Sinomach Automobile Co Ltd
Sinomach Automobile Co.,Ltd. provides automotive trade in China. It trades cars under the import brands comprising Volkswagen, Fiat Chrysler, Jaguar Land Rover, Ford, General Motors, Tesla, Porsche, Lincoln, Aston Martin, Volvo, Alfa Romeo, Stellantis, and INEOS, BMW, Mercedes-Benz, Volvo, SAIC, BAIC, Changan, BYD, Tesla, Weilai, Xiaopeng, Ideal, Xiaomi, and other major global automobile group. T… Read more
Sinomach Automobile Co Ltd (600335) - Net Assets
Latest net assets as of September 2025: CN¥11.53 Billion CNY
Based on the latest financial reports, Sinomach Automobile Co Ltd (600335) has net assets worth CN¥11.53 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¥37.03 Billion) and total liabilities (CN¥25.50 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¥11.53 Billion |
| % of Total Assets | 31.13% |
| Annual Growth Rate | 19.43% |
| 5-Year Change | 8.38% |
| 10-Year Change | 99.03% |
| Growth Volatility | 149.58 |
Sinomach Automobile Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Sinomach Automobile 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 Sinomach Automobile Co Ltd (1997–2024)
The table below shows the annual net assets of Sinomach Automobile Co Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.32 Billion | +4.11% |
| 2023-12-31 | CN¥10.87 Billion | -2.86% |
| 2022-12-31 | CN¥11.19 Billion | +6.21% |
| 2021-12-31 | CN¥10.54 Billion | +0.90% |
| 2020-12-31 | CN¥10.44 Billion | +1.76% |
| 2019-12-31 | CN¥10.26 Billion | +29.08% |
| 2018-12-31 | CN¥7.95 Billion | +4.77% |
| 2017-12-31 | CN¥7.59 Billion | +6.15% |
| 2016-12-31 | CN¥7.15 Billion | +25.70% |
| 2015-12-31 | CN¥5.69 Billion | +6.34% |
| 2014-12-31 | CN¥5.35 Billion | +42.15% |
| 2013-12-31 | CN¥3.76 Billion | +20.88% |
| 2012-12-31 | CN¥3.11 Billion | +15.87% |
| 2011-12-31 | CN¥2.69 Billion | +789.74% |
| 2010-12-31 | CN¥301.93 Million | -9.69% |
| 2009-12-31 | CN¥334.34 Million | -17.57% |
| 2008-12-31 | CN¥405.58 Million | +0.27% |
| 2007-12-31 | CN¥404.48 Million | +32.62% |
| 2006-12-31 | CN¥304.98 Million | +1.22% |
| 2005-12-31 | CN¥301.29 Million | -3.36% |
| 2004-12-31 | CN¥311.76 Million | +9.71% |
| 2003-12-31 | CN¥284.16 Million | -0.43% |
| 2002-12-31 | CN¥285.38 Million | -12.27% |
| 2001-12-31 | CN¥325.31 Million | +143.41% |
| 2000-12-31 | CN¥133.65 Million | -14.48% |
| 1999-12-31 | CN¥156.28 Million | +37.76% |
| 1998-12-31 | CN¥113.45 Million | +21.11% |
| 1997-12-31 | CN¥93.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinomach Automobile 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 619155388400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.19 Billion | 54.33% |
| Common Stock | CN¥1.50 Billion | 13.13% |
| Other Comprehensive Income | CN¥470.03 Million | 4.12% |
| Other Components | CN¥3.24 Billion | 28.42% |
| Total Equity | CN¥11.40 Billion | 100.00% |
Sinomach Automobile Co Ltd Competitors by Market Cap
The table below lists competitors of Sinomach Automobile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Top Energy Shanxi Co Ltd
SHG:600780
|
$403.69 Million |
|
Cars.com Inc
NYSE:CARS
|
$403.74 Million |
|
Kansai Nerolac Paints Limited
NSE:KANSAINER
|
$403.81 Million |
|
DINGDONG CAYMAN 2ADR/3 A
F:945
|
$403.88 Million |
|
Grupo Profuturo S.A.B. de C.V
MX:GPROFUT
|
$403.53 Million |
|
Ningbo Cixing
SHE:300307
|
$403.43 Million |
|
Manitou BF SA
PINK:MAOIF
|
$403.20 Million |
|
KOMORI CORP.
F:KOI
|
$403.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinomach Automobile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,923,298,590 to 11,395,403,847, a change of 472,105,257 (4.3%).
- Net income of 392,459,704 contributed positively to equity growth.
- Dividend payments of 115,325,220 reduced retained earnings.
- Other comprehensive income increased equity by 134,411,146.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥392.46 Million | +3.44% |
| Dividends Paid | CN¥115.33 Million | -1.01% |
| Other Comprehensive Income | CN¥134.41 Million | +1.18% |
| Other Changes | CN¥60.56 Million | +0.53% |
| Total Change | CN¥- | 4.32% |
Book Value vs Market Value Analysis
This analysis compares Sinomach Automobile 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: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 18.47x to 0.84x 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¥0.35 | CN¥6.38 | x |
| 1998-12-31 | CN¥0.42 | CN¥6.38 | x |
| 1999-12-31 | CN¥0.58 | CN¥6.38 | x |
| 2000-12-31 | CN¥0.49 | CN¥6.38 | x |
| 2001-12-31 | CN¥1.19 | CN¥6.38 | x |
| 2002-12-31 | CN¥1.04 | CN¥6.38 | x |
| 2003-12-31 | CN¥1.04 | CN¥6.38 | x |
| 2004-12-31 | CN¥1.05 | CN¥6.38 | x |
| 2005-12-31 | CN¥1.06 | CN¥6.38 | x |
| 2006-12-31 | CN¥0.71 | CN¥6.38 | x |
| 2007-12-31 | CN¥0.94 | CN¥6.38 | x |
| 2008-12-31 | CN¥0.95 | CN¥6.38 | x |
| 2009-12-31 | CN¥0.77 | CN¥6.38 | x |
| 2010-12-31 | CN¥0.38 | CN¥6.38 | x |
| 2011-12-31 | CN¥3.19 | CN¥6.38 | x |
| 2012-12-31 | CN¥3.53 | CN¥6.38 | x |
| 2013-12-31 | CN¥3.88 | CN¥6.38 | x |
| 2014-12-31 | CN¥5.51 | CN¥6.38 | x |
| 2015-12-31 | CN¥5.84 | CN¥6.38 | x |
| 2016-12-31 | CN¥7.25 | CN¥6.38 | x |
| 2017-12-31 | CN¥7.26 | CN¥6.38 | x |
| 2018-12-31 | CN¥5.44 | CN¥6.38 | x |
| 2019-12-31 | CN¥6.95 | CN¥6.38 | x |
| 2020-12-31 | CN¥7.23 | CN¥6.38 | x |
| 2021-12-31 | CN¥7.26 | CN¥6.38 | x |
| 2022-12-31 | CN¥7.51 | CN¥6.38 | x |
| 2023-12-31 | CN¥7.30 | CN¥6.38 | x |
| 2024-12-31 | CN¥7.62 | CN¥6.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinomach Automobile 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): 3.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.93%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 3.09x
- Recent ROE (3.44%) is below the historical average (9.37%), 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 | 17.05% | 10.36% | 0.53x | 3.11x | CN¥6.60 Million |
| 1998 | 17.47% | 9.10% | 0.58x | 3.31x | CN¥8.47 Million |
| 1999 | 14.74% | 7.86% | 0.57x | 3.27x | CN¥7.40 Million |
| 2000 | 12.29% | 7.26% | 0.41x | 4.10x | CN¥3.06 Million |
| 2001 | 0.57% | 1.00% | 0.26x | 2.16x | CN¥-30.39 Million |
| 2002 | -13.20% | -14.40% | 0.41x | 2.22x | CN¥-65.51 Million |
| 2003 | -1.58% | -1.54% | 0.47x | 2.17x | CN¥-32.55 Million |
| 2004 | 0.89% | 0.90% | 0.36x | 2.78x | CN¥-25.96 Million |
| 2005 | 1.48% | 0.96% | 0.55x | 2.79x | CN¥-24.55 Million |
| 2006 | 0.34% | 0.24% | 0.51x | 2.75x | CN¥-28.12 Million |
| 2007 | 27.34% | 24.86% | 0.48x | 2.29x | CN¥67.56 Million |
| 2008 | 1.22% | 0.80% | 0.55x | 2.79x | CN¥-34.32 Million |
| 2009 | -22.46% | -17.85% | 0.41x | 3.10x | CN¥-103.61 Million |
| 2010 | 74.55% | 0.62% | 28.74x | 4.21x | CN¥184.87 Million |
| 2011 | 19.77% | 0.97% | 3.49x | 5.83x | CN¥243.64 Million |
| 2012 | 18.60% | 0.88% | 3.28x | 6.41x | CN¥255.23 Million |
| 2013 | 21.29% | 0.96% | 3.65x | 6.10x | CN¥402.70 Million |
| 2014 | 16.81% | 0.95% | 2.62x | 6.79x | CN¥346.51 Million |
| 2015 | 8.73% | 0.75% | 2.23x | 5.24x | CN¥-69.65 Million |
| 2016 | 8.68% | 1.20% | 2.29x | 3.15x | CN¥-92.36 Million |
| 2017 | 8.96% | 1.33% | 1.94x | 3.46x | CN¥-77.94 Million |
| 2018 | 10.50% | 1.49% | 2.25x | 3.14x | CN¥39.71 Million |
| 2019 | 5.31% | 1.03% | 1.38x | 3.74x | CN¥-475.48 Million |
| 2020 | 4.06% | 0.97% | 1.37x | 3.06x | CN¥-626.41 Million |
| 2021 | 2.42% | 0.58% | 1.46x | 2.84x | CN¥-802.22 Million |
| 2022 | 2.83% | 0.81% | 1.22x | 2.89x | CN¥-805.38 Million |
| 2023 | 0.19% | 0.05% | 1.26x | 3.16x | CN¥-1.07 Billion |
| 2024 | 3.44% | 0.93% | 1.19x | 3.09x | CN¥-747.08 Million |
Industry Comparison
This section compares Sinomach Automobile Co Ltd's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $1,367,707,725
- Average return on equity (ROE) among peers: 12.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinomach Automobile Co Ltd (600335) | CN¥11.53 Billion | 17.05% | 2.21x | $403.62 Million |
| Fujian Zhangzhou Development Co Ltd (000753) | $2.87 Billion | 2.67% | 2.12x | $504.34 Million |
| CATARC Automotive Proving Ground Co.Ltd. (301215) | $1.24 Billion | 11.58% | 0.40x | $249.14 Million |
| Liaoning Shenhua Holdings Co Ltd (600653) | $1.46 Million | 24.56% | 1.60x | $428.45 Million |