Ningbo Cixing (300307) - Net Assets

Latest as of September 2025: CN¥3.25 Billion CNY ≈ $475.48 Million USD

Based on the latest financial reports, Ningbo Cixing (300307) has net assets worth CN¥3.25 Billion CNY (≈ $475.48 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¥4.46 Billion ≈ $652.35 Million USD) and total liabilities (CN¥1.21 Billion ≈ $176.87 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 Ningbo Cixing liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.25 Billion
% of Total Assets	72.89%
Annual Growth Rate	23.13%
5-Year Change	25.22%
10-Year Change	-17.39%
Growth Volatility	69.16

Ningbo Cixing - Net Assets Trend (2008–2024)

This chart illustrates how Ningbo Cixing's net assets have evolved over time, based on quarterly financial data. Also explore Ningbo Cixing asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Ningbo Cixing (2008–2024)

The table below shows the annual net assets of Ningbo Cixing from 2008 to 2024. For live valuation and market cap data, see Ningbo Cixing market cap and net worth.

Year	Net Assets	Change
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	--

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 189.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥86.18 Million	2.69%
Common Stock	CN¥794.25 Million	24.78%
Other Comprehensive Income	CN¥422.38 Million	13.18%
Other Components	CN¥1.90 Billion	59.35%
Total Equity	CN¥3.20 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
Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd. SHE:301133	$824.73 Million
HPGC Renmintongtai Pharmaceutical Corp SHG:600829	$824.80 Million
Equitas Small Finance Bank Limited NSE:EQUITASBNK	$824.89 Million
Nanjing Chemical Fibre Co Ltd SHG:600889	$825.03 Million
KSL Holdings Bhd KLSE:5038	$824.67 Million
Chengdu Huaqi Houpu Holding Co Ltd SHE:300471	$824.21 Million
Jaya Real Property Tbk JK:JRPT	$823.97 Million
Porch Group Inc NASDAQ:PRCH	$823.72 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 2023 to 2024, total equity changed from 2,957,181,133 to 3,204,927,900, a change of 247,746,767 (8.4%).
Net income of 283,836,511 contributed positively to equity growth.
Dividend payments of 81,573,555 reduced retained earnings.
Other comprehensive income increased equity by 39,530,335.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥283.84 Million	+8.86%
Dividends Paid	CN¥81.57 Million	-2.55%
Other Comprehensive Income	CN¥39.53 Million	+1.23%
Other Changes	CN¥5.95 Million	+0.19%
Total Change	CN¥-	8.38%

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: 1.73x
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 12.20x to 1.73x 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¥7.04	x
2009-12-31	CN¥0.69	CN¥7.04	x
2010-12-31	CN¥1.21	CN¥7.04	x
2011-12-31	CN¥2.29	CN¥7.04	x
2012-12-31	CN¥5.14	CN¥7.04	x
2013-12-31	CN¥5.24	CN¥7.04	x
2014-12-31	CN¥4.63	CN¥7.04	x
2015-12-31	CN¥4.88	CN¥7.04	x
2016-12-31	CN¥4.72	CN¥7.04	x
2017-12-31	CN¥5.09	CN¥7.04	x
2018-12-31	CN¥4.99	CN¥7.04	x
2019-12-31	CN¥3.98	CN¥7.04	x
2020-12-31	CN¥3.25	CN¥7.04	x
2021-12-31	CN¥3.39	CN¥7.04	x
2022-12-31	CN¥3.52	CN¥7.04	x
2023-12-31	CN¥3.89	CN¥7.04	x
2024-12-31	CN¥4.06	CN¥7.04	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): 8.86%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.80%
• Asset Turnover: 0.45x
• Equity Multiplier: 1.55x
Recent ROE (8.86%) is below the historical average (11.55%), 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

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: $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
Ningbo Cixing (300307)	CN¥3.25 Billion	29.47%	0.37x	$824.71 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 Ningbo Cixing

SHE:300307 China Specialty Industrial Machinery

Market Cap

$824.71 Million

CN¥5.64 Billion CNY

Market Cap Rank

#10003 Global

#2845 in China

Share Price

CN¥7.04

Change (1 day)

+2.03%

52-Week Range

CN¥6.20 - CN¥9.06

All Time High

CN¥17.62