Zhejiang XiaSha Precision
Lubair Aviation Technology Co., Ltd. provides aviation materials solutions worldwide. It provides civil aviation oil, aviation raw materials, aviation chemicals, and other professional aviation materials. The company also offers lubricating oil, seat belt, scouring pad, sheet material, fuse, decorative strip, marking pen, standard parts, surface treatment, glass mcro-ball material, test agent, de… Read more
Zhejiang XiaSha Precision (001316) - Net Assets
Latest net assets as of September 2025: CN¥1.25 Billion CNY
Based on the latest financial reports, Zhejiang XiaSha Precision (001316) has net assets worth CN¥1.25 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¥1.42 Billion) and total liabilities (CN¥166.00 Million). 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¥1.25 Billion |
| % of Total Assets | 88.31% |
| Annual Growth Rate | 28.67% |
| 5-Year Change | 240.25% |
| 10-Year Change | N/A |
| Growth Volatility | 42.81 |
Zhejiang XiaSha Precision - Net Assets Trend (2018–2024)
This chart illustrates how Zhejiang XiaSha Precision's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang XiaSha Precision (2018–2024)
The table below shows the annual net assets of Zhejiang XiaSha Precision from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.20 Billion | +3.43% |
| 2023-12-31 | CN¥1.16 Billion | +10.28% |
| 2022-12-31 | CN¥1.05 Billion | +120.12% |
| 2021-12-31 | CN¥476.25 Million | +35.52% |
| 2020-12-31 | CN¥351.43 Million | -9.56% |
| 2019-12-31 | CN¥388.60 Million | +47.52% |
| 2018-12-31 | CN¥263.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang XiaSha Precision'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 225.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥405.12 Million | 34.04% |
| Common Stock | CN¥82.26 Million | 6.91% |
| Other Components | CN¥702.65 Million | 59.04% |
| Total Equity | CN¥1.19 Billion | 100.00% |
Zhejiang XiaSha Precision Competitors by Market Cap
The table below lists competitors of Zhejiang XiaSha Precision ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henan Provincial Communications Planning & Design Institute Co Ltd Class A
SHE:300732
|
$218.19 Million |
|
Shree Renuka Sugars Limited
NSE:RENUKA
|
$218.20 Million |
|
TA-I Technology Co Ltd
TW:2478
|
$218.24 Million |
|
Vats Liquor Chain Store Management Joint Stock Co Ltd
SHE:300755
|
$218.25 Million |
|
Arizona Sonoran Copper Company Inc.
OTCQX:ASCUF
|
$218.14 Million |
|
Swaraj Engines Limited
NSE:SWARAJENG
|
$218.10 Million |
|
Kerry Logistics Network Limited
OTCGREY:KRRYF
|
$218.09 Million |
|
Nanjing Medlander Medical Technology Co. Ltd. A
SHG:688273
|
$218.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang XiaSha Precision's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,146,938,328 to 1,190,029,900, a change of 43,091,572 (3.8%).
- Net income of 88,524,568 contributed positively to equity growth.
- Dividend payments of 53,204,012 reduced retained earnings.
- Share repurchases of 3,502,425 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥88.52 Million | +7.44% |
| Dividends Paid | CN¥53.20 Million | -4.47% |
| Share Repurchases | CN¥3.50 Million | -0.29% |
| Other Changes | CN¥11.27 Million | +0.95% |
| Total Change | CN¥- | 3.76% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang XiaSha Precision'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: 3.27x
- 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 14.35x to 3.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CN¥3.29 | CN¥47.26 | x |
| 2019-12-31 | CN¥4.86 | CN¥47.26 | x |
| 2020-12-31 | CN¥43901205.88 | CN¥47.26 | x |
| 2021-12-31 | CN¥5.95 | CN¥47.26 | x |
| 2022-12-31 | CN¥13.10 | CN¥47.26 | x |
| 2023-12-31 | CN¥14.24 | CN¥47.26 | x |
| 2024-12-31 | CN¥14.46 | CN¥47.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang XiaSha Precision 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): 7.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.76%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.16x
- Recent ROE (7.44%) is below the historical average (17.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 32.83% | 10.48% | 1.43x | 2.19x | CN¥60.13 Million |
| 2019 | 20.01% | 9.13% | 1.51x | 1.45x | CN¥38.91 Million |
| 2020 | 18.96% | 9.22% | 1.44x | 1.43x | CN¥31.47 Million |
| 2021 | 27.15% | 18.56% | 1.20x | 1.22x | CN¥81.66 Million |
| 2022 | 7.55% | 14.09% | 0.50x | 1.08x | CN¥-25.65 Million |
| 2023 | 8.05% | 11.19% | 0.66x | 1.10x | CN¥-22.33 Million |
| 2024 | 7.44% | 9.76% | 0.66x | 1.16x | CN¥-30.48 Million |
Industry Comparison
This section compares Zhejiang XiaSha Precision's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $2,064,572,547
- Average return on equity (ROE) among peers: 9.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang XiaSha Precision (001316) | CN¥1.25 Billion | 32.83% | 0.13x | $218.15 Million |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $102.23 Million | 20.95% | 1.61x | $576.57 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $5.67 Billion | 4.58% | 0.28x | $1.93 Billion |
| 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 |