Lingnan Landscape Co Ltd (002717) - Net Assets
Based on the latest financial reports, Lingnan Landscape Co Ltd (002717) has net assets worth CN¥1.01 Billion CNY (≈ $148.34 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¥13.62 Billion ≈ $1.99 Billion USD) and total liabilities (CN¥12.61 Billion ≈ $1.85 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 Lingnan Landscape Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.01 Billion |
| % of Total Assets | 7.44% |
| Annual Growth Rate | 20.73% |
| 5-Year Change | -74.76% |
| 10-Year Change | 27.39% |
| Growth Volatility | 52.13 |
Lingnan Landscape Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Lingnan Landscape Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002717 asset base for the complete picture of this company's asset base.
Annual Net Assets for Lingnan Landscape Co Ltd (2008–2024)
The table below shows the annual net assets of Lingnan Landscape Co Ltd from 2008 to 2024. For live valuation and market cap data, see Lingnan Landscape Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion ≈ $179.03 Million |
-46.84% |
| 2023-12-31 | CN¥2.30 Billion ≈ $336.77 Million |
-36.19% |
| 2022-12-31 | CN¥3.61 Billion ≈ $527.77 Million |
-29.91% |
| 2021-12-31 | CN¥5.15 Billion ≈ $752.94 Million |
+6.14% |
| 2020-12-31 | CN¥4.85 Billion ≈ $709.35 Million |
-6.78% |
| 2019-12-31 | CN¥5.20 Billion ≈ $760.98 Million |
+12.32% |
| 2018-12-31 | CN¥4.63 Billion ≈ $677.50 Million |
+24.19% |
| 2017-12-31 | CN¥3.73 Billion ≈ $545.55 Million |
+40.04% |
| 2016-12-31 | CN¥2.66 Billion ≈ $389.57 Million |
+177.20% |
| 2015-12-31 | CN¥960.39 Million ≈ $140.53 Million |
+27.52% |
| 2014-12-31 | CN¥753.15 Million ≈ $110.21 Million |
+76.74% |
| 2013-12-31 | CN¥426.14 Million ≈ $62.36 Million |
+29.33% |
| 2012-12-31 | CN¥329.51 Million ≈ $48.22 Million |
+33.42% |
| 2011-12-31 | CN¥246.98 Million ≈ $36.14 Million |
+42.20% |
| 2010-12-31 | CN¥173.69 Million ≈ $25.42 Million |
+67.36% |
| 2009-12-31 | CN¥103.78 Million ≈ $15.19 Million |
+72.75% |
| 2008-12-31 | CN¥60.08 Million ≈ $8.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lingnan Landscape 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 6356.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.82 Billion | 170.98% |
| Other Components | CN¥1.29 Billion | 121.02% |
| Total Equity | CN¥1.06 Billion | 100.00% |
Lingnan Landscape Co Ltd Competitors by Market Cap
The table below lists competitors of Lingnan Landscape Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou Seagull Kitchen And Bath Products Co Ltd
SHE:002084
|
$364.92 Million |
|
Shenzhen Friendcom Technology Development Co Ltd
SHE:300514
|
$364.95 Million |
|
Vadilal Industries Limited
NSE:VADILALIND
|
$365.08 Million |
|
Beijing Infosec Technologies Co. Ltd. A
SHG:688201
|
$365.24 Million |
|
Eurocharm Holdings Co Ltd
TW:5288
|
$364.68 Million |
|
Jiangsu Safety Wire Rope
SHG:603028
|
$364.59 Million |
|
Vox Royalty Corp. Common Stock
NASDAQ:VOXR
|
$364.56 Million |
|
Hellenic Exchanges - Athens Stock Exchange SA
AT:EXAE
|
$364.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lingnan Landscape Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,104,303,343 to 1,064,573,801, a change of -1,039,729,542 (-49.4%).
- Net loss of 984,329,796 reduced equity.
- Dividend payments of 69,318,277 reduced retained earnings.
- Other factors increased equity by 13,918,531.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-984.33 Million | -92.46% |
| Dividends Paid | CN¥69.32 Million | -6.51% |
| Other Changes | CN¥13.92 Million | +1.31% |
| Total Change | CN¥- | -49.41% |
Book Value vs Market Value Analysis
This analysis compares Lingnan Landscape 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: 2.21x
- 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 13.54x to 2.21x 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¥0.10 | CN¥1.37 | x |
| 2009-12-31 | CN¥0.13 | CN¥1.37 | x |
| 2010-12-31 | CN¥0.19 | CN¥1.37 | x |
| 2011-12-31 | CN¥0.25 | CN¥1.37 | x |
| 2012-12-31 | CN¥0.34 | CN¥1.37 | x |
| 2013-12-31 | CN¥0.43 | CN¥1.37 | x |
| 2014-12-31 | CN¥0.69 | CN¥1.37 | x |
| 2015-12-31 | CN¥0.84 | CN¥1.37 | x |
| 2016-12-31 | CN¥1.95 | CN¥1.37 | x |
| 2017-12-31 | CN¥2.51 | CN¥1.37 | x |
| 2018-12-31 | CN¥2.95 | CN¥1.37 | x |
| 2019-12-31 | CN¥2.98 | CN¥1.37 | x |
| 2020-12-31 | CN¥2.93 | CN¥1.37 | x |
| 2021-12-31 | CN¥2.88 | CN¥1.37 | x |
| 2022-12-31 | CN¥1.98 | CN¥1.37 | x |
| 2023-12-31 | CN¥1.25 | CN¥1.37 | x |
| 2024-12-31 | CN¥0.62 | CN¥1.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lingnan Landscape 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): -92.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -114.21%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 13.49x
- Recent ROE (-92.46%) is below the historical average (3.82%), 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 | 36.95% | 11.06% | 1.95x | 1.72x | CN¥16.05 Million |
| 2009 | 34.31% | 11.29% | 1.34x | 2.27x | CN¥25.07 Million |
| 2010 | 35.25% | 12.43% | 1.47x | 1.92x | CN¥43.86 Million |
| 2011 | 29.68% | 11.49% | 1.09x | 2.37x | CN¥48.59 Million |
| 2012 | 25.05% | 11.74% | 0.81x | 2.64x | CN¥49.58 Million |
| 2013 | 22.68% | 12.00% | 0.67x | 2.83x | CN¥54.02 Million |
| 2014 | 15.54% | 10.75% | 0.57x | 2.54x | CN¥41.70 Million |
| 2015 | 17.52% | 8.89% | 0.52x | 3.79x | CN¥72.08 Million |
| 2016 | 9.81% | 10.16% | 0.48x | 2.01x | CN¥-4.95 Million |
| 2017 | 14.06% | 10.66% | 0.44x | 3.02x | CN¥147.07 Million |
| 2018 | 17.29% | 8.81% | 0.54x | 3.64x | CN¥328.23 Million |
| 2019 | 6.71% | 4.12% | 0.41x | 4.00x | CN¥-160.42 Million |
| 2020 | -10.14% | -6.80% | 0.34x | 4.39x | CN¥-897.98 Million |
| 2021 | 0.97% | 0.98% | 0.25x | 3.95x | CN¥-436.76 Million |
| 2022 | -46.26% | -59.98% | 0.15x | 5.17x | CN¥-1.87 Billion |
| 2023 | -52.08% | -51.45% | 0.13x | 7.53x | CN¥-1.31 Billion |
| 2024 | -92.46% | -114.21% | 0.06x | 13.49x | CN¥-1.09 Billion |
Industry Comparison
This section compares Lingnan Landscape Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,659,169,713
- Average return on equity (ROE) among peers: 4.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lingnan Landscape Co Ltd (002717) | CN¥1.01 Billion | 36.95% | 12.44x | $364.91 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $86.44 Million | 8.33% | 1.82x | $486.19 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $659.52 Million | 6.07% | 1.00x | $3.08 Billion |
| NORINCO International Cooperation Ltd (000065) | $9.29 Billion | 9.88% | 1.56x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $3.07 Billion | 6.62% | 1.44x | $962.46 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $518.35 Million | -21.04% | 2.07x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $6.14 Billion | 1.41% | 0.76x | $878.49 Million |
| Hunan Investment Group Co Ltd (000548) | $1.55 Billion | 3.80% | 0.54x | $389.36 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $686.52 Million | 6.80% | 4.78x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $2.16 Billion | 14.25% | 0.81x | $602.65 Million |
| Hainan Expressway Co Ltd (000886) | $2.44 Billion | 4.85% | 0.21x | $800.17 Million |
About Lingnan Landscape Co Ltd
LingNan Eco&Culture-Tourism Co.,Ltd. engages in the planning and design, water conservancy and environment, municipal administration and gardening, cultural technology and tourism activities in China. The company undertakes planning and design, municipal and landscape engineering, and water conservancy and water environment engineering; and involved in the municipal roads and bridges, municipal w… Read more