Luoyang Xinqianglian Slewing Bearin (300850) - Net Assets

Latest as of September 2025: CN¥7.07 Billion CNY ≈ $1.03 Billion USD

Based on the latest financial reports, Luoyang Xinqianglian Slewing Bearin (300850) has net assets worth CN¥7.07 Billion CNY (≈ $1.03 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¥11.47 Billion ≈ $1.68 Billion USD) and total liabilities (CN¥4.40 Billion ≈ $644.08 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 financial resilience of Luoyang Xinqianglian Slewing Bearin to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥7.07 Billion
% of Total Assets	61.63%
Annual Growth Rate	36.36%
5-Year Change	246.32%
10-Year Change	N/A
Growth Volatility	52.51

Luoyang Xinqianglian Slewing Bearin - Net Assets Trend (2016–2024)

This chart illustrates how Luoyang Xinqianglian Slewing Bearin's net assets have evolved over time, based on quarterly financial data. Also explore 300850 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Luoyang Xinqianglian Slewing Bearin (2016–2024)

The table below shows the annual net assets of Luoyang Xinqianglian Slewing Bearin from 2016 to 2024. For live valuation and market cap data, see Luoyang Xinqianglian Slewing Bearin (300850) total market value.

Year	Net Assets	Change
2024-12-31	CN¥5.24 Billion ≈ $766.96 Million	+1.07%
2023-12-31	CN¥5.19 Billion ≈ $758.82 Million	+31.12%
2022-12-31	CN¥3.95 Billion ≈ $578.73 Million	+12.73%
2021-12-31	CN¥3.51 Billion ≈ $513.36 Million	+131.80%
2020-12-31	CN¥1.51 Billion ≈ $221.46 Million	+136.39%
2019-12-31	CN¥640.22 Million ≈ $93.69 Million	+18.51%
2018-12-31	CN¥540.23 Million ≈ $79.05 Million	+12.02%
2017-12-31	CN¥482.26 Million ≈ $70.57 Million	+9.96%
2016-12-31	CN¥438.58 Million ≈ $64.18 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Luoyang Xinqianglian Slewing Bearin'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 1306.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.72 Billion	33.63%
Common Stock	CN¥358.74 Million	7.02%
Other Comprehensive Income	CN¥338.72 Million	6.63%
Other Components	CN¥2.70 Billion	52.73%
Total Equity	CN¥5.11 Billion	100.00%

Luoyang Xinqianglian Slewing Bearin Competitors by Market Cap

The table below lists competitors of Luoyang Xinqianglian Slewing Bearin ranked by their market capitalization.

Company	Market Cap
Harley-Davidson Inc NYSE:HOG	$2.60 Billion
Artisan Partners Asset Management Inc NYSE:APAM	$2.60 Billion
Fabege AB ST:FABG	$2.60 Billion
By health SHE:300146	$2.60 Billion
Shenzhen hongfuhan Technology Co. Ltd. SHE:301086	$2.60 Billion
Callaway Golf Company NYSE:CALY	$2.59 Billion
McGrath RentCorp NASDAQ:MGRC	$2.59 Billion
Long Young Electronic (Kunshan) Co. Ltd. A SHE:301389	$2.59 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Luoyang Xinqianglian Slewing Bearin's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 5,082,378,154 to 5,111,740,598, a change of 29,362,444 (0.6%).
Net income of 65,377,671 contributed positively to equity growth.
Dividend payments of 98,996,442 reduced retained earnings.
Other comprehensive income increased equity by 338,720,964.
Other factors decreased equity by 275,739,749.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥65.38 Million	+1.28%
Dividends Paid	CN¥99.00 Million	-1.94%
Other Comprehensive Income	CN¥338.72 Million	+6.63%
Other Changes	CN¥-275.74 Million	-5.39%
Total Change	CN¥-	0.58%

Book Value vs Market Value Analysis

This analysis compares Luoyang Xinqianglian Slewing Bearin'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: 3.04x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 22.35x to 3.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	CN¥1.92	CN¥42.84	x
2017-12-31	CN¥2.08	CN¥42.84	x
2018-12-31	CN¥2.36	CN¥42.84	x
2019-12-31	CN¥2.80	CN¥42.84	x
2020-12-31	CN¥4.94	CN¥42.84	x
2021-12-31	CN¥10.92	CN¥42.84	x
2022-12-31	CN¥11.74	CN¥42.84	x
2023-12-31	CN¥15.19	CN¥42.84	x
2024-12-31	CN¥14.07	CN¥42.84	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Luoyang Xinqianglian Slewing Bearin 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): 1.28%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.22%
• Asset Turnover: 0.29x
• Equity Multiplier: 1.96x
Recent ROE (1.28%) is below the historical average (11.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	9.75%	12.02%	0.46x	1.76x	CN¥-1.11 Million
2017	8.47%	11.03%	0.48x	1.60x	CN¥-7.37 Million
2018	10.55%	12.46%	0.56x	1.50x	CN¥2.95 Million
2019	15.59%	15.52%	0.64x	1.58x	CN¥35.81 Million
2020	28.06%	20.57%	0.62x	2.20x	CN¥273.38 Million
2021	14.97%	20.76%	0.40x	1.82x	CN¥170.73 Million
2022	8.17%	11.91%	0.29x	2.37x	CN¥-70.91 Million
2023	7.38%	13.28%	0.29x	1.90x	CN¥-133.39 Million
2024	1.28%	2.22%	0.29x	1.96x	CN¥-445.80 Million

Industry Comparison

This section compares Luoyang Xinqianglian Slewing Bearin's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $3,365,283,973
Average return on equity (ROE) among peers: 6.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Luoyang Xinqianglian Slewing Bearin (300850)	CN¥7.07 Billion	9.75%	0.62x	$2.60 Billion
China International Marine Containers Group Ltd (000039)	$10.35 Billion	25.79%	0.66x	$4.17 Billion
Xinjiang Hejin Holding Co Ltd (000633)	$178.48 Million	3.26%	0.31x	$384.89 Million
Guangdong Jingyi Metal Co Ltd (002295)	$785.40 Million	-7.13%	0.66x	$411.84 Million
Shanghai Xinpeng Industry Co Ltd (002328)	$3.83 Billion	4.02%	0.54x	$1.17 Billion
Beijing Lier High Temperature Materials Co Ltd (002392)	$1.90 Billion	6.32%	0.24x	$1.60 Billion
Suzhou Victory Precision Manufacture Co Ltd (002426)	$8.34 Billion	5.15%	0.95x	$1.85 Billion
Dajin Heavy Industry Corp (002487)	$2.41 Billion	19.29%	0.93x	$7.84 Billion
Jiangsu Boamax Technologies Group Co Ltd (002514)	$1.02 Billion	4.60%	0.38x	$358.24 Million
Guangzheng Group Co Ltd (002524)	$808.79 Million	0.60%	1.00x	$332.55 Million
Anhui Honglu Steel Construction Group Co Ltd (002541)	$4.03 Billion	5.20%	1.12x	$1.96 Billion

About Luoyang Xinqianglian Slewing Bearin

SHE:300850 China Metal Fabrication

Market Cap

$2.60 Billion

CN¥17.74 Billion CNY

Market Cap Rank

#5383 Global

#1080 in China

Share Price

CN¥42.84

Change (1 day)

+2.83%

52-Week Range

CN¥29.30 - CN¥53.89

All Time High

CN¥141.90