Xi An Triangle Defens Co Ltd
Xi'an Triangle Defense Co.,Ltd engages in the research, production, sales and service of forging products in the aviation, aerospace, shipbuilding and other industries in China and internationally. The company offers engine blades, compressor journal, turbine shaft, disc, case, rings, drum, and fan disc, as well as nozzle housing and aircraft landing gear. It also provides die and free forgings f… Read more
Xi An Triangle Defens Co Ltd (300775) - Net Assets
Latest net assets as of June 2025: CN¥5.90 Billion CNY
Based on the latest financial reports, Xi An Triangle Defens Co Ltd (300775) has net assets worth CN¥5.90 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.57 Billion) and total liabilities (CN¥2.67 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¥5.90 Billion |
| % of Total Assets | 68.85% |
| Annual Growth Rate | 24.19% |
| 5-Year Change | 198.8% |
| 10-Year Change | 667.49% |
| Growth Volatility | 24.58 |
Xi An Triangle Defens Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Xi An Triangle Defens 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 Xi An Triangle Defens Co Ltd (2013–2024)
The table below shows the annual net assets of Xi An Triangle Defens Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.76 Billion | +5.58% |
| 2023-12-31 | CN¥5.45 Billion | +15.96% |
| 2022-12-31 | CN¥4.70 Billion | +91.37% |
| 2021-12-31 | CN¥2.46 Billion | +27.54% |
| 2020-12-31 | CN¥1.93 Billion | +8.74% |
| 2019-12-31 | CN¥1.77 Billion | +29.42% |
| 2018-12-31 | CN¥1.37 Billion | +12.27% |
| 2017-12-31 | CN¥1.22 Billion | +12.20% |
| 2016-12-31 | CN¥1.09 Billion | +44.89% |
| 2015-12-31 | CN¥749.91 Million | +39.71% |
| 2014-12-31 | CN¥536.75 Million | +1.12% |
| 2013-12-31 | CN¥530.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xi An Triangle Defens 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 231711448858.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.31 Billion | 40.06% |
| Other Components | CN¥3.45 Billion | 59.94% |
| Total Equity | CN¥5.76 Billion | 100.00% |
Xi An Triangle Defens Co Ltd Competitors by Market Cap
The table below lists competitors of Xi An Triangle Defens Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artivion Inc
NYSE:AORT
|
$1.71 Billion |
|
GIMV NV
BR:GIMB
|
$1.71 Billion |
|
JUNGFRAUB. HLDG NA SF 1,5
F:J4F
|
$1.71 Billion |
|
NuVista Energy Ltd
PINK:NUVSF
|
$1.71 Billion |
|
Kemper Corporation
NYSE:KMPR
|
$1.71 Billion |
|
Xometry Inc
NASDAQ:XMTR
|
$1.71 Billion |
|
UNIQA Insurance Group AG
VI:UQA
|
$1.71 Billion |
|
Lao Feng Xiang Co Ltd A
SHG:600612
|
$1.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xi An Triangle Defens Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,353,810,191 to 5,755,512,086, a change of 401,701,895 (7.5%).
- Net income of 380,053,359 contributed positively to equity growth.
- Dividend payments of 129,171,780 reduced retained earnings.
- Other comprehensive income decreased equity by 207,959,681.
- Other factors increased equity by 358,779,997.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥380.05 Million | +6.6% |
| Dividends Paid | CN¥129.17 Million | -2.24% |
| Other Comprehensive Income | CN¥-207.96 Million | -3.61% |
| Other Changes | CN¥358.78 Million | +6.23% |
| Total Change | CN¥- | 7.50% |
Book Value vs Market Value Analysis
This analysis compares Xi An Triangle Defens 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: 3.54x
- 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 13.53x to 3.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.73 | CN¥36.99 | x |
| 2018-12-31 | CN¥3.07 | CN¥36.99 | x |
| 2019-12-31 | CN¥3.57 | CN¥36.99 | x |
| 2020-12-31 | CN¥3.89 | CN¥36.99 | x |
| 2021-12-31 | CN¥4.96 | CN¥36.99 | x |
| 2022-12-31 | CN¥9.42 | CN¥36.99 | x |
| 2023-12-31 | CN¥9.73 | CN¥36.99 | x |
| 2024-12-31 | CN¥10.46 | CN¥36.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xi An Triangle Defens 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): 6.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.91%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.59x
- Recent ROE (6.60%) is below the historical average (10.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 4.52% | 16.47% | 0.23x | 1.21x | CN¥-59.54 Million |
| 2017 | 10.05% | 32.70% | 0.24x | 1.28x | CN¥630.46K |
| 2018 | 10.93% | 32.12% | 0.27x | 1.26x | CN¥12.74 Million |
| 2019 | 10.85% | 31.31% | 0.27x | 1.28x | CN¥15.05 Million |
| 2020 | 10.61% | 33.25% | 0.24x | 1.35x | CN¥11.79 Million |
| 2021 | 16.78% | 35.17% | 0.28x | 1.68x | CN¥166.62 Million |
| 2022 | 13.29% | 33.29% | 0.27x | 1.48x | CN¥154.55 Million |
| 2023 | 13.95% | 32.89% | 0.27x | 1.56x | CN¥211.62 Million |
| 2024 | 6.60% | 23.91% | 0.17x | 1.59x | CN¥-195.50 Million |
Industry Comparison
This section compares Xi An Triangle Defens Co Ltd'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 |
|---|---|---|---|---|
| Xi An Triangle Defens Co Ltd (300775) | CN¥5.90 Billion | 4.52% | 0.45x | $1.71 Billion |
| 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 |