Liaoning SG Automotive Group Co Ltd

SHG:600303 China Auto Manufacturers
Market Cap
$316.77 Million
CN¥2.32 Billion CNY
Market Cap Rank
#13950 Global
#3630 in China
Share Price
CN¥3.40
Change (1 day)
+0.00%
52-Week Range
CN¥3.03 - CN¥4.54
All Time High
CN¥16.59
Categories
Companies in China Auto Manufacturers
About

Liaoning SG Automotive Group Co., Ltd. manufactures and sells automobiles, and axles and other auto parts in China. It offers pickup vehicles; mini buses; electric buses; special pickup vehicles, including sewer suction pickups, refrigerated pickups, blasting equipment transporter, police pickups, pickup cranes, and pickup wrecker; sanitation vehicles, such as self-loading garbage trucks, sewer f… Read more

Liaoning SG Automotive Group Co Ltd (600303) - Net Assets

Latest net assets as of September 2025: CN¥1.15 Billion CNY

Based on the latest financial reports, Liaoning SG Automotive Group Co Ltd (600303) has net assets worth CN¥1.15 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.31 Billion) and total liabilities (CN¥2.16 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¥1.15 Billion
% of Total Assets 34.83%
Annual Growth Rate 13.02%
5-Year Change -55.95%
10-Year Change -45.58%
Growth Volatility 88.86

Liaoning SG Automotive Group Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Liaoning SG Automotive Group 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 Liaoning SG Automotive Group Co Ltd (1997–2024)

The table below shows the annual net assets of Liaoning SG Automotive Group Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.38 Billion -20.98%
2023-12-31 CN¥1.74 Billion -21.61%
2022-12-31 CN¥2.22 Billion -13.57%
2021-12-31 CN¥2.57 Billion -17.72%
2020-12-31 CN¥3.12 Billion +1.51%
2019-12-31 CN¥3.08 Billion +1.37%
2018-12-31 CN¥3.04 Billion -7.07%
2017-12-31 CN¥3.27 Billion +10.14%
2016-12-31 CN¥2.97 Billion +17.30%
2015-12-31 CN¥2.53 Billion +0.09%
2014-12-31 CN¥2.53 Billion +9.59%
2013-12-31 CN¥2.31 Billion -14.23%
2012-12-31 CN¥2.69 Billion +7.68%
2011-12-31 CN¥2.50 Billion +16.55%
2010-12-31 CN¥2.14 Billion +47.48%
2009-12-31 CN¥1.45 Billion +8.83%
2008-12-31 CN¥1.33 Billion -5.40%
2007-12-31 CN¥1.41 Billion +13.02%
2006-12-31 CN¥1.25 Billion +48.56%
2005-12-31 CN¥840.31 Million +12.11%
2004-12-31 CN¥749.54 Million +2.23%
2003-12-31 CN¥733.20 Million +17.59%
2002-12-31 CN¥623.52 Million +23.45%
2001-12-31 CN¥505.08 Million +4.34%
2000-12-31 CN¥484.09 Million +468.57%
1999-12-31 CN¥85.14 Million +34.30%
1998-12-31 CN¥63.40 Million +25.37%
1997-12-31 CN¥50.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Liaoning SG Automotive Group 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 15632.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥683.60 Million 50.97%
Other Components CN¥1.39 Billion 103.87%
Total Equity CN¥1.34 Billion 100.00%

Liaoning SG Automotive Group Co Ltd Competitors by Market Cap

The table below lists competitors of Liaoning SG Automotive Group Co Ltd ranked by their market capitalization.

Company Market Cap
Sanyou Corporation Limited
SHE:300932
 		$244.36 Million
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
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
Hong Leong Industries Bhd
KLSE:3301
 		$244.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Liaoning SG Automotive Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,681,658,000 to 1,341,314,000, a change of -340,344,000 (-20.2%).
  • Net loss of 340,819,000 reduced equity.
  • Dividend payments of 47,271,000 reduced retained earnings.
  • Other factors increased equity by 47,746,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-340.82 Million -25.41%
Dividends Paid CN¥47.27 Million -3.52%
Other Changes CN¥47.75 Million +3.56%
Total Change CN¥- -20.24%

Book Value vs Market Value Analysis

This analysis compares Liaoning SG Automotive Group 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: 1.71x
  • 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 25.44x to 1.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.13 CN¥3.40 x
1998-12-31 CN¥0.16 CN¥3.40 x
1999-12-31 CN¥0.21 CN¥3.40 x
2000-12-31 CN¥1.14 CN¥3.40 x
2001-12-31 CN¥1.15 CN¥3.40 x
2002-12-31 CN¥1.16 CN¥3.40 x
2003-12-31 CN¥1.41 CN¥3.40 x
2004-12-31 CN¥1.58 CN¥3.40 x
2005-12-31 CN¥1.76 CN¥3.40 x
2006-12-31 CN¥2.82 CN¥3.40 x
2007-12-31 CN¥2.40 CN¥3.40 x
2008-12-31 CN¥2.42 CN¥3.40 x
2009-12-31 CN¥3.14 CN¥3.40 x
2010-12-31 CN¥4.71 CN¥3.40 x
2011-12-31 CN¥3.90 CN¥3.40 x
2012-12-31 CN¥4.19 CN¥3.40 x
2013-12-31 CN¥3.60 CN¥3.40 x
2014-12-31 CN¥4.44 CN¥3.40 x
2015-12-31 CN¥3.89 CN¥3.40 x
2016-12-31 CN¥4.62 CN¥3.40 x
2017-12-31 CN¥4.61 CN¥3.40 x
2018-12-31 CN¥4.26 CN¥3.40 x
2019-12-31 CN¥4.32 CN¥3.40 x
2020-12-31 CN¥4.38 CN¥3.40 x
2021-12-31 CN¥3.68 CN¥3.40 x
2022-12-31 CN¥3.19 CN¥3.40 x
2023-12-31 CN¥2.50 CN¥3.40 x
2024-12-31 CN¥1.99 CN¥3.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Liaoning SG Automotive Group 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): -25.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -23.10%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 2.64x
  • Recent ROE (-25.41%) is below the historical average (3.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 16.40% 5.64% 0.72x 4.03x CN¥3.24 Million
1998 14.30% 4.99% 0.84x 3.43x CN¥2.54 Million
1999 22.37% 9.66% 0.64x 3.60x CN¥9.67 Million
2000 7.35% 8.95% 0.44x 1.88x CN¥-11.40 Million
2001 8.00% 9.96% 0.38x 2.13x CN¥-8.67 Million
2002 8.43% 5.52% 0.44x 3.50x CN¥-6.92 Million
2003 17.54% 4.25% 1.06x 3.90x CN¥40.33 Million
2004 18.60% 4.15% 1.19x 3.76x CN¥51.53 Million
2005 13.07% 3.29% 1.05x 3.77x CN¥20.43 Million
2006 9.82% 3.02% 1.09x 2.99x CN¥-1.97 Million
2007 8.54% 2.57% 0.97x 3.44x CN¥-18.07 Million
2008 5.29% 1.56% 0.97x 3.49x CN¥-59.92 Million
2009 11.45% 3.97% 0.79x 3.66x CN¥20.32 Million
2010 11.68% 3.97% 0.92x 3.20x CN¥34.90 Million
2011 7.94% 2.84% 0.81x 3.43x CN¥-45.99 Million
2012 6.93% 2.95% 0.69x 3.40x CN¥-73.03 Million
2013 -13.06% -5.56% 0.64x 3.68x CN¥-474.75 Million
2014 0.45% 0.25% 0.48x 3.70x CN¥-215.97 Million
2015 4.37% 2.33% 0.44x 4.27x CN¥-133.28 Million
2016 2.17% 1.62% 0.40x 3.32x CN¥-219.46 Million
2017 10.19% 8.30% 0.49x 2.50x CN¥5.88 Million
2018 -4.46% -4.40% 0.46x 2.23x CN¥-415.55 Million
2019 1.60% 1.91% 0.41x 2.02x CN¥-245.44 Million
2020 1.85% 2.09% 0.51x 1.73x CN¥-241.26 Million
2021 -18.45% -18.50% 0.58x 1.72x CN¥-707.30 Million
2022 -15.75% -20.28% 0.42x 1.87x CN¥-554.17 Million
2023 -27.95% -34.46% 0.36x 2.26x CN¥-638.11 Million
2024 -25.41% -23.10% 0.42x 2.64x CN¥-474.95 Million

Industry Comparison

This section compares Liaoning SG Automotive Group Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

  • Industry: Auto Manufacturers
  • Average net assets among peers: $16,073,295,995
  • Average return on equity (ROE) among peers: -37.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Liaoning SG Automotive Group Co Ltd (600303) CN¥1.15 Billion 16.40% 1.87x $244.34 Million
Weichai Power Co Ltd Class A (000338) $40.85 Billion 12.24% 1.95x $22.99 Billion
Haima Automobile Group Co Ltd (000572) $51.44 Million 0.00% 13.34x $994.86 Million
Chongqing Changan Automobile Co Ltd (000625) $46.15 Billion 1.47% 1.03x $12.14 Billion
Faw Car Co Ltd (000800) $4.48 Billion 10.21% 0.28x $984.75 Million
Anhui Ankai Automobile Co Ltd (000868) $1.38 Billion 6.88% 2.00x $311.06 Million
Kunming Yunnei Power Co Ltd (000903) $3.54 Billion 4.55% 0.82x $463.94 Million
Zhejiang Qianjiang Motorcycle Co Ltd (000913) $832.28 Million 13.17% 0.69x $570.39 Million
Zotye Automobile Co Ltd (000980) $240.46 Million -416.07% 14.00x $1.37 Billion
Yinyi Real Estate Co Ltd (000981) $596.31 Million -14.36% 0.78x $1.56 Billion
BYD Co Ltd Class A (002594) $62.60 Billion 2.58% 2.13x $87.17 Billion