Nanjing Xinlian Electronics Co Ltd (002546) - Net Assets
Based on the latest financial reports, Nanjing Xinlian Electronics Co Ltd (002546) has net assets worth CN¥3.92 Billion CNY (≈ $573.33 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.28 Billion ≈ $626.54 Million USD) and total liabilities (CN¥363.62 Million ≈ $53.21 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 tangible equity quality of Nanjing Xinlian Electronics Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.92 Billion |
| % of Total Assets | 91.51% |
| Annual Growth Rate | 23.7% |
| 5-Year Change | 15.21% |
| 10-Year Change | 33.84% |
| Growth Volatility | 63.97 |
Nanjing Xinlian Electronics Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Nanjing Xinlian Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002546 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nanjing Xinlian Electronics Co Ltd (2007–2025)
The table below shows the annual net assets of Nanjing Xinlian Electronics Co Ltd from 2007 to 2025. For live valuation and market cap data, see Nanjing Xinlian Electronics Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.83 Billion ≈ $561.03 Million |
+14.47% |
| 2024-12-31 | CN¥3.35 Billion ≈ $490.13 Million |
+4.76% |
| 2023-12-31 | CN¥3.20 Billion ≈ $467.88 Million |
-1.30% |
| 2022-12-31 | CN¥3.24 Billion ≈ $474.07 Million |
-2.65% |
| 2021-12-31 | CN¥3.33 Billion ≈ $486.95 Million |
+3.30% |
| 2020-12-31 | CN¥3.22 Billion ≈ $471.40 Million |
+5.87% |
| 2019-12-31 | CN¥3.04 Billion ≈ $445.26 Million |
+2.30% |
| 2018-12-31 | CN¥2.97 Billion ≈ $435.25 Million |
+0.30% |
| 2017-12-31 | CN¥2.97 Billion ≈ $433.93 Million |
+3.52% |
| 2016-12-31 | CN¥2.86 Billion ≈ $419.17 Million |
+93.49% |
| 2015-12-31 | CN¥1.48 Billion ≈ $216.64 Million |
+6.32% |
| 2014-12-31 | CN¥1.39 Billion ≈ $203.76 Million |
+12.81% |
| 2013-12-31 | CN¥1.23 Billion ≈ $180.62 Million |
+7.08% |
| 2012-12-31 | CN¥1.15 Billion ≈ $168.68 Million |
+13.06% |
| 2011-12-31 | CN¥1.02 Billion ≈ $149.20 Million |
+275.58% |
| 2010-12-31 | CN¥271.47 Million ≈ $39.73 Million |
+52.09% |
| 2009-12-31 | CN¥178.49 Million ≈ $26.12 Million |
+38.18% |
| 2008-12-31 | CN¥129.17 Million ≈ $18.90 Million |
+55.10% |
| 2007-12-31 | CN¥83.29 Million ≈ $12.19 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing Xinlian Electronics 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 8173.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.48 Billion | 38.93% |
| Common Stock | CN¥834.05 Million | 21.98% |
| Other Comprehensive Income | CN¥267.27 Million | 7.04% |
| Other Components | CN¥1.22 Billion | 32.05% |
| Total Equity | CN¥3.79 Billion | 100.00% |
Nanjing Xinlian Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Xinlian Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Molinos Agro SA
BA:MOLA
|
$831.16 Million |
|
Glencore PLC
LSE:GLEN
|
$831.21 Million |
|
Goosehead Insurance Inc
NASDAQ:GSHD
|
$831.55 Million |
|
Chipsea Technologies Shenzhen Corp Ltd
SHG:688595
|
$831.61 Million |
|
Farmers National Banc Corp
NASDAQ:FMNB
|
$830.79 Million |
|
Genomma Lab Internacional S.A.B. de C.V
MX:LABB
|
$830.54 Million |
|
indie Semiconductor Inc
NASDAQ:INDI
|
$830.36 Million |
|
Guangdong Mingzhu Group Co Ltd
SHG:600382
|
$830.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Xinlian Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,314,711,243 to 3,794,097,559, a change of 479,386,316 (14.5%).
- Net income of 578,304,154 contributed positively to equity growth.
- Dividend payments of 100,085,891 reduced retained earnings.
- Other comprehensive income increased equity by 267,269,215.
- Other factors decreased equity by 266,101,162.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥578.30 Million | +15.24% |
| Dividends Paid | CN¥100.09 Million | -2.64% |
| Other Comprehensive Income | CN¥267.27 Million | +7.04% |
| Other Changes | CN¥-266.10 Million | -7.01% |
| Total Change | CN¥- | 14.46% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Xinlian Electronics 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: 1.50x
- 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 38.06x to 1.50x 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¥0.18 | CN¥6.81 | x |
| 2008-12-31 | CN¥0.24 | CN¥6.81 | x |
| 2009-12-31 | CN¥0.34 | CN¥6.81 | x |
| 2010-12-31 | CN¥0.51 | CN¥6.81 | x |
| 2011-12-31 | CN¥1.48 | CN¥6.81 | x |
| 2012-12-31 | CN¥1.63 | CN¥6.81 | x |
| 2013-12-31 | CN¥1.75 | CN¥6.81 | x |
| 2014-12-31 | CN¥1.87 | CN¥6.81 | x |
| 2015-12-31 | CN¥1.97 | CN¥6.81 | x |
| 2016-12-31 | CN¥3.34 | CN¥6.81 | x |
| 2017-12-31 | CN¥3.29 | CN¥6.81 | x |
| 2018-12-31 | CN¥3.53 | CN¥6.81 | x |
| 2019-12-31 | CN¥3.57 | CN¥6.81 | x |
| 2020-12-31 | CN¥3.80 | CN¥6.81 | x |
| 2021-12-31 | CN¥3.96 | CN¥6.81 | x |
| 2022-12-31 | CN¥2.86 | CN¥6.81 | x |
| 2023-12-31 | CN¥3.57 | CN¥6.81 | x |
| 2024-12-31 | CN¥3.98 | CN¥6.81 | x |
| 2025-12-31 | CN¥4.55 | CN¥6.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Xinlian Electronics 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): 15.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 84.51%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.09x
- Recent ROE (15.24%) is above the historical average (13.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 47.24% | 26.65% | 1.00x | 1.77x | CN¥31.02 Million |
| 2008 | 35.52% | 25.01% | 0.82x | 1.73x | CN¥32.97 Million |
| 2009 | 27.63% | 22.92% | 0.71x | 1.69x | CN¥31.47 Million |
| 2010 | 30.53% | 27.20% | 0.73x | 1.54x | CN¥55.74 Million |
| 2011 | 12.86% | 27.97% | 0.41x | 1.12x | CN¥29.14 Million |
| 2012 | 15.00% | 28.86% | 0.45x | 1.16x | CN¥57.50 Million |
| 2013 | 12.05% | 27.31% | 0.38x | 1.15x | CN¥25.20 Million |
| 2014 | 11.65% | 26.44% | 0.33x | 1.32x | CN¥21.69 Million |
| 2015 | 11.19% | 20.13% | 0.42x | 1.32x | CN¥16.60 Million |
| 2016 | 3.30% | 15.44% | 0.18x | 1.16x | CN¥-183.34 Million |
| 2017 | 3.95% | 18.08% | 0.18x | 1.18x | CN¥-172.03 Million |
| 2018 | 5.38% | 22.11% | 0.21x | 1.17x | CN¥-134.14 Million |
| 2019 | 5.61% | 23.17% | 0.21x | 1.16x | CN¥-130.51 Million |
| 2020 | 5.80% | 31.90% | 0.16x | 1.11x | CN¥-133.01 Million |
| 2021 | 6.81% | 48.03% | 0.13x | 1.10x | CN¥-104.34 Million |
| 2022 | 0.35% | 1.80% | 0.17x | 1.14x | CN¥-307.86 Million |
| 2023 | 1.96% | 10.01% | 0.17x | 1.13x | CN¥-254.17 Million |
| 2024 | 8.05% | 34.79% | 0.21x | 1.12x | CN¥-64.79 Million |
| 2025 | 15.24% | 84.51% | 0.16x | 1.09x | CN¥198.89 Million |
Industry Comparison
This section compares Nanjing Xinlian Electronics 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: $5,153,987,498
- Average return on equity (ROE) among peers: 7.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Xinlian Electronics Co Ltd (002546) | CN¥3.92 Billion | 47.24% | 0.09x | $831.14 Million |
| XJ Electric Co Ltd (000400) | $2.53 Billion | 5.14% | 0.82x | $3.43 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 16.86% | 0.74x | $1.09 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $236.13 Million | 20.43% | 0.71x | $923.11 Million |
| Dongfang Electronics Co Ltd (000682) | $3.56 Billion | 6.95% | 0.76x | $2.53 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.08 Billion | 1.60% | 4.43x | $788.80 Million |
| Huagong Tech Co Ltd (000988) | $826.26 Million | 4.28% | 0.89x | $25.09 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.46 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.40 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $180.55 Million | -0.36% | 0.21x | $494.13 Million |
| Gotion High tech Co Ltd (002074) | $29.90 Billion | 4.04% | 2.61x | $8.00 Billion |
About Nanjing Xinlian Electronics Co Ltd
Nanjing Xinlian Electronics Co., Ltd manufactures power consumption information collection systems for power grid enterprises and enterprise users in China. The company provides environmental protection supervision services and user-side system integration platform. It offers concentrators, dedicated transformer data acquisition terminals, electricity information collections main systems, collect… Read more