Ningbo Heli Mould Technology Co Ltd Class A
Ningbo Heli Technology Co., Ltd. designs, develops, manufactures, and sells casting molds in China and internationally. It offers die-casting molds, gravity low pressure casting molds, gravity casting molds, molding lines, hot and cold core box molds, and hot forming stamping molds. The company also develops and manufactures aluminum alloy materials and automotive brake systems. The company was f… Read more
Ningbo Heli Mould Technology Co Ltd Class A (603917) - Net Assets
Latest net assets as of September 2025: CN¥1.68 Billion CNY
Based on the latest financial reports, Ningbo Heli Mould Technology Co Ltd Class A (603917) has net assets worth CN¥1.68 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¥2.07 Billion) and total liabilities (CN¥390.56 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¥1.68 Billion |
| % of Total Assets | 81.13% |
| Annual Growth Rate | 20.43% |
| 5-Year Change | 63.74% |
| 10-Year Change | 402.96% |
| Growth Volatility | 29.12 |
Ningbo Heli Mould Technology Co Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Ningbo Heli Mould Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ningbo Heli Mould Technology Co Ltd Class A (2013–2024)
The table below shows the annual net assets of Ningbo Heli Mould Technology Co Ltd Class A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.68 Billion | +46.65% |
| 2023-12-31 | CN¥1.15 Billion | +7.07% |
| 2022-12-31 | CN¥1.07 Billion | +3.80% |
| 2021-12-31 | CN¥1.03 Billion | +0.47% |
| 2020-12-31 | CN¥1.03 Billion | +5.95% |
| 2019-12-31 | CN¥970.91 Million | +6.55% |
| 2018-12-31 | CN¥911.21 Million | +9.83% |
| 2017-12-31 | CN¥829.66 Million | +106.01% |
| 2016-12-31 | CN¥402.72 Million | +20.25% |
| 2015-12-31 | CN¥334.90 Million | +23.98% |
| 2014-12-31 | CN¥270.13 Million | +23.98% |
| 2013-12-31 | CN¥217.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Heli Mould Technology Co Ltd Class A'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 413.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥565.29 Million | 33.56% |
| Common Stock | CN¥203.84 Million | 12.10% |
| Other Components | CN¥915.30 Million | 54.34% |
| Total Equity | CN¥1.68 Billion | 100.00% |
Ningbo Heli Mould Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Ningbo Heli Mould Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guilin Sanjin Pharmaceutical Co Ltd
SHE:002275
|
$248.96 Million |
|
I-MAB SPONS.ADS/1 -0001
F:0VY
|
$249.02 Million |
|
Esab India Limited
NSE:ESABINDIA
|
$249.10 Million |
|
Bumi Armada Bhd
KLSE:5210
|
$249.13 Million |
|
Objective Corporation Ltd
AU:OCL
|
$248.75 Million |
|
Shanghai Xujiahui Commercial Co Ltd
SHE:002561
|
$248.72 Million |
|
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
|
$248.68 Million |
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
|
$248.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Heli Mould Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,148,605,471 to 1,684,437,671, a change of 535,832,200 (46.7%).
- Net loss of 11,239,482 reduced equity.
- Dividend payments of 41,160,346 reduced retained earnings.
- Other comprehensive income decreased equity by 12,893,596.
- Other factors increased equity by 601,125,624.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-11.24 Million | -0.67% |
| Dividends Paid | CN¥41.16 Million | -2.44% |
| Other Comprehensive Income | CN¥-12.89 Million | -0.77% |
| Other Changes | CN¥601.13 Million | +35.69% |
| Total Change | CN¥- | 46.65% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Heli Mould Technology Co Ltd Class A'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: 1.55x
- 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 7.48x to 1.55x 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¥1.87 | CN¥13.96 | x |
| 2014-12-31 | CN¥2.30 | CN¥13.96 | x |
| 2015-12-31 | CN¥2.85 | CN¥13.96 | x |
| 2016-12-31 | CN¥3.42 | CN¥13.96 | x |
| 2017-12-31 | CN¥6.86 | CN¥13.96 | x |
| 2018-12-31 | CN¥5.81 | CN¥13.96 | x |
| 2019-12-31 | CN¥6.19 | CN¥13.96 | x |
| 2020-12-31 | CN¥6.93 | CN¥13.96 | x |
| 2021-12-31 | CN¥6.59 | CN¥13.96 | x |
| 2022-12-31 | CN¥6.84 | CN¥13.96 | x |
| 2023-12-31 | CN¥7.36 | CN¥13.96 | x |
| 2024-12-31 | CN¥8.99 | CN¥13.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Heli Mould Technology Co Ltd Class A 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): -0.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.92%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.22x
- Recent ROE (-0.67%) is below the historical average (11.11%), 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 | 18.76% | 16.55% | 0.55x | 2.06x | CN¥19.09 Million |
| 2014 | 21.98% | 18.01% | 0.59x | 2.07x | CN¥32.36 Million |
| 2015 | 22.04% | 19.20% | 0.60x | 1.92x | CN¥40.34 Million |
| 2016 | 19.46% | 17.17% | 0.61x | 1.85x | CN¥38.09 Million |
| 2017 | 9.86% | 15.16% | 0.49x | 1.33x | CN¥-1.20 Million |
| 2018 | 10.73% | 16.04% | 0.49x | 1.36x | CN¥6.64 Million |
| 2019 | 7.82% | 12.42% | 0.47x | 1.35x | CN¥-21.19 Million |
| 2020 | 7.75% | 11.75% | 0.53x | 1.24x | CN¥-24.42 Million |
| 2021 | 6.28% | 9.22% | 0.48x | 1.42x | CN¥-38.45 Million |
| 2022 | 5.49% | 8.60% | 0.47x | 1.35x | CN¥-48.34 Million |
| 2023 | 3.80% | 6.50% | 0.44x | 1.33x | CN¥-71.19 Million |
| 2024 | -0.67% | -1.92% | 0.29x | 1.22x | CN¥-179.68 Million |
Industry Comparison
This section compares Ningbo Heli Mould Technology Co Ltd Class A's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Heli Mould Technology Co Ltd Class A (603917) | CN¥1.68 Billion | 18.76% | 0.23x | $248.87 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |