Changzhou Xiangming Intelligent Drive System Corporation Net Assets
Changzhou Xiangming Intelligent Drive System Corporation net assets. Based on the latest financial reports, Changzhou Xiangming Intelligent Drive System Corporation (301226) has net assets worth CN¥912.42 Million CNY (≈ $133.52 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.08 Billion ≈ $157.33 Million USD) and total liabilities (CN¥162.73 Million ≈ $23.81 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. Also explore how fast is Changzhou Xiangming Intelligent Drive Sy growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥912.42 Million |
| % of Total Assets | 84.86% |
| Annual Growth Rate | 17.52% |
| 5-Year Change | 105.61% |
| 10-Year Change | N/A |
| Growth Volatility | 37.04 |
Net Assets of Changzhou Xiangming Intelligent Drive System Corporation (2019–2025)
Net assets of Changzhou Xiangming Intelligent Drive System Corporation from 2019 to 2025. This chart illustrates how Changzhou Xiangming Intelligent Drive System Corporation's net assets have evolved over time, based on quarterly financial data. See Changzhou Xiangming Intelligent Drive Sy balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Changzhou Xiangming Intelligent Drive System Corporation (2019–2025)
The table below shows the annual net assets of Changzhou Xiangming Intelligent Drive System Corporation from 2019 to 2025. For live market cap and overall valuation, see Changzhou Xiangming Intelligent Drive Sy (301226) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥912.87 Million ≈ $133.58 Million |
+1.26% |
| 2024-12-31 | CN¥901.50 Million ≈ $131.92 Million |
-0.30% |
| 2023-12-31 | CN¥904.24 Million ≈ $132.32 Million |
+0.05% |
| 2022-12-31 | CN¥903.78 Million ≈ $132.25 Million |
+103.56% |
| 2021-12-31 | CN¥443.99 Million ≈ $64.97 Million |
+16.39% |
| 2020-12-31 | CN¥381.45 Million ≈ $55.82 Million |
+10.12% |
| 2019-12-31 | CN¥346.40 Million ≈ $50.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Changzhou Xiangming Intelligent Drive System Corporation'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 79.4% over the analyzed period, indicating profitable operations and earnings retention.
Changzhou Xiangming Intelligent Drive System Corporation Net Assets Breakdown (December 2025)
Changzhou Xiangming Intelligent Drive System Corporation net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥221.66 Million | 24.41% |
| Other Components | CN¥686.40 Million | 75.59% |
| Total Equity | CN¥908.06 Million | 100.00% |
Changzhou Xiangming Intelligent Drive System Corporation Competitors by Market Cap
The table below lists competitors of Changzhou Xiangming Intelligent Drive System Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infomedia Ltd
AU:IFM
|
$453.85 Million |
|
Johnson Outdoors Inc
NASDAQ:JOUT
|
$453.94 Million |
|
SS Innovations International Inc. Common Stock
NASDAQ:SSII
|
$454.00 Million |
|
TWC Enterprises Ltd
TO:TWC
|
$454.23 Million |
|
Miller Industries Inc
NYSE:MLR
|
$453.63 Million |
|
AS Tallink Grupp
HE:TALLINK
|
$453.58 Million |
|
Capital Futures Corp
TW:6024
|
$453.57 Million |
|
Nueva Expresión Textil S.A.
MC:NXT
|
$453.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changzhou Xiangming Intelligent Drive System Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 901,489,677 to 908,057,815, a change of 6,568,138 (0.7%).
- Net income of 16,600,297 contributed positively to equity growth.
- Dividend payments of 10,880,042 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥16.60 Million | +1.83% |
| Dividends Paid | CN¥10.88 Million | -1.2% |
| Other Changes | CN¥847.88K | +0.09% |
| Total Change | CN¥- | 0.73% |
Book Value vs Market Value Analysis
This analysis compares Changzhou Xiangming Intelligent Drive System Corporation'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: 3.41x
- 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 4.20x to 3.41x 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¥6.79 | CN¥28.50 | x |
| 2020-12-31 | CN¥4.67 | CN¥28.50 | x |
| 2021-12-31 | CN¥5.44 | CN¥28.50 | x |
| 2022-12-31 | CN¥8.31 | CN¥28.50 | x |
| 2023-12-31 | CN¥8.31 | CN¥28.50 | x |
| 2024-12-31 | CN¥8.29 | CN¥28.50 | x |
| 2025-12-31 | CN¥8.35 | CN¥28.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changzhou Xiangming Intelligent Drive System Corporation 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): 1.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.27%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.16x
- Recent ROE (1.83%) is below the historical average (8.49%), 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 | 12.92% | 8.54% | 1.08x | 1.40x | CN¥10.11 Million |
| 2020 | 15.64% | 10.83% | 1.02x | 1.41x | CN¥21.50 Million |
| 2021 | 14.10% | 8.52% | 1.11x | 1.49x | CN¥18.18 Million |
| 2022 | 7.16% | 10.07% | 0.60x | 1.19x | CN¥-25.63 Million |
| 2023 | 4.54% | 7.05% | 0.56x | 1.16x | CN¥-49.39 Million |
| 2024 | 3.25% | 5.75% | 0.50x | 1.13x | CN¥-60.85 Million |
| 2025 | 1.83% | 3.27% | 0.48x | 1.16x | CN¥-74.21 Million |
Industry Comparison
This section compares Changzhou Xiangming Intelligent Drive System Corporation's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,014,434,097
- Average return on equity (ROE) among peers: 5.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changzhou Xiangming Intelligent Drive System Corporation (301226) | CN¥912.42 Million | 12.92% | 0.18x | $453.74 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $366.92 Million | 3.64% | 0.55x | $296.91 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $199.24 Million | -4.85% | 1.54x | $1.18 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.60 Billion | 7.58% | 0.51x | $416.88 Million |
| CPT Technology Group Co Ltd (000536) | $-13.94 Million | 0.00% | 0.00x | $1.25 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.20 Billion | 3.33% | 0.49x | $5.60 Billion |
| Xiamen Xindeco Ltd (000701) | $2.21 Billion | 7.29% | 3.76x | $587.42 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $24.63 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $864.90 Million | 10.14% | 0.49x | $2.88 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.37 Billion | 6.78% | 0.23x | $1.83 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.83 Billion | 11.00% | 0.55x | $3.28 Billion |
About Changzhou Xiangming Intelligent Drive System Corporation
Changzhou Xiangming Intelligent Drive System Corporation engages in the research and development, production, and sale of micro motors, fans, and intelligent components in China. The company offers AC asynchronous motors, DC brushed motors, DC brushless motors; forward-curved centrifugal fans, backward-curved centrifugal fans, cross-flow fans, axial fans, and special customized fans; mini compres… Read more