Lizhong Sitong Light Alloys Group Co Ltd (300428) - Net Assets
Based on the latest financial reports, Lizhong Sitong Light Alloys Group Co Ltd (300428) has net assets worth CN¥8.12 Billion CNY (≈ $1.19 Billion USD) 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 ≈ $3.43 Billion USD) and total liabilities (CN¥15.31 Billion ≈ $2.24 Billion 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 Lizhong Sitong Light Alloys Group Co Ltd (300428) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Lizhong Sitong Light Alloys Group Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Lizhong Sitong Light Alloys Group Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.47 Billion ≈ $1.09 Billion |
+8.58% |
| 2023-12-31 | CN¥6.88 Billion ≈ $1.01 Billion |
+15.68% |
| 2022-12-31 | CN¥5.94 Billion ≈ $869.66 Million |
+12.46% |
| 2021-12-31 | CN¥5.28 Billion ≈ $773.28 Million |
+13.72% |
| 2020-12-31 | CN¥4.65 Billion ≈ $679.96 Million |
+20.69% |
| 2019-12-31 | CN¥3.85 Billion ≈ $563.41 Million |
+31.41% |
| 2018-12-31 | CN¥2.93 Billion ≈ $428.75 Million |
+311.23% |
| 2017-12-31 | CN¥712.50 Million ≈ $104.26 Million |
+13.68% |
| 2016-12-31 | CN¥626.76 Million ≈ $91.71 Million |
-0.68% |
| 2015-12-31 | CN¥631.02 Million ≈ $92.34 Million |
+113.25% |
| 2014-12-31 | CN¥295.90 Million ≈ $43.30 Million |
+26.12% |
| 2013-12-31 | CN¥234.63 Million ≈ $34.33 Million |
+24.87% |
| 2012-12-31 | CN¥187.90 Million ≈ $27.50 Million |
+30.52% |
| 2011-12-31 | CN¥143.96 Million ≈ $21.07 Million |
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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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | CN¥7.89 Billion | 97.23% |
| Other Components | CN¥224.92 Million | 2.77% |
| Total Equity | CN¥8.12 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 |
|---|---|
|
Northwest Natural Gas Co
NYSE:NWN
|
$2.14 Billion |
|
Lucid Group Inc
NASDAQ:LCID
|
$2.14 Billion |
|
Shenzhen Agricultural Products Co Ltd
SHE:000061
|
$2.14 Billion |
|
NV Bekaert SA
BR:BEKB
|
$2.14 Billion |
|
Tenable Holdings Inc
NASDAQ:TENB
|
$2.14 Billion |
|
Shenzhen Airport Co Ltd
SHE:000089
|
$2.14 Billion |
|
China Oilfield Services Limited
F:CO9
|
$2.14 Billion |
|
KWS SAAT SE & Co. KGaA
F:KWS
|
$2.14 Billion |
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 2024 to 2025, total equity changed from 7,250,908,159 to 8,117,210,000, a change of 866,301,841 (11.9%).
- Net income of 889,168,400 contributed positively to equity growth.
- Other comprehensive income increased equity by 7,892,289,000.
- Other factors decreased equity by 7,915,155,559.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥889.17 Million | +10.95% |
| Other Comprehensive Income | CN¥7.89 Billion | +97.23% |
| Other Changes | CN¥-7.92 Billion | -97.51% |
| Total Change | CN¥- | 11.95% |
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: 1.68x
- 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 26.58x to 1.68x 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¥21.34 | x |
| 2012-12-31 | CN¥0.86 | CN¥21.34 | x |
| 2013-12-31 | CN¥1.07 | CN¥21.34 | x |
| 2014-12-31 | CN¥1.35 | CN¥21.34 | x |
| 2015-12-31 | CN¥2.29 | CN¥21.34 | x |
| 2016-12-31 | CN¥2.16 | CN¥21.34 | x |
| 2017-12-31 | CN¥1.37 | CN¥21.34 | x |
| 2018-12-31 | CN¥5.58 | CN¥21.34 | x |
| 2019-12-31 | CN¥6.79 | CN¥21.34 | x |
| 2020-12-31 | CN¥7.25 | CN¥21.34 | x |
| 2021-12-31 | CN¥8.45 | CN¥21.34 | x |
| 2022-12-31 | CN¥9.19 | CN¥21.34 | x |
| 2023-12-31 | CN¥10.56 | CN¥21.34 | x |
| 2024-12-31 | CN¥11.18 | CN¥21.34 | x |
| 2025-12-31 | CN¥12.69 | CN¥21.34 | 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): 10.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.77%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (10.95%) is below the historical average (16.67%), 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 |
| 2025 | 10.95% | 2.77% | 0.00x | 0.00x | CN¥77.45 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: $1,747,075,249
- Average return on equity (ROE) among peers: 11.34%
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 | $2.14 Billion |
| Jiaozuo Wanfang Aluminum (000612) | $4.76 Billion | -1.31% | 0.81x | $2.32 Billion |
| Yunnan Aluminium Co Ltd (000807) | $715.35 Million | 13.64% | 2.20x | $16.14 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $3.47 Billion | 23.62% | 2.31x | $10.57 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $323.74 Million | 10.62% | 0.83x | $973.16 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $3.03 Billion | 0.73% | 0.98x | $737.51 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.10 Billion | 2.73% | 1.66x | $2.28 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $1.17 Billion | 8.55% | 0.18x | $543.19 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.39 Billion | 1.65% | 0.87x | $47.48 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $62.19 Million | 44.29% | 7.71x | $768.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $1.45 Billion | 8.92% | 0.36x | $11.27 Billion |
About 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