Sinostone Guangdong Co Ltd (001212) - Net Assets
Based on the latest financial reports, Sinostone Guangdong Co Ltd (001212) has net assets worth CN¥1.92 Billion CNY (≈ $281.28 Million 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¥2.24 Billion ≈ $328.13 Million USD) and total liabilities (CN¥320.16 Million ≈ $46.85 Million 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. Also explore balance sheet size of Sinostone Guangdong Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.92 Billion |
| % of Total Assets | 85.72% |
| Annual Growth Rate | 23.12% |
| 5-Year Change | 41.2% |
| 10-Year Change | N/A |
| Growth Volatility | 36.51 |
Sinostone Guangdong Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Sinostone Guangdong Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Sinostone Guangdong Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sinostone Guangdong Co Ltd (2017–2025)
The table below shows the annual net assets of Sinostone Guangdong Co Ltd from 2017 to 2025. For live valuation and market cap data, see Sinostone Guangdong Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.92 Billion ≈ $280.74 Million |
+10.72% |
| 2024-12-31 | CN¥1.73 Billion ≈ $253.55 Million |
+4.20% |
| 2023-12-31 | CN¥1.66 Billion ≈ $243.34 Million |
+17.30% |
| 2022-12-31 | CN¥1.42 Billion ≈ $207.46 Million |
+4.34% |
| 2021-12-31 | CN¥1.36 Billion ≈ $198.82 Million |
+122.22% |
| 2020-12-31 | CN¥611.42 Million ≈ $89.47 Million |
+16.59% |
| 2019-12-31 | CN¥524.40 Million ≈ $76.74 Million |
+19.51% |
| 2018-12-31 | CN¥438.80 Million ≈ $64.21 Million |
+20.75% |
| 2017-12-31 | CN¥363.41 Million ≈ $53.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sinostone Guangdong 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 170.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥353.64 Million | 18.45% |
| Other Components | CN¥1.56 Billion | 81.55% |
| Total Equity | CN¥1.92 Billion | 100.00% |
Sinostone Guangdong Co Ltd Competitors by Market Cap
The table below lists competitors of Sinostone Guangdong Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Whitestone REIT
NYSE:WSR
|
$975.97 Million |
|
Allianz Malaysia Bhd
KLSE:1163
|
$976.12 Million |
|
Biotest Aktiengesellschaft
XETRA:BIO
|
$976.15 Million |
|
Sdiptech AB (publ)
ST:SDIP-B
|
$976.40 Million |
|
Brookline Bancorp Inc
NASDAQ:BRKL
|
$975.70 Million |
|
Zhejiang Jingxing Paper Joint Stock Co Ltd
SHE:002067
|
$975.50 Million |
|
Huangshan Novel Co Ltd
SHE:002014
|
$975.14 Million |
|
National Presto Industries Inc
NYSE:NPK
|
$974.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinostone Guangdong Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,729,729,171 to 1,916,411,986, a change of 186,682,815 (10.8%).
- Net loss of 31,791,396 reduced equity.
- Dividend payments of 16,423,084 reduced retained earnings.
- Other comprehensive income decreased equity by 218,099,031.
- Other factors increased equity by 452,996,325.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-31.79 Million | -1.66% |
| Dividends Paid | CN¥16.42 Million | -0.86% |
| Other Comprehensive Income | CN¥-218.10 Million | -11.38% |
| Other Changes | CN¥453.00 Million | +23.64% |
| Total Change | CN¥- | 10.79% |
Book Value vs Market Value Analysis
This analysis compares Sinostone Guangdong 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: 3.48x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.20x to 3.48x 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¥5.35 | CN¥33.18 | x |
| 2018-12-31 | CN¥3.55 | CN¥33.18 | x |
| 2019-12-31 | CN¥4.24 | CN¥33.18 | x |
| 2020-12-31 | CN¥4.95 | CN¥33.18 | x |
| 2021-12-31 | CN¥9.87 | CN¥33.18 | x |
| 2022-12-31 | CN¥8.56 | CN¥33.18 | x |
| 2023-12-31 | CN¥10.00 | CN¥33.18 | x |
| 2024-12-31 | CN¥8.91 | CN¥33.18 | x |
| 2025-12-31 | CN¥9.54 | CN¥33.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinostone Guangdong 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): -1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.61%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.17x
- Recent ROE (-1.66%) is below the historical average (11.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 21.80% | 14.63% | 1.14x | 1.31x | CN¥42.90 Million |
| 2018 | 19.66% | 15.27% | 1.00x | 1.29x | CN¥42.41 Million |
| 2019 | 20.73% | 20.57% | 0.83x | 1.22x | CN¥56.28 Million |
| 2020 | 22.33% | 24.60% | 0.74x | 1.23x | CN¥75.37 Million |
| 2021 | 10.42% | 19.49% | 0.46x | 1.16x | CN¥5.72 Million |
| 2022 | 6.09% | 13.12% | 0.39x | 1.18x | CN¥-55.27 Million |
| 2023 | 4.79% | 11.51% | 0.30x | 1.37x | CN¥-86.55 Million |
| 2024 | 1.76% | 5.73% | 0.23x | 1.35x | CN¥-142.46 Million |
| 2025 | -1.66% | -7.61% | 0.19x | 1.17x | CN¥-223.43 Million |
Industry Comparison
This section compares Sinostone Guangdong Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,054,760,666
- Average return on equity (ROE) among peers: -37.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinostone Guangdong Co Ltd (001212) | CN¥1.92 Billion | 21.80% | 0.17x | $975.71 Million |
| CSG Holding Co Ltd (000012) | $8.40 Billion | 18.28% | 0.79x | $1.13 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $11.17 Billion | 0.47% | 2.71x | $1.42 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $27.95 Million | -388.14% | 7.38x | $1.89 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.06 Billion | 3.20% | 1.81x | $478.41 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $8.08 Billion | 3.12% | 1.68x | $3.99 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $111.86 Million | 13.23% | 0.95x | $690.58 Million |
| Guangdong Tapai Group Co Ltd (002233) | $8.19 Billion | 8.81% | 0.20x | $1.28 Billion |
| China West Construction Group Co Ltd (002302) | $6.71 Billion | 1.58% | 1.72x | $864.50 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $736.36 Million | 2.86% | 1.12x | $347.29 Million |
About Sinostone Guangdong Co Ltd
Sinostone(Guangdong) Co.,Ltd. engages in the research, development, production, and sales of artificial quartz stone decorative materials in China and internationally. It provides quartz, sintered stones, artificial marbles, and natural stones products. The company also offers quartz silicon crystal materials, including quartz sand, quartz powder, and silicon micropowder that are used in home dec… Read more