Harbin Boshi Automation Co Ltd (002698) - Net Assets
Based on the latest financial reports, Harbin Boshi Automation Co Ltd (002698) has net assets worth CN¥4.36 Billion CNY (≈ $637.48 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.28 Billion ≈ $1.07 Billion USD) and total liabilities (CN¥2.93 Billion ≈ $428.12 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 Harbin Boshi Automation Co Ltd (002698) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.36 Billion |
| % of Total Assets | 59.82% |
| Annual Growth Rate | 16.48% |
| 5-Year Change | 42.76% |
| 10-Year Change | 127.81% |
| Growth Volatility | 23.66 |
Harbin Boshi Automation Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Harbin Boshi Automation Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Harbin Boshi Automation Co Ltd (002698) market capitalisation.
Annual Net Assets for Harbin Boshi Automation Co Ltd (2009–2025)
The table below shows the annual net assets of Harbin Boshi Automation Co Ltd from 2009 to 2025. Also explore net asset momentum of Harbin Boshi Automation Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.35 Billion ≈ $636.72 Million |
+10.14% |
| 2024-12-31 | CN¥3.95 Billion ≈ $578.10 Million |
+9.81% |
| 2023-12-31 | CN¥3.60 Billion ≈ $526.45 Million |
+7.50% |
| 2022-12-31 | CN¥3.35 Billion ≈ $489.73 Million |
+9.80% |
| 2021-12-31 | CN¥3.05 Billion ≈ $446.00 Million |
+12.24% |
| 2020-12-31 | CN¥2.72 Billion ≈ $397.37 Million |
+14.43% |
| 2019-12-31 | CN¥2.37 Billion ≈ $347.27 Million |
+11.26% |
| 2018-12-31 | CN¥2.13 Billion ≈ $312.13 Million |
+6.05% |
| 2017-12-31 | CN¥2.01 Billion ≈ $294.31 Million |
+5.30% |
| 2016-12-31 | CN¥1.91 Billion ≈ $279.49 Million |
+7.80% |
| 2015-12-31 | CN¥1.77 Billion ≈ $259.27 Million |
+7.86% |
| 2014-12-31 | CN¥1.64 Billion ≈ $240.37 Million |
+11.49% |
| 2013-12-31 | CN¥1.47 Billion ≈ $215.60 Million |
+13.05% |
| 2012-12-31 | CN¥1.30 Billion ≈ $190.72 Million |
+105.65% |
| 2011-12-31 | CN¥633.74 Million ≈ $92.74 Million |
+25.12% |
| 2010-12-31 | CN¥506.52 Million ≈ $74.12 Million |
+33.75% |
| 2009-12-31 | CN¥378.71 Million ≈ $55.42 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Harbin Boshi Automation 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 704.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.24 Billion | 53.81% |
| Other Components | CN¥1.93 Billion | 46.19% |
| Total Equity | CN¥4.17 Billion | 100.00% |
Harbin Boshi Automation Co Ltd Competitors by Market Cap
The table below lists competitors of Harbin Boshi Automation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Forms Syntron Information Co Ltd
SHE:300468
|
$1.71 Billion |
|
Ivanhoe Electric Inc.
NYSE MKT:IE
|
$1.71 Billion |
|
Allient Inc.
NASDAQ:ALNT
|
$1.71 Billion |
|
BBMG Corp Class A
SHG:601992
|
$1.71 Billion |
|
Chongqing Zaisheng Tech Corp
SHG:603601
|
$1.71 Billion |
|
ANI Pharmaceuticals Inc
NASDAQ:ANIP
|
$1.71 Billion |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
$1.71 Billion |
|
Shenzhen Hepalink Pharmaceutical Co Ltd
SHE:002399
|
$1.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harbin Boshi Automation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,790,432,312 to 4,171,835,684, a change of 381,403,372 (10.1%).
- Net income of 563,756,409 contributed positively to equity growth.
- Dividend payments of 261,011,217 reduced retained earnings.
- Other comprehensive income decreased equity by 818,274,300.
- Other factors increased equity by 896,932,480.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥563.76 Million | +13.51% |
| Dividends Paid | CN¥261.01 Million | -6.26% |
| Other Comprehensive Income | CN¥-818.27 Million | -19.61% |
| Other Changes | CN¥896.93 Million | +21.5% |
| Total Change | CN¥- | 10.06% |
Book Value vs Market Value Analysis
This analysis compares Harbin Boshi Automation 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: 2.80x
- 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 27.20x to 2.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.42 | CN¥11.41 | x |
| 2010-12-31 | CN¥0.55 | CN¥11.41 | x |
| 2011-12-31 | CN¥0.69 | CN¥11.41 | x |
| 2012-12-31 | CN¥1.37 | CN¥11.41 | x |
| 2013-12-31 | CN¥1.45 | CN¥11.41 | x |
| 2014-12-31 | CN¥1.59 | CN¥11.41 | x |
| 2015-12-31 | CN¥1.71 | CN¥11.41 | x |
| 2016-12-31 | CN¥1.77 | CN¥11.41 | x |
| 2017-12-31 | CN¥1.89 | CN¥11.41 | x |
| 2018-12-31 | CN¥2.02 | CN¥11.41 | x |
| 2019-12-31 | CN¥2.24 | CN¥11.41 | x |
| 2020-12-31 | CN¥2.51 | CN¥11.41 | x |
| 2021-12-31 | CN¥2.82 | CN¥11.41 | x |
| 2022-12-31 | CN¥3.10 | CN¥11.41 | x |
| 2023-12-31 | CN¥3.36 | CN¥11.41 | x |
| 2024-12-31 | CN¥3.71 | CN¥11.41 | x |
| 2025-12-31 | CN¥4.08 | CN¥11.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harbin Boshi Automation 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): 13.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.93%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.75x
- Recent ROE (13.51%) is below the historical average (14.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 28.05% | 26.64% | 0.64x | 1.63x | CN¥68.34 Million |
| 2010 | 25.11% | 28.74% | 0.53x | 1.64x | CN¥76.56 Million |
| 2011 | 23.75% | 25.27% | 0.53x | 1.79x | CN¥87.15 Million |
| 2012 | 13.45% | 23.65% | 0.42x | 1.34x | CN¥45.01 Million |
| 2013 | 14.07% | 27.14% | 0.40x | 1.30x | CN¥59.95 Million |
| 2014 | 11.60% | 30.83% | 0.30x | 1.26x | CN¥25.81 Million |
| 2015 | 10.13% | 24.64% | 0.35x | 1.18x | CN¥2.22 Million |
| 2016 | 6.02% | 17.49% | 0.28x | 1.24x | CN¥-72.48 Million |
| 2017 | 6.72% | 16.44% | 0.30x | 1.37x | CN¥-63.25 Million |
| 2018 | 8.82% | 19.89% | 0.27x | 1.67x | CN¥-24.43 Million |
| 2019 | 13.41% | 21.04% | 0.36x | 1.76x | CN¥78.07 Million |
| 2020 | 15.78% | 22.18% | 0.40x | 1.78x | CN¥148.50 Million |
| 2021 | 17.03% | 23.21% | 0.43x | 1.70x | CN¥202.35 Million |
| 2022 | 14.04% | 20.66% | 0.35x | 1.96x | CN¥128.08 Million |
| 2023 | 15.46% | 20.80% | 0.39x | 1.93x | CN¥188.56 Million |
| 2024 | 13.83% | 18.31% | 0.41x | 1.83x | CN¥145.18 Million |
| 2025 | 13.51% | 19.93% | 0.39x | 1.75x | CN¥146.57 Million |
Industry Comparison
This section compares Harbin Boshi Automation Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $916,926,324
- Average return on equity (ROE) among peers: 3.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harbin Boshi Automation Co Ltd (002698) | CN¥4.36 Billion | 28.05% | 0.67x | $1.71 Billion |
| Huayi Compressor Co Ltd (000404) | $1.12 Billion | 9.22% | 3.23x | $700.70 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.55 Billion | 9.14% | 5.77x | $2.16 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $137.29 Million | 0.92% | 0.66x | $3.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.06 Billion | 6.63% | 0.45x | $457.86 Million |
| Changchai Co Ltd (000570) | $376.02 Million | 53.26% | 1.68x | $427.72 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.12 Billion | -70.12% | 3.14x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $434.81 Million | 0.07% | 1.59x | $878.09 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.00 Billion | 11.10% | 0.64x | $938.65 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $738.00 Million | 11.68% | 0.18x | $683.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $637.23 Million | 7.17% | 0.71x | $1.45 Billion |
About Harbin Boshi Automation Co Ltd
Harbin Boshi Automation Co., Ltd. engages in the research and development, production, sale, and service of intelligent manufacturing equipment and industrial robots in the People's Republic of China. It offers industrial robots, smelting robot equipment, weighing equipment, palletizing systems, conveying inspection equipment, intelligent logistics systems, rubber post-processing equipment, and e… Read more