Shenzhen Lihexing Co. Ltd. (301013) - Net Assets
Based on the latest financial reports, Shenzhen Lihexing Co. Ltd. (301013) has net assets worth CN¥762.54 Million CNY (≈ $111.58 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¥1.54 Billion ≈ $225.42 Million USD) and total liabilities (CN¥777.93 Million ≈ $113.84 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 Shenzhen Lihexing Co. Ltd. (301013) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥762.54 Million |
| % of Total Assets | 49.5% |
| Annual Growth Rate | 53.35% |
| 5-Year Change | 38.47% |
| 10-Year Change | 1752.7% |
| Growth Volatility | 80.3 |
Shenzhen Lihexing Co. Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen Lihexing Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shenzhen Lihexing Co. Ltd. for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Lihexing Co. Ltd. (2013–2024)
The table below shows the annual net assets of Shenzhen Lihexing Co. Ltd. from 2013 to 2024. For live valuation and market cap data, see how much is Shenzhen Lihexing Co. Ltd. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥839.95 Million ≈ $122.91 Million |
+0.40% |
| 2023-12-31 | CN¥836.57 Million ≈ $122.42 Million |
-4.46% |
| 2022-12-31 | CN¥875.63 Million ≈ $128.13 Million |
-6.24% |
| 2021-12-31 | CN¥933.94 Million ≈ $136.66 Million |
+53.97% |
| 2020-12-31 | CN¥606.58 Million ≈ $88.76 Million |
+16.71% |
| 2019-12-31 | CN¥519.74 Million ≈ $76.05 Million |
+80.46% |
| 2018-12-31 | CN¥288.01 Million ≈ $42.14 Million |
+21.25% |
| 2017-12-31 | CN¥237.53 Million ≈ $34.76 Million |
+156.04% |
| 2016-12-31 | CN¥92.77 Million ≈ $13.57 Million |
+104.62% |
| 2015-12-31 | CN¥45.34 Million ≈ $6.63 Million |
+271.20% |
| 2014-12-31 | CN¥12.21 Million ≈ $1.79 Million |
+60.40% |
| 2013-12-31 | CN¥7.61 Million ≈ $1.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Lihexing 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 21661434900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥216.46 Million | 25.65% |
| Common Stock | CN¥233.74 Million | 27.70% |
| Other Components | CN¥393.55 Million | 46.64% |
| Total Equity | CN¥843.75 Million | 100.00% |
Shenzhen Lihexing Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shenzhen Lihexing Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jenkem Technology Co Ltd
SHG:688356
|
$863.99 Million |
|
Phu Nhuan Jewelry JSC
VN:PNJ
|
$864.02 Million |
|
Harim Holdings Co. Ltd
KQ:003380
|
$864.77 Million |
|
Sunyard System Engineering Co Ltd
SHG:600571
|
$865.25 Million |
|
Shandong Mining Machinery Group Co Ltd
SHE:002526
|
$863.51 Million |
|
Shandong Huatai Paper Industry Shareholding Co Ltd
SHG:600308
|
$863.45 Million |
|
Controladora Vuela Compañía de Aviación S.A.B. de C.V
MX:VOLARA
|
$863.43 Million |
|
Shanghai Sanyou Medical Co Ltd
SHG:688085
|
$863.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Lihexing Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 837,914,000 to 843,748,000, a change of 5,834,000 (0.7%).
- Net income of 7,080,213 contributed positively to equity growth.
- Dividend payments of 11,277,000 reduced retained earnings.
- Other factors increased equity by 10,030,787.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥7.08 Million | +0.84% |
| Dividends Paid | CN¥11.28 Million | -1.34% |
| Other Changes | CN¥10.03 Million | +1.19% |
| Total Change | CN¥- | 0.70% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Lihexing 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: 7.06x
- 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 14.93x to 7.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.69 | CN¥25.25 | x |
| 2014-12-31 | CN¥0.93 | CN¥25.25 | x |
| 2015-12-31 | CN¥3.34 | CN¥25.25 | x |
| 2016-12-31 | CN¥1.25 | CN¥25.25 | x |
| 2017-12-31 | CN¥1.91 | CN¥25.25 | x |
| 2018-12-31 | CN¥2.02 | CN¥25.25 | x |
| 2019-12-31 | CN¥2.22 | CN¥25.25 | x |
| 2020-12-31 | CN¥3.51 | CN¥25.25 | x |
| 2021-12-31 | CN¥4.53 | CN¥25.25 | x |
| 2022-12-31 | CN¥3.74 | CN¥25.25 | x |
| 2023-12-31 | CN¥3.55 | CN¥25.25 | x |
| 2024-12-31 | CN¥3.58 | CN¥25.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Lihexing 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): 0.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.23%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.81x
- Recent ROE (0.84%) is below the historical average (10.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.83% | 2.98% | 1.30x | 2.02x | CN¥-165.23K |
| 2014 | 13.07% | 4.36% | 0.83x | 3.62x | CN¥374.42K |
| 2015 | 23.93% | 10.19% | 1.05x | 2.24x | CN¥6.30 Million |
| 2016 | 22.11% | 11.95% | 0.96x | 1.92x | CN¥11.24 Million |
| 2017 | 15.00% | 14.01% | 0.76x | 1.42x | CN¥11.88 Million |
| 2018 | 17.52% | 12.36% | 0.83x | 1.71x | CN¥21.67 Million |
| 2019 | 17.68% | 16.45% | 0.68x | 1.58x | CN¥39.85 Million |
| 2020 | 14.06% | 17.89% | 0.60x | 1.32x | CN¥24.48 Million |
| 2021 | 5.14% | 11.07% | 0.33x | 1.43x | CN¥-45.27 Million |
| 2022 | -4.73% | -13.50% | 0.22x | 1.58x | CN¥-128.93 Million |
| 2023 | -4.50% | -8.03% | 0.31x | 1.79x | CN¥-121.53 Million |
| 2024 | 0.84% | 1.23% | 0.38x | 1.81x | CN¥-77.29 Million |
Industry Comparison
This section compares Shenzhen Lihexing Co. Ltd.'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 |
|---|---|---|---|---|
| Shenzhen Lihexing Co. Ltd. (301013) | CN¥762.54 Million | 7.83% | 1.02x | $863.65 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 Shenzhen Lihexing Co. Ltd.
Shenzhen Lihexing Co.,Ltd. engages in the research and development, production, and sale of automation and intelligent equipment for information and communication technology industry in China. It provides stud welding equipment used in automatically soldering studs and shielding sheets to the middle frame of the phone using laser technology; AMOLED assembly equipment for covering OLED flexible sc… Read more