Yutong Heavy Industries Co Ltd (600817) - Net Assets

Latest as of March 2026: CN¥2.73 Billion CNY ≈ $398.83 Million USD

Based on the latest financial reports, Yutong Heavy Industries Co Ltd (600817) has net assets worth CN¥2.73 Billion CNY (≈ $398.83 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¥3.98 Billion ≈ $582.64 Million USD) and total liabilities (CN¥1.26 Billion ≈ $183.81 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 Yutong Heavy Industries Co Ltd (600817) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.73 Billion
% of Total Assets 68.45%
Annual Growth Rate 10.56%
5-Year Change 12.69%
10-Year Change 1979.21%
Growth Volatility 339.71

Yutong Heavy Industries Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Yutong Heavy Industries Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600817 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Yutong Heavy Industries Co Ltd (1994–2025)

The table below shows the annual net assets of Yutong Heavy Industries Co Ltd from 1994 to 2025. For live valuation and market cap data, see Yutong Heavy Industries Co Ltd stock valuation.

Year Net Assets Change
2025-12-31 CN¥2.67 Billion
≈ $391.02 Million		 +2.31%
2024-12-31 CN¥2.61 Billion
≈ $382.19 Million		 -1.02%
2023-12-31 CN¥2.64 Billion
≈ $386.12 Million		 +0.62%
2022-12-31 CN¥2.62 Billion
≈ $383.74 Million		 +10.59%
2021-12-31 CN¥2.37 Billion
≈ $346.98 Million		 +26.78%
2020-12-31 CN¥1.87 Billion
≈ $273.70 Million		 +1233.30%
2019-12-31 CN¥140.28 Million
≈ $20.53 Million		 +4.28%
2018-12-31 CN¥134.53 Million
≈ $19.69 Million		 +4.89%
2017-12-31 CN¥128.25 Million
≈ $18.77 Million		 -0.21%
2016-12-31 CN¥128.52 Million
≈ $18.81 Million		 -40.20%
2015-12-31 CN¥214.92 Million
≈ $31.45 Million		 -11.01%
2014-12-31 CN¥241.51 Million
≈ $35.34 Million		 -8.58%
2013-12-31 CN¥264.17 Million
≈ $38.66 Million		 +4.24%
2012-12-31 CN¥253.43 Million
≈ $37.08 Million		 +114.23%
2011-12-31 CN¥-1.78 Billion
≈ $-260.58 Million		 +4.75%
2010-12-31 CN¥-1.87 Billion
≈ $-273.59 Million		 +39.39%
2009-12-31 CN¥-3.08 Billion
≈ $-451.36 Million		 -14.14%
2008-12-31 CN¥-2.70 Billion
≈ $-395.44 Million		 -1258.02%
2007-12-31 CN¥233.36 Million
≈ $34.15 Million		 -52.55%
2006-12-31 CN¥491.77 Million
≈ $71.96 Million		 +26.14%
2005-12-31 CN¥389.86 Million
≈ $57.05 Million		 +20.50%
2004-12-31 CN¥323.54 Million
≈ $47.34 Million		 +50.18%
2003-12-31 CN¥215.43 Million
≈ $31.52 Million		 +28.26%
2002-12-31 CN¥167.97 Million
≈ $24.58 Million		 +15.72%
2001-12-31 CN¥145.15 Million
≈ $21.24 Million		 +15.13%
2000-12-31 CN¥126.08 Million
≈ $18.45 Million		 +38.29%
1999-12-31 CN¥91.17 Million
≈ $13.34 Million		 -15.43%
1998-12-31 CN¥107.81 Million
≈ $15.78 Million		 -20.89%
1997-12-31 CN¥136.28 Million
≈ $19.94 Million		 +4.96%
1996-12-31 CN¥129.83 Million
≈ $19.00 Million		 +4.44%
1995-12-31 CN¥124.31 Million
≈ $18.19 Million		 +4.55%
1994-12-31 CN¥118.90 Million
≈ $17.40 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Yutong Heavy Industries 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 20277.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥713.49 Million 27.89%
Other Components CN¥1.84 Billion 72.11%
Total Equity CN¥2.56 Billion 100.00%

Yutong Heavy Industries Co Ltd Competitors by Market Cap

The table below lists competitors of Yutong Heavy Industries Co Ltd ranked by their market capitalization.

Company Market Cap
Cita Mineral Investindo Tbk PT
JK:CITA
 $703.15 Million
Hemnet Group AB
ST:HEM
 $703.32 Million
Criteo S.A
F:CI5A
 $703.42 Million
Blackrock Multi Sector Income Closed Fund
NYSE:BIT
 $704.15 Million
Xiamen Anne Corp Ltd
SHE:002235
 $703.07 Million
ALTERRA PWR
F:9ME
 $702.90 Million
Shandong Sanyuan Biotechnology Co.Ltd.
SHE:301206
 $702.86 Million
DL Holdings CO. LTD.
KO:000210
 $702.84 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Yutong Heavy Industries Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,436,622,000 to 2,557,899,437, a change of 121,277,437 (5.0%).
  • Net income of 309,397,551 contributed positively to equity growth.
  • Dividend payments of 204,564,508 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥309.40 Million +12.1%
Dividends Paid CN¥204.56 Million -8.0%
Other Changes CN¥16.44 Million +0.64%
Total Change CN¥- 4.98%

Book Value vs Market Value Analysis

This analysis compares Yutong Heavy Industries 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: 1.87x
  • 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 9.69x to 1.87x 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¥0.93 CN¥8.99 x
1995-12-31 CN¥0.96 CN¥8.99 x
1996-12-31 CN¥1.00 CN¥8.99 x
1997-12-31 CN¥1.06 CN¥8.99 x
1998-12-31 CN¥0.66 CN¥8.99 x
1999-12-31 CN¥0.71 CN¥8.99 x
2000-12-31 CN¥0.72 CN¥8.99 x
2001-12-31 CN¥0.79 CN¥8.99 x
2002-12-31 CN¥0.95 CN¥8.99 x
2003-12-31 CN¥1.18 CN¥8.99 x
2004-12-31 CN¥1.48 CN¥8.99 x
2005-12-31 CN¥1.79 CN¥8.99 x
2006-12-31 CN¥2.36 CN¥8.99 x
2007-12-31 CN¥0.72 CN¥8.99 x
2008-12-31 CN¥-21.18 CN¥8.99 x
2009-12-31 CN¥-33.39 CN¥8.99 x
2010-12-31 CN¥-14.45 CN¥8.99 x
2011-12-31 CN¥-11.96 CN¥8.99 x
2012-12-31 CN¥0.73 CN¥8.99 x
2013-12-31 CN¥0.97 CN¥8.99 x
2014-12-31 CN¥0.66 CN¥8.99 x
2015-12-31 CN¥0.57 CN¥8.99 x
2016-12-31 CN¥0.59 CN¥8.99 x
2017-12-31 CN¥0.64 CN¥8.99 x
2018-12-31 CN¥0.63 CN¥8.99 x
2019-12-31 CN¥2.95 CN¥8.99 x
2020-12-31 CN¥3.51 CN¥8.99 x
2021-12-31 CN¥4.22 CN¥8.99 x
2022-12-31 CN¥4.60 CN¥8.99 x
2023-12-31 CN¥4.49 CN¥8.99 x
2024-12-31 CN¥4.61 CN¥8.99 x
2025-12-31 CN¥4.80 CN¥8.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yutong Heavy Industries 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): 12.10%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.87%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 1.61x
  • Recent ROE (12.10%) is below the historical average (45.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 3.68% 6.11% 0.34x 1.77x CN¥-7.51 Million
1995 3.56% 3.48% 0.43x 2.40x CN¥-7.94 Million
1996 10.69% 11.75% 0.33x 2.75x CN¥885.26K
1997 4.79% 3.26% 0.52x 2.81x CN¥-7.05 Million
1998 -40.07% -28.59% 0.34x 4.07x CN¥-42.58 Million
1999 6.45% 6.09% 0.33x 3.24x CN¥-3.23 Million
2000 25.31% 3.44% 1.64x 4.48x CN¥14.11 Million
2001 1.06% 0.14% 1.32x 5.94x CN¥-9.08 Million
2002 16.33% 0.93% 2.60x 6.76x CN¥7.68 Million
2003 19.70% 1.20% 2.35x 7.00x CN¥14.67 Million
2004 20.53% 1.08% 1.94x 9.82x CN¥20.04 Million
2005 21.42% 0.97% 2.78x 7.99x CN¥26.28 Million
2006 19.48% 0.98% 1.66x 12.03x CN¥28.72 Million
2007 -226.48% -4.10% 0.74x 74.57x CN¥-219.13 Million
2008 0.00% -10687.38% 0.19x 0.00x CN¥-2.54 Billion
2009 0.00% -1899.84% 0.13x 0.00x CN¥31.44 Million
2010 0.00% 448.11% 0.17x 0.00x CN¥265.86 Million
2011 0.00% 44.71% 0.17x 0.00x CN¥185.51 Million
2012 1498.39% 4237.86% 0.05x 6.51x CN¥1.75 Billion
2013 2.06% 4.81% 0.06x 6.70x CN¥-9.53 Million
2014 -15.13% -52.78% 0.06x 4.57x CN¥-27.19 Million
2015 -14.16% -111.42% 0.03x 3.75x CN¥-22.90 Million
2016 3.37% 61.42% 0.03x 1.73x CN¥-6.50 Million
2017 -1.57% -13.72% 0.06x 1.80x CN¥-11.17 Million
2018 4.92% 10.03% 0.26x 1.86x CN¥-5.16 Million
2019 21.34% 9.65% 15.75x 0.14x CN¥164.44 Million
2020 16.79% 8.44% 0.81x 2.45x CN¥118.99 Million
2021 17.76% 10.46% 0.79x 2.16x CN¥171.71 Million
2022 15.87% 10.76% 0.76x 1.95x CN¥142.64 Million
2023 8.90% 7.51% 0.65x 1.83x CN¥-27.01 Million
2024 9.32% 5.98% 0.81x 1.93x CN¥-16.58 Million
2025 12.10% 8.87% 0.85x 1.61x CN¥53.61 Million

Industry Comparison

This section compares Yutong Heavy Industries 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
Yutong Heavy Industries Co Ltd (600817) CN¥2.73 Billion 3.68% 0.46x $703.10 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 Yutong Heavy Industries Co Ltd

SHG:600817 China Farm & Heavy Construction Machinery
Market Cap
$703.10 Million
CN¥4.80 Billion CNY
Market Cap Rank
#10701 Global
#2977 in China
Share Price
CN¥8.99
Change (1 day)
-1.43%
52-Week Range
CN¥8.99 - CN¥12.77
All Time High
CN¥21.25
Categories
Companies in China Farm & Heavy Construction Machinery
About

Yutong Heavy Industries Co.,Ltd. researches, develops, produces, and sells sanitation cleaning equipment, garbage collection, and transfer equipment in China. The company offers cleaning and maintenance vehicles and equipment, such as washing, sprinkling, sucking and sweeping of road pavement and facade facilities, including washing and sweeping vehicles, road sweepers, vacuum trucks, cleaning ve… Read more