Longyan Zhuoyue New Energy Co Ltd
Longyan Zhuoyue New Energy Co., Ltd., a renewable company, engages in the producing and sale of biodiesel and bio-based materials from waste oil resources in China. It offers bioester plasticizers, industrial glycerin, and alkyd resins. The company also exports its products. The company was founded in 2001 and is based in Longyan, China.
Longyan Zhuoyue New Energy Co Ltd (688196) - Net Assets
Latest net assets as of June 2025: CN¥2.86 Billion CNY
Based on the latest financial reports, Longyan Zhuoyue New Energy Co Ltd (688196) has net assets worth CN¥2.86 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.64 Billion) and total liabilities (CN¥781.60 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¥2.86 Billion |
| % of Total Assets | 78.53% |
| Annual Growth Rate | 24.86% |
| 5-Year Change | 25.59% |
| 10-Year Change | N/A |
| Growth Volatility | 69.1 |
Longyan Zhuoyue New Energy Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Longyan Zhuoyue New Energy 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 Longyan Zhuoyue New Energy Co Ltd (2016–2024)
The table below shows the annual net assets of Longyan Zhuoyue New Energy Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.79 Billion | +4.20% |
| 2023-12-31 | CN¥2.68 Billion | -3.72% |
| 2022-12-31 | CN¥2.78 Billion | +12.70% |
| 2021-12-31 | CN¥2.47 Billion | +11.08% |
| 2020-12-31 | CN¥2.22 Billion | +7.54% |
| 2019-12-31 | CN¥2.07 Billion | +217.43% |
| 2018-12-31 | CN¥651.44 Million | +21.19% |
| 2017-12-31 | CN¥537.56 Million | +13.71% |
| 2016-12-31 | CN¥472.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Longyan Zhuoyue New Energy 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 359.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.35 Billion | 48.44% |
| Other Components | CN¥1.44 Billion | 51.56% |
| Total Equity | CN¥2.79 Billion | 100.00% |
Longyan Zhuoyue New Energy Co Ltd Competitors by Market Cap
The table below lists competitors of Longyan Zhuoyue New Energy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sabre Corpo
NASDAQ:SABR
|
$375.34 Million |
|
Hengbo Holdings Co. Ltd. A
SHE:301225
|
$375.39 Million |
|
Schweitzer-Mauduit International Inc
F:MH2
|
$375.42 Million |
|
Xinjiang Talimu Agriculture Development Co Ltd
SHG:600359
|
$375.42 Million |
|
EMX Royalty Corp
NYSE MKT:EMX
|
$375.28 Million |
|
Guangdong Enpack Packaging Co Ltd
SHE:002846
|
$375.08 Million |
|
Clean Science and Technology Limited
NSE:CLEAN
|
$375.05 Million |
|
BLUE LABEL
MU:5TP
|
$374.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Longyan Zhuoyue New Energy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,680,255,610 to 2,792,727,739, a change of 112,472,129 (4.2%).
- Net income of 149,018,836 contributed positively to equity growth.
- Dividend payments of 44,015,025 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥149.02 Million | +5.34% |
| Dividends Paid | CN¥44.02 Million | -1.58% |
| Other Changes | CN¥7.47 Million | +0.27% |
| Total Change | CN¥- | 4.20% |
Book Value vs Market Value Analysis
This analysis compares Longyan Zhuoyue New Energy 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: 3.41x
- 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 13.29x to 3.41x 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¥5.97 | CN¥79.39 | x |
| 2018-12-31 | CN¥7.24 | CN¥79.39 | x |
| 2019-12-31 | CN¥17.23 | CN¥79.39 | x |
| 2020-12-31 | CN¥18.53 | CN¥79.39 | x |
| 2021-12-31 | CN¥20.58 | CN¥79.39 | x |
| 2022-12-31 | CN¥23.20 | CN¥79.39 | x |
| 2023-12-31 | CN¥22.34 | CN¥79.39 | x |
| 2024-12-31 | CN¥23.27 | CN¥79.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Longyan Zhuoyue New Energy 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): 5.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.18%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.28x
- Recent ROE (5.34%) is below the historical average (11.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.67% | 10.83% | 0.77x | 1.28x | CN¥3.18 Million |
| 2017 | 12.06% | 7.43% | 1.26x | 1.29x | CN¥11.06 Million |
| 2018 | 20.52% | 13.14% | 1.24x | 1.26x | CN¥68.54 Million |
| 2019 | 10.42% | 16.65% | 0.61x | 1.03x | CN¥8.77 Million |
| 2020 | 10.89% | 15.15% | 0.70x | 1.03x | CN¥19.85 Million |
| 2021 | 13.96% | 11.18% | 1.20x | 1.04x | CN¥97.75 Million |
| 2022 | 16.23% | 10.40% | 1.46x | 1.07x | CN¥173.35 Million |
| 2023 | 2.93% | 2.80% | 0.92x | 1.14x | CN¥-189.41 Million |
| 2024 | 5.34% | 4.18% | 1.00x | 1.28x | CN¥-130.25 Million |
Industry Comparison
This section compares Longyan Zhuoyue New Energy 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 |
|---|---|---|---|---|
| Longyan Zhuoyue New Energy Co Ltd (688196) | CN¥2.86 Billion | 10.67% | 0.27x | $375.32 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 |