Shandong Longji Machinery Co Ltd Net Assets
Shandong Longji Machinery Co Ltd net assets. Based on the latest financial reports, Shandong Longji Machinery Co Ltd (002363) has net assets worth CN¥2.21 Billion CNY (≈ $323.22 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.00 Billion ≈ $438.86 Million USD) and total liabilities (CN¥790.25 Million ≈ $115.64 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 Shandong Longji Machinery Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.21 Billion |
| % of Total Assets | 73.65% |
| Annual Growth Rate | 12.03% |
| 5-Year Change | -1.4% |
| 10-Year Change | 13.8% |
| Growth Volatility | 37.72 |
Net Assets of Shandong Longji Machinery Co Ltd (2006–2025)
Net assets of Shandong Longji Machinery Co Ltd from 2006 to 2025. This chart illustrates how Shandong Longji Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002363 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shandong Longji Machinery Co Ltd (2006–2025)
The table below shows the annual net assets of Shandong Longji Machinery Co Ltd from 2006 to 2025. For live market cap and overall valuation, see market value of Shandong Longji Machinery Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.20 Billion ≈ $322.07 Million |
+1.87% |
| 2024-12-31 | CN¥2.16 Billion ≈ $316.17 Million |
-0.62% |
| 2023-12-31 | CN¥2.17 Billion ≈ $318.15 Million |
-0.78% |
| 2022-12-31 | CN¥2.19 Billion ≈ $320.65 Million |
-1.84% |
| 2021-12-31 | CN¥2.23 Billion ≈ $326.65 Million |
-2.37% |
| 2020-12-31 | CN¥2.29 Billion ≈ $334.58 Million |
-5.78% |
| 2019-12-31 | CN¥2.43 Billion ≈ $355.11 Million |
+2.18% |
| 2018-12-31 | CN¥2.37 Billion ≈ $347.52 Million |
+3.00% |
| 2017-12-31 | CN¥2.31 Billion ≈ $337.39 Million |
+19.22% |
| 2016-12-31 | CN¥1.93 Billion ≈ $283.01 Million |
+35.48% |
| 2015-12-31 | CN¥1.43 Billion ≈ $208.90 Million |
+2.74% |
| 2014-12-31 | CN¥1.39 Billion ≈ $203.33 Million |
+4.17% |
| 2013-12-31 | CN¥1.33 Billion ≈ $195.19 Million |
+39.06% |
| 2012-12-31 | CN¥959.22 Million ≈ $140.36 Million |
+2.82% |
| 2011-12-31 | CN¥932.93 Million ≈ $136.52 Million |
+4.85% |
| 2010-12-31 | CN¥889.76 Million ≈ $130.20 Million |
+164.02% |
| 2009-12-31 | CN¥337.00 Million ≈ $49.31 Million |
+25.62% |
| 2008-12-31 | CN¥268.26 Million ≈ $39.25 Million |
+27.73% |
| 2007-12-31 | CN¥210.02 Million ≈ $30.73 Million |
-17.33% |
| 2006-12-31 | CN¥254.05 Million ≈ $37.18 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Longji Machinery 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 122.0% over the analyzed period, indicating profitable operations and earnings retention.
Shandong Longji Machinery Co Ltd Net Assets Breakdown (December 2025)
Shandong Longji Machinery Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥265.06 Million | 12.30% |
| Other Components | CN¥1.89 Billion | 87.70% |
| Total Equity | CN¥2.15 Billion | 100.00% |
Shandong Longji Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Longji Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Menivim The New REIT Ltd
TA:MNRT
|
$387.25 Million |
|
eQ Oyj
HE:EQV1V
|
$387.27 Million |
|
Impulse Qingdao Health Tech Co Ltd
SHE:002899
|
$387.35 Million |
|
Taiyuan Lionhead Cement Co Ltd
SHG:600539
|
$387.38 Million |
|
Beijing Hanyi Innovation Technology Co. Ltd. A
SHE:301270
|
$387.19 Million |
|
Anhui ANLI Artificial Leather
SHE:300218
|
$387.06 Million |
|
Samaiden Group Bhd
KLSE:0223
|
$387.00 Million |
|
Dufu Tech Corp Bhd
KLSE:7233
|
$386.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Longji Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,114,575,761 to 2,154,291,699, a change of 39,715,938 (1.9%).
- Net income of 66,972,659 contributed positively to equity growth.
- Dividend payments of 26,388,185 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥66.97 Million | +3.11% |
| Dividends Paid | CN¥26.39 Million | -1.22% |
| Other Changes | CN¥-868.54K | -0.04% |
| Total Change | CN¥- | 1.88% |
Book Value vs Market Value Analysis
This analysis compares Shandong Longji Machinery 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.33x to 1.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥19.28 | CN¥6.36 | x |
| 2007-12-31 | CN¥1.69 | CN¥6.36 | x |
| 2008-12-31 | CN¥1.06 | CN¥6.36 | x |
| 2009-12-31 | CN¥1.34 | CN¥6.36 | x |
| 2010-12-31 | CN¥3.12 | CN¥6.36 | x |
| 2011-12-31 | CN¥3.13 | CN¥6.36 | x |
| 2012-12-31 | CN¥3.76 | CN¥6.36 | x |
| 2013-12-31 | CN¥4.60 | CN¥6.36 | x |
| 2014-12-31 | CN¥4.32 | CN¥6.36 | x |
| 2015-12-31 | CN¥4.61 | CN¥6.36 | x |
| 2016-12-31 | CN¥4.94 | CN¥6.36 | x |
| 2017-12-31 | CN¥5.57 | CN¥6.36 | x |
| 2018-12-31 | CN¥5.40 | CN¥6.36 | x |
| 2019-12-31 | CN¥5.72 | CN¥6.36 | x |
| 2020-12-31 | CN¥5.20 | CN¥6.36 | x |
| 2021-12-31 | CN¥5.49 | CN¥6.36 | x |
| 2022-12-31 | CN¥5.15 | CN¥6.36 | x |
| 2023-12-31 | CN¥5.18 | CN¥6.36 | x |
| 2024-12-31 | CN¥4.95 | CN¥6.36 | x |
| 2025-12-31 | CN¥5.17 | CN¥6.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Longji Machinery 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): 3.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.28%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.42x
- Recent ROE (3.11%) is below the historical average (7.35%), 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 | 18.79% | 9.06% | 0.80x | 2.60x | CN¥19.69 Million |
| 2007 | 30.23% | 8.75% | 0.86x | 4.01x | CN¥34.49 Million |
| 2008 | 23.88% | 7.47% | 1.08x | 2.96x | CN¥30.90 Million |
| 2009 | 21.53% | 7.43% | 0.90x | 3.23x | CN¥32.51 Million |
| 2010 | 5.93% | 5.35% | 0.58x | 1.90x | CN¥-33.96 Million |
| 2011 | 6.18% | 5.22% | 0.58x | 2.04x | CN¥-33.44 Million |
| 2012 | 4.14% | 3.69% | 0.52x | 2.14x | CN¥-52.88 Million |
| 2013 | 4.13% | 4.66% | 0.50x | 1.76x | CN¥-74.94 Million |
| 2014 | 3.47% | 3.67% | 0.54x | 1.77x | CN¥-85.38 Million |
| 2015 | 4.12% | 4.00% | 0.63x | 1.62x | CN¥-79.30 Million |
| 2016 | 3.24% | 4.09% | 0.54x | 1.46x | CN¥-125.45 Million |
| 2017 | 2.51% | 3.25% | 0.52x | 1.48x | CN¥-167.16 Million |
| 2018 | 3.52% | 4.27% | 0.55x | 1.49x | CN¥-149.44 Million |
| 2019 | 2.62% | 3.79% | 0.47x | 1.46x | CN¥-174.13 Million |
| 2020 | 2.12% | 2.95% | 0.49x | 1.45x | CN¥-175.13 Million |
| 2021 | 1.46% | 1.61% | 0.56x | 1.60x | CN¥-185.41 Million |
| 2022 | 2.14% | 2.00% | 0.64x | 1.68x | CN¥-167.76 Million |
| 2023 | 1.74% | 1.66% | 0.65x | 1.61x | CN¥-175.39 Million |
| 2024 | 2.22% | 1.97% | 0.71x | 1.60x | CN¥-164.48 Million |
| 2025 | 3.11% | 3.28% | 0.67x | 1.42x | CN¥-148.46 Million |
Industry Comparison
This section compares Shandong Longji Machinery Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,079,198,704
- Average return on equity (ROE) among peers: 4.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Longji Machinery Co Ltd (002363) | CN¥2.21 Billion | 18.79% | 0.36x | $387.25 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.64 Billion | 0.00% | 0.00x | $902.81 Million |
| Wanxiang Qianchao Co Ltd (000559) | $5.46 Billion | 13.23% | 1.21x | $6.10 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $13.40 Billion | 12.48% | 0.29x | $2.06 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.07 Billion | 4.56% | 2.03x | $944.09 Million |
| Qingdao Doublestar Co Ltd (000599) | $985.40 Million | 6.28% | 1.72x | $1.49 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $-125.97 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $871.28 Million | -4.06% | 1.57x | $1.31 Billion |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $202.24 Million | 0.00% | 0.91x | $1.83 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $619.96 Million | 7.60% | 0.80x | $295.44 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-54.85 Million | 0.00% | 0.00x | $3.31 Billion |
About Shandong Longji Machinery Co Ltd
Shandong Longji Machinery Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of automotive brake components in China and internationally. The company offers brake discs, brake hubs, brake calipers, heavy-duty vehicle brake drums, wheel hubs, and brake pads, as well as brake assemblies, brake shoes, and forged brake components. Its products are used… Read more