Sichuan Yimikang Environmental Tech Co Ltd (300249) - Net Assets
Based on the latest financial reports, Sichuan Yimikang Environmental Tech Co Ltd (300249) has net assets worth CN¥342.34 Million CNY (≈ $50.10 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¥1.81 Billion ≈ $265.09 Million USD) and total liabilities (CN¥1.47 Billion ≈ $215.00 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 Sichuan Yimikang Environmental Tech Co L liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 300249 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Sichuan Yimikang Environmental Tech Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥329.56 Million ≈ $48.23 Million |
-20.97% |
| 2023-12-31 | CN¥417.03 Million ≈ $61.03 Million |
-43.92% |
| 2022-12-31 | CN¥743.67 Million ≈ $108.82 Million |
-4.21% |
| 2021-12-31 | CN¥776.35 Million ≈ $113.60 Million |
+1.57% |
| 2020-12-31 | CN¥764.33 Million ≈ $111.85 Million |
-21.89% |
| 2019-12-31 | CN¥978.48 Million ≈ $143.18 Million |
-2.17% |
| 2018-12-31 | CN¥1.00 Billion ≈ $146.36 Million |
+4.13% |
| 2017-12-31 | CN¥960.49 Million ≈ $140.55 Million |
+4.16% |
| 2016-12-31 | CN¥922.08 Million ≈ $134.93 Million |
+4.40% |
| 2015-12-31 | CN¥883.25 Million ≈ $129.25 Million |
+6.73% |
| 2014-12-31 | CN¥827.58 Million ≈ $121.10 Million |
+60.77% |
| 2013-12-31 | CN¥514.75 Million ≈ $75.32 Million |
+4.86% |
| 2012-12-31 | CN¥490.88 Million ≈ $71.83 Million |
+7.46% |
| 2011-12-31 | CN¥456.79 Million ≈ $66.84 Million |
+270.91% |
| 2010-12-31 | CN¥123.15 Million ≈ $18.02 Million |
+36.02% |
| 2009-12-31 | CN¥90.54 Million ≈ $13.25 Million |
+47.72% |
| 2008-12-31 | CN¥61.29 Million ≈ $8.97 Million |
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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 |
|---|---|
|
Hunan Keli Motor Co Ltd
SHE:002892
|
$1.13 Billion |
|
Phibro Animal Health Corporation
NASDAQ:PAHC
|
$1.13 Billion |
|
Jiangsu Gian Technology Co Ltd
SHE:300709
|
$1.13 Billion |
|
Bombay Burmah Trading Corporation Limited
NSE:BBTC
|
$1.13 Billion |
|
Medplus Health Services Limited
NSE:MEDPLUS
|
$1.13 Billion |
|
Sixt SE
XETRA:SIX3
|
$1.13 Billion |
|
Mader Group Ltd
AU:MAD
|
$1.13 Billion |
|
Aevis Victoria SA
SW:AEVS
|
$1.13 Billion |
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: 24.09x
- 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 76.35x to 24.09x 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¥17.56 | x |
| 2009-12-31 | CN¥0.32 | CN¥17.56 | x |
| 2010-12-31 | CN¥0.42 | CN¥17.56 | x |
| 2011-12-31 | CN¥1.36 | CN¥17.56 | x |
| 2012-12-31 | CN¥1.22 | CN¥17.56 | x |
| 2013-12-31 | CN¥1.22 | CN¥17.56 | x |
| 2014-12-31 | CN¥1.72 | CN¥17.56 | x |
| 2015-12-31 | CN¥1.42 | CN¥17.56 | x |
| 2016-12-31 | CN¥1.56 | CN¥17.56 | x |
| 2017-12-31 | CN¥1.73 | CN¥17.56 | x |
| 2018-12-31 | CN¥1.81 | CN¥17.56 | x |
| 2019-12-31 | CN¥1.80 | CN¥17.56 | x |
| 2020-12-31 | CN¥1.42 | CN¥17.56 | x |
| 2021-12-31 | CN¥1.48 | CN¥17.56 | x |
| 2022-12-31 | CN¥1.44 | CN¥17.56 | x |
| 2023-12-31 | CN¥0.93 | CN¥17.56 | x |
| 2024-12-31 | CN¥0.73 | CN¥17.56 | 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: $1,192,409,576
- Average return on equity (ROE) among peers: -56.01%
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 | $1.13 Billion |
| Digital China Group Co Ltd (000034) | $-806.39 Million | 0.00% | 0.00x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $338.44 Million | -592.41% | 3.36x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $516.76 Million | 0.60% | 0.37x | $826.70 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.27 Billion | 1.14% | 0.70x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | -9.95% | 1.15x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $3.78 Billion | 5.60% | 0.12x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $378.26 Million | 9.09% | 0.20x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $2.03 Billion | 9.66% | 1.05x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $715.73 Million | 7.66% | 0.70x | $771.75 Million |
About 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