Xinya Electronic Co Ltd
Xinya Electronic Co., Ltd. manufactures and sells wires and cables in China and internationally. It offers UL electrical wiring, photovoltaic cables, automotive wires, coaxial cable, flexible industrial cable, high speed transmission cable, and medical cable. The company's products are used in the home appliances, communication base stations, AI data servers, intelligent offices, automated factor… Read more
Xinya Electronic Co Ltd (605277) - Net Assets
Latest net assets as of September 2025: CN¥1.62 Billion CNY
Based on the latest financial reports, Xinya Electronic Co Ltd (605277) has net assets worth CN¥1.62 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¥3.47 Billion) and total liabilities (CN¥1.86 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¥1.62 Billion |
| % of Total Assets | 46.54% |
| Annual Growth Rate | 31.89% |
| 5-Year Change | 44.71% |
| 10-Year Change | N/A |
| Growth Volatility | 51.6 |
Xinya Electronic Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Xinya Electronic Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Xinya Electronic Co Ltd (2016–2024)
The table below shows the annual net assets of Xinya Electronic Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.47 Billion | +9.57% |
| 2023-12-31 | CN¥1.34 Billion | +12.19% |
| 2022-12-31 | CN¥1.20 Billion | +3.48% |
| 2021-12-31 | CN¥1.16 Billion | +13.76% |
| 2020-12-31 | CN¥1.02 Billion | +171.38% |
| 2019-12-31 | CN¥374.42 Million | +30.86% |
| 2018-12-31 | CN¥286.12 Million | +24.52% |
| 2017-12-31 | CN¥229.77 Million | +43.11% |
| 2016-12-31 | CN¥160.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xinya Electronic 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 1228.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥510.05 Million | 34.69% |
| Common Stock | CN¥324.30 Million | 22.05% |
| Other Components | CN¥636.10 Million | 43.26% |
| Total Equity | CN¥1.47 Billion | 100.00% |
Xinya Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Xinya Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zoje Resources Investment Co Ltd
SHE:002021
|
$488.64 Million |
|
Yunnan QuakeSafe Seismic Isolation Technologies Co Ltd Class A
SHE:300767
|
$488.69 Million |
|
Forestar Group Inc
NYSE:FOR
|
$488.81 Million |
|
Mawson Gold Ltd
PINK:MWSNF
|
$489.00 Million |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$488.35 Million |
|
Duckhorn Portfolio Inc
NYSE:NAPA
|
$488.33 Million |
|
Tega Industries Limited
NSE:TEGA
|
$488.31 Million |
|
Shipping Corporation Of India Limited
NSE:SCI
|
$488.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinya Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,341,973,410 to 1,470,442,120, a change of 128,468,710 (9.6%).
- Net income of 153,068,912 contributed positively to equity growth.
- Dividend payments of 77,519,197 reduced retained earnings.
- Share repurchases of 236,242 reduced equity.
- Other factors increased equity by 53,155,237.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥153.07 Million | +10.41% |
| Dividends Paid | CN¥77.52 Million | -5.27% |
| Share Repurchases | CN¥236.24K | -0.02% |
| Other Changes | CN¥53.16 Million | +3.61% |
| Total Change | CN¥- | 9.57% |
Book Value vs Market Value Analysis
This analysis compares Xinya Electronic 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: 4.99x
- 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 14.55x to 4.99x 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¥1.58 | CN¥23.00 | x |
| 2017-12-31 | CN¥2.29 | CN¥23.00 | x |
| 2018-12-31 | CN¥1.50 | CN¥23.00 | x |
| 2019-12-31 | CN¥1.47 | CN¥23.00 | x |
| 2020-12-31 | CN¥4.00 | CN¥23.00 | x |
| 2021-12-31 | CN¥4.54 | CN¥23.00 | x |
| 2022-12-31 | CN¥4.62 | CN¥23.00 | x |
| 2023-12-31 | CN¥4.26 | CN¥23.00 | x |
| 2024-12-31 | CN¥4.61 | CN¥23.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinya Electronic 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): 10.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.34%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.34x
- Recent ROE (10.41%) is below the historical average (19.96%), 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 | 32.02% | 8.30% | 0.90x | 4.29x | CN¥34.96 Million |
| 2017 | 22.09% | 5.80% | 1.47x | 2.59x | CN¥27.76 Million |
| 2018 | 37.21% | 11.89% | 1.87x | 1.67x | CN¥77.87 Million |
| 2019 | 28.93% | 11.66% | 1.65x | 1.51x | CN¥70.87 Million |
| 2020 | 11.72% | 11.90% | 0.81x | 1.22x | CN¥17.47 Million |
| 2021 | 14.58% | 11.43% | 1.06x | 1.20x | CN¥52.90 Million |
| 2022 | 11.96% | 8.48% | 0.61x | 2.30x | CN¥23.43 Million |
| 2023 | 10.76% | 4.53% | 1.04x | 2.28x | CN¥10.21 Million |
| 2024 | 10.41% | 4.34% | 1.03x | 2.34x | CN¥6.02 Million |
Industry Comparison
This section compares Xinya Electronic Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinya Electronic Co Ltd (605277) | CN¥1.62 Billion | 32.02% | 1.15x | $488.48 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |