Ningbo ZhongDa Leader Intelligent Transmission Co Ltd
Ningbo ZhongDa Leader Intelligent Transmission Co., Ltd. engages in the research and development, production, sale, and service of key components in the field of power transmission and control applications in the People's Republic of China and internationally. It provides precision reducers, reduction motors, and other core components; and motors, bevel gear motors, roller motors, precision reduc… Read more
Ningbo ZhongDa Leader Intelligent Transmission Co Ltd (002896) - Net Assets
Latest net assets as of September 2025: CN¥1.20 Billion CNY
Based on the latest financial reports, Ningbo ZhongDa Leader Intelligent Transmission Co Ltd (002896) 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¥1.81 Billion) and total liabilities (CN¥615.25 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 | 66.03% |
| Annual Growth Rate | 17.7% |
| 5-Year Change | 69.48% |
| 10-Year Change | 418.52% |
| Growth Volatility | 25.61 |
Ningbo ZhongDa Leader Intelligent Transmission Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Ningbo ZhongDa Leader Intelligent Transmission 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 Ningbo ZhongDa Leader Intelligent Transmission Co Ltd (2013–2024)
The table below shows the annual net assets of Ningbo ZhongDa Leader Intelligent Transmission Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.17 Billion | +5.54% |
| 2023-12-31 | CN¥1.11 Billion | +6.00% |
| 2022-12-31 | CN¥1.05 Billion | +37.46% |
| 2021-12-31 | CN¥763.80 Million | +10.21% |
| 2020-12-31 | CN¥693.05 Million | +9.90% |
| 2019-12-31 | CN¥630.62 Million | +6.87% |
| 2018-12-31 | CN¥590.09 Million | +10.99% |
| 2017-12-31 | CN¥531.66 Million | +94.63% |
| 2016-12-31 | CN¥273.17 Million | +20.59% |
| 2015-12-31 | CN¥226.52 Million | -1.84% |
| 2014-12-31 | CN¥230.77 Million | +18.04% |
| 2013-12-31 | CN¥195.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo ZhongDa Leader Intelligent Transmission 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 457.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥435.85 Million | 37.12% |
| Common Stock | CN¥151.17 Million | 12.87% |
| Other Components | CN¥587.18 Million | 50.01% |
| Total Equity | CN¥1.17 Billion | 100.00% |
Ningbo ZhongDa Leader Intelligent Transmission Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo ZhongDa Leader Intelligent Transmission Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
$1.07 Billion |
|
Jiangxi Guoke Defence Group Co. Ltd. A
SHG:688543
|
$1.07 Billion |
|
Jiayou International Logistics Co Ltd
SHG:603871
|
$1.07 Billion |
|
SHIFT Inc.
PINK:SFTTF
|
$1.07 Billion |
|
TriNet Group Inc
NYSE:TNET
|
$1.07 Billion |
|
ECOPRO MAT
KO:450080
|
$1.07 Billion |
|
The Tel-Aviv Stock Exchange Ltd
OTCGREY:TVAVF
|
$1.07 Billion |
|
Shanghai New Vision Microelectronics Co. Ltd. A
SHG:688593
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo ZhongDa Leader Intelligent Transmission Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,112,403,000 to 1,174,200,000, a change of 61,797,000 (5.6%).
- Net income of 72,550,356 contributed positively to equity growth.
- Dividend payments of 14,609,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥72.55 Million | +6.18% |
| Dividends Paid | CN¥14.61 Million | -1.24% |
| Other Changes | CN¥3.86 Million | +0.33% |
| Total Change | CN¥- | 5.56% |
Book Value vs Market Value Analysis
This analysis compares Ningbo ZhongDa Leader Intelligent Transmission 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: 9.60x
- 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 38.79x to 9.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.92 | CN¥74.60 | x |
| 2014-12-31 | CN¥2.27 | CN¥74.60 | x |
| 2015-12-31 | CN¥2.37 | CN¥74.60 | x |
| 2016-12-31 | CN¥2.70 | CN¥74.60 | x |
| 2017-12-31 | CN¥4.73 | CN¥74.60 | x |
| 2018-12-31 | CN¥4.36 | CN¥74.60 | x |
| 2019-12-31 | CN¥4.67 | CN¥74.60 | x |
| 2020-12-31 | CN¥5.13 | CN¥74.60 | x |
| 2021-12-31 | CN¥5.65 | CN¥74.60 | x |
| 2022-12-31 | CN¥7.44 | CN¥74.60 | x |
| 2023-12-31 | CN¥7.30 | CN¥74.60 | x |
| 2024-12-31 | CN¥7.77 | CN¥74.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo ZhongDa Leader Intelligent Transmission 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): 6.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.43%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.40x
- Recent ROE (6.18%) is below the historical average (11.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.93% | 13.90% | 0.57x | 2.26x | CN¥15.47 Million |
| 2014 | 15.37% | 12.84% | 0.57x | 2.09x | CN¥12.36 Million |
| 2015 | 13.49% | 10.17% | 0.62x | 2.14x | CN¥7.89 Million |
| 2016 | 17.12% | 12.64% | 0.70x | 1.92x | CN¥19.45 Million |
| 2017 | 11.25% | 12.01% | 0.64x | 1.47x | CN¥6.67 Million |
| 2018 | 12.35% | 12.17% | 0.64x | 1.59x | CN¥13.85 Million |
| 2019 | 8.32% | 7.77% | 0.66x | 1.61x | CN¥-10.57 Million |
| 2020 | 10.14% | 9.23% | 0.70x | 1.56x | CN¥936.01K |
| 2021 | 10.65% | 8.54% | 0.64x | 1.94x | CN¥4.99 Million |
| 2022 | 6.32% | 7.39% | 0.61x | 1.41x | CN¥-38.62 Million |
| 2023 | 6.58% | 6.74% | 0.67x | 1.46x | CN¥-38.09 Million |
| 2024 | 6.18% | 7.43% | 0.60x | 1.40x | CN¥-44.87 Million |
Industry Comparison
This section compares Ningbo ZhongDa Leader Intelligent Transmission 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo ZhongDa Leader Intelligent Transmission Co Ltd (002896) | CN¥1.20 Billion | 17.93% | 0.51x | $1.07 Billion |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |