Guangdong Liantai Environmental Protection Co Ltd

SHG:603797 China Waste Management
Market Cap
$403.15 Million
CN¥2.96 Billion CNY
Market Cap Rank
#15830 Global
#4219 in China
Share Price
CN¥5.13
Change (1 day)
-0.39%
52-Week Range
CN¥3.68 - CN¥5.20
All Time High
CN¥15.00
About

Guangdong Liantai Environmental Protection Co.,Ltd. offers environmental products and services in China. The company engages in the investment, construction, and operation management of urban and rural sewage treatment facilities; provision of technical services for sewage treatment; black and odorous water remediation and ecological project investment; and soil restoration, heavy metal pollution… Read more

Guangdong Liantai Environmental Protection Co Ltd (603797) - Net Assets

Latest net assets as of September 2025: CN¥3.46 Billion CNY

Based on the latest financial reports, Guangdong Liantai Environmental Protection Co Ltd (603797) has net assets worth CN¥3.46 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¥9.97 Billion) and total liabilities (CN¥6.52 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¥3.46 Billion
% of Total Assets 34.66%
Annual Growth Rate 16.41%
5-Year Change 80.23%
10-Year Change 433.8%
Growth Volatility 17.46

Guangdong Liantai Environmental Protection Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Guangdong Liantai Environmental Protection 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 Guangdong Liantai Environmental Protection Co Ltd (2011–2024)

The table below shows the annual net assets of Guangdong Liantai Environmental Protection Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.39 Billion +5.79%
2023-12-31 CN¥3.20 Billion +8.88%
2022-12-31 CN¥2.94 Billion -1.79%
2021-12-31 CN¥2.99 Billion +59.33%
2020-12-31 CN¥1.88 Billion +20.53%
2019-12-31 CN¥1.56 Billion +35.49%
2018-12-31 CN¥1.15 Billion +12.67%
2017-12-31 CN¥1.02 Billion +46.22%
2016-12-31 CN¥698.24 Million +10.09%
2015-12-31 CN¥634.26 Million +9.34%
2014-12-31 CN¥580.08 Million +9.01%
2013-12-31 CN¥532.15 Million +8.84%
2012-12-31 CN¥488.94 Million +4.12%
2011-12-31 CN¥469.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong Liantai Environmental Protection 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 5114.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.39 Billion 43.04%
Common Stock CN¥584.23 Million 18.12%
Other Components CN¥1.25 Billion 38.84%
Total Equity CN¥3.22 Billion 100.00%

Guangdong Liantai Environmental Protection Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong Liantai Environmental Protection Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangdong Liantai Environmental Protection Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,044,143,121 to 3,224,204,750, a change of 180,061,629 (5.9%).
  • Net income of 179,530,812 contributed positively to equity growth.
  • Dividend payments of 240,983,910 reduced retained earnings.
  • Other factors increased equity by 241,514,727.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥179.53 Million +5.57%
Dividends Paid CN¥240.98 Million -7.47%
Other Changes CN¥241.51 Million +7.49%
Total Change CN¥- 5.92%

Book Value vs Market Value Analysis

This analysis compares Guangdong Liantai Environmental Protection 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: 0.89x
  • 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.
  • The price-to-book ratio has decreased from 3.63x to 0.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥1.41 CN¥5.13 x
2012-12-31 CN¥1.56 CN¥5.13 x
2013-12-31 CN¥1.70 CN¥5.13 x
2014-12-31 CN¥1.85 CN¥5.13 x
2015-12-31 CN¥2.03 CN¥5.13 x
2016-12-31 CN¥2.24 CN¥5.13 x
2017-12-31 CN¥2.66 CN¥5.13 x
2018-12-31 CN¥2.61 CN¥5.13 x
2019-12-31 CN¥2.99 CN¥5.13 x
2020-12-31 CN¥3.59 CN¥5.13 x
2021-12-31 CN¥4.99 CN¥5.13 x
2022-12-31 CN¥4.73 CN¥5.13 x
2023-12-31 CN¥5.20 CN¥5.13 x
2024-12-31 CN¥5.75 CN¥5.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong Liantai Environmental Protection 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): 5.57%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.28%
  • • Asset Turnover: 0.10x
  • • Equity Multiplier: 3.09x
  • Recent ROE (5.57%) is below the historical average (8.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 8.30% 19.40% 0.13x 3.23x CN¥-7.65 Million
2012 7.87% 18.53% 0.14x 2.94x CN¥-10.44 Million
2013 8.12% 19.73% 0.15x 2.67x CN¥-10.00 Million
2014 8.26% 21.61% 0.15x 2.47x CN¥-10.08 Million
2015 8.54% 25.72% 0.13x 2.61x CN¥-9.25 Million
2016 9.10% 31.53% 0.09x 3.22x CN¥-6.29 Million
2017 6.33% 34.99% 0.07x 2.77x CN¥-37.43 Million
2018 6.85% 29.24% 0.07x 3.53x CN¥-33.74 Million
2019 12.20% 36.05% 0.09x 3.74x CN¥31.72 Million
2020 14.49% 39.51% 0.08x 4.85x CN¥73.91 Million
2021 11.22% 38.65% 0.08x 3.61x CN¥33.02 Million
2022 9.84% 28.19% 0.10x 3.58x CN¥-4.51 Million
2023 7.31% 16.22% 0.13x 3.38x CN¥-81.83 Million
2024 5.57% 17.28% 0.10x 3.09x CN¥-142.89 Million

Industry Comparison

This section compares Guangdong Liantai Environmental Protection Co Ltd's net assets metrics with peer companies in the Waste Management industry.

Industry Context

  • Industry: Waste Management
  • Average net assets among peers: $4,106,879,272
  • Average return on equity (ROE) among peers: 14.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong Liantai Environmental Protection Co Ltd (603797) CN¥3.46 Billion 8.30% 1.89x $171.03 Million
China Tianying Inc (000035) $220.73 Million 7.84% 0.98x $1.59 Billion
HeiLongJiang Kingland Technology Co Ltd (000711) $289.23 Million 13.01% 0.03x $1.02 Billion
BECE Legend Group Co Ltd (000803) $152.97 Million 2.06% 0.80x $433.08 Million
Tus-Sound Environmental Resources Co Ltd (000826) $185.66 Million 25.40% 0.88x $387.20 Million
Wangneng Environment Co Ltd (002034) $6.50 Billion 9.27% 1.22x $468.80 Million
Beijing Orient Landscape Co Ltd (002310) $9.44 Billion 13.72% 1.54x $2.06 Billion
Qiaoyin Environmental Tech Co Ltd (002973) $668.08 Million 13.43% 0.54x $279.42 Million
Tongxing Environmental Protection (003027) $424.42 Million 32.76% 0.86x $177.45 Million
Beijing Originwater Technology (300070) $23.11 Billion 5.97% 1.92x $1.14 Billion
Yonker Environmental Protect (300187) $82.81 Million 25.36% 2.22x $230.88 Million