AVIC Chengdu Aircraft Co Ltd Class A
AVIC Chengdu Aircraft Company Limited engages in the research, development, manufacture, sale, maintenance, and support of intelligent measurement and control products for the military and civilian fields in China and internationally. The company offers aviation defense equipment; civil aviation products, parts, and accessories; weighing control systems; sensor instruments; aircraft instrument eq… Read more
AVIC Chengdu Aircraft Co Ltd Class A (302132) - Net Assets
Latest net assets as of June 2025: CN¥20.95 Billion CNY
Based on the latest financial reports, AVIC Chengdu Aircraft Co Ltd Class A (302132) has net assets worth CN¥20.95 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¥116.05 Billion) and total liabilities (CN¥95.10 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¥20.95 Billion |
| % of Total Assets | 18.05% |
| Annual Growth Rate | 4.93% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.13 |
AVIC Chengdu Aircraft Co Ltd Class A - Net Assets Trend (2021–2024)
This chart illustrates how AVIC Chengdu Aircraft Co Ltd Class 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 AVIC Chengdu Aircraft Co Ltd Class A (2021–2024)
The table below shows the annual net assets of AVIC Chengdu Aircraft Co Ltd Class A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.54 Billion | +4.79% |
| 2023-12-31 | CN¥2.43 Billion | +3.63% |
| 2022-12-31 | CN¥2.34 Billion | +6.38% |
| 2021-12-31 | CN¥2.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AVIC Chengdu Aircraft Co Ltd Class 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 20.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.42 Billion | 56.63% |
| Other Components | CN¥1.08 Billion | 43.37% |
| Total Equity | CN¥2.50 Billion | 100.00% |
AVIC Chengdu Aircraft Co Ltd Class A Competitors by Market Cap
The table below lists competitors of AVIC Chengdu Aircraft Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daura Capital Corp
V:DUR-P
|
$96.19K |
|
SANDSTORM GOLD
BE:AYS1
|
$96.22K |
|
BTIP39
SA:BTIP39
|
$96.23K |
|
ORVR3F
SA:ORVR3F
|
$96.30K |
|
OSAKA TITANIUM
BE:S5M
|
$96.04K |
|
XAXCX
NASDAQ:XAXCX
|
$95.98K |
|
Leyden SAIC y F
BA:LEID
|
$95.92K |
|
ProCap Acquisition Corp Class A Ordinary Shares
NASDAQ:PCAP
|
$95.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AVIC Chengdu Aircraft Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,385,722,411 to 2,501,160,951, a change of 115,438,540 (4.8%).
- Net income of 112,308,792 contributed positively to equity growth.
- Dividend payments of 16,326,707 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥112.31 Million | +4.49% |
| Dividends Paid | CN¥16.33 Million | -0.65% |
| Other Changes | CN¥19.46 Million | +0.78% |
| Total Change | CN¥- | 4.84% |
Book Value vs Market Value Analysis
This analysis compares AVIC Chengdu Aircraft Co Ltd Class 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: 17.29x
- 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 20.33x to 17.29x 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¥3.60 | CN¥73.19 | x |
| 2022-12-31 | CN¥3.89 | CN¥73.19 | x |
| 2023-12-31 | CN¥4.04 | CN¥73.19 | x |
| 2024-12-31 | CN¥4.23 | CN¥73.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AVIC Chengdu Aircraft Co Ltd Class 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): 4.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.31%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.70x
- Recent ROE (4.49%) is below the historical average (7.85%), 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 | 14.43% | 15.80% | 0.59x | 1.55x | CN¥94.30 Million |
| 2022 | 8.38% | 10.11% | 0.52x | 1.59x | CN¥-37.27 Million |
| 2023 | 4.11% | 5.85% | 0.42x | 1.67x | CN¥-140.41 Million |
| 2024 | 4.49% | 6.31% | 0.42x | 1.70x | CN¥-137.81 Million |
Industry Comparison
This section compares AVIC Chengdu Aircraft Co Ltd Class A's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AVIC Chengdu Aircraft Co Ltd Class A (302132) | CN¥20.95 Billion | 14.43% | 4.54x | $96.13K |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |