GuangDong Leary New Material Technology Co. Ltd. A
GuangDong Leary New Material Technology Co.,Ltd. engages in the provision of functional materials and its application products in China. The company offers functional film materials, such as melt adhesive film, pressure sensitive adhesive film, and decorative film materials; and functional film material application products, including FFC and LED flexible circuit boards. It also provides new ener… Read more
GuangDong Leary New Material Technology Co. Ltd. A (688683) - Net Assets
Latest net assets as of September 2025: CN¥1.14 Billion CNY
Based on the latest financial reports, GuangDong Leary New Material Technology Co. Ltd. A (688683) has net assets worth CN¥1.14 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¥1.79 Billion) and total liabilities (CN¥652.65 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¥1.14 Billion |
| % of Total Assets | 63.59% |
| Annual Growth Rate | 26.6% |
| 5-Year Change | 117.45% |
| 10-Year Change | N/A |
| Growth Volatility | 23.01 |
GuangDong Leary New Material Technology Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how GuangDong Leary New Material Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GuangDong Leary New Material Technology Co. Ltd. A (2017–2024)
The table below shows the annual net assets of GuangDong Leary New Material Technology Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | +2.47% |
| 2023-12-31 | CN¥1.05 Billion | +4.23% |
| 2022-12-31 | CN¥1.01 Billion | +20.86% |
| 2021-12-31 | CN¥835.56 Million | +68.46% |
| 2020-12-31 | CN¥496.00 Million | +14.63% |
| 2019-12-31 | CN¥432.69 Million | +50.41% |
| 2018-12-31 | CN¥287.67 Million | +39.06% |
| 2017-12-31 | CN¥206.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GuangDong Leary New Material Technology Co. Ltd. A'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 511.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥289.29 Million | 28.84% |
| Common Stock | CN¥155.18 Million | 15.47% |
| Other Components | CN¥558.55 Million | 55.69% |
| Total Equity | CN¥1.00 Billion | 100.00% |
GuangDong Leary New Material Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of GuangDong Leary New Material Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianyang Hot Mel
SHG:603330
|
$267.91 Million |
|
Qudian Inc
NYSE:QD
|
$267.92 Million |
|
Enanta Pharmaceuticals Inc
NASDAQ:ENTA
|
$268.04 Million |
|
Ningbo Ocean Shipping Co. Ltd. A
SHG:601022
|
$268.04 Million |
|
Electrosteel Castings Limited
NSE:ELECTCAST
|
$267.80 Million |
|
Binggrae
KO:005180
|
$267.76 Million |
|
Blockchain Group SA
PA:ALTBG
|
$267.70 Million |
|
Bombay Burmah Trading Corporation Limited
NSE:BBTC
|
$267.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GuangDong Leary New Material Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,005,704,288 to 1,003,015,805, a change of -2,688,483 (-0.3%).
- Net income of 37,356,317 contributed positively to equity growth.
- Dividend payments of 11,904,652 reduced retained earnings.
- Other factors decreased equity by 28,140,148.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥37.36 Million | +3.72% |
| Dividends Paid | CN¥11.90 Million | -1.19% |
| Other Changes | CN¥-28.14 Million | -2.81% |
| Total Change | CN¥- | -0.27% |
Book Value vs Market Value Analysis
This analysis compares GuangDong Leary New Material Technology Co. Ltd. A'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: 5.72x
- 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 17.18x to 5.72x 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¥2.17 | CN¥37.35 | x |
| 2018-12-31 | CN¥2.87 | CN¥37.35 | x |
| 2019-12-31 | CN¥2.91 | CN¥37.35 | x |
| 2020-12-31 | CN¥4.47 | CN¥37.35 | x |
| 2021-12-31 | CN¥5.62 | CN¥37.35 | x |
| 2022-12-31 | CN¥6.48 | CN¥37.35 | x |
| 2023-12-31 | CN¥6.53 | CN¥37.35 | x |
| 2024-12-31 | CN¥6.53 | CN¥37.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GuangDong Leary New Material Technology Co. Ltd. A 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): 3.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.11%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.45x
- Recent ROE (3.72%) is below the historical average (11.07%), 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 | 22.53% | 12.72% | 1.24x | 1.43x | CN¥25.93 Million |
| 2018 | 19.51% | 14.55% | 1.01x | 1.33x | CN¥27.35 Million |
| 2019 | 14.10% | 16.02% | 0.76x | 1.16x | CN¥17.76 Million |
| 2020 | 12.76% | 15.79% | 0.67x | 1.20x | CN¥13.71 Million |
| 2021 | 8.11% | 14.89% | 0.47x | 1.16x | CN¥-15.81 Million |
| 2022 | 4.94% | 10.02% | 0.42x | 1.18x | CN¥-48.83 Million |
| 2023 | 2.91% | 6.68% | 0.37x | 1.17x | CN¥-71.32 Million |
| 2024 | 3.72% | 7.11% | 0.36x | 1.45x | CN¥-62.95 Million |
Industry Comparison
This section compares GuangDong Leary New Material Technology Co. Ltd. A's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GuangDong Leary New Material Technology Co. Ltd. A (688683) | CN¥1.14 Billion | 22.53% | 0.57x | $267.87 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |