Shenzhen iN-Cube Automation Co. Ltd. (301312) - Net Assets
Based on the latest financial reports, Shenzhen iN-Cube Automation Co. Ltd. (301312) has net assets worth CN¥1.21 Billion CNY (≈ $176.47 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.43 Billion ≈ $209.59 Million USD) and total liabilities (CN¥226.36 Million ≈ $33.12 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 301312 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.21 Billion |
| % of Total Assets | 84.2% |
| Annual Growth Rate | 52.52% |
| 5-Year Change | 427.42% |
| 10-Year Change | N/A |
| Growth Volatility | 83.75 |
Shenzhen iN-Cube Automation Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Shenzhen iN-Cube Automation Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 301312 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen iN-Cube Automation Co. Ltd. (2019–2024)
The table below shows the annual net assets of Shenzhen iN-Cube Automation Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see how much is Shenzhen iN-Cube Automation Co. Ltd. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.19 Billion ≈ $174.78 Million |
+2.68% |
| 2023-12-31 | CN¥1.16 Billion ≈ $170.22 Million |
+3.62% |
| 2022-12-31 | CN¥1.12 Billion ≈ $164.28 Million |
+229.92% |
| 2021-12-31 | CN¥340.29 Million ≈ $49.79 Million |
+50.26% |
| 2020-12-31 | CN¥226.46 Million ≈ $33.14 Million |
+56.60% |
| 2019-12-31 | CN¥144.61 Million ≈ $21.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen iN-Cube Automation 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 306.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥289.75 Million | 24.33% |
| Other Components | CN¥901.24 Million | 75.67% |
| Total Equity | CN¥1.19 Billion | 100.00% |
Shenzhen iN-Cube Automation Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shenzhen iN-Cube Automation Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurinia Pharmaceuticals Inc
NASDAQ:AUPH
|
$2.04 Billion |
|
Global Net Lease, Inc.
NYSE:GNL
|
$2.04 Billion |
|
Sigdo Koppers
SN:SK
|
$2.04 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
$2.04 Billion |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
$2.04 Billion |
|
JOYY Inc
NASDAQ:JOYY
|
$2.04 Billion |
|
ARMOUR Residential REIT Inc
NYSE:ARR
|
$2.04 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
$2.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen iN-Cube Automation Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,160,616,165 to 1,190,993,708, a change of 30,377,543 (2.6%).
- Net income of 59,492,397 contributed positively to equity growth.
- Dividend payments of 30,778,255 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥59.49 Million | +5.0% |
| Dividends Paid | CN¥30.78 Million | -2.58% |
| Other Changes | CN¥1.66 Million | +0.14% |
| Total Change | CN¥- | 2.62% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen iN-Cube Automation 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: 11.80x
- 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 24.90x to 11.80x 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¥4.62 | CN¥115.08 | x |
| 2020-12-31 | CN¥3.43 | CN¥115.08 | x |
| 2021-12-31 | CN¥3.72 | CN¥115.08 | x |
| 2022-12-31 | CN¥9.31 | CN¥115.08 | x |
| 2023-12-31 | CN¥9.47 | CN¥115.08 | x |
| 2024-12-31 | CN¥9.76 | CN¥115.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen iN-Cube Automation 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): 5.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.73%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.22x
- Recent ROE (5.00%) is below the historical average (24.26%), 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 | 47.56% | 23.93% | 1.35x | 1.47x | CN¥53.30 Million |
| 2020 | 42.13% | 26.34% | 1.17x | 1.36x | CN¥70.99 Million |
| 2021 | 34.21% | 20.96% | 1.30x | 1.26x | CN¥81.34 Million |
| 2022 | 10.42% | 22.96% | 0.42x | 1.09x | CN¥4.69 Million |
| 2023 | 6.25% | 16.98% | 0.33x | 1.10x | CN¥-43.49 Million |
| 2024 | 5.00% | 10.73% | 0.38x | 1.22x | CN¥-59.61 Million |
Industry Comparison
This section compares Shenzhen iN-Cube Automation 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen iN-Cube Automation Co. Ltd. (301312) | CN¥1.21 Billion | 47.56% | 0.19x | $2.04 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Shenzhen iN-Cube Automation Co. Ltd.
Shenzhen iN-Cube Automation Co., Ltd. engages in the research and development, manufacture, and sale of industrial automation equipment, automation equipment accessories and related technical services in China and internationally. The company offers fully automatic 4-side optical inspection and appearance equipment, mini/micro-LED chip sorter, wafer inspection and sorting machine, fully automatic… Read more