Xiangtan Electric Manufacturing Co Ltd
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.
| Company | Market Cap |
|---|---|
|
Offshore Oil Engineering Co Ltd
SHG:600583
|
$1.92 Billion |
|
City Union Bank Limited
NSE:CUB
|
$1.93 Billion |
|
TOMRA SYSTEMS ASA NK-50
F:TMRA
|
$1.93 Billion |
|
Patanjali Foods Limited
NSE:PATANJALI
|
$1.93 Billion |
|
Hisense Electric Co Ltd
SHG:600060
|
$1.92 Billion |
|
Droneshield Ltd
AU:DRO
|
$1.92 Billion |
|
Ecopro Co. Ltd
KQ:086520
|
$1.92 Billion |
|
JD SPORTS FASH. LS -0005
F:9JD
|
$1.92 Billion |
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 |