Lanzhou Haimo Technologies Co (300084) - Net Assets
Based on the latest financial reports, Lanzhou Haimo Technologies Co (300084) has net assets worth CN¥1.32 Billion CNY (≈ $192.52 Million USD) 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 ≈ $295.32 Million USD) and total liabilities (CN¥702.50 Million ≈ $102.80 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 financial resilience of Lanzhou Haimo Technologies Co to evaluate the company's liquid asset resilience ratio.
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. Also explore Lanzhou Haimo Technologies Co asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Lanzhou Haimo Technologies Co (300084) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.32 Billion ≈ $193.79 Million |
+21.66% |
| 2023-12-31 | CN¥1.09 Billion ≈ $159.28 Million |
+4.68% |
| 2022-12-31 | CN¥1.04 Billion ≈ $152.16 Million |
+1.38% |
| 2021-12-31 | CN¥1.03 Billion ≈ $150.10 Million |
-20.13% |
| 2020-12-31 | CN¥1.28 Billion ≈ $187.92 Million |
-33.33% |
| 2019-12-31 | CN¥1.93 Billion ≈ $281.86 Million |
+2.27% |
| 2018-12-31 | CN¥1.88 Billion ≈ $275.59 Million |
-2.02% |
| 2017-12-31 | CN¥1.92 Billion ≈ $281.27 Million |
+4.74% |
| 2016-12-31 | CN¥1.84 Billion ≈ $268.54 Million |
+67.51% |
| 2015-12-31 | CN¥1.10 Billion ≈ $160.31 Million |
+2.28% |
| 2014-12-31 | CN¥1.07 Billion ≈ $156.74 Million |
+61.49% |
| 2013-12-31 | CN¥663.29 Million ≈ $97.06 Million |
+3.01% |
| 2012-12-31 | CN¥643.91 Million ≈ $94.22 Million |
+3.60% |
| 2011-12-31 | CN¥621.55 Million ≈ $90.95 Million |
+0.26% |
| 2010-12-31 | CN¥619.92 Million ≈ $90.71 Million |
+410.48% |
| 2009-12-31 | CN¥121.44 Million ≈ $17.77 Million |
+25.93% |
| 2008-12-31 | CN¥96.44 Million ≈ $14.11 Million |
+21.42% |
| 2007-12-31 | CN¥79.42 Million ≈ $11.62 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 |
|---|---|
|
Tongyang Life
KO:082640
|
$878.88 Million |
|
SHANDONG HI-SP.G.HD-0001
F:HRI
|
$879.13 Million |
|
Huadian Power International Corporation Limited
F:SHX
|
$879.34 Million |
|
IPERIONX LTD SP.ADR/10
F:30Z0
|
$879.39 Million |
|
Jinyuan Cement Co Ltd
SHE:000546
|
$878.49 Million |
|
Anyang Iron & Steel Inc
SHG:600569
|
$878.48 Million |
|
Canaccord Genuity Group Inc
TO:CF
|
$878.22 Million |
|
Surya Esa Perkasa Tbk
JK:ESSA
|
$878.21 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: 4.60x
- 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 2.52x to 4.60x 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¥11.81 | x |
| 2018-12-31 | CN¥4.84 | CN¥11.81 | x |
| 2019-12-31 | CN¥4.95 | CN¥11.81 | x |
| 2020-12-31 | CN¥3.32 | CN¥11.81 | x |
| 2021-12-31 | CN¥2.64 | CN¥11.81 | x |
| 2022-12-31 | CN¥2.68 | CN¥11.81 | x |
| 2023-12-31 | CN¥2.74 | CN¥11.81 | x |
| 2024-12-31 | CN¥2.57 | CN¥11.81 | 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: $1,913,342,566
- Average return on equity (ROE) among peers: 1.90%
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 | $878.59 Million |
| Sinopec Oilfield Equipment Corp (000852) | $3.05 Billion | 1.71% | 2.26x | $1.02 Billion |
| Xinjiang Zhundong Petroleum (002207) | $586.52 Million | 1.72% | 0.46x | $263.44 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $8.14 Billion | 14.74% | 0.37x | $20.53 Billion |
| Shandong Molong Petroleum Machinery Co Ltd (002490) | $910.35 Million | -46.68% | 3.44x | $797.47 Million |
| China Oil HBP Science & Technology Co Ltd (002554) | $209.11 Million | 25.42% | 0.69x | $681.13 Million |
| Zhejiang Renzhi Co Ltd (002629) | $32.77 Million | -44.83% | 10.58x | $403.41 Million |
| LandOcean Energy Services Co (300157) | $4.01 Billion | 2.12% | 0.43x | $632.16 Million |
| Tong Oil Tools (300164) | $118.51 Million | 30.83% | 0.86x | $1.16 Billion |
| Sino Geophysical (300191) | $153.30 Million | 32.07% | 0.12x | $2.03 Billion |
About 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