Guangdong Liantai Environmental Protection Co Ltd (603797) - Net Assets
Based on the latest financial reports, Guangdong Liantai Environmental Protection Co Ltd (603797) has net assets worth CN¥3.46 Billion CNY (≈ $505.75 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¥9.97 Billion ≈ $1.46 Billion USD) and total liabilities (CN¥6.52 Billion ≈ $953.53 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 Guangdong Liantai Environmental Protecti (603797) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Guangdong Liantai Environmental Protecti for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Guangdong Liantai Environmental Protecti market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.39 Billion ≈ $495.43 Million |
+5.79% |
| 2023-12-31 | CN¥3.20 Billion ≈ $468.31 Million |
+8.88% |
| 2022-12-31 | CN¥2.94 Billion ≈ $430.13 Million |
-1.79% |
| 2021-12-31 | CN¥2.99 Billion ≈ $437.98 Million |
+59.33% |
| 2020-12-31 | CN¥1.88 Billion ≈ $274.88 Million |
+20.53% |
| 2019-12-31 | CN¥1.56 Billion ≈ $228.07 Million |
+35.49% |
| 2018-12-31 | CN¥1.15 Billion ≈ $168.33 Million |
+12.67% |
| 2017-12-31 | CN¥1.02 Billion ≈ $149.40 Million |
+46.22% |
| 2016-12-31 | CN¥698.24 Million ≈ $102.17 Million |
+10.09% |
| 2015-12-31 | CN¥634.26 Million ≈ $92.81 Million |
+9.34% |
| 2014-12-31 | CN¥580.08 Million ≈ $84.88 Million |
+9.01% |
| 2013-12-31 | CN¥532.15 Million ≈ $77.87 Million |
+8.84% |
| 2012-12-31 | CN¥488.94 Million ≈ $71.55 Million |
+4.12% |
| 2011-12-31 | CN¥469.57 Million ≈ $68.71 Million |
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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.
| Company | Market Cap |
|---|---|
|
Luxfer Holdings PLC
NYSE:LXFR
|
$416.05 Million |
|
Chengdu Lihang Technology Co.Ltd.
SHG:603261
|
$416.23 Million |
|
Leenos Corp
KQ:039980
|
$416.38 Million |
|
RCE Capital Berhad
KLSE:9296
|
$416.49 Million |
|
Shanghai HYP-ARCH Architectural Design Consultant Co.Ltd.
SHE:301024
|
$415.91 Million |
|
Guangdong Real-Design Intelligent Technology Co. Ltd.
SHE:301135
|
$415.79 Million |
|
TSH Resources Bhd
KLSE:9059
|
$415.76 Million |
|
Desktop - Sigmanet Comunicação Multimídia S.A.
SA:DESK3
|
$415.68 Million |
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: 0.86x
- 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 3.48x to 0.86x 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¥4.93 | x |
| 2012-12-31 | CN¥1.56 | CN¥4.93 | x |
| 2013-12-31 | CN¥1.70 | CN¥4.93 | x |
| 2014-12-31 | CN¥1.85 | CN¥4.93 | x |
| 2015-12-31 | CN¥2.03 | CN¥4.93 | x |
| 2016-12-31 | CN¥2.24 | CN¥4.93 | x |
| 2017-12-31 | CN¥2.66 | CN¥4.93 | x |
| 2018-12-31 | CN¥2.61 | CN¥4.93 | x |
| 2019-12-31 | CN¥2.99 | CN¥4.93 | x |
| 2020-12-31 | CN¥3.59 | CN¥4.93 | x |
| 2021-12-31 | CN¥4.99 | CN¥4.93 | x |
| 2022-12-31 | CN¥4.73 | CN¥4.93 | x |
| 2023-12-31 | CN¥5.20 | CN¥4.93 | x |
| 2024-12-31 | CN¥5.75 | CN¥4.93 | 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: $2,480,212,706
- Average return on equity (ROE) among peers: 11.10%
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 | $415.97 Million |
| China Tianying Inc (000035) | $202.06 Million | 18.56% | 5.65x | $2.30 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $-388.47 Million | 0.00% | 0.00x | $2.37 Billion |
| BECE Legend Group Co Ltd (000803) | $158.91 Million | 2.12% | 0.87x | $584.76 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $1.39 Billion | 14.92% | 1.14x | $433.83 Million |
| Wangneng Environment Co Ltd (002034) | $3.66 Billion | 8.38% | 0.70x | $1.17 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $124.67 Million | 30.75% | 1.13x | $2.83 Billion |
| GEM Co Ltd (002340) | $14.09 Billion | 2.93% | 1.11x | $6.91 Billion |
| Dongjiang Environmental Co Ltd (002672) | $3.22 Billion | 10.33% | 1.08x | $584.09 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $668.08 Million | 13.43% | 0.54x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.69 Billion | 9.63% | 0.34x | $498.88 Million |
About Guangdong Liantai Environmental Protection Co Ltd
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