Taiyuan Lionhead Cement Co Ltd
Lionhead Technology Development Co.,Ltd. provides e-commerce services in China. It manufactures and sells water purification faucets and accessories. The company was formerly known as Taiyuan Lionhead Cement Co.,Ltd. and changed its name to Lionhead Technology Development Co.,Ltd. in March 2022. Lionhead Technology Development Co.,Ltd. was founded in 1999 and is based in Taiyuan, China.
Taiyuan Lionhead Cement Co Ltd (600539) - Net Assets
Latest net assets as of December 2025: CN¥356.68 Million CNY
Based on the latest financial reports, Taiyuan Lionhead Cement Co Ltd (600539) has net assets worth CN¥356.68 Million CNY as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥472.52 Million) and total liabilities (CN¥115.83 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¥356.68 Million |
| % of Total Assets | 75.49% |
| Annual Growth Rate | 3.79% |
| 5-Year Change | -33.3% |
| 10-Year Change | -25.19% |
| Growth Volatility | 54.43 |
Taiyuan Lionhead Cement Co Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Taiyuan Lionhead Cement 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 Taiyuan Lionhead Cement Co Ltd (1998–2025)
The table below shows the annual net assets of Taiyuan Lionhead Cement Co Ltd from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥356.68 Million | -5.85% |
| 2024-12-31 | CN¥378.86 Million | -11.53% |
| 2023-12-31 | CN¥428.24 Million | -27.25% |
| 2022-12-31 | CN¥588.68 Million | +10.08% |
| 2021-12-31 | CN¥534.78 Million | +3.17% |
| 2020-12-31 | CN¥518.37 Million | +22.73% |
| 2019-12-31 | CN¥422.36 Million | -4.49% |
| 2018-12-31 | CN¥442.21 Million | +3.39% |
| 2017-12-31 | CN¥427.70 Million | -10.29% |
| 2016-12-31 | CN¥476.79 Million | -32.27% |
| 2015-12-31 | CN¥703.97 Million | +0.34% |
| 2014-12-31 | CN¥701.56 Million | -2.05% |
| 2013-12-31 | CN¥716.27 Million | -15.59% |
| 2012-12-31 | CN¥848.58 Million | +40.87% |
| 2011-12-31 | CN¥602.40 Million | -31.47% |
| 2010-12-31 | CN¥879.06 Million | +0.13% |
| 2009-12-31 | CN¥877.88 Million | -0.31% |
| 2008-12-31 | CN¥880.64 Million | +0.22% |
| 2007-12-31 | CN¥878.67 Million | -0.29% |
| 2006-12-31 | CN¥881.22 Million | +1.42% |
| 2005-12-31 | CN¥868.90 Million | +0.42% |
| 2004-12-31 | CN¥865.25 Million | +2.90% |
| 2003-12-31 | CN¥840.88 Million | +2.90% |
| 2002-12-31 | CN¥817.22 Million | +2.85% |
| 2001-12-31 | CN¥794.59 Million | +271.22% |
| 2000-12-31 | CN¥214.05 Million | +1.55% |
| 1999-12-31 | CN¥210.78 Million | +61.23% |
| 1998-12-31 | CN¥130.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiyuan Lionhead Cement 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 decreased by 48800643307.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥790.49 Million | 263.53% |
| Total Equity | CN¥299.96 Million | 100.00% |
Taiyuan Lionhead Cement Co Ltd Competitors by Market Cap
The table below lists competitors of Taiyuan Lionhead Cement Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eagle Bulk Shipping Inc
NYSE:EGLE
|
$221.96 Million |
|
DocMorris AG
SW:DOCM
|
$222.02 Million |
|
Prenetics Global Ltd
NASDAQ:PRE
|
$222.02 Million |
|
Samyang Holdings Corp
KO:000075
|
$222.02 Million |
|
Shanghai Nenghui Technology Co.Ltd
SHE:301046
|
$221.90 Million |
|
Teraplast Bist
RO:TRP
|
$221.89 Million |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
|
$221.89 Million |
|
Cydsa S.A.B. de C.V
MX:CYDSASAA
|
$221.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiyuan Lionhead Cement Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 321,801,852 to 299,956,295, a change of -21,845,557 (-6.8%).
- Net loss of 21,845,557 reduced equity.
- Dividend payments of 1,544,497 reduced retained earnings.
- Other comprehensive income decreased equity by 53,909,200.
- Other factors increased equity by 55,453,697.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-21.85 Million | -7.28% |
| Dividends Paid | CN¥1.54 Million | -0.51% |
| Other Comprehensive Income | CN¥-53.91 Million | -17.97% |
| Other Changes | CN¥55.45 Million | +18.49% |
| Total Change | CN¥- | -6.79% |
Book Value vs Market Value Analysis
This analysis compares Taiyuan Lionhead Cement 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: 9.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 23.34x to 9.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.52 | CN¥12.09 | x |
| 1999-12-31 | CN¥0.84 | CN¥12.09 | x |
| 2000-12-31 | CN¥0.83 | CN¥12.09 | x |
| 2001-12-31 | CN¥3.13 | CN¥12.09 | x |
| 2002-12-31 | CN¥3.22 | CN¥12.09 | x |
| 2003-12-31 | CN¥3.31 | CN¥12.09 | x |
| 2004-12-31 | CN¥3.41 | CN¥12.09 | x |
| 2005-12-31 | CN¥3.43 | CN¥12.09 | x |
| 2006-12-31 | CN¥3.48 | CN¥12.09 | x |
| 2007-12-31 | CN¥3.08 | CN¥12.09 | x |
| 2008-12-31 | CN¥3.84 | CN¥12.09 | x |
| 2009-12-31 | CN¥3.77 | CN¥12.09 | x |
| 2010-12-31 | CN¥3.79 | CN¥12.09 | x |
| 2011-12-31 | CN¥2.62 | CN¥12.09 | x |
| 2012-12-31 | CN¥2.43 | CN¥12.09 | x |
| 2013-12-31 | CN¥2.07 | CN¥12.09 | x |
| 2014-12-31 | CN¥2.02 | CN¥12.09 | x |
| 2015-12-31 | CN¥2.07 | CN¥12.09 | x |
| 2016-12-31 | CN¥2.25 | CN¥12.09 | x |
| 2017-12-31 | CN¥1.82 | CN¥12.09 | x |
| 2018-12-31 | CN¥1.71 | CN¥12.09 | x |
| 2019-12-31 | CN¥1.78 | CN¥12.09 | x |
| 2020-12-31 | CN¥1.83 | CN¥12.09 | x |
| 2021-12-31 | CN¥1.89 | CN¥12.09 | x |
| 2022-12-31 | CN¥1.96 | CN¥12.09 | x |
| 2023-12-31 | CN¥1.54 | CN¥12.09 | x |
| 2024-12-31 | CN¥1.41 | CN¥12.09 | x |
| 2025-12-31 | CN¥1.30 | CN¥12.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiyuan Lionhead Cement 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): -7.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.96%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.58x
- Recent ROE (-7.28%) is below the historical average (-1.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 15.59% | 9.92% | 0.52x | 3.01x | CN¥7.31 Million |
| 1999 | 12.74% | 12.02% | 0.51x | 2.08x | CN¥5.78 Million |
| 2000 | 14.74% | 12.44% | 0.48x | 2.45x | CN¥9.88 Million |
| 2001 | 4.72% | 12.63% | 0.28x | 1.33x | CN¥-41.67 Million |
| 2002 | 2.84% | 7.96% | 0.26x | 1.35x | CN¥-58.17 Million |
| 2003 | 2.83% | 8.16% | 0.26x | 1.34x | CN¥-59.95 Million |
| 2004 | 2.87% | 6.70% | 0.31x | 1.40x | CN¥-61.33 Million |
| 2005 | 1.09% | 2.09% | 0.37x | 1.41x | CN¥-77.11 Million |
| 2006 | 1.15% | 2.27% | 0.36x | 1.40x | CN¥-77.77 Million |
| 2007 | 0.33% | 0.69% | 0.37x | 1.28x | CN¥-85.01 Million |
| 2008 | 0.22% | 0.43% | 0.41x | 1.28x | CN¥-86.09 Million |
| 2009 | 0.10% | 0.16% | 0.45x | 1.30x | CN¥-86.95 Million |
| 2010 | 0.13% | 0.27% | 0.42x | 1.22x | CN¥-86.72 Million |
| 2011 | -46.16% | -71.93% | 0.52x | 1.25x | CN¥-337.75 Million |
| 2012 | 0.41% | 0.89% | 0.29x | 1.61x | CN¥-57.91 Million |
| 2013 | -27.47% | -158.75% | 0.09x | 1.93x | CN¥-177.54 Million |
| 2014 | -8.91% | -201.22% | 0.02x | 1.97x | CN¥-88.35 Million |
| 2015 | 2.90% | 15.21% | 0.09x | 2.03x | CN¥-34.17 Million |
| 2016 | -2.23% | -5.52% | 0.33x | 1.24x | CN¥-57.54 Million |
| 2017 | -12.08% | -65.86% | 0.16x | 1.14x | CN¥-92.71 Million |
| 2018 | 2.34% | 10.80% | 0.19x | 1.17x | CN¥-32.94 Million |
| 2019 | -4.81% | -35.74% | 0.12x | 1.08x | CN¥-60.72 Million |
| 2020 | 5.14% | 10.44% | 0.34x | 1.43x | CN¥-20.49 Million |
| 2021 | 8.19% | 7.65% | 0.69x | 1.55x | CN¥-7.88 Million |
| 2022 | 9.68% | 7.40% | 0.84x | 1.56x | CN¥-1.46 Million |
| 2023 | -22.07% | -16.94% | 0.82x | 1.58x | CN¥-112.76 Million |
| 2024 | -9.20% | -6.17% | 1.01x | 1.48x | CN¥-61.80 Million |
| 2025 | -7.28% | -4.96% | 0.93x | 1.58x | CN¥-51.84 Million |
Industry Comparison
This section compares Taiyuan Lionhead Cement Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,433,825,727
- Average return on equity (ROE) among peers: 46.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiyuan Lionhead Cement Co Ltd (600539) | CN¥356.68 Million | 15.59% | 0.32x | $221.90 Million |
| CSG Holding Co Ltd (000012) | $1.98 Billion | 5.22% | 0.62x | $1.58 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $30.60 Billion | -4.84% | 0.96x | $788.07 Million |
| Gansu Shangfeng Cement Co Ltd (000672) | $26.27 Million | 402.35% | 2.67x | $782.48 Million |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.61 Billion | 19.37% | 1.69x | $284.38 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $5.40 Billion | 20.92% | 1.84x | $799.89 Million |
| Sinostone Guangdong Co Ltd (001212) | $1.42 Billion | 6.07% | 0.18x | $798.00 Million |
| Ruitai Materials Technology Co Ltd (002066) | $882.60 Million | 6.49% | 1.50x | $387.51 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $830.46 Million |
| China West Construction Group Co Ltd (002302) | $6.71 Billion | 1.58% | 1.72x | $381.07 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $895.70 Million | 0.58% | 0.68x | $309.88 Million |