Lu Thai Textile

SHE:200726 China Textile Manufacturing
Market Cap
$144.69 Million
HK$1.13 Billion HKD
Market Cap Rank
#11949 Global
#2890 in China
Share Price
HK$4.98
Change (1 day)
-0.20%
52-Week Range
HK$3.79 - HK$5.20
All Time High
HK$7.84
Categories
Companies in China Textile Manufacturing
About

Lu Thai Textile Co., Ltd., together with its subsidiaries, produces and sells yarn-dyed fabrics as well as shirts and garments in Mainland China, Japan, South Korea, rest of Southeast Asia, Europe, the United States, and internationally. It offers combed cotton and blended yarns; yarns and fabrics of cotton, fiber, silk, wool, chemical fiber, and other materials; shirts; and dyeing fabrics, inclu… Read more

Lu Thai Textile (200726) - Net Assets

Latest net assets as of June 2025: HK$10.03 Billion HKD

Based on the latest financial reports, Lu Thai Textile (200726) has net assets worth HK$10.03 Billion HKD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$13.88 Billion) and total liabilities (HK$3.85 Billion). 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 HK$10.03 Billion
% of Total Assets 72.24%
Annual Growth Rate 14.65%
5-Year Change 21.38%
10-Year Change 34.97%
Growth Volatility 48.5

Lu Thai Textile - Net Assets Trend (1994–2024)

This chart illustrates how Lu Thai Textile's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Lu Thai Textile (1994–2024)

The table below shows the annual net assets of Lu Thai Textile from 1994 to 2024.

Year Net Assets Change
2024-12-31 HK$9.82 Billion +2.12%
2023-12-31 HK$9.62 Billion +2.23%
2022-12-31 HK$9.41 Billion +12.44%
2021-12-31 HK$8.37 Billion +3.40%
2020-12-31 HK$8.09 Billion -2.50%
2019-12-31 HK$8.30 Billion +7.42%
2018-12-31 HK$7.73 Billion -0.63%
2017-12-31 HK$7.78 Billion +4.88%
2016-12-31 HK$7.41 Billion +1.88%
2015-12-31 HK$7.28 Billion +3.71%
2014-12-31 HK$7.02 Billion +9.38%
2013-12-31 HK$6.41 Billion +13.44%
2012-12-31 HK$5.65 Billion +3.38%
2011-12-31 HK$5.47 Billion +15.36%
2010-12-31 HK$4.74 Billion +13.23%
2009-12-31 HK$4.19 Billion +10.76%
2008-12-31 HK$3.78 Billion +50.95%
2007-12-31 HK$2.50 Billion +17.01%
2006-12-31 HK$2.14 Billion +10.67%
2005-12-31 HK$1.93 Billion +10.79%
2004-12-31 HK$1.75 Billion +12.77%
2003-12-31 HK$1.55 Billion +18.90%
2002-12-31 HK$1.30 Billion +1.79%
2001-12-31 HK$1.28 Billion +5.20%
2000-12-31 HK$1.22 Billion +260.42%
1999-12-31 HK$337.41 Million +4.81%
1998-12-31 HK$321.93 Million +0.83%
1997-12-31 HK$319.30 Million +98.23%
1996-12-31 HK$161.07 Million -0.83%
1995-12-31 HK$162.43 Million +0.03%
1994-12-31 HK$162.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Lu Thai Textile'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 693316500600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings HK$6.93 Billion 73.45%
Common Stock HK$817.31 Million 8.66%
Other Components HK$1.69 Billion 17.89%
Total Equity HK$9.44 Billion 100.00%

Lu Thai Textile Competitors by Market Cap

The table below lists competitors of Lu Thai Textile ranked by their market capitalization.

Company Market Cap
Mirle Automation Corp
TW:2464
 		$357.87 Million
Guangdong Banbao Toy Co Ltd
SHG:603398
 		$357.88 Million
Becle S.A.B. de C.V
MX:CUERVO
 		$357.89 Million
Rapid7 Inc
NASDAQ:RPD
 		$358.02 Million
Jiangxi Tianli Technology INC
SHE:300399
 		$357.48 Million
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
 		$357.28 Million
GDI Integrated
TO:GDI
 		$357.25 Million
TIMBERCREEK FINL
F:58O
 		$357.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lu Thai Textile's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,230,806,904 to 9,438,728,389, a change of 207,921,485 (2.3%).
  • Net income of 410,321,398 contributed positively to equity growth.
  • Dividend payments of 293,297,631 reduced retained earnings.
  • Share repurchases of 37,825,088 reduced equity.
  • Other factors increased equity by 128,722,806.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income HK$410.32 Million +4.35%
Dividends Paid HK$293.30 Million -3.11%
Share Repurchases HK$37.83 Million -0.4%
Other Changes HK$128.72 Million +1.36%
Total Change HK$- 2.25%

Book Value vs Market Value Analysis

This analysis compares Lu Thai Textile'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: 0.46x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 26.11x to 0.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 HK$0.19 HK$4.98 x
1995-12-31 HK$0.19 HK$4.98 x
1996-12-31 HK$0.18 HK$4.98 x
1997-12-31 HK$0.37 HK$4.98 x
1998-12-31 HK$0.38 HK$4.98 x
1999-12-31 HK$0.39 HK$4.98 x
2000-12-31 HK$1.42 HK$4.98 x
2001-12-31 HK$1.46 HK$4.98 x
2002-12-31 HK$1.48 HK$4.98 x
2003-12-31 HK$1.71 HK$4.98 x
2004-12-31 HK$1.86 HK$4.98 x
2005-12-31 HK$2.04 HK$4.98 x
2006-12-31 HK$2.29 HK$4.98 x
2007-12-31 HK$2.66 HK$4.98 x
2008-12-31 HK$4.14 HK$4.98 x
2009-12-31 HK$3.92 HK$4.98 x
2010-12-31 HK$4.41 HK$4.98 x
2011-12-31 HK$5.09 HK$4.98 x
2012-12-31 HK$5.28 HK$4.98 x
2013-12-31 HK$6.23 HK$4.98 x
2014-12-31 HK$6.87 HK$4.98 x
2015-12-31 HK$7.20 HK$4.98 x
2016-12-31 HK$7.29 HK$4.98 x
2017-12-31 HK$7.82 HK$4.98 x
2018-12-31 HK$7.93 HK$4.98 x
2019-12-31 HK$8.97 HK$4.98 x
2020-12-31 HK$8.69 HK$4.98 x
2021-12-31 HK$8.27 HK$4.98 x
2022-12-31 HK$8.88 HK$4.98 x
2023-12-31 HK$9.61 HK$4.98 x
2024-12-31 HK$10.81 HK$4.98 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lu Thai Textile 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): 4.35%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.74%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 1.48x
  • Recent ROE (4.35%) is below the historical average (12.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 3.75% 5.73% 0.25x 2.62x HK$-10.14 Million
1995 10.26% 10.87% 0.32x 2.98x HK$427.99K
1996 17.75% 13.21% 0.43x 3.13x HK$11.94 Million
1997 12.84% 13.09% 0.52x 1.90x HK$8.86 Million
1998 16.29% 16.57% 0.54x 1.81x HK$20.23 Million
1999 19.22% 16.18% 0.65x 1.82x HK$30.91 Million
2000 7.14% 17.80% 0.34x 1.17x HK$-34.59 Million
2001 9.20% 14.53% 0.53x 1.20x HK$-9.87 Million
2002 9.96% 13.20% 0.53x 1.42x HK$-444.69K
2003 13.20% 15.09% 0.49x 1.78x HK$46.52 Million
2004 17.69% 14.80% 0.47x 2.52x HK$121.66 Million
2005 17.93% 13.95% 0.51x 2.54x HK$137.73 Million
2006 17.14% 11.69% 0.57x 2.56x HK$139.26 Million
2007 20.29% 12.06% 0.65x 2.59x HK$233.12 Million
2008 14.48% 13.08% 0.55x 2.00x HK$158.82 Million
2009 14.55% 14.13% 0.64x 1.61x HK$178.25 Million
2010 16.78% 14.71% 0.72x 1.59x HK$298.68 Million
2011 16.68% 13.96% 0.78x 1.52x HK$339.92 Million
2012 13.44% 12.00% 0.72x 1.55x HK$180.99 Million
2013 16.69% 15.42% 0.77x 1.40x HK$400.45 Million
2014 14.55% 15.54% 0.72x 1.31x HK$299.85 Million
2015 10.42% 11.54% 0.68x 1.33x HK$28.48 Million
2016 11.61% 13.47% 0.64x 1.36x HK$111.65 Million
2017 11.63% 13.12% 0.63x 1.41x HK$118.06 Million
2018 11.36% 11.80% 0.65x 1.47x HK$96.87 Million
2019 12.37% 14.00% 0.57x 1.54x HK$182.67 Million
2020 1.27% 2.05% 0.39x 1.58x HK$-671.45 Million
2021 4.35% 6.64% 0.40x 1.63x HK$-450.72 Million
2022 10.69% 13.89% 0.52x 1.48x HK$62.45 Million
2023 4.37% 6.77% 0.44x 1.45x HK$-519.64 Million
2024 4.35% 6.74% 0.44x 1.48x HK$-533.55 Million

Industry Comparison

This section compares Lu Thai Textile's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $2,087,528,080
  • Average return on equity (ROE) among peers: 3.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lu Thai Textile (200726) HK$10.03 Billion 3.75% 0.38x $357.66 Million
Shijiazhuang Changshan Textile Co Ltd (000158) $6.01 Billion 5.91% 1.13x $2.82 Billion
Jilin Chemical Fibre Co Ltd (000420) $2.78 Billion 3.08% 1.22x $1.35 Billion
Anhui Huamao Textile Co Ltd (000850) $1.46 Billion 9.44% 1.18x $321.50 Million
Xinxiang Chemical Fiber Co Ltd (000949) $5.51 Billion -7.89% 1.03x $1.15 Billion
Xinlong Holding Group Co Ltd (000955) $456.17 Million 0.57% 1.07x $279.03 Million
Jiiangsu Times Textile Technology Co.LTD (001234) $895.28 Million 7.28% 0.27x $106.39 Million
Anhui Guqi Down & Feather (001390) $913.70 Million 18.41% 0.55x $30.69K
Huafu Top Dyed Melange Yarn Co Ltd (002042) $218.05 Million -26.65% 0.95x $570.82 Million
Sunvim Group Co Ltd (002083) $2.51 Billion 5.50% 1.43x $791.11 Million
Hongda High-Tech Holding Co Ltd (002144) $122.66 Million 23.59% 1.10x $232.55 Million