Sinomach Automobile Co Ltd (600335) - Net Assets

Latest as of September 2025: CN¥11.53 Billion CNY ≈ $1.69 Billion USD

Based on the latest financial reports, Sinomach Automobile Co Ltd (600335) has net assets worth CN¥11.53 Billion CNY (≈ $1.69 Billion 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¥37.03 Billion ≈ $5.42 Billion USD) and total liabilities (CN¥25.50 Billion ≈ $3.73 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 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 600335 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Sinomach Automobile Co Ltd.

Year Net Assets Change
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 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
MBX Biosciences, Inc. Common Stock
NASDAQ:MBX
 $1.33 Billion
Tinavi Medical Technologies Co Ltd
SHG:688277
 $1.33 Billion
Ecovyst Inc
NYSE:ECVT
 $1.33 Billion
Centuria Industrial REIT
AU:CIP
 $1.33 Billion
Henan Zhongyuan Expressway Co Ltd
SHG:600020
 $1.33 Billion
World Kinect Corporation
NYSE:WKC
 $1.33 Billion
He Bei Cheng De LoLo Co Ltd
SHE:000848
 $1.33 Billion
InterRent Real Estate Investment Trust
TO:IIP-UN
 $1.33 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 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: 0.80x
  • 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 17.58x to 0.80x 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¥0.35 CN¥6.07 x
1998-12-31 CN¥0.42 CN¥6.07 x
1999-12-31 CN¥0.58 CN¥6.07 x
2000-12-31 CN¥0.49 CN¥6.07 x
2001-12-31 CN¥1.19 CN¥6.07 x
2002-12-31 CN¥1.04 CN¥6.07 x
2003-12-31 CN¥1.04 CN¥6.07 x
2004-12-31 CN¥1.05 CN¥6.07 x
2005-12-31 CN¥1.06 CN¥6.07 x
2006-12-31 CN¥0.71 CN¥6.07 x
2007-12-31 CN¥0.94 CN¥6.07 x
2008-12-31 CN¥0.95 CN¥6.07 x
2009-12-31 CN¥0.77 CN¥6.07 x
2010-12-31 CN¥0.38 CN¥6.07 x
2011-12-31 CN¥3.19 CN¥6.07 x
2012-12-31 CN¥3.53 CN¥6.07 x
2013-12-31 CN¥3.88 CN¥6.07 x
2014-12-31 CN¥5.51 CN¥6.07 x
2015-12-31 CN¥5.84 CN¥6.07 x
2016-12-31 CN¥7.25 CN¥6.07 x
2017-12-31 CN¥7.26 CN¥6.07 x
2018-12-31 CN¥5.44 CN¥6.07 x
2019-12-31 CN¥6.95 CN¥6.07 x
2020-12-31 CN¥7.23 CN¥6.07 x
2021-12-31 CN¥7.26 CN¥6.07 x
2022-12-31 CN¥7.51 CN¥6.07 x
2023-12-31 CN¥7.30 CN¥6.07 x
2024-12-31 CN¥7.62 CN¥6.07 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: $1,138,540,025
  • Average return on equity (ROE) among peers: -2.78%

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 $1.33 Billion
Fujian Zhangzhou Development Co Ltd (000753) $1.04 Billion 5.38% 0.39x $967.72 Million
CATARC Automotive Proving Ground Co.Ltd. (301215) $1.43 Billion 7.22% 0.40x $1.21 Billion
Liaoning Shenhua Holdings Co Ltd (600653) $949.42 Million -20.94% 2.49x $524.06 Million

About Sinomach Automobile Co Ltd

SHG:600335 China Auto & Truck Dealerships
Market Cap
$1.33 Billion
CN¥9.08 Billion CNY
Market Cap Rank
#7891 Global
#1966 in China
Share Price
CN¥6.07
Change (1 day)
+1.17%
52-Week Range
CN¥5.63 - CN¥7.05
All Time High
CN¥13.58
Categories
Companies in China Auto & Truck Dealerships
About

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