Suzhou Sushi Testing Instrument Co Ltd
Suzhou Sushi Testing Group Co.,Ltd. provides environmental and reliability test verification and analysis services and solutions. The company provides mechanical environmental test equipment, including electrodynamic vibration test system, electrodynamic shaft electrodynamic vibration test system, and vibration and centrifugal comprehensive test systems; and climate and environmental test equipme… Read more
Suzhou Sushi Testing Instrument Co Ltd (300416) - Net Assets
Latest net assets as of June 2025: CN¥2.90 Billion CNY
Based on the latest financial reports, Suzhou Sushi Testing Instrument Co Ltd (300416) has net assets worth CN¥2.90 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¥4.99 Billion) and total liabilities (CN¥2.10 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¥2.90 Billion |
| % of Total Assets | 57.98% |
| Annual Growth Rate | 25.74% |
| 5-Year Change | 174.0% |
| 10-Year Change | 559.65% |
| Growth Volatility | 19.57 |
Suzhou Sushi Testing Instrument Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Suzhou Sushi Testing Instrument 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 Suzhou Sushi Testing Instrument Co Ltd (2011–2024)
The table below shows the annual net assets of Suzhou Sushi Testing Instrument Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.11 Billion | +4.92% |
| 2023-12-31 | CN¥2.96 Billion | +23.37% |
| 2022-12-31 | CN¥2.40 Billion | +29.93% |
| 2021-12-31 | CN¥1.85 Billion | +62.92% |
| 2020-12-31 | CN¥1.14 Billion | +20.93% |
| 2019-12-31 | CN¥938.60 Million | +6.14% |
| 2018-12-31 | CN¥884.27 Million | +46.64% |
| 2017-12-31 | CN¥603.01 Million | +14.21% |
| 2016-12-31 | CN¥527.99 Million | +11.99% |
| 2015-12-31 | CN¥471.48 Million | +69.33% |
| 2014-12-31 | CN¥278.43 Million | +17.65% |
| 2013-12-31 | CN¥236.66 Million | +19.96% |
| 2012-12-31 | CN¥197.29 Million | +24.60% |
| 2011-12-31 | CN¥158.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Sushi Testing Instrument 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 grown by 4324.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.23 Billion | 46.63% |
| Other Components | CN¥1.41 Billion | 53.37% |
| Total Equity | CN¥2.64 Billion | 100.00% |
Suzhou Sushi Testing Instrument Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Sushi Testing Instrument Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Shanying Paper Industry Co Ltd
SHG:600567
|
$783.39 Million |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE3
|
$783.46 Million |
|
Shanghai Runda Med Tech Co
SHG:603108
|
$783.77 Million |
|
Zhejiang Founder Motor Co Ltd
SHE:002196
|
$783.79 Million |
|
FIRST RESOURCES LTD O.N.
F:5F1
|
$783.35 Million |
|
Shenzhen Gongjin Electn
SHG:603118
|
$783.32 Million |
|
Xinke Material
SHG:600255
|
$783.04 Million |
|
China Railway Materials Co Ltd
SHE:000927
|
$782.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Sushi Testing Instrument Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,528,269,883 to 2,639,151,634, a change of 110,881,751 (4.4%).
- Net income of 229,411,336 contributed positively to equity growth.
- Dividend payments of 103,579,115 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥229.41 Million | +8.69% |
| Dividends Paid | CN¥103.58 Million | -3.92% |
| Other Changes | CN¥-14.95 Million | -0.57% |
| Total Change | CN¥- | 4.39% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Sushi Testing Instrument 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: 3.22x
- 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 7.68x to 3.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.17 | CN¥16.69 | x |
| 2018-12-31 | CN¥3.01 | CN¥16.69 | x |
| 2019-12-31 | CN¥3.19 | CN¥16.69 | x |
| 2020-12-31 | CN¥3.87 | CN¥16.69 | x |
| 2021-12-31 | CN¥6.50 | CN¥16.69 | x |
| 2022-12-31 | CN¥5.69 | CN¥16.69 | x |
| 2023-12-31 | CN¥4.97 | CN¥16.69 | x |
| 2024-12-31 | CN¥5.19 | CN¥16.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Sushi Testing Instrument 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): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.33%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.91x
- Recent ROE (8.69%) is below the historical average (12.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.30% | 20.20% | 0.60x | 1.74x | CN¥17.22 Million |
| 2012 | 19.52% | 19.49% | 0.60x | 1.68x | CN¥18.03 Million |
| 2013 | 16.21% | 16.33% | 0.62x | 1.61x | CN¥14.04 Million |
| 2014 | 14.98% | 16.53% | 0.55x | 1.64x | CN¥13.22 Million |
| 2015 | 10.89% | 15.47% | 0.51x | 1.38x | CN¥3.97 Million |
| 2016 | 11.11% | 13.69% | 0.52x | 1.57x | CN¥5.39 Million |
| 2017 | 11.51% | 12.48% | 0.47x | 1.98x | CN¥8.04 Million |
| 2018 | 9.04% | 11.44% | 0.43x | 1.85x | CN¥-7.63 Million |
| 2019 | 10.34% | 11.08% | 0.35x | 2.67x | CN¥2.84 Million |
| 2020 | 12.07% | 10.42% | 0.46x | 2.52x | CN¥21.21 Million |
| 2021 | 11.09% | 12.65% | 0.40x | 2.20x | CN¥18.69 Million |
| 2022 | 12.26% | 14.95% | 0.42x | 1.94x | CN¥49.77 Million |
| 2023 | 12.43% | 14.85% | 0.44x | 1.92x | CN¥61.45 Million |
| 2024 | 8.69% | 11.33% | 0.40x | 1.91x | CN¥-34.50 Million |
Industry Comparison
This section compares Suzhou Sushi Testing Instrument Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Sushi Testing Instrument Co Ltd (300416) | CN¥2.90 Billion | 21.30% | 0.72x | $783.37 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |