Luen Thai Holdings
Luen Thai Holdings Limited, an investment holding company, manufactures and trades in apparels and accessories in the People's Republic of China, the United States, Europe, Japan, Canada, South America, and internationally. It sources, manufactures, and trades in textile and garment products; processes, trades in, imports, exports, and distributes garment products; and manufactures and trades in … Read more
Luen Thai Holdings (LTJ) - Net Assets
Latest net assets as of June 2025: €156.71 Million EUR
Based on the latest financial reports, Luen Thai Holdings (LTJ) has net assets worth €156.71 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€480.92 Million) and total liabilities (€324.22 Million). 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 | €156.71 Million |
| % of Total Assets | 32.58% |
| Annual Growth Rate | -8.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.76 |
Luen Thai Holdings - Net Assets Trend (2021–2024)
This chart illustrates how Luen Thai Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Luen Thai Holdings (2021–2024)
The table below shows the annual net assets of Luen Thai Holdings from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €156.70 Million | -18.25% |
| 2023-12-31 | €191.69 Million | -5.30% |
| 2022-12-31 | €202.42 Million | +0.27% |
| 2021-12-31 | €201.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Luen Thai Holdings'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 decreased by 18.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €152.30 Million | 97.66% |
| Other Components | €3.66 Million | 2.34% |
| Total Equity | €155.95 Million | 100.00% |
Luen Thai Holdings Competitors by Market Cap
The table below lists competitors of Luen Thai Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ximen Mining Corp
OTCQB:XXMMF
|
$3.62 Million |
|
Dipula Income Fund Ltd
JSE:DIB
|
$3.62 Million |
|
MOODY'S - Dusseldorf Stock Exchang
DU:DUT
|
$3.62 Million |
|
Academy Metals Inc
PINK:URGYF
|
$3.62 Million |
|
LARGO EO 002
F:2XH
|
$3.62 Million |
|
USWE Sports AB
ST:USWE
|
$3.62 Million |
|
CAM Resources Bhd
KLSE:7128
|
$3.62 Million |
|
AquaBounty Technologies Inc
NASDAQ:AQB
|
$3.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Luen Thai Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 190,668,000 to 155,954,000, a change of -34,714,000 (-18.2%).
- Net loss of 33,891,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-33.89 Million | -21.73% |
| Other Changes | €-823.00K | -0.53% |
| Total Change | €- | -18.21% |
Book Value vs Market Value Analysis
This analysis compares Luen Thai Holdings'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: 0.13x
- 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 | €0.19 | €0.02 | x |
| 2022-12-31 | €0.19 | €0.02 | x |
| 2023-12-31 | €0.18 | €0.02 | x |
| 2024-12-31 | €0.15 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Luen Thai Holdings 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): -21.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.03%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 2.86x
- Recent ROE (-21.73%) is below the historical average (-3.59%), 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 | 5.61% | 1.41% | 1.42x | 2.81x | €-8.75 Million |
| 2022 | 4.92% | 1.15% | 1.65x | 2.58x | €-10.21 Million |
| 2023 | -3.15% | -0.86% | 1.47x | 2.49x | €-25.07 Million |
| 2024 | -21.73% | -5.03% | 1.51x | 2.86x | €-49.49 Million |
Industry Comparison
This section compares Luen Thai Holdings's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $15,296,171,985
- Average return on equity (ROE) among peers: -9.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Luen Thai Holdings (LTJ) | €156.71 Million | 5.61% | 2.07x | $3.62 Million |
| Bosideng International Holdings Limited (3BD) | $10.40 Billion | 11.57% | 0.67x | $2.31 Billion |
| China Dongxiang (Group) Co. Ltd (4C1) | $10.26 Billion | 3.07% | 0.14x | $145.79 Million |
| China Lilang Limited (5LX) | $3.67 Billion | 12.74% | 0.36x | $132.67 Million |
| Ahlers AG (AAH) | $68.35 Million | -27.19% | 1.20x | $108.98K |
| CALIDA HLDG NA SF 2,10 (C7UA) | $114.06 Million | -58.30% | 1.05x | $51.58 Million |
| The Children's Place Inc (CP5) | $314.44 Million | 32.11% | 1.31x | $25.60 Million |
| Goldlion Holdings Limited (GLH) | $3.69 Billion | 10.54% | 0.19x | $27.60 Million |
| Gunze Limited (GUN) | $109.14 Billion | 4.02% | 0.53x | $691.15 Million |
| Ming Le Sports AG (ML2) | $1.81 Million | -70.93% | 0.19x | $37.76K |