Chengdu ALD Aviation Manufacturing Corp
Chengdu ALD Aviation Manufacturing Corporation, together with its subsidiary, Chengdu Tangan Aviation Manufacturing Co., Ltd., researches, designs, develops, manufactures and sells military and civil aircraft parts, aero-engine parts, and aerospace large structural parts in China. The company also offers precision machining parts; special process products; assembly parts, such as bush, bearing an… Read more
Chengdu ALD Aviation Manufacturing Corp (300696) - Net Assets
Latest net assets as of September 2025: CN¥1.91 Billion CNY
Based on the latest financial reports, Chengdu ALD Aviation Manufacturing Corp (300696) has net assets worth CN¥1.91 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¥2.18 Billion) and total liabilities (CN¥274.31 Million). 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¥1.91 Billion |
| % of Total Assets | 87.43% |
| Annual Growth Rate | 26.85% |
| 5-Year Change | 92.74% |
| 10-Year Change | 701.35% |
| Growth Volatility | 41.59 |
Chengdu ALD Aviation Manufacturing Corp - Net Assets Trend (2013–2024)
This chart illustrates how Chengdu ALD Aviation Manufacturing Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chengdu ALD Aviation Manufacturing Corp (2013–2024)
The table below shows the annual net assets of Chengdu ALD Aviation Manufacturing Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.85 Billion | -1.89% |
| 2023-12-31 | CN¥1.89 Billion | +0.62% |
| 2022-12-31 | CN¥1.88 Billion | +10.21% |
| 2021-12-31 | CN¥1.70 Billion | +77.16% |
| 2020-12-31 | CN¥961.43 Million | +13.90% |
| 2019-12-31 | CN¥844.09 Million | +12.74% |
| 2018-12-31 | CN¥748.73 Million | +7.17% |
| 2017-12-31 | CN¥698.61 Million | +144.40% |
| 2016-12-31 | CN¥285.85 Million | +23.62% |
| 2015-12-31 | CN¥231.24 Million | +44.72% |
| 2014-12-31 | CN¥159.79 Million | +18.02% |
| 2013-12-31 | CN¥135.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chengdu ALD Aviation Manufacturing Corp'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 1497.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥613.68 Million | 33.44% |
| Common Stock | CN¥293.15 Million | 15.98% |
| Other Components | CN¥928.12 Million | 50.58% |
| Total Equity | CN¥1.83 Billion | 100.00% |
Chengdu ALD Aviation Manufacturing Corp Competitors by Market Cap
The table below lists competitors of Chengdu ALD Aviation Manufacturing Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banque Cantonale de Geneve
SW:BCGE
|
$825.51 Million |
|
LGI Homes
NASDAQ:LGIH
|
$825.54 Million |
|
Safehold Inc
NYSE:SAFE
|
$825.56 Million |
|
SEIREN CO. LTD
F:1AB
|
$825.60 Million |
|
Pan Jit International Inc
TW:2481
|
$824.61 Million |
|
The RealReal Inc
F:6RR
|
$824.16 Million |
|
Pfizer Limited
NSE:PFIZER
|
$823.98 Million |
|
Hubei Tech Semiconductors Co
SHE:300046
|
$823.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu ALD Aviation Manufacturing Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,888,786,602 to 1,834,958,082, a change of -53,828,520 (-2.8%).
- Net loss of 24,942,533 reduced equity.
- Dividend payments of 29,761,187 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-24.94 Million | -1.36% |
| Dividends Paid | CN¥29.76 Million | -1.62% |
| Other Changes | CN¥875.20K | +0.05% |
| Total Change | CN¥- | -2.85% |
Book Value vs Market Value Analysis
This analysis compares Chengdu ALD Aviation Manufacturing Corp'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: 4.52x
- 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 39.14x to 4.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.77 | CN¥29.95 | x |
| 2014-12-31 | CN¥0.82 | CN¥29.95 | x |
| 2015-12-31 | CN¥1.18 | CN¥29.95 | x |
| 2016-12-31 | CN¥1.39 | CN¥29.95 | x |
| 2017-12-31 | CN¥2.55 | CN¥29.95 | x |
| 2018-12-31 | CN¥2.71 | CN¥29.95 | x |
| 2019-12-31 | CN¥3.03 | CN¥29.95 | x |
| 2020-12-31 | CN¥3.45 | CN¥29.95 | x |
| 2021-12-31 | CN¥6.01 | CN¥29.95 | x |
| 2022-12-31 | CN¥6.40 | CN¥29.95 | x |
| 2023-12-31 | CN¥6.31 | CN¥29.95 | x |
| 2024-12-31 | CN¥6.62 | CN¥29.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu ALD Aviation Manufacturing Corp 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): -1.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.28%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.14x
- Recent ROE (-1.36%) is below the historical average (12.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.14% | 43.40% | 0.25x | 1.19x | CN¥4.25 Million |
| 2014 | 21.19% | 52.09% | 0.37x | 1.10x | CN¥17.87 Million |
| 2015 | 21.79% | 48.04% | 0.41x | 1.11x | CN¥27.27 Million |
| 2016 | 23.85% | 57.33% | 0.33x | 1.26x | CN¥39.60 Million |
| 2017 | 10.54% | 54.15% | 0.18x | 1.10x | CN¥3.78 Million |
| 2018 | 9.15% | 53.44% | 0.15x | 1.10x | CN¥-6.39 Million |
| 2019 | 9.25% | 42.37% | 0.20x | 1.10x | CN¥-6.36 Million |
| 2020 | 14.22% | 45.02% | 0.28x | 1.15x | CN¥40.62 Million |
| 2021 | 14.97% | 41.53% | 0.32x | 1.12x | CN¥84.69 Million |
| 2022 | 11.33% | 37.89% | 0.26x | 1.14x | CN¥24.91 Million |
| 2023 | 3.65% | 19.69% | 0.16x | 1.16x | CN¥-120.02 Million |
| 2024 | -1.36% | -8.28% | 0.14x | 1.14x | CN¥-208.44 Million |
Industry Comparison
This section compares Chengdu ALD Aviation Manufacturing Corp's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,905,739,972
- Average return on equity (ROE) among peers: 11.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu ALD Aviation Manufacturing Corp (300696) | CN¥1.91 Billion | 13.14% | 0.14x | $825.06 Million |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $102.23 Million | 20.95% | 1.61x | $576.57 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $5.67 Billion | 4.58% | 0.28x | $1.93 Billion |
| Zhejiang XiaSha Precision (001316) | $476.25 Million | 27.15% | 0.22x | $218.15 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $175.19 Million | 19.07% | 0.67x | $850.82 Million |
| Aerospace CH UAV Co Ltd (002389) | $6.37 Billion | 3.80% | 0.25x | $1.81 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.62 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.43 Billion | -4.03% | 0.22x | $429.19 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $910.30 Million | 16.48% | 0.19x | $833.21 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $421.86 Million | 7.68% | 1.25x | $416.06 Million |
| Bestway Marine & Energy Technology Co Ltd (300008) | $2.90 Billion | 5.59% | 0.31x | $1.63 Billion |