Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd
Shaanxi Baoguang Vacuum Electric Device Co., Ltd. engages in the production and sale of vacuum interrupters in China. It operates through two segments: Power Equipment and New Energy. The Power Equipment business offers a vacuum interrupter, which is the core component of the power transmission and transformation line interrupter. It is used in mining, smelting, chemical industry, equipment manuf… Read more
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379) - Net Assets
Latest net assets as of September 2025: CN¥837.48 Million CNY
Based on the latest financial reports, Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379) has net assets worth CN¥837.48 Million 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¥1.83 Billion) and total liabilities (CN¥993.87 Million). 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¥837.48 Million |
| % of Total Assets | 45.73% |
| Annual Growth Rate | 8.0% |
| 5-Year Change | 37.5% |
| 10-Year Change | 79.42% |
| Growth Volatility | 24.54 |
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Shaanxi Baoguang Vacuum Electronic Apparatus 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 Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (1998–2024)
The table below shows the annual net assets of Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥781.35 Million | +6.34% |
| 2023-12-31 | CN¥734.80 Million | +8.46% |
| 2022-12-31 | CN¥677.51 Million | +6.32% |
| 2021-12-31 | CN¥637.22 Million | +12.14% |
| 2020-12-31 | CN¥568.24 Million | +4.03% |
| 2019-12-31 | CN¥546.23 Million | +5.01% |
| 2018-12-31 | CN¥520.15 Million | +4.85% |
| 2017-12-31 | CN¥496.07 Million | +5.33% |
| 2016-12-31 | CN¥470.95 Million | +8.14% |
| 2015-12-31 | CN¥435.50 Million | +6.49% |
| 2014-12-31 | CN¥408.95 Million | +3.65% |
| 2013-12-31 | CN¥394.54 Million | +4.07% |
| 2012-12-31 | CN¥379.12 Million | +4.06% |
| 2011-12-31 | CN¥364.32 Million | +0.97% |
| 2010-12-31 | CN¥360.83 Million | +5.00% |
| 2009-12-31 | CN¥343.65 Million | +6.78% |
| 2008-12-31 | CN¥321.84 Million | +2.27% |
| 2007-12-31 | CN¥314.69 Million | +3.65% |
| 2006-12-31 | CN¥303.60 Million | +4.37% |
| 2005-12-31 | CN¥290.90 Million | +1.37% |
| 2004-12-31 | CN¥286.96 Million | +0.87% |
| 2003-12-31 | CN¥284.47 Million | +6.49% |
| 2002-12-31 | CN¥267.15 Million | +7.59% |
| 2001-12-31 | CN¥248.29 Million | +131.12% |
| 2000-12-31 | CN¥107.43 Million | +9.44% |
| 1999-12-31 | CN¥98.16 Million | -7.00% |
| 1998-12-31 | CN¥105.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shaanxi Baoguang Vacuum Electronic Apparatus 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 34135793952.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥337.26 Million | 44.83% |
| Common Stock | CN¥330.20 Million | 43.89% |
| Other Comprehensive Income | CN¥75.54 Million | 10.04% |
| Other Components | CN¥9.32 Million | 1.24% |
| Total Equity | CN¥752.32 Million | 100.00% |
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd Competitors by Market Cap
The table below lists competitors of Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GCH Technology Co. Ltd. A
SHG:688625
|
$571.77 Million |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
$571.80 Million |
|
Jiangxi Sanchuan Water Meter
SHE:300066
|
$571.87 Million |
|
Cascades Inc
PINK:CADNF
|
$571.95 Million |
|
Sana Biotechnology Inc
NASDAQ:SANA
|
$571.42 Million |
|
Mama's Creations Inc.
NASDAQ:MAMA
|
$571.24 Million |
|
Ability Enterprise Co Ltd
TW:2374
|
$571.16 Million |
|
KEDE Numerical Control Co Ltd
SHG:688305
|
$571.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 704,831,390 to 752,322,529, a change of 47,491,139 (6.7%).
- Net income of 90,359,213 contributed positively to equity growth.
- Dividend payments of 35,837,764 reduced retained earnings.
- Other comprehensive income increased equity by 7,421,830.
- Other factors decreased equity by 14,452,140.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥90.36 Million | +12.01% |
| Dividends Paid | CN¥35.84 Million | -4.76% |
| Other Comprehensive Income | CN¥7.42 Million | +0.99% |
| Other Changes | CN¥-14.45 Million | -1.92% |
| Total Change | CN¥- | 6.74% |
Book Value vs Market Value Analysis
This analysis compares Shaanxi Baoguang Vacuum Electronic Apparatus 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: 5.72x
- 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 41.13x to 5.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.32 | CN¥13.04 | x |
| 1999-12-31 | CN¥0.29 | CN¥13.04 | x |
| 2000-12-31 | CN¥0.32 | CN¥13.04 | x |
| 2001-12-31 | CN¥0.75 | CN¥13.04 | x |
| 2002-12-31 | CN¥0.80 | CN¥13.04 | x |
| 2003-12-31 | CN¥0.85 | CN¥13.04 | x |
| 2004-12-31 | CN¥0.86 | CN¥13.04 | x |
| 2005-12-31 | CN¥0.87 | CN¥13.04 | x |
| 2006-12-31 | CN¥0.91 | CN¥13.04 | x |
| 2007-12-31 | CN¥0.95 | CN¥13.04 | x |
| 2008-12-31 | CN¥1.16 | CN¥13.04 | x |
| 2009-12-31 | CN¥1.03 | CN¥13.04 | x |
| 2010-12-31 | CN¥1.08 | CN¥13.04 | x |
| 2011-12-31 | CN¥1.09 | CN¥13.04 | x |
| 2012-12-31 | CN¥1.14 | CN¥13.04 | x |
| 2013-12-31 | CN¥1.19 | CN¥13.04 | x |
| 2014-12-31 | CN¥1.23 | CN¥13.04 | x |
| 2015-12-31 | CN¥1.32 | CN¥13.04 | x |
| 2016-12-31 | CN¥1.43 | CN¥13.04 | x |
| 2017-12-31 | CN¥1.47 | CN¥13.04 | x |
| 2018-12-31 | CN¥2.16 | CN¥13.04 | x |
| 2019-12-31 | CN¥1.96 | CN¥13.04 | x |
| 2020-12-31 | CN¥1.72 | CN¥13.04 | x |
| 2021-12-31 | CN¥1.85 | CN¥13.04 | x |
| 2022-12-31 | CN¥1.97 | CN¥13.04 | x |
| 2023-12-31 | CN¥2.13 | CN¥13.04 | x |
| 2024-12-31 | CN¥2.28 | CN¥13.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaanxi Baoguang Vacuum Electronic Apparatus 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): 12.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.17%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.34x
- Recent ROE (12.01%) is above the historical average (6.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 14.88% | 9.10% | 0.68x | 2.39x | CN¥5.15 Million |
| 1999 | 3.47% | 2.00% | 0.52x | 3.33x | CN¥-6.41 Million |
| 2000 | 5.85% | 2.90% | 0.64x | 3.13x | CN¥-4.46 Million |
| 2001 | 5.03% | 5.20% | 0.47x | 2.06x | CN¥-12.34 Million |
| 2002 | 5.20% | 5.55% | 0.51x | 1.83x | CN¥-12.81 Million |
| 2003 | 6.09% | 6.29% | 0.55x | 1.77x | CN¥-11.12 Million |
| 2004 | 6.63% | 5.61% | 0.66x | 1.80x | CN¥-9.66 Million |
| 2005 | 0.72% | 0.72% | 0.59x | 1.70x | CN¥-26.86 Million |
| 2006 | 4.13% | 4.35% | 0.62x | 1.52x | CN¥-17.72 Million |
| 2007 | 2.38% | 1.99% | 0.78x | 1.54x | CN¥-23.80 Million |
| 2008 | 2.01% | 1.42% | 0.88x | 1.62x | CN¥-25.45 Million |
| 2009 | 6.31% | 4.25% | 0.89x | 1.67x | CN¥-12.54 Million |
| 2010 | 4.81% | 2.90% | 1.08x | 1.53x | CN¥-18.55 Million |
| 2011 | 1.07% | 0.58% | 1.11x | 1.66x | CN¥-32.24 Million |
| 2012 | 4.10% | 2.37% | 0.99x | 1.75x | CN¥-22.24 Million |
| 2013 | 4.77% | 3.17% | 0.92x | 1.64x | CN¥-20.53 Million |
| 2014 | 4.99% | 3.43% | 0.96x | 1.52x | CN¥-20.41 Million |
| 2015 | 6.32% | 4.51% | 0.74x | 1.88x | CN¥-16.01 Million |
| 2016 | 7.67% | 5.19% | 1.00x | 1.48x | CN¥-10.95 Million |
| 2017 | 7.27% | 4.48% | 1.14x | 1.43x | CN¥-13.57 Million |
| 2018 | 7.40% | 4.53% | 1.07x | 1.52x | CN¥-13.55 Million |
| 2019 | 8.09% | 4.73% | 1.12x | 1.52x | CN¥-10.45 Million |
| 2020 | 8.12% | 5.12% | 1.03x | 1.53x | CN¥-10.66 Million |
| 2021 | 8.31% | 5.03% | 0.90x | 1.83x | CN¥-10.35 Million |
| 2022 | 8.87% | 4.69% | 0.82x | 2.31x | CN¥-7.36 Million |
| 2023 | 10.02% | 5.23% | 0.88x | 2.17x | CN¥146.06K |
| 2024 | 12.01% | 6.17% | 0.83x | 2.34x | CN¥15.13 Million |
Industry Comparison
This section compares Shaanxi Baoguang Vacuum Electronic Apparatus 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: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379) | CN¥837.48 Million | 14.88% | 1.19x | $571.54 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |