Sino Prima Gas Technology Co Ltd
Sino Prima Gas Technology Co., Ltd. engages in the exploration, development, production, and sale of natural gas in the People's Republic of China. The company was formerly known as Shanghai Worth Garden Products Co., Ltd. and changed its name to Sino Prima Gas Technology Co., Ltd. in January 2021. The company was incorporated in 2003 and is headquartered in Shanghai, the People's Republic of Chi… Read more
Sino Prima Gas Technology Co Ltd (300483) - Net Assets
Latest net assets as of June 2025: CN¥3.52 Billion CNY
Based on the latest financial reports, Sino Prima Gas Technology Co Ltd (300483) has net assets worth CN¥3.52 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¥8.63 Billion) and total liabilities (CN¥5.11 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¥3.52 Billion |
| % of Total Assets | 40.76% |
| Annual Growth Rate | 29.5% |
| 5-Year Change | -20.26% |
| 10-Year Change | 781.54% |
| Growth Volatility | 178.93 |
Sino Prima Gas Technology Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Sino Prima Gas Technology 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 Sino Prima Gas Technology Co Ltd (2008–2024)
The table below shows the annual net assets of Sino Prima Gas Technology Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.43 Billion | -18.97% |
| 2023-12-31 | CN¥4.24 Billion | -6.01% |
| 2022-12-31 | CN¥4.51 Billion | +0.89% |
| 2021-12-31 | CN¥4.47 Billion | +3.77% |
| 2020-12-31 | CN¥4.31 Billion | +2.62% |
| 2019-12-31 | CN¥4.20 Billion | +23.97% |
| 2018-12-31 | CN¥3.38 Billion | +748.32% |
| 2017-12-31 | CN¥398.88 Million | +0.41% |
| 2016-12-31 | CN¥397.26 Million | +2.01% |
| 2015-12-31 | CN¥389.41 Million | +68.37% |
| 2014-12-31 | CN¥231.28 Million | +8.44% |
| 2013-12-31 | CN¥213.28 Million | +11.95% |
| 2012-12-31 | CN¥190.52 Million | +85.99% |
| 2011-12-31 | CN¥102.43 Million | +20.19% |
| 2010-12-31 | CN¥85.23 Million | +22.60% |
| 2009-12-31 | CN¥69.52 Million | +26.72% |
| 2008-12-31 | CN¥54.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sino Prima Gas Technology 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 5648.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.53 Billion | 127.38% |
| Total Equity | CN¥1.99 Billion | 100.00% |
Sino Prima Gas Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sino Prima Gas Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Instructure Holdings Inc
NYSE:INST
|
$499.00 Million |
|
Suzhou Douson Drilling & Production Equipment Co Ltd
SHG:603800
|
$499.01 Million |
|
Catapult Group International Limited
PINK:CAZGF
|
$499.11 Million |
|
Nextdoor Holdings Inc
NYSE:KIND
|
$499.23 Million |
|
Wacom Co. Ltd
PINK:WACMF
|
$498.80 Million |
|
Spin Master Corp
PINK:SNMSF
|
$498.75 Million |
|
Shanghai Datun Energy Resources Co Ltd
SHG:600508
|
$498.68 Million |
|
Johns LYNG Group Ltd
AU:JLG
|
$498.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sino Prima Gas Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,684,959,025 to 1,987,847,907, a change of -697,111,118 (-26.0%).
- Net loss of 710,954,149 reduced equity.
- Dividend payments of 116,532,338 reduced retained earnings.
- Other comprehensive income decreased equity by 174,107,986.
- Other factors increased equity by 304,483,355.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-710.95 Million | -35.77% |
| Dividends Paid | CN¥116.53 Million | -5.86% |
| Other Comprehensive Income | CN¥-174.11 Million | -8.76% |
| Other Changes | CN¥304.48 Million | +15.32% |
| Total Change | CN¥- | -25.96% |
Book Value vs Market Value Analysis
This analysis compares Sino Prima Gas Technology 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: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.23x to 2.81x 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¥0.98 | CN¥20.83 | x |
| 2009-12-31 | CN¥0.98 | CN¥20.83 | x |
| 2010-12-31 | CN¥1.20 | CN¥20.83 | x |
| 2011-12-31 | CN¥1.49 | CN¥20.83 | x |
| 2012-12-31 | CN¥2.41 | CN¥20.83 | x |
| 2013-12-31 | CN¥2.57 | CN¥20.83 | x |
| 2014-12-31 | CN¥2.79 | CN¥20.83 | x |
| 2015-12-31 | CN¥4.03 | CN¥20.83 | x |
| 2016-12-31 | CN¥3.60 | CN¥20.83 | x |
| 2017-12-31 | CN¥3.43 | CN¥20.83 | x |
| 2018-12-31 | CN¥12.81 | CN¥20.83 | x |
| 2019-12-31 | CN¥11.30 | CN¥20.83 | x |
| 2020-12-31 | CN¥10.22 | CN¥20.83 | x |
| 2021-12-31 | CN¥10.97 | CN¥20.83 | x |
| 2022-12-31 | CN¥11.10 | CN¥20.83 | x |
| 2023-12-31 | CN¥10.15 | CN¥20.83 | x |
| 2024-12-31 | CN¥7.40 | CN¥20.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sino Prima Gas Technology 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): -35.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.99%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 4.21x
- Recent ROE (-35.77%) is below the historical average (8.29%), 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 | 16.98% | 7.11% | 0.91x | 2.63x | CN¥3.74 Million |
| 2009 | 20.35% | 9.80% | 0.91x | 2.28x | CN¥6.96 Million |
| 2010 | 27.28% | 11.27% | 1.05x | 2.30x | CN¥14.32 Million |
| 2011 | 28.30% | 11.07% | 1.09x | 2.35x | CN¥18.60 Million |
| 2012 | 17.26% | 11.04% | 0.95x | 1.64x | CN¥13.83 Million |
| 2013 | 16.86% | 9.63% | 0.98x | 1.78x | CN¥14.58 Million |
| 2014 | 14.32% | 8.56% | 0.93x | 1.79x | CN¥10.01 Million |
| 2015 | 5.94% | 6.02% | 0.70x | 1.41x | CN¥-15.88 Million |
| 2016 | 3.71% | 4.60% | 0.63x | 1.27x | CN¥-25.05 Million |
| 2017 | 1.46% | 1.51% | 0.66x | 1.47x | CN¥-34.09 Million |
| 2018 | 0.39% | 1.66% | 0.05x | 4.49x | CN¥-138.14 Million |
| 2019 | 15.08% | 20.44% | 0.22x | 3.42x | CN¥105.39 Million |
| 2020 | 10.50% | 18.89% | 0.21x | 2.60x | CN¥13.67 Million |
| 2021 | 4.70% | 7.60% | 0.22x | 2.79x | CN¥-156.06 Million |
| 2022 | 2.65% | 3.82% | 0.27x | 2.61x | CN¥-216.70 Million |
| 2023 | -9.16% | -18.17% | 0.17x | 2.94x | CN¥-514.51 Million |
| 2024 | -35.77% | -45.99% | 0.18x | 4.21x | CN¥-909.74 Million |
Industry Comparison
This section compares Sino Prima Gas Technology Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $17,642,037,238
- Average return on equity (ROE) among peers: 13.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sino Prima Gas Technology Co Ltd (300483) | CN¥3.52 Billion | 16.98% | 1.45x | $498.99 Million |
| Midea Group Co Ltd (000333) | $92.45 Billion | 21.88% | 1.85x | $52.29 Billion |
| Changhong Meiling Co Ltd (000521) | $5.11 Billion | 0.85% | 1.78x | $622.85 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $66.83 Billion | 33.52% | 2.22x | $20.24 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $874.84 Million | -1.36% | 0.86x | $144.07 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $113.33 Million | 5.45% | 1.68x | $105.98 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.64 Billion | 17.29% | 0.54x | $247.78 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $573.09 Million | 22.92% | 0.44x | $110.80 Million |
| Hefei Snowky Elec Co Ltd (001387) | $603.81 Million | 16.63% | 1.58x | $140.72 Million |
| Elec-Tech International Co Ltd (002005) | $740.90 Million | 6.21% | 1.06x | $409.52 Million |