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

Latest as of June 2026: CN¥866.80 Million CNY ≈ $126.84 Million USD

Based on the latest financial reports, Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379) has net assets worth CN¥866.80 Million CNY (≈ $126.84 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.93 Billion ≈ $282.05 Million USD) and total liabilities (CN¥1.06 Billion ≈ $155.21 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 Shaanxi Baoguang Vacuum Electronic Appar (600379) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥866.80 Million
% of Total Assets	44.97%
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. For live market cap and overall valuation, see market value of Shaanxi Baoguang Vacuum Electronic Appar.

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. Also explore Shaanxi Baoguang Vacuum Electronic Appar net asset momentum to track the company's year-over-year net asset growth rate.

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	--

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
GMM Pfaudler Limited NSE:GMMPFAUDLR	$655.39 Million
Credit Corp Group Ltd AU:CCP	$655.48 Million
Man Industries (India) Limited NSE:MANINDS	$655.61 Million
Mah Sing Group Bhd KLSE:8583	$655.62 Million
Carlton Investments Ltd AU:CIN	$655.14 Million
Ventec International Group Co Ltd TW:6672	$654.92 Million
Barco NV BR:BAR	$654.77 Million
Tanac Automation Co Ltd SHE:300461	$654.77 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: 5.76x
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 42.77x to 5.76x 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¥13.56	x
1999-12-31	CN¥0.29	CN¥13.56	x
2000-12-31	CN¥0.32	CN¥13.56	x
2001-12-31	CN¥0.75	CN¥13.56	x
2002-12-31	CN¥0.80	CN¥13.56	x
2003-12-31	CN¥0.85	CN¥13.56	x
2004-12-31	CN¥0.86	CN¥13.56	x
2005-12-31	CN¥0.87	CN¥13.56	x
2006-12-31	CN¥0.91	CN¥13.56	x
2007-12-31	CN¥0.95	CN¥13.56	x
2008-12-31	CN¥1.16	CN¥13.56	x
2009-12-31	CN¥1.03	CN¥13.56	x
2010-12-31	CN¥1.08	CN¥13.56	x
2011-12-31	CN¥1.09	CN¥13.56	x
2012-12-31	CN¥1.14	CN¥13.56	x
2013-12-31	CN¥1.19	CN¥13.56	x
2014-12-31	CN¥1.23	CN¥13.56	x
2015-12-31	CN¥1.32	CN¥13.56	x
2016-12-31	CN¥1.43	CN¥13.56	x
2017-12-31	CN¥1.50	CN¥13.56	x
2018-12-31	CN¥1.58	CN¥13.56	x
2019-12-31	CN¥1.65	CN¥13.56	x
2020-12-31	CN¥1.72	CN¥13.56	x
2021-12-31	CN¥1.85	CN¥13.56	x
2022-12-31	CN¥1.97	CN¥13.56	x
2023-12-31	CN¥2.13	CN¥13.56	x
2024-12-31	CN¥2.28	CN¥13.56	x
2025-12-31	CN¥2.36	CN¥13.56	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: $1,769,759,663
Average return on equity (ROE) among peers: 10.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd (600379)	CN¥866.80 Million	14.88%	1.22x	$655.20 Million
XJ Electric Co Ltd (000400)	$2.20 Billion	5.89%	1.14x	$3.04 Billion
Guangdong Macro Co Ltd (000533)	$1.47 Billion	1.58%	1.51x	$1.12 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$6.28 Billion	4.77%	0.55x	$869.03 Million
Dongfang Electronics Co Ltd (000682)	$411.24 Million	32.62%	0.36x	$2.10 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$692.15 Million	13.19%	0.78x	$696.87 Million
Huagong Tech Co Ltd (000988)	$1.72 Billion	8.73%	0.73x	$14.74 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.62 Billion	6.74%	1.87x	$1.30 Billion
Sieyuan Electric Co Ltd (002028)	$3.03 Billion	8.19%	0.43x	$15.88 Billion
Shanghai Welltech Automation Co Ltd (002058)	$165.38 Million	6.52%	0.32x	$349.71 Million
Gotion High tech Co Ltd (002074)	$105.54 Million	20.87%	1.30x	$6.75 Billion

About Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd

SHG:600379 China Electrical Equipment & Parts

Market Cap

$655.20 Million

CN¥4.48 Billion CNY

Market Cap Rank

#10902 Global

#2981 in China

Share Price

CN¥13.56

Change (1 day)

-3.28%

52-Week Range

CN¥10.08 - CN¥18.94

All Time High

CN¥19.76