Qinghaihuading Industrial Co Ltd

SHG:600243 China Specialty Industrial Machinery
Market Cap
$204.55 Million
CN¥1.50 Billion CNY
Market Cap Rank
#16124 Global
#4285 in China
Share Price
CN¥3.42
Change (1 day)
+2.09%
52-Week Range
CN¥2.17 - CN¥5.79
All Time High
CN¥15.13
Categories
Companies in China Specialty Industrial Machinery
About

Qinghai Huading Industrial Co., Ltd. engages in the research and development, production, and sale of CNC machine tools, gear boxes, and elevator accessories in China. The company offers vertical and horizontal machining center products and precision transmission key components. Its products are used in the general machinery, engineering machinery, aerospace, automobiles, auto parts, light, and o… Read more

Qinghaihuading Industrial Co Ltd (600243) - Net Assets

Latest net assets as of September 2025: CN¥693.85 Million CNY

Based on the latest financial reports, Qinghaihuading Industrial Co Ltd (600243) has net assets worth CN¥693.85 Million 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¥1.04 Billion) and total liabilities (CN¥348.55 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¥693.85 Million
% of Total Assets 66.56%
Annual Growth Rate 6.96%
5-Year Change -39.17%
10-Year Change -63.37%
Growth Volatility 41.94

Qinghaihuading Industrial Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Qinghaihuading Industrial 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 Qinghaihuading Industrial Co Ltd (1997–2024)

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

Year Net Assets Change
2024-12-31 CN¥702.62 Million -3.63%
2023-12-31 CN¥729.07 Million -19.70%
2022-12-31 CN¥907.94 Million -16.59%
2021-12-31 CN¥1.09 Billion -5.75%
2020-12-31 CN¥1.15 Billion +4.37%
2019-12-31 CN¥1.11 Billion -28.51%
2018-12-31 CN¥1.55 Billion -17.64%
2017-12-31 CN¥1.88 Billion +1.06%
2016-12-31 CN¥1.86 Billion -3.02%
2015-12-31 CN¥1.92 Billion +132.15%
2014-12-31 CN¥826.15 Million +3.15%
2013-12-31 CN¥800.91 Million +1.26%
2012-12-31 CN¥790.91 Million -5.93%
2011-12-31 CN¥840.80 Million +6.97%
2010-12-31 CN¥785.99 Million +4.20%
2009-12-31 CN¥754.32 Million +49.45%
2008-12-31 CN¥504.72 Million +3.26%
2007-12-31 CN¥488.77 Million +2.36%
2006-12-31 CN¥477.51 Million +4.57%
2005-12-31 CN¥456.65 Million +3.69%
2004-12-31 CN¥440.42 Million +2.47%
2003-12-31 CN¥429.80 Million +4.72%
2002-12-31 CN¥410.41 Million +1.25%
2001-12-31 CN¥405.35 Million +2.52%
2000-12-31 CN¥395.40 Million +169.18%
1999-12-31 CN¥146.89 Million +0.29%
1998-12-31 CN¥146.46 Million +28.14%
1997-12-31 CN¥114.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Qinghaihuading Industrial 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 107899007142.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥438.85 Million 68.58%
Other Components CN¥1.29 Billion 201.32%
Total Equity CN¥639.95 Million 100.00%

Qinghaihuading Industrial Co Ltd Competitors by Market Cap

The table below lists competitors of Qinghaihuading Industrial Co Ltd ranked by their market capitalization.

Company Market Cap
Dasheng Times Cultural Investment Co Ltd
SHG:600892
 		$161.20 Million
European Wax Center Inc
NASDAQ:EWCZ
 		$161.26 Million
The Erawan Group Public Company Limited
BK:ERW
 		$161.27 Million
Cub Elecparts Inc
TW:2231
 		$161.28 Million
SEACOR Marine Holdings Inc
NYSE:SMHI
 		$161.18 Million
Valuetronics Holdings Limited
F:GJ7
 		$161.05 Million
Avalo Therapeutics Inc
NASDAQ:AVTX
 		$161.05 Million
Beijing North Star Company Limited
PINK:BEIJF
 		$161.03 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 728,756,338 to 639,953,363, a change of -88,802,975 (-12.2%).
  • Net loss of 89,935,284 reduced equity.
  • Dividend payments of 4,128,679 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-89.94 Million -14.05%
Dividends Paid CN¥4.13 Million -0.65%
Other Changes CN¥5.26 Million +0.82%
Total Change CN¥- -12.19%

Book Value vs Market Value Analysis

This analysis compares Qinghaihuading Industrial 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: 2.40x
  • 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 5.60x to 2.40x 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¥0.61 CN¥3.42 x
1998-12-31 CN¥0.78 CN¥3.42 x
1999-12-31 CN¥0.79 CN¥3.42 x
2000-12-31 CN¥2.11 CN¥3.42 x
2001-12-31 CN¥2.13 CN¥3.42 x
2002-12-31 CN¥2.15 CN¥3.42 x
2003-12-31 CN¥2.21 CN¥3.42 x
2004-12-31 CN¥2.27 CN¥3.42 x
2005-12-31 CN¥2.35 CN¥3.42 x
2006-12-31 CN¥2.41 CN¥3.42 x
2007-12-31 CN¥2.64 CN¥3.42 x
2008-12-31 CN¥2.60 CN¥3.42 x
2009-12-31 CN¥2.97 CN¥3.42 x
2010-12-31 CN¥3.22 CN¥3.42 x
2011-12-31 CN¥3.10 CN¥3.42 x
2012-12-31 CN¥3.02 CN¥3.42 x
2013-12-31 CN¥2.91 CN¥3.42 x
2014-12-31 CN¥2.73 CN¥3.42 x
2015-12-31 CN¥7.60 CN¥3.42 x
2016-12-31 CN¥3.94 CN¥3.42 x
2017-12-31 CN¥4.19 CN¥3.42 x
2018-12-31 CN¥3.49 CN¥3.42 x
2019-12-31 CN¥2.56 CN¥3.42 x
2020-12-31 CN¥2.62 CN¥3.42 x
2021-12-31 CN¥2.38 CN¥3.42 x
2022-12-31 CN¥2.03 CN¥3.42 x
2023-12-31 CN¥1.65 CN¥3.42 x
2024-12-31 CN¥1.42 CN¥3.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Qinghaihuading Industrial 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): -14.05%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -38.01%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 1.54x
  • Recent ROE (-14.05%) is below the historical average (-1.87%), 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 8.01% 4.36% 0.58x 3.16x CN¥-2.28 Million
1998 9.54% 6.82% 0.51x 2.73x CN¥-679.66K
1999 10.81% 7.88% 0.48x 2.87x CN¥1.20 Million
2000 4.76% 8.49% 0.34x 1.66x CN¥-20.71 Million
2001 5.32% 7.62% 0.38x 1.82x CN¥-18.64 Million
2002 3.30% 3.84% 0.48x 1.80x CN¥-26.98 Million
2003 2.60% 2.70% 0.51x 1.90x CN¥-30.62 Million
2004 2.41% 2.34% 0.51x 2.02x CN¥-32.19 Million
2005 2.20% 1.84% 0.58x 2.06x CN¥-34.27 Million
2006 2.91% 1.95% 0.68x 2.19x CN¥-32.00 Million
2007 6.81% 3.83% 0.70x 2.52x CN¥-15.45 Million
2008 5.76% 2.79% 0.81x 2.55x CN¥-21.16 Million
2009 2.02% 1.58% 0.60x 2.14x CN¥-59.77 Million
2010 2.80% 2.07% 0.67x 2.02x CN¥-55.50 Million
2011 1.93% 1.31% 0.56x 2.61x CN¥-63.37 Million
2012 -6.62% -4.22% 0.55x 2.84x CN¥-120.63 Million
2013 2.06% 1.40% 0.49x 3.05x CN¥-58.80 Million
2014 -0.73% -0.48% 0.48x 3.18x CN¥-78.94 Million
2015 0.46% 0.72% 0.35x 1.85x CN¥-172.63 Million
2016 -3.81% -6.91% 0.32x 1.73x CN¥-239.52 Million
2017 1.19% 2.28% 0.31x 1.68x CN¥-154.53 Million
2018 -13.45% -27.14% 0.31x 1.59x CN¥-361.20 Million
2019 -39.18% -62.23% 0.36x 1.74x CN¥-551.76 Million
2020 1.23% 2.22% 0.38x 1.44x CN¥-100.97 Million
2021 -10.33% -16.40% 0.36x 1.76x CN¥-212.59 Million
2022 -18.53% -30.92% 0.39x 1.54x CN¥-254.73 Million
2023 -21.85% -44.73% 0.33x 1.49x CN¥-232.13 Million
2024 -14.05% -38.01% 0.24x 1.54x CN¥-153.93 Million

Industry Comparison

This section compares Qinghaihuading Industrial 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: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Qinghaihuading Industrial Co Ltd (600243) CN¥693.85 Million 8.01% 0.50x $161.19 Million
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million