Kunming Yunnei Power Co Ltd
Kunming Yunnei Power Co.,Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of diesel engines for commercial vehicles, passenger cars, and off-road machinery in the People's Republic of China and internationally. The company offers dual fuel, and natural gas engines; natural gas parts, systems, universal parts, and parts assemblies; and heavy-duty… Read more
Kunming Yunnei Power Co Ltd (000903) - Net Assets
Latest net assets as of September 2025: CN¥1.33 Billion CNY
Based on the latest financial reports, Kunming Yunnei Power Co Ltd (000903) has net assets worth CN¥1.33 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¥10.27 Billion) and total liabilities (CN¥8.93 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¥1.33 Billion |
| % of Total Assets | 12.99% |
| Annual Growth Rate | 9.61% |
| 5-Year Change | -71.24% |
| 10-Year Change | -55.15% |
| Growth Volatility | 44.14 |
Kunming Yunnei Power Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Kunming Yunnei Power 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 Kunming Yunnei Power Co Ltd (1996–2024)
The table below shows the annual net assets of Kunming Yunnei Power Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.65 Billion | -44.70% |
| 2023-12-31 | CN¥2.98 Billion | -32.14% |
| 2022-12-31 | CN¥4.39 Billion | -23.32% |
| 2021-12-31 | CN¥5.72 Billion | -0.07% |
| 2020-12-31 | CN¥5.73 Billion | +2.60% |
| 2019-12-31 | CN¥5.58 Billion | +0.32% |
| 2018-12-31 | CN¥5.56 Billion | +2.19% |
| 2017-12-31 | CN¥5.44 Billion | +21.50% |
| 2016-12-31 | CN¥4.48 Billion | +22.04% |
| 2015-12-31 | CN¥3.67 Billion | +3.67% |
| 2014-12-31 | CN¥3.54 Billion | +28.66% |
| 2013-12-31 | CN¥2.75 Billion | +4.38% |
| 2012-12-31 | CN¥2.64 Billion | +2.13% |
| 2011-12-31 | CN¥2.58 Billion | -2.80% |
| 2010-12-31 | CN¥2.66 Billion | +1.83% |
| 2009-12-31 | CN¥2.61 Billion | +4.95% |
| 2008-12-31 | CN¥2.49 Billion | +0.63% |
| 2007-12-31 | CN¥2.47 Billion | +127.28% |
| 2006-12-31 | CN¥1.09 Billion | +14.43% |
| 2005-12-31 | CN¥949.71 Million | +0.32% |
| 2004-12-31 | CN¥946.70 Million | +0.85% |
| 2003-12-31 | CN¥938.74 Million | +12.55% |
| 2002-12-31 | CN¥834.09 Million | +33.48% |
| 2001-12-31 | CN¥624.87 Million | +0.60% |
| 2000-12-31 | CN¥621.16 Million | +2.81% |
| 1999-12-31 | CN¥604.21 Million | +190.06% |
| 1998-12-31 | CN¥208.30 Million | +17.29% |
| 1997-12-31 | CN¥177.59 Million | +40.98% |
| 1996-12-31 | CN¥125.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kunming Yunnei Power 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 decreased by 293648158700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.95 Billion | 119.10% |
| Other Comprehensive Income | CN¥411.16 Million | 25.12% |
| Other Components | CN¥2.21 Billion | 135.16% |
| Total Equity | CN¥1.64 Billion | 100.00% |
Kunming Yunnei Power Co Ltd Competitors by Market Cap
The table below lists competitors of Kunming Yunnei Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Qingyi Photomask Ltd
SHG:688138
|
$464.08 Million |
|
Plejd AB (publ)
F:3CA
|
$464.11 Million |
|
METAWATER CO.LTD
F:2MW
|
$464.12 Million |
|
Shanghai Fengyuzhu Exhibition Co Ltd Class A
SHG:603466
|
$464.12 Million |
|
Jing Jin Electric Technologies Co Ltd
SHG:688280
|
$463.92 Million |
|
Sino-High (China) Co. Ltd.
SHE:301076
|
$463.89 Million |
|
Jubilant Ingrevia Limited
NSE:JUBLINGREA
|
$463.89 Million |
|
SP GROUP AS NAM. DK 2
F:1PU2
|
$463.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kunming Yunnei Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,953,581,442 to 1,637,020,520, a change of -1,316,560,922 (-44.6%).
- Net loss of 1,217,127,624 reduced equity.
- Dividend payments of 204,784,148 reduced retained earnings.
- Share repurchases of 31,812,035 reduced equity.
- Other comprehensive income increased equity by 387,633,317.
- Other factors decreased equity by 250,470,432.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.22 Billion | -74.35% |
| Dividends Paid | CN¥204.78 Million | -12.51% |
| Share Repurchases | CN¥31.81 Million | -1.94% |
| Other Comprehensive Income | CN¥387.63 Million | +23.68% |
| Other Changes | CN¥-250.47 Million | -15.3% |
| Total Change | CN¥- | -44.58% |
Book Value vs Market Value Analysis
This analysis compares Kunming Yunnei Power 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: 3.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 23.28x to 3.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.12 | CN¥2.72 | x |
| 1997-12-31 | CN¥0.16 | CN¥2.72 | x |
| 1998-12-31 | CN¥0.19 | CN¥2.72 | x |
| 1999-12-31 | CN¥0.56 | CN¥2.72 | x |
| 2000-12-31 | CN¥0.58 | CN¥2.72 | x |
| 2001-12-31 | CN¥0.58 | CN¥2.72 | x |
| 2002-12-31 | CN¥1.16 | CN¥2.72 | x |
| 2003-12-31 | CN¥1.30 | CN¥2.72 | x |
| 2004-12-31 | CN¥1.28 | CN¥2.72 | x |
| 2005-12-31 | CN¥0.86 | CN¥2.72 | x |
| 2006-12-31 | CN¥0.95 | CN¥2.72 | x |
| 2007-12-31 | CN¥2.24 | CN¥2.72 | x |
| 2008-12-31 | CN¥1.80 | CN¥2.72 | x |
| 2009-12-31 | CN¥1.89 | CN¥2.72 | x |
| 2010-12-31 | CN¥1.92 | CN¥2.72 | x |
| 2011-12-31 | CN¥1.90 | CN¥2.72 | x |
| 2012-12-31 | CN¥1.92 | CN¥2.72 | x |
| 2013-12-31 | CN¥1.99 | CN¥2.72 | x |
| 2014-12-31 | CN¥2.56 | CN¥2.72 | x |
| 2015-12-31 | CN¥2.29 | CN¥2.72 | x |
| 2016-12-31 | CN¥2.79 | CN¥2.72 | x |
| 2017-12-31 | CN¥3.06 | CN¥2.72 | x |
| 2018-12-31 | CN¥2.82 | CN¥2.72 | x |
| 2019-12-31 | CN¥2.89 | CN¥2.72 | x |
| 2020-12-31 | CN¥2.97 | CN¥2.72 | x |
| 2021-12-31 | CN¥2.97 | CN¥2.72 | x |
| 2022-12-31 | CN¥2.28 | CN¥2.72 | x |
| 2023-12-31 | CN¥1.51 | CN¥2.72 | x |
| 2024-12-31 | CN¥0.85 | CN¥2.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kunming Yunnei Power 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): -74.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.72%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 6.92x
- Recent ROE (-74.35%) is below the historical average (2.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 25.49% | 10.26% | 0.95x | 2.63x | CN¥19.51 Million |
| 1997 | 22.82% | 11.22% | 0.75x | 2.73x | CN¥22.76 Million |
| 1998 | 19.33% | 11.23% | 0.66x | 2.60x | CN¥19.43 Million |
| 1999 | 8.86% | 14.69% | 0.43x | 1.40x | CN¥-6.91 Million |
| 2000 | 12.87% | 19.50% | 0.49x | 1.35x | CN¥17.84 Million |
| 2001 | 12.93% | 11.43% | 0.54x | 2.10x | CN¥18.23 Million |
| 2002 | 12.03% | 9.19% | 0.75x | 1.75x | CN¥16.90 Million |
| 2003 | 11.15% | 9.76% | 0.64x | 1.78x | CN¥10.80 Million |
| 2004 | 7.09% | 4.20% | 0.81x | 2.09x | CN¥-26.81 Million |
| 2005 | 5.68% | 3.22% | 0.83x | 2.13x | CN¥-40.00 Million |
| 2006 | 13.70% | 8.12% | 0.81x | 2.08x | CN¥37.88 Million |
| 2007 | 8.35% | 10.33% | 0.52x | 1.54x | CN¥-39.86 Million |
| 2008 | 5.52% | 7.57% | 0.48x | 1.53x | CN¥-109.96 Million |
| 2009 | 6.62% | 6.82% | 0.58x | 1.67x | CN¥-86.88 Million |
| 2010 | 5.16% | 5.78% | 0.51x | 1.74x | CN¥-126.33 Million |
| 2011 | 1.55% | 1.81% | 0.49x | 1.73x | CN¥-217.33 Million |
| 2012 | 2.60% | 2.84% | 0.43x | 2.11x | CN¥-192.88 Million |
| 2013 | 5.42% | 5.73% | 0.46x | 2.04x | CN¥-124.59 Million |
| 2014 | 4.57% | 6.66% | 0.38x | 1.82x | CN¥-191.71 Million |
| 2015 | 4.79% | 6.20% | 0.40x | 1.94x | CN¥-190.53 Million |
| 2016 | 5.01% | 5.70% | 0.45x | 1.94x | CN¥-222.92 Million |
| 2017 | 4.87% | 4.48% | 0.55x | 1.98x | CN¥-278.85 Million |
| 2018 | 4.18% | 3.55% | 0.53x | 2.22x | CN¥-323.61 Million |
| 2019 | 3.35% | 2.74% | 0.54x | 2.25x | CN¥-371.13 Million |
| 2020 | 3.91% | 2.23% | 0.67x | 2.61x | CN¥-347.50 Million |
| 2021 | 1.27% | 0.90% | 0.55x | 2.56x | CN¥-498.10 Million |
| 2022 | -29.90% | -27.32% | 0.36x | 3.05x | CN¥-1.75 Billion |
| 2023 | -42.48% | -23.60% | 0.41x | 4.35x | CN¥-1.55 Billion |
| 2024 | -74.35% | -25.72% | 0.42x | 6.92x | CN¥-1.38 Billion |
Industry Comparison
This section compares Kunming Yunnei Power Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $17,465,748,926
- Average return on equity (ROE) among peers: -42.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kunming Yunnei Power Co Ltd (000903) | CN¥1.33 Billion | 25.49% | 6.70x | $463.94 Million |
| Weichai Power Co Ltd Class A (000338) | $40.85 Billion | 12.24% | 1.95x | $22.99 Billion |
| Haima Automobile Group Co Ltd (000572) | $51.44 Million | 0.00% | 13.34x | $994.86 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $46.15 Billion | 1.47% | 1.03x | $12.14 Billion |
| Faw Car Co Ltd (000800) | $4.48 Billion | 10.21% | 0.28x | $984.75 Million |
| Anhui Ankai Automobile Co Ltd (000868) | $1.38 Billion | 6.88% | 2.00x | $311.06 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $832.28 Million | 13.17% | 0.69x | $570.39 Million |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.37 Billion |
| Yinyi Real Estate Co Ltd (000981) | $596.31 Million | -14.36% | 0.78x | $1.56 Billion |
| BYD Co Ltd Class A (002594) | $62.60 Billion | 2.58% | 2.13x | $87.17 Billion |