Shanghai Luoman Lighting Technologies Inc.

SHG:605289 China Engineering & Construction
Market Cap
$1.98 Billion
CN¥14.53 Billion CNY
Market Cap Rank
#6916 Global
#1119 in China
Share Price
CN¥133.30
Change (1 day)
-3.42%
52-Week Range
CN¥20.17 - CN¥138.02
All Time High
CN¥138.02
About

Shanghai Luoman Technologies Inc. provides urban and rural landscape lighting solutions in China. The company offers lighting planning, and landscape lighting design and landscape lighting project construction, as well as other services, such as remote centralized control management services. Shanghai Luoman Technologies Inc. was founded in 1999 and is based in Shanghai, China.

Shanghai Luoman Lighting Technologies Inc. (605289) - Net Assets

Latest net assets as of September 2025: CN¥1.36 Billion CNY

Based on the latest financial reports, Shanghai Luoman Lighting Technologies Inc. (605289) has net assets worth CN¥1.36 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¥2.89 Billion) and total liabilities (CN¥1.53 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¥1.36 Billion
% of Total Assets 46.94%
Annual Growth Rate 23.04%
5-Year Change 92.87%
10-Year Change 1095.11%
Growth Volatility 36.38

Shanghai Luoman Lighting Technologies Inc. - Net Assets Trend (2011–2024)

This chart illustrates how Shanghai Luoman Lighting Technologies Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Luoman Lighting Technologies Inc. (2011–2024)

The table below shows the annual net assets of Shanghai Luoman Lighting Technologies Inc. from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.28 Billion -3.09%
2023-12-31 CN¥1.32 Billion +6.49%
2022-12-31 CN¥1.24 Billion -5.38%
2021-12-31 CN¥1.31 Billion +97.50%
2020-12-31 CN¥661.85 Million +19.35%
2019-12-31 CN¥554.53 Million +36.18%
2018-12-31 CN¥407.19 Million +42.07%
2017-12-31 CN¥286.61 Million +81.75%
2016-12-31 CN¥157.70 Million +47.64%
2015-12-31 CN¥106.81 Million +48.65%
2014-12-31 CN¥71.85 Million +17.79%
2013-12-31 CN¥61.00 Million -47.20%
2012-12-31 CN¥115.54 Million +34.17%
2011-12-31 CN¥86.12 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Luoman Lighting Technologies Inc.'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 679.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥514.20 Million 40.90%
Common Stock CN¥109.62 Million 8.72%
Other Components CN¥633.47 Million 50.38%
Total Equity CN¥1.26 Billion 100.00%

Shanghai Luoman Lighting Technologies Inc. Competitors by Market Cap

The table below lists competitors of Shanghai Luoman Lighting Technologies Inc. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Luoman Lighting Technologies Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,323,660,814 to 1,257,290,789, a change of -66,370,025 (-5.0%).
  • Net loss of 34,840,012 reduced equity.
  • Dividend payments of 31,920,515 reduced retained earnings.
  • Share repurchases of 11,383,900 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-34.84 Million -2.77%
Dividends Paid CN¥31.92 Million -2.54%
Share Repurchases CN¥11.38 Million -0.91%
Other Changes CN¥11.77 Million +0.94%
Total Change CN¥- -5.01%

Book Value vs Market Value Analysis

This analysis compares Shanghai Luoman Lighting Technologies Inc.'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: 11.54x
  • 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 89.33x to 11.54x 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¥1.49 CN¥133.30 x
2012-12-31 CN¥2.09 CN¥133.30 x
2013-12-31 CN¥0.96 CN¥133.30 x
2014-12-31 CN¥1.13 CN¥133.30 x
2015-12-31 CN¥1.58 CN¥133.30 x
2016-12-31 CN¥2.18 CN¥133.30 x
2017-12-31 CN¥3.68 CN¥133.30 x
2018-12-31 CN¥5.00 CN¥133.30 x
2019-12-31 CN¥5.10 CN¥133.30 x
2020-12-31 CN¥6.09 CN¥133.30 x
2021-12-31 CN¥12.05 CN¥133.30 x
2022-12-31 CN¥11.45 CN¥133.30 x
2023-12-31 CN¥12.16 CN¥133.30 x
2024-12-31 CN¥11.55 CN¥133.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Luoman Lighting Technologies Inc. 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): -2.77%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.07%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 1.78x
  • Recent ROE (-2.77%) is below the historical average (11.71%), 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 1.92% 2.05% 0.58x 1.62x CN¥-6.45 Million
2012 1.89% 3.18% 0.46x 1.29x CN¥-9.06 Million
2013 4.98% 4.46% 0.69x 1.61x CN¥-3.02 Million
2014 5.25% 3.46% 0.94x 1.62x CN¥-3.36 Million
2015 15.20% 15.82% 0.64x 1.51x CN¥5.45 Million
2016 21.60% 17.20% 0.69x 1.82x CN¥18.01 Million
2017 29.76% 24.58% 0.70x 1.73x CN¥56.51 Million
2018 29.60% 19.69% 0.72x 2.09x CN¥79.76 Million
2019 26.27% 20.96% 0.66x 1.89x CN¥89.96 Million
2020 16.36% 17.97% 0.49x 1.88x CN¥41.97 Million
2021 8.99% 15.94% 0.36x 1.58x CN¥-13.24 Million
2022 -1.22% -4.84% 0.17x 1.52x CN¥-139.11 Million
2023 6.08% 13.20% 0.30x 1.53x CN¥-51.83 Million
2024 -2.77% -5.07% 0.31x 1.78x CN¥-160.57 Million

Industry Comparison

This section compares Shanghai Luoman Lighting Technologies Inc.'s net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $2,293,171,469
  • Average return on equity (ROE) among peers: -19.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Luoman Lighting Technologies Inc. (605289) CN¥1.36 Billion 1.92% 1.13x $1.10 Billion
Shenzhen Ecobeauty Co Ltd (000010) $2.21 Billion 1.80% 1.20x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $273.69 Million 5.51% 1.09x $1.18 Billion
NORINCO International Cooperation Ltd (000065) $10.22 Billion 10.27% 1.39x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $1.08 Billion 6.39% 1.55x $602.43 Million
Shandong Hi-Speed Road&Bridge (000498) $433.84 Million -22.79% 2.88x $597.20 Million
Jinyuan Cement Co Ltd (000546) $4.61 Billion 0.86% 0.22x $312.99 Million
Hunan Investment Group Co Ltd (000548) $1.41 Billion 7.29% 0.50x $259.03 Million
ChengDu Hi-Tech Development Co Ltd (000628) $134.20 Million -202.04% 12.95x $1.18 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $307.94 Million -4.18% 0.33x $300.46 Million
Hainan Expressway Co Ltd (000886) $2.26 Billion 1.18% 0.16x $593.20 Million