Wolong Electric Group Co Ltd (600580) - Net Assets
Based on the latest financial reports, Wolong Electric Group Co Ltd (600580) has net assets worth CN¥11.26 Billion CNY (≈ $1.65 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¥25.17 Billion ≈ $3.68 Billion USD) and total liabilities (CN¥13.90 Billion ≈ $2.03 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 Wolong Electric Group Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥11.26 Billion |
| % of Total Assets | 44.76% |
| Annual Growth Rate | 21.6% |
| 5-Year Change | 39.28% |
| 10-Year Change | 129.29% |
| Growth Volatility | 46.13 |
Wolong Electric Group Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Wolong Electric Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Wolong Electric Group Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Wolong Electric Group Co Ltd (1999–2024)
The table below shows the annual net assets of Wolong Electric Group Co Ltd from 1999 to 2024. For live valuation and market cap data, see market cap of Wolong Electric Group Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.40 Billion ≈ $1.67 Billion |
+6.51% |
| 2023-12-31 | CN¥10.70 Billion ≈ $1.57 Billion |
+5.53% |
| 2022-12-31 | CN¥10.14 Billion ≈ $1.48 Billion |
+12.76% |
| 2021-12-31 | CN¥8.99 Billion ≈ $1.32 Billion |
+9.89% |
| 2020-12-31 | CN¥8.18 Billion ≈ $1.20 Billion |
+10.31% |
| 2019-12-31 | CN¥7.42 Billion ≈ $1.09 Billion |
+14.70% |
| 2018-12-31 | CN¥6.47 Billion ≈ $946.56 Million |
+6.98% |
| 2017-12-31 | CN¥6.05 Billion ≈ $884.83 Million |
+8.47% |
| 2016-12-31 | CN¥5.57 Billion ≈ $815.70 Million |
+12.12% |
| 2015-12-31 | CN¥4.97 Billion ≈ $727.52 Million |
+20.08% |
| 2014-12-31 | CN¥4.14 Billion ≈ $605.89 Million |
+6.67% |
| 2013-12-31 | CN¥3.88 Billion ≈ $568.01 Million |
+39.19% |
| 2012-12-31 | CN¥2.79 Billion ≈ $408.09 Million |
+2.49% |
| 2011-12-31 | CN¥2.72 Billion ≈ $398.17 Million |
+4.88% |
| 2010-12-31 | CN¥2.59 Billion ≈ $379.63 Million |
+81.10% |
| 2009-12-31 | CN¥1.43 Billion ≈ $209.63 Million |
+25.65% |
| 2008-12-31 | CN¥1.14 Billion ≈ $166.83 Million |
+10.81% |
| 2007-12-31 | CN¥1.03 Billion ≈ $150.56 Million |
+8.53% |
| 2006-12-31 | CN¥948.00 Million ≈ $138.72 Million |
+52.59% |
| 2005-12-31 | CN¥621.27 Million ≈ $90.91 Million |
+8.77% |
| 2004-12-31 | CN¥571.17 Million ≈ $83.58 Million |
+17.53% |
| 2003-12-31 | CN¥485.98 Million ≈ $71.11 Million |
+9.17% |
| 2002-12-31 | CN¥445.18 Million ≈ $65.14 Million |
+235.69% |
| 2001-12-31 | CN¥132.62 Million ≈ $19.41 Million |
+35.90% |
| 2000-12-31 | CN¥97.58 Million ≈ $14.28 Million |
+13.87% |
| 1999-12-31 | CN¥85.69 Million ≈ $12.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wolong Electric Group 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 652190571508.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.52 Billion | 64.96% |
| Common Stock | CN¥1.30 Billion | 12.98% |
| Other Comprehensive Income | CN¥326.03 Million | 3.25% |
| Other Components | CN¥1.89 Billion | 18.81% |
| Total Equity | CN¥10.03 Billion | 100.00% |
Wolong Electric Group Co Ltd Competitors by Market Cap
The table below lists competitors of Wolong Electric Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guocheng Mining Co Ltd
SHE:000688
|
$8.81 Billion |
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
$8.81 Billion |
|
Campbell’s Co
NYSE:CPB
|
$8.81 Billion |
|
CareTrust REIT Inc.
NYSE:CTRE
|
$8.82 Billion |
|
WuXi AppTec Co. Ltd
F:WX8
|
$8.80 Billion |
|
Zions Bancorporation
NASDAQ:ZION
|
$8.79 Billion |
|
AZUL SA PFD ADR 1
F:8AZA
|
$8.79 Billion |
|
Dino Polska SA
WAR:DNP
|
$8.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wolong Electric Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,408,130,273 to 10,034,793,606, a change of 626,663,333 (6.7%).
- Net income of 792,825,182 contributed positively to equity growth.
- Dividend payments of 377,808,863 reduced retained earnings.
- Share repurchases of 82,889,417 reduced equity.
- Other comprehensive income increased equity by 308,752,137.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥792.83 Million | +7.9% |
| Dividends Paid | CN¥377.81 Million | -3.76% |
| Share Repurchases | CN¥82.89 Million | -0.83% |
| Other Comprehensive Income | CN¥308.75 Million | +3.08% |
| Other Changes | CN¥-14.22 Million | -0.14% |
| Total Change | CN¥- | 6.66% |
Book Value vs Market Value Analysis
This analysis compares Wolong Electric Group 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: 4.99x
- 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 207.72x to 4.99x 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¥0.19 | CN¥38.51 | x |
| 2000-12-31 | CN¥0.21 | CN¥38.51 | x |
| 2001-12-31 | CN¥0.28 | CN¥38.51 | x |
| 2002-12-31 | CN¥0.99 | CN¥38.51 | x |
| 2003-12-31 | CN¥1.08 | CN¥38.51 | x |
| 2004-12-31 | CN¥1.17 | CN¥38.51 | x |
| 2005-12-31 | CN¥1.28 | CN¥38.51 | x |
| 2006-12-31 | CN¥1.80 | CN¥38.51 | x |
| 2007-12-31 | CN¥1.56 | CN¥38.51 | x |
| 2008-12-31 | CN¥1.72 | CN¥38.51 | x |
| 2009-12-31 | CN¥2.12 | CN¥38.51 | x |
| 2010-12-31 | CN¥3.65 | CN¥38.51 | x |
| 2011-12-31 | CN¥3.59 | CN¥38.51 | x |
| 2012-12-31 | CN¥2.30 | CN¥38.51 | x |
| 2013-12-31 | CN¥3.23 | CN¥38.51 | x |
| 2014-12-31 | CN¥3.40 | CN¥38.51 | x |
| 2015-12-31 | CN¥3.48 | CN¥38.51 | x |
| 2016-12-31 | CN¥4.01 | CN¥38.51 | x |
| 2017-12-31 | CN¥4.39 | CN¥38.51 | x |
| 2018-12-31 | CN¥4.69 | CN¥38.51 | x |
| 2019-12-31 | CN¥5.38 | CN¥38.51 | x |
| 2020-12-31 | CN¥5.83 | CN¥38.51 | x |
| 2021-12-31 | CN¥6.29 | CN¥38.51 | x |
| 2022-12-31 | CN¥6.84 | CN¥38.51 | x |
| 2023-12-31 | CN¥7.28 | CN¥38.51 | x |
| 2024-12-31 | CN¥7.72 | CN¥38.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wolong Electric Group 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): 7.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.88%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.62x
- Recent ROE (7.90%) is below the historical average (12.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 29.83% | 17.58% | 0.64x | 2.67x | CN¥15.53 Million |
| 2000 | 30.58% | 15.86% | 0.71x | 2.71x | CN¥17.94 Million |
| 2001 | 25.96% | 15.10% | 0.80x | 2.14x | CN¥18.85 Million |
| 2002 | 7.09% | 14.32% | 0.33x | 1.52x | CN¥-12.23 Million |
| 2003 | 7.88% | 11.09% | 0.46x | 1.54x | CN¥-9.66 Million |
| 2004 | 12.21% | 11.78% | 0.59x | 1.75x | CN¥10.98 Million |
| 2005 | 12.15% | 8.52% | 0.74x | 1.93x | CN¥11.59 Million |
| 2006 | 9.27% | 7.38% | 0.78x | 1.61x | CN¥-6.23 Million |
| 2007 | 11.16% | 7.03% | 0.89x | 1.78x | CN¥10.66 Million |
| 2008 | 12.79% | 6.05% | 1.14x | 1.85x | CN¥28.17 Million |
| 2009 | 15.76% | 8.84% | 0.84x | 2.13x | CN¥72.12 Million |
| 2010 | 8.82% | 7.25% | 0.71x | 1.70x | CN¥-28.25 Million |
| 2011 | 4.47% | 3.53% | 0.65x | 1.94x | CN¥-137.37 Million |
| 2012 | 9.18% | 4.48% | 1.10x | 1.87x | CN¥-20.87 Million |
| 2013 | 10.16% | 6.36% | 0.64x | 2.48x | CN¥5.82 Million |
| 2014 | 11.82% | 6.47% | 0.70x | 2.60x | CN¥68.61 Million |
| 2015 | 9.32% | 3.80% | 0.67x | 3.64x | CN¥-26.33 Million |
| 2016 | 4.96% | 2.84% | 0.55x | 3.14x | CN¥-257.95 Million |
| 2017 | 11.75% | 6.60% | 0.60x | 2.96x | CN¥99.25 Million |
| 2018 | 10.54% | 5.75% | 0.60x | 3.05x | CN¥32.46 Million |
| 2019 | 13.78% | 7.76% | 0.63x | 2.82x | CN¥264.32 Million |
| 2020 | 11.37% | 6.90% | 0.60x | 2.73x | CN¥104.23 Million |
| 2021 | 12.04% | 7.06% | 0.64x | 2.68x | CN¥167.68 Million |
| 2022 | 8.89% | 5.33% | 0.64x | 2.61x | CN¥-99.48 Million |
| 2023 | 5.63% | 3.40% | 0.63x | 2.62x | CN¥-410.96 Million |
| 2024 | 7.90% | 4.88% | 0.62x | 2.62x | CN¥-210.65 Million |
Industry Comparison
This section compares Wolong Electric Group Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wolong Electric Group Co Ltd (600580) | CN¥11.26 Billion | 29.83% | 1.23x | $8.80 Billion |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 Billion |
About Wolong Electric Group Co Ltd
Wolong Electric Group Co.,Ltd. manufactures and sells motors and controls in China. The company offers low voltage motors, high voltage motors, generators, drives and control, home appliance motors, EC motors and fans, and transformers; system solutions, such as energy saving retrofit, coal industry system, and steam to electric system solutions; automation solutions; and digital and full life se… Read more