Xiangtan Electric Manufacturing Co Ltd

SHG:600416 China Specialty Industrial Machinery
Market Cap
$2.83 Billion
CN¥20.76 Billion CNY
Market Cap Rank
#5082 Global
#609 in China
Share Price
CN¥14.07
Change (1 day)
-0.99%
52-Week Range
CN¥9.65 - CN¥17.42
All Time High
CN¥27.19
About

Xiangtan Electric Manufacturing Co. Ltd. manufactures and sells electrical products in China and internationally. The company offers high voltage and low-voltage motor, AC/DC motors, water pumps, condensate pumps, feedwater pumps, mining truck, efficient permanent magnet, drive system, and green energy system. It offers its products for thermal power, metallurgy, building materials, water conserv… Read more

Xiangtan Electric Manufacturing Co Ltd (600416) - Net Assets

Latest net assets as of September 2025: CN¥9.67 Billion CNY

Based on the latest financial reports, Xiangtan Electric Manufacturing Co Ltd (600416) has net assets worth CN¥9.67 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¥17.32 Billion) and total liabilities (CN¥7.65 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¥9.67 Billion
% of Total Assets 55.83%
Annual Growth Rate 16.04%
5-Year Change 126.0%
10-Year Change 88.32%
Growth Volatility 40.74

Xiangtan Electric Manufacturing Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing Co Ltd (1999–2024)

The table below shows the annual net assets of Xiangtan Electric Manufacturing Co Ltd from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.48 Billion +3.35%
2023-12-31 CN¥7.24 Billion +4.74%
2022-12-31 CN¥6.91 Billion +51.46%
2021-12-31 CN¥4.57 Billion +37.85%
2020-12-31 CN¥3.31 Billion +3.35%
2019-12-31 CN¥3.20 Billion -36.61%
2018-12-31 CN¥5.06 Billion -28.68%
2017-12-31 CN¥7.09 Billion +7.96%
2016-12-31 CN¥6.57 Billion +65.20%
2015-12-31 CN¥3.97 Billion +74.58%
2014-12-31 CN¥2.28 Billion +0.86%
2013-12-31 CN¥2.26 Billion +3.05%
2012-12-31 CN¥2.19 Billion -10.45%
2011-12-31 CN¥2.45 Billion -19.30%
2010-12-31 CN¥3.03 Billion +61.08%
2009-12-31 CN¥1.88 Billion +32.14%
2008-12-31 CN¥1.42 Billion +20.55%
2007-12-31 CN¥1.18 Billion +7.35%
2006-12-31 CN¥1.10 Billion +47.28%
2005-12-31 CN¥747.16 Million +4.18%
2004-12-31 CN¥717.19 Million +9.84%
2003-12-31 CN¥652.96 Million +5.46%
2002-12-31 CN¥619.14 Million +168.54%
2001-12-31 CN¥230.56 Million +21.26%
2000-12-31 CN¥190.13 Million +4.82%
1999-12-31 CN¥181.38 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xiangtan Electric Manufacturing 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 decreased by 230299117100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.33 Billion 17.72%
Other Components CN¥8.46 Billion 113.07%
Total Equity CN¥7.48 Billion 100.00%

Xiangtan Electric Manufacturing Co Ltd Competitors by Market Cap

The table below lists competitors of Xiangtan Electric Manufacturing Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,234,767,600 to 7,480,061,546, a change of 245,293,946 (3.4%).
  • Net income of 248,956,291 contributed positively to equity growth.
  • Dividend payments of 56,423,751 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥248.96 Million +3.33%
Dividends Paid CN¥56.42 Million -0.75%
Other Changes CN¥52.76 Million +0.71%
Total Change CN¥- 3.39%

Book Value vs Market Value Analysis

This analysis compares Xiangtan Electric Manufacturing 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: 2.46x
  • 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 34.47x to 2.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CN¥0.41 CN¥14.07 x
2000-12-31 CN¥0.43 CN¥14.07 x
2001-12-31 CN¥0.52 CN¥14.07 x
2002-12-31 CN¥1.39 CN¥14.07 x
2003-12-31 CN¥1.47 CN¥14.07 x
2004-12-31 CN¥1.53 CN¥14.07 x
2005-12-31 CN¥1.59 CN¥14.07 x
2006-12-31 CN¥2.38 CN¥14.07 x
2007-12-31 CN¥2.14 CN¥14.07 x
2008-12-31 CN¥2.26 CN¥14.07 x
2009-12-31 CN¥2.47 CN¥14.07 x
2010-12-31 CN¥4.35 CN¥14.07 x
2011-12-31 CN¥3.84 CN¥14.07 x
2012-12-31 CN¥3.37 CN¥14.07 x
2013-12-31 CN¥3.51 CN¥14.07 x
2014-12-31 CN¥3.53 CN¥14.07 x
2015-12-31 CN¥5.45 CN¥14.07 x
2016-12-31 CN¥7.89 CN¥14.07 x
2017-12-31 CN¥7.11 CN¥14.07 x
2018-12-31 CN¥4.80 CN¥14.07 x
2019-12-31 CN¥2.80 CN¥14.07 x
2020-12-31 CN¥2.90 CN¥14.07 x
2021-12-31 CN¥3.42 CN¥14.07 x
2022-12-31 CN¥5.97 CN¥14.07 x
2023-12-31 CN¥5.55 CN¥14.07 x
2024-12-31 CN¥5.71 CN¥14.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xiangtan Electric Manufacturing 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): 3.33%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.30%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 2.04x
  • Recent ROE (3.33%) is above the historical average (1.20%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 8.25% 3.85% 0.77x 2.78x CN¥-3.17 Million
2000 19.61% 7.74% 0.83x 3.07x CN¥18.27 Million
2001 17.12% 7.52% 0.80x 2.85x CN¥16.34 Million
2002 6.61% 7.12% 0.55x 1.70x CN¥-20.95 Million
2003 5.11% 4.25% 0.66x 1.82x CN¥-31.85 Million
2004 7.63% 4.23% 0.64x 2.83x CN¥-16.14 Million
2005 8.56% 3.40% 0.82x 3.05x CN¥-10.18 Million
2006 7.85% 3.81% 0.74x 2.80x CN¥-22.75 Million
2007 6.47% 2.74% 0.74x 3.20x CN¥-39.80 Million
2008 4.93% 1.76% 0.66x 4.22x CN¥-60.38 Million
2009 10.11% 2.58% 0.75x 5.22x CN¥1.39 Million
2010 8.96% 3.21% 0.65x 4.29x CN¥-25.16 Million
2011 5.99% 2.23% 0.46x 5.85x CN¥-93.08 Million
2012 -10.09% -3.83% 0.40x 6.64x CN¥-413.96 Million
2013 2.28% 0.73% 0.42x 7.43x CN¥-163.14 Million
2014 2.55% 0.70% 0.46x 7.83x CN¥-158.79 Million
2015 1.65% 0.67% 0.51x 4.81x CN¥-320.78 Million
2016 2.07% 1.21% 0.55x 3.09x CN¥-510.77 Million
2017 1.41% 0.94% 0.44x 3.40x CN¥-556.99 Million
2018 -42.09% -30.84% 0.30x 4.49x CN¥-2.37 Billion
2019 -59.71% -30.34% 0.31x 6.44x CN¥-1.84 Billion
2020 2.75% 1.60% 0.37x 4.65x CN¥-198.62 Million
2021 2.05% 1.97% 0.32x 3.28x CN¥-309.02 Million
2022 3.75% 5.69% 0.33x 2.03x CN¥-433.06 Million
2023 4.15% 6.57% 0.32x 2.00x CN¥-423.59 Million
2024 3.33% 5.30% 0.31x 2.04x CN¥-499.05 Million

Industry Comparison

This section compares Xiangtan Electric Manufacturing Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xiangtan Electric Manufacturing Co Ltd (600416) CN¥9.67 Billion 8.25% 0.79x $1.92 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million