Xiamen Xindeco Ltd (000701) - Net Assets
Based on the latest financial reports, Xiamen Xindeco Ltd (000701) has net assets worth CN¥3.48 Billion CNY (≈ $508.78 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.93 Billion ≈ $2.62 Billion USD) and total liabilities (CN¥14.46 Billion ≈ $2.12 Billion 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. Check Xiamen Xindeco Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.48 Billion |
| % of Total Assets | 19.39% |
| Annual Growth Rate | 8.91% |
| 5-Year Change | 0.97% |
| 10-Year Change | -26.64% |
| Growth Volatility | 25.92 |
Xiamen Xindeco Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Xiamen Xindeco Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000701 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Xiamen Xindeco Ltd (1993–2024)
The table below shows the annual net assets of Xiamen Xindeco Ltd from 1993 to 2024. For live valuation and market cap data, see how much is Xiamen Xindeco Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.07 Billion ≈ $449.04 Million |
-15.09% |
| 2023-12-31 | CN¥3.61 Billion ≈ $528.82 Million |
-0.93% |
| 2022-12-31 | CN¥3.65 Billion ≈ $533.79 Million |
+4.55% |
| 2021-12-31 | CN¥3.49 Billion ≈ $510.57 Million |
+14.81% |
| 2020-12-31 | CN¥3.04 Billion ≈ $444.72 Million |
-1.09% |
| 2019-12-31 | CN¥3.07 Billion ≈ $449.61 Million |
-39.33% |
| 2018-12-31 | CN¥5.06 Billion ≈ $741.02 Million |
-7.48% |
| 2017-12-31 | CN¥5.47 Billion ≈ $800.94 Million |
-0.01% |
| 2016-12-31 | CN¥5.47 Billion ≈ $801.05 Million |
+30.87% |
| 2015-12-31 | CN¥4.18 Billion ≈ $612.09 Million |
+89.19% |
| 2014-12-31 | CN¥2.21 Billion ≈ $323.54 Million |
+52.53% |
| 2013-12-31 | CN¥1.45 Billion ≈ $212.11 Million |
+23.15% |
| 2012-12-31 | CN¥1.18 Billion ≈ $172.24 Million |
+4.20% |
| 2011-12-31 | CN¥1.13 Billion ≈ $165.30 Million |
+11.79% |
| 2010-12-31 | CN¥1.01 Billion ≈ $147.87 Million |
+9.80% |
| 2009-12-31 | CN¥920.35 Million ≈ $134.68 Million |
+8.76% |
| 2008-12-31 | CN¥846.22 Million ≈ $123.83 Million |
+6.26% |
| 2007-12-31 | CN¥796.35 Million ≈ $116.53 Million |
+12.54% |
| 2006-12-31 | CN¥707.62 Million ≈ $103.55 Million |
+25.16% |
| 2005-12-31 | CN¥565.36 Million ≈ $82.73 Million |
+1.07% |
| 2004-12-31 | CN¥559.37 Million ≈ $81.85 Million |
+6.67% |
| 2003-12-31 | CN¥524.39 Million ≈ $76.73 Million |
+3.94% |
| 2002-12-31 | CN¥504.51 Million ≈ $73.83 Million |
+2.09% |
| 2001-12-31 | CN¥494.20 Million ≈ $72.32 Million |
-8.94% |
| 2000-12-31 | CN¥542.70 Million ≈ $79.41 Million |
+2.72% |
| 1999-12-31 | CN¥528.33 Million ≈ $77.31 Million |
+5.63% |
| 1998-12-31 | CN¥500.18 Million ≈ $73.19 Million |
+4.20% |
| 1997-12-31 | CN¥480.01 Million ≈ $70.24 Million |
+94.60% |
| 1996-12-31 | CN¥246.67 Million ≈ $36.10 Million |
+16.98% |
| 1995-12-31 | CN¥210.87 Million ≈ $30.86 Million |
-5.76% |
| 1994-12-31 | CN¥223.75 Million ≈ $32.74 Million |
+2.86% |
| 1993-12-31 | CN¥217.53 Million ≈ $31.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xiamen Xindeco 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 395297148003.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥5.93 Billion | 300.36% |
| Total Equity | CN¥1.97 Billion | 100.00% |
Xiamen Xindeco Ltd Competitors by Market Cap
The table below lists competitors of Xiamen Xindeco Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sligro Food Group NV
AS:SLIGR
|
$586.79 Million |
|
Shandong Xingmin Wheel Co Ltd
SHE:002355
|
$586.92 Million |
|
Petpal Pet Nutrition Technology Co Ltd
SHE:300673
|
$586.96 Million |
|
Ares Acquisition Corporation II
NYSE:AACT
|
$587.05 Million |
|
Fine Semitech Corp
KQ:036810
|
$586.42 Million |
|
Saha Pathanapibul Public Company Limited
BK:SPC
|
$586.29 Million |
|
Cosmecca Korea Co. Ltd
KQ:241710
|
$586.25 Million |
|
D I Corp
KO:003160
|
$586.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Xindeco Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,453,061,156 to 1,972,966,595, a change of -480,094,561 (-19.6%).
- Net loss of 810,611,329 reduced equity.
- Dividend payments of 422,746,022 reduced retained earnings.
- Other comprehensive income decreased equity by 2,061,455,602.
- Other factors increased equity by 2,814,718,391.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-810.61 Million | -41.09% |
| Dividends Paid | CN¥422.75 Million | -21.43% |
| Other Comprehensive Income | CN¥-2.06 Billion | -104.49% |
| Other Changes | CN¥2.81 Billion | +142.66% |
| Total Change | CN¥- | -19.57% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Xindeco 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: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.49x to 2.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥12.18 | CN¥5.93 | x |
| 2018-12-31 | CN¥10.86 | CN¥5.93 | x |
| 2019-12-31 | CN¥5.68 | CN¥5.93 | x |
| 2020-12-31 | CN¥5.13 | CN¥5.93 | x |
| 2021-12-31 | CN¥4.72 | CN¥5.93 | x |
| 2022-12-31 | CN¥4.48 | CN¥5.93 | x |
| 2023-12-31 | CN¥3.57 | CN¥5.93 | x |
| 2024-12-31 | CN¥2.92 | CN¥5.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Xindeco 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): -41.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.85%
- • Asset Turnover: 3.41x
- • Equity Multiplier: 6.51x
- Recent ROE (-41.09%) is below the historical average (-2.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.67% | 1.04% | 0.83x | 1.95x | CN¥-40.80 Million |
| 2002 | 2.14% | 0.80% | 1.12x | 2.39x | CN¥-37.45 Million |
| 2003 | 2.92% | 0.84% | 1.17x | 2.96x | CN¥-34.47 Million |
| 2004 | 6.26% | 1.37% | 1.53x | 3.00x | CN¥-19.27 Million |
| 2005 | 4.99% | 0.79% | 1.95x | 3.23x | CN¥-25.17 Million |
| 2006 | 6.73% | 0.66% | 2.52x | 4.04x | CN¥-17.66 Million |
| 2007 | 7.48% | 0.73% | 2.54x | 4.01x | CN¥-15.23 Million |
| 2008 | 7.60% | 0.69% | 2.59x | 4.25x | CN¥-14.56 Million |
| 2009 | 7.30% | 0.53% | 3.52x | 3.91x | CN¥-17.70 Million |
| 2010 | 8.02% | 0.52% | 3.26x | 4.72x | CN¥-14.12 Million |
| 2011 | 9.17% | 0.48% | 3.17x | 6.05x | CN¥-6.38 Million |
| 2012 | 9.58% | 0.44% | 3.24x | 6.66x | CN¥-3.39 Million |
| 2013 | 23.52% | 0.94% | 3.03x | 8.24x | CN¥138.96 Million |
| 2014 | 8.90% | 0.61% | 2.49x | 5.82x | CN¥-19.91 Million |
| 2015 | 2.96% | 0.37% | 2.06x | 3.84x | CN¥-260.35 Million |
| 2016 | 2.78% | 0.35% | 2.52x | 3.18x | CN¥-362.65 Million |
| 2017 | 1.40% | 0.14% | 3.23x | 3.13x | CN¥-425.62 Million |
| 2018 | 0.51% | 0.03% | 3.96x | 3.71x | CN¥-418.89 Million |
| 2019 | -107.94% | -2.98% | 4.25x | 8.54x | CN¥-2.72 Billion |
| 2020 | 0.52% | 0.01% | 4.26x | 8.34x | CN¥-203.92 Million |
| 2021 | 1.80% | 0.04% | 6.91x | 6.17x | CN¥-208.80 Million |
| 2022 | 2.01% | 0.05% | 5.87x | 6.33x | CN¥-202.10 Million |
| 2023 | -24.32% | -0.83% | 4.46x | 6.54x | CN¥-841.94 Million |
| 2024 | -41.09% | -1.85% | 3.41x | 6.51x | CN¥-1.01 Billion |
Industry Comparison
This section compares Xiamen Xindeco Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $3,264,085,316
- Average return on equity (ROE) among peers: 11.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Xindeco Ltd (000701) | CN¥3.48 Billion | 1.67% | 4.16x | $586.43 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Xiamen Xindeco Ltd
Xiamen Xindeco Ltd. engages in the automobile distribution, supply chain, and information technology businesses in China and internationally. The company involved in the non-ferrous metal and ferrous bulk commodity trade activities; and car dealership business. It also researches and develops, manufactures, and sells application integration services for a series of software and hardware products,… Read more