Chengdu XGimi Technology Co. Ltd. A
Xgimi Technology Co.,Ltd. engages in the research and development, production, and sale of multi-functional smart projectors and laser TVs in China and internationally. The company provides home, portable, and laser projectors. It also offers accessories, such as magnetic creative filters, powerbase and floor stands, light gold portable stands, ceiling mounts, multi-angle stands, creative optical… Read more
Chengdu XGimi Technology Co. Ltd. A (688696) - Net Assets
Latest net assets as of September 2025: CN¥2.89 Billion CNY
Based on the latest financial reports, Chengdu XGimi Technology Co. Ltd. A (688696) has net assets worth CN¥2.89 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¥5.44 Billion) and total liabilities (CN¥2.55 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¥2.89 Billion |
| % of Total Assets | 53.17% |
| Annual Growth Rate | 31.74% |
| 5-Year Change | 276.86% |
| 10-Year Change | N/A |
| Growth Volatility | 85.39 |
Chengdu XGimi Technology Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Chengdu XGimi 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 Chengdu XGimi Technology Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Chengdu XGimi Technology Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.95 Billion | -5.58% |
| 2023-12-31 | CN¥3.12 Billion | -0.60% |
| 2022-12-31 | CN¥3.14 Billion | +13.65% |
| 2021-12-31 | CN¥2.76 Billion | +253.34% |
| 2020-12-31 | CN¥781.67 Million | +36.85% |
| 2019-12-31 | CN¥571.20 Million | +29.15% |
| 2018-12-31 | CN¥442.28 Million | +3.43% |
| 2017-12-31 | CN¥427.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chengdu XGimi 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 110331179402.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 35.84% |
| Common Stock | CN¥70.00 Million | 2.38% |
| Other Comprehensive Income | CN¥75.19 Million | 2.56% |
| Other Components | CN¥1.74 Billion | 59.23% |
| Total Equity | CN¥2.94 Billion | 100.00% |
Chengdu XGimi Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Chengdu XGimi Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiandai Investment Co Ltd
SHE:000900
|
$475.65 Million |
|
Gujarat Pipavav Port Limited
NSE:GPPL
|
$475.75 Million |
|
NORMA Group SE
OTCGREY:NOEJF
|
$475.81 Million |
|
MORIMATSU INT.H.C. (HK)
F:1S5
|
$475.81 Million |
|
Georgia Capital PLC
PINK:GRGCF
|
$475.57 Million |
|
Fulgent Sun International Holding Co Ltd
TW:9802
|
$475.45 Million |
|
Chongqing Lummy Pharmaceutical
SHE:300006
|
$475.43 Million |
|
Shanghai Kelai Mechatronics
SHG:603960
|
$475.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu XGimi Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,116,559,453 to 2,942,631,615, a change of -173,927,838 (-5.6%).
- Net income of 120,142,900 contributed positively to equity growth.
- Dividend payments of 24,576,236 reduced retained earnings.
- Share repurchases of 323,189,029 reduced equity.
- Other comprehensive income decreased equity by 50,266,446.
- Other factors increased equity by 103,960,973.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥120.14 Million | +4.08% |
| Dividends Paid | CN¥24.58 Million | -0.84% |
| Share Repurchases | CN¥323.19 Million | -10.98% |
| Other Comprehensive Income | CN¥-50.27 Million | -1.71% |
| Other Changes | CN¥103.96 Million | +3.53% |
| Total Change | CN¥- | -5.58% |
Book Value vs Market Value Analysis
This analysis compares Chengdu XGimi 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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.93x to 2.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥47.40 | CN¥91.30 | x |
| 2018-12-31 | CN¥43.68 | CN¥91.30 | x |
| 2019-12-31 | CN¥8.16 | CN¥91.30 | x |
| 2020-12-31 | CN¥11.17 | CN¥91.30 | x |
| 2021-12-31 | CN¥39.46 | CN¥91.30 | x |
| 2022-12-31 | CN¥44.86 | CN¥91.30 | x |
| 2023-12-31 | CN¥44.48 | CN¥91.30 | x |
| 2024-12-31 | CN¥42.86 | CN¥91.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu XGimi 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): 4.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.53%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.81x
- Recent ROE (4.08%) is below the historical average (19.06%), 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 | 21.44% | 7.78% | 1.69x | 1.63x | CN¥48.90 Million |
| 2018 | 38.81% | 10.19% | 1.96x | 1.94x | CN¥127.42 Million |
| 2019 | 16.35% | 4.41% | 1.55x | 2.39x | CN¥36.29 Million |
| 2020 | 34.39% | 9.51% | 1.14x | 3.17x | CN¥190.64 Million |
| 2021 | 17.51% | 11.97% | 0.79x | 1.86x | CN¥207.31 Million |
| 2022 | 16.00% | 11.88% | 0.80x | 1.69x | CN¥188.00 Million |
| 2023 | 3.87% | 3.39% | 0.64x | 1.79x | CN¥-191.15 Million |
| 2024 | 4.08% | 3.53% | 0.64x | 1.81x | CN¥-174.12 Million |
Industry Comparison
This section compares Chengdu XGimi Technology Co. Ltd. A's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,417,864,350
- Average return on equity (ROE) among peers: 17.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu XGimi Technology Co. Ltd. A (688696) | CN¥2.89 Billion | 21.44% | 0.88x | $475.58 Million |
| Konka Group Co Ltd (000016) | $803.11 Million | 33.00% | 2.14x | $834.83 Million |
| Tianma Microelectronics Co Ltd (000050) | $13.25 Billion | 4.19% | 0.63x | $1.46 Billion |
| Guangdong Goworld Co Ltd (000823) | $189.06 Million | 29.67% | 0.83x | $782.76 Million |
| Soyea Technology Co Ltd (000909) | $619.17 Million | 3.70% | 3.31x | $199.78 Million |
| Guangdong AVCiT Tech Hldg Co (001229) | $332.60 Million | 29.11% | 0.18x | $166.04 Million |
| Emdoor Information Co. Ltd. A (001314) | $183.39 Million | 3.34% | 1.39x | $345.23 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $2.26 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $119.38 Million | 29.15% | 0.90x | $150.39 Million |
| Goertek Inc (002241) | $1.71 Billion | 16.17% | 0.92x | $7.92 Billion |
| Edifier Technology Co Ltd (002351) | $2.23 Billion | 14.12% | 0.20x | $640.66 Million |