Foshan Golden Milky Way Intelligent Equipment Co Ltd
Foshan Golden Milky Way Intelligent Equipment Co., Ltd. engages in the research, development, design, manufacture, and sale of automated production equipment for organic silicon polymer compound and lithium battery manufacturers in China and internationally. It offers energy equipment and chemical material equipment, including lithium battery continuous pulping equipment; silicone materials, such… Read more
Foshan Golden Milky Way Intelligent Equipment Co Ltd (300619) - Net Assets
Latest net assets as of September 2025: CN¥1.69 Billion CNY
Based on the latest financial reports, Foshan Golden Milky Way Intelligent Equipment Co Ltd (300619) has net assets worth CN¥1.69 Billion CNY 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) and total liabilities (CN¥2.78 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.69 Billion |
| % of Total Assets | 37.8% |
| Annual Growth Rate | 31.3% |
| 5-Year Change | 215.22% |
| 10-Year Change | 893.9% |
| Growth Volatility | 32.73 |
Foshan Golden Milky Way Intelligent Equipment Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Foshan Golden Milky Way Intelligent Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Foshan Golden Milky Way Intelligent Equipment Co Ltd (2011–2024)
The table below shows the annual net assets of Foshan Golden Milky Way Intelligent Equipment Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.66 Billion | -3.40% |
| 2023-12-31 | CN¥1.72 Billion | +81.01% |
| 2022-12-31 | CN¥949.37 Million | +32.21% |
| 2021-12-31 | CN¥718.08 Million | +36.35% |
| 2020-12-31 | CN¥526.64 Million | +7.24% |
| 2019-12-31 | CN¥491.11 Million | +7.40% |
| 2018-12-31 | CN¥457.28 Million | +9.69% |
| 2017-12-31 | CN¥416.87 Million | +103.47% |
| 2016-12-31 | CN¥204.88 Million | +22.66% |
| 2015-12-31 | CN¥167.03 Million | +12.19% |
| 2014-12-31 | CN¥148.88 Million | +15.73% |
| 2013-12-31 | CN¥128.64 Million | +82.88% |
| 2012-12-31 | CN¥70.34 Million | +46.13% |
| 2011-12-31 | CN¥48.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foshan Golden Milky Way Intelligent Equipment 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 1361.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥254.21 Million | 16.36% |
| Common Stock | CN¥133.85 Million | 8.61% |
| Other Comprehensive Income | CN¥75.31 Million | 4.85% |
| Other Components | CN¥1.09 Billion | 70.18% |
| Total Equity | CN¥1.55 Billion | 100.00% |
Foshan Golden Milky Way Intelligent Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Foshan Golden Milky Way Intelligent Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wiscom System Co Ltd
SHE:002090
|
$607.71 Million |
|
Hunan New Wellful Co Ltd
SHG:600975
|
$607.92 Million |
|
Salfacorp
SN:SALFACORP
|
$607.92 Million |
|
Xvivo Perfusion AB (publ)
PINK:XVIPF
|
$607.94 Million |
|
Hexaware Technologies Limited
NSE:HEXT
|
$607.58 Million |
|
EFORT Intelligent Equipment Co Ltd
SHG:688165
|
$607.50 Million |
|
Hoist Finance AB
ST:HOFI
|
$607.39 Million |
|
Sercomm Corp
TW:5388
|
$607.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foshan Golden Milky Way Intelligent Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,667,026,882 to 1,553,834,897, a change of -113,191,985 (-6.8%).
- Net loss of 80,714,517 reduced equity.
- Dividend payments of 89,816,051 reduced retained earnings.
- Other comprehensive income decreased equity by 551,653.
- Other factors increased equity by 57,890,236.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-80.71 Million | -5.19% |
| Dividends Paid | CN¥89.82 Million | -5.78% |
| Other Comprehensive Income | CN¥-551.65K | -0.04% |
| Other Changes | CN¥57.89 Million | +3.73% |
| Total Change | CN¥- | -6.79% |
Book Value vs Market Value Analysis
This analysis compares Foshan Golden Milky Way Intelligent Equipment 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: 3.60x
- 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 44.87x to 3.60x 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¥0.93 | CN¥41.81 | x |
| 2012-12-31 | CN¥1.36 | CN¥41.81 | x |
| 2013-12-31 | CN¥2.49 | CN¥41.81 | x |
| 2014-12-31 | CN¥2.65 | CN¥41.81 | x |
| 2015-12-31 | CN¥3.00 | CN¥41.81 | x |
| 2016-12-31 | CN¥3.66 | CN¥41.81 | x |
| 2017-12-31 | CN¥5.79 | CN¥41.81 | x |
| 2018-12-31 | CN¥6.12 | CN¥41.81 | x |
| 2019-12-31 | CN¥6.58 | CN¥41.81 | x |
| 2020-12-31 | CN¥7.05 | CN¥41.81 | x |
| 2021-12-31 | CN¥9.52 | CN¥41.81 | x |
| 2022-12-31 | CN¥10.33 | CN¥41.81 | x |
| 2023-12-31 | CN¥14.32 | CN¥41.81 | x |
| 2024-12-31 | CN¥11.61 | CN¥41.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foshan Golden Milky Way Intelligent Equipment 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): -5.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.35%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.71x
- Recent ROE (-5.19%) is below the historical average (12.98%), 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 | 31.06% | 14.81% | 1.16x | 1.81x | CN¥10.14 Million |
| 2012 | 31.08% | 16.79% | 0.80x | 2.33x | CN¥14.83 Million |
| 2013 | 21.69% | 17.92% | 0.64x | 1.90x | CN¥15.03 Million |
| 2014 | 18.14% | 16.47% | 0.60x | 1.84x | CN¥12.12 Million |
| 2015 | 14.33% | 13.24% | 0.53x | 2.03x | CN¥7.24 Million |
| 2016 | 21.04% | 14.73% | 0.68x | 2.11x | CN¥22.63 Million |
| 2017 | 11.39% | 9.69% | 0.61x | 1.93x | CN¥5.79 Million |
| 2018 | 10.14% | 7.22% | 0.62x | 2.25x | CN¥640.50K |
| 2019 | 8.45% | 6.92% | 0.54x | 2.26x | CN¥-7.62 Million |
| 2020 | 2.42% | 2.14% | 0.40x | 2.79x | CN¥-39.92 Million |
| 2021 | 4.18% | 2.61% | 0.54x | 2.98x | CN¥-41.77 Million |
| 2022 | 7.29% | 3.66% | 0.57x | 3.53x | CN¥-24.73 Million |
| 2023 | 5.62% | 4.16% | 0.49x | 2.76x | CN¥-72.99 Million |
| 2024 | -5.19% | -5.35% | 0.36x | 2.71x | CN¥-236.10 Million |
Industry Comparison
This section compares Foshan Golden Milky Way Intelligent Equipment 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foshan Golden Milky Way Intelligent Equipment Co Ltd (300619) | CN¥1.69 Billion | 31.06% | 1.65x | $607.64 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |