Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379) - Net Assets

Latest as of March 2026: CN¥854.11 Million CNY ≈ $124.98 Million USD

Based on the latest financial reports, Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379) has net assets worth CN¥854.11 Million CNY (≈ $124.98 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¥2.05 Billion ≈ $300.46 Million USD) and total liabilities (CN¥1.20 Billion ≈ $175.48 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 600379 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥854.11 Million
% of Total Assets 41.6%
Annual Growth Rate 7.98%
5-Year Change 31.55%
10-Year Change 78.0%
Growth Volatility 24.08

Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd - Net Assets Trend (1998–2025)

This chart illustrates how Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shaanxi Baoguang Vacuum Electronic Appar (600379) total assets for the complete picture of this company's asset base.

Annual Net Assets for Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (1998–2025)

The table below shows the annual net assets of Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd from 1998 to 2025. For live valuation and market cap data, see Shaanxi Baoguang Vacuum Electronic Appar (600379) total market value.

Year Net Assets Change
2025-12-31 CN¥838.29 Million
≈ $122.67 Million
+7.29%
2024-12-31 CN¥781.35 Million
≈ $114.34 Million
+6.34%
2023-12-31 CN¥734.80 Million
≈ $107.52 Million
+8.46%
2022-12-31 CN¥677.51 Million
≈ $99.14 Million
+6.32%
2021-12-31 CN¥637.22 Million
≈ $93.24 Million
+12.14%
2020-12-31 CN¥568.24 Million
≈ $83.15 Million
+4.03%
2019-12-31 CN¥546.23 Million
≈ $79.93 Million
+5.01%
2018-12-31 CN¥520.15 Million
≈ $76.11 Million
+4.85%
2017-12-31 CN¥496.07 Million
≈ $72.59 Million
+5.33%
2016-12-31 CN¥470.95 Million
≈ $68.91 Million
+8.14%
2015-12-31 CN¥435.50 Million
≈ $63.73 Million
+6.49%
2014-12-31 CN¥408.95 Million
≈ $59.84 Million
+3.65%
2013-12-31 CN¥394.54 Million
≈ $57.73 Million
+4.07%
2012-12-31 CN¥379.12 Million
≈ $55.48 Million
+4.06%
2011-12-31 CN¥364.32 Million
≈ $53.31 Million
+0.97%
2010-12-31 CN¥360.83 Million
≈ $52.80 Million
+5.00%
2009-12-31 CN¥343.65 Million
≈ $50.29 Million
+6.78%
2008-12-31 CN¥321.84 Million
≈ $47.10 Million
+2.27%
2007-12-31 CN¥314.69 Million
≈ $46.05 Million
+3.65%
2006-12-31 CN¥303.60 Million
≈ $44.43 Million
+4.37%
2005-12-31 CN¥290.90 Million
≈ $42.57 Million
+1.37%
2004-12-31 CN¥286.96 Million
≈ $41.99 Million
+0.87%
2003-12-31 CN¥284.47 Million
≈ $41.63 Million
+6.49%
2002-12-31 CN¥267.15 Million
≈ $39.09 Million
+7.59%
2001-12-31 CN¥248.29 Million
≈ $36.33 Million
+131.12%
2000-12-31 CN¥107.43 Million
≈ $15.72 Million
+9.44%
1999-12-31 CN¥98.16 Million
≈ $14.36 Million
-7.00%
1998-12-31 CN¥105.56 Million
≈ $15.45 Million
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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 36172226173.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥357.62 Million 45.98%
Other Components CN¥420.07 Million 54.02%
Total Equity CN¥777.70 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
Beijing Comens New Materials
SHE:300200
$660.29 Million
Jinneng Science&Tech Co Ltd
SHG:603113
$660.54 Million
Shanghai HiTech Control System
SHE:002184
$660.68 Million
JSE Limited
JSE:JSE
$660.73 Million
Cheng Loong Corp
TW:1904
$659.93 Million
Hanwha REIT Co. Ltd.
KO:451800
$659.68 Million
Xingtong Shipping Co. Ltd.
SHG:603209
$659.63 Million
Gresgying Digital Energy Technology Co Ltd
SHG:600212
$659.56 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 2024 to 2025, total equity changed from 752,322,529 to 777,695,977, a change of 25,373,448 (3.4%).
  • Net income of 51,298,999 contributed positively to equity growth.
  • Dividend payments of 34,383,877 reduced retained earnings.
  • Other comprehensive income decreased equity by 75,538,997.
  • Other factors increased equity by 83,997,323.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥51.30 Million +6.6%
Dividends Paid CN¥34.38 Million -4.42%
Other Comprehensive Income CN¥-75.54 Million -9.71%
Other Changes CN¥84.00 Million +10.8%
Total Change CN¥- 3.37%

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: 5.80x
  • 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 43.08x to 5.80x 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¥13.66 x
1999-12-31 CN¥0.29 CN¥13.66 x
2000-12-31 CN¥0.32 CN¥13.66 x
2001-12-31 CN¥0.75 CN¥13.66 x
2002-12-31 CN¥0.80 CN¥13.66 x
2003-12-31 CN¥0.85 CN¥13.66 x
2004-12-31 CN¥0.86 CN¥13.66 x
2005-12-31 CN¥0.87 CN¥13.66 x
2006-12-31 CN¥0.91 CN¥13.66 x
2007-12-31 CN¥0.95 CN¥13.66 x
2008-12-31 CN¥1.16 CN¥13.66 x
2009-12-31 CN¥1.03 CN¥13.66 x
2010-12-31 CN¥1.08 CN¥13.66 x
2011-12-31 CN¥1.09 CN¥13.66 x
2012-12-31 CN¥1.14 CN¥13.66 x
2013-12-31 CN¥1.19 CN¥13.66 x
2014-12-31 CN¥1.23 CN¥13.66 x
2015-12-31 CN¥1.32 CN¥13.66 x
2016-12-31 CN¥1.43 CN¥13.66 x
2017-12-31 CN¥1.50 CN¥13.66 x
2018-12-31 CN¥1.58 CN¥13.66 x
2019-12-31 CN¥1.65 CN¥13.66 x
2020-12-31 CN¥1.72 CN¥13.66 x
2021-12-31 CN¥1.85 CN¥13.66 x
2022-12-31 CN¥1.97 CN¥13.66 x
2023-12-31 CN¥2.13 CN¥13.66 x
2024-12-31 CN¥2.28 CN¥13.66 x
2025-12-31 CN¥2.36 CN¥13.66 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): 6.60%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.07%
  • • Asset Turnover: 0.59x
  • • Equity Multiplier: 2.76x
  • Recent ROE (6.60%) is above the historical average (6.18%), 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
2025 6.60% 4.07% 0.59x 2.76x CN¥-26.47 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: $2,106,420,201
  • Average return on equity (ROE) among peers: 7.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379) CN¥854.11 Million 14.88% 1.40x $660.04 Million
XJ Electric Co Ltd (000400) $2.36 Billion 1.62% 1.01x $3.88 Billion
Guangdong Macro Co Ltd (000533) $971.33 Million 13.39% 1.48x $1.20 Billion
Foshan Electrical and Lighting Co Ltd (000541) $236.13 Million 20.43% 0.71x $897.87 Million
Dongfang Electronics Co Ltd (000682) $2.03 Billion 2.95% 0.68x $2.81 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $2.65 Billion -5.12% 1.10x $866.03 Million
Huagong Tech Co Ltd (000988) $9.37 Billion 10.74% 0.86x $25.06 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $873.58 Million 10.72% 0.86x $1.55 Billion
Sieyuan Electric Co Ltd (002028) $2.25 Billion 15.36% 0.34x $22.22 Billion
Shanghai Welltech Automation Co Ltd (002058) $201.79 Million -7.53% 0.85x $542.20 Million
Gotion High tech Co Ltd (002074) $119.52 Million 11.15% 1.55x $9.10 Billion

About Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd

SHG:600379 China Electrical Equipment & Parts
Market Cap
$660.04 Million
CN¥4.51 Billion CNY
Market Cap Rank
#11214 Global
#3271 in China
Share Price
CN¥13.66
Change (1 day)
+2.40%
52-Week Range
CN¥10.35 - CN¥18.94
All Time High
CN¥19.76
About

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