Shenke Slide Bearing Corp Net Assets
Shenke Slide Bearing Corp net assets. Based on the latest financial reports, Shenke Slide Bearing Corp (002633) has net assets worth CN¥354.71 Million CNY (≈ $51.91 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥729.11 Million ≈ $106.69 Million USD) and total liabilities (CN¥374.40 Million ≈ $54.79 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. Also explore Shenke Slide Bearing Corp (002633) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥354.71 Million |
| % of Total Assets | 48.65% |
| Annual Growth Rate | 5.69% |
| 5-Year Change | -9.68% |
| 10-Year Change | -17.6% |
| Growth Volatility | 37.67 |
Net Assets of Shenke Slide Bearing Corp (2008–2025)
Net assets of Shenke Slide Bearing Corp from 2008 to 2025. This chart illustrates how Shenke Slide Bearing Corp's net assets have evolved over time, based on quarterly financial data. See Shenke Slide Bearing Corp balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Shenke Slide Bearing Corp (2008–2025)
The table below shows the annual net assets of Shenke Slide Bearing Corp from 2008 to 2025. For live market cap and overall valuation, see 002633 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥424.65 Million ≈ $62.14 Million |
+1.22% |
| 2024-12-31 | CN¥419.52 Million ≈ $61.39 Million |
+1.71% |
| 2023-12-31 | CN¥412.48 Million ≈ $60.36 Million |
-4.36% |
| 2022-12-31 | CN¥431.28 Million ≈ $63.11 Million |
-8.27% |
| 2021-12-31 | CN¥470.17 Million ≈ $68.80 Million |
+1.49% |
| 2020-12-31 | CN¥463.28 Million ≈ $67.79 Million |
-6.59% |
| 2019-12-31 | CN¥495.96 Million ≈ $72.57 Million |
-5.50% |
| 2018-12-31 | CN¥524.83 Million ≈ $76.80 Million |
+0.78% |
| 2017-12-31 | CN¥520.76 Million ≈ $76.20 Million |
+1.05% |
| 2016-12-31 | CN¥515.35 Million ≈ $75.41 Million |
-4.45% |
| 2015-12-31 | CN¥539.35 Million ≈ $78.92 Million |
+4.85% |
| 2014-12-31 | CN¥514.38 Million ≈ $75.27 Million |
-7.42% |
| 2013-12-31 | CN¥555.58 Million ≈ $81.30 Million |
-4.89% |
| 2012-12-31 | CN¥584.17 Million ≈ $85.48 Million |
+1.02% |
| 2011-12-31 | CN¥578.30 Million ≈ $84.62 Million |
+157.37% |
| 2010-12-31 | CN¥224.69 Million ≈ $32.88 Million |
+20.99% |
| 2009-12-31 | CN¥185.72 Million ≈ $27.18 Million |
+11.96% |
| 2008-12-31 | CN¥165.88 Million ≈ $24.27 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 267.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Shenke Slide Bearing Corp Net Assets Breakdown (December 2025)
Shenke Slide Bearing Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥491.25 Million | 115.68% |
| Total Equity | CN¥424.65 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 |
|---|---|
|
Guangdong Dcenti Auto-Parts Stock Ltd Co
SHG:603335
|
$313.88 Million |
|
Metropolitan Land Tbk
JK:MTLA
|
$313.99 Million |
|
Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A
SHE:002864
|
$314.00 Million |
|
Republic Digital Acquisition Company Class A Ordinary Shares
NASDAQ:RDAG
|
$314.10 Million |
|
All For One Steeb AG
F:A1OS
|
$313.83 Million |
|
Hainan Huluwa Pharmaceutical Group Co Ltd
SHG:605199
|
$313.82 Million |
|
Gospell Digital Technology Co Ltd
SHE:002848
|
$313.81 Million |
|
Contineum Therapeutics, Inc. Class A Common Stock
NASDAQ:CTNM
|
$313.77 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 2024 to 2025, total equity changed from 419,515,000 to 424,649,347, a change of 5,134,347 (1.2%).
- Net income of 5,159,979 contributed positively to equity growth.
- Dividend payments of 283,584 reduced retained earnings.
- Other comprehensive income decreased equity by 58,229,789.
- Other factors increased equity by 58,487,740.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥5.16 Million | +1.22% |
| Dividends Paid | CN¥283.58K | -0.07% |
| Other Comprehensive Income | CN¥-58.23 Million | -13.71% |
| Other Changes | CN¥58.49 Million | +13.77% |
| Total Change | CN¥- | 1.22% |
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: 5.05x
- 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 10.15x to 5.05x 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¥14.30 | x |
| 2009-12-31 | CN¥1.65 | CN¥14.30 | x |
| 2010-12-31 | CN¥2.00 | CN¥14.30 | x |
| 2011-12-31 | CN¥5.02 | CN¥14.30 | x |
| 2012-12-31 | CN¥3.57 | CN¥14.30 | x |
| 2013-12-31 | CN¥3.59 | CN¥14.30 | x |
| 2014-12-31 | CN¥3.38 | CN¥14.30 | x |
| 2015-12-31 | CN¥3.62 | CN¥14.30 | x |
| 2016-12-31 | CN¥3.41 | CN¥14.30 | x |
| 2017-12-31 | CN¥3.47 | CN¥14.30 | x |
| 2018-12-31 | CN¥3.50 | CN¥14.30 | x |
| 2019-12-31 | CN¥3.31 | CN¥14.30 | x |
| 2020-12-31 | CN¥3.09 | CN¥14.30 | x |
| 2021-12-31 | CN¥3.13 | CN¥14.30 | x |
| 2022-12-31 | CN¥2.87 | CN¥14.30 | x |
| 2023-12-31 | CN¥2.75 | CN¥14.30 | x |
| 2024-12-31 | CN¥2.80 | CN¥14.30 | x |
| 2025-12-31 | CN¥2.83 | CN¥14.30 | 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): 1.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.65%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.56x
- Recent ROE (1.22%) is below the historical average (1.28%), suggesting potential challenges in 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 |
| 2025 | 1.22% | 1.65% | 0.47x | 1.56x | CN¥-37.30 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: $5,065,174,325
- Average return on equity (ROE) among peers: 14.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenke Slide Bearing Corp (002633) | CN¥354.71 Million | 18.93% | 1.06x | $313.88 Million |
| China International Marine Containers Group Ltd (000039) | $39.13 Billion | 1.38% | 2.18x | $3.22 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $344.50 Million | 31.14% | 1.27x | $265.99 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.22 Billion | 3.59% | 1.14x | $282.02 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.73 Billion | 3.33% | 0.42x | $712.61 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.90 Billion | 6.32% | 0.24x | $1.14 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.09 Billion |
| Dajin Heavy Industry Corp (002487) | $1.81 Billion | 3.46% | 0.63x | $3.12 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $860.67 Million | 4.61% | 0.86x | $222.32 Million |
| Guangzheng Group Co Ltd (002524) | $38.92 Million | 30.50% | 1.33x | $272.23 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $2.36 Billion | 5.84% | 2.13x | $2.09 Billion |
About 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