Hefei Jianghang Aircraft Equipment Corporation Ltd (688586) - Net Assets
Based on the latest financial reports, Hefei Jianghang Aircraft Equipment Corporation Ltd (688586) has net assets worth CN¥2.47 Billion CNY (≈ $361.05 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.60 Billion ≈ $527.52 Million USD) and total liabilities (CN¥1.14 Billion ≈ $166.48 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 Hefei Jianghang Aircraft Equipment Corpo liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.47 Billion |
| % of Total Assets | 68.44% |
| Annual Growth Rate | 21.65% |
| 5-Year Change | 29.29% |
| 10-Year Change | N/A |
| Growth Volatility | 64.14 |
Hefei Jianghang Aircraft Equipment Corporation Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hefei Jianghang Aircraft Equipment Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Hefei Jianghang Aircraft Equipment Corpo for the complete picture of this company's asset base.
Annual Net Assets for Hefei Jianghang Aircraft Equipment Corporation Ltd (2016–2024)
The table below shows the annual net assets of Hefei Jianghang Aircraft Equipment Corporation Ltd from 2016 to 2024. For live valuation and market cap data, see market value of Hefei Jianghang Aircraft Equipment Corpo.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.50 Billion ≈ $365.16 Million |
+0.74% |
| 2023-12-31 | CN¥2.48 Billion ≈ $362.47 Million |
+4.92% |
| 2022-12-31 | CN¥2.36 Billion ≈ $345.47 Million |
+13.27% |
| 2021-12-31 | CN¥2.08 Billion ≈ $305.00 Million |
+7.99% |
| 2020-12-31 | CN¥1.93 Billion ≈ $282.44 Million |
+139.96% |
| 2019-12-31 | CN¥804.35 Million ≈ $117.70 Million |
+15.10% |
| 2018-12-31 | CN¥698.79 Million ≈ $102.26 Million |
+143.78% |
| 2017-12-31 | CN¥286.65 Million ≈ $41.95 Million |
-44.90% |
| 2016-12-31 | CN¥520.26 Million ≈ $76.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hefei Jianghang Aircraft Equipment Corporation 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 1220.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥631.69 Million | 25.31% |
| Common Stock | CN¥791.34 Million | 31.71% |
| Other Comprehensive Income | CN¥290.34 Million | 11.63% |
| Other Components | CN¥782.05 Million | 31.34% |
| Total Equity | CN¥2.50 Billion | 100.00% |
Hefei Jianghang Aircraft Equipment Corporation Ltd Competitors by Market Cap
The table below lists competitors of Hefei Jianghang Aircraft Equipment Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
$1.57 Billion |
|
Hillman Solutions Corp
NASDAQ:HLMN
|
$1.57 Billion |
|
Exzeo Group, Inc.
NYSE:XZO
|
$1.57 Billion |
|
Lakeland Financial Corporation
NASDAQ:LKFN
|
$1.57 Billion |
|
Semrush Holdings Inc
NYSE:SEMR
|
$1.57 Billion |
|
Global Brands Manufacture Ltd
TW:6191
|
$1.57 Billion |
|
TKH Group NV
AS:TWEKA
|
$1.57 Billion |
|
Pabrik Kertas Tjiwi Kimia Tbk
JK:TKIM
|
$1.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hefei Jianghang Aircraft Equipment Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,477,052,408 to 2,495,421,481, a change of 18,369,073 (0.7%).
- Net income of 125,396,171 contributed positively to equity growth.
- Dividend payments of 102,980,545 reduced retained earnings.
- Other comprehensive income increased equity by 8,378,806.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥125.40 Million | +5.03% |
| Dividends Paid | CN¥102.98 Million | -4.13% |
| Other Comprehensive Income | CN¥8.38 Million | +0.34% |
| Other Changes | CN¥-12.43 Million | -0.5% |
| Total Change | CN¥- | 0.74% |
Book Value vs Market Value Analysis
This analysis compares Hefei Jianghang Aircraft Equipment Corporation 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: 4.25x
- 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 10.62x to 4.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.27 | CN¥13.52 | x |
| 2017-12-31 | CN¥0.36 | CN¥13.52 | x |
| 2018-12-31 | CN¥0.88 | CN¥13.52 | x |
| 2019-12-31 | CN¥1.02 | CN¥13.52 | x |
| 2020-12-31 | CN¥2.44 | CN¥13.52 | x |
| 2021-12-31 | CN¥2.63 | CN¥13.52 | x |
| 2022-12-31 | CN¥2.98 | CN¥13.52 | x |
| 2023-12-31 | CN¥3.13 | CN¥13.52 | x |
| 2024-12-31 | CN¥3.18 | CN¥13.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hefei Jianghang Aircraft Equipment Corporation 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): 5.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.47%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.45x
- Recent ROE (5.03%) is below the historical average (9.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1.34% | -0.90% | 0.35x | 4.28x | CN¥-58.30 Million |
| 2017 | 21.10% | 8.90% | 0.38x | 6.30x | CN¥31.81 Million |
| 2018 | 10.17% | 10.76% | 0.36x | 2.66x | CN¥1.22 Million |
| 2019 | 14.07% | 16.78% | 0.38x | 2.23x | CN¥32.74 Million |
| 2020 | 10.04% | 23.33% | 0.28x | 1.55x | CN¥868.36K |
| 2021 | 11.09% | 24.25% | 0.27x | 1.67x | CN¥22.73 Million |
| 2022 | 10.33% | 21.88% | 0.31x | 1.53x | CN¥7.90 Million |
| 2023 | 7.79% | 15.90% | 0.34x | 1.45x | CN¥-54.72 Million |
| 2024 | 5.03% | 11.47% | 0.30x | 1.45x | CN¥-124.15 Million |
Industry Comparison
This section compares Hefei Jianghang Aircraft Equipment Corporation Ltd'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 |
|---|---|---|---|---|
| Hefei Jianghang Aircraft Equipment Corporation Ltd (688586) | CN¥2.47 Billion | -1.34% | 0.46x | $1.57 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 Hefei Jianghang Aircraft Equipment Corporation Ltd
Hefei Jianghang Aircraft Equipment Co.,Ltd. manufactures and sells aviation equipment in China. The company is involved in the research, design, testing, production, sales, repair, maintenance, and technical services of aviation oxygen systems, flight crew oxygen systems, aircraft cabin equipment and facilities, emergency oxygen supply devices, engine oxygen supplementation systems, inerting prot… Read more