Xiamen Voke Mold & Plastic Engineering Co. Ltd. (301196) - Net Assets
Based on the latest financial reports, Xiamen Voke Mold & Plastic Engineering Co. Ltd. (301196) has net assets worth CN¥3.38 Billion CNY (≈ $494.80 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¥4.23 Billion ≈ $618.91 Million USD) and total liabilities (CN¥848.10 Million ≈ $124.10 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 Xiamen Voke Mold & Plastic Engineering C (301196) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.38 Billion |
| % of Total Assets | 79.95% |
| Annual Growth Rate | 30.96% |
| 5-Year Change | 236.42% |
| 10-Year Change | N/A |
| Growth Volatility | 51.76 |
Xiamen Voke Mold & Plastic Engineering Co. Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how Xiamen Voke Mold & Plastic Engineering Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 301196 asset base for the complete picture of this company's asset base.
Annual Net Assets for Xiamen Voke Mold & Plastic Engineering Co. Ltd. (2017–2024)
The table below shows the annual net assets of Xiamen Voke Mold & Plastic Engineering Co. Ltd. from 2017 to 2024. For live valuation and market cap data, see how much is Xiamen Voke Mold & Plastic Engineering C worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.18 Billion ≈ $465.96 Million |
+1.78% |
| 2023-12-31 | CN¥3.13 Billion ≈ $457.82 Million |
+4.92% |
| 2022-12-31 | CN¥2.98 Billion ≈ $436.33 Million |
+162.30% |
| 2021-12-31 | CN¥1.14 Billion ≈ $166.35 Million |
+20.10% |
| 2020-12-31 | CN¥946.52 Million ≈ $138.51 Million |
+31.77% |
| 2019-12-31 | CN¥718.33 Million ≈ $105.11 Million |
+18.09% |
| 2018-12-31 | CN¥608.31 Million ≈ $89.01 Million |
+26.21% |
| 2017-12-31 | CN¥481.98 Million ≈ $70.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xiamen Voke Mold & Plastic Engineering 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 104.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥626.58 Million | 20.08% |
| Common Stock | CN¥124.80 Million | 4.00% |
| Other Comprehensive Income | CN¥86.74 Million | 2.78% |
| Other Components | CN¥2.28 Billion | 73.13% |
| Total Equity | CN¥3.12 Billion | 100.00% |
Xiamen Voke Mold & Plastic Engineering Co. Ltd. Competitors by Market Cap
The table below lists competitors of Xiamen Voke Mold & Plastic Engineering Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NIB Holdings Ltd
AU:NHF
|
$2.29 Billion |
|
Guodian Nanjing Automation Co Ltd
SHG:600268
|
$2.29 Billion |
|
Foot Locker Inc
NYSE:FL
|
$2.29 Billion |
|
Qingdao Gon Technology Co Ltd
SHE:002768
|
$2.30 Billion |
|
Braze Inc
NASDAQ:BRZE
|
$2.29 Billion |
|
Yankershop Food Co Ltd
SHE:002847
|
$2.29 Billion |
|
VIVENDI UNSPON.ARD EO 55
F:VVUD
|
$2.29 Billion |
|
Luenmei Quantum Co Ltd
SHG:600167
|
$2.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Voke Mold & Plastic Engineering Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,082,976,000 to 3,119,631,000, a change of 36,655,000 (1.2%).
- Net income of 220,261,158 contributed positively to equity growth.
- Dividend payments of 177,116,000 reduced retained earnings.
- Share repurchases of 43,345,380 reduced equity.
- Other comprehensive income increased equity by 87,417,182.
- Other factors decreased equity by 50,561,960.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥220.26 Million | +7.06% |
| Dividends Paid | CN¥177.12 Million | -5.68% |
| Share Repurchases | CN¥43.35 Million | -1.39% |
| Other Comprehensive Income | CN¥87.42 Million | +2.8% |
| Other Changes | CN¥-50.56 Million | -1.62% |
| Total Change | CN¥- | 1.19% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Voke Mold & Plastic Engineering 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: 4.98x
- 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 14.98x to 4.98x 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¥8.35 | CN¥125.00 | x |
| 2018-12-31 | CN¥7.43 | CN¥125.00 | x |
| 2019-12-31 | CN¥5.69 | CN¥125.00 | x |
| 2020-12-31 | CN¥7.47 | CN¥125.00 | x |
| 2021-12-31 | CN¥8.96 | CN¥125.00 | x |
| 2022-12-31 | CN¥23.74 | CN¥125.00 | x |
| 2023-12-31 | CN¥24.70 | CN¥125.00 | x |
| 2024-12-31 | CN¥25.11 | CN¥125.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Voke Mold & Plastic Engineering 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): 7.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.11%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.26x
- Recent ROE (7.06%) is below the historical average (10.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 10.89% | 9.76% | 0.72x | 1.56x | CN¥4.25 Million |
| 2018 | 5.83% | 5.42% | 0.75x | 1.43x | CN¥-24.92 Million |
| 2019 | 13.41% | 13.62% | 0.76x | 1.30x | CN¥24.19 Million |
| 2020 | 17.25% | 17.66% | 0.74x | 1.32x | CN¥67.58 Million |
| 2021 | 17.16% | 16.55% | 0.79x | 1.31x | CN¥80.02 Million |
| 2022 | 5.52% | 17.06% | 0.28x | 1.14x | CN¥-132.87 Million |
| 2023 | 5.45% | 12.53% | 0.36x | 1.20x | CN¥-140.23 Million |
| 2024 | 7.06% | 12.11% | 0.46x | 1.26x | CN¥-91.70 Million |
Industry Comparison
This section compares Xiamen Voke Mold & Plastic Engineering Co. Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,198,385,103
- Average return on equity (ROE) among peers: 1.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Voke Mold & Plastic Engineering Co. Ltd. (301196) | CN¥3.38 Billion | 10.89% | 0.25x | $2.29 Billion |
| China International Marine Containers Group Ltd (000039) | $516.18 Million | 18.11% | 1.41x | $4.32 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $255.45 Million | 1.25% | 0.47x | $387.15 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.19 Billion | 4.29% | 0.71x | $433.84 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $3.64 Billion | 8.56% | 0.60x | $1.25 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $2.93 Billion | 6.91% | 0.38x | $1.69 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $1.45 Billion | 7.95% | 0.71x | $2.01 Billion |
| Dajin Heavy Industry Corp (002487) | $1.41 Billion | 6.93% | 0.08x | $7.74 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $633.35 Million | -61.44% | 1.31x | $307.66 Million |
| Guangzheng Group Co Ltd (002524) | $341.38 Million | 10.82% | 4.36x | $338.59 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $9.61 Billion | 8.03% | 1.63x | $2.04 Billion |
About Xiamen Voke Mold & Plastic Engineering Co. Ltd.
Xiamen Voke Mold & Plastic Engineering Co., Ltd. engages in the research, development, design, manufacture, and sale of various injection molds in China and internationally. It provides car central housing control, car air outlet housing, grille, engine connection body, air outlet high-gloss panel, car button two-color mold, six fuel tank two-color housing, car panel housing, steering wheel airba… Read more