Lushang Property Co Ltd

SHG:600223 China Real Estate - Development
Market Cap
$980.93 Million
CN¥7.20 Billion CNY
Market Cap Rank
#10797 Global
#2441 in China
Share Price
CN¥7.08
Change (1 day)
+0.71%
52-Week Range
CN¥7.02 - CN¥9.30
All Time High
CN¥17.98
Categories
Companies in China Real Estate - Development
About

Lushang Freda Pharmaceutical Co.,Ltd. engages in the production and sales of pharmaceuticals, raw materials, and additives in China. The company is involved in cosmetics and medicine businesses. It provides cleansers, lotions, creams, essences, masks, and other products. In addition, the company offers dermatology, orthopedics, ophthalmology, gynecology, and pediatrics, and accelerates project re… Read more

Lushang Property Co Ltd (600223) - Net Assets

Latest net assets as of September 2025: CN¥4.89 Billion CNY

Based on the latest financial reports, Lushang Property Co Ltd (600223) has net assets worth CN¥4.89 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¥5.83 Billion) and total liabilities (CN¥942.21 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¥4.89 Billion
% of Total Assets 83.84%
Annual Growth Rate 10.18%
5-Year Change -26.53%
10-Year Change 98.62%
Growth Volatility 36.2

Lushang Property Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Lushang Property 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 Lushang Property Co Ltd (1996–2024)

The table below shows the annual net assets of Lushang Property Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.79 Billion +2.31%
2023-12-31 CN¥4.68 Billion -15.93%
2022-12-31 CN¥5.57 Billion -14.35%
2021-12-31 CN¥6.50 Billion -0.27%
2020-12-31 CN¥6.52 Billion +38.80%
2019-12-31 CN¥4.70 Billion +62.54%
2018-12-31 CN¥2.89 Billion +10.23%
2017-12-31 CN¥2.62 Billion +2.80%
2016-12-31 CN¥2.55 Billion +5.75%
2015-12-31 CN¥2.41 Billion +7.04%
2014-12-31 CN¥2.25 Billion +11.26%
2013-12-31 CN¥2.02 Billion +16.90%
2012-12-31 CN¥1.73 Billion +23.40%
2011-12-31 CN¥1.40 Billion +21.96%
2010-12-31 CN¥1.15 Billion +66.03%
2009-12-31 CN¥692.95 Million +51.19%
2008-12-31 CN¥458.34 Million -32.79%
2007-12-31 CN¥681.96 Million -24.44%
2006-12-31 CN¥902.56 Million -47.64%
2005-12-31 CN¥1.72 Billion -7.26%
2004-12-31 CN¥1.86 Billion -2.20%
2003-12-31 CN¥1.90 Billion +7.85%
2002-12-31 CN¥1.76 Billion -2.52%
2001-12-31 CN¥1.81 Billion +9.04%
2000-12-31 CN¥1.66 Billion +3.44%
1999-12-31 CN¥1.60 Billion +117.18%
1998-12-31 CN¥738.11 Million +103.06%
1997-12-31 CN¥363.49 Million +14.64%
1996-12-31 CN¥317.08 Million --

Equity Component Analysis

This analysis shows how different components contribute to Lushang Property 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 9166.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.21 Billion 53.86%
Common Stock CN¥1.02 Billion 24.76%
Other Comprehensive Income CN¥252.56 Million 6.15%
Other Components CN¥624.83 Million 15.22%
Total Equity CN¥4.10 Billion 100.00%

Lushang Property Co Ltd Competitors by Market Cap

The table below lists competitors of Lushang Property Co Ltd ranked by their market capitalization.

Company Market Cap
BeiJing DaHao Technology Co Lt
SHG:603025
 		$448.48 Million
Ferroglobe PLC
NASDAQ:GSM
 		$448.57 Million
PT Jasa Marga (Persero) Tbk
PINK:PTJSF
 		$448.70 Million
Beijing WKW Automotive Parts Co Ltd
SHE:002662
 		$448.74 Million
Jilin Forest
SHG:600189
 		$448.42 Million
Metro AG vz. (Pref Shares)
XETRA:B4B3
 		$448.38 Million
Shanghai Koal Software Co Ltd
SHG:603232
 		$448.35 Million
Accolade, Inc.
NASDAQ:ACCD
 		$448.32 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,014,767,628 to 4,104,899,060, a change of 90,131,432 (2.2%).
  • Net income of 243,525,301 contributed positively to equity growth.
  • Dividend payments of 183,567,029 reduced retained earnings.
  • Other comprehensive income increased equity by 252,557,571.
  • Other factors decreased equity by 222,384,411.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥243.53 Million +5.93%
Dividends Paid CN¥183.57 Million -4.47%
Other Comprehensive Income CN¥252.56 Million +6.15%
Other Changes CN¥-222.38 Million -5.42%
Total Change CN¥- 2.24%

Book Value vs Market Value Analysis

This analysis compares Lushang Property 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: 1.75x
  • 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 11.99x to 1.75x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.59 CN¥7.08 x
1997-12-31 CN¥0.68 CN¥7.08 x
1998-12-31 CN¥1.37 CN¥7.08 x
1999-12-31 CN¥2.99 CN¥7.08 x
2000-12-31 CN¥2.96 CN¥7.08 x
2001-12-31 CN¥3.22 CN¥7.08 x
2002-12-31 CN¥2.91 CN¥7.08 x
2003-12-31 CN¥3.10 CN¥7.08 x
2004-12-31 CN¥2.99 CN¥7.08 x
2005-12-31 CN¥2.76 CN¥7.08 x
2006-12-31 CN¥1.51 CN¥7.08 x
2007-12-31 CN¥0.54 CN¥7.08 x
2008-12-31 CN¥0.38 CN¥7.08 x
2009-12-31 CN¥0.64 CN¥7.08 x
2010-12-31 CN¥1.08 CN¥7.08 x
2011-12-31 CN¥1.29 CN¥7.08 x
2012-12-31 CN¥1.58 CN¥7.08 x
2013-12-31 CN¥1.80 CN¥7.08 x
2014-12-31 CN¥2.06 CN¥7.08 x
2015-12-31 CN¥2.09 CN¥7.08 x
2016-12-31 CN¥2.17 CN¥7.08 x
2017-12-31 CN¥2.37 CN¥7.08 x
2018-12-31 CN¥2.41 CN¥7.08 x
2019-12-31 CN¥2.74 CN¥7.08 x
2020-12-31 CN¥4.02 CN¥7.08 x
2021-12-31 CN¥4.57 CN¥7.08 x
2022-12-31 CN¥3.27 CN¥7.08 x
2023-12-31 CN¥3.97 CN¥7.08 x
2024-12-31 CN¥4.05 CN¥7.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lushang Property 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): 5.93%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.11%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 1.46x
  • Recent ROE (5.93%) is above the historical average (4.47%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 8.38% 19.09% 0.33x 1.34x CN¥-5.14 Million
1997 12.77% 21.67% 0.46x 1.28x CN¥10.06 Million
1998 8.16% 21.71% 0.31x 1.20x CN¥-13.56 Million
1999 8.48% 23.88% 0.32x 1.11x CN¥-24.38 Million
2000 9.15% 19.07% 0.35x 1.37x CN¥-13.53 Million
2001 8.09% 13.93% 0.40x 1.47x CN¥-32.94 Million
2002 6.30% 8.68% 0.39x 1.86x CN¥-57.78 Million
2003 6.08% 4.77% 0.53x 2.40x CN¥-65.22 Million
2004 1.34% 0.88% 0.58x 2.62x CN¥-138.82 Million
2005 -8.17% -5.58% 0.47x 3.10x CN¥-269.31 Million
2006 -95.51% -62.39% 0.29x 5.22x CN¥-854.27 Million
2007 4.07% 1.75% 0.33x 7.04x CN¥-33.11 Million
2008 -79.38% -11.80% 0.54x 12.57x CN¥-341.82 Million
2009 68.65% 17.57% 0.35x 11.31x CN¥375.36 Million
2010 40.79% 14.61% 0.27x 10.30x CN¥332.88 Million
2011 17.83% 10.72% 0.12x 13.40x CN¥103.06 Million
2012 15.79% 6.71% 0.17x 13.80x CN¥90.38 Million
2013 14.41% 4.97% 0.19x 14.95x CN¥80.51 Million
2014 10.20% 3.63% 0.18x 15.23x CN¥4.05 Million
2015 5.27% 1.92% 0.17x 16.27x CN¥-101.13 Million
2016 4.15% 1.21% 0.18x 19.10x CN¥-130.25 Million
2017 5.49% 1.55% 0.19x 18.61x CN¥-105.09 Million
2018 6.65% 1.84% 0.18x 20.06x CN¥-81.66 Million
2019 12.56% 3.35% 0.18x 20.43x CN¥70.29 Million
2020 15.65% 4.69% 0.22x 15.07x CN¥230.66 Million
2021 7.66% 2.93% 0.20x 12.99x CN¥-110.81 Million
2022 1.22% 0.35% 0.22x 15.73x CN¥-326.22 Million
2023 7.56% 6.63% 0.59x 1.95x CN¥-98.09 Million
2024 5.93% 6.11% 0.66x 1.46x CN¥-166.96 Million

Industry Comparison

This section compares Lushang Property Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lushang Property Co Ltd (600223) CN¥4.89 Billion 8.38% 0.19x $448.47 Million
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million