Nuode Investment Co Ltd (600110) - Net Assets
Based on the latest financial reports, Nuode Investment Co Ltd (600110) has net assets worth CN¥7.46 Billion CNY (≈ $1.09 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.47 Billion ≈ $2.56 Billion USD) and total liabilities (CN¥10.02 Billion ≈ $1.47 Billion 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 600110 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.46 Billion |
| % of Total Assets | 42.67% |
| Annual Growth Rate | 18.03% |
| 5-Year Change | 111.4% |
| 10-Year Change | 281.47% |
| Growth Volatility | 34.16 |
Nuode Investment Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Nuode Investment Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Nuode Investment Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Nuode Investment Co Ltd (1994–2024)
The table below shows the annual net assets of Nuode Investment Co Ltd from 1994 to 2024. For live valuation and market cap data, see 600110 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.21 Billion ≈ $1.06 Billion |
-5.60% |
| 2023-12-31 | CN¥7.64 Billion ≈ $1.12 Billion |
-1.37% |
| 2022-12-31 | CN¥7.75 Billion ≈ $1.13 Billion |
+101.76% |
| 2021-12-31 | CN¥3.84 Billion ≈ $561.93 Million |
+12.54% |
| 2020-12-31 | CN¥3.41 Billion ≈ $499.31 Million |
+44.66% |
| 2019-12-31 | CN¥2.36 Billion ≈ $345.17 Million |
-3.94% |
| 2018-12-31 | CN¥2.46 Billion ≈ $359.34 Million |
+4.03% |
| 2017-12-31 | CN¥2.36 Billion ≈ $345.43 Million |
+10.21% |
| 2016-12-31 | CN¥2.14 Billion ≈ $313.42 Million |
+13.27% |
| 2015-12-31 | CN¥1.89 Billion ≈ $276.70 Million |
+4.87% |
| 2014-12-31 | CN¥1.80 Billion ≈ $263.86 Million |
-12.90% |
| 2013-12-31 | CN¥2.07 Billion ≈ $302.95 Million |
+0.50% |
| 2012-12-31 | CN¥2.06 Billion ≈ $301.44 Million |
-1.78% |
| 2011-12-31 | CN¥2.10 Billion ≈ $306.89 Million |
-5.03% |
| 2010-12-31 | CN¥2.21 Billion ≈ $323.16 Million |
+43.30% |
| 2009-12-31 | CN¥1.54 Billion ≈ $225.52 Million |
+4.18% |
| 2008-12-31 | CN¥1.48 Billion ≈ $216.47 Million |
+33.82% |
| 2007-12-31 | CN¥1.11 Billion ≈ $161.76 Million |
+30.87% |
| 2006-12-31 | CN¥844.67 Million ≈ $123.60 Million |
+11.44% |
| 2005-12-31 | CN¥757.95 Million ≈ $110.91 Million |
+7.81% |
| 2004-12-31 | CN¥703.05 Million ≈ $102.88 Million |
+5.81% |
| 2003-12-31 | CN¥664.43 Million ≈ $97.23 Million |
+11.76% |
| 2002-12-31 | CN¥594.51 Million ≈ $87.00 Million |
+7.22% |
| 2001-12-31 | CN¥554.47 Million ≈ $81.14 Million |
+47.84% |
| 2000-12-31 | CN¥375.05 Million ≈ $54.88 Million |
+10.62% |
| 1999-12-31 | CN¥339.06 Million ≈ $49.61 Million |
-4.32% |
| 1998-12-31 | CN¥354.37 Million ≈ $51.86 Million |
+11.88% |
| 1997-12-31 | CN¥316.74 Million ≈ $46.35 Million |
+137.09% |
| 1996-12-31 | CN¥133.60 Million ≈ $19.55 Million |
+94.85% |
| 1995-12-31 | CN¥68.56 Million ≈ $10.03 Million |
+37.29% |
| 1994-12-31 | CN¥49.94 Million ≈ $7.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nuode Investment 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 1600.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥192.38 Million | 3.39% |
| Common Stock | CN¥1.74 Billion | 30.55% |
| Other Comprehensive Income | CN¥51.88 Million | 0.91% |
| Other Components | CN¥3.70 Billion | 65.15% |
| Total Equity | CN¥5.68 Billion | 100.00% |
Nuode Investment Co Ltd Competitors by Market Cap
The table below lists competitors of Nuode Investment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ingevity Corp
NYSE:NGVT
|
$2.73 Billion |
|
PT Golden Energy Mines Tbk
JK:GEMS
|
$2.73 Billion |
|
Beijing Highlander Digital Technology Co Ltd
SHE:300065
|
$2.73 Billion |
|
TISCO Financial Group Public Company Limited
BK:TISCO
|
$2.73 Billion |
|
Fastly, Inc. Class A Common Stock
NYSE:FSLY
|
$2.73 Billion |
|
National HealthCare Corporation
NYSE MKT:NHC
|
$2.73 Billion |
|
Aroundtown SA
F:AT1
|
$2.73 Billion |
|
BSP Financial Group Ltd
AU:BFL
|
$2.73 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nuode Investment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,115,440,133 to 5,680,649,325, a change of -434,790,808 (-7.1%).
- Net loss of 351,685,956 reduced equity.
- Dividend payments of 207,987,535 reduced retained earnings.
- Other comprehensive income increased equity by 51,881,313.
- Other factors increased equity by 73,001,370.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-351.69 Million | -6.19% |
| Dividends Paid | CN¥207.99 Million | -3.66% |
| Other Comprehensive Income | CN¥51.88 Million | +0.91% |
| Other Changes | CN¥73.00 Million | +1.29% |
| Total Change | CN¥- | -7.11% |
Book Value vs Market Value Analysis
This analysis compares Nuode Investment 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: 3.28x
- 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 210.44x to 3.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.05 | CN¥10.75 | x |
| 1995-12-31 | CN¥0.07 | CN¥10.75 | x |
| 1996-12-31 | CN¥0.14 | CN¥10.75 | x |
| 1997-12-31 | CN¥0.32 | CN¥10.75 | x |
| 1998-12-31 | CN¥0.36 | CN¥10.75 | x |
| 1999-12-31 | CN¥0.35 | CN¥10.75 | x |
| 2000-12-31 | CN¥0.38 | CN¥10.75 | x |
| 2001-12-31 | CN¥0.57 | CN¥10.75 | x |
| 2002-12-31 | CN¥0.61 | CN¥10.75 | x |
| 2003-12-31 | CN¥0.65 | CN¥10.75 | x |
| 2004-12-31 | CN¥0.71 | CN¥10.75 | x |
| 2005-12-31 | CN¥0.75 | CN¥10.75 | x |
| 2006-12-31 | CN¥0.80 | CN¥10.75 | x |
| 2007-12-31 | CN¥0.87 | CN¥10.75 | x |
| 2008-12-31 | CN¥1.30 | CN¥10.75 | x |
| 2009-12-31 | CN¥1.31 | CN¥10.75 | x |
| 2010-12-31 | CN¥1.88 | CN¥10.75 | x |
| 2011-12-31 | CN¥1.71 | CN¥10.75 | x |
| 2012-12-31 | CN¥1.70 | CN¥10.75 | x |
| 2013-12-31 | CN¥1.73 | CN¥10.75 | x |
| 2014-12-31 | CN¥1.52 | CN¥10.75 | x |
| 2015-12-31 | CN¥1.63 | CN¥10.75 | x |
| 2016-12-31 | CN¥1.63 | CN¥10.75 | x |
| 2017-12-31 | CN¥1.80 | CN¥10.75 | x |
| 2018-12-31 | CN¥1.86 | CN¥10.75 | x |
| 2019-12-31 | CN¥1.75 | CN¥10.75 | x |
| 2020-12-31 | CN¥2.91 | CN¥10.75 | x |
| 2021-12-31 | CN¥2.75 | CN¥10.75 | x |
| 2022-12-31 | CN¥3.62 | CN¥10.75 | x |
| 2023-12-31 | CN¥3.72 | CN¥10.75 | x |
| 2024-12-31 | CN¥3.28 | CN¥10.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nuode Investment 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): -6.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.66%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.84x
- Recent ROE (-6.19%) is below the historical average (6.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 34.38% | 60.41% | 0.41x | 1.40x | CN¥12.18 Million |
| 1995 | 37.07% | 51.59% | 0.33x | 2.19x | CN¥18.56 Million |
| 1996 | 16.87% | 37.24% | 0.30x | 1.51x | CN¥9.17 Million |
| 1997 | 10.02% | 55.35% | 0.13x | 1.37x | CN¥78.21K |
| 1998 | 9.89% | 46.97% | 0.19x | 1.09x | CN¥-380.02K |
| 1999 | 7.48% | 33.93% | 0.17x | 1.31x | CN¥-8.49 Million |
| 2000 | 12.66% | 52.58% | 0.17x | 1.43x | CN¥9.91 Million |
| 2001 | 9.22% | 44.17% | 0.15x | 1.36x | CN¥-4.31 Million |
| 2002 | 8.60% | 23.49% | 0.25x | 1.45x | CN¥-8.30 Million |
| 2003 | 6.73% | 16.26% | 0.28x | 1.45x | CN¥-20.81 Million |
| 2004 | 7.35% | 16.50% | 0.31x | 1.45x | CN¥-18.43 Million |
| 2005 | 4.95% | 12.51% | 0.27x | 1.49x | CN¥-37.01 Million |
| 2006 | 6.31% | 8.94% | 0.46x | 1.53x | CN¥-28.79 Million |
| 2007 | 8.90% | 12.13% | 0.35x | 2.07x | CN¥-9.27 Million |
| 2008 | 2.92% | 4.27% | 0.35x | 1.97x | CN¥-92.78 Million |
| 2009 | 0.47% | 0.86% | 0.24x | 2.27x | CN¥-125.60 Million |
| 2010 | 1.46% | 2.66% | 0.22x | 2.50x | CN¥-174.95 Million |
| 2011 | -3.49% | -5.55% | 0.27x | 2.30x | CN¥-264.37 Million |
| 2012 | 0.26% | 0.34% | 0.29x | 2.68x | CN¥-192.36 Million |
| 2013 | 0.28% | 0.28% | 0.31x | 3.23x | CN¥-193.50 Million |
| 2014 | -15.01% | -13.85% | 0.27x | 3.96x | CN¥-436.77 Million |
| 2015 | 8.59% | 9.14% | 0.31x | 3.06x | CN¥-26.38 Million |
| 2016 | 1.40% | 1.31% | 0.35x | 3.03x | CN¥-161.08 Million |
| 2017 | 9.20% | 7.49% | 0.41x | 3.01x | CN¥-16.63 Million |
| 2018 | 4.55% | 4.19% | 0.32x | 3.41x | CN¥-116.34 Million |
| 2019 | -6.04% | -5.67% | 0.30x | 3.49x | CN¥-323.63 Million |
| 2020 | 0.16% | 0.25% | 0.27x | 2.35x | CN¥-335.83 Million |
| 2021 | 10.55% | 9.11% | 0.51x | 2.27x | CN¥21.08 Million |
| 2022 | 5.61% | 7.48% | 0.34x | 2.23x | CN¥-275.25 Million |
| 2023 | 0.45% | 0.60% | 0.30x | 2.49x | CN¥-584.23 Million |
| 2024 | -6.19% | -6.66% | 0.33x | 2.84x | CN¥-919.75 Million |
Industry Comparison
This section compares Nuode Investment Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,164,821,620
- Average return on equity (ROE) among peers: -27.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nuode Investment Co Ltd (600110) | CN¥7.46 Billion | 34.38% | 1.34x | $2.73 Billion |
| XJ Electric Co Ltd (000400) | $789.62 Million | 13.31% | 0.28x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $3.00 Billion | 13.36% | 0.15x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $967.32 Million | 3.48% | 4.72x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $141.93 Million | 21.53% | 0.30x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $478.86 Million | 17.57% | 0.71x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $170.82 Million | 5.01% | 0.32x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $3.04 Billion | 19.22% | 1.21x | $9.75 Billion |
About Nuode Investment Co Ltd
Nuode New Materials Co.,Ltd. researches and develops, produces, and sells electrolytic copper foils for lithium batteries in China and internationally. The company offers 3.5-8-micron lithium battery, high-frequency and high-speed, elongation, microporous, thick electrolytic, composite, hyper-very low-profile, and high-temperature elongation copper foils, as well as reverse-treated foils for the … Read more