Leo Group Co Ltd (002131) - Net Assets

Latest as of March 2026: CN¥12.83 Billion CNY ≈ $1.88 Billion USD

Based on the latest financial reports, Leo Group Co Ltd (002131) has net assets worth CN¥12.83 Billion CNY (≈ $1.88 Billion 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¥20.86 Billion ≈ $3.05 Billion USD) and total liabilities (CN¥8.03 Billion ≈ $1.18 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 002131 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¥12.83 Billion
% of Total Assets	61.49%
Annual Growth Rate	29.45%
5-Year Change	6.59%
10-Year Change	70.65%
Growth Volatility	61.09

Leo Group Co Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Leo Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Leo Group Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Leo Group Co Ltd (2004–2025)

The table below shows the annual net assets of Leo Group Co Ltd from 2004 to 2025. For live valuation and market cap data, see Leo Group Co Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥12.73 Billion ≈ $1.86 Billion	-1.06%
2024-12-31	CN¥12.86 Billion ≈ $1.88 Billion	-6.01%
2023-12-31	CN¥13.68 Billion ≈ $2.00 Billion	+17.28%
2022-12-31	CN¥11.67 Billion ≈ $1.71 Billion	-2.27%
2021-12-31	CN¥11.94 Billion ≈ $1.75 Billion	-8.06%
2020-12-31	CN¥12.99 Billion ≈ $1.90 Billion	+59.73%
2019-12-31	CN¥8.13 Billion ≈ $1.19 Billion	+16.54%
2018-12-31	CN¥6.98 Billion ≈ $1.02 Billion	-8.95%
2017-12-31	CN¥7.66 Billion ≈ $1.12 Billion	+2.74%
2016-12-31	CN¥7.46 Billion ≈ $1.09 Billion	+28.81%
2015-12-31	CN¥5.79 Billion ≈ $847.21 Million	+177.80%
2014-12-31	CN¥2.08 Billion ≈ $304.97 Million	+33.93%
2013-12-31	CN¥1.56 Billion ≈ $227.71 Million	+40.18%
2012-12-31	CN¥1.11 Billion ≈ $162.44 Million	+6.40%
2011-12-31	CN¥1.04 Billion ≈ $152.67 Million	+55.72%
2010-12-31	CN¥669.98 Million ≈ $98.04 Million	+19.03%
2009-12-31	CN¥562.88 Million ≈ $82.37 Million	+10.37%
2008-12-31	CN¥509.98 Million ≈ $74.63 Million	+23.47%
2007-12-31	CN¥413.05 Million ≈ $60.44 Million	+247.51%
2006-12-31	CN¥118.86 Million ≈ $17.39 Million	+51.34%
2005-12-31	CN¥78.54 Million ≈ $11.49 Million	+39.55%
2004-12-31	CN¥56.28 Million ≈ $8.24 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Leo Group 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 19232.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥4.51 Billion	35.23%
Other Components	CN¥8.28 Billion	64.77%
Total Equity	CN¥12.79 Billion	100.00%

Leo Group Co Ltd Competitors by Market Cap

The table below lists competitors of Leo Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Amentum Holdings Inc. NYSE:AMTM	$5.28 Billion
Venture Global, Inc. NYSE:VG	$5.28 Billion
Cochlear Ltd AU:COH	$5.29 Billion
Versant Media Group, Inc. NASDAQ:VSNTV	$5.29 Billion
Beijing Wantai Biological Pharmacy Enterprise Co Ltd SHG:603392	$5.28 Billion
Perseus Mining Ltd AU:PRU	$5.28 Billion
Floor & Decor Holdings Inc NYSE:FND	$5.27 Billion
LYFT Inc NASDAQ:LYFT	$5.27 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 12,887,064,114 to 12,789,126,419, a change of -97,937,695 (-0.8%).
Net income of 33,744,355 contributed positively to equity growth.
Dividend payments of 301,432,950 reduced retained earnings.
Other factors increased equity by 169,750,900.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥33.74 Million	+0.26%
Dividends Paid	CN¥301.43 Million	-2.36%
Other Changes	CN¥169.75 Million	+1.33%
Total Change	CN¥-	-0.76%

Book Value vs Market Value Analysis

This analysis compares Leo Group 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: 2.82x
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 222.97x to 2.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CN¥0.02	CN¥5.33	x
2005-12-31	CN¥0.03	CN¥5.33	x
2006-12-31	CN¥0.05	CN¥5.33	x
2007-12-31	CN¥0.14	CN¥5.33	x
2008-12-31	CN¥0.15	CN¥5.33	x
2009-12-31	CN¥0.17	CN¥5.33	x
2010-12-31	CN¥0.20	CN¥5.33	x
2011-12-31	CN¥0.32	CN¥5.33	x
2012-12-31	CN¥0.32	CN¥5.33	x
2013-12-31	CN¥0.46	CN¥5.33	x
2014-12-31	CN¥0.51	CN¥5.33	x
2015-12-31	CN¥1.38	CN¥5.33	x
2016-12-31	CN¥1.44	CN¥5.33	x
2017-12-31	CN¥1.29	CN¥5.33	x
2018-12-31	CN¥1.22	CN¥5.33	x
2019-12-31	CN¥1.32	CN¥5.33	x
2020-12-31	CN¥1.93	CN¥5.33	x
2021-12-31	CN¥1.76	CN¥5.33	x
2022-12-31	CN¥1.72	CN¥5.33	x
2023-12-31	CN¥2.02	CN¥5.33	x
2024-12-31	CN¥1.99	CN¥5.33	x
2025-12-31	CN¥1.89	CN¥5.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Leo Group 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): 0.26%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.17%
• Asset Turnover: 0.93x
• Equity Multiplier: 1.68x
Recent ROE (0.26%) is below the historical average (9.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	27.47%	6.37%	1.26x	3.42x	CN¥9.83 Million
2005	28.20%	4.80%	1.88x	3.12x	CN¥14.29 Million
2006	31.27%	6.10%	1.77x	2.89x	CN¥25.28 Million
2007	11.59%	6.11%	1.22x	1.56x	CN¥6.55 Million
2008	14.64%	6.74%	1.51x	1.44x	CN¥22.27 Million
2009	18.31%	11.48%	1.13x	1.41x	CN¥44.19 Million
2010	17.20%	9.25%	1.13x	1.64x	CN¥46.28 Million
2011	11.43%	9.03%	0.71x	1.79x	CN¥14.61 Million
2012	4.50%	2.95%	0.73x	2.08x	CN¥-58.43 Million
2013	3.70%	3.04%	0.65x	1.88x	CN¥-95.24 Million
2014	8.98%	6.26%	0.68x	2.10x	CN¥-20.46 Million
2015	3.94%	5.13%	0.52x	1.47x	CN¥-346.97 Million
2016	7.63%	7.72%	0.65x	1.53x	CN¥-174.52 Million
2017	5.54%	4.00%	0.79x	1.76x	CN¥-338.44 Million
2018	-27.00%	-15.52%	0.85x	2.06x	CN¥-2.55 Billion
2019	3.78%	2.19%	1.05x	1.64x	CN¥-505.10 Million
2020	36.85%	30.70%	0.80x	1.51x	CN¥3.48 Billion
2021	-8.59%	-5.03%	1.02x	1.67x	CN¥-2.21 Billion
2022	-3.79%	-2.18%	1.04x	1.67x	CN¥-1.60 Billion
2023	14.39%	9.60%	0.83x	1.80x	CN¥599.41 Million
2024	-2.01%	-1.22%	0.96x	1.71x	CN¥-1.55 Billion
2025	0.26%	0.17%	0.93x	1.68x	CN¥-1.25 Billion

Industry Comparison

This section compares Leo Group Co Ltd's net assets metrics with peer companies in the Advertising Agencies industry.

Industry Context

Industry: Advertising Agencies
Average net assets among peers: $1,403,133,351
Average return on equity (ROE) among peers: 14.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Leo Group Co Ltd (002131)	CN¥12.83 Billion	27.47%	0.63x	$5.28 Billion
Genimous Technology Co Ltd (000676)	$14.87 Million	0.00%	0.30x	$1.01 Billion
Hunan TV & Broadcast Intermediary Co Ltd (000917)	$2.35 Billion	4.82%	1.86x	$1.46 Billion
Focus Media Information Technology Co Ltd (002027)	$606.26 Million	13.53%	1.10x	$10.61 Billion
NanJi ECommerce Co Ltd (002127)	$4.86 Billion	24.82%	0.13x	$966.31 Million
Foshan Saturday Shoes Co Ltd (002291)	$111.51 Million	42.81%	1.91x	$710.19 Million
Guangdong Advertising Co Ltd (002400)	$2.12 Billion	20.07%	1.29x	$1.78 Billion
Simei Media Co Ltd (002712)	$1.43 Billion	-4.07%	0.92x	$358.40 Million
Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878)	$133.08 Million	32.92%	1.86x	$490.72 Million
Beijing Quanshi World Online Net (002995)	$1.00 Billion	-2.61%	0.29x	$527.13 Million

About Leo Group Co Ltd

SHE:002131 China Advertising Agencies

Market Cap

$5.28 Billion

CN¥36.09 Billion CNY

Market Cap Rank

#3495 Global

#512 in China

Share Price

CN¥5.33

Change (1 day)

-0.56%

52-Week Range

CN¥3.29 - CN¥10.40

All Time High

CN¥10.40