Chongqing Millison Technologies Inc. A
Chongqing Millison Technologies INC. engages in the research, development, production, and sale of aluminum alloy precision die castings for the communication and automotive sectors in China. The company's products in the communications field include structural parts, such as 4G and 5G communication base station bodies, and shielding covers; and products in the automotive field comprise engine, t… Read more
Chongqing Millison Technologies Inc. A (301307) - Net Assets
Latest net assets as of June 2025: CN¥2.98 Billion CNY
Based on the latest financial reports, Chongqing Millison Technologies Inc. A (301307) has net assets worth CN¥2.98 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¥7.47 Billion) and total liabilities (CN¥4.50 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¥2.98 Billion |
| % of Total Assets | 39.81% |
| Annual Growth Rate | 32.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 50.16 |
Chongqing Millison Technologies Inc. A - Net Assets Trend (2021–2024)
This chart illustrates how Chongqing Millison Technologies Inc. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chongqing Millison Technologies Inc. A (2021–2024)
The table below shows the annual net assets of Chongqing Millison Technologies Inc. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.08 Billion | -5.65% |
| 2023-12-31 | CN¥3.27 Billion | +110.21% |
| 2022-12-31 | CN¥1.55 Billion | +16.87% |
| 2021-12-31 | CN¥1.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing Millison Technologies Inc. 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 142.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥237.17 Million | 7.71% |
| Other Components | CN¥2.84 Billion | 92.29% |
| Total Equity | CN¥3.08 Billion | 100.00% |
Chongqing Millison Technologies Inc. A Competitors by Market Cap
The table below lists competitors of Chongqing Millison Technologies Inc. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DTR Automotive
KO:007340
|
$519.34 Million |
|
Alliance International Education Leasing Holdings Limited
PINK:ALCIF
|
$519.50 Million |
|
PT Bukit Asam Tbk
F:TBA
|
$519.51 Million |
|
Zhejiang Sunflower Light Energy
SHE:300111
|
$519.61 Million |
|
AFCONS INFRASTRUCTURE LTD
NSE:AFCONS
|
$518.63 Million |
|
Sumitomo Mitsui Construction Co. Ltd
F:72S
|
$518.52 Million |
|
ITE Tech Inc
TW:3014
|
$518.46 Million |
|
Alandsbanken Abp B
HE:ALBBV
|
$518.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Millison Technologies Inc. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,262,946,072 to 3,077,910,461, a change of -185,035,612 (-5.7%).
- Net loss of 163,835,838 reduced equity.
- Dividend payments of 66,700,436 reduced retained earnings.
- Other factors increased equity by 45,500,663.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-163.84 Million | -5.32% |
| Dividends Paid | CN¥66.70 Million | -2.17% |
| Other Changes | CN¥45.50 Million | +1.48% |
| Total Change | CN¥- | -5.67% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Millison Technologies Inc. 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: 2.77x
- 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 4.82x to 2.77x 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¥8.41 | CN¥40.52 | x |
| 2022-12-31 | CN¥7.36 | CN¥40.52 | x |
| 2023-12-31 | CN¥15.49 | CN¥40.52 | x |
| 2024-12-31 | CN¥14.61 | CN¥40.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Millison Technologies Inc. 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): -5.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.48%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.32x
- Recent ROE (-5.32%) is below the historical average (5.19%), 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 | 7.49% | 4.35% | 0.67x | 2.56x | CN¥-33.27 Million |
| 2022 | 14.45% | 7.06% | 0.64x | 3.18x | CN¥68.93 Million |
| 2023 | 4.16% | 4.26% | 0.56x | 1.75x | CN¥-190.42 Million |
| 2024 | -5.32% | -4.48% | 0.51x | 2.32x | CN¥-471.63 Million |
Industry Comparison
This section compares Chongqing Millison Technologies Inc. A's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Millison Technologies Inc. A (301307) | CN¥2.98 Billion | 7.49% | 1.51x | $519.13 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |