Sichuan Kexin Mechanic Electric
Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd., together with its subsidiaries, engages in the design, development, and manufacture of heavy-duty process equipment and system integration in China and internationally. The company offers lifting equipment, material cutting and forming equipment, metal machining, welding and auxiliary equipment, NDT equipment and chemical laboratory, and… Read more
Sichuan Kexin Mechanic Electric (300092) - Net Assets
Latest net assets as of September 2025: CN¥1.62 Billion CNY
Based on the latest financial reports, Sichuan Kexin Mechanic Electric (300092) has net assets worth CN¥1.62 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¥2.29 Billion) and total liabilities (CN¥663.71 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¥1.62 Billion |
| % of Total Assets | 70.99% |
| Annual Growth Rate | 19.25% |
| 5-Year Change | 145.09% |
| 10-Year Change | 245.2% |
| Growth Volatility | 63.6 |
Sichuan Kexin Mechanic Electric - Net Assets Trend (2007–2024)
This chart illustrates how Sichuan Kexin Mechanic Electric's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sichuan Kexin Mechanic Electric (2007–2024)
The table below shows the annual net assets of Sichuan Kexin Mechanic Electric from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.63 Billion | +7.19% |
| 2023-12-31 | CN¥1.52 Billion | +79.75% |
| 2022-12-31 | CN¥847.25 Million | +13.39% |
| 2021-12-31 | CN¥747.22 Million | +12.19% |
| 2020-12-31 | CN¥666.05 Million | +10.87% |
| 2019-12-31 | CN¥600.72 Million | +9.27% |
| 2018-12-31 | CN¥549.75 Million | +0.56% |
| 2017-12-31 | CN¥546.67 Million | +6.11% |
| 2016-12-31 | CN¥515.21 Million | +8.95% |
| 2015-12-31 | CN¥472.88 Million | -9.70% |
| 2014-12-31 | CN¥523.67 Million | +1.10% |
| 2013-12-31 | CN¥517.99 Million | -6.75% |
| 2012-12-31 | CN¥555.48 Million | -0.96% |
| 2011-12-31 | CN¥560.84 Million | +8.00% |
| 2010-12-31 | CN¥519.31 Million | +269.31% |
| 2009-12-31 | CN¥140.62 Million | +38.25% |
| 2008-12-31 | CN¥101.71 Million | +24.30% |
| 2007-12-31 | CN¥81.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Kexin Mechanic Electric'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 986.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥509.42 Million | 31.21% |
| Common Stock | CN¥273.92 Million | 16.78% |
| Other Components | CN¥849.06 Million | 52.01% |
| Total Equity | CN¥1.63 Billion | 100.00% |
Sichuan Kexin Mechanic Electric Competitors by Market Cap
The table below lists competitors of Sichuan Kexin Mechanic Electric ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Shenda Co Ltd
SHG:600626
|
$353.38 Million |
|
Shanghai Yimin Commerce Group Co Ltd
SHG:600824
|
$353.40 Million |
|
Binh Duong Water Environment JSC
VN:BWE
|
$353.45 Million |
|
Lightbridge Corp
NASDAQ:LTBR
|
$353.47 Million |
|
Guangzhou Anyka Microelectronics Co. Ltd. A
SHG:688620
|
$353.08 Million |
|
GH Research PLC
NASDAQ:GHRS
|
$353.01 Million |
|
Pegavision
TW:6491
|
$352.97 Million |
|
WAORF
PINK:WAORF
|
$352.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Kexin Mechanic Electric's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,522,952,296 to 1,632,409,831, a change of 109,457,535 (7.2%).
- Net income of 169,290,391 contributed positively to equity growth.
- Dividend payments of 63,002,352 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥169.29 Million | +10.37% |
| Dividends Paid | CN¥63.00 Million | -3.86% |
| Other Changes | CN¥3.17 Million | +0.19% |
| Total Change | CN¥- | 7.19% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Kexin Mechanic Electric'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: 2.76x
- 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 34.50x to 2.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.48 | CN¥16.44 | x |
| 2008-12-31 | CN¥0.61 | CN¥16.44 | x |
| 2009-12-31 | CN¥0.82 | CN¥16.44 | x |
| 2010-12-31 | CN¥2.67 | CN¥16.44 | x |
| 2011-12-31 | CN¥2.38 | CN¥16.44 | x |
| 2012-12-31 | CN¥2.32 | CN¥16.44 | x |
| 2013-12-31 | CN¥2.21 | CN¥16.44 | x |
| 2014-12-31 | CN¥2.37 | CN¥16.44 | x |
| 2015-12-31 | CN¥2.07 | CN¥16.44 | x |
| 2016-12-31 | CN¥2.23 | CN¥16.44 | x |
| 2017-12-31 | CN¥2.33 | CN¥16.44 | x |
| 2018-12-31 | CN¥2.37 | CN¥16.44 | x |
| 2019-12-31 | CN¥2.55 | CN¥16.44 | x |
| 2020-12-31 | CN¥2.83 | CN¥16.44 | x |
| 2021-12-31 | CN¥3.19 | CN¥16.44 | x |
| 2022-12-31 | CN¥3.66 | CN¥16.44 | x |
| 2023-12-31 | CN¥5.71 | CN¥16.44 | x |
| 2024-12-31 | CN¥5.96 | CN¥16.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Kexin Mechanic Electric 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): 10.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.93%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.44x
- Recent ROE (10.37%) is above the historical average (9.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 30.61% | 21.53% | 0.82x | 1.73x | CN¥16.33 Million |
| 2008 | 34.66% | 20.46% | 0.79x | 2.15x | CN¥25.08 Million |
| 2009 | 26.30% | 20.22% | 0.75x | 1.74x | CN¥22.91 Million |
| 2010 | 6.29% | 16.71% | 0.32x | 1.17x | CN¥-19.28 Million |
| 2011 | 4.87% | 12.31% | 0.32x | 1.24x | CN¥-28.00 Million |
| 2012 | 1.04% | 3.32% | 0.22x | 1.43x | CN¥-48.55 Million |
| 2013 | -5.79% | -12.86% | 0.29x | 1.55x | CN¥-79.28 Million |
| 2014 | 2.11% | 3.47% | 0.41x | 1.49x | CN¥-40.38 Million |
| 2015 | -8.70% | -17.42% | 0.35x | 1.43x | CN¥-88.08 Million |
| 2016 | 6.19% | 8.52% | 0.54x | 1.36x | CN¥-19.63 Million |
| 2017 | 1.09% | 1.79% | 0.48x | 1.28x | CN¥-48.68 Million |
| 2018 | 1.24% | 1.44% | 0.58x | 1.49x | CN¥-48.14 Million |
| 2019 | 7.41% | 7.36% | 0.60x | 1.68x | CN¥-15.28 Million |
| 2020 | 12.19% | 10.88% | 0.62x | 1.80x | CN¥14.37 Million |
| 2021 | 12.66% | 9.86% | 0.68x | 1.88x | CN¥19.62 Million |
| 2022 | 14.31% | 11.27% | 0.59x | 2.15x | CN¥36.50 Million |
| 2023 | 10.74% | 10.92% | 0.63x | 1.57x | CN¥11.21 Million |
| 2024 | 10.37% | 13.93% | 0.52x | 1.44x | CN¥6.05 Million |
Industry Comparison
This section compares Sichuan Kexin Mechanic Electric'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 |
|---|---|---|---|---|
| Sichuan Kexin Mechanic Electric (300092) | CN¥1.62 Billion | 30.61% | 0.41x | $353.13 Million |
| 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 |