Harbin Jiuzhou Electrical Co Ltd (300040) - Net Assets

Latest as of September 2025: CN¥2.61 Billion CNY ≈ $381.54 Million USD

Based on the latest financial reports, Harbin Jiuzhou Electrical Co Ltd (300040) has net assets worth CN¥2.61 Billion CNY (≈ $381.54 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¥7.40 Billion ≈ $1.08 Billion USD) and total liabilities (CN¥4.79 Billion ≈ $700.70 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 Jiuzhou Electrical Co Ltd (300040) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.61 Billion
% of Total Assets	35.25%
Annual Growth Rate	18.2%
5-Year Change	2.18%
10-Year Change	49.16%
Growth Volatility	59.27

Harbin Jiuzhou Electrical Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Harbin Jiuzhou Electrical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Harbin Jiuzhou Electrical Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Harbin Jiuzhou Electrical Co Ltd (2006–2024)

The table below shows the annual net assets of Harbin Jiuzhou Electrical Co Ltd from 2006 to 2024. For live valuation and market cap data, see Harbin Jiuzhou Electrical Co Ltd (300040) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥2.45 Billion ≈ $358.01 Million	-17.27%
2023-12-31	CN¥2.96 Billion ≈ $432.72 Million	+2.35%
2022-12-31	CN¥2.89 Billion ≈ $422.78 Million	-3.60%
2021-12-31	CN¥3.00 Billion ≈ $438.56 Million	+25.17%
2020-12-31	CN¥2.39 Billion ≈ $350.37 Million	+16.36%
2019-12-31	CN¥2.06 Billion ≈ $301.10 Million	+7.11%
2018-12-31	CN¥1.92 Billion ≈ $281.12 Million	+2.97%
2017-12-31	CN¥1.87 Billion ≈ $273.00 Million	+4.56%
2016-12-31	CN¥1.78 Billion ≈ $261.11 Million	+8.79%
2015-12-31	CN¥1.64 Billion ≈ $240.02 Million	+38.57%
2014-12-31	CN¥1.18 Billion ≈ $173.21 Million	-5.55%
2013-12-31	CN¥1.25 Billion ≈ $183.39 Million	-1.47%
2012-12-31	CN¥1.27 Billion ≈ $186.13 Million	+38.79%
2011-12-31	CN¥916.51 Million ≈ $134.11 Million	+2.94%
2010-12-31	CN¥890.32 Million ≈ $130.28 Million	+6.63%
2009-12-31	CN¥834.94 Million ≈ $122.18 Million	+257.83%
2008-12-31	CN¥233.33 Million ≈ $34.14 Million	+18.29%
2007-12-31	CN¥197.25 Million ≈ $28.86 Million	+63.55%
2006-12-31	CN¥120.60 Million ≈ $17.65 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Harbin Jiuzhou Electrical 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 785.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥476.25 Million	20.00%
Common Stock	CN¥602.85 Million	25.31%
Other Comprehensive Income	CN¥208.15 Million	8.74%
Other Components	CN¥1.09 Billion	45.95%
Total Equity	CN¥2.38 Billion	100.00%

Harbin Jiuzhou Electrical Co Ltd Competitors by Market Cap

The table below lists competitors of Harbin Jiuzhou Electrical Co Ltd ranked by their market capitalization.

Company	Market Cap
Utz Brands Inc NYSE:UTZ	$679.95 Million
Beijing ConST Instruments Technology Inc SHE:300445	$680.14 Million
Ichia Technologies Inc TW:2402	$680.17 Million
President Bakery Public Company Limited BK:PB	$680.27 Million
Jinhe Biotechnology Co Ltd SHE:002688	$679.74 Million
Beijing Chieftain Control Engineering Technology Co Ltd SHE:300430	$679.64 Million
Qingdao Weflo Valve Co Ltd SHE:002871	$679.59 Million
Carriage Services Inc NYSE:CSV	$679.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Harbin Jiuzhou Electrical Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,898,742,384 to 2,381,433,026, a change of -517,309,358 (-17.8%).
Net loss of 544,808,385 reduced equity.
Dividend payments of 148,092,512 reduced retained earnings.
Share repurchases of 10,001,678 reduced equity.
Other comprehensive income decreased equity by 20,167,575.
Other factors increased equity by 205,760,792.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-544.81 Million	-22.88%
Dividends Paid	CN¥148.09 Million	-6.22%
Share Repurchases	CN¥10.00 Million	-0.42%
Other Comprehensive Income	CN¥-20.17 Million	-0.85%
Other Changes	CN¥205.76 Million	+8.64%
Total Change	CN¥-	-17.85%

Book Value vs Market Value Analysis

This analysis compares Harbin Jiuzhou Electrical 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: 1.78x
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 12.66x to 1.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CN¥0.57	CN¥7.22	x
2007-12-31	CN¥0.76	CN¥7.22	x
2008-12-31	CN¥0.81	CN¥7.22	x
2009-12-31	CN¥2.50	CN¥7.22	x
2010-12-31	CN¥2.26	CN¥7.22	x
2011-12-31	CN¥2.32	CN¥7.22	x
2012-12-31	CN¥3.27	CN¥7.22	x
2013-12-31	CN¥2.96	CN¥7.22	x
2014-12-31	CN¥3.03	CN¥7.22	x
2015-12-31	CN¥4.08	CN¥7.22	x
2016-12-31	CN¥3.71	CN¥7.22	x
2017-12-31	CN¥3.86	CN¥7.22	x
2018-12-31	CN¥3.93	CN¥7.22	x
2019-12-31	CN¥4.02	CN¥7.22	x
2020-12-31	CN¥4.70	CN¥7.22	x
2021-12-31	CN¥4.73	CN¥7.22	x
2022-12-31	CN¥4.83	CN¥7.22	x
2023-12-31	CN¥4.92	CN¥7.22	x
2024-12-31	CN¥4.07	CN¥7.22	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Harbin Jiuzhou Electrical 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): -22.88%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -36.78%
• Asset Turnover: 0.21x
• Equity Multiplier: 3.00x
Recent ROE (-22.88%) is below the historical average (5.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	15.03%	10.49%	0.56x	2.57x	CN¥6.07 Million
2007	15.43%	13.26%	0.67x	1.75x	CN¥10.70 Million
2008	15.46%	12.05%	0.65x	1.98x	CN¥12.75 Million
2009	5.60%	12.41%	0.33x	1.36x	CN¥-36.70 Million
2010	6.01%	11.14%	0.41x	1.32x	CN¥-34.59 Million
2011	4.46%	7.04%	0.46x	1.38x	CN¥-49.48 Million
2012	30.84%	91.91%	0.27x	1.26x	CN¥265.02 Million
2013	0.72%	4.34%	0.14x	1.16x	CN¥-116.25 Million
2014	-4.71%	-29.40%	0.14x	1.18x	CN¥-174.09 Million
2015	1.23%	2.65%	0.32x	1.43x	CN¥-143.90 Million
2016	7.31%	9.89%	0.47x	1.59x	CN¥-47.92 Million
2017	5.37%	7.01%	0.38x	2.03x	CN¥-86.42 Million
2018	2.36%	4.41%	0.27x	1.95x	CN¥-145.75 Million
2019	2.49%	6.36%	0.16x	2.45x	CN¥-152.00 Million
2020	2.98%	5.48%	0.18x	3.07x	CN¥-165.18 Million
2021	6.77%	13.05%	0.17x	3.13x	CN¥-87.92 Million
2022	5.20%	11.09%	0.18x	2.67x	CN¥-136.09 Million
2023	3.25%	7.77%	0.16x	2.56x	CN¥-195.66 Million
2024	-22.88%	-36.78%	0.21x	3.00x	CN¥-782.95 Million

Industry Comparison

This section compares Harbin Jiuzhou Electrical 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
Harbin Jiuzhou Electrical Co Ltd (300040)	CN¥2.61 Billion	15.03%	1.84x	$679.77 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 Harbin Jiuzhou Electrical Co Ltd

SHE:300040 China Specialty Industrial Machinery

Market Cap

$679.77 Million

CN¥4.65 Billion CNY

Market Cap Rank

#10992 Global

#3256 in China

Share Price

CN¥7.22

Change (1 day)

-3.09%

52-Week Range

CN¥5.96 - CN¥9.33

All Time High

CN¥1312.83