Sichuan Langsha Holding Ltd (600137) - Net Assets
Based on the latest financial reports, Sichuan Langsha Holding Ltd (600137) has net assets worth CN¥542.68 Million CNY (≈ $79.41 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¥682.31 Million ≈ $99.84 Million USD) and total liabilities (CN¥139.62 Million ≈ $20.43 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 Sichuan Langsha Holding Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Sichuan Langsha Holding Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 600137 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥541.17 Million ≈ $79.19 Million |
+1.10% |
| 2023-12-31 | CN¥535.27 Million ≈ $78.33 Million |
+1.90% |
| 2022-12-31 | CN¥525.28 Million ≈ $76.86 Million |
+0.14% |
| 2021-12-31 | CN¥524.53 Million ≈ $76.76 Million |
+2.42% |
| 2020-12-31 | CN¥512.13 Million ≈ $74.94 Million |
+1.59% |
| 2019-12-31 | CN¥504.10 Million ≈ $73.77 Million |
+0.80% |
| 2018-12-31 | CN¥500.07 Million ≈ $73.18 Million |
+4.89% |
| 2017-12-31 | CN¥476.74 Million ≈ $69.76 Million |
+5.06% |
| 2016-12-31 | CN¥453.79 Million ≈ $66.40 Million |
+3.06% |
| 2015-12-31 | CN¥440.33 Million ≈ $64.43 Million |
-4.49% |
| 2014-12-31 | CN¥461.01 Million ≈ $67.46 Million |
+0.43% |
| 2013-12-31 | CN¥459.06 Million ≈ $67.17 Million |
+1.81% |
| 2012-12-31 | CN¥450.88 Million ≈ $65.98 Million |
+2.35% |
| 2011-12-31 | CN¥440.52 Million ≈ $64.46 Million |
+8.55% |
| 2010-12-31 | CN¥405.84 Million ≈ $59.39 Million |
+11.95% |
| 2009-12-31 | CN¥362.51 Million ≈ $53.05 Million |
+229.08% |
| 2008-12-31 | CN¥110.16 Million ≈ $16.12 Million |
+30.89% |
| 2007-12-31 | CN¥84.16 Million ≈ $12.32 Million |
+117.36% |
| 2006-12-31 | CN¥-484.79 Million ≈ $-70.94 Million |
+17.44% |
| 2005-12-31 | CN¥-587.20 Million ≈ $-85.93 Million |
-14.57% |
| 2004-12-31 | CN¥-512.53 Million ≈ $-75.00 Million |
+0.21% |
| 2003-12-31 | CN¥-513.63 Million ≈ $-75.16 Million |
+1.47% |
| 2002-12-31 | CN¥-521.28 Million ≈ $-76.28 Million |
-303.95% |
| 2001-12-31 | CN¥255.59 Million ≈ $37.40 Million |
+48.14% |
| 2000-12-31 | CN¥172.54 Million ≈ $25.25 Million |
+749.99% |
| 1999-12-31 | CN¥20.30 Million ≈ $2.97 Million |
-77.45% |
| 1998-12-31 | CN¥90.01 Million ≈ $13.17 Million |
-7.30% |
| 1997-12-31 | CN¥97.10 Million ≈ $14.21 Million |
+11.37% |
| 1996-12-31 | CN¥87.19 Million ≈ $12.76 Million |
+13.13% |
| 1995-12-31 | CN¥77.07 Million ≈ $11.28 Million |
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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 |
|---|---|
|
BlackRock California Municipal Income Closed Fund
NYSE:BFZ
|
$330.10 Million |
|
Kogeneracja SA
WAR:KGN
|
$330.11 Million |
|
Jiangsu Huaxin New Material Co Ltd Class A
SHE:300717
|
$330.11 Million |
|
YUEXIU SERVICES GROUP LTD
F:5R9
|
$330.17 Million |
|
BIDV Securities JSC
VN:BSI
|
$330.01 Million |
|
Radiant Logistics Inc
NYSE MKT:RLGT
|
$329.99 Million |
|
El Pollo Loco Holdings Inc
NASDAQ:LOCO
|
$329.95 Million |
|
Huafang Co Ltd
SHG:600448
|
$329.94 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: 4.16x
- 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 22.74x to 4.16x 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¥23.20 | x |
| 1996-12-31 | CN¥1.15 | CN¥23.20 | x |
| 1997-12-31 | CN¥1.29 | CN¥23.20 | x |
| 1998-12-31 | CN¥1.19 | CN¥23.20 | x |
| 1999-12-31 | CN¥0.27 | CN¥23.20 | x |
| 2000-12-31 | CN¥2.20 | CN¥23.20 | x |
| 2001-12-31 | CN¥1.94 | CN¥23.20 | x |
| 2002-12-31 | CN¥-6.90 | CN¥23.20 | x |
| 2003-12-31 | CN¥-6.80 | CN¥23.20 | x |
| 2004-12-31 | CN¥-6.78 | CN¥23.20 | x |
| 2005-12-31 | CN¥-7.75 | CN¥23.20 | x |
| 2006-12-31 | CN¥-8.09 | CN¥23.20 | x |
| 2007-12-31 | CN¥1.19 | CN¥23.20 | x |
| 2008-12-31 | CN¥1.57 | CN¥23.20 | x |
| 2009-12-31 | CN¥4.23 | CN¥23.20 | x |
| 2010-12-31 | CN¥4.22 | CN¥23.20 | x |
| 2011-12-31 | CN¥4.57 | CN¥23.20 | x |
| 2012-12-31 | CN¥4.65 | CN¥23.20 | x |
| 2013-12-31 | CN¥4.72 | CN¥23.20 | x |
| 2014-12-31 | CN¥4.71 | CN¥23.20 | x |
| 2015-12-31 | CN¥4.53 | CN¥23.20 | x |
| 2016-12-31 | CN¥4.65 | CN¥23.20 | x |
| 2017-12-31 | CN¥4.90 | CN¥23.20 | x |
| 2018-12-31 | CN¥5.14 | CN¥23.20 | x |
| 2019-12-31 | CN¥5.19 | CN¥23.20 | x |
| 2020-12-31 | CN¥5.27 | CN¥23.20 | x |
| 2021-12-31 | CN¥5.40 | CN¥23.20 | x |
| 2022-12-31 | CN¥5.40 | CN¥23.20 | x |
| 2023-12-31 | CN¥5.51 | CN¥23.20 | x |
| 2024-12-31 | CN¥5.57 | CN¥23.20 | 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: $3,044,524,476
- Average return on equity (ROE) among peers: -4.99%
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 | $330.04 Million |
| Zhejiang Weixing Industrial Development Co Ltd (002003) | $4.40 Billion | 15.92% | 0.43x | $1.69 Billion |
| Fujian Septwolves Industry Co Ltd (002029) | $4.34 Billion | 12.93% | 0.28x | $1.16 Billion |
| Fujian SBS Zipper Science Tech (002098) | $1.04 Billion | 6.91% | 0.42x | $449.48 Million |
| Zhejiang Baoxiniao Garment Co Ltd (002154) | $2.79 Billion | 1.86% | 0.50x | $922.52 Million |
| Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) | $711.66 Million | -65.83% | 6.17x | $628.69 Million |
| Zhejiang Jiaxin Silk Corp Ltd (002404) | $2.14 Billion | 10.13% | 0.66x | $585.97 Million |
| Cedar Development Co Ltd (002485) | $1.95 Billion | -2.39% | 0.40x | $390.06 Million |
| Huasi Agricultural Development Co Ltd (002494) | $1.41 Billion | 6.72% | 0.52x | $346.73 Million |
| Zhejiang Semir Garment Co Ltd (002563) | $11.50 Billion | 7.01% | 0.49x | $2.41 Billion |
| Zhejiang Busen Garments Co Ltd (002569) | $162.66 Million | -43.19% | 0.82x | $300.08 Million |
About Sichuan Langsha Holding Ltd
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