Sichuan Development Lomon Co Ltd (002312) - Net Assets
Based on the latest financial reports, Sichuan Development Lomon Co Ltd (002312) has net assets worth CN¥10.10 Billion CNY (≈ $1.48 Billion 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¥21.88 Billion ≈ $3.20 Billion USD) and total liabilities (CN¥11.78 Billion ≈ $1.72 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. Also explore balance sheet size of Sichuan Development Lomon Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.10 Billion |
| % of Total Assets | 46.17% |
| Annual Growth Rate | 33.73% |
| 5-Year Change | 151.71% |
| 10-Year Change | 117.71% |
| Growth Volatility | 77.56 |
Sichuan Development Lomon Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Sichuan Development Lomon Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Sichuan Development Lomon Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sichuan Development Lomon Co Ltd (2006–2024)
The table below shows the annual net assets of Sichuan Development Lomon Co Ltd from 2006 to 2024. For live valuation and market cap data, see Sichuan Development Lomon Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.66 Billion ≈ $1.41 Billion |
+5.93% |
| 2023-12-31 | CN¥9.12 Billion ≈ $1.33 Billion |
+0.24% |
| 2022-12-31 | CN¥9.09 Billion ≈ $1.33 Billion |
+14.51% |
| 2021-12-31 | CN¥7.94 Billion ≈ $1.16 Billion |
+107.01% |
| 2020-12-31 | CN¥3.84 Billion ≈ $561.38 Million |
+20.70% |
| 2019-12-31 | CN¥3.18 Billion ≈ $465.10 Million |
-2.58% |
| 2018-12-31 | CN¥3.26 Billion ≈ $477.40 Million |
-4.05% |
| 2017-12-31 | CN¥3.40 Billion ≈ $497.53 Million |
+10.19% |
| 2016-12-31 | CN¥3.09 Billion ≈ $451.54 Million |
-30.43% |
| 2015-12-31 | CN¥4.44 Billion ≈ $649.05 Million |
+169.38% |
| 2014-12-31 | CN¥1.65 Billion ≈ $240.94 Million |
+88.18% |
| 2013-12-31 | CN¥874.96 Million ≈ $128.03 Million |
+10.12% |
| 2012-12-31 | CN¥794.56 Million ≈ $116.27 Million |
+14.31% |
| 2011-12-31 | CN¥695.11 Million ≈ $101.72 Million |
+9.10% |
| 2010-12-31 | CN¥637.14 Million ≈ $93.23 Million |
+5.77% |
| 2009-12-31 | CN¥602.36 Million ≈ $88.14 Million |
+285.17% |
| 2008-12-31 | CN¥156.39 Million ≈ $22.88 Million |
+30.00% |
| 2007-12-31 | CN¥120.30 Million ≈ $17.60 Million |
+133.06% |
| 2006-12-31 | CN¥51.62 Million ≈ $7.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sichuan Development Lomon 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 11025.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.85 Billion | 19.56% |
| Common Stock | CN¥1.89 Billion | 19.99% |
| Other Components | CN¥5.71 Billion | 60.45% |
| Total Equity | CN¥9.45 Billion | 100.00% |
Sichuan Development Lomon Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Development Lomon Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capri Global Capital Limited
NSE:CGCL
|
$2.37 Billion |
|
LeMaitre Vascular Inc
NASDAQ:LMAT
|
$2.37 Billion |
|
Ganfeng Lithium Co. Ltd
F:39EA
|
$2.37 Billion |
|
Hamilton Insurance Group, Ltd.
NYSE:HG
|
$2.37 Billion |
|
COSCO SHIPPING Energy Transportation Co. Ltd
F:HIFH
|
$2.37 Billion |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC
|
$2.37 Billion |
|
Indraprastha Gas Limited
NSE:IGL
|
$2.36 Billion |
|
Smartfit Escola de Ginástica e Dança S.A
SA:SMFT3
|
$2.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Development Lomon Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,093,940,362 to 9,449,350,988, a change of 355,410,626 (3.9%).
- Net income of 532,907,835 contributed positively to equity growth.
- Dividend payments of 311,234,191 reduced retained earnings.
- Share repurchases of 18,874,554 reduced equity.
- Other factors increased equity by 152,611,536.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥532.91 Million | +5.64% |
| Dividends Paid | CN¥311.23 Million | -3.29% |
| Share Repurchases | CN¥18.87 Million | -0.2% |
| Other Changes | CN¥152.61 Million | +1.62% |
| Total Change | CN¥- | 3.91% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Development Lomon 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: 1.71x
- 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 101.85x to 1.71x 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¥0.08 | CN¥8.56 | x |
| 2007-12-31 | CN¥0.17 | CN¥8.56 | x |
| 2008-12-31 | CN¥0.19 | CN¥8.56 | x |
| 2009-12-31 | CN¥0.70 | CN¥8.56 | x |
| 2010-12-31 | CN¥0.58 | CN¥8.56 | x |
| 2011-12-31 | CN¥0.62 | CN¥8.56 | x |
| 2012-12-31 | CN¥0.71 | CN¥8.56 | x |
| 2013-12-31 | CN¥0.87 | CN¥8.56 | x |
| 2014-12-31 | CN¥1.98 | CN¥8.56 | x |
| 2015-12-31 | CN¥3.51 | CN¥8.56 | x |
| 2016-12-31 | CN¥2.25 | CN¥8.56 | x |
| 2017-12-31 | CN¥2.42 | CN¥8.56 | x |
| 2018-12-31 | CN¥2.37 | CN¥8.56 | x |
| 2019-12-31 | CN¥2.39 | CN¥8.56 | x |
| 2020-12-31 | CN¥2.75 | CN¥8.56 | x |
| 2021-12-31 | CN¥4.63 | CN¥8.56 | x |
| 2022-12-31 | CN¥4.88 | CN¥8.56 | x |
| 2023-12-31 | CN¥4.83 | CN¥8.56 | x |
| 2024-12-31 | CN¥5.00 | CN¥8.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Development Lomon 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): 5.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.52%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.94x
- Recent ROE (5.64%) is below the historical average (7.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 23.90% | 13.16% | 0.88x | 2.07x | CN¥7.14 Million |
| 2007 | 28.09% | 18.26% | 0.76x | 2.02x | CN¥21.72 Million |
| 2008 | 23.13% | 14.81% | 0.81x | 1.93x | CN¥20.50 Million |
| 2009 | 7.88% | 16.48% | 0.36x | 1.33x | CN¥-12.76 Million |
| 2010 | 8.24% | 14.07% | 0.42x | 1.40x | CN¥-11.19 Million |
| 2011 | 7.77% | 12.23% | 0.42x | 1.51x | CN¥-15.43 Million |
| 2012 | 7.16% | 8.62% | 0.52x | 1.61x | CN¥-22.45 Million |
| 2013 | 10.03% | 9.64% | 0.51x | 2.04x | CN¥278.91K |
| 2014 | 5.71% | 7.49% | 0.44x | 1.74x | CN¥-70.60 Million |
| 2015 | -0.86% | -2.66% | 0.21x | 1.55x | CN¥-481.48 Million |
| 2016 | -42.24% | -125.43% | 0.22x | 1.55x | CN¥-1.61 Billion |
| 2017 | 8.89% | 37.54% | 0.21x | 1.11x | CN¥-37.74 Million |
| 2018 | -6.71% | -30.52% | 0.20x | 1.09x | CN¥-545.04 Million |
| 2019 | 2.67% | 4.43% | 0.25x | 2.45x | CN¥-232.71 Million |
| 2020 | 17.45% | 12.91% | 0.71x | 1.91x | CN¥285.59 Million |
| 2021 | 9.96% | 11.88% | 0.59x | 1.42x | CN¥-3.41 Million |
| 2022 | 11.73% | 10.63% | 0.65x | 1.69x | CN¥156.73 Million |
| 2023 | 4.56% | 5.38% | 0.45x | 1.88x | CN¥-495.08 Million |
| 2024 | 5.64% | 6.52% | 0.45x | 1.94x | CN¥-412.03 Million |
Industry Comparison
This section compares Sichuan Development Lomon Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,409,096,302
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Development Lomon Co Ltd (002312) | CN¥10.10 Billion | 23.90% | 1.17x | $2.37 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $7.39 Billion | 0.27% | 3.43x | $1.08 Billion |
| Sichuan Chemical Co Ltd (000155) | $-1.60 Billion | 0.00% | 0.00x | $3.32 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.69 Billion | 5.91% | 0.33x | $11.74 Billion |
| Zangge Holding Co Ltd (000408) | $7.91 Billion | 3.90% | 0.22x | $18.37 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $451.72 Million | 16.44% | 0.89x | $1.26 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.88 Billion | -7.74% | 0.64x | $366.79 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $365.16 Million | 13.94% | 0.26x | $829.17 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $371.42 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $132.67 Million | 24.35% | 1.07x | $286.80 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $2.21 Billion | 4.88% | 1.07x | $3.32 Billion |
About Sichuan Development Lomon Co Ltd
Sichuan Development Lomon Co.,Ltd. engages in the research and development, production, and sale of phosphorus chemical products in China. The company offers phosphorus chemical products, including industrial-grade mononuclear phosphoric acid and monobasic phosphate, feed-grade calcium hydrogen phosphate, fertilizer grade calcium hydrogen phosphate, fertilizer-grade monoammonium and monobasic pho… Read more