Liuzhou Liangmianzhen Co Ltd (600249) - Net Assets

Latest as of March 2026: CN¥2.14 Billion CNY ≈ $312.84 Million USD

Based on the latest financial reports, Liuzhou Liangmianzhen Co Ltd (600249) has net assets worth CN¥2.14 Billion CNY (≈ $312.84 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.64 Billion ≈ $385.97 Million USD) and total liabilities (CN¥499.80 Million ≈ $73.14 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 600249 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.14 Billion
% of Total Assets	81.05%
Annual Growth Rate	7.87%
5-Year Change	2.52%
10-Year Change	8.54%
Growth Volatility	79.94

Liuzhou Liangmianzhen Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Liuzhou Liangmianzhen Co Ltd's net assets have evolved over time, based on quarterly financial data. See Liuzhou Liangmianzhen Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Liuzhou Liangmianzhen Co Ltd (2000–2025)

The table below shows the annual net assets of Liuzhou Liangmianzhen Co Ltd from 2000 to 2025. For live valuation and market cap data, see how much is Liuzhou Liangmianzhen Co Ltd worth.

Year	Net Assets	Change
2025-12-31	CN¥2.18 Billion ≈ $319.58 Million	+0.08%
2024-12-31	CN¥2.18 Billion ≈ $319.33 Million	+3.12%
2023-12-31	CN¥2.12 Billion ≈ $309.67 Million	+1.18%
2022-12-31	CN¥2.09 Billion ≈ $306.06 Million	-1.81%
2021-12-31	CN¥2.13 Billion ≈ $311.72 Million	+0.42%
2020-12-31	CN¥2.12 Billion ≈ $310.41 Million	+2.86%
2019-12-31	CN¥2.06 Billion ≈ $301.78 Million	+22.86%
2018-12-31	CN¥1.68 Billion ≈ $245.64 Million	-4.49%
2017-12-31	CN¥1.76 Billion ≈ $257.17 Million	-12.66%
2016-12-31	CN¥2.01 Billion ≈ $294.45 Million	-8.48%
2015-12-31	CN¥2.20 Billion ≈ $321.74 Million	-3.85%
2014-12-31	CN¥2.29 Billion ≈ $334.61 Million	+16.25%
2013-12-31	CN¥1.97 Billion ≈ $287.84 Million	-7.60%
2012-12-31	CN¥2.13 Billion ≈ $311.53 Million	+5.39%
2011-12-31	CN¥2.02 Billion ≈ $295.60 Million	-15.15%
2010-12-31	CN¥2.38 Billion ≈ $348.38 Million	-24.08%
2009-12-31	CN¥3.14 Billion ≈ $458.89 Million	+31.12%
2008-12-31	CN¥2.39 Billion ≈ $349.97 Million	-39.15%
2007-12-31	CN¥3.93 Billion ≈ $575.09 Million	+382.81%
2006-12-31	CN¥813.99 Million ≈ $119.11 Million	-23.42%
2005-12-31	CN¥1.06 Billion ≈ $155.55 Million	-3.48%
2004-12-31	CN¥1.10 Billion ≈ $161.15 Million	+131.45%
2003-12-31	CN¥475.80 Million ≈ $69.63 Million	+16.58%
2002-12-31	CN¥408.15 Million ≈ $59.73 Million	+4.54%
2001-12-31	CN¥390.43 Million ≈ $57.13 Million	+18.79%
2000-12-31	CN¥328.68 Million ≈ $48.10 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 3591.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥199.55 Million	9.16%
Common Stock	CN¥550.00 Million	25.25%
Other Comprehensive Income	CN¥243.71 Million	11.19%
Other Components	CN¥1.18 Billion	54.39%
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
Novavest Real Estate Ag SW:NREN	$401.75 Million
Autolus Therapeutics Ltd NASDAQ:AUTL	$401.88 Million
XiAn Dagang Road Machinery Co SHE:300103	$402.01 Million
Bank7 Corp NASDAQ:BSVN	$402.10 Million
CIMB Thai Bank Public Company Limited BK:CIMBT	$401.59 Million
Concrete Pumping Holdings Class A NASDAQ:BBCP	$401.56 Million
Dalian Zhiyun Automation Co Ltd SHE:300097	$401.55 Million
LX Holdings Corp KO:383800	$401.42 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 2024 to 2025, total equity changed from 2,184,449,148 to 2,177,795,295, a change of -6,653,853 (-0.3%).
Net income of 9,846,147 contributed positively to equity growth.
Dividend payments of 16,500,000 reduced retained earnings.
Other comprehensive income increased equity by 243,706,910.
Other factors decreased equity by 243,706,910.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥9.85 Million	+0.45%
Dividends Paid	CN¥16.50 Million	-0.76%
Other Comprehensive Income	CN¥243.71 Million	+11.19%
Other Changes	CN¥-243.71 Million	-11.19%
Total Change	CN¥-	-0.30%

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: 1.26x
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 7.76x to 1.26x 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¥4.99	x
2001-12-31	CN¥0.78	CN¥4.99	x
2002-12-31	CN¥0.81	CN¥4.99	x
2003-12-31	CN¥0.96	CN¥4.99	x
2004-12-31	CN¥2.32	CN¥4.99	x
2005-12-31	CN¥2.29	CN¥4.99	x
2006-12-31	CN¥1.69	CN¥4.99	x
2007-12-31	CN¥8.40	CN¥4.99	x
2008-12-31	CN¥4.94	CN¥4.99	x
2009-12-31	CN¥6.58	CN¥4.99	x
2010-12-31	CN¥4.91	CN¥4.99	x
2011-12-31	CN¥4.13	CN¥4.99	x
2012-12-31	CN¥4.31	CN¥4.99	x
2013-12-31	CN¥3.97	CN¥4.99	x
2014-12-31	CN¥4.81	CN¥4.99	x
2015-12-31	CN¥3.94	CN¥4.99	x
2016-12-31	CN¥3.68	CN¥4.99	x
2017-12-31	CN¥3.38	CN¥4.99	x
2018-12-31	CN¥3.27	CN¥4.99	x
2019-12-31	CN¥3.76	CN¥4.99	x
2020-12-31	CN¥3.87	CN¥4.99	x
2021-12-31	CN¥3.87	CN¥4.99	x
2022-12-31	CN¥3.81	CN¥4.99	x
2023-12-31	CN¥3.86	CN¥4.99	x
2024-12-31	CN¥3.97	CN¥4.99	x
2025-12-31	CN¥3.96	CN¥4.99	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): 0.45%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.93%
• Asset Turnover: 0.39x
• Equity Multiplier: 1.25x
Recent ROE (0.45%) is below the historical average (2.98%), suggesting potential challenges in 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	0.86%	1.37%	0.38x	1.67x	CN¥-177.34 Million
2013	0.49%	0.74%	0.36x	1.81x	CN¥-170.48 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	-2.60%	-4.53%	0.44x	1.30x	CN¥-260.66 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¥-248.29 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
2025	0.45%	0.93%	0.39x	1.25x	CN¥-207.93 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: $1,265,285,424
Average return on equity (ROE) among peers: 11.41%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Liuzhou Liangmianzhen Co Ltd (600249)	CN¥2.14 Billion	13.20%	0.23x	$401.61 Million
Lonkey Industrial Co Ltd Guangzhou (000523)	$476.21 Million	3.16%	0.96x	$743.99 Million
Tianjin Yiyi Hygiene Products Co Ltd (001206)	$1.77 Billion	5.83%	0.12x	$452.64 Million
Hunan Resun Co Ltd (001218)	$905.44 Million	24.55%	0.67x	$469.75 Million
Qingdao Kingking Applied Chemistry Co Ltd (002094)	$459.68 Million	4.30%	0.72x	$471.13 Million
C&S Paper Co Ltd (002511)	$5.48 Billion	6.07%	0.74x	$1.29 Billion
Anhui Deli Household Glass Co Ltd (002571)	$1.52 Billion	-4.12%	0.47x	$622.30 Million
Mingchen Health Co Ltd Class A (002919)	$229.96 Million	18.92%	1.06x	$766.42 Million
Chongqing Baiya Sanitary Products Co (003006)	$312.82 Million	21.45%	0.44x	$931.12 Million
Chengdu Rainbow Appliance Gr (003023)	$1.44 Billion	6.57%	0.37x	$336.35 Million
Fujian Green Pine Co Ltd (300132)	$54.40 Million	27.37%	2.27x	$452.80 Million

About Liuzhou Liangmianzhen Co Ltd

SHG:600249 China Household & Personal Products

Market Cap

$401.61 Million

CN¥2.74 Billion CNY

Market Cap Rank

#13507 Global

#4042 in China

Share Price

CN¥4.99

Change (1 day)

-2.16%

52-Week Range

CN¥4.99 - CN¥7.14

All Time High

CN¥12.81