Xiamen Red Phase Instruments Inc (300427) - Net Assets
Based on the latest financial reports, Xiamen Red Phase Instruments Inc (300427) has net assets worth CN¥1.28 Billion CNY (≈ $187.70 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¥1.75 Billion ≈ $255.76 Million USD) and total liabilities (CN¥465.11 Million ≈ $68.06 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 300427 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.28 Billion |
| % of Total Assets | 73.39% |
| Annual Growth Rate | 14.77% |
| 5-Year Change | -48.87% |
| 10-Year Change | 92.84% |
| Growth Volatility | 57.46 |
Xiamen Red Phase Instruments Inc - Net Assets Trend (2011–2024)
This chart illustrates how Xiamen Red Phase Instruments Inc's net assets have evolved over time, based on quarterly financial data. Also explore Xiamen Red Phase Instruments Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Xiamen Red Phase Instruments Inc (2011–2024)
The table below shows the annual net assets of Xiamen Red Phase Instruments Inc from 2011 to 2024. For live valuation and market cap data, see market cap of Xiamen Red Phase Instruments Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion ≈ $177.93 Million |
+26.47% |
| 2023-12-31 | CN¥961.42 Million ≈ $140.69 Million |
-42.53% |
| 2022-12-31 | CN¥1.67 Billion ≈ $244.80 Million |
-0.97% |
| 2021-12-31 | CN¥1.69 Billion ≈ $247.19 Million |
-28.97% |
| 2020-12-31 | CN¥2.38 Billion ≈ $348.01 Million |
+1.40% |
| 2019-12-31 | CN¥2.35 Billion ≈ $343.20 Million |
+4.75% |
| 2018-12-31 | CN¥2.24 Billion ≈ $327.64 Million |
+10.82% |
| 2017-12-31 | CN¥2.02 Billion ≈ $295.65 Million |
+192.81% |
| 2016-12-31 | CN¥690.02 Million ≈ $100.97 Million |
+9.44% |
| 2015-12-31 | CN¥630.52 Million ≈ $92.27 Million |
+95.62% |
| 2014-12-31 | CN¥322.31 Million ≈ $47.16 Million |
+14.78% |
| 2013-12-31 | CN¥280.80 Million ≈ $41.09 Million |
+15.63% |
| 2012-12-31 | CN¥242.85 Million ≈ $35.54 Million |
+19.74% |
| 2011-12-31 | CN¥202.82 Million ≈ $29.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xiamen Red Phase Instruments Inc'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 decreased by 903.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥508.52 Million | 41.90% |
| Other Comprehensive Income | CN¥57.08 Million | 4.70% |
| Other Components | CN¥1.37 Billion | 113.29% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Xiamen Red Phase Instruments Inc Competitors by Market Cap
The table below lists competitors of Xiamen Red Phase Instruments Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DoubleU Games Co Ltd
KO:192080
|
$810.48 Million |
|
Guizhou Guihang Automotive Components Co Ltd
SHG:600523
|
$810.54 Million |
|
Jilin Expressway Co Ltd
SHG:601518
|
$810.58 Million |
|
SLR Investment Corp
NASDAQ:SLRC
|
$810.68 Million |
|
PolyPeptide Group AG
SW:PPGN
|
$810.06 Million |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
$810.03 Million |
|
Guangdong Fangyuan Environment Co. Ltd. A
SHG:688148
|
$810.00 Million |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
$809.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Red Phase Instruments Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 957,348,109 to 1,213,552,692, a change of 256,204,583 (26.8%).
- Net loss of 353,066,070 reduced equity.
- Dividend payments of 20,222,876 reduced retained earnings.
- Other comprehensive income increased equity by 57,076,762.
- Other factors increased equity by 572,416,767.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-353.07 Million | -29.09% |
| Dividends Paid | CN¥20.22 Million | -1.67% |
| Other Comprehensive Income | CN¥57.08 Million | +4.7% |
| Other Changes | CN¥572.42 Million | +47.17% |
| Total Change | CN¥- | 26.76% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Red Phase Instruments Inc'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: 3.46x
- 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 11.38x to 3.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.96 | CN¥10.89 | x |
| 2012-12-31 | CN¥1.14 | CN¥10.89 | x |
| 2013-12-31 | CN¥1.32 | CN¥10.89 | x |
| 2014-12-31 | CN¥1.52 | CN¥10.89 | x |
| 2015-12-31 | CN¥2.07 | CN¥10.89 | x |
| 2016-12-31 | CN¥2.19 | CN¥10.89 | x |
| 2017-12-31 | CN¥6.03 | CN¥10.89 | x |
| 2018-12-31 | CN¥5.88 | CN¥10.89 | x |
| 2019-12-31 | CN¥6.28 | CN¥10.89 | x |
| 2020-12-31 | CN¥6.69 | CN¥10.89 | x |
| 2021-12-31 | CN¥4.70 | CN¥10.89 | x |
| 2022-12-31 | CN¥4.54 | CN¥10.89 | x |
| 2023-12-31 | CN¥2.65 | CN¥10.89 | x |
| 2024-12-31 | CN¥3.15 | CN¥10.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Red Phase Instruments Inc 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): -29.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -55.61%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.41x
- Recent ROE (-29.09%) is below the historical average (2.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 23.19% | 22.67% | 0.79x | 1.30x | CN¥26.75 Million |
| 2012 | 21.08% | 21.93% | 0.73x | 1.32x | CN¥26.91 Million |
| 2013 | 18.90% | 21.92% | 0.66x | 1.30x | CN¥24.99 Million |
| 2014 | 17.47% | 21.04% | 0.63x | 1.32x | CN¥24.07 Million |
| 2015 | 12.58% | 23.24% | 0.40x | 1.35x | CN¥14.54 Million |
| 2016 | 11.89% | 17.98% | 0.46x | 1.44x | CN¥11.72 Million |
| 2017 | 6.30% | 15.86% | 0.23x | 1.71x | CN¥-69.31 Million |
| 2018 | 11.05% | 17.49% | 0.36x | 1.76x | CN¥21.76 Million |
| 2019 | 10.50% | 17.51% | 0.28x | 2.15x | CN¥11.28 Million |
| 2020 | 9.72% | 15.28% | 0.31x | 2.07x | CN¥-6.68 Million |
| 2021 | -37.55% | -45.60% | 0.36x | 2.30x | CN¥-805.16 Million |
| 2022 | 4.57% | 4.63% | 0.39x | 2.55x | CN¥-90.00 Million |
| 2023 | -47.93% | -39.78% | 0.42x | 2.89x | CN¥-554.62 Million |
| 2024 | -29.09% | -55.61% | 0.37x | 1.41x | CN¥-474.42 Million |
Industry Comparison
This section compares Xiamen Red Phase Instruments Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Red Phase Instruments Inc (300427) | CN¥1.28 Billion | 23.19% | 0.36x | $810.35 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Xiamen Red Phase Instruments Inc
Red phase INC., together with its subsidiaries, provides solutions for power grid condition-based maintenance and intelligent operations in China and internationally. It operates through Power Division, New Energy Division, and Communications Division segments. The company offers power grid and generation system application products; RF components; microwave components and communication products;… Read more