Yijiahe Technology Co Ltd (603666) - Net Assets
Based on the latest financial reports, Yijiahe Technology Co Ltd (603666) has net assets worth CN¥2.12 Billion CNY (≈ $310.47 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¥3.18 Billion ≈ $465.26 Million USD) and total liabilities (CN¥1.06 Billion ≈ $154.79 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 Yijiahe Technology Co Ltd (603666) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.12 Billion |
| % of Total Assets | 66.73% |
| Annual Growth Rate | 60.1% |
| 5-Year Change | 40.98% |
| 10-Year Change | 2129.39% |
| Growth Volatility | 121.85 |
Yijiahe Technology Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Yijiahe Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Yijiahe Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Yijiahe Technology Co Ltd (2014–2024)
The table below shows the annual net assets of Yijiahe Technology Co Ltd from 2014 to 2024. For live valuation and market cap data, see Yijiahe Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion ≈ $317.16 Million |
-8.97% |
| 2023-12-31 | CN¥2.38 Billion ≈ $348.40 Million |
-1.05% |
| 2022-12-31 | CN¥2.41 Billion ≈ $352.10 Million |
-9.24% |
| 2021-12-31 | CN¥2.65 Billion ≈ $387.96 Million |
+72.45% |
| 2020-12-31 | CN¥1.54 Billion ≈ $224.97 Million |
+27.83% |
| 2019-12-31 | CN¥1.20 Billion ≈ $175.99 Million |
+22.13% |
| 2018-12-31 | CN¥984.74 Million ≈ $144.10 Million |
+217.79% |
| 2017-12-31 | CN¥309.87 Million ≈ $45.34 Million |
+54.26% |
| 2016-12-31 | CN¥200.88 Million ≈ $29.39 Million |
+106.62% |
| 2015-12-31 | CN¥97.22 Million ≈ $14.23 Million |
+396.48% |
| 2014-12-31 | CN¥19.58 Million ≈ $2.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yijiahe Technology 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 79692306420.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥796.50 Million | 36.89% |
| Common Stock | CN¥206.49 Million | 9.56% |
| Other Components | CN¥1.16 Billion | 53.55% |
| Total Equity | CN¥2.16 Billion | 100.00% |
Yijiahe Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Yijiahe Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artis Real Estate Investment Trust
TO:AX-UN
|
$851.22 Million |
|
Omeros Corporation
NASDAQ:OMER
|
$851.51 Million |
|
CareRay Digital Medical Technology Co Ltd
SHG:688607
|
$851.53 Million |
|
Integra LifeSciences Holdings
NASDAQ:IART
|
$851.56 Million |
|
Treasure ASA
OL:TRE
|
$850.94 Million |
|
Itcen Co. Ltd
KQ:124500
|
$850.74 Million |
|
Xuchang Yuandong Drive Shaft Co Ltd
SHE:002406
|
$850.56 Million |
|
Guangdong Mingzhu Group Co Ltd
SHG:600382
|
$850.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yijiahe Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,375,871,055 to 2,159,373,564, a change of -216,497,491 (-9.1%).
- Net loss of 218,127,646 reduced equity.
- Dividend payments of 13,763,457 reduced retained earnings.
- Other comprehensive income decreased equity by 109,407,487.
- Other factors increased equity by 124,801,099.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-218.13 Million | -10.1% |
| Dividends Paid | CN¥13.76 Million | -0.64% |
| Other Comprehensive Income | CN¥-109.41 Million | -5.07% |
| Other Changes | CN¥124.80 Million | +5.78% |
| Total Change | CN¥- | -9.11% |
Book Value vs Market Value Analysis
This analysis compares Yijiahe Technology 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: 2.66x
- 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 79.32x to 2.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥0.36 | CN¥28.30 | x |
| 2015-12-31 | CN¥1.01 | CN¥28.30 | x |
| 2016-12-31 | CN¥1.43 | CN¥28.30 | x |
| 2017-12-31 | CN¥2.15 | CN¥28.30 | x |
| 2018-12-31 | CN¥5.62 | CN¥28.30 | x |
| 2019-12-31 | CN¥6.25 | CN¥28.30 | x |
| 2020-12-31 | CN¥7.89 | CN¥28.30 | x |
| 2021-12-31 | CN¥13.12 | CN¥28.30 | x |
| 2022-12-31 | CN¥11.79 | CN¥28.30 | x |
| 2023-12-31 | CN¥11.81 | CN¥28.30 | x |
| 2024-12-31 | CN¥10.64 | CN¥28.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yijiahe Technology 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): -10.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.28%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.56x
- Recent ROE (-10.10%) is below the historical average (18.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 49.41% | 8.82% | 0.99x | 5.67x | CN¥7.72 Million |
| 2015 | 13.90% | 7.11% | 0.80x | 2.44x | CN¥3.79 Million |
| 2016 | 27.31% | 20.94% | 0.87x | 1.49x | CN¥34.77 Million |
| 2017 | 44.86% | 37.18% | 0.73x | 1.65x | CN¥108.01 Million |
| 2018 | 18.69% | 36.43% | 0.45x | 1.15x | CN¥85.56 Million |
| 2019 | 21.30% | 35.40% | 0.47x | 1.29x | CN¥135.91 Million |
| 2020 | 22.09% | 33.46% | 0.51x | 1.30x | CN¥184.11 Million |
| 2021 | 18.22% | 37.60% | 0.38x | 1.27x | CN¥217.96 Million |
| 2022 | -4.07% | -14.65% | 0.18x | 1.55x | CN¥-338.57 Million |
| 2023 | -0.42% | -1.34% | 0.19x | 1.62x | CN¥-247.64 Million |
| 2024 | -10.10% | -37.28% | 0.17x | 1.56x | CN¥-434.07 Million |
Industry Comparison
This section compares Yijiahe Technology 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yijiahe Technology Co Ltd (603666) | CN¥2.12 Billion | 49.41% | 0.50x | $851.14 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Yijiahe Technology Co Ltd
Yijiahe Technology Co., Ltd. engages in the research and development, design, and sale of intelligent robots in China. It offers intelligent robots for electricity, power generation, rail transit, petroleum and petrochemicals industries, as well as smart power, cleaning, factory, and energy; and industrial traffic solutions. Yijiahe Technology Co., Ltd. was founded in 1999 and is headquartered i… Read more