Lingda Group Co Ltd
Lingda Group Co., Ltd. engages in the new energy industry development, ecological environment improvement, and energy saving activities in China. The company is involved in the research, development, procurement, production, processing, and sale of solar materials and solar power stations, and energy storage systems; import and export of solar energy and energy storage equipment, products, and te… Read more
Lingda Group Co Ltd (300125) - Net Assets
Latest net assets as of September 2025: CN¥-665.95 Million CNY
Based on the latest financial reports, Lingda Group Co Ltd (300125) has net assets worth CN¥-665.95 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥916.87 Million) and total liabilities (CN¥1.58 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 | CN¥-665.95 Million |
| % of Total Assets | -72.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | -160.86% |
| 10-Year Change | -148.18% |
| Growth Volatility | 151.7 |
Lingda Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Lingda Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lingda Group Co Ltd (2007–2024)
The table below shows the annual net assets of Lingda Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥-538.41 Million | -230.67% |
| 2023-12-31 | CN¥412.04 Million | -37.53% |
| 2022-12-31 | CN¥659.54 Million | -0.82% |
| 2021-12-31 | CN¥665.03 Million | -24.82% |
| 2020-12-31 | CN¥884.62 Million | +8.59% |
| 2019-12-31 | CN¥814.65 Million | +5.66% |
| 2018-12-31 | CN¥771.02 Million | -3.31% |
| 2017-12-31 | CN¥797.43 Million | -24.30% |
| 2016-12-31 | CN¥1.05 Billion | -5.75% |
| 2015-12-31 | CN¥1.12 Billion | -11.36% |
| 2014-12-31 | CN¥1.26 Billion | +12.82% |
| 2013-12-31 | CN¥1.12 Billion | +2.74% |
| 2012-12-31 | CN¥1.09 Billion | +0.29% |
| 2011-12-31 | CN¥1.08 Billion | +5.27% |
| 2010-12-31 | CN¥1.03 Billion | +460.80% |
| 2009-12-31 | CN¥183.71 Million | +204.65% |
| 2008-12-31 | CN¥60.30 Million | +330.00% |
| 2007-12-31 | CN¥14.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lingda Group 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 decreased by 47332.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥267.60 Million | % |
| Other Components | CN¥682.04 Million | % |
| Total Equity | CN¥-537.48 Million | 100.00% |
Lingda Group Co Ltd Competitors by Market Cap
The table below lists competitors of Lingda Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Fire & Marine Insurance Co Ltd
TW:2832
|
$258.49 Million |
|
Hangzhou Shenhao Technology Co Ltd
SHE:300853
|
$258.50 Million |
|
Fulcrum Therapeutics Inc
NASDAQ:FULC
|
$258.51 Million |
|
Bank of Kaohsiung Ltd
TW:2836
|
$258.57 Million |
|
Sharda Cropchem Limited
NSE:SHARDACROP
|
$258.34 Million |
|
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS
IS:BRISA
|
$258.34 Million |
|
Jumbo Interactive Ltd
AU:JIN
|
$258.31 Million |
|
Cohen Circle Acquisition Corp. I
NASDAQ:CCIRU
|
$258.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lingda Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 412,037,012 to -537,475,479, a change of -949,512,491 (-230.4%).
- Net loss of 949,512,491 reduced equity.
- Dividend payments of 12,123,289 reduced retained earnings.
- Other comprehensive income decreased equity by 24,446,911.
- Other factors increased equity by 36,570,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-949.51 Million | -176.66% |
| Dividends Paid | CN¥12.12 Million | -2.26% |
| Other Comprehensive Income | CN¥-24.45 Million | -4.55% |
| Other Changes | CN¥36.57 Million | +6.8% |
| Total Change | CN¥- | -230.44% |
Book Value vs Market Value Analysis
This analysis compares Lingda Group 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.10 | CN¥8.68 | x |
| 2008-12-31 | CN¥0.41 | CN¥8.68 | x |
| 2009-12-31 | CN¥1.11 | CN¥8.68 | x |
| 2010-12-31 | CN¥4.71 | CN¥8.68 | x |
| 2011-12-31 | CN¥3.99 | CN¥8.68 | x |
| 2012-12-31 | CN¥3.94 | CN¥8.68 | x |
| 2013-12-31 | CN¥3.95 | CN¥8.68 | x |
| 2014-12-31 | CN¥3.95 | CN¥8.68 | x |
| 2015-12-31 | CN¥4.23 | CN¥8.68 | x |
| 2016-12-31 | CN¥3.89 | CN¥8.68 | x |
| 2017-12-31 | CN¥2.87 | CN¥8.68 | x |
| 2018-12-31 | CN¥2.90 | CN¥8.68 | x |
| 2019-12-31 | CN¥2.88 | CN¥8.68 | x |
| 2020-12-31 | CN¥2.75 | CN¥8.68 | x |
| 2021-12-31 | CN¥2.50 | CN¥8.68 | x |
| 2022-12-31 | CN¥2.48 | CN¥8.68 | x |
| 2023-12-31 | CN¥1.56 | CN¥8.68 | x |
| 2024-12-31 | CN¥-2.01 | CN¥8.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lingda Group 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1552.73%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.08%), 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 | 31.01% | 13.02% | 0.64x | 3.71x | CN¥2.95 Million |
| 2008 | 50.61% | 11.06% | 0.82x | 5.55x | CN¥22.50 Million |
| 2009 | 21.35% | 9.72% | 0.85x | 2.59x | CN¥20.26 Million |
| 2010 | 6.47% | 11.17% | 0.44x | 1.31x | CN¥-36.08 Million |
| 2011 | 4.87% | 9.66% | 0.39x | 1.31x | CN¥-54.46 Million |
| 2012 | 1.35% | 2.99% | 0.33x | 1.38x | CN¥-92.16 Million |
| 2013 | 2.01% | 5.23% | 0.28x | 1.37x | CN¥-86.64 Million |
| 2014 | 1.34% | 5.42% | 0.11x | 2.16x | CN¥-94.87 Million |
| 2015 | 0.73% | 2.14% | 0.19x | 1.79x | CN¥-101.78 Million |
| 2016 | -6.02% | -38.29% | 0.09x | 1.68x | CN¥-165.60 Million |
| 2017 | -34.35% | -234.50% | 0.08x | 1.82x | CN¥-341.17 Million |
| 2018 | 4.82% | 24.10% | 0.12x | 1.65x | CN¥-39.41 Million |
| 2019 | 2.08% | 14.55% | 0.09x | 1.59x | CN¥-61.36 Million |
| 2020 | -7.83% | -19.84% | 0.12x | 3.29x | CN¥-127.59 Million |
| 2021 | -10.93% | -6.91% | 0.46x | 3.46x | CN¥-139.20 Million |
| 2022 | -2.57% | -1.06% | 0.75x | 3.24x | CN¥-82.88 Million |
| 2023 | -63.58% | -31.23% | 0.43x | 4.73x | CN¥-303.20 Million |
| 2024 | 0.00% | -1552.73% | 0.06x | 0.00x | CN¥-895.76 Million |
Industry Comparison
This section compares Lingda Group Co Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $5,029,744,042
- Average return on equity (ROE) among peers: 4.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lingda Group Co Ltd (300125) | CN¥-665.95 Million | 31.01% | N/A | $258.47 Million |
| Shenzhen Topraysolar Co Ltd (002218) | $704.57 Million | 4.73% | 0.28x | $670.55 Million |
| JA Solar Technology Co Ltd (002459) | $30.16 Billion | 18.35% | 1.40x | $2.78 Billion |
| GCL System Integration Technology Co Ltd (002506) | $4.29 Billion | 1.05% | 3.39x | $2.32 Billion |
| Changzhou Almaden Co Ltd (002623) | $40.18 Million | 14.90% | 1.71x | $313.43 Million |
| Hainan Drinda Automotive Trim Co Ltd (002865) | $503.78 Million | 9.15% | 1.26x | $2.32 Billion |
| Henan Yicheng New Energy Co Ltd (300080) | $3.27 Billion | 0.58% | 0.91x | $1.28 Billion |
| Gansu Golden Glass Technologies Co Ltd (300093) | $507.06 Million | -25.83% | 0.95x | $512.56 Million |
| Risen Energy (300118) | $3.14 Billion | 10.27% | 1.70x | $2.05 Billion |
| Jolywood Suzhou Sunwatt Co Ltd (300393) | $2.65 Billion | 9.75% | 1.34x | $1.13 Billion |