Miracle Automation Engineering (002009) - Net Assets
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
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