Sichuan Shengda Forestry Industry Co Ltd
Sichuan Shengda Forestry Industry Co., Ltd produces and sells liquefied natural gas (LNG) in China. It is involved in the operation of oil and gas pipeline network system; operation of gas filling stations; LNG logistics transportation services; and other businesses. The company was formerly known as Sichuan Shengda Forest Products Co., Ltd. The company was incorporated in 2005 and is based in Ch… Read more
Sichuan Shengda Forestry Industry Co Ltd (002259) - Net Assets
Latest net assets as of September 2025: CN¥280.05 Million CNY
Based on the latest financial reports, Sichuan Shengda Forestry Industry Co Ltd (002259) has net assets worth CN¥280.05 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥930.69 Million) and total liabilities (CN¥650.64 Million). 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¥280.05 Million |
| % of Total Assets | 30.09% |
| Annual Growth Rate | 3.31% |
| 5-Year Change | 283.65% |
| 10-Year Change | -78.28% |
| Growth Volatility | 52.41 |
Sichuan Shengda Forestry Industry Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Sichuan Shengda Forestry Industry 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 Sichuan Shengda Forestry Industry Co Ltd (2005–2024)
The table below shows the annual net assets of Sichuan Shengda Forestry Industry Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥264.66 Million | +3.12% |
| 2023-12-31 | CN¥256.66 Million | +3.37% |
| 2022-12-31 | CN¥248.29 Million | +99.76% |
| 2021-12-31 | CN¥124.29 Million | +80.18% |
| 2020-12-31 | CN¥68.98 Million | -86.44% |
| 2019-12-31 | CN¥508.56 Million | -71.21% |
| 2018-12-31 | CN¥1.77 Billion | -9.61% |
| 2017-12-31 | CN¥1.95 Billion | +3.53% |
| 2016-12-31 | CN¥1.89 Billion | +54.92% |
| 2015-12-31 | CN¥1.22 Billion | +19.20% |
| 2014-12-31 | CN¥1.02 Billion | +18.94% |
| 2013-12-31 | CN¥859.47 Million | +2.93% |
| 2012-12-31 | CN¥835.03 Million | +1.69% |
| 2011-12-31 | CN¥821.15 Million | -2.66% |
| 2010-12-31 | CN¥843.55 Million | +66.55% |
| 2009-12-31 | CN¥506.48 Million | -0.05% |
| 2008-12-31 | CN¥506.75 Million | +101.10% |
| 2007-12-31 | CN¥251.99 Million | -15.70% |
| 2006-12-31 | CN¥298.92 Million | +109.81% |
| 2005-12-31 | CN¥142.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Shengda Forestry Industry 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 decreased by 8512.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥752.33 Million | 295.56% |
| Other Comprehensive Income | CN¥279.03 Million | 109.62% |
| Other Components | CN¥389.18 Million | 152.89% |
| Total Equity | CN¥254.55 Million | 100.00% |
Sichuan Shengda Forestry Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Shengda Forestry Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ruitai Materials Technology Co Ltd
SHE:002066
|
$387.51 Million |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA
|
$387.54 Million |
|
Mnc Land Tbk
JK:KPIG
|
$387.57 Million |
|
Shanxi Antai Group Co Ltd
SHG:600408
|
$387.82 Million |
|
Shanghai QiFan Cable Co Ltd
SHG:605222
|
$387.49 Million |
|
Nanjing Quanxin Cable Technology Co Ltd
SHE:300447
|
$387.47 Million |
|
Zhejiang Dehong Automotive
SHG:603701
|
$387.41 Million |
|
I-Mab
NASDAQ:IMAB
|
$387.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Shengda Forestry Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 245,067,037 to 254,545,412, a change of 9,478,375 (3.9%).
- Net income of 11,998,664 contributed positively to equity growth.
- Dividend payments of 17,258,239 reduced retained earnings.
- Other comprehensive income decreased equity by 2,520,289.
- Other factors increased equity by 17,258,239.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.00 Million | +4.71% |
| Dividends Paid | CN¥17.26 Million | -6.78% |
| Other Comprehensive Income | CN¥-2.52 Million | -0.99% |
| Other Changes | CN¥17.26 Million | +6.78% |
| Total Change | CN¥- | 3.87% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Shengda Forestry Industry 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: 16.25x
- 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 increased from 11.85x to 16.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.46 | CN¥5.48 | x |
| 2006-12-31 | CN¥0.91 | CN¥5.48 | x |
| 2007-12-31 | CN¥0.63 | CN¥5.48 | x |
| 2008-12-31 | CN¥1.06 | CN¥5.48 | x |
| 2009-12-31 | CN¥0.96 | CN¥5.48 | x |
| 2010-12-31 | CN¥2.00 | CN¥5.48 | x |
| 2011-12-31 | CN¥1.25 | CN¥5.48 | x |
| 2012-12-31 | CN¥1.28 | CN¥5.48 | x |
| 2013-12-31 | CN¥1.32 | CN¥5.48 | x |
| 2014-12-31 | CN¥1.31 | CN¥5.48 | x |
| 2015-12-31 | CN¥1.31 | CN¥5.48 | x |
| 2016-12-31 | CN¥2.36 | CN¥5.48 | x |
| 2017-12-31 | CN¥2.19 | CN¥5.48 | x |
| 2018-12-31 | CN¥1.98 | CN¥5.48 | x |
| 2019-12-31 | CN¥0.32 | CN¥5.48 | x |
| 2020-12-31 | CN¥0.08 | CN¥5.48 | x |
| 2021-12-31 | CN¥0.15 | CN¥5.48 | x |
| 2022-12-31 | CN¥0.32 | CN¥5.48 | x |
| 2023-12-31 | CN¥0.33 | CN¥5.48 | x |
| 2024-12-31 | CN¥0.34 | CN¥5.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Shengda Forestry Industry 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): 4.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.64%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 3.55x
- Recent ROE (4.71%) is above the historical average (-13.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 19.74% | 8.44% | 0.80x | 2.91x | CN¥13.68 Million |
| 2006 | 9.56% | 7.61% | 0.48x | 2.61x | CN¥-1.30 Million |
| 2007 | 14.59% | 7.56% | 0.56x | 3.44x | CN¥11.51 Million |
| 2008 | 4.50% | 4.16% | 0.39x | 2.81x | CN¥-27.80 Million |
| 2009 | 2.90% | 2.60% | 0.37x | 3.00x | CN¥-35.88 Million |
| 2010 | 4.31% | 5.25% | 0.34x | 2.38x | CN¥-47.68 Million |
| 2011 | -2.00% | -1.79% | 0.38x | 2.98x | CN¥-96.64 Million |
| 2012 | 1.49% | 1.54% | 0.32x | 2.99x | CN¥-69.54 Million |
| 2013 | 1.44% | 1.66% | 0.27x | 3.15x | CN¥-70.91 Million |
| 2014 | 1.83% | 2.05% | 0.38x | 2.37x | CN¥-68.74 Million |
| 2015 | 1.61% | 2.09% | 0.21x | 3.73x | CN¥-71.61 Million |
| 2016 | 4.29% | 4.59% | 0.42x | 2.22x | CN¥-95.10 Million |
| 2017 | 6.20% | 8.79% | 0.40x | 1.76x | CN¥-63.39 Million |
| 2018 | -12.97% | -20.14% | 0.31x | 2.06x | CN¥-342.55 Million |
| 2019 | -521.76% | -114.07% | 0.72x | 6.37x | CN¥-1.29 Billion |
| 2020 | 180.44% | 10.98% | 0.91x | 18.11x | CN¥99.40 Million |
| 2021 | 43.76% | 3.32% | 1.56x | 8.43x | CN¥38.73 Million |
| 2022 | -26.21% | -3.41% | 1.91x | 4.03x | CN¥-87.19 Million |
| 2023 | -0.45% | -0.14% | 0.87x | 3.64x | CN¥-25.61 Million |
| 2024 | 4.71% | 1.64% | 0.81x | 3.55x | CN¥-13.46 Million |
Industry Comparison
This section compares Sichuan Shengda Forestry Industry Co Ltd's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $7,634,011,758
- Average return on equity (ROE) among peers: 6.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Shengda Forestry Industry Co Ltd (002259) | CN¥280.05 Million | 19.74% | 2.32x | $387.50 Million |
| Guanghui Energy Co Ltd (600256) | $14.57 Billion | 4.48% | 2.09x | $5.13 Billion |
| Zhongman Petro & Natural Gas (603619) | $695.72 Million | 8.75% | 2.64x | $2.06 Billion |