Taiyuan Lionhead Cement Co Ltd Net Assets
Taiyuan Lionhead Cement Co Ltd net assets. Based on the latest financial reports, Taiyuan Lionhead Cement Co Ltd (600539) has net assets worth CN¥359.23 Million CNY (≈ $52.57 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¥463.82 Million ≈ $67.87 Million USD) and total liabilities (CN¥104.58 Million ≈ $15.30 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. Also explore 600539 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥359.23 Million |
| % of Total Assets | 77.45% |
| Annual Growth Rate | 3.79% |
| 5-Year Change | -33.3% |
| 10-Year Change | -25.19% |
| Growth Volatility | 54.43 |
Net Assets of Taiyuan Lionhead Cement Co Ltd (1998–2025)
Net assets of Taiyuan Lionhead Cement Co Ltd from 1998 to 2025. This chart illustrates how Taiyuan Lionhead Cement Co Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Taiyuan Lionhead Cement Co Ltd's balance sheet to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see market cap of Taiyuan Lionhead Cement Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥356.68 Million ≈ $52.19 Million |
-5.85% |
| 2024-12-31 | CN¥378.86 Million ≈ $55.44 Million |
-11.53% |
| 2023-12-31 | CN¥428.24 Million ≈ $62.67 Million |
-27.25% |
| 2022-12-31 | CN¥588.68 Million ≈ $86.14 Million |
+10.08% |
| 2021-12-31 | CN¥534.78 Million ≈ $78.26 Million |
+3.17% |
| 2020-12-31 | CN¥518.37 Million ≈ $75.85 Million |
+22.73% |
| 2019-12-31 | CN¥422.36 Million ≈ $61.80 Million |
-4.49% |
| 2018-12-31 | CN¥442.21 Million ≈ $64.71 Million |
+3.39% |
| 2017-12-31 | CN¥427.70 Million ≈ $62.59 Million |
-10.29% |
| 2016-12-31 | CN¥476.79 Million ≈ $69.77 Million |
-32.27% |
| 2015-12-31 | CN¥703.97 Million ≈ $103.01 Million |
+0.34% |
| 2014-12-31 | CN¥701.56 Million ≈ $102.66 Million |
-2.05% |
| 2013-12-31 | CN¥716.27 Million ≈ $104.81 Million |
-15.59% |
| 2012-12-31 | CN¥848.58 Million ≈ $124.17 Million |
+40.87% |
| 2011-12-31 | CN¥602.40 Million ≈ $88.15 Million |
-31.47% |
| 2010-12-31 | CN¥879.06 Million ≈ $128.63 Million |
+0.13% |
| 2009-12-31 | CN¥877.88 Million ≈ $128.46 Million |
-0.31% |
| 2008-12-31 | CN¥880.64 Million ≈ $128.87 Million |
+0.22% |
| 2007-12-31 | CN¥878.67 Million ≈ $128.58 Million |
-0.29% |
| 2006-12-31 | CN¥881.22 Million ≈ $128.95 Million |
+1.42% |
| 2005-12-31 | CN¥868.90 Million ≈ $127.15 Million |
+0.42% |
| 2004-12-31 | CN¥865.25 Million ≈ $126.61 Million |
+2.90% |
| 2003-12-31 | CN¥840.88 Million ≈ $123.05 Million |
+2.90% |
| 2002-12-31 | CN¥817.22 Million ≈ $119.58 Million |
+2.85% |
| 2001-12-31 | CN¥794.59 Million ≈ $116.27 Million |
+271.22% |
| 2000-12-31 | CN¥214.05 Million ≈ $31.32 Million |
+1.55% |
| 1999-12-31 | CN¥210.78 Million ≈ $30.84 Million |
+61.23% |
| 1998-12-31 | CN¥130.73 Million ≈ $19.13 Million |
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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 48800643229.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Taiyuan Lionhead Cement Co Ltd Net Assets Breakdown (December 2025)
Taiyuan Lionhead Cement Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥230.00 Million | 76.68% |
| Other Comprehensive Income | CN¥53.91 Million | 17.97% |
| Other Components | CN¥506.58 Million | 168.88% |
| 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 |
|---|---|
|
ShaMaran Petroleum Corp
V:SNM
|
$416.42 Million |
|
Guangzhou Jiacheng
SHG:603535
|
$416.43 Million |
|
ITAB Shop Concept AB ser. B
ST:ITAB
|
$416.47 Million |
|
AMAROQ MINERALS LTD
F:72Q
|
$416.52 Million |
|
Direct Finance TA
TA:DIFI
|
$416.25 Million |
|
MIDEA REAL HLDG HD 1
F:MR9
|
$416.18 Million |
|
Hunan Huasheng Co Ltd
SHG:600156
|
$416.01 Million |
|
Concord International Securities Co Ltd
TWO:5864
|
$415.97 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 21,845,555 reduced equity.
- Dividend payments of 1,544,496 reduced retained earnings.
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 Changes | CN¥1.54 Million | +0.51% |
| 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: 10.01x
- 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 23.88x to 10.01x 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¥12.37 | x |
| 1999-12-31 | CN¥0.84 | CN¥12.37 | x |
| 2000-12-31 | CN¥0.83 | CN¥12.37 | x |
| 2001-12-31 | CN¥3.13 | CN¥12.37 | x |
| 2002-12-31 | CN¥3.22 | CN¥12.37 | x |
| 2003-12-31 | CN¥3.31 | CN¥12.37 | x |
| 2004-12-31 | CN¥3.41 | CN¥12.37 | x |
| 2005-12-31 | CN¥3.43 | CN¥12.37 | x |
| 2006-12-31 | CN¥3.48 | CN¥12.37 | x |
| 2007-12-31 | CN¥3.08 | CN¥12.37 | x |
| 2008-12-31 | CN¥3.84 | CN¥12.37 | x |
| 2009-12-31 | CN¥3.77 | CN¥12.37 | x |
| 2010-12-31 | CN¥3.79 | CN¥12.37 | x |
| 2011-12-31 | CN¥2.62 | CN¥12.37 | x |
| 2012-12-31 | CN¥2.43 | CN¥12.37 | x |
| 2013-12-31 | CN¥2.07 | CN¥12.37 | x |
| 2014-12-31 | CN¥2.02 | CN¥12.37 | x |
| 2015-12-31 | CN¥2.07 | CN¥12.37 | x |
| 2016-12-31 | CN¥2.25 | CN¥12.37 | x |
| 2017-12-31 | CN¥1.82 | CN¥12.37 | x |
| 2018-12-31 | CN¥1.71 | CN¥12.37 | x |
| 2019-12-31 | CN¥1.86 | CN¥12.37 | x |
| 2020-12-31 | CN¥1.89 | CN¥12.37 | x |
| 2021-12-31 | CN¥1.81 | CN¥12.37 | x |
| 2022-12-31 | CN¥2.06 | CN¥12.37 | x |
| 2023-12-31 | CN¥1.54 | CN¥12.37 | x |
| 2024-12-31 | CN¥1.41 | CN¥12.37 | x |
| 2025-12-31 | CN¥1.24 | CN¥12.37 | 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 (-2.34%), 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 | -4.83% | -35.92% | 0.12x | 1.08x | CN¥-60.82 Million |
| 2020 | 2.65% | 5.38% | 0.34x | 1.43x | CN¥-30.99 Million |
| 2021 | 3.32% | 3.10% | 0.69x | 1.55x | CN¥-29.04 Million |
| 2022 | 3.89% | 2.98% | 0.84x | 1.56x | CN¥-27.53 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: $4,637,159,784
- Average return on equity (ROE) among peers: 7.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiyuan Lionhead Cement Co Ltd (600539) | CN¥359.23 Million | 15.59% | 0.29x | $416.33 Million |
| CSG Holding Co Ltd (000012) | $8.51 Billion | 10.26% | 0.80x | $1.00 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $1.54 Billion | 6.03% | 0.45x | $1.32 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $-18.75 Million | 0.00% | 0.00x | $1.86 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $4.39 Billion | 5.22% | 0.93x | $459.74 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $7.43 Billion | -7.06% | 1.76x | $3.38 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.36 Billion | 10.39% | 0.16x | $793.98 Million |
| Ruitai Materials Technology Co Ltd (002066) | $200.93 Million | 7.99% | 0.72x | $477.46 Million |
| Guangdong Tapai Group Co Ltd (002233) | $11.75 Billion | 15.63% | 0.18x | $1.32 Billion |
| China West Construction Group Co Ltd (002302) | $11.08 Billion | 5.82% | 2.11x | $862.65 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $124.22 Million | 22.26% | 2.77x | $319.13 Million |
About Taiyuan Lionhead Cement Co Ltd
Lionhead Technology Development Co.,Ltd. provides e-commerce services in China. The company 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.