Jiangsu Maixinlin Aviation Science & Technology Corp. A (688685) - Net Assets
Based on the latest financial reports, Jiangsu Maixinlin Aviation Science & Technology Corp. A (688685) has net assets worth CN¥916.91 Million CNY (≈ $134.17 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¥3.03 Billion ≈ $442.91 Million USD) and total liabilities (CN¥2.11 Billion ≈ $308.74 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 asset resilience ratio of Jiangsu Maixinlin Aviation Science & Tec to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Jiangsu Maixinlin Aviation Science & Tec for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 688685 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥798.97 Million ≈ $116.91 Million |
+13.70% |
| 2023-12-31 | CN¥702.70 Million ≈ $102.83 Million |
-3.24% |
| 2022-12-31 | CN¥726.23 Million ≈ $106.27 Million |
+5.97% |
| 2021-12-31 | CN¥685.31 Million ≈ $100.28 Million |
+58.84% |
| 2020-12-31 | CN¥431.45 Million ≈ $63.13 Million |
+14.45% |
| 2019-12-31 | CN¥376.99 Million ≈ $55.17 Million |
+54.60% |
| 2018-12-31 | CN¥243.85 Million ≈ $35.68 Million |
+9.86% |
| 2017-12-31 | CN¥221.97 Million ≈ $32.48 Million |
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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.
| Company | Market Cap |
|---|---|
|
MPC Container Ships ASA
OL:MPCC
|
$1.09 Billion |
|
Aussie Broadband Ltd
AU:ABB
|
$1.09 Billion |
|
tonies SE
F:TNIE
|
$1.09 Billion |
|
Sharda Cropchem Limited
NSE:SHARDACROP
|
$1.09 Billion |
|
Sihui Fuji Electronics Technology Co Ltd
SHE:300852
|
$1.09 Billion |
|
Rastar Environmental Protection Materials Co.Ltd.
SHE:300834
|
$1.09 Billion |
|
Safety Insurance Group Inc
NASDAQ:SAFT
|
$1.09 Billion |
|
CHINA FOODS UNSP.ADR/20
F:CFH0
|
$1.09 Billion |
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: 10.07x
- 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 15.70x to 10.07x 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¥50.79 | x |
| 2018-12-31 | CN¥2.34 | CN¥50.79 | x |
| 2019-12-31 | CN¥3.66 | CN¥50.79 | x |
| 2020-12-31 | CN¥3.80 | CN¥50.79 | x |
| 2021-12-31 | CN¥5.12 | CN¥50.79 | x |
| 2022-12-31 | CN¥4.88 | CN¥50.79 | x |
| 2023-12-31 | CN¥4.54 | CN¥50.79 | x |
| 2024-12-31 | CN¥5.04 | CN¥50.79 | 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: $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 |
|---|---|---|---|---|
| Jiangsu Maixinlin Aviation Science & Technology Corp. A (688685) | CN¥916.91 Million | 7.73% | 2.30x | $1.09 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 Jiangsu Maixinlin Aviation Science & Technology Corp. A
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.