Luenmei Quantum Co Ltd
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.
| Company | Market Cap |
|---|---|
|
Allgens Medical Technology Co. Ltd. A
SHG:688613
|
$310.34 Million |
|
Cembre S.p.A. Ord
LSE:0DXU
|
$310.46 Million |
|
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
SHG:688323
|
$310.50 Million |
|
Solid Biosciences LLC
NASDAQ:SLDB
|
$310.51 Million |
|
secunet Security Networks Aktiengesellschaft
F:YSN
|
$310.29 Million |
|
Dermapharm Holding SE
PINK:DMPHF
|
$310.27 Million |
|
MICROVAST HOLD. DL-0001
F:2OZA
|
$310.20 Million |
|
Mrs. Bectors Food Specialities Limited
NSE:BECTORFOOD
|
$310.10 Million |
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 |