Baoding Heavy Industry Co Ltd (002552) - Net Assets

Latest as of March 2026: CN¥2.14 Billion CNY ≈ $312.86 Million USD

Based on the latest financial reports, Baoding Heavy Industry Co Ltd (002552) has net assets worth CN¥2.14 Billion CNY (≈ $312.86 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¥5.13 Billion ≈ $750.58 Million USD) and total liabilities (CN¥2.99 Billion ≈ $437.72 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 002552 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.14 Billion
% of Total Assets	41.68%
Annual Growth Rate	15.12%
5-Year Change	206.86%
10-Year Change	189.88%
Growth Volatility	77.41

Baoding Heavy Industry Co Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Baoding Heavy Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002552 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Baoding Heavy Industry Co Ltd (2007–2025)

The table below shows the annual net assets of Baoding Heavy Industry Co Ltd from 2007 to 2025. For live valuation and market cap data, see 002552 market cap overview.

Year	Net Assets	Change
2025-12-31	CN¥2.08 Billion ≈ $303.77 Million	+2.16%
2024-12-31	CN¥2.03 Billion ≈ $297.36 Million	-2.89%
2023-12-31	CN¥2.09 Billion ≈ $306.22 Million	-21.11%
2022-12-31	CN¥2.65 Billion ≈ $388.15 Million	+292.09%
2021-12-31	CN¥676.51 Million ≈ $98.99 Million	+0.95%
2020-12-31	CN¥670.14 Million ≈ $98.06 Million	+1.14%
2019-12-31	CN¥662.56 Million ≈ $96.95 Million	+9.24%
2018-12-31	CN¥606.49 Million ≈ $88.75 Million	+2.30%
2017-12-31	CN¥592.86 Million ≈ $86.75 Million	-17.21%
2016-12-31	CN¥716.13 Million ≈ $104.79 Million	-11.37%
2015-12-31	CN¥808.04 Million ≈ $118.24 Million	-0.22%
2014-12-31	CN¥809.81 Million ≈ $118.50 Million	+0.84%
2013-12-31	CN¥803.06 Million ≈ $117.51 Million	-0.35%
2012-12-31	CN¥805.91 Million ≈ $117.93 Million	+1.91%
2011-12-31	CN¥790.80 Million ≈ $115.72 Million	+183.11%
2010-12-31	CN¥279.33 Million ≈ $40.87 Million	+25.08%
2009-12-31	CN¥223.32 Million ≈ $32.68 Million	-1.05%
2008-12-31	CN¥225.68 Million ≈ $33.02 Million	+37.12%
2007-12-31	CN¥164.58 Million ≈ $24.08 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Baoding Heavy Industry 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 228.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	CN¥387.99 Million	25.90%
Other Comprehensive Income	CN¥161.44 Million	10.78%
Other Components	CN¥1.07 Billion	71.59%
Total Equity	CN¥1.50 Billion	100.00%

Baoding Heavy Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Baoding Heavy Industry Co Ltd ranked by their market capitalization.

Company	Market Cap
Bendigo and Adelaide Bank Ltd AU:BEN	$4.13 Billion
Gland Pharma Limited NSE:GLAND	$4.13 Billion
Minera Frisco S.A.B. de C.V MX:MFRISCOA-1	$4.13 Billion
COWAY Co. Ltd KO:021240	$4.13 Billion
LG Uplus KO:032640	$4.13 Billion
Lumine Group Inc. V:LMN	$4.13 Billion
TAL Education Group NYSE:TAL	$4.13 Billion
Mueller Water Products NYSE:MWA	$4.13 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Baoding Heavy Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,448,376,407 to 1,497,843,746, a change of 49,467,339 (3.4%).
Net income of 124,237,765 contributed positively to equity growth.
Dividend payments of 77,597,066 reduced retained earnings.
Other comprehensive income increased equity by 271,958,405.
Other factors decreased equity by 269,131,765.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥124.24 Million	+8.29%
Dividends Paid	CN¥77.60 Million	-5.18%
Other Comprehensive Income	CN¥271.96 Million	+18.16%
Other Changes	CN¥-269.13 Million	-17.97%
Total Change	CN¥-	3.42%

Book Value vs Market Value Analysis

This analysis compares Baoding Heavy Industry 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: 19.46x
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 99.74x to 19.46x 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¥0.73	CN¥72.72	x
2008-12-31	CN¥1.00	CN¥72.72	x
2009-12-31	CN¥0.99	CN¥72.72	x
2010-12-31	CN¥1.24	CN¥72.72	x
2011-12-31	CN¥2.73	CN¥72.72	x
2012-12-31	CN¥2.69	CN¥72.72	x
2013-12-31	CN¥2.64	CN¥72.72	x
2014-12-31	CN¥2.84	CN¥72.72	x
2015-12-31	CN¥1.88	CN¥72.72	x
2016-12-31	CN¥2.40	CN¥72.72	x
2017-12-31	CN¥1.98	CN¥72.72	x
2018-12-31	CN¥1.90	CN¥72.72	x
2019-12-31	CN¥2.13	CN¥72.72	x
2020-12-31	CN¥1.77	CN¥72.72	x
2021-12-31	CN¥2.13	CN¥72.72	x
2022-12-31	CN¥5.40	CN¥72.72	x
2023-12-31	CN¥3.54	CN¥72.72	x
2024-12-31	CN¥3.45	CN¥72.72	x
2025-12-31	CN¥3.74	CN¥72.72	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Baoding Heavy Industry 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): 8.29%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.95%
• Asset Turnover: 0.64x
• Equity Multiplier: 3.27x
Recent ROE (8.29%) is above the historical average (7.62%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	26.97%	14.38%	1.13x	1.66x	CN¥27.94 Million
2008	27.39%	14.22%	1.27x	1.52x	CN¥39.25 Million
2009	30.29%	17.81%	1.13x	1.51x	CN¥45.31 Million
2010	25.42%	17.55%	0.96x	1.51x	CN¥43.08 Million
2011	9.14%	16.34%	0.50x	1.12x	CN¥-6.78 Million
2012	5.60%	13.84%	0.37x	1.09x	CN¥-35.48 Million
2013	1.51%	5.61%	0.25x	1.08x	CN¥-68.16 Million
2014	1.76%	4.39%	0.36x	1.12x	CN¥-66.73 Million
2015	0.53%	1.33%	0.26x	1.57x	CN¥-76.51 Million
2016	-23.29%	-92.59%	0.16x	1.61x	CN¥-238.47 Million
2017	-22.78%	-56.62%	0.27x	1.50x	CN¥-194.36 Million
2018	4.73%	9.23%	0.40x	1.28x	CN¥-31.96 Million
2019	8.46%	16.47%	0.47x	1.10x	CN¥-10.19 Million
2020	7.18%	2.21%	2.88x	1.13x	CN¥-18.91 Million
2021	0.94%	1.80%	0.45x	1.16x	CN¥-61.28 Million
2022	3.34%	3.96%	0.34x	2.45x	CN¥-141.64 Million
2023	12.15%	6.09%	0.57x	3.47x	CN¥32.77 Million
2024	17.10%	8.56%	0.60x	3.33x	CN¥102.79 Million
2025	8.29%	3.95%	0.64x	3.27x	CN¥-25.55 Million

Industry Comparison

This section compares Baoding Heavy Industry Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $1,231,596,493
Average return on equity (ROE) among peers: 9.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Baoding Heavy Industry Co Ltd (002552)	CN¥2.14 Billion	26.97%	1.40x	$4.13 Billion
China International Marine Containers Group Ltd (000039)	$516.18 Million	18.11%	1.41x	$2.97 Billion
Xinjiang Hejin Holding Co Ltd (000633)	$164.97 Million	5.49%	0.43x	$276.69 Million
Guangdong Jingyi Metal Co Ltd (002295)	$1.14 Billion	5.17%	0.54x	$331.16 Million
Shanghai Xinpeng Industry Co Ltd (002328)	$3.78 Billion	4.99%	0.59x	$867.33 Million
Beijing Lier High Temperature Materials Co Ltd (002392)	$190.13 Million	29.62%	0.64x	$1.44 Billion
Suzhou Victory Precision Manufacture Co Ltd (002426)	$1.29 Billion	10.75%	0.38x	$2.08 Billion
Dajin Heavy Industry Corp (002487)	$1.64 Billion	5.64%	0.47x	$5.28 Billion
Jiangsu Boamax Technologies Group Co Ltd (002514)	$643.84 Million	1.92%	1.18x	$249.71 Million
Guangzheng Group Co Ltd (002524)	$855.75 Million	0.63%	0.96x	$261.67 Million
Anhui Honglu Steel Construction Group Co Ltd (002541)	$2.09 Billion	7.72%	1.50x	$1.67 Billion

About Baoding Heavy Industry Co Ltd

SHE:002552 China Metal Fabrication

Market Cap

$4.13 Billion

CN¥28.21 Billion CNY

Market Cap Rank

#4083 Global

#663 in China

Share Price

CN¥72.72

Change (1 day)

-4.30%

52-Week Range

CN¥14.08 - CN¥76.68

All Time High

CN¥76.68