Ningbo Yunsheng Co Ltd

SHG:600366 China Tools & Accessories
Market Cap
$1.96 Billion
CN¥14.38 Billion CNY
Market Cap Rank
#6703 Global
#1051 in China
Share Price
CN¥13.08
Change (1 day)
-2.61%
52-Week Range
CN¥7.13 - CN¥17.69
All Time High
CN¥17.69
Categories
Companies in China Tools & Accessories
About

Ningbo Yunsheng Co., Ltd. engages in the research and development, manufacture, and sale of rare earth permanent magnet materials in China. The company provides sintered and bonded NdFeB magnets; and magnetic assemblies, including rare earth permanent magnet radiation rings, flat rotor assemblies, laminated steel assemblies, permanent magnet rotor assemblies, and high-speed precision rotor assemb… Read more

Ningbo Yunsheng Co Ltd (600366) - Net Assets

Latest net assets as of September 2025: CN¥6.16 Billion CNY

Based on the latest financial reports, Ningbo Yunsheng Co Ltd (600366) has net assets worth CN¥6.16 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¥10.30 Billion) and total liabilities (CN¥4.14 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¥6.16 Billion
% of Total Assets 59.78%
Annual Growth Rate 16.14%
5-Year Change 33.9%
10-Year Change 63.73%
Growth Volatility 51.94

Ningbo Yunsheng Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Ningbo Yunsheng 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 Ningbo Yunsheng Co Ltd (1997–2024)

The table below shows the annual net assets of Ningbo Yunsheng Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.93 Billion -0.21%
2023-12-31 CN¥5.94 Billion -3.09%
2022-12-31 CN¥6.13 Billion +26.08%
2021-12-31 CN¥4.87 Billion +9.82%
2020-12-31 CN¥4.43 Billion +2.70%
2019-12-31 CN¥4.31 Billion -3.92%
2018-12-31 CN¥4.49 Billion -6.74%
2017-12-31 CN¥4.81 Billion +4.05%
2016-12-31 CN¥4.63 Billion +27.70%
2015-12-31 CN¥3.62 Billion +13.26%
2014-12-31 CN¥3.20 Billion +3.73%
2013-12-31 CN¥3.08 Billion +2.32%
2012-12-31 CN¥3.01 Billion +10.38%
2011-12-31 CN¥2.73 Billion +39.32%
2010-12-31 CN¥1.96 Billion +12.38%
2009-12-31 CN¥1.74 Billion +19.84%
2008-12-31 CN¥1.46 Billion -29.43%
2007-12-31 CN¥2.06 Billion +150.89%
2006-12-31 CN¥821.95 Million +5.30%
2005-12-31 CN¥780.58 Million -0.39%
2004-12-31 CN¥783.60 Million +11.63%
2003-12-31 CN¥701.97 Million +15.07%
2002-12-31 CN¥610.05 Million +0.10%
2001-12-31 CN¥609.44 Million +13.23%
2000-12-31 CN¥538.23 Million +239.12%
1999-12-31 CN¥158.72 Million +15.72%
1998-12-31 CN¥137.16 Million +31.27%
1997-12-31 CN¥104.48 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ningbo Yunsheng 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 5946.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.30 Billion 56.05%
Common Stock CN¥1.10 Billion 18.64%
Other Comprehensive Income CN¥492.72 Million 8.36%
Other Components CN¥999.06 Million 16.95%
Total Equity CN¥5.89 Billion 100.00%

Ningbo Yunsheng Co Ltd Competitors by Market Cap

The table below lists competitors of Ningbo Yunsheng Co Ltd ranked by their market capitalization.

Company Market Cap
Moneysupermarket.com Group PLC
PINK:MNSKY
 		$1.17 Billion
J & J Snack Foods Corp
NASDAQ:JJSF
 		$1.17 Billion
Youngone
KO:111770
 		$1.17 Billion
Anhui Andeli Department Store Co Ltd
SHG:603031
 		$1.17 Billion
AECC Aero Science and Technology Co Ltd
SHG:600391
 		$1.17 Billion
Xinfengming Group Co Ltd
SHG:603225
 		$1.17 Billion
Sunwave Communications Co Ltd
SHE:002115
 		$1.17 Billion
Digital China Information Service Co Ltd
SHE:000555
 		$1.17 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,907,747,464 to 5,894,583,538, a change of -13,163,926 (-0.2%).
  • Net income of 95,079,565 contributed positively to equity growth.
  • Dividend payments of 86,277,672 reduced retained earnings.
  • Share repurchases of 156,640,878 reduced equity.
  • Other comprehensive income increased equity by 488,004,012.
  • Other factors decreased equity by 353,328,953.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥95.08 Million +1.61%
Dividends Paid CN¥86.28 Million -1.46%
Share Repurchases CN¥156.64 Million -2.66%
Other Comprehensive Income CN¥488.00 Million +8.28%
Other Changes CN¥-353.33 Million -5.99%
Total Change CN¥- -0.22%

Book Value vs Market Value Analysis

This analysis compares Ningbo Yunsheng 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: 2.42x
  • 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 115.93x to 2.42x 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¥0.11 CN¥13.08 x
1998-12-31 CN¥0.15 CN¥13.08 x
1999-12-31 CN¥0.18 CN¥13.08 x
2000-12-31 CN¥0.60 CN¥13.08 x
2001-12-31 CN¥0.65 CN¥13.08 x
2002-12-31 CN¥0.65 CN¥13.08 x
2003-12-31 CN¥0.72 CN¥13.08 x
2004-12-31 CN¥0.78 CN¥13.08 x
2005-12-31 CN¥0.78 CN¥13.08 x
2006-12-31 CN¥0.85 CN¥13.08 x
2007-12-31 CN¥2.24 CN¥13.08 x
2008-12-31 CN¥1.45 CN¥13.08 x
2009-12-31 CN¥1.76 CN¥13.08 x
2010-12-31 CN¥1.95 CN¥13.08 x
2011-12-31 CN¥2.61 CN¥13.08 x
2012-12-31 CN¥3.00 CN¥13.08 x
2013-12-31 CN¥3.21 CN¥13.08 x
2014-12-31 CN¥3.34 CN¥13.08 x
2015-12-31 CN¥3.85 CN¥13.08 x
2016-12-31 CN¥4.59 CN¥13.08 x
2017-12-31 CN¥4.76 CN¥13.08 x
2018-12-31 CN¥4.45 CN¥13.08 x
2019-12-31 CN¥4.36 CN¥13.08 x
2020-12-31 CN¥4.52 CN¥13.08 x
2021-12-31 CN¥4.97 CN¥13.08 x
2022-12-31 CN¥6.13 CN¥13.08 x
2023-12-31 CN¥5.42 CN¥13.08 x
2024-12-31 CN¥5.41 CN¥13.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningbo Yunsheng 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): 1.61%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.89%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 1.53x
  • Recent ROE (1.61%) is below the historical average (11.64%), 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 24.55% 12.93% 0.78x 2.44x CN¥14.28 Million
1998 27.07% 15.76% 0.70x 2.44x CN¥22.52 Million
1999 25.56% 17.58% 0.58x 2.50x CN¥23.75 Million
2000 6.96% 12.26% 0.35x 1.63x CN¥-15.76 Million
2001 11.52% 14.94% 0.54x 1.42x CN¥8.55 Million
2002 9.74% 7.81% 0.64x 1.95x CN¥-1.45 Million
2003 8.17% 3.86% 0.86x 2.45x CN¥-11.43 Million
2004 8.63% 3.56% 1.10x 2.20x CN¥-9.28 Million
2005 9.04% 2.69% 1.43x 2.36x CN¥-6.52 Million
2006 11.52% 2.02% 2.10x 2.72x CN¥11.21 Million
2007 5.38% 2.27% 1.20x 1.98x CN¥-90.03 Million
2008 7.95% 5.64% 1.00x 1.41x CN¥-27.42 Million
2009 39.81% 64.95% 0.46x 1.34x CN¥484.95 Million
2010 11.25% 10.56% 0.63x 1.70x CN¥22.67 Million
2011 27.39% 16.78% 0.92x 1.78x CN¥419.99 Million
2012 16.21% 15.42% 0.72x 1.45x CN¥172.45 Million
2013 11.79% 16.37% 0.54x 1.33x CN¥53.08 Million
2014 6.41% 13.80% 0.36x 1.27x CN¥-111.14 Million
2015 9.54% 23.73% 0.30x 1.36x CN¥-16.34 Million
2016 17.62% 51.26% 0.27x 1.26x CN¥345.88 Million
2017 8.78% 21.95% 0.30x 1.31x CN¥-57.68 Million
2018 2.02% 4.41% 0.37x 1.25x CN¥-352.43 Million
2019 0.62% 1.35% 0.35x 1.32x CN¥-399.79 Million
2020 4.05% 7.41% 0.40x 1.37x CN¥-260.66 Million
2021 10.67% 13.81% 0.52x 1.50x CN¥32.61 Million
2022 5.81% 5.55% 0.66x 1.58x CN¥-256.71 Million
2023 -3.85% -4.24% 0.63x 1.45x CN¥-818.20 Million
2024 1.61% 1.89% 0.56x 1.53x CN¥-494.38 Million

Industry Comparison

This section compares Ningbo Yunsheng Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.

Industry Context

  • Industry: Tools & Accessories
  • Average net assets among peers: $1,647,842,907
  • Average return on equity (ROE) among peers: 12.27%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ningbo Yunsheng Co Ltd (600366) CN¥6.16 Billion 24.55% 0.67x $1.17 Billion
Shandong Tengda Fasten Tech (001379) $1.46 Billion 5.24% 0.48x $185.77 Million
Bosun Tools Co Ltd (002282) $213.66 Million 25.32% 0.75x $216.27 Million
Ningbo Ligong Online Monitoring Technology Co Ltd (002322) $856.94 Million 8.88% 0.04x $386.64 Million
Tianjin Saixiang Technology Co Ltd (002337) $1.31 Billion 0.60% 0.21x $318.26 Million
Hangzhou Great Star Industrial Co Ltd (002444) $3.97 Billion 12.23% 0.37x $2.93 Billion
Guangdong Kinlong Hardware Products Co Ltd (002791) $5.03 Billion 17.69% 0.98x $427.79 Million
Shenzhen Kaizhong Precision Technology Co Ltd (002823) $142.16 Million 30.39% 1.69x $357.28 Million
Bichamp Cutting Technology Hunan Co Ltd (002843) $610.40 Million 8.30% 0.14x $432.29 Million
Wafangdian Bearing Co Ltd (200706) $931.76 Million 11.83% 0.98x $24.70 Million
Beijing Dinghan Tech Co (300011) $1.96 Billion 2.18% 0.85x $428.69 Million