Sanyou Corporation Limited
Sanyou Corporation Limited engages in the research and development, manufacture, and sale of relays in China. It produces various types of relays, such as magnetic latching relays, general power relays, high voltage DC relays, and automotive relays that are used in home appliances, automotive industries, smart homes and grids, and energy solutions. The company also offers transformer industry sol… Read more
Sanyou Corporation Limited (300932) - Net Assets
Latest net assets as of June 2025: CN¥1.77 Billion CNY
Based on the latest financial reports, Sanyou Corporation Limited (300932) has net assets worth CN¥1.77 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¥3.56 Billion) and total liabilities (CN¥1.79 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¥1.77 Billion |
| % of Total Assets | 49.71% |
| Annual Growth Rate | 19.84% |
| 5-Year Change | 104.76% |
| 10-Year Change | N/A |
| Growth Volatility | 36.31 |
Sanyou Corporation Limited - Net Assets Trend (2019–2024)
This chart illustrates how Sanyou Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sanyou Corporation Limited (2019–2024)
The table below shows the annual net assets of Sanyou Corporation Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.78 Billion | +1.15% |
| 2023-12-31 | CN¥1.76 Billion | +1.39% |
| 2022-12-31 | CN¥1.73 Billion | +2.25% |
| 2021-12-31 | CN¥1.69 Billion | +95.25% |
| 2020-12-31 | CN¥867.81 Million | +20.75% |
| 2019-12-31 | CN¥718.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sanyou Corporation Limited'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 108.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥546.23 Million | 31.35% |
| Other Components | CN¥1.20 Billion | 68.65% |
| Total Equity | CN¥1.74 Billion | 100.00% |
Sanyou Corporation Limited Competitors by Market Cap
The table below lists competitors of Sanyou Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanson International Tbk
JK:MYRX
|
$244.37 Million |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
$244.39 Million |
|
Immutep Limited
PINK:PRRUF
|
$244.42 Million |
|
Shenzhen MinDe Electronics Technology Ltd
SHE:300656
|
$244.43 Million |
|
Liaoning SG Automotive Group Co Ltd
SHG:600303
|
$244.34 Million |
|
Vietnam Container Shipping JSC
VN:VSC
|
$244.32 Million |
|
China Youzan Ltd
PINK:CHNVF
|
$244.32 Million |
|
Shandong Daye Co Ltd Class A
SHG:603278
|
$244.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanyou Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,713,914,469 to 1,742,425,179, a change of 28,510,710 (1.7%).
- Net income of 63,320,550 contributed positively to equity growth.
- Dividend payments of 53,803,302 reduced retained earnings.
- Other factors increased equity by 18,993,462.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥63.32 Million | +3.63% |
| Dividends Paid | CN¥53.80 Million | -3.09% |
| Other Changes | CN¥18.99 Million | +1.09% |
| Total Change | CN¥- | 1.66% |
Book Value vs Market Value Analysis
This analysis compares Sanyou Corporation Limited'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: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥5.48 | CN¥14.63 | x |
| 2020-12-31 | CN¥5.09 | CN¥14.63 | x |
| 2021-12-31 | CN¥5.16 | CN¥14.63 | x |
| 2022-12-31 | CN¥5.28 | CN¥14.63 | x |
| 2023-12-31 | CN¥5.35 | CN¥14.63 | x |
| 2024-12-31 | CN¥5.44 | CN¥14.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanyou Corporation Limited 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): 3.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.92%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.94x
- Recent ROE (3.63%) is below the historical average (8.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.93% | 9.08% | 0.92x | 1.67x | CN¥28.40 Million |
| 2020 | 17.15% | 11.41% | 0.95x | 1.58x | CN¥62.41 Million |
| 2021 | 7.10% | 6.93% | 0.66x | 1.54x | CN¥-47.89 Million |
| 2022 | 4.49% | 4.10% | 0.67x | 1.64x | CN¥-93.12 Million |
| 2023 | 2.71% | 2.53% | 0.64x | 1.66x | CN¥-125.00 Million |
| 2024 | 3.63% | 2.92% | 0.64x | 1.94x | CN¥-110.92 Million |
Industry Comparison
This section compares Sanyou Corporation Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanyou Corporation Limited (300932) | CN¥1.77 Billion | 13.93% | 1.01x | $244.36 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |