Miracle Automation Engineering (002009) - Net Assets

Latest as of March 2026: CN¥2.04 Billion CNY ≈ $298.74 Million USD

Based on the latest financial reports, Miracle Automation Engineering (002009) has net assets worth CN¥2.04 Billion CNY (≈ $298.74 Million 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¥5.51 Billion ≈ $806.55 Million USD) and total liabilities (CN¥3.47 Billion ≈ $507.82 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 tangible equity quality of Miracle Automation Engineering to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.04 Billion
% of Total Assets 37.04%
Annual Growth Rate 16.95%
5-Year Change -8.45%
10-Year Change -6.96%
Growth Volatility 46.62

Miracle Automation Engineering - Net Assets Trend (2001–2025)

This chart illustrates how Miracle Automation Engineering's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Miracle Automation Engineering to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Miracle Automation Engineering (2001–2025)

The table below shows the annual net assets of Miracle Automation Engineering from 2001 to 2025. For live valuation and market cap data, see Miracle Automation Engineering stock valuation.

Year Net Assets Change
2025-12-31 CN¥2.01 Billion
≈ $294.54 Million
+3.95%
2024-12-31 CN¥1.94 Billion
≈ $283.36 Million
-11.30%
2023-12-31 CN¥2.18 Billion
≈ $319.47 Million
-5.16%
2022-12-31 CN¥2.30 Billion
≈ $336.85 Million
+4.71%
2021-12-31 CN¥2.20 Billion
≈ $321.71 Million
+5.51%
2020-12-31 CN¥2.08 Billion
≈ $304.90 Million
-0.57%
2019-12-31 CN¥2.10 Billion
≈ $306.64 Million
-16.29%
2018-12-31 CN¥2.50 Billion
≈ $366.33 Million
+12.74%
2017-12-31 CN¥2.22 Billion
≈ $324.95 Million
+2.65%
2016-12-31 CN¥2.16 Billion
≈ $316.57 Million
+8.20%
2015-12-31 CN¥2.00 Billion
≈ $292.59 Million
+25.13%
2014-12-31 CN¥1.60 Billion
≈ $233.83 Million
+6.17%
2013-12-31 CN¥1.51 Billion
≈ $220.25 Million
+100.39%
2012-12-31 CN¥751.11 Million
≈ $109.91 Million
+2.96%
2011-12-31 CN¥729.53 Million
≈ $106.75 Million
+0.68%
2010-12-31 CN¥724.58 Million
≈ $106.03 Million
+48.63%
2009-12-31 CN¥487.51 Million
≈ $71.34 Million
+6.00%
2008-12-31 CN¥459.91 Million
≈ $67.30 Million
+15.13%
2007-12-31 CN¥399.45 Million
≈ $58.45 Million
+17.20%
2006-12-31 CN¥340.82 Million
≈ $49.87 Million
+14.71%
2005-12-31 CN¥297.11 Million
≈ $43.48 Million
+8.57%
2004-12-31 CN¥273.65 Million
≈ $40.04 Million
+216.75%
2003-12-31 CN¥86.39 Million
≈ $12.64 Million
+33.13%
2002-12-31 CN¥64.90 Million
≈ $9.50 Million
+38.16%
2001-12-31 CN¥46.97 Million
≈ $6.87 Million
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Equity Component Analysis

This analysis shows how different components contribute to Miracle Automation Engineering'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 4022.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥455.41 Million 22.45%
Other Components CN¥1.57 Billion 77.55%
Total Equity CN¥2.03 Billion 100.00%

Miracle Automation Engineering Competitors by Market Cap

The table below lists competitors of Miracle Automation Engineering ranked by their market capitalization.

Company Market Cap
Shenzhen AV-Display Co. Ltd.
SHE:300939
$1.23 Billion
Bukit Uluwatu Villa Tbk
JK:BUVA
$1.23 Billion
Astec Industries Inc
NASDAQ:ASTE
$1.23 Billion
Heidrick & Struggles International
NASDAQ:HSII
$1.23 Billion
Jiangsu Wuyang Parking Industry Group Co Ltd
SHE:300420
$1.22 Billion
Suzhou Shihua New Material Technology Co Ltd
SHG:688093
$1.22 Billion
China Communications Services Corporation Limited
F:CMW
$1.22 Billion
Shanghai Prisemi Electronics Co Ltd
SHG:688230
$1.22 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Miracle Automation Engineering's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,935,750,330 to 2,028,853,252, a change of 93,102,922 (4.8%).
  • Net income of 54,682,922 contributed positively to equity growth.
  • Dividend payments of 64,671,396 reduced retained earnings.
  • Other comprehensive income decreased equity by 211,306,109.
  • Other factors increased equity by 314,397,505.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥54.68 Million +2.7%
Dividends Paid CN¥64.67 Million -3.19%
Other Comprehensive Income CN¥-211.31 Million -10.42%
Other Changes CN¥314.40 Million +15.5%
Total Change CN¥- 4.81%

Book Value vs Market Value Analysis

This analysis compares Miracle Automation Engineering'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: 4.12x
  • 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 167.96x to 4.12x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.12 CN¥20.80 x
2002-12-31 CN¥0.17 CN¥20.80 x
2003-12-31 CN¥0.23 CN¥20.80 x
2004-12-31 CN¥1.24 CN¥20.80 x
2005-12-31 CN¥1.32 CN¥20.80 x
2006-12-31 CN¥1.43 CN¥20.80 x
2007-12-31 CN¥1.67 CN¥20.80 x
2008-12-31 CN¥1.92 CN¥20.80 x
2009-12-31 CN¥2.01 CN¥20.80 x
2010-12-31 CN¥2.23 CN¥20.80 x
2011-12-31 CN¥2.44 CN¥20.80 x
2012-12-31 CN¥2.59 CN¥20.80 x
2013-12-31 CN¥4.69 CN¥20.80 x
2014-12-31 CN¥3.95 CN¥20.80 x
2015-12-31 CN¥4.78 CN¥20.80 x
2016-12-31 CN¥5.15 CN¥20.80 x
2017-12-31 CN¥5.36 CN¥20.80 x
2018-12-31 CN¥5.59 CN¥20.80 x
2019-12-31 CN¥5.33 CN¥20.80 x
2020-12-31 CN¥5.06 CN¥20.80 x
2021-12-31 CN¥5.65 CN¥20.80 x
2022-12-31 CN¥5.88 CN¥20.80 x
2023-12-31 CN¥5.54 CN¥20.80 x
2024-12-31 CN¥4.78 CN¥20.80 x
2025-12-31 CN¥5.04 CN¥20.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Miracle Automation Engineering 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): 2.70%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.98%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 2.71x
  • Recent ROE (2.70%) is below the historical average (7.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 24.47% 12.30% 0.85x 2.33x CN¥6.80 Million
2002 26.78% 12.38% 0.75x 2.89x CN¥10.89 Million
2003 24.83% 10.71% 0.73x 3.17x CN¥12.81 Million
2004 8.03% 7.68% 0.59x 1.78x CN¥-5.37 Million
2005 9.04% 12.28% 0.42x 1.75x CN¥-2.81 Million
2006 8.35% 10.36% 0.36x 2.24x CN¥-5.25 Million
2007 11.98% 10.22% 0.39x 3.02x CN¥7.29 Million
2008 12.50% 6.06% 0.67x 3.06x CN¥10.47 Million
2009 0.50% 0.34% 0.39x 3.73x CN¥-39.85 Million
2010 15.72% 7.29% 0.42x 5.12x CN¥28.49 Million
2011 6.97% 2.40% 0.51x 5.66x CN¥-16.15 Million
2012 8.49% 2.84% 0.53x 5.61x CN¥-8.67 Million
2013 3.20% 2.45% 0.45x 2.93x CN¥-90.90 Million
2014 9.12% 6.72% 0.50x 2.73x CN¥-12.58 Million
2015 5.65% 4.54% 0.47x 2.63x CN¥-75.93 Million
2016 5.44% 4.27% 0.51x 2.52x CN¥-87.17 Million
2017 4.29% 3.45% 0.46x 2.69x CN¥-112.89 Million
2018 6.62% 3.95% 0.58x 2.89x CN¥-70.55 Million
2019 3.57% 2.28% 0.54x 2.91x CN¥-129.90 Million
2020 3.16% 1.70% 0.61x 3.07x CN¥-132.16 Million
2021 7.26% 3.99% 0.61x 3.00x CN¥-56.99 Million
2022 9.02% 4.54% 0.60x 3.31x CN¥-21.52 Million
2023 -19.67% -11.48% 0.56x 3.08x CN¥-625.99 Million
2024 -13.18% -8.62% 0.51x 3.02x CN¥-448.67 Million
2025 2.70% 1.98% 0.50x 2.71x CN¥-148.20 Million

Industry Comparison

This section compares Miracle Automation Engineering's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,053,540,271
  • Average return on equity (ROE) among peers: 4.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Miracle Automation Engineering (002009) CN¥2.04 Billion 24.47% 1.70x $1.22 Billion
Huayi Compressor Co Ltd (000404) $2.70 Billion 6.94% 1.45x $768.94 Million
Shenyang Machine Tool Co Ltd (000410) $1.11 Billion 8.63% 3.77x $1.98 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.75 Billion 8.40% 0.54x $4.14 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $657.04 Million 17.35% 0.68x $478.11 Million
Changchai Co Ltd (000570) $2.06 Billion 3.02% 0.72x $409.83 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $437.03 Million 6.41% 1.13x $32.29 Million
Baota Industry Co Ltd (000595) $356.47 Million -22.08% 1.87x $1.07 Billion
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.10 Billion
J.S. Corrugating Machinery Co Ltd (000821) $2.36 Billion 2.28% 1.62x $788.41 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $803.92 Million 9.00% 0.67x $1.83 Billion

About Miracle Automation Engineering

SHE:002009 China Specialty Industrial Machinery
Market Cap
$1.22 Billion
CN¥8.37 Billion CNY
Market Cap Rank
#8204 Global
#1983 in China
Share Price
CN¥20.80
Change (1 day)
+0.92%
52-Week Range
CN¥14.20 - CN¥35.87
All Time High
CN¥35.87
About

Miracle Automation Engineering Co.Ltd provides intelligent equipment solutions and services in China and internationally. The company offers equipment for automobile manufacturing, intelligent storage, scrapped vehicle recycling, lithium battery recycling, new energy engineering, heavy industry manufacturing, and other industrial fields. It also provides consulting, design, manufacturing, install… Read more