Lonyer Fuels (603003) - Net Assets
Based on the latest financial reports, Lonyer Fuels (603003) has net assets worth CN¥3.32 Billion CNY (≈ $485.84 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.82 Billion ≈ $559.23 Million USD) and total liabilities (CN¥501.56 Million ≈ $73.39 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 603003 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.32 Billion |
| % of Total Assets | 86.88% |
| Annual Growth Rate | 16.91% |
| 5-Year Change | -12.99% |
| 10-Year Change | 364.21% |
| Growth Volatility | 121.97 |
Lonyer Fuels - Net Assets Trend (2009–2024)
This chart illustrates how Lonyer Fuels's net assets have evolved over time, based on quarterly financial data. Also explore 603003 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Lonyer Fuels (2009–2024)
The table below shows the annual net assets of Lonyer Fuels from 2009 to 2024. For live valuation and market cap data, see 603003 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.32 Billion ≈ $486.28 Million |
-10.22% |
| 2023-12-31 | CN¥3.70 Billion ≈ $541.62 Million |
+2.26% |
| 2022-12-31 | CN¥3.62 Billion ≈ $529.65 Million |
+0.54% |
| 2021-12-31 | CN¥3.60 Billion ≈ $526.82 Million |
-5.74% |
| 2020-12-31 | CN¥3.82 Billion ≈ $558.90 Million |
-5.05% |
| 2019-12-31 | CN¥4.02 Billion ≈ $588.65 Million |
-2.46% |
| 2018-12-31 | CN¥4.12 Billion ≈ $603.50 Million |
-4.78% |
| 2017-12-31 | CN¥4.33 Billion ≈ $633.77 Million |
+2.97% |
| 2016-12-31 | CN¥4.21 Billion ≈ $615.46 Million |
+487.54% |
| 2015-12-31 | CN¥715.86 Million ≈ $104.75 Million |
-11.49% |
| 2014-12-31 | CN¥808.81 Million ≈ $118.35 Million |
+3.10% |
| 2013-12-31 | CN¥784.45 Million ≈ $114.79 Million |
-7.36% |
| 2012-12-31 | CN¥846.77 Million ≈ $123.91 Million |
+75.65% |
| 2011-12-31 | CN¥482.08 Million ≈ $70.54 Million |
+20.75% |
| 2010-12-31 | CN¥399.24 Million ≈ $58.42 Million |
+25.23% |
| 2009-12-31 | CN¥318.81 Million ≈ $46.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lonyer Fuels'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 612.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.69 Billion | 110.85% |
| Total Equity | CN¥3.33 Billion | 100.00% |
Lonyer Fuels Competitors by Market Cap
The table below lists competitors of Lonyer Fuels ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genesis Land Development Corp.
TO:GDC
|
$134.38 Million |
|
Daishin Securities Co Ltd Pref 2
KO:003547
|
$134.49 Million |
|
Meghmani Organics Limited
NSE:MOL
|
$134.57 Million |
|
STEEL EXCHANGE INDIA LIMITED
NSE:STEELXIND
|
$134.61 Million |
|
Lu Thai Textile
SHE:200726
|
$134.23 Million |
|
Texaf SA
BR:TEXF
|
$134.20 Million |
|
Compañía Minera Autlán S.A.B. de C.V
MX:AUTLANB
|
$134.17 Million |
|
Reyon Pharmaceutical Co Ltd
KO:102460
|
$134.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lonyer Fuels's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,693,295,806 to 3,325,881,363, a change of -367,414,443 (-9.9%).
- Net loss of 331,644,475 reduced equity.
- Dividend payments of 40,597,299 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-331.64 Million | -9.97% |
| Dividends Paid | CN¥40.60 Million | -1.22% |
| Other Changes | CN¥4.83 Million | +0.15% |
| Total Change | CN¥- | -9.95% |
Book Value vs Market Value Analysis
This analysis compares Lonyer Fuels'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: 0.28x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥9.44 | CN¥2.44 | x |
| 2018-12-31 | CN¥9.57 | CN¥2.44 | x |
| 2019-12-31 | CN¥9.36 | CN¥2.44 | x |
| 2020-12-31 | CN¥9.08 | CN¥2.44 | x |
| 2021-12-31 | CN¥8.84 | CN¥2.44 | x |
| 2022-12-31 | CN¥8.97 | CN¥2.44 | x |
| 2023-12-31 | CN¥9.18 | CN¥2.44 | x |
| 2024-12-31 | CN¥8.84 | CN¥2.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lonyer Fuels 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): -9.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.61%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.19x
- Recent ROE (-9.97%) is below the historical average (4.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 20.73% | 1.77% | 5.18x | 2.26x | CN¥34.08 Million |
| 2010 | 20.16% | 1.75% | 4.81x | 2.39x | CN¥40.43 Million |
| 2011 | 17.01% | 1.50% | 5.12x | 2.22x | CN¥33.59 Million |
| 2012 | 6.93% | 0.75% | 4.62x | 2.00x | CN¥-25.88 Million |
| 2014 | 0.94% | 0.14% | 3.09x | 2.17x | CN¥-71.33 Million |
| 2016 | 0.67% | 0.17% | 2.95x | 1.31x | CN¥-383.06 Million |
| 2017 | 1.42% | 0.35% | 2.67x | 1.52x | CN¥-357.25 Million |
| 2018 | 1.59% | 0.40% | 2.85x | 1.41x | CN¥-335.01 Million |
| 2019 | 0.17% | 0.05% | 2.27x | 1.52x | CN¥-383.36 Million |
| 2020 | -1.79% | -0.76% | 2.10x | 1.12x | CN¥-445.59 Million |
| 2021 | -4.19% | -1.87% | 1.87x | 1.20x | CN¥-504.77 Million |
| 2022 | 0.90% | 0.32% | 2.25x | 1.23x | CN¥-328.45 Million |
| 2023 | 1.79% | 2.11% | 0.61x | 1.39x | CN¥-303.38 Million |
| 2024 | -9.97% | -23.61% | 0.36x | 1.19x | CN¥-664.23 Million |
Industry Comparison
This section compares Lonyer Fuels's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $4,511,487,777
- Average return on equity (ROE) among peers: 7.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lonyer Fuels (603003) | CN¥3.32 Billion | 20.73% | 0.15x | $134.35 Million |
| Shenzhen Guangju Energy Co Ltd (000096) | $1.39 Billion | 9.60% | 0.19x | $751.77 Million |
| Xinjiang International Industry Co Ltd (000159) | $2.44 Billion | 3.31% | 0.52x | $457.21 Million |
| Shandong Shengli Co Ltd (000407) | $606.30 Million | 4.80% | 0.84x | $623.31 Million |
| Sinopec Shandong Taishan Petroleum Co Ltd (000554) | $950.15 Million | 7.51% | 0.11x | $576.21 Million |
| Jiangsu Gaoke Petrochemical Co (002778) | $255.01 Million | 16.25% | 1.11x | $369.67 Million |
| Ningbo Bohui Chemical Technology (300839) | $-4.85 Million | 0.00% | 0.00x | $632.76 Million |
| HY Energy Group Co Ltd (600387) | $3.20 Billion | 14.95% | 0.42x | $64.39 Million |
| Sinopec Shanghai Petrochemical Co Ltd Class A (600688) | $30.38 Billion | 6.59% | 0.54x | $3.34 Billion |
| Jiangsu Lopal Tech Co Ltd (603906) | $1.39 Billion | 5.88% | 0.47x | $2.74 Billion |
About Lonyer Fuels
Shanghai Lonyer Data Co., Ltd. trades in oil products in China. It provides digital ecological services; and petrochemical resources, such as data center, cloud computing, big data services and petrochemical trade, maritime transportation, and water refueling services. The company was formerly known as Shanghai Longyu Fuel Co., Ltd. The company was founded in 1997 and is based in Shanghai, China.