Xi'an High Voltage Apparatus Research Institute Co. Ltd.
Xi'an High Voltage Apparatus Research Institute Co., Ltd., together with its subsidiaries, provides electrical inspection and testing services in China, Hong Kong, Macao, Taiwan, and internationally. The company offers professional technical services; type, performance, routine, and certificate tests; arbitration inspection; quality appraisement; and metrological verification of electrical equipm… Read more
Xi'an High Voltage Apparatus Research Institute Co. Ltd. (688334) - Net Assets
Latest net assets as of June 2025: CN¥3.06 Billion CNY
Based on the latest financial reports, Xi'an High Voltage Apparatus Research Institute Co. Ltd. (688334) has net assets worth CN¥3.06 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.70 Billion) and total liabilities (CN¥634.02 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¥3.06 Billion |
| % of Total Assets | 82.86% |
| Annual Growth Rate | 19.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.68 |
Xi'an High Voltage Apparatus Research Institute Co. Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Xi'an High Voltage Apparatus Research Institute 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 Xi'an High Voltage Apparatus Research Institute Co. Ltd. (2021–2024)
The table below shows the annual net assets of Xi'an High Voltage Apparatus Research Institute Co. Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.93 Billion | -5.43% |
| 2023-12-31 | CN¥3.10 Billion | +67.35% |
| 2022-12-31 | CN¥1.85 Billion | +7.64% |
| 2021-12-31 | CN¥1.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xi'an High Voltage Apparatus Research Institute 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 30841055620.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥279.14 Million | 10.05% |
| Other Components | CN¥2.50 Billion | 89.95% |
| Total Equity | CN¥2.78 Billion | 100.00% |
Xi'an High Voltage Apparatus Research Institute Co. Ltd. Competitors by Market Cap
The table below lists competitors of Xi'an High Voltage Apparatus Research Institute Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyosung Advanced Materials Corp
KO:298050
|
$318.37 Million |
|
Ledman Optoelectronic Co Ltd
SHE:300162
|
$318.61 Million |
|
Xunlei Limited
F:4XN
|
$318.67 Million |
|
BRIDGE INV.GRP.HLD.A -01
F:53S
|
$318.68 Million |
|
Cerus Corporation
NASDAQ:CERS
|
$318.30 Million |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
$318.26 Million |
|
Aclaris Therapeutics Inc
NASDAQ:ACRS
|
$318.20 Million |
|
CIR S.p.A. - Compagnie Industriali Riunite
F:BN7
|
$318.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xi'an High Voltage Apparatus Research Institute Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,059,550,990 to 2,778,117,448, a change of -281,433,542 (-9.2%).
- Net income of 228,674,536 contributed positively to equity growth.
- Dividend payments of 131,590,194 reduced retained earnings.
- Other factors decreased equity by 378,517,885.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥228.67 Million | +8.23% |
| Dividends Paid | CN¥131.59 Million | -4.74% |
| Other Changes | CN¥-378.52 Million | -13.62% |
| Total Change | CN¥- | -9.20% |
Book Value vs Market Value Analysis
This analysis compares Xi'an High Voltage Apparatus Research Institute 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: 2.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥0.00 | CN¥23.36 | x |
| 2022-12-31 | CN¥7.79 | CN¥23.36 | x |
| 2023-12-31 | CN¥9.66 | CN¥23.36 | x |
| 2024-12-31 | CN¥8.78 | CN¥23.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xi'an High Voltage Apparatus Research Institute 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.64%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.28x
- Recent ROE (8.23%) is above the historical average (5.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 18.24% | 0.21x | 0.00x | CN¥81.56 Million |
| 2022 | 7.04% | 25.01% | 0.23x | 1.22x | CN¥-54.71 Million |
| 2023 | 6.19% | 25.07% | 0.21x | 1.19x | CN¥-116.62 Million |
| 2024 | 8.23% | 28.64% | 0.23x | 1.28x | CN¥-49.14 Million |
Industry Comparison
This section compares Xi'an High Voltage Apparatus Research Institute Co. Ltd.'s net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,023,358,595
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xi'an High Voltage Apparatus Research Institute Co. Ltd. (688334) | CN¥3.06 Billion | 0.00% | 0.21x | $318.33 Million |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $406.57 Million | 9.85% | 0.70x | $310.62 Million |
| Tungkong Inc (002117) | $211.00 Million | 24.79% | 1.36x | $504.60 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $1.21 Billion | 12.38% | 3.22x | $1.26 Billion |
| Hongbo Co Ltd (002229) | $1.34 Billion | -21.81% | 1.32x | $1.12 Billion |
| Beijing Shengtong Printing Co Ltd (002599) | $147.72 Million | 16.68% | 1.56x | $346.10 Million |
| Shanghai Nar Industrial Co Ltd (002825) | $1.53 Billion | 8.27% | 0.67x | $277.42 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.00 Billion | 7.40% | 0.05x | $153.91 Million |
| Suzhou Electrical Apparatus Sci (300215) | $1.83 Billion | 4.73% | 1.24x | $356.39 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $166.51 Million | 0.00% | 1.55x | $1.97 Billion |
| Hunan Huakai Cultural and Creative Co Ltd (300592) | $2.38 Billion | 7.16% | 0.87x | $289.91 Million |