Yindu Kitchen Equipment Co Ltd (603277) - Net Assets
Based on the latest financial reports, Yindu Kitchen Equipment Co Ltd (603277) has net assets worth CN¥2.85 Billion CNY (≈ $417.30 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¥4.13 Billion ≈ $604.52 Million USD) and total liabilities (CN¥1.28 Billion ≈ $187.22 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 tangible net worth ratio of Yindu Kitchen Equipment Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.85 Billion |
| % of Total Assets | 69.03% |
| Annual Growth Rate | 24.46% |
| 5-Year Change | 24.71% |
| 10-Year Change | 343.04% |
| Growth Volatility | 39.51 |
Yindu Kitchen Equipment Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Yindu Kitchen Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. See Yindu Kitchen Equipment Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Yindu Kitchen Equipment Co Ltd (2013–2025)
The table below shows the annual net assets of Yindu Kitchen Equipment Co Ltd from 2013 to 2025. For live valuation and market cap data, see 603277 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.85 Billion ≈ $417.03 Million |
+2.20% |
| 2024-12-31 | CN¥2.79 Billion ≈ $408.06 Million |
-1.29% |
| 2023-12-31 | CN¥2.83 Billion ≈ $413.40 Million |
+11.61% |
| 2022-12-31 | CN¥2.53 Billion ≈ $370.40 Million |
+10.77% |
| 2021-12-31 | CN¥2.29 Billion ≈ $334.39 Million |
+0.93% |
| 2020-12-31 | CN¥2.26 Billion ≈ $331.32 Million |
+11.31% |
| 2019-12-31 | CN¥2.03 Billion ≈ $297.67 Million |
+15.76% |
| 2018-12-31 | CN¥1.76 Billion ≈ $257.15 Million |
+12.56% |
| 2017-12-31 | CN¥1.56 Billion ≈ $228.45 Million |
+142.69% |
| 2016-12-31 | CN¥643.27 Million ≈ $94.13 Million |
+61.38% |
| 2015-12-31 | CN¥398.60 Million ≈ $58.33 Million |
+21.71% |
| 2014-12-31 | CN¥327.50 Million ≈ $47.92 Million |
+58.81% |
| 2013-12-31 | CN¥206.22 Million ≈ $30.18 Million |
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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 1028.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.12 Billion | 39.25% |
| Other Components | CN¥1.73 Billion | 60.75% |
| Total Equity | CN¥2.85 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 |
|---|---|
|
MHP SE GDR S/2
F:MPQ
|
$899.12 Million |
|
Zhejiang Whwh
SHG:600576
|
$899.65 Million |
|
Fujian Longxi Bearing Group Co Ltd
SHG:600592
|
$899.81 Million |
|
Ziel Home Furnishing Technology Co. Ltd. A
SHE:301376
|
$899.90 Million |
|
Shenzhen Anche Technologies Co Ltd
SHE:300572
|
$898.69 Million |
|
Formosa Taffeta Co Ltd
TW:1434
|
$898.47 Million |
|
Clean Science and Technology Limited
NSE:CLEAN
|
$898.44 Million |
|
Tortoise Energy Infrastructure Closed Fund
NYSE:TYG
|
$898.43 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 2024 to 2025, total equity changed from 2,788,585,602 to 2,849,929,212, a change of 61,343,610 (2.2%).
- Net income of 486,699,611 contributed positively to equity growth.
- Dividend payments of 432,887,874 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥486.70 Million | +17.08% |
| Dividends Paid | CN¥432.89 Million | -15.19% |
| Other Changes | CN¥7.53 Million | +0.26% |
| Total Change | CN¥- | 2.20% |
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: 2.16x
- 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 16.14x to 2.16x 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¥10.01 | x |
| 2014-12-31 | CN¥0.97 | CN¥10.01 | x |
| 2015-12-31 | CN¥1.19 | CN¥10.01 | x |
| 2016-12-31 | CN¥1.91 | CN¥10.01 | x |
| 2017-12-31 | CN¥4.42 | CN¥10.01 | x |
| 2018-12-31 | CN¥4.39 | CN¥10.01 | x |
| 2019-12-31 | CN¥5.08 | CN¥10.01 | x |
| 2020-12-31 | CN¥5.54 | CN¥10.01 | x |
| 2021-12-31 | CN¥5.60 | CN¥10.01 | x |
| 2022-12-31 | CN¥6.14 | CN¥10.01 | x |
| 2023-12-31 | CN¥6.75 | CN¥10.01 | x |
| 2024-12-31 | CN¥6.65 | CN¥10.01 | x |
| 2025-12-31 | CN¥4.64 | CN¥10.01 | 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): 17.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.83%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.49x
- Recent ROE (17.08%) is below the historical average (23.35%), 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 |
| 2025 | 17.08% | 17.83% | 0.64x | 1.49x | CN¥201.71 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: $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 |
|---|---|---|---|---|
| Yindu Kitchen Equipment Co Ltd (603277) | CN¥2.85 Billion | 41.41% | 0.45x | $898.93 Million |
| 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 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