Chengdu Leejun Industrial Co Ltd (002651) - Net Assets
Based on the latest financial reports, Chengdu Leejun Industrial Co Ltd (002651) has net assets worth CN¥2.80 Billion CNY (≈ $410.20 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.63 Billion ≈ $531.79 Million USD) and total liabilities (CN¥830.94 Million ≈ $121.59 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 002651 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.80 Billion |
| % of Total Assets | 77.14% |
| Annual Growth Rate | 17.21% |
| 5-Year Change | 170.25% |
| 10-Year Change | 238.66% |
| Growth Volatility | 72.17 |
Chengdu Leejun Industrial Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Chengdu Leejun Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See Chengdu Leejun Industrial Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chengdu Leejun Industrial Co Ltd (2008–2025)
The table below shows the annual net assets of Chengdu Leejun Industrial Co Ltd from 2008 to 2025. For live valuation and market cap data, see 002651 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.45 Billion ≈ $943.12 Million |
+131.87% |
| 2024-12-31 | CN¥2.78 Billion ≈ $406.75 Million |
+3.07% |
| 2023-12-31 | CN¥2.70 Billion ≈ $394.64 Million |
+3.85% |
| 2022-12-31 | CN¥2.60 Billion ≈ $380.03 Million |
+8.90% |
| 2021-12-31 | CN¥2.38 Billion ≈ $348.98 Million |
+0.73% |
| 2020-12-31 | CN¥2.37 Billion ≈ $346.45 Million |
+7.58% |
| 2019-12-31 | CN¥2.20 Billion ≈ $322.05 Million |
+7.54% |
| 2018-12-31 | CN¥2.05 Billion ≈ $299.47 Million |
+3.48% |
| 2017-12-31 | CN¥1.98 Billion ≈ $289.41 Million |
+3.93% |
| 2016-12-31 | CN¥1.90 Billion ≈ $278.48 Million |
+2.16% |
| 2015-12-31 | CN¥1.86 Billion ≈ $272.61 Million |
-0.64% |
| 2014-12-31 | CN¥1.87 Billion ≈ $274.35 Million |
-0.64% |
| 2013-12-31 | CN¥1.89 Billion ≈ $276.11 Million |
-8.62% |
| 2012-12-31 | CN¥2.06 Billion ≈ $302.17 Million |
+8.67% |
| 2011-12-31 | CN¥1.90 Billion ≈ $278.07 Million |
+281.51% |
| 2010-12-31 | CN¥498.10 Million ≈ $72.89 Million |
+67.97% |
| 2009-12-31 | CN¥296.55 Million ≈ $43.39 Million |
-31.59% |
| 2008-12-31 | CN¥433.49 Million ≈ $63.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chengdu Leejun Industrial 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 145.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥907.90 Million | 32.36% |
| Other Comprehensive Income | CN¥2.81 Billion | 100.00% |
| Total Equity | CN¥2.81 Billion | 100.00% |
Chengdu Leejun Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Chengdu Leejun Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
$1.20 Billion |
|
X Fab Silicon Foundries EV
PA:XFAB
|
$1.20 Billion |
|
North Long Dragon New Materials Technology Co. Ltd. A
SHE:301357
|
$1.20 Billion |
|
Xinyu Iron & Steel Co Ltd
SHG:600782
|
$1.20 Billion |
|
FuelCell Energy Inc
NASDAQ:FCEL
|
$1.20 Billion |
|
SK Reit Co Ltd
KO:395400
|
$1.20 Billion |
|
Refrigeration Electrical Engineering Corp
VN:REE
|
$1.20 Billion |
|
Sun Art Retail Group Limited
F:SRI
|
$1.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Leejun Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,779,628,449 to 2,805,373,000, a change of 25,744,551 (0.9%).
- Net income of 57,545,000 contributed positively to equity growth.
- Dividend payments of 62,007,600 reduced retained earnings.
- Other comprehensive income increased equity by 2,457,859,116.
- Other factors decreased equity by 2,427,651,965.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥57.55 Million | +2.05% |
| Dividends Paid | CN¥62.01 Million | -2.21% |
| Other Comprehensive Income | CN¥2.46 Billion | +87.61% |
| Other Changes | CN¥-2.43 Billion | -86.54% |
| Total Change | CN¥- | 0.93% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Leejun Industrial 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: 2.70x
- 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 16.52x to 2.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.48 | CN¥7.91 | x |
| 2009-12-31 | CN¥0.33 | CN¥7.91 | x |
| 2010-12-31 | CN¥0.55 | CN¥7.91 | x |
| 2011-12-31 | CN¥2.11 | CN¥7.91 | x |
| 2012-12-31 | CN¥2.06 | CN¥7.91 | x |
| 2013-12-31 | CN¥1.89 | CN¥7.91 | x |
| 2014-12-31 | CN¥1.87 | CN¥7.91 | x |
| 2015-12-31 | CN¥1.80 | CN¥7.91 | x |
| 2016-12-31 | CN¥1.98 | CN¥7.91 | x |
| 2017-12-31 | CN¥2.00 | CN¥7.91 | x |
| 2018-12-31 | CN¥2.06 | CN¥7.91 | x |
| 2019-12-31 | CN¥2.22 | CN¥7.91 | x |
| 2020-12-31 | CN¥2.35 | CN¥7.91 | x |
| 2021-12-31 | CN¥2.25 | CN¥7.91 | x |
| 2022-12-31 | CN¥2.48 | CN¥7.91 | x |
| 2023-12-31 | CN¥2.63 | CN¥7.91 | x |
| 2024-12-31 | CN¥2.78 | CN¥7.91 | x |
| 2025-12-31 | CN¥2.93 | CN¥7.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Leejun Industrial 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): 2.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.93%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.30x
- Recent ROE (2.05%) is below the historical average (21.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 39.27% | 33.54% | 0.50x | 2.32x | CN¥126.87 Million |
| 2009 | 92.76% | 36.13% | 0.60x | 4.31x | CN¥245.42 Million |
| 2010 | 115.75% | 39.81% | 1.13x | 2.58x | CN¥526.74 Million |
| 2011 | 22.34% | 34.80% | 0.50x | 1.28x | CN¥234.56 Million |
| 2012 | 14.19% | 36.42% | 0.31x | 1.28x | CN¥86.49 Million |
| 2013 | 16.49% | 35.21% | 0.35x | 1.34x | CN¥122.47 Million |
| 2014 | 13.91% | 35.25% | 0.32x | 1.24x | CN¥73.29 Million |
| 2015 | 7.77% | 25.25% | 0.23x | 1.34x | CN¥-41.45 Million |
| 2016 | 5.04% | 20.75% | 0.19x | 1.31x | CN¥-94.38 Million |
| 2017 | 6.51% | 24.51% | 0.21x | 1.25x | CN¥-69.04 Million |
| 2018 | 5.82% | 23.05% | 0.21x | 1.23x | CN¥-85.59 Million |
| 2019 | 8.10% | 25.92% | 0.26x | 1.21x | CN¥-41.81 Million |
| 2020 | 8.10% | 23.41% | 0.28x | 1.26x | CN¥-45.08 Million |
| 2021 | 8.43% | 20.85% | 0.31x | 1.31x | CN¥-37.18 Million |
| 2022 | 8.46% | 21.54% | 0.29x | 1.33x | CN¥-40.02 Million |
| 2023 | 4.56% | 11.46% | 0.33x | 1.22x | CN¥-146.79 Million |
| 2024 | 4.32% | 15.47% | 0.23x | 1.24x | CN¥-157.86 Million |
| 2025 | 2.05% | 7.93% | 0.20x | 1.30x | CN¥-222.99 Million |
Industry Comparison
This section compares Chengdu Leejun Industrial Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Leejun Industrial Co Ltd (002651) | CN¥2.80 Billion | 39.27% | 0.30x | $1.20 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Chengdu Leejun Industrial Co Ltd
Chengdu Leejun Industrial Co., Ltd. researches and develops, designs, manufactures, sells, and services grinding process system equipment in the People's Republic of China and internationally. The company offers roller presses, high-pressure roller mills, roller systems, powder separators that are used in cement building materials, mining, metallurgy, chemical industry, and other industries. It i… Read more