Suzhou Cheersson Precision Metal Fo
Suzhou Cheersson Precision Industry Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of precision molds and structural parts, automotive air suspension systems, and mobile communication equipment in China. The company offers precision metal structural parts, including automotive safety and chassis systems, components for automotive ele… Read more
Suzhou Cheersson Precision Metal Fo (002976) - Net Assets
Latest net assets as of September 2025: CN¥849.04 Million CNY
Based on the latest financial reports, Suzhou Cheersson Precision Metal Fo (002976) has net assets worth CN¥849.04 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¥2.38 Billion) and total liabilities (CN¥1.53 Billion). 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¥849.04 Million |
| % of Total Assets | 35.68% |
| Annual Growth Rate | 19.55% |
| 5-Year Change | 21.71% |
| 10-Year Change | N/A |
| Growth Volatility | 18.52 |
Suzhou Cheersson Precision Metal Fo - Net Assets Trend (2015–2024)
This chart illustrates how Suzhou Cheersson Precision Metal Fo's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suzhou Cheersson Precision Metal Fo (2015–2024)
The table below shows the annual net assets of Suzhou Cheersson Precision Metal Fo from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥919.59 Million | -0.86% |
| 2023-12-31 | CN¥927.54 Million | +9.08% |
| 2022-12-31 | CN¥850.33 Million | +7.73% |
| 2021-12-31 | CN¥789.29 Million | +4.47% |
| 2020-12-31 | CN¥755.54 Million | +61.54% |
| 2019-12-31 | CN¥467.70 Million | +18.27% |
| 2018-12-31 | CN¥395.46 Million | +31.57% |
| 2017-12-31 | CN¥300.58 Million | +19.21% |
| 2016-12-31 | CN¥252.14 Million | +36.85% |
| 2015-12-31 | CN¥184.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Cheersson Precision Metal Fo'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 176.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥274.45 Million | 35.50% |
| Common Stock | CN¥121.17 Million | 15.67% |
| Other Comprehensive Income | CN¥40.43 Million | 5.23% |
| Other Components | CN¥337.08 Million | 43.60% |
| Total Equity | CN¥773.12 Million | 100.00% |
Suzhou Cheersson Precision Metal Fo Competitors by Market Cap
The table below lists competitors of Suzhou Cheersson Precision Metal Fo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Strata Critical Medical, Inc.
NASDAQ:SRTA
|
$208.13 Million |
|
Chongqing QinAn M&E PLC
SHG:603758
|
$208.14 Million |
|
InBody Co.Ltd
KQ:041830
|
$208.16 Million |
|
Beijing Bashi Media Co Ltd
SHG:600386
|
$208.22 Million |
|
Xiamen East Asia Machinery Industrial Co. Ltd.
SHE:301028
|
$208.03 Million |
|
Television Broadcasts Ltd
PINK:TVBCY
|
$208.00 Million |
|
Sam Engineering Equipment
KLSE:9822
|
$207.98 Million |
|
China Shineway Pharmaceutical Group Limited
PINK:CSWYF
|
$207.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Cheersson Precision Metal Fo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 822,786,176 to 773,124,825, a change of -49,661,351 (-6.0%).
- Net loss of 25,315,490 reduced equity.
- Dividend payments of 28,207,623 reduced retained earnings.
- Other comprehensive income decreased equity by 4,952,646.
- Other factors increased equity by 8,814,408.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-25.32 Million | -3.27% |
| Dividends Paid | CN¥28.21 Million | -3.65% |
| Other Comprehensive Income | CN¥-4.95 Million | -0.64% |
| Other Changes | CN¥8.81 Million | +1.14% |
| Total Change | CN¥- | -6.04% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Cheersson Precision Metal Fo'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: 4.12x
- 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 16.38x to 4.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥1.61 | CN¥26.41 | x |
| 2016-12-31 | CN¥2.40 | CN¥26.41 | x |
| 2017-12-31 | CN¥2.93 | CN¥26.41 | x |
| 2018-12-31 | CN¥3.69 | CN¥26.41 | x |
| 2019-12-31 | CN¥3.30 | CN¥26.41 | x |
| 2020-12-31 | CN¥6.30 | CN¥26.41 | x |
| 2021-12-31 | CN¥6.54 | CN¥26.41 | x |
| 2022-12-31 | CN¥6.19 | CN¥26.41 | x |
| 2023-12-31 | CN¥6.85 | CN¥26.41 | x |
| 2024-12-31 | CN¥6.41 | CN¥26.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Cheersson Precision Metal Fo 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): -3.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.43%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 3.06x
- Recent ROE (-3.27%) is below the historical average (15.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 26.17% | 10.35% | 1.22x | 2.06x | CN¥22.05 Million |
| 2016 | 35.76% | 15.84% | 1.12x | 2.02x | CN¥52.22 Million |
| 2017 | 20.79% | 9.18% | 1.21x | 1.87x | CN¥26.70 Million |
| 2018 | 25.51% | 14.32% | 1.06x | 1.68x | CN¥51.68 Million |
| 2019 | 21.63% | 14.07% | 0.98x | 1.57x | CN¥46.13 Million |
| 2020 | 7.35% | 9.50% | 0.53x | 1.46x | CN¥-20.04 Million |
| 2021 | 5.81% | 6.04% | 0.67x | 1.44x | CN¥-32.85 Million |
| 2022 | 8.90% | 5.56% | 0.63x | 2.54x | CN¥-8.28 Million |
| 2023 | 6.28% | 3.28% | 0.75x | 2.57x | CN¥-30.60 Million |
| 2024 | -3.27% | -1.43% | 0.75x | 3.06x | CN¥-102.63 Million |
Industry Comparison
This section compares Suzhou Cheersson Precision Metal Fo'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 |
|---|---|---|---|---|
| Suzhou Cheersson Precision Metal Fo (002976) | CN¥849.04 Million | 26.17% | 1.80x | $208.10 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 |