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¥1.20 Billion CNY (≈ $176.33 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¥1.61 Billion ≈ $235.12 Million USD) and total liabilities (CN¥401.79 Million ≈ $58.80 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 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.20 Billion |
| % of Total Assets | 74.99% |
| Annual Growth Rate | 13.55% |
| 5-Year Change | -28.88% |
| 10-Year Change | 74.11% |
| Growth Volatility | 55.77 |
Xiamen Red Phase Instruments Inc - Net Assets Trend (2011–2025)
This chart illustrates how Xiamen Red Phase Instruments Inc's net assets have evolved over time, based on quarterly financial data. See 300427 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xiamen Red Phase Instruments Inc (2011–2025)
The table below shows the annual net assets of Xiamen Red Phase Instruments Inc from 2011 to 2025. For live valuation and market cap data, see market cap of Xiamen Red Phase Instruments Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.20 Billion ≈ $175.80 Million |
-1.19% |
| 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 924.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.94 Billion | 162.27% |
| Total Equity | CN¥1.20 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 |
|---|---|
|
Shanghai Canature Environmental
SHE:300272
|
$521.65 Million |
|
Third Coast Bancshares, Inc.
NASDAQ:TCBX
|
$521.86 Million |
|
Datamatics Global Services Limited
NSE:DATAMATICS
|
$521.89 Million |
|
ST Barbara Ltd
AU:SBM
|
$522.16 Million |
|
HAIT.UT.INT.FIN.L. H YC 1
F:HA6
|
$521.62 Million |
|
BETTERWARE DE MEXICO SAPI
F:BM0
|
$521.41 Million |
|
Aju IB Investment Co. Ltd
KQ:027360
|
$521.32 Million |
|
Itcen Co. Ltd
KQ:124500
|
$521.30 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 2024 to 2025, total equity changed from 1,213,552,692 to 1,198,289,374, a change of -15,263,318 (-1.3%).
- Net loss of 17,912,500 reduced equity.
- Dividend payments of 854,413 reduced retained earnings.
- Other comprehensive income decreased equity by 57,076,762.
- Other factors increased equity by 60,580,357.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-17.91 Million | -1.49% |
| Dividends Paid | CN¥854.41K | -0.07% |
| Other Comprehensive Income | CN¥-57.08 Million | -4.76% |
| Other Changes | CN¥60.58 Million | +5.06% |
| Total Change | CN¥- | -1.26% |
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: 2.62x
- 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 7.33x to 2.62x 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¥7.01 | x |
| 2012-12-31 | CN¥1.14 | CN¥7.01 | x |
| 2013-12-31 | CN¥1.32 | CN¥7.01 | x |
| 2014-12-31 | CN¥1.52 | CN¥7.01 | x |
| 2015-12-31 | CN¥2.07 | CN¥7.01 | x |
| 2016-12-31 | CN¥2.19 | CN¥7.01 | x |
| 2017-12-31 | CN¥6.03 | CN¥7.01 | x |
| 2018-12-31 | CN¥5.88 | CN¥7.01 | x |
| 2019-12-31 | CN¥6.28 | CN¥7.01 | x |
| 2020-12-31 | CN¥6.69 | CN¥7.01 | x |
| 2021-12-31 | CN¥4.70 | CN¥7.01 | x |
| 2022-12-31 | CN¥4.54 | CN¥7.01 | x |
| 2023-12-31 | CN¥2.65 | CN¥7.01 | x |
| 2024-12-31 | CN¥3.15 | CN¥7.01 | x |
| 2025-12-31 | CN¥2.68 | CN¥7.01 | 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): -1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.43%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.36x
- Recent ROE (-1.49%) is below the historical average (2.17%), 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% | 22.26% | 0.72x | 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 | -36.14% | -44.40% | 0.35x | 2.30x | CN¥-781.15 Million |
| 2022 | 4.57% | 4.68% | 0.38x | 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 |
| 2025 | -1.49% | -2.43% | 0.45x | 1.36x | CN¥-137.74 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: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Red Phase Instruments Inc (300427) | CN¥1.20 Billion | 23.19% | 0.33x | $521.63 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 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