Lecron Energy Saving Materials
Lecron Industrial Development Group Co., Ltd. engaged in the research, development, production, and sales of polyurethane and fluorochemical products.in China and internationally. Its products include monomer polyether polyol, combined polyether polyols, polyester polyols, polyether polyols, and urethane products. The company also provides fluorine-containing refrigerants, fluorine-containing pol… Read more
Lecron Energy Saving Materials (300343) - Net Assets
Latest net assets as of September 2025: CN¥2.03 Billion CNY
Based on the latest financial reports, Lecron Energy Saving Materials (300343) has net assets worth CN¥2.03 Billion 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¥2.54 Billion) and total liabilities (CN¥503.63 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¥2.03 Billion |
| % of Total Assets | 80.16% |
| Annual Growth Rate | 36.69% |
| 5-Year Change | 154.08% |
| 10-Year Change | 21.49% |
| Growth Volatility | 91.07 |
Lecron Energy Saving Materials - Net Assets Trend (2008–2024)
This chart illustrates how Lecron Energy Saving Materials's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lecron Energy Saving Materials (2008–2024)
The table below shows the annual net assets of Lecron Energy Saving Materials from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.06 Billion | -5.29% |
| 2023-12-31 | CN¥2.18 Billion | +10.63% |
| 2022-12-31 | CN¥1.97 Billion | +79.07% |
| 2021-12-31 | CN¥1.10 Billion | +35.41% |
| 2020-12-31 | CN¥812.37 Million | -14.26% |
| 2019-12-31 | CN¥947.46 Million | -58.61% |
| 2018-12-31 | CN¥2.29 Billion | -48.29% |
| 2017-12-31 | CN¥4.43 Billion | +9.98% |
| 2016-12-31 | CN¥4.03 Billion | +136.94% |
| 2015-12-31 | CN¥1.70 Billion | +213.31% |
| 2014-12-31 | CN¥542.26 Million | +7.90% |
| 2013-12-31 | CN¥502.56 Million | +15.80% |
| 2012-12-31 | CN¥434.00 Million | +235.98% |
| 2011-12-31 | CN¥129.18 Million | +65.02% |
| 2010-12-31 | CN¥78.28 Million | +220.98% |
| 2009-12-31 | CN¥24.39 Million | +75.46% |
| 2008-12-31 | CN¥13.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lecron Energy Saving Materials'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 59614.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.07 Billion | 54.65% |
| Other Components | CN¥2.98 Billion | 152.10% |
| Total Equity | CN¥1.96 Billion | 100.00% |
Lecron Energy Saving Materials Competitors by Market Cap
The table below lists competitors of Lecron Energy Saving Materials ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wisdom Marine Lines Co Ltd
TW:2637
|
$830.08 Million |
|
Guangdong Tapai Group Co Ltd
SHE:002233
|
$830.46 Million |
|
Headwater Exploration Inc
PINK:CDDRF
|
$830.46 Million |
|
Hotel Shilla Co Ltd
KO:008775
|
$830.51 Million |
|
Basic-Fit N.V
PINK:BSFFF
|
$829.31 Million |
|
JEPA
F:JEPA
|
$829.15 Million |
|
Vimian Group AB (publ)
PINK:VIMGF
|
$829.05 Million |
|
United Fire Group Inc
NASDAQ:UFCS
|
$828.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lecron Energy Saving Materials's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,986,306,000 to 1,956,206,000, a change of -30,100,000 (-1.5%).
- Net income of 21,862,000 contributed positively to equity growth.
- Dividend payments of 2,919,000 reduced retained earnings.
- Other comprehensive income increased equity by 23,347,126.
- Other factors decreased equity by 72,390,126.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥21.86 Million | +1.12% |
| Dividends Paid | CN¥2.92 Million | -0.15% |
| Other Comprehensive Income | CN¥23.35 Million | +1.19% |
| Other Changes | CN¥-72.39 Million | -3.7% |
| Total Change | CN¥- | -1.52% |
Book Value vs Market Value Analysis
This analysis compares Lecron Energy Saving Materials'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: 3.67x
- 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 196.98x to 3.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.03 | CN¥6.60 | x |
| 2009-12-31 | CN¥0.06 | CN¥6.60 | x |
| 2010-12-31 | CN¥0.20 | CN¥6.60 | x |
| 2011-12-31 | CN¥0.32 | CN¥6.60 | x |
| 2012-12-31 | CN¥0.95 | CN¥6.60 | x |
| 2013-12-31 | CN¥0.89 | CN¥6.60 | x |
| 2014-12-31 | CN¥0.66 | CN¥6.60 | x |
| 2015-12-31 | CN¥2.41 | CN¥6.60 | x |
| 2016-12-31 | CN¥4.00 | CN¥6.60 | x |
| 2017-12-31 | CN¥4.09 | CN¥6.60 | x |
| 2018-12-31 | CN¥2.02 | CN¥6.60 | x |
| 2019-12-31 | CN¥0.73 | CN¥6.60 | x |
| 2020-12-31 | CN¥0.63 | CN¥6.60 | x |
| 2021-12-31 | CN¥1.01 | CN¥6.60 | x |
| 2022-12-31 | CN¥1.66 | CN¥6.60 | x |
| 2023-12-31 | CN¥1.75 | CN¥6.60 | x |
| 2024-12-31 | CN¥1.80 | CN¥6.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lecron Energy Saving Materials 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): 1.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.52%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.30x
- Recent ROE (1.12%) is above the historical average (-0.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 24.64% | 2.03% | 3.99x | 3.05x | CN¥2.03 Million |
| 2009 | 57.77% | 6.57% | 3.40x | 2.59x | CN¥11.65 Million |
| 2010 | 41.56% | 9.59% | 1.82x | 2.38x | CN¥24.70 Million |
| 2011 | 39.40% | 11.41% | 1.99x | 1.74x | CN¥37.98 Million |
| 2012 | 12.54% | 12.80% | 0.82x | 1.20x | CN¥11.02 Million |
| 2013 | 12.46% | 11.94% | 0.72x | 1.45x | CN¥11.73 Million |
| 2014 | 1.36% | 0.77% | 0.91x | 1.95x | CN¥-40.37 Million |
| 2015 | 1.84% | 3.19% | 0.39x | 1.48x | CN¥-136.50 Million |
| 2016 | 5.00% | 8.64% | 0.46x | 1.26x | CN¥-201.13 Million |
| 2017 | 8.56% | 13.42% | 0.46x | 1.40x | CN¥-62.34 Million |
| 2018 | -85.13% | -54.28% | 0.89x | 1.77x | CN¥-2.18 Billion |
| 2019 | -172.83% | -41.95% | 1.07x | 3.85x | CN¥-1.56 Billion |
| 2020 | -12.17% | -5.03% | 0.80x | 3.03x | CN¥-159.20 Million |
| 2021 | 24.81% | 15.68% | 0.97x | 1.64x | CN¥171.77 Million |
| 2022 | 33.48% | 31.44% | 0.71x | 1.51x | CN¥454.74 Million |
| 2023 | 0.64% | 1.23% | 0.34x | 1.54x | CN¥-185.92 Million |
| 2024 | 1.12% | 2.52% | 0.34x | 1.30x | CN¥-173.76 Million |
Industry Comparison
This section compares Lecron Energy Saving Materials's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lecron Energy Saving Materials (300343) | CN¥2.03 Billion | 24.64% | 0.25x | $829.53 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |