Lingyun Ind (600480) - Net Assets
Based on the latest financial reports, Lingyun Ind (600480) has net assets worth CN¥10.08 Billion CNY (≈ $1.47 Billion USD) 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 ≈ $2.96 Billion USD) and total liabilities (CN¥10.15 Billion ≈ $1.48 Billion 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 600480 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 600480 total assets for the complete picture of this company's asset base.
Annual Net Assets for Lingyun Ind (2000–2024)
The table below shows the annual net assets of Lingyun Ind from 2000 to 2024. For live valuation and market cap data, see market cap of Lingyun Ind.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.65 Billion ≈ $1.41 Billion |
+6.44% |
| 2023-12-31 | CN¥9.06 Billion ≈ $1.33 Billion |
+7.15% |
| 2022-12-31 | CN¥8.46 Billion ≈ $1.24 Billion |
+26.88% |
| 2021-12-31 | CN¥6.67 Billion ≈ $975.71 Million |
-2.34% |
| 2020-12-31 | CN¥6.83 Billion ≈ $999.05 Million |
+4.16% |
| 2019-12-31 | CN¥6.55 Billion ≈ $959.19 Million |
+13.40% |
| 2018-12-31 | CN¥5.78 Billion ≈ $845.85 Million |
+8.07% |
| 2017-12-31 | CN¥5.35 Billion ≈ $782.67 Million |
+11.07% |
| 2016-12-31 | CN¥4.82 Billion ≈ $704.67 Million |
+10.46% |
| 2015-12-31 | CN¥4.36 Billion ≈ $637.94 Million |
+48.74% |
| 2014-12-31 | CN¥2.93 Billion ≈ $428.90 Million |
+7.35% |
| 2013-12-31 | CN¥2.73 Billion ≈ $399.53 Million |
+6.73% |
| 2012-12-31 | CN¥2.56 Billion ≈ $374.33 Million |
+0.08% |
| 2011-12-31 | CN¥2.56 Billion ≈ $374.02 Million |
+4.37% |
| 2010-12-31 | CN¥2.45 Billion ≈ $358.36 Million |
+78.32% |
| 2009-12-31 | CN¥1.37 Billion ≈ $200.97 Million |
+24.85% |
| 2008-12-31 | CN¥1.10 Billion ≈ $160.97 Million |
+14.22% |
| 2007-12-31 | CN¥963.08 Million ≈ $140.93 Million |
+14.61% |
| 2006-12-31 | CN¥840.29 Million ≈ $122.96 Million |
+14.07% |
| 2005-12-31 | CN¥736.66 Million ≈ $107.80 Million |
+2.71% |
| 2004-12-31 | CN¥717.25 Million ≈ $104.96 Million |
+20.43% |
| 2003-12-31 | CN¥595.59 Million ≈ $87.15 Million |
+116.37% |
| 2002-12-31 | CN¥275.26 Million ≈ $40.28 Million |
+7.72% |
| 2001-12-31 | CN¥255.53 Million ≈ $37.39 Million |
+8.67% |
| 2000-12-31 | CN¥235.15 Million ≈ $34.41 Million |
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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 |
|---|---|
|
Wondershare Technology Co Ltd Class A
SHE:300624
|
$1.81 Billion |
|
Elkem ASA
OL:ELK
|
$1.81 Billion |
|
Shandong Pharmaceutical Glass Co Ltd
SHG:600529
|
$1.81 Billion |
|
Globant SA
F:2G2
|
$1.81 Billion |
|
Genius Electronic Optical Co Ltd
TW:3406
|
$1.81 Billion |
|
Tongyu Heavy Industry
SHE:300185
|
$1.81 Billion |
|
Evergreen Aviation Tech Corp
TW:2645
|
$1.81 Billion |
|
SPG Co. Ltd
KQ:058610
|
$1.81 Billion |
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: 1.25x
- 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 17.87x to 1.25x 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¥10.11 | x |
| 2001-12-31 | CN¥0.59 | CN¥10.11 | x |
| 2002-12-31 | CN¥0.60 | CN¥10.11 | x |
| 2003-12-31 | CN¥1.43 | CN¥10.11 | x |
| 2004-12-31 | CN¥1.58 | CN¥10.11 | x |
| 2005-12-31 | CN¥1.51 | CN¥10.11 | x |
| 2006-12-31 | CN¥1.19 | CN¥10.11 | x |
| 2007-12-31 | CN¥1.31 | CN¥10.11 | x |
| 2008-12-31 | CN¥1.56 | CN¥10.11 | x |
| 2009-12-31 | CN¥1.96 | CN¥10.11 | x |
| 2010-12-31 | CN¥4.13 | CN¥10.11 | x |
| 2011-12-31 | CN¥3.65 | CN¥10.11 | x |
| 2012-12-31 | CN¥3.54 | CN¥10.11 | x |
| 2013-12-31 | CN¥3.77 | CN¥10.11 | x |
| 2014-12-31 | CN¥3.98 | CN¥10.11 | x |
| 2015-12-31 | CN¥6.35 | CN¥10.11 | x |
| 2016-12-31 | CN¥5.50 | CN¥10.11 | x |
| 2017-12-31 | CN¥5.95 | CN¥10.11 | x |
| 2018-12-31 | CN¥6.26 | CN¥10.11 | x |
| 2019-12-31 | CN¥6.07 | CN¥10.11 | x |
| 2020-12-31 | CN¥6.07 | CN¥10.11 | x |
| 2021-12-31 | CN¥6.32 | CN¥10.11 | x |
| 2022-12-31 | CN¥7.43 | CN¥10.11 | x |
| 2023-12-31 | CN¥7.66 | CN¥10.11 | x |
| 2024-12-31 | CN¥8.09 | CN¥10.11 | 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: $2,118,573,594
- Average return on equity (ROE) among peers: 8.16%
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 | $1.81 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $5.34 Billion | 22.56% | 0.48x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.00 Billion | 2.41% | 2.13x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $294.61 Million | 13.77% | 0.22x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $45.14 Million | 0.00% | 2.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.26 Billion | -4.75% | 1.19x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $891.72 Million | 4.95% | 2.78x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-736.34 Million | 0.00% | 0.00x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $456.79 Million | 21.42% | 0.41x | $3.35 Billion |
About Lingyun Ind
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