Xiamen International Airport Co Ltd
Xiamen International Airport Co.,Ltd engages in the airport operations in China. The company's route network covers various cities in Chinese Mainland and Hong Kong, Macao and Taiwan, Southeast Asia and Northeast Asia, Europe, the United States, Africa, and Australia. It offers boarding, air freight, office leasing, automotive industry, aviation services, logistics partnerships, e-commerce collab… Read more
Xiamen International Airport Co Ltd (600897) - Net Assets
Latest net assets as of September 2025: CN¥5.03 Billion CNY
Based on the latest financial reports, Xiamen International Airport Co Ltd (600897) has net assets worth CN¥5.03 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¥6.07 Billion) and total liabilities (CN¥1.05 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¥5.03 Billion |
| % of Total Assets | 82.79% |
| Annual Growth Rate | 15.88% |
| 5-Year Change | 19.13% |
| 10-Year Change | 48.21% |
| Growth Volatility | 48.42 |
Xiamen International Airport Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Xiamen International Airport 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 Xiamen International Airport Co Ltd (1993–2024)
The table below shows the annual net assets of Xiamen International Airport Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.75 Billion | +7.84% |
| 2023-12-31 | CN¥4.41 Billion | +8.67% |
| 2022-12-31 | CN¥4.05 Billion | -0.93% |
| 2021-12-31 | CN¥4.09 Billion | +2.61% |
| 2020-12-31 | CN¥3.99 Billion | +0.76% |
| 2019-12-31 | CN¥3.96 Billion | +4.05% |
| 2018-12-31 | CN¥3.80 Billion | +4.93% |
| 2017-12-31 | CN¥3.63 Billion | +3.57% |
| 2016-12-31 | CN¥3.50 Billion | +9.20% |
| 2015-12-31 | CN¥3.21 Billion | +7.61% |
| 2014-12-31 | CN¥2.98 Billion | +8.29% |
| 2013-12-31 | CN¥2.75 Billion | +13.58% |
| 2012-12-31 | CN¥2.42 Billion | +17.56% |
| 2011-12-31 | CN¥2.06 Billion | +18.24% |
| 2010-12-31 | CN¥1.74 Billion | +17.44% |
| 2009-12-31 | CN¥1.48 Billion | +17.87% |
| 2008-12-31 | CN¥1.26 Billion | -4.22% |
| 2007-12-31 | CN¥1.31 Billion | -0.82% |
| 2006-12-31 | CN¥1.32 Billion | +3.59% |
| 2005-12-31 | CN¥1.28 Billion | -3.07% |
| 2004-12-31 | CN¥1.32 Billion | +7.51% |
| 2003-12-31 | CN¥1.23 Billion | +4.56% |
| 2002-12-31 | CN¥1.17 Billion | +2.59% |
| 2001-12-31 | CN¥1.14 Billion | +0.99% |
| 2000-12-31 | CN¥1.13 Billion | +2.08% |
| 1999-12-31 | CN¥1.11 Billion | +4.52% |
| 1998-12-31 | CN¥1.06 Billion | +4.27% |
| 1997-12-31 | CN¥1.02 Billion | +132.91% |
| 1996-12-31 | CN¥437.25 Million | +227.47% |
| 1995-12-31 | CN¥133.52 Million | +123.28% |
| 1994-12-31 | CN¥59.80 Million | +21.48% |
| 1993-12-31 | CN¥49.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen International Airport 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 337869117400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.38 Billion | 75.64% |
| Common Stock | CN¥416.93 Million | 9.33% |
| Other Components | CN¥670.98 Million | 15.02% |
| Total Equity | CN¥4.47 Billion | 100.00% |
Xiamen International Airport Co Ltd Competitors by Market Cap
The table below lists competitors of Xiamen International Airport Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guotai Epoint Software Co Ltd
SHG:688232
|
$299.75 Million |
|
Yunnan Metropolitan Real Estate Development Co Ltd
SHG:600239
|
$299.82 Million |
|
Everbright Jiabao Co Ltd
SHG:600622
|
$299.85 Million |
|
Jiangsu Jujie Microfiber Technology
SHE:300819
|
$299.85 Million |
|
California BanCorp
F:KZ9
|
$299.69 Million |
|
Vulcabras Azaleia S.A
SA:VULC3
|
$299.63 Million |
|
ADM Korea Inc.
KQ:187660
|
$299.58 Million |
|
Ascencio SCA
LSE:0P2J
|
$299.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen International Airport Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,146,775,826 to 4,466,609,264, a change of 319,833,438 (7.7%).
- Net income of 431,114,551 contributed positively to equity growth.
- Dividend payments of 108,402,840 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥431.11 Million | +9.65% |
| Dividends Paid | CN¥108.40 Million | -2.43% |
| Other Changes | CN¥-2.88 Million | -0.06% |
| Total Change | CN¥- | 7.71% |
Book Value vs Market Value Analysis
This analysis compares Xiamen International Airport 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: 1.54x
- 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 99.71x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.17 | CN¥16.48 | x |
| 1994-12-31 | CN¥0.20 | CN¥16.48 | x |
| 1995-12-31 | CN¥0.45 | CN¥16.48 | x |
| 1996-12-31 | CN¥1.47 | CN¥16.48 | x |
| 1997-12-31 | CN¥3.42 | CN¥16.48 | x |
| 1998-12-31 | CN¥3.57 | CN¥16.48 | x |
| 1999-12-31 | CN¥3.73 | CN¥16.48 | x |
| 2000-12-31 | CN¥3.80 | CN¥16.48 | x |
| 2001-12-31 | CN¥3.84 | CN¥16.48 | x |
| 2002-12-31 | CN¥3.94 | CN¥16.48 | x |
| 2003-12-31 | CN¥4.12 | CN¥16.48 | x |
| 2004-12-31 | CN¥4.02 | CN¥16.48 | x |
| 2005-12-31 | CN¥3.87 | CN¥16.48 | x |
| 2006-12-31 | CN¥2.86 | CN¥16.48 | x |
| 2007-12-31 | CN¥2.79 | CN¥16.48 | x |
| 2008-12-31 | CN¥2.67 | CN¥16.48 | x |
| 2009-12-31 | CN¥3.20 | CN¥16.48 | x |
| 2010-12-31 | CN¥3.81 | CN¥16.48 | x |
| 2011-12-31 | CN¥4.52 | CN¥16.48 | x |
| 2012-12-31 | CN¥5.35 | CN¥16.48 | x |
| 2013-12-31 | CN¥6.12 | CN¥16.48 | x |
| 2014-12-31 | CN¥6.69 | CN¥16.48 | x |
| 2015-12-31 | CN¥7.23 | CN¥16.48 | x |
| 2016-12-31 | CN¥7.91 | CN¥16.48 | x |
| 2017-12-31 | CN¥8.17 | CN¥16.48 | x |
| 2018-12-31 | CN¥8.64 | CN¥16.48 | x |
| 2019-12-31 | CN¥8.96 | CN¥16.48 | x |
| 2020-12-31 | CN¥8.99 | CN¥16.48 | x |
| 2021-12-31 | CN¥9.20 | CN¥16.48 | x |
| 2022-12-31 | CN¥9.16 | CN¥16.48 | x |
| 2023-12-31 | CN¥9.96 | CN¥16.48 | x |
| 2024-12-31 | CN¥10.67 | CN¥16.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen International Airport 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): 9.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.91%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.29x
- Recent ROE (9.65%) is below the historical average (14.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 57.15% | 68.47% | 0.50x | 1.66x | CN¥23.21 Million |
| 1994 | 67.36% | 71.73% | 0.29x | 3.27x | CN¥34.30 Million |
| 1995 | 45.75% | 69.21% | 0.22x | 3.02x | CN¥47.74 Million |
| 1996 | 17.34% | 68.00% | 0.16x | 1.61x | CN¥32.09 Million |
| 1997 | 4.40% | 29.11% | 0.13x | 1.17x | CN¥-57.02 Million |
| 1998 | 4.11% | 27.09% | 0.12x | 1.25x | CN¥-62.59 Million |
| 1999 | 4.59% | 29.59% | 0.14x | 1.14x | CN¥-60.01 Million |
| 2000 | 4.54% | 28.45% | 0.14x | 1.14x | CN¥-61.86 Million |
| 2001 | 4.50% | 28.47% | 0.14x | 1.11x | CN¥-62.93 Million |
| 2002 | 4.08% | 25.03% | 0.15x | 1.08x | CN¥-69.53 Million |
| 2003 | 3.25% | 20.87% | 0.15x | 1.03x | CN¥-82.86 Million |
| 2004 | 6.42% | 29.22% | 0.19x | 1.16x | CN¥-42.85 Million |
| 2005 | 8.06% | 30.50% | 0.23x | 1.15x | CN¥-22.38 Million |
| 2006 | 10.28% | 34.67% | 0.26x | 1.16x | CN¥3.36 Million |
| 2007 | 14.18% | 38.89% | 0.30x | 1.20x | CN¥48.57 Million |
| 2008 | 17.48% | 30.28% | 0.39x | 1.48x | CN¥83.23 Million |
| 2009 | 20.26% | 35.26% | 0.46x | 1.25x | CN¥136.83 Million |
| 2010 | 17.65% | 33.40% | 0.43x | 1.22x | CN¥121.39 Million |
| 2011 | 17.31% | 32.78% | 0.44x | 1.19x | CN¥137.80 Million |
| 2012 | 16.94% | 33.77% | 0.42x | 1.21x | CN¥154.81 Million |
| 2013 | 17.24% | 35.08% | 0.41x | 1.20x | CN¥184.79 Million |
| 2014 | 16.44% | 33.88% | 0.36x | 1.36x | CN¥179.52 Million |
| 2015 | 12.26% | 25.94% | 0.36x | 1.30x | CN¥68.00 Million |
| 2016 | 12.08% | 26.38% | 0.35x | 1.31x | CN¥68.62 Million |
| 2017 | 12.06% | 24.74% | 0.38x | 1.30x | CN¥70.10 Million |
| 2018 | 14.04% | 28.45% | 0.38x | 1.29x | CN¥145.58 Million |
| 2019 | 13.87% | 29.03% | 0.39x | 1.22x | CN¥144.74 Million |
| 2020 | 4.57% | 13.99% | 0.26x | 1.26x | CN¥-203.56 Million |
| 2021 | 3.69% | 11.36% | 0.25x | 1.28x | CN¥-241.99 Million |
| 2022 | 0.74% | 2.79% | 0.20x | 1.29x | CN¥-353.93 Million |
| 2023 | 8.54% | 20.88% | 0.31x | 1.31x | CN¥-60.72 Million |
| 2024 | 9.65% | 22.91% | 0.33x | 1.29x | CN¥-15.55 Million |
Industry Comparison
This section compares Xiamen International Airport Co Ltd's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $9,526,629,425
- Average return on equity (ROE) among peers: 9.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen International Airport Co Ltd (600897) | CN¥5.03 Billion | 57.15% | 0.21x | $299.71 Million |
| Shenzhen Airport Co Ltd (000089) | $6.86 Billion | 9.58% | 0.34x | $856.79 Million |
| Guangzhou Baiyun International Airport Co Ltd (600004) | $17.81 Billion | 2.48% | 0.47x | $1.41 Billion |
| Shanghai International Airport Co Ltd (600009) | $3.91 Billion | 15.19% | 0.06x | $3.79 Billion |