WuXi Xinje Electric Co Ltd

SHG:603416 China Electronic Components
Market Cap
$1.11 Billion
CN¥8.17 Billion CNY
Market Cap Rank
#10274 Global
#2245 in China
Share Price
CN¥52.00
Change (1 day)
-0.17%
52-Week Range
CN¥46.53 - CN¥67.76
All Time High
CN¥106.45
About

WuXi Xinje Electric Co.,Ltd. engages in the research, development, production, and application of automation products in China and internationally. The company offers industrial control products, including programmable controllers, IO system, human-machine interface, and integrated controllers; motion control products, such as servo driver and motor, frequency inverter, and stepping system; indus… Read more

WuXi Xinje Electric Co Ltd (603416) - Net Assets

Latest net assets as of September 2025: CN¥2.64 Billion CNY

Based on the latest financial reports, WuXi Xinje Electric Co Ltd (603416) has net assets worth CN¥2.64 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¥3.63 Billion) and total liabilities (CN¥988.94 Million). 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¥2.64 Billion
% of Total Assets 72.73%
Annual Growth Rate 28.35%
5-Year Change 52.03%
10-Year Change 599.11%
Growth Volatility 37.0

WuXi Xinje Electric Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how WuXi Xinje Electric 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 WuXi Xinje Electric Co Ltd (2011–2024)

The table below shows the annual net assets of WuXi Xinje Electric Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.30 Billion +7.57%
2023-12-31 CN¥2.14 Billion +8.85%
2022-12-31 CN¥1.96 Billion +10.49%
2021-12-31 CN¥1.78 Billion +17.51%
2020-12-31 CN¥1.51 Billion +25.71%
2019-12-31 CN¥1.20 Billion +13.47%
2018-12-31 CN¥1.06 Billion +13.85%
2017-12-31 CN¥931.26 Million +12.82%
2016-12-31 CN¥825.44 Million +151.00%
2015-12-31 CN¥328.86 Million +24.28%
2014-12-31 CN¥264.62 Million +33.99%
2013-12-31 CN¥197.50 Million +40.59%
2012-12-31 CN¥140.47 Million +56.76%
2011-12-31 CN¥89.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to WuXi Xinje Electric 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 2675.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.75 Billion 76.31%
Common Stock CN¥140.56 Million 6.12%
Other Comprehensive Income CN¥70.13 Million 3.05%
Other Components CN¥333.48 Million 14.52%
Total Equity CN¥2.30 Billion 100.00%

WuXi Xinje Electric Co Ltd Competitors by Market Cap

The table below lists competitors of WuXi Xinje Electric Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in WuXi Xinje Electric Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,135,179,855 to 2,296,978,071, a change of 161,798,216 (7.6%).
  • Net income of 228,551,887 contributed positively to equity growth.
  • Dividend payments of 32,021,377 reduced retained earnings.
  • Share repurchases of 36,408,471 reduced equity.
  • Other comprehensive income increased equity by 70,267,079.
  • Other factors decreased equity by 68,590,902.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥228.55 Million +9.95%
Dividends Paid CN¥32.02 Million -1.39%
Share Repurchases CN¥36.41 Million -1.59%
Other Comprehensive Income CN¥70.27 Million +3.06%
Other Changes CN¥-68.59 Million -2.99%
Total Change CN¥- 7.58%

Book Value vs Market Value Analysis

This analysis compares WuXi Xinje Electric 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: 3.15x
  • 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 56.87x to 3.15x 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¥0.91 CN¥52.00 x
2012-12-31 CN¥1.43 CN¥52.00 x
2013-12-31 CN¥1.87 CN¥52.00 x
2014-12-31 CN¥2.50 CN¥52.00 x
2015-12-31 CN¥3.12 CN¥52.00 x
2016-12-31 CN¥7.83 CN¥52.00 x
2017-12-31 CN¥6.62 CN¥52.00 x
2018-12-31 CN¥7.56 CN¥52.00 x
2019-12-31 CN¥8.55 CN¥52.00 x
2020-12-31 CN¥10.76 CN¥52.00 x
2021-12-31 CN¥12.63 CN¥52.00 x
2022-12-31 CN¥13.95 CN¥52.00 x
2023-12-31 CN¥15.23 CN¥52.00 x
2024-12-31 CN¥16.48 CN¥52.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently WuXi Xinje Electric 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): 9.95%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.38%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.40x
  • Recent ROE (9.95%) is below the historical average (20.53%), 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 46.89% 23.42% 1.33x 1.51x CN¥33.04 Million
2012 32.88% 23.34% 1.09x 1.29x CN¥32.13 Million
2013 31.63% 25.20% 0.91x 1.37x CN¥42.69 Million
2014 28.60% 25.72% 0.88x 1.26x CN¥49.20 Million
2015 24.73% 26.86% 0.75x 1.22x CN¥48.41 Million
2016 12.14% 28.34% 0.38x 1.12x CN¥17.66 Million
2017 13.30% 25.60% 0.43x 1.21x CN¥30.70 Million
2018 14.02% 25.18% 0.49x 1.14x CN¥42.65 Million
2019 13.60% 25.16% 0.44x 1.22x CN¥43.23 Million
2020 21.94% 29.24% 0.51x 1.47x CN¥180.49 Million
2021 17.10% 23.37% 0.54x 1.35x CN¥126.01 Million
2022 11.32% 16.63% 0.50x 1.37x CN¥25.84 Million
2023 9.32% 13.22% 0.52x 1.35x CN¥-14.50 Million
2024 9.95% 13.38% 0.53x 1.40x CN¥-1.15 Million

Industry Comparison

This section compares WuXi Xinje Electric Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
WuXi Xinje Electric Co Ltd (603416) CN¥2.64 Billion 46.89% 0.38x $499.99 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million