Chengdu Xuguang Electronics Co Ltd (600353) - Net Assets

Latest as of March 2026: CN¥2.03 Billion CNY ≈ $297.64 Million USD

Based on the latest financial reports, Chengdu Xuguang Electronics Co Ltd (600353) has net assets worth CN¥2.03 Billion CNY (≈ $297.64 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.55 Billion ≈ $520.01 Million USD) and total liabilities (CN¥1.52 Billion ≈ $222.37 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 600353 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.03 Billion
% of Total Assets	57.24%
Annual Growth Rate	11.7%
5-Year Change	47.43%
10-Year Change	66.28%
Growth Volatility	30.58

Chengdu Xuguang Electronics Co Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Chengdu Xuguang Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600353 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Chengdu Xuguang Electronics Co Ltd (1999–2025)

The table below shows the annual net assets of Chengdu Xuguang Electronics Co Ltd from 1999 to 2025. For live valuation and market cap data, see Chengdu Xuguang Electronics Co Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥2.01 Billion ≈ $293.89 Million	+4.85%
2024-12-31	CN¥1.92 Billion ≈ $280.29 Million	+3.30%
2023-12-31	CN¥1.85 Billion ≈ $271.34 Million	+5.57%
2022-12-31	CN¥1.76 Billion ≈ $257.02 Million	+28.93%
2021-12-31	CN¥1.36 Billion ≈ $199.34 Million	+11.06%
2020-12-31	CN¥1.23 Billion ≈ $179.49 Million	-5.17%
2019-12-31	CN¥1.29 Billion ≈ $189.27 Million	+9.09%
2018-12-31	CN¥1.19 Billion ≈ $173.49 Million	-3.73%
2017-12-31	CN¥1.23 Billion ≈ $180.23 Million	+1.97%
2016-12-31	CN¥1.21 Billion ≈ $176.74 Million	+4.66%
2015-12-31	CN¥1.15 Billion ≈ $168.87 Million	+15.41%
2014-12-31	CN¥999.95 Million ≈ $146.32 Million	+3.93%
2013-12-31	CN¥962.13 Million ≈ $140.79 Million	+2.13%
2012-12-31	CN¥942.09 Million ≈ $137.86 Million	+25.56%
2011-12-31	CN¥750.34 Million ≈ $109.80 Million	+58.14%
2010-12-31	CN¥474.49 Million ≈ $69.43 Million	+15.84%
2009-12-31	CN¥409.59 Million ≈ $59.94 Million	+4.57%
2008-12-31	CN¥391.71 Million ≈ $57.32 Million	+4.53%
2007-12-31	CN¥374.75 Million ≈ $54.84 Million	+6.64%
2006-12-31	CN¥351.42 Million ≈ $51.42 Million	+3.07%
2005-12-31	CN¥340.96 Million ≈ $49.89 Million	-13.54%
2004-12-31	CN¥394.35 Million ≈ $57.71 Million	+4.00%
2003-12-31	CN¥379.17 Million ≈ $55.48 Million	+6.89%
2002-12-31	CN¥354.74 Million ≈ $51.91 Million	+152.52%
2001-12-31	CN¥140.48 Million ≈ $20.56 Million	+18.52%
2000-12-31	CN¥118.52 Million ≈ $17.34 Million	+4.72%
1999-12-31	CN¥113.18 Million ≈ $16.56 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 4807.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥774.39 Million	40.85%
Common Stock	CN¥829.98 Million	43.78%
Other Comprehensive Income	CN¥152.41 Million	8.04%
Other Components	CN¥139.07 Million	7.34%
Total Equity	CN¥1.90 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
Jiangsu Aucksun Co Ltd SHE:002245	$5.10 Billion
Louisiana-Pacific Corporation NYSE:LPX	$5.10 Billion
MINTH GRP LTD UNSP.ADR/20 F:M3I0	$5.10 Billion
United Plantations Bhd KLSE:2089	$5.10 Billion
OHB SE XETRA:OHB	$5.09 Billion
Protagonist Therapeutics Inc NASDAQ:PTGX	$5.09 Billion
Kumba Iron Ore Ltd JSE:KIO	$5.09 Billion
ATCO Ltd TO:ACO-X	$5.09 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 2024 to 2025, total equity changed from 1,816,820,000 to 1,895,851,336, a change of 79,031,336 (4.3%).
Net income of 161,570,162 contributed positively to equity growth.
Dividend payments of 63,132,131 reduced retained earnings.
Other comprehensive income increased equity by 152,411,469.
Other factors decreased equity by 171,818,164.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥161.57 Million	+8.52%
Dividends Paid	CN¥63.13 Million	-3.33%
Other Comprehensive Income	CN¥152.41 Million	+8.04%
Other Changes	CN¥-171.82 Million	-9.06%
Total Change	CN¥-	4.35%

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: 18.37x
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 174.91x to 18.37x 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¥42.01	x
2000-12-31	CN¥0.25	CN¥42.01	x
2001-12-31	CN¥0.30	CN¥42.01	x
2002-12-31	CN¥0.80	CN¥42.01	x
2003-12-31	CN¥0.81	CN¥42.01	x
2004-12-31	CN¥0.84	CN¥42.01	x
2005-12-31	CN¥0.73	CN¥42.01	x
2006-12-31	CN¥0.53	CN¥42.01	x
2007-12-31	CN¥0.59	CN¥42.01	x
2008-12-31	CN¥0.61	CN¥42.01	x
2009-12-31	CN¥0.65	CN¥42.01	x
2010-12-31	CN¥0.75	CN¥42.01	x
2011-12-31	CN¥1.03	CN¥42.01	x
2012-12-31	CN¥1.24	CN¥42.01	x
2013-12-31	CN¥1.26	CN¥42.01	x
2014-12-31	CN¥2.58	CN¥42.01	x
2015-12-31	CN¥1.36	CN¥42.01	x
2016-12-31	CN¥1.40	CN¥42.01	x
2017-12-31	CN¥1.42	CN¥42.01	x
2018-12-31	CN¥1.37	CN¥42.01	x
2019-12-31	CN¥1.50	CN¥42.01	x
2020-12-31	CN¥1.50	CN¥42.01	x
2021-12-31	CN¥2.22	CN¥42.01	x
2022-12-31	CN¥2.13	CN¥42.01	x
2023-12-31	CN¥2.38	CN¥42.01	x
2024-12-31	CN¥2.19	CN¥42.01	x
2025-12-31	CN¥2.29	CN¥42.01	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): 8.52%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.88%
• Asset Turnover: 0.47x
• Equity Multiplier: 1.85x
Recent ROE (8.52%) is above the historical average (5.95%), indicating improving 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
2025	8.52%	9.88%	0.47x	1.85x	CN¥-28.01 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: $4,521,607,784
Average return on equity (ROE) among peers: -17.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Chengdu Xuguang Electronics Co Ltd (600353)	CN¥2.03 Billion	11.56%	0.75x	$5.10 Billion
XJ Electric Co Ltd (000400)	$2.06 Billion	5.67%	0.94x	$3.41 Billion
Guangdong Macro Co Ltd (000533)	$259.29 Million	-377.39%	9.44x	$1.05 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.81 Billion	9.38%	0.11x	$908.69 Million
Dongfang Electronics Co Ltd (000682)	$78.67 Million	125.00%	0.63x	$2.52 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.26 Billion	6.39%	3.26x	$742.84 Million
Huagong Tech Co Ltd (000988)	$8.26 Billion	10.96%	1.03x	$26.12 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.38 Billion	9.72%	0.89x	$1.44 Billion
Sieyuan Electric Co Ltd (002028)	$4.51 Billion	5.52%	0.51x	$21.78 Billion
Shanghai Welltech Automation Co Ltd (002058)	$88.12 Million	23.77%	0.92x	$468.31 Million
Gotion High tech Co Ltd (002074)	$24.50 Billion	1.27%	1.96x	$7.89 Billion

About Chengdu Xuguang Electronics Co Ltd

SHG:600353 China Electrical Equipment & Parts

Market Cap

$5.10 Billion

CN¥34.82 Billion CNY

Market Cap Rank

#3568 Global

#529 in China

Share Price

CN¥42.01

Change (1 day)

+10.00%

52-Week Range

CN¥11.80 - CN¥42.01

All Time High

CN¥42.01