Aecc Aero Engine Control Co Ltd
Aecc Aero-Engine Control Co.,Ltd. engages in the research and development, manufacturing, maintenance, and service of aircraft engines and gas turbine control systems products in China and internationally. The company also offers military and civil aircraft engines, gas turbine control system products, control system technology derivative products, and turbine control system products; and control… Read more
Aecc Aero Engine Control Co Ltd (000738) - Net Assets
Latest net assets as of September 2025: CN¥13.29 Billion CNY
Based on the latest financial reports, Aecc Aero Engine Control Co Ltd (000738) has net assets worth CN¥13.29 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¥16.46 Billion) and total liabilities (CN¥3.17 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¥13.29 Billion |
| % of Total Assets | 80.72% |
| Annual Growth Rate | 16.45% |
| 5-Year Change | 101.99% |
| 10-Year Change | 157.79% |
| Growth Volatility | 86.16 |
Aecc Aero Engine Control Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Aecc Aero Engine Control 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 Aecc Aero Engine Control Co Ltd (1994–2024)
The table below shows the annual net assets of Aecc Aero Engine Control Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.95 Billion | +6.09% |
| 2023-12-31 | CN¥12.20 Billion | +6.23% |
| 2022-12-31 | CN¥11.49 Billion | +7.53% |
| 2021-12-31 | CN¥10.68 Billion | +66.67% |
| 2020-12-31 | CN¥6.41 Billion | +7.76% |
| 2019-12-31 | CN¥5.95 Billion | +4.95% |
| 2018-12-31 | CN¥5.67 Billion | +4.10% |
| 2017-12-31 | CN¥5.44 Billion | +4.28% |
| 2016-12-31 | CN¥5.22 Billion | +3.95% |
| 2015-12-31 | CN¥5.02 Billion | +7.36% |
| 2014-12-31 | CN¥4.68 Billion | +3.62% |
| 2013-12-31 | CN¥4.51 Billion | +65.28% |
| 2012-12-31 | CN¥2.73 Billion | +7.77% |
| 2011-12-31 | CN¥2.53 Billion | +8.64% |
| 2010-12-31 | CN¥2.33 Billion | +8.18% |
| 2009-12-31 | CN¥2.16 Billion | +416.15% |
| 2008-12-31 | CN¥417.82 Million | -11.00% |
| 2007-12-31 | CN¥469.47 Million | +10.48% |
| 2006-12-31 | CN¥424.93 Million | +3.89% |
| 2005-12-31 | CN¥409.00 Million | -5.24% |
| 2004-12-31 | CN¥431.62 Million | -35.87% |
| 2003-12-31 | CN¥673.02 Million | +0.76% |
| 2002-12-31 | CN¥667.92 Million | +0.91% |
| 2001-12-31 | CN¥661.90 Million | -36.24% |
| 2000-12-31 | CN¥1.04 Billion | -13.67% |
| 1999-12-31 | CN¥1.20 Billion | +2.14% |
| 1998-12-31 | CN¥1.18 Billion | +10.95% |
| 1997-12-31 | CN¥1.06 Billion | +225.83% |
| 1996-12-31 | CN¥325.62 Million | +116.38% |
| 1995-12-31 | CN¥150.48 Million | +12.01% |
| 1994-12-31 | CN¥134.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aecc Aero Engine Control 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 1555496.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.16 Billion | 33.71% |
| Common Stock | CN¥1.32 Billion | 10.65% |
| Other Comprehensive Income | CN¥264.44 Million | 2.14% |
| Other Components | CN¥6.61 Billion | 53.50% |
| Total Equity | CN¥12.35 Billion | 100.00% |
Aecc Aero Engine Control Co Ltd Competitors by Market Cap
The table below lists competitors of Aecc Aero Engine Control Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dynex Capital Inc
NYSE:DX
|
$1.93 Billion |
|
Changzhou Fusion New Material Co. Ltd. A
SHG:688503
|
$1.93 Billion |
|
Disc Medicine Inc.
NASDAQ:IRON
|
$1.93 Billion |
|
JB Chemicals & Pharmaceuticals Limited
NSE:JBCHEPHARM
|
$1.93 Billion |
|
BTS Group Holdings Public Company Limited
PINK:BTGWF
|
$1.93 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
$1.93 Billion |
|
Patanjali Foods Limited
NSE:PATANJALI
|
$1.93 Billion |
|
TOMRA SYSTEMS ASA NK-50
F:TMRA
|
$1.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aecc Aero Engine Control Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,819,803,908 to 12,346,622,125, a change of 526,818,217 (4.5%).
- Net income of 750,270,251 contributed positively to equity growth.
- Dividend payments of 219,445,720 reduced retained earnings.
- Other comprehensive income increased equity by 264,436,350.
- Other factors decreased equity by 268,442,664.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥750.27 Million | +6.08% |
| Dividends Paid | CN¥219.45 Million | -1.78% |
| Other Comprehensive Income | CN¥264.44 Million | +2.14% |
| Other Changes | CN¥-268.44 Million | -2.17% |
| Total Change | CN¥- | 4.46% |
Book Value vs Market Value Analysis
This analysis compares Aecc Aero Engine Control 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: 2.46x
- 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 72.41x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.32 | CN¥23.03 | x |
| 1995-12-31 | CN¥0.36 | CN¥23.03 | x |
| 1996-12-31 | CN¥0.87 | CN¥23.03 | x |
| 1997-12-31 | CN¥3.03 | CN¥23.03 | x |
| 1998-12-31 | CN¥3.36 | CN¥23.03 | x |
| 1999-12-31 | CN¥3.44 | CN¥23.03 | x |
| 2000-12-31 | CN¥2.96 | CN¥23.03 | x |
| 2001-12-31 | CN¥1.94 | CN¥23.03 | x |
| 2002-12-31 | CN¥1.94 | CN¥23.03 | x |
| 2003-12-31 | CN¥1.96 | CN¥23.03 | x |
| 2004-12-31 | CN¥1.28 | CN¥23.03 | x |
| 2005-12-31 | CN¥1.21 | CN¥23.03 | x |
| 2006-12-31 | CN¥1.08 | CN¥23.03 | x |
| 2007-12-31 | CN¥1.17 | CN¥23.03 | x |
| 2008-12-31 | CN¥1.03 | CN¥23.03 | x |
| 2009-12-31 | CN¥2.30 | CN¥23.03 | x |
| 2010-12-31 | CN¥2.44 | CN¥23.03 | x |
| 2011-12-31 | CN¥2.57 | CN¥23.03 | x |
| 2012-12-31 | CN¥2.84 | CN¥23.03 | x |
| 2013-12-31 | CN¥4.36 | CN¥23.03 | x |
| 2014-12-31 | CN¥3.99 | CN¥23.03 | x |
| 2015-12-31 | CN¥4.14 | CN¥23.03 | x |
| 2016-12-31 | CN¥4.31 | CN¥23.03 | x |
| 2017-12-31 | CN¥4.48 | CN¥23.03 | x |
| 2018-12-31 | CN¥4.67 | CN¥23.03 | x |
| 2019-12-31 | CN¥4.92 | CN¥23.03 | x |
| 2020-12-31 | CN¥5.24 | CN¥23.03 | x |
| 2021-12-31 | CN¥8.65 | CN¥23.03 | x |
| 2022-12-31 | CN¥8.49 | CN¥23.03 | x |
| 2023-12-31 | CN¥8.95 | CN¥23.03 | x |
| 2024-12-31 | CN¥9.38 | CN¥23.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aecc Aero Engine Control 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): 6.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.69%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.32x
- Recent ROE (6.08%) is above the historical average (6.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 87.66% | 6.40% | 1.74x | 7.87x | CN¥84.44 Million |
| 1995 | 77.39% | 7.24% | 1.56x | 6.84x | CN¥82.95 Million |
| 1996 | 18.94% | 4.08% | 1.28x | 3.63x | CN¥26.60 Million |
| 1997 | 13.65% | 9.99% | 0.67x | 2.04x | CN¥37.71 Million |
| 1998 | 9.80% | 9.40% | 0.59x | 1.77x | CN¥-2.29 Million |
| 1999 | 2.31% | 2.74% | 0.49x | 1.72x | CN¥-90.37 Million |
| 2000 | -16.06% | -31.78% | 0.26x | 1.93x | CN¥-263.25 Million |
| 2001 | -33.09% | -107.71% | 0.15x | 2.04x | CN¥-285.21 Million |
| 2002 | 0.18% | 0.35% | 0.31x | 1.67x | CN¥-65.20 Million |
| 2003 | 0.80% | 1.16% | 0.41x | 1.68x | CN¥-61.57 Million |
| 2004 | -50.37% | -61.34% | 0.40x | 2.04x | CN¥-264.20 Million |
| 2005 | -4.50% | -4.75% | 0.50x | 1.89x | CN¥-60.03 Million |
| 2006 | 2.77% | 3.39% | 0.57x | 1.44x | CN¥-30.41 Million |
| 2007 | 0.74% | 1.20% | 0.46x | 1.35x | CN¥-43.06 Million |
| 2008 | -13.08% | -15.20% | 0.63x | 1.37x | CN¥-94.86 Million |
| 2009 | 6.53% | 8.65% | 0.43x | 1.76x | CN¥-74.05 Million |
| 2010 | 7.32% | 11.05% | 0.40x | 1.67x | CN¥-61.76 Million |
| 2011 | 7.32% | 9.34% | 0.42x | 1.88x | CN¥-66.51 Million |
| 2012 | 7.36% | 8.86% | 0.47x | 1.77x | CN¥-70.68 Million |
| 2013 | 4.62% | 7.78% | 0.40x | 1.47x | CN¥-236.92 Million |
| 2014 | 4.05% | 7.18% | 0.40x | 1.43x | CN¥-271.62 Million |
| 2015 | 4.14% | 7.55% | 0.37x | 1.46x | CN¥-278.24 Million |
| 2016 | 4.23% | 8.34% | 0.37x | 1.39x | CN¥-284.66 Million |
| 2017 | 4.24% | 8.52% | 0.36x | 1.40x | CN¥-295.50 Million |
| 2018 | 4.84% | 9.44% | 0.38x | 1.35x | CN¥-276.39 Million |
| 2019 | 4.99% | 9.10% | 0.39x | 1.40x | CN¥-281.92 Million |
| 2020 | 6.22% | 10.62% | 0.40x | 1.47x | CN¥-227.10 Million |
| 2021 | 4.63% | 11.73% | 0.29x | 1.34x | CN¥-566.42 Million |
| 2022 | 6.16% | 13.93% | 0.33x | 1.35x | CN¥-428.39 Million |
| 2023 | 6.15% | 13.65% | 0.34x | 1.33x | CN¥-455.40 Million |
| 2024 | 6.08% | 13.69% | 0.34x | 1.32x | CN¥-484.39 Million |
Industry Comparison
This section compares Aecc Aero Engine Control Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,487,816,702
- Average return on equity (ROE) among peers: 11.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aecc Aero Engine Control Co Ltd (000738) | CN¥13.29 Billion | 87.66% | 0.24x | $1.93 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $102.23 Million | 20.95% | 1.61x | $576.57 Million |
| Zhejiang XiaSha Precision (001316) | $476.25 Million | 27.15% | 0.22x | $218.15 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $175.19 Million | 19.07% | 0.67x | $850.82 Million |
| Aerospace CH UAV Co Ltd (002389) | $6.37 Billion | 3.80% | 0.25x | $1.81 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.62 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.43 Billion | -4.03% | 0.22x | $429.19 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $910.30 Million | 16.48% | 0.19x | $833.21 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $421.86 Million | 7.68% | 1.25x | $416.06 Million |
| Bestway Marine & Energy Technology Co Ltd (300008) | $2.90 Billion | 5.59% | 0.31x | $1.63 Billion |