Skyworth Digital Co Ltd
Skyworth Digital Co., Ltd. provides home video entertainment and intelligent connectivity solutions in China and internationally. It operates through Smart Terminal Division, LCD Display Division, and Automotive Electronics Division segments. The company offers digital smart set top boxes, including digital IK/2K/4K/8K, OTT and hybrid Android TV, IPTV, DTH, and RDK platform, as well as broadcasti… Read more
Skyworth Digital Co Ltd (000810) - Net Assets
Latest net assets as of September 2025: CN¥6.36 Billion CNY
Based on the latest financial reports, Skyworth Digital Co Ltd (000810) has net assets worth CN¥6.36 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.15 Billion) and total liabilities (CN¥4.79 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 | CN¥6.36 Billion |
| % of Total Assets | 57.08% |
| Annual Growth Rate | 14.09% |
| 5-Year Change | 49.15% |
| 10-Year Change | 172.99% |
| Growth Volatility | 37.93 |
Skyworth Digital Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Skyworth Digital Co Ltd'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 Digital Co Ltd (1995–2024)
The table below shows the annual net assets of Skyworth Digital Co Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.43 Billion | +0.88% |
| 2023-12-31 | CN¥6.37 Billion | +5.91% |
| 2022-12-31 | CN¥6.01 Billion | +31.93% |
| 2021-12-31 | CN¥4.56 Billion | +5.82% |
| 2020-12-31 | CN¥4.31 Billion | +10.23% |
| 2019-12-31 | CN¥3.91 Billion | +25.88% |
| 2018-12-31 | CN¥3.10 Billion | +12.43% |
| 2017-12-31 | CN¥2.76 Billion | +1.50% |
| 2016-12-31 | CN¥2.72 Billion | +15.59% |
| 2015-12-31 | CN¥2.35 Billion | +16.87% |
| 2014-12-31 | CN¥2.01 Billion | +210.36% |
| 2013-12-31 | CN¥648.86 Million | +1.95% |
| 2012-12-31 | CN¥636.46 Million | -1.28% |
| 2011-12-31 | CN¥644.69 Million | +7.62% |
| 2010-12-31 | CN¥599.06 Million | +17.42% |
| 2009-12-31 | CN¥510.20 Million | +7.27% |
| 2008-12-31 | CN¥475.60 Million | +3.29% |
| 2007-12-31 | CN¥460.44 Million | +11.98% |
| 2006-12-31 | CN¥411.19 Million | +20.67% |
| 2005-12-31 | CN¥340.75 Million | +13.16% |
| 2004-12-31 | CN¥301.13 Million | +16.79% |
| 2003-12-31 | CN¥257.85 Million | +9.23% |
| 2002-12-31 | CN¥236.05 Million | +39.44% |
| 2001-12-31 | CN¥169.28 Million | -0.01% |
| 2000-12-31 | CN¥169.30 Million | +19.71% |
| 1999-12-31 | CN¥141.42 Million | -12.33% |
| 1998-12-31 | CN¥161.32 Million | -1.81% |
| 1997-12-31 | CN¥164.28 Million | +8.02% |
| 1996-12-31 | CN¥152.08 Million | +8.20% |
| 1995-12-31 | CN¥140.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skyworth Digital 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 41805.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.57 Billion | 55.39% |
| Common Stock | CN¥1.15 Billion | 17.85% |
| Other Components | CN¥1.72 Billion | 26.76% |
| Total Equity | CN¥6.44 Billion | 100.00% |
Skyworth Digital Co Ltd Competitors by Market Cap
The table below lists competitors of Skyworth Digital Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Baolong Automotive Corp
SHG:603197
|
$683.40 Million |
|
NORTHEAST BANK. NEW DL 1
F:73K
|
$683.42 Million |
|
Dongguan Aohai Technology Co
SHE:002993
|
$683.93 Million |
|
CLOVER HEALTH INV. CL.A
F:7QD
|
$684.18 Million |
|
Northwest Pipe Company
NASDAQ:NWPX
|
$683.03 Million |
|
Inv La Constru
SN:ILC
|
$682.87 Million |
|
Brightsphere Investment Group Inc
NYSE:BSIG
|
$682.27 Million |
|
Oil States International Inc
NYSE:OIS
|
$682.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skyworth Digital Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,367,875,641 to 6,442,064,101, a change of 74,188,460 (1.2%).
- Net income of 250,798,107 contributed positively to equity growth.
- Dividend payments of 206,835,241 reduced retained earnings.
- Other comprehensive income decreased equity by 218,020,482.
- Other factors increased equity by 248,246,076.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥250.80 Million | +3.89% |
| Dividends Paid | CN¥206.84 Million | -3.21% |
| Other Comprehensive Income | CN¥-218.02 Million | -3.38% |
| Other Changes | CN¥248.25 Million | +3.85% |
| Total Change | CN¥- | 1.17% |
Book Value vs Market Value Analysis
This analysis compares Skyworth Digital 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: 1.97x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.53x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.54 | CN¥11.13 | x |
| 1996-12-31 | CN¥0.59 | CN¥11.13 | x |
| 1997-12-31 | CN¥0.63 | CN¥11.13 | x |
| 1998-12-31 | CN¥0.62 | CN¥11.13 | x |
| 1999-12-31 | CN¥0.55 | CN¥11.13 | x |
| 2000-12-31 | CN¥0.65 | CN¥11.13 | x |
| 2001-12-31 | CN¥0.65 | CN¥11.13 | x |
| 2002-12-31 | CN¥0.70 | CN¥11.13 | x |
| 2003-12-31 | CN¥0.76 | CN¥11.13 | x |
| 2004-12-31 | CN¥0.77 | CN¥11.13 | x |
| 2005-12-31 | CN¥0.87 | CN¥11.13 | x |
| 2006-12-31 | CN¥1.28 | CN¥11.13 | x |
| 2007-12-31 | CN¥1.42 | CN¥11.13 | x |
| 2008-12-31 | CN¥1.48 | CN¥11.13 | x |
| 2009-12-31 | CN¥1.56 | CN¥11.13 | x |
| 2010-12-31 | CN¥1.85 | CN¥11.13 | x |
| 2011-12-31 | CN¥1.97 | CN¥11.13 | x |
| 2012-12-31 | CN¥1.91 | CN¥11.13 | x |
| 2013-12-31 | CN¥0.57 | CN¥11.13 | x |
| 2014-12-31 | CN¥2.19 | CN¥11.13 | x |
| 2015-12-31 | CN¥2.32 | CN¥11.13 | x |
| 2016-12-31 | CN¥2.62 | CN¥11.13 | x |
| 2017-12-31 | CN¥2.57 | CN¥11.13 | x |
| 2018-12-31 | CN¥2.85 | CN¥11.13 | x |
| 2019-12-31 | CN¥3.55 | CN¥11.13 | x |
| 2020-12-31 | CN¥3.96 | CN¥11.13 | x |
| 2021-12-31 | CN¥4.26 | CN¥11.13 | x |
| 2022-12-31 | CN¥5.44 | CN¥11.13 | x |
| 2023-12-31 | CN¥5.58 | CN¥11.13 | x |
| 2024-12-31 | CN¥5.64 | CN¥11.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skyworth Digital 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): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.88%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.65x
- Recent ROE (3.89%) is below the historical average (10.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 7.13% | 4.68% | 0.64x | 2.37x | CN¥-4.04 Million |
| 1996 | 7.57% | 5.40% | 0.55x | 2.53x | CN¥-3.70 Million |
| 1997 | 4.58% | 3.68% | 0.50x | 2.49x | CN¥-8.91 Million |
| 1998 | 2.09% | 1.99% | 0.41x | 2.57x | CN¥-12.75 Million |
| 1999 | -9.11% | -6.03% | 0.56x | 2.72x | CN¥-27.02 Million |
| 2000 | 10.79% | 7.57% | 0.73x | 1.96x | CN¥1.33 Million |
| 2001 | 6.83% | 4.92% | 0.56x | 2.47x | CN¥-5.36 Million |
| 2002 | 7.66% | 3.16% | 0.75x | 3.23x | CN¥-4.28 Million |
| 2003 | 7.28% | 3.09% | 0.65x | 3.62x | CN¥-5.37 Million |
| 2004 | 0.97% | 0.31% | 0.73x | 4.23x | CN¥-18.02 Million |
| 2005 | 11.70% | 3.56% | 1.01x | 3.24x | CN¥3.85 Million |
| 2006 | 12.46% | 4.92% | 0.99x | 2.56x | CN¥8.18 Million |
| 2007 | 11.52% | 4.86% | 0.83x | 2.85x | CN¥5.63 Million |
| 2008 | 4.08% | 1.89% | 0.78x | 2.78x | CN¥-22.72 Million |
| 2009 | 5.17% | 2.29% | 0.87x | 2.60x | CN¥-19.54 Million |
| 2010 | 17.08% | 7.38% | 0.96x | 2.40x | CN¥34.00 Million |
| 2011 | 10.94% | 4.49% | 0.96x | 2.55x | CN¥4.80 Million |
| 2012 | 0.71% | 0.31% | 1.00x | 2.29x | CN¥-45.91 Million |
| 2013 | 74.00% | 10.15% | 3.30x | 2.21x | CN¥316.32 Million |
| 2014 | 19.18% | 10.74% | 0.91x | 1.97x | CN¥182.54 Million |
| 2015 | 19.81% | 8.32% | 1.04x | 2.29x | CN¥225.79 Million |
| 2016 | 18.30% | 8.21% | 0.90x | 2.48x | CN¥220.67 Million |
| 2017 | 3.50% | 1.30% | 0.96x | 2.82x | CN¥-174.82 Million |
| 2018 | 10.88% | 4.07% | 0.98x | 2.74x | CN¥26.89 Million |
| 2019 | 16.64% | 7.03% | 0.84x | 2.80x | CN¥249.92 Million |
| 2020 | 9.13% | 4.51% | 0.83x | 2.44x | CN¥-36.52 Million |
| 2021 | 9.32% | 3.89% | 0.97x | 2.47x | CN¥-30.86 Million |
| 2022 | 13.72% | 6.85% | 1.11x | 1.80x | CN¥223.07 Million |
| 2023 | 9.45% | 5.67% | 0.93x | 1.80x | CN¥-34.72 Million |
| 2024 | 3.89% | 2.88% | 0.82x | 1.65x | CN¥-393.41 Million |
Industry Comparison
This section compares Skyworth Digital Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,675,494,365
- Average return on equity (ROE) among peers: -4.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skyworth Digital Co Ltd (000810) | CN¥6.36 Billion | 7.13% | 0.75x | $683.09 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |