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 (≈ $837.63 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¥9.28 Billion ≈ $1.36 Billion USD) and total liabilities (CN¥3.56 Billion ≈ $521.03 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 AVIC (Chengdu) UAS Co. Ltd. A (688297) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.72 Billion |
| % of Total Assets | 61.65% |
| Annual Growth Rate | 56.2% |
| 5-Year Change | 392.79% |
| 10-Year Change | N/A |
| Growth Volatility | 153.41 |
AVIC (Chengdu) UAS Co. Ltd. A - Net Assets Trend (2020–2025)
This chart illustrates how AVIC (Chengdu) UAS Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See 688297 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for AVIC (Chengdu) UAS Co. Ltd. A (2020–2025)
The table below shows the annual net assets of AVIC (Chengdu) UAS Co. Ltd. A from 2020 to 2025. For live valuation and market cap data, see market value of AVIC (Chengdu) UAS Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.73 Billion ≈ $837.88 Million |
+0.71% |
| 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 |
-- |
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 285.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥543.36 Million | 9.49% |
| Other Components | CN¥5.18 Billion | 90.51% |
| Total Equity | CN¥5.73 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 |
|---|---|
|
AVIC Capital Co Ltd
SHG:600705
|
$4.48 Billion |
|
PT Petrindo Jaya Kreasi Tbk
JK:CUAN
|
$4.48 Billion |
|
BILFINGER SE UNSP.ADR 1/5
F:GBFU
|
$4.48 Billion |
|
TaTaTu SpA
PA:ALTTU
|
$4.48 Billion |
|
MarketAxess Holdings Inc
NASDAQ:MKTX
|
$4.47 Billion |
|
UMICORE S.A UNSP.ADR 1/4
F:NVJ
|
$4.47 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
$4.47 Billion |
|
JHT Design Co. Ltd. Cl A
SHG:603061
|
$4.47 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 2024 to 2025, total equity changed from 5,685,726,174 to 5,725,901,726, a change of 40,175,552 (0.7%).
- Net income of 88,574,871 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥88.57 Million | +1.55% |
| Other Changes | CN¥-48.40 Million | -0.85% |
| Total Change | CN¥- | 0.71% |
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: 5.34x
- 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 31.12x to 5.34x 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¥45.31 | x |
| 2021-12-31 | CN¥2.15 | CN¥45.31 | x |
| 2022-12-31 | CN¥8.53 | CN¥45.31 | x |
| 2023-12-31 | CN¥8.66 | CN¥45.31 | x |
| 2024-12-31 | CN¥8.42 | CN¥45.31 | x |
| 2025-12-31 | CN¥8.48 | CN¥45.31 | 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): 1.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.94%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.66x
- Recent ROE (1.55%) is below the historical average (10.74%), 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 |
| 2025 | 1.55% | 2.94% | 0.32x | 1.66x | CN¥-484.02 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: $3,639,675,118
- Average return on equity (ROE) among peers: 5.79%
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% | 0.62x | $4.48 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $738.32 Million | 10.95% | 0.40x | $2.35 Billion |
| Aecc Aero Engine Control Co Ltd (000738) | $2.36 Billion | -2.28% | 0.56x | $3.62 Billion |
| AVIC Aircraft Co Ltd (000768) | $15.31 Billion | 5.08% | 2.82x | $8.38 Billion |
| Sichuan Haite High-tech Co Ltd (002023) | $4.21 Billion | 0.31% | 0.67x | $1.37 Billion |
| Aerospace CH UAV Co Ltd (002389) | $2.17 Billion | 2.24% | 0.31x | $2.68 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $7.70 Billion | 1.49% | 0.04x | $10.77 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.54 Billion | 2.56% | 0.54x | $501.94 Million |
| Chengdu Tianjian Technology Co Ltd (002977) | $1.01 Billion | 10.98% | 0.20x | $430.82 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $757.88 Million | 13.66% | 0.21x | $1.48 Billion |
| Shaanxi Zhongtian Rocket Technology (003009) | $604.49 Million | 12.90% | 1.10x | $1.37 Billion |
About AVIC (Chengdu) UAS Co. Ltd. A
AVIC (Chengdu)UAS Co., Ltd. engages in the design, research, development, manufacture, sale, and service of unmanned aerial vehicle systems in China. The company offers drone products. It also provides repair, leasing, and after-sales; and technology development and transfer, consulting, and other technology services for unmanned aerial systems, aerospace vehicles, and other supporting products. … Read more