Sunward Intelligent Equipment Co Ltd (002097) - Net Assets
Based on the latest financial reports, Sunward Intelligent Equipment Co Ltd (002097) has net assets worth CN¥5.18 Billion CNY (≈ $757.86 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¥22.08 Billion ≈ $3.23 Billion USD) and total liabilities (CN¥16.90 Billion ≈ $2.47 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 financial resilience of Sunward Intelligent Equipment Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.18 Billion |
| % of Total Assets | 23.46% |
| Annual Growth Rate | 22.92% |
| 5-Year Change | -6.22% |
| 10-Year Change | 110.48% |
| Growth Volatility | 49.68 |
Sunward Intelligent Equipment Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Sunward Intelligent Equipment Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002097 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Sunward Intelligent Equipment Co Ltd (2003–2024)
The table below shows the annual net assets of Sunward Intelligent Equipment Co Ltd from 2003 to 2024. For live valuation and market cap data, see Sunward Intelligent Equipment Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.10 Billion ≈ $746.65 Million |
+7.17% |
| 2023-12-31 | CN¥4.76 Billion ≈ $696.73 Million |
+0.33% |
| 2022-12-31 | CN¥4.75 Billion ≈ $694.41 Million |
-17.07% |
| 2021-12-31 | CN¥5.72 Billion ≈ $837.32 Million |
+5.17% |
| 2020-12-31 | CN¥5.44 Billion ≈ $796.19 Million |
+7.78% |
| 2019-12-31 | CN¥5.05 Billion ≈ $738.68 Million |
+2.25% |
| 2018-12-31 | CN¥4.94 Billion ≈ $722.42 Million |
+3.58% |
| 2017-12-31 | CN¥4.77 Billion ≈ $697.48 Million |
+51.50% |
| 2016-12-31 | CN¥3.15 Billion ≈ $460.37 Million |
+29.78% |
| 2015-12-31 | CN¥2.42 Billion ≈ $354.73 Million |
-0.66% |
| 2014-12-31 | CN¥2.44 Billion ≈ $357.09 Million |
+42.75% |
| 2013-12-31 | CN¥1.71 Billion ≈ $250.14 Million |
+0.95% |
| 2012-12-31 | CN¥1.69 Billion ≈ $247.80 Million |
-4.49% |
| 2011-12-31 | CN¥1.77 Billion ≈ $259.46 Million |
+12.79% |
| 2010-12-31 | CN¥1.57 Billion ≈ $230.04 Million |
+19.24% |
| 2009-12-31 | CN¥1.32 Billion ≈ $192.92 Million |
+9.22% |
| 2008-12-31 | CN¥1.21 Billion ≈ $176.64 Million |
+81.76% |
| 2007-12-31 | CN¥664.11 Million ≈ $97.18 Million |
+27.70% |
| 2006-12-31 | CN¥520.06 Million ≈ $76.10 Million |
+218.16% |
| 2005-12-31 | CN¥163.46 Million ≈ $23.92 Million |
+31.58% |
| 2004-12-31 | CN¥124.23 Million ≈ $18.18 Million |
+85.80% |
| 2003-12-31 | CN¥66.86 Million ≈ $9.78 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sunward Intelligent Equipment 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 2820.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥853.76 Million | 18.50% |
| Common Stock | CN¥1.07 Billion | 23.29% |
| Other Comprehensive Income | CN¥404.90 Million | 8.77% |
| Other Components | CN¥2.28 Billion | 49.44% |
| Total Equity | CN¥4.61 Billion | 100.00% |
Sunward Intelligent Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Sunward Intelligent Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cofco Biochemical Anhui Co Ltd
SHE:000930
|
$1.60 Billion |
|
Zhejiang Jiahua Energy Chemical Industry Co Ltd
SHG:600273
|
$1.60 Billion |
|
Dime Community Bancshares Inc
NASDAQ:DCOM
|
$1.60 Billion |
|
Sociedad Matriz SAAM SA
SN:SMSAAM
|
$1.60 Billion |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
$1.60 Billion |
|
EUTEL.CO.SP.ADR 1/4/ EO1
F:E3B0
|
$1.60 Billion |
|
Xenia Hotels & Resorts Inc
NYSE:XHR
|
$1.60 Billion |
|
Innovative Medical Management Co Ltd
SHE:002173
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunward Intelligent Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,591,906,776 to 4,614,436,630, a change of 22,529,854 (0.5%).
- Net income of 72,995,636 contributed positively to equity growth.
- Dividend payments of 372,731,146 reduced retained earnings.
- Other comprehensive income increased equity by 14,108,956.
- Other factors increased equity by 308,156,408.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥73.00 Million | +1.58% |
| Dividends Paid | CN¥372.73 Million | -8.08% |
| Other Comprehensive Income | CN¥14.11 Million | +0.31% |
| Other Changes | CN¥308.16 Million | +6.68% |
| Total Change | CN¥- | 0.49% |
Book Value vs Market Value Analysis
This analysis compares Sunward Intelligent Equipment 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: 2.37x
- 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 44.30x to 2.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.23 | CN¥10.17 | x |
| 2004-12-31 | CN¥0.43 | CN¥10.17 | x |
| 2005-12-31 | CN¥0.56 | CN¥10.17 | x |
| 2006-12-31 | CN¥2.32 | CN¥10.17 | x |
| 2007-12-31 | CN¥1.11 | CN¥10.17 | x |
| 2008-12-31 | CN¥1.95 | CN¥10.17 | x |
| 2009-12-31 | CN¥3.17 | CN¥10.17 | x |
| 2010-12-31 | CN¥2.50 | CN¥10.17 | x |
| 2011-12-31 | CN¥2.75 | CN¥10.17 | x |
| 2012-12-31 | CN¥2.66 | CN¥10.17 | x |
| 2013-12-31 | CN¥2.73 | CN¥10.17 | x |
| 2014-12-31 | CN¥3.22 | CN¥10.17 | x |
| 2015-12-31 | CN¥3.15 | CN¥10.17 | x |
| 2016-12-31 | CN¥3.27 | CN¥10.17 | x |
| 2017-12-31 | CN¥5.16 | CN¥10.17 | x |
| 2018-12-31 | CN¥4.37 | CN¥10.17 | x |
| 2019-12-31 | CN¥4.65 | CN¥10.17 | x |
| 2020-12-31 | CN¥4.88 | CN¥10.17 | x |
| 2021-12-31 | CN¥5.13 | CN¥10.17 | x |
| 2022-12-31 | CN¥4.24 | CN¥10.17 | x |
| 2023-12-31 | CN¥4.27 | CN¥10.17 | x |
| 2024-12-31 | CN¥4.29 | CN¥10.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunward Intelligent Equipment 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): 1.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.03%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 4.54x
- Recent ROE (1.58%) is below the historical average (7.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 34.78% | 13.57% | 0.80x | 3.19x | CN¥16.57 Million |
| 2004 | 21.20% | 11.41% | 0.71x | 2.64x | CN¥13.91 Million |
| 2005 | 23.31% | 10.79% | 0.93x | 2.33x | CN¥21.57 Million |
| 2006 | 15.72% | 12.80% | 0.64x | 1.91x | CN¥29.68 Million |
| 2007 | 22.20% | 12.79% | 0.81x | 2.13x | CN¥80.99 Million |
| 2008 | 4.33% | 4.13% | 0.59x | 1.77x | CN¥-67.89 Million |
| 2009 | 8.10% | 7.27% | 0.54x | 2.08x | CN¥-24.72 Million |
| 2010 | 13.13% | 7.15% | 0.65x | 2.81x | CN¥48.40 Million |
| 2011 | 11.67% | 6.58% | 0.64x | 2.76x | CN¥29.13 Million |
| 2012 | 0.55% | 0.47% | 0.36x | 3.19x | CN¥-157.38 Million |
| 2013 | 1.62% | 1.29% | 0.38x | 3.35x | CN¥-140.88 Million |
| 2014 | 0.27% | 0.36% | 0.29x | 2.66x | CN¥-235.14 Million |
| 2015 | -1.23% | -2.01% | 0.23x | 2.66x | CN¥-267.22 Million |
| 2016 | 2.71% | 3.36% | 0.20x | 4.12x | CN¥-180.26 Million |
| 2017 | 3.70% | 4.01% | 0.32x | 2.87x | CN¥-269.74 Million |
| 2018 | 9.29% | 7.46% | 0.40x | 3.09x | CN¥-32.57 Million |
| 2019 | 10.11% | 6.77% | 0.47x | 3.16x | CN¥5.31 Million |
| 2020 | 10.09% | 5.75% | 0.54x | 3.27x | CN¥4.58 Million |
| 2021 | 5.78% | 2.79% | 0.59x | 3.49x | CN¥-232.61 Million |
| 2022 | -24.98% | -15.58% | 0.35x | 4.52x | CN¥-1.59 Billion |
| 2023 | 1.09% | 0.69% | 0.35x | 4.55x | CN¥-409.20 Million |
| 2024 | 1.58% | 1.03% | 0.34x | 4.54x | CN¥-388.45 Million |
Industry Comparison
This section compares Sunward Intelligent Equipment 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: $2,462,103,439
- Average return on equity (ROE) among peers: 5.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunward Intelligent Equipment Co Ltd (002097) | CN¥5.18 Billion | 34.78% | 3.26x | $1.60 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $1.26 Billion | 18.30% | 1.06x | $8.08 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $1.07 Billion | -12.02% | 1.95x | $17.15 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $9.13 Billion | 2.18% | 1.28x | $2.90 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $4.51 Billion | 1.03% | 1.49x | $2.65 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $1.35 Billion | 5.97% | 0.47x | $652.17 Million |
| HBIS Resources Co Ltd (000923) | $597.15 Million | 0.90% | 1.42x | $1.72 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $629.29 Million | 1.48% | 1.25x | $3.84 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $2.59 Billion | 22.66% | 2.13x | $1.04 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $1.03 Billion | 7.33% | 0.54x | $906.17 Million |
About Sunward Intelligent Equipment Co Ltd
Sunward Intelligent Equipment Co., Ltd. manufactures and sells equipment worldwide. The company offers engineering equipment, such as excavating machinery, underground engineering equipment, rock drilling equipment, lifting machinery, loading machinery, aerial work machinery, mobile and stationary crushing and screening equipment, mining truck, tunnel boring machine, and drilling and production e… Read more