Sichuan Zigong Conveying Machine Group Co Ltd (001288) - Net Assets
Based on the latest financial reports, Sichuan Zigong Conveying Machine Group Co Ltd (001288) has net assets worth CN¥2.41 Billion CNY (≈ $353.05 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.24 Billion ≈ $766.15 Million USD) and total liabilities (CN¥2.82 Billion ≈ $413.11 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. Check asset resilience ratio of Sichuan Zigong Conveying Machine Group C to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.41 Billion |
| % of Total Assets | 46.08% |
| Annual Growth Rate | 14.85% |
| 5-Year Change | 98.03% |
| 10-Year Change | N/A |
| Growth Volatility | 15.11 |
Sichuan Zigong Conveying Machine Group Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Sichuan Zigong Conveying Machine Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 001288 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Sichuan Zigong Conveying Machine Group Co Ltd (2017–2024)
The table below shows the annual net assets of Sichuan Zigong Conveying Machine Group Co Ltd from 2017 to 2024. For live valuation and market cap data, see Sichuan Zigong Conveying Machine Group C (001288) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.30 Billion ≈ $336.99 Million |
+10.99% |
| 2023-12-31 | CN¥2.07 Billion ≈ $303.61 Million |
+12.67% |
| 2022-12-31 | CN¥1.84 Billion ≈ $269.48 Million |
+4.04% |
| 2021-12-31 | CN¥1.77 Billion ≈ $259.01 Million |
+52.20% |
| 2020-12-31 | CN¥1.16 Billion ≈ $170.17 Million |
+10.02% |
| 2019-12-31 | CN¥1.06 Billion ≈ $154.67 Million |
+9.30% |
| 2018-12-31 | CN¥967.04 Million ≈ $141.51 Million |
+10.68% |
| 2017-12-31 | CN¥873.72 Million ≈ $127.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sichuan Zigong Conveying Machine Group 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 183.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.10 Billion | 50.21% |
| Common Stock | CN¥166.87 Million | 7.61% |
| Other Comprehensive Income | CN¥297.46 Million | 13.57% |
| Other Components | CN¥627.37 Million | 28.61% |
| Total Equity | CN¥2.19 Billion | 100.00% |
Sichuan Zigong Conveying Machine Group Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Zigong Conveying Machine Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Appian Corp
NASDAQ:APPN
|
$966.34 Million |
|
Shanghai Zhongyida Co Ltd A
SHG:600610
|
$966.43 Million |
|
New Wave Group AB (publ)
ST:NEWA-B
|
$967.12 Million |
|
Hunan Fazhan Industrial Co Ltd
SHE:000722
|
$967.19 Million |
|
AXWAY SOFTWARE EO 2
F:1XV
|
$965.69 Million |
|
Barings BDC Inc
NYSE:BBDC
|
$965.36 Million |
|
Palvella Therapeutics, Inc
NASDAQ:PVLA
|
$965.15 Million |
|
Xinke Material
SHG:600255
|
$964.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Zigong Conveying Machine Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,074,828,270 to 2,192,814,282, a change of 117,986,012 (5.7%).
- Net income of 157,319,891 contributed positively to equity growth.
- Dividend payments of 43,698,019 reduced retained earnings.
- Share repurchases of 111,025,457 reduced equity.
- Other comprehensive income decreased equity by 127,222,786.
- Other factors increased equity by 242,612,383.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥157.32 Million | +7.17% |
| Dividends Paid | CN¥43.70 Million | -1.99% |
| Share Repurchases | CN¥111.03 Million | -5.06% |
| Other Comprehensive Income | CN¥-127.22 Million | -5.8% |
| Other Changes | CN¥242.61 Million | +11.06% |
| Total Change | CN¥- | 5.69% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Zigong Conveying Machine Group 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: 2.97x
- 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 5.41x to 2.97x 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¥5.20 | CN¥28.11 | x |
| 2018-12-31 | CN¥5.73 | CN¥28.11 | x |
| 2019-12-31 | CN¥6.33 | CN¥28.11 | x |
| 2020-12-31 | CN¥6.89 | CN¥28.11 | x |
| 2021-12-31 | CN¥9.93 | CN¥28.11 | x |
| 2022-12-31 | CN¥8.21 | CN¥28.11 | x |
| 2023-12-31 | CN¥9.27 | CN¥28.11 | x |
| 2024-12-31 | CN¥9.46 | CN¥28.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Zigong Conveying Machine Group 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): 7.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.24%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.24x
- Recent ROE (7.17%) is below the historical average (7.21%), 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 | 8.24% | 11.50% | 0.46x | 1.57x | CN¥-15.35 Million |
| 2018 | 10.23% | 12.65% | 0.46x | 1.75x | CN¥2.20 Million |
| 2019 | 8.91% | 12.16% | 0.45x | 1.64x | CN¥-11.50 Million |
| 2020 | 8.71% | 14.66% | 0.37x | 1.62x | CN¥-15.02 Million |
| 2021 | 4.82% | 10.83% | 0.33x | 1.35x | CN¥-91.70 Million |
| 2022 | 4.70% | 9.43% | 0.35x | 1.43x | CN¥-97.28 Million |
| 2023 | 4.93% | 9.71% | 0.30x | 1.71x | CN¥-105.19 Million |
| 2024 | 7.17% | 10.24% | 0.31x | 2.24x | CN¥-61.96 Million |
Industry Comparison
This section compares Sichuan Zigong Conveying Machine Group Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Zigong Conveying Machine Group Co Ltd (001288) | CN¥2.41 Billion | 8.24% | 1.17x | $966.15 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Sichuan Zigong Conveying Machine Group Co Ltd
Sichuan Zigong Conveying Machine Group Co., Ltd. engages in the research, design, development, production, and sale of conveying machinery in China and internationally. The company offers general, tubular, and horizontal turning belt conveyors; check and drive devices; and shifting telescopic, high-angle, and screw conveyors, as well as bucket elevators for use in various industries, including el… Read more