Guangdong LingXiao Pump Industry Co Ltd

SHE:002884 China Specialty Industrial Machinery
Market Cap
$910.63 Million
CN¥6.68 Billion CNY
Market Cap Rank
#10807 Global
#2445 in China
Share Price
CN¥18.68
Change (1 day)
-1.11%
52-Week Range
CN¥14.90 - CN¥18.89
All Time High
CN¥344.82
About

Guangdong Lingxiao Pump Industry Co.,Ltd. engages in the research, and development, design, production and sale of pumps in China and internationally. The company offers SPA, swimming pool, stainless centrifugal, and seawater pumps; industry in-line pump; stainless steel pumps, including horizontal single-stage, horizontal multi-stage, and vertical multi-stage stainless steel pumps; fitness and e… Read more

Guangdong LingXiao Pump Industry Co Ltd (002884) - Net Assets

Latest net assets as of September 2025: CN¥2.31 Billion CNY

Based on the latest financial reports, Guangdong LingXiao Pump Industry Co Ltd (002884) has net assets worth CN¥2.31 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.48 Billion) and total liabilities (CN¥170.06 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.31 Billion
% of Total Assets 93.15%
Annual Growth Rate 18.56%
5-Year Change 17.39%
10-Year Change 302.21%
Growth Volatility 30.23

Guangdong LingXiao Pump Industry Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Guangdong LingXiao Pump Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guangdong LingXiao Pump Industry Co Ltd (2012–2024)

The table below shows the annual net assets of Guangdong LingXiao Pump Industry Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.32 Billion +3.61%
2023-12-31 CN¥2.24 Billion +1.25%
2022-12-31 CN¥2.21 Billion +3.18%
2021-12-31 CN¥2.14 Billion +8.44%
2020-12-31 CN¥1.98 Billion +41.89%
2019-12-31 CN¥1.39 Billion +4.92%
2018-12-31 CN¥1.33 Billion +10.15%
2017-12-31 CN¥1.20 Billion +107.21%
2016-12-31 CN¥581.33 Million +0.84%
2015-12-31 CN¥576.49 Million +7.70%
2014-12-31 CN¥535.25 Million +17.19%
2013-12-31 CN¥456.72 Million +52.00%
2012-12-31 CN¥300.48 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong LingXiao Pump Industry 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 334.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥893.05 Million 38.51%
Common Stock CN¥357.68 Million 15.43%
Other Comprehensive Income CN¥380.44 Million 16.41%
Other Components CN¥687.56 Million 29.65%
Total Equity CN¥2.32 Billion 100.00%

Guangdong LingXiao Pump Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong LingXiao Pump Industry Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangdong LingXiao Pump Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,237,862,736 to 2,318,727,032, a change of 80,864,296 (3.6%).
  • Net income of 442,410,514 contributed positively to equity growth.
  • Dividend payments of 357,682,509 reduced retained earnings.
  • Other comprehensive income increased equity by 377,520,994.
  • Other factors decreased equity by 381,384,703.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥442.41 Million +19.08%
Dividends Paid CN¥357.68 Million -15.43%
Other Comprehensive Income CN¥377.52 Million +16.28%
Other Changes CN¥-381.38 Million -16.45%
Total Change CN¥- 3.61%

Book Value vs Market Value Analysis

This analysis compares Guangdong LingXiao Pump Industry 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: 2.93x
  • 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 12.96x to 2.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥1.44 CN¥18.68 x
2013-12-31 CN¥2.19 CN¥18.68 x
2014-12-31 CN¥2.57 CN¥18.68 x
2015-12-31 CN¥2.77 CN¥18.68 x
2016-12-31 CN¥2.79 CN¥18.68 x
2017-12-31 CN¥5.08 CN¥18.68 x
2018-12-31 CN¥4.80 CN¥18.68 x
2019-12-31 CN¥4.56 CN¥18.68 x
2020-12-31 CN¥5.73 CN¥18.68 x
2021-12-31 CN¥6.03 CN¥18.68 x
2022-12-31 CN¥6.18 CN¥18.68 x
2023-12-31 CN¥6.24 CN¥18.68 x
2024-12-31 CN¥6.38 CN¥18.68 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong LingXiao Pump Industry 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): 19.08%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 27.79%
  • • Asset Turnover: 0.64x
  • • Equity Multiplier: 1.08x
  • Recent ROE (19.08%) is below the historical average (19.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 22.84% 13.06% 1.21x 1.45x CN¥38.54 Million
2013 17.11% 12.38% 1.17x 1.18x CN¥32.47 Million
2014 21.50% 15.46% 1.21x 1.15x CN¥61.55 Million
2015 19.75% 14.88% 1.16x 1.14x CN¥56.21 Million
2016 25.82% 18.41% 1.19x 1.18x CN¥91.96 Million
2017 15.64% 19.15% 0.75x 1.09x CN¥67.91 Million
2018 16.82% 20.21% 0.77x 1.08x CN¥90.48 Million
2019 19.57% 24.00% 0.75x 1.09x CN¥133.16 Million
2020 18.15% 24.98% 0.66x 1.10x CN¥160.99 Million
2021 22.56% 23.43% 0.87x 1.11x CN¥269.10 Million
2022 19.09% 28.44% 0.63x 1.06x CN¥200.91 Million
2023 17.15% 29.17% 0.55x 1.07x CN¥159.91 Million
2024 19.08% 27.79% 0.64x 1.08x CN¥210.54 Million

Industry Comparison

This section compares Guangdong LingXiao Pump Industry 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: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong LingXiao Pump Industry Co Ltd (002884) CN¥2.31 Billion 22.84% 0.07x $447.71 Million
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million