Sinotruk Jinan Truck Co Ltd
Sinotruk Jinan Truck Co.,Ltd. designs, develops, produces, and sells heavy-duty vehicles, special vehicles, mechanical processing, machine tool equipment maintenance, automobile production technology consulting and after-sales services, engines, transmissions, axles, and other assemblies and automotive components in China. The company offers its products under Yellow River, SITRAK, and HOWO brand… Read more
Sinotruk Jinan Truck Co Ltd (000951) - Net Assets
Latest net assets as of June 2025: CN¥16.68 Billion CNY
Based on the latest financial reports, Sinotruk Jinan Truck Co Ltd (000951) has net assets worth CN¥16.68 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥45.43 Billion) and total liabilities (CN¥28.75 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¥16.68 Billion |
| % of Total Assets | 36.72% |
| Annual Growth Rate | 14.56% |
| 5-Year Change | 73.92% |
| 10-Year Change | 219.79% |
| Growth Volatility | 46.09 |
Sinotruk Jinan Truck Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Sinotruk Jinan Truck 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 Sinotruk Jinan Truck Co Ltd (2000–2024)
The table below shows the annual net assets of Sinotruk Jinan Truck Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.43 Billion | +4.50% |
| 2023-12-31 | CN¥15.72 Billion | +7.76% |
| 2022-12-31 | CN¥14.59 Billion | -2.57% |
| 2021-12-31 | CN¥14.98 Billion | +58.51% |
| 2020-12-31 | CN¥9.45 Billion | +20.11% |
| 2019-12-31 | CN¥7.87 Billion | +14.52% |
| 2018-12-31 | CN¥6.87 Billion | +7.43% |
| 2017-12-31 | CN¥6.39 Billion | +17.42% |
| 2016-12-31 | CN¥5.45 Billion | +5.98% |
| 2015-12-31 | CN¥5.14 Billion | +4.51% |
| 2014-12-31 | CN¥4.92 Billion | +4.40% |
| 2013-12-31 | CN¥4.71 Billion | +11.67% |
| 2012-12-31 | CN¥4.22 Billion | -1.45% |
| 2011-12-31 | CN¥4.28 Billion | +7.04% |
| 2010-12-31 | CN¥4.00 Billion | +26.38% |
| 2009-12-31 | CN¥3.16 Billion | +8.51% |
| 2008-12-31 | CN¥2.92 Billion | +14.49% |
| 2007-12-31 | CN¥2.55 Billion | +55.90% |
| 2006-12-31 | CN¥1.63 Billion | +201.27% |
| 2005-12-31 | CN¥542.16 Million | +38.95% |
| 2004-12-31 | CN¥390.18 Million | +87.06% |
| 2003-12-31 | CN¥208.59 Million | -30.57% |
| 2002-12-31 | CN¥300.43 Million | -43.49% |
| 2001-12-31 | CN¥531.61 Million | -15.52% |
| 2000-12-31 | CN¥629.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinotruk Jinan Truck 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 19202.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.30 Billion | 54.18% |
| Other Components | CN¥7.02 Billion | 45.82% |
| Total Equity | CN¥15.32 Billion | 100.00% |
Sinotruk Jinan Truck Co Ltd Competitors by Market Cap
The table below lists competitors of Sinotruk Jinan Truck Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shijiazhuang Shangtai Technology Co. Ltd. A
SHE:001301
|
$1.66 Billion |
|
Meidensha Corporation
F:MW7
|
$1.66 Billion |
|
Graubuendner Kantonalbank
SW:GRKP
|
$1.66 Billion |
|
Inter & Co. Inc. Class A Common Shares
NASDAQ:INTR
|
$1.66 Billion |
|
Micronics Japan Co., Ltd.
PINK:MJPNF
|
$1.66 Billion |
|
Skyward Specialty Insurance Group, Inc. Common Stock
NASDAQ:SKWD
|
$1.66 Billion |
|
Dunelm Group plc
F:DFQ
|
$1.66 Billion |
|
Wesdome Gold Mines Ltd
OTCQX:WDOFF
|
$1.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinotruk Jinan Truck Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,725,057,718 to 15,324,838,487, a change of 599,780,770 (4.1%).
- Net income of 1,479,662,834 contributed positively to equity growth.
- Dividend payments of 880,554,005 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.48 Billion | +9.66% |
| Dividends Paid | CN¥880.55 Million | -5.75% |
| Other Changes | CN¥671.94K | +0.0% |
| Total Change | CN¥- | 4.07% |
Book Value vs Market Value Analysis
This analysis compares Sinotruk Jinan Truck 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: 1.70x
- 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 2.64x to 1.70x 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 | CN¥8.40 | CN¥22.14 | x |
| 2018-12-31 | CN¥9.05 | CN¥22.14 | x |
| 2019-12-31 | CN¥10.41 | CN¥22.14 | x |
| 2020-12-31 | CN¥12.50 | CN¥22.14 | x |
| 2021-12-31 | CN¥11.84 | CN¥22.14 | x |
| 2022-12-31 | CN¥11.69 | CN¥22.14 | x |
| 2023-12-31 | CN¥12.53 | CN¥22.14 | x |
| 2024-12-31 | CN¥13.04 | CN¥22.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinotruk Jinan Truck 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): 9.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.29%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 2.70x
- Recent ROE (9.66%) is below the historical average (14.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.48% | 1.41% | 0.47x | 2.25x | CN¥-53.63 Million |
| 2004 | 44.57% | 2.26% | 1.50x | 13.09x | CN¥134.88 Million |
| 2005 | 27.78% | 2.32% | 1.21x | 9.94x | CN¥96.42 Million |
| 2006 | 17.02% | 2.37% | 1.23x | 5.86x | CN¥92.58 Million |
| 2007 | 35.56% | 4.14% | 1.80x | 4.76x | CN¥515.70 Million |
| 2008 | 18.99% | 2.46% | 1.63x | 4.74x | CN¥223.79 Million |
| 2009 | 14.98% | 2.10% | 1.27x | 5.62x | CN¥142.33 Million |
| 2010 | 19.29% | 2.33% | 1.47x | 5.65x | CN¥324.04 Million |
| 2011 | 9.68% | 1.39% | 1.39x | 5.01x | CN¥-12.04 Million |
| 2012 | 1.25% | 0.24% | 1.41x | 3.70x | CN¥-325.44 Million |
| 2013 | 9.31% | 1.77% | 1.36x | 3.85x | CN¥-28.09 Million |
| 2014 | 9.79% | 1.83% | 1.41x | 3.79x | CN¥-9.22 Million |
| 2015 | 6.11% | 1.44% | 1.14x | 3.72x | CN¥-177.24 Million |
| 2016 | 8.55% | 1.98% | 1.04x | 4.15x | CN¥-71.00 Million |
| 2017 | 15.93% | 2.41% | 1.38x | 4.80x | CN¥334.10 Million |
| 2018 | 14.91% | 2.24% | 1.83x | 3.63x | CN¥297.89 Million |
| 2019 | 17.50% | 3.07% | 1.66x | 3.43x | CN¥524.47 Million |
| 2020 | 22.40% | 3.14% | 1.61x | 4.42x | CN¥1.04 Billion |
| 2021 | 7.46% | 1.85% | 1.58x | 2.55x | CN¥-353.30 Million |
| 2022 | 1.56% | 0.74% | 0.84x | 2.50x | CN¥-1.16 Billion |
| 2023 | 7.34% | 2.57% | 1.13x | 2.52x | CN¥-392.13 Million |
| 2024 | 9.66% | 3.29% | 1.09x | 2.70x | CN¥-52.82 Million |
Industry Comparison
This section compares Sinotruk Jinan Truck Co Ltd'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: $2,038,320,341
- Average return on equity (ROE) among peers: 2.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinotruk Jinan Truck Co Ltd (000951) | CN¥16.68 Billion | 1.48% | 1.72x | $1.66 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $814.19 Million | 6.46% | 0.17x | $6.31 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $0.00 | 0.00% | 0.00x | $11.49 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $9.12 Billion | 3.81% | 1.38x | $1.96 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $3.49 Billion | -25.07% | 1.69x | $1.24 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.54 Billion | -0.35% | 0.35x | $536.76 Million |
| HBIS Resources Co Ltd (000923) | $130.44 Million | 12.08% | 1.67x | $1.00 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $105.76 Million | 13.21% | 1.26x | $595.14 Million |
| Anhui Tuoshan Heavy Industry Co. Ltd. (001226) | $740.93 Million | 2.73% | 0.67x | $127.00 Million |
| Nanchang Mineral Systems Co. Ltd. A (001360) | $1.41 Billion | 6.86% | 0.45x | $205.65 Million |