Palm Landscape Architecture Co Ltd (002431) - Net Assets
Based on the latest financial reports, Palm Landscape Architecture Co Ltd (002431) has net assets worth CN¥1.32 Billion CNY (≈ $192.84 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¥18.44 Billion ≈ $2.70 Billion USD) and total liabilities (CN¥17.12 Billion ≈ $2.51 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 002431 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.32 Billion |
| % of Total Assets | 7.15% |
| Annual Growth Rate | 17.8% |
| 5-Year Change | -60.98% |
| 10-Year Change | -57.2% |
| Growth Volatility | 124.63 |
Palm Landscape Architecture Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Palm Landscape Architecture Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002431 company net worth.
Annual Net Assets for Palm Landscape Architecture Co Ltd (2007–2024)
The table below shows the annual net assets of Palm Landscape Architecture Co Ltd from 2007 to 2024. Also explore 002431 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.85 Billion ≈ $270.11 Million |
-47.13% |
| 2023-12-31 | CN¥3.49 Billion ≈ $510.88 Million |
-20.96% |
| 2022-12-31 | CN¥4.42 Billion ≈ $646.33 Million |
+11.96% |
| 2021-12-31 | CN¥3.95 Billion ≈ $577.31 Million |
-16.61% |
| 2020-12-31 | CN¥4.73 Billion ≈ $692.30 Million |
-0.45% |
| 2019-12-31 | CN¥4.75 Billion ≈ $695.39 Million |
-17.12% |
| 2018-12-31 | CN¥5.73 Billion ≈ $839.07 Million |
-0.67% |
| 2017-12-31 | CN¥5.77 Billion ≈ $844.69 Million |
+27.04% |
| 2016-12-31 | CN¥4.54 Billion ≈ $664.90 Million |
+5.35% |
| 2015-12-31 | CN¥4.31 Billion ≈ $631.16 Million |
+41.65% |
| 2014-12-31 | CN¥3.05 Billion ≈ $445.58 Million |
+13.29% |
| 2013-12-31 | CN¥2.69 Billion ≈ $393.32 Million |
+17.83% |
| 2012-12-31 | CN¥2.28 Billion ≈ $333.81 Million |
+15.75% |
| 2011-12-31 | CN¥1.97 Billion ≈ $288.38 Million |
+18.46% |
| 2010-12-31 | CN¥1.66 Billion ≈ $243.45 Million |
+527.59% |
| 2009-12-31 | CN¥265.09 Million ≈ $38.79 Million |
+38.09% |
| 2008-12-31 | CN¥191.97 Million ≈ $28.09 Million |
+68.57% |
| 2007-12-31 | CN¥113.88 Million ≈ $16.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Palm Landscape Architecture 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 decreased by 4941.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.81 Billion | 109.31% |
| Other Comprehensive Income | CN¥219.18 Million | 13.22% |
| Other Components | CN¥3.05 Billion | 183.87% |
| Total Equity | CN¥1.66 Billion | 100.00% |
Palm Landscape Architecture Co Ltd Competitors by Market Cap
The table below lists competitors of Palm Landscape Architecture Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Currenc Group Inc. Ordinary Shares
NASDAQ:CURR
|
$358.18 Million |
|
Greenyard NV
BR:GREEN
|
$358.22 Million |
|
Zhengzhou Tiamaes Technology Co Ltd
SHE:300807
|
$358.23 Million |
|
Neosem Inc
KQ:253590
|
$358.28 Million |
|
IVU Traffic Technologies AG
XETRA:IVU
|
$357.92 Million |
|
Universal Vision Biotechnology Co Ltd
TWO:3218
|
$357.69 Million |
|
INVALDA INVL AB EO-29
F:WTK
|
$357.64 Million |
|
HeidelbergCement India Limited
NSE:HEIDELBERG
|
$357.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palm Landscape Architecture Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,287,394,015 to 1,658,419,731, a change of -1,628,974,284 (-49.6%).
- Net loss of 1,578,841,417 reduced equity.
- Dividend payments of 286,757,602 reduced retained earnings.
- Share repurchases of 50,260,410 reduced equity.
- Other comprehensive income increased equity by 219,183,039.
- Other factors increased equity by 67,702,106.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.58 Billion | -95.2% |
| Dividends Paid | CN¥286.76 Million | -17.29% |
| Share Repurchases | CN¥50.26 Million | -3.03% |
| Other Comprehensive Income | CN¥219.18 Million | +13.22% |
| Other Changes | CN¥67.70 Million | +4.08% |
| Total Change | CN¥- | -49.55% |
Book Value vs Market Value Analysis
This analysis compares Palm Landscape Architecture 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: 1.46x
- 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 8.58x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.16 | CN¥1.35 | x |
| 2008-12-31 | CN¥0.24 | CN¥1.35 | x |
| 2009-12-31 | CN¥0.31 | CN¥1.35 | x |
| 2010-12-31 | CN¥1.45 | CN¥1.35 | x |
| 2011-12-31 | CN¥1.67 | CN¥1.35 | x |
| 2012-12-31 | CN¥1.92 | CN¥1.35 | x |
| 2013-12-31 | CN¥2.25 | CN¥1.35 | x |
| 2014-12-31 | CN¥2.55 | CN¥1.35 | x |
| 2015-12-31 | CN¥3.14 | CN¥1.35 | x |
| 2016-12-31 | CN¥3.18 | CN¥1.35 | x |
| 2017-12-31 | CN¥3.80 | CN¥1.35 | x |
| 2018-12-31 | CN¥3.31 | CN¥1.35 | x |
| 2019-12-31 | CN¥3.08 | CN¥1.35 | x |
| 2020-12-31 | CN¥3.07 | CN¥1.35 | x |
| 2021-12-31 | CN¥2.56 | CN¥1.35 | x |
| 2022-12-31 | CN¥2.67 | CN¥1.35 | x |
| 2023-12-31 | CN¥1.82 | CN¥1.35 | x |
| 2024-12-31 | CN¥0.92 | CN¥1.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palm Landscape Architecture 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): -95.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -51.52%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 10.99x
- Recent ROE (-95.20%) is below the historical average (-1.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 31.97% | 9.00% | 1.34x | 2.64x | CN¥24.24 Million |
| 2008 | 29.11% | 11.47% | 1.22x | 2.08x | CN¥36.59 Million |
| 2009 | 29.33% | 11.76% | 1.33x | 1.88x | CN¥51.13 Million |
| 2010 | 10.13% | 13.05% | 0.59x | 1.32x | CN¥2.12 Million |
| 2011 | 14.40% | 11.09% | 0.74x | 1.75x | CN¥84.50 Million |
| 2012 | 13.55% | 9.32% | 0.64x | 2.27x | CN¥78.01 Million |
| 2013 | 15.46% | 9.28% | 0.60x | 2.78x | CN¥140.79 Million |
| 2014 | 14.57% | 8.55% | 0.53x | 3.19x | CN¥134.25 Million |
| 2015 | -5.09% | -4.81% | 0.36x | 2.95x | CN¥-626.80 Million |
| 2016 | 2.83% | 3.09% | 0.29x | 3.20x | CN¥-306.17 Million |
| 2017 | 5.53% | 5.79% | 0.34x | 2.85x | CN¥-245.67 Million |
| 2018 | 0.91% | 0.94% | 0.30x | 3.18x | CN¥-504.24 Million |
| 2019 | -23.04% | -38.91% | 0.16x | 3.76x | CN¥-1.51 Billion |
| 2020 | 0.62% | 0.58% | 0.29x | 3.61x | CN¥-427.94 Million |
| 2021 | -20.64% | -19.39% | 0.23x | 4.65x | CN¥-1.16 Billion |
| 2022 | -17.28% | -17.09% | 0.23x | 4.43x | CN¥-1.15 Billion |
| 2023 | -28.59% | -23.20% | 0.21x | 5.75x | CN¥-1.27 Billion |
| 2024 | -95.20% | -51.52% | 0.17x | 10.99x | CN¥-1.74 Billion |
Industry Comparison
This section compares Palm Landscape Architecture Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,312,745,197
- Average return on equity (ROE) among peers: 7.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palm Landscape Architecture Co Ltd (002431) | CN¥1.32 Billion | 31.97% | 12.99x | $358.12 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $165.66 Million | 1.06% | 0.78x | $265.80 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $1.51 Billion | 3.62% | 0.41x | $2.60 Billion |
| NORINCO International Cooperation Ltd (000065) | $777.23 Million | 15.40% | 3.10x | $1.66 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $6.34 Billion | 7.05% | 2.04x | $967.93 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $35.37 Billion | 6.57% | 3.62x | $1.15 Billion |
| Jinyuan Cement Co Ltd (000546) | $4.26 Billion | 8.79% | 0.98x | $510.94 Million |
| Hunan Investment Group Co Ltd (000548) | $1.63 Billion | 7.98% | 0.27x | $333.84 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $141.29 Million | 10.81% | 18.48x | $3.12 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $359.90 Million | 10.16% | 0.28x | $601.29 Million |
| Hainan Expressway Co Ltd (000886) | $2.57 Billion | 2.46% | 0.21x | $677.18 Million |
About Palm Landscape Architecture Co Ltd
Palm Eco-Town Development Co., Ltd engages in the design, planning, construction, and operation of eco-towns in China. It is also involved in the garden, engineering and landscape, and smart urban and rural construction businesses. The company also engages in water conservancy and hydropower projects, municipal facilities management, offers investment and asset management services, and education … Read more