Luoyang Glass (600876) - Net Assets

Latest as of March 2026: CN¥3.24 Billion CNY ≈ $474.71 Million USD

Based on the latest financial reports, Luoyang Glass (600876) has net assets worth CN¥3.24 Billion CNY (≈ $474.71 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¥13.57 Billion ≈ $1.99 Billion USD) and total liabilities (CN¥10.33 Billion ≈ $1.51 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 Luoyang Glass (600876) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.24 Billion
% of Total Assets	23.9%
Annual Growth Rate	1.75%
5-Year Change	-16.59%
10-Year Change	593.8%
Growth Volatility	63.34

Luoyang Glass - Net Assets Trend (1995–2025)

This chart illustrates how Luoyang Glass's net assets have evolved over time, based on quarterly financial data. Also explore Luoyang Glass (600876) total assets for the complete picture of this company's asset base.

Annual Net Assets for Luoyang Glass (1995–2025)

The table below shows the annual net assets of Luoyang Glass from 1995 to 2025. For live valuation and market cap data, see 600876 market cap overview.

Year	Net Assets	Change
2025-12-31	CN¥3.63 Billion ≈ $531.25 Million	-17.00%
2024-12-31	CN¥4.37 Billion ≈ $640.08 Million	-13.44%
2023-12-31	CN¥5.05 Billion ≈ $739.45 Million	+9.53%
2022-12-31	CN¥4.61 Billion ≈ $675.12 Million	+5.99%
2021-12-31	CN¥4.35 Billion ≈ $636.94 Million	+142.45%
2020-12-31	CN¥1.80 Billion ≈ $262.71 Million	+26.97%
2019-12-31	CN¥1.41 Billion ≈ $206.90 Million	+5.10%
2018-12-31	CN¥1.35 Billion ≈ $196.87 Million	+1.29%
2017-12-31	CN¥1.33 Billion ≈ $194.35 Million	+153.82%
2016-12-31	CN¥523.27 Million ≈ $76.57 Million	+87.99%
2015-12-31	CN¥278.35 Million ≈ $40.73 Million	+806.66%
2014-12-31	CN¥-39.39 Million ≈ $-5.76 Million	+1.29%
2013-12-31	CN¥-39.90 Million ≈ $-5.84 Million	-156.49%
2012-12-31	CN¥70.64 Million ≈ $10.34 Million	-10.25%
2011-12-31	CN¥78.71 Million ≈ $11.52 Million	-16.44%
2010-12-31	CN¥94.19 Million ≈ $13.78 Million	+144.36%
2009-12-31	CN¥38.55 Million ≈ $5.64 Million	-85.17%
2008-12-31	CN¥259.88 Million ≈ $38.03 Million	-11.74%
2007-12-31	CN¥294.44 Million ≈ $43.09 Million	-20.92%
2006-12-31	CN¥372.32 Million ≈ $54.48 Million	-65.02%
2005-12-31	CN¥1.06 Billion ≈ $155.76 Million	+3.06%
2004-12-31	CN¥1.03 Billion ≈ $151.14 Million	+8.03%
2003-12-31	CN¥956.09 Million ≈ $139.91 Million	-25.26%
2002-12-31	CN¥1.28 Billion ≈ $187.19 Million	-23.37%
2001-12-31	CN¥1.67 Billion ≈ $244.28 Million	+4.52%
2000-12-31	CN¥1.60 Billion ≈ $233.72 Million	+5.93%
1999-12-31	CN¥1.51 Billion ≈ $220.64 Million	+5.03%
1998-12-31	CN¥1.44 Billion ≈ $210.07 Million	-23.54%
1997-12-31	CN¥1.88 Billion ≈ $274.74 Million	-13.49%
1996-12-31	CN¥2.17 Billion ≈ $317.58 Million	+0.61%
1995-12-31	CN¥2.16 Billion ≈ $315.64 Million	--

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 1384.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥4.48 Billion	144.31%
Total Equity	CN¥3.10 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
Karat Packaging Inc NASDAQ:KRT	$518.37 Million
PlayAGS Inc NYSE:AGS	$518.40 Million
Tianjin Ruixin Technology Co Ltd SHE:300828	$518.47 Million
Ichitan Group Public Company Limited BK:ICHI	$518.65 Million
Lu Thai Textile Co Ltd SHE:000726	$518.19 Million
Potbelly Co NASDAQ:PBPB	$517.96 Million
Nanjing Toua Hardware&Tools Co.Ltd. SHE:301125	$517.76 Million
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A SHE:002933	$517.74 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 2024 to 2025, total equity changed from 4,017,221,000 to 3,102,880,862, a change of -914,340,138 (-22.8%).
Net loss of 914,340,285 reduced equity.
Dividend payments of 131,093,975 reduced retained earnings.
Other comprehensive income decreased equity by 293,945,654.
Other factors increased equity by 425,039,776.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-914.34 Million	-29.47%
Dividends Paid	CN¥131.09 Million	-4.22%
Other Comprehensive Income	CN¥-293.95 Million	-9.47%
Other Changes	CN¥425.04 Million	+13.7%
Total Change	CN¥-	-22.76%

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: 1.86x
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 3.15x to 1.86x 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¥8.95	x
1996-12-31	CN¥2.87	CN¥8.95	x
1997-12-31	CN¥2.56	CN¥8.95	x
1998-12-31	CN¥2.04	CN¥8.95	x
1999-12-31	CN¥2.12	CN¥8.95	x
2000-12-31	CN¥2.21	CN¥8.95	x
2001-12-31	CN¥2.22	CN¥8.95	x
2002-12-31	CN¥1.73	CN¥8.95	x
2003-12-31	CN¥1.25	CN¥8.95	x
2004-12-31	CN¥1.33	CN¥8.95	x
2005-12-31	CN¥1.35	CN¥8.95	x
2006-12-31	CN¥0.45	CN¥8.95	x
2007-12-31	CN¥0.43	CN¥8.95	x
2008-12-31	CN¥0.46	CN¥8.95	x
2009-12-31	CN¥0.19	CN¥8.95	x
2010-12-31	CN¥0.23	CN¥8.95	x
2011-12-31	CN¥0.21	CN¥8.95	x
2012-12-31	CN¥0.26	CN¥8.95	x
2013-12-31	CN¥0.07	CN¥8.95	x
2014-12-31	CN¥1.36	CN¥8.95	x
2015-12-31	CN¥0.54	CN¥8.95	x
2016-12-31	CN¥1.00	CN¥8.95	x
2017-12-31	CN¥2.02	CN¥8.95	x
2018-12-31	CN¥2.23	CN¥8.95	x
2019-12-31	CN¥2.32	CN¥8.95	x
2020-12-31	CN¥3.20	CN¥8.95	x
2021-12-31	CN¥6.62	CN¥8.95	x
2022-12-31	CN¥6.56	CN¥8.95	x
2023-12-31	CN¥7.17	CN¥8.95	x
2024-12-31	CN¥6.22	CN¥8.95	x
2025-12-31	CN¥4.81	CN¥8.95	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): -29.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -28.19%
• Asset Turnover: 0.24x
• Equity Multiplier: 4.39x
Recent ROE (-29.47%) is below the historical average (-21.73%), suggesting potential challenges in 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%	3.21%	0.62x	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%	5.84%	0.38x	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%	11.03%	0.60x	3.17x	CN¥196.11 Million
2021	6.65%	7.05%	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
2025	-29.47%	-28.19%	0.24x	4.39x	CN¥-1.22 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: $2,250,356,017
Average return on equity (ROE) among peers: 4.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Luoyang Glass (600876)	CN¥3.24 Billion	12.26%	3.18x	$518.20 Million
CSG Holding Co Ltd (000012)	$1.80 Billion	-9.41%	0.59x	$1.26 Billion
Tangshan Jidong Cement Co Ltd (000401)	$554.72 Million	29.07%	0.84x	$1.55 Billion
Gansu Shangfeng Cement Co Ltd (000672)	$232.75 Million	-22.36%	0.71x	$2.64 Billion
Jiangxi Wannianqing Cement Co Ltd (000789)	$3.55 Billion	12.35%	1.21x	$534.42 Million
Xinjiang Tianshan Cement Co Ltd (000877)	$10.14 Billion	16.13%	0.51x	$4.66 Billion
Sinostone Guangdong Co Ltd (001212)	$1.73 Billion	1.76%	0.35x	$1.64 Billion
Ruitai Materials Technology Co Ltd (002066)	$882.60 Million	6.49%	1.50x	$885.14 Million
Guangdong Tapai Group Co Ltd (002233)	$1.94 Billion	11.11%	1.18x	$1.41 Billion
China West Construction Group Co Ltd (002302)	$1.19 Billion	9.33%	1.04x	$980.87 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377)	$482.23 Million	-12.14%	1.36x	$426.40 Million

About Luoyang Glass

SHG:600876 China Building Materials

Market Cap

$518.20 Million

CN¥3.54 Billion CNY

Market Cap Rank

#12443 Global

#3808 in China

Share Price

CN¥8.95

Change (1 day)

+3.47%

52-Week Range

CN¥8.65 - CN¥13.10

All Time High

CN¥44.89