Lihe Technology
Lihe Technology (Hunan) Co., Ltd. engages in the research and development, production, and sales of environmental monitoring systems in China. The company provides water quality monitoring systems, air/flue gas monitoring systems, and environmental monitoring information management systems; and environmental monitoring system operation services, third-party testing, and monitoring consulting serv… Read more
Lihe Technology (300800) - Net Assets
Latest net assets as of September 2025: CN¥2.01 Billion CNY
Based on the latest financial reports, Lihe Technology (300800) has net assets worth CN¥2.01 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¥2.46 Billion) and total liabilities (CN¥449.77 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¥2.01 Billion |
| % of Total Assets | 81.72% |
| Annual Growth Rate | 22.83% |
| 5-Year Change | 7.61% |
| 10-Year Change | 626.18% |
| Growth Volatility | 54.38 |
Lihe Technology - Net Assets Trend (2012–2024)
This chart illustrates how Lihe Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lihe Technology (2012–2024)
The table below shows the annual net assets of Lihe Technology from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.02 Billion | -2.56% |
| 2023-12-31 | CN¥2.08 Billion | +1.57% |
| 2022-12-31 | CN¥2.05 Billion | +1.61% |
| 2021-12-31 | CN¥2.01 Billion | +7.01% |
| 2020-12-31 | CN¥1.88 Billion | +12.31% |
| 2019-12-31 | CN¥1.68 Billion | +206.62% |
| 2018-12-31 | CN¥546.34 Million | +38.09% |
| 2017-12-31 | CN¥395.64 Million | +20.62% |
| 2016-12-31 | CN¥328.01 Million | +17.66% |
| 2015-12-31 | CN¥278.79 Million | +16.53% |
| 2014-12-31 | CN¥239.25 Million | +16.30% |
| 2013-12-31 | CN¥205.72 Million | +19.88% |
| 2012-12-31 | CN¥171.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lihe Technology'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 1731.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥965.41 Million | 47.74% |
| Common Stock | CN¥236.76 Million | 11.71% |
| Other Comprehensive Income | CN¥122.75 Million | 6.07% |
| Other Components | CN¥697.18 Million | 34.48% |
| Total Equity | CN¥2.02 Billion | 100.00% |
Lihe Technology Competitors by Market Cap
The table below lists competitors of Lihe Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DAIKI ALUM. IND.
F:7YB
|
$194.16 Million |
|
Wuzhou Special Paper Group Co. Ltd.
SHG:605007
|
$194.17 Million |
|
Devsisters corporation
KQ:194480
|
$194.27 Million |
|
Octave Specialty Group, Inc.
NYSE:OSG
|
$194.31 Million |
|
New Murchison Gold Ltd
AU:NMG
|
$194.06 Million |
|
Mahindra Holidays & Resorts India Limited
NSE:MHRIL
|
$194.03 Million |
|
Jiangsu Jingyuan Environmental Protection Co Ltd
SHG:688096
|
$194.03 Million |
|
FM MATTSSON MORA GR.B
F:1FS0
|
$194.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lihe Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,074,539,531 to 2,022,105,315, a change of -52,434,216 (-2.5%).
- Net income of 39,814,819 contributed positively to equity growth.
- Dividend payments of 42,284,987 reduced retained earnings.
- Share repurchases of 50,029,568 reduced equity.
- Other comprehensive income increased equity by 4,962,220.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥39.81 Million | +1.97% |
| Dividends Paid | CN¥42.28 Million | -2.09% |
| Share Repurchases | CN¥50.03 Million | -2.47% |
| Other Comprehensive Income | CN¥4.96 Million | +0.25% |
| Other Changes | CN¥-4.90 Million | -0.24% |
| Total Change | CN¥- | -2.53% |
Book Value vs Market Value Analysis
This analysis compares Lihe Technology'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: 1.44x
- 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 13.05x to 1.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.95 | CN¥12.44 | x |
| 2013-12-31 | CN¥1.15 | CN¥12.44 | x |
| 2014-12-31 | CN¥1.32 | CN¥12.44 | x |
| 2015-12-31 | CN¥1.55 | CN¥12.44 | x |
| 2016-12-31 | CN¥1.83 | CN¥12.44 | x |
| 2017-12-31 | CN¥2.19 | CN¥12.44 | x |
| 2018-12-31 | CN¥3.03 | CN¥12.44 | x |
| 2019-12-31 | CN¥6.98 | CN¥12.44 | x |
| 2020-12-31 | CN¥7.84 | CN¥12.44 | x |
| 2021-12-31 | CN¥8.62 | CN¥12.44 | x |
| 2022-12-31 | CN¥8.70 | CN¥12.44 | x |
| 2023-12-31 | CN¥8.80 | CN¥12.44 | x |
| 2024-12-31 | CN¥8.63 | CN¥12.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lihe Technology 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): 1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.14%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.21x
- Recent ROE (1.97%) is below the historical average (14.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 22.74% | 24.51% | 0.54x | 1.71x | CN¥21.86 Million |
| 2013 | 16.58% | 20.20% | 0.49x | 1.67x | CN¥13.54 Million |
| 2014 | 14.85% | 19.14% | 0.49x | 1.58x | CN¥11.61 Million |
| 2015 | 14.18% | 18.28% | 0.51x | 1.51x | CN¥11.66 Million |
| 2016 | 16.23% | 19.86% | 0.56x | 1.47x | CN¥20.43 Million |
| 2017 | 19.62% | 21.02% | 0.57x | 1.63x | CN¥38.06 Million |
| 2018 | 33.07% | 29.46% | 0.66x | 1.69x | CN¥126.07 Million |
| 2019 | 13.73% | 31.31% | 0.36x | 1.23x | CN¥62.48 Million |
| 2020 | 13.89% | 33.74% | 0.33x | 1.23x | CN¥73.14 Million |
| 2021 | 12.65% | 28.05% | 0.39x | 1.16x | CN¥53.29 Million |
| 2022 | 2.85% | 11.24% | 0.22x | 1.16x | CN¥-146.26 Million |
| 2023 | 2.27% | 7.01% | 0.27x | 1.18x | CN¥-160.30 Million |
| 2024 | 1.97% | 5.14% | 0.32x | 1.21x | CN¥-162.40 Million |
Industry Comparison
This section compares Lihe Technology's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lihe Technology (300800) | CN¥2.01 Billion | 22.74% | 0.22x | $194.13 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |