Shandong Weida Machinery Co Ltd (002026) - Net Assets

Latest as of September 2025: CN¥3.79 Billion CNY ≈ $554.31 Million USD

Based on the latest financial reports, Shandong Weida Machinery Co Ltd (002026) has net assets worth CN¥3.79 Billion CNY (≈ $554.31 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.72 Billion ≈ $690.68 Million USD) and total liabilities (CN¥931.92 Million ≈ $136.37 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 002026 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.79 Billion
% of Total Assets	80.26%
Annual Growth Rate	18.55%
5-Year Change	42.2%
10-Year Change	124.27%
Growth Volatility	42.52

Shandong Weida Machinery Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Shandong Weida Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002026 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Shandong Weida Machinery Co Ltd (2001–2024)

The table below shows the annual net assets of Shandong Weida Machinery Co Ltd from 2001 to 2024. For live valuation and market cap data, see Shandong Weida Machinery Co Ltd (002026) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥3.67 Billion ≈ $536.33 Million	+6.11%
2023-12-31	CN¥3.45 Billion ≈ $505.46 Million	+4.43%
2022-12-31	CN¥3.31 Billion ≈ $484.02 Million	+5.82%
2021-12-31	CN¥3.13 Billion ≈ $457.41 Million	+21.28%
2020-12-31	CN¥2.58 Billion ≈ $377.17 Million	+10.53%
2019-12-31	CN¥2.33 Billion ≈ $341.24 Million	-6.38%
2018-12-31	CN¥2.49 Billion ≈ $364.52 Million	+6.03%
2017-12-31	CN¥2.35 Billion ≈ $343.80 Million	+4.48%
2016-12-31	CN¥2.25 Billion ≈ $329.05 Million	+37.59%
2015-12-31	CN¥1.63 Billion ≈ $239.15 Million	+4.00%
2014-12-31	CN¥1.57 Billion ≈ $229.96 Million	+122.38%
2013-12-31	CN¥706.68 Million ≈ $103.41 Million	+5.54%
2012-12-31	CN¥669.57 Million ≈ $97.98 Million	+9.26%
2011-12-31	CN¥612.80 Million ≈ $89.67 Million	+9.00%
2010-12-31	CN¥562.20 Million ≈ $82.27 Million	+6.51%
2009-12-31	CN¥527.82 Million ≈ $77.24 Million	+4.74%
2008-12-31	CN¥503.91 Million ≈ $73.74 Million	+2.95%
2007-12-31	CN¥489.47 Million ≈ $71.62 Million	+7.43%
2006-12-31	CN¥455.61 Million ≈ $66.67 Million	+5.08%
2005-12-31	CN¥433.58 Million ≈ $63.45 Million	+3.30%
2004-12-31	CN¥419.72 Million ≈ $61.42 Million	+178.07%
2003-12-31	CN¥150.94 Million ≈ $22.09 Million	+24.25%
2002-12-31	CN¥121.48 Million ≈ $17.78 Million	+66.12%
2001-12-31	CN¥73.13 Million ≈ $10.70 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shandong Weida Machinery 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 5271.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.49 Billion	40.76%
Common Stock	CN¥445.67 Million	12.23%
Other Comprehensive Income	CN¥290.09 Million	7.96%
Other Components	CN¥1.42 Billion	39.05%
Total Equity	CN¥3.64 Billion	100.00%

Shandong Weida Machinery Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Weida Machinery Co Ltd ranked by their market capitalization.

Company	Market Cap
Vamos Locação de Caminhões Máquinas e Equipamentos S.A SA:VAMO3	$828.37 Million
Argo Properties NV TA:ARGO	$828.43 Million
Heritage Commerce Corp NASDAQ:HTBK	$828.43 Million
Standard Foods Corp TW:1227	$828.56 Million
Vanjee Technology Co Ltd SHE:300552	$828.36 Million
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co Ltd SHG:688505	$828.11 Million
Abacus Life Inc. NASDAQ:ABL	$827.97 Million
Ramaco Resources Inc NASDAQ:METC	$827.70 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Weida Machinery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,420,823,340 to 3,644,143,322, a change of 223,319,982 (6.5%).
Net income of 300,026,866 contributed positively to equity growth.
Dividend payments of 81,600,889 reduced retained earnings.
Other comprehensive income increased equity by 31,394,673.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥300.03 Million	+8.23%
Dividends Paid	CN¥81.60 Million	-2.24%
Other Comprehensive Income	CN¥31.39 Million	+0.86%
Other Changes	CN¥-26.50 Million	-0.73%
Total Change	CN¥-	6.53%

Book Value vs Market Value Analysis

This analysis compares Shandong Weida Machinery 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: 1.58x
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 77.44x to 1.58x 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¥0.17	CN¥12.85	x
2002-12-31	CN¥0.25	CN¥12.85	x
2003-12-31	CN¥0.61	CN¥12.85	x
2004-12-31	CN¥1.78	CN¥12.85	x
2005-12-31	CN¥1.90	CN¥12.85	x
2006-12-31	CN¥1.99	CN¥12.85	x
2007-12-31	CN¥2.14	CN¥12.85	x
2008-12-31	CN¥2.21	CN¥12.85	x
2009-12-31	CN¥2.31	CN¥12.85	x
2010-12-31	CN¥2.49	CN¥12.85	x
2011-12-31	CN¥2.72	CN¥12.85	x
2012-12-31	CN¥2.93	CN¥12.85	x
2013-12-31	CN¥3.08	CN¥12.85	x
2014-12-31	CN¥5.40	CN¥12.85	x
2015-12-31	CN¥4.37	CN¥12.85	x
2016-12-31	CN¥5.61	CN¥12.85	x
2017-12-31	CN¥5.60	CN¥12.85	x
2018-12-31	CN¥5.91	CN¥12.85	x
2019-12-31	CN¥5.54	CN¥12.85	x
2020-12-31	CN¥6.08	CN¥12.85	x
2021-12-31	CN¥7.03	CN¥12.85	x
2022-12-31	CN¥7.35	CN¥12.85	x
2023-12-31	CN¥7.61	CN¥12.85	x
2024-12-31	CN¥8.14	CN¥12.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Weida Machinery 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): 8.23%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.51%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.40x
Recent ROE (8.23%) is below the historical average (8.59%), 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	22.18%	12.82%	1.06x	1.62x	CN¥8.90 Million
2002	21.99%	11.52%	0.94x	2.04x	CN¥13.17 Million
2003	20.71%	9.85%	1.01x	2.09x	CN¥14.81 Million
2004	7.85%	10.81%	0.53x	1.36x	CN¥-8.70 Million
2005	8.14%	12.57%	0.48x	1.34x	CN¥-8.07 Million
2006	6.80%	10.76%	0.51x	1.23x	CN¥-14.56 Million
2007	8.19%	11.02%	0.59x	1.26x	CN¥-8.88 Million
2008	5.81%	7.60%	0.64x	1.20x	CN¥-21.13 Million
2009	6.06%	8.31%	0.57x	1.29x	CN¥-20.78 Million
2010	8.04%	9.38%	0.64x	1.34x	CN¥-11.04 Million
2011	10.46%	10.02%	0.80x	1.31x	CN¥2.83 Million
2012	9.79%	10.17%	0.73x	1.32x	CN¥-1.41 Million
2013	6.49%	6.39%	0.69x	1.47x	CN¥-24.78 Million
2014	6.30%	12.28%	0.41x	1.26x	CN¥-58.14 Million
2015	4.90%	9.66%	0.41x	1.24x	CN¥-83.40 Million
2016	4.63%	8.81%	0.43x	1.23x	CN¥-120.43 Million
2017	5.36%	8.54%	0.50x	1.26x	CN¥-108.89 Million
2018	6.26%	9.34%	0.54x	1.24x	CN¥-92.81 Million
2019	-5.19%	-7.67%	0.55x	1.24x	CN¥-353.64 Million
2020	9.89%	11.75%	0.67x	1.25x	CN¥-2.93 Million
2021	12.14%	11.37%	0.68x	1.57x	CN¥66.30 Million
2022	6.31%	8.37%	0.49x	1.54x	CN¥-120.73 Million
2023	4.86%	7.03%	0.45x	1.55x	CN¥-175.69 Million
2024	8.23%	13.51%	0.43x	1.40x	CN¥-64.39 Million

Industry Comparison

This section compares Shandong Weida Machinery 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: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shandong Weida Machinery Co Ltd (002026)	CN¥3.79 Billion	22.18%	0.25x	$828.36 Million
Huayi Compressor Co Ltd (000404)	$4.89 Billion	8.55%	1.57x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$824.03 Million	-170.30%	29.09x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$319.51 Million	4.81%	0.48x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$3.45 Billion	2.58%	0.60x	$520.37 Million
Changchai Co Ltd (000570)	$3.36 Billion	2.28%	0.55x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$327.45 Million	-65.69%	8.93x	$32.29 Million
Baota Industry Co Ltd (000595)	$746.32 Million	-18.39%	0.62x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$280.92 Million	8.98%	0.50x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.30 Billion	-22.46%	1.14x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About Shandong Weida Machinery Co Ltd

SHE:002026 China Specialty Industrial Machinery

Market Cap

$828.36 Million

CN¥5.66 Billion CNY

Market Cap Rank

#9982 Global

#2835 in China

Share Price

CN¥12.85

Change (1 day)

-0.70%

52-Week Range

CN¥10.48 - CN¥16.93

All Time High

CN¥22.02