Lutian Machinery Co Ltd
Lutian Machinery Co., Ltd. engages in the research, design, development, production, and sale of general power machinery and high-pressure washers in China. It offers high pressure washers, such as commercial and consumer washers; power equipment, including engines, inverter generators, LT and LS generators, and water pumps; and pressure washer and power equipment accessories. It also exports its… Read more
Lutian Machinery Co Ltd (605259) - Net Assets
Latest net assets as of September 2025: CN¥1.79 Billion CNY
Based on the latest financial reports, Lutian Machinery Co Ltd (605259) has net assets worth CN¥1.79 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¥2.50 Billion) and total liabilities (CN¥702.28 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¥1.79 Billion |
| % of Total Assets | 71.87% |
| Annual Growth Rate | 22.03% |
| 5-Year Change | 155.31% |
| 10-Year Change | N/A |
| Growth Volatility | 32.31 |
Lutian Machinery Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Lutian Machinery 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 Lutian Machinery Co Ltd (2017–2024)
The table below shows the annual net assets of Lutian Machinery Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.70 Billion | +7.96% |
| 2023-12-31 | CN¥1.57 Billion | +6.27% |
| 2022-12-31 | CN¥1.48 Billion | +9.50% |
| 2021-12-31 | CN¥1.35 Billion | +103.22% |
| 2020-12-31 | CN¥664.68 Million | +21.43% |
| 2019-12-31 | CN¥547.38 Million | +19.68% |
| 2018-12-31 | CN¥457.37 Million | +8.64% |
| 2017-12-31 | CN¥421.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lutian Machinery 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 308.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥917.27 Million | 54.05% |
| Common Stock | CN¥172.48 Million | 10.16% |
| Other Comprehensive Income | CN¥84.27 Million | 4.97% |
| Other Components | CN¥522.96 Million | 30.82% |
| Total Equity | CN¥1.70 Billion | 100.00% |
Lutian Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Lutian Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ability Opto-Electronics Technology Co Ltd
TWO:3362
|
$217.44 Million |
|
Jiangyin Pivot Automotive Products Co. Ltd.
SHE:301181
|
$217.45 Million |
|
Australian Clinical Labs Ltd
AU:ACL
|
$217.50 Million |
|
Priority Technology Holdings Inc Unit
PINK:PRTHU
|
$217.59 Million |
|
dotdigital Group Plc
PINK:DOTDF
|
$217.43 Million |
|
Hansa Biopharma AB (publ)
PINK:HNSBF
|
$217.34 Million |
|
Nextool Technology Co. Ltd. A
SHG:688419
|
$217.22 Million |
|
Bestore Co Ltd
SHG:603719
|
$217.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lutian Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,571,802,634 to 1,696,987,636, a change of 125,185,002 (8.0%).
- Net income of 186,082,668 contributed positively to equity growth.
- Dividend payments of 61,600,000 reduced retained earnings.
- Other comprehensive income increased equity by 84,274,303.
- Other factors decreased equity by 83,571,969.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥186.08 Million | +10.97% |
| Dividends Paid | CN¥61.60 Million | -3.63% |
| Other Comprehensive Income | CN¥84.27 Million | +4.97% |
| Other Changes | CN¥-83.57 Million | -4.92% |
| Total Change | CN¥- | 7.96% |
Book Value vs Market Value Analysis
This analysis compares Lutian Machinery 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: 2.34x
- 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 3.65x to 2.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥6.33 | CN¥23.08 | x |
| 2018-12-31 | CN¥4.91 | CN¥23.08 | x |
| 2019-12-31 | CN¥4.44 | CN¥23.08 | x |
| 2020-12-31 | CN¥10.02 | CN¥23.08 | x |
| 2021-12-31 | CN¥10.96 | CN¥23.08 | x |
| 2022-12-31 | CN¥12.01 | CN¥23.08 | x |
| 2023-12-31 | CN¥12.76 | CN¥23.08 | x |
| 2024-12-31 | CN¥9.85 | CN¥23.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lutian Machinery 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): 10.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.27%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.61x
- Recent ROE (10.97%) is below the historical average (13.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 14.20% | 8.15% | 1.07x | 1.62x | CN¥17.68 Million |
| 2018 | 7.71% | 4.55% | 0.93x | 1.82x | CN¥-10.48 Million |
| 2019 | 16.20% | 8.45% | 1.07x | 1.80x | CN¥33.92 Million |
| 2020 | 17.45% | 9.47% | 1.01x | 1.83x | CN¥49.53 Million |
| 2021 | 11.78% | 9.91% | 0.83x | 1.43x | CN¥24.09 Million |
| 2022 | 14.54% | 13.28% | 0.75x | 1.45x | CN¥67.14 Million |
| 2023 | 11.45% | 11.06% | 0.74x | 1.39x | CN¥22.72 Million |
| 2024 | 10.97% | 8.27% | 0.82x | 1.61x | CN¥16.38 Million |
Industry Comparison
This section compares Lutian Machinery Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lutian Machinery Co Ltd (605259) | CN¥1.79 Billion | 14.20% | 0.39x | $217.43 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |