Wuhan Xingtu Xinke Electronics Co Ltd
Wuhan Xingtu Xinke Electronics Co.,Ltd. provides military video command and control systems based on network communications. It also offers video early warning control systems. The company was founded in 2004 and is based in Wuhan, China.
Wuhan Xingtu Xinke Electronics Co Ltd (688081) - Net Assets
Latest net assets as of September 2025: CN¥389.58 Million CNY
Based on the latest financial reports, Wuhan Xingtu Xinke Electronics Co Ltd (688081) has net assets worth CN¥389.58 Million 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¥554.42 Million) and total liabilities (CN¥164.84 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¥389.58 Million |
| % of Total Assets | 70.27% |
| Annual Growth Rate | 21.72% |
| 5-Year Change | -40.58% |
| 10-Year Change | N/A |
| Growth Volatility | 81.28 |
Wuhan Xingtu Xinke Electronics Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Wuhan Xingtu Xinke Electronics 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 Wuhan Xingtu Xinke Electronics Co Ltd (2016–2024)
The table below shows the annual net assets of Wuhan Xingtu Xinke Electronics Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥433.54 Million | -17.33% |
| 2023-12-31 | CN¥524.44 Million | -11.91% |
| 2022-12-31 | CN¥595.34 Million | -11.35% |
| 2021-12-31 | CN¥671.57 Million | -7.96% |
| 2020-12-31 | CN¥729.68 Million | +2.20% |
| 2019-12-31 | CN¥713.94 Million | +240.20% |
| 2018-12-31 | CN¥209.86 Million | +44.59% |
| 2017-12-31 | CN¥145.14 Million | +61.29% |
| 2016-12-31 | CN¥89.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wuhan Xingtu Xinke Electronics 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 decreased by 541.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥103.04 Million | 23.64% |
| Other Comprehensive Income | CN¥27.55 Million | 6.32% |
| Other Components | CN¥459.84 Million | 105.48% |
| Total Equity | CN¥435.94 Million | 100.00% |
Wuhan Xingtu Xinke Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Wuhan Xingtu Xinke Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yanlord Land Group Limited
PINK:YLDGF
|
$239.09 Million |
|
Shenzhen Longtech Smart Control Co. Ltd.
SHE:300916
|
$239.11 Million |
|
Genesyslogic
TWO:6104
|
$239.31 Million |
|
PT Ciputra Development Tbk
F:PUWA
|
$239.40 Million |
|
MENNICA POLSKA ZY 1
F:7N5
|
$239.00 Million |
|
Blackline Safety Corp
PINK:BLKLF
|
$238.92 Million |
|
Dear U Co. Ltd.
KQ:376300
|
$238.86 Million |
|
Shenzhen Infinova Ltd
SHE:002528
|
$238.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuhan Xingtu Xinke Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 526,296,915 to 435,939,820, a change of -90,357,095 (-17.2%).
- Net loss of 80,663,829 reduced equity.
- Dividend payments of 1,473,222 reduced retained earnings.
- Share repurchases of 10,031,199 reduced equity.
- Other comprehensive income increased equity by 27,554,605.
- Other factors decreased equity by 25,743,450.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-80.66 Million | -18.5% |
| Dividends Paid | CN¥1.47 Million | -0.34% |
| Share Repurchases | CN¥10.03 Million | -2.3% |
| Other Comprehensive Income | CN¥27.55 Million | +6.32% |
| Other Changes | CN¥-25.74 Million | -5.91% |
| Total Change | CN¥- | -17.17% |
Book Value vs Market Value Analysis
This analysis compares Wuhan Xingtu Xinke Electronics 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: 9.00x
- 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 30.61x to 9.00x 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¥1.25 | CN¥38.41 | x |
| 2017-12-31 | CN¥2.03 | CN¥38.41 | x |
| 2018-12-31 | CN¥2.81 | CN¥38.41 | x |
| 2019-12-31 | CN¥6.93 | CN¥38.41 | x |
| 2020-12-31 | CN¥7.08 | CN¥38.41 | x |
| 2021-12-31 | CN¥6.51 | CN¥38.41 | x |
| 2022-12-31 | CN¥5.78 | CN¥38.41 | x |
| 2023-12-31 | CN¥5.11 | CN¥38.41 | x |
| 2024-12-31 | CN¥4.27 | CN¥38.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuhan Xingtu Xinke Electronics 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): -18.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.72%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.37x
- Recent ROE (-18.50%) is below the historical average (0.72%), 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 | 5.12% | 5.79% | 0.47x | 1.88x | CN¥-4.39 Million |
| 2017 | 21.46% | 20.93% | 0.62x | 1.64x | CN¥16.64 Million |
| 2018 | 20.12% | 21.31% | 0.68x | 1.39x | CN¥21.23 Million |
| 2019 | 7.27% | 25.90% | 0.24x | 1.18x | CN¥-19.51 Million |
| 2020 | 4.50% | 17.04% | 0.24x | 1.10x | CN¥-40.13 Million |
| 2021 | -6.88% | -29.46% | 0.21x | 1.12x | CN¥-113.22 Million |
| 2022 | -13.72% | -56.91% | 0.21x | 1.14x | CN¥-141.19 Million |
| 2023 | -12.91% | -45.46% | 0.24x | 1.20x | CN¥-120.57 Million |
| 2024 | -18.50% | -52.72% | 0.26x | 1.37x | CN¥-124.26 Million |
Industry Comparison
This section compares Wuhan Xingtu Xinke Electronics Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $2,519,823,462
- Average return on equity (ROE) among peers: 5.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuhan Xingtu Xinke Electronics Co Ltd (688081) | CN¥389.58 Million | 5.12% | 0.42x | $239.06 Million |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $1.51 Billion | 3.95% | 0.11x | $590.11 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $1.20 Billion | 2.25% | 0.68x | $1.98 Billion |
| AVIC Aircraft Co Ltd (000768) | $1.98 Billion | 2.31% | 0.31x | $4.62 Billion |
| Zhejiang XiaSha Precision (001316) | $1.05 Billion | 7.55% | 0.08x | $223.64 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $4.13 Billion | 0.99% | 0.43x | $873.11 Million |
| Aerospace CH UAV Co Ltd (002389) | $8.20 Billion | 1.87% | 0.30x | $1.90 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.72 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.60 Billion | 6.16% | 0.09x | $431.82 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $3.57 Billion | 8.82% | 0.17x | $857.34 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $1.35 Billion | 9.08% | 0.39x | $427.08 Million |