North Navigation Control Technology Co Ltd Net Assets
North Navigation Control Technology Co Ltd net assets. Based on the latest financial reports, North Navigation Control Technology Co Ltd (600435) has net assets worth CN¥3.64 Billion CNY (≈ $533.26 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.62 Billion ≈ $1.12 Billion USD) and total liabilities (CN¥3.98 Billion ≈ $582.52 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. Also explore 600435 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.64 Billion |
| % of Total Assets | 47.79% |
| Annual Growth Rate | 16.8% |
| 5-Year Change | 20.79% |
| 10-Year Change | 42.6% |
| Growth Volatility | 66.08 |
Net Assets of North Navigation Control Technology Co Ltd (2000–2025)
Net assets of North Navigation Control Technology Co Ltd from 2000 to 2025. This chart illustrates how North Navigation Control Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See North Navigation Control Technology Co L balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for North Navigation Control Technology Co Ltd (2000–2025)
The table below shows the annual net assets of North Navigation Control Technology Co Ltd from 2000 to 2025. For live market cap and overall valuation, see market cap of North Navigation Control Technology Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.74 Billion ≈ $546.90 Million |
+6.05% |
| 2024-12-31 | CN¥3.52 Billion ≈ $515.70 Million |
+1.54% |
| 2023-12-31 | CN¥3.47 Billion ≈ $507.90 Million |
+7.30% |
| 2022-12-31 | CN¥3.23 Billion ≈ $473.33 Million |
+4.54% |
| 2021-12-31 | CN¥3.09 Billion ≈ $452.77 Million |
+4.20% |
| 2020-12-31 | CN¥2.97 Billion ≈ $434.51 Million |
+4.87% |
| 2019-12-31 | CN¥2.83 Billion ≈ $414.33 Million |
+2.09% |
| 2018-12-31 | CN¥2.77 Billion ≈ $405.85 Million |
+3.85% |
| 2017-12-31 | CN¥2.67 Billion ≈ $390.80 Million |
+1.90% |
| 2016-12-31 | CN¥2.62 Billion ≈ $383.52 Million |
+2.95% |
| 2015-12-31 | CN¥2.55 Billion ≈ $372.54 Million |
+4.95% |
| 2014-12-31 | CN¥2.43 Billion ≈ $354.96 Million |
-1.56% |
| 2013-12-31 | CN¥2.46 Billion ≈ $360.57 Million |
-1.37% |
| 2012-12-31 | CN¥2.50 Billion ≈ $365.59 Million |
+0.10% |
| 2011-12-31 | CN¥2.50 Billion ≈ $365.21 Million |
+0.79% |
| 2010-12-31 | CN¥2.48 Billion ≈ $362.36 Million |
+17.00% |
| 2009-12-31 | CN¥2.12 Billion ≈ $309.72 Million |
+91.09% |
| 2008-12-31 | CN¥1.11 Billion ≈ $162.08 Million |
+93.97% |
| 2007-12-31 | CN¥571.03 Million ≈ $83.56 Million |
-5.40% |
| 2006-12-31 | CN¥603.64 Million ≈ $88.33 Million |
+10.33% |
| 2005-12-31 | CN¥547.11 Million ≈ $80.06 Million |
+2.06% |
| 2004-12-31 | CN¥536.06 Million ≈ $78.44 Million |
+3.82% |
| 2003-12-31 | CN¥516.33 Million ≈ $75.56 Million |
+325.61% |
| 2002-12-31 | CN¥121.31 Million ≈ $17.75 Million |
+26.19% |
| 2001-12-31 | CN¥96.14 Million ≈ $14.07 Million |
+24.87% |
| 2000-12-31 | CN¥76.99 Million ≈ $11.27 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to North Navigation Control 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 26854.3% over the analyzed period, indicating profitable operations and earnings retention.
North Navigation Control Technology Co Ltd Net Assets Breakdown (December 2025)
North Navigation Control Technology Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥939.10 Million | 32.19% |
| Common Stock | CN¥1.51 Billion | 51.84% |
| Other Comprehensive Income | CN¥249.27 Million | 8.54% |
| Other Components | CN¥216.84 Million | 7.43% |
| Total Equity | CN¥2.92 Billion | 100.00% |
North Navigation Control Technology Co Ltd Competitors by Market Cap
The table below lists competitors of North Navigation Control Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CareDx Inc
NASDAQ:CDNA
|
$2.59 Billion |
|
GOLDEN AGRI-RES ADR/100
F:4G3
|
$2.59 Billion |
|
ACME Solar Holdings Limited
NSE:ACMESOLAR
|
$2.59 Billion |
|
Fervo Energy Company Class A common stock
NASDAQ:FRVO
|
$2.59 Billion |
|
Trustmark Corporation
NASDAQ:TRMK
|
$2.59 Billion |
|
Hyundai Construction Equipment Co Ltd
KO:267270
|
$2.59 Billion |
|
American Eagle Outfitters Inc
NYSE:AEO
|
$2.59 Billion |
|
Danaos Corporation
NYSE:DAC
|
$2.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in North Navigation Control Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,769,527,349 to 2,917,567,334, a change of 148,039,985 (5.3%).
- Net income of 120,610,953 contributed positively to equity growth.
- Dividend payments of 30,181,222 reduced retained earnings.
- Other comprehensive income increased equity by 2,802,032.
- Other factors increased equity by 54,808,222.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥120.61 Million | +4.13% |
| Dividends Paid | CN¥30.18 Million | -1.03% |
| Other Comprehensive Income | CN¥2.80 Million | +0.1% |
| Other Changes | CN¥54.81 Million | +1.88% |
| Total Change | CN¥- | 5.35% |
Book Value vs Market Value Analysis
This analysis compares North Navigation Control 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: 6.04x
- 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 83.89x to 6.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.14 | CN¥11.69 | x |
| 2001-12-31 | CN¥0.17 | CN¥11.69 | x |
| 2002-12-31 | CN¥0.22 | CN¥11.69 | x |
| 2003-12-31 | CN¥0.93 | CN¥11.69 | x |
| 2004-12-31 | CN¥0.97 | CN¥11.69 | x |
| 2005-12-31 | CN¥0.99 | CN¥11.69 | x |
| 2006-12-31 | CN¥0.62 | CN¥11.69 | x |
| 2007-12-31 | CN¥0.60 | CN¥11.69 | x |
| 2008-12-31 | CN¥0.79 | CN¥11.69 | x |
| 2009-12-31 | CN¥1.42 | CN¥11.69 | x |
| 2010-12-31 | CN¥1.44 | CN¥11.69 | x |
| 2011-12-31 | CN¥1.85 | CN¥11.69 | x |
| 2012-12-31 | CN¥0.97 | CN¥11.69 | x |
| 2013-12-31 | CN¥1.30 | CN¥11.69 | x |
| 2014-12-31 | CN¥1.24 | CN¥11.69 | x |
| 2015-12-31 | CN¥1.60 | CN¥11.69 | x |
| 2016-12-31 | CN¥1.45 | CN¥11.69 | x |
| 2017-12-31 | CN¥1.33 | CN¥11.69 | x |
| 2018-12-31 | CN¥1.29 | CN¥11.69 | x |
| 2019-12-31 | CN¥1.45 | CN¥11.69 | x |
| 2020-12-31 | CN¥1.49 | CN¥11.69 | x |
| 2021-12-31 | CN¥1.57 | CN¥11.69 | x |
| 2022-12-31 | CN¥1.67 | CN¥11.69 | x |
| 2023-12-31 | CN¥1.83 | CN¥11.69 | x |
| 2024-12-31 | CN¥1.88 | CN¥11.69 | x |
| 2025-12-31 | CN¥1.94 | CN¥11.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently North Navigation Control 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): 4.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.89%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.81x
- Recent ROE (4.13%) is below the historical average (5.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 15.81% | 8.30% | 0.78x | 2.45x | CN¥4.48 Million |
| 2001 | 25.62% | 12.86% | 0.84x | 2.37x | CN¥14.90 Million |
| 2002 | 20.87% | 11.48% | 0.84x | 2.17x | CN¥13.11 Million |
| 2003 | 5.24% | 11.06% | 0.40x | 1.18x | CN¥-24.52 Million |
| 2004 | 2.83% | 7.50% | 0.33x | 1.15x | CN¥-38.33 Million |
| 2005 | 2.95% | 6.24% | 0.38x | 1.23x | CN¥-38.53 Million |
| 2006 | 2.68% | 3.58% | 0.51x | 1.48x | CN¥-40.40 Million |
| 2007 | -7.38% | -10.46% | 0.48x | 1.46x | CN¥-89.85 Million |
| 2008 | 16.03% | 14.54% | 0.55x | 2.00x | CN¥62.93 Million |
| 2009 | 8.83% | 10.32% | 0.56x | 1.52x | CN¥-23.65 Million |
| 2010 | 9.39% | 11.14% | 0.48x | 1.75x | CN¥-13.02 Million |
| 2011 | 0.54% | 0.83% | 0.37x | 1.75x | CN¥-201.50 Million |
| 2012 | 0.56% | 1.15% | 0.29x | 1.69x | CN¥-202.53 Million |
| 2013 | 1.15% | 1.72% | 0.38x | 1.78x | CN¥-185.35 Million |
| 2014 | 1.61% | 2.02% | 0.39x | 2.03x | CN¥-169.39 Million |
| 2015 | 1.87% | 2.09% | 0.42x | 2.13x | CN¥-167.33 Million |
| 2016 | 2.07% | 2.14% | 0.42x | 2.28x | CN¥-164.28 Million |
| 2017 | 2.26% | 2.42% | 0.40x | 2.35x | CN¥-162.07 Million |
| 2018 | 2.33% | 2.48% | 0.40x | 2.34x | CN¥-162.95 Million |
| 2019 | 2.07% | 1.94% | 0.47x | 2.28x | CN¥-171.04 Million |
| 2020 | 2.82% | 2.08% | 0.57x | 2.37x | CN¥-159.47 Million |
| 2021 | 5.71% | 3.35% | 0.62x | 2.77x | CN¥-100.21 Million |
| 2022 | 7.45% | 4.82% | 0.61x | 2.55x | CN¥-63.44 Million |
| 2023 | 7.09% | 5.39% | 0.49x | 2.69x | CN¥-78.88 Million |
| 2024 | 2.13% | 2.15% | 0.35x | 2.80x | CN¥-217.92 Million |
| 2025 | 4.13% | 2.89% | 0.51x | 2.81x | CN¥-171.15 Million |
Industry Comparison
This section compares North Navigation Control 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: $3,742,197,954
- Average return on equity (ROE) among peers: 3.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| North Navigation Control Technology Co Ltd (600435) | CN¥3.64 Billion | 15.81% | 1.09x | $2.59 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $474.55 Million | -12.34% | 1.10x | $1.89 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $409.00 Million | -4.56% | 0.92x | $3.57 Billion |
| AVIC Aircraft Co Ltd (000768) | $16.94 Billion | 2.36% | 1.21x | $9.68 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $493.03 Million | 7.93% | 0.11x | $945.35 Million |
| Aerospace CH UAV Co Ltd (002389) | $6.78 Billion | 4.04% | 0.30x | $2.61 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $8.23 Billion | 4.58% | 0.12x | $5.92 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.50 Billion | 1.26% | 0.59x | $419.51 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $924.11 Million | 8.91% | 0.22x | $298.64 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $439.12 Million | 17.60% | 0.20x | $1.43 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $1.23 Billion | 8.38% | 0.41x | $1.01 Billion |
About North Navigation Control Technology Co Ltd
North Navigation Control Technology Co.,Ltd. provides military and civilian products in China. The company offers navigation control and ammunition information technology which covers guidance, navigation, detection, environmental, and stability control; satellite and ground communications; electrical connectors; unmanned patrol aircraft; and other products and technologies, as well as special ve… Read more