Beijing Jingcheng Machinery Electric Co Ltd
Beijing Jingcheng Machinery Electric Company Limited manufactures and sells gas storage and transportation equipment in the People's Republic of China and internationally. It primarily offers liquefied natural gas (LNG) cylinders for vehicles, compressed natural gas (CNG) cylinders for vehicles, seamless steel gas cylinders, welded insulated cylinders, carbon fiber full-winding compound gas cylin… Read more
Beijing Jingcheng Machinery Electric Co Ltd (600860) - Net Assets
Latest net assets as of September 2025: CN¥1.39 Billion CNY
Based on the latest financial reports, Beijing Jingcheng Machinery Electric Co Ltd (600860) has net assets worth CN¥1.39 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¥3.33 Billion) and total liabilities (CN¥1.94 Billion). 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¥1.39 Billion |
| % of Total Assets | 41.77% |
| Annual Growth Rate | 1.49% |
| 5-Year Change | 40.99% |
| 10-Year Change | 22.8% |
| Growth Volatility | 23.28 |
Beijing Jingcheng Machinery Electric Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Beijing Jingcheng Machinery Electric 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 Beijing Jingcheng Machinery Electric Co Ltd (1994–2024)
The table below shows the annual net assets of Beijing Jingcheng Machinery Electric Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.41 Billion | +2.45% |
| 2023-12-31 | CN¥1.38 Billion | -2.00% |
| 2022-12-31 | CN¥1.41 Billion | +46.29% |
| 2021-12-31 | CN¥961.41 Million | -4.01% |
| 2020-12-31 | CN¥1.00 Billion | +42.96% |
| 2019-12-31 | CN¥700.63 Million | -18.84% |
| 2018-12-31 | CN¥863.27 Million | -15.72% |
| 2017-12-31 | CN¥1.02 Billion | +5.40% |
| 2016-12-31 | CN¥971.88 Million | -15.49% |
| 2015-12-31 | CN¥1.15 Billion | -20.40% |
| 2014-12-31 | CN¥1.44 Billion | +24.16% |
| 2013-12-31 | CN¥1.16 Billion | +93.12% |
| 2012-12-31 | CN¥602.55 Million | -22.23% |
| 2011-12-31 | CN¥774.74 Million | +1.79% |
| 2010-12-31 | CN¥761.11 Million | +2.40% |
| 2009-12-31 | CN¥743.31 Million | -19.45% |
| 2008-12-31 | CN¥922.83 Million | -23.52% |
| 2007-12-31 | CN¥1.21 Billion | -0.37% |
| 2006-12-31 | CN¥1.21 Billion | -8.71% |
| 2005-12-31 | CN¥1.33 Billion | +1.21% |
| 2004-12-31 | CN¥1.31 Billion | +5.07% |
| 2003-12-31 | CN¥1.25 Billion | +21.40% |
| 2002-12-31 | CN¥1.03 Billion | +4.67% |
| 2001-12-31 | CN¥981.73 Million | -1.79% |
| 2000-12-31 | CN¥999.60 Million | -2.99% |
| 1999-12-31 | CN¥1.03 Billion | -1.39% |
| 1998-12-31 | CN¥1.04 Billion | +2.93% |
| 1997-12-31 | CN¥1.02 Billion | +3.32% |
| 1996-12-31 | CN¥982.52 Million | +5.10% |
| 1995-12-31 | CN¥934.82 Million | +3.08% |
| 1994-12-31 | CN¥906.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Jingcheng Machinery Electric 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 948.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥547.67 Million | 50.52% |
| Other Comprehensive Income | CN¥192.70 Million | 17.77% |
| Other Components | CN¥1.05 Billion | 97.19% |
| Total Equity | CN¥1.08 Billion | 100.00% |
Beijing Jingcheng Machinery Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Jingcheng Machinery Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thunder Tiger Corp
TW:8033
|
$580.50 Million |
|
Akfen Yenilenebilir Enerji A.S.
IS:AKFYE
|
$580.51 Million |
|
Anhui Sierte Fertilizer Industry Ltd Co
SHE:002538
|
$580.56 Million |
|
ANTIN INFRASTR.PRT EO 1
F:8ZU
|
$580.61 Million |
|
Cantaloupe Inc
NASDAQ:CTLP
|
$580.22 Million |
|
Fujian Kuncai Material Tech
SHG:603826
|
$580.20 Million |
|
Argosy Property Limited
PINK:IGPYF
|
$580.19 Million |
|
Jiangxi Sanchuan Water Meter
SHE:300066
|
$580.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Jingcheng Machinery Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,065,911,000 to 1,084,157,000, a change of 18,246,000 (1.7%).
- Net income of 7,477,000 contributed positively to equity growth.
- Dividend payments of 5,193,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,768,917.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥7.48 Million | +0.69% |
| Dividends Paid | CN¥5.19 Million | -0.48% |
| Other Comprehensive Income | CN¥10.77 Million | +0.99% |
| Other Changes | CN¥5.19 Million | +0.48% |
| Total Change | CN¥- | 1.71% |
Book Value vs Market Value Analysis
This analysis compares Beijing Jingcheng Machinery Electric 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: 7.66x
- 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 increased from 7.18x to 7.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥2.11 | CN¥15.16 | x |
| 1995-12-31 | CN¥2.16 | CN¥15.16 | x |
| 1996-12-31 | CN¥2.23 | CN¥15.16 | x |
| 1997-12-31 | CN¥2.31 | CN¥15.16 | x |
| 1998-12-31 | CN¥2.30 | CN¥15.16 | x |
| 1999-12-31 | CN¥2.27 | CN¥15.16 | x |
| 2000-12-31 | CN¥2.18 | CN¥15.16 | x |
| 2001-12-31 | CN¥2.21 | CN¥15.16 | x |
| 2002-12-31 | CN¥2.28 | CN¥15.16 | x |
| 2003-12-31 | CN¥2.80 | CN¥15.16 | x |
| 2004-12-31 | CN¥2.94 | CN¥15.16 | x |
| 2005-12-31 | CN¥2.98 | CN¥15.16 | x |
| 2006-12-31 | CN¥2.71 | CN¥15.16 | x |
| 2007-12-31 | CN¥2.50 | CN¥15.16 | x |
| 2008-12-31 | CN¥2.11 | CN¥15.16 | x |
| 2009-12-31 | CN¥1.70 | CN¥15.16 | x |
| 2010-12-31 | CN¥1.67 | CN¥15.16 | x |
| 2011-12-31 | CN¥1.99 | CN¥15.16 | x |
| 2012-12-31 | CN¥3.40 | CN¥15.16 | x |
| 2013-12-31 | CN¥1.80 | CN¥15.16 | x |
| 2014-12-31 | CN¥2.15 | CN¥15.16 | x |
| 2015-12-31 | CN¥1.68 | CN¥15.16 | x |
| 2016-12-31 | CN¥1.33 | CN¥15.16 | x |
| 2017-12-31 | CN¥1.41 | CN¥15.16 | x |
| 2018-12-31 | CN¥1.09 | CN¥15.16 | x |
| 2019-12-31 | CN¥0.80 | CN¥15.16 | x |
| 2020-12-31 | CN¥1.52 | CN¥15.16 | x |
| 2021-12-31 | CN¥1.46 | CN¥15.16 | x |
| 2022-12-31 | CN¥2.34 | CN¥15.16 | x |
| 2023-12-31 | CN¥1.95 | CN¥15.16 | x |
| 2024-12-31 | CN¥1.98 | CN¥15.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Jingcheng Machinery Electric 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): 0.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.45%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.85x
- Recent ROE (0.69%) is above the historical average (-2.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.31% | 24.11% | 0.41x | 1.13x | CN¥11.92 Million |
| 1995 | 9.50% | 23.66% | 0.35x | 1.15x | CN¥-4.60 Million |
| 1996 | 7.70% | 18.93% | 0.35x | 1.18x | CN¥-22.04 Million |
| 1997 | 6.58% | 14.77% | 0.37x | 1.20x | CN¥-33.97 Million |
| 1998 | 4.64% | 10.01% | 0.38x | 1.23x | CN¥-52.86 Million |
| 1999 | 5.01% | 10.62% | 0.39x | 1.19x | CN¥-48.65 Million |
| 2000 | 3.23% | 6.84% | 0.33x | 1.45x | CN¥-63.26 Million |
| 2001 | 6.76% | 9.20% | 0.44x | 1.66x | CN¥-30.83 Million |
| 2002 | 7.04% | 7.44% | 0.49x | 1.92x | CN¥-28.97 Million |
| 2003 | 6.82% | 8.16% | 0.53x | 1.57x | CN¥-38.21 Million |
| 2004 | 7.58% | 8.55% | 0.56x | 1.60x | CN¥-30.64 Million |
| 2005 | 3.81% | 4.90% | 0.47x | 1.66x | CN¥-79.26 Million |
| 2006 | -8.85% | -10.73% | 0.45x | 1.83x | CN¥-219.66 Million |
| 2007 | 0.80% | 0.87% | 0.48x | 1.91x | CN¥-106.83 Million |
| 2008 | -29.34% | -34.67% | 0.39x | 2.18x | CN¥-352.83 Million |
| 2009 | -24.07% | -22.67% | 0.44x | 2.40x | CN¥-246.29 Million |
| 2010 | 2.99% | 2.71% | 0.56x | 1.96x | CN¥-52.22 Million |
| 2011 | 1.50% | 1.42% | 0.54x | 1.96x | CN¥-64.26 Million |
| 2012 | -8.66% | -16.63% | 0.51x | 1.03x | CN¥-268.13 Million |
| 2013 | -13.96% | -3.83% | 1.00x | 3.65x | CN¥-185.77 Million |
| 2014 | 2.33% | 1.19% | 0.72x | 2.73x | CN¥-70.54 Million |
| 2015 | -29.16% | -19.30% | 0.52x | 2.92x | CN¥-279.08 Million |
| 2016 | -26.32% | -16.73% | 0.48x | 3.27x | CN¥-205.31 Million |
| 2017 | 3.55% | 1.73% | 0.63x | 3.27x | CN¥-37.97 Million |
| 2018 | -20.12% | -8.38% | 0.63x | 3.80x | CN¥-140.62 Million |
| 2019 | -38.55% | -10.87% | 0.72x | 4.95x | CN¥-163.77 Million |
| 2020 | 22.36% | 14.37% | 0.64x | 2.44x | CN¥86.48 Million |
| 2021 | -3.44% | -1.97% | 0.75x | 2.31x | CN¥-91.05 Million |
| 2022 | 1.71% | 1.33% | 0.56x | 2.27x | CN¥-88.91 Million |
| 2023 | -4.85% | -3.68% | 0.50x | 2.64x | CN¥-158.27 Million |
| 2024 | 0.69% | 0.45% | 0.53x | 2.85x | CN¥-100.94 Million |
Industry Comparison
This section compares Beijing Jingcheng Machinery Electric Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,569,233,767
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Jingcheng Machinery Electric Co Ltd (600860) | CN¥1.39 Billion | 11.31% | 1.39x | $580.38 Million |
| Huayi Compressor Co Ltd (000404) | $4.26 Billion | 2.35% | 1.40x | $442.61 Million |
| Shenyang Machine Tool Co Ltd (000410) | $665.41 Million | 10.13% | 1.41x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $3.61 Billion | 10.56% | 0.36x | $1.93 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.16 Billion | 7.64% | 0.59x | $518.05 Million |
| Changchai Co Ltd (000570) | $1.16 Billion | -7.27% | 0.64x | $384.56 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $476.85 Million | 1.36% | 1.42x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $352.33 Million | 0.81% | 1.70x | $533.76 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $260.61 Million | 10.90% | 0.50x | $943.61 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $863.72 Million | 10.27% | 0.62x | $759.53 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $2.89 Billion | 5.30% | 2.21x | $880.10 Million |