Weihai Huadong Automation Co Ltd
Weihai Huadong Automation Co., Ltd engages in the research and development, design, manufacturing, sale, and service of grinding and milling machine tools in China and internationally. The company offers surface, CNC surface, and gantry type surface grinders; vertical, horizontal, and gantry machining center products; and conventional cylindrical, CNC cylindrical, CNC vertical, and wheel head mov… Read more
Weihai Huadong Automation Co Ltd (002248) - Net Assets
Latest net assets as of September 2025: CN¥94.62 Million CNY
Based on the latest financial reports, Weihai Huadong Automation Co Ltd (002248) has net assets worth CN¥94.62 Million 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¥490.18 Million) and total liabilities (CN¥395.55 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¥94.62 Million |
| % of Total Assets | 19.3% |
| Annual Growth Rate | -1.72% |
| 5-Year Change | 40.94% |
| 10-Year Change | -92.56% |
| Growth Volatility | 50.73 |
Weihai Huadong Automation Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Weihai Huadong Automation 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 Huadong Automation Co Ltd (2005–2024)
The table below shows the annual net assets of Weihai Huadong Automation Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥70.43 Million | +15.81% |
| 2023-12-31 | CN¥60.82 Million | -20.31% |
| 2022-12-31 | CN¥76.32 Million | +20.44% |
| 2021-12-31 | CN¥63.37 Million | +26.80% |
| 2020-12-31 | CN¥49.98 Million | -41.46% |
| 2019-12-31 | CN¥85.37 Million | +20.08% |
| 2018-12-31 | CN¥71.10 Million | -89.10% |
| 2017-12-31 | CN¥652.45 Million | -1.20% |
| 2016-12-31 | CN¥660.37 Million | -30.23% |
| 2015-12-31 | CN¥946.43 Million | -20.54% |
| 2014-12-31 | CN¥1.19 Billion | +21.18% |
| 2013-12-31 | CN¥982.89 Million | -18.28% |
| 2012-12-31 | CN¥1.20 Billion | +3.38% |
| 2011-12-31 | CN¥1.16 Billion | +3.65% |
| 2010-12-31 | CN¥1.12 Billion | +59.76% |
| 2009-12-31 | CN¥702.62 Million | +28.93% |
| 2008-12-31 | CN¥544.97 Million | +168.30% |
| 2007-12-31 | CN¥203.12 Million | +67.73% |
| 2006-12-31 | CN¥121.10 Million | +23.68% |
| 2005-12-31 | CN¥97.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Weihai Huadong Automation 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 decreased by 27228.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥307.50 Million | 432.98% |
| Other Comprehensive Income | CN¥74.76 Million | 105.28% |
| Other Components | CN¥734.44 Million | 1034.17% |
| Total Equity | CN¥71.02 Million | 100.00% |
Weihai Huadong Automation Co Ltd Competitors by Market Cap
The table below lists competitors of Weihai Huadong Automation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
$460.52 Million |
|
SK IE Technology Co Ltd
KO:361610
|
$460.54 Million |
|
Nilfisk Holding A/S
CO:NLFSK
|
$460.67 Million |
|
DIGITAL CORE REIT
PINK:DGTCF
|
$460.68 Million |
|
Zhejiang Vie Science & Technology Co Ltd
SHE:002590
|
$460.42 Million |
|
Shandong Oriental Ocean Sci-Tech Co Ltd
SHE:002086
|
$460.31 Million |
|
Monro Muffler Brake Inc
NASDAQ:MNRO
|
$460.18 Million |
|
Aquestive Therapeutics Inc
NASDAQ:AQST
|
$460.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Weihai Huadong Automation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,392,923 to 71,017,881, a change of 9,624,958 (15.7%).
- Net income of 8,503,596 contributed positively to equity growth.
- Dividend payments of 3,904,819 reduced retained earnings.
- Other comprehensive income increased equity by 1,121,363.
- Other factors increased equity by 3,904,818.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.50 Million | +11.97% |
| Dividends Paid | CN¥3.90 Million | -5.5% |
| Other Comprehensive Income | CN¥1.12 Million | +1.58% |
| Other Changes | CN¥3.90 Million | +5.5% |
| Total Change | CN¥- | 15.68% |
Book Value vs Market Value Analysis
This analysis compares Weihai Huadong Automation 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: 53.16x
- 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 increased from 22.04x to 53.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.60 | CN¥13.32 | x |
| 2006-12-31 | CN¥0.72 | CN¥13.32 | x |
| 2007-12-31 | CN¥1.18 | CN¥13.32 | x |
| 2008-12-31 | CN¥2.38 | CN¥13.32 | x |
| 2009-12-31 | CN¥2.46 | CN¥13.32 | x |
| 2010-12-31 | CN¥4.02 | CN¥13.32 | x |
| 2011-12-31 | CN¥3.94 | CN¥13.32 | x |
| 2012-12-31 | CN¥3.55 | CN¥13.32 | x |
| 2013-12-31 | CN¥2.91 | CN¥13.32 | x |
| 2014-12-31 | CN¥2.78 | CN¥13.32 | x |
| 2015-12-31 | CN¥2.85 | CN¥13.32 | x |
| 2016-12-31 | CN¥2.09 | CN¥13.32 | x |
| 2017-12-31 | CN¥2.20 | CN¥13.32 | x |
| 2018-12-31 | CN¥0.34 | CN¥13.32 | x |
| 2019-12-31 | CN¥0.43 | CN¥13.32 | x |
| 2020-12-31 | CN¥0.16 | CN¥13.32 | x |
| 2021-12-31 | CN¥0.21 | CN¥13.32 | x |
| 2022-12-31 | CN¥0.25 | CN¥13.32 | x |
| 2023-12-31 | CN¥0.19 | CN¥13.32 | x |
| 2024-12-31 | CN¥0.25 | CN¥13.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Weihai Huadong Automation 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): 11.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.54%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 7.10x
- Recent ROE (11.97%) is above the historical average (-34.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.69% | 5.93% | 0.85x | 3.11x | CN¥5.41 Million |
| 2006 | 22.04% | 8.17% | 0.74x | 3.63x | CN¥14.19 Million |
| 2007 | 21.08% | 10.43% | 0.82x | 2.46x | CN¥21.84 Million |
| 2008 | 10.05% | 12.05% | 0.50x | 1.68x | CN¥239.86K |
| 2009 | 19.10% | 20.21% | 0.37x | 2.55x | CN¥55.25 Million |
| 2010 | 9.20% | 14.07% | 0.33x | 2.00x | CN¥-8.15 Million |
| 2011 | 2.03% | 3.33% | 0.22x | 2.74x | CN¥-82.10 Million |
| 2012 | -10.70% | -26.45% | 0.12x | 3.34x | CN¥-190.88 Million |
| 2013 | -23.03% | -51.48% | 0.12x | 3.59x | CN¥-247.94 Million |
| 2014 | 0.36% | 1.13% | 0.15x | 2.18x | CN¥-104.33 Million |
| 2015 | -24.25% | -91.90% | 0.11x | 2.47x | CN¥-299.07 Million |
| 2016 | -36.30% | -138.93% | 0.09x | 2.92x | CN¥-297.18 Million |
| 2017 | 5.46% | 33.48% | 0.07x | 2.27x | CN¥-30.92 Million |
| 2018 | -551.78% | -692.06% | 0.11x | 7.41x | CN¥-585.42 Million |
| 2019 | 10.10% | 8.24% | 0.27x | 4.58x | CN¥133.52K |
| 2020 | -174.46% | -40.22% | 0.40x | 10.72x | CN¥-89.31 Million |
| 2021 | 22.27% | 4.50% | 0.60x | 8.28x | CN¥7.82 Million |
| 2022 | 15.20% | 4.58% | 0.45x | 7.31x | CN¥3.99 Million |
| 2023 | -26.46% | -5.85% | 0.52x | 8.68x | CN¥-22.38 Million |
| 2024 | 11.97% | 2.54% | 0.66x | 7.10x | CN¥1.40 Million |
Industry Comparison
This section compares Weihai Huadong Automation 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weihai Huadong Automation Co Ltd (002248) | CN¥94.62 Million | 15.69% | 4.18x | $460.50 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |