Nanjing Baose Co Ltd (300402) - Net Assets
Based on the latest financial reports, Nanjing Baose Co Ltd (300402) has net assets worth CN¥1.50 Billion CNY (≈ $219.26 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¥2.42 Billion ≈ $354.72 Million USD) and total liabilities (CN¥925.74 Million ≈ $135.46 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. Read total liabilities of Nanjing Baose Co Ltd for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.50 Billion |
| % of Total Assets | 61.81% |
| Annual Growth Rate | 12.24% |
| 5-Year Change | 114.39% |
| 10-Year Change | 109.76% |
| Growth Volatility | 28.45 |
Nanjing Baose Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Nanjing Baose Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300402 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Nanjing Baose Co Ltd (2008–2024)
The table below shows the annual net assets of Nanjing Baose Co Ltd from 2008 to 2024. For live valuation and market cap data, see Nanjing Baose Co Ltd (300402) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.46 Billion ≈ $213.89 Million |
+3.21% |
| 2023-12-31 | CN¥1.42 Billion ≈ $207.24 Million |
+110.17% |
| 2022-12-31 | CN¥673.86 Million ≈ $98.61 Million |
+6.34% |
| 2021-12-31 | CN¥633.69 Million ≈ $92.73 Million |
-7.05% |
| 2020-12-31 | CN¥681.77 Million ≈ $99.77 Million |
+5.28% |
| 2019-12-31 | CN¥647.58 Million ≈ $94.76 Million |
+4.77% |
| 2018-12-31 | CN¥618.13 Million ≈ $90.45 Million |
+2.05% |
| 2017-12-31 | CN¥605.71 Million ≈ $88.63 Million |
+1.77% |
| 2016-12-31 | CN¥595.17 Million ≈ $87.09 Million |
-14.59% |
| 2015-12-31 | CN¥696.81 Million ≈ $101.96 Million |
-0.62% |
| 2014-12-31 | CN¥701.12 Million ≈ $102.60 Million |
+54.01% |
| 2013-12-31 | CN¥455.24 Million ≈ $66.62 Million |
+14.42% |
| 2012-12-31 | CN¥397.86 Million ≈ $58.22 Million |
+16.18% |
| 2011-12-31 | CN¥342.46 Million ≈ $50.11 Million |
+11.70% |
| 2010-12-31 | CN¥306.58 Million ≈ $44.86 Million |
+15.80% |
| 2009-12-31 | CN¥264.75 Million ≈ $38.74 Million |
+14.87% |
| 2008-12-31 | CN¥230.47 Million ≈ $33.72 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing Baose 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 22509.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥258.92 Million | 17.71% |
| Common Stock | CN¥243.62 Million | 16.67% |
| Other Comprehensive Income | CN¥71.01 Million | 4.86% |
| Other Components | CN¥888.10 Million | 60.76% |
| Total Equity | CN¥1.46 Billion | 100.00% |
Nanjing Baose Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Baose Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tipco Asphalt Public Company Limited
BK:TASCO
|
$664.15 Million |
|
Lao Feng Xiang Co Ltd B
SHG:900905
|
$664.17 Million |
|
HANA Micron Inc
KQ:067310
|
$664.53 Million |
|
AmRest Holdings SE
MC:EAT
|
$664.65 Million |
|
Nuveen Churchill Direct Lending Corp.
NYSE:NCDL
|
$663.76 Million |
|
Yes Optoelectronics Co Ltd Class A
SHE:002952
|
$663.73 Million |
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
|
$663.33 Million |
|
TPG RE Finance Trust Inc
NYSE:TRTX
|
$663.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Baose Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,416,231,397 to 1,461,650,891, a change of 45,419,494 (3.2%).
- Net income of 68,398,470 contributed positively to equity growth.
- Dividend payments of 32,614,958 reduced retained earnings.
- Other comprehensive income increased equity by 71,009,119.
- Other factors decreased equity by 61,373,137.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥68.40 Million | +4.68% |
| Dividends Paid | CN¥32.61 Million | -2.23% |
| Other Comprehensive Income | CN¥71.01 Million | +4.86% |
| Other Changes | CN¥-61.37 Million | -4.2% |
| Total Change | CN¥- | 3.21% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Baose 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: 3.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.48x to 3.07x 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¥1.60 | CN¥18.39 | x |
| 2009-12-31 | CN¥1.78 | CN¥18.39 | x |
| 2010-12-31 | CN¥2.05 | CN¥18.39 | x |
| 2011-12-31 | CN¥2.27 | CN¥18.39 | x |
| 2012-12-31 | CN¥2.66 | CN¥18.39 | x |
| 2013-12-31 | CN¥3.01 | CN¥18.39 | x |
| 2014-12-31 | CN¥4.25 | CN¥18.39 | x |
| 2015-12-31 | CN¥3.34 | CN¥18.39 | x |
| 2016-12-31 | CN¥2.93 | CN¥18.39 | x |
| 2017-12-31 | CN¥2.87 | CN¥18.39 | x |
| 2018-12-31 | CN¥2.96 | CN¥18.39 | x |
| 2019-12-31 | CN¥3.21 | CN¥18.39 | x |
| 2020-12-31 | CN¥3.38 | CN¥18.39 | x |
| 2021-12-31 | CN¥3.14 | CN¥18.39 | x |
| 2022-12-31 | CN¥3.34 | CN¥18.39 | x |
| 2023-12-31 | CN¥6.46 | CN¥18.39 | x |
| 2024-12-31 | CN¥6.00 | CN¥18.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Baose 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): 4.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.01%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.65x
- Recent ROE (4.68%) is below the historical average (6.54%), 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 | 9.37% | 3.16% | 0.84x | 3.54x | CN¥-1.46 Million |
| 2009 | 12.95% | 4.94% | 0.74x | 3.54x | CN¥7.80 Million |
| 2010 | 13.64% | 7.04% | 0.60x | 3.25x | CN¥11.17 Million |
| 2011 | 16.32% | 7.24% | 0.67x | 3.34x | CN¥21.64 Million |
| 2012 | 13.92% | 7.51% | 0.65x | 2.87x | CN¥15.61 Million |
| 2013 | 12.60% | 7.27% | 0.65x | 2.67x | CN¥11.86 Million |
| 2014 | 6.59% | 6.72% | 0.45x | 2.16x | CN¥-23.91 Million |
| 2015 | 0.60% | 0.62% | 0.44x | 2.18x | CN¥-65.51 Million |
| 2016 | -16.74% | -39.45% | 0.19x | 2.23x | CN¥-159.13 Million |
| 2017 | 1.74% | 2.39% | 0.34x | 2.13x | CN¥-50.03 Million |
| 2018 | 2.37% | 2.05% | 0.48x | 2.42x | CN¥-47.18 Million |
| 2019 | 5.33% | 3.76% | 0.53x | 2.65x | CN¥-30.25 Million |
| 2020 | 5.93% | 3.70% | 0.63x | 2.53x | CN¥-27.72 Million |
| 2021 | 8.35% | 4.21% | 0.67x | 2.94x | CN¥-10.45 Million |
| 2022 | 8.94% | 4.28% | 0.66x | 3.17x | CN¥-7.13 Million |
| 2023 | 4.53% | 3.76% | 0.66x | 1.83x | CN¥-77.50 Million |
| 2024 | 4.68% | 4.01% | 0.71x | 1.65x | CN¥-77.77 Million |
Industry Comparison
This section compares Nanjing Baose 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 |
|---|---|---|---|---|
| Nanjing Baose Co Ltd (300402) | CN¥1.50 Billion | 9.37% | 0.62x | $664.12 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 Nanjing Baose Co Ltd
Nanjing Baose Co., Ltd. engages in the research and development, design, manufacture, and installation of special material pressure vessels and pipe fittings of titanium, zirconium, nickel, tantalum, and stainless steel in China. It offers reactors, condensers, towers, crystallizers and supporting special material pipes and fittings for super-large PTA units, as well as heat exchangers and reacto… Read more