Sun Art Retail Group Limited (SRI) - Net Assets
Based on the latest financial reports, Sun Art Retail Group Limited (SRI) has net assets worth €20.43 Billion EUR (≈ $23.88 Billion USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€55.97 Billion ≈ $65.44 Billion USD) and total liabilities (€35.55 Billion ≈ $41.56 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. Check SRI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €20.43 Billion |
| % of Total Assets | 36.5% |
| Annual Growth Rate | 0.48% |
| 5-Year Change | -26.66% |
| 10-Year Change | -5.54% |
| Growth Volatility | 6.68 |
Sun Art Retail Group Limited - Net Assets Trend (2013–2024)
This chart illustrates how Sun Art Retail Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Sun Art Retail Group Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Sun Art Retail Group Limited (2013–2024)
The table below shows the annual net assets of Sun Art Retail Group Limited from 2013 to 2024. For live valuation and market cap data, see SRI stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €20.43 Billion ≈ $23.88 Billion |
-6.27% |
| 2023-12-31 | €21.79 Billion ≈ $25.48 Billion |
-9.93% |
| 2022-12-31 | €24.20 Billion ≈ $28.29 Billion |
-3.47% |
| 2021-12-31 | €25.07 Billion ≈ $29.30 Billion |
-10.01% |
| 2020-12-31 | €27.85 Billion ≈ $32.56 Billion |
+9.84% |
| 2019-12-31 | €25.36 Billion ≈ $29.65 Billion |
+1.02% |
| 2018-12-31 | €25.10 Billion ≈ $29.35 Billion |
+6.59% |
| 2017-12-31 | €23.55 Billion ≈ $27.53 Billion |
+3.24% |
| 2016-12-31 | €22.81 Billion ≈ $26.67 Billion |
+5.47% |
| 2015-12-31 | €21.63 Billion ≈ $25.28 Billion |
+5.24% |
| 2014-12-31 | €20.55 Billion ≈ $24.03 Billion |
+6.03% |
| 2013-12-31 | €19.38 Billion ≈ $22.66 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Sun Art Retail Group 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 decreased by 2.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.33 Billion | 31.49% |
| Other Components | €13.77 Billion | 68.51% |
| Total Equity | €20.09 Billion | 100.00% |
Sun Art Retail Group Limited Competitors by Market Cap
The table below lists competitors of Sun Art Retail Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wonik Holdings Co. Ltd
KQ:030530
|
$1.70 Billion |
|
Thermon Group Holdings Inc
NYSE:THR
|
$1.70 Billion |
|
Dürr Aktiengesellschaft
F:DUE
|
$1.70 Billion |
|
Lithium Americas Corp
TO:LAC
|
$1.70 Billion |
|
Predictive Discovery Ltd
AU:PDI
|
$1.70 Billion |
|
Xiamen Wanli Stone Stock Co Ltd
SHE:002785
|
$1.70 Billion |
|
Zhejiang Sanwei Rubber Item Co
SHG:603033
|
$1.70 Billion |
|
Bolsas y Mercados Argentinos SA
BA:BYMA
|
$1.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sun Art Retail Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,403,000,000 to 20,094,000,000, a change of -1,309,000,000 (-6.1%).
- Net income of 405,000,000 contributed positively to equity growth.
- Dividend payments of 1,702,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €405.00 Million | +2.02% |
| Dividends Paid | €1.70 Billion | -8.47% |
| Other Changes | €-12.00 Million | -0.06% |
| Total Change | €- | -6.12% |
Book Value vs Market Value Analysis
This analysis compares Sun Art Retail Group 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: 0.07x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.34 | €0.15 | x |
| 2018-12-31 | €2.48 | €0.15 | x |
| 2019-12-31 | €2.51 | €0.15 | x |
| 2020-12-31 | €2.75 | €0.15 | x |
| 2021-12-31 | €2.51 | €0.15 | x |
| 2022-12-31 | €2.47 | €0.15 | x |
| 2023-12-31 | €2.24 | €0.15 | x |
| 2024-12-31 | €2.11 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sun Art Retail Group 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): 2.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.57%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 2.79x
- Recent ROE (2.02%) is below the historical average (7.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.80% | 3.22% | 1.73x | 2.66x | €900.20 Million |
| 2014 | 14.73% | 3.16% | 1.75x | 2.67x | €930.90 Million |
| 2015 | 11.78% | 2.53% | 1.74x | 2.68x | €368.40 Million |
| 2016 | 11.80% | 2.56% | 1.66x | 2.77x | €392.50 Million |
| 2017 | 12.52% | 2.73% | 1.71x | 2.68x | €561.50 Million |
| 2018 | 10.94% | 2.60% | 1.61x | 2.61x | €221.50 Million |
| 2019 | 11.85% | 2.97% | 1.34x | 2.98x | €441.50 Million |
| 2021 | -3.08% | -0.84% | 1.34x | 2.74x | €-3.13 Billion |
| 2022 | 0.46% | 0.13% | 1.30x | 2.73x | €-2.24 Billion |
| 2023 | -7.50% | -2.21% | 1.20x | 2.84x | €-3.75 Billion |
| 2024 | 2.02% | 0.57% | 1.28x | 2.79x | €-1.60 Billion |
Industry Comparison
This section compares Sun Art Retail Group Limited's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $6,652,590,500
- Average return on equity (ROE) among peers: -1.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sun Art Retail Group Limited (SRI) | €20.43 Billion | 14.80% | 1.74x | $1.70 Billion |
| Maoye International Holdings Limited (5MIA) | $16.34 Billion | 1.40% | 2.07x | $46.26 Million |
| Companhia Brasileira de Distribuição (C1B2) | $16.38 Billion | 4.90% | 2.02x | $287.63 Million |
| LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG (ECK) | $44.27 Million | 0.94% | 1.56x | $65.86 Million |
| Lianhua Supermarket Holdings Co. Ltd (LSJ) | $1.25 Billion | -33.70% | 17.20x | $7.19 Million |
| Parkson Retail Group Limited (P5IB) | $5.66 Billion | 4.15% | 1.46x | $30.80 Million |
| Tallinna Kaubamaja Grupp AS (UE8) | $239.87 Million | 13.35% | 1.65x | $378.88 Million |
About Sun Art Retail Group Limited
Sun Art Retail Group Limited, an investment holding company, operates brick-and-mortar stores and online sales channels in the People's Republic of China. The company operates hypermarkets, super stores, and membership stores under RT-Mart, RT-Super, and M-Club names. It also provides consulting, investment, procurement centre, wholesaling, and retailing services. Sun Art Retail Group Limited was… Read more