Lingyun Ind

SHG:600480 China Auto Parts
Market Cap
$1.79 Billion
CN¥13.16 Billion CNY
Market Cap Rank
#7640 Global
#1340 in China
Share Price
CN¥10.77
Change (1 day)
-1.19%
52-Week Range
CN¥10.77 - CN¥19.08
All Time High
CN¥19.08
Categories
Companies in China Auto Parts
About

Ling Yun Industrial Corporation Limited engages in the production and sale of automotive plastic, and plastic piping systems in China. It also offers battery case, fusion fittings, winding pipe, decorative seals, front and rear shaft, front, and rear bumper beams, nylon pipe, cab suspension system, side door anti-collision beam, and body stamping welding parts. The company was formerly known as L… Read more

Lingyun Ind (600480) - Net Assets

Latest net assets as of September 2025: CN¥10.08 Billion CNY

Based on the latest financial reports, Lingyun Ind (600480) has net assets worth CN¥10.08 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¥20.22 Billion) and total liabilities (CN¥10.15 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¥10.08 Billion
% of Total Assets 49.82%
Annual Growth Rate 16.74%
5-Year Change 41.32%
10-Year Change 121.31%
Growth Volatility 26.35

Lingyun Ind - Net Assets Trend (2000–2024)

This chart illustrates how Lingyun Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Lingyun Ind (2000–2024)

The table below shows the annual net assets of Lingyun Ind from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.65 Billion +6.44%
2023-12-31 CN¥9.06 Billion +7.15%
2022-12-31 CN¥8.46 Billion +26.88%
2021-12-31 CN¥6.67 Billion -2.34%
2020-12-31 CN¥6.83 Billion +4.16%
2019-12-31 CN¥6.55 Billion +13.40%
2018-12-31 CN¥5.78 Billion +8.07%
2017-12-31 CN¥5.35 Billion +11.07%
2016-12-31 CN¥4.82 Billion +10.46%
2015-12-31 CN¥4.36 Billion +48.74%
2014-12-31 CN¥2.93 Billion +7.35%
2013-12-31 CN¥2.73 Billion +6.73%
2012-12-31 CN¥2.56 Billion +0.08%
2011-12-31 CN¥2.56 Billion +4.37%
2010-12-31 CN¥2.45 Billion +78.32%
2009-12-31 CN¥1.37 Billion +24.85%
2008-12-31 CN¥1.10 Billion +14.22%
2007-12-31 CN¥963.08 Million +14.61%
2006-12-31 CN¥840.29 Million +14.07%
2005-12-31 CN¥736.66 Million +2.71%
2004-12-31 CN¥717.25 Million +20.43%
2003-12-31 CN¥595.59 Million +116.37%
2002-12-31 CN¥275.26 Million +7.72%
2001-12-31 CN¥255.53 Million +8.67%
2000-12-31 CN¥235.15 Million --

Equity Component Analysis

This analysis shows how different components contribute to Lingyun Ind'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 271534031644.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.71 Billion 36.35%
Common Stock CN¥940.50 Million 12.59%
Other Comprehensive Income CN¥381.78 Million 5.11%
Other Components CN¥3.43 Billion 45.95%
Total Equity CN¥7.47 Billion 100.00%

Lingyun Ind Competitors by Market Cap

The table below lists competitors of Lingyun Ind ranked by their market capitalization.

Company Market Cap
Uxi Unicomp Technology Co. Ltd. A
SHG:688531
 		$927.59 Million
Ficont Industry (Beijing) Co. Ltd.
SHG:605305
 		$927.68 Million
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
 		$927.81 Million
Norwegian Air Shuttle ASA
PINK:NWARF
 		$927.92 Million
Sunac China Holdings Limited
F:SCNR
 		$927.33 Million
China Petrochemical Development Corp
TW:1314
 		$927.02 Million
Freightways Limited
PINK:FTWYF
 		$926.90 Million
Array Technologies Inc
NASDAQ:ARRY
 		$926.73 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lingyun Ind's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,010,912,080 to 7,469,170,623, a change of 458,258,543 (6.5%).
  • Net income of 655,432,363 contributed positively to equity growth.
  • Dividend payments of 404,287,170 reduced retained earnings.
  • Other comprehensive income increased equity by 178,787,744.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥655.43 Million +8.78%
Dividends Paid CN¥404.29 Million -5.41%
Other Comprehensive Income CN¥178.79 Million +2.39%
Other Changes CN¥28.33 Million +0.38%
Total Change CN¥- 6.54%

Book Value vs Market Value Analysis

This analysis compares Lingyun Ind'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: 1.33x
  • 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 19.03x to 1.33x 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¥0.57 CN¥10.77 x
2001-12-31 CN¥0.59 CN¥10.77 x
2002-12-31 CN¥0.60 CN¥10.77 x
2003-12-31 CN¥1.43 CN¥10.77 x
2004-12-31 CN¥1.58 CN¥10.77 x
2005-12-31 CN¥1.51 CN¥10.77 x
2006-12-31 CN¥1.19 CN¥10.77 x
2007-12-31 CN¥1.31 CN¥10.77 x
2008-12-31 CN¥1.56 CN¥10.77 x
2009-12-31 CN¥1.96 CN¥10.77 x
2010-12-31 CN¥4.13 CN¥10.77 x
2011-12-31 CN¥3.65 CN¥10.77 x
2012-12-31 CN¥3.54 CN¥10.77 x
2013-12-31 CN¥3.77 CN¥10.77 x
2014-12-31 CN¥3.98 CN¥10.77 x
2015-12-31 CN¥6.35 CN¥10.77 x
2016-12-31 CN¥5.50 CN¥10.77 x
2017-12-31 CN¥5.95 CN¥10.77 x
2018-12-31 CN¥6.26 CN¥10.77 x
2019-12-31 CN¥6.07 CN¥10.77 x
2020-12-31 CN¥6.07 CN¥10.77 x
2021-12-31 CN¥6.32 CN¥10.77 x
2022-12-31 CN¥7.43 CN¥10.77 x
2023-12-31 CN¥7.66 CN¥10.77 x
2024-12-31 CN¥8.09 CN¥10.77 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lingyun Ind 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): 8.78%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.48%
  • • Asset Turnover: 0.97x
  • • Equity Multiplier: 2.59x
  • Recent ROE (8.78%) is below the historical average (9.28%), 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 11.06% 11.05% 0.37x 2.72x CN¥1.84 Million
2001 16.53% 7.71% 0.65x 3.29x CN¥11.79 Million
2002 22.63% 8.42% 0.71x 3.79x CN¥23.45 Million
2003 6.51% 4.87% 0.51x 2.63x CN¥-15.31 Million
2004 10.04% 4.82% 0.74x 2.81x CN¥202.37K
2005 6.08% 2.15% 0.88x 3.22x CN¥-18.27 Million
2006 10.16% 4.09% 0.80x 3.11x CN¥834.61K
2007 11.96% 4.11% 0.92x 3.16x CN¥11.40 Million
2008 14.64% 5.21% 0.92x 3.04x CN¥31.34 Million
2009 22.14% 7.56% 0.96x 3.06x CN¥104.07 Million
2010 13.96% 7.25% 0.84x 2.29x CN¥72.00 Million
2011 10.74% 4.63% 0.80x 2.88x CN¥13.67 Million
2012 6.45% 2.40% 0.81x 3.29x CN¥-64.68 Million
2013 6.99% 2.39% 0.85x 3.46x CN¥-57.80 Million
2014 6.80% 2.09% 0.87x 3.73x CN¥-64.58 Million
2015 4.15% 1.90% 0.82x 2.68x CN¥-193.54 Million
2016 6.09% 2.39% 0.89x 2.86x CN¥-136.86 Million
2017 8.74% 2.79% 1.00x 3.13x CN¥-47.64 Million
2018 6.84% 2.22% 0.92x 3.34x CN¥-125.45 Million
2019 -1.51% -0.59% 0.83x 3.08x CN¥-531.38 Million
2020 2.14% 0.75% 0.85x 3.39x CN¥-370.74 Million
2021 5.69% 1.75% 0.95x 3.45x CN¥-208.13 Million
2022 5.28% 2.04% 0.93x 2.77x CN¥-304.68 Million
2023 9.01% 3.38% 0.98x 2.72x CN¥-69.46 Million
2024 8.78% 3.48% 0.97x 2.59x CN¥-91.48 Million

Industry Comparison

This section compares Lingyun Ind's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,751,605,266
  • Average return on equity (ROE) among peers: 3.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lingyun Ind (600480) CN¥10.08 Billion 11.06% 1.01x $927.46 Million
FAWER Automotive Parts Ltd Co (000030) $-1.65 Million 0.00% 0.00x $362.53 Million
Wanxiang Qianchao Co Ltd (000559) $5.46 Billion 13.23% 1.21x $2.57 Billion
Gui Zhou Tyre Co Ltd (000589) $3.49 Billion -7.43% 2.21x $811.92 Million
Qingdao Doublestar Co Ltd (000599) $1.56 Billion 1.77% 2.12x $455.37 Million
Hengli Industrial Development Group Co Ltd (000622) $-104.62 Million 0.00% 0.00x $7.81 Million
Xiangyang Automobile Bearing Co Ltd (000678) $351.71 Million 3.10% 0.97x $643.46 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $2.38 Billion 4.32% 2.30x $956.75 Million
Sichuan Haowu Electromechanical Co Ltd (000757) $546.55 Million 2.75% 0.63x $234.35 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $13.03 Billion 9.60% 0.85x $2.06 Billion
Aerospace Hi-Tech Holding Group Co Ltd (000901) $805.42 Million 8.72% 0.32x $1.67 Billion