Luolai Home Textile Co Ltd (002293) - Net Assets

Latest as of September 2025: CN¥4.02 Billion CNY ≈ $588.56 Million USD

Based on the latest financial reports, Luolai Home Textile Co Ltd (002293) has net assets worth CN¥4.02 Billion CNY (≈ $588.56 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¥6.55 Billion ≈ $958.51 Million USD) and total liabilities (CN¥2.53 Billion ≈ $369.96 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. Also explore 002293 net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.02 Billion
% of Total Assets 61.4%
Annual Growth Rate 23.84%
5-Year Change -2.51%
10-Year Change 58.36%
Growth Volatility 76.05

Luolai Home Textile Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Luolai Home Textile Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Luolai Home Textile Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Annual Net Assets for Luolai Home Textile Co Ltd (2005–2024)

The table below shows the annual net assets of Luolai Home Textile Co Ltd from 2005 to 2024. For live market cap and overall valuation, see 002293 market cap.

Year Net Assets Change
2024-12-31 CN¥4.21 Billion
≈ $615.34 Million		 -1.26%
2023-12-31 CN¥4.26 Billion
≈ $623.18 Million		 +1.53%
2022-12-31 CN¥4.19 Billion
≈ $613.77 Million		 +2.60%
2021-12-31 CN¥4.09 Billion
≈ $598.20 Million		 -5.22%
2020-12-31 CN¥4.31 Billion
≈ $631.15 Million		 +3.01%
2019-12-31 CN¥4.19 Billion
≈ $612.72 Million		 +8.10%
2018-12-31 CN¥3.87 Billion
≈ $566.82 Million		 +22.86%
2017-12-31 CN¥3.15 Billion
≈ $461.34 Million		 +9.46%
2016-12-31 CN¥2.88 Billion
≈ $421.47 Million		 +8.47%
2015-12-31 CN¥2.66 Billion
≈ $388.58 Million		 +6.76%
2014-12-31 CN¥2.49 Billion
≈ $363.97 Million		 +17.03%
2013-12-31 CN¥2.13 Billion
≈ $311.02 Million		 +12.32%
2012-12-31 CN¥1.89 Billion
≈ $276.89 Million		 +14.65%
2011-12-31 CN¥1.65 Billion
≈ $241.52 Million		 +14.19%
2010-12-31 CN¥1.45 Billion
≈ $211.50 Million		 +8.49%
2009-12-31 CN¥1.33 Billion
≈ $194.95 Million		 +342.11%
2008-12-31 CN¥301.34 Million
≈ $44.10 Million		 +29.17%
2007-12-31 CN¥233.29 Million
≈ $34.14 Million		 +82.67%
2006-12-31 CN¥127.71 Million
≈ $18.69 Million		 +76.62%
2005-12-31 CN¥72.31 Million
≈ $10.58 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Luolai Home 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 3800.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.05 Billion 48.94%
Common Stock CN¥830.98 Million 19.85%
Other Components CN¥1.31 Billion 31.21%
Total Equity CN¥4.19 Billion 100.00%

Luolai Home Textile Co Ltd Competitors by Market Cap

The table below lists competitors of Luolai Home Textile Co Ltd ranked by their market capitalization.

Company Market Cap
Kernel Holding SA
F:0KE
 $1.39 Billion
Natural Resource Partners LP
NYSE:NRP
 $1.39 Billion
BlueNord ASA
OL:BNOR
 $1.39 Billion
Golden Ocean Group Limited
F:KT31
 $1.39 Billion
CLEARWAY ENERGY A NDL-01
F:NY4B
 $1.39 Billion
Electrolux Professional AB (publ)
ST:EPRO-B
 $1.39 Billion
JHSF Participações S.A.
SA:JHSF3
 $1.39 Billion
ZoomInfo Technologies Inc.
NASDAQ:GTM
 $1.39 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,234,336,615 to 4,185,331,172, a change of -49,005,443 (-1.2%).
  • Net income of 432,847,009 contributed positively to equity growth.
  • Dividend payments of 511,936,812 reduced retained earnings.
  • Share repurchases of 21,222,000 reduced equity.
  • Other comprehensive income decreased equity by 106,318,814.
  • Other factors increased equity by 157,625,174.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥432.85 Million +10.34%
Dividends Paid CN¥511.94 Million -12.23%
Share Repurchases CN¥21.22 Million -0.51%
Other Comprehensive Income CN¥-106.32 Million -2.54%
Other Changes CN¥157.63 Million +3.77%
Total Change CN¥- -1.16%

Book Value vs Market Value Analysis

This analysis compares Luolai Home 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: 2.27x
  • 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 87.23x to 2.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 CN¥0.13 CN¥11.41 x
2006-12-31 CN¥0.23 CN¥11.41 x
2007-12-31 CN¥0.42 CN¥11.41 x
2008-12-31 CN¥0.51 CN¥11.41 x
2009-12-31 CN¥2.11 CN¥11.41 x
2010-12-31 CN¥1.88 CN¥11.41 x
2011-12-31 CN¥2.13 CN¥11.41 x
2012-12-31 CN¥2.45 CN¥11.41 x
2013-12-31 CN¥2.75 CN¥11.41 x
2014-12-31 CN¥3.16 CN¥11.41 x
2015-12-31 CN¥3.29 CN¥11.41 x
2016-12-31 CN¥3.55 CN¥11.41 x
2017-12-31 CN¥3.88 CN¥11.41 x
2018-12-31 CN¥5.12 CN¥11.41 x
2019-12-31 CN¥4.93 CN¥11.41 x
2020-12-31 CN¥5.17 CN¥11.41 x
2021-12-31 CN¥4.86 CN¥11.41 x
2022-12-31 CN¥4.97 CN¥11.41 x
2023-12-31 CN¥5.06 CN¥11.41 x
2024-12-31 CN¥5.04 CN¥11.41 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Luolai Home 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): 10.34%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.49%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 1.47x
  • Recent ROE (10.34%) is below the historical average (19.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 38.48% 8.37% 1.73x 2.66x CN¥20.59 Million
2006 38.56% 8.91% 1.84x 2.35x CN¥36.48 Million
2007 37.00% 11.27% 2.11x 1.56x CN¥62.13 Million
2008 36.93% 12.19% 1.97x 1.54x CN¥80.26 Million
2009 10.88% 12.61% 0.74x 1.17x CN¥11.70 Million
2010 14.51% 11.53% 0.97x 1.30x CN¥65.17 Million
2011 22.66% 15.70% 1.11x 1.30x CN¥208.96 Million
2012 20.19% 14.02% 1.16x 1.24x CN¥192.86 Million
2013 15.63% 13.16% 0.95x 1.24x CN¥119.61 Million
2014 16.41% 14.42% 0.89x 1.28x CN¥155.56 Million
2015 16.04% 14.07% 0.84x 1.36x CN¥154.44 Million
2016 11.58% 10.07% 0.75x 1.54x CN¥43.39 Million
2017 14.24% 9.18% 1.02x 1.53x CN¥127.38 Million
2018 14.12% 11.11% 0.96x 1.32x CN¥156.04 Million
2019 13.31% 11.24% 0.90x 1.31x CN¥135.69 Million
2020 13.64% 11.91% 0.84x 1.36x CN¥156.16 Million
2021 17.57% 12.38% 0.92x 1.54x CN¥307.24 Million
2022 13.93% 10.93% 0.76x 1.67x CN¥163.93 Million
2023 13.52% 10.77% 0.78x 1.61x CN¥149.01 Million
2024 10.34% 9.49% 0.74x 1.47x CN¥14.31 Million

Industry Comparison

This section compares Luolai Home 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: $2,644,810,609
  • Average return on equity (ROE) among peers: 4.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Luolai Home Textile Co Ltd (002293) CN¥4.02 Billion 38.48% 0.63x $1.39 Billion
Shenzhen Textile Holdings Co Ltd (000045) $71.92 Million 28.15% 6.05x $670.77 Million
Shijiazhuang Changshan Textile Co Ltd (000158) $5.74 Billion 6.09% 1.23x $3.17 Billion
Jilin Chemical Fibre Co Ltd (000420) $260.33 Million 0.00% 1.21x $1.39 Billion
Lu Thai Textile Co Ltd (000726) $7.41 Billion 10.87% 0.27x $519.05 Million
Anhui Huamao Textile Co Ltd (000850) $4.54 Billion -3.84% 0.61x $568.92 Million
Xinxiang Chemical Fiber Co Ltd (000949) $1.73 Billion 1.75% 1.49x $1.61 Billion
Xinlong Holding Group Co Ltd (000955) $642.48 Million -17.63% 0.77x $345.07 Million
Huafu Top Dyed Melange Yarn Co Ltd (002042) $3.75 Billion 8.97% 1.51x $963.10 Million
Sunvim Group Co Ltd (002083) $527.84 Million 10.81% 6.22x $1.68 Billion
Hongda High-Tech Holding Co Ltd (002144) $1.77 Billion 3.62% 0.10x $285.30 Million

About Luolai Home Textile Co Ltd

SHE:002293 China Textile Manufacturing
Market Cap
$1.39 Billion
CN¥9.51 Billion CNY
Market Cap Rank
#7546 Global
#1677 in China
Share Price
CN¥11.41
Change (1 day)
+1.88%
52-Week Range
CN¥7.83 - CN¥11.85
All Time High
CN¥13.45
Categories
Companies in China Textile Manufacturing
About

Luolai Lifestyle Technology Co., Ltd. produces and sells home and hotel textiles, shoes, and hats in China. It imports and exports shoes and hats, handicraft, textiles, clothing, furniture supplies, cosmetics, machinery, equipment, and goods and technology; sells carpets, mats, hanging mattresses, daily necessities, daily chemicals, toys, kitchenware, and stationery; and offers brand management a… Read more