North Industries Group Red Arrow Co Ltd

SHE:000519 China Specialty Industrial Machinery
Market Cap
$3.35 Billion
CN¥24.56 Billion CNY
Market Cap Rank
#5077 Global
#607 in China
Share Price
CN¥17.64
Change (1 day)
-2.97%
52-Week Range
CN¥15.49 - CN¥23.53
All Time High
CN¥36.25
Categories
Companies in China Specialty Industrial Machinery
About

North Industries Group Red Arrow Co., Ltd manufactures and sells special equipment, superhard materials, special vehicles, and auto parts in China and internationally. The company offers superhard materials, such as artificial diamond, cultured diamond, cubic boron nitride, and other products used in traditional industrial, consumer, and high-end and functional fields. It also provides refrigerat… Read more

North Industries Group Red Arrow Co Ltd (000519) - Net Assets

Latest net assets as of September 2025: CN¥10.30 Billion CNY

Based on the latest financial reports, North Industries Group Red Arrow Co Ltd (000519) has net assets worth CN¥10.30 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¥17.38 Billion) and total liabilities (CN¥7.09 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 CN¥10.30 Billion
% of Total Assets 59.24%
Annual Growth Rate 18.75%
5-Year Change 21.45%
10-Year Change 148.33%
Growth Volatility 154.73

North Industries Group Red Arrow Co Ltd - Net Assets Trend (1990–2024)

This chart illustrates how North Industries Group Red Arrow 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 North Industries Group Red Arrow Co Ltd (1990–2024)

The table below shows the annual net assets of North Industries Group Red Arrow Co Ltd from 1990 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.34 Billion -1.75%
2023-12-31 CN¥10.53 Billion +7.97%
2022-12-31 CN¥9.75 Billion +8.22%
2021-12-31 CN¥9.01 Billion +5.79%
2020-12-31 CN¥8.52 Billion +4.02%
2019-12-31 CN¥8.19 Billion +4.15%
2018-12-31 CN¥7.86 Billion +4.44%
2017-12-31 CN¥7.53 Billion +2.22%
2016-12-31 CN¥7.36 Billion +76.78%
2015-12-31 CN¥4.17 Billion +4.48%
2014-12-31 CN¥3.99 Billion +10.53%
2013-12-31 CN¥3.61 Billion +917.15%
2012-12-31 CN¥354.62 Million +1.00%
2011-12-31 CN¥351.12 Million -3.11%
2010-12-31 CN¥362.41 Million +3.09%
2009-12-31 CN¥351.55 Million +0.85%
2008-12-31 CN¥348.58 Million -4.36%
2007-12-31 CN¥364.47 Million -2.72%
2006-12-31 CN¥374.66 Million +7.36%
2005-12-31 CN¥348.96 Million +5.59%
2004-12-31 CN¥330.47 Million -2.99%
2003-12-31 CN¥340.65 Million +8.66%
2002-12-31 CN¥313.50 Million -1.88%
2001-12-31 CN¥319.51 Million +52.60%
2000-12-31 CN¥209.38 Million +8.11%
1999-12-31 CN¥193.67 Million +8.77%
1998-12-31 CN¥178.05 Million +16.60%
1997-12-31 CN¥152.70 Million +11.23%
1996-12-31 CN¥137.29 Million +1.15%
1995-12-31 CN¥135.73 Million +10.83%
1994-12-31 CN¥122.46 Million -3.15%
1993-12-31 CN¥126.45 Million +115.77%
1992-12-31 CN¥58.60 Million +24.47%
1991-12-31 CN¥47.08 Million +56.90%
1990-12-31 CN¥30.01 Million --

Equity Component Analysis

This analysis shows how different components contribute to North Industries Group Red Arrow 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 472025207000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.72 Billion 46.07%
Common Stock CN¥1.39 Billion 13.59%
Other Comprehensive Income CN¥561.52 Million 5.48%
Other Components CN¥3.57 Billion 34.86%
Total Equity CN¥10.25 Billion 100.00%

North Industries Group Red Arrow Co Ltd Competitors by Market Cap

The table below lists competitors of North Industries Group Red Arrow Co Ltd ranked by their market capitalization.

Company Market Cap
BTS Group Holdings Public Company Limited
PINK:BTGWF
 		$1.93 Billion
Aecc Aero Engine Control Co Ltd
SHE:000738
 		$1.93 Billion
Dynex Capital Inc
NYSE:DX
 		$1.93 Billion
Changzhou Fusion New Material Co. Ltd. A
SHG:688503
 		$1.93 Billion
Patanjali Foods Limited
NSE:PATANJALI
 		$1.93 Billion
TOMRA SYSTEMS ASA NK-50
F:TMRA
 		$1.93 Billion
City Union Bank Limited
NSE:CUB
 		$1.93 Billion
Offshore Oil Engineering Co Ltd
SHG:600583
 		$1.92 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in North Industries Group Red Arrow Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,529,189,096 to 10,246,261,095, a change of -282,928,001 (-2.7%).
  • Net loss of 327,325,953 reduced equity.
  • Dividend payments of 90,912,317 reduced retained earnings.
  • Other comprehensive income increased equity by 24,511,194.
  • Other factors increased equity by 110,799,075.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-327.33 Million -3.19%
Dividends Paid CN¥90.91 Million -0.89%
Other Comprehensive Income CN¥24.51 Million +0.24%
Other Changes CN¥110.80 Million +1.08%
Total Change CN¥- -2.69%

Book Value vs Market Value Analysis

This analysis compares North Industries Group Red Arrow 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: 2.40x
  • 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 83.15x to 2.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-12-31 CN¥0.21 CN¥17.64 x
1993-12-31 CN¥0.46 CN¥17.64 x
1994-12-31 CN¥0.44 CN¥17.64 x
1995-12-31 CN¥0.49 CN¥17.64 x
1996-12-31 CN¥0.50 CN¥17.64 x
1997-12-31 CN¥0.55 CN¥17.64 x
1998-12-31 CN¥0.64 CN¥17.64 x
1999-12-31 CN¥0.68 CN¥17.64 x
2000-12-31 CN¥0.73 CN¥17.64 x
2001-12-31 CN¥1.13 CN¥17.64 x
2002-12-31 CN¥1.11 CN¥17.64 x
2003-12-31 CN¥1.21 CN¥17.64 x
2004-12-31 CN¥1.17 CN¥17.64 x
2005-12-31 CN¥1.25 CN¥17.64 x
2006-12-31 CN¥1.65 CN¥17.64 x
2007-12-31 CN¥1.31 CN¥17.64 x
2008-12-31 CN¥1.21 CN¥17.64 x
2009-12-31 CN¥1.31 CN¥17.64 x
2010-12-31 CN¥1.31 CN¥17.64 x
2011-12-31 CN¥1.27 CN¥17.64 x
2012-12-31 CN¥0.41 CN¥17.64 x
2013-12-31 CN¥4.17 CN¥17.64 x
2014-12-31 CN¥5.39 CN¥17.64 x
2015-12-31 CN¥4.03 CN¥17.64 x
2016-12-31 CN¥5.95 CN¥17.64 x
2017-12-31 CN¥5.38 CN¥17.64 x
2018-12-31 CN¥5.59 CN¥17.64 x
2019-12-31 CN¥5.87 CN¥17.64 x
2020-12-31 CN¥6.12 CN¥17.64 x
2021-12-31 CN¥6.47 CN¥17.64 x
2022-12-31 CN¥7.00 CN¥17.64 x
2023-12-31 CN¥7.56 CN¥17.64 x
2024-12-31 CN¥7.36 CN¥17.64 x

Capital Efficiency Dashboard

This dashboard shows how efficiently North Industries Group Red Arrow 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): -3.19%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.16%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 1.57x
  • Recent ROE (-3.19%) is below the historical average (8.14%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 21.00% 17.50% 0.61x 1.96x CN¥6.44 Million
1993 16.70% 17.09% 0.68x 1.43x CN¥8.48 Million
1994 6.74% 8.56% 0.47x 1.66x CN¥-3.99 Million
1995 2.23% 2.75% 0.51x 1.58x CN¥-10.54 Million
1996 0.92% 1.08% 0.52x 1.66x CN¥-12.46 Million
1997 10.34% 13.96% 0.46x 1.61x CN¥515.46K
1998 12.03% 18.61% 0.37x 1.73x CN¥3.62 Million
1999 8.80% 10.36% 0.44x 1.94x CN¥-2.27 Million
2000 12.02% 15.53% 0.39x 1.98x CN¥4.05 Million
2001 4.91% 11.44% 0.28x 1.52x CN¥-15.90 Million
2002 2.51% 5.99% 0.28x 1.49x CN¥-22.97 Million
2003 2.25% 5.11% 0.28x 1.56x CN¥-25.89 Million
2004 -4.87% -10.51% 0.31x 1.48x CN¥-48.16 Million
2005 6.17% 15.41% 0.25x 1.61x CN¥-13.23 Million
2006 7.37% 13.96% 0.39x 1.36x CN¥-9.83 Million
2007 2.72% 4.21% 0.46x 1.42x CN¥-26.44 Million
2008 -8.26% -10.05% 0.59x 1.39x CN¥-61.25 Million
2009 1.09% 1.27% 0.57x 1.52x CN¥-30.22 Million
2010 3.27% 3.30% 0.72x 1.37x CN¥-23.58 Million
2011 -3.26% -3.18% 0.74x 1.39x CN¥-45.01 Million
2012 101.28% 16.18% 4.56x 1.37x CN¥315.10 Million
2013 10.61% 18.31% 0.42x 1.37x CN¥21.92 Million
2014 9.96% 19.49% 0.41x 1.23x CN¥-1.46 Million
2015 9.30% 9.82% 0.76x 1.24x CN¥-29.24 Million
2016 1.87% 3.64% 0.37x 1.39x CN¥-598.37 Million
2017 1.67% 2.64% 0.49x 1.29x CN¥-626.91 Million
2018 4.42% 7.01% 0.48x 1.33x CN¥-439.14 Million
2019 3.12% 4.80% 0.48x 1.34x CN¥-563.59 Million
2020 3.22% 4.25% 0.53x 1.43x CN¥-577.19 Million
2021 5.39% 6.46% 0.54x 1.56x CN¥-415.76 Million
2022 8.40% 12.21% 0.45x 1.54x CN¥-155.68 Million
2023 7.87% 13.54% 0.39x 1.48x CN¥-224.59 Million
2024 -3.19% -7.16% 0.28x 1.57x CN¥-1.35 Billion

Industry Comparison

This section compares North Industries Group Red Arrow Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,341,596,618
  • Average return on equity (ROE) among peers: 0.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
North Industries Group Red Arrow Co Ltd (000519) CN¥10.30 Billion 21.00% 0.69x $1.93 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million