Shenyang Brilliant Elevator Group Co Ltd Net Assets
Shenyang Brilliant Elevator Group Co Ltd net assets. Based on the latest financial reports, Shenyang Brilliant Elevator Group Co Ltd (002689) has net assets worth CN¥1.23 Billion CNY (≈ $179.53 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¥1.87 Billion ≈ $274.29 Million USD) and total liabilities (CN¥647.57 Million ≈ $94.76 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 net asset momentum of Shenyang Brilliant Elevator Group Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.23 Billion |
| % of Total Assets | 65.45% |
| Annual Growth Rate | 7.73% |
| 5-Year Change | -4.26% |
| 10-Year Change | -10.57% |
| Growth Volatility | 32.3 |
Net Assets of Shenyang Brilliant Elevator Group Co Ltd (2009–2025)
Net assets of Shenyang Brilliant Elevator Group Co Ltd from 2009 to 2025. This chart illustrates how Shenyang Brilliant Elevator Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenyang Brilliant Elevator Group Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Shenyang Brilliant Elevator Group Co Ltd (2009–2025)
The table below shows the annual net assets of Shenyang Brilliant Elevator Group Co Ltd from 2009 to 2025. For live market cap and overall valuation, see Shenyang Brilliant Elevator Group Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.28 Billion ≈ $186.97 Million |
+8.39% |
| 2024-12-31 | CN¥1.18 Billion ≈ $172.49 Million |
+1.30% |
| 2023-12-31 | CN¥1.16 Billion ≈ $170.28 Million |
+2.19% |
| 2022-12-31 | CN¥1.14 Billion ≈ $166.64 Million |
-14.67% |
| 2021-12-31 | CN¥1.33 Billion ≈ $195.29 Million |
+0.76% |
| 2020-12-31 | CN¥1.32 Billion ≈ $193.80 Million |
+2.29% |
| 2019-12-31 | CN¥1.29 Billion ≈ $189.46 Million |
-5.24% |
| 2018-12-31 | CN¥1.37 Billion ≈ $199.95 Million |
-6.77% |
| 2017-12-31 | CN¥1.47 Billion ≈ $214.47 Million |
+2.59% |
| 2016-12-31 | CN¥1.43 Billion ≈ $209.06 Million |
+5.07% |
| 2015-12-31 | CN¥1.36 Billion ≈ $198.96 Million |
-1.74% |
| 2014-12-31 | CN¥1.38 Billion ≈ $202.49 Million |
+5.60% |
| 2013-12-31 | CN¥1.31 Billion ≈ $191.75 Million |
+4.79% |
| 2012-12-31 | CN¥1.25 Billion ≈ $182.98 Million |
+131.09% |
| 2011-12-31 | CN¥541.12 Million ≈ $79.18 Million |
+29.07% |
| 2010-12-31 | CN¥419.25 Million ≈ $61.35 Million |
+7.99% |
| 2009-12-31 | CN¥388.23 Million ≈ $56.81 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 62.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Shenyang Brilliant Elevator Group Co Ltd Net Assets Breakdown (December 2025)
Shenyang Brilliant Elevator Group Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥76.01 Million | 5.95% |
| Other Components | CN¥1.20 Billion | 94.05% |
| Total Equity | CN¥1.28 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 |
|---|---|
|
Dongwon System
KO:014820
|
$407.67 Million |
|
Hey-Song Corp
TW:1234
|
$407.69 Million |
|
Salmones Camanchaca S.A
SN:SALMOCAM
|
$407.84 Million |
|
Whitefield Industrials Ltd
AU:WHF
|
$407.88 Million |
|
INTEKPLUS Co. Ltd
KQ:064290
|
$407.58 Million |
|
Aspen Aerogels Inc
NYSE:ASPN
|
$407.47 Million |
|
High Liner Foods Incorporated
TO:HLF
|
$407.47 Million |
|
Mahindra Holidays & Resorts India Limited
NSE:MHRIL
|
$407.33 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 2024 to 2025, total equity changed from 1,178,759,547 to 1,277,707,313, a change of 98,947,766 (8.4%).
- Net income of 100,655,022 contributed positively to equity growth.
- Other comprehensive income decreased equity by 118,695,427.
- Other factors increased equity by 116,988,170.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥100.66 Million | +7.88% |
| Other Comprehensive Income | CN¥-118.70 Million | -9.29% |
| Other Changes | CN¥116.99 Million | +9.16% |
| Total Change | CN¥- | 8.39% |
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: 2.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.27x to 2.18x 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¥2.67 | x |
| 2010-12-31 | CN¥0.55 | CN¥2.67 | x |
| 2011-12-31 | CN¥0.70 | CN¥2.67 | x |
| 2012-12-31 | CN¥1.41 | CN¥2.67 | x |
| 2013-12-31 | CN¥1.27 | CN¥2.67 | x |
| 2014-12-31 | CN¥1.34 | CN¥2.67 | x |
| 2015-12-31 | CN¥1.28 | CN¥2.67 | x |
| 2016-12-31 | CN¥1.38 | CN¥2.67 | x |
| 2017-12-31 | CN¥1.41 | CN¥2.67 | x |
| 2018-12-31 | CN¥1.32 | CN¥2.67 | x |
| 2019-12-31 | CN¥1.25 | CN¥2.67 | x |
| 2020-12-31 | CN¥1.28 | CN¥2.67 | x |
| 2021-12-31 | CN¥1.28 | CN¥2.67 | x |
| 2022-12-31 | CN¥1.09 | CN¥2.67 | x |
| 2023-12-31 | CN¥1.11 | CN¥2.67 | x |
| 2024-12-31 | CN¥1.13 | CN¥2.67 | x |
| 2025-12-31 | CN¥1.22 | CN¥2.67 | 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): 7.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.32%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.54x
- Recent ROE (7.88%) is above the historical average (6.07%), indicating improving 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 | 2.18% | 2.71% | 0.47x | 1.71x | CN¥-114.93 Million |
| 2018 | 0.68% | 0.76% | 0.52x | 1.73x | CN¥-127.72 Million |
| 2019 | -8.24% | -13.24% | 0.38x | 1.63x | CN¥-237.27 Million |
| 2020 | -1.07% | -1.68% | 0.40x | 1.59x | CN¥-147.54 Million |
| 2021 | -2.11% | -3.42% | 0.39x | 1.58x | CN¥-161.56 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 |
| 2025 | 7.88% | 7.32% | 0.70x | 1.54x | CN¥-27.12 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: $1,610,457,623
- Average return on equity (ROE) among peers: -20.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenyang Brilliant Elevator Group Co Ltd (002689) | CN¥1.23 Billion | 24.10% | 0.53x | $407.63 Million |
| Huayi Compressor Co Ltd (000404) | $3.96 Billion | 2.45% | 1.52x | $646.72 Million |
| Shenyang Machine Tool Co Ltd (000410) | $347.22 Million | -208.15% | 15.00x | $2.26 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $362.41 Million | 3.17% | 0.33x | $2.79 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.21 Billion | 1.93% | 1.36x | $757.23 Million |
| Changchai Co Ltd (000570) | $2.29 Billion | 2.29% | 0.72x | $399.26 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.83 Billion | 2.42% | 1.03x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $369.61 Million | -32.34% | 1.35x | $779.79 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $544.26 Million | 41.46% | 0.41x | $823.64 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $579.69 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $873.67 Million | 7.43% | 0.68x | $1.40 Billion |
About 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; elevator spare parts, including door machine, landing door, and security components; and traction… Read more