Guangdong Senssun Weighing Apparatus Group Ltd (002870) - Net Assets
Based on the latest financial reports, Guangdong Senssun Weighing Apparatus Group Ltd (002870) has net assets worth CN¥2.90 Billion CNY (≈ $424.16 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¥9.01 Billion ≈ $1.32 Billion USD) and total liabilities (CN¥6.11 Billion ≈ $894.68 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 Guangdong Senssun Weighing Apparatus Gro (002870) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.90 Billion |
| % of Total Assets | 32.16% |
| Annual Growth Rate | 25.66% |
| 5-Year Change | 52.99% |
| 10-Year Change | 859.09% |
| Growth Volatility | 48.25 |
Guangdong Senssun Weighing Apparatus Group Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Guangdong Senssun Weighing Apparatus Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002870 total assets for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Senssun Weighing Apparatus Group Ltd (2012–2024)
The table below shows the annual net assets of Guangdong Senssun Weighing Apparatus Group Ltd from 2012 to 2024. For live valuation and market cap data, see 002870 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.73 Billion ≈ $400.20 Million |
+5.83% |
| 2023-12-31 | CN¥2.58 Billion ≈ $378.17 Million |
-5.60% |
| 2022-12-31 | CN¥2.74 Billion ≈ $400.62 Million |
+43.62% |
| 2021-12-31 | CN¥1.91 Billion ≈ $278.94 Million |
+6.64% |
| 2020-12-31 | CN¥1.79 Billion ≈ $261.58 Million |
+137.17% |
| 2019-12-31 | CN¥753.72 Million ≈ $110.29 Million |
-10.12% |
| 2018-12-31 | CN¥838.55 Million ≈ $122.71 Million |
+3.99% |
| 2017-12-31 | CN¥806.35 Million ≈ $117.99 Million |
+131.90% |
| 2016-12-31 | CN¥347.71 Million ≈ $50.88 Million |
+21.94% |
| 2015-12-31 | CN¥285.15 Million ≈ $41.73 Million |
+37.68% |
| 2014-12-31 | CN¥207.12 Million ≈ $30.31 Million |
-2.63% |
| 2013-12-31 | CN¥212.70 Million ≈ $31.12 Million |
+20.55% |
| 2012-12-31 | CN¥176.44 Million ≈ $25.82 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Senssun Weighing Apparatus Group 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 grown by 655.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥570.92 Million | 35.56% |
| Common Stock | CN¥132.08 Million | 8.23% |
| Other Comprehensive Income | CN¥83.37 Million | 5.19% |
| Other Components | CN¥819.08 Million | 51.02% |
| Total Equity | CN¥1.61 Billion | 100.00% |
Guangdong Senssun Weighing Apparatus Group Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Senssun Weighing Apparatus Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sonata Software Limited
NSE:SONATSOFTW
|
$764.98 Million |
|
Renta 4 Banco S.A
MC:R4
|
$765.03 Million |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$765.21 Million |
|
Chong Kun Dang Pharmaceutical
KO:185750
|
$765.24 Million |
|
Anhui Golden Seed Winery Co Ltd
SHG:600199
|
$764.28 Million |
|
MRV Engenharia e Participações S.A
SA:MRVE3
|
$764.22 Million |
|
Zhejiang Wellsun Intelligent Tech
SHE:300882
|
$763.90 Million |
|
Dongguan Golden Sun Abrasives Co Ltd
SHE:300606
|
$763.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Senssun Weighing Apparatus Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,516,855,228 to 1,605,447,064, a change of 88,591,836 (5.8%).
- Net income of 155,260,013 contributed positively to equity growth.
- Dividend payments of 147,041,131 reduced retained earnings.
- Other comprehensive income decreased equity by 50,709,035.
- Other factors increased equity by 131,081,989.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥155.26 Million | +9.67% |
| Dividends Paid | CN¥147.04 Million | -9.16% |
| Other Comprehensive Income | CN¥-50.71 Million | -3.16% |
| Other Changes | CN¥131.08 Million | +8.16% |
| Total Change | CN¥- | 5.84% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Senssun Weighing Apparatus Group 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: 3.26x
- 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 19.18x to 3.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.06 | CN¥39.58 | x |
| 2013-12-31 | CN¥2.57 | CN¥39.58 | x |
| 2014-12-31 | CN¥2.50 | CN¥39.58 | x |
| 2015-12-31 | CN¥3.43 | CN¥39.58 | x |
| 2016-12-31 | CN¥4.17 | CN¥39.58 | x |
| 2017-12-31 | CN¥8.12 | CN¥39.58 | x |
| 2018-12-31 | CN¥7.62 | CN¥39.58 | x |
| 2019-12-31 | CN¥6.81 | CN¥39.58 | x |
| 2020-12-31 | CN¥7.35 | CN¥39.58 | x |
| 2021-12-31 | CN¥7.65 | CN¥39.58 | x |
| 2022-12-31 | CN¥11.65 | CN¥39.58 | x |
| 2023-12-31 | CN¥11.48 | CN¥39.58 | x |
| 2024-12-31 | CN¥12.16 | CN¥39.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Senssun Weighing Apparatus Group 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): 9.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.63%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 5.07x
- Recent ROE (9.67%) is below the historical average (17.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 41.19% | 9.43% | 2.11x | 2.07x | CN¥53.70 Million |
| 2013 | 33.82% | 9.27% | 1.82x | 2.00x | CN¥50.66 Million |
| 2014 | 36.02% | 9.00% | 1.75x | 2.29x | CN¥53.89 Million |
| 2015 | 27.67% | 9.80% | 1.57x | 1.80x | CN¥50.40 Million |
| 2016 | 29.95% | 12.58% | 1.62x | 1.47x | CN¥69.35 Million |
| 2017 | 8.87% | 7.69% | 0.95x | 1.21x | CN¥-9.15 Million |
| 2018 | 4.59% | 4.10% | 0.86x | 1.31x | CN¥-45.36 Million |
| 2019 | -8.61% | -7.71% | 0.87x | 1.28x | CN¥-140.29 Million |
| 2020 | 9.24% | 7.69% | 0.15x | 7.84x | CN¥-6.21 Million |
| 2021 | 14.80% | 2.56% | 0.77x | 7.53x | CN¥40.62 Million |
| 2022 | 13.60% | 4.34% | 0.65x | 4.81x | CN¥55.35 Million |
| 2023 | 10.63% | 2.78% | 0.76x | 5.04x | CN¥9.50 Million |
| 2024 | 9.67% | 2.63% | 0.73x | 5.07x | CN¥-5.28 Million |
Industry Comparison
This section compares Guangdong Senssun Weighing Apparatus Group Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,062,220,851
- Average return on equity (ROE) among peers: 5.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Senssun Weighing Apparatus Group Ltd (002870) | CN¥2.90 Billion | 41.19% | 2.11x | $764.96 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $488.15 Million | 22.00% | 0.35x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $787.42 Million | 9.61% | 0.21x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $122.29 Million | 26.99% | 0.76x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $369.67 Million | 22.71% | 0.27x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $4.96 Billion | -4.85% | 0.30x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $231.61 Million | 45.18% | 0.48x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $185.20 Million | 27.75% | 0.57x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.15 Billion | 6.55% | 0.42x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About Guangdong Senssun Weighing Apparatus Group Ltd
Guangdong Senssun Weighing Apparatus Group Ltd. manufactures health measurement and management solutions primarily in China. The company offers electronic kitchen, personal, nutritional, baby scale, and price computing products. It also provides body fat/hydration and mechanical personal scale products. In addition, the company offers wireless body height meter, digital weighing, weighing indicat… Read more