Henan Liliang Diamond Co. Ltd.
Henan Liliang Diamond Co., Ltd. engages in the research and development, production, and sale of artificial diamond products in China. Its products include lab grown diamonds, single crystal diamonds, diamond micro powder, and ornaments used in precision manufacturing, geological drilling, aerospace and military industry, photovoltaic new energy, third-generation semiconductors, jewelry, and othe… Read more
Henan Liliang Diamond Co. Ltd. (301071) - Net Assets
Latest net assets as of June 2025: CN¥5.27 Billion CNY
Based on the latest financial reports, Henan Liliang Diamond Co. Ltd. (301071) has net assets worth CN¥5.27 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.71 Billion) and total liabilities (CN¥1.43 Billion). 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¥5.27 Billion |
| % of Total Assets | 78.62% |
| Annual Growth Rate | 69.96% |
| 5-Year Change | 1088.24% |
| 10-Year Change | N/A |
| Growth Volatility | 171.23 |
Henan Liliang Diamond Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Henan Liliang Diamond Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Henan Liliang Diamond Co. Ltd. (2019–2024)
The table below shows the annual net assets of Henan Liliang Diamond Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.29 Billion | -0.69% |
| 2023-12-31 | CN¥5.33 Billion | +1.36% |
| 2022-12-31 | CN¥5.26 Billion | +448.45% |
| 2021-12-31 | CN¥958.32 Million | +115.24% |
| 2020-12-31 | CN¥445.24 Million | +19.49% |
| 2019-12-31 | CN¥372.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Henan Liliang Diamond 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 479.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.07 Billion | 20.19% |
| Other Components | CN¥4.22 Billion | 79.81% |
| Total Equity | CN¥5.29 Billion | 100.00% |
Henan Liliang Diamond Co. Ltd. Competitors by Market Cap
The table below lists competitors of Henan Liliang Diamond Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genew Technologies Co Ltd
SHG:688418
|
$761.94 Million |
|
Zhuzhou Hongda Electronics Corp Ltd Class A
SHE:300726
|
$762.12 Million |
|
Sidea Semiconductor Equipment (Shenzhen) Co., Ltd.
SHE:301629
|
$762.30 Million |
|
Employers Holdings Inc
NYSE:EIG
|
$762.61 Million |
|
Winner Medical Co Ltd
SHE:300888
|
$761.85 Million |
|
Tibet Rhodiola Pharmaceutical Holding Co
SHG:600211
|
$761.85 Million |
|
Beijing Piesat Information Technology Co Ltd
SHG:688066
|
$761.77 Million |
|
Tokai Carbon Korea Co. Ltd
KQ:064760
|
$761.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henan Liliang Diamond Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,327,430,101 to 5,290,473,451, a change of -36,956,650 (-0.7%).
- Net income of 200,825,009 contributed positively to equity growth.
- Dividend payments of 192,049,135 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥200.83 Million | +3.8% |
| Dividends Paid | CN¥192.05 Million | -3.63% |
| Other Changes | CN¥-45.73 Million | -0.86% |
| Total Change | CN¥- | -0.69% |
Book Value vs Market Value Analysis
This analysis compares Henan Liliang Diamond 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: 2.24x
- 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 11.07x to 2.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥4.11 | CN¥45.53 | x |
| 2020-12-31 | CN¥2.73 | CN¥45.53 | x |
| 2021-12-31 | CN¥4.41 | CN¥45.53 | x |
| 2022-12-31 | CN¥20.15 | CN¥45.53 | x |
| 2023-12-31 | CN¥20.47 | CN¥45.53 | x |
| 2024-12-31 | CN¥20.33 | CN¥45.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henan Liliang Diamond 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): 3.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.27%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.24x
- Recent ROE (3.80%) is below the historical average (12.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.94% | 28.53% | 0.39x | 1.53x | CN¥25.86 Million |
| 2020 | 16.40% | 29.81% | 0.31x | 1.80x | CN¥28.47 Million |
| 2021 | 25.00% | 48.07% | 0.35x | 1.49x | CN¥143.72 Million |
| 2022 | 8.76% | 50.78% | 0.15x | 1.18x | CN¥-65.35 Million |
| 2023 | 6.83% | 48.37% | 0.11x | 1.23x | CN¥-169.02 Million |
| 2024 | 3.80% | 29.27% | 0.10x | 1.24x | CN¥-328.22 Million |
Industry Comparison
This section compares Henan Liliang Diamond Co. Ltd.'s net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $1,759,784,697
- Average return on equity (ROE) among peers: 12.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henan Liliang Diamond Co. Ltd. (301071) | CN¥5.27 Billion | 16.94% | 0.27x | $761.89 Million |
| Innovative Medical Management Co Ltd (002173) | $134.18 Million | 19.54% | 1.80x | $1.16 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.57 Billion | 9.94% | 0.70x | $752.53 Million |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.13 Billion | 0.58% | 1.25x | $194.85 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $2.05 Billion | 32.41% | 0.07x | $615.93 Million |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $1.23 Billion | 2.34% | 1.89x | $148.12 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $1.15 Billion | 21.28% | 0.65x | $625.45 Million |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.90 Billion | 7.20% | 0.37x | $117.48 Million |
| Fiyta Holdings Ltd (200026) | $3.14 Billion | 8.50% | 0.31x | $210.32 Million |
| MCLON JEWELLERY Co.Ltd. (300945) | $538.90 Million | 11.81% | 0.15x | $303.73 Million |