Guangzhou Lushan New Materials Co. Ltd.
Guangzhou Lushan New Materials Co., Ltd. manufactures and sells functional polymer materials worldwide. The company offers functional polyolefin hot melt adhesive materials, solar cell encapsulation films, functional hot melt adhesive films, and thermoplastic optically transparent films. Its products are used in new energy, optoelectronic displays, home furnishings & building materials, composite… Read more
Guangzhou Lushan New Materials Co. Ltd. (603051) - Net Assets
Latest net assets as of June 2025: CN¥1.58 Billion CNY
Based on the latest financial reports, Guangzhou Lushan New Materials Co. Ltd. (603051) has net assets worth CN¥1.58 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.47 Billion) and total liabilities (CN¥888.15 Million). 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¥1.58 Billion |
| % of Total Assets | 63.99% |
| Annual Growth Rate | 24.25% |
| 5-Year Change | 142.84% |
| 10-Year Change | N/A |
| Growth Volatility | 25.76 |
Guangzhou Lushan New Materials Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Guangzhou Lushan New Materials Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangzhou Lushan New Materials Co. Ltd. (2019–2024)
The table below shows the annual net assets of Guangzhou Lushan New Materials Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.56 Billion | +18.57% |
| 2023-12-31 | CN¥1.32 Billion | -0.80% |
| 2022-12-31 | CN¥1.33 Billion | +75.59% |
| 2021-12-31 | CN¥755.28 Million | +17.59% |
| 2020-12-31 | CN¥642.31 Million | +21.98% |
| 2019-12-31 | CN¥526.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Lushan New Materials 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 56.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥390.27 Million | 25.02% |
| Other Components | CN¥1.17 Billion | 74.98% |
| Total Equity | CN¥1.56 Billion | 100.00% |
Guangzhou Lushan New Materials Co. Ltd. Competitors by Market Cap
The table below lists competitors of Guangzhou Lushan New Materials Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Riskified Ltd
NYSE:RSKD
|
$282.09 Million |
|
IGB Bhd
KLSE:5606
|
$282.09 Million |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
$282.35 Million |
|
Bumitama Agri Ltd
F:2BU
|
$282.39 Million |
|
Latin Resources Limited
PINK:LRSRF
|
$281.81 Million |
|
Wuxi Acryl Technology Co Ltd
SHG:603722
|
$281.80 Million |
|
GS P&L CO LTD
KO:499790
|
$281.78 Million |
|
Bank of Ayudhya Public Company Limited
PINK:BKAYF
|
$281.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Lushan New Materials Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,315,568,099 to 1,559,805,215, a change of 244,237,116 (18.6%).
- Net income of 16,935,639 contributed positively to equity growth.
- Dividend payments of 17,089,211 reduced retained earnings.
- Other factors increased equity by 244,390,689.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥16.94 Million | +1.09% |
| Dividends Paid | CN¥17.09 Million | -1.1% |
| Other Changes | CN¥244.39 Million | +15.67% |
| Total Change | CN¥- | 18.57% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Lushan New Materials 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: 2.11x
- 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 2.94x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥7.63 | CN¥22.45 | x |
| 2020-12-31 | CN¥9.31 | CN¥22.45 | x |
| 2021-12-31 | CN¥7.82 | CN¥22.45 | x |
| 2022-12-31 | CN¥10.15 | CN¥22.45 | x |
| 2023-12-31 | CN¥10.07 | CN¥22.45 | x |
| 2024-12-31 | CN¥10.65 | CN¥22.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Lushan New Materials 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): 1.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.62x
- Recent ROE (1.09%) is below the historical average (7.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.66% | 9.05% | 1.08x | 1.39x | CN¥19.29 Million |
| 2020 | 18.02% | 11.44% | 1.04x | 1.51x | CN¥51.51 Million |
| 2021 | 14.96% | 6.67% | 1.24x | 1.81x | CN¥37.44 Million |
| 2022 | 5.64% | 2.86% | 1.05x | 1.88x | CN¥-57.78 Million |
| 2023 | -6.56% | -2.93% | 1.08x | 2.08x | CN¥-217.87 Million |
| 2024 | 1.09% | 0.82% | 0.82x | 1.62x | CN¥-139.04 Million |
Industry Comparison
This section compares Guangzhou Lushan New Materials Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Lushan New Materials Co. Ltd. (603051) | CN¥1.58 Billion | 13.66% | 0.56x | $282.03 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |