Lingbao Gold Group Company Ltd
Lingbao Gold Group Company Ltd., together with its subsidiaries, primarily engages in mining, processing, smelting, refining, and sale of gold products in the People's Republic of China. The company's products include gold bullion and concentrates, silver, copper products, sulphuric acid, and others. It holds 35 mining and exploration rights with an area of 216.04 square kilometers. The company i… Read more
Lingbao Gold Group Company Ltd (LI9) - Net Assets
Latest net assets as of June 2025: €3.94 Billion EUR
Based on the latest financial reports, Lingbao Gold Group Company Ltd (LI9) has net assets worth €3.94 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 (€9.05 Billion) and total liabilities (€5.11 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 | €3.94 Billion |
| % of Total Assets | 43.54% |
| Annual Growth Rate | 5.93% |
| 5-Year Change | 96.04% |
| 10-Year Change | 169.36% |
| Growth Volatility | 21.9 |
Lingbao Gold Group Company Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Lingbao Gold Group Company 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 Lingbao Gold Group Company Ltd (2013–2024)
The table below shows the annual net assets of Lingbao Gold Group Company Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.16 Billion | +29.62% |
| 2023-12-31 | €2.44 Billion | +28.34% |
| 2022-12-31 | €1.90 Billion | +8.60% |
| 2021-12-31 | €1.75 Billion | +8.51% |
| 2020-12-31 | €1.61 Billion | +7.19% |
| 2019-12-31 | €1.50 Billion | -22.42% |
| 2018-12-31 | €1.94 Billion | +40.05% |
| 2017-12-31 | €1.38 Billion | +31.55% |
| 2016-12-31 | €1.05 Billion | -10.31% |
| 2015-12-31 | €1.17 Billion | -30.77% |
| 2014-12-31 | €1.69 Billion | +1.03% |
| 2013-12-31 | €1.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lingbao Gold Group Company 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 171.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.83 Billion | 53.94% |
| Other Components | €1.56 Billion | 46.06% |
| Total Equity | €3.39 Billion | 100.00% |
Lingbao Gold Group Company Ltd Competitors by Market Cap
The table below lists competitors of Lingbao Gold Group Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SES S.A
PINK:SGBAF
|
$1.96 Billion |
|
Iridium Communications Inc
NASDAQ:IRDM
|
$1.96 Billion |
|
Hirogin Holdings, Inc.
PINK:HROGF
|
$1.96 Billion |
|
Beach Energy Ltd
PINK:BCHEY
|
$1.96 Billion |
|
SUZHOU KEMATEK INC
SHE:301611
|
$1.96 Billion |
|
DO & CO AG
IS:DOCO
|
$1.96 Billion |
|
Hiwin Technologies Corp
TW:2049
|
$1.96 Billion |
|
LWB1
F:LWB1
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lingbao Gold Group Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,662,151,000 to 3,385,772,000, a change of 723,621,000 (27.2%).
- Net income of 697,997,000 contributed positively to equity growth.
- Dividend payments of 80,825,000 reduced retained earnings.
- New share issuances of 111,443,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €698.00 Million | +20.62% |
| Dividends Paid | €80.83 Million | -2.39% |
| Share Issuances | €111.44 Million | +3.29% |
| Other Changes | €-4.99 Million | -0.15% |
| Total Change | €- | 27.18% |
Book Value vs Market Value Analysis
This analysis compares Lingbao Gold Group Company 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: 1.08x
- 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 1.85x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.59 | €2.94 | x |
| 2018-12-31 | €2.39 | €2.94 | x |
| 2019-12-31 | €1.91 | €2.94 | x |
| 2020-12-31 | €2.06 | €2.94 | x |
| 2021-12-31 | €2.23 | €2.94 | x |
| 2022-12-31 | €2.43 | €2.94 | x |
| 2023-12-31 | €2.25 | €2.94 | x |
| 2024-12-31 | €2.72 | €2.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lingbao Gold Group Company 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): 20.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.88%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 2.13x
- Recent ROE (20.62%) is above the historical average (0.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -40.48% | -8.48% | 1.18x | 4.04x | €-839.71 Million |
| 2014 | 1.99% | 0.52% | 0.91x | 4.21x | €-135.94 Million |
| 2015 | -37.90% | -8.03% | 0.77x | 6.16x | €-584.11 Million |
| 2016 | -6.92% | -1.28% | 0.81x | 6.69x | €-189.37 Million |
| 2017 | 6.52% | 1.35% | 0.74x | 6.49x | €-42.56 Million |
| 2018 | 38.53% | 21.05% | 0.46x | 3.97x | €589.52 Million |
| 2019 | -14.13% | -3.97% | 0.99x | 3.59x | €-398.74 Million |
| 2020 | 5.03% | 1.60% | 0.84x | 3.76x | €-88.61 Million |
| 2021 | 6.74% | 2.44% | 0.76x | 3.63x | €-62.88 Million |
| 2022 | 11.42% | 2.37% | 1.47x | 3.28x | €29.78 Million |
| 2023 | 11.95% | 3.02% | 1.54x | 2.57x | €51.87 Million |
| 2024 | 20.62% | 5.88% | 1.64x | 2.13x | €359.42 Million |
Industry Comparison
This section compares Lingbao Gold Group Company Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $9,887,335
- Average return on equity (ROE) among peers: -109.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lingbao Gold Group Company Ltd (LI9) | €3.94 Billion | -40.48% | 1.30x | $1.96 Billion |
| Pearl Gold AG (02P) | $12.95 Million | -4.16% | 0.03x | $8.89 Million |
| McLaren Resources Inc (3ML) | $487.64K | -207.86% | 0.10x | $3.94 Million |
| 4LE (4LE) | $1.51 Million | -86.82% | 0.36x | $2.28 Million |
| 5EV0 (5EV0) | $61.58 Million | 4.94% | 0.02x | $97.49 Million |
| ARMISTICE RESOURCES (7AZ) | $18.89 Million | -36.42% | 1.84x | $8.70 Million |
| Bulletin Resources Limited (7BR) | $2.14 Million | -87.64% | 0.10x | $5.43 Million |
| Canadian Gold Corp. (8S8) | $-432.05K | 0.00% | 0.00x | $53.11 Million |
| Earthwise Minerals Corp. (966) | $-816.57K | 0.00% | 0.00x | $604.28K |
| Platinex Inc (9PX) | $2.56 Million | -34.41% | 0.06x | $11.16 Million |
| ARCUS DEVELOPMENT (AJR) | $8.31K | -643.10% | 0.29x | $1.63 Million |