Chengdu XGimi Technology Co. Ltd. A (688696) - Net Assets
Based on the latest financial reports, Chengdu XGimi Technology Co. Ltd. A (688696) has net assets worth CN¥2.99 Billion CNY (≈ $437.14 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.61 Billion ≈ $820.31 Million USD) and total liabilities (CN¥2.62 Billion ≈ $383.17 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. Also explore Chengdu XGimi Technology Co. Ltd. A (688696) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.99 Billion |
| % of Total Assets | 53.29% |
| Annual Growth Rate | 27.7% |
| 5-Year Change | 9.46% |
| 10-Year Change | N/A |
| Growth Volatility | 81.22 |
Chengdu XGimi Technology Co. Ltd. A - Net Assets Trend (2017–2025)
This chart illustrates how Chengdu XGimi Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Chengdu XGimi Technology Co. Ltd. A to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Chengdu XGimi Technology Co. Ltd. A (2017–2025)
The table below shows the annual net assets of Chengdu XGimi Technology Co. Ltd. A from 2017 to 2025. For live valuation and market cap data, see Chengdu XGimi Technology Co. Ltd. A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.02 Billion ≈ $442.41 Million |
+2.63% |
| 2024-12-31 | CN¥2.95 Billion ≈ $431.06 Million |
-5.58% |
| 2023-12-31 | CN¥3.12 Billion ≈ $456.56 Million |
-0.60% |
| 2022-12-31 | CN¥3.14 Billion ≈ $459.32 Million |
+13.65% |
| 2021-12-31 | CN¥2.76 Billion ≈ $404.16 Million |
+253.34% |
| 2020-12-31 | CN¥781.67 Million ≈ $114.38 Million |
+36.85% |
| 2019-12-31 | CN¥571.20 Million ≈ $83.58 Million |
+29.15% |
| 2018-12-31 | CN¥442.28 Million ≈ $64.72 Million |
+3.43% |
| 2017-12-31 | CN¥427.61 Million ≈ $62.57 Million |
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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 124675814117.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.20 Billion | 39.65% |
| Other Components | CN¥1.82 Billion | 60.35% |
| Total Equity | CN¥3.02 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 |
|---|---|
|
Beijing Fengshangshiji Culture Medi
SHE:300860
|
$667.35 Million |
|
Jiangsu Huaxicun Co Ltd
SHE:000936
|
$667.71 Million |
|
Stratasys Ltd
NASDAQ:SSYS
|
$668.11 Million |
|
Haoxiangni Jujube Co Ltd
SHE:002582
|
$668.24 Million |
|
R&G PharmaStudies Co. Ltd. A
SHE:301333
|
$667.07 Million |
|
Zhejiang Zanyu Technology Co Ltd
SHE:002637
|
$667.01 Million |
|
China Television Media Ltd
SHG:600088
|
$666.94 Million |
|
Beijing SPC Environment Protection Tech Co Ltd
SHE:002573
|
$666.86 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 2024 to 2025, total equity changed from 2,942,631,615 to 3,021,791,238, a change of 79,159,623 (2.7%).
- Net income of 143,272,600 contributed positively to equity growth.
- Dividend payments of 3,870,913 reduced retained earnings.
- Other comprehensive income decreased equity by 75,193,368.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥143.27 Million | +4.74% |
| Dividends Paid | CN¥3.87 Million | -0.13% |
| Other Comprehensive Income | CN¥-75.19 Million | -2.49% |
| Other Changes | CN¥14.95 Million | +0.49% |
| Total Change | CN¥- | 2.69% |
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: 1.45x
- 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 8.01x to 1.45x 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¥8.13 | CN¥65.13 | x |
| 2018-12-31 | CN¥8.43 | CN¥65.13 | x |
| 2019-12-31 | CN¥13.41 | CN¥65.13 | x |
| 2020-12-31 | CN¥14.89 | CN¥65.13 | x |
| 2021-12-31 | CN¥41.19 | CN¥65.13 | x |
| 2022-12-31 | CN¥44.76 | CN¥65.13 | x |
| 2023-12-31 | CN¥44.48 | CN¥65.13 | x |
| 2024-12-31 | CN¥42.86 | CN¥65.13 | x |
| 2025-12-31 | CN¥44.92 | CN¥65.13 | 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): 4.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.13%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.86x
- Recent ROE (4.74%) is below the historical average (17.46%), 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 |
| 2025 | 4.74% | 4.13% | 0.62x | 1.86x | CN¥-158.91 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: $2,747,342,413
- Average return on equity (ROE) among peers: 12.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu XGimi Technology Co. Ltd. A (688696) | CN¥2.99 Billion | 21.44% | 0.88x | $667.33 Million |
| Konka Group Co Ltd (000016) | $4.11 Billion | 3.68% | 2.30x | $595.76 Million |
| Tianma Microelectronics Co Ltd (000050) | $194.44 Million | 23.77% | 1.14x | $2.31 Billion |
| Guangdong Goworld Co Ltd (000823) | $3.34 Billion | 5.61% | 0.41x | $1.10 Billion |
| Soyea Technology Co Ltd (000909) | $200.54 Million | 24.39% | 2.21x | $279.26 Million |
| Guoguang Electric Co Ltd (002045) | $1.99 Billion | 2.02% | 1.43x | $688.10 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $4.95 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $822.15 Million | 0.77% | 0.63x | $221.20 Million |
| Goertek Inc (002241) | $9.50 Billion | 13.17% | 1.03x | $12.01 Billion |
| Edifier Technology Co Ltd (002351) | $2.07 Billion | 13.34% | 0.26x | $1.35 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $514.26 Million | 26.08% | 3.23x | $323.79 Million |
About 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 stands, cases, remotes, cables and adapters, 3D glasses, and other products. The company sells its products through e-commerce platform… Read more