Anhui Great Wall Military Industry Co Ltd (601606) - Net Assets
Based on the latest financial reports, Anhui Great Wall Military Industry Co Ltd (601606) has net assets worth CN¥2.19 Billion CNY (≈ $320.79 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.31 Billion ≈ $631.00 Million USD) and total liabilities (CN¥2.12 Billion ≈ $310.22 Million 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 how tangible is Anhui Great Wall Military Industry Co Lt's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.19 Billion |
| % of Total Assets | 50.84% |
| Annual Growth Rate | 5.82% |
| 5-Year Change | -12.75% |
| 10-Year Change | 48.75% |
| Growth Volatility | 10.19 |
Anhui Great Wall Military Industry Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Anhui Great Wall Military Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See 601606 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Anhui Great Wall Military Industry Co Ltd (2011–2025)
The table below shows the annual net assets of Anhui Great Wall Military Industry Co Ltd from 2011 to 2025. For live valuation and market cap data, see market cap of Anhui Great Wall Military Industry Co Lt.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.25 Billion ≈ $328.82 Million |
+0.36% |
| 2024-12-31 | CN¥2.24 Billion ≈ $327.63 Million |
-14.77% |
| 2023-12-31 | CN¥2.63 Billion ≈ $384.41 Million |
+0.01% |
| 2022-12-31 | CN¥2.63 Billion ≈ $384.39 Million |
+1.99% |
| 2021-12-31 | CN¥2.58 Billion ≈ $376.87 Million |
+6.39% |
| 2020-12-31 | CN¥2.42 Billion ≈ $354.23 Million |
+3.98% |
| 2019-12-31 | CN¥2.33 Billion ≈ $340.69 Million |
+4.81% |
| 2018-12-31 | CN¥2.22 Billion ≈ $325.07 Million |
+32.60% |
| 2017-12-31 | CN¥1.68 Billion ≈ $245.15 Million |
+10.89% |
| 2016-12-31 | CN¥1.51 Billion ≈ $221.06 Million |
+6.23% |
| 2015-12-31 | CN¥1.42 Billion ≈ $208.10 Million |
+10.37% |
| 2014-12-31 | CN¥1.29 Billion ≈ $188.55 Million |
+8.07% |
| 2013-12-31 | CN¥1.19 Billion ≈ $174.48 Million |
+17.71% |
| 2012-12-31 | CN¥1.01 Billion ≈ $148.22 Million |
-0.53% |
| 2011-12-31 | CN¥1.02 Billion ≈ $149.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Anhui Great Wall Military Industry 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 295.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥703.75 Million | 31.46% |
| Other Components | CN¥1.53 Billion | 68.54% |
| Total Equity | CN¥2.24 Billion | 100.00% |
Anhui Great Wall Military Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Great Wall Military Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bill Com Holdings Inc
NYSE:BILL
|
$3.23 Billion |
|
JUMBO SA UNSP.ADR/1 O.N.
F:5JB1
|
$3.23 Billion |
|
Yantai North Andre Juice Co Ltd
SHG:605198
|
$3.23 Billion |
|
EQB Inc.
TO:EQB
|
$3.23 Billion |
|
PotlatchDeltic Corp
NASDAQ:PCH
|
$3.23 Billion |
|
AUO CORP. SP.ADR NEW/10
F:AU7
|
$3.23 Billion |
|
Stella-Jones Inc.
TO:SJ
|
$3.23 Billion |
|
Mechanics Bank
NASDAQ:MCHB
|
$3.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Great Wall Military Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,228,902,110 to 2,236,721,550, a change of 7,819,440 (0.4%).
- Net income of 8,346,212 contributed positively to equity growth.
- Dividend payments of 11,722,039 reduced retained earnings.
- Other comprehensive income decreased equity by 474,764,247.
- Other factors increased equity by 485,959,513.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.35 Million | +0.37% |
| Dividends Paid | CN¥11.72 Million | -0.52% |
| Other Comprehensive Income | CN¥-474.76 Million | -21.23% |
| Other Changes | CN¥485.96 Million | +21.73% |
| Total Change | CN¥- | 0.35% |
Book Value vs Market Value Analysis
This analysis compares Anhui Great Wall Military Industry 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: 9.88x
- 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 19.68x to 9.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.55 | CN¥30.50 | x |
| 2012-12-31 | CN¥1.73 | CN¥30.50 | x |
| 2013-12-31 | CN¥2.03 | CN¥30.50 | x |
| 2014-12-31 | CN¥2.15 | CN¥30.50 | x |
| 2015-12-31 | CN¥2.44 | CN¥30.50 | x |
| 2016-12-31 | CN¥2.73 | CN¥30.50 | x |
| 2017-12-31 | CN¥2.88 | CN¥30.50 | x |
| 2018-12-31 | CN¥3.38 | CN¥30.50 | x |
| 2019-12-31 | CN¥3.22 | CN¥30.50 | x |
| 2020-12-31 | CN¥3.28 | CN¥30.50 | x |
| 2021-12-31 | CN¥3.56 | CN¥30.50 | x |
| 2022-12-31 | CN¥3.59 | CN¥30.50 | x |
| 2023-12-31 | CN¥3.91 | CN¥30.50 | x |
| 2024-12-31 | CN¥3.07 | CN¥30.50 | x |
| 2025-12-31 | CN¥3.09 | CN¥30.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Great Wall Military Industry 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): 0.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.53%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.03x
- Recent ROE (0.37%) is below the historical average (4.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.03% | 8.24% | 0.44x | 2.51x | CN¥-8.55 Million |
| 2012 | 9.82% | 8.95% | 0.49x | 2.23x | CN¥-1.85 Million |
| 2013 | 10.84% | 10.38% | 0.49x | 2.13x | CN¥9.90 Million |
| 2014 | 6.99% | 6.94% | 0.46x | 2.18x | CN¥-38.45 Million |
| 2015 | 8.21% | 7.52% | 0.54x | 2.02x | CN¥-25.18 Million |
| 2016 | 2.93% | 3.37% | 0.43x | 2.02x | CN¥-105.81 Million |
| 2017 | 6.94% | 7.74% | 0.48x | 1.87x | CN¥-50.78 Million |
| 2018 | 4.44% | 6.85% | 0.40x | 1.62x | CN¥-122.83 Million |
| 2019 | 4.35% | 6.70% | 0.41x | 1.58x | CN¥-130.65 Million |
| 2020 | 4.88% | 7.40% | 0.42x | 1.58x | CN¥-123.13 Million |
| 2021 | 5.33% | 8.05% | 0.40x | 1.65x | CN¥-119.46 Million |
| 2022 | 3.06% | 4.67% | 0.41x | 1.60x | CN¥-181.11 Million |
| 2023 | 1.02% | 1.66% | 0.36x | 1.72x | CN¥-234.54 Million |
| 2024 | -16.30% | -25.40% | 0.32x | 1.98x | CN¥-586.17 Million |
| 2025 | 0.37% | 0.53% | 0.34x | 2.03x | CN¥-215.33 Million |
Industry Comparison
This section compares Anhui Great Wall Military Industry Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $3,639,675,118
- Average return on equity (ROE) among peers: 5.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Great Wall Military Industry Co Ltd (601606) | CN¥2.19 Billion | 9.03% | 0.97x | $3.23 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $738.32 Million | 10.95% | 0.40x | $2.35 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $2.36 Billion | -2.28% | 0.56x | $3.62 Billion |
| AVIC Aircraft Co Ltd (000768) | $15.31 Billion | 5.08% | 2.82x | $8.38 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $4.21 Billion | 0.31% | 0.67x | $1.37 Billion |
| Aerospace CH UAV Co Ltd (002389) | $2.17 Billion | 2.24% | 0.31x | $2.68 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $7.70 Billion | 1.49% | 0.04x | $10.77 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.54 Billion | 2.56% | 0.54x | $501.94 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $1.01 Billion | 10.98% | 0.20x | $430.82 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $757.88 Million | 13.66% | 0.21x | $1.48 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $604.49 Million | 12.90% | 1.10x | $1.37 Billion |
About Anhui Great Wall Military Industry Co Ltd
Anhui Great Wall Military Industry Co., Ltd. engages in the research and development, production, and sale of military and civilian products in China and internationally. It offers military products, such as mortar ammunition; individual rocket; fuze and submunition; and explosives and propellant charge series. The company also provides mechanical manufacturing products, including prestressed anc… Read more