Sinotruk (Hong Kong) Limited (4SK) - Net Assets
Based on the latest financial reports, Sinotruk (Hong Kong) Limited (4SK) has net assets worth €53.21 Billion EUR (≈ $62.21 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€153.13 Billion ≈ $179.02 Billion USD) and total liabilities (€99.91 Billion ≈ $116.81 Billion 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 Sinotruk (Hong Kong) Limited balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €53.21 Billion |
| % of Total Assets | 34.75% |
| Annual Growth Rate | 8.14% |
| 5-Year Change | 24.42% |
| 10-Year Change | 138.21% |
| Growth Volatility | 6.23 |
Sinotruk (Hong Kong) Limited - Net Assets Trend (2013–2025)
This chart illustrates how Sinotruk (Hong Kong) Limited's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Sinotruk (Hong Kong) Limited to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sinotruk (Hong Kong) Limited (2013–2025)
The table below shows the annual net assets of Sinotruk (Hong Kong) Limited from 2013 to 2025. For live valuation and market cap data, see Sinotruk (Hong Kong) Limited (4SK) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €53.21 Billion ≈ $62.21 Billion |
+8.26% |
| 2024-12-31 | €49.15 Billion ≈ $57.46 Billion |
+2.49% |
| 2023-12-31 | €47.96 Billion ≈ $56.07 Billion |
+11.62% |
| 2022-12-31 | €42.97 Billion ≈ $50.23 Billion |
+0.47% |
| 2021-12-31 | €42.77 Billion ≈ $50.00 Billion |
+19.87% |
| 2020-12-31 | €35.68 Billion ≈ $41.71 Billion |
+17.26% |
| 2019-12-31 | €30.43 Billion ≈ $35.57 Billion |
+7.41% |
| 2018-12-31 | €28.33 Billion ≈ $33.12 Billion |
+11.39% |
| 2017-12-31 | €25.43 Billion ≈ $29.73 Billion |
+13.84% |
| 2016-12-31 | €22.34 Billion ≈ $26.12 Billion |
+2.87% |
| 2015-12-31 | €21.72 Billion ≈ $25.39 Billion |
+2.21% |
| 2014-12-31 | €21.25 Billion ≈ $24.84 Billion |
+2.09% |
| 2013-12-31 | €20.81 Billion ≈ $24.33 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Sinotruk (Hong Kong) Limited'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 400.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.77 Billion | 52.84% |
| Other Components | €21.22 Billion | 47.16% |
| Total Equity | €44.99 Billion | 100.00% |
Sinotruk (Hong Kong) Limited Competitors by Market Cap
The table below lists competitors of Sinotruk (Hong Kong) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Phison Electronics
TWO:8299
|
$11.38 Billion |
|
Fox Corp Class B
NASDAQ:FOX
|
$11.38 Billion |
|
Metso Oyj
HE:METSO
|
$11.39 Billion |
|
MILLICOM INTL CELL. DL15
F:M4M1
|
$11.39 Billion |
|
Jindal Steel & Power Limited
NSE:JINDALSTEL
|
$11.37 Billion |
|
SEI Investments Company
NASDAQ:SEIC
|
$11.37 Billion |
|
Nova Ltd
TA:NVMI
|
$11.36 Billion |
|
ACCOR SP.ADR NEW 1/5/O.N
F:ACR1
|
$11.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinotruk (Hong Kong) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 41,160,516,000 to 44,990,219,000, a change of 3,829,703,000 (9.3%).
- Net income of 7,019,303,000 contributed positively to equity growth.
- Dividend payments of 3,277,770,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.02 Billion | +15.6% |
| Dividends Paid | €3.28 Billion | -7.29% |
| Other Changes | €88.17 Million | +0.2% |
| Total Change | €- | 9.30% |
Book Value vs Market Value Analysis
This analysis compares Sinotruk (Hong Kong) Limited'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: 0.24x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.48x to 0.24x 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 | €8.24 | €3.98 | x |
| 2018-12-31 | €9.23 | €3.98 | x |
| 2019-12-31 | €9.87 | €3.98 | x |
| 2020-12-31 | €11.63 | €3.98 | x |
| 2021-12-31 | €12.92 | €3.98 | x |
| 2022-12-31 | €13.01 | €3.98 | x |
| 2023-12-31 | €14.59 | €3.98 | x |
| 2024-12-31 | €14.91 | €3.98 | x |
| 2025-12-31 | €16.29 | €3.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinotruk (Hong Kong) Limited 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): 15.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.41%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 3.40x
- Recent ROE (15.60%) is above the historical average (10.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.44% | 0.89% | 0.67x | 2.42x | €-1.62 Billion |
| 2014 | 2.13% | 1.24% | 0.74x | 2.31x | €-1.51 Billion |
| 2015 | 1.06% | 0.73% | 0.67x | 2.19x | €-1.73 Billion |
| 2016 | 2.67% | 1.61% | 0.67x | 2.49x | €-1.46 Billion |
| 2017 | 13.28% | 5.45% | 0.91x | 2.69x | €747.28 Million |
| 2018 | 17.05% | 7.03% | 1.00x | 2.42x | €1.80 Billion |
| 2019 | 12.23% | 5.36% | 0.94x | 2.42x | €607.69 Million |
| 2020 | 21.33% | 6.98% | 0.88x | 3.46x | €3.64 Billion |
| 2021 | 12.12% | 4.63% | 0.87x | 3.00x | €754.96 Million |
| 2022 | 5.00% | 3.03% | 0.56x | 2.94x | €-1.79 Billion |
| 2023 | 13.21% | 6.22% | 0.70x | 3.02x | €1.29 Billion |
| 2024 | 14.23% | 6.16% | 0.73x | 3.15x | €1.74 Billion |
| 2025 | 15.60% | 6.41% | 0.72x | 3.40x | €2.52 Billion |
Industry Comparison
This section compares Sinotruk (Hong Kong) Limited's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $91,193,023,719
- Average return on equity (ROE) among peers: 7.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinotruk (Hong Kong) Limited (4SK) | €53.21 Billion | 1.44% | 1.88x | $11.38 Billion |
| TAT HONG EQ.SRV. DL-08 (1Q2) | $1.30 Billion | -9.26% | 1.39x | $93.35 Million |
| Zoomlion Heavy Industry Science and Technology Co. Ltd (8CZ) | $42.05 Billion | 9.13% | 1.13x | $1.40 Billion |
| Traton SE (8TRA) | $13.45 Billion | 3.40% | 3.10x | $16.49 Billion |
| Lonking Holdings Limited (C9IB) | $10.09 Billion | 19.41% | 0.71x | $1.51 Billion |
| Daimler Truck Holding AG (DTG) | $20.61 Billion | 12.93% | 2.10x | $30.60 Billion |
| DAIMLER TRUCK SP.ADS/1/2 (DTG1) | $20.61 Billion | 12.93% | 2.10x | $30.57 Billion |
| First Tractor Company Limited (FTP) | $5.98 Billion | 7.33% | 1.06x | $403.23 Million |
| HITACHI CONSTR.MACH.ADR/2 (HCMA) | $701.04 Billion | 10.01% | 1.32x | $7.15 Billion |
| Kion Group AG (KGX) | $5.61 Billion | 1.75% | 1.95x | $6.11 Billion |
About Sinotruk (Hong Kong) Limited
Sinotruk (Hong Kong) Limited, an investment holding company, engages in the research, development, and manufacture of heavy-duty trucks (HDT), medium-heavy duty trucks, light-duty trucks (LDT), and related parts and components in Mainland China and internationally. It operates through three segments: Heavy Duty Trucks, Light Duty Trucks and Others, and Finance. The company offers HDTs under the S… Read more