Chengdu Xinzhu Road&Bridge Machinery Co Ltd

SHE:002480 China Farm & Heavy Construction Machinery
Market Cap
$668.82 Million
CN¥4.91 Billion CNY
Market Cap Rank
#11406 Global
#2671 in China
Share Price
CN¥6.38
Change (1 day)
-3.04%
52-Week Range
CN¥4.84 - CN¥7.56
All Time High
CN¥14.60
About

Chengdu Xinzhu Road&Bridge Machinery Co.,LTD, together with its subsidiaries, provides products and services for urban rail transit systems in China and internationally. It operates through Bridge Features, Railway Transportation, and Photovoltaic Power Generation segments. The company offers urban rail transit systems comprising embedded medium-low speed maglev, modern tram, suspended monorail, … Read more

Chengdu Xinzhu Road&Bridge Machinery Co Ltd (002480) - Net Assets

Latest net assets as of September 2025: CN¥2.22 Billion CNY

Based on the latest financial reports, Chengdu Xinzhu Road&Bridge Machinery Co Ltd (002480) has net assets worth CN¥2.22 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¥13.99 Billion) and total liabilities (CN¥11.77 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¥2.22 Billion
% of Total Assets 15.85%
Annual Growth Rate 13.59%
5-Year Change -18.41%
10-Year Change -7.32%
Growth Volatility 76.06

Chengdu Xinzhu Road&Bridge Machinery Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Chengdu Xinzhu Road&Bridge Machinery 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 Chengdu Xinzhu Road&Bridge Machinery Co Ltd (2007–2024)

The table below shows the annual net assets of Chengdu Xinzhu Road&Bridge Machinery Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.25 Billion -12.60%
2023-12-31 CN¥2.58 Billion -9.45%
2022-12-31 CN¥2.84 Billion -34.72%
2021-12-31 CN¥4.36 Billion +57.92%
2020-12-31 CN¥2.76 Billion +19.48%
2019-12-31 CN¥2.31 Billion -6.86%
2018-12-31 CN¥2.48 Billion +1.18%
2017-12-31 CN¥2.45 Billion +0.35%
2016-12-31 CN¥2.44 Billion +0.54%
2015-12-31 CN¥2.43 Billion -2.34%
2014-12-31 CN¥2.49 Billion +31.53%
2013-12-31 CN¥1.89 Billion +1.73%
2012-12-31 CN¥1.86 Billion -6.43%
2011-12-31 CN¥1.99 Billion +6.36%
2010-12-31 CN¥1.87 Billion +317.41%
2009-12-31 CN¥447.54 Million +28.72%
2008-12-31 CN¥347.68 Million +34.70%
2007-12-31 CN¥258.12 Million --

Equity Component Analysis

This analysis shows how different components contribute to Chengdu Xinzhu Road&Bridge Machinery 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 4946.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥769.17 Million 75.47%
Other Comprehensive Income CN¥78.94 Million 7.75%
Other Components CN¥1.69 Billion 165.91%
Total Equity CN¥1.02 Billion 100.00%

Chengdu Xinzhu Road&Bridge Machinery Co Ltd Competitors by Market Cap

The table below lists competitors of Chengdu Xinzhu Road&Bridge Machinery Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chengdu Xinzhu Road&Bridge Machinery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,422,681,173 to 1,019,210,340, a change of -403,470,833 (-28.4%).
  • Net loss of 409,145,954 reduced equity.
  • Dividend payments of 296,092,634 reduced retained earnings.
  • Other comprehensive income increased equity by 91,040,129.
  • Other factors increased equity by 210,727,626.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-409.15 Million -40.14%
Dividends Paid CN¥296.09 Million -29.05%
Other Comprehensive Income CN¥91.04 Million +8.93%
Other Changes CN¥210.73 Million +20.68%
Total Change CN¥- -28.36%

Book Value vs Market Value Analysis

This analysis compares Chengdu Xinzhu Road&Bridge Machinery 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: 4.81x
  • 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 9.12x to 4.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.70 CN¥6.38 x
2008-12-31 CN¥0.83 CN¥6.38 x
2009-12-31 CN¥1.06 CN¥6.38 x
2010-12-31 CN¥4.13 CN¥6.38 x
2011-12-31 CN¥3.51 CN¥6.38 x
2012-12-31 CN¥3.38 CN¥6.38 x
2013-12-31 CN¥3.35 CN¥6.38 x
2014-12-31 CN¥4.15 CN¥6.38 x
2015-12-31 CN¥3.58 CN¥6.38 x
2016-12-31 CN¥3.61 CN¥6.38 x
2017-12-31 CN¥3.61 CN¥6.38 x
2018-12-31 CN¥3.59 CN¥6.38 x
2019-12-31 CN¥3.34 CN¥6.38 x
2020-12-31 CN¥3.68 CN¥6.38 x
2021-12-31 CN¥4.31 CN¥6.38 x
2022-12-31 CN¥2.29 CN¥6.38 x
2023-12-31 CN¥1.85 CN¥6.38 x
2024-12-31 CN¥1.33 CN¥6.38 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chengdu Xinzhu Road&Bridge Machinery 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): -40.14%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -16.48%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 14.60x
  • Recent ROE (-40.14%) is below the historical average (-1.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 25.37% 13.27% 0.72x 2.67x CN¥38.78 Million
2008 24.48% 12.00% 0.77x 2.66x CN¥50.35 Million
2009 24.27% 10.62% 0.82x 2.80x CN¥63.85 Million
2010 7.63% 10.21% 0.40x 1.85x CN¥-44.26 Million
2011 7.97% 8.28% 0.49x 1.95x CN¥-40.29 Million
2012 -3.69% -9.01% 0.21x 1.99x CN¥-254.57 Million
2013 0.52% 0.78% 0.33x 2.04x CN¥-177.30 Million
2014 0.47% 0.91% 0.28x 1.82x CN¥-235.34 Million
2015 -6.84% -14.99% 0.21x 2.21x CN¥-389.15 Million
2016 0.80% 1.23% 0.32x 2.06x CN¥-213.91 Million
2017 0.53% 0.75% 0.30x 2.40x CN¥-220.39 Million
2018 0.56% 0.67% 0.28x 3.02x CN¥-221.15 Million
2019 -7.87% -8.52% 0.26x 3.52x CN¥-386.06 Million
2020 2.19% 2.55% 0.32x 2.70x CN¥-212.50 Million
2021 -5.13% -9.86% 0.16x 3.32x CN¥-501.84 Million
2022 -28.41% -30.37% 0.14x 6.68x CN¥-677.27 Million
2023 -24.07% -13.80% 0.18x 9.45x CN¥-484.67 Million
2024 -40.14% -16.48% 0.17x 14.60x CN¥-511.07 Million

Industry Comparison

This section compares Chengdu Xinzhu Road&Bridge Machinery Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.

Industry Context

  • Industry: Farm & Heavy Construction Machinery
  • Average net assets among peers: $4,713,679,816
  • Average return on equity (ROE) among peers: 9.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Chengdu Xinzhu Road&Bridge Machinery Co Ltd (002480) CN¥2.22 Billion 25.37% 5.31x $398.25 Million
XCMG Construction Machinery Co Ltd (000425) $20.48 Billion 1.02% 1.15x $11.30 Billion
Guangxi Liugong Machinery Co Ltd (000528) $737.85 Million 2.72% 0.71x $1.96 Billion
Shantui Construction Machinery Co Ltd (000680) $4.51 Billion 1.03% 1.49x $1.25 Billion
JiangSu JiangHuai Engine Co Ltd (000816) $2.54 Billion -0.35% 0.35x $528.05 Million
Sinotruk Jinan Truck Co Ltd (000951) $14.59 Billion 1.46% 1.36x $1.65 Billion
Zhongtong Bus Holding Co Ltd (000957) $474.72 Million 1.13% 1.63x $610.98 Million
Anhui Tuoshan Heavy Industry Co. Ltd. (001226) $252.67 Million 34.83% 1.21x $123.77 Million
Nanchang Mineral Systems Co. Ltd. A (001360) $569.40 Million 21.21% 1.34x $202.86 Million
Sunward Intelligent Equipment Co Ltd (002097) $163.46 Million 23.10% 1.31x $970.29 Million
Weihai Guangtai Airport Equipment Co Ltd (002111) $2.82 Billion 8.32% 0.62x $383.43 Million