LUOYANG GLASS CO. H YC 1 (LUG) - Net Assets
Based on the latest financial reports, LUOYANG GLASS CO. H YC 1 (LUG) has net assets worth €3.24 Billion EUR (≈ $3.79 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.57 Billion ≈ $15.87 Billion USD) and total liabilities (€10.33 Billion ≈ $12.08 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. Explore LUG operating cash flow to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.24 Billion |
| % of Total Assets | 23.9% |
| Annual Growth Rate | -4.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.7 |
LUOYANG GLASS CO. H YC 1 - Net Assets Trend (2021–2025)
This chart illustrates how LUOYANG GLASS CO. H YC 1's net assets have evolved over time, based on quarterly financial data. Also explore LUG current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for LUOYANG GLASS CO. H YC 1 (2021–2025)
The table below shows the annual net assets of LUOYANG GLASS CO. H YC 1 from 2021 to 2025. For live valuation and market cap data, see LUG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €3.63 Billion ≈ $4.24 Billion |
-17.00% |
| 2024-12-31 | €4.37 Billion ≈ $5.11 Billion |
-13.44% |
| 2023-12-31 | €5.05 Billion ≈ $5.91 Billion |
+9.53% |
| 2022-12-31 | €4.61 Billion ≈ $5.39 Billion |
+6.33% |
| 2021-12-31 | €4.34 Billion ≈ $5.07 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to LUOYANG GLASS CO. H YC 1'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 72051139403.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €4.48 Billion | 144.31% |
| Total Equity | €3.10 Billion | 100.00% |
LUOYANG GLASS CO. H YC 1 Competitors by Market Cap
The table below lists competitors of LUOYANG GLASS CO. H YC 1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Papaya Growth Opportunity Corp I
NASDAQ:PPYA
|
$98.24 Million |
|
Arbe Robotics Ltd
NASDAQ:ARBE
|
$98.24 Million |
|
UNITRAD
KLSE:0247
|
$98.26 Million |
|
Pinar Sut Mamulleri Sanayi AS
IS:PNSUT
|
$98.31 Million |
|
EDAG Engineering Group AG
XETRA:ED4
|
$98.20 Million |
|
Silla Co.Ltd
KO:004970
|
$98.20 Million |
|
NCS Multistage Holdings Inc
NASDAQ:NCSM
|
$98.18 Million |
|
Kyongbo Pharmaceutical Co Ltd
KO:214390
|
$98.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LUOYANG GLASS CO. H YC 1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,017,221,147 to 3,102,880,862, a change of -914,340,285 (-22.8%).
- Net loss of 914,340,285 reduced equity.
- Dividend payments of 131,093,975 reduced retained earnings.
- Other factors increased equity by 131,093,975.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-914.34 Million | -29.47% |
| Dividends Paid | €131.09 Million | -4.22% |
| Other Changes | €131.09 Million | +4.22% |
| Total Change | €- | -22.76% |
Book Value vs Market Value Analysis
This analysis compares LUOYANG GLASS CO. H YC 1'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: 0.07x
- 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 | €5.94 | €0.34 | x |
| 2022-12-31 | €6.56 | €0.34 | x |
| 2023-12-31 | €7.17 | €0.34 | x |
| 2024-12-31 | €6.22 | €0.34 | x |
| 2025-12-31 | €4.81 | €0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LUOYANG GLASS CO. H YC 1 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): -29.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.19%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 4.39x
- Recent ROE (-29.47%) is below the historical average (-3.96%), 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 | 6.67% | 7.05% | 0.39x | 2.41x | €-127.73 Million |
| 2022 | 9.66% | 8.13% | 0.48x | 2.50x | €-14.20 Million |
| 2023 | 8.53% | 5.98% | 0.53x | 2.69x | €-67.99 Million |
| 2024 | -15.18% | -13.28% | 0.37x | 3.06x | €-1.01 Billion |
| 2025 | -29.47% | -28.19% | 0.24x | 4.39x | €-1.22 Billion |
Industry Comparison
This section compares LUOYANG GLASS CO. H YC 1's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $154,887,493,607
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LUOYANG GLASS CO. H YC 1 (LUG) | €3.24 Billion | 6.67% | 3.18x | $98.20 Million |
| Asia Cement (China) Holdings Corporation (4OJ) | $10.21 Billion | 5.90% | 0.61x | $354.11 Million |
| TECNOGLASS INC. DL-0001 (7FH) | $631.18 Million | 25.56% | 0.61x | $1.61 Billion |
| ROCCA SA ZY -05 (82J) | $1.66 Million | -14.09% | 0.85x | $5.14 Million |
| Loma Negra Compañía Industrial Argentina Sociedad Anónima (8LN) | $1.07 Trillion | 2.21% | 0.78x | $1.08 Billion |
| BBMG Corporation (9BM) | $62.91 Billion | 4.27% | 2.31x | $183.20 Million |
| Anhui Conch Cement Company Limited (AQE) | $200.38 Billion | 3.84% | 0.27x | $3.04 Billion |
| Cemex SAB de CV ADR (CEXA) | $13.64 Billion | 7.04% | 1.12x | $14.44 Billion |
| China National Building Material Company Limited (D1Y) | $193.51 Billion | 2.28% | 1.53x | $2.40 Billion |
| Cementos Pacasmayo S.A.A (EPCC) | $1.19 Billion | 12.94% | 1.60x | $774.87 Million |
| Pilkington Deutschland AG (FDD) | $238.95 Million | 0.04% | 1.04x | $693.86 Million |
About LUOYANG GLASS CO. H YC 1
Triumph New Energy Company Limited engages in research, development, production, and sales of new energy materials. The company provides screen printed glass, backboard drilling tempered glass, ultra white ultra-thin photovoltaic glass, ultra white rolled photovoltaic coated glass, ultra white rolled photovoltaic tempered glass, ultra white rolled photovoltaic raw glass, original glass, tempered … Read more