Lily Group Co Ltd
Lily Group Co., Ltd. manufactures and sells organic pigments and pigment intermediates in the People's Republic of China. It offers paint, ink, plastic, and pearlescent pigments. The company was founded in 1989 and is based in Hangzhou, the People's Republic of China. Lily Group Co., Ltd. is a subsidiary of Lily Holding Co., Ltd.
Lily Group Co Ltd (603823) - Net Assets
Latest net assets as of September 2025: CN¥2.63 Billion CNY
Based on the latest financial reports, Lily Group Co Ltd (603823) has net assets worth CN¥2.63 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¥3.34 Billion) and total liabilities (CN¥715.05 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¥2.63 Billion |
| % of Total Assets | 78.61% |
| Annual Growth Rate | 13.13% |
| 5-Year Change | 28.22% |
| 10-Year Change | 247.75% |
| Growth Volatility | 20.56 |
Lily Group Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Lily Group 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 Lily Group Co Ltd (2011–2024)
The table below shows the annual net assets of Lily Group Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.57 Billion | +6.62% |
| 2023-12-31 | CN¥2.41 Billion | +0.58% |
| 2022-12-31 | CN¥2.39 Billion | +5.84% |
| 2021-12-31 | CN¥2.26 Billion | +12.96% |
| 2020-12-31 | CN¥2.00 Billion | +11.65% |
| 2019-12-31 | CN¥1.79 Billion | +11.50% |
| 2018-12-31 | CN¥1.61 Billion | +14.76% |
| 2017-12-31 | CN¥1.40 Billion | +7.90% |
| 2016-12-31 | CN¥1.30 Billion | +75.94% |
| 2015-12-31 | CN¥738.56 Million | +17.50% |
| 2014-12-31 | CN¥628.53 Million | +21.02% |
| 2013-12-31 | CN¥519.36 Million | +25.14% |
| 2012-12-31 | CN¥415.02 Million | -19.63% |
| 2011-12-31 | CN¥516.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lily Group 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 536.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.45 Billion | 61.55% |
| Common Stock | CN¥416.37 Million | 17.67% |
| Other Components | CN¥489.98 Million | 20.79% |
| Total Equity | CN¥2.36 Billion | 100.00% |
Lily Group Co Ltd Competitors by Market Cap
The table below lists competitors of Lily Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Wuyi Co Ltd
SHE:000797
|
$290.59 Million |
|
FD TECHNOLOGIES LS-005
F:GYQ
|
$290.60 Million |
|
Gansu Yatai Industrial Development Co Ltd
SHE:000691
|
$290.70 Million |
|
Stewards Inc.
NASDAQ:SWRD
|
$290.72 Million |
|
Quechen Silicon Chemical Co. Ltd.
SHG:605183
|
$290.56 Million |
|
Verastem Inc
NASDAQ:VSTM
|
$290.52 Million |
|
Navigator Global Investments Ltd
AU:NGI
|
$290.49 Million |
|
New Providence Acquisition Corp. III Units
NASDAQ:NPACU
|
$290.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lily Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,200,770,693 to 2,356,931,670, a change of 156,160,977 (7.1%).
- Net income of 176,058,764 contributed positively to equity growth.
- Dividend payments of 68,881,191 reduced retained earnings.
- Share repurchases of 5,857,356 reduced equity.
- Other factors increased equity by 54,840,760.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥176.06 Million | +7.47% |
| Dividends Paid | CN¥68.88 Million | -2.92% |
| Share Repurchases | CN¥5.86 Million | -0.25% |
| Other Changes | CN¥54.84 Million | +2.33% |
| Total Change | CN¥- | 7.10% |
Book Value vs Market Value Analysis
This analysis compares Lily Group 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: 2.93x
- 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 12.93x to 2.93x 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¥1.31 | CN¥16.88 | x |
| 2012-12-31 | CN¥0.97 | CN¥16.88 | x |
| 2013-12-31 | CN¥1.25 | CN¥16.88 | x |
| 2014-12-31 | CN¥1.55 | CN¥16.88 | x |
| 2015-12-31 | CN¥1.88 | CN¥16.88 | x |
| 2016-12-31 | CN¥3.49 | CN¥16.88 | x |
| 2017-12-31 | CN¥3.10 | CN¥16.88 | x |
| 2018-12-31 | CN¥3.46 | CN¥16.88 | x |
| 2019-12-31 | CN¥5.19 | CN¥16.88 | x |
| 2020-12-31 | CN¥4.34 | CN¥16.88 | x |
| 2021-12-31 | CN¥4.89 | CN¥16.88 | x |
| 2022-12-31 | CN¥5.20 | CN¥16.88 | x |
| 2023-12-31 | CN¥5.31 | CN¥16.88 | x |
| 2024-12-31 | CN¥5.76 | CN¥16.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lily Group 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): 7.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.33%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.46x
- Recent ROE (7.47%) is below the historical average (15.91%), 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 | 21.53% | 8.13% | 0.71x | 3.74x | CN¥47.85 Million |
| 2012 | 27.82% | 7.79% | 0.86x | 4.17x | CN¥56.31 Million |
| 2013 | 26.41% | 9.20% | 0.83x | 3.46x | CN¥67.42 Million |
| 2014 | 22.98% | 9.28% | 0.90x | 2.74x | CN¥66.48 Million |
| 2015 | 21.00% | 11.23% | 0.81x | 2.32x | CN¥67.99 Million |
| 2016 | 11.96% | 10.25% | 0.68x | 1.71x | CN¥22.80 Million |
| 2017 | 10.47% | 8.80% | 0.74x | 1.61x | CN¥6.00 Million |
| 2018 | 13.36% | 10.45% | 0.79x | 1.63x | CN¥47.65 Million |
| 2019 | 14.31% | 11.47% | 0.71x | 1.75x | CN¥68.48 Million |
| 2020 | 14.61% | 12.95% | 0.67x | 1.68x | CN¥81.88 Million |
| 2021 | 15.43% | 12.69% | 0.71x | 1.71x | CN¥109.73 Million |
| 2022 | 9.97% | 8.69% | 0.70x | 1.63x | CN¥-590.82K |
| 2023 | 5.46% | 5.26% | 0.67x | 1.54x | CN¥-99.86 Million |
| 2024 | 7.47% | 7.33% | 0.70x | 1.46x | CN¥-59.63 Million |
Industry Comparison
This section compares Lily Group 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 |
|---|---|---|---|---|
| Lily Group Co Ltd (603823) | CN¥2.63 Billion | 21.53% | 0.27x | $290.58 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 |