AECC Aero Science and Technology Co Ltd

SHG:600391 China Aerospace & Defense
Market Cap
$1.96 Billion
CN¥14.36 Billion CNY
Market Cap Rank
#6704 Global
#1052 in China
Share Price
CN¥43.50
Change (1 day)
-1.65%
52-Week Range
CN¥19.96 - CN¥56.22
All Time High
CN¥63.15
Categories
Companies in China Aerospace & Defense
About

Aecc Aero Science and Technology Co.,Ltd engages in the research, development, manufacture, sale, and service of aircraft engines and gas turbine parts in China, rest of Asia, the United States, and Europe. The company was formerly known as Sichuan Chengfa Aero-Science & Technology Co,Ltd. and changed its name to Aecc Aero Science and Technology Co.,Ltd in April 2017. Aecc Aero Science and Techno… Read more

AECC Aero Science and Technology Co Ltd (600391) - Net Assets

Latest net assets as of September 2025: CN¥2.92 Billion CNY

Based on the latest financial reports, AECC Aero Science and Technology Co Ltd (600391) has net assets worth CN¥2.92 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¥8.00 Billion) and total liabilities (CN¥5.08 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¥2.92 Billion
% of Total Assets 36.52%
Annual Growth Rate 14.36%
5-Year Change 36.22%
10-Year Change 34.67%
Growth Volatility 79.1

AECC Aero Science and Technology Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how AECC Aero Science and Technology 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 AECC Aero Science and Technology Co Ltd (1998–2024)

The table below shows the annual net assets of AECC Aero Science and Technology Co Ltd from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.65 Billion +4.69%
2023-12-31 CN¥2.53 Billion +15.56%
2022-12-31 CN¥2.19 Billion +8.88%
2021-12-31 CN¥2.01 Billion +3.42%
2020-12-31 CN¥1.95 Billion +1.01%
2019-12-31 CN¥1.93 Billion +8.09%
2018-12-31 CN¥1.78 Billion -14.15%
2017-12-31 CN¥2.08 Billion +3.41%
2016-12-31 CN¥2.01 Billion +1.99%
2015-12-31 CN¥1.97 Billion +1.23%
2014-12-31 CN¥1.94 Billion +0.94%
2013-12-31 CN¥1.93 Billion +1.54%
2012-12-31 CN¥1.90 Billion +1.53%
2011-12-31 CN¥1.87 Billion +368.46%
2010-12-31 CN¥398.93 Million -27.58%
2009-12-31 CN¥550.88 Million +0.21%
2008-12-31 CN¥549.75 Million +6.72%
2007-12-31 CN¥515.14 Million +10.90%
2006-12-31 CN¥464.49 Million -0.22%
2005-12-31 CN¥465.52 Million +4.68%
2004-12-31 CN¥444.71 Million -0.02%
2003-12-31 CN¥444.78 Million +6.27%
2002-12-31 CN¥418.56 Million -0.47%
2001-12-31 CN¥420.55 Million +197.39%
2000-12-31 CN¥141.41 Million +8.47%
1999-12-31 CN¥130.37 Million +61.16%
1998-12-31 CN¥80.89 Million --

Equity Component Analysis

This analysis shows how different components contribute to AECC Aero Science and Technology 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 18441735900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥184.42 Million 11.12%
Common Stock CN¥330.13 Million 19.90%
Other Comprehensive Income CN¥154.99 Million 9.34%
Other Components CN¥989.25 Million 59.64%
Total Equity CN¥1.66 Billion 100.00%

AECC Aero Science and Technology Co Ltd Competitors by Market Cap

The table below lists competitors of AECC Aero Science and Technology Co Ltd ranked by their market capitalization.

Company Market Cap
Ningbo Yunsheng Co Ltd
SHG:600366
 		$1.17 Billion
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
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
Outokumpu Oyj
PINK:OUTFF
 		$1.17 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AECC Aero Science and Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,595,394,703 to 1,658,786,516, a change of 63,391,813 (4.0%).
  • Net income of 68,792,212 contributed positively to equity growth.
  • Dividend payments of 49,642,630 reduced retained earnings.
  • Other comprehensive income increased equity by 154,993,671.
  • Other factors decreased equity by 110,751,440.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥68.79 Million +4.15%
Dividends Paid CN¥49.64 Million -2.99%
Other Comprehensive Income CN¥154.99 Million +9.34%
Other Changes CN¥-110.75 Million -6.68%
Total Change CN¥- 3.97%

Book Value vs Market Value Analysis

This analysis compares AECC Aero Science and Technology 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: 8.59x
  • 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 66.76x to 8.59x 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¥0.65 CN¥43.50 x
1999-12-31 CN¥1.05 CN¥43.50 x
2000-12-31 CN¥1.14 CN¥43.50 x
2001-12-31 CN¥3.39 CN¥43.50 x
2002-12-31 CN¥1.80 CN¥43.50 x
2003-12-31 CN¥1.91 CN¥43.50 x
2004-12-31 CN¥1.91 CN¥43.50 x
2005-12-31 CN¥1.93 CN¥43.50 x
2006-12-31 CN¥1.89 CN¥43.50 x
2007-12-31 CN¥2.15 CN¥43.50 x
2008-12-31 CN¥2.28 CN¥43.50 x
2009-12-31 CN¥2.35 CN¥43.50 x
2010-12-31 CN¥3.29 CN¥43.50 x
2011-12-31 CN¥5.36 CN¥43.50 x
2012-12-31 CN¥4.70 CN¥43.50 x
2013-12-31 CN¥5.10 CN¥43.50 x
2014-12-31 CN¥4.99 CN¥43.50 x
2015-12-31 CN¥5.24 CN¥43.50 x
2016-12-31 CN¥5.17 CN¥43.50 x
2017-12-31 CN¥5.20 CN¥43.50 x
2018-12-31 CN¥4.36 CN¥43.50 x
2019-12-31 CN¥4.44 CN¥43.50 x
2020-12-31 CN¥4.42 CN¥43.50 x
2021-12-31 CN¥4.49 CN¥43.50 x
2022-12-31 CN¥4.65 CN¥43.50 x
2023-12-31 CN¥4.97 CN¥43.50 x
2024-12-31 CN¥5.06 CN¥43.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently AECC Aero Science and Technology 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): 4.15%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.79%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 4.94x
  • Recent ROE (4.15%) is below the historical average (4.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 11.74% 8.45% 0.43x 3.22x CN¥1.41 Million
1999 10.40% 9.76% 0.47x 2.25x CN¥519.70K
2000 21.34% 16.79% 0.48x 2.66x CN¥16.03 Million
2001 8.35% 17.18% 0.31x 1.58x CN¥-6.93 Million
2002 5.12% 11.61% 0.30x 1.48x CN¥-20.43 Million
2003 5.84% 11.51% 0.34x 1.48x CN¥-18.51 Million
2004 4.66% 7.26% 0.42x 1.52x CN¥-23.77 Million
2005 5.27% 5.78% 0.57x 1.61x CN¥-21.77 Million
2006 8.51% 6.91% 0.62x 1.98x CN¥-6.87 Million
2007 12.91% 9.70% 0.51x 2.59x CN¥14.73 Million
2008 12.45% 7.49% 0.59x 2.81x CN¥13.14 Million
2009 8.76% 4.63% 0.64x 2.96x CN¥-6.78 Million
2010 7.46% 7.13% 0.65x 1.62x CN¥-27.56 Million
2011 2.99% 2.90% 0.49x 2.10x CN¥-110.62 Million
2012 2.34% 2.38% 0.44x 2.24x CN¥-122.70 Million
2013 1.96% 1.76% 0.43x 2.60x CN¥-130.63 Million
2014 1.80% 1.51% 0.44x 2.71x CN¥-134.56 Million
2015 1.91% 1.56% 0.40x 3.02x CN¥-134.25 Million
2016 2.52% 2.00% 0.38x 3.35x CN¥-126.58 Million
2017 2.69% 2.08% 0.39x 3.34x CN¥-127.38 Million
2018 -21.11% -12.82% 0.40x 4.10x CN¥-446.57 Million
2019 1.54% 0.67% 0.63x 3.70x CN¥-123.86 Million
2020 -1.10% -0.59% 0.47x 3.98x CN¥-161.85 Million
2021 1.44% 0.61% 0.56x 4.24x CN¥-126.98 Million
2022 3.04% 1.23% 0.59x 4.17x CN¥-106.72 Million
2023 3.02% 1.07% 0.63x 4.47x CN¥-111.38 Million
2024 4.15% 1.79% 0.47x 4.94x CN¥-97.09 Million

Industry Comparison

This section compares AECC Aero Science and Technology Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $1,905,739,972
  • Average return on equity (ROE) among peers: 11.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
AECC Aero Science and Technology Co Ltd (600391) CN¥2.92 Billion 11.74% 1.74x $1.17 Billion
Shaanxi Ligeance Mineral Resources Co Ltd (000697) $102.23 Million 20.95% 1.61x $576.57 Million
Aecc Aero Engine Control Co Ltd (000738) $5.67 Billion 4.58% 0.28x $1.93 Billion
Zhejiang XiaSha Precision (001316) $476.25 Million 27.15% 0.22x $218.15 Million
Sichuan Haite High-tech Co Ltd (002023) $175.19 Million 19.07% 0.67x $850.82 Million
Aerospace CH UAV Co Ltd (002389) $6.37 Billion 3.80% 0.25x $1.81 Billion
Kuang Chi Technologies Co Ltd (002625) $602.65 Million 10.94% 0.23x $8.62 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.43 Billion -4.03% 0.22x $429.19 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $910.30 Million 16.48% 0.19x $833.21 Million
Shaanxi Zhongtian Rocket Technology  (003009) $421.86 Million 7.68% 1.25x $416.06 Million
Bestway Marine & Energy Technology Co Ltd (300008) $2.90 Billion 5.59% 0.31x $1.63 Billion