Wuxi Huadong Heavy Machinery Co Ltd (002685) - Net Assets
Based on the latest financial reports, Wuxi Huadong Heavy Machinery Co Ltd (002685) has net assets worth CN¥1.59 Billion CNY (≈ $232.93 Million USD) 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 ≈ $397.79 Million USD) and total liabilities (CN¥1.13 Billion ≈ $164.86 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 how resilient are Wuxi Huadong Heavy Machinery Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore 002685 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Wuxi Huadong Heavy Machinery Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.50 Billion ≈ $219.27 Million |
+5.98% |
| 2023-12-31 | CN¥1.41 Billion ≈ $206.90 Million |
-36.88% |
| 2022-12-31 | CN¥2.24 Billion ≈ $327.76 Million |
-7.22% |
| 2021-12-31 | CN¥2.41 Billion ≈ $353.25 Million |
-38.56% |
| 2020-12-31 | CN¥3.93 Billion ≈ $574.95 Million |
-22.17% |
| 2019-12-31 | CN¥5.05 Billion ≈ $738.75 Million |
+6.80% |
| 2018-12-31 | CN¥4.73 Billion ≈ $691.69 Million |
+6.67% |
| 2017-12-31 | CN¥4.43 Billion ≈ $648.46 Million |
+225.73% |
| 2016-12-31 | CN¥1.36 Billion ≈ $199.08 Million |
+61.34% |
| 2015-12-31 | CN¥843.20 Million ≈ $123.39 Million |
+3.84% |
| 2014-12-31 | CN¥812.01 Million ≈ $118.82 Million |
+3.23% |
| 2013-12-31 | CN¥786.60 Million ≈ $115.10 Million |
+0.23% |
| 2012-12-31 | CN¥784.78 Million ≈ $114.84 Million |
+178.24% |
| 2011-12-31 | CN¥282.06 Million ≈ $41.27 Million |
+38.49% |
| 2010-12-31 | CN¥203.66 Million ≈ $29.80 Million |
+47.08% |
| 2009-12-31 | CN¥138.47 Million ≈ $20.26 Million |
+45.03% |
| 2008-12-31 | CN¥95.48 Million ≈ $13.97 Million |
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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.
| Company | Market Cap |
|---|---|
|
Jiangsu Rongtai Industry Co. Ltd.
SHG:605133
|
$1.35 Billion |
|
Xinjiang Xuefeng Sci-Tech
SHG:603227
|
$1.35 Billion |
|
Vossloh AG
F:VOS
|
$1.35 Billion |
|
Astec Industries Inc
NASDAQ:ASTE
|
$1.35 Billion |
|
Mota-Engil SGPS S.A
LS:EGL
|
$1.35 Billion |
|
Uwc Bhd
KLSE:5292
|
$1.35 Billion |
|
IRPC Public Company Limited
BK:IRPC
|
$1.35 Billion |
|
Avia Avian PT Tbk
JK:AVIA
|
$1.35 Billion |
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: 6.02x
- 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 96.57x to 6.02x 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¥9.15 | x |
| 2009-12-31 | CN¥0.14 | CN¥9.15 | x |
| 2010-12-31 | CN¥0.48 | CN¥9.15 | x |
| 2011-12-31 | CN¥0.67 | CN¥9.15 | x |
| 2012-12-31 | CN¥1.62 | CN¥9.15 | x |
| 2013-12-31 | CN¥1.40 | CN¥9.15 | x |
| 2014-12-31 | CN¥1.42 | CN¥9.15 | x |
| 2015-12-31 | CN¥1.45 | CN¥9.15 | x |
| 2016-12-31 | CN¥1.96 | CN¥9.15 | x |
| 2017-12-31 | CN¥5.60 | CN¥9.15 | x |
| 2018-12-31 | CN¥4.59 | CN¥9.15 | x |
| 2019-12-31 | CN¥4.90 | CN¥9.15 | x |
| 2020-12-31 | CN¥3.79 | CN¥9.15 | x |
| 2021-12-31 | CN¥2.40 | CN¥9.15 | x |
| 2022-12-31 | CN¥2.22 | CN¥9.15 | x |
| 2023-12-31 | CN¥1.42 | CN¥9.15 | x |
| 2024-12-31 | CN¥1.52 | CN¥9.15 | 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: $4,095,702,889
- Average return on equity (ROE) among peers: 10.22%
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 | $1.35 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $1.66 Billion | 23.08% | 1.16x | $8.26 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $432.44 Million | 9.34% | 1.91x | $17.11 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $17.17 Billion | 3.49% | 1.46x | $2.88 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $5.54 Billion | 19.91% | 2.30x | $2.61 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $1.18 Billion | 7.08% | 1.44x | $683.93 Million |
| HBIS Resources Co Ltd (000923) | $134.08 Million | 18.10% | 1.91x | $1.60 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $6.39 Billion | 14.04% | 3.23x | $3.76 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $547.44 Million | 3.75% | 1.51x | $1.04 Billion |
| Sunward Intelligent Equipment Co Ltd (002097) | $4.76 Billion | 1.05% | 3.39x | $1.56 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $3.14 Billion | 2.38% | 1.05x | $857.91 Million |
About Wuxi Huadong Heavy Machinery Co Ltd
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