Suzhou Mingzhi Technology Co. Ltd. A
Suzhou Mingzhi Technology Co., Ltd. engages in the research and development, manufacture, and sales of casting equipment in the People's Republic of China. It provides core shop products, including core shooters; gassing units; sand preparation systems; tooling products, such as permanent molds, semi permanents molds, fixtures, and core boxes; and in line, core centers, and inorganic process core… Read more
Suzhou Mingzhi Technology Co. Ltd. A (688355) - Net Assets
Latest net assets as of September 2025: CN¥1.07 Billion CNY
Based on the latest financial reports, Suzhou Mingzhi Technology Co. Ltd. A (688355) has net assets worth CN¥1.07 Billion 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¥1.39 Billion) and total liabilities (CN¥319.92 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¥1.07 Billion |
| % of Total Assets | 76.91% |
| Annual Growth Rate | 22.53% |
| 5-Year Change | 138.93% |
| 10-Year Change | N/A |
| Growth Volatility | 45.79 |
Suzhou Mingzhi Technology Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Suzhou Mingzhi Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Suzhou Mingzhi Technology Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | +2.42% |
| 2023-12-31 | CN¥1.06 Billion | -1.00% |
| 2022-12-31 | CN¥1.07 Billion | -0.37% |
| 2021-12-31 | CN¥1.07 Billion | +136.49% |
| 2020-12-31 | CN¥454.07 Million | +35.40% |
| 2019-12-31 | CN¥335.35 Million | +21.73% |
| 2018-12-31 | CN¥275.48 Million | +5.28% |
| 2017-12-31 | CN¥261.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Mingzhi Technology 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 6.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥248.15 Million | 22.87% |
| Common Stock | CN¥123.96 Million | 11.43% |
| Other Comprehensive Income | CN¥52.54 Million | 4.84% |
| Other Components | CN¥660.25 Million | 60.86% |
| Total Equity | CN¥1.08 Billion | 100.00% |
Suzhou Mingzhi Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Suzhou Mingzhi Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ngx Energy International Corp
OTCQX:GASXF
|
$108.04 Million |
|
Dongyang E&P Inc
KQ:079960
|
$108.05 Million |
|
6ZF
F:6ZF
|
$108.11 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
$108.15 Million |
|
Universal Logistics Holdings Inc
NASDAQ:ULH
|
$108.00 Million |
|
Sanghvi Movers Limited
NSE:SANGHVIMOV
|
$107.99 Million |
|
Ihlas Haber Ajansi AS
IS:IHAAS
|
$107.96 Million |
|
Solux Co. Ltd
KQ:290690
|
$107.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Mingzhi Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,059,231,753 to 1,084,901,470, a change of 25,669,717 (2.4%).
- Net income of 66,014,900 contributed positively to equity growth.
- Dividend payments of 56,799,923 reduced retained earnings.
- Other comprehensive income increased equity by 52,539,673.
- Other factors decreased equity by 36,084,933.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥66.01 Million | +6.08% |
| Dividends Paid | CN¥56.80 Million | -5.24% |
| Other Comprehensive Income | CN¥52.54 Million | +4.84% |
| Other Changes | CN¥-36.08 Million | -3.33% |
| Total Change | CN¥- | 2.42% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Mingzhi Technology 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: 2.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.04x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.11 | CN¥21.87 | x |
| 2018-12-31 | CN¥3.21 | CN¥21.87 | x |
| 2019-12-31 | CN¥2.72 | CN¥21.87 | x |
| 2020-12-31 | CN¥4.98 | CN¥21.87 | x |
| 2021-12-31 | CN¥8.73 | CN¥21.87 | x |
| 2022-12-31 | CN¥8.67 | CN¥21.87 | x |
| 2023-12-31 | CN¥8.67 | CN¥21.87 | x |
| 2024-12-31 | CN¥8.83 | CN¥21.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Mingzhi Technology 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): 6.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.45%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.22x
- Recent ROE (6.08%) is below the historical average (12.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 22.20% | 15.99% | 0.64x | 2.18x | CN¥31.93 Million |
| 2018 | 10.29% | 6.03% | 0.70x | 2.45x | CN¥810.05K |
| 2019 | 22.10% | 12.56% | 0.79x | 2.22x | CN¥40.59 Million |
| 2020 | 25.92% | 19.22% | 0.78x | 1.73x | CN¥72.29 Million |
| 2021 | 11.49% | 17.28% | 0.51x | 1.31x | CN¥15.97 Million |
| 2022 | 3.46% | 6.04% | 0.42x | 1.37x | CN¥-69.97 Million |
| 2023 | 1.38% | 2.75% | 0.38x | 1.31x | CN¥-91.26 Million |
| 2024 | 6.08% | 10.45% | 0.48x | 1.22x | CN¥-42.48 Million |
Industry Comparison
This section compares Suzhou Mingzhi Technology Co. Ltd. A's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,558,798,492
- Average return on equity (ROE) among peers: -38.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Mingzhi Technology Co. Ltd. A (688355) | CN¥1.07 Billion | 22.20% | 0.30x | $108.01 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $200.94 Million | 5.81% | 1.60x | $277.29 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $404.00 Million | 18.26% | 0.78x | $178.45 Million |
| Winstech Precision Hldg Co (001319) | $1.25 Billion | 8.12% | 0.30x | $170.66 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $837.82 Million | 0.67% | 0.46x | $375.34 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.19 Billion | 7.18% | 0.09x | $470.28 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $388.40 Million | 25.00% | 0.57x | $728.01 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $7.46 Billion | -10.76% | 1.40x | $1.77 Billion |
| Dajin Heavy Industry Corp (002487) | $1.64 Billion | 5.64% | 0.47x | $3.68 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $177.70 Million | -431.77% | 9.56x | $293.65 Million |
| Guangzheng Group Co Ltd (002524) | $1.04 Billion | -8.45% | 0.96x | $231.22 Million |