Aerospace CH UAV Co Ltd

SHE:002389 China Aerospace & Defense
Market Cap
$3.13 Billion
CN¥22.99 Billion CNY
Market Cap Rank
#5244 Global
#652 in China
Share Price
CN¥23.34
Change (1 day)
-4.62%
52-Week Range
CN¥17.69 - CN¥29.30
All Time High
CN¥37.32
About

Aerospace CH UAV Co.,Ltd engages in the research and development, designing, manufacturing, testing, sales, and service of drones and its onboard mission equipment. It manufactures unmanned aerial vehicles, optical grade polyester films, solar cell backing films, packaging films, optoelectronic devices, polymer material products, and liquid crystal display component. The company also provides com… Read more

Aerospace CH UAV Co Ltd (002389) - Net Assets

Latest net assets as of September 2025: CN¥8.17 Billion CNY

Based on the latest financial reports, Aerospace CH UAV Co Ltd (002389) has net assets worth CN¥8.17 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¥10.31 Billion) and total liabilities (CN¥2.14 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¥8.17 Billion
% of Total Assets 79.24%
Annual Growth Rate 27.88%
5-Year Change 21.31%
10-Year Change 142.22%
Growth Volatility 92.93

Aerospace CH UAV Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Aerospace CH UAV 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 Aerospace CH UAV Co Ltd (2006–2024)

The table below shows the annual net assets of Aerospace CH UAV Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.22 Billion +0.24%
2023-12-31 CN¥8.20 Billion +1.78%
2022-12-31 CN¥8.06 Billion +2.19%
2021-12-31 CN¥7.89 Billion +16.36%
2020-12-31 CN¥6.78 Billion +3.17%
2019-12-31 CN¥6.57 Billion +3.16%
2018-12-31 CN¥6.37 Billion +3.93%
2017-12-31 CN¥6.13 Billion +319.84%
2016-12-31 CN¥1.46 Billion -57.01%
2015-12-31 CN¥3.39 Billion +56.60%
2014-12-31 CN¥2.17 Billion +39.66%
2013-12-31 CN¥1.55 Billion -1.88%
2012-12-31 CN¥1.58 Billion +86.57%
2011-12-31 CN¥847.85 Million +13.08%
2010-12-31 CN¥749.79 Million +272.53%
2009-12-31 CN¥201.27 Million +27.23%
2008-12-31 CN¥158.19 Million +24.76%
2007-12-31 CN¥126.79 Million +29.08%
2006-12-31 CN¥98.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Aerospace CH UAV 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 15619.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.30 Billion 16.14%
Common Stock CN¥993.61 Million 12.36%
Other Comprehensive Income CN¥8.66 Million 0.11%
Other Components CN¥5.74 Billion 71.39%
Total Equity CN¥8.04 Billion 100.00%

Aerospace CH UAV Co Ltd Competitors by Market Cap

The table below lists competitors of Aerospace CH UAV Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aerospace CH UAV Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,022,095,000 to 8,038,267,000, a change of 16,172,000 (0.2%).
  • Net income of 88,176,258 contributed positively to equity growth.
  • Dividend payments of 65,370,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 241,640,153.
  • Other factors increased equity by 235,005,895.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥88.18 Million +1.1%
Dividends Paid CN¥65.37 Million -0.81%
Other Comprehensive Income CN¥-241.64 Million -3.01%
Other Changes CN¥235.01 Million +2.92%
Total Change CN¥- 0.20%

Book Value vs Market Value Analysis

This analysis compares Aerospace CH UAV 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: 2.84x
  • 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 86.22x to 2.84x 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¥23.34 x
2007-12-31 CN¥0.35 CN¥23.34 x
2008-12-31 CN¥0.45 CN¥23.34 x
2009-12-31 CN¥0.58 CN¥23.34 x
2010-12-31 CN¥1.96 CN¥23.34 x
2011-12-31 CN¥1.98 CN¥23.34 x
2012-12-31 CN¥3.48 CN¥23.34 x
2013-12-31 CN¥3.09 CN¥23.34 x
2014-12-31 CN¥3.92 CN¥23.34 x
2015-12-31 CN¥5.33 CN¥23.34 x
2016-12-31 CN¥3.64 CN¥23.34 x
2017-12-31 CN¥13.76 CN¥23.34 x
2018-12-31 CN¥6.69 CN¥23.34 x
2019-12-31 CN¥6.93 CN¥23.34 x
2020-12-31 CN¥7.00 CN¥23.34 x
2021-12-31 CN¥8.13 CN¥23.34 x
2022-12-31 CN¥7.97 CN¥23.34 x
2023-12-31 CN¥8.36 CN¥23.34 x
2024-12-31 CN¥8.20 CN¥23.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aerospace CH UAV 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): 1.10%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.44%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 1.36x
  • Recent ROE (1.10%) is below the historical average (7.75%), 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 14.78% 7.27% 0.53x 3.83x CN¥3.82 Million
2007 24.91% 11.91% 0.76x 2.74x CN¥15.64 Million
2008 22.05% 13.19% 0.80x 2.09x CN¥16.14 Million
2009 23.82% 19.37% 0.76x 1.61x CN¥24.06 Million
2010 8.15% 23.16% 0.31x 1.14x CN¥-13.29 Million
2011 12.60% 25.52% 0.40x 1.24x CN¥20.93 Million
2012 4.02% 17.24% 0.21x 1.11x CN¥-92.08 Million
2013 2.27% 7.96% 0.25x 1.15x CN¥-120.01 Million
2014 2.29% 6.95% 0.25x 1.34x CN¥-163.49 Million
2015 3.00% 10.84% 0.25x 1.11x CN¥-233.29 Million
2016 4.67% 12.62% 0.29x 1.28x CN¥-74.35 Million
2017 3.12% 12.91% 0.19x 1.26x CN¥-410.85 Million
2018 3.89% 8.89% 0.34x 1.28x CN¥-380.06 Million
2019 3.61% 7.48% 0.38x 1.27x CN¥-410.88 Million
2020 4.14% 9.17% 0.34x 1.33x CN¥-387.52 Million
2021 2.95% 7.81% 0.31x 1.23x CN¥-543.38 Million
2022 3.89% 7.95% 0.39x 1.25x CN¥-481.57 Million
2023 1.91% 5.35% 0.27x 1.33x CN¥-648.74 Million
2024 1.10% 3.44% 0.23x 1.36x CN¥-715.65 Million

Industry Comparison

This section compares Aerospace CH UAV Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $1,409,890,857
  • Average return on equity (ROE) among peers: 12.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Aerospace CH UAV Co Ltd (002389) CN¥8.17 Billion 14.78% 0.26x $1.81 Billion
Shaanxi Ligeance Mineral Resources Co Ltd (000697) $102.23 Million 20.95% 1.61x $576.57 Million
Aecc Aero Engine Control Co Ltd (000738) $5.67 Billion 4.58% 0.28x $1.93 Billion
Zhejiang XiaSha Precision (001316) $476.25 Million 27.15% 0.22x $218.15 Million
Sichuan Haite High-tech Co Ltd (002023) $175.19 Million 19.07% 0.67x $850.82 Million
Kuang Chi Technologies Co Ltd (002625) $602.65 Million 10.94% 0.23x $8.62 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.43 Billion -4.03% 0.22x $429.19 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $910.30 Million 16.48% 0.19x $833.21 Million
Shaanxi Zhongtian Rocket Technology  (003009) $421.86 Million 7.68% 1.25x $416.06 Million
Bestway Marine & Energy Technology Co Ltd (300008) $2.90 Billion 5.59% 0.31x $1.63 Billion