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
Longfor Group Holdings Limited (LNGPF) - Net Assets
Latest net assets as of December 2024: $245.48 Billion USD
Based on the latest financial reports, Longfor Group Holdings Limited (LNGPF) has net assets worth $245.48 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($665.64 Billion) and total liabilities ($420.16 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 | $245.48 Billion |
| % of Total Assets | 36.88% |
| Annual Growth Rate | 29.46% |
| 5-Year Change | 27.37% |
| 10-Year Change | 292.97% |
| Growth Volatility | 53.0 |
Longfor Group Holdings Limited - Net Assets Trend (2008–2024)
This chart illustrates how Longfor Group Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Longfor Group Holdings Limited (2008–2024)
The table below shows the annual net assets of Longfor Group Holdings Limited from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $245.48 Billion | +3.81% |
| 2023-12-31 | $236.46 Billion | +1.41% |
| 2022-12-31 | $233.18 Billion | +5.09% |
| 2021-12-31 | $221.88 Billion | +15.13% |
| 2020-12-31 | $192.72 Billion | +15.63% |
| 2019-12-31 | $166.68 Billion | +18.36% |
| 2018-12-31 | $140.82 Billion | +32.62% |
| 2017-12-31 | $106.18 Billion | +41.35% |
| 2016-12-31 | $75.12 Billion | +20.25% |
| 2015-12-31 | $62.47 Billion | +24.26% |
| 2014-12-31 | $50.27 Billion | +26.39% |
| 2013-12-31 | $39.78 Billion | +22.10% |
| 2012-12-31 | $32.58 Billion | +35.21% |
| 2011-12-31 | $24.09 Billion | +38.75% |
| 2010-12-31 | $17.37 Billion | +31.18% |
| 2009-12-31 | $13.24 Billion | +235.64% |
| 2008-12-31 | $3.94 Billion | -- |
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 15933361500000.0% 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% |
| Common Stock | $601.43 Million | 0.37% |
| Other Components | $1.50 Billion | 0.93% |
| 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 |
|---|---|
|
Big Yellow Group Plc
PINK:BYLOF
|
$2.16 Billion |
|
Shenzhen Goodix Technology Co Ltd Class A
SHG:603160
|
$2.16 Billion |
|
Alfa S.A.B. de C.V
PINK:ALFFF
|
$2.16 Billion |
|
Sumitomo Rubber Industries Ltd
F:108
|
$2.17 Billion |
|
Chongqing Zhifei Bio Products
SHE:300122
|
$2.16 Billion |
|
Jiangsu Aucksun Co Ltd
SHE:002245
|
$2.16 Billion |
|
Dentsply Sirona Inc
NASDAQ:XRAY
|
$2.16 Billion |
|
Whitehaven Coal Limited
PINK:WHITF
|
$2.16 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.
- Other comprehensive income increased equity by 2,264,285,000.
- Other factors decreased equity by 1,888,640,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.40 Billion | +6.44% |
| Dividends Paid | $1.17 Billion | -0.72% |
| Other Comprehensive Income | $2.26 Billion | +1.4% |
| Other Changes | $-1.89 Billion | -1.17% |
| 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: 0.05x
- 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 1.46x to 0.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.78 | $1.14 | x |
| 2009-12-31 | $2.92 | $1.14 | x |
| 2010-12-31 | $3.09 | $1.14 | x |
| 2011-12-31 | $4.24 | $1.14 | x |
| 2012-12-31 | $5.66 | $1.14 | x |
| 2013-12-31 | $6.73 | $1.14 | x |
| 2014-12-31 | $8.71 | $1.14 | x |
| 2015-12-31 | $9.40 | $1.14 | x |
| 2016-12-31 | $10.58 | $1.14 | x |
| 2017-12-31 | $11.95 | $1.14 | x |
| 2018-12-31 | $13.71 | $1.14 | x |
| 2019-12-31 | $15.71 | $1.14 | x |
| 2020-12-31 | $18.11 | $1.14 | x |
| 2021-12-31 | $20.88 | $1.14 | x |
| 2022-12-31 | $23.64 | $1.14 | x |
| 2023-12-31 | $24.38 | $1.14 | x |
| 2024-12-31 | $24.42 | $1.14 | 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 (17.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 10.62% | 7.41% | 0.14x | 10.37x | $19.33 Million |
| 2009 | 18.20% | 19.42% | 0.27x | 3.50x | $995.34 Million |
| 2010 | 25.85% | 27.36% | 0.21x | 4.49x | $2.53 Billion |
| 2011 | 28.84% | 26.26% | 0.25x | 4.43x | $4.13 Billion |
| 2012 | 21.07% | 22.59% | 0.22x | 4.19x | $3.31 Billion |
| 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: $70,341,271,195
- Average return on equity (ROE) among peers: 2.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Longfor Group Holdings Limited (LNGPF) | $245.48 Billion | 10.62% | 1.71x | $2.16 Billion |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $97.99 Million | -3.22% | 0.10x | $7.15 Million |
| Autris (AUTR) | $-34.64K | 0.00% | 0.00x | $1.55K |
| AMREP Corporation (AXR) | $67.40 Million | 1.78% | 1.85x | $79.94 Million |
| Ayala Land Inc (AYAAF) | $242.71 Billion | 13.67% | 1.94x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $226.27K | -1.35% | 0.77x | $0.92 |
| Beijing North Star Company Limited (BEIJF) | $8.23 Billion | 4.12% | 0.79x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $436.84 Billion | 11.28% | 1.44x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $14.13 Billion | 9.67% | 0.21x | $141.49 Million |
| Century Communities Inc (CCS) | $473.64 Million | 10.46% | 1.13x | $1.40 Billion |