Skyworth Group Limited
Skyworth Group Limited researches, develops, manufactures, sells, and trades in consumer electronic products in Mainland China, Asia, Europe, the Americas, and Africa. It operates through Smart Household Appliances Business, Smart Systems Technology Business, New Energy Business, and Modern Services Business and Others segments. The Smart Household Appliances Business segment manufactures and sel… Read more
Skyworth Group Limited (SWDHF) - Net Assets
Latest net assets as of June 2025: $22.72 Billion USD
Based on the latest financial reports, Skyworth Group Limited (SWDHF) has net assets worth $22.72 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($75.03 Billion) and total liabilities ($52.31 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 | $22.72 Billion |
| % of Total Assets | 30.28% |
| Annual Growth Rate | 10.72% |
| 5-Year Change | 21.84% |
| 10-Year Change | 66.15% |
| Growth Volatility | 8.62 |
Skyworth Group Limited - Net Assets Trend (2002–2024)
This chart illustrates how Skyworth Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Skyworth Group Limited (2002–2024)
The table below shows the annual net assets of Skyworth Group Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $23.14 Billion | +1.67% |
| 2023-12-31 | $22.76 Billion | +3.94% |
| 2022-12-31 | $21.89 Billion | +3.83% |
| 2021-12-31 | $21.09 Billion | +11.03% |
| 2020-12-31 | $18.99 Billion | +4.67% |
| 2019-12-31 | $18.14 Billion | +4.54% |
| 2018-12-31 | $17.36 Billion | +4.90% |
| 2017-12-31 | $16.54 Billion | +10.99% |
| 2016-12-31 | $14.91 Billion | +7.04% |
| 2015-12-31 | $13.93 Billion | +14.42% |
| 2014-12-31 | $12.17 Billion | +34.10% |
| 2013-12-31 | $9.08 Billion | +10.71% |
| 2012-12-31 | $8.20 Billion | +16.41% |
| 2011-12-31 | $7.04 Billion | +15.14% |
| 2010-12-31 | $6.12 Billion | +18.67% |
| 2009-12-31 | $5.15 Billion | +32.72% |
| 2008-12-31 | $3.88 Billion | +9.05% |
| 2007-12-31 | $3.56 Billion | +10.42% |
| 2006-12-31 | $3.23 Billion | +1.05% |
| 2005-12-31 | $3.19 Billion | +2.33% |
| 2004-12-31 | $3.12 Billion | +14.21% |
| 2003-12-31 | $2.73 Billion | +10.97% |
| 2002-12-31 | $2.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skyworth 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 grown by 1335.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.75 Billion | 75.41% |
| Common Stock | $235.00 Million | 1.29% |
| Other Comprehensive Income | $-325.00 Million | -1.78% |
| Other Components | $4.58 Billion | 25.08% |
| Total Equity | $18.24 Billion | 100.00% |
Skyworth Group Limited Competitors by Market Cap
The table below lists competitors of Skyworth Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Comp SA
WAR:CMP
|
$237.24 Million |
|
Komipharm International Co. Ltd
KQ:041960
|
$237.27 Million |
|
Zoneco Group Co Ltd
SHE:002069
|
$237.31 Million |
|
Great Giant Fibre Garment Co., Ltd.
TWO:4441
|
$237.35 Million |
|
Shanghai Weihong Electronic Technology Co Ltd
SHE:300508
|
$237.20 Million |
|
Odfjell SE
OL:ODF
|
$237.10 Million |
|
XinJiang GuoTong Pipeline Co Ltd
SHE:002205
|
$237.09 Million |
|
Avia Avian PT Tbk
JK:AVIA
|
$237.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skyworth Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,139,000,000 to 18,238,000,000, a change of 99,000,000 (0.5%).
- Net income of 568,000,000 contributed positively to equity growth.
- Dividend payments of 431,000,000 reduced retained earnings.
- Share repurchases of 467,000,000 reduced equity.
- Other comprehensive income decreased equity by 310,000,000.
- Other factors increased equity by 758,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $568.00 Million | +3.11% |
| Dividends Paid | $431.00 Million | -2.36% |
| Share Repurchases | $467.00 Million | -2.56% |
| Other Comprehensive Income | $-310.00 Million | -1.7% |
| Other Changes | $758.00 Million | +4.16% |
| Total Change | $- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares Skyworth 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: 0.05x
- 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 0.37x to 0.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $1.13 | $0.42 | x |
| 2003-12-31 | $1.21 | $0.42 | x |
| 2004-12-31 | $1.35 | $0.42 | x |
| 2005-12-31 | $1.39 | $0.42 | x |
| 2006-12-31 | $1.40 | $0.42 | x |
| 2007-12-31 | $1.55 | $0.42 | x |
| 2008-12-31 | $1.70 | $0.42 | x |
| 2009-12-31 | $2.01 | $0.42 | x |
| 2010-12-31 | $2.25 | $0.42 | x |
| 2011-12-31 | $2.54 | $0.42 | x |
| 2012-12-31 | $2.89 | $0.42 | x |
| 2013-12-31 | $3.08 | $0.42 | x |
| 2014-12-31 | $3.88 | $0.42 | x |
| 2015-12-31 | $4.34 | $0.42 | x |
| 2016-12-31 | $4.62 | $0.42 | x |
| 2017-12-31 | $4.93 | $0.42 | x |
| 2018-12-31 | $5.11 | $0.42 | x |
| 2019-12-31 | $5.26 | $0.42 | x |
| 2020-12-31 | $5.54 | $0.42 | x |
| 2021-12-31 | $6.85 | $0.42 | x |
| 2022-12-31 | $6.90 | $0.42 | x |
| 2023-12-31 | $7.32 | $0.42 | x |
| 2024-12-31 | $7.75 | $0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skyworth 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): 3.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.87%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 3.84x
- Recent ROE (3.11%) is below the historical average (10.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 9.06% | 2.61% | 1.67x | 2.08x | $-22.93 Million |
| 2003 | 12.96% | 3.61% | 1.67x | 2.15x | $80.65 Million |
| 2004 | 13.75% | 3.86% | 1.35x | 2.64x | $116.84 Million |
| 2005 | 6.99% | 2.02% | 1.41x | 2.45x | $-95.92 Million |
| 2006 | 3.92% | 1.02% | 1.45x | 2.65x | $-196.01 Million |
| 2007 | 11.59% | 3.28% | 1.07x | 3.31x | $56.41 Million |
| 2008 | 10.45% | 3.00% | 1.39x | 2.51x | $17.28 Million |
| 2009 | 21.67% | 5.49% | 1.18x | 3.33x | $593.15 Million |
| 2010 | 16.60% | 4.82% | 1.30x | 2.64x | $393.69 Million |
| 2011 | 14.78% | 4.45% | 1.27x | 2.62x | $329.11 Million |
| 2012 | 15.06% | 3.97% | 1.30x | 2.92x | $403.71 Million |
| 2013 | 11.59% | 3.18% | 1.23x | 2.97x | $137.40 Million |
| 2014 | 22.77% | 7.79% | 1.20x | 2.43x | $1.40 Billion |
| 2015 | 14.38% | 5.08% | 1.02x | 2.79x | $551.02 Million |
| 2016 | 8.46% | 3.06% | 1.00x | 2.78x | $-210.92 Million |
| 2017 | 2.90% | 1.17% | 0.86x | 2.89x | $-1.06 Billion |
| 2018 | 2.80% | 1.17% | 0.82x | 2.92x | $-1.11 Billion |
| 2019 | 4.67% | 2.00% | 0.78x | 2.97x | $-852.20 Million |
| 2020 | 8.83% | 3.59% | 0.75x | 3.29x | $-191.00 Million |
| 2021 | 9.06% | 3.21% | 0.84x | 3.37x | $-170.50 Million |
| 2022 | 4.63% | 1.55% | 0.83x | 3.60x | $-959.70 Million |
| 2023 | 5.89% | 1.55% | 1.03x | 3.70x | $-744.90 Million |
| 2024 | 3.11% | 0.87% | 0.93x | 3.84x | $-1.26 Billion |
Industry Comparison
This section compares Skyworth Group Limited's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $9,241,081,002
- Average return on equity (ROE) among peers: -54.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skyworth Group Limited (SWDHF) | $22.72 Billion | 9.06% | 2.30x | $237.22 Million |
| Apple Inc (AAPL) | $90.49 Billion | 61.06% | 2.74x | $3.73 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $-11.10 Million | 0.00% | 0.00x | $67.94 Million |
| Atomos Limited (AMOSF) | $54.24 Million | -19.11% | 1.00x | $66.13K |
| Andrea Electronic Cp (ANDR) | $2.00 Million | -35.00% | 0.25x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $504.60K | -34.24% | 1.26x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $1.74 Billion | 16.88% | 0.67x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $-699.89K | 0.00% | 0.00x | $803.14K |
| Basler Aktiengesellschaft (BSLAF) | $129.36 Million | 16.24% | 0.75x | $138.75 Million |
| Beamz Interactive (BZIC) | $508.51K | -537.01% | 0.55x | $1.00 |
| Capstone Companies Inc (CAPC) | $5.90 Million | -17.14% | 0.10x | $659.69K |