Guangdong LingXiao Pump Industry Co Ltd (002884) - Net Assets
Based on the latest financial reports, Guangdong LingXiao Pump Industry Co Ltd (002884) has net assets worth CN¥2.31 Billion CNY (≈ $338.37 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¥2.48 Billion ≈ $363.26 Million USD) and total liabilities (CN¥170.06 Million ≈ $24.88 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 002884 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 002884 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Guangdong LingXiao Pump Industry Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.32 Billion ≈ $339.30 Million |
+3.61% |
| 2023-12-31 | CN¥2.24 Billion ≈ $327.47 Million |
+1.25% |
| 2022-12-31 | CN¥2.21 Billion ≈ $323.44 Million |
+3.18% |
| 2021-12-31 | CN¥2.14 Billion ≈ $313.45 Million |
+8.44% |
| 2020-12-31 | CN¥1.98 Billion ≈ $289.05 Million |
+41.89% |
| 2019-12-31 | CN¥1.39 Billion ≈ $203.72 Million |
+4.92% |
| 2018-12-31 | CN¥1.33 Billion ≈ $194.17 Million |
+10.15% |
| 2017-12-31 | CN¥1.20 Billion ≈ $176.27 Million |
+107.21% |
| 2016-12-31 | CN¥581.33 Million ≈ $85.07 Million |
+0.84% |
| 2015-12-31 | CN¥576.49 Million ≈ $84.36 Million |
+7.70% |
| 2014-12-31 | CN¥535.25 Million ≈ $78.32 Million |
+17.19% |
| 2013-12-31 | CN¥456.72 Million ≈ $66.83 Million |
+52.00% |
| 2012-12-31 | CN¥300.48 Million ≈ $43.97 Million |
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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.
| Company | Market Cap |
|---|---|
|
Far Eastern Department Stores Ltd
TW:2903
|
$985.30 Million |
|
Hana Materials Inc
KQ:166090
|
$986.95 Million |
|
Queclink Wireless Solutions Co Ltd
SHE:300590
|
$987.30 Million |
|
Chongqing Lummy Pharmaceutical
SHE:300006
|
$987.34 Million |
|
MFA Financial Inc
NYSE:MFA
|
$984.59 Million |
|
Uroica Mining Safety Eng
SHE:300099
|
$983.91 Million |
|
Dongguan Kingsun Optoelectronic Co Ltd
SHE:002638
|
$983.82 Million |
|
Swedish Logistic Property AB Series B
ST:SLP-B
|
$983.65 Million |
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: 2.95x
- 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 13.06x to 2.95x 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¥18.82 | x |
| 2013-12-31 | CN¥2.19 | CN¥18.82 | x |
| 2014-12-31 | CN¥2.57 | CN¥18.82 | x |
| 2015-12-31 | CN¥2.77 | CN¥18.82 | x |
| 2016-12-31 | CN¥2.79 | CN¥18.82 | x |
| 2017-12-31 | CN¥5.08 | CN¥18.82 | x |
| 2018-12-31 | CN¥4.80 | CN¥18.82 | x |
| 2019-12-31 | CN¥4.56 | CN¥18.82 | x |
| 2020-12-31 | CN¥5.73 | CN¥18.82 | x |
| 2021-12-31 | CN¥6.03 | CN¥18.82 | x |
| 2022-12-31 | CN¥6.18 | CN¥18.82 | x |
| 2023-12-31 | CN¥6.24 | CN¥18.82 | x |
| 2024-12-31 | CN¥6.38 | CN¥18.82 | 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
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 | $985.04 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Guangdong LingXiao Pump Industry Co Ltd
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