Lu Thai Textile (200726) - Net Assets
Based on the latest financial reports, Lu Thai Textile (200726) has net assets worth HK$10.19 Billion HKD (≈ $1.30 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$14.02 Billion ≈ $1.79 Billion USD) and total liabilities (HK$3.84 Billion ≈ $489.74 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. Also explore Lu Thai Textile (200726) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | HK$10.19 Billion |
| % of Total Assets | 72.64% |
| Annual Growth Rate | 14.26% |
| 5-Year Change | 21.07% |
| 10-Year Change | 36.65% |
| Growth Volatility | 47.8 |
Lu Thai Textile - Net Assets Trend (1994–2025)
This chart illustrates how Lu Thai Textile's net assets have evolved over time, based on quarterly financial data. Check 200726 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Lu Thai Textile (1994–2025)
The table below shows the annual net assets of Lu Thai Textile from 1994 to 2025. For live market cap and overall valuation, see 200726 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | HK$10.13 Billion ≈ $1.29 Billion |
+3.14% |
| 2024-12-31 | HK$9.82 Billion ≈ $1.25 Billion |
+2.12% |
| 2023-12-31 | HK$9.62 Billion ≈ $1.23 Billion |
+2.23% |
| 2022-12-31 | HK$9.41 Billion ≈ $1.20 Billion |
+12.44% |
| 2021-12-31 | HK$8.37 Billion ≈ $1.07 Billion |
+3.40% |
| 2020-12-31 | HK$8.09 Billion ≈ $1.03 Billion |
-2.50% |
| 2019-12-31 | HK$8.30 Billion ≈ $1.06 Billion |
+7.42% |
| 2018-12-31 | HK$7.73 Billion ≈ $986.23 Million |
-0.63% |
| 2017-12-31 | HK$7.78 Billion ≈ $992.52 Million |
+4.88% |
| 2016-12-31 | HK$7.41 Billion ≈ $946.31 Million |
+1.88% |
| 2015-12-31 | HK$7.28 Billion ≈ $928.89 Million |
+3.71% |
| 2014-12-31 | HK$7.02 Billion ≈ $895.67 Million |
+9.38% |
| 2013-12-31 | HK$6.41 Billion ≈ $818.85 Million |
+13.44% |
| 2012-12-31 | HK$5.65 Billion ≈ $721.84 Million |
+3.38% |
| 2011-12-31 | HK$5.47 Billion ≈ $698.26 Million |
+15.36% |
| 2010-12-31 | HK$4.74 Billion ≈ $605.28 Million |
+13.23% |
| 2009-12-31 | HK$4.19 Billion ≈ $534.57 Million |
+10.76% |
| 2008-12-31 | HK$3.78 Billion ≈ $482.66 Million |
+50.95% |
| 2007-12-31 | HK$2.50 Billion ≈ $319.75 Million |
+17.01% |
| 2006-12-31 | HK$2.14 Billion ≈ $273.27 Million |
+10.67% |
| 2005-12-31 | HK$1.93 Billion ≈ $246.93 Million |
+10.79% |
| 2004-12-31 | HK$1.75 Billion ≈ $222.89 Million |
+12.77% |
| 2003-12-31 | HK$1.55 Billion ≈ $197.65 Million |
+18.90% |
| 2002-12-31 | HK$1.30 Billion ≈ $166.23 Million |
+1.79% |
| 2001-12-31 | HK$1.28 Billion ≈ $163.31 Million |
+5.20% |
| 2000-12-31 | HK$1.22 Billion ≈ $155.24 Million |
+260.42% |
| 1999-12-31 | HK$337.41 Million ≈ $43.07 Million |
+4.81% |
| 1998-12-31 | HK$321.93 Million ≈ $41.10 Million |
+0.83% |
| 1997-12-31 | HK$319.30 Million ≈ $40.76 Million |
+98.23% |
| 1996-12-31 | HK$161.07 Million ≈ $20.56 Million |
-0.83% |
| 1995-12-31 | HK$162.43 Million ≈ $20.73 Million |
+0.03% |
| 1994-12-31 | HK$162.37 Million ≈ $20.73 Million |
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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 730350052672.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$7.30 Billion | 74.44% |
| Other Components | HK$2.51 Billion | 25.56% |
| Total Equity | HK$9.81 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 |
|---|---|
|
Yellow Pages Limited
TO:Y
|
$127.60 Million |
|
Alicon Castalloy Limited
NSE:ALICON
|
$127.72 Million |
|
Ya Horng Electronic Co Ltd
TW:6201
|
$127.73 Million |
|
Grigeo AB
STU:WM8
|
$127.77 Million |
|
Hunter Group ASA
OL:HUNT
|
$127.53 Million |
|
SRM CONTRACTORS ORD (BSE)
NSE:SRM
|
$127.52 Million |
|
Greystone Housing Impact Investors LP
NYSE:GHI
|
$127.47 Million |
|
Hsin Kao Gas Co Ltd
TW:9931
|
$127.42 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 2024 to 2025, total equity changed from 9,438,728,389 to 9,811,054,187, a change of 372,325,798 (3.9%).
- Net income of 593,586,068 contributed positively to equity growth.
- Dividend payments of 225,558,674 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$593.59 Million | +6.05% |
| Dividends Paid | HK$225.56 Million | -2.3% |
| Other Changes | HK$4.30 Million | +0.04% |
| Total Change | HK$- | 3.94% |
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: 0.37x
- 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 23.17x to 0.37x 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$4.42 | x |
| 1995-12-31 | HK$0.19 | HK$4.42 | x |
| 1996-12-31 | HK$0.18 | HK$4.42 | x |
| 1997-12-31 | HK$0.37 | HK$4.42 | x |
| 1998-12-31 | HK$0.38 | HK$4.42 | x |
| 1999-12-31 | HK$0.39 | HK$4.42 | x |
| 2000-12-31 | HK$1.42 | HK$4.42 | x |
| 2001-12-31 | HK$1.46 | HK$4.42 | x |
| 2002-12-31 | HK$1.48 | HK$4.42 | x |
| 2003-12-31 | HK$1.71 | HK$4.42 | x |
| 2004-12-31 | HK$1.86 | HK$4.42 | x |
| 2005-12-31 | HK$2.04 | HK$4.42 | x |
| 2006-12-31 | HK$2.29 | HK$4.42 | x |
| 2007-12-31 | HK$2.66 | HK$4.42 | x |
| 2008-12-31 | HK$4.14 | HK$4.42 | x |
| 2009-12-31 | HK$3.92 | HK$4.42 | x |
| 2010-12-31 | HK$4.41 | HK$4.42 | x |
| 2011-12-31 | HK$5.09 | HK$4.42 | x |
| 2012-12-31 | HK$5.27 | HK$4.42 | x |
| 2013-12-31 | HK$6.23 | HK$4.42 | x |
| 2014-12-31 | HK$6.87 | HK$4.42 | x |
| 2015-12-31 | HK$7.20 | HK$4.42 | x |
| 2016-12-31 | HK$7.29 | HK$4.42 | x |
| 2017-12-31 | HK$7.82 | HK$4.42 | x |
| 2018-12-31 | HK$7.93 | HK$4.42 | x |
| 2019-12-31 | HK$8.97 | HK$4.42 | x |
| 2020-12-31 | HK$8.69 | HK$4.42 | x |
| 2021-12-31 | HK$8.27 | HK$4.42 | x |
| 2022-12-31 | HK$8.88 | HK$4.42 | x |
| 2023-12-31 | HK$9.61 | HK$4.42 | x |
| 2024-12-31 | HK$10.81 | HK$4.42 | x |
| 2025-12-31 | HK$12.00 | HK$4.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lu Thai Textile utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.05%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.44x
- Recent ROE (6.05%) is below the historical average (12.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 3.75% | 5.73% | 0.25x | 2.62x | HK$-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 | 11.66% | 13.50% | 0.64x | 1.36x | HK$114.96 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$-533.55 Million |
| 2025 | 6.05% | 10.05% | 0.42x | 1.44x | HK$-387.52 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: $2,644,810,609
- Average return on equity (ROE) among peers: 4.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lu Thai Textile (200726) | HK$10.19 Billion | 3.75% | 0.38x | $127.59 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $71.92 Million | 28.15% | 6.05x | $670.77 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $5.74 Billion | 6.09% | 1.23x | $3.17 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $260.33 Million | 0.00% | 1.21x | $1.39 Billion |
| Lu Thai Textile Co Ltd (000726) | $7.41 Billion | 10.87% | 0.27x | $519.05 Million |
| Anhui Huamao Textile Co Ltd (000850) | $4.54 Billion | -3.84% | 0.61x | $568.92 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.73 Billion | 1.75% | 1.49x | $1.61 Billion |
| Xinlong Holding Group Co Ltd (000955) | $642.48 Million | -17.63% | 0.77x | $345.07 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $3.75 Billion | 8.97% | 1.51x | $963.10 Million |
| Sunvim Group Co Ltd (002083) | $527.84 Million | 10.81% | 6.22x | $1.68 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.77 Billion | 3.62% | 0.10x | $285.30 Million |
About Lu Thai Textile
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 provides combed cotton blended yarns; yarns and fabrics of cotton, fiber, silk, wool, chemical fiber, and other materials; shirts; and dyeing fabrics, such as… Read more