Allied Machinery Co. Ltd. (605060) - Net Assets
Based on the latest financial reports, Allied Machinery Co. Ltd. (605060) has net assets worth CN¥2.44 Billion CNY (≈ $357.16 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.99 Billion ≈ $437.15 Million USD) and total liabilities (CN¥546.67 Million ≈ $80.00 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 605060 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.44 Billion |
| % of Total Assets | 81.7% |
| Annual Growth Rate | 20.56% |
| 5-Year Change | 149.23% |
| 10-Year Change | N/A |
| Growth Volatility | 31.28 |
Allied Machinery Co. Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Allied Machinery Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Allied Machinery Co. Ltd. total assets for the complete picture of this company's asset base.
Annual Net Assets for Allied Machinery Co. Ltd. (2016–2024)
The table below shows the annual net assets of Allied Machinery Co. Ltd. from 2016 to 2024. For live valuation and market cap data, see market cap of Allied Machinery Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.33 Billion ≈ $341.28 Million |
+3.66% |
| 2023-12-31 | CN¥2.25 Billion ≈ $329.23 Million |
+8.70% |
| 2022-12-31 | CN¥2.07 Billion ≈ $302.87 Million |
+9.78% |
| 2021-12-31 | CN¥1.89 Billion ≈ $275.88 Million |
+101.47% |
| 2020-12-31 | CN¥935.76 Million ≈ $136.93 Million |
+20.30% |
| 2019-12-31 | CN¥777.89 Million ≈ $113.83 Million |
+28.68% |
| 2018-12-31 | CN¥604.50 Million ≈ $88.46 Million |
+24.02% |
| 2017-12-31 | CN¥487.44 Million ≈ $71.33 Million |
-6.70% |
| 2016-12-31 | CN¥522.43 Million ≈ $76.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Allied Machinery 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 413.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.01 Billion | 43.49% |
| Other Components | CN¥1.31 Billion | 56.51% |
| Total Equity | CN¥2.33 Billion | 100.00% |
Allied Machinery Co. Ltd. Competitors by Market Cap
The table below lists competitors of Allied Machinery Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Affle (India) Limited
NSE:AFFLE
|
$2.29 Billion |
|
Hwa Create Corp Ltd
SHE:300045
|
$2.29 Billion |
|
Compagnie Financiere Tradition
SW:CFT
|
$2.29 Billion |
|
Luenmei Quantum Co Ltd
SHG:600167
|
$2.29 Billion |
|
OliX PharmaceuticalsInc
KQ:226950
|
$2.29 Billion |
|
Société BIC SA
PA:BB
|
$2.29 Billion |
|
Hanesbrands Inc
NYSE:HBI
|
$2.29 Billion |
|
Azelis Group NV
BR:AZE
|
$2.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allied Machinery Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,244,318,390 to 2,326,600,421, a change of 82,282,031 (3.7%).
- Net income of 187,471,915 contributed positively to equity growth.
- Dividend payments of 87,330,820 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥187.47 Million | +8.06% |
| Dividends Paid | CN¥87.33 Million | -3.75% |
| Other Changes | CN¥-17.86 Million | -0.77% |
| Total Change | CN¥- | 3.67% |
Book Value vs Market Value Analysis
This analysis compares Allied Machinery 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: 6.74x
- 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 28.18x to 6.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.31 | CN¥65.05 | x |
| 2017-12-31 | CN¥2.74 | CN¥65.05 | x |
| 2018-12-31 | CN¥3.35 | CN¥65.05 | x |
| 2019-12-31 | CN¥4.33 | CN¥65.05 | x |
| 2020-12-31 | CN¥5.20 | CN¥65.05 | x |
| 2021-12-31 | CN¥8.18 | CN¥65.05 | x |
| 2022-12-31 | CN¥8.55 | CN¥65.05 | x |
| 2023-12-31 | CN¥9.30 | CN¥65.05 | x |
| 2024-12-31 | CN¥9.65 | CN¥65.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allied Machinery 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): 8.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.07%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.23x
- Recent ROE (8.06%) is below the historical average (15.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.03% | 17.52% | 0.60x | 1.71x | CN¥33.05 Million |
| 2017 | 17.55% | 15.33% | 0.82x | 1.39x | CN¥36.79 Million |
| 2018 | 26.60% | 22.75% | 0.88x | 1.32x | CN¥100.35 Million |
| 2019 | 21.71% | 24.74% | 0.75x | 1.17x | CN¥91.07 Million |
| 2020 | 17.88% | 24.97% | 0.62x | 1.16x | CN¥73.71 Million |
| 2021 | 8.56% | 20.10% | 0.35x | 1.21x | CN¥-26.99 Million |
| 2022 | 12.01% | 22.11% | 0.43x | 1.28x | CN¥41.52 Million |
| 2023 | 11.20% | 20.75% | 0.45x | 1.19x | CN¥26.90 Million |
| 2024 | 8.06% | 17.07% | 0.38x | 1.23x | CN¥-45.19 Million |
Industry Comparison
This section compares Allied Machinery 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: $2,059,246,274
- Average return on equity (ROE) among peers: 1.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allied Machinery Co. Ltd. (605060) | CN¥2.44 Billion | 18.03% | 0.22x | $2.29 Billion |
| Huayi Compressor Co Ltd (000404) | $414.61 Million | 10.02% | 0.62x | $861.62 Million |
| Shenyang Machine Tool Co Ltd (000410) | $665.41 Million | 10.13% | 1.41x | $2.47 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $10.34 Billion | -3.16% | 0.55x | $3.69 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $334.56 Million | 13.27% | 1.12x | $535.34 Million |
| Changchai Co Ltd (000570) | $293.98 Million | 13.18% | 1.15x | $543.19 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.57 Billion | -26.02% | 0.43x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $700.42 Million | -14.02% | 1.61x | $1.14 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $969.93 Million | 5.96% | 0.61x | $1.15 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.18 Billion | 0.27% | 0.36x | $976.18 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $4.12 Billion | 6.67% | 1.07x | $1.77 Billion |
About Allied Machinery Co. Ltd.
Allied Machinery Co., Ltd. designs, researches and develops, produces, and sells high-precision mechanical parts and precision cavity mold products in China and the United States. It offers gearbox and rear gearbox, engine block, flywheel housing, reducer and reducer housing, torque arm, and power frame, valve case and body, reducer rear cover, housing and motor housing, regulator, pump rear cove… Read more