Weihai Guangtai Airport Equipment Co Ltd
Weihai Guangtai Airport Equipment Co.,Ltd engages in the manufacture and sale of ground support equipment and fire-fighting equipment in China and internationally. The company offers airport equipment, such as aircraft container cargo loaders, aircraft tractors, passenger shuttles, aircraft de-icing vehicles, gas source vehicles, aircraft tank refueling vehicles, airport snow removal vehicles, 40… Read more
Weihai Guangtai Airport Equipment Co Ltd (002111) - Net Assets
Latest net assets as of September 2025: CN¥3.11 Billion CNY
Based on the latest financial reports, Weihai Guangtai Airport Equipment Co Ltd (002111) has net assets worth CN¥3.11 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¥6.54 Billion) and total liabilities (CN¥3.43 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¥3.11 Billion |
| % of Total Assets | 47.58% |
| Annual Growth Rate | 22.86% |
| 5-Year Change | -4.0% |
| 10-Year Change | 53.49% |
| Growth Volatility | 40.43 |
Weihai Guangtai Airport Equipment Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Weihai Guangtai Airport Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Weihai Guangtai Airport Equipment Co Ltd (2003–2024)
The table below shows the annual net assets of Weihai Guangtai Airport Equipment Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.14 Billion | -2.56% |
| 2023-12-31 | CN¥3.22 Billion | +5.10% |
| 2022-12-31 | CN¥3.07 Billion | -6.71% |
| 2021-12-31 | CN¥3.29 Billion | +0.48% |
| 2020-12-31 | CN¥3.27 Billion | +10.30% |
| 2019-12-31 | CN¥2.97 Billion | +5.13% |
| 2018-12-31 | CN¥2.82 Billion | +5.64% |
| 2017-12-31 | CN¥2.67 Billion | -3.90% |
| 2016-12-31 | CN¥2.78 Billion | +35.82% |
| 2015-12-31 | CN¥2.05 Billion | +63.18% |
| 2014-12-31 | CN¥1.25 Billion | +7.41% |
| 2013-12-31 | CN¥1.17 Billion | +6.15% |
| 2012-12-31 | CN¥1.10 Billion | +6.83% |
| 2011-12-31 | CN¥1.03 Billion | +83.62% |
| 2010-12-31 | CN¥560.69 Million | +27.33% |
| 2009-12-31 | CN¥440.34 Million | +11.22% |
| 2008-12-31 | CN¥395.93 Million | +15.26% |
| 2007-12-31 | CN¥343.52 Million | +173.13% |
| 2006-12-31 | CN¥125.77 Million | +44.11% |
| 2005-12-31 | CN¥87.27 Million | +30.94% |
| 2004-12-31 | CN¥66.65 Million | +60.20% |
| 2003-12-31 | CN¥41.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Weihai Guangtai Airport Equipment 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 11424.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.32 Billion | 42.34% |
| Common Stock | CN¥532.00 Million | 17.08% |
| Other Comprehensive Income | CN¥242.40 Million | 7.78% |
| Other Components | CN¥1.02 Billion | 32.79% |
| Total Equity | CN¥3.11 Billion | 100.00% |
Weihai Guangtai Airport Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Weihai Guangtai Airport Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSB Bank Limited
NSE:CSBBANK
|
$383.55 Million |
|
PowerFleet, Inc.
NASDAQ:AIOT
|
$383.57 Million |
|
Shenzhen Emperor Technology Co Ltd
SHE:300546
|
$383.64 Million |
|
Shandong Synthesis Electronic Technology Co Ltd
SHE:300479
|
$383.73 Million |
|
Sierra Bancorp
NASDAQ:BSRR
|
$383.23 Million |
|
Shenzhen King Brother Electronics Technology Co.Ltd.
SHE:301041
|
$383.19 Million |
|
New Hope Dairy Co Ltd
SHE:002946
|
$383.09 Million |
|
Xiamen Savings Environmental
SHE:300056
|
$383.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Weihai Guangtai Airport Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,160,293,408 to 3,114,598,279, a change of -45,695,129 (-1.4%).
- Net income of 74,624,606 contributed positively to equity growth.
- Dividend payments of 109,021,282 reduced retained earnings.
- Share repurchases of 75,099,394 reduced equity.
- Other comprehensive income increased equity by 106,692,469.
- Other factors decreased equity by 42,891,528.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥74.62 Million | +2.4% |
| Dividends Paid | CN¥109.02 Million | -3.5% |
| Share Repurchases | CN¥75.10 Million | -2.41% |
| Other Comprehensive Income | CN¥106.69 Million | +3.43% |
| Other Changes | CN¥-42.89 Million | -1.38% |
| Total Change | CN¥- | -1.45% |
Book Value vs Market Value Analysis
This analysis compares Weihai Guangtai Airport Equipment 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: 1.80x
- 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 46.11x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.23 | CN¥10.55 | x |
| 2004-12-31 | CN¥0.37 | CN¥10.55 | x |
| 2005-12-31 | CN¥0.48 | CN¥10.55 | x |
| 2006-12-31 | CN¥0.47 | CN¥10.55 | x |
| 2007-12-31 | CN¥0.95 | CN¥10.55 | x |
| 2008-12-31 | CN¥1.07 | CN¥10.55 | x |
| 2009-12-31 | CN¥1.16 | CN¥10.55 | x |
| 2010-12-31 | CN¥1.51 | CN¥10.55 | x |
| 2011-12-31 | CN¥2.63 | CN¥10.55 | x |
| 2012-12-31 | CN¥2.56 | CN¥10.55 | x |
| 2013-12-31 | CN¥2.67 | CN¥10.55 | x |
| 2014-12-31 | CN¥2.90 | CN¥10.55 | x |
| 2015-12-31 | CN¥4.27 | CN¥10.55 | x |
| 2016-12-31 | CN¥5.17 | CN¥10.55 | x |
| 2017-12-31 | CN¥4.93 | CN¥10.55 | x |
| 2018-12-31 | CN¥5.20 | CN¥10.55 | x |
| 2019-12-31 | CN¥5.54 | CN¥10.55 | x |
| 2020-12-31 | CN¥6.08 | CN¥10.55 | x |
| 2021-12-31 | CN¥6.07 | CN¥10.55 | x |
| 2022-12-31 | CN¥5.67 | CN¥10.55 | x |
| 2023-12-31 | CN¥6.03 | CN¥10.55 | x |
| 2024-12-31 | CN¥5.86 | CN¥10.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Weihai Guangtai Airport Equipment 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): 2.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.58%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.07x
- Recent ROE (2.40%) is below the historical average (11.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 22.56% | 13.78% | 0.68x | 2.40x | CN¥5.23 Million |
| 2004 | 25.70% | 17.15% | 0.61x | 2.46x | CN¥10.47 Million |
| 2005 | 28.44% | 15.68% | 0.64x | 2.81x | CN¥16.09 Million |
| 2006 | 27.86% | 14.54% | 0.90x | 2.12x | CN¥22.46 Million |
| 2007 | 15.39% | 15.79% | 0.60x | 1.64x | CN¥18.50 Million |
| 2008 | 16.68% | 14.88% | 0.61x | 1.83x | CN¥26.18 Million |
| 2009 | 11.95% | 12.90% | 0.46x | 2.03x | CN¥8.19 Million |
| 2010 | 12.33% | 13.24% | 0.42x | 2.22x | CN¥12.67 Million |
| 2011 | 7.34% | 11.96% | 0.40x | 1.55x | CN¥-27.33 Million |
| 2012 | 8.09% | 10.96% | 0.45x | 1.66x | CN¥-20.97 Million |
| 2013 | 8.02% | 10.57% | 0.42x | 1.79x | CN¥-23.15 Million |
| 2014 | 8.86% | 10.95% | 0.41x | 2.00x | CN¥-14.29 Million |
| 2015 | 8.36% | 12.61% | 0.40x | 1.67x | CN¥-32.74 Million |
| 2016 | 6.36% | 10.84% | 0.37x | 1.57x | CN¥-96.56 Million |
| 2017 | 4.35% | 6.28% | 0.40x | 1.72x | CN¥-147.22 Million |
| 2018 | 8.52% | 10.74% | 0.48x | 1.66x | CN¥-40.70 Million |
| 2019 | 11.35% | 13.00% | 0.53x | 1.65x | CN¥39.54 Million |
| 2020 | 11.87% | 12.91% | 0.52x | 1.76x | CN¥60.27 Million |
| 2021 | 1.98% | 1.97% | 0.59x | 1.69x | CN¥-259.54 Million |
| 2022 | 7.94% | 10.23% | 0.43x | 1.79x | CN¥-62.26 Million |
| 2023 | 3.98% | 5.23% | 0.40x | 1.89x | CN¥-190.35 Million |
| 2024 | 2.40% | 2.58% | 0.45x | 2.07x | CN¥-236.84 Million |
Industry Comparison
This section compares Weihai Guangtai Airport Equipment Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $4,923,906,655
- Average return on equity (ROE) among peers: 9.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weihai Guangtai Airport Equipment Co Ltd (002111) | CN¥3.11 Billion | 22.56% | 1.10x | $383.43 Million |
| XCMG Construction Machinery Co Ltd (000425) | $20.48 Billion | 1.02% | 1.15x | $11.30 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $737.85 Million | 2.72% | 0.71x | $1.96 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $4.51 Billion | 1.03% | 1.49x | $1.25 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.54 Billion | -0.35% | 0.35x | $528.05 Million |
| Sinotruk Jinan Truck Co Ltd (000951) | $14.59 Billion | 1.46% | 1.36x | $1.65 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $474.72 Million | 1.13% | 1.63x | $610.98 Million |
| Anhui Tuoshan Heavy Industry Co. Ltd. (001226) | $252.67 Million | 34.83% | 1.21x | $123.77 Million |
| Nanchang Mineral Systems Co. Ltd. A (001360) | $569.40 Million | 21.21% | 1.34x | $202.86 Million |
| Sunward Intelligent Equipment Co Ltd (002097) | $163.46 Million | 23.10% | 1.31x | $970.29 Million |