China XD Electric Co Ltd (601179) - Net Assets

Latest as of September 2025: CN¥25.61 Billion CNY ≈ $3.75 Billion USD

Based on the latest financial reports, China XD Electric Co Ltd (601179) has net assets worth CN¥25.61 Billion CNY (≈ $3.75 Billion 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¥47.66 Billion ≈ $6.97 Billion USD) and total liabilities (CN¥22.05 Billion ≈ $3.23 Billion 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 financial resilience of China XD Electric Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥25.61 Billion
% of Total Assets	53.74%
Annual Growth Rate	12.55%
5-Year Change	19.1%
10-Year Change	28.7%
Growth Volatility	58.4

China XD Electric Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how China XD Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of China XD Electric Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for China XD Electric Co Ltd (2006–2024)

The table below shows the annual net assets of China XD Electric Co Ltd from 2006 to 2024. For live valuation and market cap data, see 601179 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥24.83 Billion ≈ $3.63 Billion	+1.65%
2023-12-31	CN¥24.43 Billion ≈ $3.57 Billion	+6.46%
2022-12-31	CN¥22.94 Billion ≈ $3.36 Billion	+3.00%
2021-12-31	CN¥22.28 Billion ≈ $3.26 Billion	+6.86%
2020-12-31	CN¥20.85 Billion ≈ $3.05 Billion	+0.21%
2019-12-31	CN¥20.80 Billion ≈ $3.04 Billion	+0.61%
2018-12-31	CN¥20.68 Billion ≈ $3.03 Billion	+1.39%
2017-12-31	CN¥20.39 Billion ≈ $2.98 Billion	+1.45%
2016-12-31	CN¥20.10 Billion ≈ $2.94 Billion	+4.19%
2015-12-31	CN¥19.29 Billion ≈ $2.82 Billion	+2.57%
2014-12-31	CN¥18.81 Billion ≈ $2.75 Billion	+2.08%
2013-12-31	CN¥18.43 Billion ≈ $2.70 Billion	+25.29%
2012-12-31	CN¥14.71 Billion ≈ $2.15 Billion	+0.63%
2011-12-31	CN¥14.61 Billion ≈ $2.14 Billion	-2.98%
2010-12-31	CN¥15.06 Billion ≈ $2.20 Billion	+258.19%
2009-12-31	CN¥4.21 Billion ≈ $615.38 Million	+2.17%
2008-12-31	CN¥4.12 Billion ≈ $602.28 Million	+11.53%
2007-12-31	CN¥3.69 Billion ≈ $540.02 Million	+24.83%
2006-12-31	CN¥2.96 Billion ≈ $432.62 Million	--

Equity Component Analysis

This analysis shows how different components contribute to China XD 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 grown by 426187600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥4.26 Billion	19.35%
Common Stock	CN¥5.13 Billion	23.27%
Other Components	CN¥12.64 Billion	57.38%
Total Equity	CN¥22.02 Billion	100.00%

China XD Electric Co Ltd Competitors by Market Cap

The table below lists competitors of China XD Electric Co Ltd ranked by their market capitalization.

Company	Market Cap
GRAB HOLDINGS LTD CL.A F:A6I	$12.71 Billion
Goertek Inc SHE:002241	$12.71 Billion
China Shipbuilding Industry Group Power Co Ltd SHG:600482	$12.72 Billion
COLOPLAST SP.ADR 1/10 DK1 F:CBH	$12.73 Billion
Renaissancere Holdings Ltd NYSE:RNR	$12.69 Billion
Shanghai Rural Commercial Bank Co Ltd SHG:601825	$12.67 Billion
Zhangzhou Pientzehuang Pharmaceutical Co Ltd SHG:600436	$12.67 Billion
Aptiv PLC NYSE:APTV	$12.66 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China XD Electric Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 21,641,977,981 to 22,024,621,000, a change of 382,643,019 (1.8%).
Net income of 1,054,152,473 contributed positively to equity growth.
Dividend payments of 527,992,956 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥1.05 Billion	+4.79%
Dividends Paid	CN¥527.99 Million	-2.4%
Other Changes	CN¥-143.52 Million	-0.65%
Total Change	CN¥-	1.77%

Book Value vs Market Value Analysis

This analysis compares China XD 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: 3.86x
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 22.38x to 3.86x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CN¥0.76	CN¥16.92	x
2007-12-31	CN¥1.18	CN¥16.92	x
2008-12-31	CN¥1.29	CN¥16.92	x
2009-12-31	CN¥1.35	CN¥16.92	x
2010-12-31	CN¥3.46	CN¥16.92	x
2011-12-31	CN¥3.23	CN¥16.92	x
2012-12-31	CN¥3.23	CN¥16.92	x
2013-12-31	CN¥3.81	CN¥16.92	x
2014-12-31	CN¥3.50	CN¥16.92	x
2015-12-31	CN¥3.59	CN¥16.92	x
2016-12-31	CN¥3.70	CN¥16.92	x
2017-12-31	CN¥3.76	CN¥16.92	x
2018-12-31	CN¥3.83	CN¥16.92	x
2019-12-31	CN¥3.87	CN¥16.92	x
2020-12-31	CN¥3.87	CN¥16.92	x
2021-12-31	CN¥4.01	CN¥16.92	x
2022-12-31	CN¥4.11	CN¥16.92	x
2023-12-31	CN¥4.22	CN¥16.92	x
2024-12-31	CN¥4.39	CN¥16.92	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China XD 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): 4.79%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.73%
• Asset Turnover: 0.48x
• Equity Multiplier: 2.09x
Recent ROE (4.79%) is below the historical average (6.77%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	14.55%	4.65%	0.67x	4.68x	CN¥103.16 Million
2007	16.99%	5.96%	0.72x	3.94x	CN¥248.86 Million
2008	25.56%	7.74%	0.68x	4.85x	CN¥613.19 Million
2009	28.23%	8.23%	0.65x	5.26x	CN¥745.95 Million
2010	4.34%	4.95%	0.49x	1.80x	CN¥-834.55 Million
2011	-3.71%	-4.66%	0.38x	2.09x	CN¥-1.91 Billion
2012	0.84%	0.93%	0.43x	2.08x	CN¥-1.29 Billion
2013	1.89%	2.53%	0.41x	1.84x	CN¥-1.43 Billion
2014	3.80%	4.86%	0.46x	1.71x	CN¥-1.12 Billion
2015	4.90%	6.78%	0.41x	1.77x	CN¥-939.52 Million
2016	5.94%	7.96%	0.41x	1.82x	CN¥-771.55 Million
2017	4.65%	6.24%	0.43x	1.74x	CN¥-1.03 Billion
2018	2.90%	4.09%	0.40x	1.76x	CN¥-1.39 Billion
2019	2.08%	2.67%	0.44x	1.78x	CN¥-1.57 Billion
2020	1.23%	1.52%	0.44x	1.83x	CN¥-1.74 Billion
2021	2.65%	3.78%	0.37x	1.89x	CN¥-1.51 Billion
2022	2.94%	3.30%	0.46x	1.94x	CN¥-1.49 Billion
2023	4.15%	4.23%	0.48x	2.02x	CN¥-1.27 Billion
2024	4.79%	4.73%	0.48x	2.09x	CN¥-1.15 Billion

Industry Comparison

This section compares China XD Electric Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $2,638,100,262
Average return on equity (ROE) among peers: 8.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China XD Electric Co Ltd (601179)	CN¥25.61 Billion	14.55%	0.86x	$12.69 Billion
XJ Electric Co Ltd (000400)	$8.35 Billion	2.39%	0.75x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$1.10 Billion	6.75%	1.20x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.19 Billion	10.32%	0.10x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$1.57 Billion	1.57%	0.53x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$174.25 Million	22.97%	1.38x	$834.77 Million
Huagong Tech Co Ltd (000988)	$3.26 Billion	7.06%	0.72x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$434.81 Million	6.61%	1.31x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$9.06 Billion	0.57%	1.78x	$9.75 Billion

About China XD Electric Co Ltd

SHG:601179 China Electrical Equipment & Parts

Market Cap

$12.69 Billion

CN¥86.73 Billion CNY

Market Cap Rank

#1845 Global

#201 in China

Share Price

CN¥16.92

Change (1 day)

-1.34%

52-Week Range

CN¥5.97 - CN¥20.17

All Time High

CN¥20.17