Shaanxi Aerospace Power Hi-Tech Co Ltd (600343) - Net Assets

Latest as of December 2025: CN¥1.58 Billion CNY ≈ $230.59 Million USD

Based on the latest financial reports, Shaanxi Aerospace Power Hi-Tech Co Ltd (600343) has net assets worth CN¥1.58 Billion CNY (≈ $230.59 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.12 Billion ≈ $456.81 Million USD) and total liabilities (CN¥1.55 Billion ≈ $226.22 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 asset resilience ratio of Shaanxi Aerospace Power Hi-Tech Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.58 Billion
% of Total Assets	50.48%
Annual Growth Rate	10.63%
5-Year Change	-27.19%
10-Year Change	-40.59%
Growth Volatility	43.19

Shaanxi Aerospace Power Hi-Tech Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Shaanxi Aerospace Power Hi-Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600343 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Shaanxi Aerospace Power Hi-Tech Co Ltd (2000–2025)

The table below shows the annual net assets of Shaanxi Aerospace Power Hi-Tech Co Ltd from 2000 to 2025. For live valuation and market cap data, see 600343 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥1.58 Billion ≈ $230.59 Million	+5.62%
2024-12-31	CN¥1.49 Billion ≈ $218.32 Million	-11.47%
2023-12-31	CN¥1.69 Billion ≈ $246.61 Million	-12.04%
2022-12-31	CN¥1.92 Billion ≈ $280.37 Million	-11.47%
2021-12-31	CN¥2.16 Billion ≈ $316.70 Million	-11.49%
2020-12-31	CN¥2.45 Billion ≈ $357.81 Million	-5.43%
2019-12-31	CN¥2.59 Billion ≈ $378.36 Million	-4.48%
2018-12-31	CN¥2.71 Billion ≈ $396.10 Million	+1.24%
2017-12-31	CN¥2.67 Billion ≈ $391.24 Million	+0.79%
2016-12-31	CN¥2.65 Billion ≈ $388.16 Million	-0.90%
2015-12-31	CN¥2.68 Billion ≈ $391.68 Million	+2.05%
2014-12-31	CN¥2.62 Billion ≈ $383.80 Million	+1.62%
2013-12-31	CN¥2.58 Billion ≈ $377.69 Million	+65.38%
2012-12-31	CN¥1.56 Billion ≈ $228.37 Million	+4.83%
2011-12-31	CN¥1.49 Billion ≈ $217.86 Million	+17.60%
2010-12-31	CN¥1.27 Billion ≈ $185.26 Million	+136.56%
2009-12-31	CN¥535.17 Million ≈ $78.31 Million	+3.80%
2008-12-31	CN¥515.56 Million ≈ $75.44 Million	-2.77%
2007-12-31	CN¥530.24 Million ≈ $77.59 Million	+13.26%
2006-12-31	CN¥468.15 Million ≈ $68.51 Million	+8.61%
2005-12-31	CN¥431.04 Million ≈ $63.07 Million	+0.98%
2004-12-31	CN¥426.87 Million ≈ $62.46 Million	+6.30%
2003-12-31	CN¥401.57 Million ≈ $58.76 Million	+168.14%
2002-12-31	CN¥149.76 Million ≈ $21.91 Million	-1.46%
2001-12-31	CN¥151.97 Million ≈ $22.24 Million	+20.65%
2000-12-31	CN¥125.96 Million ≈ $18.43 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shaanxi Aerospace Power Hi-Tech 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 15815.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥1.92 Billion	148.33%
Total Equity	CN¥1.29 Billion	100.00%

Shaanxi Aerospace Power Hi-Tech Co Ltd Competitors by Market Cap

The table below lists competitors of Shaanxi Aerospace Power Hi-Tech Co Ltd ranked by their market capitalization.

Company	Market Cap
PTT GLBL CHEM.-NVDR- BA10 F:GCB1	$3.22 Billion
Acter Co Ltd TWO:5536	$3.23 Billion
Tegna Inc NYSE:TGNA	$3.23 Billion
Peabody Energy Corp NYSE:BTU	$3.23 Billion
NewAmsterdam Pharma Company N.V. Ordinary Shares NASDAQ:NAMS	$3.22 Billion
SKC Co. Ltd KO:011790	$3.22 Billion
Hiab B HE:HIAB	$3.22 Billion
NovaGold Resources Inc TO:NG	$3.22 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shaanxi Aerospace Power Hi-Tech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,463,037,355 to 1,294,863,876, a change of -168,173,479 (-11.5%).
Net loss of 192,580,431 reduced equity.
Dividend payments of 9,847,555 reduced retained earnings.
Other comprehensive income decreased equity by 108,555,196.
Other factors increased equity by 142,809,703.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-192.58 Million	-14.87%
Dividends Paid	CN¥9.85 Million	-0.76%
Other Comprehensive Income	CN¥-108.56 Million	-8.38%
Other Changes	CN¥142.81 Million	+11.03%
Total Change	CN¥-	-11.49%

Book Value vs Market Value Analysis

This analysis compares Shaanxi Aerospace Power Hi-Tech 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: 17.01x
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 decreased from 109.65x to 17.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CN¥0.31	CN¥34.52	x
2001-12-31	CN¥0.37	CN¥34.52	x
2002-12-31	CN¥0.37	CN¥34.52	x
2003-12-31	CN¥1.00	CN¥34.52	x
2004-12-31	CN¥1.05	CN¥34.52	x
2005-12-31	CN¥1.05	CN¥34.52	x
2006-12-31	CN¥1.04	CN¥34.52	x
2007-12-31	CN¥1.15	CN¥34.52	x
2008-12-31	CN¥1.13	CN¥34.52	x
2009-12-31	CN¥1.29	CN¥34.52	x
2010-12-31	CN¥2.43	CN¥34.52	x
2011-12-31	CN¥2.24	CN¥34.52	x
2012-12-31	CN¥2.37	CN¥34.52	x
2013-12-31	CN¥3.62	CN¥34.52	x
2014-12-31	CN¥3.55	CN¥34.52	x
2015-12-31	CN¥3.48	CN¥34.52	x
2016-12-31	CN¥3.44	CN¥34.52	x
2017-12-31	CN¥3.42	CN¥34.52	x
2018-12-31	CN¥3.46	CN¥34.52	x
2019-12-31	CN¥3.28	CN¥34.52	x
2020-12-31	CN¥3.37	CN¥34.52	x
2021-12-31	CN¥2.96	CN¥34.52	x
2022-12-31	CN¥2.92	CN¥34.52	x
2023-12-31	CN¥2.58	CN¥34.52	x
2024-12-31	CN¥2.29	CN¥34.52	x
2025-12-31	CN¥2.03	CN¥34.52	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shaanxi Aerospace Power Hi-Tech 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): -14.87%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -23.38%
• Asset Turnover: 0.26x
• Equity Multiplier: 2.41x
Recent ROE (-14.87%) is below the historical average (1.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	10.44%	23.24%	0.31x	1.43x	CN¥559.79K
2001	14.98%	24.35%	0.37x	1.68x	CN¥7.37 Million
2002	15.07%	21.41%	0.34x	2.05x	CN¥7.41 Million
2003	5.86%	22.07%	0.19x	1.37x	CN¥-16.47 Million
2004	4.89%	14.27%	0.25x	1.39x	CN¥-21.40 Million
2005	5.08%	11.58%	0.28x	1.57x	CN¥-20.75 Million
2006	4.71%	7.37%	0.36x	1.79x	CN¥-23.33 Million
2007	7.19%	8.86%	0.40x	2.02x	CN¥-13.44 Million
2008	3.32%	3.33%	0.49x	2.03x	CN¥-31.29 Million
2009	3.97%	4.14%	0.45x	2.15x	CN¥-29.45 Million
2010	2.28%	4.05%	0.31x	1.79x	CN¥-81.86 Million
2011	5.12%	4.48%	0.47x	2.45x	CN¥-52.54 Million
2012	5.00%	4.55%	0.44x	2.50x	CN¥-56.81 Million
2013	3.32%	5.13%	0.37x	1.77x	CN¥-143.26 Million
2014	2.82%	4.67%	0.33x	1.84x	CN¥-155.95 Million
2015	2.24%	3.32%	0.37x	1.84x	CN¥-172.40 Million
2016	1.35%	1.64%	0.41x	1.99x	CN¥-189.66 Million
2017	0.72%	0.86%	0.42x	1.99x	CN¥-202.55 Million
2018	1.04%	1.22%	0.42x	2.04x	CN¥-197.64 Million
2019	-3.90%	-3.08%	0.58x	2.19x	CN¥-291.15 Million
2020	1.28%	2.21%	0.32x	1.83x	CN¥-187.35 Million
2021	-13.65%	-21.04%	0.33x	1.94x	CN¥-446.93 Million
2022	-2.15%	-3.13%	0.41x	1.69x	CN¥-226.04 Million
2023	-11.87%	-21.70%	0.29x	1.91x	CN¥-359.98 Million
2024	-12.80%	-20.23%	0.31x	2.05x	CN¥-333.53 Million
2025	-14.87%	-23.38%	0.26x	2.41x	CN¥-322.07 Million

Industry Comparison

This section compares Shaanxi Aerospace Power Hi-Tech 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: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shaanxi Aerospace Power Hi-Tech Co Ltd (600343)	CN¥1.58 Billion	10.44%	0.98x	$3.22 Billion
Huayi Compressor Co Ltd (000404)	$4.89 Billion	8.55%	1.57x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$824.03 Million	-170.30%	29.09x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$319.51 Million	4.81%	0.48x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$3.45 Billion	2.58%	0.60x	$520.37 Million
Changchai Co Ltd (000570)	$3.36 Billion	2.28%	0.55x	$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)	$746.32 Million	-18.39%	0.62x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$280.92 Million	8.98%	0.50x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.30 Billion	-22.46%	1.14x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About Shaanxi Aerospace Power Hi-Tech Co Ltd

SHG:600343 China Specialty Industrial Machinery

Market Cap

$3.22 Billion

CN¥22.03 Billion CNY

Market Cap Rank

#4727 Global

#872 in China

Share Price

CN¥34.52

Change (1 day)

+3.79%

52-Week Range

CN¥10.98 - CN¥49.60

All Time High

CN¥49.60