Avic Aviation High Technology Co Ltd

SHG:600862 China Specialty Industrial Machinery
Market Cap
$4.66 Billion
CN¥34.16 Billion CNY
Market Cap Rank
#3770 Global
#331 in China
Share Price
CN¥24.52
Change (1 day)
-4.67%
52-Week Range
CN¥20.66 - CN¥27.88
All Time High
CN¥39.48
Categories
Companies in China Specialty Industrial Machinery
About

Avic Aviation High-Technology Co., Ltd. researches, develops, manufactures, and sells aviation materials and intelligent equipment in China. It operates through Machine Tool Business and Aviation New Materials Segment. The company offers vertical and horizontal machining centers, gantry machining centers, CNC lathes, flexible combined machining centers, and aviation-specific equipment, etc. The c… Read more

Avic Aviation High Technology Co Ltd (600862) - Net Assets

Latest net assets as of September 2025: CN¥7.89 Billion CNY

Based on the latest financial reports, Avic Aviation High Technology Co Ltd (600862) has net assets worth CN¥7.89 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¥10.76 Billion) and total liabilities (CN¥2.88 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¥7.89 Billion
% of Total Assets 73.27%
Annual Growth Rate 13.99%
5-Year Change 70.52%
10-Year Change 120.81%
Growth Volatility 422.65

Avic Aviation High Technology Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Avic Aviation High Technology 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 Avic Aviation High Technology Co Ltd (1994–2024)

The table below shows the annual net assets of Avic Aviation High Technology Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.50 Billion +16.42%
2023-12-31 CN¥6.45 Billion +14.30%
2022-12-31 CN¥5.64 Billion +15.56%
2021-12-31 CN¥4.88 Billion +10.89%
2020-12-31 CN¥4.40 Billion +5.08%
2019-12-31 CN¥4.19 Billion +9.32%
2018-12-31 CN¥3.83 Billion +8.86%
2017-12-31 CN¥3.52 Billion +2.26%
2016-12-31 CN¥3.44 Billion +1.26%
2015-12-31 CN¥3.40 Billion +209.41%
2014-12-31 CN¥1.10 Billion -18.09%
2013-12-31 CN¥1.34 Billion -0.93%
2012-12-31 CN¥1.35 Billion +5.19%
2011-12-31 CN¥1.29 Billion +10.51%
2010-12-31 CN¥1.16 Billion +153.28%
2009-12-31 CN¥459.68 Million +82.52%
2008-12-31 CN¥251.85 Million +25.46%
2007-12-31 CN¥200.74 Million +2330.78%
2006-12-31 CN¥8.26 Million -95.39%
2005-12-31 CN¥179.09 Million -11.44%
2004-12-31 CN¥202.22 Million +56.83%
2003-12-31 CN¥128.94 Million -43.40%
2002-12-31 CN¥227.82 Million -66.46%
2001-12-31 CN¥679.29 Million -30.21%
2000-12-31 CN¥973.29 Million +391.54%
1999-12-31 CN¥198.01 Million +7.59%
1998-12-31 CN¥184.03 Million +38.27%
1997-12-31 CN¥133.09 Million +2.55%
1996-12-31 CN¥129.79 Million -16.72%
1995-12-31 CN¥155.85 Million +5.62%
1994-12-31 CN¥147.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Avic Aviation High Technology 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 242026535000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.42 Billion 34.17%
Common Stock CN¥1.68 Billion 23.72%
Other Comprehensive Income CN¥2.09 Billion 29.56%
Other Components CN¥888.66 Million 12.55%
Total Equity CN¥7.08 Billion 100.00%

Avic Aviation High Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Avic Aviation High Technology Co Ltd ranked by their market capitalization.

Company Market Cap
Henan Zhongfu Industrial Co Ltd
SHG:600595
 		$3.24 Billion
Legend Biotech Corp
NASDAQ:LEGN
 		$3.25 Billion
Centerra Gold Inc
NYSE:CGAU
 		$3.25 Billion
Guangzhou Great Power Energy&Technology Co Ltd
SHE:300438
 		$3.25 Billion
Enagás S.A
PINK:ENGGF
 		$3.24 Billion
Xenon Pharmaceuticals Inc
NASDAQ:XENE
 		$3.24 Billion
La Francaise Des Jeux Sa
PA:FDJ
 		$3.24 Billion
Sichuan Huafeng Technology Co. Ltd. A
SHG:688629
 		$3.23 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Avic Aviation High Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,235,883,302 to 7,083,153,842, a change of 847,270,540 (13.6%).
  • Net income of 1,152,682,652 contributed positively to equity growth.
  • Dividend payments of 310,741,075 reduced retained earnings.
  • Other comprehensive income increased equity by 2,088,887,959.
  • Other factors decreased equity by 2,083,558,996.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.15 Billion +16.27%
Dividends Paid CN¥310.74 Million -4.39%
Other Comprehensive Income CN¥2.09 Billion +29.49%
Other Changes CN¥-2.08 Billion -29.42%
Total Change CN¥- 13.59%

Book Value vs Market Value Analysis

This analysis compares Avic Aviation High Technology 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: 4.81x
  • 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 80.97x to 4.81x 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¥0.30 CN¥24.52 x
1995-12-31 CN¥0.32 CN¥24.52 x
1996-12-31 CN¥0.27 CN¥24.52 x
1997-12-31 CN¥0.27 CN¥24.52 x
1998-12-31 CN¥0.31 CN¥24.52 x
1999-12-31 CN¥0.41 CN¥24.52 x
2000-12-31 CN¥1.94 CN¥24.52 x
2001-12-31 CN¥1.29 CN¥24.52 x
2002-12-31 CN¥0.38 CN¥24.52 x
2003-12-31 CN¥0.21 CN¥24.52 x
2004-12-31 CN¥0.31 CN¥24.52 x
2005-12-31 CN¥0.27 CN¥24.52 x
2006-12-31 CN¥0.00 CN¥24.52 x
2007-12-31 CN¥0.39 CN¥24.52 x
2008-12-31 CN¥0.50 CN¥24.52 x
2009-12-31 CN¥0.94 CN¥24.52 x
2010-12-31 CN¥1.00 CN¥24.52 x
2011-12-31 CN¥2.00 CN¥24.52 x
2012-12-31 CN¥1.97 CN¥24.52 x
2013-12-31 CN¥1.88 CN¥24.52 x
2014-12-31 CN¥1.87 CN¥24.52 x
2015-12-31 CN¥5.32 CN¥24.52 x
2016-12-31 CN¥2.31 CN¥24.52 x
2017-12-31 CN¥2.51 CN¥24.52 x
2018-12-31 CN¥2.75 CN¥24.52 x
2019-12-31 CN¥3.00 CN¥24.52 x
2020-12-31 CN¥3.14 CN¥24.52 x
2021-12-31 CN¥3.48 CN¥24.52 x
2022-12-31 CN¥3.90 CN¥24.52 x
2023-12-31 CN¥4.47 CN¥24.52 x
2024-12-31 CN¥5.10 CN¥24.52 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Avic Aviation High Technology 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): 16.27%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 22.73%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 1.33x
  • Recent ROE (16.27%) is above the historical average (-2.01%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 1.97% 1.77% 0.35x 3.15x CN¥-11.58 Million
1995 2.17% 1.89% 0.36x 3.23x CN¥-11.95 Million
1996 -22.37% -18.49% 0.31x 3.86x CN¥-41.08 Million
1997 0.45% 0.34% 0.34x 3.88x CN¥-12.21 Million
1998 11.06% 8.09% 0.28x 4.84x CN¥1.57 Million
1999 32.98% 27.54% 0.40x 3.03x CN¥44.35 Million
2000 5.16% 15.30% 0.20x 1.72x CN¥-44.79 Million
2001 -43.96% -95.47% 0.15x 2.97x CN¥-331.03 Million
2002 -215.08% -120.29% 0.34x 5.32x CN¥-407.18 Million
2003 -80.62% -27.58% 0.44x 6.68x CN¥-92.08 Million
2004 4.18% 1.09% 0.57x 6.72x CN¥-8.68 Million
2005 -23.73% -7.35% 0.40x 7.97x CN¥-43.74 Million
2006 0.00% -33.29% 0.36x 0.00x CN¥-113.64 Million
2007 68.40% 27.72% 0.42x 5.84x CN¥107.74 Million
2008 19.88% 11.98% 0.26x 6.40x CN¥24.02 Million
2009 45.26% 30.71% 0.26x 5.72x CN¥157.34 Million
2010 9.54% 8.58% 0.35x 3.17x CN¥-5.31 Million
2011 9.49% 9.88% 0.31x 3.11x CN¥-6.53 Million
2012 3.05% 2.87% 0.31x 3.43x CN¥-91.61 Million
2013 0.21% 0.27% 0.17x 4.58x CN¥-127.59 Million
2014 10.72% 10.92% 0.15x 6.37x CN¥7.67 Million
2015 4.32% 7.27% 0.21x 2.90x CN¥-189.85 Million
2016 2.16% 2.52% 0.34x 2.51x CN¥-265.85 Million
2017 2.39% 2.75% 0.43x 2.03x CN¥-265.74 Million
2018 8.01% 11.46% 0.35x 2.02x CN¥-75.51 Million
2019 13.19% 22.30% 0.38x 1.56x CN¥133.49 Million
2020 9.84% 14.80% 0.45x 1.49x CN¥-6.88 Million
2021 12.22% 15.53% 0.55x 1.43x CN¥107.32 Million
2022 14.07% 17.20% 0.58x 1.40x CN¥221.07 Million
2023 16.54% 21.58% 0.55x 1.39x CN¥407.87 Million
2024 16.27% 22.73% 0.54x 1.33x CN¥444.37 Million

Industry Comparison

This section compares Avic Aviation High Technology 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: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Avic Aviation High Technology Co Ltd (600862) CN¥7.89 Billion 1.97% 0.36x $3.24 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million