Lihe Technology (300800) - Net Assets

Latest as of March 2026: CN¥2.06 Billion CNY ≈ $301.66 Million USD

Based on the latest financial reports, Lihe Technology (300800) has net assets worth CN¥2.06 Billion CNY (≈ $301.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.53 Billion ≈ $369.63 Million USD) and total liabilities (CN¥464.47 Million ≈ $67.97 Million 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. Also explore Lihe Technology balance sheet assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.06 Billion
% of Total Assets	81.61%
Annual Growth Rate	21.0%
5-Year Change	1.54%
10-Year Change	523.22%
Growth Volatility	52.8

Lihe Technology - Net Assets Trend (2012–2025)

This chart illustrates how Lihe Technology's net assets have evolved over time, based on quarterly financial data. Check 300800 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Lihe Technology (2012–2025)

The table below shows the annual net assets of Lihe Technology from 2012 to 2025. For live valuation and market cap data, see 300800 market cap.

Year	Net Assets	Change
2025-12-31	CN¥2.04 Billion ≈ $299.14 Million	+0.97%
2024-12-31	CN¥2.02 Billion ≈ $296.25 Million	-2.56%
2023-12-31	CN¥2.08 Billion ≈ $304.04 Million	+1.57%
2022-12-31	CN¥2.05 Billion ≈ $299.35 Million	+1.61%
2021-12-31	CN¥2.01 Billion ≈ $294.60 Million	+7.01%
2020-12-31	CN¥1.88 Billion ≈ $275.30 Million	+12.31%
2019-12-31	CN¥1.68 Billion ≈ $245.13 Million	+206.62%
2018-12-31	CN¥546.34 Million ≈ $79.95 Million	+38.09%
2017-12-31	CN¥395.64 Million ≈ $57.89 Million	+20.62%
2016-12-31	CN¥328.01 Million ≈ $48.00 Million	+17.66%
2015-12-31	CN¥278.79 Million ≈ $40.80 Million	+16.53%
2014-12-31	CN¥239.25 Million ≈ $35.01 Million	+16.30%
2013-12-31	CN¥205.72 Million ≈ $30.10 Million	+19.88%
2012-12-31	CN¥171.60 Million ≈ $25.11 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 1752.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥976.72 Million	47.84%
Other Components	CN¥1.06 Billion	52.16%
Total Equity	CN¥2.04 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
Merlin, Inc. NASDAQ:MRLN	$327.78 Million
Advanced Nano Products Co. Ltd KQ:121600	$328.04 Million
Byggmax Group AB ST:BMAX	$328.07 Million
29METALS Ltd AU:29M	$328.15 Million
Asia Aviation Public Company Limited F:55AA	$327.67 Million
FM Mattsson Mora Group AB (publ) ST:FMM-B	$327.61 Million
Jumbo Interactive Ltd AU:JIN	$327.56 Million
Letong Chemical Co Ltd SHE:002319	$327.37 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 2024 to 2025, total equity changed from 2,022,105,315 to 2,041,690,593, a change of 19,585,278 (1.0%).
Net income of 42,577,654 contributed positively to equity growth.
Dividend payments of 36,981,064 reduced retained earnings.
Other comprehensive income decreased equity by 122,750,195.
Other factors increased equity by 136,738,883.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥42.58 Million	+2.09%
Dividends Paid	CN¥36.98 Million	-1.81%
Other Comprehensive Income	CN¥-122.75 Million	-6.01%
Other Changes	CN¥136.74 Million	+6.7%
Total Change	CN¥-	0.97%

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: 1.10x
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 9.93x to 1.10x 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¥9.46	x
2013-12-31	CN¥1.15	CN¥9.46	x
2014-12-31	CN¥1.32	CN¥9.46	x
2015-12-31	CN¥1.55	CN¥9.46	x
2016-12-31	CN¥1.83	CN¥9.46	x
2017-12-31	CN¥2.19	CN¥9.46	x
2018-12-31	CN¥3.03	CN¥9.46	x
2019-12-31	CN¥8.84	CN¥9.46	x
2020-12-31	CN¥7.92	CN¥9.46	x
2021-12-31	CN¥8.54	CN¥9.46	x
2022-12-31	CN¥8.77	CN¥9.46	x
2023-12-31	CN¥8.80	CN¥9.46	x
2024-12-31	CN¥8.63	CN¥9.46	x
2025-12-31	CN¥8.62	CN¥9.46	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): 2.09%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.06%
• Asset Turnover: 0.32x
• Equity Multiplier: 1.27x
Recent ROE (2.09%) is below the historical average (13.34%), 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
2025	2.09%	5.06%	0.32x	1.27x	CN¥-161.59 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: $1,970,714,155
Average return on equity (ROE) among peers: 6.62%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lihe Technology (300800)	CN¥2.06 Billion	22.74%	0.23x	$327.74 Million
XJ Electric Co Ltd (000400)	$1.30 Billion	15.00%	0.40x	$3.52 Billion
Guangdong Macro Co Ltd (000533)	$2.06 Billion	11.00%	0.58x	$1.16 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.19 Billion	10.32%	0.10x	$914.10 Million
Dongfang Electronics Co Ltd (000682)	$1.90 Billion	2.65%	0.72x	$2.42 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$2.46 Billion	-5.38%	1.34x	$643.55 Million
Huagong Tech Co Ltd (000988)	$3.01 Billion	5.01%	0.66x	$13.71 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.38 Billion	9.72%	0.89x	$1.37 Billion
Sieyuan Electric Co Ltd (002028)	$4.71 Billion	6.26%	0.61x	$17.99 Billion
Shanghai Welltech Automation Co Ltd (002058)	$175.70 Million	4.41%	0.38x	$355.59 Million
Gotion High tech Co Ltd (002074)	$512.47 Million	7.21%	1.11x	$7.47 Billion

About Lihe Technology

SHE:300800 China Electrical Equipment & Parts

Market Cap

$327.74 Million

CN¥2.24 Billion CNY

Market Cap Rank

#14290 Global

#4241 in China

Share Price

CN¥9.46

Change (1 day)

+3.28%

52-Week Range

CN¥8.59 - CN¥13.20

All Time High

CN¥29.39