
| Other Changes | €93.84 Million | +3.2% |
| Total Change | €- | 4.67% |
Book Value vs Market Value Analysis
This analysis compares Luzhou Xinglu Water (Group) 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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €2.88 | €0.08 | x |
| 2022-12-31 | €3.07 | €0.08 | x |
| 2023-12-31 | €3.26 | €0.08 | x |
| 2024-12-31 | €3.41 | €0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Luzhou Xinglu Water (Group) 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): 6.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.32%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.45x
- Recent ROE (6.05%) is below the historical average (7.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 9.77% | 17.66% | 0.19x | 2.86x | €-5.69 Million |
| 2022 | 7.71% | 15.02% | 0.19x | 2.71x | €-60.39 Million |
| 2023 | 7.50% | 16.32% | 0.18x | 2.52x | €-69.95 Million |
| 2024 | 6.05% | 13.32% | 0.19x | 2.45x | €-115.70 Million |
Industry Comparison
This section compares Luzhou Xinglu Water (Group) Co., Ltd.'s net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $7,231,141,000
- Average return on equity (ROE) among peers: 8.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Luzhou Xinglu Water (Group) Co., Ltd. (2LX) | €3.18 Billion | 9.77% | 1.29x | $6.85 Million |
| Kangda International Environmental Company Limited (27K) | $3.69 Billion | 9.06% | 2.02x | $41.48 Million |
| Yunnan Water Investment Co. Limited (2WI) | $7.61 Billion | 4.48% | 5.21x | $3.88 Million |
| AS Tallinna Vesi (A1T) | $110.83 Million | 7.58% | 1.29x | $58.54 Million |
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SAJA) | $17.51 Billion | 14.39% | 1.26x | $11.28 Billion |