Meter Instruments Co. Ltd (301006) - Net Assets

Latest as of September 2025: CN¥1.28 Billion CNY ≈ $186.88 Million USD

Based on the latest financial reports, Meter Instruments Co. Ltd (301006) has net assets worth CN¥1.28 Billion CNY (≈ $186.88 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¥1.47 Billion ≈ $214.53 Million USD) and total liabilities (CN¥189.00 Million ≈ $27.66 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 Meter Instruments Co. Ltd (301006) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.28 Billion
% of Total Assets	87.11%
Annual Growth Rate	33.89%
5-Year Change	124.25%
10-Year Change	N/A
Growth Volatility	32.92

Meter Instruments Co. Ltd - Net Assets Trend (2016–2024)

This chart illustrates how Meter Instruments Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Meter Instruments Co. Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Meter Instruments Co. Ltd (2016–2024)

The table below shows the annual net assets of Meter Instruments Co. Ltd from 2016 to 2024. For live valuation and market cap data, see 301006 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥1.25 Billion ≈ $182.55 Million	+1.62%
2023-12-31	CN¥1.23 Billion ≈ $179.64 Million	+5.64%
2022-12-31	CN¥1.16 Billion ≈ $170.04 Million	+7.69%
2021-12-31	CN¥1.08 Billion ≈ $157.90 Million	+93.98%
2020-12-31	CN¥556.30 Million ≈ $81.40 Million	+36.02%
2019-12-31	CN¥408.99 Million ≈ $59.85 Million	+32.01%
2018-12-31	CN¥309.82 Million ≈ $45.34 Million	+38.66%
2017-12-31	CN¥223.44 Million ≈ $32.70 Million	+85.02%
2016-12-31	CN¥120.77 Million ≈ $17.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Meter Instruments 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 713.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥500.86 Million	40.15%
Common Stock	CN¥139.28 Million	11.16%
Other Comprehensive Income	CN¥85.73 Million	6.87%
Other Components	CN¥521.62 Million	41.81%
Total Equity	CN¥1.25 Billion	100.00%

Meter Instruments Co. Ltd Competitors by Market Cap

The table below lists competitors of Meter Instruments Co. Ltd ranked by their market capitalization.

Company	Market Cap
Sichuan Huati Lighting Tech SHG:603679	$366.10 Million
AQUILA PART PROD COM RO:AQ	$366.14 Million
Gopal Snacks Ltd NSE:GOPAL	$366.26 Million
DIAMOND BIOFUND INC TW:6901	$366.39 Million
Haibo Heavy Engineering Science and Technology Co Ltd SHE:300517	$366.00 Million
Hyundai Green Food Co. Ltd. KO:453340	$365.74 Million
Opus Genetics, Inc. NASDAQ:IRD	$365.71 Million
Shanxi Tond Chemical Co Ltd SHE:002360	$365.69 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Meter Instruments Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,227,627,291 to 1,247,497,483, a change of 19,870,192 (1.6%).
Net income of 79,202,518 contributed positively to equity growth.
Dividend payments of 41,783,959 reduced retained earnings.
Share repurchases of 20,095,028 reduced equity.
Other comprehensive income increased equity by 19,184,166.
Other factors decreased equity by 16,637,505.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥79.20 Million	+6.35%
Dividends Paid	CN¥41.78 Million	-3.35%
Share Repurchases	CN¥20.10 Million	-1.61%
Other Comprehensive Income	CN¥19.18 Million	+1.54%
Other Changes	CN¥-16.64 Million	-1.33%
Total Change	CN¥-	1.62%

Book Value vs Market Value Analysis

This analysis compares Meter Instruments 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 14.87x 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¥1.21	CN¥17.96	x
2017-12-31	CN¥2.77	CN¥17.96	x
2018-12-31	CN¥2.98	CN¥17.96	x
2019-12-31	CN¥2.94	CN¥17.96	x
2020-12-31	CN¥3.99	CN¥17.96	x
2021-12-31	CN¥7.75	CN¥17.96	x
2022-12-31	CN¥8.34	CN¥17.96	x
2023-12-31	CN¥8.81	CN¥17.96	x
2024-12-31	CN¥9.11	CN¥17.96	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Meter Instruments 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): 6.35%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.10%
• Asset Turnover: 0.25x
• Equity Multiplier: 1.14x
Recent ROE (6.35%) is below the historical average (17.97%), 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	28.62%	37.67%	0.37x	2.04x	CN¥22.49 Million
2017	9.73%	17.91%	0.47x	1.17x	CN¥-596.85K
2018	23.48%	38.55%	0.51x	1.19x	CN¥41.76 Million
2019	30.74%	40.05%	0.59x	1.31x	CN¥84.81 Million
2020	31.33%	41.45%	0.61x	1.24x	CN¥118.65 Million
2021	12.99%	34.29%	0.34x	1.13x	CN¥32.23 Million
2022	9.39%	30.45%	0.27x	1.14x	CN¥-7.06 Million
2023	9.15%	29.39%	0.27x	1.14x	CN¥-10.49 Million
2024	6.35%	22.10%	0.25x	1.14x	CN¥-45.55 Million

Industry Comparison

This section compares Meter Instruments Co. Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $2,126,582,124
Average return on equity (ROE) among peers: 8.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Meter Instruments Co. Ltd (301006)	CN¥1.28 Billion	28.62%	0.15x	$366.04 Million
XJ Electric Co Ltd (000400)	$2.20 Billion	5.89%	1.09x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$874.93 Million	-1.17%	1.71x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.71 Billion	7.84%	0.11x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$86.35 Million	23.75%	0.85x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.31 Billion	8.55%	0.86x	$834.77 Million
Huagong Tech Co Ltd (000988)	$1.22 Billion	3.70%	0.93x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.54 Billion	5.61%	1.58x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$11.08 Billion	1.35%	1.51x	$9.75 Billion

About Meter Instruments Co. Ltd

SHE:301006 China Electrical Equipment & Parts

Market Cap

$366.04 Million

CN¥2.50 Billion CNY

Market Cap Rank

#14112 Global

#4440 in China

Share Price

CN¥17.96

Change (1 day)

+3.16%

52-Week Range

CN¥14.31 - CN¥19.28

All Time High

CN¥36.90