Sinomach Automobile Co Ltd (600335) - Net Assets

Latest as of March 2026: CN¥11.71 Billion CNY ≈ $1.71 Billion USD

Based on the latest financial reports, Sinomach Automobile Co Ltd (600335) has net assets worth CN¥11.71 Billion CNY (≈ $1.71 Billion 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¥38.77 Billion ≈ $5.67 Billion USD) and total liabilities (CN¥27.05 Billion ≈ $3.96 Billion 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 600335 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥11.71 Billion
% of Total Assets	30.21%
Annual Growth Rate	24.95%
5-Year Change	354.92%
10-Year Change	570.56%
Growth Volatility	155.89

Sinomach Automobile Co Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Sinomach Automobile Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sinomach Automobile Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sinomach Automobile Co Ltd (1997–2025)

The table below shows the annual net assets of Sinomach Automobile Co Ltd from 1997 to 2025. For live valuation and market cap data, see market cap of Sinomach Automobile Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥47.94 Billion ≈ $7.02 Billion	+323.52%
2024-12-31	CN¥11.32 Billion ≈ $1.66 Billion	+4.11%
2023-12-31	CN¥10.87 Billion ≈ $1.59 Billion	-2.86%
2022-12-31	CN¥11.19 Billion ≈ $1.64 Billion	+6.21%
2021-12-31	CN¥10.54 Billion ≈ $1.54 Billion	+0.90%
2020-12-31	CN¥10.44 Billion ≈ $1.53 Billion	+1.76%
2019-12-31	CN¥10.26 Billion ≈ $1.50 Billion	+29.08%
2018-12-31	CN¥7.95 Billion ≈ $1.16 Billion	+4.77%
2017-12-31	CN¥7.59 Billion ≈ $1.11 Billion	+6.15%
2016-12-31	CN¥7.15 Billion ≈ $1.05 Billion	+25.70%
2015-12-31	CN¥5.69 Billion ≈ $832.29 Million	+6.34%
2014-12-31	CN¥5.35 Billion ≈ $782.66 Million	+42.15%
2013-12-31	CN¥3.76 Billion ≈ $550.59 Million	+20.88%
2012-12-31	CN¥3.11 Billion ≈ $455.47 Million	+15.87%
2011-12-31	CN¥2.69 Billion ≈ $393.10 Million	+789.74%
2010-12-31	CN¥301.93 Million ≈ $44.18 Million	-9.69%
2009-12-31	CN¥334.34 Million ≈ $48.92 Million	-17.57%
2008-12-31	CN¥405.58 Million ≈ $59.35 Million	+0.27%
2007-12-31	CN¥404.48 Million ≈ $59.19 Million	+32.62%
2006-12-31	CN¥304.98 Million ≈ $44.63 Million	+1.22%
2005-12-31	CN¥301.29 Million ≈ $44.09 Million	-3.36%
2004-12-31	CN¥311.76 Million ≈ $45.62 Million	+9.71%
2003-12-31	CN¥284.16 Million ≈ $41.58 Million	-0.43%
2002-12-31	CN¥285.38 Million ≈ $41.76 Million	-12.27%
2001-12-31	CN¥325.31 Million ≈ $47.60 Million	+143.41%
2000-12-31	CN¥133.65 Million ≈ $19.56 Million	-14.48%
1999-12-31	CN¥156.28 Million ≈ $22.87 Million	+37.76%
1998-12-31	CN¥113.45 Million ≈ $16.60 Million	+21.11%
1997-12-31	CN¥93.68 Million ≈ $13.71 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 644387066450.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥6.44 Billion	55.90%
Other Comprehensive Income	CN¥11.60 Billion	100.66%
Total Equity	CN¥11.53 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
Chengdu Gas Group Co Ltd SHG:603053	$1.13 Billion
Brainbees Solutions Limited NSE:FIRSTCRY	$1.13 Billion
Bafang Electric Suzhou Co Ltd SHG:603489	$1.13 Billion
Suofeiya Home Collection Co Ltd SHE:002572	$1.13 Billion
Aevis Victoria SA SW:AEVS	$1.13 Billion
Bangkok Airways Public Company Limited BK:BA	$1.13 Billion
SBFC Finance Limited NSE:SBFC	$1.13 Billion
ZINKA LOGISTICS SOL LTD NSE:BLACKBUCK	$1.13 Billion

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 2024 to 2025, total equity changed from 11,395,403,847 to 11,527,240,000, a change of 131,836,153 (1.2%).
Net income of 421,224,000 contributed positively to equity growth.
Dividend payments of 231,162,662 reduced retained earnings.
Other comprehensive income increased equity by 11,133,069,280.
Other factors decreased equity by 11,191,294,465.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥421.22 Million	+3.65%
Dividends Paid	CN¥231.16 Million	-2.01%
Other Comprehensive Income	CN¥11.13 Billion	+96.58%
Other Changes	CN¥-11.19 Billion	-97.09%
Total Change	CN¥-	1.16%

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: 0.67x
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 14.97x to 0.67x 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¥0.35	CN¥5.17	x
1998-12-31	CN¥0.42	CN¥5.17	x
1999-12-31	CN¥0.58	CN¥5.17	x
2000-12-31	CN¥0.49	CN¥5.17	x
2001-12-31	CN¥1.19	CN¥5.17	x
2002-12-31	CN¥1.04	CN¥5.17	x
2003-12-31	CN¥1.04	CN¥5.17	x
2004-12-31	CN¥1.05	CN¥5.17	x
2005-12-31	CN¥1.06	CN¥5.17	x
2006-12-31	CN¥0.71	CN¥5.17	x
2007-12-31	CN¥0.94	CN¥5.17	x
2008-12-31	CN¥0.95	CN¥5.17	x
2009-12-31	CN¥0.77	CN¥5.17	x
2010-12-31	CN¥0.38	CN¥5.17	x
2011-12-31	CN¥3.19	CN¥5.17	x
2012-12-31	CN¥3.53	CN¥5.17	x
2013-12-31	CN¥3.88	CN¥5.17	x
2014-12-31	CN¥5.51	CN¥5.17	x
2015-12-31	CN¥5.84	CN¥5.17	x
2016-12-31	CN¥7.25	CN¥5.17	x
2017-12-31	CN¥7.26	CN¥5.17	x
2018-12-31	CN¥5.44	CN¥5.17	x
2019-12-31	CN¥6.95	CN¥5.17	x
2020-12-31	CN¥7.23	CN¥5.17	x
2021-12-31	CN¥7.26	CN¥5.17	x
2022-12-31	CN¥7.51	CN¥5.17	x
2023-12-31	CN¥7.30	CN¥5.17	x
2024-12-31	CN¥7.62	CN¥5.17	x
2025-12-31	CN¥7.71	CN¥5.17	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): 3.65%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.19%
• Asset Turnover: 0.97x
• Equity Multiplier: 3.16x
Recent ROE (3.65%) is below the historical average (9.17%), 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
2025	3.65%	1.19%	0.97x	3.16x	CN¥-731.50 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: $2,516,592,035
Average return on equity (ROE) among peers: -4.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sinomach Automobile Co Ltd (600335)	CN¥11.71 Billion	17.05%	2.31x	$1.13 Billion
Fujian Zhangzhou Development Co Ltd (000753)	$2.43 Billion	4.27%	1.27x	$697.86 Million
CATARC Automotive Proving Ground Co.Ltd. (301215)	$2.73 Billion	5.22%	0.14x	$1.04 Billion
Liaoning Shenhua Holdings Co Ltd (600653)	$2.40 Billion	-23.81%	3.15x	$447.16 Million

About Sinomach Automobile Co Ltd

SHG:600335 China Auto & Truck Dealerships

Market Cap

$1.13 Billion

CN¥7.73 Billion CNY

Market Cap Rank

#8530 Global

#2109 in China

Share Price

CN¥5.17

Change (1 day)

-0.96%

52-Week Range

CN¥5.17 - CN¥7.05

All Time High

CN¥13.58