Luenmei Quantum Co Ltd

SHG:600167 China Utilities - Regulated Electric
Market Cap
$2.08 Billion
CN¥15.30 Billion CNY
Market Cap Rank
#12655 Global
#3167 in China
Share Price
CN¥6.76
Change (1 day)
-1.31%
52-Week Range
CN¥5.27 - CN¥10.56
All Time High
CN¥20.19
About

Luenmei Quantum Co.,Ltd engages in the provision of comprehensive energy services in China. It also offers clean heating services through thermoelectric integrated generation; energy services for industrial parks, and large and medium-sized public buildings; and distributed heating/cooling services. In addition, the company provides management services of heating and cooling for urban residents, … Read more

Luenmei Quantum Co Ltd (600167) - Net Assets

Latest net assets as of September 2025: CN¥11.67 Billion CNY

Based on the latest financial reports, Luenmei Quantum Co Ltd (600167) has net assets worth CN¥11.67 Billion 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¥16.03 Billion) and total liabilities (CN¥4.37 Billion). 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¥11.67 Billion
% of Total Assets 72.76%
Annual Growth Rate 21.96%
5-Year Change 28.17%
10-Year Change 895.71%
Growth Volatility 60.66

Luenmei Quantum Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Luenmei Quantum Co 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 Luenmei Quantum Co Ltd (1995–2024)

The table below shows the annual net assets of Luenmei Quantum Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥11.62 Billion -2.26%
2023-12-31 CN¥11.89 Billion +2.85%
2022-12-31 CN¥11.56 Billion +28.96%
2021-12-31 CN¥8.97 Billion -1.13%
2020-12-31 CN¥9.07 Billion +16.09%
2019-12-31 CN¥7.81 Billion +26.15%
2018-12-31 CN¥6.19 Billion -13.50%
2017-12-31 CN¥7.16 Billion +185.22%
2016-12-31 CN¥2.51 Billion +115.01%
2015-12-31 CN¥1.17 Billion +17.83%
2014-12-31 CN¥990.81 Million +13.86%
2013-12-31 CN¥870.21 Million +13.71%
2012-12-31 CN¥765.32 Million +16.81%
2011-12-31 CN¥655.17 Million +14.35%
2010-12-31 CN¥572.96 Million +10.74%
2009-12-31 CN¥517.41 Million +9.77%
2008-12-31 CN¥471.35 Million +2.83%
2007-12-31 CN¥458.38 Million +3.44%
2006-12-31 CN¥443.14 Million +0.38%
2005-12-31 CN¥441.47 Million -4.32%
2004-12-31 CN¥461.40 Million +14.09%
2003-12-31 CN¥404.43 Million +4.66%
2002-12-31 CN¥386.43 Million +6.37%
2001-12-31 CN¥363.29 Million -22.33%
2000-12-31 CN¥467.74 Million -18.95%
1999-12-31 CN¥577.07 Million +166.47%
1998-12-31 CN¥216.56 Million +78.12%
1997-12-31 CN¥121.58 Million +2.67%
1996-12-31 CN¥118.42 Million +222.19%
1995-12-31 CN¥36.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to Luenmei Quantum 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 612722556200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.13 Billion 56.80%
Common Stock CN¥2.29 Billion 21.21%
Other Components CN¥2.37 Billion 21.99%
Total Equity CN¥10.79 Billion 100.00%

Luenmei Quantum Co Ltd Competitors by Market Cap

The table below lists competitors of Luenmei Quantum Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 11,035,324,920 to 10,787,100,614, a change of -248,224,306 (-2.2%).
  • Net income of 659,018,261 contributed positively to equity growth.
  • Dividend payments of 763,907,997 reduced retained earnings.
  • Share repurchases of 194,978,552 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥659.02 Million +6.11%
Dividends Paid CN¥763.91 Million -7.08%
Share Repurchases CN¥194.98 Million -1.81%
Other Changes CN¥51.64 Million +0.48%
Total Change CN¥- -2.25%

Book Value vs Market Value Analysis

This analysis compares Luenmei Quantum 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: 1.41x
  • 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 125.95x to 1.41x 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¥0.05 CN¥6.76 x
1996-12-31 CN¥0.21 CN¥6.76 x
1997-12-31 CN¥0.21 CN¥6.76 x
1998-12-31 CN¥0.40 CN¥6.76 x
1999-12-31 CN¥1.13 CN¥6.76 x
2000-12-31 CN¥0.91 CN¥6.76 x
2001-12-31 CN¥0.73 CN¥6.76 x
2002-12-31 CN¥0.78 CN¥6.76 x
2003-12-31 CN¥0.82 CN¥6.76 x
2004-12-31 CN¥0.93 CN¥6.76 x
2005-12-31 CN¥0.89 CN¥6.76 x
2006-12-31 CN¥0.89 CN¥6.76 x
2007-12-31 CN¥0.83 CN¥6.76 x
2008-12-31 CN¥0.85 CN¥6.76 x
2009-12-31 CN¥0.94 CN¥6.76 x
2010-12-31 CN¥1.04 CN¥6.76 x
2011-12-31 CN¥1.19 CN¥6.76 x
2012-12-31 CN¥1.39 CN¥6.76 x
2013-12-31 CN¥1.58 CN¥6.76 x
2014-12-31 CN¥1.80 CN¥6.76 x
2015-12-31 CN¥0.66 CN¥6.76 x
2016-12-31 CN¥1.40 CN¥6.76 x
2017-12-31 CN¥3.43 CN¥6.76 x
2018-12-31 CN¥2.67 CN¥6.76 x
2019-12-31 CN¥3.30 CN¥6.76 x
2020-12-31 CN¥3.84 CN¥6.76 x
2021-12-31 CN¥3.85 CN¥6.76 x
2022-12-31 CN¥4.67 CN¥6.76 x
2023-12-31 CN¥4.88 CN¥6.76 x
2024-12-31 CN¥4.80 CN¥6.76 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Luenmei Quantum 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): 6.11%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.78%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.60x
  • Recent ROE (6.11%) is below the historical average (10.37%), 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 8.94% 1.87% 1.22x 3.91x CN¥-282.20K
1996 10.42% 5.07% 0.93x 2.22x CN¥441.89K
1997 13.83% 4.82% 0.80x 3.61x CN¥4.00 Million
1998 11.58% 6.17% 0.74x 2.54x CN¥3.14 Million
1999 -3.94% -8.61% 0.31x 1.46x CN¥-78.20 Million
2000 -14.06% -21.93% 0.41x 1.57x CN¥-108.14 Million
2001 0.60% 1.97% 0.19x 1.62x CN¥-34.13 Million
2002 5.86% 18.56% 0.18x 1.73x CN¥-15.97 Million
2003 4.34% 16.96% 0.12x 2.12x CN¥-22.88 Million
2004 11.94% 16.54% 0.38x 1.88x CN¥8.95 Million
2005 -3.00% -13.14% 0.13x 1.81x CN¥-57.07 Million
2006 0.77% 2.42% 0.18x 1.80x CN¥-40.69 Million
2007 3.38% 9.78% 0.18x 1.92x CN¥-30.17 Million
2008 3.17% 7.52% 0.20x 2.13x CN¥-32.02 Million
2009 8.95% 19.29% 0.19x 2.47x CN¥-5.42 Million
2010 9.89% 19.02% 0.20x 2.67x CN¥-623.84K
2011 12.58% 21.01% 0.21x 2.79x CN¥16.87 Million
2012 14.43% 22.31% 0.22x 2.94x CN¥33.80 Million
2013 15.97% 23.83% 0.21x 3.12x CN¥51.85 Million
2014 16.46% 24.61% 0.23x 2.93x CN¥63.90 Million
2015 39.40% 26.04% 0.55x 2.77x CN¥342.66 Million
2016 28.17% 34.19% 0.32x 2.62x CN¥450.84 Million
2017 14.75% 38.60% 0.24x 1.57x CN¥337.22 Million
2018 21.56% 43.36% 0.28x 1.80x CN¥706.14 Million
2019 21.05% 46.86% 0.28x 1.60x CN¥835.32 Million
2020 19.20% 46.84% 0.26x 1.58x CN¥807.83 Million
2021 11.99% 30.17% 0.26x 1.55x CN¥173.97 Million
2022 8.94% 27.40% 0.21x 1.58x CN¥-111.57 Million
2023 7.78% 25.18% 0.19x 1.60x CN¥-244.48 Million
2024 6.11% 18.78% 0.20x 1.60x CN¥-419.69 Million

Industry Comparison

This section compares Luenmei Quantum Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

  • Industry: Utilities - Regulated Electric
  • Average net assets among peers: $2,914,861,497
  • Average return on equity (ROE) among peers: 6.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Luenmei Quantum Co Ltd (600167) CN¥11.67 Billion 8.94% 0.37x $310.32 Million
Shenzhen Energy Group Co Ltd (000027) $8.19 Billion 8.94% 0.37x $1.14 Billion
Shenzhen Nanshan Power Co Ltd (000037) $606.17 Million 19.16% 0.66x $463.41 Million
Guangzhou Hengyun Enterprises Holding Ltd (000531) $425.31 Million 6.99% 1.07x $362.93 Million
An Hui Wenergy Co Ltd (000543) $2.32 Billion 7.87% 0.16x $1.11 Billion
Jointo Energy Investment Co Ltd Hebei (000600) $875.38 Million 4.87% 2.31x $810.91 Million
Guangdong Shaoneng Group Co Ltd (000601) $2.77 Billion 3.03% 1.64x $561.99 Million
Tianjin Binhai Energy & Development Co Ltd (000695) $345.13 Million 0.89% 2.45x $262.05 Million
Shanxi Zhangze Electric Power Co Ltd (000767) $1.84 Billion 11.37% 1.54x $768.72 Million
Jilin Power Share Co Ltd (000875) $10.34 Billion 1.11% 2.84x $2.25 Billion
Jiangxi Ganneng Co Ltd (000899) $1.43 Billion 2.70% 0.12x $507.45 Million