XiAn Shaangu Power Co Ltd

SHG:601369 China Specialty Industrial Machinery
Market Cap
$2.70 Billion
CN¥19.84 Billion CNY
Market Cap Rank
#7308 Global
#1235 in China
Share Price
CN¥11.51
Change (1 day)
-4.64%
52-Week Range
CN¥8.07 - CN¥12.42
All Time High
CN¥13.70
About

Xi'an Shaangu Power Co., Ltd. operates as system solutions and service provider in the distributed energy field in the People's Republic of China and internationally. The company offers energy conversion turbine units, such as air separation compressors, axial compressors, blast furnace power recovery turbine, centrifugal compressors, industrial steam turbine, LNG compressor train, natural gas lo… Read more

XiAn Shaangu Power Co Ltd (601369) - Net Assets

Latest net assets as of September 2025: CN¥9.55 Billion CNY

Based on the latest financial reports, XiAn Shaangu Power Co Ltd (601369) has net assets worth CN¥9.55 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¥24.75 Billion) and total liabilities (CN¥15.20 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¥9.55 Billion
% of Total Assets 38.6%
Annual Growth Rate 8.75%
5-Year Change 29.88%
10-Year Change 49.99%
Growth Volatility 19.99

XiAn Shaangu Power Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how XiAn Shaangu Power 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 XiAn Shaangu Power Co Ltd (2007–2024)

The table below shows the annual net assets of XiAn Shaangu Power Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.56 Billion +2.45%
2023-12-31 CN¥9.33 Billion +7.78%
2022-12-31 CN¥8.66 Billion +8.42%
2021-12-31 CN¥7.99 Billion +8.49%
2020-12-31 CN¥7.36 Billion +4.71%
2019-12-31 CN¥7.03 Billion +8.71%
2018-12-31 CN¥6.47 Billion +1.90%
2017-12-31 CN¥6.35 Billion +0.52%
2016-12-31 CN¥6.31 Billion -0.95%
2015-12-31 CN¥6.37 Billion +0.77%
2014-12-31 CN¥6.33 Billion +0.68%
2013-12-31 CN¥6.28 Billion +8.93%
2012-12-31 CN¥5.77 Billion +11.42%
2011-12-31 CN¥5.18 Billion +5.86%
2010-12-31 CN¥4.89 Billion +88.29%
2009-12-31 CN¥2.60 Billion +0.38%
2008-12-31 CN¥2.59 Billion +12.58%
2007-12-31 CN¥2.30 Billion --

Equity Component Analysis

This analysis shows how different components contribute to XiAn Shaangu Power 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 805.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.02 Billion 34.07%
Common Stock CN¥1.73 Billion 19.46%
Other Comprehensive Income CN¥174.65 Million 1.97%
Other Components CN¥3.95 Billion 44.50%
Total Equity CN¥8.87 Billion 100.00%

XiAn Shaangu Power Co Ltd Competitors by Market Cap

The table below lists competitors of XiAn Shaangu Power Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in XiAn Shaangu Power Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,745,693,862 to 8,868,697,938, a change of 123,004,076 (1.4%).
  • Net income of 1,041,588,361 contributed positively to equity growth.
  • Dividend payments of 1,079,592,065 reduced retained earnings.
  • Share repurchases of 7,466,313 reduced equity.
  • Other comprehensive income increased equity by 3,532,831.
  • Other factors increased equity by 164,941,262.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.04 Billion +11.74%
Dividends Paid CN¥1.08 Billion -12.17%
Share Repurchases CN¥7.47 Million -0.08%
Other Comprehensive Income CN¥3.53 Million +0.04%
Other Changes CN¥164.94 Million +1.86%
Total Change CN¥- 1.41%

Book Value vs Market Value Analysis

This analysis compares XiAn Shaangu Power 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: 2.24x
  • 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 7.46x to 2.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥1.54 CN¥11.51 x
2008-12-31 CN¥1.74 CN¥11.51 x
2009-12-31 CN¥1.76 CN¥11.51 x
2010-12-31 CN¥3.09 CN¥11.51 x
2011-12-31 CN¥3.17 CN¥11.51 x
2012-12-31 CN¥3.48 CN¥11.51 x
2013-12-31 CN¥3.72 CN¥11.51 x
2014-12-31 CN¥3.74 CN¥11.51 x
2015-12-31 CN¥3.75 CN¥11.51 x
2016-12-31 CN¥3.70 CN¥11.51 x
2017-12-31 CN¥3.71 CN¥11.51 x
2018-12-31 CN¥3.78 CN¥11.51 x
2019-12-31 CN¥4.01 CN¥11.51 x
2020-12-31 CN¥4.16 CN¥11.51 x
2021-12-31 CN¥4.48 CN¥11.51 x
2022-12-31 CN¥4.74 CN¥11.51 x
2023-12-31 CN¥5.06 CN¥11.51 x
2024-12-31 CN¥5.14 CN¥11.51 x

Capital Efficiency Dashboard

This dashboard shows how efficiently XiAn Shaangu Power 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): 11.74%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.14%
  • • Asset Turnover: 0.41x
  • • Equity Multiplier: 2.85x
  • Recent ROE (11.74%) is above the historical average (11.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 15.80% 12.47% 0.47x 2.67x CN¥133.32 Million
2008 17.66% 11.59% 0.49x 3.14x CN¥198.10 Million
2009 17.82% 12.82% 0.43x 3.26x CN¥203.09 Million
2010 13.59% 15.28% 0.36x 2.46x CN¥175.65 Million
2011 16.09% 16.29% 0.36x 2.77x CN¥315.05 Million
2012 18.11% 16.99% 0.41x 2.61x CN¥459.51 Million
2013 15.06% 14.56% 0.43x 2.40x CN¥307.55 Million
2014 8.57% 10.77% 0.34x 2.36x CN¥-87.74 Million
2015 5.87% 8.49% 0.29x 2.37x CN¥-252.66 Million
2016 3.95% 6.64% 0.25x 2.42x CN¥-366.78 Million
2017 3.97% 6.09% 0.25x 2.62x CN¥-366.84 Million
2018 5.65% 6.95% 0.28x 2.92x CN¥-269.41 Million
2019 9.01% 8.26% 0.35x 3.09x CN¥-65.97 Million
2020 9.83% 8.49% 0.35x 3.29x CN¥-11.84 Million
2021 11.42% 8.27% 0.38x 3.63x CN¥106.84 Million
2022 11.87% 8.99% 0.39x 3.37x CN¥152.81 Million
2023 11.67% 10.06% 0.40x 2.91x CN¥145.71 Million
2024 11.74% 10.14% 0.41x 2.85x CN¥154.72 Million

Industry Comparison

This section compares XiAn Shaangu Power 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: $2,756,582,101
  • Average return on equity (ROE) among peers: 3.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
XiAn Shaangu Power Co Ltd (601369) CN¥9.55 Billion 15.80% 1.59x $1.00 Billion
Huayi Compressor Co Ltd (000404) $4.62 Billion 6.27% 1.54x $442.00 Million
Shenyang Machine Tool Co Ltd (000410) $1.64 Billion 1.42% 7.02x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.01 Billion 5.39% 0.56x $1.99 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $253.05 Million 8.02% 1.40x $521.27 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $2.55 Billion 0.37% 0.97x $25.43 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $534.59 Million
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.02 Billion
J.S. Corrugating Machinery Co Ltd (000821) $4.26 Billion 10.07% 2.30x $779.89 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.87 Billion 7.25% 1.03x $897.36 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $316.43 Million 11.36% 5.88x $460.99 Million