Harbin Electric Coporation Jiamusi Electric Machine Co Ltd
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd manufactures and sells electric motors in the People's Republic of China. The company offers ordinary motors, explosion-proof motors, and nuclear power products. It also exports its products. The company was formerly known as Acheng Relay Co., Ltd. and changed its name to Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd in S… Read more
Harbin Electric Coporation Jiamusi Electric Machine Co Ltd (000922) - Net Assets
Latest net assets as of September 2025: CN¥5.13 Billion CNY
Based on the latest financial reports, Harbin Electric Coporation Jiamusi Electric Machine Co Ltd (000922) has net assets worth CN¥5.13 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¥9.67 Billion) and total liabilities (CN¥4.54 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¥5.13 Billion |
| % of Total Assets | 53.07% |
| Annual Growth Rate | 11.67% |
| 5-Year Change | 44.85% |
| 10-Year Change | 97.97% |
| Growth Volatility | 1205.63 |
Harbin Electric Coporation Jiamusi Electric Machine Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Harbin Electric Coporation Jiamusi Electric Machine 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 Harbin Electric Coporation Jiamusi Electric Machine Co Ltd (1996–2024)
The table below shows the annual net assets of Harbin Electric Coporation Jiamusi Electric Machine Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.70 Billion | +6.35% |
| 2023-12-31 | CN¥3.48 Billion | +15.89% |
| 2022-12-31 | CN¥3.00 Billion | +11.81% |
| 2021-12-31 | CN¥2.69 Billion | +5.11% |
| 2020-12-31 | CN¥2.56 Billion | +17.25% |
| 2019-12-31 | CN¥2.18 Billion | +18.95% |
| 2018-12-31 | CN¥1.83 Billion | +17.93% |
| 2017-12-31 | CN¥1.55 Billion | +8.41% |
| 2016-12-31 | CN¥1.43 Billion | -23.35% |
| 2015-12-31 | CN¥1.87 Billion | -11.73% |
| 2014-12-31 | CN¥2.12 Billion | +52.62% |
| 2013-12-31 | CN¥1.39 Billion | +0.10% |
| 2012-12-31 | CN¥1.39 Billion | +6496.13% |
| 2011-12-31 | CN¥21.03 Million | -70.12% |
| 2010-12-31 | CN¥70.38 Million | +2.22% |
| 2009-12-31 | CN¥68.85 Million | -47.00% |
| 2008-12-31 | CN¥129.91 Million | -29.35% |
| 2007-12-31 | CN¥183.88 Million | +1.55% |
| 2006-12-31 | CN¥181.06 Million | -34.36% |
| 2005-12-31 | CN¥275.86 Million | -51.01% |
| 2004-12-31 | CN¥563.08 Million | +0.25% |
| 2003-12-31 | CN¥561.66 Million | +3.07% |
| 2002-12-31 | CN¥544.94 Million | -1.59% |
| 2001-12-31 | CN¥553.72 Million | +6.68% |
| 2000-12-31 | CN¥519.03 Million | -5.07% |
| 1999-12-31 | CN¥546.78 Million | +171.77% |
| 1998-12-31 | CN¥201.19 Million | +10.07% |
| 1997-12-31 | CN¥182.79 Million | +8.69% |
| 1996-12-31 | CN¥168.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harbin Electric Coporation Jiamusi Electric Machine 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 4160.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.23 Billion | 36.76% |
| Common Stock | CN¥593.43 Million | 17.79% |
| Other Comprehensive Income | CN¥309.72 Million | 9.28% |
| Other Components | CN¥1.21 Billion | 36.17% |
| Total Equity | CN¥3.34 Billion | 100.00% |
Harbin Electric Coporation Jiamusi Electric Machine Co Ltd Competitors by Market Cap
The table below lists competitors of Harbin Electric Coporation Jiamusi Electric Machine Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Synsam AB
ST:SYNSAM
|
$731.69 Million |
|
Direcional Engenharia S.A.
SA:DIRR3
|
$731.83 Million |
|
Yili Chuanning Biotechnology Co. Ltd. A
SHE:301301
|
$731.85 Million |
|
Maharashtra Scooters Limited
NSE:MAHSCOOTER
|
$731.91 Million |
|
Beijing Haitian Ruisheng Science Technology Ltd
SHG:688787
|
$730.72 Million |
|
Heritage Commerce Corp
NASDAQ:HTBK
|
$730.72 Million |
|
Shanghai Medicilon Inc
SHG:688202
|
$730.34 Million |
|
Matthews International Corporation
NASDAQ:MATW
|
$730.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harbin Electric Coporation Jiamusi Electric Machine Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,192,134,470 to 3,336,198,312, a change of 144,063,842 (4.5%).
- Net income of 256,479,220 contributed positively to equity growth.
- Dividend payments of 157,415,933 reduced retained earnings.
- Share repurchases of 7,192,800 reduced equity.
- Other comprehensive income increased equity by 305,284,973.
- Other factors decreased equity by 253,091,618.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥256.48 Million | +7.69% |
| Dividends Paid | CN¥157.42 Million | -4.72% |
| Share Repurchases | CN¥7.19 Million | -0.22% |
| Other Comprehensive Income | CN¥305.28 Million | +9.15% |
| Other Changes | CN¥-253.09 Million | -7.59% |
| Total Change | CN¥- | 4.51% |
Book Value vs Market Value Analysis
This analysis compares Harbin Electric Coporation Jiamusi Electric Machine 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: 2.66x
- 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 33.99x to 2.66x 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¥0.44 | CN¥14.88 | x |
| 1997-12-31 | CN¥0.48 | CN¥14.88 | x |
| 1998-12-31 | CN¥0.52 | CN¥14.88 | x |
| 1999-12-31 | CN¥1.07 | CN¥14.88 | x |
| 2000-12-31 | CN¥0.88 | CN¥14.88 | x |
| 2001-12-31 | CN¥0.94 | CN¥14.88 | x |
| 2002-12-31 | CN¥0.86 | CN¥14.88 | x |
| 2003-12-31 | CN¥0.91 | CN¥14.88 | x |
| 2004-12-31 | CN¥1.43 | CN¥14.88 | x |
| 2005-12-31 | CN¥0.69 | CN¥14.88 | x |
| 2006-12-31 | CN¥0.49 | CN¥14.88 | x |
| 2007-12-31 | CN¥0.46 | CN¥14.88 | x |
| 2008-12-31 | CN¥0.34 | CN¥14.88 | x |
| 2009-12-31 | CN¥0.19 | CN¥14.88 | x |
| 2010-12-31 | CN¥0.19 | CN¥14.88 | x |
| 2011-12-31 | CN¥0.05 | CN¥14.88 | x |
| 2012-12-31 | CN¥2.17 | CN¥14.88 | x |
| 2013-12-31 | CN¥2.09 | CN¥14.88 | x |
| 2014-12-31 | CN¥3.09 | CN¥14.88 | x |
| 2015-12-31 | CN¥2.72 | CN¥14.88 | x |
| 2016-12-31 | CN¥2.20 | CN¥14.88 | x |
| 2017-12-31 | CN¥2.38 | CN¥14.88 | x |
| 2018-12-31 | CN¥3.12 | CN¥14.88 | x |
| 2019-12-31 | CN¥3.71 | CN¥14.88 | x |
| 2020-12-31 | CN¥4.35 | CN¥14.88 | x |
| 2021-12-31 | CN¥4.57 | CN¥14.88 | x |
| 2022-12-31 | CN¥5.09 | CN¥14.88 | x |
| 2023-12-31 | CN¥5.40 | CN¥14.88 | x |
| 2024-12-31 | CN¥5.59 | CN¥14.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harbin Electric Coporation Jiamusi Electric Machine 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): 7.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.23%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.01x
- Recent ROE (7.69%) is below the historical average (21.69%), 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 | 26.07% | 22.01% | 0.56x | 2.10x | CN¥27.03 Million |
| 1997 | 27.78% | 23.88% | 0.59x | 1.97x | CN¥32.50 Million |
| 1998 | 15.15% | 13.13% | 0.61x | 1.88x | CN¥10.36 Million |
| 1999 | 10.11% | 17.85% | 0.32x | 1.78x | CN¥439.58K |
| 2000 | 11.18% | 17.39% | 0.29x | 2.21x | CN¥3.98 Million |
| 2001 | 7.67% | 11.24% | 0.31x | 2.20x | CN¥-8.44 Million |
| 2002 | 4.96% | 6.44% | 0.28x | 2.73x | CN¥-16.67 Million |
| 2003 | 3.62% | 4.99% | 0.26x | 2.77x | CN¥-22.20 Million |
| 2004 | 0.28% | 0.62% | 0.24x | 1.84x | CN¥-53.46 Million |
| 2005 | -34.85% | -86.63% | 0.11x | 3.53x | CN¥-119.23 Million |
| 2006 | -23.61% | -17.52% | 0.47x | 2.88x | CN¥-57.42 Million |
| 2007 | 3.64% | 4.99% | 0.25x | 2.89x | CN¥-11.16 Million |
| 2008 | -44.62% | -41.88% | 0.34x | 3.16x | CN¥-66.56 Million |
| 2009 | -84.25% | -44.30% | 0.37x | 5.16x | CN¥-62.18 Million |
| 2010 | 4.39% | 2.21% | 0.45x | 4.40x | CN¥-4.26 Million |
| 2011 | 633.95% | 6.67% | 8.00x | 11.87x | CN¥182.67 Million |
| 2012 | 13.81% | 6.48% | 1.04x | 2.04x | CN¥52.73 Million |
| 2013 | 12.21% | 6.34% | 0.96x | 2.01x | CN¥30.66 Million |
| 2014 | 0.27% | 0.28% | 0.54x | 1.79x | CN¥-206.23 Million |
| 2015 | -23.90% | -29.70% | 0.46x | 1.74x | CN¥-633.99 Million |
| 2016 | -30.46% | -34.48% | 0.45x | 1.96x | CN¥-580.03 Million |
| 2017 | 7.75% | 7.59% | 0.58x | 1.77x | CN¥-34.91 Million |
| 2018 | 15.21% | 14.31% | 0.60x | 1.76x | CN¥95.41 Million |
| 2019 | 15.82% | 16.39% | 0.59x | 1.64x | CN¥126.78 Million |
| 2020 | 15.96% | 17.22% | 0.50x | 1.86x | CN¥152.22 Million |
| 2021 | 7.94% | 7.01% | 0.56x | 2.04x | CN¥-55.28 Million |
| 2022 | 12.69% | 8.36% | 0.72x | 2.12x | CN¥80.87 Million |
| 2023 | 12.51% | 7.51% | 0.55x | 3.02x | CN¥80.17 Million |
| 2024 | 7.69% | 5.23% | 0.49x | 3.01x | CN¥-77.14 Million |
Industry Comparison
This section compares Harbin Electric Coporation Jiamusi Electric Machine 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harbin Electric Coporation Jiamusi Electric Machine Co Ltd (000922) | CN¥5.13 Billion | 26.07% | 0.88x | $731.00 Million |
| 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 |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 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 |