Shandong Luyang Share Co Ltd (002088) - Net Assets

Latest as of September 2025: CN¥2.60 Billion CNY ≈ $380.20 Million USD

Based on the latest financial reports, Shandong Luyang Share Co Ltd (002088) has net assets worth CN¥2.60 Billion CNY (≈ $380.20 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¥3.23 Billion ≈ $472.79 Million USD) and total liabilities (CN¥632.73 Million ≈ $92.59 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 Shandong Luyang Share Co Ltd (002088) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.60 Billion
% of Total Assets	80.42%
Annual Growth Rate	18.2%
5-Year Change	21.69%
10-Year Change	80.54%
Growth Volatility	37.35

Shandong Luyang Share Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Shandong Luyang Share Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shandong Luyang Share Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shandong Luyang Share Co Ltd (2003–2024)

The table below shows the annual net assets of Shandong Luyang Share Co Ltd from 2003 to 2024. For live valuation and market cap data, see Shandong Luyang Share Co Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥2.89 Billion ≈ $423.37 Million	+3.09%
2023-12-31	CN¥2.81 Billion ≈ $410.68 Million	-2.57%
2022-12-31	CN¥2.88 Billion ≈ $421.51 Million	+9.33%
2021-12-31	CN¥2.63 Billion ≈ $385.53 Million	+10.81%
2020-12-31	CN¥2.38 Billion ≈ $347.92 Million	+7.87%
2019-12-31	CN¥2.20 Billion ≈ $322.53 Million	+8.49%
2018-12-31	CN¥2.03 Billion ≈ $297.29 Million	+8.40%
2017-12-31	CN¥1.87 Billion ≈ $274.25 Million	+11.30%
2016-12-31	CN¥1.68 Billion ≈ $246.40 Million	+5.07%
2015-12-31	CN¥1.60 Billion ≈ $234.50 Million	+2.18%
2014-12-31	CN¥1.57 Billion ≈ $229.51 Million	+3.64%
2013-12-31	CN¥1.51 Billion ≈ $221.45 Million	+4.35%
2012-12-31	CN¥1.45 Billion ≈ $212.22 Million	+4.41%
2011-12-31	CN¥1.39 Billion ≈ $203.26 Million	+6.50%
2010-12-31	CN¥1.30 Billion ≈ $190.85 Million	+8.12%
2009-12-31	CN¥1.21 Billion ≈ $176.52 Million	+52.14%
2008-12-31	CN¥792.91 Million ≈ $116.03 Million	+20.03%
2007-12-31	CN¥660.62 Million ≈ $96.67 Million	+27.60%
2006-12-31	CN¥517.74 Million ≈ $75.76 Million	+172.63%
2005-12-31	CN¥189.91 Million ≈ $27.79 Million	+37.73%
2004-12-31	CN¥137.88 Million ≈ $20.18 Million	+59.60%
2003-12-31	CN¥86.39 Million ≈ $12.64 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shandong Luyang Share 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 5695.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.71 Billion	59.18%
Common Stock	CN¥513.12 Million	17.74%
Other Comprehensive Income	CN¥405.50 Million	14.02%
Other Components	CN¥262.38 Million	9.07%
Total Equity	CN¥2.89 Billion	100.00%

Shandong Luyang Share Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Luyang Share Co Ltd ranked by their market capitalization.

Company	Market Cap
Shaanxi Kanghui Pharm Co Ltd SHG:603139	$660.77 Million
Golden Friends TWO:4506	$660.86 Million
Zhejiang Henglin Chair Industry Co Ltd Class A SHG:603661	$660.96 Million
Citic Guoan Wine Co Ltd SHG:600084	$661.04 Million
Tempo Scan Pacific Tbk JK:TSPC	$660.65 Million
Lander Sports Development Co Ltd SHE:000558	$660.29 Million
Shanghai Maling Aquarius Co Ltd SHG:600073	$660.02 Million
Shanghai Jiaoda Onlly Co Ltd SHG:600530	$659.96 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Luyang Share Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,806,537,389 to 2,893,257,721, a change of 86,720,332 (3.1%).
Net income of 480,121,396 contributed positively to equity growth.
Dividend payments of 409,502,069 reduced retained earnings.
Other comprehensive income increased equity by 11,665,005.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥480.12 Million	+16.59%
Dividends Paid	CN¥409.50 Million	-14.15%
Other Comprehensive Income	CN¥11.67 Million	+0.4%
Other Changes	CN¥4.44 Million	+0.15%
Total Change	CN¥-	3.09%

Book Value vs Market Value Analysis

This analysis compares Shandong Luyang Share 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: 1.55x
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 17.43x to 1.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	CN¥0.50	CN¥8.80	x
2004-12-31	CN¥0.81	CN¥8.80	x
2005-12-31	CN¥1.11	CN¥8.80	x
2006-12-31	CN¥1.49	CN¥8.80	x
2007-12-31	CN¥1.46	CN¥8.80	x
2008-12-31	CN¥1.74	CN¥8.80	x
2009-12-31	CN¥2.61	CN¥8.80	x
2010-12-31	CN¥2.63	CN¥8.80	x
2011-12-31	CN¥2.81	CN¥8.80	x
2012-12-31	CN¥2.94	CN¥8.80	x
2013-12-31	CN¥3.08	CN¥8.80	x
2014-12-31	CN¥3.24	CN¥8.80	x
2015-12-31	CN¥3.32	CN¥8.80	x
2016-12-31	CN¥3.45	CN¥8.80	x
2017-12-31	CN¥3.82	CN¥8.80	x
2018-12-31	CN¥4.02	CN¥8.80	x
2019-12-31	CN¥4.49	CN¥8.80	x
2020-12-31	CN¥4.75	CN¥8.80	x
2021-12-31	CN¥5.25	CN¥8.80	x
2022-12-31	CN¥5.69	CN¥8.80	x
2023-12-31	CN¥5.53	CN¥8.80	x
2024-12-31	CN¥5.66	CN¥8.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Luyang Share 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): 16.59%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.59%
• Asset Turnover: 0.90x
• Equity Multiplier: 1.36x
Recent ROE (16.59%) is above the historical average (15.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	29.50%	13.08%	0.88x	2.58x	CN¥16.69 Million
2004	33.57%	16.42%	0.79x	2.60x	CN¥32.30 Million
2005	33.41%	16.02%	0.78x	2.67x	CN¥44.23 Million
2006	15.46%	15.83%	0.62x	1.58x	CN¥28.14 Million
2007	20.29%	19.65%	0.74x	1.39x	CN¥67.25 Million
2008	18.57%	18.15%	0.70x	1.46x	CN¥67.86 Million
2009	9.69%	15.04%	0.50x	1.30x	CN¥-3.77 Million
2010	9.41%	13.37%	0.55x	1.28x	CN¥-7.67 Million
2011	7.79%	11.04%	0.57x	1.23x	CN¥-30.73 Million
2012	5.84%	8.44%	0.54x	1.28x	CN¥-60.39 Million
2013	5.71%	8.42%	0.54x	1.24x	CN¥-64.86 Million
2014	5.00%	6.66%	0.60x	1.26x	CN¥-78.36 Million
2015	3.59%	5.08%	0.54x	1.31x	CN¥-102.71 Million
2016	6.22%	8.80%	0.56x	1.26x	CN¥-63.71 Million
2017	11.41%	13.39%	0.65x	1.30x	CN¥26.33 Million
2018	15.12%	16.67%	0.66x	1.38x	CN¥104.01 Million
2019	15.44%	15.85%	0.70x	1.40x	CN¥119.85 Million
2020	15.57%	15.92%	0.70x	1.39x	CN¥132.51 Million
2021	20.28%	16.88%	0.83x	1.45x	CN¥270.72 Million
2022	20.26%	17.32%	0.86x	1.36x	CN¥295.60 Million
2023	17.53%	13.98%	0.92x	1.37x	CN¥211.38 Million
2024	16.59%	13.59%	0.90x	1.36x	CN¥190.80 Million

Industry Comparison

This section compares Shandong Luyang Share Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $1,176,559,867
Average return on equity (ROE) among peers: 1.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shandong Luyang Share Co Ltd (002088)	CN¥2.60 Billion	29.50%	0.24x	$660.76 Million
China Fangda Group Co Ltd (000055)	$1.03 Billion	6.71%	0.24x	$363.04 Million
Huasu Holdings Co Ltd (000509)	$381.72 Million	7.32%	0.61x	$637.55 Million
Wuhu Conch Profiles and Science Co Ltd (000619)	$13.52 Million	0.00%	1.72x	$309.87 Million
Beijing New Building Materials Public Ltd Co (000786)	$2.73 Billion	11.77%	1.19x	$4.91 Billion
Yantai Moon Co Ltd (000811)	$642.91 Million	12.93%	1.44x	$5.83 Billion
Tangshan Jidong Equipment Engineering Co Ltd (000856)	$458.32 Million	-6.31%	1.31x	$258.43 Million
Everjoy Health Group Co Ltd (002162)	$843.78 Million	-17.44%	1.44x	$476.42 Million
XinJiang GuoTong Pipeline Co Ltd (002205)	$959.33 Million	-5.52%	0.75x	$299.41 Million
Puyang Refractories Group Co Ltd (002225)	$3.52 Billion	3.83%	1.35x	$714.16 Million

About Shandong Luyang Share Co Ltd

SHE:002088 China Building Products & Equipment

Market Cap

$660.76 Million

CN¥4.52 Billion CNY

Market Cap Rank

#11008 Global

#3095 in China

Share Price

CN¥8.80

Change (1 day)

+0.11%

52-Week Range

CN¥8.14 - CN¥13.70

All Time High

CN¥1222.40