Guangxi Liugong Machinery Co Ltd

SHE:000528 China Farm & Heavy Construction Machinery
Market Cap
$2.78 Billion
CN¥20.40 Billion CNY
Market Cap Rank
#5035 Global
#600 in China
Share Price
CN¥10.02
Change (1 day)
+0.00%
52-Week Range
CN¥9.42 - CN¥12.84
All Time High
CN¥13.38
About

Guangxi Liugong Machinery Co., Ltd. manufactures and sells construction machinery in China and internationally. The company operates through four segments: Earth-Moving Machinery, Other Machinery and Accessories, Prestressed Machinery, and Leasing Business. It offers excavators, wheel loaders, dozers, motor graders, rollers, pavers, cold planers, skid steer loaders, backhoe loaders, cranes, aeria… Read more

Guangxi Liugong Machinery Co Ltd (000528) - Net Assets

Latest net assets as of September 2025: CN¥19.72 Billion CNY

Based on the latest financial reports, Guangxi Liugong Machinery Co Ltd (000528) has net assets worth CN¥19.72 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥50.65 Billion) and total liabilities (CN¥30.93 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 CN¥19.72 Billion
% of Total Assets 38.93%
Annual Growth Rate 15.62%
5-Year Change 60.46%
10-Year Change 114.62%
Growth Volatility 42.62

Guangxi Liugong Machinery Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Guangxi Liugong Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guangxi Liugong Machinery Co Ltd (1992–2024)

The table below shows the annual net assets of Guangxi Liugong Machinery Co Ltd from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥19.12 Billion +6.22%
2023-12-31 CN¥18.00 Billion +4.78%
2022-12-31 CN¥17.17 Billion +6.40%
2021-12-31 CN¥16.14 Billion +35.50%
2020-12-31 CN¥11.91 Billion +9.99%
2019-12-31 CN¥10.83 Billion +7.26%
2018-12-31 CN¥10.10 Billion +10.75%
2017-12-31 CN¥9.12 Billion +3.05%
2016-12-31 CN¥8.85 Billion -0.66%
2015-12-31 CN¥8.91 Billion -2.41%
2014-12-31 CN¥9.13 Billion -2.59%
2013-12-31 CN¥9.37 Billion +0.43%
2012-12-31 CN¥9.33 Billion -0.15%
2011-12-31 CN¥9.34 Billion +10.37%
2010-12-31 CN¥8.47 Billion +106.07%
2009-12-31 CN¥4.11 Billion +54.91%
2008-12-31 CN¥2.65 Billion +12.76%
2007-12-31 CN¥2.35 Billion +24.22%
2006-12-31 CN¥1.89 Billion +15.97%
2005-12-31 CN¥1.63 Billion +6.70%
2004-12-31 CN¥1.53 Billion +47.61%
2003-12-31 CN¥1.04 Billion +30.26%
2002-12-31 CN¥795.73 Million +7.84%
2001-12-31 CN¥737.85 Million +2.50%
2000-12-31 CN¥719.85 Million +1.59%
1999-12-31 CN¥708.58 Million -5.20%
1998-12-31 CN¥747.46 Million +0.99%
1997-12-31 CN¥740.11 Million +3.64%
1996-12-31 CN¥714.13 Million +4.10%
1995-12-31 CN¥686.02 Million +16.47%
1994-12-31 CN¥589.01 Million -1.24%
1993-12-31 CN¥596.38 Million +224.44%
1992-12-31 CN¥183.82 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangxi Liugong Machinery Co Ltd'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 840705300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥8.41 Billion 47.85%
Common Stock CN¥2.02 Billion 11.49%
Other Comprehensive Income CN¥938.43 Million 5.34%
Other Components CN¥6.20 Billion 35.32%
Total Equity CN¥17.57 Billion 100.00%

Guangxi Liugong Machinery Co Ltd Competitors by Market Cap

The table below lists competitors of Guangxi Liugong Machinery Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangxi Liugong Machinery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 16,532,166,610 to 17,569,435,000, a change of 1,037,268,390 (6.3%).
  • Net income of 1,327,039,493 contributed positively to equity growth.
  • Dividend payments of 390,242,064 reduced retained earnings.
  • Share repurchases of 316,366,147 reduced equity.
  • Other comprehensive income increased equity by 1,002,571,731.
  • Other factors decreased equity by 585,734,623.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.33 Billion +7.55%
Dividends Paid CN¥390.24 Million -2.22%
Share Repurchases CN¥316.37 Million -1.8%
Other Comprehensive Income CN¥1.00 Billion +5.71%
Other Changes CN¥-585.73 Million -3.33%
Total Change CN¥- 6.27%

Book Value vs Market Value Analysis

This analysis compares Guangxi Liugong Machinery Co Ltd'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: 1.26x
  • 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 60.59x to 1.26x 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¥0.17 CN¥10.02 x
1993-12-31 CN¥0.54 CN¥10.02 x
1994-12-31 CN¥0.53 CN¥10.02 x
1995-12-31 CN¥0.61 CN¥10.02 x
1996-12-31 CN¥0.64 CN¥10.02 x
1997-12-31 CN¥0.66 CN¥10.02 x
1998-12-31 CN¥0.66 CN¥10.02 x
1999-12-31 CN¥0.63 CN¥10.02 x
2000-12-31 CN¥0.63 CN¥10.02 x
2001-12-31 CN¥0.63 CN¥10.02 x
2002-12-31 CN¥0.69 CN¥10.02 x
2003-12-31 CN¥0.90 CN¥10.02 x
2004-12-31 CN¥1.35 CN¥10.02 x
2005-12-31 CN¥1.45 CN¥10.02 x
2006-12-31 CN¥1.69 CN¥10.02 x
2007-12-31 CN¥2.11 CN¥10.02 x
2008-12-31 CN¥2.55 CN¥10.02 x
2009-12-31 CN¥3.28 CN¥10.02 x
2010-12-31 CN¥6.65 CN¥10.02 x
2011-12-31 CN¥6.34 CN¥10.02 x
2012-12-31 CN¥6.42 CN¥10.02 x
2013-12-31 CN¥6.38 CN¥10.02 x
2014-12-31 CN¥6.22 CN¥10.02 x
2015-12-31 CN¥6.07 CN¥10.02 x
2016-12-31 CN¥6.05 CN¥10.02 x
2017-12-31 CN¥6.23 CN¥10.02 x
2018-12-31 CN¥6.59 CN¥10.02 x
2019-12-31 CN¥7.08 CN¥10.02 x
2020-12-31 CN¥7.83 CN¥10.02 x
2021-12-31 CN¥10.43 CN¥10.02 x
2022-12-31 CN¥8.15 CN¥10.02 x
2023-12-31 CN¥7.80 CN¥10.02 x
2024-12-31 CN¥7.95 CN¥10.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangxi Liugong Machinery Co Ltd 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): 7.55%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.41%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 2.73x
  • Recent ROE (7.55%) is below the historical average (10.48%), 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 41.15% 14.54% 1.20x 2.35x CN¥57.26 Million
1993 34.70% 20.94% 1.09x 1.53x CN¥147.28 Million
1994 6.39% 6.62% 0.62x 1.55x CN¥-21.28 Million
1995 5.75% 6.30% 0.57x 1.59x CN¥-28.89 Million
1996 3.40% 3.78% 0.56x 1.61x CN¥-46.66 Million
1997 3.38% 3.46% 0.59x 1.66x CN¥-48.38 Million
1998 2.81% 2.63% 0.64x 1.66x CN¥-53.06 Million
1999 0.36% 0.34% 0.63x 1.64x CN¥-67.17 Million
2000 0.02% 0.02% 0.63x 1.73x CN¥-69.58 Million
2001 2.86% 2.06% 0.78x 1.79x CN¥-50.29 Million
2002 16.60% 7.64% 1.11x 1.95x CN¥50.23 Million
2003 22.29% 8.97% 1.39x 1.78x CN¥123.35 Million
2004 16.27% 6.94% 1.43x 1.63x CN¥93.92 Million
2005 12.92% 5.12% 1.54x 1.64x CN¥47.03 Million
2006 19.25% 6.97% 1.65x 1.67x CN¥173.44 Million
2007 24.25% 7.53% 1.76x 1.84x CN¥332.42 Million
2008 12.88% 3.67% 1.48x 2.38x CN¥76.05 Million
2009 21.13% 8.50% 1.06x 2.33x CN¥455.98 Million
2010 18.29% 10.05% 0.83x 2.20x CN¥699.53 Million
2011 14.18% 7.39% 0.79x 2.44x CN¥389.86 Million
2012 2.99% 2.20% 0.56x 2.43x CN¥-651.17 Million
2013 3.56% 2.64% 0.57x 2.38x CN¥-601.42 Million
2014 2.18% 1.93% 0.49x 2.29x CN¥-711.17 Million
2015 0.24% 0.32% 0.33x 2.29x CN¥-869.07 Million
2016 0.56% 0.70% 0.34x 2.33x CN¥-835.38 Million
2017 3.81% 2.91% 0.55x 2.38x CN¥-564.01 Million
2018 8.20% 4.37% 0.69x 2.72x CN¥-173.60 Million
2019 9.83% 5.30% 0.64x 2.88x CN¥-17.83 Million
2020 12.57% 5.54% 0.76x 2.97x CN¥294.71 Million
2021 6.48% 3.47% 0.71x 2.63x CN¥-540.76 Million
2022 3.81% 2.26% 0.63x 2.68x CN¥-975.40 Million
2023 5.25% 3.15% 0.59x 2.82x CN¥-785.41 Million
2024 7.55% 4.41% 0.63x 2.73x CN¥-429.90 Million

Industry Comparison

This section compares Guangxi Liugong Machinery Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.

Industry Context

  • Industry: Farm & Heavy Construction Machinery
  • Average net assets among peers: $5,155,439,213
  • Average return on equity (ROE) among peers: 10.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangxi Liugong Machinery Co Ltd (000528) CN¥19.72 Billion 41.15% 1.57x $1.96 Billion
XCMG Construction Machinery Co Ltd (000425) $20.48 Billion 1.02% 1.15x $11.30 Billion
Shantui Construction Machinery Co Ltd (000680) $4.51 Billion 1.03% 1.49x $1.25 Billion
JiangSu JiangHuai Engine Co Ltd (000816) $2.54 Billion -0.35% 0.35x $528.05 Million
Sinotruk Jinan Truck Co Ltd (000951) $14.59 Billion 1.46% 1.36x $1.65 Billion
Zhongtong Bus Holding Co Ltd (000957) $474.72 Million 1.13% 1.63x $610.98 Million
Anhui Tuoshan Heavy Industry Co. Ltd. (001226) $252.67 Million 34.83% 1.21x $123.77 Million
Nanchang Mineral Systems Co. Ltd. A (001360) $569.40 Million 21.21% 1.34x $202.86 Million
Sunward Intelligent Equipment Co Ltd (002097) $163.46 Million 23.10% 1.31x $970.29 Million
Weihai Guangtai Airport Equipment Co Ltd (002111) $2.82 Billion 8.32% 0.62x $383.43 Million