Lenovo Group Limited (LHL1) - Net Assets
Based on the latest financial reports, Lenovo Group Limited (LHL1) has net assets worth €7.49 Billion EUR (≈ $8.76 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€49.83 Billion ≈ $58.26 Billion USD) and total liabilities (€42.34 Billion ≈ $49.50 Billion 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. Check Lenovo Group Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.49 Billion |
| % of Total Assets | 15.03% |
| Annual Growth Rate | 6.27% |
| 5-Year Change | 84.46% |
| 10-Year Change | N/A |
| Growth Volatility | 17.89 |
Lenovo Group Limited - Net Assets Trend (2017–2025)
This chart illustrates how Lenovo Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Lenovo Group Limited for the complete picture of this company's asset base.
Annual Net Assets for Lenovo Group Limited (2017–2025)
The table below shows the annual net assets of Lenovo Group Limited from 2017 to 2025. For live valuation and market cap data, see Lenovo Group Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €6.66 Billion ≈ $7.79 Billion |
+9.52% |
| 2024-03-31 | €6.08 Billion ≈ $7.11 Billion |
+0.57% |
| 2023-03-31 | €6.05 Billion ≈ $7.07 Billion |
+12.09% |
| 2022-03-31 | €5.39 Billion ≈ $6.31 Billion |
+49.42% |
| 2021-03-31 | €3.61 Billion ≈ $4.22 Billion |
-11.06% |
| 2020-03-31 | €4.06 Billion ≈ $4.75 Billion |
-0.92% |
| 2019-03-31 | €4.10 Billion ≈ $4.79 Billion |
-9.88% |
| 2018-03-31 | €4.55 Billion ≈ $5.31 Billion |
+11.01% |
| 2017-03-31 | €4.10 Billion ≈ $4.79 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Lenovo Group Limited'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 252.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €5.97 Billion | 98.39% |
| Other Components | €97.41 Million | 1.61% |
| Total Equity | €6.07 Billion | 100.00% |
Lenovo Group Limited Competitors by Market Cap
The table below lists competitors of Lenovo Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Computershare Ltd
AU:CPU
|
$12.58 Billion |
|
Best Buy Co. Inc
NYSE:BBY
|
$12.58 Billion |
|
Turkiye Garanti Bankasi A.S.
IS:GARAN
|
$12.59 Billion |
|
Ally Financial Inc
NYSE:ALLY
|
$12.59 Billion |
|
HDFC Asset Management Company Limited
NSE:HDFCAMC
|
$12.56 Billion |
|
Prada S.p.A.
F:PRP
|
$12.56 Billion |
|
Postal Savings Bank of China Co Ltd
F:3YB
|
$12.54 Billion |
|
VERBUND AG ADR 1/5/O.N.
F:OEW
|
$12.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lenovo Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,582,593,000 to 6,068,987,000, a change of 486,394,000 (8.7%).
- Net income of 1,384,445,000 contributed positively to equity growth.
- Dividend payments of 608,351,000 reduced retained earnings.
- Other factors decreased equity by 248,963,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.38 Billion | +22.81% |
| Dividends Paid | €608.35 Million | -10.02% |
| Other Changes | €-248.96 Million | -4.1% |
| Total Change | €- | 8.71% |
Book Value vs Market Value Analysis
This analysis compares Lenovo Group Limited'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: 50.69x
- 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 67.73x to 50.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €0.37 | €24.80 | x |
| 2018-03-31 | €0.38 | €24.80 | x |
| 2019-03-31 | €0.37 | €24.80 | x |
| 2020-03-31 | €0.35 | €24.80 | x |
| 2021-03-31 | €0.30 | €24.80 | x |
| 2022-03-31 | €0.41 | €24.80 | x |
| 2023-03-31 | €0.46 | €24.80 | x |
| 2024-03-31 | €0.45 | €24.80 | x |
| 2025-03-31 | €0.49 | €24.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lenovo Group Limited 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): 22.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.00%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 7.29x
- Recent ROE (22.81%) is above the historical average (20.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.20% | 1.25% | 1.58x | 6.68x | €130.23 Million |
| 2018 | -3.01% | -0.30% | 1.59x | 6.31x | €-586.87 Million |
| 2019 | 14.81% | 1.27% | 1.70x | 6.83x | €211.09 Million |
| 2020 | 17.15% | 1.42% | 1.58x | 7.67x | €299.73 Million |
| 2021 | 34.02% | 1.99% | 1.60x | 10.67x | €854.94 Million |
| 2022 | 40.67% | 2.83% | 1.61x | 8.92x | €1.53 Billion |
| 2023 | 28.77% | 2.60% | 1.59x | 6.97x | €1.05 Billion |
| 2024 | 18.10% | 1.78% | 1.47x | 6.94x | €452.25 Million |
| 2025 | 22.81% | 2.00% | 1.56x | 7.29x | €777.55 Million |
Industry Comparison
This section compares Lenovo Group Limited's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $422,591,096,997
- Average return on equity (ROE) among peers: -394.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lenovo Group Limited (LHL1) | €7.49 Billion | 13.20% | 5.65x | $12.57 Billion |
| Legend Holdings Corporation (1PC) | $97.65 Billion | 0.14% | 6.13x | $1.47 Billion |
| Nano Dimension Ltd (2N5B) | $1.34 Billion | -14.94% | 0.03x | $295.80 Million |
| CORELENS S.A. ZY -10 (9GK) | $324.09K | -3602.33% | 64.29x | $643.62K |
| Asetek A/S (A31) | $39.01 Million | -1.61% | 0.39x | $77.45 Million |
| Acer Incorporated (AC5G) | $59.20 Billion | 4.45% | 1.64x | $2.65 Billion |
| Cherry AG (C3RY) | $25.00K | 0.00% | 0.00x | $12.19 Million |
| Canon Inc (CNNA) | $3.65 Trillion | 4.39% | 0.58x | $18.07 Billion |
| Hyrican Informationssysteme Aktiengesellschaft (HYI) | $24.54 Million | 0.84% | 0.38x | $24.25 Million |
| ParTec AG (JY0) | $19.94 Million | 56.16% | 2.76x | $128.80 Million |
About Lenovo Group Limited
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, servers and workstations, and smartphones, as well as laptops, desktops, tablets, monitors,… Read more