Xiamen XGMA Machinery Co Ltd (600815) - Net Assets
Based on the latest financial reports, Xiamen XGMA Machinery Co Ltd (600815) has net assets worth CN¥1.70 Billion CNY (≈ $249.06 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¥2.38 Billion ≈ $348.16 Million USD) and total liabilities (CN¥677.21 Million ≈ $99.10 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 600815 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.70 Billion |
| % of Total Assets | 71.54% |
| Annual Growth Rate | 3.41% |
| 5-Year Change | 19.04% |
| 10-Year Change | 242.17% |
| Growth Volatility | 33.25 |
Xiamen XGMA Machinery Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Xiamen XGMA Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600815 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xiamen XGMA Machinery Co Ltd (1994–2025)
The table below shows the annual net assets of Xiamen XGMA Machinery Co Ltd from 1994 to 2025. For live valuation and market cap data, see Xiamen XGMA Machinery Co Ltd (600815) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.69 Billion ≈ $247.99 Million |
-2.44% |
| 2024-12-31 | CN¥1.74 Billion ≈ $254.20 Million |
+2.38% |
| 2023-12-31 | CN¥1.70 Billion ≈ $248.28 Million |
+1.30% |
| 2022-12-31 | CN¥1.67 Billion ≈ $245.09 Million |
+17.65% |
| 2021-12-31 | CN¥1.42 Billion ≈ $208.32 Million |
-6.52% |
| 2020-12-31 | CN¥1.52 Billion ≈ $222.84 Million |
+3.39% |
| 2019-12-31 | CN¥1.47 Billion ≈ $215.54 Million |
+4003.27% |
| 2018-12-31 | CN¥-37.74 Million ≈ $-5.52 Million |
-105.29% |
| 2017-12-31 | CN¥713.80 Million ≈ $104.45 Million |
+44.12% |
| 2016-12-31 | CN¥495.29 Million ≈ $72.48 Million |
-84.41% |
| 2015-12-31 | CN¥3.18 Billion ≈ $464.86 Million |
-23.59% |
| 2014-12-31 | CN¥4.16 Billion ≈ $608.34 Million |
+0.59% |
| 2013-12-31 | CN¥4.13 Billion ≈ $604.77 Million |
-13.01% |
| 2012-12-31 | CN¥4.75 Billion ≈ $695.19 Million |
+26.12% |
| 2011-12-31 | CN¥3.77 Billion ≈ $551.21 Million |
+16.60% |
| 2010-12-31 | CN¥3.23 Billion ≈ $472.72 Million |
+64.12% |
| 2009-12-31 | CN¥1.97 Billion ≈ $288.04 Million |
+9.60% |
| 2008-12-31 | CN¥1.80 Billion ≈ $262.82 Million |
+10.25% |
| 2007-12-31 | CN¥1.63 Billion ≈ $238.39 Million |
+69.66% |
| 2006-12-31 | CN¥960.21 Million ≈ $140.51 Million |
+2.22% |
| 2005-12-31 | CN¥939.32 Million ≈ $137.45 Million |
+3.73% |
| 2004-12-31 | CN¥905.58 Million ≈ $132.51 Million |
+1.70% |
| 2003-12-31 | CN¥890.41 Million ≈ $130.29 Million |
+9.86% |
| 2002-12-31 | CN¥810.51 Million ≈ $118.60 Million |
+1.40% |
| 2001-12-31 | CN¥799.34 Million ≈ $116.97 Million |
+0.67% |
| 2000-12-31 | CN¥794.04 Million ≈ $116.19 Million |
-9.26% |
| 1999-12-31 | CN¥875.07 Million ≈ $128.05 Million |
+2.36% |
| 1998-12-31 | CN¥854.89 Million ≈ $125.10 Million |
-0.74% |
| 1997-12-31 | CN¥861.29 Million ≈ $126.03 Million |
+5.16% |
| 1996-12-31 | CN¥819.02 Million ≈ $119.85 Million |
+42.20% |
| 1995-12-31 | CN¥575.97 Million ≈ $84.28 Million |
-3.82% |
| 1994-12-31 | CN¥598.82 Million ≈ $87.63 Million |
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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 8023.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥6.21 Billion | 427.53% |
| Total Equity | CN¥1.45 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 Kinlong Hardware Products Co Ltd
SHE:002791
|
$729.64 Million |
|
Lectra SA
PA:LSS
|
$730.08 Million |
|
ZYLOX-TONBRDG.MED.TECH.H1
F:818
|
$730.22 Million |
|
Atlantic China Welding Consumables Inc
SHG:600558
|
$730.29 Million |
|
Andlauer Healthcare Gr
TO:AND
|
$729.37 Million |
|
Sino-High (China) Co. Ltd.
SHE:301076
|
$729.33 Million |
|
MCAN Mortgage Corporation
TO:MKP
|
$729.29 Million |
|
Mengtian Home Group Inc.
SHG:603216
|
$729.29 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 2024 to 2025, total equity changed from 1,521,892,496 to 1,452,149,627, a change of -69,742,869 (-4.6%).
- Net loss of 73,454,240 reduced equity.
- Dividend payments of 879,760 reduced retained earnings.
- Other comprehensive income decreased equity by 764,430,588.
- Other factors increased equity by 769,021,719.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-73.45 Million | -5.06% |
| Dividends Paid | CN¥879.76K | -0.06% |
| Other Comprehensive Income | CN¥-764.43 Million | -52.64% |
| Other Changes | CN¥769.02 Million | +52.96% |
| Total Change | CN¥- | -4.58% |
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: 3.43x
- 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 8.33x to 3.43x 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¥2.81 | x |
| 1995-12-31 | CN¥0.32 | CN¥2.81 | x |
| 1996-12-31 | CN¥0.81 | CN¥2.81 | x |
| 1997-12-31 | CN¥0.85 | CN¥2.81 | x |
| 1998-12-31 | CN¥0.84 | CN¥2.81 | x |
| 1999-12-31 | CN¥0.86 | CN¥2.81 | x |
| 2000-12-31 | CN¥0.78 | CN¥2.81 | x |
| 2001-12-31 | CN¥0.79 | CN¥2.81 | x |
| 2002-12-31 | CN¥0.80 | CN¥2.81 | x |
| 2003-12-31 | CN¥0.88 | CN¥2.81 | x |
| 2004-12-31 | CN¥0.89 | CN¥2.81 | x |
| 2005-12-31 | CN¥0.92 | CN¥2.81 | x |
| 2006-12-31 | CN¥1.45 | CN¥2.81 | x |
| 2007-12-31 | CN¥2.43 | CN¥2.81 | x |
| 2008-12-31 | CN¥2.50 | CN¥2.81 | x |
| 2009-12-31 | CN¥2.51 | CN¥2.81 | x |
| 2010-12-31 | CN¥4.14 | CN¥2.81 | x |
| 2011-12-31 | CN¥4.79 | CN¥2.81 | x |
| 2012-12-31 | CN¥5.91 | CN¥2.81 | x |
| 2013-12-31 | CN¥4.27 | CN¥2.81 | x |
| 2014-12-31 | CN¥3.95 | CN¥2.81 | x |
| 2015-12-31 | CN¥3.20 | CN¥2.81 | x |
| 2016-12-31 | CN¥0.40 | CN¥2.81 | x |
| 2017-12-31 | CN¥0.57 | CN¥2.81 | x |
| 2018-12-31 | CN¥-0.10 | CN¥2.81 | x |
| 2019-12-31 | CN¥0.75 | CN¥2.81 | x |
| 2020-12-31 | CN¥0.73 | CN¥2.81 | x |
| 2021-12-31 | CN¥0.73 | CN¥2.81 | x |
| 2022-12-31 | CN¥0.87 | CN¥2.81 | x |
| 2023-12-31 | CN¥0.83 | CN¥2.81 | x |
| 2024-12-31 | CN¥0.90 | CN¥2.81 | x |
| 2025-12-31 | CN¥0.82 | CN¥2.81 | 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): -5.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.93%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.66x
- Recent ROE (-5.06%) is above the historical average (-21.00%), 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% | -83.06% | 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 | -86.92% | -61.71% | 0.49x | 2.87x | CN¥-1.29 Billion |
| 2020 | 2.75% | 1.96% | 0.55x | 2.54x | CN¥-99.33 Million |
| 2021 | -9.58% | -7.75% | 0.53x | 2.34x | CN¥-246.18 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 |
| 2025 | -5.06% | -10.93% | 0.28x | 1.66x | CN¥-218.67 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: $6,825,242,212
- Average return on equity (ROE) among peers: 5.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen XGMA Machinery Co Ltd (600815) | CN¥1.70 Billion | 14.68% | 0.40x | $729.49 Million |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $5.34 Billion | 29.37% | 3.33x | $7.87 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $54.66 Billion | 7.89% | 2.20x | $15.46 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $703.79 Million | 2.94% | 0.68x | $2.38 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $562.10 Million | 2.39% | 1.35x | $2.24 Billion |
| Faw Car Co Ltd (000800) | $4.96 Billion | 8.85% | 0.84x | $4.39 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $944.23 Million | 10.63% | 0.67x | $508.18 Million |
| HBIS Resources Co Ltd (000923) | $372.01 Million | -11.73% | 1.21x | $1.32 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $208.59 Million | -37.77% | 6.03x | $3.78 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $431.97 Million | 10.81% | 0.53x | $870.21 Million |
| Sunward Intelligent Equipment Co Ltd (002097) | $66.86 Million | 34.78% | 2.19x | $1.28 Billion |
About 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