Xiamen XGMA Machinery Co Ltd
Xiamen XGMA Machinery Company Limited researches, develops, produces, and sells engineering machinery products and parts in China and internationally. The company's products include wheel loaders, hydraulic crawler excavators, wheel excavators, and full-face tunnel boring machines. It also offers road equipment, including motor graders, pneumatic rollers, walk behind vibratory rollers, small tand… Read more
Xiamen XGMA Machinery Co Ltd (600815) - Net Assets
Latest net assets as of September 2025: CN¥1.72 Billion CNY
Based on the latest financial reports, Xiamen XGMA Machinery Co Ltd (600815) has net assets worth CN¥1.72 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¥2.26 Billion) and total liabilities (CN¥537.08 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¥1.72 Billion |
| % of Total Assets | 76.19% |
| Annual Growth Rate | 3.61% |
| 5-Year Change | 14.07% |
| 10-Year Change | -45.32% |
| Growth Volatility | 33.8 |
Xiamen XGMA Machinery Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Xiamen XGMA Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Xiamen XGMA Machinery Co Ltd (1994–2024)
The table below shows the annual net assets of Xiamen XGMA Machinery Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.74 Billion | +2.38% |
| 2023-12-31 | CN¥1.70 Billion | +1.30% |
| 2022-12-31 | CN¥1.67 Billion | +17.65% |
| 2021-12-31 | CN¥1.42 Billion | -6.52% |
| 2020-12-31 | CN¥1.52 Billion | +3.39% |
| 2019-12-31 | CN¥1.47 Billion | +4003.27% |
| 2018-12-31 | CN¥-37.74 Million | -105.29% |
| 2017-12-31 | CN¥713.80 Million | +44.12% |
| 2016-12-31 | CN¥495.29 Million | -84.41% |
| 2015-12-31 | CN¥3.18 Billion | -23.59% |
| 2014-12-31 | CN¥4.16 Billion | +0.59% |
| 2013-12-31 | CN¥4.13 Billion | -13.01% |
| 2012-12-31 | CN¥4.75 Billion | +26.12% |
| 2011-12-31 | CN¥3.77 Billion | +16.60% |
| 2010-12-31 | CN¥3.23 Billion | +64.12% |
| 2009-12-31 | CN¥1.97 Billion | +9.60% |
| 2008-12-31 | CN¥1.80 Billion | +10.25% |
| 2007-12-31 | CN¥1.63 Billion | +69.66% |
| 2006-12-31 | CN¥960.21 Million | +2.22% |
| 2005-12-31 | CN¥939.32 Million | +3.73% |
| 2004-12-31 | CN¥905.58 Million | +1.70% |
| 2003-12-31 | CN¥890.41 Million | +9.86% |
| 2002-12-31 | CN¥810.51 Million | +1.40% |
| 2001-12-31 | CN¥799.34 Million | +0.67% |
| 2000-12-31 | CN¥794.04 Million | -9.26% |
| 1999-12-31 | CN¥875.07 Million | +2.36% |
| 1998-12-31 | CN¥854.89 Million | -0.74% |
| 1997-12-31 | CN¥861.29 Million | +5.16% |
| 1996-12-31 | CN¥819.02 Million | +42.20% |
| 1995-12-31 | CN¥575.97 Million | -3.82% |
| 1994-12-31 | CN¥598.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen XGMA Machinery 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 decreased by 7900.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.77 Billion | 116.57% |
| Other Comprehensive Income | CN¥764.43 Million | 50.23% |
| Other Components | CN¥3.67 Billion | 240.89% |
| Total Equity | CN¥1.52 Billion | 100.00% |
Xiamen XGMA Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Xiamen XGMA Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Fangyuan Environment Co. Ltd. A
SHG:688148
|
$388.10 Million |
|
Yuexiu Transport Infrastructure Limited
PINK:GZITF
|
$388.13 Million |
|
NICE Information Service Co. Ltd
KQ:030190
|
$388.19 Million |
|
B&G Foods Inc
NYSE:BGS
|
$388.38 Million |
|
Tata Teleservices (Maharashtra) Limited
NSE:TTML
|
$388.02 Million |
|
Qifeng New Material Co Ltd
SHE:002521
|
$387.93 Million |
|
Shanxi Antai Group Co Ltd
SHG:600408
|
$387.82 Million |
|
Mnc Land Tbk
JK:KPIG
|
$387.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen XGMA Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,510,077,816 to 1,521,892,496, a change of 11,814,680 (0.8%).
- Net income of 6,768,251 contributed positively to equity growth.
- Dividend payments of 2,595,326 reduced retained earnings.
- Other comprehensive income increased equity by 759,924,087.
- Other factors decreased equity by 752,282,332.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥6.77 Million | +0.44% |
| Dividends Paid | CN¥2.60 Million | -0.17% |
| Other Comprehensive Income | CN¥759.92 Million | +49.93% |
| Other Changes | CN¥-752.28 Million | -49.43% |
| Total Change | CN¥- | 0.78% |
Book Value vs Market Value Analysis
This analysis compares Xiamen XGMA Machinery 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: 3.66x
- 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 9.30x to 3.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.34 | CN¥3.14 | x |
| 1995-12-31 | CN¥0.32 | CN¥3.14 | x |
| 1996-12-31 | CN¥0.81 | CN¥3.14 | x |
| 1997-12-31 | CN¥0.85 | CN¥3.14 | x |
| 1998-12-31 | CN¥0.84 | CN¥3.14 | x |
| 1999-12-31 | CN¥0.86 | CN¥3.14 | x |
| 2000-12-31 | CN¥0.78 | CN¥3.14 | x |
| 2001-12-31 | CN¥0.79 | CN¥3.14 | x |
| 2002-12-31 | CN¥0.80 | CN¥3.14 | x |
| 2003-12-31 | CN¥0.88 | CN¥3.14 | x |
| 2004-12-31 | CN¥0.89 | CN¥3.14 | x |
| 2005-12-31 | CN¥0.92 | CN¥3.14 | x |
| 2006-12-31 | CN¥1.45 | CN¥3.14 | x |
| 2007-12-31 | CN¥2.43 | CN¥3.14 | x |
| 2008-12-31 | CN¥2.50 | CN¥3.14 | x |
| 2009-12-31 | CN¥2.51 | CN¥3.14 | x |
| 2010-12-31 | CN¥4.14 | CN¥3.14 | x |
| 2011-12-31 | CN¥4.79 | CN¥3.14 | x |
| 2012-12-31 | CN¥5.91 | CN¥3.14 | x |
| 2013-12-31 | CN¥4.27 | CN¥3.14 | x |
| 2014-12-31 | CN¥3.95 | CN¥3.14 | x |
| 2015-12-31 | CN¥3.20 | CN¥3.14 | x |
| 2016-12-31 | CN¥0.40 | CN¥3.14 | x |
| 2017-12-31 | CN¥0.57 | CN¥3.14 | x |
| 2018-12-31 | CN¥-0.19 | CN¥3.14 | x |
| 2019-12-31 | CN¥0.75 | CN¥3.14 | x |
| 2020-12-31 | CN¥0.77 | CN¥3.14 | x |
| 2021-12-31 | CN¥0.71 | CN¥3.14 | x |
| 2022-12-31 | CN¥0.85 | CN¥3.14 | x |
| 2023-12-31 | CN¥0.85 | CN¥3.14 | x |
| 2024-12-31 | CN¥0.86 | CN¥3.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen XGMA Machinery 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): 0.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.99%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.53x
- Recent ROE (0.44%) is above the historical average (-21.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 14.68% | 14.42% | 0.87x | 1.17x | CN¥28.00 Million |
| 1995 | 11.13% | 10.55% | 0.77x | 1.37x | CN¥6.49 Million |
| 1996 | 6.36% | 8.55% | 0.55x | 1.35x | CN¥-29.81 Million |
| 1997 | 3.66% | 5.37% | 0.51x | 1.32x | CN¥-54.03 Million |
| 1998 | 2.71% | 4.34% | 0.47x | 1.33x | CN¥-61.60 Million |
| 1999 | 3.23% | 5.03% | 0.51x | 1.26x | CN¥-58.48 Million |
| 2000 | 2.59% | 2.84% | 0.65x | 1.42x | CN¥-58.11 Million |
| 2001 | 3.74% | 2.78% | 0.81x | 1.66x | CN¥-49.47 Million |
| 2002 | 6.61% | 3.19% | 1.15x | 1.80x | CN¥-27.12 Million |
| 2003 | 9.04% | 3.10% | 1.35x | 2.16x | CN¥-8.44 Million |
| 2004 | 6.26% | 1.96% | 1.43x | 2.23x | CN¥-33.46 Million |
| 2005 | 3.59% | 1.06% | 1.46x | 2.32x | CN¥-59.51 Million |
| 2006 | 5.56% | 1.58% | 1.46x | 2.42x | CN¥-42.60 Million |
| 2007 | 13.35% | 4.20% | 1.03x | 3.07x | CN¥53.42 Million |
| 2008 | 10.60% | 3.17% | 1.19x | 2.80x | CN¥10.61 Million |
| 2009 | 5.53% | 2.00% | 0.95x | 2.93x | CN¥-85.71 Million |
| 2010 | 19.31% | 5.94% | 1.28x | 2.54x | CN¥296.05 Million |
| 2011 | 15.44% | 4.78% | 1.13x | 2.86x | CN¥202.03 Million |
| 2012 | 2.71% | 1.56% | 0.69x | 2.50x | CN¥-342.75 Million |
| 2013 | -14.52% | -9.08% | 0.56x | 2.86x | CN¥-996.28 Million |
| 2014 | 0.25% | 0.23% | 0.41x | 2.71x | CN¥-396.98 Million |
| 2015 | -32.50% | -32.59% | 0.32x | 3.09x | CN¥-1.31 Billion |
| 2016 | -698.63% | -82.99% | 0.42x | 19.90x | CN¥-2.73 Billion |
| 2017 | 22.81% | 2.80% | 0.69x | 11.74x | CN¥69.99 Million |
| 2018 | 0.00% | -25.77% | 0.56x | 0.00x | CN¥-712.65 Million |
| 2019 | -84.56% | -59.96% | 0.49x | 2.87x | CN¥-1.25 Billion |
| 2020 | 3.87% | 2.76% | 0.55x | 2.54x | CN¥-83.99 Million |
| 2021 | -7.78% | -6.30% | 0.53x | 2.34x | CN¥-223.52 Million |
| 2022 | 17.22% | 25.64% | 0.37x | 1.84x | CN¥108.23 Million |
| 2023 | -14.45% | -26.57% | 0.34x | 1.58x | CN¥-369.19 Million |
| 2024 | 0.44% | 0.99% | 0.29x | 1.53x | CN¥-145.42 Million |
Industry Comparison
This section compares Xiamen XGMA Machinery Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $4,713,679,816
- Average return on equity (ROE) among peers: 9.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen XGMA Machinery Co Ltd (600815) | CN¥1.72 Billion | 14.68% | 0.31x | $388.04 Million |
| XCMG Construction Machinery Co Ltd (000425) | $20.48 Billion | 1.02% | 1.15x | $11.30 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $737.85 Million | 2.72% | 0.71x | $1.96 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $4.51 Billion | 1.03% | 1.49x | $1.25 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.54 Billion | -0.35% | 0.35x | $528.05 Million |
| Sinotruk Jinan Truck Co Ltd (000951) | $14.59 Billion | 1.46% | 1.36x | $1.65 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $474.72 Million | 1.13% | 1.63x | $610.98 Million |
| Anhui Tuoshan Heavy Industry Co. Ltd. (001226) | $252.67 Million | 34.83% | 1.21x | $123.77 Million |
| Nanchang Mineral Systems Co. Ltd. A (001360) | $569.40 Million | 21.21% | 1.34x | $202.86 Million |
| Sunward Intelligent Equipment Co Ltd (002097) | $163.46 Million | 23.10% | 1.31x | $970.29 Million |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $2.82 Billion | 8.32% | 0.62x | $383.43 Million |