Longfor Group Holdings Limited (RLF) - Net Assets
Based on the latest financial reports, Longfor Group Holdings Limited (RLF) has net assets worth €244.44 Billion EUR (≈ $285.78 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€631.60 Billion ≈ $738.41 Billion USD) and total liabilities (€387.16 Billion ≈ $452.63 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 RLF asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €244.44 Billion |
| % of Total Assets | 38.7% |
| Annual Growth Rate | 17.99% |
| 5-Year Change | 27.37% |
| 10-Year Change | 292.97% |
| Growth Volatility | 11.78 |
Longfor Group Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Longfor Group Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore RLF current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Longfor Group Holdings Limited (2013–2024)
The table below shows the annual net assets of Longfor Group Holdings Limited from 2013 to 2024. For live valuation and market cap data, see RLF stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €245.48 Billion ≈ $286.99 Billion |
+3.81% |
| 2023-12-31 | €236.46 Billion ≈ $276.44 Billion |
+1.41% |
| 2022-12-31 | €233.18 Billion ≈ $272.61 Billion |
+5.09% |
| 2021-12-31 | €221.88 Billion ≈ $259.40 Billion |
+15.13% |
| 2020-12-31 | €192.72 Billion ≈ $225.31 Billion |
+15.63% |
| 2019-12-31 | €166.68 Billion ≈ $194.86 Billion |
+18.36% |
| 2018-12-31 | €140.82 Billion ≈ $164.63 Billion |
+32.62% |
| 2017-12-31 | €106.18 Billion ≈ $124.13 Billion |
+41.35% |
| 2016-12-31 | €75.12 Billion ≈ $87.82 Billion |
+20.25% |
| 2015-12-31 | €62.47 Billion ≈ $73.03 Billion |
+24.26% |
| 2014-12-31 | €50.27 Billion ≈ $58.77 Billion |
+26.39% |
| 2013-12-31 | €39.78 Billion ≈ $46.50 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Longfor Group Holdings 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 441.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €159.33 Billion | 98.70% |
| Other Components | €2.10 Billion | 1.30% |
| Total Equity | €161.43 Billion | 100.00% |
Longfor Group Holdings Limited Competitors by Market Cap
The table below lists competitors of Longfor Group Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hebei Yangyuan ZhiHui Beverage Co Ltd
SHG:603156
|
$6.92 Billion |
|
Beijing Huafeng Test & Control Technology Co Ltd
SHG:688200
|
$6.93 Billion |
|
Terreno Realty Corporation
NYSE:TRNO
|
$6.94 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
$6.94 Billion |
|
Inner Mongolia Junzheng Energy & Chemical Group Co Ltd
SHG:601216
|
$6.90 Billion |
|
Ormat Technologies Inc
NYSE:ORA
|
$6.90 Billion |
|
Orica Limited
F:ICA
|
$6.90 Billion |
|
Demant A/S
CO:DEMANT
|
$6.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Longfor Group Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 151,966,709,000 to 161,431,062,000, a change of 9,464,353,000 (6.2%).
- Net income of 10,401,171,000 contributed positively to equity growth.
- Dividend payments of 1,166,021,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.40 Billion | +6.44% |
| Dividends Paid | €1.17 Billion | -0.72% |
| Other Changes | €375.64 Million | +0.23% |
| Total Change | €- | 6.23% |
Book Value vs Market Value Analysis
This analysis compares Longfor Group Holdings 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: 0.04x
- 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.
- The price-to-book ratio has decreased from 0.36x to 0.04x 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 | €2.39 | €0.86 | x |
| 2018-12-31 | €2.75 | €0.86 | x |
| 2019-12-31 | €3.14 | €0.86 | x |
| 2020-12-31 | €17.88 | €0.86 | x |
| 2021-12-31 | €20.57 | €0.86 | x |
| 2022-12-31 | €22.62 | €0.86 | x |
| 2023-12-31 | €23.05 | €0.86 | x |
| 2024-12-31 | €24.02 | €0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Longfor Group Holdings 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): 6.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.16%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 4.12x
- Recent ROE (6.44%) is below the historical average (16.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 21.73% | 19.36% | 0.29x | 3.90x | €4.34 Billion |
| 2014 | 17.49% | 16.38% | 0.30x | 3.52x | €3.58 Billion |
| 2015 | 16.30% | 18.95% | 0.26x | 3.34x | €3.48 Billion |
| 2016 | 14.82% | 16.70% | 0.24x | 3.64x | €2.98 Billion |
| 2017 | 17.85% | 17.48% | 0.20x | 5.14x | €5.54 Billion |
| 2018 | 19.88% | 14.02% | 0.23x | 6.21x | €8.07 Billion |
| 2019 | 19.52% | 12.14% | 0.23x | 6.94x | €8.94 Billion |
| 2020 | 18.46% | 10.84% | 0.24x | 7.06x | €9.17 Billion |
| 2021 | 19.09% | 10.68% | 0.26x | 7.01x | €11.36 Billion |
| 2022 | 17.14% | 9.72% | 0.32x | 5.54x | €10.15 Billion |
| 2023 | 8.46% | 7.11% | 0.26x | 4.61x | €-2.35 Billion |
| 2024 | 6.44% | 8.16% | 0.19x | 4.12x | €-5.74 Billion |
Industry Comparison
This section compares Longfor Group Holdings Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $23,460,488,192
- Average return on equity (ROE) among peers: -3.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Longfor Group Holdings Limited (RLF) | €244.44 Billion | 21.73% | 1.58x | $6.91 Billion |
| RONSHINE CH.HLD.HD-00001 (1R7) | $22.79 Billion | -25.98% | 5.46x | $19.02 Million |
| Pruksa Holding Public Company Limited (2PR3) | $41.27 Billion | -1.31% | 0.50x | $181.69 Million |
| Zhong An Group Limited (35Z) | $12.33 Billion | 1.51% | 3.79x | $39.53 Million |
| Sino-Ocean Group Holding Limited (3SD) | $63.14 Billion | 5.66% | 2.95x | $158.20 Million |
| HUIJING HLDG.CO.LTD HD-01 (3XU) | $-334.48 Million | 0.00% | 0.00x | $5.25 Million |
| ZHONGLIANG HLDG HD-01 (3ZH) | $19.38 Billion | -12.52% | 5.87x | $8.69 Million |
| China Aoyuan Group Limited (47C) | $9.03 Billion | 8.96% | 3.07x | $27.52 Million |
| LOGAN GROUP HD -10 (5LP) | $32.73 Billion | -27.29% | 6.59x | $761.17 Million |
| CIFI Holdings (Group) Co. Ltd (6CI) | $34.27 Billion | 14.09% | 3.43x | $87.98 Million |
| NYESA VALOS CO.EO 001 (7NY0) | $-4.49 Million | 0.00% | 0.00x | $21.43 Million |
About Longfor Group Holdings Limited
Longfor Group Holdings Limited, an investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People's Republic of China. The company operates in three segments: Property Development, Investment Property Operation, and Property Service. The Property Development segment develops and sells o… Read more