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¥2.24 Billion CNY (≈ $328.37 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.55 Billion ≈ $519.93 Million USD) and total liabilities (CN¥1.31 Billion ≈ $191.56 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 000523 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.24 Billion |
| % of Total Assets | 63.16% |
| Annual Growth Rate | 9.67% |
| 5-Year Change | 114.84% |
| 10-Year Change | 23.13% |
| Growth Volatility | 68.78 |
Lonkey Industrial Co Ltd Guangzhou - Net Assets Trend (1992–2025)
This chart illustrates how Lonkey Industrial Co Ltd Guangzhou's net assets have evolved over time, based on quarterly financial data. See 000523 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lonkey Industrial Co Ltd Guangzhou (1992–2025)
The table below shows the annual net assets of Lonkey Industrial Co Ltd Guangzhou from 1992 to 2025. For live valuation and market cap data, see market cap of Lonkey Industrial Co Ltd Guangzhou.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.20 Billion ≈ $321.62 Million |
+4.24% |
| 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 263693350094.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥4.56 Billion | 237.42% |
| 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 |
|---|---|
|
Afya Ltd
NASDAQ:AFYA
|
$744.00 Million |
|
Qingdao Weflo Valve Co Ltd
SHE:002871
|
$744.09 Million |
|
Banco Mercantil do Brasil S.A
SA:BMEB3
|
$744.14 Million |
|
Lotus Technology Inc.
NASDAQ:LOT
|
$744.40 Million |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
$743.93 Million |
|
Wuhan Xingtu Xinke Electronics Co Ltd
SHG:688081
|
$743.80 Million |
|
Surya Citra Media Tbk
JK:SCMA
|
$743.79 Million |
|
Nanjing Develop Advanced Manufacturing Co Ltd
SHG:688377
|
$743.39 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 2024 to 2025, total equity changed from 1,921,527,847 to 1,918,882,359, a change of -2,645,488 (-0.1%).
- Net income of 79,361,591 contributed positively to equity growth.
- Dividend payments of 10,345,313 reduced retained earnings.
- Other comprehensive income increased equity by 8,068,034.
- Other factors decreased equity by 79,729,800.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.36 Million | +4.14% |
| Dividends Paid | CN¥10.35 Million | -0.54% |
| Other Comprehensive Income | CN¥8.07 Million | +0.42% |
| Other Changes | CN¥-79.73 Million | -4.16% |
| Total Change | CN¥- | -0.14% |
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: 2.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.08x to 2.65x 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¥2.77 | x |
| 1993-12-31 | CN¥0.68 | CN¥2.77 | x |
| 1994-12-31 | CN¥0.76 | CN¥2.77 | x |
| 1995-12-31 | CN¥0.89 | CN¥2.77 | x |
| 1996-12-31 | CN¥1.10 | CN¥2.77 | x |
| 1997-12-31 | CN¥1.18 | CN¥2.77 | x |
| 1998-12-31 | CN¥1.24 | CN¥2.77 | x |
| 1999-12-31 | CN¥1.37 | CN¥2.77 | x |
| 2000-12-31 | CN¥1.22 | CN¥2.77 | x |
| 2001-12-31 | CN¥1.21 | CN¥2.77 | x |
| 2002-12-31 | CN¥0.93 | CN¥2.77 | x |
| 2003-12-31 | CN¥0.94 | CN¥2.77 | x |
| 2004-12-31 | CN¥0.95 | CN¥2.77 | x |
| 2005-12-31 | CN¥1.00 | CN¥2.77 | x |
| 2006-12-31 | CN¥1.02 | CN¥2.77 | x |
| 2007-12-31 | CN¥1.16 | CN¥2.77 | x |
| 2008-12-31 | CN¥1.10 | CN¥2.77 | x |
| 2009-12-31 | CN¥1.11 | CN¥2.77 | x |
| 2010-12-31 | CN¥0.72 | CN¥2.77 | x |
| 2011-12-31 | CN¥1.51 | CN¥2.77 | x |
| 2012-12-31 | CN¥1.91 | CN¥2.77 | x |
| 2013-12-31 | CN¥1.96 | CN¥2.77 | x |
| 2014-12-31 | CN¥2.02 | CN¥2.77 | x |
| 2015-12-31 | CN¥2.00 | CN¥2.77 | x |
| 2016-12-31 | CN¥3.03 | CN¥2.77 | x |
| 2017-12-31 | CN¥3.08 | CN¥2.77 | x |
| 2018-12-31 | CN¥2.90 | CN¥2.77 | x |
| 2019-12-31 | CN¥2.49 | CN¥2.77 | x |
| 2020-12-31 | CN¥-5.11 | CN¥2.77 | x |
| 2021-12-31 | CN¥0.65 | CN¥2.77 | x |
| 2022-12-31 | CN¥0.60 | CN¥2.77 | x |
| 2023-12-31 | CN¥0.75 | CN¥2.77 | x |
| 2024-12-31 | CN¥1.05 | CN¥2.77 | x |
| 2025-12-31 | CN¥1.05 | CN¥2.77 | 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): 4.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.75%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.87x
- Recent ROE (4.14%) is below the historical average (7.85%), suggesting potential challenges in 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 | 4.14% | 0.52% | 2.13x | 3.71x | CN¥-98.24 Million |
| 2019 | 4.02% | 0.49% | 1.72x | 4.72x | CN¥-91.17 Million |
| 2020 | 0.00% | -142.26% | 0.98x | 0.00x | CN¥-4.40 Billion |
| 2021 | 139.94% | 56.29% | 0.96x | 2.60x | CN¥1.35 Billion |
| 2022 | -4.98% | -1.83% | 1.13x | 2.42x | CN¥-144.92 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 |
| 2025 | 4.14% | 3.75% | 0.59x | 1.87x | CN¥-112.53 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: $1,508,258,474
- Average return on equity (ROE) among peers: 7.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lonkey Industrial Co Ltd Guangzhou (000523) | CN¥2.24 Billion | 15.81% | 0.58x | $743.99 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $273.92 Million | 12.92% | 0.78x | $452.64 Million |
| Hunan Resun Co Ltd (001218) | $2.21 Billion | 4.95% | 0.30x | $469.75 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $3.37 Billion | 3.09% | 0.75x | $471.13 Million |
| C&S Paper Co Ltd (002511) | $3.31 Billion | 12.29% | 0.55x | $1.29 Billion |
| Anhui Deli Household Glass Co Ltd (002571) | $1.47 Billion | -4.17% | 0.37x | $622.30 Million |
| Mingchen Health Co Ltd Class A (002919) | $550.90 Million | 5.38% | 0.27x | $766.42 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $312.82 Million | 21.45% | 0.44x | $931.12 Million |
| Chengdu Rainbow Appliance Gr (003023) | $1.44 Billion | 6.57% | 0.37x | $336.35 Million |
| Fujian Green Pine Co Ltd (300132) | $634.58 Million | 5.16% | 0.13x | $452.80 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 sugars under the Hongmian brand; soda, pineapple beer beverages, craft beer, wine series, liquor, and Double Happiness craft beer. The company also provides… Read more