China Marine Information Electronics Co Ltd (600764) - Net Assets
Based on the latest financial reports, China Marine Information Electronics Co Ltd (600764) has net assets worth CN¥8.57 Billion CNY (≈ $1.25 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¥11.77 Billion ≈ $1.72 Billion USD) and total liabilities (CN¥3.20 Billion ≈ $468.08 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 600764 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.57 Billion |
| % of Total Assets | 72.81% |
| Annual Growth Rate | 17.32% |
| 5-Year Change | 23.2% |
| 10-Year Change | 1296.91% |
| Growth Volatility | 59.29 |
China Marine Information Electronics Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how China Marine Information Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Check China Marine Information Electronics Co (600764) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for China Marine Information Electronics Co Ltd (1993–2024)
The table below shows the annual net assets of China Marine Information Electronics Co Ltd from 1993 to 2024. For live valuation and market cap data, see market value of China Marine Information Electronics Co .
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.41 Billion ≈ $1.23 Billion |
+1.03% |
| 2023-12-31 | CN¥8.33 Billion ≈ $1.22 Billion |
+7.04% |
| 2022-12-31 | CN¥7.78 Billion ≈ $1.14 Billion |
+4.55% |
| 2021-12-31 | CN¥7.44 Billion ≈ $1.09 Billion |
+8.97% |
| 2020-12-31 | CN¥6.83 Billion ≈ $999.30 Million |
+64.23% |
| 2019-12-31 | CN¥4.16 Billion ≈ $608.48 Million |
+290.55% |
| 2018-12-31 | CN¥1.06 Billion ≈ $155.80 Million |
-7.64% |
| 2017-12-31 | CN¥1.15 Billion ≈ $168.69 Million |
+78.02% |
| 2016-12-31 | CN¥647.55 Million ≈ $94.76 Million |
+7.51% |
| 2015-12-31 | CN¥602.30 Million ≈ $88.14 Million |
-17.36% |
| 2014-12-31 | CN¥728.78 Million ≈ $106.64 Million |
+1.64% |
| 2013-12-31 | CN¥717.03 Million ≈ $104.92 Million |
-1.02% |
| 2012-12-31 | CN¥724.38 Million ≈ $106.00 Million |
+7.04% |
| 2011-12-31 | CN¥676.77 Million ≈ $99.03 Million |
+1.73% |
| 2010-12-31 | CN¥665.25 Million ≈ $97.35 Million |
-5.06% |
| 2009-12-31 | CN¥700.67 Million ≈ $102.53 Million |
-0.08% |
| 2008-12-31 | CN¥701.24 Million ≈ $102.61 Million |
+7.24% |
| 2007-12-31 | CN¥653.92 Million ≈ $95.69 Million |
+13.28% |
| 2006-12-31 | CN¥577.26 Million ≈ $84.47 Million |
-9.21% |
| 2005-12-31 | CN¥635.80 Million ≈ $93.04 Million |
+14.91% |
| 2004-12-31 | CN¥553.29 Million ≈ $80.96 Million |
+7.40% |
| 2003-12-31 | CN¥515.18 Million ≈ $75.39 Million |
+16.45% |
| 2002-12-31 | CN¥442.40 Million ≈ $64.74 Million |
-0.44% |
| 2001-12-31 | CN¥444.36 Million ≈ $65.02 Million |
+1.52% |
| 2000-12-31 | CN¥437.72 Million ≈ $64.05 Million |
+4.64% |
| 1999-12-31 | CN¥418.29 Million ≈ $61.21 Million |
+6.77% |
| 1998-12-31 | CN¥391.78 Million ≈ $57.33 Million |
+127.83% |
| 1997-12-31 | CN¥171.96 Million ≈ $25.16 Million |
+18.80% |
| 1996-12-31 | CN¥144.74 Million ≈ $21.18 Million |
+125.82% |
| 1995-12-31 | CN¥64.10 Million ≈ $9.38 Million |
+6.67% |
| 1994-12-31 | CN¥60.09 Million ≈ $8.79 Million |
+0.95% |
| 1993-12-31 | CN¥59.52 Million ≈ $8.71 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to China Marine Information Electronics 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 137810.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.22 Billion | 51.80% |
| Common Stock | CN¥710.63 Million | 8.72% |
| Other Comprehensive Income | CN¥332.15 Million | 4.08% |
| Other Components | CN¥2.88 Billion | 35.40% |
| Total Equity | CN¥8.14 Billion | 100.00% |
China Marine Information Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of China Marine Information Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winpak Ltd.
TO:WPK
|
$1.89 Billion |
|
Zhejiang Weixing New Building Materials Co Ltd
SHE:002372
|
$1.89 Billion |
|
Costamare Inc
NYSE:CMRE
|
$1.89 Billion |
|
Zhejiang HangKe Technology Co Ltd
SHG:688006
|
$1.89 Billion |
|
Iluka Resources Limited
F:ILZ
|
$1.89 Billion |
|
Galapagos NV ADR
NASDAQ:GLPG
|
$1.89 Billion |
|
Genius Electronic Optical Co Ltd
TW:3406
|
$1.89 Billion |
|
Isrotel -L
TA:ISRO
|
$1.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Marine Information Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,068,655,912 to 8,144,757,429, a change of 76,101,517 (0.9%).
- Net income of 227,998,515 contributed positively to equity growth.
- Dividend payments of 160,492,268 reduced retained earnings.
- Other comprehensive income increased equity by 337,672,123.
- Other factors decreased equity by 329,076,853.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥228.00 Million | +2.8% |
| Dividends Paid | CN¥160.49 Million | -1.97% |
| Other Comprehensive Income | CN¥337.67 Million | +4.15% |
| Other Changes | CN¥-329.08 Million | -4.04% |
| Total Change | CN¥- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares China Marine Information Electronics 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: 1.59x
- 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 81.86x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.22 | CN¥18.18 | x |
| 1994-12-31 | CN¥0.22 | CN¥18.18 | x |
| 1995-12-31 | CN¥0.24 | CN¥18.18 | x |
| 1996-12-31 | CN¥0.54 | CN¥18.18 | x |
| 1997-12-31 | CN¥0.65 | CN¥18.18 | x |
| 1998-12-31 | CN¥1.40 | CN¥18.18 | x |
| 1999-12-31 | CN¥1.50 | CN¥18.18 | x |
| 2000-12-31 | CN¥1.56 | CN¥18.18 | x |
| 2001-12-31 | CN¥1.58 | CN¥18.18 | x |
| 2002-12-31 | CN¥1.57 | CN¥18.18 | x |
| 2003-12-31 | CN¥1.94 | CN¥18.18 | x |
| 2004-12-31 | CN¥2.08 | CN¥18.18 | x |
| 2005-12-31 | CN¥2.17 | CN¥18.18 | x |
| 2006-12-31 | CN¥1.44 | CN¥18.18 | x |
| 2007-12-31 | CN¥1.63 | CN¥18.18 | x |
| 2008-12-31 | CN¥1.73 | CN¥18.18 | x |
| 2009-12-31 | CN¥1.76 | CN¥18.18 | x |
| 2010-12-31 | CN¥1.79 | CN¥18.18 | x |
| 2011-12-31 | CN¥1.75 | CN¥18.18 | x |
| 2012-12-31 | CN¥1.87 | CN¥18.18 | x |
| 2013-12-31 | CN¥1.82 | CN¥18.18 | x |
| 2014-12-31 | CN¥1.86 | CN¥18.18 | x |
| 2015-12-31 | CN¥1.46 | CN¥18.18 | x |
| 2016-12-31 | CN¥1.53 | CN¥18.18 | x |
| 2017-12-31 | CN¥3.33 | CN¥18.18 | x |
| 2018-12-31 | CN¥1.74 | CN¥18.18 | x |
| 2019-12-31 | CN¥6.78 | CN¥18.18 | x |
| 2020-12-31 | CN¥9.61 | CN¥18.18 | x |
| 2021-12-31 | CN¥10.47 | CN¥18.18 | x |
| 2022-12-31 | CN¥10.95 | CN¥18.18 | x |
| 2023-12-31 | CN¥11.35 | CN¥18.18 | x |
| 2024-12-31 | CN¥11.46 | CN¥18.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Marine Information Electronics 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): 2.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.19%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.44x
- Recent ROE (2.80%) is below the historical average (9.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 7.17% | 11.79% | 0.47x | 1.28x | CN¥-1.67 Million |
| 1994 | 19.60% | 19.17% | 0.58x | 1.77x | CN¥5.74 Million |
| 1995 | 19.39% | 15.63% | 0.64x | 1.95x | CN¥6.02 Million |
| 1996 | 14.74% | 18.47% | 0.69x | 1.16x | CN¥6.85 Million |
| 1997 | 15.83% | 13.89% | 1.05x | 1.08x | CN¥10.02 Million |
| 1998 | 9.86% | 11.23% | 0.77x | 1.15x | CN¥-507.57K |
| 1999 | 7.43% | 6.97% | 0.82x | 1.31x | CN¥-10.24 Million |
| 2000 | 12.99% | 9.07% | 1.09x | 1.31x | CN¥12.42 Million |
| 2001 | 7.55% | 6.25% | 1.02x | 1.19x | CN¥-10.32 Million |
| 2002 | 10.06% | 6.27% | 0.86x | 1.86x | CN¥248.16K |
| 2003 | 13.37% | 9.21% | 0.97x | 1.49x | CN¥17.35 Million |
| 2004 | 6.33% | 21.72% | 0.20x | 1.47x | CN¥-20.28 Million |
| 2005 | 6.07% | 3.54% | 0.72x | 2.39x | CN¥-22.68 Million |
| 2006 | -12.49% | -4.91% | 0.87x | 2.91x | CN¥-109.15 Million |
| 2007 | 9.06% | 2.14% | 0.97x | 4.37x | CN¥-5.08 Million |
| 2008 | 5.62% | 1.79% | 1.06x | 2.95x | CN¥-24.99 Million |
| 2009 | 2.06% | 0.88% | 0.83x | 2.82x | CN¥-46.03 Million |
| 2010 | 0.67% | 0.31% | 0.78x | 2.76x | CN¥-52.94 Million |
| 2011 | 1.83% | 0.80% | 0.98x | 2.33x | CN¥-46.74 Million |
| 2012 | 8.85% | 4.09% | 0.98x | 2.20x | CN¥-7.10 Million |
| 2013 | 0.77% | 0.58% | 0.54x | 2.46x | CN¥-55.85 Million |
| 2014 | 0.86% | 0.73% | 0.50x | 2.38x | CN¥-55.58 Million |
| 2015 | 8.70% | 18.01% | 0.19x | 2.54x | CN¥-6.25 Million |
| 2016 | 8.45% | 13.88% | 0.25x | 2.42x | CN¥-7.92 Million |
| 2017 | 7.42% | 22.51% | 0.22x | 1.47x | CN¥-28.34 Million |
| 2018 | 44.56% | 13.41% | 2.40x | 1.38x | CN¥367.91 Million |
| 2019 | 15.54% | 15.87% | 0.53x | 1.85x | CN¥230.55 Million |
| 2020 | 10.95% | 16.02% | 0.49x | 1.39x | CN¥65.07 Million |
| 2021 | 11.41% | 17.42% | 0.47x | 1.38x | CN¥104.71 Million |
| 2022 | 7.52% | 13.63% | 0.40x | 1.37x | CN¥-193.20 Million |
| 2023 | 3.82% | 8.59% | 0.31x | 1.45x | CN¥-498.28 Million |
| 2024 | 2.80% | 7.19% | 0.27x | 1.44x | CN¥-586.48 Million |
Industry Comparison
This section compares China Marine Information Electronics Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,838,634,159
- Average return on equity (ROE) among peers: 13.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Marine Information Electronics Co Ltd (600764) | CN¥8.57 Billion | 7.17% | 0.37x | $1.89 Billion |
| Beijing BDStar Navigation Co Ltd (002151) | $5.61 Billion | 2.87% | 0.16x | $2.20 Billion |
| Oriental Times Media Corp (002175) | $258.64 Million | 8.11% | 0.42x | $463.35 Million |
| Changchun UP Optotech Co Ltd (002338) | $115.80 Million | 25.31% | 0.81x | $1.35 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $2.36 Billion | 5.50% | 0.29x | $976.29 Million |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $285.64 Million | 28.39% | 0.38x | $708.53 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $1.16 Billion | 8.26% | 0.39x | $1.50 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $4.35 Billion | 22.99% | 0.47x | $8.60 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $726.11 Million | 9.95% | 0.28x | $688.28 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.66 Billion | 10.65% | 0.30x | $657.73 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $852.04 Million | 8.98% | 1.16x | $449.19 Million |
About China Marine Information Electronics Co Ltd
China Marine Information Electronics Company Limited engages in the research and development, manufacture, and sale of electronic defense and information equipment in China. The company offers underwater information transmission equipment; underwater defense products used for underwater information detection and confrontation, acquisition, transmission, system control, and underwater acoustic; sp… Read more