Jiangsu Maixinlin Aviation Science & Technology Corp. A

SHG:688685 China Aerospace & Defense
Market Cap
$943.49 Million
CN¥6.92 Billion CNY
Market Cap Rank
#10052 Global
#2159 in China
Share Price
CN¥47.14
Change (1 day)
-3.30%
52-Week Range
CN¥43.88 - CN¥67.85
All Time High
CN¥69.25
About

Jiangsu Maixinlin Aviation Science and Technology Corp. manufactures and sells aircraft, engine, landing gear, medium and large structural, precision steel parts, fasteners, and components in China. The company offers processing and testing equipment. Jiangsu Maixinlin Aviation Science and Technology Corp. was founded in 2010 and is based in Suzhou, China.

Jiangsu Maixinlin Aviation Science & Technology Corp. A (688685) - Net Assets

Latest net assets as of September 2025: CN¥916.91 Million CNY

Based on the latest financial reports, Jiangsu Maixinlin Aviation Science & Technology Corp. A (688685) has net assets worth CN¥916.91 Million 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¥3.03 Billion) and total liabilities (CN¥2.11 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¥916.91 Million
% of Total Assets 30.29%
Annual Growth Rate 20.08%
5-Year Change 85.18%
10-Year Change N/A
Growth Volatility 22.64

Jiangsu Maixinlin Aviation Science & Technology Corp. A - Net Assets Trend (2017–2024)

This chart illustrates how Jiangsu Maixinlin Aviation Science & Technology Corp. 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 Jiangsu Maixinlin Aviation Science & Technology Corp. A (2017–2024)

The table below shows the annual net assets of Jiangsu Maixinlin Aviation Science & Technology Corp. A from 2017 to 2024.

Year Net Assets Change
2024-12-31 CN¥798.97 Million +13.70%
2023-12-31 CN¥702.70 Million -3.24%
2022-12-31 CN¥726.23 Million +5.97%
2021-12-31 CN¥685.31 Million +58.84%
2020-12-31 CN¥431.45 Million +14.45%
2019-12-31 CN¥376.99 Million +54.60%
2018-12-31 CN¥243.85 Million +9.86%
2017-12-31 CN¥221.97 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Maixinlin Aviation Science & Technology Corp. 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 1427.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥182.97 Million 24.69%
Common Stock CN¥145.43 Million 19.62%
Other Comprehensive Income CN¥41.49 Million 5.60%
Other Components CN¥371.24 Million 50.09%
Total Equity CN¥741.13 Million 100.00%

Jiangsu Maixinlin Aviation Science & Technology Corp. A Competitors by Market Cap

The table below lists competitors of Jiangsu Maixinlin Aviation Science & Technology Corp. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Maixinlin Aviation Science & Technology Corp. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 692,032,884 to 741,130,687, a change of 49,097,803 (7.1%).
  • Net income of 45,542,954 contributed positively to equity growth.
  • Dividend payments of 24,638,663 reduced retained earnings.
  • Other comprehensive income increased equity by 12,943,002.
  • Other factors increased equity by 15,250,510.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥45.54 Million +6.15%
Dividends Paid CN¥24.64 Million -3.32%
Other Comprehensive Income CN¥12.94 Million +1.75%
Other Changes CN¥15.25 Million +2.06%
Total Change CN¥- 7.09%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Maixinlin Aviation Science & Technology Corp. 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: 9.34x
  • 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 14.57x to 9.34x 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¥3.24 CN¥47.14 x
2018-12-31 CN¥2.34 CN¥47.14 x
2019-12-31 CN¥3.66 CN¥47.14 x
2020-12-31 CN¥3.80 CN¥47.14 x
2021-12-31 CN¥5.12 CN¥47.14 x
2022-12-31 CN¥4.88 CN¥47.14 x
2023-12-31 CN¥4.54 CN¥47.14 x
2024-12-31 CN¥5.04 CN¥47.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Maixinlin Aviation Science & Technology Corp. 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): 6.15%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.55%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 2.93x
  • Recent ROE (6.15%) is below the historical average (7.82%), 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 7.73% 15.24% 0.36x 1.42x CN¥-4.77 Million
2018 8.86% 11.19% 0.54x 1.47x CN¥-2.63 Million
2019 11.65% 16.92% 0.39x 1.76x CN¥5.97 Million
2020 12.36% 17.74% 0.44x 1.60x CN¥9.77 Million
2021 7.66% 15.89% 0.37x 1.30x CN¥-15.57 Million
2022 5.99% 13.11% 0.36x 1.27x CN¥-28.49 Million
2023 2.20% 5.19% 0.34x 1.25x CN¥-53.96 Million
2024 6.15% 9.55% 0.22x 2.93x CN¥-28.57 Million

Industry Comparison

This section compares Jiangsu Maixinlin Aviation Science & Technology Corp. A's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $1,905,739,972
  • Average return on equity (ROE) among peers: 11.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Maixinlin Aviation Science & Technology Corp. A (688685) CN¥916.91 Million 7.73% 2.30x $523.76 Million
Shaanxi Ligeance Mineral Resources Co Ltd (000697) $102.23 Million 20.95% 1.61x $576.57 Million
Aecc Aero Engine Control Co Ltd (000738) $5.67 Billion 4.58% 0.28x $1.93 Billion
Zhejiang XiaSha Precision (001316) $476.25 Million 27.15% 0.22x $218.15 Million
Sichuan Haite High-tech Co Ltd (002023) $175.19 Million 19.07% 0.67x $850.82 Million
Aerospace CH UAV Co Ltd (002389) $6.37 Billion 3.80% 0.25x $1.81 Billion
Kuang Chi Technologies Co Ltd (002625) $602.65 Million 10.94% 0.23x $8.62 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.43 Billion -4.03% 0.22x $429.19 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $910.30 Million 16.48% 0.19x $833.21 Million
Shaanxi Zhongtian Rocket Technology  (003009) $421.86 Million 7.68% 1.25x $416.06 Million
Bestway Marine & Energy Technology Co Ltd (300008) $2.90 Billion 5.59% 0.31x $1.63 Billion