Neway CNC Equipment Suzhou Co Ltd (688697) - Net Assets
Based on the latest financial reports, Neway CNC Equipment Suzhou Co Ltd (688697) has net assets worth CN¥1.91 Billion CNY (≈ $280.11 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¥4.48 Billion ≈ $655.51 Million USD) and total liabilities (CN¥2.57 Billion ≈ $375.40 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 688697 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.91 Billion |
| % of Total Assets | 42.73% |
| Annual Growth Rate | 26.89% |
| 5-Year Change | 48.88% |
| 10-Year Change | N/A |
| Growth Volatility | 44.65 |
Neway CNC Equipment Suzhou Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Neway CNC Equipment Suzhou Co Ltd's net assets have evolved over time, based on quarterly financial data. See Neway CNC Equipment Suzhou Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Neway CNC Equipment Suzhou Co Ltd (2017–2025)
The table below shows the annual net assets of Neway CNC Equipment Suzhou Co Ltd from 2017 to 2025. For live valuation and market cap data, see 688697 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.85 Billion ≈ $270.38 Million |
+6.36% |
| 2024-12-31 | CN¥1.74 Billion ≈ $254.20 Million |
+8.07% |
| 2023-12-31 | CN¥1.61 Billion ≈ $235.22 Million |
+13.14% |
| 2022-12-31 | CN¥1.42 Billion ≈ $207.91 Million |
+14.48% |
| 2021-12-31 | CN¥1.24 Billion ≈ $181.61 Million |
+148.86% |
| 2020-12-31 | CN¥498.71 Million ≈ $72.98 Million |
+27.95% |
| 2019-12-31 | CN¥389.78 Million ≈ $57.04 Million |
+24.47% |
| 2018-12-31 | CN¥313.15 Million ≈ $45.82 Million |
+13.91% |
| 2017-12-31 | CN¥274.90 Million ≈ $40.23 Million |
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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 82887561222.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥792.59 Million | 42.90% |
| Other Components | CN¥1.06 Billion | 57.10% |
| Total Equity | CN¥1.85 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 |
|---|---|
|
Guangdong Shaoneng Group Co Ltd
SHE:000601
|
$1.03 Billion |
|
ChemoMetec A/S
CO:CHEMM
|
$1.03 Billion |
|
CEVA Inc
NASDAQ:CEVA
|
$1.03 Billion |
|
Banco Products (I) Limited
NSE:BANCOINDIA
|
$1.03 Billion |
|
Idorsia Ltd
SW:IDIA
|
$1.03 Billion |
|
Jiangsu Canlon Building Materials Co Ltd
SHE:300715
|
$1.03 Billion |
|
Empresas Lipigas S.A.
SN:LIPIGAS
|
$1.03 Billion |
|
Accel Entertainment Inc
NYSE:ACEL
|
$1.03 Billion |
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 2024 to 2025, total equity changed from 1,737,161,170 to 1,847,701,970, a change of 110,540,800 (6.4%).
- Net income of 302,638,800 contributed positively to equity growth.
- Dividend payments of 204,336,971 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥302.64 Million | +16.38% |
| Dividends Paid | CN¥204.34 Million | -11.06% |
| Other Changes | CN¥12.24 Million | +0.66% |
| Total Change | CN¥- | 6.36% |
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: 3.82x
- 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 18.25x to 3.82x 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¥0.84 | CN¥15.38 | x |
| 2018-12-31 | CN¥0.90 | CN¥15.38 | x |
| 2019-12-31 | CN¥1.12 | CN¥15.38 | x |
| 2020-12-31 | CN¥1.44 | CN¥15.38 | x |
| 2021-12-31 | CN¥3.37 | CN¥15.38 | x |
| 2022-12-31 | CN¥3.10 | CN¥15.38 | x |
| 2023-12-31 | CN¥3.51 | CN¥15.38 | x |
| 2024-12-31 | CN¥3.82 | CN¥15.38 | x |
| 2025-12-31 | CN¥4.03 | CN¥15.38 | 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): 16.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.46%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.45x
- Recent ROE (16.38%) is below the historical average (16.80%), 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 | 7.63% | 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 |
| 2025 | 16.38% | 10.46% | 0.64x | 2.45x | CN¥117.87 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neway CNC Equipment Suzhou Co Ltd (688697) | CN¥1.91 Billion | 7.63% | 1.34x | $1.03 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About 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