Sineng Electric Co Ltd (300827) - Net Assets
Based on the latest financial reports, Sineng Electric Co Ltd (300827) has net assets worth CN¥2.42 Billion CNY (≈ $353.43 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¥8.95 Billion ≈ $1.31 Billion USD) and total liabilities (CN¥6.53 Billion ≈ $956.02 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 financial resilience of Sineng Electric Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.42 Billion |
| % of Total Assets | 26.99% |
| Annual Growth Rate | 39.48% |
| 5-Year Change | 156.5% |
| 10-Year Change | 2024.34% |
| Growth Volatility | 31.54 |
Sineng Electric Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Sineng Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sineng Electric Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Sineng Electric Co Ltd (2013–2024)
The table below shows the annual net assets of Sineng Electric Co Ltd from 2013 to 2024. For live valuation and market cap data, see Sineng Electric Co Ltd (300827) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion ≈ $317.10 Million |
+22.92% |
| 2023-12-31 | CN¥1.76 Billion ≈ $257.97 Million |
+71.48% |
| 2022-12-31 | CN¥1.03 Billion ≈ $150.44 Million |
+15.71% |
| 2021-12-31 | CN¥888.45 Million ≈ $130.01 Million |
+5.16% |
| 2020-12-31 | CN¥844.86 Million ≈ $123.63 Million |
+105.46% |
| 2019-12-31 | CN¥411.19 Million ≈ $60.17 Million |
+22.93% |
| 2018-12-31 | CN¥334.50 Million ≈ $48.95 Million |
+24.03% |
| 2017-12-31 | CN¥269.69 Million ≈ $39.46 Million |
+95.00% |
| 2016-12-31 | CN¥138.30 Million ≈ $20.24 Million |
+35.58% |
| 2015-12-31 | CN¥102.01 Million ≈ $14.93 Million |
+32.62% |
| 2014-12-31 | CN¥76.92 Million ≈ $11.26 Million |
+37.97% |
| 2013-12-31 | CN¥55.75 Million ≈ $8.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sineng Electric 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 18582.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥966.86 Million | 44.71% |
| Common Stock | CN¥359.56 Million | 16.63% |
| Other Components | CN¥836.03 Million | 38.66% |
| Total Equity | CN¥2.16 Billion | 100.00% |
Sineng Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Sineng Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Columbia Sportswear Company
NASDAQ:COLM
|
$3.08 Billion |
|
Guangdong Dowstone Technology Co Ltd
SHE:300409
|
$3.08 Billion |
|
Zhejiang Changsheng Sliding Bearings Co Ltd Class A
SHE:300718
|
$3.08 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
$3.08 Billion |
|
SASA Polyester Sanayi AS
IS:SASA
|
$3.08 Billion |
|
Sigma Advanced Systems Limited
NSE:MEGASOFT
|
$3.08 Billion |
|
Loomis AB ser. B
ST:LOOMIS
|
$3.08 Billion |
|
ATS CORP
TO:ATS
|
$3.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sineng Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,756,433,093 to 2,162,450,138, a change of 406,017,045 (23.1%).
- Net income of 418,777,247 contributed positively to equity growth.
- Dividend payments of 74,841,936 reduced retained earnings.
- Share repurchases of 29,993,848 reduced equity.
- Other factors increased equity by 92,075,582.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥418.78 Million | +19.37% |
| Dividends Paid | CN¥74.84 Million | -3.46% |
| Share Repurchases | CN¥29.99 Million | -1.39% |
| Other Changes | CN¥92.08 Million | +4.26% |
| Total Change | CN¥- | 23.12% |
Book Value vs Market Value Analysis
This analysis compares Sineng Electric 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: 8.77x
- 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 158.37x to 8.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.24 | CN¥37.83 | x |
| 2014-12-31 | CN¥0.24 | CN¥37.83 | x |
| 2015-12-31 | CN¥0.31 | CN¥37.83 | x |
| 2016-12-31 | CN¥0.43 | CN¥37.83 | x |
| 2017-12-31 | CN¥0.83 | CN¥37.83 | x |
| 2018-12-31 | CN¥0.94 | CN¥37.83 | x |
| 2019-12-31 | CN¥1.15 | CN¥37.83 | x |
| 2020-12-31 | CN¥1.88 | CN¥37.83 | x |
| 2021-12-31 | CN¥1.88 | CN¥37.83 | x |
| 2022-12-31 | CN¥2.16 | CN¥37.83 | x |
| 2023-12-31 | CN¥3.56 | CN¥37.83 | x |
| 2024-12-31 | CN¥4.32 | CN¥37.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sineng Electric 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): 19.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.77%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.75x
- Recent ROE (19.37%) is above the historical average (18.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.57% | 4.40% | 0.73x | 3.92x | CN¥1.43 Million |
| 2014 | 27.52% | 10.05% | 0.54x | 5.04x | CN¥13.48 Million |
| 2015 | 32.97% | 9.73% | 0.54x | 6.29x | CN¥23.43 Million |
| 2016 | 26.24% | 6.62% | 0.77x | 5.17x | CN¥22.46 Million |
| 2017 | 20.20% | 7.97% | 0.80x | 3.15x | CN¥27.50 Million |
| 2018 | 21.18% | 8.37% | 0.75x | 3.39x | CN¥37.41 Million |
| 2019 | 20.39% | 9.09% | 0.66x | 3.40x | CN¥42.72 Million |
| 2020 | 9.17% | 7.71% | 0.45x | 2.67x | CN¥-7.03 Million |
| 2021 | 6.63% | 5.39% | 0.41x | 3.04x | CN¥-29.94 Million |
| 2022 | 7.93% | 3.49% | 0.51x | 4.49x | CN¥-21.24 Million |
| 2023 | 16.28% | 5.80% | 0.71x | 3.95x | CN¥110.22 Million |
| 2024 | 19.37% | 8.77% | 0.59x | 3.75x | CN¥202.53 Million |
Industry Comparison
This section compares Sineng Electric Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,164,821,620
- Average return on equity (ROE) among peers: -27.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sineng Electric Co Ltd (300827) | CN¥2.42 Billion | 12.57% | 2.70x | $3.08 Billion |
| XJ Electric Co Ltd (000400) | $789.62 Million | 13.31% | 0.28x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $3.00 Billion | 13.36% | 0.15x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $967.32 Million | 3.48% | 4.72x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $141.93 Million | 21.53% | 0.30x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $478.86 Million | 17.57% | 0.71x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $170.82 Million | 5.01% | 0.32x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $3.04 Billion | 19.22% | 1.21x | $9.75 Billion |
About Sineng Electric Co Ltd
Sineng Electric Co.,Ltd. engages in the research, development, production, and sale of power electronic equipment in the People's Republic of China, Hong Kong, Macao, Taiwan, and internationally. The company offers photovoltaic (PV) inverters, such as residential, string, and central inverters; energy storage systems, which include hybrid inverters and batteries, string power conversion systems, … Read more