Yindu Kitchen Equipment Co Ltd
Yindu Kitchen Equipment Co., Ltd, together with its subsidiaries, engages in the research, development, production, sale, and service of commercial catering equipment in China and Internationally. The company offers commercial refrigeration equipment, which include commercial refrigerators, display cabinets, cake cabinets, ice makers, and other related products; western kitchen equipment, such as… Read more
Yindu Kitchen Equipment Co Ltd (603277) - Net Assets
Latest net assets as of September 2025: CN¥2.85 Billion CNY
Based on the latest financial reports, Yindu Kitchen Equipment Co Ltd (603277) has net assets worth CN¥2.85 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¥4.68 Billion) and total liabilities (CN¥1.84 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¥2.85 Billion |
| % of Total Assets | 60.79% |
| Annual Growth Rate | 26.71% |
| 5-Year Change | 23.16% |
| 10-Year Change | 599.6% |
| Growth Volatility | 40.39 |
Yindu Kitchen Equipment Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Yindu Kitchen Equipment 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 Yindu Kitchen Equipment Co Ltd (2013–2024)
The table below shows the annual net assets of Yindu Kitchen Equipment Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.79 Billion | -1.29% |
| 2023-12-31 | CN¥2.83 Billion | +11.61% |
| 2022-12-31 | CN¥2.53 Billion | +10.77% |
| 2021-12-31 | CN¥2.29 Billion | +0.93% |
| 2020-12-31 | CN¥2.26 Billion | +11.31% |
| 2019-12-31 | CN¥2.03 Billion | +15.76% |
| 2018-12-31 | CN¥1.76 Billion | +12.56% |
| 2017-12-31 | CN¥1.56 Billion | +142.69% |
| 2016-12-31 | CN¥643.27 Million | +61.38% |
| 2015-12-31 | CN¥398.60 Million | +21.71% |
| 2014-12-31 | CN¥327.50 Million | +58.81% |
| 2013-12-31 | CN¥206.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yindu Kitchen 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 1001.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.09 Billion | 39.17% |
| Common Stock | CN¥424.66 Million | 15.23% |
| Other Components | CN¥1.27 Billion | 45.60% |
| Total Equity | CN¥2.79 Billion | 100.00% |
Yindu Kitchen Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Yindu Kitchen Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citizens Financial Services Inc. Common Stock
NASDAQ:CZFS
|
$266.77 Million |
|
Gorilla Technology Group Inc.
NASDAQ:GRRR
|
$266.81 Million |
|
Samhyun
KQ:437730
|
$266.84 Million |
|
Allied Blenders & Distillers Ltd
NSE:ABDL
|
$266.98 Million |
|
Cytodyn Inc
OTCQB:CYDY
|
$266.75 Million |
|
AnHui Annada Titanium Industry Co Ltd
SHE:002136
|
$266.69 Million |
|
Dezhou United Petroleum Technology Co.Ltd.
SHE:301158
|
$266.67 Million |
|
Beijing Bohui Innovation Technology Co Ltd
SHE:300318
|
$266.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yindu Kitchen Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,825,062,678 to 2,788,585,602, a change of -36,477,076 (-1.3%).
- Net income of 541,007,489 contributed positively to equity growth.
- Dividend payments of 642,193,532 reduced retained earnings.
- Share repurchases of 1,922,250 reduced equity.
- Other factors increased equity by 66,631,217.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥541.01 Million | +19.4% |
| Dividends Paid | CN¥642.19 Million | -23.03% |
| Share Repurchases | CN¥1.92 Million | -0.07% |
| Other Changes | CN¥66.63 Million | +2.39% |
| Total Change | CN¥- | -1.29% |
Book Value vs Market Value Analysis
This analysis compares Yindu Kitchen 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: 2.29x
- 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 24.52x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.62 | CN¥15.21 | x |
| 2014-12-31 | CN¥0.97 | CN¥15.21 | x |
| 2015-12-31 | CN¥1.19 | CN¥15.21 | x |
| 2016-12-31 | CN¥1.91 | CN¥15.21 | x |
| 2017-12-31 | CN¥4.42 | CN¥15.21 | x |
| 2018-12-31 | CN¥4.39 | CN¥15.21 | x |
| 2019-12-31 | CN¥5.08 | CN¥15.21 | x |
| 2020-12-31 | CN¥5.54 | CN¥15.21 | x |
| 2021-12-31 | CN¥5.60 | CN¥15.21 | x |
| 2022-12-31 | CN¥6.14 | CN¥15.21 | x |
| 2023-12-31 | CN¥6.75 | CN¥15.21 | x |
| 2024-12-31 | CN¥6.65 | CN¥15.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yindu Kitchen 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): 19.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.66%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.52x
- Recent ROE (19.40%) is below the historical average (23.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 41.41% | 14.52% | 1.56x | 1.82x | CN¥64.78 Million |
| 2014 | 36.93% | 16.78% | 1.35x | 1.64x | CN¥88.18 Million |
| 2015 | 42.14% | 17.86% | 1.44x | 1.64x | CN¥128.11 Million |
| 2016 | 37.62% | 21.07% | 1.22x | 1.46x | CN¥177.65 Million |
| 2017 | 12.66% | 14.53% | 0.72x | 1.20x | CN¥41.47 Million |
| 2018 | 14.13% | 16.72% | 0.65x | 1.31x | CN¥72.62 Million |
| 2019 | 14.62% | 17.23% | 0.66x | 1.29x | CN¥93.93 Million |
| 2020 | 13.71% | 19.24% | 0.54x | 1.31x | CN¥84.11 Million |
| 2021 | 18.03% | 16.76% | 0.73x | 1.47x | CN¥183.53 Million |
| 2022 | 17.78% | 16.90% | 0.77x | 1.36x | CN¥196.85 Million |
| 2023 | 18.08% | 19.26% | 0.69x | 1.36x | CN¥228.40 Million |
| 2024 | 19.40% | 19.66% | 0.65x | 1.52x | CN¥262.15 Million |
Industry Comparison
This section compares Yindu Kitchen 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yindu Kitchen Equipment Co Ltd (603277) | CN¥2.85 Billion | 41.41% | 0.64x | $266.77 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |