Lung Ming Green Energy Technology Engineering Co Ltd
Lung Ming Green Energy Technology Engineering Co., Ltd. engages in the electromechanical system integration and construction engineering, and waste disposal business for technology plants, industrial plants, and residential buildings. The company offers high-tech clean room electromechanical systems; electromechanical systems for industrial plants; general building electromechanical systems for a… Read more
Lung Ming Green Energy Technology Engineering Co Ltd (3018) - Net Assets
Latest net assets as of September 2025: NT$565.38 Million TWD
Based on the latest financial reports, Lung Ming Green Energy Technology Engineering Co Ltd (3018) has net assets worth NT$565.38 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.64 Billion) and total liabilities (NT$1.07 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 | NT$565.38 Million |
| % of Total Assets | 34.53% |
| Annual Growth Rate | -1.22% |
| 5-Year Change | 36.8% |
| 10-Year Change | 31.31% |
| Growth Volatility | 100.26 |
Lung Ming Green Energy Technology Engineering Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Lung Ming Green Energy Technology Engineering 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 Lung Ming Green Energy Technology Engineering Co Ltd (2002–2024)
The table below shows the annual net assets of Lung Ming Green Energy Technology Engineering Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$708.44 Million | +351.14% |
| 2023-12-31 | NT$157.03 Million | +19.38% |
| 2022-12-31 | NT$131.54 Million | -51.39% |
| 2021-12-31 | NT$270.60 Million | -47.75% |
| 2020-12-31 | NT$517.85 Million | -13.31% |
| 2019-12-31 | NT$597.33 Million | -27.18% |
| 2018-12-31 | NT$820.26 Million | -8.03% |
| 2017-12-31 | NT$891.83 Million | +34.90% |
| 2016-12-31 | NT$661.10 Million | +22.53% |
| 2015-12-31 | NT$539.53 Million | -12.75% |
| 2014-12-31 | NT$618.38 Million | +29.15% |
| 2013-12-31 | NT$478.80 Million | -6.72% |
| 2012-12-31 | NT$513.30 Million | -0.84% |
| 2011-12-31 | NT$517.64 Million | +8.82% |
| 2010-12-31 | NT$475.67 Million | +9.03% |
| 2009-12-31 | NT$436.29 Million | +6.43% |
| 2008-12-31 | NT$409.92 Million | +16.08% |
| 2007-12-31 | NT$353.13 Million | +304.70% |
| 2006-12-31 | NT$87.26 Million | -88.50% |
| 2005-12-31 | NT$758.65 Million | -16.16% |
| 2004-12-31 | NT$904.87 Million | +1.86% |
| 2003-12-31 | NT$888.36 Million | -4.35% |
| 2002-12-31 | NT$928.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lung Ming Green Energy Technology Engineering 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 decreased by 505.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$730.74 Million | 103.15% |
| Other Comprehensive Income | NT$361.29 Million | 51.00% |
| Other Components | NT$66.38 Million | 9.37% |
| Total Equity | NT$708.44 Million | 100.00% |
Lung Ming Green Energy Technology Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Lung Ming Green Energy Technology Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YBM Net Inc
KQ:057030
|
$15.23 Million |
|
Information Technology Total Services Co. Ltd
TWO:6697
|
$15.23 Million |
|
Lohakit Metal Public Company Limited
BK:LHK
|
$15.23 Million |
|
FoundPac Group Bhd
KLSE:5277
|
$15.24 Million |
|
MAXST Co Ltd
KQ:377030
|
$15.22 Million |
|
My Chau Printing & Packaging Holdings Co
VN:MCP
|
$15.22 Million |
|
ChoA Pharmaceutical Co.Ltd
KQ:034940
|
$15.22 Million |
|
Thai Sugar Terminal Public Company Limited
BK:TSTE
|
$15.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lung Ming Green Energy Technology Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,034,000 to 708,442,000, a change of 551,408,000 (351.1%).
- Net loss of 93,363,000 reduced equity.
- New share issuances of 283,380,000 increased equity.
- Other comprehensive income increased equity by 317,212,000.
- Other factors increased equity by 44,179,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-93.36 Million | -13.18% |
| Share Issuances | NT$283.38 Million | +40.0% |
| Other Comprehensive Income | NT$317.21 Million | +44.78% |
| Other Changes | NT$44.18 Million | +6.24% |
| Total Change | NT$- | 351.14% |
Book Value vs Market Value Analysis
This analysis compares Lung Ming Green Energy Technology Engineering 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: 1.14x
- 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 1.29x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$9.81 | NT$12.65 | x |
| 2010-12-31 | NT$9.36 | NT$12.65 | x |
| 2011-12-31 | NT$10.19 | NT$12.65 | x |
| 2012-12-31 | NT$10.10 | NT$12.65 | x |
| 2013-12-31 | NT$9.56 | NT$12.65 | x |
| 2014-12-31 | NT$11.82 | NT$12.65 | x |
| 2015-12-31 | NT$9.54 | NT$12.65 | x |
| 2016-12-31 | NT$10.00 | NT$12.65 | x |
| 2017-12-31 | NT$11.76 | NT$12.65 | x |
| 2018-12-31 | NT$11.05 | NT$12.65 | x |
| 2019-12-31 | NT$8.00 | NT$12.65 | x |
| 2020-12-31 | NT$7.31 | NT$12.65 | x |
| 2021-12-31 | NT$3.53 | NT$12.65 | x |
| 2022-12-31 | NT$1.72 | NT$12.65 | x |
| 2023-12-31 | NT$2.05 | NT$12.65 | x |
| 2024-12-31 | NT$11.09 | NT$12.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lung Ming Green Energy Technology Engineering 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): -13.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.97%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.34x
- Recent ROE (-13.18%) is above the historical average (-18.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 10.83% | 9.10% | 0.92x | 1.29x | NT$7.67 Million |
| 2003 | 6.27% | 4.96% | 0.86x | 1.46x | NT$-33.13 Million |
| 2004 | 6.76% | 4.64% | 0.79x | 1.84x | NT$-29.29 Million |
| 2007 | 0.21% | 0.05% | 2.07x | 2.09x | NT$-34.58 Million |
| 2008 | 1.59% | 0.58% | 1.55x | 1.76x | NT$-34.46 Million |
| 2009 | 5.97% | 6.99% | 0.62x | 1.37x | NT$-17.59 Million |
| 2010 | 8.23% | 4.39% | 0.96x | 1.96x | NT$-8.41 Million |
| 2011 | 11.62% | 4.71% | 1.21x | 2.04x | NT$8.38 Million |
| 2012 | 2.51% | 1.13% | 1.41x | 1.57x | NT$-38.47 Million |
| 2013 | -1.98% | -1.43% | 0.64x | 2.15x | NT$-57.37 Million |
| 2014 | 5.37% | 2.29% | 1.20x | 1.96x | NT$-28.64 Million |
| 2015 | -9.58% | -4.62% | 0.88x | 2.37x | NT$-105.64 Million |
| 2016 | 2.27% | 0.85% | 1.11x | 2.42x | NT$-51.10 Million |
| 2017 | 6.40% | 3.61% | 0.93x | 1.91x | NT$-31.52 Million |
| 2018 | -19.68% | -11.67% | 0.77x | 2.18x | NT$-237.55 Million |
| 2019 | -41.53% | -23.06% | 0.70x | 2.56x | NT$-304.72 Million |
| 2020 | -12.65% | -4.13% | 0.95x | 3.23x | NT$-120.82 Million |
| 2021 | -114.63% | -19.16% | 1.06x | 5.63x | NT$-337.24 Million |
| 2022 | -162.37% | -16.65% | 1.22x | 7.98x | NT$-226.74 Million |
| 2023 | -72.52% | -18.98% | 0.49x | 7.72x | NT$-129.59 Million |
| 2024 | -13.18% | -10.97% | 0.51x | 2.34x | NT$-164.21 Million |
Industry Comparison
This section compares Lung Ming Green Energy Technology Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,170,391,600
- Average return on equity (ROE) among peers: 6.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lung Ming Green Energy Technology Engineering Co Ltd (3018) | NT$565.38 Million | 10.83% | 1.90x | $15.23 Million |
| Tri Ocean Textile Co Ltd (1472) | $333.36 Million | -10.62% | 2.04x | $47.78 Million |
| Ju-Kao Engineering Co., Ltd. (1594) | $297.75 Million | -0.44% | 0.99x | $1.54 Million |
| United Integrated Services Co Ltd (2404) | $6.61 Billion | 18.38% | 1.52x | $4.54 Billion |
| Long Bon International Co Ltd (2514) | $8.15 Billion | 2.95% | 0.61x | $63.02 Million |
| BES Engineering Co (2515) | $19.46 Billion | 1.31% | 1.00x | $632.27 Million |
| New Asia Construction & Development Corp (2516) | $2.41 Billion | 2.77% | 2.80x | $83.75 Million |
| Delpha Construction Co Ltd (2530) | $3.35 Billion | 17.30% | 0.87x | $263.82 Million |
| Da-Cin Construction Co Ltd (2535) | $7.35 Billion | 8.58% | 1.32x | $428.26 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.87 Billion | 14.12% | 1.47x | $514.98 Million |
| Kedge Construction Co Ltd (2546) | $1.88 Billion | 6.30% | 1.33x | $163.03 Million |