Changzhou Langbo Seal Polytron Technologies Co Ltd Class A (603655) - Net Assets
Based on the latest financial reports, Changzhou Langbo Seal Polytron Technologies Co Ltd Class A (603655) has net assets worth CN¥554.92 Million CNY (≈ $81.20 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥598.16 Million ≈ $87.53 Million USD) and total liabilities (CN¥43.24 Million ≈ $6.33 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 Changzhou Langbo Seal Polytron Technolog (603655) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥554.92 Million |
| % of Total Assets | 92.77% |
| Annual Growth Rate | 11.05% |
| 5-Year Change | 6.71% |
| 10-Year Change | 112.86% |
| Growth Volatility | 17.45 |
Changzhou Langbo Seal Polytron Technologies Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Changzhou Langbo Seal Polytron Technologies Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 603655 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Changzhou Langbo Seal Polytron Technologies Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Changzhou Langbo Seal Polytron Technologies Co Ltd Class A from 2013 to 2024. For live valuation and market cap data, see Changzhou Langbo Seal Polytron Technolog (603655) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥542.33 Million ≈ $79.36 Million |
+0.10% |
| 2023-12-31 | CN¥541.80 Million ≈ $79.28 Million |
+2.80% |
| 2022-12-31 | CN¥527.07 Million ≈ $77.13 Million |
+0.90% |
| 2021-12-31 | CN¥522.38 Million ≈ $76.44 Million |
+2.78% |
| 2020-12-31 | CN¥508.24 Million ≈ $74.37 Million |
+3.06% |
| 2019-12-31 | CN¥493.13 Million ≈ $72.16 Million |
+2.56% |
| 2018-12-31 | CN¥480.81 Million ≈ $70.36 Million |
+4.25% |
| 2017-12-31 | CN¥461.20 Million ≈ $67.49 Million |
+61.85% |
| 2016-12-31 | CN¥284.96 Million ≈ $41.70 Million |
+11.85% |
| 2015-12-31 | CN¥254.78 Million ≈ $37.28 Million |
+23.30% |
| 2014-12-31 | CN¥206.64 Million ≈ $30.24 Million |
+20.65% |
| 2013-12-31 | CN¥171.28 Million ≈ $25.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Changzhou Langbo Seal Polytron Technologies Co Ltd Class A'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 58.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥143.37 Million | 26.44% |
| Common Stock | CN¥106.00 Million | 19.55% |
| Other Comprehensive Income | CN¥23.73 Million | 4.38% |
| Other Components | CN¥269.23 Million | 49.64% |
| Total Equity | CN¥542.33 Million | 100.00% |
Changzhou Langbo Seal Polytron Technologies Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Changzhou Langbo Seal Polytron Technologies Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ShenZhen GAD Environmental Technology Co. Ltd.
SHE:300854
|
$602.57 Million |
|
Waga Energy SA
PA:WAGA
|
$603.02 Million |
|
Gansu Yatai Industrial Development Co Ltd
SHE:000691
|
$603.13 Million |
|
HealthStream Inc
NASDAQ:HSTM
|
$603.15 Million |
|
Civmec Ltd
AU:CVL
|
$602.19 Million |
|
Guangzhou Pearl River Industrial Development Co Ltd
SHG:600684
|
$602.09 Million |
|
Forus S.A
SN:FORUS
|
$601.56 Million |
|
Dexterra Group Inc
TO:DXT
|
$601.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changzhou Langbo Seal Polytron Technologies Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 541,804,032 to 542,327,278, a change of 523,246 (0.1%).
- Net income of 27,922,711 contributed positively to equity growth.
- Dividend payments of 12,606,000 reduced retained earnings.
- Share repurchases of 14,793,465 reduced equity.
- Other comprehensive income increased equity by 2,895,910.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.92 Million | +5.15% |
| Dividends Paid | CN¥12.61 Million | -2.32% |
| Share Repurchases | CN¥14.79 Million | -2.73% |
| Other Comprehensive Income | CN¥2.90 Million | +0.53% |
| Other Changes | CN¥-2.90 Million | -0.53% |
| Total Change | CN¥- | 0.10% |
Book Value vs Market Value Analysis
This analysis compares Changzhou Langbo Seal Polytron Technologies Co Ltd Class A'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: 7.69x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.60x to 7.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.66 | CN¥38.83 | x |
| 2014-12-31 | CN¥3.21 | CN¥38.83 | x |
| 2015-12-31 | CN¥3.96 | CN¥38.83 | x |
| 2016-12-31 | CN¥3.59 | CN¥38.83 | x |
| 2017-12-31 | CN¥5.75 | CN¥38.83 | x |
| 2018-12-31 | CN¥4.46 | CN¥38.83 | x |
| 2019-12-31 | CN¥4.65 | CN¥38.83 | x |
| 2020-12-31 | CN¥4.79 | CN¥38.83 | x |
| 2021-12-31 | CN¥4.93 | CN¥38.83 | x |
| 2022-12-31 | CN¥4.97 | CN¥38.83 | x |
| 2023-12-31 | CN¥5.14 | CN¥38.83 | x |
| 2024-12-31 | CN¥5.05 | CN¥38.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changzhou Langbo Seal Polytron Technologies Co Ltd Class A 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): 5.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.07%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.09x
- Recent ROE (5.15%) is below the historical average (8.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.89% | 25.46% | 0.67x | 1.23x | CN¥18.65 Million |
| 2014 | 16.99% | 26.26% | 0.52x | 1.25x | CN¥14.45 Million |
| 2015 | 13.40% | 23.99% | 0.47x | 1.18x | CN¥8.66 Million |
| 2016 | 10.59% | 19.31% | 0.49x | 1.12x | CN¥1.69 Million |
| 2017 | 7.65% | 18.81% | 0.38x | 1.08x | CN¥-10.85 Million |
| 2018 | 6.28% | 17.33% | 0.34x | 1.07x | CN¥-17.87 Million |
| 2019 | 4.65% | 14.33% | 0.31x | 1.06x | CN¥-26.39 Million |
| 2020 | 4.43% | 13.36% | 0.31x | 1.07x | CN¥-28.29 Million |
| 2021 | 4.74% | 12.80% | 0.34x | 1.07x | CN¥-27.50 Million |
| 2022 | 2.90% | 8.68% | 0.31x | 1.07x | CN¥-37.42 Million |
| 2023 | 3.70% | 10.17% | 0.34x | 1.08x | CN¥-34.14 Million |
| 2024 | 5.15% | 12.07% | 0.39x | 1.09x | CN¥-26.31 Million |
Industry Comparison
This section compares Changzhou Langbo Seal Polytron Technologies Co Ltd Class A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,794,016,570
- Average return on equity (ROE) among peers: 8.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changzhou Langbo Seal Polytron Technologies Co Ltd Class A (603655) | CN¥554.92 Million | 20.89% | 0.08x | $602.30 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.47 Billion | 0.00% | 0.00x | $1.16 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.36 Billion | 16.22% | 1.73x | $8.16 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $18.43 Billion | 0.64% | 0.55x | $2.32 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $897.72 Million | 3.99% | 2.04x | $1.09 Billion |
| Qingdao Doublestar Co Ltd (000599) | $814.28 Million | 5.05% | 2.07x | $1.81 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $234.38 Million | 6.33% | 1.15x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.32 Billion | 0.87% | 1.12x | $842.71 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.33 Billion | 0.47% | 2.18x | $2.15 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $332.86 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $921.30 Million | 21.71% | 0.91x | $4.06 Billion |
About Changzhou Langbo Seal Polytron Technologies Co Ltd Class A
Changzhou Langbo Sealing Technologies Co.,Ltd. researches and develops, designs, produces, and sells precision seals, rubber and plastic products, metal processing parts, and precision cavity molds in China. The company provides auto turbo tubes, automotive fuel system seals, auto gearbox fuel tank, automobile engine oil seals, automobile brake system rubber parts, automotive brake booster rubber… Read more