Shuangliang Eco-Energy Systems Co Ltd

SHG:600481 China Specialty Industrial Machinery
Market Cap
$2.10 Billion
CN¥15.38 Billion CNY
Market Cap Rank
#6904 Global
#1116 in China
Share Price
CN¥7.45
Change (1 day)
-1.06%
52-Week Range
CN¥4.21 - CN¥11.20
All Time High
CN¥19.23
Categories
Companies in China Specialty Industrial Machinery
About

Shuangliang Eco-Energy Systems Co.,Ltd provides energy and water saving, and new energy equipment in China. The company offers lithium bromide absorption central air conditioning systems, gas turbine inlet cooling system, distributed energy systems, industrial waste heat utilization system, and multi-energy complementary clean heating systems; air-cooled condensing system, water-saving and anti-f… Read more

Shuangliang Eco-Energy Systems Co Ltd (600481) - Net Assets

Latest net assets as of September 2025: CN¥4.61 Billion CNY

Based on the latest financial reports, Shuangliang Eco-Energy Systems Co Ltd (600481) has net assets worth CN¥4.61 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¥25.50 Billion) and total liabilities (CN¥20.88 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¥4.61 Billion
% of Total Assets 18.09%
Annual Growth Rate 13.52%
5-Year Change 115.94%
10-Year Change 111.41%
Growth Volatility 62.08

Shuangliang Eco-Energy Systems Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Shuangliang Eco-Energy Systems 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 Shuangliang Eco-Energy Systems Co Ltd (2000–2024)

The table below shows the annual net assets of Shuangliang Eco-Energy Systems Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.78 Billion -32.59%
2023-12-31 CN¥7.09 Billion +2.50%
2022-12-31 CN¥6.91 Billion +181.27%
2021-12-31 CN¥2.46 Billion +11.12%
2020-12-31 CN¥2.21 Billion -3.74%
2019-12-31 CN¥2.30 Billion +1.00%
2018-12-31 CN¥2.28 Billion +9.09%
2017-12-31 CN¥2.09 Billion -4.52%
2016-12-31 CN¥2.18 Billion -3.32%
2015-12-31 CN¥2.26 Billion -6.54%
2014-12-31 CN¥2.42 Billion -8.47%
2013-12-31 CN¥2.64 Billion +15.28%
2012-12-31 CN¥2.29 Billion +2.92%
2011-12-31 CN¥2.23 Billion -8.85%
2010-12-31 CN¥2.44 Billion +8.40%
2009-12-31 CN¥2.25 Billion +12.91%
2008-12-31 CN¥2.00 Billion +74.01%
2007-12-31 CN¥1.15 Billion +8.55%
2006-12-31 CN¥1.06 Billion +8.29%
2005-12-31 CN¥975.92 Million +5.48%
2004-12-31 CN¥925.25 Million +0.18%
2003-12-31 CN¥923.55 Million +253.08%
2002-12-31 CN¥261.57 Million +4.75%
2001-12-31 CN¥249.70 Million +9.66%
2000-12-31 CN¥227.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shuangliang Eco-Energy Systems 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 56378886800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.87 Billion 39.26%
Other Components CN¥3.46 Billion 72.56%
Total Equity CN¥4.77 Billion 100.00%

Shuangliang Eco-Energy Systems Co Ltd Competitors by Market Cap

The table below lists competitors of Shuangliang Eco-Energy Systems Co Ltd ranked by their market capitalization.

Company Market Cap
Ichor Holdings Ltd
NASDAQ:ICHR
 		$1.11 Billion
Xinjiang Tianfu Energy Co Ltd
SHG:600509
 		$1.11 Billion
Herman Miller Inc
F:MHR
 		$1.11 Billion
Nurix Therapeutics Inc
NASDAQ:NRIX
 		$1.11 Billion
Parade Technologies Ltd
TWO:4966
 		$1.11 Billion
Takara Holdings Inc.
PINK:TKHIF
 		$1.10 Billion
Technogym S.p.A
PINK:TCCHF
 		$1.10 Billion
Hunan Kaimeite Gases Co Ltd
SHE:002549
 		$1.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shuangliang Eco-Energy Systems Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,075,497,954 to 4,773,125,048, a change of -2,302,372,906 (-32.5%).
  • Net loss of 2,133,685,640 reduced equity.
  • Dividend payments of 443,921,670 reduced retained earnings.
  • Other factors increased equity by 275,234,404.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-2.13 Billion -44.7%
Dividends Paid CN¥443.92 Million -9.3%
Other Changes CN¥275.23 Million +5.77%
Total Change CN¥- -32.54%

Book Value vs Market Value Analysis

This analysis compares Shuangliang Eco-Energy Systems 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: 3.39x
  • 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 48.04x to 3.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.16 CN¥7.45 x
2001-12-31 CN¥0.17 CN¥7.45 x
2002-12-31 CN¥0.18 CN¥7.45 x
2003-12-31 CN¥0.63 CN¥7.45 x
2004-12-31 CN¥0.63 CN¥7.45 x
2005-12-31 CN¥0.60 CN¥7.45 x
2006-12-31 CN¥0.64 CN¥7.45 x
2007-12-31 CN¥0.68 CN¥7.45 x
2008-12-31 CN¥1.18 CN¥7.45 x
2009-12-31 CN¥1.30 CN¥7.45 x
2010-12-31 CN¥1.42 CN¥7.45 x
2011-12-31 CN¥1.29 CN¥7.45 x
2012-12-31 CN¥1.34 CN¥7.45 x
2013-12-31 CN¥1.54 CN¥7.45 x
2014-12-31 CN¥1.38 CN¥7.45 x
2015-12-31 CN¥1.31 CN¥7.45 x
2016-12-31 CN¥1.31 CN¥7.45 x
2017-12-31 CN¥1.27 CN¥7.45 x
2018-12-31 CN¥1.38 CN¥7.45 x
2019-12-31 CN¥1.40 CN¥7.45 x
2020-12-31 CN¥1.35 CN¥7.45 x
2021-12-31 CN¥1.49 CN¥7.45 x
2022-12-31 CN¥4.12 CN¥7.45 x
2023-12-31 CN¥3.72 CN¥7.45 x
2024-12-31 CN¥2.20 CN¥7.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shuangliang Eco-Energy Systems 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): -44.70%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -16.37%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 5.81x
  • Recent ROE (-44.70%) is below the historical average (11.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 28.83% 17.31% 0.92x 1.81x CN¥42.87 Million
2001 28.83% 17.75% 0.89x 1.83x CN¥47.02 Million
2002 31.30% 17.48% 0.82x 2.19x CN¥55.71 Million
2003 11.62% 17.39% 0.51x 1.30x CN¥14.96 Million
2004 10.12% 15.05% 0.48x 1.40x CN¥1.08 Million
2005 3.84% 6.65% 0.27x 2.13x CN¥-54.06 Million
2006 10.06% 6.62% 0.63x 2.40x CN¥539.96K
2007 12.73% 4.26% 1.00x 2.99x CN¥27.25 Million
2008 5.53% 2.69% 1.06x 1.93x CN¥-85.07 Million
2009 16.88% 9.57% 0.97x 1.82x CN¥144.78 Million
2010 10.04% 5.52% 0.81x 2.26x CN¥954.45K
2011 7.44% 3.02% 0.96x 2.55x CN¥-53.43 Million
2012 9.93% 3.71% 0.85x 3.14x CN¥-1.48 Million
2013 20.87% 7.94% 0.90x 2.93x CN¥271.15 Million
2014 14.27% 4.54% 0.91x 3.47x CN¥95.43 Million
2015 16.46% 11.18% 0.70x 2.11x CN¥136.75 Million
2016 7.63% 8.01% 0.45x 2.10x CN¥-50.21 Million
2017 4.65% 5.58% 0.45x 1.87x CN¥-110.53 Million
2018 11.20% 10.05% 0.64x 1.73x CN¥26.95 Million
2019 9.07% 8.18% 0.66x 1.69x CN¥-21.15 Million
2020 6.25% 6.63% 0.50x 1.87x CN¥-82.42 Million
2021 12.89% 8.10% 0.43x 3.74x CN¥69.53 Million
2022 14.00% 6.60% 0.66x 3.21x CN¥273.13 Million
2023 21.22% 6.49% 0.77x 4.25x CN¥794.01 Million
2024 -44.70% -16.37% 0.47x 5.81x CN¥-2.61 Billion

Industry Comparison

This section compares Shuangliang Eco-Energy Systems Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shuangliang Eco-Energy Systems Co Ltd (600481) CN¥4.61 Billion 28.83% 4.53x $1.11 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million