Lingda Group Co Ltd (300125) - Net Assets
Based on the latest financial reports, Lingda Group Co Ltd (300125) has net assets worth CN¥1.04 Billion CNY (≈ $152.84 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.58 Billion ≈ $231.64 Million USD) and total liabilities (CN¥538.54 Million ≈ $78.81 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 Lingda Group Co Ltd (300125) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 65.98% |
| Annual Growth Rate | 27.11% |
| 5-Year Change | 58.27% |
| 10-Year Change | -0.07% |
| Growth Volatility | 151.7 |
Lingda Group Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Lingda Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Lingda Group Co Ltd (300125) total market value.
Annual Net Assets for Lingda Group Co Ltd (2007–2025)
The table below shows the annual net assets of Lingda Group Co Ltd from 2007 to 2025. Also explore Lingda Group Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.05 Billion ≈ $154.02 Million |
+295.49% |
| 2024-12-31 | CN¥-538.41 Million ≈ $-78.79 Million |
-230.67% |
| 2023-12-31 | CN¥412.04 Million ≈ $60.29 Million |
-37.53% |
| 2022-12-31 | CN¥659.54 Million ≈ $96.51 Million |
-0.82% |
| 2021-12-31 | CN¥665.03 Million ≈ $97.31 Million |
-24.82% |
| 2020-12-31 | CN¥884.62 Million ≈ $129.45 Million |
+8.59% |
| 2019-12-31 | CN¥814.65 Million ≈ $119.21 Million |
+5.66% |
| 2018-12-31 | CN¥771.02 Million ≈ $112.82 Million |
-3.31% |
| 2017-12-31 | CN¥797.43 Million ≈ $116.69 Million |
-24.30% |
| 2016-12-31 | CN¥1.05 Billion ≈ $154.14 Million |
-5.75% |
| 2015-12-31 | CN¥1.12 Billion ≈ $163.54 Million |
-11.36% |
| 2014-12-31 | CN¥1.26 Billion ≈ $184.49 Million |
+12.82% |
| 2013-12-31 | CN¥1.12 Billion ≈ $163.52 Million |
+2.74% |
| 2012-12-31 | CN¥1.09 Billion ≈ $159.16 Million |
+0.29% |
| 2011-12-31 | CN¥1.08 Billion ≈ $158.71 Million |
+5.27% |
| 2010-12-31 | CN¥1.03 Billion ≈ $150.76 Million |
+460.80% |
| 2009-12-31 | CN¥183.71 Million ≈ $26.88 Million |
+204.65% |
| 2008-12-31 | CN¥60.30 Million ≈ $8.82 Million |
+330.00% |
| 2007-12-31 | CN¥14.02 Million ≈ $2.05 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 46687.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.52 Billion | 239.36% |
| Total Equity | CN¥1.05 Billion | 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 |
|---|---|
|
INKON Life Technology Co Ltd
SHE:300143
|
$856.51 Million |
|
Prosiebensat 1 Media AG
XETRA:PSM
|
$856.60 Million |
|
Revolve Group LLC
NYSE:RVLV
|
$856.81 Million |
|
CHINA RISUN GROUP HD-10
F:45Y
|
$856.94 Million |
|
Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd
SHE:300617
|
$856.45 Million |
|
Chengdu XGimi Technology Co. Ltd. A
SHG:688696
|
$856.37 Million |
|
New Huadu Supercenter Co Ltd
SHE:002264
|
$856.34 Million |
|
First Mining Gold Corp
TO:FF
|
$856.07 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 2024 to 2025, total equity changed from -537,475,479 to 1,052,554,228, a change of 1,590,029,707.
- Net income of 20,322,735 contributed positively to equity growth.
- Dividend payments of 2,716,854 reduced retained earnings.
- Other factors increased equity by 1,572,423,825.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥20.32 Million | +1.93% |
| Dividends Paid | CN¥2.72 Million | -0.26% |
| Other Changes | CN¥1.57 Billion | +149.39% |
| Total Change | CN¥- | % |
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
- Current price-to-book ratio: 5.56x
- 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 decreased from 83.76x to 5.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.10 | CN¥8.79 | x |
| 2008-12-31 | CN¥0.41 | CN¥8.79 | x |
| 2009-12-31 | CN¥1.11 | CN¥8.79 | x |
| 2010-12-31 | CN¥4.71 | CN¥8.79 | x |
| 2011-12-31 | CN¥3.99 | CN¥8.79 | x |
| 2012-12-31 | CN¥3.94 | CN¥8.79 | x |
| 2013-12-31 | CN¥3.95 | CN¥8.79 | x |
| 2014-12-31 | CN¥3.95 | CN¥8.79 | x |
| 2015-12-31 | CN¥4.23 | CN¥8.79 | x |
| 2016-12-31 | CN¥3.89 | CN¥8.79 | x |
| 2017-12-31 | CN¥2.87 | CN¥8.79 | x |
| 2018-12-31 | CN¥2.90 | CN¥8.79 | x |
| 2019-12-31 | CN¥2.88 | CN¥8.79 | x |
| 2020-12-31 | CN¥2.68 | CN¥8.79 | x |
| 2021-12-31 | CN¥2.53 | CN¥8.79 | x |
| 2022-12-31 | CN¥2.34 | CN¥8.79 | x |
| 2023-12-31 | CN¥1.56 | CN¥8.79 | x |
| 2024-12-31 | CN¥-2.01 | CN¥8.79 | x |
| 2025-12-31 | CN¥1.58 | CN¥8.79 | 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): 1.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.27%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.64x
- Recent ROE (1.93%) is above the historical average (0.19%), indicating improving 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 | -10.68% | -6.58% | 0.47x | 3.46x | CN¥-137.53 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 |
| 2025 | 1.93% | 16.27% | 0.07x | 1.64x | CN¥-84.93 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: $2,949,188,378
- Average return on equity (ROE) among peers: 6.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lingda Group Co Ltd (300125) | CN¥1.04 Billion | 31.01% | 0.52x | $856.45 Million |
| Shenzhen Topraysolar Co Ltd (002218) | $2.83 Billion | 5.76% | 1.03x | $779.52 Million |
| JA Solar Technology Co Ltd (002459) | $321.18 Million | 25.42% | 2.92x | $3.24 Billion |
| GCL System Integration Technology Co Ltd (002506) | $2.38 Billion | 2.87% | 7.06x | $2.02 Billion |
| Changzhou Almaden Co Ltd (002623) | $3.25 Billion | 2.57% | 0.53x | $538.18 Million |
| Hainan Drinda Automotive Trim Co Ltd (002865) | $844.91 Million | 7.98% | 1.03x | $1.26 Billion |
| Henan Yicheng New Energy Co Ltd (300080) | $3.24 Billion | 0.20% | 0.68x | $995.11 Million |
| Gansu Golden Glass Technologies Co Ltd (300093) | $827.16 Million | 5.38% | 0.27x | $667.87 Million |
| Risen Energy (300118) | $8.40 Billion | 2.77% | 1.24x | $1.50 Billion |
| Jolywood Suzhou Sunwatt Co Ltd (300393) | $4.44 Billion | 2.18% | 1.19x | $953.49 Million |
About Lingda Group Co Ltd
Lingda Group Co., Ltd. provides general contracting services for photovoltaic power plant in China. The company operates through Waste heat power generation business, Photovoltaic power generation business, Solar cell business, and EPC engineering business segments. It is involved in energy saving services, solar photovoltaic power generation, solar cells business, as well as undertakes photovolt… Read more