GuangDong Leary New Material Technology Co. Ltd. A (688683) - Net Assets
Based on the latest financial reports, GuangDong Leary New Material Technology Co. Ltd. A (688683) has net assets worth CN¥1.36 Billion CNY (≈ $198.42 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.12 Billion ≈ $310.44 Million USD) and total liabilities (CN¥765.56 Million ≈ $112.03 Million USD). 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. See GuangDong Leary New Material Technology (688683) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.36 Billion |
| % of Total Assets | 63.91% |
| Annual Growth Rate | 25.92% |
| 5-Year Change | 56.5% |
| 10-Year Change | N/A |
| Growth Volatility | 21.66 |
GuangDong Leary New Material Technology Co. Ltd. A - Net Assets Trend (2017–2025)
This chart illustrates how GuangDong Leary New Material Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see GuangDong Leary New Material Technology market capitalisation.
Annual Net Assets for GuangDong Leary New Material Technology Co. Ltd. A (2017–2025)
The table below shows the annual net assets of GuangDong Leary New Material Technology Co. Ltd. A from 2017 to 2025. Also explore GuangDong Leary New Material Technology annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.31 Billion ≈ $191.35 Million |
+21.24% |
| 2024-12-31 | CN¥1.08 Billion ≈ $157.83 Million |
+2.47% |
| 2023-12-31 | CN¥1.05 Billion ≈ $154.03 Million |
+4.23% |
| 2022-12-31 | CN¥1.01 Billion ≈ $147.78 Million |
+20.86% |
| 2021-12-31 | CN¥835.56 Million ≈ $122.27 Million |
+68.46% |
| 2020-12-31 | CN¥496.00 Million ≈ $72.58 Million |
+14.63% |
| 2019-12-31 | CN¥432.69 Million ≈ $63.32 Million |
+50.41% |
| 2018-12-31 | CN¥287.67 Million ≈ $42.09 Million |
+39.06% |
| 2017-12-31 | CN¥206.86 Million ≈ $30.27 Million |
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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 568.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥316.55 Million | 26.55% |
| Other Components | CN¥875.84 Million | 73.45% |
| Total Equity | CN¥1.19 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 |
|---|---|
|
Shentong Technology Group Co Ltd
SHG:605228
|
$750.24 Million |
|
Green Dot Corporation
NYSE:GDOT
|
$750.49 Million |
|
ORIENT SECUR.CO.LTD.H YC1
F:OS9
|
$750.54 Million |
|
Aspen Group
AU:APZ
|
$750.98 Million |
|
MCCORMICK+CO.INC. DL-01
F:MCX0
|
$750.09 Million |
|
AEON Thana Sinsap (Thailand) Public Company Limited
BK:AEONTS
|
$750.07 Million |
|
Prima Andalan Mandiri Tbk PT
JK:MCOL
|
$750.03 Million |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
$749.84 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 2024 to 2025, total equity changed from 1,003,015,805 to 1,192,391,822, a change of 189,376,017 (18.9%).
- Net income of 42,464,100 contributed positively to equity growth.
- Dividend payments of 10,720,525 reduced retained earnings.
- Other factors increased equity by 157,632,441.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥42.46 Million | +3.56% |
| Dividends Paid | CN¥10.72 Million | -0.9% |
| Other Changes | CN¥157.63 Million | +13.22% |
| Total Change | CN¥- | 18.88% |
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: 4.10x
- 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 14.63x to 4.10x 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¥31.82 | x |
| 2018-12-31 | CN¥2.87 | CN¥31.82 | x |
| 2019-12-31 | CN¥2.91 | CN¥31.82 | x |
| 2020-12-31 | CN¥4.47 | CN¥31.82 | x |
| 2021-12-31 | CN¥5.62 | CN¥31.82 | x |
| 2022-12-31 | CN¥6.48 | CN¥31.82 | x |
| 2023-12-31 | CN¥6.53 | CN¥31.82 | x |
| 2024-12-31 | CN¥6.53 | CN¥31.82 | x |
| 2025-12-31 | CN¥7.76 | CN¥31.82 | 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): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.42%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.70x
- Recent ROE (3.56%) is below the historical average (10.24%), 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 |
| 2025 | 3.56% | 4.42% | 0.47x | 1.70x | CN¥-76.78 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: $2,686,053,746
- Average return on equity (ROE) among peers: 63.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GuangDong Leary New Material Technology Co. Ltd. A (688683) | CN¥1.36 Billion | 22.53% | 0.56x | $750.11 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $14.88 Billion | 6.33% | 1.16x | $1.26 Billion |
| Sichuan Chemical Co Ltd (000155) | $4.12 Billion | 21.84% | 0.44x | $3.19 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.69 Billion | 5.91% | 0.33x | $13.23 Billion |
| Zangge Holding Co Ltd (000408) | $137.60 Million | 622.69% | 2.32x | $16.58 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.10 Billion | 7.29% | 1.92x | $1.77 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $317.69 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $1.96 Billion | 5.59% | 2.49x | $844.86 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $173.51 Million | 14.95% | 0.56x | $420.44 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | -12.56% | 1.80x | $312.66 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $491.34 Million | -44.74% | 3.10x | $3.10 Billion |
About GuangDong Leary New Material Technology Co. Ltd. A
GuangDong Leary New Material Technology Co.,Ltd. engages in the research, development, production, and sale of functional materials in China. The company offers functional coated films and downstream application products, current collectors for new energy batteries, carbon nanotube powders, and slurries; and upstream raw materials, such as resin solutions, conductive materials, copper foil, and s… Read more