Qinghaihuading Industrial Co Ltd (600243) - Net Assets

Latest as of September 2025: CN¥693.85 Million CNY ≈ $101.53 Million USD

Based on the latest financial reports, Qinghaihuading Industrial Co Ltd (600243) has net assets worth CN¥693.85 Million CNY (≈ $101.53 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¥1.04 Billion ≈ $152.54 Million USD) and total liabilities (CN¥348.55 Million ≈ $51.00 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 600243 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 600243 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Qinghaihuading Industrial Co Ltd worth.

Year	Net Assets	Change
2024-12-31	CN¥702.62 Million ≈ $102.81 Million	-3.63%
2023-12-31	CN¥729.07 Million ≈ $106.69 Million	-19.70%
2022-12-31	CN¥907.94 Million ≈ $132.86 Million	-16.59%
2021-12-31	CN¥1.09 Billion ≈ $159.28 Million	-5.75%
2020-12-31	CN¥1.15 Billion ≈ $169.01 Million	+4.37%
2019-12-31	CN¥1.11 Billion ≈ $161.94 Million	-28.51%
2018-12-31	CN¥1.55 Billion ≈ $226.52 Million	-17.64%
2017-12-31	CN¥1.88 Billion ≈ $275.05 Million	+1.06%
2016-12-31	CN¥1.86 Billion ≈ $272.17 Million	-3.02%
2015-12-31	CN¥1.92 Billion ≈ $280.65 Million	+132.15%
2014-12-31	CN¥826.15 Million ≈ $120.89 Million	+3.15%
2013-12-31	CN¥800.91 Million ≈ $117.20 Million	+1.26%
2012-12-31	CN¥790.91 Million ≈ $115.74 Million	-5.93%
2011-12-31	CN¥840.80 Million ≈ $123.04 Million	+6.97%
2010-12-31	CN¥785.99 Million ≈ $115.02 Million	+4.20%
2009-12-31	CN¥754.32 Million ≈ $110.38 Million	+49.45%
2008-12-31	CN¥504.72 Million ≈ $73.86 Million	+3.26%
2007-12-31	CN¥488.77 Million ≈ $71.52 Million	+2.36%
2006-12-31	CN¥477.51 Million ≈ $69.87 Million	+4.57%
2005-12-31	CN¥456.65 Million ≈ $66.82 Million	+3.69%
2004-12-31	CN¥440.42 Million ≈ $64.45 Million	+2.47%
2003-12-31	CN¥429.80 Million ≈ $62.89 Million	+4.72%
2002-12-31	CN¥410.41 Million ≈ $60.06 Million	+1.25%
2001-12-31	CN¥405.35 Million ≈ $59.32 Million	+2.52%
2000-12-31	CN¥395.40 Million ≈ $57.86 Million	+169.18%
1999-12-31	CN¥146.89 Million ≈ $21.49 Million	+0.29%
1998-12-31	CN¥146.46 Million ≈ $21.43 Million	+28.14%
1997-12-31	CN¥114.30 Million ≈ $16.73 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
Icelandic Salmon As OL:ISLAX	$267.16 Million
Oncoclinicas do Brasil SA:ONCO3	$267.21 Million
Ledesma SAAI BA:LEDE	$267.27 Million
Pecca Group Bhd KLSE:5271	$267.37 Million
Alector Inc NASDAQ:ALEC	$267.08 Million
ANTENGENE CORP. DL-0001 F:722	$267.00 Million
Kleannara Co Ltd KO:004545	$267.00 Million
Brainchip Holdings Ltd AU:BRN	$267.00 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: 2.92x
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 6.81x to 2.92x 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¥4.16	x
1998-12-31	CN¥0.78	CN¥4.16	x
1999-12-31	CN¥0.79	CN¥4.16	x
2000-12-31	CN¥2.11	CN¥4.16	x
2001-12-31	CN¥2.13	CN¥4.16	x
2002-12-31	CN¥2.15	CN¥4.16	x
2003-12-31	CN¥2.21	CN¥4.16	x
2004-12-31	CN¥2.27	CN¥4.16	x
2005-12-31	CN¥2.35	CN¥4.16	x
2006-12-31	CN¥2.41	CN¥4.16	x
2007-12-31	CN¥2.64	CN¥4.16	x
2008-12-31	CN¥2.60	CN¥4.16	x
2009-12-31	CN¥2.97	CN¥4.16	x
2010-12-31	CN¥3.22	CN¥4.16	x
2011-12-31	CN¥3.10	CN¥4.16	x
2012-12-31	CN¥3.02	CN¥4.16	x
2013-12-31	CN¥2.91	CN¥4.16	x
2014-12-31	CN¥2.73	CN¥4.16	x
2015-12-31	CN¥7.60	CN¥4.16	x
2016-12-31	CN¥3.94	CN¥4.16	x
2017-12-31	CN¥4.19	CN¥4.16	x
2018-12-31	CN¥3.49	CN¥4.16	x
2019-12-31	CN¥2.56	CN¥4.16	x
2020-12-31	CN¥2.62	CN¥4.16	x
2021-12-31	CN¥2.38	CN¥4.16	x
2022-12-31	CN¥2.03	CN¥4.16	x
2023-12-31	CN¥1.65	CN¥4.16	x
2024-12-31	CN¥1.42	CN¥4.16	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: $1,841,842,259
Average return on equity (ROE) among peers: 0.31%

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	$267.15 Million
Huayi Compressor Co Ltd (000404)	$4.62 Billion	6.27%	1.54x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$1.11 Billion	8.63%	3.77x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$3.61 Billion	10.56%	0.36x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$1.13 Billion	6.92%	0.56x	$520.37 Million
Changchai Co Ltd (000570)	$1.31 Billion	18.21%	1.00x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$327.45 Million	-65.69%	8.93x	$32.29 Million
Baota Industry Co Ltd (000595)	$292.46 Million	7.04%	2.58x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$1.36 Billion	7.59%	0.66x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$1.12 Billion	3.00%	0.28x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About Qinghaihuading Industrial Co Ltd

SHG:600243 China Specialty Industrial Machinery

Market Cap

$267.15 Million

CN¥1.83 Billion CNY

Market Cap Rank

#15431 Global

#4631 in China

Share Price

CN¥4.16

Change (1 day)

+3.74%

52-Week Range

CN¥2.42 - CN¥5.79

All Time High

CN¥15.13