Shenke Slide Bearing Corp
Shenke Slide Bearing Corporation, together with its subsidiaries, researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People's Republic of China and internationally. It offers DQY end cover sliding bearing series and ZQ/ZQKT pedestal sliding bearing series, which are used in large and medium-sized AC and DC motors, and other rotating machinery. The c… Read more
Shenke Slide Bearing Corp (002633) - Net Assets
Latest net assets as of September 2025: CN¥425.57 Million CNY
Based on the latest financial reports, Shenke Slide Bearing Corp (002633) has net assets worth CN¥425.57 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¥647.79 Million) and total liabilities (CN¥222.22 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¥425.57 Million |
| % of Total Assets | 65.7% |
| Annual Growth Rate | 5.97% |
| 5-Year Change | -9.45% |
| 10-Year Change | -22.22% |
| Growth Volatility | 38.77 |
Shenke Slide Bearing Corp - Net Assets Trend (2008–2024)
This chart illustrates how Shenke Slide Bearing Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenke Slide Bearing Corp (2008–2024)
The table below shows the annual net assets of Shenke Slide Bearing Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥419.52 Million | +1.71% |
| 2023-12-31 | CN¥412.48 Million | -4.36% |
| 2022-12-31 | CN¥431.28 Million | -8.27% |
| 2021-12-31 | CN¥470.17 Million | +1.49% |
| 2020-12-31 | CN¥463.28 Million | -6.59% |
| 2019-12-31 | CN¥495.96 Million | -5.50% |
| 2018-12-31 | CN¥524.83 Million | +0.78% |
| 2017-12-31 | CN¥520.76 Million | +1.05% |
| 2016-12-31 | CN¥515.35 Million | -4.45% |
| 2015-12-31 | CN¥539.35 Million | +4.85% |
| 2014-12-31 | CN¥514.38 Million | -7.42% |
| 2013-12-31 | CN¥555.58 Million | -4.89% |
| 2012-12-31 | CN¥584.17 Million | +1.02% |
| 2011-12-31 | CN¥578.30 Million | +157.37% |
| 2010-12-31 | CN¥224.69 Million | +20.99% |
| 2009-12-31 | CN¥185.72 Million | +11.96% |
| 2008-12-31 | CN¥165.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenke Slide Bearing Corp'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 279.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥150.00 Million | 35.76% |
| Other Comprehensive Income | CN¥58.23 Million | 13.88% |
| Other Components | CN¥283.05 Million | 67.47% |
| Total Equity | CN¥419.51 Million | 100.00% |
Shenke Slide Bearing Corp Competitors by Market Cap
The table below lists competitors of Shenke Slide Bearing Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guizhou Gas Group Corporation Ltd Class A
SHG:600903
|
$346.65 Million |
|
Peugeot Invest Société anonyme
PINK:SFFFF
|
$346.78 Million |
|
Concord Biotech Limited
NSE:CONCORDBIO
|
$346.78 Million |
|
TELUS International
NYSE:TIXT
|
$346.81 Million |
|
Pentamaster Corporation Bhd
KLSE:7160
|
$346.47 Million |
|
ioneer Ltd American Depositary Shares
NASDAQ:IONR
|
$346.45 Million |
|
Tectonic Therapeutic, Inc.
NASDAQ:TECX
|
$346.28 Million |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
$346.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenke Slide Bearing Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 412,475,000 to 419,515,000, a change of 7,040,000 (1.7%).
- Net income of 6,864,237 contributed positively to equity growth.
- Dividend payments of 413,927 reduced retained earnings.
- Other comprehensive income increased equity by 58,039,999.
- Other factors decreased equity by 57,450,309.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥6.86 Million | +1.64% |
| Dividends Paid | CN¥413.93K | -0.1% |
| Other Comprehensive Income | CN¥58.04 Million | +13.84% |
| Other Changes | CN¥-57.45 Million | -13.69% |
| Total Change | CN¥- | 1.71% |
Book Value vs Market Value Analysis
This analysis compares Shenke Slide Bearing Corp'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: 6.67x
- 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 13.24x to 6.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥1.41 | CN¥18.65 | x |
| 2009-12-31 | CN¥1.65 | CN¥18.65 | x |
| 2010-12-31 | CN¥2.00 | CN¥18.65 | x |
| 2011-12-31 | CN¥5.02 | CN¥18.65 | x |
| 2012-12-31 | CN¥3.57 | CN¥18.65 | x |
| 2013-12-31 | CN¥3.59 | CN¥18.65 | x |
| 2014-12-31 | CN¥3.38 | CN¥18.65 | x |
| 2015-12-31 | CN¥3.62 | CN¥18.65 | x |
| 2016-12-31 | CN¥3.41 | CN¥18.65 | x |
| 2017-12-31 | CN¥3.47 | CN¥18.65 | x |
| 2018-12-31 | CN¥3.50 | CN¥18.65 | x |
| 2019-12-31 | CN¥3.31 | CN¥18.65 | x |
| 2020-12-31 | CN¥3.09 | CN¥18.65 | x |
| 2021-12-31 | CN¥3.13 | CN¥18.65 | x |
| 2022-12-31 | CN¥2.88 | CN¥18.65 | x |
| 2023-12-31 | CN¥2.75 | CN¥18.65 | x |
| 2024-12-31 | CN¥2.80 | CN¥18.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenke Slide Bearing Corp 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): 1.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.12%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.52x
- Recent ROE (1.64%) is above the historical average (1.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 18.93% | 17.39% | 0.39x | 2.81x | CN¥14.21 Million |
| 2009 | 17.35% | 17.98% | 0.32x | 3.02x | CN¥13.65 Million |
| 2010 | 16.98% | 18.35% | 0.34x | 2.73x | CN¥15.69 Million |
| 2011 | 6.77% | 15.89% | 0.27x | 1.60x | CN¥-18.65 Million |
| 2012 | 1.12% | 2.38% | 0.28x | 1.67x | CN¥-50.39 Million |
| 2013 | -5.29% | -11.42% | 0.28x | 1.67x | CN¥-82.44 Million |
| 2014 | -7.39% | -14.18% | 0.29x | 1.82x | CN¥-89.44 Million |
| 2015 | 3.87% | 9.05% | 0.32x | 1.33x | CN¥-33.07 Million |
| 2016 | -4.99% | -18.56% | 0.23x | 1.18x | CN¥-77.24 Million |
| 2017 | 1.04% | 3.11% | 0.28x | 1.18x | CN¥-46.66 Million |
| 2018 | 0.77% | 2.51% | 0.26x | 1.18x | CN¥-48.42 Million |
| 2019 | -5.82% | -23.51% | 0.20x | 1.23x | CN¥-78.47 Million |
| 2020 | -7.05% | -19.24% | 0.27x | 1.35x | CN¥-79.00 Million |
| 2021 | -2.47% | -5.47% | 0.32x | 1.40x | CN¥-58.63 Million |
| 2022 | -9.02% | -17.00% | 0.35x | 1.50x | CN¥-82.01 Million |
| 2023 | -4.61% | -6.96% | 0.42x | 1.59x | CN¥-60.25 Million |
| 2024 | 1.64% | 2.12% | 0.51x | 1.52x | CN¥-35.09 Million |
Industry Comparison
This section compares Shenke Slide Bearing Corp's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenke Slide Bearing Corp (002633) | CN¥425.57 Million | 18.93% | 0.52x | $346.52 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |