Lanzhou Haimo Technologies Co
Haimo Technologies Group Corp. engages in the provision of technologies, products, and services for oil and gas production enhancement, production optimization, and reservoir management in China, the Middle East, North Africa, Central, South and Southeast Asia, and North and South America. The company offers multiphase flow metering products and services, such as spool piece multiphase flow meter… Read more
Lanzhou Haimo Technologies Co (300084) - Net Assets
Latest net assets as of June 2025: CN¥1.32 Billion CNY
Based on the latest financial reports, Lanzhou Haimo Technologies Co (300084) has net assets worth CN¥1.32 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.02 Billion) and total liabilities (CN¥702.50 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¥1.32 Billion |
| % of Total Assets | 65.19% |
| Annual Growth Rate | 18.0% |
| 5-Year Change | 3.12% |
| 10-Year Change | 20.89% |
| Growth Volatility | 97.19 |
Lanzhou Haimo Technologies Co - Net Assets Trend (2007–2024)
This chart illustrates how Lanzhou Haimo Technologies Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lanzhou Haimo Technologies Co (2007–2024)
The table below shows the annual net assets of Lanzhou Haimo Technologies Co from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.32 Billion | +21.66% |
| 2023-12-31 | CN¥1.09 Billion | +4.68% |
| 2022-12-31 | CN¥1.04 Billion | +1.38% |
| 2021-12-31 | CN¥1.03 Billion | -20.13% |
| 2020-12-31 | CN¥1.28 Billion | -33.33% |
| 2019-12-31 | CN¥1.93 Billion | +2.27% |
| 2018-12-31 | CN¥1.88 Billion | -2.02% |
| 2017-12-31 | CN¥1.92 Billion | +4.74% |
| 2016-12-31 | CN¥1.84 Billion | +67.51% |
| 2015-12-31 | CN¥1.10 Billion | +2.28% |
| 2014-12-31 | CN¥1.07 Billion | +61.49% |
| 2013-12-31 | CN¥663.29 Million | +3.01% |
| 2012-12-31 | CN¥643.91 Million | +3.60% |
| 2011-12-31 | CN¥621.55 Million | +0.26% |
| 2010-12-31 | CN¥619.92 Million | +410.48% |
| 2009-12-31 | CN¥121.44 Million | +25.93% |
| 2008-12-31 | CN¥96.44 Million | +21.42% |
| 2007-12-31 | CN¥79.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lanzhou Haimo Technologies Co'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 2307.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.12 Billion | 162.06% |
| Total Equity | CN¥1.31 Billion | 100.00% |
Lanzhou Haimo Technologies Co Competitors by Market Cap
The table below lists competitors of Lanzhou Haimo Technologies Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Liantronics
SHE:300269
|
$485.16 Million |
|
Consensus Cloud Solutions Inc
NASDAQ:CCSI
|
$485.21 Million |
|
ALPHAMAB ONCOLO.DL-000002
F:3NK
|
$485.28 Million |
|
PBIIF
PINK:PBIIF
|
$485.28 Million |
|
Gifore Agricultural Machinery Chain Co Ltd
SHE:300022
|
$484.96 Million |
|
Nanfang Ventilator Co Ltd
SHE:300004
|
$484.75 Million |
|
Linewell Software Co Ltd
SHG:603636
|
$484.66 Million |
|
Henan Zhongyuan Expressway Co Ltd
SHG:600020
|
$484.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lanzhou Haimo Technologies Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,077,417,935 to 1,309,588,896, a change of 232,170,961 (21.5%).
- Net loss of 228,434,241 reduced equity.
- Dividend payments of 22,423,446 reduced retained earnings.
- Other factors increased equity by 483,028,648.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-228.43 Million | -17.44% |
| Dividends Paid | CN¥22.42 Million | -1.71% |
| Other Changes | CN¥483.03 Million | +36.88% |
| Total Change | CN¥- | 21.55% |
Book Value vs Market Value Analysis
This analysis compares Lanzhou Haimo Technologies Co'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: 4.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.41x to 4.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.68 | CN¥11.27 | x |
| 2018-12-31 | CN¥4.84 | CN¥11.27 | x |
| 2019-12-31 | CN¥4.95 | CN¥11.27 | x |
| 2020-12-31 | CN¥3.32 | CN¥11.27 | x |
| 2021-12-31 | CN¥2.64 | CN¥11.27 | x |
| 2022-12-31 | CN¥2.68 | CN¥11.27 | x |
| 2023-12-31 | CN¥2.74 | CN¥11.27 | x |
| 2024-12-31 | CN¥2.57 | CN¥11.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lanzhou Haimo Technologies Co 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): -17.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.08%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.71x
- Recent ROE (-17.44%) is below the historical average (-0.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 20.14% | 18.29% | 0.70x | 1.57x | CN¥7.92 Million |
| 2008 | 20.67% | 19.79% | 0.67x | 1.55x | CN¥10.13 Million |
| 2009 | 23.12% | 23.67% | 0.64x | 1.52x | CN¥15.74 Million |
| 2010 | 2.73% | 17.40% | 0.15x | 1.04x | CN¥-44.98 Million |
| 2011 | 3.03% | 12.53% | 0.22x | 1.08x | CN¥-43.29 Million |
| 2012 | 0.52% | 1.84% | 0.21x | 1.33x | CN¥-58.39 Million |
| 2013 | 3.58% | 9.64% | 0.26x | 1.43x | CN¥-40.41 Million |
| 2014 | 3.77% | 12.79% | 0.19x | 1.53x | CN¥-66.29 Million |
| 2015 | 0.96% | 2.56% | 0.24x | 1.55x | CN¥-98.48 Million |
| 2016 | 0.39% | 2.49% | 0.12x | 1.32x | CN¥-175.80 Million |
| 2017 | 0.72% | 2.52% | 0.16x | 1.77x | CN¥-167.16 Million |
| 2018 | 3.54% | 9.40% | 0.23x | 1.66x | CN¥-120.11 Million |
| 2019 | 1.81% | 4.99% | 0.22x | 1.65x | CN¥-156.00 Million |
| 2020 | -46.81% | -118.63% | 0.21x | 1.87x | CN¥-725.16 Million |
| 2021 | -25.79% | -43.10% | 0.30x | 1.98x | CN¥-364.04 Million |
| 2022 | 1.36% | 2.23% | 0.30x | 2.01x | CN¥-89.07 Million |
| 2023 | 3.02% | 4.37% | 0.36x | 1.91x | CN¥-75.22 Million |
| 2024 | -17.44% | -38.08% | 0.27x | 1.71x | CN¥-359.39 Million |
Industry Comparison
This section compares Lanzhou Haimo Technologies Co's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $984,187,450
- Average return on equity (ROE) among peers: -25.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lanzhou Haimo Technologies Co (300084) | CN¥1.32 Billion | 20.14% | 0.53x | $485.03 Million |
| Xinjiang Zhundong Petroleum (002207) | $156.67 Million | 4.89% | 1.19x | $275.58 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $3.16 Billion | 20.35% | 0.48x | $7.68 Billion |
| China Oil HBP Science & Technology Co Ltd (002554) | $1.74 Billion | -28.35% | 1.23x | $416.87 Million |
| Zhejiang Renzhi Co Ltd (002629) | $685.23 Million | 3.58% | 0.12x | $282.35 Million |
| LandOcean Energy Services Co (300157) | $269.26 Million | -267.05% | 6.94x | $562.67 Million |
| Tong Oil Tools (300164) | $118.51 Million | 30.83% | 0.86x | $511.69 Million |
| Sino Geophysical (300191) | $1.17 Billion | -4.09% | 0.08x | $943.88 Million |
| Chengdu Huaqi Houpu Holding Co Ltd (300471) | $225.12 Million | 0.00% | 1.02x | $599.98 Million |
| Dezhou United Petroleum Technology Co.Ltd. (301158) | $1.33 Billion | 7.45% | 0.34x | $266.67 Million |