Chengdu Xuguang Electronics Co Ltd

SHG:600353 China Electrical Equipment & Parts
Market Cap
$1.81 Billion
CN¥13.28 Billion CNY
Market Cap Rank
#7205 Global
#1207 in China
Share Price
CN¥16.00
Change (1 day)
-2.32%
52-Week Range
CN¥7.73 - CN¥20.87
All Time High
CN¥20.87
Categories
Companies in China Electrical Equipment & Parts
About

Chengdu Xuguang Electronics Co., Ltd. engages in the manufacture and sale of metal-ceramic triodes and tetrodes and transmitting tubes in China and internationally. The company offers electron tubes, embedded pole, vacuum interrupter, electrical and electronic ceramics, electrical switchgears, and other accessories. It also provides industry heating and laser cutting, metal-ceramic vacuum interru… Read more

Chengdu Xuguang Electronics Co Ltd (600353) - Net Assets

Latest net assets as of September 2025: CN¥1.96 Billion CNY

Based on the latest financial reports, Chengdu Xuguang Electronics Co Ltd (600353) has net assets worth CN¥1.96 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¥3.55 Billion) and total liabilities (CN¥1.58 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¥1.96 Billion
% of Total Assets 55.32%
Annual Growth Rate 11.98%
5-Year Change 56.16%
10-Year Change 65.98%
Growth Volatility 31.13

Chengdu Xuguang Electronics Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how Chengdu Xuguang Electronics 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 Chengdu Xuguang Electronics Co Ltd (1999–2024)

The table below shows the annual net assets of Chengdu Xuguang Electronics Co Ltd from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.92 Billion +3.30%
2023-12-31 CN¥1.85 Billion +5.57%
2022-12-31 CN¥1.76 Billion +28.93%
2021-12-31 CN¥1.36 Billion +11.06%
2020-12-31 CN¥1.23 Billion -5.17%
2019-12-31 CN¥1.29 Billion +9.09%
2018-12-31 CN¥1.19 Billion -3.73%
2017-12-31 CN¥1.23 Billion +1.97%
2016-12-31 CN¥1.21 Billion +4.66%
2015-12-31 CN¥1.15 Billion +15.41%
2014-12-31 CN¥999.95 Million +3.93%
2013-12-31 CN¥962.13 Million +2.13%
2012-12-31 CN¥942.09 Million +25.56%
2011-12-31 CN¥750.34 Million +58.14%
2010-12-31 CN¥474.49 Million +15.84%
2009-12-31 CN¥409.59 Million +4.57%
2008-12-31 CN¥391.71 Million +4.53%
2007-12-31 CN¥374.75 Million +6.64%
2006-12-31 CN¥351.42 Million +3.07%
2005-12-31 CN¥340.96 Million -13.54%
2004-12-31 CN¥394.35 Million +4.00%
2003-12-31 CN¥379.17 Million +6.89%
2002-12-31 CN¥354.74 Million +152.52%
2001-12-31 CN¥140.48 Million +18.52%
2000-12-31 CN¥118.52 Million +4.72%
1999-12-31 CN¥113.18 Million --

Equity Component Analysis

This analysis shows how different components contribute to Chengdu Xuguang Electronics 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 4179.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥675.20 Million 37.16%
Common Stock CN¥831.14 Million 45.75%
Other Components CN¥310.48 Million 17.09%
Total Equity CN¥1.82 Billion 100.00%

Chengdu Xuguang Electronics Co Ltd Competitors by Market Cap

The table below lists competitors of Chengdu Xuguang Electronics Co Ltd ranked by their market capitalization.

Company Market Cap
Anhui Xinlong Electrical Co Ltd
SHE:002298
 		$1.03 Billion
SCHOUW A/S DK 10
F:5RF
 		$1.03 Billion
Iovance Biotherapeutics Inc
NASDAQ:IOVA
 		$1.03 Billion
Cibus Nordic Real Estate AB (publ)
ST:CIBUS
 		$1.03 Billion
NOF Corporation
MU:NOF
 		$1.03 Billion
RLX Technology Inc
NYSE:RLX
 		$1.03 Billion
Alliance Material Co., Ltd.
TWO:3595
 		$1.03 Billion
Neuland Laboratories Limited
NSE:NEULANDLAB
 		$1.03 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,744,908,000 to 1,816,820,000, a change of 71,912,000 (4.1%).
  • Net income of 102,476,230 contributed positively to equity growth.
  • Dividend payments of 44,062,000 reduced retained earnings.
  • Share repurchases of 7,992,969 reduced equity.
  • Other factors increased equity by 21,490,739.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥102.48 Million +5.64%
Dividends Paid CN¥44.06 Million -2.43%
Share Repurchases CN¥7.99 Million -0.44%
Other Changes CN¥21.49 Million +1.18%
Total Change CN¥- 4.12%

Book Value vs Market Value Analysis

This analysis compares Chengdu Xuguang Electronics 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: 7.30x
  • 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 66.62x to 7.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CN¥0.24 CN¥16.00 x
2000-12-31 CN¥0.25 CN¥16.00 x
2001-12-31 CN¥0.30 CN¥16.00 x
2002-12-31 CN¥0.80 CN¥16.00 x
2003-12-31 CN¥0.81 CN¥16.00 x
2004-12-31 CN¥0.84 CN¥16.00 x
2005-12-31 CN¥0.73 CN¥16.00 x
2006-12-31 CN¥0.53 CN¥16.00 x
2007-12-31 CN¥0.59 CN¥16.00 x
2008-12-31 CN¥0.61 CN¥16.00 x
2009-12-31 CN¥0.65 CN¥16.00 x
2010-12-31 CN¥0.75 CN¥16.00 x
2011-12-31 CN¥1.03 CN¥16.00 x
2012-12-31 CN¥1.24 CN¥16.00 x
2013-12-31 CN¥1.26 CN¥16.00 x
2014-12-31 CN¥2.58 CN¥16.00 x
2015-12-31 CN¥1.36 CN¥16.00 x
2016-12-31 CN¥1.40 CN¥16.00 x
2017-12-31 CN¥1.42 CN¥16.00 x
2018-12-31 CN¥1.37 CN¥16.00 x
2019-12-31 CN¥1.50 CN¥16.00 x
2020-12-31 CN¥1.50 CN¥16.00 x
2021-12-31 CN¥2.22 CN¥16.00 x
2022-12-31 CN¥2.13 CN¥16.00 x
2023-12-31 CN¥2.38 CN¥16.00 x
2024-12-31 CN¥2.19 CN¥16.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chengdu Xuguang Electronics 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): 5.64%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.46%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 1.78x
  • Recent ROE (5.64%) is below the historical average (5.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 11.56% 10.58% 0.46x 2.39x CN¥1.75 Million
2000 16.07% 11.45% 0.55x 2.55x CN¥7.16 Million
2001 15.43% 10.75% 0.59x 2.45x CN¥7.59 Million
2002 3.76% 8.33% 0.30x 1.52x CN¥-23.55 Million
2003 6.40% 11.70% 0.42x 1.30x CN¥-13.63 Million
2004 4.89% 7.71% 0.46x 1.38x CN¥-20.11 Million
2005 -12.26% -21.20% 0.38x 1.50x CN¥-75.78 Million
2006 3.34% 5.03% 0.44x 1.50x CN¥-23.39 Million
2007 4.04% 6.28% 0.42x 1.53x CN¥-22.31 Million
2008 4.40% 6.30% 0.47x 1.49x CN¥-21.92 Million
2009 4.37% 5.70% 0.50x 1.52x CN¥-23.06 Million
2010 13.75% 19.91% 0.45x 1.54x CN¥17.77 Million
2011 0.39% 0.79% 0.40x 1.25x CN¥-72.09 Million
2012 12.28% 26.62% 0.38x 1.21x CN¥21.51 Million
2013 9.01% 19.55% 0.38x 1.22x CN¥-9.50 Million
2014 6.44% 11.59% 0.43x 1.29x CN¥-34.94 Million
2015 4.69% 5.81% 0.55x 1.46x CN¥-54.97 Million
2016 4.09% 4.45% 0.62x 1.49x CN¥-62.84 Million
2017 2.56% 2.60% 0.61x 1.61x CN¥-80.24 Million
2018 5.49% 5.33% 0.63x 1.65x CN¥-46.32 Million
2019 5.01% 4.65% 0.63x 1.70x CN¥-55.59 Million
2020 4.71% 5.94% 0.56x 1.42x CN¥-60.25 Million
2021 4.83% 5.76% 0.54x 1.54x CN¥-61.91 Million
2022 6.04% 8.77% 0.41x 1.66x CN¥-65.55 Million
2023 5.31% 7.04% 0.44x 1.72x CN¥-81.78 Million
2024 5.64% 6.46% 0.49x 1.78x CN¥-79.21 Million

Industry Comparison

This section compares Chengdu Xuguang Electronics Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $2,439,846,079
  • Average return on equity (ROE) among peers: 10.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Chengdu Xuguang Electronics Co Ltd (600353) CN¥1.96 Billion 11.56% 0.81x $1.03 Billion
XJ Electric Co Ltd (000400) $7.55 Billion 11.51% 0.89x $2.54 Billion
Guangdong Macro Co Ltd (000533) $971.33 Million 13.39% 1.48x $880.32 Million
Foshan Electrical and Lighting Co Ltd (000541) $2.39 Billion 11.14% 0.11x $703.62 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.47 Billion 5.33% 0.99x $366.05 Million
Huagong Tech Co Ltd (000988) $1.16 Billion 4.84% 1.06x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $873.58 Million 10.72% 0.86x $889.01 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $5.66 Billion 12.76% 0.31x $1.58 Billion
Guangdong Xinyaguang Cable Co (001382) $1.22 Billion 11.09% 0.26x $212.27 Million
Sieyuan Electric Co Ltd (002028) $2.91 Billion 32.63% 0.33x $15.18 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.06 Million -9.17% 0.66x $222.14 Million