Yantai Eddie Precision Mach

SHG:603638 China Specialty Industrial Machinery
Market Cap
$2.50 Billion
CN¥18.38 Billion CNY
Market Cap Rank
#9284 Global
#1885 in China
Share Price
CN¥22.11
Change (1 day)
-0.63%
52-Week Range
CN¥16.85 - CN¥25.46
All Time High
CN¥794.91
About

Yantai Eddie Precision Machinery Co., Ltd., together with its subsidiaries, engages in the development, production, and sale of hydraulic attachments for construction machinery and marines in China. The company offers hydraulic breakers, including conventional and special breakers; pliers accessories, which includes hydraulic shears, crushing pliers, hawkbill scissors, and car dismantling pliers;… Read more

Yantai Eddie Precision Mach (603638) - Net Assets

Latest net assets as of September 2025: CN¥3.84 Billion CNY

Based on the latest financial reports, Yantai Eddie Precision Mach (603638) has net assets worth CN¥3.84 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¥6.89 Billion) and total liabilities (CN¥3.05 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¥3.84 Billion
% of Total Assets 55.74%
Annual Growth Rate 25.77%
5-Year Change 45.38%
10-Year Change 739.59%
Growth Volatility 27.8

Yantai Eddie Precision Mach - Net Assets Trend (2011–2024)

This chart illustrates how Yantai Eddie Precision Mach's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Yantai Eddie Precision Mach (2011–2024)

The table below shows the annual net assets of Yantai Eddie Precision Mach from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.56 Billion +6.86%
2023-12-31 CN¥3.33 Billion +6.38%
2022-12-31 CN¥3.13 Billion +10.98%
2021-12-31 CN¥2.82 Billion +15.24%
2020-12-31 CN¥2.45 Billion +22.30%
2019-12-31 CN¥2.00 Billion +95.72%
2018-12-31 CN¥1.02 Billion +21.58%
2017-12-31 CN¥841.09 Million +66.61%
2016-12-31 CN¥504.83 Million +19.11%
2015-12-31 CN¥423.85 Million +5.14%
2014-12-31 CN¥403.14 Million +13.16%
2013-12-31 CN¥356.26 Million +17.47%
2012-12-31 CN¥303.29 Million +67.94%
2011-12-31 CN¥180.59 Million --

Equity Component Analysis

This analysis shows how different components contribute to Yantai Eddie Precision Mach'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 1488.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.87 Billion 54.69%
Common Stock CN¥831.09 Million 24.37%
Other Components CN¥714.30 Million 20.94%
Total Equity CN¥3.41 Billion 100.00%

Yantai Eddie Precision Mach Competitors by Market Cap

The table below lists competitors of Yantai Eddie Precision Mach ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Yantai Eddie Precision Mach's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,328,831,782 to 3,410,544,982, a change of 81,713,200 (2.5%).
  • Net income of 344,134,754 contributed positively to equity growth.
  • Dividend payments of 194,003,299 reduced retained earnings.
  • Share repurchases of 101,194,009 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥344.13 Million +10.09%
Dividends Paid CN¥194.00 Million -5.69%
Share Repurchases CN¥101.19 Million -2.97%
Other Changes CN¥32.78 Million +0.96%
Total Change CN¥- 2.45%

Book Value vs Market Value Analysis

This analysis compares Yantai Eddie Precision Mach'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: 5.44x
  • 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 67.38x to 5.44x 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¥0.33 CN¥22.11 x
2012-12-31 CN¥0.55 CN¥22.11 x
2013-12-31 CN¥0.61 CN¥22.11 x
2014-12-31 CN¥0.69 CN¥22.11 x
2015-12-31 CN¥0.72 CN¥22.11 x
2016-12-31 CN¥0.86 CN¥22.11 x
2017-12-31 CN¥1.10 CN¥22.11 x
2018-12-31 CN¥1.31 CN¥22.11 x
2019-12-31 CN¥2.47 CN¥22.11 x
2020-12-31 CN¥2.92 CN¥22.11 x
2021-12-31 CN¥3.36 CN¥22.11 x
2022-12-31 CN¥3.73 CN¥22.11 x
2023-12-31 CN¥3.94 CN¥22.11 x
2024-12-31 CN¥4.06 CN¥22.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yantai Eddie Precision Mach 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): 10.09%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.63%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 2.01x
  • Recent ROE (10.09%) is below the historical average (15.27%), 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 26.45% 20.76% 0.62x 2.06x CN¥29.70 Million
2012 13.74% 16.80% 0.54x 1.52x CN¥11.35 Million
2013 14.49% 17.76% 0.57x 1.44x CN¥16.01 Million
2014 11.20% 14.64% 0.61x 1.26x CN¥4.85 Million
2015 12.24% 16.38% 0.59x 1.26x CN¥9.48 Million
2016 15.73% 19.85% 0.60x 1.31x CN¥28.91 Million
2017 16.61% 21.78% 0.65x 1.16x CN¥55.58 Million
2018 22.02% 22.06% 0.60x 1.65x CN¥122.92 Million
2019 17.10% 23.72% 0.54x 1.33x CN¥142.05 Million
2020 21.08% 22.88% 0.61x 1.52x CN¥271.30 Million
2021 16.65% 17.50% 0.60x 1.59x CN¥187.67 Million
2022 7.96% 12.31% 0.37x 1.77x CN¥-63.75 Million
2023 8.37% 12.47% 0.38x 1.77x CN¥-54.23 Million
2024 10.09% 12.63% 0.40x 2.01x CN¥3.08 Million

Industry Comparison

This section compares Yantai Eddie Precision Mach'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
Yantai Eddie Precision Mach (603638) CN¥3.84 Billion 26.45% 0.79x $616.16 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