Luoyang Glass

SHG:600876 China Building Materials
Market Cap
$593.20 Million
CN¥4.35 Billion CNY
Market Cap Rank
#9310 Global
#1866 in China
Share Price
CN¥11.00
Change (1 day)
-2.40%
52-Week Range
CN¥8.66 - CN¥13.10
All Time High
CN¥44.89
Categories
Companies in China Building Materials
About

Triumph New Energy Company Limited engages in research and development, manufacturing, and sales of new energy materials. The company provides screen printed glass, drilled tempered glass, ultra-clear and ultra-thin photovoltaic glass, rolled photovoltaic coated and tempered glass, rolled photovoltaic glass, original glass, tempered glass, AR coated glass, back glass, double glass component glass… Read more

Luoyang Glass (600876) - Net Assets

Latest net assets as of September 2025: CN¥3.88 Billion CNY

Based on the latest financial reports, Luoyang Glass (600876) has net assets worth CN¥3.88 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¥13.56 Billion) and total liabilities (CN¥9.68 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¥3.88 Billion
% of Total Assets 28.62%
Annual Growth Rate 2.47%
5-Year Change 143.65%
10-Year Change 1471.48%
Growth Volatility 64.37

Luoyang Glass - Net Assets Trend (1995–2024)

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

Annual Net Assets for Luoyang Glass (1995–2024)

The table below shows the annual net assets of Luoyang Glass from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.37 Billion -13.44%
2023-12-31 CN¥5.05 Billion +9.53%
2022-12-31 CN¥4.61 Billion +5.99%
2021-12-31 CN¥4.35 Billion +142.45%
2020-12-31 CN¥1.80 Billion +26.97%
2019-12-31 CN¥1.41 Billion +5.10%
2018-12-31 CN¥1.35 Billion +1.29%
2017-12-31 CN¥1.33 Billion +153.82%
2016-12-31 CN¥523.27 Million +87.99%
2015-12-31 CN¥278.35 Million +806.66%
2014-12-31 CN¥-39.39 Million +1.29%
2013-12-31 CN¥-39.90 Million -156.49%
2012-12-31 CN¥70.64 Million -10.25%
2011-12-31 CN¥78.71 Million -16.44%
2010-12-31 CN¥94.19 Million +144.36%
2009-12-31 CN¥38.55 Million -85.17%
2008-12-31 CN¥259.88 Million -11.74%
2007-12-31 CN¥294.44 Million -20.92%
2006-12-31 CN¥372.32 Million -65.02%
2005-12-31 CN¥1.06 Billion +3.06%
2004-12-31 CN¥1.03 Billion +8.03%
2003-12-31 CN¥956.09 Million -25.26%
2002-12-31 CN¥1.28 Billion -23.37%
2001-12-31 CN¥1.67 Billion +4.52%
2000-12-31 CN¥1.60 Billion +5.93%
1999-12-31 CN¥1.51 Billion +5.03%
1998-12-31 CN¥1.44 Billion -23.54%
1997-12-31 CN¥1.88 Billion -13.49%
1996-12-31 CN¥2.17 Billion +0.61%
1995-12-31 CN¥2.16 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Luoyang Glass'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 530.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥645.67 Million 16.07%
Other Comprehensive Income CN¥293.95 Million 7.32%
Other Components CN¥3.54 Billion 88.08%
Total Equity CN¥4.02 Billion 100.00%

Luoyang Glass Competitors by Market Cap

The table below lists competitors of Luoyang Glass ranked by their market capitalization.

Company Market Cap
KIWETINOHK ENERGY
F:Y9B
 		$598.25 Million
Ningbo PIA Automation Holding Corp. A
SHG:688306
 		$598.38 Million
BYTES TECH.GRP LS -01
F:9NY
 		$598.45 Million
Phathom Pharmaceuticals Inc
NASDAQ:PHAT
 		$598.57 Million
People & Technology Inc
KQ:137400
 		$597.81 Million
Chenguang Biotech Group
SHE:300138
 		$597.77 Million
PCBL LIMITED
NSE:PCBL
 		$597.61 Million
Beijing Creative Distribution Automation Co Ltd
SHE:002350
 		$597.57 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,627,151,000 to 4,017,221,000, a change of -609,930,000 (-13.2%).
  • Net loss of 609,930,000 reduced equity.
  • Dividend payments of 115,439,000 reduced retained earnings.
  • Other comprehensive income increased equity by 293,945,654.
  • Other factors decreased equity by 178,506,654.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-609.93 Million -15.18%
Dividends Paid CN¥115.44 Million -2.87%
Other Comprehensive Income CN¥293.95 Million +7.32%
Other Changes CN¥-178.51 Million -4.44%
Total Change CN¥- -13.18%

Book Value vs Market Value Analysis

This analysis compares Luoyang Glass'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: 1.78x
  • 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 3.87x to 1.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥2.84 CN¥11.00 x
1996-12-31 CN¥2.87 CN¥11.00 x
1997-12-31 CN¥2.56 CN¥11.00 x
1998-12-31 CN¥2.04 CN¥11.00 x
1999-12-31 CN¥2.12 CN¥11.00 x
2000-12-31 CN¥2.21 CN¥11.00 x
2001-12-31 CN¥2.22 CN¥11.00 x
2002-12-31 CN¥1.73 CN¥11.00 x
2003-12-31 CN¥1.25 CN¥11.00 x
2004-12-31 CN¥1.33 CN¥11.00 x
2005-12-31 CN¥1.35 CN¥11.00 x
2006-12-31 CN¥0.45 CN¥11.00 x
2007-12-31 CN¥0.43 CN¥11.00 x
2008-12-31 CN¥0.46 CN¥11.00 x
2009-12-31 CN¥0.19 CN¥11.00 x
2010-12-31 CN¥0.23 CN¥11.00 x
2011-12-31 CN¥0.21 CN¥11.00 x
2012-12-31 CN¥0.26 CN¥11.00 x
2013-12-31 CN¥0.07 CN¥11.00 x
2014-12-31 CN¥1.39 CN¥11.00 x
2015-12-31 CN¥0.54 CN¥11.00 x
2016-12-31 CN¥0.91 CN¥11.00 x
2017-12-31 CN¥2.02 CN¥11.00 x
2018-12-31 CN¥2.23 CN¥11.00 x
2019-12-31 CN¥2.32 CN¥11.00 x
2020-12-31 CN¥3.20 CN¥11.00 x
2021-12-31 CN¥5.95 CN¥11.00 x
2022-12-31 CN¥6.56 CN¥11.00 x
2023-12-31 CN¥7.17 CN¥11.00 x
2024-12-31 CN¥6.19 CN¥11.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Luoyang Glass 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): -15.18%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -13.28%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 3.06x
  • Recent ROE (-15.18%) is above the historical average (-21.48%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 12.26% 25.79% 0.32x 1.49x CN¥45.03 Million
1996 1.07% 3.58% 0.19x 1.61x CN¥-180.12 Million
1997 -12.20% -36.90% 0.17x 1.95x CN¥-399.22 Million
1998 -25.33% -57.97% 0.20x 2.14x CN¥-506.82 Million
1999 3.51% 6.34% 0.29x 1.94x CN¥-96.53 Million
2000 4.25% 7.32% 0.31x 1.86x CN¥-89.28 Million
2001 0.63% 1.21% 0.26x 2.00x CN¥-146.39 Million
2002 -28.30% -41.77% 0.29x 2.33x CN¥-466.49 Million
2003 -39.10% -34.99% 0.42x 2.65x CN¥-430.11 Million
2004 4.93% 4.07% 0.52x 2.33x CN¥-47.45 Million
2005 0.52% 0.48% 0.40x 2.73x CN¥-90.16 Million
2006 -101.22% -26.55% 0.55x 6.98x CN¥-348.85 Million
2007 -44.06% -6.32% 0.74x 9.43x CN¥-116.98 Million
2008 5.58% 0.97% 0.66x 8.74x CN¥-10.13 Million
2009 -178.60% -17.21% 0.66x 15.84x CN¥-176.83 Million
2010 52.60% 5.20% 0.81x 12.46x CN¥49.23 Million
2011 9.71% 1.34% 0.65x 11.15x CN¥-366.40K
2012 3.85% 0.92% 0.43x 9.86x CN¥-8.12 Million
2013 -297.19% -26.34% 0.31x 36.83x CN¥-102.31 Million
2014 2.95% 3.45% 0.58x 1.47x CN¥-50.55 Million
2015 -66.38% -27.90% 0.50x 4.72x CN¥-212.59 Million
2016 2.20% 2.94% 0.29x 2.59x CN¥-40.81 Million
2017 7.85% 23.89% 0.09x 3.56x CN¥-24.05 Million
2018 1.26% 1.12% 0.31x 3.62x CN¥-108.88 Million
2019 4.16% 2.91% 0.35x 4.03x CN¥-75.92 Million
2020 21.10% 12.24% 0.54x 3.17x CN¥196.11 Million
2021 6.65% 7.09% 0.39x 2.41x CN¥-128.61 Million
2022 9.66% 8.13% 0.48x 2.50x CN¥-14.20 Million
2023 8.53% 5.98% 0.53x 2.69x CN¥-67.99 Million
2024 -15.18% -13.28% 0.37x 3.06x CN¥-1.01 Billion

Industry Comparison

This section compares Luoyang Glass's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $4,906,954,303
  • Average return on equity (ROE) among peers: -25.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Luoyang Glass (600876) CN¥3.88 Billion 12.26% 2.49x $598.02 Million
CSG Holding Co Ltd (000012) $2.46 Billion 13.80% 0.93x $1.52 Billion
Tangshan Jidong Cement Co Ltd (000401) $33.78 Billion 8.32% 0.79x $768.21 Million
Gansu Shangfeng Cement Co Ltd (000672) $27.95 Million -388.14% 7.38x $717.28 Million
Jiangxi Wannianqing Cement Co Ltd (000789) $7.52 Billion 27.31% 0.57x $279.45 Million
Xinjiang Tianshan Cement Co Ltd (000877) $85.96 Million 23.73% 0.88x $758.83 Million
Sinostone Guangdong Co Ltd (001212) $1.73 Billion 1.76% 0.35x $772.75 Million
Ruitai Materials Technology Co Ltd (002066) $662.73 Million 5.56% 0.75x $390.13 Million
Guangdong Tapai Group Co Ltd (002233) $2.32 Billion 13.26% 1.06x $812.89 Million
China West Construction Group Co Ltd (002302) $310.89 Million 20.54% 0.73x $350.80 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377) $168.31 Million 20.85% 2.42x $306.34 Million