Ningbo Bird Co Ltd

SHG:600130 China Communication Equipment
Market Cap
$467.14 Million
CN¥3.43 Billion CNY
Market Cap Rank
#11602 Global
#2773 in China
Share Price
CN¥4.57
Change (1 day)
-1.08%
52-Week Range
CN¥2.50 - CN¥4.75
All Time High
CN¥12.05
Categories
Companies in China Communication Equipment Technology AI & Machine Learning
About

Ningbo Bird Co.,Ltd. researches, develops, produces, and sells mobile phones, palm computers, system equipment, and motherboards in China. It provides Android, bar, qwerty, and clamshell phones; and tablets. The company exports its products to approximately 60 countries, including France, Italy, other European countries, Russia, India, Mexico, Brazil, and internationally. Ningbo Bird Co.,Ltd. was… Read more

Ningbo Bird Co Ltd (600130) - Net Assets

Latest net assets as of September 2025: CN¥1.02 Billion CNY

Based on the latest financial reports, Ningbo Bird Co Ltd (600130) has net assets worth CN¥1.02 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.18 Billion) and total liabilities (CN¥158.64 Million). 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¥1.02 Billion
% of Total Assets 86.59%
Annual Growth Rate 11.35%
5-Year Change 7.7%
10-Year Change 6.52%
Growth Volatility 69.86

Ningbo Bird Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Ningbo Bird Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ningbo Bird Co Ltd (1997–2024)

The table below shows the annual net assets of Ningbo Bird Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.03 Billion -3.56%
2023-12-31 CN¥1.07 Billion +1.65%
2022-12-31 CN¥1.05 Billion +2.75%
2021-12-31 CN¥1.02 Billion +6.92%
2020-12-31 CN¥954.08 Million +5.60%
2019-12-31 CN¥903.48 Million +3.18%
2018-12-31 CN¥875.66 Million +3.90%
2017-12-31 CN¥842.76 Million -15.32%
2016-12-31 CN¥995.18 Million +3.17%
2015-12-31 CN¥964.64 Million +7.36%
2014-12-31 CN¥898.53 Million +9.02%
2013-12-31 CN¥824.19 Million +9.01%
2012-12-31 CN¥756.07 Million +9.96%
2011-12-31 CN¥687.56 Million +9.65%
2010-12-31 CN¥627.03 Million +7.28%
2009-12-31 CN¥584.50 Million +2.77%
2008-12-31 CN¥568.77 Million -26.03%
2007-12-31 CN¥768.96 Million -44.74%
2006-12-31 CN¥1.39 Billion +0.87%
2005-12-31 CN¥1.38 Billion -27.30%
2004-12-31 CN¥1.90 Billion +46.25%
2003-12-31 CN¥1.30 Billion +26.60%
2002-12-31 CN¥1.02 Billion +20.20%
2001-12-31 CN¥852.67 Million +5.83%
2000-12-31 CN¥805.74 Million +339.29%
1999-12-31 CN¥183.42 Million +33.74%
1998-12-31 CN¥137.15 Million +143.05%
1997-12-31 CN¥56.43 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ningbo Bird 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 decreased by 1020.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥750.00 Million 77.93%
Other Comprehensive Income CN¥109.50 Million 11.38%
Other Components CN¥379.97 Million 39.48%
Total Equity CN¥962.35 Million 100.00%

Ningbo Bird Co Ltd Competitors by Market Cap

The table below lists competitors of Ningbo Bird Co Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
 		$384.36 Million
Yongan Futures Co.Ltd.
SHG:600927
 		$384.47 Million
Changchai Co Ltd
SHE:000570
 		$384.56 Million
North Long Dragon New Materials Technology Co. Ltd. A
SHE:301357
 		$384.74 Million
DLG Exhibitions & Events Corp Ltd
SHG:600826
 		$384.19 Million
Hunting PLC
PINK:HNTIF
 		$384.12 Million
Huaxia Eye Hospital Group Co. Ltd. A
SHE:301267
 		$384.04 Million
Suzhou Delphi Laser Co. Ltd. A
SHG:688170
 		$384.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ningbo Bird Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,012,814,135 to 962,346,299, a change of -50,467,836 (-5.0%).
  • Net income of 5,111,062 contributed positively to equity growth.
  • Dividend payments of 46,325 reduced retained earnings.
  • Share repurchases of 55,495,555 reduced equity.
  • Other comprehensive income increased equity by 104,777,683.
  • Other factors decreased equity by 104,814,701.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥5.11 Million +0.53%
Dividends Paid CN¥46.33K -0.0%
Share Repurchases CN¥55.50 Million -5.77%
Other Comprehensive Income CN¥104.78 Million +10.89%
Other Changes CN¥-104.81 Million -10.89%
Total Change CN¥- -4.98%

Book Value vs Market Value Analysis

This analysis compares Ningbo Bird 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: 2.43x
  • 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 68.09x to 2.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.07 CN¥4.57 x
1998-12-31 CN¥0.13 CN¥4.57 x
1999-12-31 CN¥0.18 CN¥4.57 x
2000-12-31 CN¥0.96 CN¥4.57 x
2001-12-31 CN¥0.99 CN¥4.57 x
2002-12-31 CN¥2.59 CN¥4.57 x
2003-12-31 CN¥3.32 CN¥4.57 x
2004-12-31 CN¥4.85 CN¥4.57 x
2005-12-31 CN¥3.51 CN¥4.57 x
2006-12-31 CN¥1.61 CN¥4.57 x
2007-12-31 CN¥0.98 CN¥4.57 x
2008-12-31 CN¥0.75 CN¥4.57 x
2009-12-31 CN¥0.74 CN¥4.57 x
2010-12-31 CN¥0.89 CN¥4.57 x
2011-12-31 CN¥0.91 CN¥4.57 x
2012-12-31 CN¥0.99 CN¥4.57 x
2013-12-31 CN¥1.09 CN¥4.57 x
2014-12-31 CN¥1.21 CN¥4.57 x
2015-12-31 CN¥0.90 CN¥4.57 x
2016-12-31 CN¥1.29 CN¥4.57 x
2017-12-31 CN¥1.10 CN¥4.57 x
2018-12-31 CN¥1.06 CN¥4.57 x
2019-12-31 CN¥1.18 CN¥4.57 x
2020-12-31 CN¥1.22 CN¥4.57 x
2021-12-31 CN¥1.28 CN¥4.57 x
2022-12-31 CN¥1.30 CN¥4.57 x
2023-12-31 CN¥1.45 CN¥4.57 x
2024-12-31 CN¥1.88 CN¥4.57 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningbo Bird 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): 0.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.42%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 1.25x
  • Recent ROE (0.53%) is below the historical average (4.60%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 74.78% 35.14% 0.94x 2.26x CN¥36.56 Million
1998 41.13% 21.98% 0.58x 3.24x CN¥34.59 Million
1999 31.19% 11.23% 0.86x 3.22x CN¥32.69 Million
2000 5.46% 4.71% 0.76x 1.53x CN¥-36.62 Million
2001 8.18% 2.60% 1.50x 2.09x CN¥-15.12 Million
2002 21.76% 3.39% 1.67x 3.84x CN¥116.68 Million
2003 19.25% 2.26% 2.75x 3.10x CN¥117.76 Million
2004 11.16% 2.02% 2.01x 2.74x CN¥21.54 Million
2005 -35.03% -5.21% 2.15x 3.12x CN¥-605.71 Million
2006 2.26% 0.45% 1.98x 2.51x CN¥-104.76 Million
2007 -78.44% -12.99% 1.92x 3.14x CN¥-669.32 Million
2008 -29.41% -8.26% 1.93x 1.84x CN¥-224.17 Million
2009 2.69% 1.36% 1.16x 1.70x CN¥-42.73 Million
2010 6.74% 4.09% 1.15x 1.44x CN¥-20.44 Million
2011 8.75% 10.13% 0.66x 1.31x CN¥-8.60 Million
2012 9.06% 6.38% 1.14x 1.25x CN¥-7.09 Million
2013 8.25% 5.08% 1.24x 1.31x CN¥-14.45 Million
2014 8.27% 4.64% 1.33x 1.34x CN¥-15.50 Million
2015 6.32% 3.19% 1.39x 1.43x CN¥-35.48 Million
2016 3.10% 0.97% 2.23x 1.44x CN¥-68.71 Million
2017 -18.12% -9.43% 1.53x 1.26x CN¥-236.98 Million
2018 3.78% 5.45% 0.58x 1.20x CN¥-54.46 Million
2019 3.09% 5.20% 0.52x 1.15x CN¥-62.43 Million
2020 3.66% 4.80% 0.57x 1.33x CN¥-59.50 Million
2021 5.84% 7.27% 0.64x 1.26x CN¥-40.83 Million
2022 3.25% 6.08% 0.45x 1.20x CN¥-67.39 Million
2023 1.38% 3.34% 0.35x 1.19x CN¥-87.33 Million
2024 0.53% 1.42% 0.30x 1.25x CN¥-91.12 Million

Industry Comparison

This section compares Ningbo Bird Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $1,573,613,146
  • Average return on equity (ROE) among peers: 12.49%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ningbo Bird Co Ltd (600130) CN¥1.02 Billion 74.78% 0.15x $384.22 Million
Addsino Co Ltd (000547) $459.32 Million -8.36% 1.39x $3.78 Billion
Sichuan Huiyuan Optical Com (000586) $184.09 Million 30.13% 1.87x $241.69 Million
PetroChina Jinhong Energy Investment Co Ltd (000669) $4.37 Billion 7.22% 1.20x $346.82 Million
Skyworth Digital Co Ltd (000810) $4.56 Billion 9.25% 1.46x $692.30 Million
Gohigh Data Networks Technology Co Ltd (000851) $367.40 Million 0.91% 0.54x $51.64 Million
Shenzhen Coship Electronics Co Ltd (002052) $786.42 Million 13.77% 1.77x $857.30 Million
Sunwave Communications Co Ltd (002115) $2.57 Billion 0.68% 0.81x $1.17 Billion
Invengo Information Technology Co Ltd (002161) $390.74 Million 13.95% 0.23x $668.37 Million
Bus Online Co Ltd (002188) $112.36 Million 54.84% 1.24x $193.28 Million
Wuhan Fingu Electronic Technology Co Ltd (002194) $1.94 Billion 2.51% 0.18x $656.36 Million