Sichuan Golden Summit Group Joint Stock Co Ltd
Sichuan Golden Summit (group) Joint-Stock Co., Ltd. engages in mining, processing, and sale of non-metallic products in China. It operates through four segments: building materials, supply chain, new energy and digital logistics, and Luoyang segments. The company offers limestone and calcium. It is also involved in production and sales of building materials such as commercial concrete, stabilized… Read more
Sichuan Golden Summit Group Joint Stock Co Ltd (600678) - Net Assets
Latest net assets as of September 2025: CN¥332.79 Million CNY
Based on the latest financial reports, Sichuan Golden Summit Group Joint Stock Co Ltd (600678) has net assets worth CN¥332.79 Million 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¥1.50 Billion) and total liabilities (CN¥1.17 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¥332.79 Million |
| % of Total Assets | 22.16% |
| Annual Growth Rate | -1.79% |
| 5-Year Change | 39.55% |
| 10-Year Change | 660.19% |
| Growth Volatility | 167.23 |
Sichuan Golden Summit Group Joint Stock Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Sichuan Golden Summit Group Joint Stock 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 Sichuan Golden Summit Group Joint Stock Co Ltd (1993–2024)
The table below shows the annual net assets of Sichuan Golden Summit Group Joint Stock Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥227.80 Million | -1.21% |
| 2023-12-31 | CN¥230.59 Million | -15.60% |
| 2022-12-31 | CN¥273.22 Million | +12.11% |
| 2021-12-31 | CN¥243.70 Million | +49.29% |
| 2020-12-31 | CN¥163.24 Million | +33.15% |
| 2019-12-31 | CN¥122.59 Million | +76.50% |
| 2018-12-31 | CN¥69.46 Million | +138.48% |
| 2017-12-31 | CN¥29.13 Million | +665.28% |
| 2016-12-31 | CN¥3.81 Million | -87.30% |
| 2015-12-31 | CN¥29.97 Million | +8.33% |
| 2014-12-31 | CN¥27.66 Million | -53.85% |
| 2013-12-31 | CN¥59.95 Million | +12.50% |
| 2012-12-31 | CN¥53.28 Million | +110.20% |
| 2011-12-31 | CN¥-522.14 Million | -5.80% |
| 2010-12-31 | CN¥-493.54 Million | -528.38% |
| 2009-12-31 | CN¥115.21 Million | -83.04% |
| 2008-12-31 | CN¥679.47 Million | +29.31% |
| 2007-12-31 | CN¥525.47 Million | +42.26% |
| 2006-12-31 | CN¥369.39 Million | +6.63% |
| 2005-12-31 | CN¥346.41 Million | +3.49% |
| 2004-12-31 | CN¥334.74 Million | +16.35% |
| 2003-12-31 | CN¥287.69 Million | +5.57% |
| 2002-12-31 | CN¥272.50 Million | -4.78% |
| 2001-12-31 | CN¥286.19 Million | -36.09% |
| 2000-12-31 | CN¥447.78 Million | +7.00% |
| 1999-12-31 | CN¥418.50 Million | -34.48% |
| 1998-12-31 | CN¥638.78 Million | -2.24% |
| 1997-12-31 | CN¥653.43 Million | -0.89% |
| 1996-12-31 | CN¥659.30 Million | +4.29% |
| 1995-12-31 | CN¥632.16 Million | -- |
| 1994-12-31 | CN¥0.00 | -- |
| 1993-12-31 | CN¥398.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Golden Summit Group Joint Stock 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 434.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥348.99 Million | 157.30% |
| Other Comprehensive Income | CN¥397.78 Million | 179.30% |
| Other Components | CN¥1.93 Million | 0.87% |
| Total Equity | CN¥221.86 Million | 100.00% |
Sichuan Golden Summit Group Joint Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Golden Summit Group Joint Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NORTHRIM BA. DL-01
F:NRI
|
$432.03 Million |
|
Sunflower Pharmaceuticals Group Co Ltd
SHE:002737
|
$432.08 Million |
|
Gr. Sarantis S.A
PINK:SRTSF
|
$432.15 Million |
|
Surya Esa Perkasa Tbk
JK:ESSA
|
$432.22 Million |
|
Neurones
PA:NRO
|
$431.86 Million |
|
China Education Group Holdings Limited
PINK:CEGHF
|
$431.82 Million |
|
D I Corp
KO:003160
|
$431.82 Million |
|
Minda Corporation Limited
NSE:MINDACORP
|
$431.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Golden Summit Group Joint Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 223,814,542 to 221,858,793, a change of -1,955,749 (-0.9%).
- Net loss of 19,188,211 reduced equity.
- Dividend payments of 19,706,450 reduced retained earnings.
- Other comprehensive income increased equity by 397,765,054.
- Other factors decreased equity by 360,826,142.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-19.19 Million | -8.65% |
| Dividends Paid | CN¥19.71 Million | -8.88% |
| Other Comprehensive Income | CN¥397.77 Million | +179.29% |
| Other Changes | CN¥-360.83 Million | -162.64% |
| Total Change | CN¥- | -0.87% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Golden Summit Group Joint Stock 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: 18.05x
- 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 increased from 10.77x to 18.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥1.07 | CN¥11.48 | x |
| 1994-12-31 | CN¥1.79 | CN¥11.48 | x |
| 1995-12-31 | CN¥1.70 | CN¥11.48 | x |
| 1996-12-31 | CN¥1.78 | CN¥11.48 | x |
| 1997-12-31 | CN¥1.85 | CN¥11.48 | x |
| 1998-12-31 | CN¥1.80 | CN¥11.48 | x |
| 1999-12-31 | CN¥1.18 | CN¥11.48 | x |
| 2000-12-31 | CN¥1.22 | CN¥11.48 | x |
| 2001-12-31 | CN¥0.72 | CN¥11.48 | x |
| 2002-12-31 | CN¥0.77 | CN¥11.48 | x |
| 2003-12-31 | CN¥0.81 | CN¥11.48 | x |
| 2004-12-31 | CN¥0.94 | CN¥11.48 | x |
| 2005-12-31 | CN¥0.98 | CN¥11.48 | x |
| 2006-12-31 | CN¥1.06 | CN¥11.48 | x |
| 2007-12-31 | CN¥1.19 | CN¥11.48 | x |
| 2008-12-31 | CN¥1.25 | CN¥11.48 | x |
| 2009-12-31 | CN¥-0.43 | CN¥11.48 | x |
| 2010-12-31 | CN¥-2.12 | CN¥11.48 | x |
| 2011-12-31 | CN¥-2.05 | CN¥11.48 | x |
| 2012-12-31 | CN¥0.15 | CN¥11.48 | x |
| 2013-12-31 | CN¥0.17 | CN¥11.48 | x |
| 2014-12-31 | CN¥0.07 | CN¥11.48 | x |
| 2015-12-31 | CN¥0.08 | CN¥11.48 | x |
| 2016-12-31 | CN¥0.01 | CN¥11.48 | x |
| 2017-12-31 | CN¥0.08 | CN¥11.48 | x |
| 2018-12-31 | CN¥0.20 | CN¥11.48 | x |
| 2019-12-31 | CN¥0.35 | CN¥11.48 | x |
| 2020-12-31 | CN¥0.46 | CN¥11.48 | x |
| 2021-12-31 | CN¥0.69 | CN¥11.48 | x |
| 2022-12-31 | CN¥0.76 | CN¥11.48 | x |
| 2023-12-31 | CN¥0.65 | CN¥11.48 | x |
| 2024-12-31 | CN¥0.64 | CN¥11.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Golden Summit Group Joint Stock 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): -8.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.38%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 5.01x
- Recent ROE (-8.65%) is below the historical average (-1.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 41.59% | 45.15% | 0.60x | 1.55x | CN¥118.58 Million |
| 1994 | 22.65% | 43.54% | 0.39x | 1.33x | CN¥79.73 Million |
| 1995 | 4.57% | 12.09% | 0.26x | 1.43x | CN¥-32.58 Million |
| 1996 | 7.83% | 18.41% | 0.28x | 1.50x | CN¥-13.56 Million |
| 1997 | 3.77% | 12.04% | 0.24x | 1.31x | CN¥-40.49 Million |
| 1998 | 2.09% | 6.46% | 0.23x | 1.39x | CN¥-50.25 Million |
| 1999 | 2.16% | 3.85% | 0.34x | 1.63x | CN¥-32.56 Million |
| 2000 | 4.05% | 8.18% | 0.29x | 1.72x | CN¥-25.51 Million |
| 2001 | -31.65% | -18.62% | 0.46x | 3.73x | CN¥-105.06 Million |
| 2002 | 8.32% | 4.95% | 0.52x | 3.20x | CN¥-4.54 Million |
| 2003 | 6.73% | 5.77% | 0.36x | 3.21x | CN¥-9.31 Million |
| 2004 | 4.18% | 4.00% | 0.38x | 2.77x | CN¥-19.32 Million |
| 2005 | 3.91% | 3.47% | 0.41x | 2.72x | CN¥-21.04 Million |
| 2006 | 6.32% | 5.57% | 0.44x | 2.57x | CN¥-13.57 Million |
| 2007 | 6.18% | 6.19% | 0.33x | 3.07x | CN¥-15.92 Million |
| 2008 | 5.20% | 4.15% | 0.26x | 4.86x | CN¥-20.92 Million |
| 2009 | 0.00% | -88.45% | 0.38x | 0.00x | CN¥-569.79 Million |
| 2010 | 0.00% | -125.67% | 0.34x | 0.00x | CN¥-513.48 Million |
| 2011 | 0.00% | 11.76% | 0.32x | 0.00x | CN¥106.32 Million |
| 2012 | 852.00% | 3740.82% | 0.06x | 3.61x | CN¥448.65 Million |
| 2013 | 8.01% | 14.77% | 0.10x | 5.37x | CN¥-1.20 Million |
| 2014 | -156.99% | -68.24% | 0.15x | 15.29x | CN¥-39.37 Million |
| 2015 | 14.89% | 7.96% | 0.14x | 13.33x | CN¥1.38 Million |
| 2016 | -1063.48% | -31.78% | 0.26x | 129.78x | CN¥-28.51 Million |
| 2017 | 103.05% | 15.65% | 0.42x | 15.55x | CN¥26.13 Million |
| 2018 | 46.15% | 7.47% | 0.89x | 6.94x | CN¥24.82 Million |
| 2019 | 32.38% | 13.32% | 0.61x | 3.99x | CN¥27.16 Million |
| 2020 | 23.62% | 14.73% | 0.53x | 3.05x | CN¥22.05 Million |
| 2021 | 28.01% | 18.17% | 0.66x | 2.35x | CN¥43.59 Million |
| 2022 | 4.88% | 3.62% | 0.56x | 2.41x | CN¥-13.58 Million |
| 2023 | -18.42% | -12.58% | 0.35x | 4.19x | CN¥-63.62 Million |
| 2024 | -8.65% | -5.38% | 0.32x | 5.01x | CN¥-41.37 Million |
Industry Comparison
This section compares Sichuan Golden Summit Group Joint Stock Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,433,825,727
- Average return on equity (ROE) among peers: 46.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Golden Summit Group Joint Stock Co Ltd (600678) | CN¥332.79 Million | 41.59% | 3.51x | $431.97 Million |
| CSG Holding Co Ltd (000012) | $1.98 Billion | 5.22% | 0.62x | $1.58 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $30.60 Billion | -4.84% | 0.96x | $788.07 Million |
| Gansu Shangfeng Cement Co Ltd (000672) | $26.27 Million | 402.35% | 2.67x | $782.48 Million |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.61 Billion | 19.37% | 1.69x | $284.38 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $5.40 Billion | 20.92% | 1.84x | $799.89 Million |
| Sinostone Guangdong Co Ltd (001212) | $1.42 Billion | 6.07% | 0.18x | $798.00 Million |
| Ruitai Materials Technology Co Ltd (002066) | $882.60 Million | 6.49% | 1.50x | $387.51 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $830.46 Million |
| China West Construction Group Co Ltd (002302) | $6.71 Billion | 1.58% | 1.72x | $381.07 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $895.70 Million | 0.58% | 0.68x | $309.88 Million |