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¥3.07 Billion CNY (≈ $449.74 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.16 Billion ≈ $608.57 Million USD) and total liabilities (CN¥1.09 Billion ≈ $158.83 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. See 301322 net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.07 Billion |
| % of Total Assets | 73.9% |
| Annual Growth Rate | 67.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 128.94 |
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A - Net Assets Trend (2021–2025)
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. For live market cap and overall valuation, see 301322 market cap overview.
Annual Net Assets for Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A (2021–2025)
The table below shows the annual net assets of Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A from 2021 to 2025. Also explore 301322 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.05 Billion ≈ $446.11 Million |
+7.91% |
| 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 231.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥554.31 Million | 19.61% |
| Other Components | CN¥2.27 Billion | 80.39% |
| 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 |
|---|---|
|
China Motor Corp
TW:2204
|
$908.73 Million |
|
GIGAVIS LTD (PROPOSED)
KQ:420770
|
$908.84 Million |
|
Oppenheimer Holdings Inc
NYSE:OPY
|
$908.89 Million |
|
Shijiazhuang Tonhe Electronics Technologies Co Ltd
SHE:300491
|
$908.90 Million |
|
Douglas Dynamics Inc
NYSE:PLOW
|
$908.31 Million |
|
Priortech
TA:PRTC
|
$907.62 Million |
|
Evolv Technologies Holdings Inc
NASDAQ:EVLV
|
$907.45 Million |
|
Koza Anadolu Metal Madencilik Isletmeleri AS
IS:KOZAA
|
$907.44 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 2024 to 2025, total equity changed from 2,825,153,025 to 2,827,121,239, a change of 1,968,214 (0.1%).
- Net income of 44,040,068 contributed positively to equity growth.
- Dividend payments of 72,056,959 reduced retained earnings.
- Other factors increased equity by 29,985,105.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥44.04 Million | +1.56% |
| Dividends Paid | CN¥72.06 Million | -2.55% |
| Other Changes | CN¥29.99 Million | +1.06% |
| Total Change | CN¥- | 0.07% |
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: 2.18x
- 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 12.47x to 2.18x 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¥43.53 | x |
| 2022-12-31 | CN¥6.32 | CN¥43.53 | x |
| 2023-12-31 | CN¥19.77 | CN¥43.53 | x |
| 2024-12-31 | CN¥19.25 | CN¥43.53 | x |
| 2025-12-31 | CN¥20.01 | CN¥43.53 | 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): 1.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.45%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.40x
- Recent ROE (1.56%) is below the historical average (18.71%), 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 |
| 2025 | 1.56% | 4.45% | 0.25x | 1.40x | CN¥-238.67 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 Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $4,340,425,601
- Average return on equity (ROE) among peers: 15.52%
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¥3.07 Billion | 33.10% | 0.35x | $908.69 Million |
| Zhejiang CFMoto Power Co Ltd (603129) | $7.74 Billion | 21.65% | 1.49x | $6.67 Billion |
| Jiangsu Xinri E-Vehicle Co Ltd (603787) | $943.66 Million | 9.39% | 1.01x | $334.08 Million |
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, development, production, and sale of electric field vehicles under the LVTONG brand name in China. It offers vehicles, such as electric sightseeing, golf sightseeing, electric antique, electric patrol, electric freight, and electric special vehicles, as well as electric vintage cars, commercial floor scrubb… Read more