Lakala Payment Co Ltd (300773) - Net Assets
Based on the latest financial reports, Lakala Payment Co Ltd (300773) has net assets worth CN¥3.47 Billion CNY (≈ $508.07 Million 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¥10.58 Billion ≈ $1.55 Billion USD) and total liabilities (CN¥7.11 Billion ≈ $1.04 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 asset resilience ratio of Lakala Payment Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.47 Billion |
| % of Total Assets | 32.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | -34.64% |
| 10-Year Change | 123.88% |
| Growth Volatility | 27.23 |
Lakala Payment Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Lakala Payment Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Lakala Payment Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Lakala Payment Co Ltd (2013–2024)
The table below shows the annual net assets of Lakala Payment Co Ltd from 2013 to 2024. For live valuation and market cap data, see market cap of Lakala Payment Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.39 Billion ≈ $496.24 Million |
-9.55% |
| 2023-12-31 | CN¥3.75 Billion ≈ $548.65 Million |
+11.91% |
| 2022-12-31 | CN¥3.35 Billion ≈ $490.26 Million |
-30.07% |
| 2021-12-31 | CN¥4.79 Billion ≈ $701.11 Million |
-7.66% |
| 2020-12-31 | CN¥5.19 Billion ≈ $759.30 Million |
+3.42% |
| 2019-12-31 | CN¥5.02 Billion ≈ $734.22 Million |
+71.08% |
| 2018-12-31 | CN¥2.93 Billion ≈ $429.17 Million |
+26.25% |
| 2017-12-31 | CN¥2.32 Billion ≈ $339.94 Million |
+25.74% |
| 2016-12-31 | CN¥1.85 Billion ≈ $270.35 Million |
+21.97% |
| 2015-12-31 | CN¥1.51 Billion ≈ $221.65 Million |
+2793.94% |
| 2014-12-31 | CN¥-56.23 Million ≈ $-8.23 Million |
+73.35% |
| 2013-12-31 | CN¥-210.99 Million ≈ $-30.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lakala Payment 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 128585338270.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥820.31 Million | 24.20% |
| Common Stock | CN¥788.08 Million | 23.25% |
| Other Comprehensive Income | CN¥417.23 Million | 12.31% |
| Other Components | CN¥1.36 Billion | 40.25% |
| Total Equity | CN¥3.39 Billion | 100.00% |
Lakala Payment Co Ltd Competitors by Market Cap
The table below lists competitors of Lakala Payment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quilter PLC
JSE:QLT
|
$3.06 Billion |
|
Sunrun Inc
NASDAQ:RUN
|
$3.06 Billion |
|
Medacta Group SA
SW:MOVE
|
$3.06 Billion |
|
Guangdong Dongfang Precision Science & Technology Co Ltd
SHE:002611
|
$3.06 Billion |
|
Telefonaktiebolaget LM Ericsson (publ)
ST:ERIC-A
|
$3.06 Billion |
|
CITY DEV.LTD.ADR/1 SD-50
F:CDE0
|
$3.06 Billion |
|
Global Power Synergy PCL
BK:GPSC
|
$3.05 Billion |
|
Amber Enterprises India Limited
NSE:AMBER
|
$3.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lakala Payment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,748,158,238 to 3,390,141,542, a change of -358,016,696 (-9.6%).
- Net income of 351,198,630 contributed positively to equity growth.
- Dividend payments of 724,649,780 reduced retained earnings.
- Share repurchases of 98,723,125 reduced equity.
- Other comprehensive income increased equity by 417,232,958.
- Other factors decreased equity by 303,075,379.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥351.20 Million | +10.36% |
| Dividends Paid | CN¥724.65 Million | -21.38% |
| Share Repurchases | CN¥98.72 Million | -2.91% |
| Other Comprehensive Income | CN¥417.23 Million | +12.31% |
| Other Changes | CN¥-303.08 Million | -8.94% |
| Total Change | CN¥- | -9.55% |
Book Value vs Market Value Analysis
This analysis compares Lakala Payment 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: 6.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥-0.45 | CN¥26.94 | x |
| 2014-12-31 | CN¥-0.12 | CN¥26.94 | x |
| 2015-12-31 | CN¥2.13 | CN¥26.94 | x |
| 2016-12-31 | CN¥2.57 | CN¥26.94 | x |
| 2017-12-31 | CN¥3.20 | CN¥26.94 | x |
| 2018-12-31 | CN¥4.06 | CN¥26.94 | x |
| 2019-12-31 | CN¥6.19 | CN¥26.94 | x |
| 2020-12-31 | CN¥6.43 | CN¥26.94 | x |
| 2021-12-31 | CN¥6.10 | CN¥26.94 | x |
| 2022-12-31 | CN¥4.29 | CN¥26.94 | x |
| 2023-12-31 | CN¥4.83 | CN¥26.94 | x |
| 2024-12-31 | CN¥4.34 | CN¥26.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lakala Payment 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): 10.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.10%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 3.09x
- Recent ROE (10.36%) is above the historical average (8.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -20.54% | 0.64x | 0.00x | CN¥-105.60 Million |
| 2014 | 0.00% | -21.45% | 0.46x | 0.00x | CN¥-190.74 Million |
| 2015 | 8.21% | 7.84% | 0.36x | 2.88x | CN¥-27.13 Million |
| 2016 | 18.11% | 13.09% | 0.60x | 2.29x | CN¥150.02 Million |
| 2017 | 20.29% | 16.86% | 0.66x | 1.82x | CN¥238.14 Million |
| 2018 | 20.57% | 10.56% | 1.13x | 1.73x | CN¥307.99 Million |
| 2019 | 16.27% | 16.46% | 0.44x | 2.26x | CN¥310.74 Million |
| 2020 | 18.10% | 16.73% | 0.46x | 2.34x | CN¥416.56 Million |
| 2021 | 22.61% | 16.36% | 0.56x | 2.45x | CN¥603.76 Million |
| 2022 | -42.91% | -26.64% | 0.52x | 3.12x | CN¥-1.77 Billion |
| 2023 | 12.21% | 7.71% | 0.48x | 3.27x | CN¥82.85 Million |
| 2024 | 10.36% | 6.10% | 0.55x | 3.09x | CN¥12.18 Million |
Industry Comparison
This section compares Lakala Payment Co Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $977,143,599
- Average return on equity (ROE) among peers: -60.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lakala Payment Co Ltd (300773) | CN¥3.47 Billion | 0.00% | 2.05x | $3.06 Billion |
| Eastcompeace Technology Co Ltd (002017) | $410.34 Million | 9.14% | 0.48x | $1.61 Billion |
| Wiscom System Co Ltd (002090) | $436.23 Million | 11.30% | 0.39x | $658.27 Million |
| Topsec Technologies Group Inc (002212) | $1.80 Billion | 3.14% | 0.75x | $1.26 Billion |
| Focus Technology Co Ltd (002315) | $1.62 Billion | 10.04% | 0.15x | $1.41 Billion |
| Beijing Venustech Inc (002439) | $994.71 Million | 6.03% | 0.19x | $2.77 Billion |
| Maxvision Technology Corp (002990) | $2.02 Billion | 8.85% | 0.50x | $2.06 Billion |
| Wangsu Science Tech (300017) | $708.43 Million | 5.48% | 0.03x | $5.76 Billion |
| Shenzhen Tianyuan Dic Info Tech (300047) | $1.18 Billion | 10.37% | 0.34x | $1.15 Billion |
| Shenzhen InfoGem Technologies Co Ltd (300085) | $539.78 Million | -23.92% | 1.03x | $3.85 Billion |
| TIZA Information Industry Corporation Inc (300209) | $56.50 Million | -649.13% | 13.39x | $2.37 Billion |
About Lakala Payment Co Ltd
Lakala Payment Co., Ltd. engages in the digital payment and technology service businesses in China. The company provides digital payment solutions, including payment collection, cross-border payment, and international card service solutions. It serves retail stores, small and medium banks, and industries, as well as catering, retail, automotive, and tourism sectors. Lakala Payment Co., Ltd. was f… Read more