Beijing Jingcheng Machinery Electric Co Ltd (600860) - Net Assets

Latest as of September 2025: CN¥1.39 Billion CNY ≈ $203.69 Million USD

Based on the latest financial reports, Beijing Jingcheng Machinery Electric Co Ltd (600860) has net assets worth CN¥1.39 Billion CNY (≈ $203.69 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¥3.33 Billion ≈ $487.61 Million USD) and total liabilities (CN¥1.94 Billion ≈ $283.92 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 600860 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Beijing Jingcheng Machinery Electric Co (600860) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600860 market cap.

Year Net Assets Change
2024-12-31 CN¥1.41 Billion
≈ $206.64 Million		 +2.45%
2023-12-31 CN¥1.38 Billion
≈ $201.70 Million		 -2.00%
2022-12-31 CN¥1.41 Billion
≈ $205.81 Million		 +46.29%
2021-12-31 CN¥961.41 Million
≈ $140.68 Million		 -4.01%
2020-12-31 CN¥1.00 Billion
≈ $146.57 Million		 +42.96%
2019-12-31 CN¥700.63 Million
≈ $102.52 Million		 -18.84%
2018-12-31 CN¥863.27 Million
≈ $126.32 Million		 -15.72%
2017-12-31 CN¥1.02 Billion
≈ $149.89 Million		 +5.40%
2016-12-31 CN¥971.88 Million
≈ $142.22 Million		 -15.49%
2015-12-31 CN¥1.15 Billion
≈ $168.28 Million		 -20.40%
2014-12-31 CN¥1.44 Billion
≈ $211.41 Million		 +24.16%
2013-12-31 CN¥1.16 Billion
≈ $170.28 Million		 +93.12%
2012-12-31 CN¥602.55 Million
≈ $88.17 Million		 -22.23%
2011-12-31 CN¥774.74 Million
≈ $113.37 Million		 +1.79%
2010-12-31 CN¥761.11 Million
≈ $111.37 Million		 +2.40%
2009-12-31 CN¥743.31 Million
≈ $108.77 Million		 -19.45%
2008-12-31 CN¥922.83 Million
≈ $135.04 Million		 -23.52%
2007-12-31 CN¥1.21 Billion
≈ $176.58 Million		 -0.37%
2006-12-31 CN¥1.21 Billion
≈ $177.24 Million		 -8.71%
2005-12-31 CN¥1.33 Billion
≈ $194.14 Million		 +1.21%
2004-12-31 CN¥1.31 Billion
≈ $191.81 Million		 +5.07%
2003-12-31 CN¥1.25 Billion
≈ $182.55 Million		 +21.40%
2002-12-31 CN¥1.03 Billion
≈ $150.37 Million		 +4.67%
2001-12-31 CN¥981.73 Million
≈ $143.66 Million		 -1.79%
2000-12-31 CN¥999.60 Million
≈ $146.27 Million		 -2.99%
1999-12-31 CN¥1.03 Billion
≈ $150.78 Million		 -1.39%
1998-12-31 CN¥1.04 Billion
≈ $152.91 Million		 +2.93%
1997-12-31 CN¥1.02 Billion
≈ $148.55 Million		 +3.32%
1996-12-31 CN¥982.52 Million
≈ $143.77 Million		 +5.10%
1995-12-31 CN¥934.82 Million
≈ $136.79 Million		 +3.08%
1994-12-31 CN¥906.85 Million
≈ $132.70 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
Cullinan Oncology LLC
NASDAQ:CGEM
 $706.55 Million
China Master Logistics Co Ltd
SHG:603967
 $706.64 Million
Sella Real Estate
TA:SLARL
 $706.67 Million
Thai Vegetable Oil Public Company Limited
BK:TVO-R
 $706.96 Million
Tilray Inc
TO:TLRY
 $706.51 Million
Media and Games Invest PLC
F:M8G
 $706.46 Million
Velocity Financial Llc
NYSE:VEL
 $706.42 Million
Zhejiang Feida Environmental Science & Technology Co Ltd
SHG:600526
 $706.15 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: 5.45x
  • 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 5.11x to 5.45x 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¥10.79 x
1995-12-31 CN¥2.16 CN¥10.79 x
1996-12-31 CN¥2.23 CN¥10.79 x
1997-12-31 CN¥2.31 CN¥10.79 x
1998-12-31 CN¥2.30 CN¥10.79 x
1999-12-31 CN¥2.27 CN¥10.79 x
2000-12-31 CN¥2.18 CN¥10.79 x
2001-12-31 CN¥2.21 CN¥10.79 x
2002-12-31 CN¥2.28 CN¥10.79 x
2003-12-31 CN¥2.80 CN¥10.79 x
2004-12-31 CN¥2.94 CN¥10.79 x
2005-12-31 CN¥2.98 CN¥10.79 x
2006-12-31 CN¥2.71 CN¥10.79 x
2007-12-31 CN¥2.50 CN¥10.79 x
2008-12-31 CN¥2.11 CN¥10.79 x
2009-12-31 CN¥1.70 CN¥10.79 x
2010-12-31 CN¥1.67 CN¥10.79 x
2011-12-31 CN¥1.99 CN¥10.79 x
2012-12-31 CN¥3.40 CN¥10.79 x
2013-12-31 CN¥1.80 CN¥10.79 x
2014-12-31 CN¥2.15 CN¥10.79 x
2015-12-31 CN¥1.68 CN¥10.79 x
2016-12-31 CN¥1.33 CN¥10.79 x
2017-12-31 CN¥1.41 CN¥10.79 x
2018-12-31 CN¥1.09 CN¥10.79 x
2019-12-31 CN¥0.80 CN¥10.79 x
2020-12-31 CN¥1.52 CN¥10.79 x
2021-12-31 CN¥1.46 CN¥10.79 x
2022-12-31 CN¥2.34 CN¥10.79 x
2023-12-31 CN¥1.95 CN¥10.79 x
2024-12-31 CN¥1.98 CN¥10.79 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: $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
Beijing Jingcheng Machinery Electric Co Ltd (600860) CN¥1.39 Billion 11.31% 1.39x $706.54 Million
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 Beijing Jingcheng Machinery Electric Co Ltd

SHG:600860 China Specialty Industrial Machinery
Market Cap
$706.54 Million
CN¥4.83 Billion CNY
Market Cap Rank
#10805 Global
#3184 in China
Share Price
CN¥10.79
Change (1 day)
+0.28%
52-Week Range
CN¥10.59 - CN¥15.86
All Time High
CN¥27.01
Categories
Companies in China Specialty Industrial Machinery
About

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