Whirlpool China Co Ltd (600983) - Net Assets

Latest as of September 2025: CN¥2.77 Billion CNY ≈ $405.72 Million USD

Based on the latest financial reports, Whirlpool China Co Ltd (600983) has net assets worth CN¥2.77 Billion CNY (≈ $405.72 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¥5.69 Billion ≈ $832.45 Million USD) and total liabilities (CN¥2.92 Billion ≈ $426.73 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 Whirlpool China Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.77 Billion
% of Total Assets	48.74%
Annual Growth Rate	10.18%
5-Year Change	-24.67%
10-Year Change	-39.61%
Growth Volatility	27.77

Whirlpool China Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Whirlpool China Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Whirlpool China Co Ltd (600983) total assets for the complete picture of this company's asset base.

Annual Net Assets for Whirlpool China Co Ltd (2001–2024)

The table below shows the annual net assets of Whirlpool China Co Ltd from 2001 to 2024. For live valuation and market cap data, see 600983 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥2.68 Billion ≈ $391.45 Million	+5.71%
2023-12-31	CN¥2.53 Billion ≈ $370.31 Million	-15.35%
2022-12-31	CN¥2.99 Billion ≈ $437.46 Million	+0.93%
2021-12-31	CN¥2.96 Billion ≈ $433.41 Million	-16.60%
2020-12-31	CN¥3.55 Billion ≈ $519.66 Million	-5.42%
2019-12-31	CN¥3.75 Billion ≈ $549.42 Million	-8.77%
2018-12-31	CN¥4.12 Billion ≈ $602.26 Million	+5.74%
2017-12-31	CN¥3.89 Billion ≈ $569.55 Million	-4.36%
2016-12-31	CN¥4.07 Billion ≈ $595.53 Million	-8.13%
2015-12-31	CN¥4.43 Billion ≈ $648.23 Million	+8.01%
2014-12-31	CN¥4.10 Billion ≈ $600.17 Million	+113.32%
2013-12-31	CN¥1.92 Billion ≈ $281.35 Million	+21.18%
2012-12-31	CN¥1.59 Billion ≈ $232.18 Million	+20.60%
2011-12-31	CN¥1.32 Billion ≈ $192.52 Million	+25.58%
2010-12-31	CN¥1.05 Billion ≈ $153.31 Million	+31.69%
2009-12-31	CN¥795.56 Million ≈ $116.41 Million	+22.61%
2008-12-31	CN¥648.86 Million ≈ $94.95 Million	+12.41%
2007-12-31	CN¥577.23 Million ≈ $84.47 Million	+6.73%
2006-12-31	CN¥540.83 Million ≈ $79.14 Million	+4.01%
2005-12-31	CN¥519.96 Million ≈ $76.09 Million	+1.79%
2004-12-31	CN¥510.82 Million ≈ $74.75 Million	+67.64%
2003-12-31	CN¥304.72 Million ≈ $44.59 Million	+3.48%
2002-12-31	CN¥294.47 Million ≈ $43.09 Million	+2.38%
2001-12-31	CN¥287.63 Million ≈ $42.09 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Whirlpool China 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 1337.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥402.05 Million	15.03%
Common Stock	CN¥766.44 Million	28.65%
Other Components	CN¥1.51 Billion	56.32%
Total Equity	CN¥2.68 Billion	100.00%

Whirlpool China Co Ltd Competitors by Market Cap

The table below lists competitors of Whirlpool China Co Ltd ranked by their market capitalization.

Company	Market Cap
Bittium Oyj HE:BITTI	$1.04 Billion
Lecron Energy Saving Materials SHE:300343	$1.04 Billion
Shinsung Delta Tech Co.Ltd KQ:065350	$1.04 Billion
Lemon Tree Hotels Limited NSE:LEMONTREE	$1.04 Billion
Guangxi Radio and Television Information Network Corp Ltd SHG:600936	$1.04 Billion
Suntar Environmental Technology Co SHG:688101	$1.04 Billion
Zhongtong Bus Holding Co Ltd SHE:000957	$1.04 Billion
Truworths International Ltd JSE:TRU	$1.04 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Whirlpool China Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,530,606,493 to 2,675,080,131, a change of 144,473,638 (5.7%).
Net income of 201,791,406 contributed positively to equity growth.
Dividend payments of 60,012,174 reduced retained earnings.
Other comprehensive income decreased equity by 3,293,817.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥201.79 Million	+7.54%
Dividends Paid	CN¥60.01 Million	-2.24%
Other Comprehensive Income	CN¥-3.29 Million	-0.12%
Other Changes	CN¥5.99 Million	+0.22%
Total Change	CN¥-	5.71%

Book Value vs Market Value Analysis

This analysis compares Whirlpool China 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: 2.70x
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 17.26x to 2.70x 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¥0.54	CN¥9.31	x
2002-12-31	CN¥0.55	CN¥9.31	x
2003-12-31	CN¥0.57	CN¥9.31	x
2004-12-31	CN¥0.96	CN¥9.31	x
2005-12-31	CN¥0.98	CN¥9.31	x
2006-12-31	CN¥0.98	CN¥9.31	x
2007-12-31	CN¥1.06	CN¥9.31	x
2008-12-31	CN¥1.24	CN¥9.31	x
2009-12-31	CN¥1.50	CN¥9.31	x
2010-12-31	CN¥1.98	CN¥9.31	x
2011-12-31	CN¥2.46	CN¥9.31	x
2012-12-31	CN¥2.98	CN¥9.31	x
2013-12-31	CN¥3.61	CN¥9.31	x
2014-12-31	CN¥7.12	CN¥9.31	x
2015-12-31	CN¥5.73	CN¥9.31	x
2016-12-31	CN¥5.32	CN¥9.31	x
2017-12-31	CN¥5.22	CN¥9.31	x
2018-12-31	CN¥5.34	CN¥9.31	x
2019-12-31	CN¥4.90	CN¥9.31	x
2020-12-31	CN¥4.63	CN¥9.31	x
2021-12-31	CN¥3.86	CN¥9.31	x
2022-12-31	CN¥3.90	CN¥9.31	x
2023-12-31	CN¥3.43	CN¥9.31	x
2024-12-31	CN¥3.45	CN¥9.31	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Whirlpool China 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): 7.54%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.53%
• Asset Turnover: 0.70x
• Equity Multiplier: 1.96x
Recent ROE (7.54%) is below the historical average (8.81%), 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	11.57%	14.36%	0.58x	1.38x	CN¥4.53 Million
2002	11.26%	13.00%	0.62x	1.39x	CN¥3.71 Million
2003	11.63%	11.30%	0.79x	1.31x	CN¥4.97 Million
2004	6.29%	9.22%	0.58x	1.18x	CN¥-18.95 Million
2005	7.52%	8.91%	0.65x	1.30x	CN¥-12.89 Million
2006	9.54%	10.12%	0.71x	1.32x	CN¥-2.49 Million
2007	11.78%	10.71%	0.82x	1.34x	CN¥10.26 Million
2008	17.71%	10.61%	0.96x	1.74x	CN¥50.04 Million
2009	25.97%	10.22%	1.02x	2.49x	CN¥127.08 Million
2010	28.83%	9.90%	0.96x	3.02x	CN¥197.29 Million
2011	24.42%	8.25%	1.05x	2.83x	CN¥189.67 Million
2012	19.13%	7.56%	0.98x	2.58x	CN¥144.90 Million
2013	18.86%	6.81%	0.94x	2.95x	CN¥170.39 Million
2014	7.16%	5.33%	0.74x	1.80x	CN¥-116.52 Million
2015	9.95%	6.51%	0.85x	1.81x	CN¥-2.34 Million
2016	6.96%	4.18%	0.75x	2.21x	CN¥-123.72 Million
2017	-2.49%	-1.52%	0.75x	2.18x	CN¥-486.19 Million
2018	6.36%	4.17%	0.76x	2.02x	CN¥-149.73 Million
2019	-8.60%	-6.11%	0.70x	2.02x	CN¥-698.30 Million
2020	-4.22%	-3.03%	0.70x	1.97x	CN¥-504.83 Million
2021	-19.88%	-11.94%	0.83x	2.01x	CN¥-885.13 Million
2022	0.93%	0.66%	0.75x	1.90x	CN¥-271.01 Million
2023	3.21%	2.03%	0.76x	2.07x	CN¥-171.93 Million
2024	7.54%	5.53%	0.70x	1.96x	CN¥-65.72 Million

Industry Comparison

This section compares Whirlpool China Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

Industry: Furnishings, Fixtures & Appliances
Average net assets among peers: $17,549,251,672
Average return on equity (ROE) among peers: 11.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Whirlpool China Co Ltd (600983)	CN¥2.77 Billion	11.57%	1.05x	$1.04 Billion
Midea Group Co Ltd (000333)	$134.83 Billion	21.19%	1.88x	$81.80 Billion
Changhong Meiling Co Ltd (000521)	$6.19 Billion	11.96%	2.13x	$734.15 Million
Gree Electric Appliances Inc of Zhuhai (000651)	$7.73 Billion	25.45%	2.99x	$32.75 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921)	$12.48 Billion	14.37%	1.72x	$3.28 Billion
Suncha Technology Co Ltd (001211)	$477.06 Million	18.82%	0.71x	$452.94 Million
Elec-Tech International Co Ltd (002005)	$6.45 Billion	-15.06%	1.16x	$738.53 Million
Zhejiang Supor Co Ltd (002032)	$5.01 Billion	17.75%	0.48x	$5.54 Billion
Vatti Corp Ltd (002035)	$1.27 Billion	17.60%	0.86x	$736.79 Million
CNlight Co Ltd (002076)	$259.28 Million	-5.05%	1.04x	$355.44 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084)	$797.95 Million	5.06%	1.07x	$363.03 Million

About Whirlpool China Co Ltd

SHG:600983 China Furnishings, Fixtures & Appliances

Market Cap

$1.04 Billion

CN¥7.14 Billion CNY

Market Cap Rank

#8945 Global

#2384 in China

Share Price

CN¥9.31

Change (1 day)

-0.96%

52-Week Range

CN¥9.31 - CN¥12.57

All Time High

CN¥14.70