Ningbo Yibin Electronic Technology Co. Ltd. Cl A
Ningbo Yibin Electronic Technology Co., Ltd. engages in the manufacture and sale of automotive plastic parts and metal parts in China. The company offers air outlet, sub-dashboard, b-pillar upper trim, car door trim, automotive exterior gutters, and car seat back panel; battery case, engine mounting bracket, welding bracket, nut plate, handbrake, and crash box; PCB assembly, car ambient light, an… Read more
Ningbo Yibin Electronic Technology Co. Ltd. Cl A (001278) - Net Assets
Latest net assets as of June 2025: CN¥1.28 Billion CNY
Based on the latest financial reports, Ningbo Yibin Electronic Technology Co. Ltd. Cl A (001278) has net assets worth CN¥1.28 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.61 Billion) and total liabilities (CN¥2.33 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¥1.28 Billion |
| % of Total Assets | 35.47% |
| Annual Growth Rate | 29.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.55 |
Ningbo Yibin Electronic Technology Co. Ltd. Cl A - Net Assets Trend (2021–2024)
This chart illustrates how Ningbo Yibin Electronic Technology Co. Ltd. Cl A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ningbo Yibin Electronic Technology Co. Ltd. Cl A (2021–2024)
The table below shows the annual net assets of Ningbo Yibin Electronic Technology Co. Ltd. Cl A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.31 Billion | +0.96% |
| 2023-12-31 | CN¥1.30 Billion | +75.68% |
| 2022-12-31 | CN¥738.15 Million | +21.20% |
| 2021-12-31 | CN¥609.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Yibin Electronic Technology Co. Ltd. Cl A'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 95.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥432.83 Million | 33.04% |
| Other Components | CN¥877.17 Million | 66.96% |
| Total Equity | CN¥1.31 Billion | 100.00% |
Ningbo Yibin Electronic Technology Co. Ltd. Cl A Competitors by Market Cap
The table below lists competitors of Ningbo Yibin Electronic Technology Co. Ltd. Cl A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berkeley Energy Ltd
PINK:BKLRF
|
$175.19 Million |
|
Ningbo David Medical Device Co Ltd
SHE:300314
|
$175.22 Million |
|
Zinwell Corporation
TW:2485
|
$175.23 Million |
|
Launch One Acquisition Corp. Unit
NASDAQ:LPAAU
|
$175.27 Million |
|
LifeMD Inc
NASDAQ:LFMD
|
$175.14 Million |
|
Jinglv Envi Science & Tech Co
SHE:001230
|
$175.09 Million |
|
Bank Net Indonesia Syariah Tbk PT
JK:BANK
|
$175.00 Million |
|
Gulf Oil Lubricants India Limited
NSE:GULFOILLUB
|
$174.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Yibin Electronic Technology Co. Ltd. Cl A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,291,906,938 to 1,310,000,145, a change of 18,093,207 (1.4%).
- Net income of 30,509,964 contributed positively to equity growth.
- Dividend payments of 29,232,492 reduced retained earnings.
- Other factors increased equity by 16,815,735.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.51 Million | +2.33% |
| Dividends Paid | CN¥29.23 Million | -2.23% |
| Other Changes | CN¥16.82 Million | +1.28% |
| Total Change | CN¥- | 1.40% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Yibin Electronic Technology Co. Ltd. Cl A'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: 2.15x
- 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 3.47x to 2.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥6.56 | CN¥22.79 | x |
| 2022-12-31 | CN¥7.91 | CN¥22.79 | x |
| 2023-12-31 | CN¥10.44 | CN¥22.79 | x |
| 2024-12-31 | CN¥10.59 | CN¥22.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Yibin Electronic Technology Co. Ltd. Cl A 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): 2.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.63x
- Recent ROE (2.33%) is below the historical average (10.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 16.11% | 6.88% | 0.76x | 3.09x | CN¥37.22 Million |
| 2022 | 15.07% | 5.94% | 0.82x | 3.11x | CN¥37.22 Million |
| 2023 | 7.93% | 4.94% | 0.66x | 2.45x | CN¥-26.75 Million |
| 2024 | 2.33% | 1.40% | 0.64x | 2.63x | CN¥-100.49 Million |
Industry Comparison
This section compares Ningbo Yibin Electronic Technology Co. Ltd. Cl A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Yibin Electronic Technology Co. Ltd. Cl A (001278) | CN¥1.28 Billion | 16.11% | 1.82x | $175.18 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |