Wuxi Paike New Materials Technology Co Ltd (605123) - Net Assets
Based on the latest financial reports, Wuxi Paike New Materials Technology Co Ltd (605123) has net assets worth CN¥4.62 Billion CNY (≈ $676.02 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¥8.20 Billion ≈ $1.20 Billion USD) and total liabilities (CN¥3.58 Billion ≈ $523.48 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 605123 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.62 Billion |
| % of Total Assets | 56.36% |
| Annual Growth Rate | 38.74% |
| 5-Year Change | 180.15% |
| 10-Year Change | N/A |
| Growth Volatility | 48.42 |
Wuxi Paike New Materials Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Wuxi Paike New Materials Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 605123 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Wuxi Paike New Materials Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Wuxi Paike New Materials Technology Co Ltd from 2016 to 2024. For live valuation and market cap data, see Wuxi Paike New Materials Technology Co L market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.41 Billion ≈ $645.82 Million |
+2.84% |
| 2023-12-31 | CN¥4.29 Billion ≈ $627.97 Million |
+11.12% |
| 2022-12-31 | CN¥3.86 Billion ≈ $565.14 Million |
+111.69% |
| 2021-12-31 | CN¥1.82 Billion ≈ $266.96 Million |
+15.80% |
| 2020-12-31 | CN¥1.58 Billion ≈ $230.53 Million |
+141.98% |
| 2019-12-31 | CN¥651.02 Million ≈ $95.27 Million |
+33.10% |
| 2018-12-31 | CN¥489.12 Million ≈ $71.57 Million |
+28.68% |
| 2017-12-31 | CN¥380.10 Million ≈ $55.62 Million |
+18.22% |
| 2016-12-31 | CN¥321.51 Million ≈ $47.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wuxi Paike New Materials 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 5550.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.62 Billion | 36.76% |
| Common Stock | CN¥121.17 Million | 2.75% |
| Other Comprehensive Income | CN¥84.28 Million | 1.91% |
| Other Components | CN¥2.59 Billion | 58.58% |
| Total Equity | CN¥4.41 Billion | 100.00% |
Wuxi Paike New Materials Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Wuxi Paike New Materials Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liberty Media Corporation Series A Liberty Formula One Common Stock
NASDAQ:FWONA
|
$1.96 Billion |
|
CIE Automotive India Limited
NSE:CIEINDIA
|
$1.96 Billion |
|
Tatung Co
TW:2371
|
$1.96 Billion |
|
Beijing Sojo Electric Co Ltd
SHE:300444
|
$1.96 Billion |
|
Zhejiang Wanma Co Ltd
SHE:002276
|
$1.96 Billion |
|
Iridium Communications Inc
NASDAQ:IRDM
|
$1.96 Billion |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690
|
$1.96 Billion |
|
NCC AB (publ)
ST:NCC-B
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi Paike New Materials Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,291,451,072 to 4,413,434,348, a change of 121,983,276 (2.8%).
- Net income of 263,911,526 contributed positively to equity growth.
- Dividend payments of 230,015,119 reduced retained earnings.
- Other comprehensive income increased equity by 84,209,418.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥263.91 Million | +5.98% |
| Dividends Paid | CN¥230.02 Million | -5.21% |
| Other Comprehensive Income | CN¥84.21 Million | +1.91% |
| Other Changes | CN¥3.88 Million | +0.09% |
| Total Change | CN¥- | 2.84% |
Book Value vs Market Value Analysis
This analysis compares Wuxi Paike New Materials 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: 3.03x
- 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 23.39x to 3.03x 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¥4.72 | CN¥110.50 | x |
| 2017-12-31 | CN¥4.69 | CN¥110.50 | x |
| 2018-12-31 | CN¥6.04 | CN¥110.50 | x |
| 2019-12-31 | CN¥8.04 | CN¥110.50 | x |
| 2020-12-31 | CN¥14.59 | CN¥110.50 | x |
| 2021-12-31 | CN¥16.89 | CN¥110.50 | x |
| 2022-12-31 | CN¥34.70 | CN¥110.50 | x |
| 2023-12-31 | CN¥35.42 | CN¥110.50 | x |
| 2024-12-31 | CN¥36.42 | CN¥110.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi Paike New Materials 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): 5.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.21%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.64x
- Recent ROE (5.98%) is below the historical average (14.33%), 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 | 9.10% | 8.61% | 0.61x | 1.73x | CN¥-2.89 Million |
| 2017 | 15.41% | 12.11% | 0.71x | 1.80x | CN¥20.57 Million |
| 2018 | 22.29% | 16.69% | 0.76x | 1.77x | CN¥60.11 Million |
| 2019 | 24.87% | 18.31% | 0.72x | 1.89x | CN¥96.80 Million |
| 2020 | 10.57% | 16.20% | 0.43x | 1.51x | CN¥9.00 Million |
| 2021 | 16.68% | 17.56% | 0.55x | 1.72x | CN¥121.86 Million |
| 2022 | 12.57% | 17.46% | 0.46x | 1.55x | CN¥99.41 Million |
| 2023 | 11.47% | 13.60% | 0.55x | 1.54x | CN¥62.94 Million |
| 2024 | 5.98% | 8.21% | 0.44x | 1.64x | CN¥-177.43 Million |
Industry Comparison
This section compares Wuxi Paike New Materials Technology Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,206,877,606
- Average return on equity (ROE) among peers: 6.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuxi Paike New Materials Technology Co Ltd (605123) | CN¥4.62 Billion | 9.10% | 0.77x | $1.96 Billion |
| China International Marine Containers Group Ltd (000039) | $8.33 Billion | 28.67% | 1.03x | $4.50 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $160.61 Million | -26.29% | 0.37x | $384.89 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.07 Billion | 0.86% | 0.44x | $410.37 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $329.96 Million | 28.81% | 0.69x | $1.20 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $3.45 Billion | 9.66% | 0.50x | $1.73 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $1.29 Billion | 10.75% | 0.38x | $1.90 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $8.04 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $860.67 Million | 4.61% | 0.86x | $340.32 Million |
| Guangzheng Group Co Ltd (002524) | $1.03 Billion | 0.15% | 0.92x | $334.06 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $4.03 Billion | 5.20% | 1.12x | $1.96 Billion |
About Wuxi Paike New Materials Technology Co Ltd
Wuxi Paike New Materials Technology Co.,Ltd. engages in the research and development, production, and sales of metal forgings in China and internationally. The company's primary products include ring forgings, free forgings, precision die forgings, etc. It also offers carbon steel, alloy steel, stainless steel, high-temperature alloys, aluminum alloys, titanium alloys, and magnesium alloys. The c… Read more