Ningbo Ligong Online Monitoring Technology Co Ltd (002322) - Net Assets

Latest as of September 2025: CN¥2.78 Billion CNY ≈ $406.33 Million USD

Based on the latest financial reports, Ningbo Ligong Online Monitoring Technology Co Ltd (002322) has net assets worth CN¥2.78 Billion CNY (≈ $406.33 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¥3.09 Billion ≈ $451.81 Million USD) and total liabilities (CN¥310.80 Million ≈ $45.48 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 002322 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.78 Billion
% of Total Assets	89.93%
Annual Growth Rate	22.91%
5-Year Change	-2.92%
10-Year Change	4.5%
Growth Volatility	104.77

Ningbo Ligong Online Monitoring Technology Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Ningbo Ligong Online Monitoring Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002322 asset base for the complete picture of this company's asset base.

Annual Net Assets for Ningbo Ligong Online Monitoring Technology Co Ltd (2006–2024)

The table below shows the annual net assets of Ningbo Ligong Online Monitoring Technology Co Ltd from 2006 to 2024. For live valuation and market cap data, see market value of Ningbo Ligong Online Monitoring Technolo.

Year	Net Assets	Change
2024-12-31	CN¥2.99 Billion ≈ $437.92 Million	-10.27%
2023-12-31	CN¥3.34 Billion ≈ $488.06 Million	+8.17%
2022-12-31	CN¥3.08 Billion ≈ $451.20 Million	+5.48%
2021-12-31	CN¥2.92 Billion ≈ $427.75 Million	-5.18%
2020-12-31	CN¥3.08 Billion ≈ $451.10 Million	+3.44%
2019-12-31	CN¥2.98 Billion ≈ $436.09 Million	+1.91%
2018-12-31	CN¥2.92 Billion ≈ $427.91 Million	-6.65%
2017-12-31	CN¥3.13 Billion ≈ $458.38 Million	+5.30%
2016-12-31	CN¥2.97 Billion ≈ $435.29 Million	+3.87%
2015-12-31	CN¥2.86 Billion ≈ $419.08 Million	+131.11%
2014-12-31	CN¥1.24 Billion ≈ $181.33 Million	+0.05%
2013-12-31	CN¥1.24 Billion ≈ $181.24 Million	+11.25%
2012-12-31	CN¥1.11 Billion ≈ $162.92 Million	+17.84%
2011-12-31	CN¥944.80 Million ≈ $138.25 Million	+7.00%
2010-12-31	CN¥882.96 Million ≈ $129.20 Million	+3.04%
2009-12-31	CN¥856.94 Million ≈ $125.40 Million	+451.77%
2008-12-31	CN¥155.31 Million ≈ $22.73 Million	+40.94%
2007-12-31	CN¥110.19 Million ≈ $16.12 Million	+50.86%
2006-12-31	CN¥73.04 Million ≈ $10.69 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ningbo Ligong Online Monitoring 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 grown by 1579.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥944.38 Million	31.55%
Common Stock	CN¥379.15 Million	12.67%
Other Comprehensive Income	CN¥5.44 Million	0.18%
Other Components	CN¥1.66 Billion	55.60%
Total Equity	CN¥2.99 Billion	100.00%

Ningbo Ligong Online Monitoring Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Ningbo Ligong Online Monitoring Technology Co Ltd ranked by their market capitalization.

Company	Market Cap
Jinhe Biotechnology Co Ltd SHE:002688	$677.49 Million
Troax Group AB ST:TROAX	$677.52 Million
Hangzhou Flariant Co Ltd SHG:605566	$677.65 Million
Covenant Logistics Group, Inc. NYSE:CVLG	$677.74 Million
Anhui Deli Household Glass Co Ltd SHE:002571	$677.36 Million
Shanghai Canature Environmental SHE:300272	$677.34 Million
Changzhou Architectural Research Institute Group Co. Ltd. A SHE:301115	$677.29 Million
Union Optech Co Ltd SHE:300691	$677.17 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ningbo Ligong Online Monitoring Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,335,328,187 to 2,992,865,798, a change of -342,462,389 (-10.3%).
Net income of 277,485,744 contributed positively to equity growth.
Dividend payments of 450,288,107 reduced retained earnings.
Share repurchases of 179,572,645 reduced equity.
Other comprehensive income increased equity by 3,879,216.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥277.49 Million	+9.27%
Dividends Paid	CN¥450.29 Million	-15.05%
Share Repurchases	CN¥179.57 Million	-6.0%
Other Comprehensive Income	CN¥3.88 Million	+0.13%
Other Changes	CN¥6.03 Million	+0.2%
Total Change	CN¥-	-10.27%

Book Value vs Market Value Analysis

This analysis compares Ningbo Ligong Online Monitoring 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: 1.49x
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 35.15x to 1.49x 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¥0.35	CN¥12.21	x
2007-12-31	CN¥0.55	CN¥12.21	x
2008-12-31	CN¥0.76	CN¥12.21	x
2009-12-31	CN¥4.27	CN¥12.21	x
2010-12-31	CN¥3.32	CN¥12.21	x
2011-12-31	CN¥3.51	CN¥12.21	x
2012-12-31	CN¥3.97	CN¥12.21	x
2013-12-31	CN¥4.65	CN¥12.21	x
2014-12-31	CN¥4.61	CN¥12.21	x
2015-12-31	CN¥9.28	CN¥12.21	x
2016-12-31	CN¥7.44	CN¥12.21	x
2017-12-31	CN¥7.86	CN¥12.21	x
2018-12-31	CN¥7.52	CN¥12.21	x
2019-12-31	CN¥8.03	CN¥12.21	x
2020-12-31	CN¥8.28	CN¥12.21	x
2021-12-31	CN¥7.84	CN¥12.21	x
2022-12-31	CN¥8.20	CN¥12.21	x
2023-12-31	CN¥8.82	CN¥12.21	x
2024-12-31	CN¥8.20	CN¥12.21	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningbo Ligong Online Monitoring 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): 9.27%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.72%
• Asset Turnover: 0.32x
• Equity Multiplier: 1.12x
Recent ROE (9.27%) is below the historical average (13.31%), 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	53.63%	40.01%	0.59x	2.27x	CN¥30.32 Million
2007	47.21%	47.12%	0.62x	1.61x	CN¥41.01 Million
2008	30.88%	41.85%	0.50x	1.48x	CN¥31.94 Million
2009	8.90%	60.65%	0.14x	1.04x	CN¥-9.40 Million
2010	7.69%	37.32%	0.19x	1.07x	CN¥-20.35 Million
2011	8.55%	33.17%	0.24x	1.08x	CN¥-13.62 Million
2012	9.58%	31.12%	0.29x	1.05x	CN¥-4.64 Million
2013	10.76%	42.86%	0.24x	1.05x	CN¥9.43 Million
2014	4.99%	31.51%	0.15x	1.07x	CN¥-61.86 Million
2015	3.77%	24.04%	0.14x	1.14x	CN¥-178.21 Million
2016	5.11%	22.11%	0.21x	1.10x	CN¥-145.35 Million
2017	8.91%	33.16%	0.24x	1.12x	CN¥-34.13 Million
2018	8.78%	25.76%	0.28x	1.21x	CN¥-35.73 Million
2019	10.46%	31.00%	0.27x	1.26x	CN¥13.61 Million
2020	7.59%	20.58%	0.31x	1.19x	CN¥-74.20 Million
2021	2.43%	6.39%	0.33x	1.15x	CN¥-221.27 Million
2022	6.96%	22.05%	0.28x	1.14x	CN¥-93.83 Million
2023	7.37%	22.39%	0.29x	1.12x	CN¥-87.62 Million
2024	9.27%	25.72%	0.32x	1.12x	CN¥-21.80 Million

Industry Comparison

This section compares Ningbo Ligong Online Monitoring Technology Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.

Industry Context

Industry: Tools & Accessories
Average net assets among peers: $2,537,162,141
Average return on equity (ROE) among peers: 8.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ningbo Ligong Online Monitoring Technology Co Ltd (002322)	CN¥2.78 Billion	53.63%	0.11x	$677.43 Million
Bosun Tools Co Ltd (002282)	$783.61 Million	0.98%	0.53x	$536.57 Million
Tianjin Saixiang Technology Co Ltd (002337)	$1.27 Billion	2.79%	0.26x	$540.92 Million
Hangzhou Great Star Industrial Co Ltd (002444)	$10.81 Billion	11.74%	0.60x	$6.38 Billion
Geron Co Ltd (002722)	$2.51 Billion	5.00%	0.28x	$519.01 Million
Zhejiang Zhongjian Technology Co Ltd (002779)	$265.78 Million	17.29%	0.56x	$2.05 Billion
Guangdong Kinlong Hardware Products Co Ltd (002791)	$3.16 Billion	13.90%	0.57x	$973.03 Million
Shenzhen Kaizhong Precision Technology Co Ltd (002823)	$1.14 Billion	13.43%	0.72x	$820.23 Million
Bichamp Cutting Technology Hunan Co Ltd (002843)	$1.51 Billion	8.83%	0.79x	$1.02 Billion
Wafangdian Bearing Co Ltd (200706)	$1.39 Billion	0.73%	1.32x	$143.90 Million

About Ningbo Ligong Online Monitoring Technology Co Ltd

SHE:002322 China Tools & Accessories

Market Cap

$677.43 Million

CN¥4.63 Billion CNY

Market Cap Rank

#11106 Global

#3326 in China

Share Price

CN¥12.21

Change (1 day)

+0.58%

52-Week Range

CN¥11.65 - CN¥15.01

All Time High

CN¥19.28