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

Latest as of September 2025: CN¥1.15 Billion CNY ≈ $168.83 Million USD

Based on the latest financial reports, Liaoning SG Automotive Group Co Ltd (600303) has net assets worth CN¥1.15 Billion CNY (≈ $168.83 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¥3.31 Billion ≈ $484.74 Million USD) and total liabilities (CN¥2.16 Billion ≈ $315.90 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 600303 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Liaoning SG Automotive Group Co Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Liaoning SG Automotive Group Co Ltd worth.

Year	Net Assets	Change
2024-12-31	CN¥1.38 Billion ≈ $201.41 Million	-20.98%
2023-12-31	CN¥1.74 Billion ≈ $254.88 Million	-21.61%
2022-12-31	CN¥2.22 Billion ≈ $325.13 Million	-13.57%
2021-12-31	CN¥2.57 Billion ≈ $376.18 Million	-17.72%
2020-12-31	CN¥3.12 Billion ≈ $457.21 Million	+1.51%
2019-12-31	CN¥3.08 Billion ≈ $450.42 Million	+1.37%
2018-12-31	CN¥3.04 Billion ≈ $444.34 Million	-7.07%
2017-12-31	CN¥3.27 Billion ≈ $478.16 Million	+10.14%
2016-12-31	CN¥2.97 Billion ≈ $434.14 Million	+17.30%
2015-12-31	CN¥2.53 Billion ≈ $370.12 Million	+0.09%
2014-12-31	CN¥2.53 Billion ≈ $369.79 Million	+9.59%
2013-12-31	CN¥2.31 Billion ≈ $337.44 Million	-14.23%
2012-12-31	CN¥2.69 Billion ≈ $393.41 Million	+7.68%
2011-12-31	CN¥2.50 Billion ≈ $365.35 Million	+16.55%
2010-12-31	CN¥2.14 Billion ≈ $313.47 Million	+47.48%
2009-12-31	CN¥1.45 Billion ≈ $212.55 Million	+8.83%
2008-12-31	CN¥1.33 Billion ≈ $195.30 Million	-5.40%
2007-12-31	CN¥1.41 Billion ≈ $206.45 Million	+13.02%
2006-12-31	CN¥1.25 Billion ≈ $182.67 Million	+48.56%
2005-12-31	CN¥840.31 Million ≈ $122.96 Million	+12.11%
2004-12-31	CN¥749.54 Million ≈ $109.68 Million	+2.23%
2003-12-31	CN¥733.20 Million ≈ $107.29 Million	+17.59%
2002-12-31	CN¥623.52 Million ≈ $91.24 Million	+23.45%
2001-12-31	CN¥505.08 Million ≈ $73.91 Million	+4.34%
2000-12-31	CN¥484.09 Million ≈ $70.84 Million	+468.57%
1999-12-31	CN¥85.14 Million ≈ $12.46 Million	+34.30%
1998-12-31	CN¥63.40 Million ≈ $9.28 Million	+25.37%
1997-12-31	CN¥50.57 Million ≈ $7.40 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
Bijou Brigitte modische Accessoires Aktiengesellschaft XETRA:BIJ	$331.20 Million
Chongqing Wanli New Energy Co Ltd SHG:600847	$331.30 Million
Kits Eyecare Ltd TO:KITS	$331.31 Million
EUROSEAS LTD DL -01 F:2LE1	$331.36 Million
Sprout Social Inc NASDAQ:SPT	$331.06 Million
Southern Score Builders Berhad KLSE:0045	$330.93 Million
Huafang Co Ltd SHG:600448	$330.86 Million
Shanghai Xintonglian Packaging Co Ltd SHG:603022	$330.71 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: 1.67x
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 24.76x to 1.67x 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¥3.31	x
1998-12-31	CN¥0.16	CN¥3.31	x
1999-12-31	CN¥0.21	CN¥3.31	x
2000-12-31	CN¥1.14	CN¥3.31	x
2001-12-31	CN¥1.15	CN¥3.31	x
2002-12-31	CN¥1.16	CN¥3.31	x
2003-12-31	CN¥1.41	CN¥3.31	x
2004-12-31	CN¥1.58	CN¥3.31	x
2005-12-31	CN¥1.76	CN¥3.31	x
2006-12-31	CN¥2.82	CN¥3.31	x
2007-12-31	CN¥2.40	CN¥3.31	x
2008-12-31	CN¥2.42	CN¥3.31	x
2009-12-31	CN¥3.14	CN¥3.31	x
2010-12-31	CN¥4.71	CN¥3.31	x
2011-12-31	CN¥3.90	CN¥3.31	x
2012-12-31	CN¥4.19	CN¥3.31	x
2013-12-31	CN¥3.60	CN¥3.31	x
2014-12-31	CN¥4.44	CN¥3.31	x
2015-12-31	CN¥3.89	CN¥3.31	x
2016-12-31	CN¥4.62	CN¥3.31	x
2017-12-31	CN¥4.61	CN¥3.31	x
2018-12-31	CN¥4.26	CN¥3.31	x
2019-12-31	CN¥4.32	CN¥3.31	x
2020-12-31	CN¥4.38	CN¥3.31	x
2021-12-31	CN¥3.68	CN¥3.31	x
2022-12-31	CN¥3.19	CN¥3.31	x
2023-12-31	CN¥2.50	CN¥3.31	x
2024-12-31	CN¥1.99	CN¥3.31	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: $17,408,759,329
Average return on equity (ROE) among peers: -33.32%

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	$331.11 Million
Weichai Power Co Ltd Class A (000338)	$80.43 Billion	11.47%	2.37x	$30.91 Billion
Jiangling Motors Corp Ltd (000550)	$1.38 Billion	3.14%	2.33x	$1.42 Billion
Haima Automobile Group Co Ltd (000572)	$3.79 Billion	12.92%	1.18x	$1.35 Billion
Chongqing Changan Automobile Co Ltd (000625)	$74.68 Billion	15.17%	1.55x	$11.53 Billion
Faw Car Co Ltd (000800)	$3.22 Billion	12.55%	0.49x	$4.85 Billion
Anhui Ankai Automobile Co Ltd (000868)	$788.35 Million	9.30%	2.22x	$613.16 Million
Kunming Yunnei Power Co Ltd (000903)	$2.58 Billion	1.55%	0.72x	$620.05 Million
Zhejiang Qianjiang Motorcycle Co Ltd (000913)	$2.52 Billion	2.52%	0.74x	$1.04 Billion
Zotye Automobile Co Ltd (000980)	$240.46 Million	-416.07%	14.00x	$1.86 Billion
Yinyi Real Estate Co Ltd (000981)	$4.45 Billion	14.29%	4.40x	$5.62 Billion

About Liaoning SG Automotive Group Co Ltd

SHG:600303 China Auto Manufacturers

Market Cap

$331.11 Million

CN¥2.26 Billion CNY

Market Cap Rank

#14554 Global

#4545 in China

Share Price

CN¥3.31

Change (1 day)

+0.61%

52-Week Range

CN¥2.93 - CN¥4.47

All Time High

CN¥16.59