Sichuan Shengda Forestry Industry Co Ltd (002259) - Net Assets
Based on the latest financial reports, Sichuan Shengda Forestry Industry Co Ltd (002259) has net assets worth CN¥280.05 Million CNY (≈ $40.98 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¥930.69 Million ≈ $136.19 Million USD) and total liabilities (CN¥650.64 Million ≈ $95.21 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 Sichuan Shengda Forestry Industry Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
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. See Sichuan Shengda Forestry Industry Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see 002259 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥264.66 Million ≈ $38.73 Million |
+3.12% |
| 2023-12-31 | CN¥256.66 Million ≈ $37.56 Million |
+3.37% |
| 2022-12-31 | CN¥248.29 Million ≈ $36.33 Million |
+99.76% |
| 2021-12-31 | CN¥124.29 Million ≈ $18.19 Million |
+80.18% |
| 2020-12-31 | CN¥68.98 Million ≈ $10.09 Million |
-86.44% |
| 2019-12-31 | CN¥508.56 Million ≈ $74.42 Million |
-71.21% |
| 2018-12-31 | CN¥1.77 Billion ≈ $258.51 Million |
-9.61% |
| 2017-12-31 | CN¥1.95 Billion ≈ $286.00 Million |
+3.53% |
| 2016-12-31 | CN¥1.89 Billion ≈ $276.25 Million |
+54.92% |
| 2015-12-31 | CN¥1.22 Billion ≈ $178.32 Million |
+19.20% |
| 2014-12-31 | CN¥1.02 Billion ≈ $149.59 Million |
+18.94% |
| 2013-12-31 | CN¥859.47 Million ≈ $125.77 Million |
+2.93% |
| 2012-12-31 | CN¥835.03 Million ≈ $122.19 Million |
+1.69% |
| 2011-12-31 | CN¥821.15 Million ≈ $120.16 Million |
-2.66% |
| 2010-12-31 | CN¥843.55 Million ≈ $123.44 Million |
+66.55% |
| 2009-12-31 | CN¥506.48 Million ≈ $74.11 Million |
-0.05% |
| 2008-12-31 | CN¥506.75 Million ≈ $74.15 Million |
+101.10% |
| 2007-12-31 | CN¥251.99 Million ≈ $36.87 Million |
-15.70% |
| 2006-12-31 | CN¥298.92 Million ≈ $43.74 Million |
+109.81% |
| 2005-12-31 | CN¥142.47 Million ≈ $20.85 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 |
|---|---|
|
SNTEnergy Co Ltd
KO:100840
|
$492.15 Million |
|
Raubex
JSE:RBX
|
$492.17 Million |
|
Shanghai Guangdian Electric Group Co Ltd
SHG:601616
|
$492.18 Million |
|
Comtec Sys
KO:031820
|
$492.21 Million |
|
Taiwan Shin Kong Security Co Ltd
TW:9925
|
$492.05 Million |
|
Fulgent Sun International Holding Co Ltd
TW:9802
|
$492.02 Million |
|
Lendingtree Inc
NASDAQ:TREE
|
$491.84 Million |
|
Rayonier Advanced Materials
NYSE:RYAM
|
$491.82 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: 13.25x
- 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 9.67x to 13.25x 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¥4.47 | x |
| 2006-12-31 | CN¥0.91 | CN¥4.47 | x |
| 2007-12-31 | CN¥0.63 | CN¥4.47 | x |
| 2008-12-31 | CN¥1.06 | CN¥4.47 | x |
| 2009-12-31 | CN¥0.96 | CN¥4.47 | x |
| 2010-12-31 | CN¥2.00 | CN¥4.47 | x |
| 2011-12-31 | CN¥1.25 | CN¥4.47 | x |
| 2012-12-31 | CN¥1.28 | CN¥4.47 | x |
| 2013-12-31 | CN¥1.32 | CN¥4.47 | x |
| 2014-12-31 | CN¥1.31 | CN¥4.47 | x |
| 2015-12-31 | CN¥1.31 | CN¥4.47 | x |
| 2016-12-31 | CN¥2.36 | CN¥4.47 | x |
| 2017-12-31 | CN¥2.19 | CN¥4.47 | x |
| 2018-12-31 | CN¥1.98 | CN¥4.47 | x |
| 2019-12-31 | CN¥0.32 | CN¥4.47 | x |
| 2020-12-31 | CN¥0.08 | CN¥4.47 | x |
| 2021-12-31 | CN¥0.15 | CN¥4.47 | x |
| 2022-12-31 | CN¥0.32 | CN¥4.47 | x |
| 2023-12-31 | CN¥0.33 | CN¥4.47 | x |
| 2024-12-31 | CN¥0.34 | CN¥4.47 | 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: $278,928,440,750
- Average return on equity (ROE) among peers: 12.44%
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 | $492.10 Million |
| China Petroleum & Chemical Corp Class A (600028) | $877.30 Billion | 6.55% | 1.01x | $69.06 Billion |
| Guanghui Energy Co Ltd (600256) | $23.14 Billion | 5.81% | 1.20x | $5.24 Billion |
| PetroChina Co Ltd Class A (601857) | $212.41 Billion | 9.03% | 0.83x | $235.76 Billion |
| Zhongman Petro & Natural Gas (603619) | $2.86 Billion | 28.36% | 2.19x | $1.55 Billion |
About 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