Lizhong Sitong Light Alloys Group Co Ltd
Lizhong Sitong Light Alloys Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of functional master alloys. It operates through three segments: Functional Master Alloy New Materials, Recycled Cast Aluminum Alloy Materials, and Aluminum Alloy Wheels segments. The company offers functional master alloy, including metal grain refiners, metall… Read more
Lizhong Sitong Light Alloys Group Co Ltd (300428) - Net Assets
Latest net assets as of September 2025: CN¥8.12 Billion CNY
Based on the latest financial reports, Lizhong Sitong Light Alloys Group Co Ltd (300428) has net assets worth CN¥8.12 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¥23.42 Billion) and total liabilities (CN¥15.31 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¥8.12 Billion |
| % of Total Assets | 34.66% |
| Annual Growth Rate | 35.48% |
| 5-Year Change | 60.66% |
| 10-Year Change | 1083.04% |
| Growth Volatility | 80.61 |
Lizhong Sitong Light Alloys Group Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Lizhong Sitong Light Alloys 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 Lizhong Sitong Light Alloys Group Co Ltd (2011–2024)
The table below shows the annual net assets of Lizhong Sitong Light Alloys Group Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.47 Billion | +8.58% |
| 2023-12-31 | CN¥6.88 Billion | +15.68% |
| 2022-12-31 | CN¥5.94 Billion | +12.46% |
| 2021-12-31 | CN¥5.28 Billion | +13.72% |
| 2020-12-31 | CN¥4.65 Billion | +20.69% |
| 2019-12-31 | CN¥3.85 Billion | +31.41% |
| 2018-12-31 | CN¥2.93 Billion | +311.23% |
| 2017-12-31 | CN¥712.50 Million | +13.68% |
| 2016-12-31 | CN¥626.76 Million | -0.68% |
| 2015-12-31 | CN¥631.02 Million | +113.25% |
| 2014-12-31 | CN¥295.90 Million | +26.12% |
| 2013-12-31 | CN¥234.63 Million | +24.87% |
| 2012-12-31 | CN¥187.90 Million | +30.52% |
| 2011-12-31 | CN¥143.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lizhong Sitong Light Alloys 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 grown by 13076.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.53 Billion | 62.46% |
| Common Stock | CN¥633.35 Million | 8.73% |
| Other Components | CN¥2.09 Billion | 28.81% |
| Total Equity | CN¥7.25 Billion | 100.00% |
Lizhong Sitong Light Alloys Group Co Ltd Competitors by Market Cap
The table below lists competitors of Lizhong Sitong Light Alloys Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guomai Technologies Inc
SHE:002093
|
$675.52 Million |
|
Bukit Asam Tbk PT
JK:PTBA
|
$675.57 Million |
|
POLA Orbis Holdings Inc
F:8PO
|
$675.68 Million |
|
Red 5 Ltd
AU:RED
|
$675.95 Million |
|
Suzhou SLAC Precision Equipment Co Ltd
SHE:300382
|
$675.35 Million |
|
M Grass Ecology and Environment Group Co Ltd
SHE:300355
|
$675.29 Million |
|
North Electro-Optic Co Ltd
SHG:600184
|
$675.24 Million |
|
Beijing E Hualu Info Tech
SHE:300212
|
$675.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lizhong Sitong Light Alloys Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,658,468,914 to 7,250,908,159, a change of 592,439,245 (8.9%).
- Net income of 707,115,691 contributed positively to equity growth.
- Dividend payments of 355,744,850 reduced retained earnings.
- Share repurchases of 17,999,540 reduced equity.
- Other comprehensive income decreased equity by 6,429,117,042.
- Other factors increased equity by 6,688,184,986.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥707.12 Million | +9.75% |
| Dividends Paid | CN¥355.74 Million | -4.91% |
| Share Repurchases | CN¥18.00 Million | -0.25% |
| Other Comprehensive Income | CN¥-6.43 Billion | -88.67% |
| Other Changes | CN¥6.69 Billion | +92.24% |
| Total Change | CN¥- | 8.90% |
Book Value vs Market Value Analysis
This analysis compares Lizhong Sitong Light Alloys 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: 2.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 28.14x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.80 | CN¥22.59 | x |
| 2012-12-31 | CN¥1.04 | CN¥22.59 | x |
| 2013-12-31 | CN¥1.29 | CN¥22.59 | x |
| 2014-12-31 | CN¥1.62 | CN¥22.59 | x |
| 2015-12-31 | CN¥2.74 | CN¥22.59 | x |
| 2016-12-31 | CN¥2.59 | CN¥22.59 | x |
| 2017-12-31 | CN¥1.37 | CN¥22.59 | x |
| 2018-12-31 | CN¥5.58 | CN¥22.59 | x |
| 2019-12-31 | CN¥6.79 | CN¥22.59 | x |
| 2020-12-31 | CN¥7.23 | CN¥22.59 | x |
| 2021-12-31 | CN¥8.45 | CN¥22.59 | x |
| 2022-12-31 | CN¥9.19 | CN¥22.59 | x |
| 2023-12-31 | CN¥10.56 | CN¥22.59 | x |
| 2024-12-31 | CN¥11.18 | CN¥22.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lizhong Sitong Light Alloys 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): 9.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.60%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 2.95x
- Recent ROE (9.75%) is below the historical average (17.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 24.91% | 9.33% | 1.84x | 1.45x | CN¥21.47 Million |
| 2012 | 21.88% | 8.49% | 1.59x | 1.62x | CN¥22.33 Million |
| 2013 | 18.88% | 8.25% | 1.53x | 1.50x | CN¥20.84 Million |
| 2014 | 19.70% | 8.38% | 1.41x | 1.67x | CN¥28.71 Million |
| 2015 | 9.85% | 8.33% | 1.06x | 1.11x | CN¥-975.60K |
| 2016 | 11.19% | 7.78% | 1.23x | 1.17x | CN¥7.43 Million |
| 2017 | 56.99% | 6.47% | 7.00x | 1.26x | CN¥333.91 Million |
| 2018 | 13.44% | 5.78% | 1.03x | 2.27x | CN¥99.80 Million |
| 2019 | 15.60% | 4.37% | 1.99x | 1.79x | CN¥214.56 Million |
| 2020 | 10.35% | 3.23% | 1.18x | 2.70x | CN¥14.49 Million |
| 2021 | 8.88% | 2.42% | 1.30x | 2.84x | CN¥-56.72 Million |
| 2022 | 8.59% | 2.30% | 1.26x | 2.96x | CN¥-80.58 Million |
| 2023 | 9.09% | 2.59% | 1.25x | 2.81x | CN¥-60.29 Million |
| 2024 | 9.75% | 2.60% | 1.27x | 2.95x | CN¥-17.98 Million |
Industry Comparison
This section compares Lizhong Sitong Light Alloys Group Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $4,846,992,485
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lizhong Sitong Light Alloys Group Co Ltd (300428) | CN¥8.12 Billion | 24.91% | 1.89x | $675.37 Million |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.96 Billion | -3.52% | 0.60x | $3.60 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |