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¥326.44 Million CNY (≈ $47.77 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.96 Billion ≈ $287.36 Million USD) and total liabilities (CN¥1.64 Billion ≈ $239.59 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 300249 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥326.44 Million |
| % of Total Assets | 16.62% |
| Annual Growth Rate | 10.06% |
| 5-Year Change | -59.74% |
| 10-Year Change | -66.1% |
| Growth Volatility | 67.09 |
Sichuan Yimikang Environmental Tech Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Sichuan Yimikang Environmental Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sichuan Yimikang Environmental Tech Co L to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sichuan Yimikang Environmental Tech Co Ltd (2008–2025)
The table below shows the annual net assets of Sichuan Yimikang Environmental Tech Co Ltd from 2008 to 2025. For live valuation and market cap data, see market cap of Sichuan Yimikang Environmental Tech Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥312.59 Million ≈ $45.74 Million |
-5.15% |
| 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 |
-- |
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 1109.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥505.03 Million | 165.84% |
| Total Equity | CN¥304.52 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 |
|---|---|
|
SDI Corp
TW:2351
|
$1.12 Billion |
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
|
$1.12 Billion |
|
Railtel Corporation Of India Limited
NSE:RAILTEL
|
$1.12 Billion |
|
Hainan Development Holdings Nanhai Co Ltd
SHE:002163
|
$1.12 Billion |
|
Heartland Express Inc
NASDAQ:HTLD
|
$1.12 Billion |
|
Global Industrial Co
NYSE:GIC
|
$1.12 Billion |
|
JiangSu Jin Tong Ling Fluid Mach
SHE:300091
|
$1.12 Billion |
|
Tai-Tech Advanced Electronics Co Ltd
TWO:3357
|
$1.12 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 2024 to 2025, total equity changed from 321,121,000 to 304,523,240, a change of -16,597,760 (-5.2%).
- Net income of 30,595,262 contributed positively to equity growth.
- Dividend payments of 14,654,192 reduced retained earnings.
- Other factors decreased equity by 32,538,830.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.60 Million | +10.05% |
| Dividends Paid | CN¥14.65 Million | -4.81% |
| Other Changes | CN¥-32.54 Million | -10.69% |
| Total Change | CN¥- | -5.17% |
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: 25.11x
- 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 75.48x to 25.11x 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¥17.36 | x |
| 2009-12-31 | CN¥0.32 | CN¥17.36 | x |
| 2010-12-31 | CN¥0.42 | CN¥17.36 | x |
| 2011-12-31 | CN¥1.36 | CN¥17.36 | x |
| 2012-12-31 | CN¥1.22 | CN¥17.36 | x |
| 2013-12-31 | CN¥1.22 | CN¥17.36 | x |
| 2014-12-31 | CN¥1.72 | CN¥17.36 | x |
| 2015-12-31 | CN¥1.42 | CN¥17.36 | x |
| 2016-12-31 | CN¥1.56 | CN¥17.36 | x |
| 2017-12-31 | CN¥1.73 | CN¥17.36 | x |
| 2018-12-31 | CN¥1.81 | CN¥17.36 | x |
| 2019-12-31 | CN¥1.80 | CN¥17.36 | x |
| 2020-12-31 | CN¥1.42 | CN¥17.36 | x |
| 2021-12-31 | CN¥1.48 | CN¥17.36 | x |
| 2022-12-31 | CN¥1.44 | CN¥17.36 | x |
| 2023-12-31 | CN¥0.93 | CN¥17.36 | x |
| 2024-12-31 | CN¥0.73 | CN¥17.36 | x |
| 2025-12-31 | CN¥0.69 | CN¥17.36 | 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): 10.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.11%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 6.02x
- Recent ROE (10.05%) is above the historical average (1.04%), indicating improving 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 |
| 2025 | 10.05% | 2.11% | 0.79x | 6.02x | CN¥142.94K |
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: $1,287,784,802
- Average return on equity (ROE) among peers: 10.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Yimikang Environmental Tech Co Ltd (300249) | CN¥326.44 Million | 23.48% | 5.02x | $1.12 Billion |
| Digital China Group Co Ltd (000034) | $106.09 Million | 15.80% | 2.57x | $2.82 Billion |
| ZJBC Information Technology Co Ltd (000889) | $2.25 Billion | 6.83% | 0.51x | $550.78 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $581.96 Million | 5.63% | 1.59x | $717.16 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $1.02 Billion |
| Shanghai HiTech Control System (002184) | $157.63 Million | 23.72% | 1.02x | $535.55 Million |
| SZZT Electronics Co Ltd (002197) | $2.77 Billion | 1.96% | 0.71x | $560.98 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.63 Billion |
| Westone Information Industry Inc (002268) | $1.28 Billion | 9.30% | 0.50x | $1.64 Billion |
| Taiji Computer Corp Ltd (002368) | $1.88 Billion | 9.40% | 1.05x | $1.55 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $1.14 Billion | 16.98% | 2.15x | $706.48 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