Atlantic China Welding Consumables Inc (600558) - Net Assets
Based on the latest financial reports, Atlantic China Welding Consumables Inc (600558) has net assets worth CN¥2.72 Billion CNY (≈ $397.57 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¥3.33 Billion ≈ $487.54 Million USD) and total liabilities (CN¥614.82 Million ≈ $89.97 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. Check tangible equity quality of Atlantic China Welding Consumables Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.72 Billion |
| % of Total Assets | 81.55% |
| Annual Growth Rate | 13.76% |
| 5-Year Change | 14.29% |
| 10-Year Change | 29.74% |
| Growth Volatility | 37.22 |
Atlantic China Welding Consumables Inc - Net Assets Trend (1997–2025)
This chart illustrates how Atlantic China Welding Consumables Inc's net assets have evolved over time, based on quarterly financial data. See Atlantic China Welding Consumables Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Atlantic China Welding Consumables Inc (1997–2025)
The table below shows the annual net assets of Atlantic China Welding Consumables Inc from 1997 to 2025. For live valuation and market cap data, see Atlantic China Welding Consumables Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.65 Billion ≈ $388.49 Million |
+3.12% |
| 2024-12-31 | CN¥2.57 Billion ≈ $376.75 Million |
+5.13% |
| 2023-12-31 | CN¥2.45 Billion ≈ $358.37 Million |
+3.42% |
| 2022-12-31 | CN¥2.37 Billion ≈ $346.50 Million |
+1.94% |
| 2021-12-31 | CN¥2.32 Billion ≈ $339.90 Million |
+1.09% |
| 2020-12-31 | CN¥2.30 Billion ≈ $336.23 Million |
+4.17% |
| 2019-12-31 | CN¥2.21 Billion ≈ $322.77 Million |
+4.91% |
| 2018-12-31 | CN¥2.10 Billion ≈ $307.66 Million |
+1.29% |
| 2017-12-31 | CN¥2.08 Billion ≈ $303.73 Million |
+1.43% |
| 2016-12-31 | CN¥2.05 Billion ≈ $299.44 Million |
+1.21% |
| 2015-12-31 | CN¥2.02 Billion ≈ $295.86 Million |
+2.99% |
| 2014-12-31 | CN¥1.96 Billion ≈ $287.26 Million |
+55.37% |
| 2013-12-31 | CN¥1.26 Billion ≈ $184.89 Million |
+5.31% |
| 2012-12-31 | CN¥1.20 Billion ≈ $175.57 Million |
+4.51% |
| 2011-12-31 | CN¥1.15 Billion ≈ $168.00 Million |
+2.68% |
| 2010-12-31 | CN¥1.12 Billion ≈ $163.61 Million |
+33.17% |
| 2009-12-31 | CN¥839.58 Million ≈ $122.86 Million |
+11.35% |
| 2008-12-31 | CN¥754.02 Million ≈ $110.34 Million |
+4.95% |
| 2007-12-31 | CN¥718.46 Million ≈ $105.13 Million |
+12.63% |
| 2006-12-31 | CN¥637.89 Million ≈ $93.34 Million |
+1.63% |
| 2005-12-31 | CN¥627.67 Million ≈ $91.85 Million |
+2.42% |
| 2004-12-31 | CN¥612.86 Million ≈ $89.68 Million |
+2.57% |
| 2003-12-31 | CN¥597.50 Million ≈ $87.43 Million |
+12.43% |
| 2002-12-31 | CN¥531.46 Million ≈ $77.77 Million |
+8.13% |
| 2001-12-31 | CN¥491.48 Million ≈ $71.92 Million |
+195.52% |
| 2000-12-31 | CN¥166.31 Million ≈ $24.34 Million |
+15.94% |
| 1999-12-31 | CN¥143.44 Million ≈ $20.99 Million |
+53.12% |
| 1998-12-31 | CN¥93.68 Million ≈ $13.71 Million |
+30.34% |
| 1997-12-31 | CN¥71.87 Million ≈ $10.52 Million |
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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 88504283818.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥883.22 Million | 36.45% |
| Other Components | CN¥1.54 Billion | 63.55% |
| Total Equity | CN¥2.42 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 |
|---|---|
|
Chenming Mold Industrial Corp
TW:3013
|
$730.32 Million |
|
Anbio Biotechnology Class A Ordinary Shares
NASDAQ:NNNN
|
$730.35 Million |
|
GHT Co Ltd Class A
SHE:300711
|
$730.45 Million |
|
Yuanli Chemical Group Co Ltd
SHG:603217
|
$730.49 Million |
|
Lectra SA
PA:LSS
|
$730.08 Million |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
$729.64 Million |
|
Van Phu - Invest Investment JSC
VN:VPI
|
$729.60 Million |
|
Amos Luzon Development and Energy Group Ltd
TA:LUZN
|
$729.59 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 2024 to 2025, total equity changed from 2,370,183,112 to 2,423,373,409, a change of 53,190,297 (2.2%).
- Net income of 182,194,380 contributed positively to equity growth.
- Dividend payments of 137,346,190 reduced retained earnings.
- Other comprehensive income decreased equity by 192,028,545.
- Other factors increased equity by 200,370,651.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥182.19 Million | +7.52% |
| Dividends Paid | CN¥137.35 Million | -5.67% |
| Other Comprehensive Income | CN¥-192.03 Million | -7.92% |
| Other Changes | CN¥200.37 Million | +8.27% |
| Total Change | CN¥- | 2.24% |
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: 2.06x
- 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 47.60x to 2.06x 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¥5.56 | x |
| 1998-12-31 | CN¥0.15 | CN¥5.56 | x |
| 1999-12-31 | CN¥0.22 | CN¥5.56 | x |
| 2000-12-31 | CN¥0.25 | CN¥5.56 | x |
| 2001-12-31 | CN¥0.87 | CN¥5.56 | x |
| 2002-12-31 | CN¥0.90 | CN¥5.56 | x |
| 2003-12-31 | CN¥0.97 | CN¥5.56 | x |
| 2004-12-31 | CN¥1.01 | CN¥5.56 | x |
| 2005-12-31 | CN¥1.03 | CN¥5.56 | x |
| 2006-12-31 | CN¥1.05 | CN¥5.56 | x |
| 2007-12-31 | CN¥1.20 | CN¥5.56 | x |
| 2008-12-31 | CN¥1.27 | CN¥5.56 | x |
| 2009-12-31 | CN¥1.41 | CN¥5.56 | x |
| 2010-12-31 | CN¥1.79 | CN¥5.56 | x |
| 2011-12-31 | CN¥1.74 | CN¥5.56 | x |
| 2012-12-31 | CN¥1.77 | CN¥5.56 | x |
| 2013-12-31 | CN¥1.73 | CN¥5.56 | x |
| 2014-12-31 | CN¥2.07 | CN¥5.56 | x |
| 2015-12-31 | CN¥2.04 | CN¥5.56 | x |
| 2016-12-31 | CN¥2.06 | CN¥5.56 | x |
| 2017-12-31 | CN¥2.09 | CN¥5.56 | x |
| 2018-12-31 | CN¥2.14 | CN¥5.56 | x |
| 2019-12-31 | CN¥2.26 | CN¥5.56 | x |
| 2020-12-31 | CN¥2.35 | CN¥5.56 | x |
| 2021-12-31 | CN¥2.38 | CN¥5.56 | x |
| 2022-12-31 | CN¥2.43 | CN¥5.56 | x |
| 2023-12-31 | CN¥2.51 | CN¥5.56 | x |
| 2024-12-31 | CN¥2.64 | CN¥5.56 | x |
| 2025-12-31 | CN¥2.70 | CN¥5.56 | 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): 7.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.91%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.35x
- Recent ROE (7.52%) is below the historical average (8.17%), 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 | 2.66% | 1.23% | 1.17x | 1.84x | CN¥-78.60 Million |
| 2013 | 3.62% | 1.82% | 0.97x | 2.06x | CN¥-70.23 Million |
| 2014 | 3.35% | 2.70% | 0.83x | 1.50x | CN¥-118.69 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 |
| 2025 | 7.52% | 4.91% | 1.14x | 1.35x | CN¥-60.14 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlantic China Welding Consumables Inc (600558) | CN¥2.72 Billion | 36.36% | 0.23x | $730.29 Million |
| 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 Atlantic China Welding Consumables Inc
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. It 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 rods; wel… Read more