Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) - Net Assets
Based on the latest financial reports, Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) has net assets worth CN¥-41.51 Million CNY (≈ $-6.07 Million 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¥2.23 Billion ≈ $325.74 Million USD) and total liabilities (CN¥2.27 Billion ≈ $331.82 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 financial resilience of Ningxia Xinri Hengli Steel Wire Rope Co to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥-41.51 Million |
| % of Total Assets | -1.86% |
| Annual Growth Rate | 2.86% |
| 5-Year Change | -81.13% |
| 10-Year Change | -76.73% |
| Growth Volatility | 51.42 |
Ningxia Xinri Hengli Steel Wire Rope Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Ningxia Xinri Hengli Steel Wire Rope Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ningxia Xinri Hengli Steel Wire Rope Co (600165) total assets for the complete picture of this company's asset base.
Annual Net Assets for Ningxia Xinri Hengli Steel Wire Rope Co Ltd (1995–2024)
The table below shows the annual net assets of Ningxia Xinri Hengli Steel Wire Rope Co Ltd from 1995 to 2024. For live valuation and market cap data, see how much is Ningxia Xinri Hengli Steel Wire Rope Co worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥240.17 Million ≈ $35.14 Million |
-37.13% |
| 2023-12-31 | CN¥381.99 Million ≈ $55.90 Million |
-57.28% |
| 2022-12-31 | CN¥894.08 Million ≈ $130.83 Million |
-26.91% |
| 2021-12-31 | CN¥1.22 Billion ≈ $178.99 Million |
-3.90% |
| 2020-12-31 | CN¥1.27 Billion ≈ $186.26 Million |
+37.59% |
| 2019-12-31 | CN¥925.11 Million ≈ $135.37 Million |
-6.86% |
| 2018-12-31 | CN¥993.20 Million ≈ $145.34 Million |
-2.65% |
| 2017-12-31 | CN¥1.02 Billion ≈ $149.29 Million |
+13.02% |
| 2016-12-31 | CN¥902.66 Million ≈ $132.09 Million |
-12.55% |
| 2015-12-31 | CN¥1.03 Billion ≈ $151.05 Million |
+11.67% |
| 2014-12-31 | CN¥924.33 Million ≈ $135.26 Million |
-14.99% |
| 2013-12-31 | CN¥1.09 Billion ≈ $159.10 Million |
-0.11% |
| 2012-12-31 | CN¥1.09 Billion ≈ $159.27 Million |
+4.09% |
| 2011-12-31 | CN¥1.05 Billion ≈ $153.02 Million |
+111.49% |
| 2010-12-31 | CN¥494.44 Million ≈ $72.35 Million |
-0.85% |
| 2009-12-31 | CN¥498.70 Million ≈ $72.98 Million |
+0.29% |
| 2008-12-31 | CN¥497.24 Million ≈ $72.76 Million |
+1.84% |
| 2007-12-31 | CN¥488.25 Million ≈ $71.45 Million |
+1.81% |
| 2006-12-31 | CN¥479.55 Million ≈ $70.17 Million |
-31.31% |
| 2005-12-31 | CN¥698.16 Million ≈ $102.16 Million |
+0.58% |
| 2004-12-31 | CN¥694.13 Million ≈ $101.57 Million |
+0.55% |
| 2003-12-31 | CN¥690.31 Million ≈ $101.01 Million |
-1.98% |
| 2002-12-31 | CN¥704.27 Million ≈ $103.06 Million |
+2.92% |
| 2001-12-31 | CN¥684.32 Million ≈ $100.14 Million |
+55.64% |
| 2000-12-31 | CN¥439.68 Million ≈ $64.34 Million |
+5.88% |
| 1999-12-31 | CN¥415.27 Million ≈ $60.77 Million |
+9.16% |
| 1998-12-31 | CN¥380.42 Million ≈ $55.67 Million |
+235.78% |
| 1997-12-31 | CN¥113.29 Million ≈ $16.58 Million |
+1.13% |
| 1996-12-31 | CN¥112.03 Million ≈ $16.39 Million |
+5.75% |
| 1995-12-31 | CN¥105.94 Million ≈ $15.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningxia Xinri Hengli Steel Wire Rope 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 160233311700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥684.88 Million | 953.96% |
| Other Comprehensive Income | CN¥699.08 Million | 973.74% |
| Other Components | CN¥290.16 Million | 404.16% |
| Total Equity | CN¥71.79 Million | 100.00% |
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Competitors by Market Cap
The table below lists competitors of Ningxia Xinri Hengli Steel Wire Rope Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
G-Shank Enterprise Co Ltd
TW:2476
|
$778.02 Million |
|
Jiangsu Jinji Industrial Co Ltd
SHE:300798
|
$778.03 Million |
|
Chongqing QinAn M&E PLC
SHG:603758
|
$778.22 Million |
|
EZTEC Empreendimentos e Participações S.A
SA:EZTC3
|
$778.25 Million |
|
Pony Testing International Group Co
SHE:300887
|
$777.82 Million |
|
MI Technovation Bhd
KLSE:5286
|
$777.64 Million |
|
EST Tools Co Ltd
SHE:300488
|
$777.64 Million |
|
Sunway Co Ltd
SHG:603333
|
$777.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningxia Xinri Hengli Steel Wire Rope Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 167,859,742 to 71,793,481, a change of -96,066,261 (-57.2%).
- Net loss of 538,906,893 reduced equity.
- Dividend payments of 3,653,739 reduced retained earnings.
- Other comprehensive income increased equity by 695,148,013.
- Other factors decreased equity by 248,653,642.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-538.91 Million | -750.63% |
| Dividends Paid | CN¥3.65 Million | -5.09% |
| Other Comprehensive Income | CN¥695.15 Million | +968.26% |
| Other Changes | CN¥-248.65 Million | -346.35% |
| Total Change | CN¥- | -57.23% |
Book Value vs Market Value Analysis
This analysis compares Ningxia Xinri Hengli Steel Wire Rope 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: 31.38x
- 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 increased from 15.84x to 31.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.21 | CN¥3.29 | x |
| 1996-12-31 | CN¥0.22 | CN¥3.29 | x |
| 1997-12-31 | CN¥0.22 | CN¥3.29 | x |
| 1998-12-31 | CN¥0.75 | CN¥3.29 | x |
| 1999-12-31 | CN¥0.81 | CN¥3.29 | x |
| 2000-12-31 | CN¥0.85 | CN¥3.29 | x |
| 2001-12-31 | CN¥1.32 | CN¥3.29 | x |
| 2002-12-31 | CN¥1.37 | CN¥3.29 | x |
| 2003-12-31 | CN¥1.32 | CN¥3.29 | x |
| 2004-12-31 | CN¥1.33 | CN¥3.29 | x |
| 2005-12-31 | CN¥1.34 | CN¥3.29 | x |
| 2006-12-31 | CN¥0.91 | CN¥3.29 | x |
| 2007-12-31 | CN¥0.99 | CN¥3.29 | x |
| 2008-12-31 | CN¥1.00 | CN¥3.29 | x |
| 2009-12-31 | CN¥0.99 | CN¥3.29 | x |
| 2010-12-31 | CN¥0.89 | CN¥3.29 | x |
| 2011-12-31 | CN¥1.60 | CN¥3.29 | x |
| 2012-12-31 | CN¥1.50 | CN¥3.29 | x |
| 2013-12-31 | CN¥1.53 | CN¥3.29 | x |
| 2014-12-31 | CN¥1.35 | CN¥3.29 | x |
| 2015-12-31 | CN¥1.40 | CN¥3.29 | x |
| 2016-12-31 | CN¥1.16 | CN¥3.29 | x |
| 2017-12-31 | CN¥1.26 | CN¥3.29 | x |
| 2018-12-31 | CN¥1.30 | CN¥3.29 | x |
| 2019-12-31 | CN¥1.31 | CN¥3.29 | x |
| 2020-12-31 | CN¥1.40 | CN¥3.29 | x |
| 2021-12-31 | CN¥1.33 | CN¥3.29 | x |
| 2022-12-31 | CN¥0.92 | CN¥3.29 | x |
| 2023-12-31 | CN¥0.25 | CN¥3.29 | x |
| 2024-12-31 | CN¥0.10 | CN¥3.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningxia Xinri Hengli Steel Wire Rope 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): -750.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -156.06%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 30.18x
- Recent ROE (-750.63%) is below the historical average (-33.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 20.66% | 13.75% | 0.75x | 2.00x | CN¥11.29 Million |
| 1996 | 22.04% | 13.72% | 0.75x | 2.15x | CN¥13.49 Million |
| 1997 | 25.46% | 13.91% | 0.78x | 2.35x | CN¥17.52 Million |
| 1998 | 10.53% | 18.41% | 0.43x | 1.34x | CN¥2.01 Million |
| 1999 | 10.52% | 18.45% | 0.37x | 1.53x | CN¥2.14 Million |
| 2000 | 11.53% | 14.93% | 0.43x | 1.79x | CN¥6.65 Million |
| 2001 | 7.45% | 13.46% | 0.33x | 1.66x | CN¥-17.23 Million |
| 2002 | 3.65% | 6.97% | 0.30x | 1.77x | CN¥-44.46 Million |
| 2003 | -4.10% | -5.91% | 0.35x | 1.98x | CN¥-94.87 Million |
| 2004 | 0.86% | 0.90% | 0.47x | 2.04x | CN¥-62.06 Million |
| 2005 | 0.55% | 0.53% | 0.50x | 2.08x | CN¥-64.53 Million |
| 2006 | -7.95% | -4.35% | 0.70x | 2.61x | CN¥-83.27 Million |
| 2007 | 1.09% | 0.51% | 0.78x | 2.76x | CN¥-42.76 Million |
| 2008 | 1.16% | 0.38% | 1.00x | 3.03x | CN¥-42.93 Million |
| 2009 | 1.01% | 0.32% | 0.96x | 3.25x | CN¥-44.01 Million |
| 2010 | -12.43% | -3.33% | 0.90x | 4.17x | CN¥-97.19 Million |
| 2011 | 0.20% | 0.12% | 0.84x | 2.03x | CN¥-96.36 Million |
| 2012 | 4.12% | 2.30% | 0.73x | 2.47x | CN¥-60.36 Million |
| 2013 | 1.07% | 0.63% | 0.69x | 2.47x | CN¥-92.62 Million |
| 2014 | -11.73% | -8.04% | 0.56x | 2.61x | CN¥-200.04 Million |
| 2015 | 4.78% | 4.28% | 0.27x | 4.07x | CN¥-50.25 Million |
| 2016 | -24.10% | -6.89% | 0.83x | 4.20x | CN¥-271.70 Million |
| 2017 | 4.43% | 3.06% | 0.54x | 2.66x | CN¥-48.05 Million |
| 2018 | 1.08% | 1.70% | 0.25x | 2.50x | CN¥-77.67 Million |
| 2019 | -5.79% | -19.59% | 0.12x | 2.50x | CN¥-142.02 Million |
| 2020 | 2.19% | 17.55% | 0.04x | 3.49x | CN¥-74.71 Million |
| 2021 | -3.28% | -15.57% | 0.06x | 3.79x | CN¥-121.29 Million |
| 2022 | -27.03% | -24.97% | 0.21x | 5.21x | CN¥-233.04 Million |
| 2023 | -277.32% | -162.94% | 0.10x | 17.62x | CN¥-482.29 Million |
| 2024 | -750.63% | -156.06% | 0.16x | 30.18x | CN¥-546.09 Million |
Industry Comparison
This section compares Ningxia Xinri Hengli Steel Wire Rope Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $757,076,135
- Average return on equity (ROE) among peers: 17.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) | CN¥-41.51 Million | 20.66% | N/A | $777.94 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $132.89 Million | 13.77% | 0.98x | $508.22 Million |
| Hengyi Petrochemical Co Ltd (000703) | $187.55 Million | -10.77% | 0.62x | $9.61 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.24 Billion | 2.83% | 1.13x | $754.52 Million |
| Luxi Chemical Group Co Ltd (000830) | $2.59 Billion | 8.19% | 3.36x | $4.71 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $92.67 Million | 58.60% | 2.88x | $8.64 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $158.61 Million | 29.32% | 1.96x | $1.21 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $98.99 Million | 29.63% | 2.11x | $1.62 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $583.32 Million |
| Zhejiang Transfar Co Ltd (002010) | $516.04 Million | 15.39% | 0.20x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $790.80 Million | 14.23% | 1.34x | $604.70 Million |
About Ningxia Xinri Hengli Steel Wire Rope Co Ltd
Ningxia Zhongke Biotechnology Co., Ltd. produces and sells coal-based activated carbon and lauric acid products. The company was founded in 1958 and is based in Shizuishan, China.