LianChuang Electronic Technology Co Ltd (002036) - Net Assets
Based on the latest financial reports, LianChuang Electronic Technology Co Ltd (002036) has net assets worth CN¥2.64 Billion CNY (≈ $385.66 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¥16.94 Billion ≈ $2.48 Billion USD) and total liabilities (CN¥14.30 Billion ≈ $2.09 Billion 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 LianChuang Electronic Technology Co Ltd (002036) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.64 Billion |
| % of Total Assets | 15.56% |
| Annual Growth Rate | 17.29% |
| 5-Year Change | -36.32% |
| 10-Year Change | 69.21% |
| Growth Volatility | 39.57 |
LianChuang Electronic Technology Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how LianChuang Electronic Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002036 total assets for the complete picture of this company's asset base.
Annual Net Assets for LianChuang Electronic Technology Co Ltd (2001–2024)
The table below shows the annual net assets of LianChuang Electronic Technology Co Ltd from 2001 to 2024. For live valuation and market cap data, see 002036 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.65 Billion ≈ $387.92 Million |
-25.47% |
| 2023-12-31 | CN¥3.56 Billion ≈ $520.48 Million |
-22.71% |
| 2022-12-31 | CN¥4.60 Billion ≈ $673.44 Million |
+12.85% |
| 2021-12-31 | CN¥4.08 Billion ≈ $596.75 Million |
-2.04% |
| 2020-12-31 | CN¥4.16 Billion ≈ $609.20 Million |
+66.29% |
| 2019-12-31 | CN¥2.50 Billion ≈ $366.36 Million |
+10.39% |
| 2018-12-31 | CN¥2.27 Billion ≈ $331.89 Million |
+9.02% |
| 2017-12-31 | CN¥2.08 Billion ≈ $304.44 Million |
+16.57% |
| 2016-12-31 | CN¥1.78 Billion ≈ $261.17 Million |
+13.92% |
| 2015-12-31 | CN¥1.57 Billion ≈ $229.26 Million |
+98.90% |
| 2014-12-31 | CN¥787.69 Million ≈ $115.26 Million |
+52.27% |
| 2013-12-31 | CN¥517.29 Million ≈ $75.70 Million |
-1.23% |
| 2012-12-31 | CN¥523.72 Million ≈ $76.64 Million |
-0.96% |
| 2011-12-31 | CN¥528.79 Million ≈ $77.38 Million |
+2.03% |
| 2010-12-31 | CN¥518.27 Million ≈ $75.84 Million |
-1.52% |
| 2009-12-31 | CN¥526.30 Million ≈ $77.01 Million |
-2.36% |
| 2008-12-31 | CN¥538.99 Million ≈ $78.87 Million |
+7.43% |
| 2007-12-31 | CN¥501.73 Million ≈ $73.42 Million |
+20.14% |
| 2006-12-31 | CN¥417.62 Million ≈ $61.11 Million |
+22.05% |
| 2005-12-31 | CN¥342.18 Million ≈ $50.07 Million |
+9.09% |
| 2004-12-31 | CN¥313.68 Million ≈ $45.90 Million |
+158.29% |
| 2003-12-31 | CN¥121.44 Million ≈ $17.77 Million |
+29.17% |
| 2002-12-31 | CN¥94.02 Million ≈ $13.76 Million |
+38.98% |
| 2001-12-31 | CN¥67.65 Million ≈ $9.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to LianChuang Electronic Technology 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 decreased by 1811.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.06 Billion | 48.57% |
| Other Components | CN¥1.26 Billion | 57.90% |
| Total Equity | CN¥2.18 Billion | 100.00% |
LianChuang Electronic Technology Co Ltd Competitors by Market Cap
The table below lists competitors of LianChuang Electronic Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunflower Pharmaceuticals Group Co Ltd
SHE:002737
|
$1.19 Billion |
|
Shanghai Runda Med Tech Co
SHG:603108
|
$1.19 Billion |
|
SANOFI CONS HEALTHC IND L
NSE:SANOFICONR
|
$1.19 Billion |
|
Shenzhen Hui Chuang Da Technology Co.Ltd
SHE:300909
|
$1.19 Billion |
|
Kingsgate Consolidated Ltd
AU:KCN
|
$1.19 Billion |
|
Anhui Guofeng Plastic Industry Co Ltd
SHE:000859
|
$1.19 Billion |
|
Jiangxi Guoguang Commercial Chains Co Ltd
SHG:605188
|
$1.18 Billion |
|
Nano Nuclear Energy Inc. Common Stock
NASDAQ:NNE
|
$1.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LianChuang Electronic Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,810,199,428 to 2,181,070,902, a change of -629,128,526 (-22.4%).
- Net loss of 552,822,265 reduced equity.
- Dividend payments of 230,863 reduced retained earnings.
- Share repurchases of 135,322,092 reduced equity.
- Other comprehensive income decreased equity by 57,375,237.
- Other factors increased equity by 116,621,931.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-552.82 Million | -25.35% |
| Dividends Paid | CN¥230.86K | -0.01% |
| Share Repurchases | CN¥135.32 Million | -6.2% |
| Other Comprehensive Income | CN¥-57.38 Million | -2.63% |
| Other Changes | CN¥116.62 Million | +5.35% |
| Total Change | CN¥- | -22.39% |
Book Value vs Market Value Analysis
This analysis compares LianChuang Electronic Technology 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: 3.69x
- 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 7.16x to 3.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥1.07 | CN¥7.68 | x |
| 2007-12-31 | CN¥0.85 | CN¥7.68 | x |
| 2008-12-31 | CN¥1.32 | CN¥7.68 | x |
| 2009-12-31 | CN¥0.89 | CN¥7.68 | x |
| 2010-12-31 | CN¥0.85 | CN¥7.68 | x |
| 2011-12-31 | CN¥0.88 | CN¥7.68 | x |
| 2012-12-31 | CN¥0.84 | CN¥7.68 | x |
| 2013-12-31 | CN¥0.93 | CN¥7.68 | x |
| 2014-12-31 | CN¥1.17 | CN¥7.68 | x |
| 2015-12-31 | CN¥2.32 | CN¥7.68 | x |
| 2016-12-31 | CN¥1.63 | CN¥7.68 | x |
| 2017-12-31 | CN¥1.95 | CN¥7.68 | x |
| 2018-12-31 | CN¥2.16 | CN¥7.68 | x |
| 2019-12-31 | CN¥2.43 | CN¥7.68 | x |
| 2020-12-31 | CN¥3.75 | CN¥7.68 | x |
| 2021-12-31 | CN¥3.34 | CN¥7.68 | x |
| 2022-12-31 | CN¥3.63 | CN¥7.68 | x |
| 2023-12-31 | CN¥2.58 | CN¥7.68 | x |
| 2024-12-31 | CN¥2.08 | CN¥7.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LianChuang Electronic Technology 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): -25.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.41%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 7.38x
- Recent ROE (-25.35%) is below the historical average (7.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 24.15% | 14.26% | 0.95x | 1.79x | CN¥9.43 Million |
| 2002 | 24.11% | 13.55% | 0.81x | 2.20x | CN¥11.38 Million |
| 2003 | 28.19% | 21.38% | 0.61x | 2.16x | CN¥19.09 Million |
| 2004 | 6.76% | 11.33% | 0.43x | 1.40x | CN¥-9.58 Million |
| 2005 | 7.45% | 10.49% | 0.49x | 1.45x | CN¥-7.73 Million |
| 2006 | 17.44% | 24.75% | 0.51x | 1.39x | CN¥26.08 Million |
| 2007 | 4.92% | 5.53% | 0.53x | 1.69x | CN¥-17.12 Million |
| 2008 | 5.10% | 5.96% | 0.47x | 1.81x | CN¥-16.61 Million |
| 2009 | 2.34% | 2.90% | 0.42x | 1.92x | CN¥-25.45 Million |
| 2010 | 3.07% | 2.90% | 0.51x | 2.08x | CN¥-22.27 Million |
| 2011 | 5.34% | 4.11% | 0.58x | 2.25x | CN¥-15.27 Million |
| 2012 | 4.33% | 3.62% | 0.54x | 2.22x | CN¥-18.77 Million |
| 2013 | 5.10% | 3.95% | 0.55x | 2.33x | CN¥-16.28 Million |
| 2014 | 22.95% | 9.63% | 1.60x | 1.49x | CN¥79.17 Million |
| 2015 | 11.48% | 11.42% | 0.50x | 2.02x | CN¥20.89 Million |
| 2016 | 13.11% | 7.08% | 0.77x | 2.41x | CN¥49.89 Million |
| 2017 | 15.16% | 5.61% | 1.03x | 2.62x | CN¥96.54 Million |
| 2018 | 12.01% | 5.12% | 0.70x | 3.34x | CN¥41.17 Million |
| 2019 | 10.00% | 3.69% | 0.68x | 3.98x | CN¥-30.48K |
| 2020 | 4.53% | 2.17% | 0.61x | 3.42x | CN¥-197.34 Million |
| 2021 | 2.99% | 1.06% | 0.81x | 3.45x | CN¥-263.45 Million |
| 2022 | 2.47% | 0.86% | 0.73x | 3.96x | CN¥-286.04 Million |
| 2023 | -35.31% | -10.08% | 0.64x | 5.44x | CN¥-1.27 Billion |
| 2024 | -25.35% | -5.41% | 0.63x | 7.38x | CN¥-770.93 Million |
Industry Comparison
This section compares LianChuang Electronic Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LianChuang Electronic Technology Co Ltd (002036) | CN¥2.64 Billion | 24.15% | 5.43x | $1.19 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About LianChuang Electronic Technology Co Ltd
LianChuang Electronic Technology Co.,Ltd engages in the research and development, production, and sale of optics and optoelectronics in China and internationally. The company offers optical parts, comprising plastic structural parts, plastic lens, aspherical molded glass lens, spherical glass lens, and optical precision molds; HD wide angle lens and modules; and automotive products. It provides m… Read more