Guangdong Nedfon Air System Co. Ltd.
Guangdong Nedfon Air System Co., Ltd. develops, manufactures, and sells ventilation products in China and internationally. The company offers air curtain, household exhaust fan, industry ventilation fan, duct fan for tube, bathroom master, belt-driven cooling fan, energy recovery ventilators, ventilators for air conditioning system, and ventilators for fire-fighting application and other special … Read more
Guangdong Nedfon Air System Co. Ltd. (301043) - Net Assets
Latest net assets as of June 2025: CN¥858.81 Million CNY
Based on the latest financial reports, Guangdong Nedfon Air System Co. Ltd. (301043) has net assets worth CN¥858.81 Million 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¥1.27 Billion) and total liabilities (CN¥407.46 Million). 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¥858.81 Million |
| % of Total Assets | 67.82% |
| Annual Growth Rate | 30.0% |
| 5-Year Change | 217.73% |
| 10-Year Change | N/A |
| Growth Volatility | 64.06 |
Guangdong Nedfon Air System Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Guangdong Nedfon Air System 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 Guangdong Nedfon Air System Co. Ltd. (2019–2024)
The table below shows the annual net assets of Guangdong Nedfon Air System Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥876.00 Million | +5.44% |
| 2023-12-31 | CN¥830.84 Million | +7.05% |
| 2022-12-31 | CN¥776.11 Million | +4.90% |
| 2021-12-31 | CN¥739.85 Million | +168.35% |
| 2020-12-31 | CN¥275.71 Million | +16.91% |
| 2019-12-31 | CN¥235.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Nedfon Air System 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 180.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥314.78 Million | 35.93% |
| Other Components | CN¥561.22 Million | 64.07% |
| Total Equity | CN¥876.00 Million | 100.00% |
Guangdong Nedfon Air System Co. Ltd. Competitors by Market Cap
The table below lists competitors of Guangdong Nedfon Air System Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
North-Star International Co Ltd
TWO:8927
|
$152.61 Million |
|
Curexo Inc
KQ:060280
|
$152.63 Million |
|
NOCIL Limited
NSE:NOCIL
|
$152.64 Million |
|
EnTie Commercial Bank Ltd
TW:2849
|
$152.68 Million |
|
Protec Co. Ltd
KQ:053610
|
$152.60 Million |
|
Korea District Heating Corp
KO:071320
|
$152.59 Million |
|
Agilyx AS
OTCQX:AGXXF
|
$152.59 Million |
|
Taiwan Chinsan Electronic Industrial Co Ltd
TWO:8042
|
$152.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Nedfon Air System Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 830,838,180 to 875,998,195, a change of 45,160,015 (5.4%).
- Net income of 105,000,015 contributed positively to equity growth.
- Dividend payments of 66,197,738 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥105.00 Million | +11.99% |
| Dividends Paid | CN¥66.20 Million | -7.56% |
| Other Changes | CN¥6.36 Million | +0.73% |
| Total Change | CN¥- | 5.44% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Nedfon Air System 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: 4.50x
- 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 12.54x to 4.50x 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¥4.62 | CN¥58.00 | x |
| 2020-12-31 | CN¥5.41 | CN¥58.00 | x |
| 2021-12-31 | CN¥10.88 | CN¥58.00 | x |
| 2022-12-31 | CN¥11.41 | CN¥58.00 | x |
| 2023-12-31 | CN¥12.22 | CN¥58.00 | x |
| 2024-12-31 | CN¥12.88 | CN¥58.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Nedfon Air System 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): 11.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.45%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.45x
- Recent ROE (11.99%) is below the historical average (15.11%), 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 | 28.99% | 15.90% | 1.29x | 1.41x | CN¥44.79 Million |
| 2020 | 25.56% | 17.09% | 0.91x | 1.64x | CN¥42.91 Million |
| 2021 | 7.14% | 9.58% | 0.60x | 1.24x | CN¥-21.18 Million |
| 2022 | 5.37% | 8.81% | 0.47x | 1.30x | CN¥-35.91 Million |
| 2023 | 11.58% | 16.87% | 0.51x | 1.35x | CN¥13.13 Million |
| 2024 | 11.99% | 17.45% | 0.47x | 1.45x | CN¥17.40 Million |
Industry Comparison
This section compares Guangdong Nedfon Air System Co. Ltd.'s net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,967,149,242
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Nedfon Air System Co. Ltd. (301043) | CN¥858.81 Million | 28.99% | 0.47x | $152.61 Million |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $352.09 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $2.57 Billion | -0.72% | 0.99x | $204.74 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $21.44 Billion | 14.66% | 0.33x | $3.58 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.56 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $436.84 Million | 5.27% | 3.74x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $5.01 Billion | 8.48% | 1.12x | $113.50 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.03 Billion | 15.12% | 0.38x | $250.45 Million |
| Everjoy Health Group Co Ltd (002162) | $479.30 Million | 13.65% | 1.19x | $267.02 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $923.77 Million | 5.63% | 0.58x | $237.09 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |