Sinoma International Engineering Co Ltd (600970) - Net Assets
Based on the latest financial reports, Sinoma International Engineering Co Ltd (600970) has net assets worth CN¥24.98 Billion CNY (≈ $3.66 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥62.05 Billion ≈ $9.08 Billion USD) and total liabilities (CN¥37.07 Billion ≈ $5.42 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 how resilient are Sinoma International Engineering Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥24.98 Billion |
| % of Total Assets | 40.26% |
| Annual Growth Rate | 23.59% |
| 5-Year Change | 83.71% |
| 10-Year Change | 246.02% |
| Growth Volatility | 28.23 |
Sinoma International Engineering Co Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Sinoma International Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600970 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Sinoma International Engineering Co Ltd (2001–2025)
The table below shows the annual net assets of Sinoma International Engineering Co Ltd from 2001 to 2025. For live valuation and market cap data, see Sinoma International Engineering Co Ltd (600970) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥24.98 Billion ≈ $3.66 Billion |
+9.84% |
| 2024-12-31 | CN¥22.75 Billion ≈ $3.33 Billion |
+10.35% |
| 2023-12-31 | CN¥20.61 Billion ≈ $3.02 Billion |
+33.18% |
| 2022-12-31 | CN¥15.48 Billion ≈ $2.26 Billion |
+13.80% |
| 2021-12-31 | CN¥13.60 Billion ≈ $1.99 Billion |
+21.00% |
| 2020-12-31 | CN¥11.24 Billion ≈ $1.64 Billion |
+5.59% |
| 2019-12-31 | CN¥10.64 Billion ≈ $1.56 Billion |
+16.39% |
| 2018-12-31 | CN¥9.15 Billion ≈ $1.34 Billion |
+15.10% |
| 2017-12-31 | CN¥7.95 Billion ≈ $1.16 Billion |
+10.04% |
| 2016-12-31 | CN¥7.22 Billion ≈ $1.06 Billion |
+6.27% |
| 2015-12-31 | CN¥6.79 Billion ≈ $994.20 Million |
+51.08% |
| 2014-12-31 | CN¥4.50 Billion ≈ $658.06 Million |
+1.72% |
| 2013-12-31 | CN¥4.42 Billion ≈ $646.92 Million |
-5.25% |
| 2012-12-31 | CN¥4.67 Billion ≈ $682.77 Million |
+3.65% |
| 2011-12-31 | CN¥4.50 Billion ≈ $658.73 Million |
+29.32% |
| 2010-12-31 | CN¥3.48 Billion ≈ $509.39 Million |
+57.94% |
| 2009-12-31 | CN¥2.20 Billion ≈ $322.52 Million |
+38.20% |
| 2008-12-31 | CN¥1.59 Billion ≈ $233.37 Million |
+7.59% |
| 2007-12-31 | CN¥1.48 Billion ≈ $216.90 Million |
+29.16% |
| 2006-12-31 | CN¥1.15 Billion ≈ $167.94 Million |
+33.58% |
| 2005-12-31 | CN¥859.11 Million ≈ $125.72 Million |
+137.69% |
| 2004-12-31 | CN¥361.45 Million ≈ $52.89 Million |
+33.53% |
| 2003-12-31 | CN¥270.69 Million ≈ $39.61 Million |
+22.04% |
| 2002-12-31 | CN¥221.81 Million ≈ $32.46 Million |
+43.26% |
| 2001-12-31 | CN¥154.83 Million ≈ $22.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sinoma International Engineering 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 grown by 1843958231275.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥18.43 Billion | 80.29% |
| Common Stock | CN¥2.62 Billion | 11.42% |
| Other Comprehensive Income | CN¥1.66 Billion | 7.22% |
| Other Components | CN¥245.45 Million | 1.07% |
| Total Equity | CN¥22.96 Billion | 100.00% |
Sinoma International Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Sinoma International Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scotts Miracle-Gro Company
NYSE:SMG
|
$3.58 Billion |
|
Cleanaway Waste Management Ltd
AU:CWY
|
$3.58 Billion |
|
Brighthouse Financial Inc
NASDAQ:BHF
|
$3.58 Billion |
|
Westgold Resources Ltd
AU:WGX
|
$3.58 Billion |
|
Guosheng Financial Holding Inc
SHE:002670
|
$3.58 Billion |
|
Olav Thon Eien
OL:OLT
|
$3.58 Billion |
|
Maximus Inc
NYSE:MMS
|
$3.58 Billion |
|
GZ Port
SHG:601228
|
$3.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinoma International Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,115,409,000 to 22,955,637,432, a change of 1,840,228,432 (8.7%).
- Net income of 2,862,141,557 contributed positively to equity growth.
- Dividend payments of 1,179,818,785 reduced retained earnings.
- Share repurchases of 93,656,982 reduced equity.
- Other comprehensive income increased equity by 1,531,411,259.
- Other factors decreased equity by 1,279,848,617.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.86 Billion | +12.47% |
| Dividends Paid | CN¥1.18 Billion | -5.14% |
| Share Repurchases | CN¥93.66 Million | -0.41% |
| Other Comprehensive Income | CN¥1.53 Billion | +6.67% |
| Other Changes | CN¥-1.28 Billion | -5.58% |
| Total Change | CN¥- | 8.72% |
Book Value vs Market Value Analysis
This analysis compares Sinoma International Engineering 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: 1.07x
- 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 135.80x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.07 | CN¥9.33 | x |
| 2002-12-31 | CN¥0.09 | CN¥9.33 | x |
| 2003-12-31 | CN¥0.10 | CN¥9.33 | x |
| 2004-12-31 | CN¥0.13 | CN¥9.33 | x |
| 2005-12-31 | CN¥0.60 | CN¥9.33 | x |
| 2006-12-31 | CN¥0.65 | CN¥9.33 | x |
| 2007-12-31 | CN¥0.75 | CN¥9.33 | x |
| 2008-12-31 | CN¥0.80 | CN¥9.33 | x |
| 2009-12-31 | CN¥1.35 | CN¥9.33 | x |
| 2010-12-31 | CN¥2.02 | CN¥9.33 | x |
| 2011-12-31 | CN¥2.67 | CN¥9.33 | x |
| 2012-12-31 | CN¥2.76 | CN¥9.33 | x |
| 2013-12-31 | CN¥2.53 | CN¥9.33 | x |
| 2014-12-31 | CN¥2.80 | CN¥9.33 | x |
| 2015-12-31 | CN¥3.78 | CN¥9.33 | x |
| 2016-12-31 | CN¥3.89 | CN¥9.33 | x |
| 2017-12-31 | CN¥4.33 | CN¥9.33 | x |
| 2018-12-31 | CN¥4.97 | CN¥9.33 | x |
| 2019-12-31 | CN¥5.86 | CN¥9.33 | x |
| 2020-12-31 | CN¥6.20 | CN¥9.33 | x |
| 2021-12-31 | CN¥5.90 | CN¥9.33 | x |
| 2022-12-31 | CN¥6.56 | CN¥9.33 | x |
| 2023-12-31 | CN¥7.33 | CN¥9.33 | x |
| 2024-12-31 | CN¥8.07 | CN¥9.33 | x |
| 2025-12-31 | CN¥8.76 | CN¥9.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinoma International Engineering 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): 12.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.78%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.70x
- Recent ROE (12.47%) is below the historical average (18.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 22.50% | 4.39% | 1.07x | 4.78x | CN¥19.06 Million |
| 2002 | 20.34% | 3.67% | 1.08x | 5.12x | CN¥19.90 Million |
| 2003 | 21.79% | 2.59% | 1.18x | 7.11x | CN¥25.75 Million |
| 2004 | 25.29% | 2.80% | 1.09x | 8.31x | CN¥44.72 Million |
| 2005 | 12.13% | 2.24% | 0.91x | 5.94x | CN¥16.18 Million |
| 2006 | 28.87% | 2.61% | 1.17x | 9.45x | CN¥159.43 Million |
| 2007 | 25.91% | 2.06% | 1.26x | 9.97x | CN¥156.14 Million |
| 2008 | 29.69% | 2.23% | 0.74x | 18.05x | CN¥206.71 Million |
| 2009 | 35.31% | 4.13% | 1.06x | 8.03x | CN¥533.26 Million |
| 2010 | 42.89% | 5.96% | 1.34x | 5.35x | CN¥1.09 Billion |
| 2011 | 35.03% | 6.18% | 1.31x | 4.33x | CN¥1.10 Billion |
| 2012 | 16.45% | 3.52% | 1.00x | 4.68x | CN¥293.49 Million |
| 2013 | 2.11% | 0.44% | 0.88x | 5.54x | CN¥-337.06 Million |
| 2014 | 3.34% | 0.65% | 0.91x | 5.65x | CN¥-295.92 Million |
| 2015 | 10.31% | 2.94% | 0.79x | 4.43x | CN¥19.69 Million |
| 2016 | 7.46% | 2.69% | 0.68x | 4.06x | CN¥-174.00 Million |
| 2017 | 12.92% | 5.00% | 0.66x | 3.93x | CN¥220.75 Million |
| 2018 | 15.71% | 6.36% | 0.69x | 3.57x | CN¥496.98 Million |
| 2019 | 15.63% | 6.53% | 0.74x | 3.23x | CN¥573.51 Million |
| 2020 | 14.11% | 4.98% | 0.89x | 3.17x | CN¥443.30 Million |
| 2021 | 13.90% | 4.96% | 0.88x | 3.18x | CN¥508.85 Million |
| 2022 | 17.46% | 5.93% | 0.98x | 3.01x | CN¥1.09 Billion |
| 2023 | 15.27% | 6.37% | 0.84x | 2.85x | CN¥1.01 Billion |
| 2024 | 14.13% | 6.47% | 0.79x | 2.78x | CN¥871.58 Million |
| 2025 | 12.47% | 5.78% | 0.80x | 2.70x | CN¥566.58 Million |
Industry Comparison
This section compares Sinoma International Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $4,258,135,025
- Average return on equity (ROE) among peers: 2.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinoma International Engineering Co Ltd (600970) | CN¥24.98 Billion | 22.50% | 1.48x | $3.58 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $896.43 Million | -59.77% | 3.04x | $486.19 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $625.86 Million | 4.13% | 0.98x | $3.08 Billion |
| NORINCO International Cooperation Ltd (000065) | $8.56 Billion | 7.43% | 1.58x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $15.02 Billion | 4.13% | 3.25x | $962.46 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $12.89 Billion | 10.38% | 3.27x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $245.24 Million | 4.29% | 1.43x | $878.49 Million |
| Hunan Investment Group Co Ltd (000548) | $1.48 Billion | 5.89% | 0.49x | $389.36 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $590.13 Million | 0.75% | 2.06x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $32.59 Million | 50.71% | 2.04x | $602.65 Million |
| Hainan Expressway Co Ltd (000886) | $2.23 Billion | 0.44% | 1.41x | $800.17 Million |
About Sinoma International Engineering Co Ltd
Sinoma International Engineering Co.,Ltd operates in the cement technology equipment and engineering services industry in China and internationally. The company offers research, development, technical consulting, engineering design, metal mine research, technical consulting, equipment manufacturing, construction and installation, and general contracting; civil construction engineering, constructi… Read more