Lu Thai Textile Co Ltd
Lu Thai Textile Co., Ltd., together with its subsidiaries, produces and sells yarn-dyed fabrics as well as shirts and garments in Mainland China, Japan, South Korea, rest of Southeast Asia, Europe, the United States, and internationally. It offers combed cotton and blended yarns; yarns and fabrics of cotton, fiber, silk, wool, chemical fiber, and other materials; shirts; and dyeing fabrics, inclu… Read more
Lu Thai Textile Co Ltd (000726) - Net Assets
Latest net assets as of September 2025: CN¥10.07 Billion CNY
Based on the latest financial reports, Lu Thai Textile Co Ltd (000726) has net assets worth CN¥10.07 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¥14.17 Billion) and total liabilities (CN¥4.10 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¥10.07 Billion |
| % of Total Assets | 71.08% |
| Annual Growth Rate | 14.65% |
| 5-Year Change | 21.38% |
| 10-Year Change | 34.97% |
| Growth Volatility | 48.5 |
Lu Thai Textile Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Lu Thai Textile 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 Lu Thai Textile Co Ltd (1994–2024)
The table below shows the annual net assets of Lu Thai Textile Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.82 Billion | +2.12% |
| 2023-12-31 | CN¥9.62 Billion | +2.23% |
| 2022-12-31 | CN¥9.41 Billion | +12.44% |
| 2021-12-31 | CN¥8.37 Billion | +3.40% |
| 2020-12-31 | CN¥8.09 Billion | -2.50% |
| 2019-12-31 | CN¥8.30 Billion | +7.42% |
| 2018-12-31 | CN¥7.73 Billion | -0.63% |
| 2017-12-31 | CN¥7.78 Billion | +4.88% |
| 2016-12-31 | CN¥7.41 Billion | +1.88% |
| 2015-12-31 | CN¥7.28 Billion | +3.71% |
| 2014-12-31 | CN¥7.02 Billion | +9.38% |
| 2013-12-31 | CN¥6.41 Billion | +13.44% |
| 2012-12-31 | CN¥5.65 Billion | +3.38% |
| 2011-12-31 | CN¥5.47 Billion | +15.36% |
| 2010-12-31 | CN¥4.74 Billion | +13.23% |
| 2009-12-31 | CN¥4.19 Billion | +10.76% |
| 2008-12-31 | CN¥3.78 Billion | +50.95% |
| 2007-12-31 | CN¥2.50 Billion | +17.01% |
| 2006-12-31 | CN¥2.14 Billion | +10.67% |
| 2005-12-31 | CN¥1.93 Billion | +10.79% |
| 2004-12-31 | CN¥1.75 Billion | +12.77% |
| 2003-12-31 | CN¥1.55 Billion | +18.90% |
| 2002-12-31 | CN¥1.30 Billion | +1.79% |
| 2001-12-31 | CN¥1.28 Billion | +5.20% |
| 2000-12-31 | CN¥1.22 Billion | +260.42% |
| 1999-12-31 | CN¥337.41 Million | +4.81% |
| 1998-12-31 | CN¥321.93 Million | +0.83% |
| 1997-12-31 | CN¥319.30 Million | +98.23% |
| 1996-12-31 | CN¥161.07 Million | -0.83% |
| 1995-12-31 | CN¥162.43 Million | +0.03% |
| 1994-12-31 | CN¥162.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lu Thai Textile 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 693316500600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.93 Billion | 73.45% |
| Common Stock | CN¥817.31 Million | 8.66% |
| Other Comprehensive Income | CN¥1.56 Billion | 16.56% |
| Other Components | CN¥125.36 Million | 1.33% |
| Total Equity | CN¥9.44 Billion | 100.00% |
Lu Thai Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Lu Thai Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Sanyou Medical Co Ltd
SHG:688085
|
$567.57 Million |
|
PCBL LIMITED
NSE:PCBL
|
$567.81 Million |
|
Genesis Energy Limited
F:1G6
|
$568.01 Million |
|
Festi hf
IC:FESTI
|
$568.02 Million |
|
Ribo Fashion Group Co Ltd
SHG:603196
|
$567.40 Million |
|
Shandong Bailong Chuangyuan Bio-Tech Co. Ltd.
SHG:605016
|
$567.13 Million |
|
H&R Century Union Corp
SHE:000892
|
$567.10 Million |
|
Eastman Kodak Co
NYSE:KODK
|
$566.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lu Thai Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,230,806,905 to 9,438,728,389, a change of 207,921,484 (2.3%).
- Net income of 410,321,398 contributed positively to equity growth.
- Dividend payments of 293,297,631 reduced retained earnings.
- Share repurchases of 37,825,088 reduced equity.
- Other comprehensive income increased equity by 207,306,575.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥410.32 Million | +4.35% |
| Dividends Paid | CN¥293.30 Million | -3.11% |
| Share Repurchases | CN¥37.83 Million | -0.4% |
| Other Comprehensive Income | CN¥207.31 Million | +2.2% |
| Other Changes | CN¥-78.58 Million | -0.83% |
| Total Change | CN¥- | 2.25% |
Book Value vs Market Value Analysis
This analysis compares Lu Thai Textile 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: 0.69x
- 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 39.06x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.19 | CN¥7.45 | x |
| 1995-12-31 | CN¥0.19 | CN¥7.45 | x |
| 1996-12-31 | CN¥0.18 | CN¥7.45 | x |
| 1997-12-31 | CN¥0.37 | CN¥7.45 | x |
| 1998-12-31 | CN¥0.38 | CN¥7.45 | x |
| 1999-12-31 | CN¥0.39 | CN¥7.45 | x |
| 2000-12-31 | CN¥1.42 | CN¥7.45 | x |
| 2001-12-31 | CN¥1.46 | CN¥7.45 | x |
| 2002-12-31 | CN¥1.48 | CN¥7.45 | x |
| 2003-12-31 | CN¥1.71 | CN¥7.45 | x |
| 2004-12-31 | CN¥1.86 | CN¥7.45 | x |
| 2005-12-31 | CN¥2.04 | CN¥7.45 | x |
| 2006-12-31 | CN¥2.29 | CN¥7.45 | x |
| 2007-12-31 | CN¥2.66 | CN¥7.45 | x |
| 2008-12-31 | CN¥4.14 | CN¥7.45 | x |
| 2009-12-31 | CN¥3.92 | CN¥7.45 | x |
| 2010-12-31 | CN¥4.41 | CN¥7.45 | x |
| 2011-12-31 | CN¥5.09 | CN¥7.45 | x |
| 2012-12-31 | CN¥5.28 | CN¥7.45 | x |
| 2013-12-31 | CN¥6.23 | CN¥7.45 | x |
| 2014-12-31 | CN¥6.87 | CN¥7.45 | x |
| 2015-12-31 | CN¥7.20 | CN¥7.45 | x |
| 2016-12-31 | CN¥7.29 | CN¥7.45 | x |
| 2017-12-31 | CN¥7.82 | CN¥7.45 | x |
| 2018-12-31 | CN¥7.93 | CN¥7.45 | x |
| 2019-12-31 | CN¥8.97 | CN¥7.45 | x |
| 2020-12-31 | CN¥8.96 | CN¥7.45 | x |
| 2021-12-31 | CN¥8.27 | CN¥7.45 | x |
| 2022-12-31 | CN¥8.88 | CN¥7.45 | x |
| 2023-12-31 | CN¥9.61 | CN¥7.45 | x |
| 2024-12-31 | CN¥10.81 | CN¥7.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lu Thai Textile 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): 4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.74%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.48x
- Recent ROE (4.35%) is below the historical average (12.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 3.75% | 5.73% | 0.25x | 2.62x | CN¥-10.14 Million |
| 1995 | 10.26% | 10.87% | 0.32x | 2.98x | CN¥427.99K |
| 1996 | 17.75% | 13.21% | 0.43x | 3.13x | CN¥11.94 Million |
| 1997 | 12.84% | 13.09% | 0.52x | 1.90x | CN¥8.86 Million |
| 1998 | 16.29% | 16.57% | 0.54x | 1.81x | CN¥20.23 Million |
| 1999 | 19.22% | 16.18% | 0.65x | 1.82x | CN¥30.91 Million |
| 2000 | 7.14% | 17.80% | 0.34x | 1.17x | CN¥-34.59 Million |
| 2001 | 9.20% | 14.53% | 0.53x | 1.20x | CN¥-9.87 Million |
| 2002 | 9.96% | 13.20% | 0.53x | 1.42x | CN¥-444.69K |
| 2003 | 13.20% | 15.09% | 0.49x | 1.78x | CN¥46.52 Million |
| 2004 | 17.69% | 14.80% | 0.47x | 2.52x | CN¥121.66 Million |
| 2005 | 17.93% | 13.95% | 0.51x | 2.54x | CN¥137.73 Million |
| 2006 | 17.14% | 11.69% | 0.57x | 2.56x | CN¥139.26 Million |
| 2007 | 20.29% | 12.06% | 0.65x | 2.59x | CN¥233.12 Million |
| 2008 | 14.48% | 13.08% | 0.55x | 2.00x | CN¥158.82 Million |
| 2009 | 14.55% | 14.13% | 0.64x | 1.61x | CN¥178.25 Million |
| 2010 | 16.78% | 14.71% | 0.72x | 1.59x | CN¥298.68 Million |
| 2011 | 16.68% | 13.96% | 0.78x | 1.52x | CN¥339.92 Million |
| 2012 | 13.44% | 12.00% | 0.72x | 1.55x | CN¥180.99 Million |
| 2013 | 16.69% | 15.42% | 0.77x | 1.40x | CN¥400.45 Million |
| 2014 | 14.55% | 15.54% | 0.72x | 1.31x | CN¥299.85 Million |
| 2015 | 10.42% | 11.54% | 0.68x | 1.33x | CN¥28.48 Million |
| 2016 | 11.61% | 13.47% | 0.64x | 1.36x | CN¥111.65 Million |
| 2017 | 11.63% | 13.12% | 0.63x | 1.41x | CN¥118.06 Million |
| 2018 | 11.36% | 11.80% | 0.65x | 1.47x | CN¥96.87 Million |
| 2019 | 12.37% | 14.00% | 0.57x | 1.54x | CN¥182.67 Million |
| 2020 | 1.27% | 2.05% | 0.39x | 1.58x | CN¥-671.45 Million |
| 2021 | 4.35% | 6.64% | 0.40x | 1.63x | CN¥-450.72 Million |
| 2022 | 10.69% | 13.89% | 0.52x | 1.48x | CN¥62.45 Million |
| 2023 | 4.37% | 6.77% | 0.44x | 1.45x | CN¥-519.64 Million |
| 2024 | 4.35% | 6.74% | 0.44x | 1.48x | CN¥-533.55 Million |
Industry Comparison
This section compares Lu Thai Textile Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $1,878,675,881
- Average return on equity (ROE) among peers: 7.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lu Thai Textile Co Ltd (000726) | CN¥10.07 Billion | 3.75% | 0.41x | $567.55 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $2.17 Billion | 0.39% | 0.37x | $452.68 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $1.19 Billion | 7.88% | 0.59x | $2.85 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $4.36 Billion | 0.74% | 1.45x | $1.24 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $2.47 Billion | 12.33% | 1.57x | $323.37 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.42 Billion | 7.00% | 1.71x | $1.13 Billion |
| Xinlong Holding Group Co Ltd (000955) | $642.48 Million | -17.63% | 0.77x | $282.25 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $263.70 Million | 37.38% | 0.88x | $109.12 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $29.70K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $3.47 Billion | 4.86% | 1.55x | $581.04 Million |