Guizhou Aviation Technical Development Co Ltd Net Assets
Guizhou Aviation Technical Development Co Ltd net assets. Based on the latest financial reports, Guizhou Aviation Technical Development Co Ltd (688239) has net assets worth CN¥2.08 Billion CNY (≈ $304.88 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.19 Billion ≈ $759.02 Million USD) and total liabilities (CN¥3.10 Billion ≈ $454.14 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. Also explore Guizhou Aviation Technical Development C net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.08 Billion |
| % of Total Assets | 40.17% |
| Annual Growth Rate | 18.14% |
| 5-Year Change | 94.08% |
| 10-Year Change | 515.94% |
| Growth Volatility | 24.03 |
Net Assets of Guizhou Aviation Technical Development Co Ltd (2013–2025)
Net assets of Guizhou Aviation Technical Development Co Ltd from 2013 to 2025. This chart illustrates how Guizhou Aviation Technical Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See 688239 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Guizhou Aviation Technical Development Co Ltd (2013–2025)
The table below shows the annual net assets of Guizhou Aviation Technical Development Co Ltd from 2013 to 2025. For live market cap and overall valuation, see 688239 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.02 Billion ≈ $295.48 Million |
+8.74% |
| 2024-12-31 | CN¥1.86 Billion ≈ $271.72 Million |
+9.08% |
| 2023-12-31 | CN¥1.70 Billion ≈ $249.11 Million |
+36.57% |
| 2022-12-31 | CN¥1.25 Billion ≈ $182.41 Million |
+19.82% |
| 2021-12-31 | CN¥1.04 Billion ≈ $152.24 Million |
+88.20% |
| 2020-12-31 | CN¥552.82 Million ≈ $80.90 Million |
+15.14% |
| 2019-12-31 | CN¥480.13 Million ≈ $70.26 Million |
+12.64% |
| 2018-12-31 | CN¥426.26 Million ≈ $62.38 Million |
+6.07% |
| 2017-12-31 | CN¥401.85 Million ≈ $58.80 Million |
+22.58% |
| 2016-12-31 | CN¥327.83 Million ≈ $47.97 Million |
-13.16% |
| 2015-12-31 | CN¥377.52 Million ≈ $55.24 Million |
+4.63% |
| 2014-12-31 | CN¥360.83 Million ≈ $52.80 Million |
+32.03% |
| 2013-12-31 | CN¥273.28 Million ≈ $39.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guizhou Aviation Technical Development 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 846.2% over the analyzed period, indicating profitable operations and earnings retention.
Guizhou Aviation Technical Development Co Ltd Net Assets Breakdown (December 2025)
Guizhou Aviation Technical Development Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥712.51 Million | 35.71% |
| Other Components | CN¥1.28 Billion | 64.29% |
| Total Equity | CN¥2.00 Billion | 100.00% |
Guizhou Aviation Technical Development Co Ltd Competitors by Market Cap
The table below lists competitors of Guizhou Aviation Technical Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UTI Asset Management Company Limited
NSE:UTIAMC
|
$1.16 Billion |
|
Hunan Fazhan Industrial Co Ltd
SHE:000722
|
$1.16 Billion |
|
Shanghai Jinqiao Export Processing Zone Development Co Ltd A
SHG:600639
|
$1.16 Billion |
|
Rami Levi
TA:RMLI
|
$1.16 Billion |
|
CVR Partners LP
NYSE:UAN
|
$1.16 Billion |
|
Lotte Corp
KO:004990
|
$1.16 Billion |
|
Columbia Financial Inc
NASDAQ:CLBK
|
$1.16 Billion |
|
Stepan Company
NYSE:SCL
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guizhou Aviation Technical Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,834,202,898 to 1,995,452,441, a change of 161,249,543 (8.8%).
- Net income of 185,893,000 contributed positively to equity growth.
- Dividend payments of 52,670,164 reduced retained earnings.
- Other comprehensive income increased equity by 13,991,831.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥185.89 Million | +9.32% |
| Dividends Paid | CN¥52.67 Million | -2.64% |
| Other Comprehensive Income | CN¥13.99 Million | +0.7% |
| Other Changes | CN¥14.03 Million | +0.7% |
| Total Change | CN¥- | 8.79% |
Book Value vs Market Value Analysis
This analysis compares Guizhou Aviation Technical Development 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: 3.94x
- 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 10.71x to 3.94x 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¥3.87 | CN¥41.45 | x |
| 2014-12-31 | CN¥4.54 | CN¥41.45 | x |
| 2015-12-31 | CN¥4.42 | CN¥41.45 | x |
| 2016-12-31 | CN¥3.83 | CN¥41.45 | x |
| 2017-12-31 | CN¥4.29 | CN¥41.45 | x |
| 2018-12-31 | CN¥3.09 | CN¥41.45 | x |
| 2019-12-31 | CN¥3.50 | CN¥41.45 | x |
| 2020-12-31 | CN¥4.04 | CN¥41.45 | x |
| 2021-12-31 | CN¥6.51 | CN¥41.45 | x |
| 2022-12-31 | CN¥6.85 | CN¥41.45 | x |
| 2023-12-31 | CN¥9.02 | CN¥41.45 | x |
| 2024-12-31 | CN¥9.58 | CN¥41.45 | x |
| 2025-12-31 | CN¥10.52 | CN¥41.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guizhou Aviation Technical Development 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): 9.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.14%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 2.48x
- Recent ROE (9.32%) is above the historical average (6.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.66% | 17.30% | 0.39x | 1.88x | CN¥7.27 Million |
| 2014 | 2.64% | 4.83% | 0.35x | 1.57x | CN¥-26.54 Million |
| 2015 | -1.58% | -2.92% | 0.36x | 1.49x | CN¥-43.73 Million |
| 2016 | -15.16% | -31.83% | 0.30x | 1.59x | CN¥-82.48 Million |
| 2017 | -4.43% | -7.90% | 0.34x | 1.63x | CN¥-58.00 Million |
| 2018 | 5.73% | 7.34% | 0.39x | 1.98x | CN¥-18.22 Million |
| 2019 | 11.22% | 9.15% | 0.51x | 2.38x | CN¥5.85 Million |
| 2020 | 13.15% | 10.84% | 0.47x | 2.58x | CN¥17.41 Million |
| 2021 | 13.35% | 14.48% | 0.44x | 2.11x | CN¥34.90 Million |
| 2022 | 14.71% | 12.61% | 0.49x | 2.40x | CN¥58.71 Million |
| 2023 | 11.00% | 8.82% | 0.62x | 2.02x | CN¥16.84 Million |
| 2024 | 10.28% | 10.45% | 0.42x | 2.34x | CN¥5.19 Million |
| 2025 | 9.32% | 9.14% | 0.41x | 2.48x | CN¥-13.65 Million |
Industry Comparison
This section compares Guizhou Aviation Technical Development Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $3,161,636,708
- Average return on equity (ROE) among peers: 6.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guizhou Aviation Technical Development Co Ltd (688239) | CN¥2.08 Billion | 12.66% | 1.49x | $1.16 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $408.54 Million | 2.50% | 0.99x | $1.89 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $2.54 Billion | 7.13% | 0.84x | $3.57 Billion |
| AVIC Aircraft Co Ltd (000768) | $17.55 Billion | 6.12% | 2.54x | $9.68 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $3.75 Billion | 1.06% | 0.21x | $945.35 Million |
| Aerospace CH UAV Co Ltd (002389) | $3.39 Billion | 2.95% | 0.09x | $2.61 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $529.06 Million | 7.62% | 0.33x | $5.92 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.47 Billion | -0.13% | 0.19x | $419.51 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $376.04 Million | 25.55% | 0.52x | $298.64 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $359.86 Million | 6.59% | 0.37x | $1.43 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $1.23 Billion | 8.38% | 0.41x | $1.01 Billion |
About Guizhou Aviation Technical Development Co Ltd
Guizhou Aviation Technical Development Co., Ltd researches, develops, manufactures, and sells ring forgings in China and internationally. The company offers aviation, aerospace, gas turbine, other high-end equipment, and other forgings. It also offers technology promotion and application services, sales of metal materials and metal products, and investment management activities. Its products used… Read more