Guangdong Mingyang Electric Co. Ltd. A Net Assets
Guangdong Mingyang Electric Co. Ltd. A net assets. Based on the latest financial reports, Guangdong Mingyang Electric Co. Ltd. A (301291) has net assets worth CN¥5.23 Billion CNY (≈ $764.62 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¥9.84 Billion ≈ $1.44 Billion USD) and total liabilities (CN¥4.61 Billion ≈ $674.76 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 301291 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.23 Billion |
| % of Total Assets | 53.12% |
| Annual Growth Rate | 63.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 137.18 |
Net Assets of Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
Net assets of Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025. This chart illustrates how Guangdong Mingyang Electric Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See how leveraged is Guangdong Mingyang Electric Co. Ltd. A's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
The table below shows the annual net assets of Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025. For live market cap and overall valuation, see Guangdong Mingyang Electric Co. Ltd. A (301291) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.04 Billion ≈ $736.79 Million |
+7.77% |
| 2024-12-31 | CN¥4.67 Billion ≈ $683.66 Million |
+10.75% |
| 2023-12-31 | CN¥4.22 Billion ≈ $617.28 Million |
+334.52% |
| 2022-12-31 | CN¥970.80 Million ≈ $142.06 Million |
+38.24% |
| 2021-12-31 | CN¥702.26 Million ≈ $102.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Mingyang Electric Co. Ltd. A'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 601.8% over the analyzed period, indicating profitable operations and earnings retention.
Guangdong Mingyang Electric Co. Ltd. A Net Assets Breakdown (December 2025)
Guangdong Mingyang Electric Co. Ltd. A net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.65 Billion | 32.69% |
| Other Components | CN¥3.39 Billion | 67.31% |
| Total Equity | CN¥5.04 Billion | 100.00% |
Guangdong Mingyang Electric Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Guangdong Mingyang Electric Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zymeworks Inc. Common Stock
NASDAQ:ZYME
|
$1.79 Billion |
|
OVH Groupe SAS
PA:OVH
|
$1.79 Billion |
|
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
|
$1.79 Billion |
|
Aerospace Auto
SHG:600151
|
$1.79 Billion |
|
Fidelis Insurance Holdings Limited
NYSE:FIHL
|
$1.79 Billion |
|
Flight Centre Travel Group Ltd
AU:FLT
|
$1.79 Billion |
|
Sopharma AD
WAR:SPH
|
$1.79 Billion |
|
Thaifoods Group Public Company Limited
BK:TFG-R
|
$1.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Mingyang Electric Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,671,981,904 to 5,035,077,293, a change of 363,095,390 (7.8%).
- Net income of 588,290,773 contributed positively to equity growth.
- Dividend payments of 247,771,889 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥588.29 Million | +11.68% |
| Dividends Paid | CN¥247.77 Million | -4.92% |
| Other Changes | CN¥22.58 Million | +0.45% |
| Total Change | CN¥- | 7.77% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Mingyang Electric Co. Ltd. A'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: 2.41x
- 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 12.96x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.00 | CN¥38.87 | x |
| 2022-12-31 | CN¥4.15 | CN¥38.87 | x |
| 2023-12-31 | CN¥13.51 | CN¥38.87 | x |
| 2024-12-31 | CN¥14.96 | CN¥38.87 | x |
| 2025-12-31 | CN¥16.13 | CN¥38.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Mingyang Electric Co. Ltd. A 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): 11.68%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.51%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.87x
- Recent ROE (11.68%) is below the historical average (17.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 22.98% | 7.95% | 0.77x | 3.75x | CN¥91.16 Million |
| 2022 | 27.33% | 8.20% | 0.85x | 3.91x | CN¥168.21 Million |
| 2023 | 11.74% | 9.96% | 0.63x | 1.86x | CN¥73.33 Million |
| 2024 | 14.18% | 10.28% | 0.69x | 2.00x | CN¥195.32 Million |
| 2025 | 11.68% | 8.51% | 0.73x | 1.87x | CN¥84.78 Million |
Industry Comparison
This section compares Guangdong Mingyang Electric Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,106,825,807
- Average return on equity (ROE) among peers: 10.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Mingyang Electric Co. Ltd. A (301291) | CN¥5.23 Billion | 22.98% | 0.88x | $1.79 Billion |
| XJ Electric Co Ltd (000400) | $10.16 Billion | 7.13% | 0.74x | $3.67 Billion |
| Guangdong Macro Co Ltd (000533) | $971.33 Million | 13.39% | 1.48x | $897.66 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $896.07 Million |
| Dongfang Electronics Co Ltd (000682) | $1.11 Billion | 27.28% | 0.16x | $1.94 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $194.12 Million | 25.93% | 1.72x | $582.87 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.54 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.15 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.09 Billion | 17.92% | 0.33x | $13.11 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.06 Million | -9.17% | 0.66x | $487.83 Million |
| Gotion High tech Co Ltd (002074) | $29.90 Billion | 4.04% | 2.61x | $6.41 Billion |
About Guangdong Mingyang Electric Co. Ltd. A
Guangdong Mingyang Electric Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of power transmission, distribution, and control equipment in China and internationally. The company offers intelligent switchgear products, including medium- and low-voltage products, gas-insulated switchgears, and high-voltage products; dry-type, liquid-immersed, low-… Read more