Sichuan Golden Summit Group Joint Stock Co Ltd (600678) - Net Assets

Latest as of March 2026: CN¥309.02 Million CNY ≈ $45.22 Million USD

Based on the latest financial reports, Sichuan Golden Summit Group Joint Stock Co Ltd (600678) has net assets worth CN¥309.02 Million CNY (≈ $45.22 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.52 Billion ≈ $222.77 Million USD) and total liabilities (CN¥1.21 Billion ≈ $177.55 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. Check Sichuan Golden Summit Group Joint Stock tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥309.02 Million
% of Total Assets 20.3%
Annual Growth Rate -0.84%
5-Year Change 24.68%
10-Year Change 7883.53%
Growth Volatility 164.4

Sichuan Golden Summit Group Joint Stock Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Sichuan Golden Summit Group Joint Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. See Sichuan Golden Summit Group Joint Stock defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sichuan Golden Summit Group Joint Stock Co Ltd (1993–2025)

The table below shows the annual net assets of Sichuan Golden Summit Group Joint Stock Co Ltd from 1993 to 2025. For live valuation and market cap data, see 600678 stock market capitalisation.

Year Net Assets Change
2025-12-31 CN¥303.84 Million
≈ $44.46 Million		 +33.38%
2024-12-31 CN¥227.80 Million
≈ $33.33 Million		 -1.21%
2023-12-31 CN¥230.59 Million
≈ $33.74 Million		 -15.60%
2022-12-31 CN¥273.22 Million
≈ $39.98 Million		 +12.11%
2021-12-31 CN¥243.70 Million
≈ $35.66 Million		 +49.29%
2020-12-31 CN¥163.24 Million
≈ $23.89 Million		 +33.15%
2019-12-31 CN¥122.59 Million
≈ $17.94 Million		 +76.50%
2018-12-31 CN¥69.46 Million
≈ $10.16 Million		 +138.48%
2017-12-31 CN¥29.13 Million
≈ $4.26 Million		 +665.28%
2016-12-31 CN¥3.81 Million
≈ $556.91K		 -87.30%
2015-12-31 CN¥29.97 Million
≈ $4.38 Million		 +8.33%
2014-12-31 CN¥27.66 Million
≈ $4.05 Million		 -53.85%
2013-12-31 CN¥59.95 Million
≈ $8.77 Million		 +12.50%
2012-12-31 CN¥53.28 Million
≈ $7.80 Million		 +110.20%
2011-12-31 CN¥-522.14 Million
≈ $-76.41 Million		 -5.80%
2010-12-31 CN¥-493.54 Million
≈ $-72.22 Million		 -528.38%
2009-12-31 CN¥115.21 Million
≈ $16.86 Million		 -83.04%
2008-12-31 CN¥679.47 Million
≈ $99.43 Million		 +29.31%
2007-12-31 CN¥525.47 Million
≈ $76.89 Million		 +42.26%
2006-12-31 CN¥369.39 Million
≈ $54.05 Million		 +6.63%
2005-12-31 CN¥346.41 Million
≈ $50.69 Million		 +3.49%
2004-12-31 CN¥334.74 Million
≈ $48.98 Million		 +16.35%
2003-12-31 CN¥287.69 Million
≈ $42.10 Million		 +5.57%
2002-12-31 CN¥272.50 Million
≈ $39.88 Million		 -4.78%
2001-12-31 CN¥286.19 Million
≈ $41.88 Million		 -36.09%
2000-12-31 CN¥447.78 Million
≈ $65.52 Million		 +7.00%
1999-12-31 CN¥418.50 Million
≈ $61.24 Million		 -34.48%
1998-12-31 CN¥638.78 Million
≈ $93.47 Million		 -2.24%
1997-12-31 CN¥653.43 Million
≈ $95.62 Million		 -0.89%
1996-12-31 CN¥659.30 Million
≈ $96.48 Million		 +4.29%
1995-12-31 CN¥632.16 Million
≈ $92.50 Million		 --
1994-12-31 CN¥0.00
≈ $0.00		 --
1993-12-31 CN¥398.16 Million
≈ $58.26 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 429.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥772.07 Million 305.82%
Total Equity CN¥252.46 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
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS
IS:KORDS
 $338.75 Million
Bpost NV
BR:BPOST
 $338.80 Million
Cuckoo Homesys Co Ltd
KO:284740
 $338.86 Million
Sphera Franchise Group SA MiFID Eligible Security
RO:SFG
 $338.89 Million
Rejlers AB (publ)
ST:REJL-B
 $338.57 Million
Pollard Banknote Limited
TO:PBL
 $338.54 Million
R Systems International Limited
NSE:RSYSTEMS
 $338.48 Million
Diamond Food Indonesia PT
JK:DMND
 $338.43 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 2024 to 2025, total equity changed from 221,858,793 to 252,462,436, a change of 30,603,643 (13.8%).
  • Net income of 7,234,478 contributed positively to equity growth.
  • Dividend payments of 18,109,155 reduced retained earnings.
  • Other comprehensive income decreased equity by 397,782,572.
  • Other factors increased equity by 439,260,893.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥7.23 Million +2.87%
Dividends Paid CN¥18.11 Million -7.17%
Other Comprehensive Income CN¥-397.78 Million -157.56%
Other Changes CN¥439.26 Million +173.99%
Total Change CN¥- 13.79%

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: 9.16x
  • 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 6.22x to 9.16x 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¥6.63 x
1994-12-31 CN¥1.79 CN¥6.63 x
1995-12-31 CN¥1.70 CN¥6.63 x
1996-12-31 CN¥1.78 CN¥6.63 x
1997-12-31 CN¥1.85 CN¥6.63 x
1998-12-31 CN¥1.80 CN¥6.63 x
1999-12-31 CN¥1.18 CN¥6.63 x
2000-12-31 CN¥1.22 CN¥6.63 x
2001-12-31 CN¥0.72 CN¥6.63 x
2002-12-31 CN¥0.77 CN¥6.63 x
2003-12-31 CN¥0.81 CN¥6.63 x
2004-12-31 CN¥0.94 CN¥6.63 x
2005-12-31 CN¥0.98 CN¥6.63 x
2006-12-31 CN¥1.06 CN¥6.63 x
2007-12-31 CN¥1.19 CN¥6.63 x
2008-12-31 CN¥1.25 CN¥6.63 x
2009-12-31 CN¥-0.43 CN¥6.63 x
2010-12-31 CN¥-2.12 CN¥6.63 x
2011-12-31 CN¥-2.05 CN¥6.63 x
2012-12-31 CN¥0.15 CN¥6.63 x
2013-12-31 CN¥0.17 CN¥6.63 x
2014-12-31 CN¥0.07 CN¥6.63 x
2015-12-31 CN¥0.08 CN¥6.63 x
2016-12-31 CN¥0.01 CN¥6.63 x
2017-12-31 CN¥0.08 CN¥6.63 x
2018-12-31 CN¥0.20 CN¥6.63 x
2019-12-31 CN¥0.35 CN¥6.63 x
2020-12-31 CN¥0.46 CN¥6.63 x
2021-12-31 CN¥0.69 CN¥6.63 x
2022-12-31 CN¥0.76 CN¥6.63 x
2023-12-31 CN¥0.64 CN¥6.63 x
2024-12-31 CN¥0.64 CN¥6.63 x
2025-12-31 CN¥0.72 CN¥6.63 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): 2.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.20%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 5.97x
  • Recent ROE (2.87%) is above the historical average (-1.02%), indicating improving 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
2025 2.87% 1.20% 0.40x 5.97x CN¥-18.01 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: $5,038,679,184
  • Average return on equity (ROE) among peers: -0.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sichuan Golden Summit Group Joint Stock Co Ltd (600678) CN¥309.02 Million 41.59% 3.93x $338.58 Million
CSG Holding Co Ltd (000012) $8.51 Billion 10.26% 0.80x $1.23 Billion
Tangshan Jidong Cement Co Ltd (000401) $13.16 Billion 11.59% 1.89x $1.42 Billion
Gansu Shangfeng Cement Co Ltd (000672) $1.47 Billion 17.72% 1.25x $2.65 Billion
Jiangxi Wannianqing Cement Co Ltd (000789) $2.86 Billion 6.66% 1.52x $479.58 Million
Xinjiang Tianshan Cement Co Ltd (000877) $8.08 Billion 3.12% 1.68x $4.10 Billion
Sinostone Guangdong Co Ltd (001212) $1.42 Billion 6.07% 0.18x $1.45 Billion
Ruitai Materials Technology Co Ltd (002066) $75.81 Million 19.08% 1.16x $755.55 Million
Guangdong Tapai Group Co Ltd (002233) $3.47 Billion 5.81% 0.48x $1.29 Billion
China West Construction Group Co Ltd (002302) $10.72 Billion -2.45% 2.13x $858.96 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377) $617.79 Million -83.72% 1.86x $362.04 Million

About Sichuan Golden Summit Group Joint Stock Co Ltd

SHG:600678 China Building Materials
Market Cap
$338.58 Million
CN¥2.31 Billion CNY
Market Cap Rank
#14345 Global
#4295 in China
Share Price
CN¥6.63
Change (1 day)
+3.76%
52-Week Range
CN¥5.88 - CN¥15.24
All Time High
CN¥28.00
Categories
Companies in China Building Materials
About

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