Liuzhou Liangmianzhen Co Ltd
Liuzhou Liangmianzhen Co., Ltd. produces and sells oral care and personal care products, hotel daily necessities, and pharmaceutical products in China and internationally. It offers toothpaste, toothbrush, mouthwash, laundry detergents, kitchen and bathroom cleaner, body and hair care, travel suit, and other products. The company produces and sells medicines, including tablets, capsules, granules… Read more
Liuzhou Liangmianzhen Co Ltd (600249) - Net Assets
Latest net assets as of September 2025: CN¥2.19 Billion CNY
Based on the latest financial reports, Liuzhou Liangmianzhen Co Ltd (600249) has net assets worth CN¥2.19 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¥2.77 Billion) and total liabilities (CN¥578.12 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¥2.19 Billion |
| % of Total Assets | 79.12% |
| Annual Growth Rate | 8.21% |
| 5-Year Change | 2.88% |
| 10-Year Change | -0.75% |
| Growth Volatility | 81.49 |
Liuzhou Liangmianzhen Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Liuzhou Liangmianzhen 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 Liuzhou Liangmianzhen Co Ltd (2000–2024)
The table below shows the annual net assets of Liuzhou Liangmianzhen Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.18 Billion | +3.12% |
| 2023-12-31 | CN¥2.12 Billion | +1.18% |
| 2022-12-31 | CN¥2.09 Billion | -1.81% |
| 2021-12-31 | CN¥2.13 Billion | +0.42% |
| 2020-12-31 | CN¥2.12 Billion | +2.86% |
| 2019-12-31 | CN¥2.06 Billion | +22.86% |
| 2018-12-31 | CN¥1.68 Billion | -4.49% |
| 2017-12-31 | CN¥1.76 Billion | -12.66% |
| 2016-12-31 | CN¥2.01 Billion | -8.48% |
| 2015-12-31 | CN¥2.20 Billion | -3.85% |
| 2014-12-31 | CN¥2.29 Billion | +16.25% |
| 2013-12-31 | CN¥1.97 Billion | -7.60% |
| 2012-12-31 | CN¥2.13 Billion | +5.39% |
| 2011-12-31 | CN¥2.02 Billion | -15.15% |
| 2010-12-31 | CN¥2.38 Billion | -24.08% |
| 2009-12-31 | CN¥3.14 Billion | +31.12% |
| 2008-12-31 | CN¥2.39 Billion | -39.15% |
| 2007-12-31 | CN¥3.93 Billion | +382.81% |
| 2006-12-31 | CN¥813.99 Million | -23.42% |
| 2005-12-31 | CN¥1.06 Billion | -3.48% |
| 2004-12-31 | CN¥1.10 Billion | +131.45% |
| 2003-12-31 | CN¥475.80 Million | +16.58% |
| 2002-12-31 | CN¥408.15 Million | +4.54% |
| 2001-12-31 | CN¥390.43 Million | +18.79% |
| 2000-12-31 | CN¥328.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Liuzhou Liangmianzhen 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 3715.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥206.21 Million | 9.44% |
| Common Stock | CN¥550.00 Million | 25.18% |
| Other Components | CN¥1.43 Billion | 65.38% |
| Total Equity | CN¥2.18 Billion | 100.00% |
Liuzhou Liangmianzhen Co Ltd Competitors by Market Cap
The table below lists competitors of Liuzhou Liangmianzhen Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
|
$274.67 Million |
|
Contineum Therapeutics, Inc. Class A Common Stock
NASDAQ:CTNM
|
$274.76 Million |
|
E&R Engineering
TWO:8027
|
$274.88 Million |
|
International Personal Finance plc
PINK:IPFPF
|
$274.99 Million |
|
Dong Fang Offshore Co., Ltd.
TW:7786
|
$274.56 Million |
|
Real Matters Inc
PINK:RLLMF
|
$274.55 Million |
|
Rejlerkoncernen AB
F:3RE
|
$274.54 Million |
|
Dayang Enterprise Holdings Bhd
KLSE:5141
|
$274.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liuzhou Liangmianzhen Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,119,850,332 to 2,184,449,148, a change of 64,598,816 (3.0%).
- Net income of 81,098,815 contributed positively to equity growth.
- Dividend payments of 18,758,341 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.10 Million | +3.71% |
| Dividends Paid | CN¥18.76 Million | -0.86% |
| Other Changes | CN¥2.26 Million | +0.1% |
| Total Change | CN¥- | 3.05% |
Book Value vs Market Value Analysis
This analysis compares Liuzhou Liangmianzhen 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: 1.48x
- 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 9.11x to 1.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.64 | CN¥5.86 | x |
| 2001-12-31 | CN¥0.78 | CN¥5.86 | x |
| 2002-12-31 | CN¥0.81 | CN¥5.86 | x |
| 2003-12-31 | CN¥0.96 | CN¥5.86 | x |
| 2004-12-31 | CN¥2.32 | CN¥5.86 | x |
| 2005-12-31 | CN¥2.29 | CN¥5.86 | x |
| 2006-12-31 | CN¥1.69 | CN¥5.86 | x |
| 2007-12-31 | CN¥8.40 | CN¥5.86 | x |
| 2008-12-31 | CN¥4.94 | CN¥5.86 | x |
| 2009-12-31 | CN¥6.58 | CN¥5.86 | x |
| 2010-12-31 | CN¥4.91 | CN¥5.86 | x |
| 2011-12-31 | CN¥4.13 | CN¥5.86 | x |
| 2012-12-31 | CN¥4.32 | CN¥5.86 | x |
| 2013-12-31 | CN¥3.97 | CN¥5.86 | x |
| 2014-12-31 | CN¥4.81 | CN¥5.86 | x |
| 2015-12-31 | CN¥3.94 | CN¥5.86 | x |
| 2016-12-31 | CN¥3.68 | CN¥5.86 | x |
| 2017-12-31 | CN¥3.38 | CN¥5.86 | x |
| 2018-12-31 | CN¥3.27 | CN¥5.86 | x |
| 2019-12-31 | CN¥3.76 | CN¥5.86 | x |
| 2020-12-31 | CN¥3.87 | CN¥5.86 | x |
| 2021-12-31 | CN¥3.88 | CN¥5.86 | x |
| 2022-12-31 | CN¥3.81 | CN¥5.86 | x |
| 2023-12-31 | CN¥3.86 | CN¥5.86 | x |
| 2024-12-31 | CN¥3.97 | CN¥5.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liuzhou Liangmianzhen 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): 3.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.70%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.25x
- Recent ROE (3.71%) is above the historical average (3.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 13.20% | 9.08% | 0.59x | 2.46x | CN¥9.04 Million |
| 2001 | 18.74% | 12.29% | 0.68x | 2.24x | CN¥29.88 Million |
| 2002 | 14.42% | 8.97% | 0.77x | 2.10x | CN¥15.78 Million |
| 2003 | 9.75% | 6.99% | 0.73x | 1.91x | CN¥-1.05 Million |
| 2004 | 3.97% | 7.14% | 0.38x | 1.46x | CN¥-61.55 Million |
| 2005 | 1.06% | 1.98% | 0.40x | 1.35x | CN¥-89.84 Million |
| 2006 | 4.21% | 7.93% | 0.36x | 1.47x | CN¥-44.07 Million |
| 2007 | 16.65% | 146.42% | 0.09x | 1.26x | CN¥251.35 Million |
| 2008 | 0.56% | 2.18% | 0.20x | 1.30x | CN¥-209.88 Million |
| 2009 | 0.56% | 2.34% | 0.17x | 1.38x | CN¥-278.94 Million |
| 2010 | 0.49% | 1.16% | 0.28x | 1.50x | CN¥-209.65 Million |
| 2011 | 0.84% | 1.40% | 0.35x | 1.71x | CN¥-170.14 Million |
| 2012 | 0.72% | 1.14% | 0.38x | 1.67x | CN¥-180.12 Million |
| 2013 | 0.56% | 0.85% | 0.36x | 1.81x | CN¥-169.08 Million |
| 2014 | 1.01% | 1.85% | 0.29x | 1.90x | CN¥-194.66 Million |
| 2015 | -8.11% | -12.80% | 0.34x | 1.86x | CN¥-386.78 Million |
| 2016 | 1.36% | 1.72% | 0.48x | 1.65x | CN¥-171.33 Million |
| 2017 | -7.74% | -9.78% | 0.54x | 1.45x | CN¥-330.15 Million |
| 2018 | 1.21% | 1.74% | 0.49x | 1.41x | CN¥-157.93 Million |
| 2019 | -3.96% | -6.90% | 0.44x | 1.30x | CN¥-288.75 Million |
| 2020 | 2.73% | 8.47% | 0.27x | 1.20x | CN¥-154.68 Million |
| 2021 | 0.41% | 1.21% | 0.28x | 1.18x | CN¥-204.91 Million |
| 2022 | -1.84% | -5.77% | 0.27x | 1.18x | CN¥-248.35 Million |
| 2023 | 1.08% | 2.29% | 0.38x | 1.24x | CN¥-189.18 Million |
| 2024 | 3.71% | 7.70% | 0.39x | 1.25x | CN¥-137.35 Million |
Industry Comparison
This section compares Liuzhou Liangmianzhen Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,143,263,014
- Average return on equity (ROE) among peers: 10.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liuzhou Liangmianzhen Co Ltd (600249) | CN¥2.19 Billion | 13.20% | 0.26x | $274.59 Million |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $104.40 Million | 15.81% | 1.73x | $544.84 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $1.73 Billion | 6.61% | 0.14x | $227.82 Million |
| Hunan Resun Co Ltd (001218) | $905.44 Million | 24.55% | 0.67x | $278.75 Million |
| Dencare (Chongqing) Oral Care Co. Ltd. A (001328) | $542.28 Million | 24.82% | 0.88x | $209.36 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $1.92 Billion | 9.63% | 0.50x | $502.87 Million |
| C&S Paper Co Ltd (002511) | $2.28 Billion | 5.08% | 0.97x | $746.47 Million |
| Anhui Deli Household Glass Co Ltd (002571) | $1.41 Billion | -9.08% | 0.25x | $335.13 Million |
| Mingchen Health Co Ltd Class A (002919) | $739.25 Million | 3.43% | 0.68x | $467.92 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $359.21 Million | 16.81% | 0.32x | $504.23 Million |
| Chengdu Rainbow Appliance Gr (003023) | $1.44 Billion | 6.57% | 0.37x | $163.63 Million |