Aerospace Cf (600855) - Net Assets

Latest as of September 2025: CN¥1.65 Billion CNY ≈ $241.37 Million USD

Based on the latest financial reports, Aerospace Cf (600855) has net assets worth CN¥1.65 Billion CNY (≈ $241.37 Million 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¥3.56 Billion ≈ $520.47 Million USD) and total liabilities (CN¥1.91 Billion ≈ $279.10 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 600855 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.65 Billion
% of Total Assets	46.38%
Annual Growth Rate	7.19%
5-Year Change	-3.99%
10-Year Change	84.87%
Growth Volatility	107.74

Aerospace Cf - Net Assets Trend (1993–2024)

This chart illustrates how Aerospace Cf's net assets have evolved over time, based on quarterly financial data. Also explore Aerospace Cf (600855) total assets for the complete picture of this company's asset base.

Annual Net Assets for Aerospace Cf (1993–2024)

The table below shows the annual net assets of Aerospace Cf from 1993 to 2024. For live valuation and market cap data, see 600855 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥1.74 Billion ≈ $253.92 Million	-13.09%
2023-12-31	CN¥2.00 Billion ≈ $292.16 Million	+5.56%
2022-12-31	CN¥1.89 Billion ≈ $276.78 Million	+0.81%
2021-12-31	CN¥1.88 Billion ≈ $274.55 Million	+3.80%
2020-12-31	CN¥1.81 Billion ≈ $264.49 Million	-4.71%
2019-12-31	CN¥1.90 Billion ≈ $277.55 Million	+40.57%
2018-12-31	CN¥1.35 Billion ≈ $197.45 Million	+39.79%
2017-12-31	CN¥965.25 Million ≈ $141.25 Million	-0.53%
2016-12-31	CN¥970.41 Million ≈ $142.00 Million	+3.39%
2015-12-31	CN¥938.61 Million ≈ $137.35 Million	+2.09%
2014-12-31	CN¥919.38 Million ≈ $134.53 Million	+4.10%
2013-12-31	CN¥883.16 Million ≈ $129.23 Million	+7.14%
2012-12-31	CN¥824.32 Million ≈ $120.62 Million	+4.34%
2011-12-31	CN¥790.05 Million ≈ $115.61 Million	+30.02%
2010-12-31	CN¥607.66 Million ≈ $88.92 Million	-2.86%
2009-12-31	CN¥625.53 Million ≈ $91.53 Million	+2.20%
2008-12-31	CN¥612.07 Million ≈ $89.57 Million	-8.96%
2007-12-31	CN¥672.28 Million ≈ $98.38 Million	+7.13%
2006-12-31	CN¥627.52 Million ≈ $91.83 Million	+3.52%
2005-12-31	CN¥606.18 Million ≈ $88.70 Million	+108.79%
2004-12-31	CN¥290.34 Million ≈ $42.49 Million	+15.87%
2003-12-31	CN¥250.58 Million ≈ $36.67 Million	+14.13%
2002-12-31	CN¥219.55 Million ≈ $32.13 Million	+10.29%
2001-12-31	CN¥199.07 Million ≈ $29.13 Million	+10.82%
2000-12-31	CN¥179.64 Million ≈ $26.29 Million	+590.77%
1999-12-31	CN¥26.01 Million ≈ $3.81 Million	-71.63%
1998-12-31	CN¥91.67 Million ≈ $13.41 Million	-55.96%
1997-12-31	CN¥208.15 Million ≈ $30.46 Million	-22.91%
1996-12-31	CN¥270.02 Million ≈ $39.51 Million	-6.25%
1995-12-31	CN¥288.02 Million ≈ $42.15 Million	-11.69%
1994-12-31	CN¥326.14 Million ≈ $47.72 Million	+61.54%
1993-12-31	CN¥201.89 Million ≈ $29.54 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Aerospace Cf'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 5935777300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥59.36 Million	3.69%
Common Stock	CN¥468.54 Million	29.11%
Other Comprehensive Income	CN¥100.28 Million	6.23%
Other Components	CN¥981.17 Million	60.97%
Total Equity	CN¥1.61 Billion	100.00%

Aerospace Cf Competitors by Market Cap

The table below lists competitors of Aerospace Cf ranked by their market capitalization.

Company	Market Cap
Guangdong Macro Co Ltd SHE:000533	$1.28 Billion
Jiangsu Jiuding New Material Co Ltd SHE:002201	$1.28 Billion
Carlsberg Brewery Malaysia Bhd KLSE:2836	$1.28 Billion
Shantou Dongfeng Printing Co Ltd SHG:601515	$1.28 Billion
Bicara Therapeutics Inc. Common Stock NASDAQ:BCAX	$1.28 Billion
Allmed Medical Products Co Ltd Class A SHE:002950	$1.28 Billion
WEIBO CORP. A F:2WB	$1.28 Billion
Csg Smart Science&Technology Co Ltd SHE:300222	$1.28 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aerospace Cf's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,854,813,458 to 1,609,351,070, a change of -245,462,388 (-13.2%).
Net loss of 245,940,480 reduced equity.
Dividend payments of 2,487,586 reduced retained earnings.
Share repurchases of 47,160,966 reduced equity.
Other comprehensive income increased equity by 100,278,707.
Other factors decreased equity by 50,152,063.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-245.94 Million	-15.28%
Dividends Paid	CN¥2.49 Million	-0.15%
Share Repurchases	CN¥47.16 Million	-2.93%
Other Comprehensive Income	CN¥100.28 Million	+6.23%
Other Changes	CN¥-50.15 Million	-3.12%
Total Change	CN¥-	-13.23%

Book Value vs Market Value Analysis

This analysis compares Aerospace Cf'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: 5.41x
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 16.70x to 5.41x 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¥1.11	CN¥18.62	x
1995-12-31	CN¥0.98	CN¥18.62	x
1996-12-31	CN¥0.92	CN¥18.62	x
1997-12-31	CN¥0.71	CN¥18.62	x
1998-12-31	CN¥0.31	CN¥18.62	x
1999-12-31	CN¥0.09	CN¥18.62	x
2000-12-31	CN¥0.61	CN¥18.62	x
2001-12-31	CN¥0.68	CN¥18.62	x
2002-12-31	CN¥0.75	CN¥18.62	x
2003-12-31	CN¥0.82	CN¥18.62	x
2004-12-31	CN¥0.89	CN¥18.62	x
2005-12-31	CN¥1.96	CN¥18.62	x
2006-12-31	CN¥2.03	CN¥18.62	x
2007-12-31	CN¥2.19	CN¥18.62	x
2008-12-31	CN¥1.98	CN¥18.62	x
2009-12-31	CN¥2.02	CN¥18.62	x
2010-12-31	CN¥1.73	CN¥18.62	x
2011-12-31	CN¥2.27	CN¥18.62	x
2012-12-31	CN¥2.34	CN¥18.62	x
2013-12-31	CN¥2.42	CN¥18.62	x
2014-12-31	CN¥2.51	CN¥18.62	x
2015-12-31	CN¥2.58	CN¥18.62	x
2016-12-31	CN¥2.66	CN¥18.62	x
2017-12-31	CN¥2.64	CN¥18.62	x
2018-12-31	CN¥3.03	CN¥18.62	x
2019-12-31	CN¥4.26	CN¥18.62	x
2020-12-31	CN¥3.84	CN¥18.62	x
2021-12-31	CN¥4.03	CN¥18.62	x
2022-12-31	CN¥4.01	CN¥18.62	x
2023-12-31	CN¥3.97	CN¥18.62	x
2024-12-31	CN¥3.44	CN¥18.62	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aerospace Cf 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): -15.28%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -21.21%
• Asset Turnover: 0.31x
• Equity Multiplier: 2.31x
Recent ROE (-15.28%) is below the historical average (-8.14%), 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	2.53%	2.84%	0.57x	1.56x	CN¥-24.35 Million
1995	-10.94%	-10.07%	0.61x	1.77x	CN¥-60.31 Million
1996	-6.67%	-9.13%	0.37x	1.98x	CN¥-45.00 Million
1997	-30.15%	-50.25%	0.26x	2.35x	CN¥-83.57 Million
1998	-127.08%	-148.97%	0.20x	4.20x	CN¥-125.65 Million
1999	-226.79%	-77.32%	0.23x	12.57x	CN¥-61.58 Million
2000	81.18%	352.95%	0.14x	1.67x	CN¥127.76 Million
2001	10.02%	15.13%	0.44x	1.51x	CN¥46.05K
2002	9.22%	12.45%	0.50x	1.49x	CN¥-1.71 Million
2003	8.53%	11.81%	0.38x	1.90x	CN¥-3.51 Million
2004	8.83%	9.67%	0.52x	1.75x	CN¥-3.06 Million
2005	4.55%	10.92%	0.31x	1.34x	CN¥-31.29 Million
2006	3.70%	6.82%	0.39x	1.38x	CN¥-37.48 Million
2007	0.48%	0.81%	0.43x	1.35x	CN¥-60.77 Million
2008	-3.93%	-6.27%	0.46x	1.36x	CN¥-80.65 Million
2009	0.51%	0.86%	0.48x	1.24x	CN¥-56.29 Million
2010	-1.10%	-1.19%	0.69x	1.34x	CN¥-63.59 Million
2011	4.33%	2.93%	0.92x	1.61x	CN¥-42.61 Million
2012	2.82%	2.50%	0.64x	1.76x	CN¥-55.73 Million
2013	3.92%	3.21%	0.63x	1.94x	CN¥-48.82 Million
2014	2.77%	3.35%	0.42x	1.95x	CN¥-60.24 Million
2015	3.43%	3.33%	0.52x	1.96x	CN¥-56.11 Million
2016	6.54%	5.10%	0.66x	1.95x	CN¥-30.50 Million
2017	1.18%	0.69%	0.78x	2.20x	CN¥-77.20 Million
2018	6.42%	3.60%	0.85x	2.10x	CN¥-42.39 Million
2019	6.11%	3.99%	0.75x	2.04x	CN¥-65.78 Million
2020	6.73%	4.11%	0.60x	2.72x	CN¥-55.12 Million
2021	6.60%	4.21%	0.63x	2.47x	CN¥-60.45 Million
2022	1.83%	1.79%	0.45x	2.29x	CN¥-143.71 Million
2023	-12.68%	-17.02%	0.35x	2.15x	CN¥-420.70 Million
2024	-15.28%	-21.21%	0.31x	2.31x	CN¥-406.88 Million

Industry Comparison

This section compares Aerospace Cf's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Aerospace Cf (600855)	CN¥1.65 Billion	2.53%	1.16x	$1.28 Billion
Huayi Compressor Co Ltd (000404)	$4.89 Billion	8.55%	1.57x	$843.29 Million
Shenyang Machine Tool Co Ltd (000410)	$824.03 Million	-170.30%	29.09x	$2.39 Billion
North Industries Group Red Arrow Co Ltd (000519)	$319.51 Million	4.81%	0.48x	$3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$3.45 Billion	2.58%	0.60x	$520.37 Million
Changchai Co Ltd (000570)	$3.36 Billion	2.28%	0.55x	$522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$327.45 Million	-65.69%	8.93x	$32.29 Million
Baota Industry Co Ltd (000595)	$746.32 Million	-18.39%	0.62x	$1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$280.92 Million	8.98%	0.50x	$1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.30 Billion	-22.46%	1.14x	$938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$3.55 Billion	0.54%	0.80x	$1.66 Billion

About Aerospace Cf

SHG:600855 China Specialty Industrial Machinery

Market Cap

$1.28 Billion

CN¥8.72 Billion CNY

Market Cap Rank

#8051 Global

#2023 in China

Share Price

CN¥18.62

Change (1 day)

+1.42%

52-Week Range

CN¥10.97 - CN¥29.39

All Time High

CN¥45.51