AVIC (Chengdu) UAS Co. Ltd. A (688297) - Net Assets
Based on the latest financial reports, AVIC (Chengdu) UAS Co. Ltd. A (688297) has net assets worth CN¥5.72 Billion CNY (≈ $837.36 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¥8.98 Billion ≈ $1.31 Billion USD) and total liabilities (CN¥3.26 Billion ≈ $476.62 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. Read total liabilities of AVIC (Chengdu) UAS Co. Ltd. A for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.72 Billion |
| % of Total Assets | 63.73% |
| Annual Growth Rate | 74.3% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 162.89 |
AVIC (Chengdu) UAS Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how AVIC (Chengdu) UAS Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore AVIC (Chengdu) UAS Co. Ltd. A assets under control for the complete picture of this company's asset base.
Annual Net Assets for AVIC (Chengdu) UAS Co. Ltd. A (2020–2024)
The table below shows the annual net assets of AVIC (Chengdu) UAS Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see market value of AVIC (Chengdu) UAS Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.69 Billion ≈ $832.00 Million |
-2.75% |
| 2023-12-31 | CN¥5.85 Billion ≈ $855.49 Million |
+1.49% |
| 2022-12-31 | CN¥5.76 Billion ≈ $842.93 Million |
+395.76% |
| 2021-12-31 | CN¥1.16 Billion ≈ $170.03 Million |
+88.61% |
| 2020-12-31 | CN¥616.06 Million ≈ $90.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AVIC (Chengdu) UAS Co. Ltd. A'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 229.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥463.64 Million | 8.15% |
| Other Components | CN¥5.22 Billion | 91.85% |
| Total Equity | CN¥5.69 Billion | 100.00% |
AVIC (Chengdu) UAS Co. Ltd. A Competitors by Market Cap
The table below lists competitors of AVIC (Chengdu) UAS Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tsingtao Brewery Company Limited
F:TSI
|
$4.57 Billion |
|
Knife River Corporation
NYSE:KNF
|
$4.58 Billion |
|
Alior Bank S.A.
WAR:ALR
|
$4.58 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
$4.58 Billion |
|
AutoStore Holdings Ltd
OL:AUTO
|
$4.57 Billion |
|
Hangzhou Binjiang Real Estate Group Co Ltd
SHE:002244
|
$4.57 Billion |
|
Meritage Corporation
NYSE:MTH
|
$4.57 Billion |
|
Liberty Broadband Srs C
NASDAQ:LBRDK
|
$4.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AVIC (Chengdu) UAS Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,846,252,734 to 5,685,726,174, a change of -160,526,561 (-2.7%).
- Net loss of 53,916,050 reduced equity.
- Dividend payments of 119,475,006 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-53.92 Million | -0.95% |
| Dividends Paid | CN¥119.48 Million | -2.1% |
| Other Changes | CN¥12.86 Million | +0.23% |
| Total Change | CN¥- | -2.75% |
Book Value vs Market Value Analysis
This analysis compares AVIC (Chengdu) UAS Co. Ltd. A'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: 5.49x
- 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 31.77x to 5.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥1.46 | CN¥46.26 | x |
| 2021-12-31 | CN¥2.15 | CN¥46.26 | x |
| 2022-12-31 | CN¥8.53 | CN¥46.26 | x |
| 2023-12-31 | CN¥8.66 | CN¥46.26 | x |
| 2024-12-31 | CN¥8.42 | CN¥46.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AVIC (Chengdu) UAS Co. Ltd. A 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): -0.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.87%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.54x
- Recent ROE (-0.95%) is below the historical average (12.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 26.78% | 13.55% | 0.73x | 2.71x | CN¥103.34 Million |
| 2021 | 25.45% | 11.95% | 0.96x | 2.23x | CN¥179.54 Million |
| 2022 | 6.43% | 13.35% | 0.36x | 1.36x | CN¥-205.84 Million |
| 2023 | 5.18% | 11.36% | 0.36x | 1.26x | CN¥-282.05 Million |
| 2024 | -0.95% | -7.87% | 0.08x | 1.54x | CN¥-622.49 Million |
Industry Comparison
This section compares AVIC (Chengdu) UAS Co. Ltd. A's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $2,163,451,472
- Average return on equity (ROE) among peers: 7.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AVIC (Chengdu) UAS Co. Ltd. A (688297) | CN¥5.72 Billion | 26.78% | 0.57x | $4.57 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $1.48 Billion | -2.56% | 0.10x | $1.37 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $2.53 Billion | 7.15% | 0.84x | $4.12 Billion |
| AVIC Aircraft Co Ltd (000768) | $1.26 Billion | 3.70% | 0.46x | $9.57 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $4.00 Billion | 1.91% | 0.77x | $1.39 Billion |
| Aerospace CH UAV Co Ltd (002389) | $126.79 Million | 20.60% | 1.27x | $3.22 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $7.87 Billion | 2.07% | 0.10x | $12.63 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.54 Billion | 8.92% | 0.08x | $528.90 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $1.10 Billion | 4.55% | 0.29x | $475.99 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $1.13 Billion | 18.87% | 0.17x | $1.75 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $604.49 Million | 12.90% | 1.10x | $1.39 Billion |
About AVIC (Chengdu) UAS Co. Ltd. A
AVIC (Chengdu)UAS Co., Ltd. engages in the design, research, development, manufacturing, sales, and services of unmanned aerial vehicle systems in China. The company offers Wing Loong series unmanned aerial vehicles, including Wing Loong-1, Wing Loong-1D, Wing Loong-1E, Wing Loong-1G, Wing Loong-2, Wing Loong-2D, Wing Loong-2H, Wing Loong-2HA, and Wing Loong-X. It also provides repair, sale, leas… Read more