Lucky Film Co Ltd (600135) - Net Assets
Based on the latest financial reports, Lucky Film Co Ltd (600135) has net assets worth CN¥2.82 Billion CNY (≈ $412.80 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.23 Billion ≈ $472.88 Million USD) and total liabilities (CN¥410.55 Million ≈ $60.08 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 600135 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.82 Billion |
| % of Total Assets | 87.3% |
| Annual Growth Rate | 10.63% |
| 5-Year Change | 11.9% |
| 10-Year Change | 78.35% |
| Growth Volatility | 49.74 |
Lucky Film Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Lucky Film Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Lucky Film Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Lucky Film Co Ltd (1994–2024)
The table below shows the annual net assets of Lucky Film Co Ltd from 1994 to 2024. For live valuation and market cap data, see Lucky Film Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 37403664500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥374.04 Million | 15.15% |
| Common Stock | CN¥553.31 Million | 22.41% |
| Other Comprehensive Income | CN¥571.21 Million | 23.13% |
| Other Components | CN¥970.87 Million | 39.32% |
| Total Equity | CN¥2.47 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 |
|---|---|
|
Silicon Integrated Systems Corp
TW:2363
|
$928.07 Million |
|
Changchun Engley Automobile Industry Co.Ltd.
SHG:601279
|
$928.20 Million |
|
Jianglong Shipbuilding Co Ltd
SHE:300589
|
$928.45 Million |
|
Jiangsu High Hope International Group Corp
SHG:600981
|
$928.63 Million |
|
Universal Insurance Holdings Inc
NYSE:UVE
|
$927.72 Million |
|
HDC Holdings Co Ltd
KO:012630
|
$927.56 Million |
|
Accel Entertainment Inc
NYSE:ACEL
|
$927.42 Million |
|
Tes Touch Embedded Solutions
SHE:003019
|
$927.35 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 2023 to 2024, total equity changed from 2,494,361,736 to 2,469,423,818, a change of -24,937,918 (-1.0%).
- Net loss of 62,261,405 reduced equity.
- Dividend payments of 3,208,887 reduced retained earnings.
- Other comprehensive income increased equity by 571,210,259.
- Other factors decreased equity by 530,677,885.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-62.26 Million | -2.52% |
| Dividends Paid | CN¥3.21 Million | -0.13% |
| Other Comprehensive Income | CN¥571.21 Million | +23.13% |
| Other Changes | CN¥-530.68 Million | -21.49% |
| Total Change | CN¥- | -1.00% |
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: 2.57x
- 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 37.57x to 2.57x 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¥11.46 | x |
| 1995-12-31 | CN¥0.31 | CN¥11.46 | x |
| 1996-12-31 | CN¥0.31 | CN¥11.46 | x |
| 1997-12-31 | CN¥0.40 | CN¥11.46 | x |
| 1998-12-31 | CN¥1.50 | CN¥11.46 | x |
| 1999-12-31 | CN¥1.83 | CN¥11.46 | x |
| 2000-12-31 | CN¥2.11 | CN¥11.46 | x |
| 2001-12-31 | CN¥2.11 | CN¥11.46 | x |
| 2002-12-31 | CN¥2.12 | CN¥11.46 | x |
| 2003-12-31 | CN¥2.28 | CN¥11.46 | x |
| 2004-12-31 | CN¥2.08 | CN¥11.46 | x |
| 2005-12-31 | CN¥1.98 | CN¥11.46 | x |
| 2006-12-31 | CN¥2.04 | CN¥11.46 | x |
| 2007-12-31 | CN¥2.79 | CN¥11.46 | x |
| 2008-12-31 | CN¥2.59 | CN¥11.46 | x |
| 2009-12-31 | CN¥2.86 | CN¥11.46 | x |
| 2010-12-31 | CN¥2.89 | CN¥11.46 | x |
| 2011-12-31 | CN¥2.72 | CN¥11.46 | x |
| 2012-12-31 | CN¥2.79 | CN¥11.46 | x |
| 2013-12-31 | CN¥2.84 | CN¥11.46 | x |
| 2014-12-31 | CN¥2.90 | CN¥11.46 | x |
| 2015-12-31 | CN¥4.46 | CN¥11.46 | x |
| 2016-12-31 | CN¥4.40 | CN¥11.46 | x |
| 2017-12-31 | CN¥4.52 | CN¥11.46 | x |
| 2018-12-31 | CN¥4.52 | CN¥11.46 | x |
| 2019-12-31 | CN¥4.42 | CN¥11.46 | x |
| 2020-12-31 | CN¥4.68 | CN¥11.46 | x |
| 2021-12-31 | CN¥4.72 | CN¥11.46 | x |
| 2022-12-31 | CN¥4.83 | CN¥11.46 | x |
| 2023-12-31 | CN¥4.51 | CN¥11.46 | x |
| 2024-12-31 | CN¥4.46 | CN¥11.46 | 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): -2.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.19%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.33x
- Recent ROE (-2.52%) is below the historical average (8.36%), 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 | 2.48% | 2.58% | 0.86x | 1.12x | CN¥-73.07 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 | 0.88% | 0.79% | 0.79x | 1.40x | CN¥-153.67 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 | 1.45% | 1.87% | 0.59x | 1.31x | CN¥-228.53 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 |
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: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lucky Film Co Ltd (600135) | CN¥2.82 Billion | 36.36% | 0.15x | $927.87 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Lucky Film Co Ltd
Lucky Film Company Limited, together with its subsidiaries, provides photovoltaic, lithium battery, medical, imaging, and optoelectronic materials in China and internationally. The company offers color photographic papers, including silver halide color, printing, and inkjet papers; processing chemicals; photo films and NDT films; new energy battery materials, such as lithium-ion battery separator… Read more