Lonkey Industrial Co Ltd Guangzhou (000523) - Net Assets
Based on the latest financial reports, Lonkey Industrial Co Ltd Guangzhou (000523) has net assets worth CN¥2.16 Billion CNY (≈ $316.38 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.66 Billion ≈ $536.26 Million USD) and total liabilities (CN¥1.50 Billion ≈ $219.88 Million 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 asset resilience ratio of Lonkey Industrial Co Ltd Guangzhou to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.16 Billion |
| % of Total Assets | 59.0% |
| Annual Growth Rate | 9.85% |
| 5-Year Change | N/A |
| 10-Year Change | 91.43% |
| Growth Volatility | 69.88 |
Lonkey Industrial Co Ltd Guangzhou - Net Assets Trend (1992–2024)
This chart illustrates how Lonkey Industrial Co Ltd Guangzhou's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Lonkey Industrial Co Ltd Guangzhou for the complete picture of this company's asset base.
Annual Net Assets for Lonkey Industrial Co Ltd Guangzhou (1992–2024)
The table below shows the annual net assets of Lonkey Industrial Co Ltd Guangzhou from 1992 to 2024. For live valuation and market cap data, see market cap of Lonkey Industrial Co Ltd Guangzhou.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.11 Billion ≈ $308.55 Million |
+35.26% |
| 2023-12-31 | CN¥1.56 Billion ≈ $228.12 Million |
+60.60% |
| 2022-12-31 | CN¥970.69 Million ≈ $142.04 Million |
-5.12% |
| 2021-12-31 | CN¥1.02 Billion ≈ $149.70 Million |
+131.46% |
| 2020-12-31 | CN¥-3.25 Billion ≈ $-475.83 Million |
-316.44% |
| 2019-12-31 | CN¥1.50 Billion ≈ $219.85 Million |
-9.68% |
| 2018-12-31 | CN¥1.66 Billion ≈ $243.40 Million |
-9.60% |
| 2017-12-31 | CN¥1.84 Billion ≈ $269.25 Million |
+3.08% |
| 2016-12-31 | CN¥1.79 Billion ≈ $261.21 Million |
+62.06% |
| 2015-12-31 | CN¥1.10 Billion ≈ $161.18 Million |
+2.35% |
| 2014-12-31 | CN¥1.08 Billion ≈ $157.48 Million |
+3.13% |
| 2013-12-31 | CN¥1.04 Billion ≈ $152.70 Million |
+2.90% |
| 2012-12-31 | CN¥1.01 Billion ≈ $148.40 Million |
+2.10% |
| 2011-12-31 | CN¥993.24 Million ≈ $145.34 Million |
+108.57% |
| 2010-12-31 | CN¥476.21 Million ≈ $69.69 Million |
+2.46% |
| 2009-12-31 | CN¥464.78 Million ≈ $68.01 Million |
+2.01% |
| 2008-12-31 | CN¥455.64 Million ≈ $66.67 Million |
+0.81% |
| 2007-12-31 | CN¥451.99 Million ≈ $66.14 Million |
+5.16% |
| 2006-12-31 | CN¥429.81 Million ≈ $62.89 Million |
+2.82% |
| 2005-12-31 | CN¥418.04 Million ≈ $61.17 Million |
+5.83% |
| 2004-12-31 | CN¥395.02 Million ≈ $57.80 Million |
+1.05% |
| 2003-12-31 | CN¥390.93 Million ≈ $57.21 Million |
+0.59% |
| 2002-12-31 | CN¥388.65 Million ≈ $56.87 Million |
-23.02% |
| 2001-12-31 | CN¥504.90 Million ≈ $73.88 Million |
-0.66% |
| 2000-12-31 | CN¥508.27 Million ≈ $74.38 Million |
-10.92% |
| 1999-12-31 | CN¥570.60 Million ≈ $83.50 Million |
+10.13% |
| 1998-12-31 | CN¥518.11 Million ≈ $75.82 Million |
+5.27% |
| 1997-12-31 | CN¥492.17 Million ≈ $72.02 Million |
+6.95% |
| 1996-12-31 | CN¥460.20 Million ≈ $67.34 Million |
+24.48% |
| 1995-12-31 | CN¥369.70 Million ≈ $54.10 Million |
+16.38% |
| 1994-12-31 | CN¥317.67 Million ≈ $46.48 Million |
+12.01% |
| 1993-12-31 | CN¥283.60 Million ≈ $41.50 Million |
+171.66% |
| 1992-12-31 | CN¥104.40 Million ≈ $15.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lonkey Industrial Co Ltd Guangzhou'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 274376291400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.84 Billion | 95.52% |
| Other Comprehensive Income | CN¥-8.07 Million | -0.42% |
| Other Components | CN¥2.84 Billion | 147.69% |
| Total Equity | CN¥1.92 Billion | 100.00% |
Lonkey Industrial Co Ltd Guangzhou Competitors by Market Cap
The table below lists competitors of Lonkey Industrial Co Ltd Guangzhou ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Matrix Design Co. Ltd. A
SHE:301365
|
$926.63 Million |
|
Guangzhou Metro Design And Research
SHE:003013
|
$927.07 Million |
|
Zhejiang Cayi Vacuum Container Co. Ltd.
SHE:301004
|
$927.26 Million |
|
Pharming Group NV
AS:PHARM
|
$927.29 Million |
|
Aker Biomarine AS
OL:AKBM
|
$926.58 Million |
|
Tianjin Economic-technological Development Area Co Ltd
SHE:000652
|
$926.31 Million |
|
Vaudoise Assurances Holding SA
SW:VAHN
|
$925.74 Million |
|
Plejd AB (publ)
F:3CA
|
$925.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lonkey Industrial Co Ltd Guangzhou's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,401,121,756 to 1,921,527,847, a change of 520,406,091 (37.1%).
- Net income of 513,035,556 contributed positively to equity growth.
- Dividend payments of 7,540,280 reduced retained earnings.
- Other comprehensive income decreased equity by 58,751,394.
- Other factors increased equity by 73,662,209.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥513.04 Million | +26.7% |
| Dividends Paid | CN¥7.54 Million | -0.39% |
| Other Comprehensive Income | CN¥-58.75 Million | -3.06% |
| Other Changes | CN¥73.66 Million | +3.83% |
| Total Change | CN¥- | 37.14% |
Book Value vs Market Value Analysis
This analysis compares Lonkey Industrial Co Ltd Guangzhou'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: 3.30x
- 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 decreased from 13.80x to 3.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | CN¥0.25 | CN¥3.45 | x |
| 1993-12-31 | CN¥0.68 | CN¥3.45 | x |
| 1994-12-31 | CN¥0.76 | CN¥3.45 | x |
| 1995-12-31 | CN¥0.89 | CN¥3.45 | x |
| 1996-12-31 | CN¥1.10 | CN¥3.45 | x |
| 1997-12-31 | CN¥1.18 | CN¥3.45 | x |
| 1998-12-31 | CN¥1.24 | CN¥3.45 | x |
| 1999-12-31 | CN¥1.37 | CN¥3.45 | x |
| 2000-12-31 | CN¥1.22 | CN¥3.45 | x |
| 2001-12-31 | CN¥1.21 | CN¥3.45 | x |
| 2002-12-31 | CN¥0.93 | CN¥3.45 | x |
| 2003-12-31 | CN¥0.94 | CN¥3.45 | x |
| 2004-12-31 | CN¥0.95 | CN¥3.45 | x |
| 2005-12-31 | CN¥1.00 | CN¥3.45 | x |
| 2006-12-31 | CN¥1.02 | CN¥3.45 | x |
| 2007-12-31 | CN¥1.16 | CN¥3.45 | x |
| 2008-12-31 | CN¥1.10 | CN¥3.45 | x |
| 2009-12-31 | CN¥1.11 | CN¥3.45 | x |
| 2010-12-31 | CN¥0.72 | CN¥3.45 | x |
| 2011-12-31 | CN¥1.51 | CN¥3.45 | x |
| 2012-12-31 | CN¥1.89 | CN¥3.45 | x |
| 2013-12-31 | CN¥1.96 | CN¥3.45 | x |
| 2014-12-31 | CN¥2.02 | CN¥3.45 | x |
| 2015-12-31 | CN¥2.00 | CN¥3.45 | x |
| 2016-12-31 | CN¥3.03 | CN¥3.45 | x |
| 2017-12-31 | CN¥3.69 | CN¥3.45 | x |
| 2018-12-31 | CN¥2.71 | CN¥3.45 | x |
| 2019-12-31 | CN¥2.43 | CN¥3.45 | x |
| 2020-12-31 | CN¥-5.10 | CN¥3.45 | x |
| 2021-12-31 | CN¥0.65 | CN¥3.45 | x |
| 2022-12-31 | CN¥0.60 | CN¥3.45 | x |
| 2023-12-31 | CN¥0.75 | CN¥3.45 | x |
| 2024-12-31 | CN¥1.05 | CN¥3.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lonkey Industrial Co Ltd Guangzhou 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): 26.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.99%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.75x
- Recent ROE (26.70%) is above the historical average (7.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 15.81% | 4.15% | 1.39x | 2.73x | CN¥6.06 Million |
| 1993 | 13.25% | 6.98% | 1.19x | 1.60x | CN¥9.22 Million |
| 1994 | 17.06% | 8.38% | 1.23x | 1.65x | CN¥22.42 Million |
| 1995 | 12.99% | 7.61% | 1.01x | 1.68x | CN¥11.06 Million |
| 1996 | 7.74% | 7.46% | 0.72x | 1.45x | CN¥-10.41 Million |
| 1997 | 6.33% | 6.25% | 0.74x | 1.37x | CN¥-18.07 Million |
| 1998 | 4.42% | 6.96% | 0.50x | 1.26x | CN¥-28.92 Million |
| 1999 | 3.57% | 5.29% | 0.55x | 1.23x | CN¥-36.69 Million |
| 2000 | 0.48% | 0.54% | 0.69x | 1.28x | CN¥-48.39 Million |
| 2001 | 0.90% | 0.78% | 0.78x | 1.48x | CN¥-45.92 Million |
| 2002 | -29.80% | -19.37% | 1.08x | 1.42x | CN¥-154.59 Million |
| 2003 | 0.57% | 0.35% | 1.12x | 1.45x | CN¥-36.85 Million |
| 2004 | 0.77% | 0.41% | 1.30x | 1.43x | CN¥-36.43 Million |
| 2005 | 3.13% | 1.59% | 1.32x | 1.49x | CN¥-28.71 Million |
| 2006 | 2.54% | 1.30% | 1.30x | 1.50x | CN¥-32.05 Million |
| 2007 | 2.32% | 1.13% | 1.31x | 1.56x | CN¥-34.63 Million |
| 2008 | 1.17% | 0.52% | 1.53x | 1.48x | CN¥-40.04 Million |
| 2009 | 2.06% | 0.99% | 1.28x | 1.64x | CN¥-36.78 Million |
| 2010 | 3.17% | 1.17% | 1.38x | 1.96x | CN¥-32.43 Million |
| 2011 | 2.28% | 1.11% | 1.35x | 1.52x | CN¥-76.90 Million |
| 2012 | 2.29% | 0.73% | 1.75x | 1.80x | CN¥-78.62 Million |
| 2013 | 3.06% | 0.78% | 1.64x | 2.39x | CN¥-72.53 Million |
| 2014 | 4.12% | 0.81% | 1.80x | 2.83x | CN¥-62.66 Million |
| 2015 | 2.91% | 0.42% | 2.14x | 3.23x | CN¥-77.49 Million |
| 2016 | 2.20% | 0.40% | 2.36x | 2.34x | CN¥-139.13 Million |
| 2017 | 2.17% | 0.34% | 2.45x | 2.61x | CN¥-144.54 Million |
| 2018 | -10.50% | -3.07% | 0.92x | 3.71x | CN¥-343.68 Million |
| 2019 | -7.22% | -1.92% | 0.80x | 4.72x | CN¥-262.72 Million |
| 2020 | 0.00% | -143.06% | 0.98x | 0.00x | CN¥-4.42 Billion |
| 2021 | 139.94% | 56.29% | 0.96x | 2.60x | CN¥1.35 Billion |
| 2022 | -7.39% | -2.88% | 1.06x | 2.42x | CN¥-168.31 Million |
| 2023 | 5.34% | 2.85% | 0.82x | 2.30x | CN¥-65.28 Million |
| 2024 | 26.70% | 24.99% | 0.61x | 1.75x | CN¥320.88 Million |
Industry Comparison
This section compares Lonkey Industrial Co Ltd Guangzhou's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,003,403,543
- Average return on equity (ROE) among peers: 9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lonkey Industrial Co Ltd Guangzhou (000523) | CN¥2.16 Billion | 15.81% | 0.69x | $926.62 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $161.85 Million | 24.59% | 1.41x | $512.44 Million |
| Hunan Resun Co Ltd (001218) | $310.82 Million | 10.88% | 1.57x | $526.33 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $2.87 Billion | 14.06% | 0.63x | $602.56 Million |
| C&S Paper Co Ltd (002511) | $418.43 Million | 12.15% | 2.46x | $1.61 Billion |
| Anhui Deli Household Glass Co Ltd (002571) | $1.47 Billion | -4.17% | 0.37x | $654.99 Million |
| Mingchen Health Co Ltd Class A (002919) | $550.90 Million | 5.38% | 0.27x | $935.25 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $359.21 Million | 16.81% | 0.32x | $1.16 Billion |
| Chengdu Rainbow Appliance Gr (003023) | $1.58 Billion | 6.93% | 0.39x | $467.07 Million |
| Fujian Green Pine Co Ltd (300132) | $1.31 Billion | -5.20% | 0.81x | $713.59 Million |
About Lonkey Industrial Co Ltd Guangzhou
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou engages in the production and sale of edible sugar, beverages, and other food products in China and internationally. It offers various refined sugars, such as brown and white sugar under the Hongmian brand; soda, pineapple beer beverages, craft beer, wine series, liquor, and Double Happiness craft beer. The company also provides … Read more