Liaoning SG Automotive Group Co Ltd Net Assets
Liaoning SG Automotive Group Co Ltd net assets. Based on the latest financial reports, Liaoning SG Automotive Group Co Ltd (600303) has net assets worth CN¥966.75 Million CNY (≈ $141.47 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.18 Billion ≈ $464.63 Million USD) and total liabilities (CN¥2.21 Billion ≈ $323.16 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. Also explore 600303 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥966.75 Million |
| % of Total Assets | 30.45% |
| Annual Growth Rate | 11.35% |
| 5-Year Change | -60.07% |
| 10-Year Change | -65.4% |
| Growth Volatility | 87.75 |
Net Assets of Liaoning SG Automotive Group Co Ltd (1997–2025)
Net assets of Liaoning SG Automotive Group Co Ltd from 1997 to 2025. This chart illustrates how Liaoning SG Automotive Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600303 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Liaoning SG Automotive Group Co Ltd (1997–2025)
The table below shows the annual net assets of Liaoning SG Automotive Group Co Ltd from 1997 to 2025. For live market cap and overall valuation, see market cap of Liaoning SG Automotive Group Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.03 Billion ≈ $150.23 Million |
-25.41% |
| 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 |
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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 23196.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Liaoning SG Automotive Group Co Ltd Net Assets Breakdown (December 2025)
Liaoning SG Automotive Group Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.09 Billion | 209.25% |
| Total Equity | CN¥1.00 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 |
|---|---|
|
Ganesha Ecosphere Limited
NSE:GANECOS
|
$263.10 Million |
|
Shenzhen New Land Co Ltd
SHE:300778
|
$263.15 Million |
|
R&B FOOD SUPPLY
BK:RBF-R
|
$263.19 Million |
|
Taeyoung Engineering & Construction Co.,Ltd.
KO:009415
|
$263.29 Million |
|
KABE Group AB (publ.)
ST:KABE-B
|
$263.06 Million |
|
Rongyu Group Co Ltd
SHE:002622
|
$263.05 Million |
|
Formosan Rubber Group Inc
TW:2107
|
$263.03 Million |
|
Nanning Sugar Industry Co Ltd
SHE:000911
|
$263.02 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 2024 to 2025, total equity changed from 1,341,314,000 to 1,001,034,490, a change of -340,279,510 (-25.4%).
- Net loss of 358,133,659 reduced equity.
- Dividend payments of 38,939,498 reduced retained earnings.
- Other factors increased equity by 56,793,646.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-358.13 Million | -35.78% |
| Dividends Paid | CN¥38.94 Million | -3.89% |
| Other Changes | CN¥56.79 Million | +5.67% |
| Total Change | CN¥- | -25.37% |
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: 1.80x
- 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 19.68x to 1.80x 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¥2.63 | x |
| 1998-12-31 | CN¥0.16 | CN¥2.63 | x |
| 1999-12-31 | CN¥0.21 | CN¥2.63 | x |
| 2000-12-31 | CN¥1.14 | CN¥2.63 | x |
| 2001-12-31 | CN¥1.15 | CN¥2.63 | x |
| 2002-12-31 | CN¥1.16 | CN¥2.63 | x |
| 2003-12-31 | CN¥1.41 | CN¥2.63 | x |
| 2004-12-31 | CN¥1.58 | CN¥2.63 | x |
| 2005-12-31 | CN¥1.76 | CN¥2.63 | x |
| 2006-12-31 | CN¥2.82 | CN¥2.63 | x |
| 2007-12-31 | CN¥2.40 | CN¥2.63 | x |
| 2008-12-31 | CN¥2.42 | CN¥2.63 | x |
| 2009-12-31 | CN¥3.14 | CN¥2.63 | x |
| 2010-12-31 | CN¥4.71 | CN¥2.63 | x |
| 2011-12-31 | CN¥3.90 | CN¥2.63 | x |
| 2012-12-31 | CN¥4.14 | CN¥2.63 | x |
| 2013-12-31 | CN¥3.60 | CN¥2.63 | x |
| 2014-12-31 | CN¥4.44 | CN¥2.63 | x |
| 2015-12-31 | CN¥3.89 | CN¥2.63 | x |
| 2016-12-31 | CN¥4.62 | CN¥2.63 | x |
| 2017-12-31 | CN¥4.61 | CN¥2.63 | x |
| 2018-12-31 | CN¥4.26 | CN¥2.63 | x |
| 2019-12-31 | CN¥4.38 | CN¥2.63 | x |
| 2020-12-31 | CN¥4.32 | CN¥2.63 | x |
| 2021-12-31 | CN¥3.68 | CN¥2.63 | x |
| 2022-12-31 | CN¥3.15 | CN¥2.63 | x |
| 2023-12-31 | CN¥2.50 | CN¥2.63 | x |
| 2024-12-31 | CN¥1.97 | CN¥2.63 | x |
| 2025-12-31 | CN¥1.46 | CN¥2.63 | 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): -35.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.98%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 3.22x
- Recent ROE (-35.78%) is below the historical average (2.33%), 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 | -15.54% | -20.00% | 0.42x | 1.87x | CN¥-549.48 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 |
| 2025 | -35.78% | -22.98% | 0.48x | 3.22x | CN¥-458.24 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: $26,483,422,494
- Average return on equity (ROE) among peers: 12.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liaoning SG Automotive Group Co Ltd (600303) | CN¥966.75 Million | 16.40% | 2.28x | $263.09 Million |
| Weichai Power Co Ltd Class A (000338) | $31.40 Billion | 9.53% | 1.11x | $18.97 Billion |
| Jiangling Motors Corp Ltd (000550) | $2.99 Billion | 16.56% | 0.56x | $1.25 Billion |
| Haima Automobile Group Co Ltd (000572) | $9.72 Billion | 2.19% | 0.66x | $770.12 Million |
| Chongqing Changan Automobile Co Ltd (000625) | $43.35 Billion | 23.72% | 1.46x | $8.62 Billion |
| Anhui Ankai Automobile Co Ltd (000868) | $94.06 Million | 38.51% | 2.01x | $456.44 Million |
| Kunming Yunnei Power Co Ltd (000903) | $3.54 Billion | 4.55% | 0.82x | $455.84 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $217.30 Million | 23.56% | 1.47x | $882.77 Million |
| Zotye Automobile Co Ltd (000980) | $17.58 Billion | 4.55% | 0.85x | $1.19 Billion |
| Yinyi Real Estate Co Ltd (000981) | $5.48 Billion | -17.69% | 2.27x | $3.17 Billion |
| BYD Co Ltd Class A (002594) | $150.46 Billion | 19.97% | 3.52x | $67.55 Billion |
About Liaoning SG Automotive Group Co Ltd
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