Chengdu Shengbang Seals Co.Ltd. (301233) - Net Assets
Based on the latest financial reports, Chengdu Shengbang Seals Co.Ltd. (301233) has net assets worth CN¥941.93 Million CNY (≈ $137.83 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.04 Billion ≈ $151.89 Million USD) and total liabilities (CN¥96.03 Million ≈ $14.05 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 Chengdu Shengbang Seals Co.Ltd. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥941.93 Million |
| % of Total Assets | 90.75% |
| Annual Growth Rate | 29.25% |
| 5-Year Change | 200.56% |
| 10-Year Change | N/A |
| Growth Volatility | 48.06 |
Chengdu Shengbang Seals Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Chengdu Shengbang Seals Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of Chengdu Shengbang Seals Co.Ltd. for the complete picture of this company's asset base.
Annual Net Assets for Chengdu Shengbang Seals Co.Ltd. (2019–2024)
The table below shows the annual net assets of Chengdu Shengbang Seals Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see how much is Chengdu Shengbang Seals Co.Ltd. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥924.22 Million ≈ $135.24 Million |
+4.47% |
| 2023-12-31 | CN¥884.70 Million ≈ $129.46 Million |
+2.79% |
| 2022-12-31 | CN¥860.66 Million ≈ $125.94 Million |
+130.77% |
| 2021-12-31 | CN¥372.96 Million ≈ $54.58 Million |
+21.29% |
| 2020-12-31 | CN¥307.49 Million ≈ $45.00 Million |
+20.08% |
| 2019-12-31 | CN¥256.08 Million ≈ $37.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Chengdu Shengbang Seals 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 161.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥383.03 Million | 41.44% |
| Other Components | CN¥541.19 Million | 58.56% |
| Total Equity | CN¥924.22 Million | 100.00% |
Chengdu Shengbang Seals Co.Ltd. Competitors by Market Cap
The table below lists competitors of Chengdu Shengbang Seals Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Valhi Inc
NYSE:VHI
|
$431.61 Million |
|
Hap Seng Plantations Holdings Bhd
KLSE:5138
|
$431.67 Million |
|
Qingdao Victall Railway Co Ltd
SHG:605001
|
$431.76 Million |
|
Community West Bancshares
NASDAQ:CWBC
|
$431.93 Million |
|
Einhell Germany AG
F:EIN
|
$431.32 Million |
|
Fidere Patrimonio SOCIMI SA
MC:YFID
|
$431.18 Million |
|
Hunan Xiangjia Animal Husbandry Co
SHE:002982
|
$431.14 Million |
|
Mayville Engineering Co Inc
NYSE:MEC
|
$430.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Shengbang Seals Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 884,699,636 to 924,218,613, a change of 39,518,977 (4.5%).
- Net income of 87,003,153 contributed positively to equity growth.
- Dividend payments of 22,427,964 reduced retained earnings.
- Other factors decreased equity by 25,056,212.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥87.00 Million | +9.41% |
| Dividends Paid | CN¥22.43 Million | -2.43% |
| Other Changes | CN¥-25.06 Million | -2.71% |
| Total Change | CN¥- | 4.47% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Shengbang Seals 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: 3.19x
- 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 8.56x to 3.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥6.69 | CN¥57.29 | x |
| 2020-12-31 | CN¥7.97 | CN¥57.29 | x |
| 2021-12-31 | CN¥9.66 | CN¥57.29 | x |
| 2022-12-31 | CN¥16.72 | CN¥57.29 | x |
| 2023-12-31 | CN¥17.19 | CN¥57.29 | x |
| 2024-12-31 | CN¥17.96 | CN¥57.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Shengbang Seals 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): 9.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.51%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.12x
- Recent ROE (9.41%) is below the historical average (13.00%), 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 | 13.26% | 13.90% | 0.66x | 1.44x | CN¥8.35 Million |
| 2020 | 24.99% | 28.27% | 0.66x | 1.34x | CN¥46.11 Million |
| 2021 | 17.55% | 20.99% | 0.64x | 1.30x | CN¥28.17 Million |
| 2022 | 5.52% | 15.58% | 0.31x | 1.13x | CN¥-38.53 Million |
| 2023 | 7.24% | 18.83% | 0.33x | 1.16x | CN¥-24.44 Million |
| 2024 | 9.41% | 21.51% | 0.39x | 1.12x | CN¥-5.42 Million |
Industry Comparison
This section compares Chengdu Shengbang Seals Co.Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,145,101,575
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Shengbang Seals Co.Ltd. (301233) | CN¥941.93 Million | 13.26% | 0.10x | $431.49 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $90.42 Million | 27.06% | 0.87x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.46 Billion | 18.08% | 0.97x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.57 Billion | -90.11% | 2.59x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $16.39 Billion | 9.78% | 0.86x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $107.09 Million | 21.41% | 1.19x | $605.40 Million |
About Chengdu Shengbang Seals Co.Ltd.
Chengdu Shengbang Seals Co.,Ltd. researches and develops, produces, and sells rubber polymer products in China and internationally. It provides valve seals, valve oil seals, rear crankshaft oil seal assemblies, rear crankshaft oil seals, radial shaft seals, spark plug conduit oil seals, shift shaft oil seals, differential oil seals, cylinder head cover sealing rings, sealing rings, radioactive so… Read more