Wuxi Smart Auto-control Engineering Co Ltd (002877) - Net Assets
Based on the latest financial reports, Wuxi Smart Auto-control Engineering Co Ltd (002877) has net assets worth CN¥1.21 Billion CNY (≈ $177.46 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¥2.41 Billion ≈ $352.95 Million USD) and total liabilities (CN¥1.20 Billion ≈ $175.49 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 002877 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.21 Billion |
| % of Total Assets | 50.28% |
| Annual Growth Rate | 18.53% |
| 5-Year Change | 52.0% |
| 10-Year Change | 317.85% |
| Growth Volatility | 20.85 |
Wuxi Smart Auto-control Engineering Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Wuxi Smart Auto-control Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002877 total assets for the complete picture of this company's asset base.
Annual Net Assets for Wuxi Smart Auto-control Engineering Co Ltd (2012–2024)
The table below shows the annual net assets of Wuxi Smart Auto-control Engineering Co Ltd from 2012 to 2024. For live valuation and market cap data, see Wuxi Smart Auto-control Engineering Co L (002877) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion ≈ $173.34 Million |
+1.00% |
| 2023-12-31 | CN¥1.17 Billion ≈ $171.62 Million |
+30.30% |
| 2022-12-31 | CN¥900.07 Million ≈ $131.71 Million |
+8.67% |
| 2021-12-31 | CN¥828.28 Million ≈ $121.20 Million |
+6.29% |
| 2020-12-31 | CN¥779.30 Million ≈ $114.04 Million |
+4.70% |
| 2019-12-31 | CN¥744.33 Million ≈ $108.92 Million |
+16.40% |
| 2018-12-31 | CN¥639.45 Million ≈ $93.57 Million |
+9.25% |
| 2017-12-31 | CN¥585.32 Million ≈ $85.65 Million |
+81.24% |
| 2016-12-31 | CN¥322.95 Million ≈ $47.26 Million |
+13.92% |
| 2015-12-31 | CN¥283.49 Million ≈ $41.48 Million |
+13.89% |
| 2014-12-31 | CN¥248.91 Million ≈ $36.42 Million |
+19.20% |
| 2013-12-31 | CN¥208.82 Million ≈ $30.56 Million |
+35.62% |
| 2012-12-31 | CN¥153.97 Million ≈ $22.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wuxi Smart Auto-control Engineering 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 2090.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥529.72 Million | 44.72% |
| Common Stock | CN¥353.87 Million | 29.87% |
| Other Comprehensive Income | CN¥126.33 Million | 10.66% |
| Other Components | CN¥174.64 Million | 14.74% |
| Total Equity | CN¥1.18 Billion | 100.00% |
Wuxi Smart Auto-control Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Wuxi Smart Auto-control Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ferguson Plc
LSE:FERG
|
$475.41 Million |
|
PPC Ltd
JSE:PPC
|
$475.42 Million |
|
Beijing AriTime Intelligent Control Co Ltd
SHG:600560
|
$475.51 Million |
|
Shenzhen RoadRover Technology Co Ltd
SHE:002813
|
$475.52 Million |
|
Wirtualna Polska Holding SA
WAR:WPL
|
$475.29 Million |
|
Freegold Ventures Limited
TO:FVL
|
$475.27 Million |
|
Future Generation Global Ltd
AU:FGG
|
$475.23 Million |
|
Jiangnan Yifan Motor Co.Ltd
SHE:301023
|
$474.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi Smart Auto-control Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,172,801,975 to 1,184,552,155, a change of 11,750,180 (1.0%).
- Net income of 22,698,355 contributed positively to equity growth.
- Dividend payments of 31,549,760 reduced retained earnings.
- Other comprehensive income decreased equity by 3,269,195.
- Other factors increased equity by 23,870,780.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.70 Million | +1.92% |
| Dividends Paid | CN¥31.55 Million | -2.66% |
| Other Comprehensive Income | CN¥-3.27 Million | -0.28% |
| Other Changes | CN¥23.87 Million | +2.02% |
| Total Change | CN¥- | 1.00% |
Book Value vs Market Value Analysis
This analysis compares Wuxi Smart Auto-control Engineering 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: 2.92x
- 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 13.83x to 2.92x 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¥0.66 | CN¥9.13 | x |
| 2013-12-31 | CN¥0.84 | CN¥9.13 | x |
| 2014-12-31 | CN¥1.00 | CN¥9.13 | x |
| 2015-12-31 | CN¥1.15 | CN¥9.13 | x |
| 2016-12-31 | CN¥1.30 | CN¥9.13 | x |
| 2017-12-31 | CN¥2.00 | CN¥9.13 | x |
| 2018-12-31 | CN¥1.93 | CN¥9.13 | x |
| 2019-12-31 | CN¥2.24 | CN¥9.13 | x |
| 2020-12-31 | CN¥2.18 | CN¥9.13 | x |
| 2021-12-31 | CN¥2.36 | CN¥9.13 | x |
| 2022-12-31 | CN¥2.71 | CN¥9.13 | x |
| 2023-12-31 | CN¥3.46 | CN¥9.13 | x |
| 2024-12-31 | CN¥3.13 | CN¥9.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi Smart Auto-control Engineering 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): 1.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.08%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.01x
- Recent ROE (1.92%) is below the historical average (12.88%), 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 | 23.94% | 16.06% | 0.70x | 2.13x | CN¥21.46 Million |
| 2013 | 30.13% | 23.00% | 0.71x | 1.84x | CN¥42.03 Million |
| 2014 | 21.64% | 18.81% | 0.73x | 1.57x | CN¥28.98 Million |
| 2015 | 15.06% | 16.72% | 0.54x | 1.66x | CN¥14.34 Million |
| 2016 | 14.16% | 16.72% | 0.54x | 1.58x | CN¥13.45 Million |
| 2017 | 8.14% | 15.50% | 0.37x | 1.41x | CN¥-10.89 Million |
| 2018 | 9.86% | 16.76% | 0.38x | 1.56x | CN¥-901.38K |
| 2019 | 9.42% | 14.71% | 0.36x | 1.78x | CN¥-4.33 Million |
| 2020 | 7.33% | 10.35% | 0.38x | 1.87x | CN¥-20.85 Million |
| 2021 | 7.64% | 8.62% | 0.42x | 2.09x | CN¥-19.55 Million |
| 2022 | 9.29% | 9.70% | 0.41x | 2.36x | CN¥-6.38 Million |
| 2023 | 8.95% | 10.25% | 0.44x | 1.99x | CN¥-12.32 Million |
| 2024 | 1.92% | 2.08% | 0.46x | 2.01x | CN¥-95.76 Million |
Industry Comparison
This section compares Wuxi Smart Auto-control Engineering 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuxi Smart Auto-control Engineering Co Ltd (002877) | CN¥1.21 Billion | 23.94% | 0.99x | $475.41 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Wuxi Smart Auto-control Engineering Co Ltd
Wuxi Smart Auto-Control Engineering Co., Ltd. engages in the designs, research, develops, manufactures, and sales of control valves in China. The company offers P series single-seat sleeve valves, M series sleeve control valves, W series butterfly valves, R series ball valves, Z series material valves, F series anti-corrosion valves, Y series self-operated control valves, J series angle control v… Read more