China Power Equipment Inc
China Power Equipment, Inc., through its An Sen (Xi'an) Power Science & Technology Co., Ltd. subsidiary and its affiliated operating company, Xi'an Amorphous Alloy Zhongxi Transformer Co., Ltd., engages in the design, manufacture, and distribution of amorphous alloy transformer cores and amorphous alloy distribution transformers in the People's Republic of China. Its devices are used to step down… Read more
China Power Equipment Inc (CPQQ) - Net Assets
Latest net assets as of September 2013: $46.80 Million USD
Based on the latest financial reports, China Power Equipment Inc (CPQQ) has net assets worth $46.80 Million USD as of September 2013.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($51.33 Million) and total liabilities ($4.53 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 | $46.80 Million |
| % of Total Assets | 91.17% |
| Annual Growth Rate | 47.46% |
| 5-Year Change | 424.09% |
| 10-Year Change | N/A |
| Growth Volatility | 35.65 |
China Power Equipment Inc - Net Assets Trend (2007–2012)
This chart illustrates how China Power Equipment 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 China Power Equipment Inc (2007–2012)
The table below shows the annual net assets of China Power Equipment Inc from 2007 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-12-31 | $41.59 Million | +19.27% |
| 2011-12-31 | $34.87 Million | +25.13% |
| 2010-12-31 | $27.87 Million | +62.56% |
| 2009-12-31 | $17.14 Million | +116.02% |
| 2008-12-31 | $7.94 Million | +33.14% |
| 2007-12-31 | $5.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Power Equipment 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 2254.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2012)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.33 Million | 24.83% |
| Common Stock | $19.52K | 0.05% |
| Other Comprehensive Income | $5.36 Million | 12.89% |
| Other Components | $25.88 Million | 62.23% |
| Total Equity | $41.59 Million | 100.00% |
China Power Equipment Inc Competitors by Market Cap
The table below lists competitors of China Power Equipment Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
iSun, Inc.
NASDAQ:ISUNQ
|
$47.00 |
|
Biome Technologies Plc
LSE:BIOM
|
$47.05 |
|
Modern Mobility Aids
PINK:MDRM
|
$47.30 |
|
Downing Four Generalist Shs plc
LSE:D4G
|
$47.73 |
|
TSL LIMITED
XZIM:TSL
|
$46.84 |
|
Canyon Bancorp
PINK:CYBA
|
$46.84 |
|
RIALTO ENERGY
BE:R1Y
|
$46.76 |
|
OPTION
BE:OINA
|
$46.72 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Power Equipment Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from 34,867,588 to 41,587,635, a change of 6,720,047 (19.3%).
- Net income of 6,407,072 contributed positively to equity growth.
- Other comprehensive income increased equity by 759,642.
- Other factors decreased equity by 446,667.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.41 Million | +15.41% |
| Other Comprehensive Income | $759.64K | +1.83% |
| Other Changes | $-446.67K | -1.07% |
| Total Change | $- | 19.27% |
Book Value vs Market Value Analysis
This analysis compares China Power Equipment 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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.48 | $0.01 | x |
| 2008-12-31 | $0.72 | $0.01 | x |
| 2009-12-31 | $1.15 | $0.01 | x |
| 2010-12-31 | $1.26 | $0.01 | x |
| 2011-12-31 | $1.48 | $0.01 | x |
| 2012-12-31 | $1.76 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Power Equipment 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): 15.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.43%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.09x
- Recent ROE (15.41%) is below the historical average (16.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 4.40% | 3.93% | 0.71x | 1.56x | $-333.89K |
| 2008 | 18.35% | 15.50% | 0.97x | 1.22x | $662.27K |
| 2009 | 24.62% | 17.68% | 1.26x | 1.10x | $2.51 Million |
| 2010 | 19.72% | 18.53% | 0.98x | 1.09x | $2.71 Million |
| 2011 | 17.00% | 16.02% | 0.98x | 1.08x | $2.44 Million |
| 2012 | 15.41% | 17.43% | 0.81x | 1.09x | $2.25 Million |
Industry Comparison
This section compares China Power Equipment Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Power Equipment Inc (CPQQ) | $46.80 Million | 4.40% | 0.10x | $46.99 |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |