Canny Elevator Co Ltd Net Assets
Canny Elevator Co Ltd net assets. Based on the latest financial reports, Canny Elevator Co Ltd (002367) has net assets worth CN¥3.60 Billion CNY (≈ $527.26 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.96 Billion ≈ $1.02 Billion USD) and total liabilities (CN¥3.35 Billion ≈ $490.48 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. Also explore Canny Elevator Co Ltd (002367) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.60 Billion |
| % of Total Assets | 51.81% |
| Annual Growth Rate | 17.1% |
| 5-Year Change | 14.32% |
| 10-Year Change | 4.39% |
| Growth Volatility | 62.27 |
Net Assets of Canny Elevator Co Ltd (2006–2025)
Net assets of Canny Elevator Co Ltd from 2006 to 2025. This chart illustrates how Canny Elevator Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002367 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Canny Elevator Co Ltd (2006–2025)
The table below shows the annual net assets of Canny Elevator Co Ltd from 2006 to 2025. For live market cap and overall valuation, see market cap of Canny Elevator Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.68 Billion ≈ $537.86 Million |
+3.62% |
| 2024-12-31 | CN¥3.55 Billion ≈ $519.10 Million |
+2.66% |
| 2023-12-31 | CN¥3.46 Billion ≈ $505.67 Million |
+6.97% |
| 2022-12-31 | CN¥3.23 Billion ≈ $472.70 Million |
+0.47% |
| 2021-12-31 | CN¥3.22 Billion ≈ $470.51 Million |
+6.41% |
| 2020-12-31 | CN¥3.02 Billion ≈ $442.18 Million |
+1.51% |
| 2019-12-31 | CN¥2.98 Billion ≈ $435.62 Million |
-6.53% |
| 2018-12-31 | CN¥3.18 Billion ≈ $466.05 Million |
-15.85% |
| 2017-12-31 | CN¥3.78 Billion ≈ $553.82 Million |
+7.49% |
| 2016-12-31 | CN¥3.52 Billion ≈ $515.23 Million |
+48.72% |
| 2015-12-31 | CN¥2.37 Billion ≈ $346.44 Million |
+15.29% |
| 2014-12-31 | CN¥2.05 Billion ≈ $300.50 Million |
+17.42% |
| 2013-12-31 | CN¥1.75 Billion ≈ $255.92 Million |
+7.11% |
| 2012-12-31 | CN¥1.63 Billion ≈ $238.94 Million |
+9.13% |
| 2011-12-31 | CN¥1.50 Billion ≈ $218.96 Million |
+18.45% |
| 2010-12-31 | CN¥1.26 Billion ≈ $184.86 Million |
+282.71% |
| 2009-12-31 | CN¥330.09 Million ≈ $48.30 Million |
+29.00% |
| 2008-12-31 | CN¥255.89 Million ≈ $37.44 Million |
+24.46% |
| 2007-12-31 | CN¥205.60 Million ≈ $30.09 Million |
+12.26% |
| 2006-12-31 | CN¥183.14 Million ≈ $26.80 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Canny Elevator 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 2441.5% over the analyzed period, indicating profitable operations and earnings retention.
Canny Elevator Co Ltd Net Assets Breakdown (December 2025)
Canny Elevator Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.13 Billion | 31.32% |
| Common Stock | CN¥797.75 Million | 22.04% |
| Other Comprehensive Income | CN¥481.26 Million | 13.30% |
| Other Components | CN¥1.21 Billion | 33.34% |
| Total Equity | CN¥3.62 Billion | 100.00% |
Canny Elevator Co Ltd Competitors by Market Cap
The table below lists competitors of Canny Elevator Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vadilal Industries Limited
NSE:VADILALIND
|
$569.83 Million |
|
Ibotta, Inc.
NYSE:IBTA
|
$569.94 Million |
|
Group Up Industrial Co., Ltd.
TWO:6664
|
$569.94 Million |
|
Halo Microelectronics Co. Ltd. A
SHG:688173
|
$569.97 Million |
|
Algoma Steel Group Inc
TO:ASTL
|
$569.49 Million |
|
Telefonica Chile S.A.
SN:CTC
|
$569.30 Million |
|
Vulcan Steel Ltd
AU:VSL
|
$569.20 Million |
|
Shanghai Yimin Commerce Group Co Ltd
SHG:600824
|
$569.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canny Elevator Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,536,223,000 to 3,619,298,802, a change of 83,075,802 (2.3%).
- Net income of 330,179,177 contributed positively to equity growth.
- Dividend payments of 240,144,436 reduced retained earnings.
- Other comprehensive income increased equity by 481,262,764.
- Other factors decreased equity by 488,221,703.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥330.18 Million | +9.12% |
| Dividends Paid | CN¥240.14 Million | -6.64% |
| Other Comprehensive Income | CN¥481.26 Million | +13.3% |
| Other Changes | CN¥-488.22 Million | -13.49% |
| Total Change | CN¥- | 2.35% |
Book Value vs Market Value Analysis
This analysis compares Canny Elevator 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: 1.08x
- 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 18.34x to 1.08x 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¥0.27 | CN¥4.88 | x |
| 2007-12-31 | CN¥0.39 | CN¥4.88 | x |
| 2008-12-31 | CN¥0.47 | CN¥4.88 | x |
| 2009-12-31 | CN¥0.61 | CN¥4.88 | x |
| 2010-12-31 | CN¥1.87 | CN¥4.88 | x |
| 2011-12-31 | CN¥2.06 | CN¥4.88 | x |
| 2012-12-31 | CN¥2.15 | CN¥4.88 | x |
| 2013-12-31 | CN¥2.33 | CN¥4.88 | x |
| 2014-12-31 | CN¥2.74 | CN¥4.88 | x |
| 2015-12-31 | CN¥3.17 | CN¥4.88 | x |
| 2016-12-31 | CN¥4.60 | CN¥4.88 | x |
| 2017-12-31 | CN¥4.70 | CN¥4.88 | x |
| 2018-12-31 | CN¥3.96 | CN¥4.88 | x |
| 2019-12-31 | CN¥3.72 | CN¥4.88 | x |
| 2020-12-31 | CN¥3.81 | CN¥4.88 | x |
| 2021-12-31 | CN¥4.07 | CN¥4.88 | x |
| 2022-12-31 | CN¥4.09 | CN¥4.88 | x |
| 2023-12-31 | CN¥4.36 | CN¥4.88 | x |
| 2024-12-31 | CN¥4.43 | CN¥4.88 | x |
| 2025-12-31 | CN¥4.54 | CN¥4.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canny Elevator 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): 9.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.45%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.05x
- Recent ROE (9.12%) is below the historical average (13.12%), 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 | 12.15% | 4.46% | 0.74x | 3.69x | CN¥3.04 Million |
| 2007 | 20.27% | 7.86% | 1.07x | 2.41x | CN¥21.06 Million |
| 2008 | 19.64% | 7.28% | 1.21x | 2.23x | CN¥24.66 Million |
| 2009 | 25.51% | 10.22% | 0.87x | 2.86x | CN¥51.20 Million |
| 2010 | 9.49% | 11.00% | 0.52x | 1.67x | CN¥-6.45 Million |
| 2011 | 10.10% | 9.43% | 0.67x | 1.61x | CN¥1.47 Million |
| 2012 | 11.45% | 10.25% | 0.69x | 1.62x | CN¥23.69 Million |
| 2013 | 16.10% | 12.47% | 0.75x | 1.73x | CN¥105.29 Million |
| 2014 | 19.85% | 14.26% | 0.75x | 1.86x | CN¥199.69 Million |
| 2015 | 20.89% | 14.95% | 0.81x | 1.73x | CN¥254.75 Million |
| 2016 | 12.15% | 12.80% | 0.64x | 1.49x | CN¥75.15 Million |
| 2017 | 8.69% | 9.94% | 0.58x | 1.50x | CN¥-49.05 Million |
| 2018 | 0.49% | 0.50% | 0.56x | 1.75x | CN¥-299.86 Million |
| 2019 | 8.54% | 6.87% | 0.63x | 1.97x | CN¥-43.13 Million |
| 2020 | 16.12% | 11.34% | 0.68x | 2.09x | CN¥184.21 Million |
| 2021 | 12.62% | 7.84% | 0.73x | 2.20x | CN¥84.12 Million |
| 2022 | 8.52% | 5.36% | 0.76x | 2.09x | CN¥-47.72 Million |
| 2023 | 10.59% | 7.25% | 0.68x | 2.15x | CN¥20.48 Million |
| 2024 | 10.10% | 8.75% | 0.55x | 2.12x | CN¥3.56 Million |
| 2025 | 9.12% | 7.45% | 0.60x | 2.05x | CN¥-31.75 Million |
Industry Comparison
This section compares Canny Elevator 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: $1,610,457,623
- Average return on equity (ROE) among peers: -20.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canny Elevator Co Ltd (002367) | CN¥3.60 Billion | 12.15% | 0.93x | $569.67 Million |
| Huayi Compressor Co Ltd (000404) | $3.96 Billion | 2.45% | 1.52x | $646.72 Million |
| Shenyang Machine Tool Co Ltd (000410) | $347.22 Million | -208.15% | 15.00x | $2.26 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $362.41 Million | 3.17% | 0.33x | $2.79 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.21 Billion | 1.93% | 1.36x | $757.23 Million |
| Changchai Co Ltd (000570) | $2.29 Billion | 2.29% | 0.72x | $399.26 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.83 Billion | 2.42% | 1.03x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $369.61 Million | -32.34% | 1.35x | $779.79 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $544.26 Million | 41.46% | 0.41x | $823.64 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $579.69 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $873.67 Million | 7.43% | 0.68x | $1.40 Billion |
About Canny Elevator Co Ltd
Canny Elevator Co., Ltd. engages in the research, design, and production of elevators, escalators, and moving walkways in China. The company offers high speed, home-use, freight, hospital, panorama, and KLK 1 gold and silver swallow elevators; heavy-duty and public traffic type escalators; and moving walkways. Canny Elevator Co., Ltd. was founded in 1997 and is headquartered in Suzhou, China.