Lucky Film Co Ltd (600135) - Net Assets

Latest as of March 2026: CN¥2.80 Billion CNY ≈ $409.12 Million USD

Based on the latest financial reports, Lucky Film Co Ltd (600135) has net assets worth CN¥2.80 Billion CNY (≈ $409.12 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¥3.27 Billion ≈ $479.12 Million USD) and total liabilities (CN¥478.42 Million ≈ $70.01 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 how tangible is Lucky Film Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.80 Billion
% of Total Assets	85.39%
Annual Growth Rate	10.22%
5-Year Change	8.4%
10-Year Change	72.59%
Growth Volatility	49.02

Lucky Film Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Lucky Film Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600135 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Lucky Film Co Ltd (1994–2025)

The table below shows the annual net assets of Lucky Film Co Ltd from 1994 to 2025. For live valuation and market cap data, see Lucky Film Co Ltd market cap and net worth.

Year	Net Assets	Change
2025-12-31	CN¥2.86 Billion ≈ $418.44 Million	-1.40%
2024-12-31	CN¥2.90 Billion ≈ $424.36 Million	+15.28%
2023-12-31	CN¥2.52 Billion ≈ $368.12 Million	-6.62%
2022-12-31	CN¥2.69 Billion ≈ $394.22 Million	+2.13%
2021-12-31	CN¥2.64 Billion ≈ $386.01 Million	+1.79%
2020-12-31	CN¥2.59 Billion ≈ $379.24 Million	+16.45%
2019-12-31	CN¥2.23 Billion ≈ $325.66 Million	+30.72%
2018-12-31	CN¥1.70 Billion ≈ $249.12 Million	+0.01%
2017-12-31	CN¥1.70 Billion ≈ $249.10 Million	+2.74%
2016-12-31	CN¥1.66 Billion ≈ $242.45 Million	+1.89%
2015-12-31	CN¥1.63 Billion ≈ $237.94 Million	+61.64%
2014-12-31	CN¥1.01 Billion ≈ $147.20 Million	+1.76%
2013-12-31	CN¥988.58 Million ≈ $144.66 Million	+1.89%
2012-12-31	CN¥970.22 Million ≈ $141.97 Million	+3.27%
2011-12-31	CN¥939.47 Million ≈ $137.47 Million	-5.35%
2010-12-31	CN¥992.62 Million ≈ $145.25 Million	+0.41%
2009-12-31	CN¥988.61 Million ≈ $144.66 Million	+0.31%
2008-12-31	CN¥985.53 Million ≈ $144.21 Million	+0.15%
2007-12-31	CN¥984.01 Million ≈ $143.99 Million	+4.50%
2006-12-31	CN¥941.62 Million ≈ $137.79 Million	+3.38%
2005-12-31	CN¥910.82 Million ≈ $133.28 Million	-4.88%
2004-12-31	CN¥957.53 Million ≈ $140.12 Million	-8.59%
2003-12-31	CN¥1.05 Billion ≈ $153.28 Million	+7.68%
2002-12-31	CN¥972.76 Million ≈ $142.35 Million	+0.09%
2001-12-31	CN¥971.90 Million ≈ $142.22 Million	+0.20%
2000-12-31	CN¥969.98 Million ≈ $141.94 Million	+15.81%
1999-12-31	CN¥837.54 Million ≈ $122.56 Million	+21.80%
1998-12-31	CN¥687.64 Million ≈ $100.62 Million	+272.76%
1997-12-31	CN¥184.48 Million ≈ $26.99 Million	+31.77%
1996-12-31	CN¥140.00 Million ≈ $20.49 Million	0.00%
1995-12-31	CN¥140.00 Million ≈ $20.49 Million	0.00%
1994-12-31	CN¥140.00 Million ≈ $20.49 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Lucky Film 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 27530844900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥275.31 Million	11.57%
Common Stock	CN¥553.31 Million	23.26%
Other Comprehensive Income	CN¥579.41 Million	24.36%
Other Components	CN¥970.87 Million	40.81%
Total Equity	CN¥2.38 Billion	100.00%

Lucky Film Co Ltd Competitors by Market Cap

The table below lists competitors of Lucky Film Co Ltd ranked by their market capitalization.

Company	Market Cap
Scanfil Oyj HE:SCANFL	$708.55 Million
Guoguang Electric Co Ltd SHE:002045	$708.68 Million
Mako Mining Corp V:MKO	$708.81 Million
Propel Holdings Inc TO:PRL	$709.43 Million
Guangdong Vanward New Electric Co Ltd SHE:002543	$708.37 Million
Sunyard System Engineering Co Ltd SHG:600571	$708.30 Million
China Television Media Ltd SHG:600088	$708.26 Million
Dharma Satya Nusantara Ptdsn JK:DSNG	$708.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lucky Film Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,469,423,818 to 2,378,898,736, a change of -90,525,082 (-3.7%).
Net loss of 98,728,196 reduced equity.
Dividend payments of 1,094,403 reduced retained earnings.
Other comprehensive income increased equity by 8,203,115.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-98.73 Million	-4.15%
Dividends Paid	CN¥1.09 Million	-0.05%
Other Comprehensive Income	CN¥8.20 Million	+0.34%
Other Changes	CN¥1.09 Million	+0.05%
Total Change	CN¥-	-3.67%

Book Value vs Market Value Analysis

This analysis compares Lucky Film 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: 2.04x
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 28.68x to 2.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-12-31	CN¥0.31	CN¥8.75	x
1995-12-31	CN¥0.31	CN¥8.75	x
1996-12-31	CN¥0.31	CN¥8.75	x
1997-12-31	CN¥0.40	CN¥8.75	x
1998-12-31	CN¥1.50	CN¥8.75	x
1999-12-31	CN¥1.83	CN¥8.75	x
2000-12-31	CN¥2.11	CN¥8.75	x
2001-12-31	CN¥2.11	CN¥8.75	x
2002-12-31	CN¥2.12	CN¥8.75	x
2003-12-31	CN¥2.28	CN¥8.75	x
2004-12-31	CN¥2.08	CN¥8.75	x
2005-12-31	CN¥1.98	CN¥8.75	x
2006-12-31	CN¥2.04	CN¥8.75	x
2007-12-31	CN¥2.79	CN¥8.75	x
2008-12-31	CN¥2.59	CN¥8.75	x
2009-12-31	CN¥2.86	CN¥8.75	x
2010-12-31	CN¥2.89	CN¥8.75	x
2011-12-31	CN¥2.72	CN¥8.75	x
2012-12-31	CN¥2.79	CN¥8.75	x
2013-12-31	CN¥2.84	CN¥8.75	x
2014-12-31	CN¥2.90	CN¥8.75	x
2015-12-31	CN¥4.46	CN¥8.75	x
2016-12-31	CN¥4.40	CN¥8.75	x
2017-12-31	CN¥4.52	CN¥8.75	x
2018-12-31	CN¥4.52	CN¥8.75	x
2019-12-31	CN¥4.42	CN¥8.75	x
2020-12-31	CN¥4.68	CN¥8.75	x
2021-12-31	CN¥4.72	CN¥8.75	x
2022-12-31	CN¥4.83	CN¥8.75	x
2023-12-31	CN¥4.51	CN¥8.75	x
2024-12-31	CN¥4.46	CN¥8.75	x
2025-12-31	CN¥4.30	CN¥8.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lucky Film 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): -4.15%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -7.51%
• Asset Turnover: 0.40x
• Equity Multiplier: 1.38x
Recent ROE (-4.15%) is below the historical average (8.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	36.36%	14.06%	1.11x	2.33x	CN¥36.91 Million
1995	36.74%	14.57%	1.10x	2.29x	CN¥37.44 Million
1996	36.97%	15.11%	0.90x	2.72x	CN¥37.76 Million
1997	28.76%	15.03%	0.82x	2.34x	CN¥34.61 Million
1998	10.21%	18.18%	0.45x	1.25x	CN¥1.42 Million
1999	19.12%	25.84%	0.69x	1.07x	CN¥76.35 Million
2000	22.27%	28.39%	0.68x	1.15x	CN¥118.71 Million
2001	14.42%	21.92%	0.55x	1.19x	CN¥42.84 Million
2002	12.79%	20.94%	0.51x	1.21x	CN¥27.05 Million
2003	7.65%	14.18%	0.50x	1.07x	CN¥-24.64 Million
2004	8.19%	12.61%	0.60x	1.08x	CN¥-17.29 Million
2005	2.46%	3.65%	0.59x	1.14x	CN¥-68.31 Million
2006	2.94%	3.20%	0.79x	1.17x	CN¥-66.12 Million
2007	3.94%	4.50%	0.79x	1.11x	CN¥-59.22 Million
2008	0.15%	0.21%	0.67x	1.10x	CN¥-96.39 Million
2009	0.21%	0.31%	0.64x	1.08x	CN¥-96.01 Million
2010	0.33%	0.44%	0.70x	1.07x	CN¥-95.28 Million
2011	-6.02%	-6.76%	0.80x	1.11x	CN¥-148.86 Million
2012	2.84%	2.67%	0.94x	1.13x	CN¥-68.47 Million
2013	2.53%	2.60%	0.87x	1.12x	CN¥-72.62 Million
2014	2.78%	2.91%	0.80x	1.20x	CN¥-71.69 Million
2015	2.28%	3.10%	0.62x	1.19x	CN¥-124.43 Million
2016	2.51%	2.89%	0.69x	1.25x	CN¥-122.93 Million
2017	3.51%	3.20%	0.78x	1.40x	CN¥-109.49 Million
2018	4.21%	3.13%	0.96x	1.40x	CN¥-97.59 Million
2019	3.86%	3.98%	0.72x	1.35x	CN¥-135.26 Million
2020	1.45%	1.81%	0.65x	1.24x	CN¥-219.46 Million
2021	2.08%	2.43%	0.67x	1.27x	CN¥-207.08 Million
2022	2.26%	2.77%	0.62x	1.31x	CN¥-206.83 Million
2023	-1.87%	-2.20%	0.59x	1.44x	CN¥-296.10 Million
2024	-2.52%	-4.19%	0.45x	1.33x	CN¥-309.20 Million
2025	-4.15%	-7.51%	0.40x	1.38x	CN¥-336.62 Million

Industry Comparison

This section compares Lucky Film Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $4,238,970,200
Average return on equity (ROE) among peers: 9.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lucky Film Co Ltd (600135)	CN¥2.80 Billion	36.36%	0.17x	$708.45 Million
North Huajin Chemical Industries Co Ltd (000059)	$14.98 Billion	0.47%	1.13x	$940.88 Million
Sichuan Chemical Co Ltd (000155)	$505.75 Million	22.40%	1.18x	$3.48 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$2.69 Billion	5.91%	0.33x	$11.21 Billion
Zangge Holding Co Ltd (000408)	$6.53 Billion	18.58%	0.19x	$17.56 Billion
Sichuan Jinlu Group Co Ltd (000510)	$754.79 Million	9.90%	0.56x	$2.10 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$2.05 Billion	4.97%	0.52x	$348.02 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$674.19 Million	1.08%	0.85x	$891.94 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$2.90 Billion	3.79%	0.15x	$376.61 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$771.01 Million	16.41%	0.10x	$286.04 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$10.53 Billion	6.76%	1.09x	$3.42 Billion

About Lucky Film Co Ltd

SHG:600135 China Chemicals

Market Cap

$708.45 Million

CN¥4.84 Billion CNY

Market Cap Rank

#10660 Global

#2960 in China

Share Price

CN¥8.75

Change (1 day)

-0.91%

52-Week Range

CN¥7.07 - CN¥12.72

All Time High

CN¥21.47