Quick Intelligent Equipment Co Ltd (603203) - Net Assets
Based on the latest financial reports, Quick Intelligent Equipment Co Ltd (603203) has net assets worth CN¥1.47 Billion CNY (≈ $215.71 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¥2.14 Billion ≈ $313.18 Million USD) and total liabilities (CN¥666.07 Million ≈ $97.47 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 financial resilience of Quick Intelligent Equipment Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.47 Billion |
| % of Total Assets | 68.88% |
| Annual Growth Rate | 17.46% |
| 5-Year Change | 26.15% |
| 10-Year Change | 457.86% |
| Growth Volatility | 38.43 |
Quick Intelligent Equipment Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Quick Intelligent Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Quick Intelligent Equipment Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Quick Intelligent Equipment Co Ltd (2011–2024)
The table below shows the annual net assets of Quick Intelligent Equipment Co Ltd from 2011 to 2024. For live valuation and market cap data, see 603203 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.44 Billion ≈ $210.12 Million |
+2.66% |
| 2023-12-31 | CN¥1.40 Billion ≈ $204.68 Million |
-2.18% |
| 2022-12-31 | CN¥1.43 Billion ≈ $209.25 Million |
+10.46% |
| 2021-12-31 | CN¥1.29 Billion ≈ $189.43 Million |
+13.73% |
| 2020-12-31 | CN¥1.14 Billion ≈ $166.56 Million |
+14.77% |
| 2019-12-31 | CN¥991.76 Million ≈ $145.13 Million |
+13.91% |
| 2018-12-31 | CN¥870.65 Million ≈ $127.40 Million |
+20.54% |
| 2017-12-31 | CN¥722.30 Million ≈ $105.69 Million |
+14.74% |
| 2016-12-31 | CN¥629.51 Million ≈ $92.12 Million |
+144.57% |
| 2015-12-31 | CN¥257.39 Million ≈ $37.66 Million |
+9.81% |
| 2014-12-31 | CN¥234.39 Million ≈ $34.30 Million |
+23.07% |
| 2013-12-31 | CN¥190.45 Million ≈ $27.87 Million |
+43.71% |
| 2012-12-31 | CN¥132.52 Million ≈ $19.39 Million |
-25.17% |
| 2011-12-31 | CN¥177.09 Million ≈ $25.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Quick Intelligent Equipment 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 559.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥674.86 Million | 47.67% |
| Common Stock | CN¥249.15 Million | 17.60% |
| Other Comprehensive Income | CN¥-162.87K | -0.01% |
| Other Components | CN¥491.71 Million | 34.74% |
| Total Equity | CN¥1.42 Billion | 100.00% |
Quick Intelligent Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Quick Intelligent Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gujarat State Petronet Limited
NSE:GSPL
|
$1.74 Billion |
|
Gas Malaysia Bhd
KLSE:5209
|
$1.74 Billion |
|
PSK Inc
KQ:319660
|
$1.74 Billion |
|
Vishay Intertechnology Inc
NYSE:VSH
|
$1.74 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
$1.74 Billion |
|
Cupid Limited
NSE:CUPID
|
$1.74 Billion |
|
BitVentures Limited
NASDAQ:BVC
|
$1.74 Billion |
|
No Va Land Investment Group Corp
VN:NVL
|
$1.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quick Intelligent Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,373,569,816 to 1,415,561,388, a change of 41,991,572 (3.1%).
- Net income of 212,200,275 contributed positively to equity growth.
- Dividend payments of 149,736,535 reduced retained earnings.
- Share repurchases of 34,135,431 reduced equity.
- Other comprehensive income decreased equity by 300,473.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥212.20 Million | +14.99% |
| Dividends Paid | CN¥149.74 Million | -10.58% |
| Share Repurchases | CN¥34.14 Million | -2.41% |
| Other Comprehensive Income | CN¥-300.47K | -0.02% |
| Other Changes | CN¥13.96 Million | +0.99% |
| Total Change | CN¥- | 3.06% |
Book Value vs Market Value Analysis
This analysis compares Quick Intelligent Equipment 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: 8.27x
- 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 50.53x to 8.27x 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¥0.93 | CN¥46.88 | x |
| 2012-12-31 | CN¥0.73 | CN¥46.88 | x |
| 2013-12-31 | CN¥1.05 | CN¥46.88 | x |
| 2014-12-31 | CN¥1.29 | CN¥46.88 | x |
| 2015-12-31 | CN¥1.41 | CN¥46.88 | x |
| 2016-12-31 | CN¥4.39 | CN¥46.88 | x |
| 2017-12-31 | CN¥3.87 | CN¥46.88 | x |
| 2018-12-31 | CN¥3.59 | CN¥46.88 | x |
| 2019-12-31 | CN¥4.06 | CN¥46.88 | x |
| 2020-12-31 | CN¥4.65 | CN¥46.88 | x |
| 2021-12-31 | CN¥5.28 | CN¥46.88 | x |
| 2022-12-31 | CN¥5.69 | CN¥46.88 | x |
| 2023-12-31 | CN¥5.54 | CN¥46.88 | x |
| 2024-12-31 | CN¥5.67 | CN¥46.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quick Intelligent Equipment 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): 14.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.45%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.42x
- Recent ROE (14.99%) is below the historical average (22.30%), 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 | 22.38% | 24.78% | 0.68x | 1.32x | CN¥21.92 Million |
| 2012 | 41.01% | 29.55% | 0.68x | 2.04x | CN¥41.09 Million |
| 2013 | 30.42% | 32.03% | 0.76x | 1.26x | CN¥38.89 Million |
| 2014 | 31.70% | 34.24% | 0.76x | 1.22x | CN¥50.86 Million |
| 2015 | 31.71% | 35.48% | 0.75x | 1.20x | CN¥55.88 Million |
| 2016 | 16.39% | 36.06% | 0.40x | 1.13x | CN¥40.25 Million |
| 2017 | 18.23% | 36.38% | 0.41x | 1.23x | CN¥59.42 Million |
| 2018 | 18.04% | 36.33% | 0.42x | 1.19x | CN¥70.03 Million |
| 2019 | 17.52% | 37.69% | 0.40x | 1.17x | CN¥74.55 Million |
| 2020 | 15.61% | 33.12% | 0.38x | 1.23x | CN¥63.66 Million |
| 2021 | 20.78% | 34.29% | 0.47x | 1.29x | CN¥138.82 Million |
| 2022 | 19.50% | 30.33% | 0.48x | 1.34x | CN¥133.17 Million |
| 2023 | 13.91% | 24.10% | 0.45x | 1.29x | CN¥53.64 Million |
| 2024 | 14.99% | 22.45% | 0.47x | 1.42x | CN¥70.64 Million |
Industry Comparison
This section compares Quick Intelligent Equipment 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quick Intelligent Equipment Co Ltd (603203) | CN¥1.47 Billion | 22.38% | 0.45x | $1.74 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Quick Intelligent Equipment Co Ltd
Quick Intelligent Equipment Co., Ltd. engages in the research and development, manufacturing, and sale of precision assembly technology for electronics in China and internationally. The company offers machine vision process equipment, die-bonding and packaging equipment, intelligent manufacturing complete sets of equipment, and precision welding and assembly equipment; hot pressure soldering auto… Read more