Inner Mongolia North Hauler Joint Stock Co Ltd
Inner Mongolia North Hauler Joint Stock Co., Ltd. engages in research and development, production, and sales of off-highway mining trucks in China and internationally. It provides spare parts, maintenance contracting, and labor services for mining vehicles, as well as manufacturers machinery. The company also offers mechanical drive trucks, such as standard, coal body, and water tanks; electric d… Read more
Inner Mongolia North Hauler Joint Stock Co Ltd (600262) - Net Assets
Latest net assets as of September 2025: CN¥1.95 Billion CNY
Based on the latest financial reports, Inner Mongolia North Hauler Joint Stock Co Ltd (600262) has net assets worth CN¥1.95 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¥5.22 Billion) and total liabilities (CN¥3.27 Billion). 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¥1.95 Billion |
| % of Total Assets | 37.37% |
| Annual Growth Rate | 10.74% |
| 5-Year Change | 43.63% |
| 10-Year Change | 97.62% |
| Growth Volatility | 68.47 |
Inner Mongolia North Hauler Joint Stock Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Inner Mongolia North Hauler Joint Stock 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 Inner Mongolia North Hauler Joint Stock Co Ltd (1997–2024)
The table below shows the annual net assets of Inner Mongolia North Hauler Joint Stock Co Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.76 Billion | +10.11% |
| 2023-12-31 | CN¥1.60 Billion | +7.90% |
| 2022-12-31 | CN¥1.49 Billion | +7.89% |
| 2021-12-31 | CN¥1.38 Billion | +12.06% |
| 2020-12-31 | CN¥1.23 Billion | +4.10% |
| 2019-12-31 | CN¥1.18 Billion | +2.42% |
| 2018-12-31 | CN¥1.15 Billion | +21.09% |
| 2017-12-31 | CN¥951.57 Million | +4.31% |
| 2016-12-31 | CN¥912.24 Million | +2.16% |
| 2015-12-31 | CN¥892.94 Million | -23.57% |
| 2014-12-31 | CN¥1.17 Billion | +6.81% |
| 2013-12-31 | CN¥1.09 Billion | +5.22% |
| 2012-12-31 | CN¥1.04 Billion | +15.87% |
| 2011-12-31 | CN¥897.18 Million | +13.14% |
| 2010-12-31 | CN¥793.00 Million | +6.41% |
| 2009-12-31 | CN¥745.20 Million | +3.76% |
| 2008-12-31 | CN¥718.18 Million | +2.60% |
| 2007-12-31 | CN¥699.96 Million | +3.05% |
| 2006-12-31 | CN¥679.23 Million | +0.63% |
| 2005-12-31 | CN¥675.00 Million | +13.12% |
| 2004-12-31 | CN¥596.72 Million | +1.07% |
| 2003-12-31 | CN¥590.39 Million | +2.70% |
| 2002-12-31 | CN¥574.89 Million | +0.64% |
| 2001-12-31 | CN¥571.24 Million | +2.17% |
| 2000-12-31 | CN¥559.10 Million | +365.41% |
| 1999-12-31 | CN¥120.13 Million | -1.37% |
| 1998-12-31 | CN¥121.80 Million | +8.33% |
| 1997-12-31 | CN¥112.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inner Mongolia North Hauler Joint Stock 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 2608.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥457.79 Million | 28.08% |
| Common Stock | CN¥170.00 Million | 10.43% |
| Other Comprehensive Income | CN¥633.42 Million | 38.86% |
| Other Components | CN¥368.88 Million | 22.63% |
| Total Equity | CN¥1.63 Billion | 100.00% |
Inner Mongolia North Hauler Joint Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Inner Mongolia North Hauler Joint Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elec-Tech International Co Ltd
SHE:002005
|
$402.60 Million |
|
Xinyaqiang Silicon Chemistry Co Ltd
SHG:603155
|
$402.70 Million |
|
Vontron Technology Co Ltd
SHE:000920
|
$402.70 Million |
|
Lumosa Therapeutics Co. Ltd.
TWO:6535
|
$402.75 Million |
|
BW OFFSHORE LTD. DL 050
F:XY81
|
$402.15 Million |
|
NEW PACIFIC METALS
F:3N7A
|
$402.14 Million |
|
Southern California Bancorp Common Stock
NASDAQ:BCAL
|
$402.10 Million |
|
Chengdu Leejun Industrial Co Ltd
SHE:002651
|
$402.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inner Mongolia North Hauler Joint Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,488,721,000 to 1,630,090,000, a change of 141,369,000 (9.5%).
- Net income of 178,909,000 contributed positively to equity growth.
- Dividend payments of 44,766,000 reduced retained earnings.
- Other comprehensive income increased equity by 624,299,478.
- Other factors decreased equity by 617,073,478.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥178.91 Million | +10.98% |
| Dividends Paid | CN¥44.77 Million | -2.75% |
| Other Comprehensive Income | CN¥624.30 Million | +38.3% |
| Other Changes | CN¥-617.07 Million | -37.86% |
| Total Change | CN¥- | 9.50% |
Book Value vs Market Value Analysis
This analysis compares Inner Mongolia North Hauler Joint Stock 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: 2.81x
- 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 40.74x to 2.81x 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¥0.66 | CN¥26.93 | x |
| 1998-12-31 | CN¥0.72 | CN¥26.93 | x |
| 1999-12-31 | CN¥0.71 | CN¥26.93 | x |
| 2000-12-31 | CN¥3.29 | CN¥26.93 | x |
| 2001-12-31 | CN¥3.36 | CN¥26.93 | x |
| 2002-12-31 | CN¥3.38 | CN¥26.93 | x |
| 2003-12-31 | CN¥3.47 | CN¥26.93 | x |
| 2004-12-31 | CN¥3.51 | CN¥26.93 | x |
| 2005-12-31 | CN¥3.72 | CN¥26.93 | x |
| 2006-12-31 | CN¥3.08 | CN¥26.93 | x |
| 2007-12-31 | CN¥3.78 | CN¥26.93 | x |
| 2008-12-31 | CN¥4.01 | CN¥26.93 | x |
| 2009-12-31 | CN¥4.27 | CN¥26.93 | x |
| 2010-12-31 | CN¥4.58 | CN¥26.93 | x |
| 2011-12-31 | CN¥5.22 | CN¥26.93 | x |
| 2012-12-31 | CN¥6.06 | CN¥26.93 | x |
| 2013-12-31 | CN¥6.53 | CN¥26.93 | x |
| 2014-12-31 | CN¥7.00 | CN¥26.93 | x |
| 2015-12-31 | CN¥5.83 | CN¥26.93 | x |
| 2016-12-31 | CN¥5.84 | CN¥26.93 | x |
| 2017-12-31 | CN¥6.19 | CN¥26.93 | x |
| 2018-12-31 | CN¥6.76 | CN¥26.93 | x |
| 2019-12-31 | CN¥6.94 | CN¥26.93 | x |
| 2020-12-31 | CN¥7.23 | CN¥26.93 | x |
| 2021-12-31 | CN¥7.61 | CN¥26.93 | x |
| 2022-12-31 | CN¥8.13 | CN¥26.93 | x |
| 2023-12-31 | CN¥8.72 | CN¥26.93 | x |
| 2024-12-31 | CN¥9.57 | CN¥26.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inner Mongolia North Hauler Joint Stock 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): 10.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.13%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.59x
- Recent ROE (10.98%) is above the historical average (8.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 24.14% | 10.19% | 0.72x | 3.28x | CN¥15.90 Million |
| 1998 | 23.21% | 10.47% | 0.68x | 3.28x | CN¥16.09 Million |
| 1999 | 32.57% | 14.62% | 0.71x | 3.15x | CN¥27.11 Million |
| 2000 | 6.03% | 14.38% | 0.30x | 1.40x | CN¥-22.17 Million |
| 2001 | 2.89% | 7.24% | 0.27x | 1.48x | CN¥-40.62 Million |
| 2002 | 5.05% | 10.78% | 0.31x | 1.51x | CN¥-28.43 Million |
| 2003 | 2.95% | 5.91% | 0.28x | 1.79x | CN¥-41.60 Million |
| 2004 | 2.62% | 4.34% | 0.31x | 1.97x | CN¥-44.00 Million |
| 2005 | 4.68% | 4.75% | 0.38x | 2.58x | CN¥-33.67 Million |
| 2006 | 3.57% | 3.06% | 0.39x | 2.97x | CN¥-41.44 Million |
| 2007 | 3.97% | 2.05% | 0.55x | 3.50x | CN¥-39.93 Million |
| 2008 | 5.49% | 2.34% | 0.61x | 3.82x | CN¥-30.95 Million |
| 2009 | 6.79% | 2.62% | 0.66x | 3.91x | CN¥-23.19 Million |
| 2010 | 9.38% | 3.84% | 0.60x | 4.07x | CN¥-4.83 Million |
| 2011 | 14.17% | 5.96% | 0.66x | 3.60x | CN¥37.07 Million |
| 2012 | 16.34% | 6.61% | 0.73x | 3.38x | CN¥65.50 Million |
| 2013 | 10.71% | 5.42% | 0.65x | 3.06x | CN¥7.89 Million |
| 2014 | 10.42% | 8.42% | 0.45x | 2.72x | CN¥5.08 Million |
| 2015 | -16.29% | -16.36% | 0.36x | 2.73x | CN¥-261.46 Million |
| 2016 | 1.71% | 1.97% | 0.42x | 2.06x | CN¥-84.03 Million |
| 2017 | 3.55% | 4.20% | 0.44x | 1.94x | CN¥-67.89 Million |
| 2018 | 9.92% | 9.56% | 0.58x | 1.78x | CN¥-971.70K |
| 2019 | 5.31% | 4.42% | 0.58x | 2.06x | CN¥-55.35 Million |
| 2020 | 5.32% | 4.71% | 0.56x | 2.02x | CN¥-57.51 Million |
| 2021 | 7.20% | 5.66% | 0.65x | 1.96x | CN¥-36.23 Million |
| 2022 | 8.59% | 5.32% | 0.80x | 2.01x | CN¥-19.49 Million |
| 2023 | 9.52% | 5.90% | 0.74x | 2.19x | CN¥-7.16 Million |
| 2024 | 10.98% | 6.13% | 0.69x | 2.59x | CN¥15.90 Million |
Industry Comparison
This section compares Inner Mongolia North Hauler Joint Stock Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $4,713,679,816
- Average return on equity (ROE) among peers: 9.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inner Mongolia North Hauler Joint Stock Co Ltd (600262) | CN¥1.95 Billion | 24.14% | 1.68x | $402.30 Million |
| XCMG Construction Machinery Co Ltd (000425) | $20.48 Billion | 1.02% | 1.15x | $11.30 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $737.85 Million | 2.72% | 0.71x | $1.96 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $4.51 Billion | 1.03% | 1.49x | $1.25 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.54 Billion | -0.35% | 0.35x | $528.05 Million |
| Sinotruk Jinan Truck Co Ltd (000951) | $14.59 Billion | 1.46% | 1.36x | $1.65 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $474.72 Million | 1.13% | 1.63x | $610.98 Million |
| Anhui Tuoshan Heavy Industry Co. Ltd. (001226) | $252.67 Million | 34.83% | 1.21x | $123.77 Million |
| Nanchang Mineral Systems Co. Ltd. A (001360) | $569.40 Million | 21.21% | 1.34x | $202.86 Million |
| Sunward Intelligent Equipment Co Ltd (002097) | $163.46 Million | 23.10% | 1.31x | $970.29 Million |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $2.82 Billion | 8.32% | 0.62x | $383.43 Million |