IFE Elevators Co Ltd
IFE Elevators Co., Ltd. engages in the research and development, design, manufacturing, sale and installation, modification, repair, and maintenance of elevators, escalators, and moving walkways in China and internationally. Its products include passenger elevators, such as super-high-speed, small machine room passenger, machine room-less passenger, firefighter, bed, sightseeing, and home elevato… Read more
IFE Elevators Co Ltd (002774) - Net Assets
Latest net assets as of September 2025: CN¥1.20 Billion CNY
Based on the latest financial reports, IFE Elevators Co Ltd (002774) has net assets worth CN¥1.20 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¥2.07 Billion) and total liabilities (CN¥873.41 Million). 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¥1.20 Billion |
| % of Total Assets | 57.87% |
| Annual Growth Rate | 14.44% |
| 5-Year Change | 15.59% |
| 10-Year Change | 213.81% |
| Growth Volatility | 32.35 |
IFE Elevators Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how IFE Elevators 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 IFE Elevators Co Ltd (2012–2024)
The table below shows the annual net assets of IFE Elevators Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.27 Billion | +0.03% |
| 2023-12-31 | CN¥1.27 Billion | +5.24% |
| 2022-12-31 | CN¥1.20 Billion | -11.54% |
| 2021-12-31 | CN¥1.36 Billion | +24.13% |
| 2020-12-31 | CN¥1.10 Billion | +1.48% |
| 2019-12-31 | CN¥1.08 Billion | +2.04% |
| 2018-12-31 | CN¥1.06 Billion | +5.71% |
| 2017-12-31 | CN¥1.00 Billion | +118.37% |
| 2016-12-31 | CN¥458.45 Million | +13.57% |
| 2015-12-31 | CN¥403.67 Million | +4.81% |
| 2014-12-31 | CN¥385.15 Million | +15.64% |
| 2013-12-31 | CN¥333.06 Million | +32.67% |
| 2012-12-31 | CN¥251.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IFE Elevators 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 354.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥362.87 Million | 28.65% |
| Common Stock | CN¥336.69 Million | 26.58% |
| Other Comprehensive Income | CN¥156.15 Million | 12.33% |
| Other Components | CN¥410.82 Million | 32.44% |
| Total Equity | CN¥1.27 Billion | 100.00% |
IFE Elevators Co Ltd Competitors by Market Cap
The table below lists competitors of IFE Elevators Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DAEA TI Co. Ltd
KQ:045390
|
$171.69 Million |
|
Acacia Research Corporation
NASDAQ:ACTG
|
$171.69 Million |
|
KHVATEC Co.Ltd
KQ:060720
|
$171.73 Million |
|
Axiomtek Co Ltd
TWO:3088
|
$171.78 Million |
|
GABIA Inc
KQ:079940
|
$171.64 Million |
|
C.E. Info Systems Limited
NSE:MAPMYINDIA
|
$171.62 Million |
|
Ways Electron Co Ltd
SHG:605218
|
$171.58 Million |
|
JDC Group AG
XETRA:JDC
|
$171.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IFE Elevators Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,266,136,353 to 1,266,525,506, a change of 389,153 (0.0%).
- Net income of 132,433,430 contributed positively to equity growth.
- Dividend payments of 134,675,160 reduced retained earnings.
- Other comprehensive income increased equity by 15,720,102.
- Other factors decreased equity by 13,089,219.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥132.43 Million | +10.46% |
| Dividends Paid | CN¥134.68 Million | -10.63% |
| Other Comprehensive Income | CN¥15.72 Million | +1.24% |
| Other Changes | CN¥-13.09 Million | -1.03% |
| Total Change | CN¥- | 0.03% |
Book Value vs Market Value Analysis
This analysis compares IFE Elevators 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: 2.95x
- 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 4.82x to 2.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.31 | CN¥11.11 | x |
| 2013-12-31 | CN¥1.42 | CN¥11.11 | x |
| 2014-12-31 | CN¥2.49 | CN¥11.11 | x |
| 2015-12-31 | CN¥1.61 | CN¥11.11 | x |
| 2016-12-31 | CN¥1.83 | CN¥11.11 | x |
| 2017-12-31 | CN¥3.19 | CN¥11.11 | x |
| 2018-12-31 | CN¥3.13 | CN¥11.11 | x |
| 2019-12-31 | CN¥3.16 | CN¥11.11 | x |
| 2020-12-31 | CN¥3.22 | CN¥11.11 | x |
| 2021-12-31 | CN¥4.02 | CN¥11.11 | x |
| 2022-12-31 | CN¥3.57 | CN¥11.11 | x |
| 2023-12-31 | CN¥3.76 | CN¥11.11 | x |
| 2024-12-31 | CN¥3.76 | CN¥11.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IFE Elevators 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): 10.46%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.38%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.61x
- Recent ROE (10.46%) is below the historical average (13.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 25.53% | 10.72% | 1.11x | 2.15x | CN¥39.03 Million |
| 2013 | 24.20% | 10.66% | 0.95x | 2.39x | CN¥47.35 Million |
| 2014 | 26.21% | 12.19% | 1.01x | 2.12x | CN¥62.50 Million |
| 2015 | 16.29% | 8.81% | 0.87x | 2.12x | CN¥25.44 Million |
| 2016 | 21.42% | 12.56% | 0.87x | 1.96x | CN¥52.39 Million |
| 2017 | 7.50% | 10.01% | 0.52x | 1.44x | CN¥-25.02 Million |
| 2018 | 6.79% | 8.18% | 0.57x | 1.45x | CN¥-33.96 Million |
| 2019 | 1.92% | 2.52% | 0.51x | 1.51x | CN¥-87.22 Million |
| 2020 | 2.85% | 3.33% | 0.53x | 1.61x | CN¥-78.34 Million |
| 2021 | 20.64% | 14.15% | 0.83x | 1.75x | CN¥144.71 Million |
| 2022 | 6.28% | 5.13% | 0.73x | 1.69x | CN¥-44.77 Million |
| 2023 | 11.43% | 8.70% | 0.77x | 1.71x | CN¥18.06 Million |
| 2024 | 10.46% | 8.38% | 0.77x | 1.61x | CN¥5.78 Million |
Industry Comparison
This section compares IFE Elevators 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: $1,569,233,767
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IFE Elevators Co Ltd (002774) | CN¥1.20 Billion | 25.53% | 0.73x | $171.67 Million |
| Huayi Compressor Co Ltd (000404) | $4.26 Billion | 2.35% | 1.40x | $442.61 Million |
| Shenyang Machine Tool Co Ltd (000410) | $665.41 Million | 10.13% | 1.41x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $3.61 Billion | 10.56% | 0.36x | $1.93 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.16 Billion | 7.64% | 0.59x | $518.05 Million |
| Changchai Co Ltd (000570) | $1.16 Billion | -7.27% | 0.64x | $384.56 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $476.85 Million | 1.36% | 1.42x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $352.33 Million | 0.81% | 1.70x | $533.76 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $260.61 Million | 10.90% | 0.50x | $943.61 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $863.72 Million | 10.27% | 0.62x | $759.53 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $2.89 Billion | 5.30% | 2.21x | $880.10 Million |