Xiangtan Electric Manufacturing Co Ltd (600416) - Net Assets

Latest as of September 2025: CN¥9.67 Billion CNY ≈ $1.41 Billion USD

Based on the latest financial reports, Xiangtan Electric Manufacturing Co Ltd (600416) has net assets worth CN¥9.67 Billion CNY (≈ $1.41 Billion USD) 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 ≈ $2.53 Billion USD) and total liabilities (CN¥7.65 Billion ≈ $1.12 Billion 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 tangible equity quality of Xiangtan Electric Manufacturing Co Ltd to evaluate the tangible quality of the company's equity base.

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. See 600416 days of operational coverage to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see 600416 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥7.48 Billion ≈ $1.10 Billion	+3.35%
2023-12-31	CN¥7.24 Billion ≈ $1.06 Billion	+4.74%
2022-12-31	CN¥6.91 Billion ≈ $1.01 Billion	+51.46%
2021-12-31	CN¥4.57 Billion ≈ $668.05 Million	+37.85%
2020-12-31	CN¥3.31 Billion ≈ $484.63 Million	+3.35%
2019-12-31	CN¥3.20 Billion ≈ $468.92 Million	-36.61%
2018-12-31	CN¥5.06 Billion ≈ $739.75 Million	-28.68%
2017-12-31	CN¥7.09 Billion ≈ $1.04 Billion	+7.96%
2016-12-31	CN¥6.57 Billion ≈ $960.81 Million	+65.20%
2015-12-31	CN¥3.97 Billion ≈ $581.59 Million	+74.58%
2014-12-31	CN¥2.28 Billion ≈ $333.13 Million	+0.86%
2013-12-31	CN¥2.26 Billion ≈ $330.28 Million	+3.05%
2012-12-31	CN¥2.19 Billion ≈ $320.52 Million	-10.45%
2011-12-31	CN¥2.45 Billion ≈ $357.92 Million	-19.30%
2010-12-31	CN¥3.03 Billion ≈ $443.54 Million	+61.08%
2009-12-31	CN¥1.88 Billion ≈ $275.35 Million	+32.14%
2008-12-31	CN¥1.42 Billion ≈ $208.38 Million	+20.55%
2007-12-31	CN¥1.18 Billion ≈ $172.86 Million	+7.35%
2006-12-31	CN¥1.10 Billion ≈ $161.03 Million	+47.28%
2005-12-31	CN¥747.16 Million ≈ $109.33 Million	+4.18%
2004-12-31	CN¥717.19 Million ≈ $104.95 Million	+9.84%
2003-12-31	CN¥652.96 Million ≈ $95.55 Million	+5.46%
2002-12-31	CN¥619.14 Million ≈ $90.60 Million	+168.54%
2001-12-31	CN¥230.56 Million ≈ $33.74 Million	+21.26%
2000-12-31	CN¥190.13 Million ≈ $27.82 Million	+4.82%
1999-12-31	CN¥181.38 Million ≈ $26.54 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
Inventrust Properties Corp NYSE:IVT	$2.40 Billion
Jinhui Mining Co Ltd SHG:603132	$2.40 Billion
North Electro-Optic Co Ltd SHG:600184	$2.41 Billion
Peloton Interactive Inc NASDAQ:PTON	$2.41 Billion
Aksa Enerji Uretim AS IS:AKSEN	$2.40 Billion
TransMedics Group Inc NASDAQ:TMDX	$2.40 Billion
Ningbo Yunsheng Co Ltd SHG:600366	$2.40 Billion
MOBVISTA INC. DL-01 F:6MO	$2.40 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: 1.95x
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 27.26x to 1.95x 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¥11.13	x
2000-12-31	CN¥0.43	CN¥11.13	x
2001-12-31	CN¥0.52	CN¥11.13	x
2002-12-31	CN¥1.39	CN¥11.13	x
2003-12-31	CN¥1.47	CN¥11.13	x
2004-12-31	CN¥1.53	CN¥11.13	x
2005-12-31	CN¥1.59	CN¥11.13	x
2006-12-31	CN¥2.38	CN¥11.13	x
2007-12-31	CN¥2.14	CN¥11.13	x
2008-12-31	CN¥2.26	CN¥11.13	x
2009-12-31	CN¥2.47	CN¥11.13	x
2010-12-31	CN¥4.35	CN¥11.13	x
2011-12-31	CN¥3.84	CN¥11.13	x
2012-12-31	CN¥3.37	CN¥11.13	x
2013-12-31	CN¥3.51	CN¥11.13	x
2014-12-31	CN¥3.53	CN¥11.13	x
2015-12-31	CN¥5.45	CN¥11.13	x
2016-12-31	CN¥7.89	CN¥11.13	x
2017-12-31	CN¥7.11	CN¥11.13	x
2018-12-31	CN¥4.80	CN¥11.13	x
2019-12-31	CN¥2.80	CN¥11.13	x
2020-12-31	CN¥2.90	CN¥11.13	x
2021-12-31	CN¥3.42	CN¥11.13	x
2022-12-31	CN¥5.97	CN¥11.13	x
2023-12-31	CN¥5.55	CN¥11.13	x
2024-12-31	CN¥5.71	CN¥11.13	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: $2,053,540,271
Average return on equity (ROE) among peers: 4.45%

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	$2.40 Billion
Huayi Compressor Co Ltd (000404)	$2.70 Billion	6.94%	1.45x	$768.94 Million
Shenyang Machine Tool Co Ltd (000410)	$1.11 Billion	8.63%	3.77x	$1.98 Billion
North Industries Group Red Arrow Co Ltd (000519)	$9.75 Billion	8.40%	0.54x	$4.14 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$657.04 Million	17.35%	0.68x	$478.11 Million
Changchai Co Ltd (000570)	$2.06 Billion	3.02%	0.72x	$409.83 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$437.03 Million	6.41%	1.13x	$32.29 Million
Baota Industry Co Ltd (000595)	$356.47 Million	-22.08%	1.87x	$1.07 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$303.55 Million	4.59%	0.79x	$1.10 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.36 Billion	2.28%	1.62x	$788.41 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$803.92 Million	9.00%	0.67x	$1.83 Billion

About Xiangtan Electric Manufacturing Co Ltd

SHG:600416 China Specialty Industrial Machinery

Market Cap

$2.40 Billion

CN¥16.43 Billion CNY

Market Cap Rank

#5721 Global

#1144 in China

Share Price

CN¥11.13

Change (1 day)

-0.36%

52-Week Range

CN¥9.55 - CN¥17.42

All Time High

CN¥27.19