Sichuan Shuangma Cement Co Ltd

SHE:000935 China Asset Management
Market Cap
$2.74 Billion
CN¥20.10 Billion CNY
Market Cap Rank
#6258 Global
#930 in China
Share Price
CN¥26.33
Change (1 day)
-2.30%
52-Week Range
CN¥14.45 - CN¥29.01
All Time High
CN¥36.18
Categories
Companies in China Asset Management Banking & Financial
About

Sichuan Hexie Shuangma Co., Ltd. manufactures and sells building material products in China. The company offers cement, commercial clinker, and aggregates used for infrastructure, industrial park construction, municipal livelihood projects, commercial housing development, urban renewal, and rural revitalization. It is also involved in biopharmaceutical research and development and production busi… Read more

Sichuan Shuangma Cement Co Ltd (000935) - Net Assets

Latest net assets as of September 2025: CN¥7.85 Billion CNY

Based on the latest financial reports, Sichuan Shuangma Cement Co Ltd (000935) has net assets worth CN¥7.85 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¥9.30 Billion) and total liabilities (CN¥1.45 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¥7.85 Billion
% of Total Assets 84.4%
Annual Growth Rate 15.52%
5-Year Change 48.64%
10-Year Change 131.26%
Growth Volatility 124.57

Sichuan Shuangma Cement Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Sichuan Shuangma Cement 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 Sichuan Shuangma Cement Co Ltd (1996–2024)

The table below shows the annual net assets of Sichuan Shuangma Cement Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.55 Billion +1.27%
2023-12-31 CN¥7.46 Billion +14.47%
2022-12-31 CN¥6.52 Billion +9.75%
2021-12-31 CN¥5.94 Billion +16.84%
2020-12-31 CN¥5.08 Billion +20.64%
2019-12-31 CN¥4.21 Billion +20.88%
2018-12-31 CN¥3.48 Billion -2.63%
2017-12-31 CN¥3.58 Billion +7.65%
2016-12-31 CN¥3.32 Billion +1.78%
2015-12-31 CN¥3.27 Billion -16.62%
2014-12-31 CN¥3.92 Billion +13.99%
2013-12-31 CN¥3.44 Billion +2.84%
2012-12-31 CN¥3.34 Billion -0.14%
2011-12-31 CN¥3.35 Billion +11.68%
2010-12-31 CN¥3.00 Billion +513.83%
2009-12-31 CN¥488.06 Million +97.03%
2008-12-31 CN¥247.71 Million +419.98%
2007-12-31 CN¥47.64 Million -86.96%
2006-12-31 CN¥365.27 Million -33.74%
2005-12-31 CN¥551.25 Million +3.98%
2004-12-31 CN¥530.16 Million -15.18%
2003-12-31 CN¥625.05 Million +0.38%
2002-12-31 CN¥622.68 Million +10.86%
2001-12-31 CN¥561.69 Million +7.25%
2000-12-31 CN¥523.74 Million +7.61%
1999-12-31 CN¥486.70 Million +162.21%
1998-12-31 CN¥185.62 Million +23.82%
1997-12-31 CN¥149.91 Million +12.79%
1996-12-31 CN¥132.91 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sichuan Shuangma Cement 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 537116827100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.37 Billion 71.85%
Common Stock CN¥763.44 Million 10.21%
Other Components CN¥1.34 Billion 17.94%
Total Equity CN¥7.48 Billion 100.00%

Sichuan Shuangma Cement Co Ltd Competitors by Market Cap

The table below lists competitors of Sichuan Shuangma Cement Co Ltd ranked by their market capitalization.

Company Market Cap
The Buckle Inc
F:BK2
 		$1.32 Billion
Mobileye Global Inc. Class A Common Stock
NASDAQ:MBLY
 		$1.32 Billion
ECN Capital Corp.
OTCGREY:ECNNF
 		$1.32 Billion
CTS Corporation
NYSE:CTS
 		$1.32 Billion
Sims Metal Management Ltd PK
PINK:SMSMY
 		$1.32 Billion
Maple Leaf Foods Inc
PINK:MLFNF
 		$1.32 Billion
Enav SpA
LSE:0RIE
 		$1.32 Billion
QCR Holdings Inc
NASDAQ:QCRH
 		$1.32 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sichuan Shuangma Cement Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,441,228,027 to 7,475,317,745, a change of 34,089,718 (0.5%).
  • Net income of 309,381,400 contributed positively to equity growth.
  • Dividend payments of 261,823,583 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥309.38 Million +4.14%
Dividends Paid CN¥261.82 Million -3.5%
Other Changes CN¥-13.47 Million -0.18%
Total Change CN¥- 0.46%

Book Value vs Market Value Analysis

This analysis compares Sichuan Shuangma Cement 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: 2.66x
  • 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 63.22x to 2.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.42 CN¥26.33 x
1997-12-31 CN¥0.47 CN¥26.33 x
1998-12-31 CN¥0.58 CN¥26.33 x
1999-12-31 CN¥1.43 CN¥26.33 x
2000-12-31 CN¥1.54 CN¥26.33 x
2001-12-31 CN¥1.64 CN¥26.33 x
2002-12-31 CN¥1.79 CN¥26.33 x
2003-12-31 CN¥1.77 CN¥26.33 x
2004-12-31 CN¥1.51 CN¥26.33 x
2005-12-31 CN¥1.55 CN¥26.33 x
2006-12-31 CN¥0.98 CN¥26.33 x
2007-12-31 CN¥-0.01 CN¥26.33 x
2008-12-31 CN¥0.61 CN¥26.33 x
2009-12-31 CN¥1.33 CN¥26.33 x
2010-12-31 CN¥2.74 CN¥26.33 x
2011-12-31 CN¥3.09 CN¥26.33 x
2012-12-31 CN¥3.23 CN¥26.33 x
2013-12-31 CN¥3.23 CN¥26.33 x
2014-12-31 CN¥4.20 CN¥26.33 x
2015-12-31 CN¥3.70 CN¥26.33 x
2016-12-31 CN¥3.53 CN¥26.33 x
2017-12-31 CN¥3.87 CN¥26.33 x
2018-12-31 CN¥4.55 CN¥26.33 x
2019-12-31 CN¥5.51 CN¥26.33 x
2020-12-31 CN¥6.63 CN¥26.33 x
2021-12-31 CN¥7.75 CN¥26.33 x
2022-12-31 CN¥8.51 CN¥26.33 x
2023-12-31 CN¥9.74 CN¥26.33 x
2024-12-31 CN¥9.91 CN¥26.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sichuan Shuangma Cement 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): 4.14%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 28.79%
  • • Asset Turnover: 0.12x
  • • Equity Multiplier: 1.20x
  • Recent ROE (4.14%) is below the historical average (9.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 21.18% 11.64% 0.87x 2.10x CN¥14.86 Million
1997 19.92% 11.21% 0.85x 2.09x CN¥14.88 Million
1998 16.00% 9.79% 0.89x 1.84x CN¥11.14 Million
1999 8.92% 11.13% 0.52x 1.55x CN¥-4.93 Million
2000 11.78% 13.02% 0.62x 1.46x CN¥8.77 Million
2001 9.83% 12.04% 0.51x 1.59x CN¥-896.88K
2002 6.59% 8.53% 0.50x 1.55x CN¥-19.44 Million
2003 1.32% 1.52% 0.46x 1.90x CN¥-48.98 Million
2004 -16.19% -17.16% 0.42x 2.26x CN¥-126.51 Million
2005 1.72% 2.17% 0.36x 2.22x CN¥-41.01 Million
2006 -33.69% -18.01% 0.50x 3.74x CN¥-136.52 Million
2007 0.00% -56.81% 0.64x 0.00x CN¥-315.60 Million
2008 27.84% 9.00% 0.60x 5.13x CN¥34.34 Million
2009 49.52% 29.03% 0.74x 2.29x CN¥167.75 Million
2010 14.21% 13.91% 0.37x 2.77x CN¥71.44 Million
2011 8.41% 8.00% 0.41x 2.55x CN¥-30.84 Million
2012 0.44% 0.46% 0.38x 2.52x CN¥-185.82 Million
2013 3.40% 3.39% 0.42x 2.39x CN¥-132.71 Million
2014 4.05% 4.06% 0.43x 2.34x CN¥-152.30 Million
2015 -4.32% -5.76% 0.36x 2.07x CN¥-376.91 Million
2016 3.11% 3.78% 0.41x 1.99x CN¥-187.10 Million
2017 6.97% 7.41% 0.45x 2.09x CN¥-88.39 Million
2018 19.99% 35.87% 0.47x 1.20x CN¥347.67 Million
2019 17.31% 40.25% 0.37x 1.15x CN¥307.77 Million
2020 17.56% 60.35% 0.27x 1.09x CN¥382.55 Million
2021 16.71% 80.79% 0.19x 1.10x CN¥397.07 Million
2022 12.70% 67.66% 0.17x 1.11x CN¥175.56 Million
2023 13.24% 80.82% 0.15x 1.10x CN¥241.35 Million
2024 4.14% 28.79% 0.12x 1.20x CN¥-438.15 Million

Industry Comparison

This section compares Sichuan Shuangma Cement Co Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $3,626,905,656
  • Average return on equity (ROE) among peers: 7.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sichuan Shuangma Cement Co Ltd (000935) CN¥7.85 Billion 21.18% 0.18x $1.32 Billion
Zhuhai Huajin Capital Co Ltd (000532) $668.28 Million 7.19% 0.33x $345.30 Million
Shaanxi International Trust Co Ltd (000563) $11.80 Billion 5.81% 0.40x $1.38 Billion
Kunwu Jiuding Investment Holdings Co Ltd (600053) $2.78 Billion 2.23% 0.19x $258.87 Million
Sinolink Securities Co Ltd (600109) $199.28 Million 6.33% 0.72x $3.03 Billion
Anhui Xinli Finance Co Ltd (600318) $2.10 Billion 1.36% 0.96x $434.82 Million
Shanghai AJ Group Co Ltd (600643) $1.25 Billion 8.42% 0.47x $499.52 Million
Shanghai Guijiu Co Ltd (600696) $864.83 Million 10.07% 1.64x $26.88 Million
Anxin Trust Co Ltd (600816) $188.32 Million 4.08% 1.68x $1.81 Billion
Caitong Securities Co Ltd (601108) $12.80 Billion 24.02% 4.01x $3.22 Billion