Atlantic China Welding Consumables Inc

SHG:600558 China Specialty Industrial Machinery
Market Cap
$770.71 Million
CN¥5.65 Billion CNY
Market Cap Rank
#10233 Global
#2246 in China
Share Price
CN¥6.30
Change (1 day)
+0.80%
52-Week Range
CN¥4.19 - CN¥6.81
All Time High
CN¥7.94
Categories
Companies in China Specialty Industrial Machinery
About

Atlantic China Welding Consumables, Inc. engages in the research and development, production, and sale of welding rods, welding wires, and fluxes in China and internationally. The company offers carbon steel welding rods, low alloy steel welding rods, stainless steel welding rods, cladding welding rods, cast iron welding rods, nickel and nickel alloy welding rods, copper and copper alloy welding … Read more

Atlantic China Welding Consumables Inc (600558) - Net Assets

Latest net assets as of September 2025: CN¥2.60 Billion CNY

Based on the latest financial reports, Atlantic China Welding Consumables Inc (600558) has net assets worth CN¥2.60 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¥3.25 Billion) and total liabilities (CN¥648.24 Million). 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¥2.60 Billion
% of Total Assets 80.07%
Annual Growth Rate 14.17%
5-Year Change 12.05%
10-Year Change 27.34%
Growth Volatility 37.8

Atlantic China Welding Consumables Inc - Net Assets Trend (1997–2024)

This chart illustrates how Atlantic China Welding Consumables Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Atlantic China Welding Consumables Inc (1997–2024)

The table below shows the annual net assets of Atlantic China Welding Consumables Inc from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.57 Billion +5.13%
2023-12-31 CN¥2.45 Billion +3.42%
2022-12-31 CN¥2.37 Billion +1.94%
2021-12-31 CN¥2.32 Billion +1.09%
2020-12-31 CN¥2.30 Billion +4.17%
2019-12-31 CN¥2.21 Billion +4.91%
2018-12-31 CN¥2.10 Billion +1.29%
2017-12-31 CN¥2.08 Billion +1.43%
2016-12-31 CN¥2.05 Billion +1.21%
2015-12-31 CN¥2.02 Billion +2.99%
2014-12-31 CN¥1.96 Billion +55.37%
2013-12-31 CN¥1.26 Billion +5.31%
2012-12-31 CN¥1.20 Billion +4.51%
2011-12-31 CN¥1.15 Billion +2.68%
2010-12-31 CN¥1.12 Billion +33.17%
2009-12-31 CN¥839.58 Million +11.35%
2008-12-31 CN¥754.02 Million +4.95%
2007-12-31 CN¥718.46 Million +12.63%
2006-12-31 CN¥637.89 Million +1.63%
2005-12-31 CN¥627.67 Million +2.42%
2004-12-31 CN¥612.86 Million +2.57%
2003-12-31 CN¥597.50 Million +12.43%
2002-12-31 CN¥531.46 Million +8.13%
2001-12-31 CN¥491.48 Million +195.52%
2000-12-31 CN¥166.31 Million +15.94%
1999-12-31 CN¥143.44 Million +53.12%
1998-12-31 CN¥93.68 Million +30.34%
1997-12-31 CN¥71.87 Million --

Equity Component Analysis

This analysis shows how different components contribute to Atlantic China Welding Consumables Inc'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 84841858566.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥846.59 Million 35.72%
Common Stock CN¥897.60 Million 37.87%
Other Comprehensive Income CN¥192.03 Million 8.10%
Other Components CN¥433.96 Million 18.31%
Total Equity CN¥2.37 Billion 100.00%

Atlantic China Welding Consumables Inc Competitors by Market Cap

The table below lists competitors of Atlantic China Welding Consumables Inc ranked by their market capitalization.

Company Market Cap
Sagicor Financial Company Ltd
PINK:SGCFF
 		$503.92 Million
Zero One Technology Co Ltd
TW:3029
 		$503.94 Million
Türkiye Sinai Kalkinma Bankasi A.S
OTCGREY:TRKYY
 		$504.00 Million
Juewei Food Co Ltd
SHG:603517
 		$504.12 Million
NACHI-FUJIKOSHI
F:8UM
 		$503.77 Million
INDUS Holding AG
PINK:INDHF
 		$503.74 Million
Forum Energy Technologies Inc
NYSE:FET
 		$503.70 Million
China VTV Ltd
PINK:CVTV
 		$503.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Atlantic China Welding Consumables Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,254,542,681 to 2,370,183,112, a change of 115,640,431 (5.1%).
  • Net income of 154,978,828 contributed positively to equity growth.
  • Dividend payments of 53,458,998 reduced retained earnings.
  • Other comprehensive income increased equity by 192,028,545.
  • Other factors decreased equity by 177,907,944.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥154.98 Million +6.54%
Dividends Paid CN¥53.46 Million -2.26%
Other Comprehensive Income CN¥192.03 Million +8.1%
Other Changes CN¥-177.91 Million -7.51%
Total Change CN¥- 5.13%

Book Value vs Market Value Analysis

This analysis compares Atlantic China Welding Consumables Inc'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: 2.39x
  • 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 53.93x to 2.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.12 CN¥6.30 x
1998-12-31 CN¥0.15 CN¥6.30 x
1999-12-31 CN¥0.22 CN¥6.30 x
2000-12-31 CN¥0.25 CN¥6.30 x
2001-12-31 CN¥0.87 CN¥6.30 x
2002-12-31 CN¥0.90 CN¥6.30 x
2003-12-31 CN¥0.97 CN¥6.30 x
2004-12-31 CN¥1.01 CN¥6.30 x
2005-12-31 CN¥1.03 CN¥6.30 x
2006-12-31 CN¥1.05 CN¥6.30 x
2007-12-31 CN¥1.20 CN¥6.30 x
2008-12-31 CN¥1.27 CN¥6.30 x
2009-12-31 CN¥1.41 CN¥6.30 x
2010-12-31 CN¥1.79 CN¥6.30 x
2011-12-31 CN¥1.74 CN¥6.30 x
2012-12-31 CN¥2.65 CN¥6.30 x
2013-12-31 CN¥2.26 CN¥6.30 x
2014-12-31 CN¥2.07 CN¥6.30 x
2015-12-31 CN¥2.04 CN¥6.30 x
2016-12-31 CN¥2.06 CN¥6.30 x
2017-12-31 CN¥2.09 CN¥6.30 x
2018-12-31 CN¥2.14 CN¥6.30 x
2019-12-31 CN¥2.26 CN¥6.30 x
2020-12-31 CN¥2.35 CN¥6.30 x
2021-12-31 CN¥2.38 CN¥6.30 x
2022-12-31 CN¥2.43 CN¥6.30 x
2023-12-31 CN¥2.51 CN¥6.30 x
2024-12-31 CN¥2.64 CN¥6.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Atlantic China Welding Consumables Inc 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): 6.54%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.35%
  • • Asset Turnover: 1.12x
  • • Equity Multiplier: 1.34x
  • Recent ROE (6.54%) is below the historical average (8.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 36.36% 9.33% 1.21x 3.22x CN¥16.21 Million
1998 33.13% 7.67% 1.30x 3.32x CN¥17.77 Million
1999 18.41% 5.63% 1.08x 3.03x CN¥9.56 Million
2000 17.42% 5.67% 1.04x 2.95x CN¥9.88 Million
2001 5.59% 5.69% 0.68x 1.44x CN¥-20.23 Million
2002 6.01% 5.61% 0.72x 1.49x CN¥-18.86 Million
2003 7.00% 5.62% 0.73x 1.71x CN¥-15.33 Million
2004 6.17% 3.48% 0.90x 1.97x CN¥-20.29 Million
2005 5.37% 2.50% 1.01x 2.12x CN¥-25.19 Million
2006 7.24% 3.02% 1.11x 2.17x CN¥-15.27 Million
2007 10.71% 4.12% 1.17x 2.23x CN¥4.46 Million
2008 7.80% 2.47% 1.40x 2.25x CN¥-14.69 Million
2009 10.15% 3.88% 1.10x 2.38x CN¥1.13 Million
2010 5.85% 2.71% 1.20x 1.80x CN¥-42.50 Million
2011 4.02% 1.74% 1.30x 1.77x CN¥-63.04 Million
2012 2.60% 1.20% 1.17x 1.84x CN¥-79.32 Million
2013 3.62% 1.82% 0.97x 2.06x CN¥-70.23 Million
2014 3.32% 2.72% 0.82x 1.50x CN¥-119.12 Million
2015 3.62% 3.91% 0.64x 1.45x CN¥-116.85 Million
2016 2.40% 2.64% 0.63x 1.45x CN¥-140.64 Million
2017 2.50% 2.23% 0.74x 1.52x CN¥-141.00 Million
2018 3.23% 2.41% 0.88x 1.52x CN¥-130.26 Million
2019 4.09% 2.98% 0.92x 1.49x CN¥-119.89 Million
2020 5.02% 3.52% 0.98x 1.46x CN¥-104.91 Million
2021 3.62% 2.25% 1.09x 1.47x CN¥-136.53 Million
2022 3.12% 2.04% 1.06x 1.44x CN¥-149.87 Million
2023 4.49% 2.95% 1.08x 1.41x CN¥-124.14 Million
2024 6.54% 4.35% 1.12x 1.34x CN¥-82.04 Million

Industry Comparison

This section compares Atlantic China Welding Consumables Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,756,582,101
  • Average return on equity (ROE) among peers: 3.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Atlantic China Welding Consumables Inc (600558) CN¥2.60 Billion 36.36% 0.25x $503.90 Million
Huayi Compressor Co Ltd (000404) $4.62 Billion 6.27% 1.54x $442.00 Million
Shenyang Machine Tool Co Ltd (000410) $1.64 Billion 1.42% 7.02x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.01 Billion 5.39% 0.56x $1.99 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $253.05 Million 8.02% 1.40x $521.27 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $2.55 Billion 0.37% 0.97x $25.43 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $534.59 Million
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.02 Billion
J.S. Corrugating Machinery Co Ltd (000821) $4.26 Billion 10.07% 2.30x $779.89 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.87 Billion 7.25% 1.03x $897.36 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $316.43 Million 11.36% 5.88x $460.99 Million