Chengdu ALD Aviation Manufacturing Corp (300696) - Net Assets

Latest as of September 2025: CN¥1.91 Billion CNY ≈ $279.18 Million USD

Based on the latest financial reports, Chengdu ALD Aviation Manufacturing Corp (300696) has net assets worth CN¥1.91 Billion CNY (≈ $279.18 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¥2.18 Billion ≈ $319.32 Million USD) and total liabilities (CN¥274.31 Million ≈ $40.14 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 Chengdu ALD Aviation Manufacturing Corp (300696) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Chengdu ALD Aviation Manufacturing Corp total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Chengdu ALD Aviation Manufacturing Corp market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥1.85 Billion ≈ $271.16 Million	-1.89%
2023-12-31	CN¥1.89 Billion ≈ $276.39 Million	+0.62%
2022-12-31	CN¥1.88 Billion ≈ $274.70 Million	+10.21%
2021-12-31	CN¥1.70 Billion ≈ $249.25 Million	+77.16%
2020-12-31	CN¥961.43 Million ≈ $140.69 Million	+13.90%
2019-12-31	CN¥844.09 Million ≈ $123.52 Million	+12.74%
2018-12-31	CN¥748.73 Million ≈ $109.56 Million	+7.17%
2017-12-31	CN¥698.61 Million ≈ $102.23 Million	+144.40%
2016-12-31	CN¥285.85 Million ≈ $41.83 Million	+23.62%
2015-12-31	CN¥231.24 Million ≈ $33.84 Million	+44.72%
2014-12-31	CN¥159.79 Million ≈ $23.38 Million	+18.02%
2013-12-31	CN¥135.39 Million ≈ $19.81 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
Jiangyin Hengrun Heavy SHG:603985	$1.69 Billion
DTR Automotive KO:007340	$1.69 Billion
West China Cement Limited F:WFG1	$1.69 Billion
Wisdom Marine Lines Co Ltd TW:2637	$1.69 Billion
PagSeguro Digital Ltd NYSE:PAGS	$1.68 Billion
LMW Limited NSE:LMW	$1.68 Billion
Lakshmi Machine Works Limited NSE:LAXMIMACH	$1.68 Billion
Aether Industries Limited NSE:AETHER	$1.68 Billion

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: 5.93x
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 51.30x to 5.93x 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¥39.25	x
2014-12-31	CN¥0.82	CN¥39.25	x
2015-12-31	CN¥1.18	CN¥39.25	x
2016-12-31	CN¥1.39	CN¥39.25	x
2017-12-31	CN¥2.55	CN¥39.25	x
2018-12-31	CN¥2.71	CN¥39.25	x
2019-12-31	CN¥3.03	CN¥39.25	x
2020-12-31	CN¥3.45	CN¥39.25	x
2021-12-31	CN¥6.01	CN¥39.25	x
2022-12-31	CN¥6.40	CN¥39.25	x
2023-12-31	CN¥6.31	CN¥39.25	x
2024-12-31	CN¥6.62	CN¥39.25	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: $3,902,939,037
Average return on equity (ROE) among peers: 1.85%

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	$1.68 Billion
Shaanxi Ligeance Mineral Resources Co Ltd (000697)	$738.32 Million	10.95%	0.40x	$1.30 Billion
Aecc Aero Engine Control Co Ltd (000738)	$431.62 Million	-51.07%	1.07x	$3.99 Billion
AVIC Aircraft Co Ltd (000768)	$21.02 Billion	4.87%	2.51x	$9.56 Billion
Sichuan Haite High-tech Co Ltd (002023)	$133.27 Million	20.72%	0.75x	$1.37 Billion
Aerospace CH UAV Co Ltd (002389)	$3.39 Billion	2.95%	0.09x	$3.17 Billion
Kuang Chi Technologies Co Ltd (002625)	$8.23 Billion	4.58%	0.12x	$12.35 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933)	$1.48 Billion	0.96%	0.66x	$527.52 Million
Chengdu Tianjian Technology Co Ltd (002977)	$1.07 Billion	6.83%	0.26x	$476.52 Million
Beijing Bei Mo Gao Ke Friction Mate (002985)	$910.30 Million	16.48%	0.19x	$1.73 Billion
Shaanxi Zhongtian Rocket Technology (003009)	$1.63 Billion	1.20%	0.91x	$1.37 Billion

About Chengdu ALD Aviation Manufacturing Corp

SHE:300696 China Aerospace & Defense

Market Cap

$1.68 Billion

CN¥11.51 Billion CNY

Market Cap Rank

#6904 Global

#1598 in China

Share Price

CN¥39.25

Change (1 day)

+2.86%

52-Week Range

CN¥18.02 - CN¥39.25

All Time High

CN¥46.49