Ningbo Haitian Precision Machinery Co Ltd (601882) - Net Assets
Based on the latest financial reports, Ningbo Haitian Precision Machinery Co Ltd (601882) has net assets worth CN¥3.06 Billion CNY (≈ $448.14 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¥5.40 Billion ≈ $790.37 Million USD) and total liabilities (CN¥2.34 Billion ≈ $342.24 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 tangible equity quality of Ningbo Haitian Precision Machinery Co Lt to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.06 Billion |
| % of Total Assets | 56.7% |
| Annual Growth Rate | 10.81% |
| 5-Year Change | 82.22% |
| 10-Year Change | 176.91% |
| Growth Volatility | 5.81 |
Ningbo Haitian Precision Machinery Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Ningbo Haitian Precision Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Ningbo Haitian Precision Machinery Co Lt to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ningbo Haitian Precision Machinery Co Ltd (2011–2025)
The table below shows the annual net assets of Ningbo Haitian Precision Machinery Co Ltd from 2011 to 2025. For live valuation and market cap data, see Ningbo Haitian Precision Machinery Co Lt (601882) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.00 Billion ≈ $438.77 Million |
+10.86% |
| 2024-12-31 | CN¥2.70 Billion ≈ $395.78 Million |
+16.97% |
| 2023-12-31 | CN¥2.31 Billion ≈ $338.37 Million |
+16.46% |
| 2022-12-31 | CN¥1.99 Billion ≈ $290.53 Million |
+20.66% |
| 2021-12-31 | CN¥1.65 Billion ≈ $240.79 Million |
+17.62% |
| 2020-12-31 | CN¥1.40 Billion ≈ $204.71 Million |
+8.91% |
| 2019-12-31 | CN¥1.28 Billion ≈ $187.97 Million |
+3.72% |
| 2018-12-31 | CN¥1.24 Billion ≈ $181.23 Million |
+6.12% |
| 2017-12-31 | CN¥1.17 Billion ≈ $170.78 Million |
+7.78% |
| 2016-12-31 | CN¥1.08 Billion ≈ $158.45 Million |
+11.11% |
| 2015-12-31 | CN¥974.57 Million ≈ $142.61 Million |
+3.30% |
| 2014-12-31 | CN¥943.40 Million ≈ $138.05 Million |
+6.94% |
| 2013-12-31 | CN¥882.20 Million ≈ $129.09 Million |
+4.36% |
| 2012-12-31 | CN¥845.32 Million ≈ $123.70 Million |
+18.63% |
| 2011-12-31 | CN¥712.58 Million ≈ $104.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo Haitian Precision Machinery 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 1128.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.85 Billion | 62.61% |
| Common Stock | CN¥522.00 Million | 17.71% |
| Other Comprehensive Income | CN¥289.94 Million | 9.84% |
| Other Components | CN¥290.41 Million | 9.85% |
| Total Equity | CN¥2.95 Billion | 100.00% |
Ningbo Haitian Precision Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Haitian Precision Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
SHG:688323
|
$1.62 Billion |
|
Siltronic AG
XETRA:WAF
|
$1.62 Billion |
|
Fujian Snowman Co Ltd
SHE:002639
|
$1.62 Billion |
|
Anand Rathi Wealth Limited
NSE:ANANDRATHI
|
$1.62 Billion |
|
STELLAR BANCORP DL -01
F:C9N0
|
$1.62 Billion |
|
OMH SCIENCE Group Co Ltd
SHE:300486
|
$1.62 Billion |
|
Wenzhou Hongfeng Electrical Alloy Co Ltd
SHE:300283
|
$1.62 Billion |
|
North Chemical Industries Co Ltd
SHE:002246
|
$1.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Haitian Precision Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,702,603,344 to 2,947,892,865, a change of 245,289,521 (9.1%).
- Net income of 428,988,729 contributed positively to equity growth.
- Dividend payments of 187,920,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,220,792.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥428.99 Million | +14.55% |
| Dividends Paid | CN¥187.92 Million | -6.37% |
| Other Comprehensive Income | CN¥4.22 Million | +0.14% |
| Total Change | CN¥- | 9.08% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Haitian Precision Machinery 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: 3.75x
- 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 13.86x to 3.75x 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¥1.53 | CN¥21.20 | x |
| 2012-12-31 | CN¥1.82 | CN¥21.20 | x |
| 2013-12-31 | CN¥1.88 | CN¥21.20 | x |
| 2014-12-31 | CN¥2.01 | CN¥21.20 | x |
| 2015-12-31 | CN¥2.07 | CN¥21.20 | x |
| 2016-12-31 | CN¥2.22 | CN¥21.20 | x |
| 2017-12-31 | CN¥2.26 | CN¥21.20 | x |
| 2018-12-31 | CN¥2.32 | CN¥21.20 | x |
| 2019-12-31 | CN¥2.46 | CN¥21.20 | x |
| 2020-12-31 | CN¥2.68 | CN¥21.20 | x |
| 2021-12-31 | CN¥3.15 | CN¥21.20 | x |
| 2022-12-31 | CN¥3.80 | CN¥21.20 | x |
| 2023-12-31 | CN¥4.44 | CN¥21.20 | x |
| 2024-12-31 | CN¥5.18 | CN¥21.20 | x |
| 2025-12-31 | CN¥5.65 | CN¥21.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Haitian Precision Machinery 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): 14.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.80%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.82x
- Recent ROE (14.55%) is above the historical average (12.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 5.86% | 3.86% | 0.53x | 2.85x | CN¥-29.49 Million |
| 2012 | 10.86% | 9.36% | 0.49x | 2.35x | CN¥7.28 Million |
| 2013 | 4.07% | 4.07% | 0.42x | 2.37x | CN¥-52.29 Million |
| 2014 | 8.65% | 8.05% | 0.49x | 2.20x | CN¥-12.70 Million |
| 2015 | 6.00% | 5.89% | 0.54x | 1.87x | CN¥-38.92 Million |
| 2016 | 5.85% | 6.28% | 0.53x | 1.77x | CN¥-44.80 Million |
| 2017 | 8.84% | 8.04% | 0.60x | 1.83x | CN¥-13.50 Million |
| 2018 | 8.20% | 7.98% | 0.60x | 1.72x | CN¥-22.34 Million |
| 2019 | 5.97% | 6.59% | 0.53x | 1.71x | CN¥-51.74 Million |
| 2020 | 9.88% | 8.47% | 0.55x | 2.13x | CN¥-1.68 Million |
| 2021 | 22.55% | 13.59% | 0.67x | 2.48x | CN¥206.52 Million |
| 2022 | 26.22% | 16.39% | 0.70x | 2.28x | CN¥322.11 Million |
| 2023 | 26.36% | 18.34% | 0.72x | 2.00x | CN¥378.25 Million |
| 2024 | 19.35% | 15.60% | 0.71x | 1.75x | CN¥252.73 Million |
| 2025 | 14.55% | 12.80% | 0.63x | 1.82x | CN¥134.20 Million |
Industry Comparison
This section compares Ningbo Haitian Precision Machinery 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Haitian Precision Machinery Co Ltd (601882) | CN¥3.06 Billion | 5.86% | 0.76x | $1.62 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Ningbo Haitian Precision Machinery Co Ltd
Ningbo Haitian Precision Machinery Co.,Ltd. manufactures and sells CNC machine tools in China and internationally. The company offers gantry machining, vertical, and horizontal machining centers, CNC turning and vertical lathes centers, and CNC horizontal milling and boring machines. It serves automotive, rail transportation, civil aviation, construction machinery, and other machinery and mold ma… Read more