Sany Heavy Industry Co Ltd (600031) - Net Assets

Latest as of December 2025: CN¥89.43 Billion CNY

Based on the latest financial reports, Sany Heavy Industry Co Ltd (600031) has net assets worth CN¥89.43 Billion CNY as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥173.30 Billion) and total liabilities (CN¥83.87 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¥89.43 Billion
% of Total Assets 51.61%
Annual Growth Rate 28.5%
5-Year Change 37.39%
10-Year Change 281.33%
Growth Volatility 52.08

Sany Heavy Industry Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Sany Heavy Industry 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 Sany Heavy Industry Co Ltd (2000–2025)

The table below shows the annual net assets of Sany Heavy Industry Co Ltd from 2000 to 2025.

Year Net Assets Change
2025-12-31 CN¥89.43 Billion +22.51%
2024-12-31 CN¥73.00 Billion +5.53%
2023-12-31 CN¥69.17 Billion +4.79%
2022-12-31 CN¥66.01 Billion +1.40%
2021-12-31 CN¥65.10 Billion +11.87%
2020-12-31 CN¥58.19 Billion +27.81%
2019-12-31 CN¥45.53 Billion +40.07%
2018-12-31 CN¥32.50 Billion +23.24%
2017-12-31 CN¥26.37 Billion +12.45%
2016-12-31 CN¥23.45 Billion -0.75%
2015-12-31 CN¥23.63 Billion -4.49%
2014-12-31 CN¥24.74 Billion -1.07%
2013-12-31 CN¥25.01 Billion +1.61%
2012-12-31 CN¥24.61 Billion +18.60%
2011-12-31 CN¥20.75 Billion +74.13%
2010-12-31 CN¥11.92 Billion +43.86%
2009-12-31 CN¥8.28 Billion +33.95%
2008-12-31 CN¥6.18 Billion +22.54%
2007-12-31 CN¥5.05 Billion +83.33%
2006-12-31 CN¥2.75 Billion +28.23%
2005-12-31 CN¥2.15 Billion +9.61%
2004-12-31 CN¥1.96 Billion +14.98%
2003-12-31 CN¥1.70 Billion +259.10%
2002-12-31 CN¥474.39 Million +81.85%
2001-12-31 CN¥260.87 Million +53.83%
2000-12-31 CN¥169.59 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sany Heavy Industry 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 5838271134823.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥58.37 Billion 66.08%
Other Components CN¥29.96 Billion 33.92%
Total Equity CN¥88.33 Billion 100.00%

Sany Heavy Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Sany Heavy Industry Co Ltd ranked by their market capitalization.

Company Market Cap
Citizens Financial Group, Inc.
NYSE:CFG
 		$25.04 Billion
Fidelity National Information Services Inc
NYSE:FIS
 		$25.12 Billion
Hindalco Industries Limited
NSE:HINDALCO
 		$25.12 Billion
W. R. Berkley Corp
NYSE:WRB
 		$25.21 Billion
Teva Pharmaceutical Industries Limited
F:TEV
 		$24.98 Billion
China National Uranium Co Ltd
SHE:001280
 		$24.95 Billion
Lundin Mining Corporation
TO:LUN
 		$24.95 Billion
LPL Financial Holdings Inc
NASDAQ:LPLA
 		$24.92 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sany Heavy Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 71,953,244,000 to 88,331,244,000, a change of 16,378,000,000 (22.8%).
  • Net income of 8,408,057,000 contributed positively to equity growth.
  • Dividend payments of 6,136,778,000 reduced retained earnings.
  • Other factors increased equity by 14,106,721,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥8.41 Billion +9.52%
Dividends Paid CN¥6.14 Billion -6.95%
Other Changes CN¥14.11 Billion +15.97%
Total Change CN¥- 22.76%

Book Value vs Market Value Analysis

This analysis compares Sany Heavy Industry 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: 2.10x
  • 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 697.23x to 2.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.03 CN¥20.16 x
2001-12-31 CN¥0.04 CN¥20.16 x
2002-12-31 CN¥0.08 CN¥20.16 x
2003-12-31 CN¥0.29 CN¥20.16 x
2004-12-31 CN¥0.33 CN¥20.16 x
2005-12-31 CN¥0.35 CN¥20.16 x
2006-12-31 CN¥0.45 CN¥20.16 x
2007-12-31 CN¥0.79 CN¥20.16 x
2008-12-31 CN¥0.96 CN¥20.16 x
2009-12-31 CN¥0.99 CN¥20.16 x
2010-12-31 CN¥1.49 CN¥20.16 x
2011-12-31 CN¥2.59 CN¥20.16 x
2012-12-31 CN¥3.04 CN¥20.16 x
2013-12-31 CN¥3.13 CN¥20.16 x
2014-12-31 CN¥3.12 CN¥20.16 x
2015-12-31 CN¥3.20 CN¥20.16 x
2016-12-31 CN¥2.98 CN¥20.16 x
2017-12-31 CN¥3.26 CN¥20.16 x
2018-12-31 CN¥3.84 CN¥20.16 x
2019-12-31 CN¥5.36 CN¥20.16 x
2020-12-31 CN¥6.73 CN¥20.16 x
2021-12-31 CN¥7.54 CN¥20.16 x
2022-12-31 CN¥7.69 CN¥20.16 x
2023-12-31 CN¥8.04 CN¥20.16 x
2024-12-31 CN¥8.50 CN¥20.16 x
2025-12-31 CN¥9.61 CN¥20.16 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sany Heavy Industry 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): 9.52%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.37%
  • • Asset Turnover: 0.52x
  • • Equity Multiplier: 1.96x
  • Recent ROE (9.52%) is below the historical average (20.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 35.35% 15.27% 0.65x 3.58x CN¥42.99 Million
2001 34.98% 16.58% 0.81x 2.60x CN¥65.16 Million
2002 44.53% 21.31% 0.85x 2.45x CN¥162.73 Million
2003 19.10% 15.56% 0.78x 1.58x CN¥154.76 Million
2004 17.17% 12.32% 0.61x 2.27x CN¥136.67 Million
2005 10.42% 8.52% 0.53x 2.29x CN¥8.78 Million
2006 21.05% 12.18% 0.77x 2.23x CN¥292.59 Million
2007 33.95% 17.56% 0.82x 2.36x CN¥1.13 Billion
2008 21.11% 8.96% 0.98x 2.39x CN¥648.43 Million
2009 26.07% 11.90% 1.04x 2.10x CN¥1.21 Billion
2010 49.47% 16.54% 1.08x 2.76x CN¥4.48 Billion
2011 43.99% 17.03% 0.99x 2.61x CN¥6.68 Billion
2012 24.70% 12.14% 0.73x 2.80x CN¥3.38 Billion
2013 12.16% 7.78% 0.58x 2.67x CN¥514.82 Million
2014 2.98% 2.34% 0.48x 2.65x CN¥-1.67 Billion
2015 0.02% 0.02% 0.38x 2.70x CN¥-2.26 Billion
2016 0.90% 0.87% 0.38x 2.71x CN¥-2.07 Billion
2017 8.21% 5.46% 0.66x 2.28x CN¥-457.51 Million
2018 19.43% 10.96% 0.76x 2.34x CN¥2.97 Billion
2019 25.50% 14.86% 0.84x 2.04x CN¥6.88 Billion
2020 27.29% 15.43% 0.79x 2.23x CN¥9.78 Billion
2021 18.89% 11.26% 0.77x 2.18x CN¥5.66 Billion
2022 6.60% 5.31% 0.51x 2.44x CN¥-2.21 Billion
2023 6.65% 6.12% 0.49x 2.22x CN¥-2.28 Billion
2024 8.30% 7.62% 0.52x 2.11x CN¥-1.22 Billion
2025 9.52% 9.37% 0.52x 1.96x CN¥-425.07 Million

Industry Comparison

This section compares Sany Heavy Industry Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.

Industry Context

  • Industry: Farm & Heavy Construction Machinery
  • Average net assets among peers: $1,637,648,793
  • Average return on equity (ROE) among peers: 10.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sany Heavy Industry Co Ltd (600031) CN¥89.43 Billion 35.35% 0.94x $25.00 Billion
Zoomlion Heavy Industry Science and Technology Co Ltd (000157) $1.77 Billion 17.54% 1.36x $8.38 Billion
XCMG Construction Machinery Co Ltd (000425) $1.07 Billion -12.02% 1.95x $17.11 Billion
Guangxi Liugong Machinery Co Ltd (000528) $708.58 Million 0.35% 0.62x $2.84 Billion
Shantui Construction Machinery Co Ltd (000680) $3.67 Billion 2.19% 1.55x $2.58 Billion
JiangSu JiangHuai Engine Co Ltd (000816) $85.08 Million 48.08% 1.71x $681.81 Million
HBIS Resources Co Ltd (000923) $580.77 Million 1.78% 1.21x $1.81 Billion
Sinotruk Jinan Truck Co Ltd (000951) $4.00 Billion 16.83% 3.93x $4.10 Billion
Zhongtong Bus Holding Co Ltd (000957) $2.74 Billion 1.21% 3.41x $1.05 Billion
Anhui Tuoshan Heavy Industry Co. Ltd. (001226) $338.92 Million 25.45% 1.01x $491.46 Million
Nanchang Mineral Systems Co. Ltd. A (001360) $1.41 Billion 6.86% 0.45x $653.15 Million

About Sany Heavy Industry Co Ltd

SHG:600031 China Farm & Heavy Construction Machinery
Market Cap
$25.00 Billion
CN¥170.84 Billion CNY
Market Cap Rank
#932 Global
#66 in China
Share Price
CN¥20.16
Change (1 day)
-1.13%
52-Week Range
CN¥17.44 - CN¥23.98
All Time High
CN¥45.21
Categories
Companies in China Farm & Heavy Construction Machinery
About

Sany Heavy Industry Co.,Ltd engages in the research and development, manufacture, and sale of construction machinery in China and internationally. The company offers truck mounted concrete, trailer, and line pump, as well as placing boom, truck mixer, and batching plant; excavator, such as mini, small, medium, large, ling-reach, and wheel excavators. It also provides truck, all-terrain, rough-ter… Read more