Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A (301322) - Net Assets
Based on the latest financial reports, Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A (301322) has net assets worth CN¥2.81 Billion CNY (≈ $411.06 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.12 Billion ≈ $456.58 Million USD) and total liabilities (CN¥311.11 Million ≈ $45.53 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 Guangdong Lvtong New Energy Electric Veh (301322) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.81 Billion |
| % of Total Assets | 90.03% |
| Annual Growth Rate | 94.39% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 135.39 |
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A - Net Assets Trend (2021–2024)
This chart illustrates how Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A's net assets have evolved over time, based on quarterly financial data. Also explore Guangdong Lvtong New Energy Electric Veh total assets for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A (2021–2024)
The table below shows the annual net assets of Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A from 2021 to 2024. For live valuation and market cap data, see 301322 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.83 Billion ≈ $413.41 Million |
-2.72% |
| 2023-12-31 | CN¥2.90 Billion ≈ $424.97 Million |
+317.07% |
| 2022-12-31 | CN¥696.32 Million ≈ $101.89 Million |
+81.12% |
| 2021-12-31 | CN¥384.46 Million ≈ $56.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A'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 248.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥581.83 Million | 20.59% |
| Other Components | CN¥2.24 Billion | 79.41% |
| Total Equity | CN¥2.83 Billion | 100.00% |
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A Competitors by Market Cap
The table below lists competitors of Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glencore PLC
LSE:GLEN
|
$802.42 Million |
|
Changzhou Zhongying Science & Technology Co. Ltd
SHE:300936
|
$802.53 Million |
|
Chongqing Changan Automobile Co Ltd
SHE:200625
|
$802.61 Million |
|
Guangzhou Haoyun Security Technologies Co Ltd
SHE:300448
|
$802.86 Million |
|
General Interface Solution GIS Holding Ltd
TW:6456
|
$802.02 Million |
|
Ruitai Materials Technology Co Ltd
SHE:002066
|
$801.95 Million |
|
Hanmi Financial Corporation
NASDAQ:HAFC
|
$801.90 Million |
|
Oneness Biotech Co Ltd
TWO:4743
|
$801.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,904,173,423 to 2,825,153,025, a change of -79,020,397 (-2.7%).
- Net income of 142,123,352 contributed positively to equity growth.
- Dividend payments of 104,672,998 reduced retained earnings.
- Other factors decreased equity by 116,470,751.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥142.12 Million | +5.03% |
| Dividends Paid | CN¥104.67 Million | -3.71% |
| Other Changes | CN¥-116.47 Million | -4.12% |
| Total Change | CN¥- | -2.72% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A'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: 2.02x
- 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 11.11x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.49 | CN¥38.80 | x |
| 2022-12-31 | CN¥6.32 | CN¥38.80 | x |
| 2023-12-31 | CN¥19.77 | CN¥38.80 | x |
| 2024-12-31 | CN¥19.25 | CN¥38.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A 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): 5.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.10%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.10x
- Recent ROE (5.03%) is below the historical average (22.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 33.10% | 12.51% | 1.53x | 1.72x | CN¥88.79 Million |
| 2022 | 44.79% | 21.20% | 1.67x | 1.26x | CN¥242.22 Million |
| 2023 | 9.06% | 24.33% | 0.35x | 1.06x | CN¥-27.33 Million |
| 2024 | 5.03% | 17.10% | 0.27x | 1.10x | CN¥-140.39 Million |
Industry Comparison
This section compares Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $16,846,666,815
- Average return on equity (ROE) among peers: 5.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A (301322) | CN¥2.81 Billion | 33.10% | 0.11x | $802.18 Million |
| Weichai Power Co Ltd Class A (000338) | $104.11 Billion | 4.71% | 1.82x | $30.91 Billion |
| Jiangling Motors Corp Ltd (000550) | $12.41 Billion | 10.62% | 0.97x | $1.42 Billion |
| Haima Automobile Group Co Ltd (000572) | $8.27 Billion | -12.03% | 0.91x | $1.35 Billion |
| Chongqing Changan Automobile Co Ltd (000625) | $8.39 Billion | 2.82% | 1.22x | $11.53 Billion |
| Faw Car Co Ltd (000800) | $26.24 Billion | 14.86% | 1.66x | $4.85 Billion |
| Anhui Ankai Automobile Co Ltd (000868) | $677.49 Million | 1.79% | 0.63x | $613.16 Million |
| Kunming Yunnei Power Co Ltd (000903) | $5.56 Billion | 4.17% | 1.22x | $620.05 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $1.47 Billion | 4.76% | 1.58x | $1.04 Billion |
| Zotye Automobile Co Ltd (000980) | $1.17 Billion | 3.76% | 0.54x | $1.86 Billion |
| Yinyi Real Estate Co Ltd (000981) | $171.76 Million | 20.94% | 0.97x | $5.62 Billion |
About Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A
Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. engages in the research and development, production, and sale of electric field vehicles under the LVTONG brand name in China. The company provides electric sightseeing vehicles, golf sightseeing vehicles, electric antique vehicles, electric patrol vehicles, electric vintage cars, electric freight vehicles, electric special vehicle… Read more