Sichuan Kexin Mechanic Electric (300092) - Net Assets
Based on the latest financial reports, Sichuan Kexin Mechanic Electric (300092) has net assets worth CN¥1.66 Billion CNY (≈ $242.81 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¥2.21 Billion ≈ $323.12 Million USD) and total liabilities (CN¥548.79 Million ≈ $80.31 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 Sichuan Kexin Mechanic Electric tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.66 Billion |
| % of Total Assets | 75.15% |
| Annual Growth Rate | 18.12% |
| 5-Year Change | 119.49% |
| 10-Year Change | 218.33% |
| Growth Volatility | 62.12 |
Sichuan Kexin Mechanic Electric - Net Assets Trend (2007–2025)
This chart illustrates how Sichuan Kexin Mechanic Electric's net assets have evolved over time, based on quarterly financial data. See Sichuan Kexin Mechanic Electric (300092) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sichuan Kexin Mechanic Electric (2007–2025)
The table below shows the annual net assets of Sichuan Kexin Mechanic Electric from 2007 to 2025. For live valuation and market cap data, see Sichuan Kexin Mechanic Electric (300092) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.64 Billion ≈ $240.00 Million |
+0.47% |
| 2024-12-31 | CN¥1.63 Billion ≈ $238.87 Million |
+7.19% |
| 2023-12-31 | CN¥1.52 Billion ≈ $222.86 Million |
+79.75% |
| 2022-12-31 | CN¥847.25 Million ≈ $123.98 Million |
+13.39% |
| 2021-12-31 | CN¥747.22 Million ≈ $109.34 Million |
+12.19% |
| 2020-12-31 | CN¥666.05 Million ≈ $97.46 Million |
+10.87% |
| 2019-12-31 | CN¥600.72 Million ≈ $87.90 Million |
+9.27% |
| 2018-12-31 | CN¥549.75 Million ≈ $80.45 Million |
+0.56% |
| 2017-12-31 | CN¥546.67 Million ≈ $80.00 Million |
+6.11% |
| 2016-12-31 | CN¥515.21 Million ≈ $75.39 Million |
+8.95% |
| 2015-12-31 | CN¥472.88 Million ≈ $69.20 Million |
-9.70% |
| 2014-12-31 | CN¥523.67 Million ≈ $76.63 Million |
+1.10% |
| 2013-12-31 | CN¥517.99 Million ≈ $75.80 Million |
-6.75% |
| 2012-12-31 | CN¥555.48 Million ≈ $81.28 Million |
-0.96% |
| 2011-12-31 | CN¥560.84 Million ≈ $82.07 Million |
+8.00% |
| 2010-12-31 | CN¥519.31 Million ≈ $75.99 Million |
+269.31% |
| 2009-12-31 | CN¥140.62 Million ≈ $20.58 Million |
+38.25% |
| 2008-12-31 | CN¥101.71 Million ≈ $14.88 Million |
+24.30% |
| 2007-12-31 | CN¥81.82 Million ≈ $11.97 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 966.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥500.04 Million | 30.62% |
| Other Components | CN¥1.13 Billion | 69.38% |
| 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 |
|---|---|
|
Greenlight Capital Re Ltd
NASDAQ:GLRE
|
$513.08 Million |
|
Korea Electric Terminal
KO:025540
|
$513.42 Million |
|
MIDEA REAL HLDG HD 1
F:MR9
|
$513.51 Million |
|
SFA Engineering Corporation
KQ:056190
|
$513.64 Million |
|
OPTHEA LTD (SP.ADR/8)
F:UKJ2
|
$512.99 Million |
|
Wuhan Thalys Med Tech Co Ltd
SHG:603716
|
$512.79 Million |
|
Zhejiang Huakang Pharmaceutical Co Ltd
SHG:605077
|
$512.64 Million |
|
Hefei Lifeon Pharmaceutical Co Ltd
SHE:003020
|
$512.62 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 2024 to 2025, total equity changed from 1,632,409,831 to 1,633,009,661, a change of 599,830 (0.0%).
- Net income of 64,017,706 contributed positively to equity growth.
- Dividend payments of 65,193,736 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥64.02 Million | +3.92% |
| Dividends Paid | CN¥65.19 Million | -3.99% |
| Other Changes | CN¥1.78 Million | +0.11% |
| Total Change | CN¥- | 0.04% |
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: 2.15x
- 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 26.86x to 2.15x 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¥12.80 | x |
| 2008-12-31 | CN¥0.61 | CN¥12.80 | x |
| 2009-12-31 | CN¥0.82 | CN¥12.80 | x |
| 2010-12-31 | CN¥2.67 | CN¥12.80 | x |
| 2011-12-31 | CN¥2.38 | CN¥12.80 | x |
| 2012-12-31 | CN¥2.38 | CN¥12.80 | x |
| 2013-12-31 | CN¥2.21 | CN¥12.80 | x |
| 2014-12-31 | CN¥2.37 | CN¥12.80 | x |
| 2015-12-31 | CN¥2.07 | CN¥12.80 | x |
| 2016-12-31 | CN¥2.23 | CN¥12.80 | x |
| 2017-12-31 | CN¥2.33 | CN¥12.80 | x |
| 2018-12-31 | CN¥2.37 | CN¥12.80 | x |
| 2019-12-31 | CN¥2.55 | CN¥12.80 | x |
| 2020-12-31 | CN¥2.83 | CN¥12.80 | x |
| 2021-12-31 | CN¥3.19 | CN¥12.80 | x |
| 2022-12-31 | CN¥3.66 | CN¥12.80 | x |
| 2023-12-31 | CN¥5.71 | CN¥12.80 | x |
| 2024-12-31 | CN¥5.96 | CN¥12.80 | x |
| 2025-12-31 | CN¥5.96 | CN¥12.80 | 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): 3.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.60%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.39x
- Recent ROE (3.92%) is below the historical average (9.03%), suggesting potential challenges in 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 |
| 2025 | 3.92% | 5.60% | 0.50x | 1.39x | CN¥-99.28 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Kexin Mechanic Electric (300092) | CN¥1.66 Billion | 30.61% | 0.33x | $513.07 Million |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About 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. It provides lifting equipment, material cutting and forming equipment, metal machining, welding and auxiliary equipment, NDT equipment and chemical laboratory, and heat a… Read more