Luda Technology Group Limited Net Assets
Luda Technology Group Limited net assets. Based on the latest financial reports, Luda Technology Group Limited (LUD) has net assets worth $20.83 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.07 Million) and total liabilities ($26.24 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. Also explore Luda Technology Group Limited (LUD) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $20.83 Million |
| % of Total Assets | 44.26% |
| Annual Growth Rate | -1.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.73 |
Net Assets of Luda Technology Group Limited (2021–2024)
Net assets of Luda Technology Group Limited from 2021 to 2024. This chart illustrates how Luda Technology Group Limited's net assets have evolved over time, based on quarterly financial data. See Luda Technology Group Limited balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Luda Technology Group Limited (2021–2024)
The table below shows the annual net assets of Luda Technology Group Limited from 2021 to 2024. For live market cap and overall valuation, see LUD company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.66 Million | -24.38% |
| 2023-12-31 | $16.75 Million | +15.27% |
| 2022-12-31 | $14.53 Million | +10.78% |
| 2021-12-31 | $13.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Luda Technology 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 7.7% over the analyzed period, indicating profitable operations and earnings retention.
Luda Technology Group Limited Net Assets Breakdown (December 2024)
Luda Technology Group Limited net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.37 Million | 89.80% |
| Common Stock | $641.03K | 5.06% |
| Other Comprehensive Income | $650.04K | 5.13% |
| Total Equity | $12.66 Million | 100.00% |
Luda Technology Group Limited Competitors by Market Cap
The table below lists competitors of Luda Technology Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Ortiz Properties Socimi
MC:YGOP
|
$101.93 Million |
|
Carbios
PA:ALCRB
|
$101.98 Million |
|
DAM CAPITAL ADVISORS LTD
NSE:DAMCAPITAL
|
$102.00 Million |
|
Mr. Blue Corporation
KQ:207760
|
$102.00 Million |
|
Fractyl Health, Inc. Common Stock
NASDAQ:GUTS
|
$101.88 Million |
|
The Joint Corp
NASDAQ:JYNT
|
$101.83 Million |
|
Daesung Ind
KO:128820
|
$101.76 Million |
|
Voyager Therapeutics Inc
NASDAQ:VYGR
|
$101.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Luda Technology Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,746,999 to 12,663,540, a change of -4,083,459 (-24.4%).
- Net loss of 361,016 reduced equity.
- Dividend payments of 3,377,564 reduced retained earnings.
- Other comprehensive income decreased equity by 212,471.
- Other factors decreased equity by 132,408.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-361.02K | -2.85% |
| Dividends Paid | $3.38 Million | -26.67% |
| Other Comprehensive Income | $-212.47K | -1.68% |
| Other Changes | $-132.41K | -1.05% |
| Total Change | $- | -24.38% |
Book Value vs Market Value Analysis
This analysis compares Luda Technology 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: 7.98x
- 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 increased from 7.70x to 7.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.58 | $4.49 | x |
| 2022-12-31 | $0.65 | $4.49 | x |
| 2023-12-31 | $0.74 | $4.49 | x |
| 2024-12-31 | $0.56 | $4.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Luda Technology 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): -2.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.80%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 3.10x
- Recent ROE (-2.85%) is below the historical average (18.51%), 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 | 37.67% | 14.47% | 1.07x | 2.43x | $3.63 Million |
| 2022 | 21.11% | 6.15% | 1.26x | 2.73x | $1.61 Million |
| 2023 | 18.11% | 5.90% | 1.10x | 2.79x | $1.36 Million |
| 2024 | -2.85% | -0.80% | 1.14x | 3.10x | $-1.63 Million |
Industry Comparison
This section compares Luda Technology Group Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $335,287,073
- Average return on equity (ROE) among peers: 54.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Luda Technology Group Limited (LUD) | $20.83 Million | 37.67% | 1.26x | $101.88 Million |
| Cleveland-Cliffs Inc (CLF) | $290.80 Million | 18.50% | 0.62x | $6.99 Billion |
| Friedman Industries Inc. Common Stock (FRD) | $65.34 Million | 17.48% | 0.45x | $296.09 Million |
| Friedman Industries Inc. Common Stock (FRD) | $66.87 Million | -7.85% | 0.16x | $138.83 Million |
| Gerdau SA ADR (GGB) | $2.47 Billion | 15.71% | 1.77x | $5.42 Billion |
| Hongli Group Inc. Ordinary Shares (HLP) | $11.49 Million | 27.87% | 0.90x | $90.43 Million |
| Huadi International Group Co Ltd (HUDI) | $74.68 Million | 4.36% | 0.38x | $7.59 Million |
| Inno Holdings Inc. Common Stock (INHD) | $1.05 Million | -95.64% | 2.46x | $15.73 Million |
| FST Corp. Ordinary Shares (KBSX) | $32.42 Million | 28.92% | 0.85x | $51.70 Million |
| Mesabi Trust (MSB) | $1.41 Million | 480.72% | 2.83x | $225.80 Million |
About Luda Technology Group Limited
Luda Technology Group Limited, through its subsidiaries, manufactures and trades stainless steel and carbon steel flanges and fittings products. It offers steel flanges, including blind, slip, plate, thread, and welding neck flanges; and steel fittings, such as elbow, reducer, cap, and tee. The company also manufactures and sells stainless steel and carbon steel flanges, and fittings products; an… Read more