Lihe Technology (300800) - Net Assets

Latest as of September 2025: CN¥2.01 Billion CNY ≈ $294.21 Million USD

Based on the latest financial reports, Lihe Technology (300800) has net assets worth CN¥2.01 Billion CNY (≈ $294.21 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¥2.46 Billion ≈ $360.03 Million USD) and total liabilities (CN¥449.77 Million ≈ $65.82 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. Check asset resilience ratio of Lihe Technology to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Lihe Technology's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Lihe Technology (2012–2024)

The table below shows the annual net assets of Lihe Technology from 2012 to 2024. For live valuation and market cap data, see Lihe Technology market capitalisation.

Year	Net Assets	Change
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 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
Advanced Power Electronics Corp TW:8261	$443.82 Million
Jiangsu Yabang Dyestuff Co Ltd SHG:603188	$443.87 Million
Pacific Biosciences of California NASDAQ:PACB	$443.94 Million
Doubledown Interactive Co Ltd NASDAQ:DDI	$444.00 Million
Yeo Teknoloji Enerji ve Endustri AS IS:YEOTK	$443.67 Million
Shenzhen Tongye Technology Co.Ltd. SHE:300960	$443.66 Million
Qijing Machinery SHG:603677	$443.61 Million
AGI Greenpac Limited NSE:AGI	$443.60 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: 1.48x
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 13.44x to 1.48x 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¥12.81	x
2013-12-31	CN¥1.15	CN¥12.81	x
2014-12-31	CN¥1.32	CN¥12.81	x
2015-12-31	CN¥1.55	CN¥12.81	x
2016-12-31	CN¥1.83	CN¥12.81	x
2017-12-31	CN¥2.19	CN¥12.81	x
2018-12-31	CN¥3.03	CN¥12.81	x
2019-12-31	CN¥6.98	CN¥12.81	x
2020-12-31	CN¥7.84	CN¥12.81	x
2021-12-31	CN¥8.62	CN¥12.81	x
2022-12-31	CN¥8.70	CN¥12.81	x
2023-12-31	CN¥8.80	CN¥12.81	x
2024-12-31	CN¥8.63	CN¥12.81	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: $2,126,582,124
Average return on equity (ROE) among peers: 8.28%

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	$443.81 Million
XJ Electric Co Ltd (000400)	$2.20 Billion	5.89%	1.09x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$874.93 Million	-1.17%	1.71x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.71 Billion	7.84%	0.11x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$86.35 Million	23.75%	0.85x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.31 Billion	8.55%	0.86x	$834.77 Million
Huagong Tech Co Ltd (000988)	$1.22 Billion	3.70%	0.93x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.54 Billion	5.61%	1.58x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$11.08 Billion	1.35%	1.51x	$9.75 Billion

About Lihe Technology

SHE:300800 China Electrical Equipment & Parts

Market Cap

$443.81 Million

CN¥3.03 Billion CNY

Market Cap Rank

#13178 Global

#4138 in China

Share Price

CN¥12.81

Change (1 day)

+1.51%

52-Week Range

CN¥10.03 - CN¥13.20

All Time High

CN¥29.39