Luyin Investment Group Co Ltd (600784) - Net Assets
Based on the latest financial reports, Luyin Investment Group Co Ltd (600784) has net assets worth CN¥3.64 Billion CNY (≈ $533.21 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¥6.21 Billion ≈ $909.44 Million USD) and total liabilities (CN¥2.57 Billion ≈ $376.23 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 Luyin Investment Group Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.64 Billion |
| % of Total Assets | 58.63% |
| Annual Growth Rate | 8.47% |
| 5-Year Change | 82.78% |
| 10-Year Change | 103.38% |
| Growth Volatility | 18.26 |
Luyin Investment Group Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Luyin Investment Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Luyin Investment Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Luyin Investment Group Co Ltd (1993–2025)
The table below shows the annual net assets of Luyin Investment Group Co Ltd from 1993 to 2025. For live valuation and market cap data, see market cap of Luyin Investment Group Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.59 Billion ≈ $524.92 Million |
+3.65% |
| 2024-12-31 | CN¥3.46 Billion ≈ $506.43 Million |
+10.59% |
| 2023-12-31 | CN¥3.13 Billion ≈ $457.93 Million |
+9.56% |
| 2022-12-31 | CN¥2.86 Billion ≈ $417.96 Million |
+45.54% |
| 2021-12-31 | CN¥1.96 Billion ≈ $287.18 Million |
+12.36% |
| 2020-12-31 | CN¥1.75 Billion ≈ $255.60 Million |
+9.62% |
| 2019-12-31 | CN¥1.59 Billion ≈ $233.17 Million |
+2.81% |
| 2018-12-31 | CN¥1.55 Billion ≈ $226.81 Million |
+0.43% |
| 2017-12-31 | CN¥1.54 Billion ≈ $225.83 Million |
-12.50% |
| 2016-12-31 | CN¥1.76 Billion ≈ $258.09 Million |
+8.29% |
| 2015-12-31 | CN¥1.63 Billion ≈ $238.32 Million |
+1.46% |
| 2014-12-31 | CN¥1.61 Billion ≈ $234.89 Million |
+35.21% |
| 2013-12-31 | CN¥1.19 Billion ≈ $173.73 Million |
+7.94% |
| 2012-12-31 | CN¥1.10 Billion ≈ $160.95 Million |
+17.98% |
| 2011-12-31 | CN¥932.29 Million ≈ $136.42 Million |
+46.23% |
| 2010-12-31 | CN¥637.54 Million ≈ $93.29 Million |
+45.14% |
| 2009-12-31 | CN¥439.26 Million ≈ $64.28 Million |
+6.84% |
| 2008-12-31 | CN¥411.13 Million ≈ $60.16 Million |
+8.12% |
| 2007-12-31 | CN¥380.25 Million ≈ $55.64 Million |
+10.71% |
| 2006-12-31 | CN¥343.46 Million ≈ $50.26 Million |
+9.23% |
| 2005-12-31 | CN¥314.43 Million ≈ $46.01 Million |
+3.30% |
| 2004-12-31 | CN¥304.39 Million ≈ $44.54 Million |
+7.86% |
| 2003-12-31 | CN¥282.22 Million ≈ $41.30 Million |
+16.81% |
| 2002-12-31 | CN¥241.61 Million ≈ $35.36 Million |
-55.98% |
| 2001-12-31 | CN¥548.83 Million ≈ $80.31 Million |
-3.12% |
| 2000-12-31 | CN¥566.49 Million ≈ $82.89 Million |
+11.49% |
| 1999-12-31 | CN¥508.09 Million ≈ $74.35 Million |
-4.26% |
| 1998-12-31 | CN¥530.68 Million ≈ $77.66 Million |
+12.38% |
| 1997-12-31 | CN¥472.20 Million ≈ $69.10 Million |
+13.30% |
| 1996-12-31 | CN¥416.76 Million ≈ $60.99 Million |
+32.74% |
| 1995-12-31 | CN¥313.96 Million ≈ $45.94 Million |
+10.13% |
| 1994-12-31 | CN¥285.09 Million ≈ $41.72 Million |
+7.21% |
| 1993-12-31 | CN¥265.91 Million ≈ $38.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Luyin Investment Group 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 151305260360.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.51 Billion | 46.23% |
| Other Components | CN¥1.76 Billion | 53.77% |
| Total Equity | CN¥3.27 Billion | 100.00% |
Luyin Investment Group Co Ltd Competitors by Market Cap
The table below lists competitors of Luyin Investment Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Yaohua Pilkington Glass Group Co Ltd A
SHG:600819
|
$659.47 Million |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$659.66 Million |
|
Sino-High (China) Co. Ltd.
SHE:301076
|
$659.73 Million |
|
FinVolution Group
NYSE:FINV
|
$659.75 Million |
|
ECOVE Environment Corp
TWO:6803
|
$659.22 Million |
|
Guangdong Fangyuan Environment Co. Ltd. A
SHG:688148
|
$659.20 Million |
|
Beijing ConST Instruments Technology Inc
SHE:300445
|
$659.01 Million |
|
SWS Hemodialysis Care Co. Ltd. A
SHG:688410
|
$658.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Luyin Investment Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,143,788,667 to 3,273,147,655, a change of 129,358,988 (4.1%).
- Net income of 169,545,932 contributed positively to equity growth.
- Dividend payments of 66,501,111 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥169.55 Million | +5.18% |
| Dividends Paid | CN¥66.50 Million | -2.03% |
| Other Changes | CN¥26.31 Million | +0.8% |
| Total Change | CN¥- | 4.11% |
Book Value vs Market Value Analysis
This analysis compares Luyin Investment Group 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: 1.38x
- 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 12.45x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.54 | CN¥6.67 | x |
| 1994-12-31 | CN¥0.57 | CN¥6.67 | x |
| 1995-12-31 | CN¥0.63 | CN¥6.67 | x |
| 1996-12-31 | CN¥0.84 | CN¥6.67 | x |
| 1997-12-31 | CN¥0.95 | CN¥6.67 | x |
| 1998-12-31 | CN¥1.07 | CN¥6.67 | x |
| 1999-12-31 | CN¥1.02 | CN¥6.67 | x |
| 2000-12-31 | CN¥1.07 | CN¥6.67 | x |
| 2001-12-31 | CN¥1.04 | CN¥6.67 | x |
| 2002-12-31 | CN¥0.45 | CN¥6.67 | x |
| 2003-12-31 | CN¥0.52 | CN¥6.67 | x |
| 2004-12-31 | CN¥0.58 | CN¥6.67 | x |
| 2005-12-31 | CN¥0.62 | CN¥6.67 | x |
| 2006-12-31 | CN¥0.66 | CN¥6.67 | x |
| 2007-12-31 | CN¥0.73 | CN¥6.67 | x |
| 2008-12-31 | CN¥0.77 | CN¥6.67 | x |
| 2009-12-31 | CN¥0.86 | CN¥6.67 | x |
| 2010-12-31 | CN¥1.07 | CN¥6.67 | x |
| 2011-12-31 | CN¥1.64 | CN¥6.67 | x |
| 2012-12-31 | CN¥1.82 | CN¥6.67 | x |
| 2013-12-31 | CN¥1.78 | CN¥6.67 | x |
| 2014-12-31 | CN¥2.53 | CN¥6.67 | x |
| 2015-12-31 | CN¥2.53 | CN¥6.67 | x |
| 2016-12-31 | CN¥2.69 | CN¥6.67 | x |
| 2017-12-31 | CN¥2.52 | CN¥6.67 | x |
| 2018-12-31 | CN¥2.63 | CN¥6.67 | x |
| 2019-12-31 | CN¥2.37 | CN¥6.67 | x |
| 2020-12-31 | CN¥3.01 | CN¥6.67 | x |
| 2021-12-31 | CN¥3.27 | CN¥6.67 | x |
| 2022-12-31 | CN¥3.98 | CN¥6.67 | x |
| 2023-12-31 | CN¥4.28 | CN¥6.67 | x |
| 2024-12-31 | CN¥4.69 | CN¥6.67 | x |
| 2025-12-31 | CN¥4.84 | CN¥6.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Luyin Investment Group 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): 5.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.06%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.89x
- Recent ROE (5.18%) is above the historical average (4.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 5.88% | 22.54% | 0.22x | 1.18x | CN¥-10.96 Million |
| 1994 | 6.73% | 23.91% | 0.21x | 1.37x | CN¥-9.33 Million |
| 1995 | 9.20% | 25.02% | 0.28x | 1.30x | CN¥-2.52 Million |
| 1996 | 10.17% | 26.98% | 0.27x | 1.38x | CN¥726.65K |
| 1997 | 11.74% | 43.94% | 0.17x | 1.57x | CN¥8.22 Million |
| 1998 | 11.02% | 42.44% | 0.16x | 1.58x | CN¥5.41 Million |
| 1999 | 9.38% | 34.38% | 0.13x | 2.06x | CN¥-3.15 Million |
| 2000 | 8.08% | 43.20% | 0.08x | 2.34x | CN¥-10.25 Million |
| 2001 | 0.73% | 4.24% | 0.06x | 2.71x | CN¥-47.93 Million |
| 2002 | -118.76% | -240.53% | 0.08x | 5.85x | CN¥-287.52 Million |
| 2003 | 9.97% | 3.15% | 0.61x | 5.18x | CN¥-80.33K |
| 2004 | 10.70% | 0.85% | 2.39x | 5.27x | CN¥2.00 Million |
| 2005 | 6.90% | 0.59% | 2.34x | 5.00x | CN¥-9.56 Million |
| 2006 | 9.26% | 0.96% | 2.08x | 4.67x | CN¥-2.43 Million |
| 2007 | 7.58% | 0.67% | 2.53x | 4.48x | CN¥-8.78 Million |
| 2008 | 7.80% | 0.67% | 3.04x | 3.85x | CN¥-8.59 Million |
| 2009 | 9.84% | 1.16% | 2.01x | 4.24x | CN¥-676.15K |
| 2010 | 20.03% | 2.46% | 2.04x | 4.00x | CN¥52.85 Million |
| 2011 | 35.96% | 5.19% | 1.65x | 4.21x | CN¥213.07 Million |
| 2012 | 11.89% | 2.35% | 1.02x | 4.97x | CN¥17.09 Million |
| 2013 | 9.68% | 1.64% | 1.02x | 5.80x | CN¥-3.12 Million |
| 2014 | 2.57% | 1.05% | 0.64x | 3.82x | CN¥-104.43 Million |
| 2015 | -4.50% | -2.77% | 0.44x | 3.72x | CN¥-208.96 Million |
| 2016 | 2.60% | 1.39% | 0.65x | 2.87x | CN¥-118.43 Million |
| 2017 | -9.54% | -8.80% | 0.37x | 2.92x | CN¥-279.92 Million |
| 2018 | 4.18% | 3.17% | 0.48x | 2.75x | CN¥-87.45 Million |
| 2019 | 0.84% | 0.58% | 0.43x | 3.41x | CN¥-142.01 Million |
| 2020 | 10.30% | 6.83% | 0.54x | 2.78x | CN¥5.13 Million |
| 2021 | 12.23% | 7.58% | 0.71x | 2.29x | CN¥41.81 Million |
| 2022 | 12.32% | 8.57% | 0.72x | 1.99x | CN¥61.20 Million |
| 2023 | 9.11% | 7.87% | 0.62x | 1.86x | CN¥-25.86 Million |
| 2024 | 9.59% | 8.92% | 0.59x | 1.82x | CN¥-12.98 Million |
| 2025 | 5.18% | 5.06% | 0.54x | 1.89x | CN¥-157.77 Million |
Industry Comparison
This section compares Luyin Investment Group Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $17,330,859,715
- Average return on equity (ROE) among peers: 13.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Luyin Investment Group Co Ltd (600784) | CN¥3.64 Billion | 5.88% | 0.71x | $659.46 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $3.32 Billion | 8.08% | 0.52x | $9.85 Billion |
| HBIS Co Ltd (000709) | $44.79 Billion | 0.26% | 2.73x | $3.06 Billion |
| Sgis Songshan Co Ltd (000717) | $6.18 Billion | 53.52% | 1.66x | $712.92 Million |
| Bengang Steel Plates Co Ltd (000761) | $806.40 Million | 41.52% | 0.99x | $1.20 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $6.54 Billion | 7.81% | 1.19x | $2.26 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $25.06 Billion | 7.20% | 1.64x | $3.00 Billion |
| Jiangsu Fasten Co Ltd (000890) | $610.17 Million | 9.69% | 0.76x | $507.05 Million |
| Angang Steel Co Ltd Class A (000898) | $5.43 Billion | 5.36% | 0.28x | $2.24 Billion |
| Hunan Valin Steel Co Ltd (000932) | $57.59 Billion | 11.08% | 1.08x | $3.51 Billion |
| Beijing Shougang Co Ltd (000959) | $22.99 Billion | -4.93% | 1.89x | $3.63 Billion |
About Luyin Investment Group Co Ltd
Luyin Investment Group Co.,Ltd. engages in the production and sale of powder metallurgy materials and products, and salt and salt chemical products in China and internationally. The company offers table salt, industrial salt, domestic salt and bromine; and powder metallurgy automotive parts, including timing sprocket series, bearing cover series, VVT sprocket/stator and rotor series, pulley serie… Read more