Delixi Xinjiang Transp Co Ltd (603032) - Net Assets
Based on the latest financial reports, Delixi Xinjiang Transp Co Ltd (603032) has net assets worth CN¥1.19 Billion CNY (≈ $173.92 Million 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¥1.57 Billion ≈ $230.18 Million USD) and total liabilities (CN¥384.50 Million ≈ $56.26 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 Delixi Xinjiang Transp Co Ltd (603032) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.19 Billion |
| % of Total Assets | 75.56% |
| Annual Growth Rate | 20.17% |
| 5-Year Change | 68.38% |
| 10-Year Change | 433.55% |
| Growth Volatility | 28.56 |
Delixi Xinjiang Transp Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Delixi Xinjiang Transp Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Delixi Xinjiang Transp Co Ltd.
Annual Net Assets for Delixi Xinjiang Transp Co Ltd (2011–2024)
The table below shows the annual net assets of Delixi Xinjiang Transp Co Ltd from 2011 to 2024. Also explore Delixi Xinjiang Transp Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.13 Billion ≈ $165.98 Million |
-7.55% |
| 2023-12-31 | CN¥1.23 Billion ≈ $179.53 Million |
+16.52% |
| 2022-12-31 | CN¥1.05 Billion ≈ $154.07 Million |
+36.88% |
| 2021-12-31 | CN¥769.18 Million ≈ $112.56 Million |
+14.18% |
| 2020-12-31 | CN¥673.66 Million ≈ $98.58 Million |
-1.22% |
| 2019-12-31 | CN¥681.97 Million ≈ $99.79 Million |
-0.53% |
| 2018-12-31 | CN¥685.57 Million ≈ $100.32 Million |
+57.49% |
| 2017-12-31 | CN¥435.32 Million ≈ $63.70 Million |
+2.92% |
| 2016-12-31 | CN¥422.97 Million ≈ $61.89 Million |
+98.96% |
| 2015-12-31 | CN¥212.59 Million ≈ $31.11 Million |
+8.82% |
| 2014-12-31 | CN¥195.37 Million ≈ $28.59 Million |
+7.19% |
| 2013-12-31 | CN¥182.27 Million ≈ $26.67 Million |
+43.12% |
| 2012-12-31 | CN¥127.35 Million ≈ $18.64 Million |
+22.41% |
| 2011-12-31 | CN¥104.04 Million ≈ $15.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Delixi Xinjiang Transp 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 1473.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥510.65 Million | 46.57% |
| Common Stock | CN¥234.05 Million | 21.35% |
| Other Comprehensive Income | CN¥3.67 Million | 0.33% |
| Other Components | CN¥348.13 Million | 31.75% |
| Total Equity | CN¥1.10 Billion | 100.00% |
Delixi Xinjiang Transp Co Ltd Competitors by Market Cap
The table below lists competitors of Delixi Xinjiang Transp Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qingdao Weflo Valve Co Ltd
SHE:002871
|
$639.05 Million |
|
Shenzhen Properties & Resources Development Group Ltd
SHE:000011
|
$639.42 Million |
|
Mavi Giyim Sanayi Ve Ticaret AS
IS:MAVI
|
$639.55 Million |
|
Achieve Life Sciences Inc
NASDAQ:ACHV
|
$639.57 Million |
|
Ningbo Baosi Energy Equipment Co Ltd
SHE:300441
|
$638.40 Million |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
$638.27 Million |
|
Hosken Consolidated Investments Ltd
JSE:HCI
|
$638.20 Million |
|
Assystem S.A.
PA:ASY
|
$638.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delixi Xinjiang Transp Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,219,211,367 to 1,096,505,133, a change of -122,706,234 (-10.1%).
- Net loss of 150,928,237 reduced equity.
- Dividend payments of 6,645,969 reduced retained earnings.
- Share repurchases of 11,320,596 reduced equity.
- Other comprehensive income decreased equity by 125,300.
- Other factors increased equity by 46,313,868.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-150.93 Million | -13.76% |
| Dividends Paid | CN¥6.65 Million | -0.61% |
| Share Repurchases | CN¥11.32 Million | -1.03% |
| Other Comprehensive Income | CN¥-125.30K | -0.01% |
| Other Changes | CN¥46.31 Million | +4.22% |
| Total Change | CN¥- | -10.06% |
Book Value vs Market Value Analysis
This analysis compares Delixi Xinjiang Transp 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: 3.90x
- 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 21.48x to 3.90x 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¥0.87 | CN¥18.70 | x |
| 2012-12-31 | CN¥1.07 | CN¥18.70 | x |
| 2013-12-31 | CN¥1.09 | CN¥18.70 | x |
| 2014-12-31 | CN¥1.15 | CN¥18.70 | x |
| 2015-12-31 | CN¥1.25 | CN¥18.70 | x |
| 2016-12-31 | CN¥2.52 | CN¥18.70 | x |
| 2017-12-31 | CN¥2.29 | CN¥18.70 | x |
| 2018-12-31 | CN¥4.17 | CN¥18.70 | x |
| 2019-12-31 | CN¥4.23 | CN¥18.70 | x |
| 2020-12-31 | CN¥4.20 | CN¥18.70 | x |
| 2021-12-31 | CN¥3.43 | CN¥18.70 | x |
| 2022-12-31 | CN¥4.54 | CN¥18.70 | x |
| 2023-12-31 | CN¥5.33 | CN¥18.70 | x |
| 2024-12-31 | CN¥4.79 | CN¥18.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delixi Xinjiang Transp 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): -13.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41.44%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.47x
- Recent ROE (-13.76%) is below the historical average (16.02%), 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 | 31.50% | 8.40% | 1.13x | 3.30x | CN¥22.28 Million |
| 2012 | 38.13% | 10.45% | 1.47x | 2.49x | CN¥35.70 Million |
| 2013 | 30.03% | 11.75% | 1.34x | 1.91x | CN¥36.38 Million |
| 2014 | 28.50% | 13.92% | 1.23x | 1.66x | CN¥35.70 Million |
| 2015 | 20.41% | 13.12% | 1.10x | 1.41x | CN¥21.94 Million |
| 2016 | 12.04% | 19.82% | 0.52x | 1.17x | CN¥8.62 Million |
| 2017 | 6.24% | 13.73% | 0.40x | 1.13x | CN¥-16.31 Million |
| 2018 | 37.83% | 152.04% | 0.21x | 1.17x | CN¥190.55 Million |
| 2019 | 1.05% | 7.22% | 0.12x | 1.21x | CN¥-61.02 Million |
| 2020 | -1.30% | -16.98% | 0.06x | 1.19x | CN¥-76.08 Million |
| 2021 | 9.20% | 26.07% | 0.19x | 1.84x | CN¥-6.18 Million |
| 2022 | 15.56% | 27.98% | 0.31x | 1.79x | CN¥58.22 Million |
| 2023 | 8.82% | 19.13% | 0.34x | 1.37x | CN¥-14.39 Million |
| 2024 | -13.76% | -41.44% | 0.23x | 1.47x | CN¥-260.58 Million |
Industry Comparison
This section compares Delixi Xinjiang Transp Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,784,053,365
- Average return on equity (ROE) among peers: 9.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delixi Xinjiang Transp Co Ltd (603032) | CN¥1.19 Billion | 31.50% | 0.32x | $638.99 Million |
| China High-Speed Railway Technology (000008) | $38.31 Million | 11.72% | 0.83x | $950.00 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $3.85 Billion | 5.84% | 1.85x | $471.55 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $5.84 Billion | 4.15% | 0.07x | $789.60 Million |
| Vontron Technology Co Ltd (000920) | $1.34 Billion | 5.34% | 0.84x | $775.28 Million |
| China Railway Materials Co Ltd (000927) | $9.82 Billion | 7.22% | 1.87x | $2.20 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.46 Billion | 1.90% | 0.40x | $513.64 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $126.31 Million | 28.82% | 1.45x | $539.47 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.57 Billion | 5.68% | 0.85x | $529.26 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.18 Billion | 10.87% | 0.36x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $2.61 Billion | 11.57% | 0.56x | $860.60 Million |
About Delixi Xinjiang Transp Co Ltd
Delixi New Energy Technology Co., Ltd. engages in the lithium battery cutting equipment business in the People's Republic of China and internationally. The company offers lithium battery cutting molds and precision structural parts. It is also involved in the passenger transportation and bus station services; and other businesses, including leasing of houses and warehouses, vehicle maintenance an… Read more