Anhui Xinlong Electrical Co Ltd (002298) - Net Assets
Based on the latest financial reports, Anhui Xinlong Electrical Co Ltd (002298) has net assets worth CN¥2.39 Billion CNY (≈ $349.36 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¥5.28 Billion ≈ $773.36 Million USD) and total liabilities (CN¥2.90 Billion ≈ $423.99 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 002298 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.39 Billion |
| % of Total Assets | 45.17% |
| Annual Growth Rate | 16.93% |
| 5-Year Change | -55.08% |
| 10-Year Change | -32.43% |
| Growth Volatility | 51.81 |
Anhui Xinlong Electrical Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Anhui Xinlong Electrical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Anhui Xinlong Electrical Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Anhui Xinlong Electrical Co Ltd (2006–2024)
The table below shows the annual net assets of Anhui Xinlong Electrical Co Ltd from 2006 to 2024. For live valuation and market cap data, see Anhui Xinlong Electrical Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.10 Billion ≈ $307.84 Million |
-43.76% |
| 2023-12-31 | CN¥3.74 Billion ≈ $547.37 Million |
-14.41% |
| 2022-12-31 | CN¥4.37 Billion ≈ $639.54 Million |
-16.38% |
| 2021-12-31 | CN¥5.23 Billion ≈ $764.77 Million |
+11.60% |
| 2020-12-31 | CN¥4.68 Billion ≈ $685.27 Million |
+2.05% |
| 2019-12-31 | CN¥4.59 Billion ≈ $671.53 Million |
+3.89% |
| 2018-12-31 | CN¥4.42 Billion ≈ $646.41 Million |
-1.26% |
| 2017-12-31 | CN¥4.47 Billion ≈ $654.66 Million |
+3.91% |
| 2016-12-31 | CN¥4.31 Billion ≈ $630.03 Million |
+38.29% |
| 2015-12-31 | CN¥3.11 Billion ≈ $455.59 Million |
+135.73% |
| 2014-12-31 | CN¥1.32 Billion ≈ $193.27 Million |
+2.04% |
| 2013-12-31 | CN¥1.29 Billion ≈ $189.41 Million |
+9.38% |
| 2012-12-31 | CN¥1.18 Billion ≈ $173.17 Million |
+106.79% |
| 2011-12-31 | CN¥572.26 Million ≈ $83.74 Million |
+16.38% |
| 2010-12-31 | CN¥491.72 Million ≈ $71.95 Million |
+8.01% |
| 2009-12-31 | CN¥455.25 Million ≈ $66.62 Million |
+158.04% |
| 2008-12-31 | CN¥176.43 Million ≈ $25.82 Million |
+17.82% |
| 2007-12-31 | CN¥149.75 Million ≈ $21.91 Million |
+18.94% |
| 2006-12-31 | CN¥125.90 Million ≈ $18.42 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Anhui Xinlong Electrical 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 11420.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥740.11 Million | 36.67% |
| Other Comprehensive Income | CN¥80.20 Million | 3.97% |
| Other Components | CN¥2.89 Billion | 142.94% |
| Total Equity | CN¥2.02 Billion | 100.00% |
Anhui Xinlong Electrical Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Xinlong Electrical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioPharma Credit PLC
LSE:BPCR
|
$1.06 Billion |
|
Huizhou China Eagle Electronic Technology Co Ltd
SHE:002579
|
$1.06 Billion |
|
Safehold Inc
NYSE:SAFE
|
$1.06 Billion |
|
CRA International Inc
NASDAQ:CRAI
|
$1.06 Billion |
|
Elsight Ltd
AU:ELS
|
$1.06 Billion |
|
Green Cross Corp
KO:006280
|
$1.06 Billion |
|
Corbion N.V.
F:CSU
|
$1.06 Billion |
|
Anhui Expressway Company Limited
F:HU7
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Xinlong Electrical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,594,532,888 to 2,018,366,345, a change of -1,576,166,543 (-43.8%).
- Net loss of 1,548,745,065 reduced equity.
- Dividend payments of 31,650,513 reduced retained earnings.
- Other comprehensive income increased equity by 80,195,519.
- Other factors decreased equity by 75,966,484.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.55 Billion | -76.73% |
| Dividends Paid | CN¥31.65 Million | -1.57% |
| Other Comprehensive Income | CN¥80.20 Million | +3.97% |
| Other Changes | CN¥-75.97 Million | -3.76% |
| Total Change | CN¥- | -43.85% |
Book Value vs Market Value Analysis
This analysis compares Anhui Xinlong Electrical 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: 3.48x
- 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 19.71x to 3.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.50 | CN¥9.80 | x |
| 2007-12-31 | CN¥0.60 | CN¥9.80 | x |
| 2008-12-31 | CN¥0.71 | CN¥9.80 | x |
| 2009-12-31 | CN¥1.69 | CN¥9.80 | x |
| 2010-12-31 | CN¥1.48 | CN¥9.80 | x |
| 2011-12-31 | CN¥1.67 | CN¥9.80 | x |
| 2012-12-31 | CN¥3.13 | CN¥9.80 | x |
| 2013-12-31 | CN¥3.10 | CN¥9.80 | x |
| 2014-12-31 | CN¥3.09 | CN¥9.80 | x |
| 2015-12-31 | CN¥6.12 | CN¥9.80 | x |
| 2016-12-31 | CN¥6.39 | CN¥9.80 | x |
| 2017-12-31 | CN¥6.11 | CN¥9.80 | x |
| 2018-12-31 | CN¥6.02 | CN¥9.80 | x |
| 2019-12-31 | CN¥6.54 | CN¥9.80 | x |
| 2020-12-31 | CN¥6.71 | CN¥9.80 | x |
| 2021-12-31 | CN¥7.06 | CN¥9.80 | x |
| 2022-12-31 | CN¥5.85 | CN¥9.80 | x |
| 2023-12-31 | CN¥4.99 | CN¥9.80 | x |
| 2024-12-31 | CN¥2.81 | CN¥9.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Xinlong Electrical 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): -76.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.30%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.59x
- Recent ROE (-76.73%) is below the historical average (0.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 11.03% | 5.28% | 0.50x | 4.21x | CN¥1.26 Million |
| 2007 | 16.34% | 6.49% | 0.65x | 3.86x | CN¥9.29 Million |
| 2008 | 15.93% | 6.63% | 0.68x | 3.54x | CN¥10.34 Million |
| 2009 | 8.39% | 7.41% | 0.60x | 1.90x | CN¥-7.27 Million |
| 2010 | 8.75% | 7.01% | 0.53x | 2.37x | CN¥-6.13 Million |
| 2011 | 13.18% | 8.43% | 0.59x | 2.65x | CN¥17.55 Million |
| 2012 | 8.19% | 10.10% | 0.46x | 1.75x | CN¥-21.01 Million |
| 2013 | 6.85% | 9.66% | 0.39x | 1.80x | CN¥-40.28 Million |
| 2014 | 1.17% | 1.85% | 0.36x | 1.77x | CN¥-113.05 Million |
| 2015 | 2.22% | 7.60% | 0.17x | 1.70x | CN¥-232.77 Million |
| 2016 | 3.75% | 9.32% | 0.31x | 1.30x | CN¥-260.02 Million |
| 2017 | 4.00% | 8.50% | 0.35x | 1.36x | CN¥-258.01 Million |
| 2018 | 4.16% | 7.12% | 0.39x | 1.49x | CN¥-245.41 Million |
| 2019 | 6.51% | 10.33% | 0.39x | 1.63x | CN¥-152.56 Million |
| 2020 | 6.68% | 10.83% | 0.37x | 1.67x | CN¥-148.80 Million |
| 2021 | 4.11% | 7.42% | 0.35x | 1.60x | CN¥-295.28 Million |
| 2022 | -20.48% | -35.60% | 0.32x | 1.77x | CN¥-1.28 Billion |
| 2023 | -16.42% | -26.37% | 0.33x | 1.90x | CN¥-949.57 Million |
| 2024 | -76.73% | -79.30% | 0.37x | 2.59x | CN¥-1.75 Billion |
Industry Comparison
This section compares Anhui Xinlong Electrical Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Xinlong Electrical Co Ltd (002298) | CN¥2.39 Billion | 11.03% | 1.21x | $1.06 Billion |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Anhui Xinlong Electrical Co Ltd
Anhui ZhongDianXinLong Science and Technology Co., Ltd. researches, develops, manufactures, sells, and services of smart energy-using products for electrical machinery manufacturing industry in China. It offers smart city products, including high-definition network cameras; soSCMS, a security-oriented smart city integrated management platform; ITS-CMS, an intelligent transportation central contro… Read more