Shandong Linuo Technical Glass Co.Ltd. (301188) - Net Assets
Based on the latest financial reports, Shandong Linuo Technical Glass Co.Ltd. (301188) has net assets worth CN¥1.96 Billion CNY (≈ $286.86 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¥2.75 Billion ≈ $402.90 Million USD) and total liabilities (CN¥792.98 Million ≈ $116.04 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 how large is Shandong Linuo Technical Glass Co.Ltd.'s balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.96 Billion |
| % of Total Assets | 71.2% |
| Annual Growth Rate | 17.14% |
| 5-Year Change | 15.6% |
| 10-Year Change | 396.98% |
| Growth Volatility | 42.87 |
Shandong Linuo Technical Glass Co.Ltd. - Net Assets Trend (2013–2025)
This chart illustrates how Shandong Linuo Technical Glass Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Read 301188 total liabilities for a breakdown of total debt and financial obligations.
Annual Net Assets for Shandong Linuo Technical Glass Co.Ltd. (2013–2025)
The table below shows the annual net assets of Shandong Linuo Technical Glass Co.Ltd. from 2013 to 2025. For live valuation and market cap data, see 301188 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.57 Billion ≈ $230.20 Million |
+1.22% |
| 2024-12-31 | CN¥1.55 Billion ≈ $227.43 Million |
-0.39% |
| 2023-12-31 | CN¥1.56 Billion ≈ $228.32 Million |
+9.01% |
| 2022-12-31 | CN¥1.43 Billion ≈ $209.44 Million |
+5.17% |
| 2021-12-31 | CN¥1.36 Billion ≈ $199.14 Million |
+146.76% |
| 2020-12-31 | CN¥551.50 Million ≈ $80.70 Million |
+19.61% |
| 2019-12-31 | CN¥461.08 Million ≈ $67.47 Million |
+29.59% |
| 2018-12-31 | CN¥355.80 Million ≈ $52.06 Million |
+2.97% |
| 2017-12-31 | CN¥345.54 Million ≈ $50.56 Million |
+9.16% |
| 2015-12-31 | CN¥316.54 Million ≈ $46.32 Million |
+58.55% |
| 2014-12-31 | CN¥199.64 Million ≈ $29.21 Million |
-15.29% |
| 2013-12-31 | CN¥235.69 Million ≈ $34.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Linuo Technical Glass 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 899.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥398.04 Million | 25.30% |
| Other Components | CN¥1.18 Billion | 74.70% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Shandong Linuo Technical Glass Co.Ltd. Competitors by Market Cap
The table below lists competitors of Shandong Linuo Technical Glass Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
$1.72 Billion |
|
Shanxi Huaxiang Group Co Ltd
SHG:603112
|
$1.72 Billion |
|
Shenzhen Bluetrum Technology Co. Ltd. A
SHG:688332
|
$1.72 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
$1.72 Billion |
|
Bob's Discount Furniture, Inc.
NYSE:BOBS
|
$1.72 Billion |
|
Oculis Holding AG Ordinary shares
NASDAQ:OCS
|
$1.72 Billion |
|
Guizhou Broadcasting&TV Info
SHG:600996
|
$1.72 Billion |
|
SÜSS MicroTec SE
F:SMHN
|
$1.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Linuo Technical Glass Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,554,214,966 to 1,573,135,597, a change of 18,920,631 (1.2%).
- Net income of 39,660,429 contributed positively to equity growth.
- Dividend payments of 26,841,477 reduced retained earnings.
- Other comprehensive income decreased equity by 187,907,080.
- Other factors increased equity by 194,008,759.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥39.66 Million | +2.52% |
| Dividends Paid | CN¥26.84 Million | -1.71% |
| Other Comprehensive Income | CN¥-187.91 Million | -11.94% |
| Other Changes | CN¥194.01 Million | +12.33% |
| Total Change | CN¥- | 1.22% |
Book Value vs Market Value Analysis
This analysis compares Shandong Linuo Technical Glass 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: 6.67x
- 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 29.08x to 6.67x 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¥1.51 | CN¥43.86 | x |
| 2014-12-31 | CN¥1.32 | CN¥43.86 | x |
| 2015-12-31 | CN¥2.03 | CN¥43.86 | x |
| 2017-12-31 | CN¥2.06 | CN¥43.86 | x |
| 2018-12-31 | CN¥2.06 | CN¥43.86 | x |
| 2019-12-31 | CN¥2.67 | CN¥43.86 | x |
| 2020-12-31 | CN¥3.16 | CN¥43.86 | x |
| 2021-12-31 | CN¥7.63 | CN¥43.86 | x |
| 2022-12-31 | CN¥6.13 | CN¥43.86 | x |
| 2023-12-31 | CN¥6.63 | CN¥43.86 | x |
| 2024-12-31 | CN¥6.82 | CN¥43.86 | x |
| 2025-12-31 | CN¥6.58 | CN¥43.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Linuo Technical Glass 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): 2.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.04%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.72x
- Recent ROE (2.52%) is below the historical average (12.03%), 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 | 5.97% | 2.92% | 0.53x | 3.83x | CN¥-9.51 Million |
| 2014 | 21.89% | 9.96% | 0.52x | 4.22x | CN¥23.75 Million |
| 2015 | 21.22% | 17.90% | 0.57x | 2.09x | CN¥35.52 Million |
| 2017 | 14.09% | 9.65% | 0.88x | 1.66x | CN¥14.12 Million |
| 2018 | 18.44% | 10.97% | 1.02x | 1.65x | CN¥30.02 Million |
| 2019 | 17.97% | 12.63% | 0.95x | 1.50x | CN¥36.76 Million |
| 2020 | 16.46% | 13.76% | 0.93x | 1.29x | CN¥35.65 Million |
| 2021 | 9.17% | 14.04% | 0.57x | 1.15x | CN¥-11.31 Million |
| 2022 | 8.15% | 14.19% | 0.50x | 1.15x | CN¥-26.47 Million |
| 2023 | 4.22% | 6.96% | 0.44x | 1.38x | CN¥-90.11 Million |
| 2024 | 4.25% | 6.11% | 0.46x | 1.52x | CN¥-89.35 Million |
| 2025 | 2.52% | 4.04% | 0.36x | 1.72x | CN¥-117.65 Million |
Industry Comparison
This section compares Shandong Linuo Technical Glass Co.Ltd.'s net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,344,527,500
- Average return on equity (ROE) among peers: 13.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Linuo Technical Glass Co.Ltd. (301188) | CN¥1.96 Billion | 5.97% | 0.40x | $1.72 Billion |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $302.24 Million | 17.19% | 1.36x | $777.01 Million |
| Huangshan Novel Co Ltd (002014) | $111.53 Million | 31.69% | 0.99x | $989.48 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.61 Billion | 11.62% | 0.43x | $771.16 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $3.79 Billion | 7.65% | 1.15x | $603.69 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $590.09 Million | 16.39% | 0.36x | $1.51 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $528.24 Million | 10.31% | 2.26x | $981.26 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $2.46 Billion | 8.98% | 0.31x | $746.19 Million |
| Shandong Lipeng Co Ltd (002374) | $834.19 Million | 4.54% | 0.52x | $558.98 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $113.33 Million | 25.56% | 1.45x | $880.09 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.11 Billion | -1.34% | 0.36x | $2.32 Billion |
About Shandong Linuo Technical Glass Co.Ltd.
Shandong Linuo Pharmaceutical Packaging Co., Ltd. engages in the development, production, and sale of special glass products in the People's Republic of China. It offers pharmaceutical packaging products, such as glass molded injection and infusion bottle, glass ampoule, healthcare bottle, nasal spray bottle, and glass tube; kitchen glass products, including baking dish, measuring jug, casserole,… Read more