Sinotruk Jinan Truck Co Ltd (000951) - Net Assets

Latest as of March 2026: CN¥18.13 Billion CNY ≈ $2.65 Billion USD

Based on the latest financial reports, Sinotruk Jinan Truck Co Ltd (000951) has net assets worth CN¥18.13 Billion CNY (≈ $2.65 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥56.19 Billion ≈ $8.22 Billion USD) and total liabilities (CN¥38.06 Billion ≈ $5.57 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 000951 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥18.13 Billion
% of Total Assets 32.27%
Annual Growth Rate 18.63%
5-Year Change 17.4%
10-Year Change 222.88%
Growth Volatility 47.91

Sinotruk Jinan Truck Co Ltd - Net Assets Trend (1996–2025)

This chart illustrates how Sinotruk Jinan Truck Co Ltd's net assets have evolved over time, based on quarterly financial data. See Sinotruk Jinan Truck Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sinotruk Jinan Truck Co Ltd (1996–2025)

The table below shows the annual net assets of Sinotruk Jinan Truck Co Ltd from 1996 to 2025. For live valuation and market cap data, see how much is Sinotruk Jinan Truck Co Ltd worth.

Year Net Assets Change
2025-12-31 CN¥17.58 Billion
≈ $2.57 Billion		 +7.00%
2024-12-31 CN¥16.43 Billion
≈ $2.40 Billion		 +4.50%
2023-12-31 CN¥15.72 Billion
≈ $2.30 Billion		 +7.76%
2022-12-31 CN¥14.59 Billion
≈ $2.14 Billion		 -2.57%
2021-12-31 CN¥14.98 Billion
≈ $2.19 Billion		 +58.51%
2020-12-31 CN¥9.45 Billion
≈ $1.38 Billion		 +20.11%
2019-12-31 CN¥7.87 Billion
≈ $1.15 Billion		 +14.52%
2018-12-31 CN¥6.87 Billion
≈ $1.01 Billion		 +7.49%
2017-12-31 CN¥6.39 Billion
≈ $935.04 Million		 +17.35%
2016-12-31 CN¥5.45 Billion
≈ $796.81 Million		 +5.98%
2015-12-31 CN¥5.14 Billion
≈ $751.86 Million		 +4.51%
2014-12-31 CN¥4.92 Billion
≈ $719.42 Million		 +4.40%
2013-12-31 CN¥4.71 Billion
≈ $689.12 Million		 +11.67%
2012-12-31 CN¥4.22 Billion
≈ $617.12 Million		 -1.45%
2011-12-31 CN¥4.28 Billion
≈ $626.23 Million		 +7.04%
2010-12-31 CN¥4.00 Billion
≈ $585.03 Million		 +26.38%
2009-12-31 CN¥3.16 Billion
≈ $462.92 Million		 +8.51%
2008-12-31 CN¥2.92 Billion
≈ $426.62 Million		 +14.49%
2007-12-31 CN¥2.55 Billion
≈ $372.64 Million		 +57.46%
2006-12-31 CN¥1.62 Billion
≈ $236.65 Million		 +198.29%
2005-12-31 CN¥542.16 Million
≈ $79.34 Million		 +38.95%
2004-12-31 CN¥390.18 Million
≈ $57.10 Million		 +87.06%
2003-12-31 CN¥208.59 Million
≈ $30.52 Million		 -27.25%
2002-12-31 CN¥286.72 Million
≈ $41.96 Million		 -43.51%
2001-12-31 CN¥507.55 Million
≈ $74.27 Million		 -15.93%
2000-12-31 CN¥603.72 Million
≈ $88.34 Million		 -2.51%
1999-12-31 CN¥619.26 Million
≈ $90.62 Million		 +140.60%
1998-12-31 CN¥257.38 Million
≈ $37.66 Million		 +22.07%
1997-12-31 CN¥210.85 Million
≈ $30.85 Million		 +69.82%
1996-12-31 CN¥124.16 Million
≈ $18.17 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 912668829200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥9.13 Billion 56.47%
Common Stock CN¥1.17 Billion 7.27%
Other Comprehensive Income CN¥1.02 Billion 6.33%
Other Components CN¥4.84 Billion 29.94%
Total Equity CN¥16.16 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
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
 $3.78 Billion
Sacyr SA
MC:SCYR
 $3.78 Billion
Allreal Holding
SW:ALLN
 $3.78 Billion
Crinetics Pharmaceuticals Inc
NASDAQ:CRNX
 $3.78 Billion
Shenzhen Woer Heat-Shrinkable Material Co Ltd
SHE:002130
 $3.77 Billion
Sonae SGPS SA
LS:SON
 $3.77 Billion
Group 1 Automotive Inc
NYSE:GPI
 $3.77 Billion
St Galler Kantonalbank AG
SW:SGKN
 $3.77 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 2024 to 2025, total equity changed from 15,324,838,487 to 16,162,856,795, a change of 838,018,308 (5.5%).
  • Net income of 1,665,800,234 contributed positively to equity growth.
  • Dividend payments of 841,676,364 reduced retained earnings.
  • Other comprehensive income increased equity by 13,894,757.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥1.67 Billion +10.31%
Dividends Paid CN¥841.68 Million -5.21%
Other Comprehensive Income CN¥13.89 Million +0.09%
Other Changes CN¥-319.00 -0.0%
Total Change CN¥- 5.47%

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: 1.60x
  • 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 167.29x to 1.60x 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¥0.13 CN¥22.07 x
1997-12-31 CN¥0.22 CN¥22.07 x
1998-12-31 CN¥0.27 CN¥22.07 x
1999-12-31 CN¥0.66 CN¥22.07 x
2000-12-31 CN¥0.64 CN¥22.07 x
2001-12-31 CN¥0.54 CN¥22.07 x
2002-12-31 CN¥0.30 CN¥22.07 x
2003-12-31 CN¥0.22 CN¥22.07 x
2004-12-31 CN¥0.41 CN¥22.07 x
2005-12-31 CN¥0.58 CN¥22.07 x
2006-12-31 CN¥1.47 CN¥22.07 x
2007-12-31 CN¥2.79 CN¥22.07 x
2008-12-31 CN¥2.66 CN¥22.07 x
2009-12-31 CN¥3.04 CN¥22.07 x
2010-12-31 CN¥3.70 CN¥22.07 x
2011-12-31 CN¥3.97 CN¥22.07 x
2012-12-31 CN¥3.93 CN¥22.07 x
2013-12-31 CN¥4.36 CN¥22.07 x
2014-12-31 CN¥4.70 CN¥22.07 x
2015-12-31 CN¥4.91 CN¥22.07 x
2016-12-31 CN¥5.18 CN¥22.07 x
2017-12-31 CN¥6.00 CN¥22.07 x
2018-12-31 CN¥6.47 CN¥22.07 x
2019-12-31 CN¥7.44 CN¥22.07 x
2020-12-31 CN¥8.93 CN¥22.07 x
2021-12-31 CN¥12.06 CN¥22.07 x
2022-12-31 CN¥11.75 CN¥22.07 x
2023-12-31 CN¥12.54 CN¥22.07 x
2024-12-31 CN¥13.15 CN¥22.07 x
2025-12-31 CN¥13.83 CN¥22.07 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): 10.31%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.89%
  • • Asset Turnover: 1.15x
  • • Equity Multiplier: 3.10x
  • Recent ROE (10.31%) is above the historical average (8.95%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 30.79% 5.19% 1.17x 5.06x CN¥25.81 Million
1997 18.47% 6.32% 0.89x 3.28x CN¥17.86 Million
1998 9.30% 4.70% 0.60x 3.29x CN¥-1.79 Million
1999 6.12% 7.04% 0.41x 2.13x CN¥-24.03 Million
2000 1.41% 1.29% 0.48x 2.30x CN¥-51.85 Million
2001 -19.55% -20.66% 0.34x 2.79x CN¥-149.98 Million
2002 -73.54% -70.20% 0.24x 4.45x CN¥-239.54 Million
2003 -37.77% -31.64% 0.17x 7.03x CN¥-99.63 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 20.29% 2.65% 1.28x 5.98x CN¥133.76 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% 1.81% 1.43x 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 15.94% 2.41% 1.38x 4.80x CN¥334.58 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
2025 10.31% 2.89% 1.15x 3.10x CN¥49.51 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: $6,446,124,214
  • Average return on equity (ROE) among peers: 9.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sinotruk Jinan Truck Co Ltd (000951) CN¥18.13 Billion 30.79% 2.10x $3.78 Billion
Zoomlion Heavy Industry Science and Technology Co Ltd (000157) $27.47 Billion 16.98% 1.29x $7.87 Billion
XCMG Construction Machinery Co Ltd (000425) $1.19 Billion 2.08% 1.54x $15.46 Billion
Guangxi Liugong Machinery Co Ltd (000528) $17.17 Billion 3.49% 1.46x $2.38 Billion
Shantui Construction Machinery Co Ltd (000680) $4.91 Billion 0.62% 1.71x $2.24 Billion
Faw Car Co Ltd (000800) $730.97 Million 42.45% 1.59x $4.39 Billion
JiangSu JiangHuai Engine Co Ltd (000816) $3.76 Billion 0.73% 0.76x $508.18 Million
HBIS Resources Co Ltd (000923) $415.63 Million 0.55% 0.98x $1.32 Billion
Zhongtong Bus Holding Co Ltd (000957) $588.19 Million 6.73% 1.78x $870.21 Million
Sunward Intelligent Equipment Co Ltd (002097) $1.77 Billion 11.46% 1.71x $1.28 Billion

About Sinotruk Jinan Truck Co Ltd

SHE:000951 China Farm & Heavy Construction Machinery
Market Cap
$3.78 Billion
CN¥25.80 Billion CNY
Market Cap Rank
#4338 Global
#727 in China
Share Price
CN¥22.07
Change (1 day)
+0.32%
52-Week Range
CN¥16.34 - CN¥26.43
All Time High
CN¥88.47
Categories
Companies in China Farm & Heavy Construction Machinery
About

Sinotruk Jinan Truck Co.,Ltd. develops, produces, and sells various types of heavy-duty vehicles, special vehicles, specialized vehicles, engines, transmissions, axles, and other assemblies and automotive components in China. It also offers medium and heavy trucks, light trucks, new energy vehicles, coaches, and light vehicles. The company provides its products under the Yellow River, SITRAK, and… Read more