SEC Electric Mach Co Ltd (603988) — Net Asset Momentum

Latest YoY growth as of December 2024: -3.5%

SEC Electric Mach Co Ltd (603988) recorded a net asset momentum of -3.5% as of December 2024, with net assets of CN¥641.39 Million CNY. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See how many days can SEC Electric Mach Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

YoY Momentum

-3.5%
Year-over-year

Current Net Assets

CN¥641.39 Million
CNY · December 2024

Years of Data

14
2011 – 2024

Country

China
SHG

SEC Electric Mach Co Ltd Net Asset Momentum (2011–2024)

This chart tracks SEC Electric Mach Co Ltd's year-over-year net asset growth across 14 annual reporting periods from 2011 to 2024. The most recent momentum reading is -3.5%, with net assets of CN¥641.39 Million CNY as of December 2024. Read 603988 current and long-term liabilities for a breakdown of total debt and financial obligations.

Annual Net Asset History for SEC Electric Mach Co Ltd (2011–2024)

The table below shows the complete annual net asset history for SEC Electric Mach Co Ltd from 2011 to 2024, covering 14 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see 603988 company net worth.

Year Net Assets (CNY) Total Assets Total Liabilities YoY Momentum
2024 CN¥641.39 Million CN¥1.12 Billion CN¥474.68 Million ▼ -3.5%
2023 CN¥664.59 Million CN¥1.11 Billion CN¥447.25 Million ▲ +4.9%
2022 CN¥633.31 Million CN¥1.18 Billion CN¥545.39 Million ▲ +7.0%
2021 CN¥591.73 Million CN¥1.21 Billion CN¥615.91 Million ▼ -21.8%
2020 CN¥756.68 Million CN¥1.27 Billion CN¥508.86 Million ▲ +8.9%
2019 CN¥694.84 Million CN¥1.05 Billion CN¥359.06 Million ▲ +3.4%
2018 CN¥671.92 Million CN¥959.75 Million CN¥287.83 Million ▲ +0.7%
2017 CN¥667.13 Million CN¥908.33 Million CN¥241.20 Million ▲ +3.3%
2016 CN¥646.05 Million CN¥835.87 Million CN¥189.83 Million ▲ +1.6%
2015 CN¥635.75 Million CN¥806.44 Million CN¥170.68 Million ▲ +4.4%
2014 CN¥608.98 Million CN¥801.30 Million CN¥192.31 Million ▲ +111.9%
2013 CN¥287.42 Million CN¥535.33 Million CN¥247.90 Million ▲ +26.3%
2012 CN¥227.58 Million CN¥471.59 Million CN¥244.00 Million ▲ +30.2%
2011 CN¥174.79 Million CN¥492.44 Million CN¥317.65 Million