Neway CNC Equipment Suzhou Co Ltd
Neway CNC Equipment (Suzhou) Co., Ltd. engages in the research and development, production, and sale of CNC machine tools in China. It offers slant bed, flat bed, and vertical CNC lathes; vertical and horizontal machinery center products; double column machining center products; and CNC boring machines. The company's products are primarily used in automotive, new energy, aviation, engineering mac… Read more
Neway CNC Equipment Suzhou Co Ltd (688697) - Net Assets
Latest net assets as of September 2025: CN¥1.75 Billion CNY
Based on the latest financial reports, Neway CNC Equipment Suzhou Co Ltd (688697) has net assets worth CN¥1.75 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¥4.36 Billion) and total liabilities (CN¥2.61 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¥1.75 Billion |
| % of Total Assets | 40.08% |
| Annual Growth Rate | 30.13% |
| 5-Year Change | 248.33% |
| 10-Year Change | N/A |
| Growth Volatility | 46.58 |
Neway CNC Equipment Suzhou Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Neway CNC Equipment Suzhou Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neway CNC Equipment Suzhou Co Ltd (2017–2024)
The table below shows the annual net assets of Neway CNC Equipment Suzhou Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.74 Billion | +8.07% |
| 2023-12-31 | CN¥1.61 Billion | +13.14% |
| 2022-12-31 | CN¥1.42 Billion | +14.48% |
| 2021-12-31 | CN¥1.24 Billion | +148.86% |
| 2020-12-31 | CN¥498.71 Million | +27.95% |
| 2019-12-31 | CN¥389.78 Million | +24.47% |
| 2018-12-31 | CN¥313.15 Million | +13.91% |
| 2017-12-31 | CN¥274.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neway CNC Equipment Suzhou Co Ltd'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 75109524621.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥714.81 Million | 41.15% |
| Common Stock | CN¥326.67 Million | 18.80% |
| Other Components | CN¥695.69 Million | 40.05% |
| Total Equity | CN¥1.74 Billion | 100.00% |
Neway CNC Equipment Suzhou Co Ltd Competitors by Market Cap
The table below lists competitors of Neway CNC Equipment Suzhou Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Holystar Information Technology Co. Ltd. A
SHG:688330
|
$394.93 Million |
|
THOUGHTWORKS HLD. DL-001
F:7W8
|
$395.02 Million |
|
Ningbo Dechang Electrical Machinery Made Co Ltd
SHG:605555
|
$395.24 Million |
|
VersaBank
NASDAQ:VBNK
|
$395.25 Million |
|
Shenzhen Exc Led Technology Co Ltd
SHE:300889
|
$394.57 Million |
|
Keeson Technology Corp Ltd
SHG:603610
|
$394.57 Million |
|
Apple Flavor&Fragrance Grp
SHG:603020
|
$394.55 Million |
|
Himalaya Shipping Ltd.
NYSE:HSHP
|
$394.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neway CNC Equipment Suzhou Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,607,471,555 to 1,737,161,170, a change of 129,689,615 (8.1%).
- Net income of 325,155,831 contributed positively to equity growth.
- Dividend payments of 208,398,915 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥325.16 Million | +18.72% |
| Dividends Paid | CN¥208.40 Million | -12.0% |
| Other Changes | CN¥12.93 Million | +0.74% |
| Total Change | CN¥- | 8.07% |
Book Value vs Market Value Analysis
This analysis compares Neway CNC Equipment Suzhou Co Ltd'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: 3.03x
- 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 13.67x to 3.03x 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¥1.18 | CN¥16.12 | x |
| 2018-12-31 | CN¥1.26 | CN¥16.12 | x |
| 2019-12-31 | CN¥1.19 | CN¥16.12 | x |
| 2020-12-31 | CN¥1.53 | CN¥16.12 | x |
| 2021-12-31 | CN¥3.80 | CN¥16.12 | x |
| 2022-12-31 | CN¥4.35 | CN¥16.12 | x |
| 2023-12-31 | CN¥4.92 | CN¥16.12 | x |
| 2024-12-31 | CN¥5.32 | CN¥16.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neway CNC Equipment Suzhou Co Ltd 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): 18.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.21%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.27x
- Recent ROE (18.72%) is above the historical average (16.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.63% | 3.30% | 0.52x | 4.43x | CN¥-6.51 Million |
| 2018 | 19.88% | 6.43% | 0.58x | 5.32x | CN¥30.93 Million |
| 2019 | 15.97% | 6.41% | 0.68x | 3.66x | CN¥23.25 Million |
| 2020 | 20.85% | 8.93% | 0.68x | 3.43x | CN¥54.13 Million |
| 2021 | 13.58% | 9.84% | 0.60x | 2.28x | CN¥44.43 Million |
| 2022 | 18.46% | 14.21% | 0.57x | 2.29x | CN¥120.15 Million |
| 2023 | 19.76% | 13.69% | 0.64x | 2.27x | CN¥156.90 Million |
| 2024 | 18.72% | 13.21% | 0.62x | 2.27x | CN¥151.44 Million |
Industry Comparison
This section compares Neway CNC Equipment Suzhou Co Ltd'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 |
|---|---|---|---|---|
| Neway CNC Equipment Suzhou Co Ltd (688697) | CN¥1.75 Billion | 7.63% | 1.49x | $394.83 Million |
| 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 |