IFE Elevators Co Ltd (002774) - Net Assets
Based on the latest financial reports, IFE Elevators Co Ltd (002774) has net assets worth CN¥1.21 Billion CNY (≈ $177.69 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¥2.05 Billion ≈ $299.59 Million USD) and total liabilities (CN¥833.02 Million ≈ $121.90 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. Also explore IFE Elevators Co Ltd assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.21 Billion |
| % of Total Assets | 59.31% |
| Annual Growth Rate | 12.91% |
| 5-Year Change | -10.53% |
| 10-Year Change | 165.47% |
| Growth Volatility | 31.61 |
IFE Elevators Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how IFE Elevators Co Ltd's net assets have evolved over time, based on quarterly financial data. Check IFE Elevators Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for IFE Elevators Co Ltd (2012–2025)
The table below shows the annual net assets of IFE Elevators Co Ltd from 2012 to 2025. For live valuation and market cap data, see 002774 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.22 Billion ≈ $178.09 Million |
-3.93% |
| 2024-12-31 | CN¥1.27 Billion ≈ $185.37 Million |
+0.03% |
| 2023-12-31 | CN¥1.27 Billion ≈ $185.31 Million |
+5.24% |
| 2022-12-31 | CN¥1.20 Billion ≈ $176.08 Million |
-11.54% |
| 2021-12-31 | CN¥1.36 Billion ≈ $199.05 Million |
+24.13% |
| 2020-12-31 | CN¥1.10 Billion ≈ $160.36 Million |
+1.48% |
| 2019-12-31 | CN¥1.08 Billion ≈ $158.02 Million |
+2.04% |
| 2018-12-31 | CN¥1.06 Billion ≈ $154.86 Million |
+5.71% |
| 2017-12-31 | CN¥1.00 Billion ≈ $146.49 Million |
+118.37% |
| 2016-12-31 | CN¥458.45 Million ≈ $67.09 Million |
+13.57% |
| 2015-12-31 | CN¥403.67 Million ≈ $59.07 Million |
+4.81% |
| 2014-12-31 | CN¥385.15 Million ≈ $56.36 Million |
+15.64% |
| 2013-12-31 | CN¥333.06 Million ≈ $48.74 Million |
+32.67% |
| 2012-12-31 | CN¥251.04 Million ≈ $36.74 Million |
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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 283.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥306.25 Million | 25.17% |
| Other Components | CN¥910.31 Million | 74.83% |
| Total Equity | CN¥1.22 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 |
|---|---|
|
Gujarat State Fertilizers & Chemicals Limited
NSE:GSFC
|
$692.99 Million |
|
Mega First Corporation Bhd
KLSE:3069
|
$693.20 Million |
|
Vital Energy Inc.
NYSE:VTLE
|
$693.32 Million |
|
Shandong Link Science and Technology Co Ltd
SHE:001207
|
$693.32 Million |
|
CECEP Guozhen Environmental Protection Technology Co Ltd
SHE:300388
|
$692.62 Million |
|
Bestsun Energy Co Ltd
SHG:600681
|
$692.62 Million |
|
Anhui Huilong Agricultural Means of Production Co Ltd
SHE:002556
|
$692.53 Million |
|
Bumi Serpong Damai Tbk
JK:BSDE
|
$692.37 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 2024 to 2025, total equity changed from 1,266,525,506 to 1,216,564,213, a change of -49,961,293 (-3.9%).
- Net income of 71,688,188 contributed positively to equity growth.
- Dividend payments of 121,840,186 reduced retained earnings.
- Other comprehensive income decreased equity by 156,149,479.
- Other factors increased equity by 156,340,183.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥71.69 Million | +5.89% |
| Dividends Paid | CN¥121.84 Million | -10.02% |
| Other Comprehensive Income | CN¥-156.15 Million | -12.84% |
| Other Changes | CN¥156.34 Million | +12.85% |
| Total Change | CN¥- | -3.94% |
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: 3.89x
- 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 9.45x to 3.89x 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¥1.49 | CN¥14.06 | x |
| 2013-12-31 | CN¥1.42 | CN¥14.06 | x |
| 2014-12-31 | CN¥1.61 | CN¥14.06 | x |
| 2015-12-31 | CN¥1.61 | CN¥14.06 | x |
| 2016-12-31 | CN¥1.83 | CN¥14.06 | x |
| 2017-12-31 | CN¥3.19 | CN¥14.06 | x |
| 2018-12-31 | CN¥3.13 | CN¥14.06 | x |
| 2019-12-31 | CN¥3.16 | CN¥14.06 | x |
| 2020-12-31 | CN¥3.22 | CN¥14.06 | x |
| 2021-12-31 | CN¥4.02 | CN¥14.06 | x |
| 2022-12-31 | CN¥3.57 | CN¥14.06 | x |
| 2023-12-31 | CN¥3.76 | CN¥14.06 | x |
| 2024-12-31 | CN¥3.76 | CN¥14.06 | x |
| 2025-12-31 | CN¥3.61 | CN¥14.06 | 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): 5.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.91%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.73x
- Recent ROE (5.89%) is below the historical average (13.39%), 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 |
| 2025 | 5.89% | 4.91% | 0.69x | 1.73x | CN¥-49.97 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: $1,309,839,773
- Average return on equity (ROE) among peers: 1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IFE Elevators Co Ltd (002774) | CN¥1.21 Billion | 25.53% | 0.69x | $692.71 Million |
| Huayi Compressor Co Ltd (000404) | $889.33 Million | 2.15% | 3.04x | $802.55 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.39 Billion | 1.53% | 5.73x | $1.94 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $364.47 Million | 2.71% | 0.41x | $2.92 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.19 Billion | 3.46% | 1.39x | $442.01 Million |
| Changchai Co Ltd (000570) | $293.98 Million | 13.18% | 1.15x | $410.64 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.88 Billion | 6.73% | 0.86x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $559.29 Million | -28.99% | 0.99x | $993.06 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.54 Billion | 6.78% | 0.60x | $1.03 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $658.99 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $637.23 Million | 7.17% | 0.71x | $1.47 Billion |
About 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