Beijing Creative Distribution Automation Co Ltd
Beijing Creative Group Co., Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of power distribution and control equipment in China and internationally. The company offers oil-immersed distribution transformers; overhead fault indicator products comprising FLS-sub transmitters, fault indicators, and fault locating systems; pole mounted automatic c… Read more
Beijing Creative Distribution Automation Co Ltd (002350) - Net Assets
Latest net assets as of September 2025: CN¥1.70 Billion CNY
Based on the latest financial reports, Beijing Creative Distribution Automation Co Ltd (002350) has net assets worth CN¥1.70 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¥2.91 Billion) and total liabilities (CN¥1.21 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¥1.70 Billion |
| % of Total Assets | 58.38% |
| Annual Growth Rate | 12.05% |
| 5-Year Change | -15.76% |
| 10-Year Change | 50.25% |
| Growth Volatility | 44.49 |
Beijing Creative Distribution Automation Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Beijing Creative Distribution 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 Beijing Creative Distribution Automation Co Ltd (2006–2024)
The table below shows the annual net assets of Beijing Creative Distribution Automation Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.74 Billion | -0.63% |
| 2023-12-31 | CN¥1.75 Billion | -10.10% |
| 2022-12-31 | CN¥1.95 Billion | -6.65% |
| 2021-12-31 | CN¥2.09 Billion | +1.02% |
| 2020-12-31 | CN¥2.07 Billion | +5.02% |
| 2019-12-31 | CN¥1.97 Billion | +7.78% |
| 2018-12-31 | CN¥1.83 Billion | +40.76% |
| 2017-12-31 | CN¥1.30 Billion | +5.16% |
| 2016-12-31 | CN¥1.23 Billion | +6.47% |
| 2015-12-31 | CN¥1.16 Billion | +2.86% |
| 2014-12-31 | CN¥1.13 Billion | +8.19% |
| 2013-12-31 | CN¥1.04 Billion | +1.98% |
| 2012-12-31 | CN¥1.02 Billion | +4.45% |
| 2011-12-31 | CN¥978.11 Million | +7.49% |
| 2010-12-31 | CN¥909.93 Million | +195.45% |
| 2009-12-31 | CN¥307.98 Million | +8.76% |
| 2008-12-31 | CN¥283.18 Million | +14.82% |
| 2007-12-31 | CN¥246.62 Million | +9.69% |
| 2006-12-31 | CN¥224.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Creative Distribution 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 grown by 320.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥438.23 Million | 25.95% |
| Common Stock | CN¥542.33 Million | 32.11% |
| Other Comprehensive Income | CN¥135.90 Million | 8.05% |
| Other Components | CN¥572.47 Million | 33.90% |
| Total Equity | CN¥1.69 Billion | 100.00% |
Beijing Creative Distribution Automation Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Creative Distribution Automation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jindal Saw Limited
NSE:JINDALSAW
|
$525.65 Million |
|
CSBC Corp Taiwan
TW:2208
|
$525.67 Million |
|
Jafco Company Ltd
OTCGREY:JFKOF
|
$525.86 Million |
|
THEME INTL HLDGS HD-0025
F:TM4C
|
$525.87 Million |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
|
$525.36 Million |
|
Hebei Jianxin Chemical Co Ltd
SHE:300107
|
$525.28 Million |
|
Suzhou New District Hi Tech Industrial Co Ltd
SHG:600736
|
$524.98 Million |
|
Shandong Intco Recycling Resources Co Ltd
SHG:688087
|
$524.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Creative Distribution Automation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,696,378,822 to 1,688,930,039, a change of -7,448,783 (-0.4%).
- Net income of 39,208,866 contributed positively to equity growth.
- Dividend payments of 3,982,107 reduced retained earnings.
- Share repurchases of 45,255,390 reduced equity.
- Other comprehensive income increased equity by 135,838,446.
- Other factors decreased equity by 133,258,598.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥39.21 Million | +2.32% |
| Dividends Paid | CN¥3.98 Million | -0.24% |
| Share Repurchases | CN¥45.26 Million | -2.68% |
| Other Comprehensive Income | CN¥135.84 Million | +8.04% |
| Other Changes | CN¥-133.26 Million | -7.89% |
| Total Change | CN¥- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares Beijing Creative Distribution 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: 4.17x
- 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 18.10x to 4.17x 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¥0.74 | CN¥13.36 | x |
| 2007-12-31 | CN¥0.81 | CN¥13.36 | x |
| 2008-12-31 | CN¥0.93 | CN¥13.36 | x |
| 2009-12-31 | CN¥0.84 | CN¥13.36 | x |
| 2010-12-31 | CN¥1.94 | CN¥13.36 | x |
| 2011-12-31 | CN¥2.08 | CN¥13.36 | x |
| 2012-12-31 | CN¥2.19 | CN¥13.36 | x |
| 2013-12-31 | CN¥2.19 | CN¥13.36 | x |
| 2014-12-31 | CN¥2.35 | CN¥13.36 | x |
| 2015-12-31 | CN¥2.36 | CN¥13.36 | x |
| 2016-12-31 | CN¥2.46 | CN¥13.36 | x |
| 2017-12-31 | CN¥2.50 | CN¥13.36 | x |
| 2018-12-31 | CN¥3.32 | CN¥13.36 | x |
| 2019-12-31 | CN¥3.35 | CN¥13.36 | x |
| 2020-12-31 | CN¥3.48 | CN¥13.36 | x |
| 2021-12-31 | CN¥3.56 | CN¥13.36 | x |
| 2022-12-31 | CN¥3.50 | CN¥13.36 | x |
| 2023-12-31 | CN¥3.13 | CN¥13.36 | x |
| 2024-12-31 | CN¥3.20 | CN¥13.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Creative Distribution 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): 2.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.92%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.71x
- Recent ROE (2.32%) is below the historical average (7.41%), 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 | 12.79% | 7.88% | 0.86x | 1.88x | CN¥5.91 Million |
| 2007 | 17.81% | 10.85% | 0.98x | 1.68x | CN¥18.23 Million |
| 2008 | 21.80% | 12.11% | 1.05x | 1.72x | CN¥31.66 Million |
| 2009 | 24.10% | 12.49% | 1.07x | 1.81x | CN¥40.95 Million |
| 2010 | 5.58% | 8.77% | 0.50x | 1.27x | CN¥-39.34 Million |
| 2011 | 9.07% | 9.35% | 0.67x | 1.46x | CN¥-8.84 Million |
| 2012 | 8.01% | 7.13% | 0.76x | 1.49x | CN¥-19.94 Million |
| 2013 | 6.03% | 6.19% | 0.68x | 1.43x | CN¥-40.42 Million |
| 2014 | 6.82% | 5.46% | 0.79x | 1.59x | CN¥-34.29 Million |
| 2015 | 3.93% | 2.93% | 0.76x | 1.77x | CN¥-66.12 Million |
| 2016 | 6.61% | 4.30% | 0.76x | 2.03x | CN¥-39.14 Million |
| 2017 | 5.93% | 3.26% | 0.76x | 2.40x | CN¥-49.53 Million |
| 2018 | 5.86% | 4.01% | 0.71x | 2.04x | CN¥-72.29 Million |
| 2019 | 4.64% | 3.40% | 0.72x | 1.90x | CN¥-95.15 Million |
| 2020 | 2.94% | 2.51% | 0.66x | 1.78x | CN¥-131.57 Million |
| 2021 | 5.62% | 4.65% | 0.68x | 1.79x | CN¥-84.74 Million |
| 2022 | 0.84% | 0.72% | 0.65x | 1.80x | CN¥-170.95 Million |
| 2023 | -9.85% | -8.55% | 0.71x | 1.63x | CN¥-336.66 Million |
| 2024 | 2.32% | 1.92% | 0.71x | 1.71x | CN¥-129.68 Million |
Industry Comparison
This section compares Beijing Creative Distribution Automation 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: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Creative Distribution Automation Co Ltd (002350) | CN¥1.70 Billion | 12.79% | 0.71x | $525.58 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |