Aecc Aero Engine Control Co Ltd (000738) - Net Assets

Latest as of March 2026: CN¥13.62 Billion CNY ≈ $1.99 Billion USD

Based on the latest financial reports, Aecc Aero Engine Control Co Ltd (000738) has net assets worth CN¥13.62 Billion CNY (≈ $1.99 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.60 Billion ≈ $2.43 Billion USD) and total liabilities (CN¥2.98 Billion ≈ $436.05 Million 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 000738 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥13.62 Billion
% of Total Assets 82.04%
Annual Growth Rate 15.96%
5-Year Change 23.92%
10-Year Change 153.59%
Growth Volatility 82.62

Aecc Aero Engine Control Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Aecc Aero Engine Control Co Ltd's net assets have evolved over time, based on quarterly financial data. See 000738 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Aecc Aero Engine Control Co Ltd (1994–2025)

The table below shows the annual net assets of Aecc Aero Engine Control Co Ltd from 1994 to 2025. For live valuation and market cap data, see 000738 company net worth.

Year Net Assets Change
2025-12-31 CN¥13.24 Billion
≈ $1.94 Billion		 +2.25%
2024-12-31 CN¥12.95 Billion
≈ $1.89 Billion		 +6.09%
2023-12-31 CN¥12.20 Billion
≈ $1.79 Billion		 +6.23%
2022-12-31 CN¥11.49 Billion
≈ $1.68 Billion		 +7.53%
2021-12-31 CN¥10.68 Billion
≈ $1.56 Billion		 +56.86%
2020-12-31 CN¥6.81 Billion
≈ $996.55 Million		 +14.50%
2019-12-31 CN¥5.95 Billion
≈ $870.31 Million		 +5.00%
2018-12-31 CN¥5.66 Billion
≈ $828.87 Million		 +4.05%
2017-12-31 CN¥5.44 Billion
≈ $796.63 Million		 +4.28%
2016-12-31 CN¥5.22 Billion
≈ $763.91 Million		 +3.95%
2015-12-31 CN¥5.02 Billion
≈ $734.88 Million		 +7.36%
2014-12-31 CN¥4.68 Billion
≈ $684.48 Million		 +3.62%
2013-12-31 CN¥4.51 Billion
≈ $660.56 Million		 +65.28%
2012-12-31 CN¥2.73 Billion
≈ $399.67 Million		 +7.50%
2011-12-31 CN¥2.54 Billion
≈ $371.79 Million		 +8.22%
2010-12-31 CN¥2.35 Billion
≈ $343.56 Million		 +8.87%
2009-12-31 CN¥2.16 Billion
≈ $315.57 Million		 -8.48%
2008-12-31 CN¥2.36 Billion
≈ $344.80 Million		 +401.90%
2007-12-31 CN¥469.47 Million
≈ $68.70 Million		 +0.78%
2006-12-31 CN¥465.82 Million
≈ $68.16 Million		 +13.89%
2005-12-31 CN¥409.00 Million
≈ $59.85 Million		 -5.43%
2004-12-31 CN¥432.48 Million
≈ $63.28 Million		 -35.68%
2003-12-31 CN¥672.38 Million
≈ $98.39 Million		 +0.82%
2002-12-31 CN¥666.91 Million
≈ $97.59 Million		 +0.76%
2001-12-31 CN¥661.90 Million
≈ $96.86 Million		 -24.86%
2000-12-31 CN¥880.92 Million
≈ $128.91 Million		 -26.61%
1999-12-31 CN¥1.20 Billion
≈ $175.64 Million		 +14.41%
1998-12-31 CN¥1.05 Billion
≈ $153.52 Million		 -1.11%
1997-12-31 CN¥1.06 Billion
≈ $155.25 Million		 +225.83%
1996-12-31 CN¥325.62 Million
≈ $47.65 Million		 +116.38%
1995-12-31 CN¥150.48 Million
≈ $22.02 Million		 +12.01%
1994-12-31 CN¥134.35 Million
≈ $19.66 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 1587878.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥4.25 Billion 34.08%
Common Stock CN¥1.32 Billion 10.55%
Other Comprehensive Income CN¥294.67 Million 2.36%
Other Components CN¥6.61 Billion 53.00%
Total Equity CN¥12.46 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
Brighthouse Financial Inc
NASDAQ:BHF
 $3.62 Billion
Qingdao Hanhe Cable Co Ltd
SHE:002498
 $3.62 Billion
Miniso Group Holding Ltd
NYSE:MNSO
 $3.62 Billion
CVB Financial Corporation
NASDAQ:CVBF
 $3.62 Billion
Tangshan Port Group Co Ltd
SHG:601000
 $3.62 Billion
Lotte Shopping
KO:023530
 $3.62 Billion
ASSECO POLAND GDR/1 ZY 1
F:SFBG
 $3.61 Billion
General de Galerias Comerciales SOCIMI S.A.
MC:GGC
 $3.61 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 2024 to 2025, total equity changed from 12,346,622,125 to 12,463,488,851, a change of 116,866,726 (0.9%).
  • Net income of 334,424,139 contributed positively to equity growth.
  • Dividend payments of 226,211,648 reduced retained earnings.
  • Other comprehensive income increased equity by 30,237,732.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥334.42 Million +2.68%
Dividends Paid CN¥226.21 Million -1.81%
Other Comprehensive Income CN¥30.24 Million +0.24%
Other Changes CN¥-21.58 Million -0.17%
Total Change CN¥- 0.95%

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: 2.02x
  • 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 59.08x to 2.02x 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¥18.79 x
1995-12-31 CN¥0.36 CN¥18.79 x
1996-12-31 CN¥0.87 CN¥18.79 x
1997-12-31 CN¥3.03 CN¥18.79 x
1998-12-31 CN¥2.99 CN¥18.79 x
1999-12-31 CN¥3.43 CN¥18.79 x
2000-12-31 CN¥2.58 CN¥18.79 x
2001-12-31 CN¥1.94 CN¥18.79 x
2002-12-31 CN¥1.94 CN¥18.79 x
2003-12-31 CN¥1.96 CN¥18.79 x
2004-12-31 CN¥1.28 CN¥18.79 x
2005-12-31 CN¥1.21 CN¥18.79 x
2006-12-31 CN¥1.19 CN¥18.79 x
2007-12-31 CN¥1.17 CN¥18.79 x
2008-12-31 CN¥5.91 CN¥18.79 x
2009-12-31 CN¥2.30 CN¥18.79 x
2010-12-31 CN¥2.45 CN¥18.79 x
2011-12-31 CN¥2.57 CN¥18.79 x
2012-12-31 CN¥2.84 CN¥18.79 x
2013-12-31 CN¥4.36 CN¥18.79 x
2014-12-31 CN¥3.99 CN¥18.79 x
2015-12-31 CN¥4.14 CN¥18.79 x
2016-12-31 CN¥4.31 CN¥18.79 x
2017-12-31 CN¥4.48 CN¥18.79 x
2018-12-31 CN¥4.67 CN¥18.79 x
2019-12-31 CN¥4.92 CN¥18.79 x
2020-12-31 CN¥5.59 CN¥18.79 x
2021-12-31 CN¥8.65 CN¥18.79 x
2022-12-31 CN¥8.49 CN¥18.79 x
2023-12-31 CN¥8.95 CN¥18.79 x
2024-12-31 CN¥9.38 CN¥18.79 x
2025-12-31 CN¥9.32 CN¥18.79 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): 2.68%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.47%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 1.31x
  • Recent ROE (2.68%) is below the historical average (6.18%), suggesting potential challenges in 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 11.03% 9.40% 0.63x 1.86x CN¥10.52 Million
1999 2.31% 2.74% 0.49x 1.72x CN¥-90.16 Million
2000 -18.42% -31.78% 0.31x 1.87x CN¥-250.32 Million
2001 -33.09% -107.71% 0.15x 2.04x CN¥-285.21 Million
2002 0.18% 0.35% 0.31x 1.67x CN¥-65.10 Million
2003 0.80% 1.16% 0.41x 1.68x CN¥-61.50 Million
2004 -50.28% -61.34% 0.40x 2.04x CN¥-264.29 Million
2005 -4.50% -4.75% 0.50x 1.89x CN¥-60.03 Million
2006 2.53% 3.39% 0.53x 1.40x CN¥-34.47 Million
2007 0.74% 1.20% 0.46x 1.35x CN¥-43.06 Million
2008 -2.29% -15.20% 0.10x 1.56x CN¥-288.70 Million
2009 6.53% 8.65% 0.43x 1.76x CN¥-74.05 Million
2010 7.30% 11.05% 0.40x 1.67x CN¥-62.43 Million
2011 7.30% 9.34% 0.41x 1.88x CN¥-67.14 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 1.36x CN¥-276.11 Million
2019 4.99% 9.10% 0.39x 1.40x CN¥-281.92 Million
2020 5.83% 10.62% 0.38x 1.45x CN¥-267.19 Million
2021 4.63% 11.73% 0.29x 1.34x CN¥-566.42 Million
2022 6.16% 13.93% 0.33x 1.35x CN¥-428.40 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
2025 2.68% 6.47% 0.32x 1.31x CN¥-911.92 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: $1,568,304,108
  • Average return on equity (ROE) among peers: 11.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Aecc Aero Engine Control Co Ltd (000738) CN¥13.62 Billion 87.66% 0.22x $3.62 Billion
Shaanxi Ligeance Mineral Resources Co Ltd (000697) $738.32 Million 10.95% 0.40x $2.35 Billion
AVIC Aircraft Co Ltd (000768) $719.41 Million 10.97% 0.30x $8.38 Billion
Sichuan Haite High-tech Co Ltd (002023) $1.05 Billion 7.70% 0.62x $1.37 Billion
Aerospace CH UAV Co Ltd (002389) $847.85 Million 11.95% 0.17x $2.68 Billion
Kuang Chi Technologies Co Ltd (002625) $7.59 Billion 0.93% 0.08x $10.77 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $680.95 Million 16.28% 0.10x $501.94 Million
Chengdu Tianjian Technology Co Ltd (002977) $376.04 Million 25.55% 0.52x $430.82 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $757.88 Million 13.66% 0.21x $1.48 Billion
Shaanxi Zhongtian Rocket Technology  (003009) $1.35 Billion 9.08% 0.39x $1.37 Billion

About Aecc Aero Engine Control Co Ltd

SHE:000738 China Aerospace & Defense
Market Cap
$3.62 Billion
CN¥24.71 Billion CNY
Market Cap Rank
#4460 Global
#760 in China
Share Price
CN¥18.79
Change (1 day)
-0.63%
52-Week Range
CN¥18.05 - CN¥29.45
All Time High
CN¥39.16
Categories
Companies in China Aerospace & Defense
About

Aecc Aero-Engine Control Co.,Ltd., together with its subsidiaries, engages in the research and development, manufacturing, maintenance, and service of military and civilian aero-engines and gas turbine control systems in China and internationally. The company also provides civilian aviation components, such as aero-engine rocker arms, fuel system valve assemblies, flight control systems, engine p… Read more