Inner Mongolia First Machinery Group Co Ltd
Inner Mongolia First Machinery Group Co.,Ltd. provides military and civilian products in China. It offers tanks, wheeled chariots, gondola, tankers, funnel cars, boxcars, flat cars, VIP cars, crawler bulldozers, energy-saving motors, and railway and heavy vehicle parts, as well as petroleum machineries, and other products. The company also provides snow clearing vehicles, agricultural cars and ve… Read more
Inner Mongolia First Machinery Group Co Ltd (600967) - Net Assets
Latest net assets as of September 2025: CN¥11.90 Billion CNY
Based on the latest financial reports, Inner Mongolia First Machinery Group Co Ltd (600967) has net assets worth CN¥11.90 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¥21.29 Billion) and total liabilities (CN¥9.40 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¥11.90 Billion |
| % of Total Assets | 55.87% |
| Annual Growth Rate | 21.43% |
| 5-Year Change | 18.78% |
| 10-Year Change | 388.88% |
| Growth Volatility | 60.21 |
Inner Mongolia First Machinery Group Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Inner Mongolia First Machinery Group 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 Inner Mongolia First Machinery Group Co Ltd (2001–2024)
The table below shows the annual net assets of Inner Mongolia First Machinery Group Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.61 Billion | +1.23% |
| 2023-12-31 | CN¥11.47 Billion | +4.40% |
| 2022-12-31 | CN¥10.99 Billion | +5.45% |
| 2021-12-31 | CN¥10.42 Billion | +6.59% |
| 2020-12-31 | CN¥9.78 Billion | +5.74% |
| 2019-12-31 | CN¥9.25 Billion | +8.60% |
| 2018-12-31 | CN¥8.51 Billion | +8.21% |
| 2017-12-31 | CN¥7.87 Billion | +7.73% |
| 2016-12-31 | CN¥7.30 Billion | +207.44% |
| 2015-12-31 | CN¥2.38 Billion | -2.85% |
| 2014-12-31 | CN¥2.45 Billion | +1.71% |
| 2013-12-31 | CN¥2.40 Billion | +11.11% |
| 2012-12-31 | CN¥2.16 Billion | +76.16% |
| 2011-12-31 | CN¥1.23 Billion | +6.81% |
| 2010-12-31 | CN¥1.15 Billion | +5.59% |
| 2009-12-31 | CN¥1.09 Billion | +16.13% |
| 2008-12-31 | CN¥937.80 Million | +72.48% |
| 2007-12-31 | CN¥543.73 Million | +5.28% |
| 2006-12-31 | CN¥516.48 Million | +7.63% |
| 2005-12-31 | CN¥479.85 Million | -3.17% |
| 2004-12-31 | CN¥495.58 Million | +221.09% |
| 2003-12-31 | CN¥154.34 Million | +6.68% |
| 2002-12-31 | CN¥144.68 Million | +8.31% |
| 2001-12-31 | CN¥133.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inner Mongolia First Machinery Group 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 457545061600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.58 Billion | 39.51% |
| Common Stock | CN¥1.70 Billion | 14.70% |
| Other Components | CN¥5.30 Billion | 45.79% |
| Total Equity | CN¥11.58 Billion | 100.00% |
Inner Mongolia First Machinery Group Co Ltd Competitors by Market Cap
The table below lists competitors of Inner Mongolia First Machinery Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CompoSecure, Inc.
NYSE:CMPO
|
$1.63 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
$1.63 Billion |
|
XiaMen HongXin Electron-tech Co Ltd
SHE:300657
|
$1.63 Billion |
|
Xiamen Amoytop Biotech Co Ltd
SHG:688278
|
$1.64 Billion |
|
Hebei Yangyuan ZhiHui Beverage Co Ltd
SHG:603156
|
$1.63 Billion |
|
HUTCHMED (China) Limited
PINK:HMDCF
|
$1.63 Billion |
|
Manappuram Finance Limited
NSE:MANAPPURAM
|
$1.63 Billion |
|
Daewoo Engineering & Construction
KO:047040
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inner Mongolia First Machinery Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,434,773,091 to 11,579,645,892, a change of 144,872,801 (1.3%).
- Net income of 499,507,754 contributed positively to equity growth.
- Dividend payments of 558,982,963 reduced retained earnings.
- Other factors increased equity by 204,348,010.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥499.51 Million | +4.31% |
| Dividends Paid | CN¥558.98 Million | -4.83% |
| Other Changes | CN¥204.35 Million | +1.76% |
| Total Change | CN¥- | 1.27% |
Book Value vs Market Value Analysis
This analysis compares Inner Mongolia First Machinery Group 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: 2.37x
- 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 55.67x to 2.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.29 | CN¥15.90 | x |
| 2002-12-31 | CN¥0.31 | CN¥15.90 | x |
| 2003-12-31 | CN¥0.33 | CN¥15.90 | x |
| 2004-12-31 | CN¥1.06 | CN¥15.90 | x |
| 2005-12-31 | CN¥1.01 | CN¥15.90 | x |
| 2006-12-31 | CN¥1.03 | CN¥15.90 | x |
| 2007-12-31 | CN¥1.09 | CN¥15.90 | x |
| 2008-12-31 | CN¥1.55 | CN¥15.90 | x |
| 2009-12-31 | CN¥1.43 | CN¥15.90 | x |
| 2010-12-31 | CN¥1.50 | CN¥15.90 | x |
| 2011-12-31 | CN¥1.63 | CN¥15.90 | x |
| 2012-12-31 | CN¥3.14 | CN¥15.90 | x |
| 2013-12-31 | CN¥2.67 | CN¥15.90 | x |
| 2014-12-31 | CN¥2.83 | CN¥15.90 | x |
| 2015-12-31 | CN¥2.97 | CN¥15.90 | x |
| 2016-12-31 | CN¥4.67 | CN¥15.90 | x |
| 2017-12-31 | CN¥4.61 | CN¥15.90 | x |
| 2018-12-31 | CN¥5.07 | CN¥15.90 | x |
| 2019-12-31 | CN¥5.43 | CN¥15.90 | x |
| 2020-12-31 | CN¥5.76 | CN¥15.90 | x |
| 2021-12-31 | CN¥6.14 | CN¥15.90 | x |
| 2022-12-31 | CN¥6.47 | CN¥15.90 | x |
| 2023-12-31 | CN¥6.72 | CN¥15.90 | x |
| 2024-12-31 | CN¥6.72 | CN¥15.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inner Mongolia First Machinery Group 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): 4.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.10%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.73x
- Recent ROE (4.31%) is below the historical average (8.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 15.46% | 7.15% | 1.23x | 1.76x | CN¥7.29 Million |
| 2002 | 19.80% | 8.14% | 1.29x | 1.89x | CN¥14.18 Million |
| 2003 | 22.04% | 4.39% | 1.65x | 3.05x | CN¥18.58 Million |
| 2004 | 5.02% | 2.50% | 1.02x | 1.98x | CN¥-24.68 Million |
| 2005 | -2.22% | -1.27% | 0.75x | 2.32x | CN¥-57.69 Million |
| 2006 | 2.11% | 0.82% | 0.93x | 2.77x | CN¥-38.13 Million |
| 2007 | 4.96% | 1.48% | 1.23x | 2.70x | CN¥-25.64 Million |
| 2008 | 4.19% | 1.72% | 0.88x | 2.75x | CN¥-49.05 Million |
| 2009 | 5.02% | 1.86% | 1.12x | 2.42x | CN¥-44.20 Million |
| 2010 | 6.13% | 1.99% | 1.22x | 2.54x | CN¥-36.23 Million |
| 2011 | 11.34% | 3.90% | 1.04x | 2.80x | CN¥13.66 Million |
| 2012 | 8.70% | 5.55% | 0.89x | 1.76x | CN¥-25.46 Million |
| 2013 | 11.77% | 8.07% | 0.90x | 1.61x | CN¥38.92 Million |
| 2014 | 8.62% | 6.74% | 0.87x | 1.47x | CN¥-32.20 Million |
| 2015 | 16.17% | 3.64% | 3.09x | 1.44x | CN¥139.39 Million |
| 2016 | 6.85% | 4.94% | 0.71x | 1.94x | CN¥-227.96 Million |
| 2017 | 6.72% | 4.39% | 0.66x | 2.33x | CN¥-255.82 Million |
| 2018 | 6.32% | 4.35% | 0.60x | 2.41x | CN¥-311.36 Million |
| 2019 | 6.23% | 4.51% | 0.50x | 2.76x | CN¥-345.86 Million |
| 2020 | 6.74% | 4.96% | 0.44x | 3.10x | CN¥-317.00 Million |
| 2021 | 7.20% | 5.40% | 0.44x | 3.04x | CN¥-290.62 Million |
| 2022 | 7.52% | 5.74% | 0.62x | 2.13x | CN¥-271.27 Million |
| 2023 | 7.45% | 8.51% | 0.42x | 2.08x | CN¥-292.10 Million |
| 2024 | 4.31% | 5.10% | 0.49x | 1.73x | CN¥-658.46 Million |
Industry Comparison
This section compares Inner Mongolia First Machinery Group Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $2,519,823,462
- Average return on equity (ROE) among peers: 5.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inner Mongolia First Machinery Group Co Ltd (600967) | CN¥11.90 Billion | 15.46% | 0.79x | $1.63 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $1.51 Billion | 3.95% | 0.11x | $590.11 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $1.20 Billion | 2.25% | 0.68x | $1.98 Billion |
| AVIC Aircraft Co Ltd (000768) | $1.98 Billion | 2.31% | 0.31x | $4.62 Billion |
| Zhejiang XiaSha Precision (001316) | $1.05 Billion | 7.55% | 0.08x | $223.64 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $4.13 Billion | 0.99% | 0.43x | $873.11 Million |
| Aerospace CH UAV Co Ltd (002389) | $8.20 Billion | 1.87% | 0.30x | $1.90 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.72 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.60 Billion | 6.16% | 0.09x | $431.82 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $3.57 Billion | 8.82% | 0.17x | $857.34 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $1.35 Billion | 9.08% | 0.39x | $427.08 Million |