Sichuan Langsha Holding Ltd

SHG:600137 China Apparel Manufacturing
Market Cap
$302.89 Million
CN¥2.22 Billion CNY
Market Cap Rank
#17191 Global
#4490 in China
Share Price
CN¥22.86
Change (1 day)
+0.13%
52-Week Range
CN¥13.47 - CN¥24.73
All Time High
CN¥49.71
Categories
Companies in China Apparel Manufacturing
About

Sichuan Langsha Holding Ltd. manufactures and sells knitted underwear and fabrics for men, women, and children in China. It offers seamless and seamed thermal underwear, fashion underwear, men's and women's shorts, bras, and others. The company sells its products through approximately directly operated stores, franchised stores, and foreign trade OEMs; and online. It also exports its products. Th… Read more

Sichuan Langsha Holding Ltd (600137) - Net Assets

Latest net assets as of September 2025: CN¥542.68 Million CNY

Based on the latest financial reports, Sichuan Langsha Holding Ltd (600137) has net assets worth CN¥542.68 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥682.31 Million) and total liabilities (CN¥139.62 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥542.68 Million
% of Total Assets 79.54%
Annual Growth Rate 6.95%
5-Year Change 5.67%
10-Year Change 22.9%
Growth Volatility 170.14

Sichuan Langsha Holding Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Sichuan Langsha Holding Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sichuan Langsha Holding Ltd (1995–2024)

The table below shows the annual net assets of Sichuan Langsha Holding Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥541.17 Million +1.10%
2023-12-31 CN¥535.27 Million +1.90%
2022-12-31 CN¥525.28 Million +0.14%
2021-12-31 CN¥524.53 Million +2.42%
2020-12-31 CN¥512.13 Million +1.59%
2019-12-31 CN¥504.10 Million +0.80%
2018-12-31 CN¥500.07 Million +4.89%
2017-12-31 CN¥476.74 Million +5.06%
2016-12-31 CN¥453.79 Million +3.06%
2015-12-31 CN¥440.33 Million -4.49%
2014-12-31 CN¥461.01 Million +0.43%
2013-12-31 CN¥459.06 Million +1.81%
2012-12-31 CN¥450.88 Million +2.35%
2011-12-31 CN¥440.52 Million +8.55%
2010-12-31 CN¥405.84 Million +11.95%
2009-12-31 CN¥362.51 Million +229.08%
2008-12-31 CN¥110.16 Million +30.89%
2007-12-31 CN¥84.16 Million +117.36%
2006-12-31 CN¥-484.79 Million +17.44%
2005-12-31 CN¥-587.20 Million -14.57%
2004-12-31 CN¥-512.53 Million +0.21%
2003-12-31 CN¥-513.63 Million +1.47%
2002-12-31 CN¥-521.28 Million -303.95%
2001-12-31 CN¥255.59 Million +48.14%
2000-12-31 CN¥172.54 Million +749.99%
1999-12-31 CN¥20.30 Million -77.45%
1998-12-31 CN¥90.01 Million -7.30%
1997-12-31 CN¥97.10 Million +11.37%
1996-12-31 CN¥87.19 Million +13.13%
1995-12-31 CN¥77.07 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sichuan Langsha Holding 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 523.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥80.43 Million 14.86%
Common Stock CN¥97.22 Million 17.96%
Other Components CN¥363.52 Million 67.17%
Total Equity CN¥541.17 Million 100.00%

Sichuan Langsha Holding Ltd Competitors by Market Cap

The table below lists competitors of Sichuan Langsha Holding Ltd ranked by their market capitalization.

Company Market Cap
Diana Shipping Inc.
NYSE:DSX
 		$127.61 Million
Acepodia, Inc.
TWO:6976
 		$127.76 Million
Shanghai Rendu Biotechnology Co. Ltd. A
SHG:688193
 		$127.87 Million
BEXIMCO PHARMA.GDR REGS 1
F:R2WA
 		$127.97 Million
Caswell Inc
TW:6416
 		$127.60 Million
SIERRA MADRE GOLD AND SIL
F:409
 		$127.57 Million
Tethys Oil AB
ST:TETY
 		$127.55 Million
CMG Pharmaceutical Co. Ltd
KQ:058820
 		$127.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sichuan Langsha Holding Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 535,266,606 to 541,169,695, a change of 5,903,089 (1.1%).
  • Net income of 23,402,254 contributed positively to equity growth.
  • Dividend payments of 17,499,165 reduced retained earnings.
  • Other comprehensive income decreased equity by 109,596,746.
  • Other factors increased equity by 109,596,746.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥23.40 Million +4.32%
Dividends Paid CN¥17.50 Million -3.23%
Other Comprehensive Income CN¥-109.60 Million -20.25%
Other Changes CN¥109.60 Million +20.25%
Total Change CN¥- 1.10%

Book Value vs Market Value Analysis

This analysis compares Sichuan Langsha Holding 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: 4.10x
  • 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 22.41x to 4.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥1.02 CN¥22.86 x
1996-12-31 CN¥1.15 CN¥22.86 x
1997-12-31 CN¥1.29 CN¥22.86 x
1998-12-31 CN¥1.19 CN¥22.86 x
1999-12-31 CN¥0.27 CN¥22.86 x
2000-12-31 CN¥2.20 CN¥22.86 x
2001-12-31 CN¥1.94 CN¥22.86 x
2002-12-31 CN¥-6.90 CN¥22.86 x
2003-12-31 CN¥-6.80 CN¥22.86 x
2004-12-31 CN¥-6.78 CN¥22.86 x
2005-12-31 CN¥-7.75 CN¥22.86 x
2006-12-31 CN¥-8.09 CN¥22.86 x
2007-12-31 CN¥1.19 CN¥22.86 x
2008-12-31 CN¥1.57 CN¥22.86 x
2009-12-31 CN¥4.23 CN¥22.86 x
2010-12-31 CN¥4.22 CN¥22.86 x
2011-12-31 CN¥4.57 CN¥22.86 x
2012-12-31 CN¥4.65 CN¥22.86 x
2013-12-31 CN¥4.72 CN¥22.86 x
2014-12-31 CN¥4.71 CN¥22.86 x
2015-12-31 CN¥4.53 CN¥22.86 x
2016-12-31 CN¥4.65 CN¥22.86 x
2017-12-31 CN¥4.90 CN¥22.86 x
2018-12-31 CN¥5.14 CN¥22.86 x
2019-12-31 CN¥5.19 CN¥22.86 x
2020-12-31 CN¥5.27 CN¥22.86 x
2021-12-31 CN¥5.40 CN¥22.86 x
2022-12-31 CN¥5.40 CN¥22.86 x
2023-12-31 CN¥5.51 CN¥22.86 x
2024-12-31 CN¥5.57 CN¥22.86 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sichuan Langsha Holding 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): 4.32%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.16%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 1.27x
  • Recent ROE (4.32%) is below the historical average (8.57%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 10.36% 4.21% 0.79x 3.11x CN¥275.34K
1996 11.61% 6.40% 0.66x 2.75x CN¥1.40 Million
1997 10.21% 6.85% 0.49x 3.06x CN¥202.49K
1998 8.90% 6.46% 0.37x 3.75x CN¥-985.94K
1999 -221.85% -50.82% 0.29x 15.27x CN¥-47.06 Million
2000 9.66% 12.13% 0.23x 3.44x CN¥-560.44K
2001 -13.19% -37.97% 0.07x 4.96x CN¥-33.93 Million
2002 0.00% -2184.36% 0.29x 0.00x CN¥-615.45 Million
2003 0.00% 4.85% 0.43x 0.00x CN¥54.58 Million
2004 0.00% -65.39% 0.27x 0.00x CN¥19.77 Million
2005 0.00% -291.20% 0.16x 0.00x CN¥10.08 Million
2006 0.00% 62.66% 0.13x 0.00x CN¥56.80 Million
2007 355.13% 224.75% 0.89x 1.78x CN¥290.47 Million
2008 23.60% 15.11% 0.94x 1.66x CN¥14.98 Million
2009 8.26% 13.81% 0.42x 1.42x CN¥-6.29 Million
2010 10.68% 12.71% 0.59x 1.43x CN¥2.74 Million
2011 7.87% 8.46% 0.62x 1.51x CN¥-9.37 Million
2012 2.30% 2.50% 0.67x 1.37x CN¥-34.72 Million
2013 1.78% 1.87% 0.74x 1.30x CN¥-37.73 Million
2014 0.42% 0.59% 0.55x 1.30x CN¥-44.14 Million
2015 -4.70% -10.08% 0.38x 1.24x CN¥-64.72 Million
2016 2.97% 5.00% 0.46x 1.29x CN¥-31.92 Million
2017 4.81% 6.68% 0.53x 1.37x CN¥-24.72 Million
2018 5.83% 7.52% 0.56x 1.39x CN¥-20.85 Million
2019 3.14% 4.78% 0.48x 1.38x CN¥-34.57 Million
2020 3.47% 5.12% 0.50x 1.36x CN¥-33.46 Million
2021 3.85% 5.01% 0.60x 1.27x CN¥-32.28 Million
2022 3.29% 5.29% 0.49x 1.26x CN¥-35.25 Million
2023 4.23% 5.83% 0.55x 1.32x CN¥-30.90 Million
2024 4.32% 6.16% 0.55x 1.27x CN¥-30.71 Million

Industry Comparison

This section compares Sichuan Langsha Holding Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $2,325,523,488
  • Average return on equity (ROE) among peers: 10.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sichuan Langsha Holding Ltd (600137) CN¥542.68 Million 10.36% 0.26x $127.61 Million
Zhejiang Weixing Industrial Development Co Ltd (002003) $1.69 Billion 10.00% 0.41x $872.92 Million
Fujian Septwolves Industry Co Ltd (002029) $4.34 Billion 12.93% 0.28x $455.31 Million
Fujian SBS Zipper Science Tech (002098) $907.36 Million 22.11% 1.44x $193.92 Million
Zhejiang Baoxiniao Garment Co Ltd (002154) $4.05 Billion 11.33% 0.48x $465.11 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) $451.05 Million 7.04% 5.02x $376.25 Million
Zhejiang Jiaxin Silk Corp Ltd (002404) $1.35 Billion 5.95% 0.28x $265.95 Million
Cedar Development Co Ltd (002485) $1.98 Billion 0.38% 0.24x $115.45 Million
Huasi Agricultural Development Co Ltd (002494) $126.35 Million 16.94% 0.98x $193.25 Million
Zhejiang Semir Garment Co Ltd (002563) $7.76 Billion 15.77% 0.17x $517.45 Million
Zhejiang Busen Garments Co Ltd (002569) $613.00 Million 6.55% 0.44x $191.63 Million