Sino Geophysical
Sino Geophysical Co., Ltd. engages in the exploration, development, and production of oil and gas resources, and development technology and engineering services in China and internationally. The company offers block resource assessment services for oil and gas asset acquisition decisions and post-acquisition management; and technical services, such as collection and processing integration, seismi… Read more
Sino Geophysical (300191) - Net Assets
Latest net assets as of June 2025: CN¥1.05 Billion CNY
Based on the latest financial reports, Sino Geophysical (300191) has net assets worth CN¥1.05 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.35 Billion) and total liabilities (CN¥2.29 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¥1.05 Billion |
| % of Total Assets | 31.49% |
| Annual Growth Rate | 15.74% |
| 5-Year Change | -10.43% |
| 10-Year Change | -7.46% |
| Growth Volatility | 96.48 |
Sino Geophysical - Net Assets Trend (2008–2024)
This chart illustrates how Sino Geophysical's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sino Geophysical (2008–2024)
The table below shows the annual net assets of Sino Geophysical from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | -4.63% |
| 2023-12-31 | CN¥1.13 Billion | -10.58% |
| 2022-12-31 | CN¥1.27 Billion | +2.73% |
| 2021-12-31 | CN¥1.23 Billion | +2.25% |
| 2020-12-31 | CN¥1.21 Billion | -0.10% |
| 2019-12-31 | CN¥1.21 Billion | -4.34% |
| 2018-12-31 | CN¥1.26 Billion | +5.85% |
| 2017-12-31 | CN¥1.19 Billion | +1.17% |
| 2016-12-31 | CN¥1.18 Billion | +0.95% |
| 2015-12-31 | CN¥1.17 Billion | -4.11% |
| 2014-12-31 | CN¥1.22 Billion | +1.29% |
| 2013-12-31 | CN¥1.20 Billion | +7.32% |
| 2012-12-31 | CN¥1.12 Billion | +4.85% |
| 2011-12-31 | CN¥1.07 Billion | +399.76% |
| 2010-12-31 | CN¥213.63 Million | +39.36% |
| 2009-12-31 | CN¥153.30 Million | +47.21% |
| 2008-12-31 | CN¥104.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sino Geophysical'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 354.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥124.18 Million | 11.50% |
| Other Components | CN¥955.60 Million | 88.50% |
| Total Equity | CN¥1.08 Billion | 100.00% |
Sino Geophysical Competitors by Market Cap
The table below lists competitors of Sino Geophysical ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
North Chemical Industries Co Ltd
SHE:002246
|
$943.98 Million |
|
Seers Technology
KQ:458870
|
$944.23 Million |
|
Magellan Financial Group Limited
PINK:MGLLF
|
$944.26 Million |
|
SVG Optronics Co Ltd
SHE:300331
|
$944.43 Million |
|
TEEKAY TANKERS P.R.S.-01
F:3TKA
|
$943.34 Million |
|
Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile-de-France
LSE:0O2R
|
$943.31 Million |
|
MAC Copper Ltd
AU:MAC
|
$943.30 Million |
|
CARDERO RESOURCE
F:CR5
|
$942.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sino Geophysical's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,130,370,583 to 1,079,781,132, a change of -50,589,451 (-4.5%).
- Net loss of 52,813,350 reduced equity.
- Dividend payments of 26,133,551 reduced retained earnings.
- Other factors increased equity by 28,357,450.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-52.81 Million | -4.89% |
| Dividends Paid | CN¥26.13 Million | -2.42% |
| Other Changes | CN¥28.36 Million | +2.63% |
| Total Change | CN¥- | -4.48% |
Book Value vs Market Value Analysis
This analysis compares Sino Geophysical'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: 12.36x
- 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 increased from 11.56x to 12.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.61 | CN¥41.71 | x |
| 2018-12-31 | CN¥3.70 | CN¥41.71 | x |
| 2019-12-31 | CN¥3.77 | CN¥41.71 | x |
| 2020-12-31 | CN¥3.76 | CN¥41.71 | x |
| 2021-12-31 | CN¥3.84 | CN¥41.71 | x |
| 2022-12-31 | CN¥3.95 | CN¥41.71 | x |
| 2023-12-31 | CN¥3.53 | CN¥41.71 | x |
| 2024-12-31 | CN¥3.37 | CN¥41.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sino Geophysical 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): -4.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.87%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.51x
- Recent ROE (-4.89%) is below the historical average (6.16%), 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 | 29.24% | 43.07% | 0.50x | 1.35x | CN¥20.03 Million |
| 2009 | 32.07% | 55.91% | 0.51x | 1.12x | CN¥33.83 Million |
| 2010 | 28.26% | 55.42% | 0.48x | 1.05x | CN¥39.00 Million |
| 2011 | 7.23% | 61.87% | 0.11x | 1.02x | CN¥-29.62 Million |
| 2012 | 7.49% | 58.22% | 0.12x | 1.03x | CN¥-28.10 Million |
| 2013 | 7.67% | 54.73% | 0.14x | 1.04x | CN¥-27.94 Million |
| 2014 | 2.02% | 31.74% | 0.06x | 1.02x | CN¥-97.08 Million |
| 2015 | -4.09% | -106.40% | 0.04x | 1.08x | CN¥-164.32 Million |
| 2016 | 0.97% | 14.14% | 0.06x | 1.09x | CN¥-106.36 Million |
| 2017 | -1.45% | -20.43% | 0.06x | 1.10x | CN¥-132.20 Million |
| 2018 | 2.45% | 26.57% | 0.08x | 1.18x | CN¥-89.31 Million |
| 2019 | 2.17% | 15.00% | 0.10x | 1.47x | CN¥-94.32 Million |
| 2020 | 0.87% | 2.47% | 0.28x | 1.28x | CN¥-109.84 Million |
| 2021 | 2.79% | 8.44% | 0.25x | 1.30x | CN¥-88.72 Million |
| 2022 | 3.25% | 8.53% | 0.24x | 1.57x | CN¥-85.41 Million |
| 2023 | -11.34% | -26.67% | 0.21x | 2.00x | CN¥-241.22 Million |
| 2024 | -4.89% | -10.87% | 0.18x | 2.51x | CN¥-160.79 Million |
Industry Comparison
This section compares Sino Geophysical's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $973,551,729
- Average return on equity (ROE) among peers: -24.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sino Geophysical (300191) | CN¥1.05 Billion | 29.24% | 2.18x | $943.88 Million |
| Xinjiang Zhundong Petroleum (002207) | $156.67 Million | 4.89% | 1.19x | $275.58 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $3.16 Billion | 20.35% | 0.48x | $7.68 Billion |
| China Oil HBP Science & Technology Co Ltd (002554) | $1.74 Billion | -28.35% | 1.23x | $416.87 Million |
| Zhejiang Renzhi Co Ltd (002629) | $685.23 Million | 3.58% | 0.12x | $282.35 Million |
| Lanzhou Haimo Technologies Co (300084) | $1.07 Billion | 3.74% | 0.52x | $485.03 Million |
| LandOcean Energy Services Co (300157) | $269.26 Million | -267.05% | 6.94x | $562.67 Million |
| Tong Oil Tools (300164) | $118.51 Million | 30.83% | 0.86x | $511.69 Million |
| Chengdu Huaqi Houpu Holding Co Ltd (300471) | $225.12 Million | 0.00% | 1.02x | $599.98 Million |
| Dezhou United Petroleum Technology Co.Ltd. (301158) | $1.33 Billion | 7.45% | 0.34x | $266.67 Million |