Ningbo Cixing Net Assets
Ningbo Cixing net assets. Based on the latest financial reports, Ningbo Cixing (300307) has net assets worth CN¥3.29 Billion CNY (≈ $481.75 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¥4.48 Billion ≈ $655.47 Million USD) and total liabilities (CN¥1.19 Billion ≈ $173.71 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. Also explore 300307 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.29 Billion |
| % of Total Assets | 73.5% |
| Annual Growth Rate | 21.65% |
| 5-Year Change | 22.06% |
| 10-Year Change | -18.76% |
| Growth Volatility | 67.62 |
Net Assets of Ningbo Cixing (2008–2025)
Net assets of Ningbo Cixing from 2008 to 2025. This chart illustrates how Ningbo Cixing's net assets have evolved over time, based on quarterly financial data. See Ningbo Cixing net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Ningbo Cixing (2008–2025)
The table below shows the annual net assets of Ningbo Cixing from 2008 to 2025. For live market cap and overall valuation, see Ningbo Cixing market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.20 Billion ≈ $468.30 Million |
+0.16% |
| 2024-12-31 | CN¥3.20 Billion ≈ $467.54 Million |
+9.58% |
| 2023-12-31 | CN¥2.92 Billion ≈ $426.66 Million |
+7.57% |
| 2022-12-31 | CN¥2.71 Billion ≈ $396.65 Million |
+3.38% |
| 2021-12-31 | CN¥2.62 Billion ≈ $383.68 Million |
+2.76% |
| 2020-12-31 | CN¥2.55 Billion ≈ $373.37 Million |
-20.64% |
| 2019-12-31 | CN¥3.22 Billion ≈ $470.46 Million |
-20.92% |
| 2018-12-31 | CN¥4.07 Billion ≈ $594.93 Million |
-0.18% |
| 2017-12-31 | CN¥4.07 Billion ≈ $596.00 Million |
+3.39% |
| 2016-12-31 | CN¥3.94 Billion ≈ $576.45 Million |
+1.85% |
| 2015-12-31 | CN¥3.87 Billion ≈ $565.97 Million |
+3.12% |
| 2014-12-31 | CN¥3.75 Billion ≈ $548.82 Million |
-10.25% |
| 2013-12-31 | CN¥4.18 Billion ≈ $611.47 Million |
+5.06% |
| 2012-12-31 | CN¥3.98 Billion ≈ $582.05 Million |
+128.23% |
| 2011-12-31 | CN¥1.74 Billion ≈ $255.03 Million |
+110.94% |
| 2010-12-31 | CN¥826.21 Million ≈ $120.90 Million |
+230.26% |
| 2009-12-31 | CN¥250.17 Million ≈ $36.61 Million |
+118.68% |
| 2008-12-31 | CN¥114.40 Million ≈ $16.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo Cixing'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 198.8% over the analyzed period, indicating profitable operations and earnings retention.
Ningbo Cixing Net Assets Breakdown (December 2025)
Ningbo Cixing net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥88.88 Million | 2.77% |
| Other Components | CN¥3.12 Billion | 97.23% |
| Total Equity | CN¥3.21 Billion | 100.00% |
Ningbo Cixing Competitors by Market Cap
The table below lists competitors of Ningbo Cixing ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grindrod
JSE:GND
|
$977.33 Million |
|
Dividend 15 Split Corp
TO:DFN
|
$977.62 Million |
|
Shinyoung HappyTomorrow No.5 Special Purpose Acquisition Company
KQ:323280
|
$977.85 Million |
|
4DMEDICAL Ltd
AU:4DX
|
$978.43 Million |
|
Jiangsu Bojun Industrial Technology Co. Ltd
SHE:300926
|
$976.85 Million |
|
Bajaj Mobility AG
VI:BMAG
|
$976.72 Million |
|
NB Bancorp, Inc. Common Stock
NASDAQ:NBBK
|
$976.71 Million |
|
Biotest Aktiengesellschaft
XETRA:BIO
|
$976.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Cixing's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,204,927,900 to 3,207,208,615, a change of 2,280,715 (0.1%).
- Net income of 97,387,348 contributed positively to equity growth.
- Dividend payments of 80,254,147 reduced retained earnings.
- Other comprehensive income decreased equity by 422,377,136.
- Other factors increased equity by 407,524,650.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.39 Million | +3.04% |
| Dividends Paid | CN¥80.25 Million | -2.5% |
| Other Comprehensive Income | CN¥-422.38 Million | -13.17% |
| Other Changes | CN¥407.52 Million | +12.71% |
| Total Change | CN¥- | 0.07% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Cixing'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: 2.08x
- 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 14.46x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.58 | CN¥8.34 | x |
| 2009-12-31 | CN¥0.69 | CN¥8.34 | x |
| 2010-12-31 | CN¥1.21 | CN¥8.34 | x |
| 2011-12-31 | CN¥2.29 | CN¥8.34 | x |
| 2012-12-31 | CN¥5.14 | CN¥8.34 | x |
| 2013-12-31 | CN¥5.24 | CN¥8.34 | x |
| 2014-12-31 | CN¥4.63 | CN¥8.34 | x |
| 2015-12-31 | CN¥4.88 | CN¥8.34 | x |
| 2016-12-31 | CN¥4.72 | CN¥8.34 | x |
| 2017-12-31 | CN¥5.09 | CN¥8.34 | x |
| 2018-12-31 | CN¥4.99 | CN¥8.34 | x |
| 2019-12-31 | CN¥3.98 | CN¥8.34 | x |
| 2020-12-31 | CN¥3.25 | CN¥8.34 | x |
| 2021-12-31 | CN¥3.30 | CN¥8.34 | x |
| 2022-12-31 | CN¥3.62 | CN¥8.34 | x |
| 2023-12-31 | CN¥3.89 | CN¥8.34 | x |
| 2024-12-31 | CN¥4.06 | CN¥8.34 | x |
| 2025-12-31 | CN¥4.01 | CN¥8.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Cixing 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): 3.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.00%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.38x
- Recent ROE (3.04%) is below the historical average (11.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 29.47% | 11.18% | 0.70x | 3.79x | CN¥22.27 Million |
| 2009 | 53.68% | 15.86% | 1.09x | 3.10x | CN¥109.28 Million |
| 2010 | 67.10% | 24.23% | 1.02x | 2.72x | CN¥470.11 Million |
| 2011 | 52.76% | 27.63% | 1.16x | 1.65x | CN¥744.28 Million |
| 2012 | 9.54% | 17.90% | 0.47x | 1.14x | CN¥-18.25 Million |
| 2013 | 6.68% | 13.94% | 0.41x | 1.16x | CN¥-138.75 Million |
| 2014 | -9.29% | -45.59% | 0.18x | 1.15x | CN¥-722.76 Million |
| 2015 | 2.67% | 13.70% | 0.18x | 1.06x | CN¥-282.38 Million |
| 2016 | 3.18% | 11.31% | 0.23x | 1.23x | CN¥-266.97 Million |
| 2017 | 5.89% | 17.00% | 0.27x | 1.29x | CN¥-166.59 Million |
| 2018 | 3.41% | 8.16% | 0.31x | 1.36x | CN¥-266.90 Million |
| 2019 | -27.42% | -57.48% | 0.38x | 1.24x | CN¥-1.19 Billion |
| 2020 | -20.59% | -42.74% | 0.35x | 1.39x | CN¥-783.03 Million |
| 2021 | 3.33% | 4.14% | 0.53x | 1.53x | CN¥-176.58 Million |
| 2022 | 3.32% | 4.80% | 0.43x | 1.61x | CN¥-183.77 Million |
| 2023 | 3.86% | 5.61% | 0.42x | 1.62x | CN¥-181.65 Million |
| 2024 | 8.86% | 12.80% | 0.45x | 1.55x | CN¥-36.66 Million |
| 2025 | 3.04% | 5.00% | 0.44x | 1.38x | CN¥-223.33 Million |
Industry Comparison
This section compares Ningbo Cixing's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,610,457,623
- Average return on equity (ROE) among peers: -20.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Cixing (300307) | CN¥3.29 Billion | 29.47% | 0.36x | $977.00 Million |
| Huayi Compressor Co Ltd (000404) | $3.96 Billion | 2.45% | 1.52x | $646.72 Million |
| Shenyang Machine Tool Co Ltd (000410) | $347.22 Million | -208.15% | 15.00x | $2.26 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $362.41 Million | 3.17% | 0.33x | $2.79 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.21 Billion | 1.93% | 1.36x | $757.23 Million |
| Changchai Co Ltd (000570) | $2.29 Billion | 2.29% | 0.72x | $399.26 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.83 Billion | 2.42% | 1.03x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $369.61 Million | -32.34% | 1.35x | $779.79 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $544.26 Million | 41.46% | 0.41x | $823.64 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $579.69 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $873.67 Million | 7.43% | 0.68x | $1.40 Billion |
About Ningbo Cixing
Ningbo Cixing Co.,Ltd. engages in the research, development, production, and sale of knitting machinery in China and internationally. It operates through Flat Knitting Machine Business, Mobile Internet Business, Automation Equipment and Project Integration Business, and Other Businesses segments. The company offers intelligent knitting machinery and equipment; flat knitting machines, steiger, cir… Read more