Sumec Corp Ltd (600710) - Net Assets
Based on the latest financial reports, Sumec Corp Ltd (600710) has net assets worth CN¥15.71 Billion CNY (≈ $2.30 Billion 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¥60.08 Billion ≈ $8.79 Billion USD) and total liabilities (CN¥44.38 Billion ≈ $6.49 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 600710 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.71 Billion |
| % of Total Assets | 26.14% |
| Annual Growth Rate | 20.59% |
| 5-Year Change | 32.29% |
| 10-Year Change | 1113.2% |
| Growth Volatility | 83.49 |
Sumec Corp Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Sumec Corp Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sumec Corp Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Sumec Corp Ltd (1993–2024)
The table below shows the annual net assets of Sumec Corp Ltd from 1993 to 2024. For live valuation and market cap data, see Sumec Corp Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥14.52 Billion ≈ $2.12 Billion |
+10.18% |
| 2023-12-31 | CN¥13.18 Billion ≈ $1.93 Billion |
-1.60% |
| 2022-12-31 | CN¥13.39 Billion ≈ $1.96 Billion |
+10.42% |
| 2021-12-31 | CN¥12.13 Billion ≈ $1.77 Billion |
+10.51% |
| 2020-12-31 | CN¥10.97 Billion ≈ $1.61 Billion |
+13.19% |
| 2019-12-31 | CN¥9.70 Billion ≈ $1.42 Billion |
+14.49% |
| 2018-12-31 | CN¥8.47 Billion ≈ $1.24 Billion |
+19.98% |
| 2017-12-31 | CN¥7.06 Billion ≈ $1.03 Billion |
+7.75% |
| 2016-12-31 | CN¥6.55 Billion ≈ $958.59 Million |
+447.39% |
| 2015-12-31 | CN¥1.20 Billion ≈ $175.12 Million |
-30.73% |
| 2014-12-31 | CN¥1.73 Billion ≈ $252.79 Million |
-7.97% |
| 2013-12-31 | CN¥1.88 Billion ≈ $274.68 Million |
-10.35% |
| 2012-12-31 | CN¥2.09 Billion ≈ $306.37 Million |
-0.12% |
| 2011-12-31 | CN¥2.10 Billion ≈ $306.74 Million |
+43.63% |
| 2010-12-31 | CN¥1.46 Billion ≈ $213.57 Million |
+23.83% |
| 2009-12-31 | CN¥1.18 Billion ≈ $172.47 Million |
+6.28% |
| 2008-12-31 | CN¥1.11 Billion ≈ $162.27 Million |
+3.31% |
| 2007-12-31 | CN¥1.07 Billion ≈ $157.08 Million |
+49.69% |
| 2006-12-31 | CN¥717.08 Million ≈ $104.93 Million |
+4.75% |
| 2005-12-31 | CN¥684.55 Million ≈ $100.17 Million |
-0.99% |
| 2004-12-31 | CN¥691.37 Million ≈ $101.17 Million |
+5.57% |
| 2003-12-31 | CN¥654.92 Million ≈ $95.84 Million |
+35.58% |
| 2002-12-31 | CN¥483.04 Million ≈ $70.68 Million |
+6.33% |
| 2001-12-31 | CN¥454.29 Million ≈ $66.48 Million |
-1.28% |
| 2000-12-31 | CN¥460.17 Million ≈ $67.34 Million |
+2.18% |
| 1999-12-31 | CN¥450.34 Million ≈ $65.90 Million |
-1.70% |
| 1998-12-31 | CN¥458.14 Million ≈ $67.04 Million |
+0.97% |
| 1997-12-31 | CN¥453.73 Million ≈ $66.40 Million |
+48.89% |
| 1996-12-31 | CN¥304.74 Million ≈ $44.59 Million |
+158.60% |
| 1995-12-31 | CN¥117.84 Million ≈ $17.24 Million |
+29.90% |
| 1994-12-31 | CN¥90.72 Million ≈ $13.27 Million |
+107.14% |
| 1993-12-31 | CN¥43.80 Million ≈ $6.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sumec Corp 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | CN¥8.23 Billion | 52.41% |
| Other Components | CN¥7.47 Billion | 47.59% |
| Total Equity | CN¥15.71 Billion | 100.00% |
Sumec Corp Ltd Competitors by Market Cap
The table below lists competitors of Sumec Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Bafar S.A.B. de C.V
MX:BAFARB
|
$2.34 Billion |
|
Inficon Holding
SW:IFCN
|
$2.34 Billion |
|
Dongyue Group Limited
F:4D3
|
$2.34 Billion |
|
DO & CO Aktiengesellschaft
VI:DOC
|
$2.34 Billion |
|
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd
SHE:300139
|
$2.34 Billion |
|
Alony Hetz Properties and Investments Ltd
TA:ALHE
|
$2.34 Billion |
|
Koninklijke Heijmans N.V.
AS:HEIJM
|
$2.34 Billion |
|
The Bancorp Inc
NASDAQ:TBBK
|
$2.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sumec Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,484,338,000 to 15,705,406,000, a change of 8,221,068,000 (109.8%).
- Net income of 1,355,212,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 7,454,085,000.
- Other factors decreased equity by 588,229,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.36 Billion | +8.63% |
| Other Comprehensive Income | CN¥7.45 Billion | +47.46% |
| Other Changes | CN¥-588.23 Million | -3.75% |
| Total Change | CN¥- | 109.84% |
Book Value vs Market Value Analysis
This analysis compares Sumec Corp 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: 1.02x
- 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 143.61x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.09 | CN¥12.23 | x |
| 1994-12-31 | CN¥0.18 | CN¥12.23 | x |
| 1995-12-31 | CN¥0.23 | CN¥12.23 | x |
| 1996-12-31 | CN¥0.59 | CN¥12.23 | x |
| 1997-12-31 | CN¥0.88 | CN¥12.23 | x |
| 1998-12-31 | CN¥0.89 | CN¥12.23 | x |
| 1999-12-31 | CN¥0.88 | CN¥12.23 | x |
| 2000-12-31 | CN¥0.89 | CN¥12.23 | x |
| 2001-12-31 | CN¥0.88 | CN¥12.23 | x |
| 2002-12-31 | CN¥0.93 | CN¥12.23 | x |
| 2003-12-31 | CN¥1.27 | CN¥12.23 | x |
| 2004-12-31 | CN¥1.34 | CN¥12.23 | x |
| 2005-12-31 | CN¥1.32 | CN¥12.23 | x |
| 2006-12-31 | CN¥1.44 | CN¥12.23 | x |
| 2007-12-31 | CN¥1.89 | CN¥12.23 | x |
| 2008-12-31 | CN¥1.87 | CN¥12.23 | x |
| 2009-12-31 | CN¥1.95 | CN¥12.23 | x |
| 2010-12-31 | CN¥2.51 | CN¥12.23 | x |
| 2011-12-31 | CN¥3.36 | CN¥12.23 | x |
| 2012-12-31 | CN¥4.34 | CN¥12.23 | x |
| 2013-12-31 | CN¥2.94 | CN¥12.23 | x |
| 2014-12-31 | CN¥2.63 | CN¥12.23 | x |
| 2015-12-31 | CN¥1.24 | CN¥12.23 | x |
| 2016-12-31 | CN¥3.60 | CN¥12.23 | x |
| 2017-12-31 | CN¥3.01 | CN¥12.23 | x |
| 2018-12-31 | CN¥3.40 | CN¥12.23 | x |
| 2019-12-31 | CN¥3.69 | CN¥12.23 | x |
| 2020-12-31 | CN¥3.99 | CN¥12.23 | x |
| 2021-12-31 | CN¥4.33 | CN¥12.23 | x |
| 2022-12-31 | CN¥4.79 | CN¥12.23 | x |
| 2023-12-31 | CN¥5.28 | CN¥12.23 | x |
| 2024-12-31 | CN¥5.74 | CN¥12.23 | x |
| 2025-12-31 | CN¥12.02 | CN¥12.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sumec Corp 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): 8.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.15%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (8.63%) is above the historical average (8.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 48.12% | 5.85% | 1.55x | 5.32x | CN¥16.69 Million |
| 1994 | 20.23% | 6.59% | 0.80x | 3.82x | CN¥9.28 Million |
| 1995 | 16.85% | 6.33% | 0.80x | 3.32x | CN¥8.08 Million |
| 1996 | 10.63% | 9.78% | 0.49x | 2.20x | CN¥1.92 Million |
| 1997 | 7.37% | 10.15% | 0.42x | 1.73x | CN¥-11.92 Million |
| 1998 | 0.34% | 0.48% | 0.40x | 1.78x | CN¥-44.24 Million |
| 1999 | 1.38% | 1.60% | 0.50x | 1.74x | CN¥-38.82 Million |
| 2000 | 2.15% | 2.45% | 0.51x | 1.71x | CN¥-36.13 Million |
| 2001 | 1.51% | 1.30% | 0.61x | 1.89x | CN¥-38.55 Million |
| 2002 | 10.84% | 5.19% | 1.06x | 1.97x | CN¥4.04 Million |
| 2003 | 26.21% | 11.37% | 1.11x | 2.08x | CN¥105.67 Million |
| 2004 | 4.63% | 2.02% | 1.05x | 2.20x | CN¥-36.94 Million |
| 2005 | 0.86% | 0.42% | 0.87x | 2.37x | CN¥-62.28 Million |
| 2006 | 4.88% | 2.22% | 1.00x | 2.20x | CN¥-36.51 Million |
| 2007 | 8.83% | 5.10% | 0.97x | 1.79x | CN¥-12.51 Million |
| 2008 | 4.91% | 2.91% | 0.83x | 2.04x | CN¥-56.02 Million |
| 2009 | 5.97% | 4.75% | 0.65x | 1.94x | CN¥-47.13 Million |
| 2010 | 19.29% | 13.39% | 0.72x | 1.99x | CN¥134.77 Million |
| 2011 | 8.04% | 7.87% | 0.67x | 1.53x | CN¥-40.92 Million |
| 2012 | 0.46% | 0.70% | 0.44x | 1.48x | CN¥-199.14 Million |
| 2013 | -11.55% | -18.80% | 0.41x | 1.50x | CN¥-403.42 Million |
| 2014 | -10.66% | -15.47% | 0.45x | 1.54x | CN¥-349.29 Million |
| 2015 | -22.52% | -0.63% | 21.83x | 1.63x | CN¥-378.12 Million |
| 2016 | 5.56% | 0.41% | 1.36x | 9.96x | CN¥-164.91 Million |
| 2017 | 8.97% | 0.48% | 1.79x | 10.35x | CN¥-41.09 Million |
| 2018 | 10.30% | 0.56% | 1.92x | 9.66x | CN¥13.19 Million |
| 2019 | 9.36% | 0.53% | 2.11x | 8.41x | CN¥-30.74 Million |
| 2020 | 10.46% | 0.55% | 2.20x | 8.57x | CN¥24.23 Million |
| 2021 | 13.55% | 0.45% | 3.09x | 9.64x | CN¥201.01 Million |
| 2022 | 14.59% | 0.65% | 2.66x | 8.47x | CN¥287.15 Million |
| 2023 | 14.93% | 0.84% | 2.35x | 7.60x | CN¥339.70 Million |
| 2024 | 15.34% | 0.98% | 2.13x | 7.34x | CN¥399.92 Million |
| 2025 | 8.63% | 1.15% | 0.00x | 0.00x | CN¥-215.33 Million |
Industry Comparison
This section compares Sumec Corp Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $3,705,072,378
- Average return on equity (ROE) among peers: 10.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sumec Corp Ltd (600710) | CN¥15.71 Billion | 48.12% | 2.83x | $2.34 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $1.77 Billion | 17.54% | 1.36x | $8.33 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $1.09 Billion | 0.51% | 2.01x | $17.40 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $16.14 Billion | 6.18% | 1.50x | $2.96 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $3.62 Billion | 1.78% | 1.64x | $2.70 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $1.25 Billion | 6.77% | 1.00x | $666.99 Million |
| HBIS Resources Co Ltd (000923) | $9.44 Billion | 5.60% | 0.36x | $1.66 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $2.55 Billion | 28.17% | 2.77x | $3.90 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $473.48 Million | 2.03% | 1.59x | $1.04 Billion |
| Sunward Intelligent Equipment Co Ltd (002097) | $163.46 Million | 23.10% | 1.31x | $1.58 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $560.69 Million | 11.94% | 1.15x | $890.60 Million |
About Sumec Corp Ltd
Sumec Corporation Limited engages in the supply and industrial chain business in China. The company offers industrial chain products and services, including clean energy, such as photovoltaic products and engineering, operation, and maintenance services; ecological and environmental protection that includes sewage treatment, garbage treatment, soil remediation, restaurant kitchen waste treatment,… Read more