UTIMES ORD A (SHH) EQSW Exp:
Shenzhen UTIMES Intelligent Equipment Co., Ltd. develops, manufactures, and sells lithium and consumer batteries equipment in China and internationally. The company offers lithium battery manufacturing equipment, including lithium battery coating, liquid injection, helium inspection, uncoiling furnace, hot pressing and shaping, mylar coating, and shell insertion equipment. It also provides intell… Read more
UTIMES ORD A (SHH) EQSW Exp: (688638) - Net Assets
Latest net assets as of June 2025: CN¥946.73 Million CNY
Based on the latest financial reports, UTIMES ORD A (SHH) EQSW Exp: (688638) has net assets worth CN¥946.73 Million 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¥2.54 Billion) and total liabilities (CN¥1.59 Billion). 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¥946.73 Million |
| % of Total Assets | 37.27% |
| Annual Growth Rate | 66.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 122.3 |
UTIMES ORD A (SHH) EQSW Exp: - Net Assets Trend (2021–2024)
This chart illustrates how UTIMES ORD A (SHH) EQSW Exp:'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for UTIMES ORD A (SHH) EQSW Exp: (2021–2024)
The table below shows the annual net assets of UTIMES ORD A (SHH) EQSW Exp: from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.02 Billion | -8.46% |
| 2023-12-31 | CN¥1.12 Billion | +270.32% |
| 2022-12-31 | CN¥301.62 Million | +35.96% |
| 2021-12-31 | CN¥221.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to UTIMES ORD A (SHH) EQSW Exp:'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 decreased by 56.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥12.49 Million | 1.29% |
| Other Components | CN¥958.56 Million | 98.71% |
| Total Equity | CN¥971.05 Million | 100.00% |
UTIMES ORD A (SHH) EQSW Exp: Competitors by Market Cap
The table below lists competitors of UTIMES ORD A (SHH) EQSW Exp: ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polaryx Therapeutics, Inc. Common Stock
NASDAQ:PLYX
|
$54.44K |
|
Black Sea Property PLC Ordinary Shares
TA:BSP
|
$54.45K |
|
Ceylon Tobacco Company PLC
CM:CTCN0000
|
$54.47K |
|
CJ Bioscience Inc.
KO:311690
|
$54.51K |
|
Edri-El
TA:EDRL
|
$54.38K |
|
AMG Acquisition Corp
V:AMG-P
|
$54.31K |
|
XTC Lithium Limited
AU:XTC
|
$54.27K |
|
TOHO ZINC CO LTD
BE:T62
|
$54.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UTIMES ORD A (SHH) EQSW Exp:'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,118,880,716 to 971,048,137, a change of -147,832,578 (-13.2%).
- Net loss of 127,987,546 reduced equity.
- Dividend payments of 10,839,888 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-127.99 Million | -13.18% |
| Dividends Paid | CN¥10.84 Million | -1.12% |
| Other Changes | CN¥-9.01 Million | -0.93% |
| Total Change | CN¥- | -13.21% |
Book Value vs Market Value Analysis
This analysis compares UTIMES ORD A (SHH) EQSW Exp:'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: 2.35x
- 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 7.70x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥5.29 | CN¥40.72 | x |
| 2022-12-31 | CN¥7.21 | CN¥40.72 | x |
| 2023-12-31 | CN¥19.98 | CN¥40.72 | x |
| 2024-12-31 | CN¥17.34 | CN¥40.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UTIMES ORD A (SHH) EQSW Exp: 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): -13.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.27%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.23x
- Recent ROE (-13.18%) is below the historical average (10.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 24.43% | 14.53% | 0.34x | 4.99x | CN¥32.03 Million |
| 2022 | 24.97% | 10.59% | 0.40x | 5.94x | CN¥45.33 Million |
| 2023 | 5.02% | 5.02% | 0.54x | 1.84x | CN¥-55.75 Million |
| 2024 | -13.18% | -25.27% | 0.23x | 2.23x | CN¥-225.09 Million |
Industry Comparison
This section compares UTIMES ORD A (SHH) EQSW Exp:'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UTIMES ORD A (SHH) EQSW Exp: (688638) | CN¥946.73 Million | 24.43% | 1.68x | $54.39K |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |