Shuangliang Eco-Energy Systems Co Ltd (600481) - Net Assets
Based on the latest financial reports, Shuangliang Eco-Energy Systems Co Ltd (600481) has net assets worth CN¥4.61 Billion CNY (≈ $675.06 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¥25.50 Billion ≈ $3.73 Billion USD) and total liabilities (CN¥20.88 Billion ≈ $3.06 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 Shuangliang Eco-Energy Systems Co Ltd (600481) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. See how many days can Shuangliang Eco-Energy Systems Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see 600481 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.78 Billion ≈ $699.08 Million |
-32.59% |
| 2023-12-31 | CN¥7.09 Billion ≈ $1.04 Billion |
+2.50% |
| 2022-12-31 | CN¥6.91 Billion ≈ $1.01 Billion |
+181.27% |
| 2021-12-31 | CN¥2.46 Billion ≈ $359.73 Million |
+11.12% |
| 2020-12-31 | CN¥2.21 Billion ≈ $323.74 Million |
-3.74% |
| 2019-12-31 | CN¥2.30 Billion ≈ $336.31 Million |
+1.00% |
| 2018-12-31 | CN¥2.28 Billion ≈ $332.97 Million |
+9.09% |
| 2017-12-31 | CN¥2.09 Billion ≈ $305.23 Million |
-4.52% |
| 2016-12-31 | CN¥2.18 Billion ≈ $319.68 Million |
-3.32% |
| 2015-12-31 | CN¥2.26 Billion ≈ $330.68 Million |
-6.54% |
| 2014-12-31 | CN¥2.42 Billion ≈ $353.82 Million |
-8.47% |
| 2013-12-31 | CN¥2.64 Billion ≈ $386.58 Million |
+15.28% |
| 2012-12-31 | CN¥2.29 Billion ≈ $335.35 Million |
+2.92% |
| 2011-12-31 | CN¥2.23 Billion ≈ $325.85 Million |
-8.85% |
| 2010-12-31 | CN¥2.44 Billion ≈ $357.50 Million |
+8.40% |
| 2009-12-31 | CN¥2.25 Billion ≈ $329.81 Million |
+12.91% |
| 2008-12-31 | CN¥2.00 Billion ≈ $292.11 Million |
+74.01% |
| 2007-12-31 | CN¥1.15 Billion ≈ $167.87 Million |
+8.55% |
| 2006-12-31 | CN¥1.06 Billion ≈ $154.65 Million |
+8.29% |
| 2005-12-31 | CN¥975.92 Million ≈ $142.81 Million |
+5.48% |
| 2004-12-31 | CN¥925.25 Million ≈ $135.39 Million |
+0.18% |
| 2003-12-31 | CN¥923.55 Million ≈ $135.14 Million |
+253.08% |
| 2002-12-31 | CN¥261.57 Million ≈ $38.28 Million |
+4.75% |
| 2001-12-31 | CN¥249.70 Million ≈ $36.54 Million |
+9.66% |
| 2000-12-31 | CN¥227.71 Million ≈ $33.32 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 |
|---|---|
|
UroGen Pharma Ltd
NASDAQ:URGN
|
$1.43 Billion |
|
Keystone Microtech Corp
TWO:6683
|
$1.43 Billion |
|
Redfin Corp
NASDAQ:RDFN
|
$1.43 Billion |
|
Exail Technologies S.A.
PA:EXA
|
$1.43 Billion |
|
Trident Limited
NSE:TRIDENT
|
$1.43 Billion |
|
Critical Metals Corp. Ordinary Shares
NASDAQ:CRML
|
$1.43 Billion |
|
ADIENT PLC DL-001
F:18I
|
$1.43 Billion |
|
Honasa Consumer Limited
NSE:HONASA
|
$1.43 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: 2.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 30.56x to 2.16x 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¥4.74 | x |
| 2001-12-31 | CN¥0.17 | CN¥4.74 | x |
| 2002-12-31 | CN¥0.18 | CN¥4.74 | x |
| 2003-12-31 | CN¥0.63 | CN¥4.74 | x |
| 2004-12-31 | CN¥0.63 | CN¥4.74 | x |
| 2005-12-31 | CN¥0.60 | CN¥4.74 | x |
| 2006-12-31 | CN¥0.64 | CN¥4.74 | x |
| 2007-12-31 | CN¥0.68 | CN¥4.74 | x |
| 2008-12-31 | CN¥1.18 | CN¥4.74 | x |
| 2009-12-31 | CN¥1.30 | CN¥4.74 | x |
| 2010-12-31 | CN¥1.42 | CN¥4.74 | x |
| 2011-12-31 | CN¥1.29 | CN¥4.74 | x |
| 2012-12-31 | CN¥1.34 | CN¥4.74 | x |
| 2013-12-31 | CN¥1.54 | CN¥4.74 | x |
| 2014-12-31 | CN¥1.38 | CN¥4.74 | x |
| 2015-12-31 | CN¥1.31 | CN¥4.74 | x |
| 2016-12-31 | CN¥1.31 | CN¥4.74 | x |
| 2017-12-31 | CN¥1.27 | CN¥4.74 | x |
| 2018-12-31 | CN¥1.38 | CN¥4.74 | x |
| 2019-12-31 | CN¥1.40 | CN¥4.74 | x |
| 2020-12-31 | CN¥1.35 | CN¥4.74 | x |
| 2021-12-31 | CN¥1.49 | CN¥4.74 | x |
| 2022-12-31 | CN¥4.12 | CN¥4.74 | x |
| 2023-12-31 | CN¥3.72 | CN¥4.74 | x |
| 2024-12-31 | CN¥2.20 | CN¥4.74 | 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
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 | $1.43 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Shuangliang Eco-Energy Systems Co Ltd
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