Yingkou Jinchen Mach Co Ltd (603396) - Net Assets
Based on the latest financial reports, Yingkou Jinchen Mach Co Ltd (603396) has net assets worth CN¥2.64 Billion CNY (≈ $386.54 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¥5.07 Billion ≈ $742.30 Million USD) and total liabilities (CN¥2.43 Billion ≈ $355.75 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 Yingkou Jinchen Mach Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.64 Billion |
| % of Total Assets | 52.07% |
| Annual Growth Rate | 26.89% |
| 5-Year Change | 153.66% |
| 10-Year Change | 638.51% |
| Growth Volatility | 29.17 |
Yingkou Jinchen Mach Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Yingkou Jinchen Mach Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Yingkou Jinchen Mach Co Ltd.
Annual Net Assets for Yingkou Jinchen Mach Co Ltd (2012–2024)
The table below shows the annual net assets of Yingkou Jinchen Mach Co Ltd from 2012 to 2024. Also explore Yingkou Jinchen Mach 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¥2.60 Billion ≈ $380.95 Million |
+65.08% |
| 2023-12-31 | CN¥1.58 Billion ≈ $230.77 Million |
+5.64% |
| 2022-12-31 | CN¥1.49 Billion ≈ $218.44 Million |
+3.15% |
| 2021-12-31 | CN¥1.45 Billion ≈ $211.77 Million |
+41.01% |
| 2020-12-31 | CN¥1.03 Billion ≈ $150.18 Million |
+8.02% |
| 2019-12-31 | CN¥950.12 Million ≈ $139.03 Million |
+5.32% |
| 2018-12-31 | CN¥902.11 Million ≈ $132.01 Million |
+8.40% |
| 2017-12-31 | CN¥832.21 Million ≈ $121.78 Million |
+96.53% |
| 2016-12-31 | CN¥423.45 Million ≈ $61.96 Million |
+20.12% |
| 2015-12-31 | CN¥352.51 Million ≈ $51.58 Million |
+25.00% |
| 2014-12-31 | CN¥282.00 Million ≈ $41.27 Million |
+14.64% |
| 2013-12-31 | CN¥245.99 Million ≈ $36.00 Million |
+64.68% |
| 2012-12-31 | CN¥149.37 Million ≈ $21.86 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Yingkou Jinchen Mach 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 6429.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥583.23 Million | 22.82% |
| Common Stock | CN¥138.53 Million | 5.42% |
| Other Comprehensive Income | CN¥125.64 Million | 4.92% |
| Other Components | CN¥1.71 Billion | 66.84% |
| Total Equity | CN¥2.56 Billion | 100.00% |
Yingkou Jinchen Mach Co Ltd Competitors by Market Cap
The table below lists competitors of Yingkou Jinchen Mach Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pearl Global Industries Limited
NSE:PGIL
|
$572.51 Million |
|
Shandong Sunway Petrochemical Engineering Co Ltd
SHE:002469
|
$572.54 Million |
|
Shanghai Kinlita Chemical Co
SHE:300225
|
$572.56 Million |
|
Guilin Tourism Corp Ltd
SHE:000978
|
$572.68 Million |
|
China Railway Harbin Group of Technology Corp. A
SHG:688459
|
$572.45 Million |
|
Vadilal Industries Limited
NSE:VADILALIND
|
$572.28 Million |
|
Grenke AG
XETRA:GLJ
|
$572.27 Million |
|
Telefonica Chile S.A.
SN:CTC
|
$572.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yingkou Jinchen Mach Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,529,143,556 to 2,555,551,341, a change of 1,026,407,785 (67.1%).
- Net income of 63,703,019 contributed positively to equity growth.
- Dividend payments of 47,721,093 reduced retained earnings.
- Share repurchases of 3,842,777 reduced equity.
- Other comprehensive income increased equity by 125,643,389.
- Other factors increased equity by 888,625,247.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥63.70 Million | +2.49% |
| Dividends Paid | CN¥47.72 Million | -1.87% |
| Share Repurchases | CN¥3.84 Million | -0.15% |
| Other Comprehensive Income | CN¥125.64 Million | +4.92% |
| Other Changes | CN¥888.63 Million | +34.77% |
| Total Change | CN¥- | 67.12% |
Book Value vs Market Value Analysis
This analysis compares Yingkou Jinchen Mach 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: 1.50x
- 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 13.42x to 1.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.10 | CN¥28.24 | x |
| 2013-12-31 | CN¥3.42 | CN¥28.24 | x |
| 2014-12-31 | CN¥3.55 | CN¥28.24 | x |
| 2015-12-31 | CN¥4.43 | CN¥28.24 | x |
| 2016-12-31 | CN¥5.26 | CN¥28.24 | x |
| 2017-12-31 | CN¥9.84 | CN¥28.24 | x |
| 2018-12-31 | CN¥8.39 | CN¥28.24 | x |
| 2019-12-31 | CN¥8.76 | CN¥28.24 | x |
| 2020-12-31 | CN¥9.39 | CN¥28.24 | x |
| 2021-12-31 | CN¥12.06 | CN¥28.24 | x |
| 2022-12-31 | CN¥12.54 | CN¥28.24 | x |
| 2023-12-31 | CN¥13.09 | CN¥28.24 | x |
| 2024-12-31 | CN¥18.85 | CN¥28.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yingkou Jinchen Mach 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): 2.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.52%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.20x
- Recent ROE (2.49%) is below the historical average (10.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 24.44% | 25.21% | 0.53x | 1.83x | CN¥21.58 Million |
| 2013 | 14.40% | 19.86% | 0.49x | 1.49x | CN¥10.83 Million |
| 2014 | 12.18% | 17.29% | 0.42x | 1.67x | CN¥6.16 Million |
| 2015 | 18.38% | 22.10% | 0.39x | 2.16x | CN¥29.47 Million |
| 2016 | 15.62% | 15.26% | 0.47x | 2.18x | CN¥23.52 Million |
| 2017 | 9.22% | 13.34% | 0.40x | 1.75x | CN¥-6.42 Million |
| 2018 | 9.53% | 11.21% | 0.44x | 1.92x | CN¥-4.15 Million |
| 2019 | 6.49% | 6.98% | 0.50x | 1.88x | CN¥-32.51 Million |
| 2020 | 8.31% | 7.78% | 0.49x | 2.17x | CN¥-16.75 Million |
| 2021 | 4.35% | 3.78% | 0.54x | 2.11x | CN¥-79.14 Million |
| 2022 | 4.46% | 3.32% | 0.51x | 2.64x | CN¥-80.64 Million |
| 2023 | 5.88% | 3.99% | 0.40x | 3.66x | CN¥-63.00 Million |
| 2024 | 2.49% | 2.52% | 0.45x | 2.20x | CN¥-191.85 Million |
Industry Comparison
This section compares Yingkou Jinchen Mach 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: $916,926,324
- Average return on equity (ROE) among peers: 3.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yingkou Jinchen Mach Co Ltd (603396) | CN¥2.64 Billion | 24.44% | 0.92x | $572.45 Million |
| Huayi Compressor Co Ltd (000404) | $1.12 Billion | 9.22% | 3.23x | $700.70 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.55 Billion | 9.14% | 5.77x | $2.16 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $137.29 Million | 0.92% | 0.66x | $3.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.06 Billion | 6.63% | 0.45x | $457.86 Million |
| Changchai Co Ltd (000570) | $376.02 Million | 53.26% | 1.68x | $427.72 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.12 Billion | -70.12% | 3.14x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $434.81 Million | 0.07% | 1.59x | $878.09 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.00 Billion | 11.10% | 0.64x | $938.65 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $738.00 Million | 11.68% | 0.18x | $683.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $637.23 Million | 7.17% | 0.71x | $1.45 Billion |
About Yingkou Jinchen Mach Co Ltd
Yingkou Jinchen Machinery Co., Ltd. focuses on vacuum coating technology, automation technology, and equipment intelligent solutions in China and internationally. The company offers solar cell equipment and solutions, including PERTOP high-efficiency and heterojunction solar cell tube PECVD solutions; solar cell injection, and PL and PE machines; silicon wafer crack detection systems; AOI testing… Read more