Wuxi Huadong Heavy Machinery Co Ltd

SHE:002685 China Farm & Heavy Construction Machinery
Market Cap
$968.24 Million
CN¥7.10 Billion CNY
Market Cap Rank
#8367 Global
#1571 in China
Share Price
CN¥7.05
Change (1 day)
+1.59%
52-Week Range
CN¥5.03 - CN¥9.77
All Time High
CN¥12.27
About

Wuxi Huadong Heavy Machinery Co., Ltd. manufactures and sells container handling equipment and intelligent CNC machine tools in the People's Republic of China. It provides quay cranes, rail cranes, tire cranes, etc. for use in the container ship loading and unloading operations in ports, railway container loading and unloading, container yard storage and trailer loading and unloading. The company… Read more

Wuxi Huadong Heavy Machinery Co Ltd (002685) - Net Assets

Latest net assets as of September 2025: CN¥1.59 Billion CNY

Based on the latest financial reports, Wuxi Huadong Heavy Machinery Co Ltd (002685) has net assets worth CN¥1.59 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¥2.72 Billion) and total liabilities (CN¥1.13 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¥1.59 Billion
% of Total Assets 58.56%
Annual Growth Rate 18.78%
5-Year Change -61.86%
10-Year Change 77.71%
Growth Volatility 70.26

Wuxi Huadong Heavy Machinery Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Wuxi Huadong Heavy 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 Wuxi Huadong Heavy Machinery Co Ltd (2008–2024)

The table below shows the annual net assets of Wuxi Huadong Heavy Machinery Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.50 Billion +5.98%
2023-12-31 CN¥1.41 Billion -36.88%
2022-12-31 CN¥2.24 Billion -7.22%
2021-12-31 CN¥2.41 Billion -38.56%
2020-12-31 CN¥3.93 Billion -22.17%
2019-12-31 CN¥5.05 Billion +6.80%
2018-12-31 CN¥4.73 Billion +6.67%
2017-12-31 CN¥4.43 Billion +225.73%
2016-12-31 CN¥1.36 Billion +61.34%
2015-12-31 CN¥843.20 Million +3.84%
2014-12-31 CN¥812.01 Million +3.23%
2013-12-31 CN¥786.60 Million +0.23%
2012-12-31 CN¥784.78 Million +178.24%
2011-12-31 CN¥282.06 Million +38.49%
2010-12-31 CN¥203.66 Million +47.08%
2009-12-31 CN¥138.47 Million +45.03%
2008-12-31 CN¥95.48 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wuxi Huadong Heavy 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 5480.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.01 Billion 65.83%
Other Comprehensive Income CN¥49.26 Million 3.22%
Other Components CN¥3.02 Billion 197.55%
Total Equity CN¥1.53 Billion 100.00%

Wuxi Huadong Heavy Machinery Co Ltd Competitors by Market Cap

The table below lists competitors of Wuxi Huadong Heavy Machinery Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,429,671,000 to 1,530,802,000, a change of 101,131,000 (7.1%).
  • Net income of 123,045,000 contributed positively to equity growth.
  • Dividend payments of 6,447,000 reduced retained earnings.
  • Other comprehensive income increased equity by 11,026,508.
  • Other factors decreased equity by 26,493,508.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥123.05 Million +8.04%
Dividends Paid CN¥6.45 Million -0.42%
Other Comprehensive Income CN¥11.03 Million +0.72%
Other Changes CN¥-26.49 Million -1.73%
Total Change CN¥- 7.07%

Book Value vs Market Value Analysis

This analysis compares Wuxi Huadong Heavy 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: 4.64x
  • 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 74.41x to 4.64x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 CN¥0.09 CN¥7.05 x
2009-12-31 CN¥0.14 CN¥7.05 x
2010-12-31 CN¥0.48 CN¥7.05 x
2011-12-31 CN¥0.67 CN¥7.05 x
2012-12-31 CN¥1.62 CN¥7.05 x
2013-12-31 CN¥1.40 CN¥7.05 x
2014-12-31 CN¥1.42 CN¥7.05 x
2015-12-31 CN¥1.45 CN¥7.05 x
2016-12-31 CN¥1.96 CN¥7.05 x
2017-12-31 CN¥5.60 CN¥7.05 x
2018-12-31 CN¥4.59 CN¥7.05 x
2019-12-31 CN¥4.90 CN¥7.05 x
2020-12-31 CN¥3.79 CN¥7.05 x
2021-12-31 CN¥2.40 CN¥7.05 x
2022-12-31 CN¥2.22 CN¥7.05 x
2023-12-31 CN¥1.42 CN¥7.05 x
2024-12-31 CN¥1.52 CN¥7.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wuxi Huadong Heavy 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): 8.04%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.39%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 1.99x
  • Recent ROE (8.04%) is above the historical average (0.48%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 19.34% 7.13% 0.81x 3.33x CN¥8.91 Million
2009 32.68% 13.34% 0.91x 2.70x CN¥31.41 Million
2010 40.52% 16.99% 1.26x 1.90x CN¥62.16 Million
2011 27.79% 15.89% 0.98x 1.79x CN¥50.19 Million
2012 5.73% 10.60% 0.46x 1.17x CN¥-33.49 Million
2013 1.29% 2.63% 0.38x 1.28x CN¥-68.53 Million
2014 1.48% 2.36% 0.46x 1.37x CN¥-67.73 Million
2015 2.69% 1.43% 1.29x 1.47x CN¥-59.47 Million
2016 2.27% 1.39% 1.13x 1.45x CN¥-101.02 Million
2017 3.04% 2.64% 0.85x 1.36x CN¥-302.68 Million
2018 6.65% 3.09% 1.68x 1.28x CN¥-154.86 Million
2019 7.22% 2.61% 1.86x 1.49x CN¥-137.27 Million
2020 -28.03% -14.01% 1.26x 1.59x CN¥-1.45 Billion
2021 -57.85% -19.76% 1.72x 1.70x CN¥-1.64 Billion
2022 -7.97% -12.10% 0.44x 1.51x CN¥-402.57 Million
2023 -56.73% -120.85% 0.22x 2.17x CN¥-953.97 Million
2024 8.04% 10.39% 0.39x 1.99x CN¥-30.04 Million

Industry Comparison

This section compares Wuxi Huadong Heavy 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
Wuxi Huadong Heavy Machinery Co Ltd (002685) CN¥1.59 Billion 19.34% 0.71x $772.37 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