Xi'an Sinofuse Electric Co. Ltd. (301031) - Net Assets
Based on the latest financial reports, Xi'an Sinofuse Electric Co. Ltd. (301031) has net assets worth CN¥1.31 Billion CNY (≈ $191.49 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.65 Billion ≈ $387.91 Million USD) and total liabilities (CN¥1.34 Billion ≈ $196.41 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 how resilient are Xi'an Sinofuse Electric Co. Ltd.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.31 Billion |
| % of Total Assets | 49.37% |
| Annual Growth Rate | 43.38% |
| 5-Year Change | 370.25% |
| 10-Year Change | N/A |
| Growth Volatility | 69.44 |
Xi'an Sinofuse Electric Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Xi'an Sinofuse Electric Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Xi'an Sinofuse Electric Co. Ltd. for the complete picture of this company's asset base.
Annual Net Assets for Xi'an Sinofuse Electric Co. Ltd. (2019–2024)
The table below shows the annual net assets of Xi'an Sinofuse Electric Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see 301031 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion ≈ $169.75 Million |
+17.70% |
| 2023-12-31 | CN¥985.52 Million ≈ $144.21 Million |
+17.69% |
| 2022-12-31 | CN¥837.38 Million ≈ $122.53 Million |
+15.77% |
| 2021-12-31 | CN¥723.34 Million ≈ $105.85 Million |
+193.23% |
| 2020-12-31 | CN¥246.68 Million ≈ $36.10 Million |
+28.95% |
| 2019-12-31 | CN¥191.30 Million ≈ $27.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xi'an Sinofuse 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 976.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥489.99 Million | 42.24% |
| Other Components | CN¥670.02 Million | 57.76% |
| Total Equity | CN¥1.16 Billion | 100.00% |
Xi'an Sinofuse Electric Co. Ltd. Competitors by Market Cap
The table below lists competitors of Xi'an Sinofuse Electric Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foxconn Technology Co Ltd
TW:2354
|
$2.31 Billion |
|
Kalpataru Projects International Ltd.
NSE:KPIL
|
$2.31 Billion |
|
Vivendi SA
PA:VIV
|
$2.31 Billion |
|
Formosa Sumco Technology Corp
TW:3532
|
$2.31 Billion |
|
Driven Brands Holdings Inc
NASDAQ:DRVN
|
$2.31 Billion |
|
Enerflex Ltd.
TO:EFX
|
$2.31 Billion |
|
TAV HAVALIMAN.HLDG ADR/4
F:5THA
|
$2.31 Billion |
|
Shanghai Awinic Technology Co Ltd
SHG:688798
|
$2.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xi'an Sinofuse Electric Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 985,522,220 to 1,160,005,546, a change of 174,483,326 (17.7%).
- Net income of 186,939,254 contributed positively to equity growth.
- Dividend payments of 52,810,228 reduced retained earnings.
- Other factors increased equity by 40,354,299.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥186.94 Million | +16.12% |
| Dividends Paid | CN¥52.81 Million | -4.55% |
| Other Changes | CN¥40.35 Million | +3.48% |
| Total Change | CN¥- | 17.70% |
Book Value vs Market Value Analysis
This analysis compares Xi'an Sinofuse 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: 9.16x
- 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 41.68x to 9.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.85 | CN¥160.40 | x |
| 2020-12-31 | CN¥4.96 | CN¥160.40 | x |
| 2021-12-31 | CN¥7.37 | CN¥160.40 | x |
| 2022-12-31 | CN¥8.54 | CN¥160.40 | x |
| 2023-12-31 | CN¥10.05 | CN¥160.40 | x |
| 2024-12-31 | CN¥17.50 | CN¥160.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xi'an Sinofuse 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): 16.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.16%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.93x
- Recent ROE (16.12%) is below the historical average (16.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 19.70% | 19.71% | 0.66x | 1.51x | CN¥18.56 Million |
| 2020 | 22.45% | 24.48% | 0.59x | 1.54x | CN¥30.72 Million |
| 2021 | 11.13% | 20.91% | 0.39x | 1.35x | CN¥8.14 Million |
| 2022 | 18.37% | 20.38% | 0.55x | 1.63x | CN¥70.06 Million |
| 2023 | 11.87% | 11.04% | 0.63x | 1.71x | CN¥18.43 Million |
| 2024 | 16.12% | 13.16% | 0.63x | 1.93x | CN¥70.94 Million |
Industry Comparison
This section compares Xi'an Sinofuse Electric 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 |
|---|---|---|---|---|
| Xi'an Sinofuse Electric Co. Ltd. (301031) | CN¥1.31 Billion | 19.70% | 1.03x | $2.31 Billion |
| 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 Xi'an Sinofuse Electric Co. Ltd.
Xi'an Sinofuse Electric Co., Ltd. engages in the research, development, production, and sale of fuses and related accessories in China. The company offers power fuses, excitation fuses, and intelligent fuses, as well as offers related solutions. Its products are used for new energy vehicles, new energy wind, solar power generation, energy storage, communications, rail transportation, data centers… Read more