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 300125 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. See 300125 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see 300125 stock market capitalisation.
| 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 |
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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 |
|---|---|
|
Sellas Life Sciences Group Inc
NASDAQ:SLS
|
$968.80 Million |
|
ZJMI Environmental Energy Co. Ltd.
SHG:603071
|
$969.14 Million |
|
Dometic Group AB (publ)
ST:DOM
|
$969.61 Million |
|
Keeson Technology Corp Ltd
SHG:603610
|
$970.06 Million |
|
Shanxi Sanwei Group Co Ltd
SHE:000755
|
$968.36 Million |
|
Mcmillan Shakespeare Ltd
AU:MMS
|
$968.29 Million |
|
MFA Financial Inc
NYSE:MFA
|
$968.21 Million |
|
Amata Corporation Public Company Limited
BK:AMATA
|
$967.80 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: 6.29x
- 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 94.72x to 6.29x 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¥9.94 | x |
| 2008-12-31 | CN¥0.41 | CN¥9.94 | x |
| 2009-12-31 | CN¥1.11 | CN¥9.94 | x |
| 2010-12-31 | CN¥4.71 | CN¥9.94 | x |
| 2011-12-31 | CN¥3.99 | CN¥9.94 | x |
| 2012-12-31 | CN¥3.94 | CN¥9.94 | x |
| 2013-12-31 | CN¥3.95 | CN¥9.94 | x |
| 2014-12-31 | CN¥3.95 | CN¥9.94 | x |
| 2015-12-31 | CN¥4.23 | CN¥9.94 | x |
| 2016-12-31 | CN¥3.89 | CN¥9.94 | x |
| 2017-12-31 | CN¥2.87 | CN¥9.94 | x |
| 2018-12-31 | CN¥2.90 | CN¥9.94 | x |
| 2019-12-31 | CN¥2.88 | CN¥9.94 | x |
| 2020-12-31 | CN¥2.68 | CN¥9.94 | x |
| 2021-12-31 | CN¥2.53 | CN¥9.94 | x |
| 2022-12-31 | CN¥2.34 | CN¥9.94 | x |
| 2023-12-31 | CN¥1.56 | CN¥9.94 | x |
| 2024-12-31 | CN¥-2.01 | CN¥9.94 | x |
| 2025-12-31 | CN¥1.58 | CN¥9.94 | 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: $1,921,934,748
- Average return on equity (ROE) among peers: -0.98%
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 | $968.50 Million |
| Shenzhen Topraysolar Co Ltd (002218) | $194.79 Million | 35.59% | 0.15x | $845.69 Million |
| JA Solar Technology Co Ltd (002459) | $321.18 Million | 25.42% | 2.92x | $4.03 Billion |
| GCL System Integration Technology Co Ltd (002506) | $1.13 Billion | -103.24% | 15.22x | $2.63 Billion |
| Changzhou Almaden Co Ltd (002623) | $2.17 Billion | 0.89% | 0.98x | $492.86 Million |
| Hainan Drinda Automotive Trim Co Ltd (002865) | $844.91 Million | 7.98% | 1.03x | $2.14 Billion |
| Henan Yicheng New Energy Co Ltd (300080) | $5.27 Billion | -0.98% | 0.78x | $1.04 Billion |
| Gansu Golden Glass Technologies Co Ltd (300093) | $849.83 Million | 3.21% | 0.41x | $731.72 Million |
| Risen Energy (300118) | $3.96 Billion | 17.41% | 1.52x | $2.22 Billion |
| Jolywood Suzhou Sunwatt Co Ltd (300393) | $2.57 Billion | 4.90% | 1.34x | $1.26 Billion |
About 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