Sichuan Yimikang Environmental Tech Co Ltd
Yimikang Tech.Group Co., Ltd. manufactures and sells precision air conditioning solutions in China. It provides precision air conditioners equipment, precision computer room air-conditioning, precision clean air-conditioning, precision chillers, precision closed environmental engineering, environmental protection equipment, computer system integration, engineering general contracting business, et… Read more
Sichuan Yimikang Environmental Tech Co Ltd (300249) - Net Assets
Latest net assets as of September 2025: CN¥342.34 Million CNY
Based on the latest financial reports, Sichuan Yimikang Environmental Tech Co Ltd (300249) has net assets worth CN¥342.34 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¥1.81 Billion) and total liabilities (CN¥1.47 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¥342.34 Million |
| % of Total Assets | 18.9% |
| Annual Growth Rate | 11.09% |
| 5-Year Change | -56.88% |
| 10-Year Change | -62.69% |
| Growth Volatility | 68.83 |
Sichuan Yimikang Environmental Tech Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Sichuan Yimikang Environmental Tech 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 Sichuan Yimikang Environmental Tech Co Ltd (2008–2024)
The table below shows the annual net assets of Sichuan Yimikang Environmental Tech Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥329.56 Million | -20.97% |
| 2023-12-31 | CN¥417.03 Million | -43.92% |
| 2022-12-31 | CN¥743.67 Million | -4.21% |
| 2021-12-31 | CN¥776.35 Million | +1.57% |
| 2020-12-31 | CN¥764.33 Million | -21.89% |
| 2019-12-31 | CN¥978.48 Million | -2.17% |
| 2018-12-31 | CN¥1.00 Billion | +4.13% |
| 2017-12-31 | CN¥960.49 Million | +4.16% |
| 2016-12-31 | CN¥922.08 Million | +4.40% |
| 2015-12-31 | CN¥883.25 Million | +6.73% |
| 2014-12-31 | CN¥827.58 Million | +60.77% |
| 2013-12-31 | CN¥514.75 Million | +4.86% |
| 2012-12-31 | CN¥490.88 Million | +7.46% |
| 2011-12-31 | CN¥456.79 Million | +270.91% |
| 2010-12-31 | CN¥123.15 Million | +36.02% |
| 2009-12-31 | CN¥90.54 Million | +47.72% |
| 2008-12-31 | CN¥61.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Yimikang Environmental Tech 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 1263.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥440.49 Million | 137.17% |
| Other Components | CN¥111.73 Million | 34.80% |
| Total Equity | CN¥321.12 Million | 100.00% |
Sichuan Yimikang Environmental Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Yimikang Environmental Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amalgamated Bank
NASDAQ:AMAL
|
$780.56 Million |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
$780.63 Million |
|
Shanghai Environment Group Co Ltd
SHG:601200
|
$780.80 Million |
|
EMPLOYERS HLDGS DL -01
F:YGB
|
$780.90 Million |
|
KANGJI MED.HLDS DL-00001
F:50J
|
$780.43 Million |
|
ACEA S.p.A
OTCGREY:ACEJF
|
$780.10 Million |
|
ATOSS Software SE
F:AOF
|
$780.09 Million |
|
Shanghai Tofflon Science Tech
SHE:300171
|
$779.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Yimikang Environmental Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 408,259,000 to 321,121,000, a change of -87,138,000 (-21.3%).
- Net loss of 87,137,240 reduced equity.
- Dividend payments of 15,338,000 reduced retained earnings.
- Other factors increased equity by 15,337,240.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-87.14 Million | -27.14% |
| Dividends Paid | CN¥15.34 Million | -4.78% |
| Other Changes | CN¥15.34 Million | +4.78% |
| Total Change | CN¥- | -21.34% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Yimikang Environmental Tech 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: 24.53x
- 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 77.74x to 24.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.23 | CN¥17.88 | x |
| 2009-12-31 | CN¥0.32 | CN¥17.88 | x |
| 2010-12-31 | CN¥0.42 | CN¥17.88 | x |
| 2011-12-31 | CN¥1.36 | CN¥17.88 | x |
| 2012-12-31 | CN¥1.22 | CN¥17.88 | x |
| 2013-12-31 | CN¥1.28 | CN¥17.88 | x |
| 2014-12-31 | CN¥1.69 | CN¥17.88 | x |
| 2015-12-31 | CN¥1.42 | CN¥17.88 | x |
| 2016-12-31 | CN¥1.97 | CN¥17.88 | x |
| 2017-12-31 | CN¥1.73 | CN¥17.88 | x |
| 2018-12-31 | CN¥1.81 | CN¥17.88 | x |
| 2019-12-31 | CN¥1.79 | CN¥17.88 | x |
| 2020-12-31 | CN¥1.42 | CN¥17.88 | x |
| 2021-12-31 | CN¥1.49 | CN¥17.88 | x |
| 2022-12-31 | CN¥1.44 | CN¥17.88 | x |
| 2023-12-31 | CN¥0.93 | CN¥17.88 | x |
| 2024-12-31 | CN¥0.73 | CN¥17.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Yimikang Environmental Tech 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): -27.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.61%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 5.23x
- Recent ROE (-27.14%) is below the historical average (0.51%), 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 | 23.48% | 20.07% | 0.63x | 1.84x | CN¥8.26 Million |
| 2009 | 24.57% | 18.49% | 0.71x | 1.86x | CN¥13.19 Million |
| 2010 | 25.18% | 17.19% | 0.83x | 1.76x | CN¥18.70 Million |
| 2011 | 7.97% | 17.00% | 0.39x | 1.20x | CN¥-9.29 Million |
| 2012 | 5.91% | 10.24% | 0.48x | 1.21x | CN¥-19.51 Million |
| 2013 | 1.56% | 1.92% | 0.55x | 1.47x | CN¥-40.24 Million |
| 2014 | 1.66% | 2.28% | 0.34x | 2.13x | CN¥-56.15 Million |
| 2015 | 2.11% | 1.67% | 0.55x | 2.28x | CN¥-54.69 Million |
| 2016 | 6.42% | 4.57% | 0.45x | 3.15x | CN¥-24.75 Million |
| 2017 | 12.08% | 7.29% | 0.50x | 3.33x | CN¥15.67 Million |
| 2018 | 4.84% | 2.79% | 0.47x | 3.72x | CN¥-40.83 Million |
| 2019 | 0.42% | 0.28% | 0.42x | 3.58x | CN¥-75.21 Million |
| 2020 | -26.80% | -12.34% | 0.47x | 4.66x | CN¥-227.95 Million |
| 2021 | 4.65% | 2.08% | 0.51x | 4.41x | CN¥-34.79 Million |
| 2022 | -5.15% | -3.69% | 0.39x | 3.62x | CN¥-95.40 Million |
| 2023 | -53.02% | -27.01% | 0.49x | 3.98x | CN¥-257.28 Million |
| 2024 | -27.14% | -7.61% | 0.68x | 5.23x | CN¥-119.25 Million |
Industry Comparison
This section compares Sichuan Yimikang Environmental Tech Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,584,731,062
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Yimikang Environmental Tech Co Ltd (300249) | CN¥342.34 Million | 23.48% | 4.29x | $780.53 Million |
| Digital China Group Co Ltd (000034) | $-827.26 Million | 0.00% | 0.00x | $2.35 Billion |
| ZJBC Information Technology Co Ltd (000889) | $696.79 Million | 0.52% | 1.27x | $292.16 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $1.77 Billion | 4.21% | 0.75x | $563.32 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $690.50 Million |
| Shanghai HiTech Control System (002184) | $1.26 Billion | 10.06% | 0.86x | $330.24 Million |
| SZZT Electronics Co Ltd (002197) | $2.77 Billion | 1.96% | 0.71x | $551.16 Million |
| Talkweb Information System Co Ltd (002261) | $1.11 Billion | 5.07% | 0.23x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $101.22 Million | 18.69% | 0.90x | $1.40 Billion |
| Taiji Computer Corp Ltd (002368) | $4.49 Billion | 8.38% | 2.53x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $3.18 Billion | 9.90% | 1.51x | $668.47 Million |