Shenyang Brilliant Elevator Group Co Ltd
Shenyang Yuanda Intellectual Industry Group Co.,Ltd researches, develops, manufactures, installs, sells, and maintains elevators in China and internationally. It offers lift products, including machine room and roomless, panoramic, freight, bed, accessional, home, and high-speed elevators; escalator/passenger conveyor; elevator spare parts, including door machine, landing door, and security compo… Read more
Shenyang Brilliant Elevator Group Co Ltd (002689) - Net Assets
Latest net assets as of September 2025: CN¥1.22 Billion CNY
Based on the latest financial reports, Shenyang Brilliant Elevator Group Co Ltd (002689) has net assets worth CN¥1.22 Billion 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¥1.90 Billion) and total liabilities (CN¥679.74 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¥1.22 Billion |
| % of Total Assets | 64.21% |
| Annual Growth Rate | 7.68% |
| 5-Year Change | -11.0% |
| 10-Year Change | -13.31% |
| Growth Volatility | 33.35 |
Shenyang Brilliant Elevator Group Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Shenyang Brilliant Elevator Group 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 Shenyang Brilliant Elevator Group Co Ltd (2009–2024)
The table below shows the annual net assets of Shenyang Brilliant Elevator Group Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion | +1.30% |
| 2023-12-31 | CN¥1.16 Billion | +2.19% |
| 2022-12-31 | CN¥1.14 Billion | -14.67% |
| 2021-12-31 | CN¥1.33 Billion | +0.76% |
| 2020-12-31 | CN¥1.32 Billion | +2.29% |
| 2019-12-31 | CN¥1.29 Billion | -5.24% |
| 2018-12-31 | CN¥1.37 Billion | -6.77% |
| 2017-12-31 | CN¥1.47 Billion | +2.59% |
| 2016-12-31 | CN¥1.43 Billion | +5.07% |
| 2015-12-31 | CN¥1.36 Billion | -1.74% |
| 2014-12-31 | CN¥1.38 Billion | +5.60% |
| 2013-12-31 | CN¥1.31 Billion | +4.79% |
| 2012-12-31 | CN¥1.25 Billion | +131.09% |
| 2011-12-31 | CN¥541.12 Million | +29.07% |
| 2010-12-31 | CN¥419.25 Million | +7.99% |
| 2009-12-31 | CN¥388.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenyang Brilliant Elevator Group 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 110.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.04 Billion | 88.51% |
| Other Comprehensive Income | CN¥118.70 Million | 10.07% |
| Other Components | CN¥38.90 Million | 3.30% |
| Total Equity | CN¥1.18 Billion | 100.00% |
Shenyang Brilliant Elevator Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenyang Brilliant Elevator Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unizyx Holding Corp
TW:3704
|
$256.10 Million |
|
IZDEMIR Enerji Elektrik Uretim A.S.
IS:IZENR
|
$256.11 Million |
|
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
|
$256.16 Million |
|
Contango ORE Inc
NYSE MKT:CTGO
|
$256.23 Million |
|
VIP Industries Limited
NSE:VIPIND
|
$255.94 Million |
|
Shin Poong Pharm.Co.Ltd.
KO:019170
|
$255.90 Million |
|
Hailun Piano Co Ltd
SHE:300329
|
$255.90 Million |
|
Wagners Holding Company Ltd
AU:WGN
|
$255.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenyang Brilliant Elevator Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,163,683,837 to 1,178,759,547, a change of 15,075,710 (1.3%).
- Net income of 18,117,139 contributed positively to equity growth.
- Other comprehensive income increased equity by 121,981,205.
- Other factors decreased equity by 125,022,634.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥18.12 Million | +1.54% |
| Other Comprehensive Income | CN¥121.98 Million | +10.35% |
| Other Changes | CN¥-125.02 Million | -10.61% |
| Total Change | CN¥- | 1.30% |
Book Value vs Market Value Analysis
This analysis compares Shenyang Brilliant Elevator Group 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: 3.37x
- 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 7.52x to 3.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.51 | CN¥3.81 | x |
| 2010-12-31 | CN¥0.55 | CN¥3.81 | x |
| 2011-12-31 | CN¥0.70 | CN¥3.81 | x |
| 2012-12-31 | CN¥1.41 | CN¥3.81 | x |
| 2013-12-31 | CN¥1.27 | CN¥3.81 | x |
| 2014-12-31 | CN¥1.34 | CN¥3.81 | x |
| 2015-12-31 | CN¥1.28 | CN¥3.81 | x |
| 2016-12-31 | CN¥1.38 | CN¥3.81 | x |
| 2017-12-31 | CN¥1.41 | CN¥3.81 | x |
| 2018-12-31 | CN¥1.32 | CN¥3.81 | x |
| 2019-12-31 | CN¥1.25 | CN¥3.81 | x |
| 2020-12-31 | CN¥1.28 | CN¥3.81 | x |
| 2021-12-31 | CN¥1.28 | CN¥3.81 | x |
| 2022-12-31 | CN¥1.09 | CN¥3.81 | x |
| 2023-12-31 | CN¥1.11 | CN¥3.81 | x |
| 2024-12-31 | CN¥1.13 | CN¥3.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenyang Brilliant Elevator Group 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): 1.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.51%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.56x
- Recent ROE (1.54%) is below the historical average (6.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 24.10% | 9.46% | 0.74x | 3.44x | CN¥54.75 Million |
| 2010 | 13.65% | 4.27% | 0.92x | 3.47x | CN¥15.32 Million |
| 2011 | 22.66% | 8.24% | 0.84x | 3.28x | CN¥68.48 Million |
| 2012 | 9.90% | 8.19% | 0.61x | 1.97x | CN¥-1.23 Million |
| 2013 | 11.92% | 9.48% | 0.63x | 1.98x | CN¥25.28 Million |
| 2014 | 13.67% | 9.69% | 0.70x | 2.00x | CN¥50.92 Million |
| 2015 | 8.69% | 7.45% | 0.62x | 1.90x | CN¥-17.84 Million |
| 2016 | 4.89% | 5.66% | 0.50x | 1.74x | CN¥-73.36 Million |
| 2017 | 2.43% | 3.03% | 0.47x | 1.71x | CN¥-111.17 Million |
| 2018 | 0.68% | 0.76% | 0.52x | 1.73x | CN¥-127.72 Million |
| 2019 | -8.37% | -13.44% | 0.38x | 1.63x | CN¥-238.89 Million |
| 2020 | 0.51% | 0.74% | 0.43x | 1.59x | CN¥-126.47 Million |
| 2021 | 0.97% | 1.34% | 0.46x | 1.58x | CN¥-120.45 Million |
| 2022 | -9.78% | -11.27% | 0.50x | 1.73x | CN¥-225.27 Million |
| 2023 | 2.67% | 2.32% | 0.70x | 1.63x | CN¥-85.36 Million |
| 2024 | 1.54% | 1.51% | 0.66x | 1.56x | CN¥-99.76 Million |
Industry Comparison
This section compares Shenyang Brilliant Elevator Group Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenyang Brilliant Elevator Group Co Ltd (002689) | CN¥1.22 Billion | 24.10% | 0.56x | $255.98 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |