Yeal Electric Co.Ltd (300923) - Net Assets
Based on the latest financial reports, Yeal Electric Co.Ltd (300923) has net assets worth CN¥1.13 Billion CNY (≈ $165.59 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¥1.28 Billion ≈ $187.01 Million USD) and total liabilities (CN¥146.43 Million ≈ $21.43 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 financial resilience of Yeal Electric Co.Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.13 Billion |
| % of Total Assets | 88.54% |
| Annual Growth Rate | 13.96% |
| 5-Year Change | 7.68% |
| 10-Year Change | N/A |
| Growth Volatility | 29.57 |
Yeal Electric Co.Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Yeal Electric Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Yeal Electric Co.Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Yeal Electric Co.Ltd (2016–2024)
The table below shows the annual net assets of Yeal Electric Co.Ltd from 2016 to 2024. For live valuation and market cap data, see Yeal Electric Co.Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.15 Billion ≈ $168.21 Million |
-0.58% |
| 2023-12-31 | CN¥1.16 Billion ≈ $169.20 Million |
+1.16% |
| 2022-12-31 | CN¥1.14 Billion ≈ $167.26 Million |
+1.28% |
| 2021-12-31 | CN¥1.13 Billion ≈ $165.14 Million |
+5.71% |
| 2020-12-31 | CN¥1.07 Billion ≈ $156.21 Million |
+94.11% |
| 2019-12-31 | CN¥549.96 Million ≈ $80.48 Million |
+10.07% |
| 2018-12-31 | CN¥499.63 Million ≈ $73.11 Million |
+10.98% |
| 2017-12-31 | CN¥450.21 Million ≈ $65.88 Million |
+11.42% |
| 2016-12-31 | CN¥404.08 Million ≈ $59.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yeal Electric 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 1324.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥258.55 Million | 22.49% |
| Common Stock | CN¥78.60 Million | 6.84% |
| Other Comprehensive Income | CN¥17.71 Million | 1.54% |
| Other Components | CN¥794.66 Million | 69.13% |
| Total Equity | CN¥1.15 Billion | 100.00% |
Yeal Electric Co.Ltd Competitors by Market Cap
The table below lists competitors of Yeal Electric Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ouro Fino Saúde Animal Participações S.A
SA:OFSA3
|
$332.33 Million |
|
Aldebaran Resources Inc
V:ALDE
|
$332.39 Million |
|
Home Center Holdings Co.Ltd
KQ:060560
|
$332.49 Million |
|
Guangzheng Group Co Ltd
SHE:002524
|
$332.55 Million |
|
Esso (Thailand) Public Company Limited
BK:BSRC
|
$332.25 Million |
|
DUKSAN TECHOPIA Co.Ltd
KQ:317330
|
$332.23 Million |
|
Lowland Investment Co
LSE:LWI
|
$332.16 Million |
|
Jiangsu Huaxin New Material Co Ltd Class A
SHE:300717
|
$332.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yeal Electric Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,156,250,734 to 1,149,517,334, a change of -6,733,400 (-0.6%).
- Net income of 42,346,765 contributed positively to equity growth.
- Dividend payments of 35,145,000 reduced retained earnings.
- Other comprehensive income increased equity by 17,437,846.
- Other factors decreased equity by 31,373,011.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥42.35 Million | +3.68% |
| Dividends Paid | CN¥35.15 Million | -3.06% |
| Other Comprehensive Income | CN¥17.44 Million | +1.52% |
| Other Changes | CN¥-31.37 Million | -2.73% |
| Total Change | CN¥- | -0.58% |
Book Value vs Market Value Analysis
This analysis compares Yeal Electric 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: 1.97x
- 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 3.72x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥7.78 | CN¥28.89 | x |
| 2017-12-31 | CN¥7.62 | CN¥28.89 | x |
| 2018-12-31 | CN¥8.45 | CN¥28.89 | x |
| 2019-12-31 | CN¥9.30 | CN¥28.89 | x |
| 2020-12-31 | CN¥18.08 | CN¥28.89 | x |
| 2021-12-31 | CN¥14.38 | CN¥28.89 | x |
| 2022-12-31 | CN¥14.66 | CN¥28.89 | x |
| 2023-12-31 | CN¥14.76 | CN¥28.89 | x |
| 2024-12-31 | CN¥14.66 | CN¥28.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yeal Electric 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): 3.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.98%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.19x
- Recent ROE (3.68%) is below the historical average (8.05%), 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 | 16.72% | 19.17% | 0.61x | 1.42x | CN¥27.05 Million |
| 2017 | 10.76% | 13.27% | 0.60x | 1.36x | CN¥3.42 Million |
| 2018 | 9.95% | 14.21% | 0.55x | 1.28x | CN¥-269.20K |
| 2019 | 10.86% | 16.10% | 0.52x | 1.31x | CN¥4.71 Million |
| 2020 | 5.42% | 16.57% | 0.29x | 1.13x | CN¥-48.90 Million |
| 2021 | 6.68% | 18.43% | 0.31x | 1.18x | CN¥-37.52 Million |
| 2022 | 4.37% | 11.81% | 0.31x | 1.19x | CN¥-64.38 Million |
| 2023 | 4.07% | 11.10% | 0.33x | 1.10x | CN¥-68.61 Million |
| 2024 | 3.68% | 8.98% | 0.34x | 1.19x | CN¥-72.60 Million |
Industry Comparison
This section compares Yeal Electric Co.Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,132,420,102
- Average return on equity (ROE) among peers: -175.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yeal Electric Co.Ltd (300923) | CN¥1.13 Billion | 16.72% | 0.13x | $332.28 Million |
| China High-Speed Railway Technology (000008) | $7.40 Billion | 4.39% | 0.41x | $1.07 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $435.66 Million | 6.49% | 0.96x | $532.07 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-447.50 Million | 0.00% | 0.00x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $1.40 Billion | 8.69% | 0.76x | $796.72 Million |
| China Railway Materials Co Ltd (000927) | $88.31 Million | -1857.66% | 54.49x | $2.49 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $125.09 Million | 26.56% | 0.74x | $644.19 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $89.33 Million | 13.19% | 3.81x | $537.64 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $324.31 Million | 20.96% | 1.15x | $617.25 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.60 Billion | 6.06% | 0.63x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $309.22 Million | 14.90% | 0.59x | $1.17 Billion |
About Yeal Electric Co.Ltd
Yeal Electric Co., Ltd. engages in the research and development, production, and sales of rail vehicle electrical equipment, which are used in urban rail vehicles. Its products include driver console, driver's cab electrical control cabinet, passenger compartment electrical control cabinet, lighting control system, logic control unit, battery management system, low-voltage electrical appliance mo… Read more