COFCO Engineering & Technology Co Ltd
COFCO Technology & Industry Co., Ltd., a scientific and technological company, operates as an agricultural food engineering technology service provider in China and internationally. The company engages in the consultation and design business, including engineering design and engineering consulting in the field of agricultural and food product processing engineering; and agricultural and food prod… Read more
COFCO Engineering & Technology Co Ltd (301058) - Net Assets
Latest net assets as of June 2025: CN¥2.30 Billion CNY
Based on the latest financial reports, COFCO Engineering & Technology Co Ltd (301058) has net assets worth CN¥2.30 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¥4.56 Billion) and total liabilities (CN¥2.26 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¥2.30 Billion |
| % of Total Assets | 50.5% |
| Annual Growth Rate | 13.86% |
| 5-Year Change | 65.34% |
| 10-Year Change | N/A |
| Growth Volatility | 11.31 |
COFCO Engineering & Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how COFCO Engineering & Technology 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 COFCO Engineering & Technology Co Ltd (2017–2024)
The table below shows the annual net assets of COFCO Engineering & Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.29 Billion | +7.30% |
| 2023-12-31 | CN¥2.14 Billion | +6.00% |
| 2022-12-31 | CN¥2.02 Billion | +5.47% |
| 2021-12-31 | CN¥1.91 Billion | +37.83% |
| 2020-12-31 | CN¥1.39 Billion | +18.82% |
| 2019-12-31 | CN¥1.17 Billion | +20.39% |
| 2018-12-31 | CN¥970.04 Million | +4.92% |
| 2017-12-31 | CN¥924.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to COFCO Engineering & Technology 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 65158262625.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥620.37 Million | 28.94% |
| Other Components | CN¥1.52 Billion | 71.06% |
| Total Equity | CN¥2.14 Billion | 100.00% |
COFCO Engineering & Technology Co Ltd Competitors by Market Cap
The table below lists competitors of COFCO Engineering & Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zorlu Enerji Elektrik Uretim AS
IS:ZOREN
|
$371.55 Million |
|
QingCloud Technologies Corp.
SHG:688316
|
$371.60 Million |
|
Quality Houses Public Company Limited
BK:QH-R
|
$371.63 Million |
|
Ciputra Development Tbk
JK:CTRA
|
$371.65 Million |
|
Dongwon Ind
KO:006040
|
$371.32 Million |
|
Hapvida Participações e Investimentos S.A.
SA:HAPV3
|
$371.32 Million |
|
Beihai Gofar Marine Biological Industry Co Ltd
SHG:600538
|
$371.16 Million |
|
MITSUBISHI KAKOKI
F:893
|
$371.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COFCO Engineering & Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,983,716,993 to 2,143,566,914, a change of 159,849,921 (8.1%).
- Net income of 233,671,435 contributed positively to equity growth.
- Dividend payments of 78,683,596 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥233.67 Million | +10.9% |
| Dividends Paid | CN¥78.68 Million | -3.67% |
| Other Changes | CN¥4.86 Million | +0.23% |
| Total Change | CN¥- | 8.06% |
Book Value vs Market Value Analysis
This analysis compares COFCO Engineering & Technology 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: 2.52x
- 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 4.13x to 2.52x 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¥2.56 | CN¥10.56 | x |
| 2018-12-31 | CN¥2.69 | CN¥10.56 | x |
| 2019-12-31 | CN¥3.20 | CN¥10.56 | x |
| 2020-12-31 | CN¥3.12 | CN¥10.56 | x |
| 2021-12-31 | CN¥4.06 | CN¥10.56 | x |
| 2022-12-31 | CN¥3.65 | CN¥10.56 | x |
| 2023-12-31 | CN¥3.87 | CN¥10.56 | x |
| 2024-12-31 | CN¥4.18 | CN¥10.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COFCO Engineering & Technology 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): 10.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.81%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.27x
- Recent ROE (10.90%) is above the historical average (8.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.91% | 5.01% | 0.59x | 1.98x | CN¥-37.71 Million |
| 2018 | 5.57% | 3.26% | 0.85x | 2.01x | CN¥-42.88 Million |
| 2019 | 7.49% | 4.49% | 0.86x | 1.94x | CN¥-29.21 Million |
| 2020 | 9.93% | 6.32% | 0.75x | 2.11x | CN¥-869.85K |
| 2021 | 9.12% | 7.44% | 0.57x | 2.14x | CN¥-15.64 Million |
| 2022 | 9.04% | 6.25% | 0.71x | 2.04x | CN¥-17.87 Million |
| 2023 | 10.97% | 9.02% | 0.57x | 2.12x | CN¥19.32 Million |
| 2024 | 10.90% | 8.81% | 0.54x | 2.27x | CN¥19.31 Million |
Industry Comparison
This section compares COFCO Engineering & Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COFCO Engineering & Technology Co Ltd (301058) | CN¥2.30 Billion | 5.91% | 0.98x | $371.40 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |