Sinomach General Machinery Science Technology Co Ltd (600444) - Net Assets
Based on the latest financial reports, Sinomach General Machinery Science Technology Co Ltd (600444) has net assets worth CN¥728.32 Million CNY (≈ $106.58 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¥1.49 Billion ≈ $217.89 Million USD) and total liabilities (CN¥760.72 Million ≈ $111.32 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. Read how much debt does Sinomach General Machinery Science Techn carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥728.32 Million |
| % of Total Assets | 48.91% |
| Annual Growth Rate | 12.14% |
| 5-Year Change | 15.88% |
| 10-Year Change | 138.94% |
| Growth Volatility | 58.04 |
Sinomach General Machinery Science Technology Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Sinomach General Machinery Science Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600444 asset base for the complete picture of this company's asset base.
Annual Net Assets for Sinomach General Machinery Science Technology Co Ltd (2001–2024)
The table below shows the annual net assets of Sinomach General Machinery Science Technology Co Ltd from 2001 to 2024. For live valuation and market cap data, see Sinomach General Machinery Science Techn (600444) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥708.51 Million ≈ $103.68 Million |
+3.87% |
| 2023-12-31 | CN¥682.10 Million ≈ $99.81 Million |
+3.32% |
| 2022-12-31 | CN¥660.19 Million ≈ $96.61 Million |
+3.52% |
| 2021-12-31 | CN¥637.75 Million ≈ $93.32 Million |
+4.31% |
| 2020-12-31 | CN¥611.40 Million ≈ $89.47 Million |
+4.10% |
| 2019-12-31 | CN¥587.30 Million ≈ $85.94 Million |
+5.30% |
| 2018-12-31 | CN¥557.76 Million ≈ $81.62 Million |
+9.36% |
| 2017-12-31 | CN¥510.01 Million ≈ $74.63 Million |
+65.60% |
| 2016-12-31 | CN¥307.98 Million ≈ $45.07 Million |
+3.86% |
| 2015-12-31 | CN¥296.53 Million ≈ $43.39 Million |
+691.59% |
| 2014-12-31 | CN¥-50.12 Million ≈ $-7.33 Million |
-176.80% |
| 2013-12-31 | CN¥-18.11 Million ≈ $-2.65 Million |
+65.90% |
| 2012-12-31 | CN¥-53.11 Million ≈ $-7.77 Million |
-2310.13% |
| 2011-12-31 | CN¥-2.20 Million ≈ $-322.46K |
-102.77% |
| 2010-12-31 | CN¥79.64 Million ≈ $11.65 Million |
+2.73% |
| 2009-12-31 | CN¥77.52 Million ≈ $11.34 Million |
-56.81% |
| 2008-12-31 | CN¥179.47 Million ≈ $26.26 Million |
-45.10% |
| 2007-12-31 | CN¥326.92 Million ≈ $47.84 Million |
+3.09% |
| 2006-12-31 | CN¥317.13 Million ≈ $46.41 Million |
+7.03% |
| 2005-12-31 | CN¥296.31 Million ≈ $43.36 Million |
+7.49% |
| 2004-12-31 | CN¥275.65 Million ≈ $40.34 Million |
+208.08% |
| 2003-12-31 | CN¥89.47 Million ≈ $13.09 Million |
+27.40% |
| 2002-12-31 | CN¥70.23 Million ≈ $10.28 Million |
+38.28% |
| 2001-12-31 | CN¥50.79 Million ≈ $7.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sinomach General Machinery Science Technology 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 1934.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥186.46 Million | 26.32% |
| Common Stock | CN¥146.42 Million | 20.67% |
| Other Comprehensive Income | CN¥81.86 Million | 11.55% |
| Other Components | CN¥293.77 Million | 41.46% |
| Total Equity | CN¥708.51 Million | 100.00% |
Sinomach General Machinery Science Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sinomach General Machinery Science Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tonnellerie Francois Freres SA
PA:TFF
|
$366.39 Million |
|
Synopex Inc
KQ:025320
|
$366.40 Million |
|
Pioneer Bancorp Inc
NASDAQ:PBFS
|
$366.43 Million |
|
Beijing InterAct Technology Co Ltd
SHE:300419
|
$366.47 Million |
|
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
SHE:301063
|
$366.36 Million |
|
Berjaya Corporation Bhd
KLSE:3395
|
$366.06 Million |
|
Hong Tai Electric Industrial Co Ltd
TW:1612
|
$365.97 Million |
|
Lycopodium Ltd
AU:LYL
|
$365.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinomach General Machinery Science Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 682,097,921 to 708,512,911, a change of 26,414,990 (3.9%).
- Net income of 40,159,271 contributed positively to equity growth.
- Dividend payments of 14,642,193 reduced retained earnings.
- Other comprehensive income increased equity by 2,154,252.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.16 Million | +5.67% |
| Dividends Paid | CN¥14.64 Million | -2.07% |
| Other Comprehensive Income | CN¥2.15 Million | +0.3% |
| Other Changes | CN¥-1.26 Million | -0.18% |
| Total Change | CN¥- | 3.87% |
Book Value vs Market Value Analysis
This analysis compares Sinomach General Machinery Science Technology 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: 3.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 36.04x to 3.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.47 | CN¥17.10 | x |
| 2002-12-31 | CN¥0.66 | CN¥17.10 | x |
| 2003-12-31 | CN¥0.84 | CN¥17.10 | x |
| 2004-12-31 | CN¥2.37 | CN¥17.10 | x |
| 2005-12-31 | CN¥2.56 | CN¥17.10 | x |
| 2006-12-31 | CN¥2.65 | CN¥17.10 | x |
| 2007-12-31 | CN¥2.63 | CN¥17.10 | x |
| 2008-12-31 | CN¥1.53 | CN¥17.10 | x |
| 2009-12-31 | CN¥0.72 | CN¥17.10 | x |
| 2010-12-31 | CN¥0.77 | CN¥17.10 | x |
| 2011-12-31 | CN¥0.06 | CN¥17.10 | x |
| 2012-12-31 | CN¥-0.33 | CN¥17.10 | x |
| 2013-12-31 | CN¥0.04 | CN¥17.10 | x |
| 2014-12-31 | CN¥-0.16 | CN¥17.10 | x |
| 2015-12-31 | CN¥2.27 | CN¥17.10 | x |
| 2016-12-31 | CN¥2.45 | CN¥17.10 | x |
| 2017-12-31 | CN¥3.48 | CN¥17.10 | x |
| 2018-12-31 | CN¥3.81 | CN¥17.10 | x |
| 2019-12-31 | CN¥4.01 | CN¥17.10 | x |
| 2020-12-31 | CN¥4.18 | CN¥17.10 | x |
| 2021-12-31 | CN¥4.36 | CN¥17.10 | x |
| 2022-12-31 | CN¥4.51 | CN¥17.10 | x |
| 2023-12-31 | CN¥4.60 | CN¥17.10 | x |
| 2024-12-31 | CN¥4.84 | CN¥17.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinomach General Machinery Science Technology 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): 5.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.24%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.90x
- Recent ROE (5.67%) is above the historical average (-44.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 19.82% | 12.56% | 0.69x | 2.28x | CN¥4.99 Million |
| 2002 | 27.68% | 13.29% | 0.77x | 2.69x | CN¥12.42 Million |
| 2003 | 21.50% | 10.09% | 0.73x | 2.92x | CN¥10.29 Million |
| 2004 | 10.98% | 9.51% | 0.38x | 3.06x | CN¥2.48 Million |
| 2005 | 7.33% | 6.65% | 0.37x | 2.95x | CN¥-7.32 Million |
| 2006 | 3.56% | 3.78% | 0.35x | 2.71x | CN¥-18.29 Million |
| 2007 | 1.90% | 2.10% | 0.35x | 2.56x | CN¥-23.29 Million |
| 2008 | -78.46% | -75.69% | 0.28x | 3.74x | CN¥-142.58 Million |
| 2009 | -114.30% | -50.27% | 0.30x | 7.55x | CN¥-93.71 Million |
| 2010 | 6.51% | 1.49% | 0.61x | 7.12x | CN¥-2.81 Million |
| 2011 | -1155.52% | -29.33% | 0.55x | 71.52x | CN¥-74.86 Million |
| 2012 | 0.00% | -13.73% | 0.63x | 0.00x | CN¥-37.73 Million |
| 2013 | 95.24% | 1.10% | 0.84x | 102.71x | CN¥4.16 Million |
| 2014 | 0.00% | -7.57% | 0.82x | 0.00x | CN¥-26.21 Million |
| 2015 | 9.23% | 4.16% | 0.83x | 2.67x | CN¥-2.51 Million |
| 2016 | 4.49% | 2.30% | 0.75x | 2.60x | CN¥-18.87 Million |
| 2017 | 32.80% | 27.34% | 0.74x | 1.62x | CN¥116.26 Million |
| 2018 | 8.46% | 7.92% | 0.71x | 1.50x | CN¥-8.58 Million |
| 2019 | 8.27% | 7.16% | 0.74x | 1.57x | CN¥-10.17 Million |
| 2020 | 7.45% | 6.50% | 0.59x | 1.93x | CN¥-15.58 Million |
| 2021 | 7.63% | 5.78% | 0.68x | 1.94x | CN¥-15.12 Million |
| 2022 | 6.25% | 5.23% | 0.69x | 1.74x | CN¥-24.78 Million |
| 2023 | 5.87% | 5.30% | 0.60x | 1.85x | CN¥-28.16 Million |
| 2024 | 5.67% | 5.24% | 0.57x | 1.90x | CN¥-30.69 Million |
Industry Comparison
This section compares Sinomach General Machinery Science Technology Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,065,124,070
- Average return on equity (ROE) among peers: 8.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinomach General Machinery Science Technology Co Ltd (600444) | CN¥728.32 Million | 19.82% | 1.04x | $366.39 Million |
| China Fangda Group Co Ltd (000055) | $5.20 Billion | 43.24% | 1.05x | $369.01 Million |
| Huasu Holdings Co Ltd (000509) | $371.87 Million | 19.39% | 0.47x | $560.61 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $166.80 Million | 6.28% | 0.15x | $399.61 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $10.46 Billion | 11.19% | 0.37x | $6.61 Billion |
| Yantai Moon Co Ltd (000811) | $1.54 Billion | 16.48% | 0.66x | $3.93 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $253.92 Million | -59.10% | 3.06x | $336.82 Million |
| Shandong Luyang Share Co Ltd (002088) | $1.30 Billion | 9.41% | 0.28x | $755.36 Million |
| Everjoy Health Group Co Ltd (002162) | $498.61 Million | 12.61% | 1.10x | $596.19 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $110.91 Million | 10.68% | 1.26x | $365.22 Million |
| Puyang Refractories Group Co Ltd (002225) | $748.57 Million | 14.13% | 0.63x | $776.92 Million |
About Sinomach General Machinery Science Technology Co Ltd
Sinomach General Machinery Science & Technology Co.,Ltd. engages in the production and sale of plastic pipes, fluid machinery, environmental protection engineering, and system integration. It is also involved in the research, design, and development of general machinery and chemical equipment in China. Sinomach General Machinery Science & Technology Co.,Ltd. was founded in 1993 and is headquarter… Read more