Whirlpool China Co Ltd (600983) - Net Assets

Latest as of March 2026: CN¥3.07 Billion CNY ≈ $449.68 Million USD

Based on the latest financial reports, Whirlpool China Co Ltd (600983) has net assets worth CN¥3.07 Billion CNY (≈ $449.68 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¥5.91 Billion ≈ $865.52 Million USD) and total liabilities (CN¥2.84 Billion ≈ $415.84 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 600983 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.07 Billion
% of Total Assets	51.95%
Annual Growth Rate	10.23%
5-Year Change	0.49%
10-Year Change	-26.87%
Growth Volatility	27.19

Whirlpool China Co Ltd - Net Assets Trend (2001–2025)

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

Annual Net Assets for Whirlpool China Co Ltd (2001–2025)

The table below shows the annual net assets of Whirlpool China Co Ltd from 2001 to 2025. For live valuation and market cap data, see 600983 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥2.98 Billion ≈ $435.53 Million	+11.26%
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 2400.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥699.50 Million	23.50%
Other Components	CN¥2.28 Billion	76.50%
Total Equity	CN¥2.98 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
Fujian Apex Software Co Ltd SHG:603383	$858.02 Million
Ryerson Holding Corp NYSE:RYI	$858.13 Million
Kunming Chuan Jin Nuo Chemical Co Ltd SHE:300505	$858.33 Million
Ratos AB (publ) ST:RATO-B	$858.42 Million
Camden National Corporation NASDAQ:CAC	$857.91 Million
Dongguan Kingsun Optoelectronic Co Ltd SHE:002638	$857.69 Million
Abacus Global Management, Inc. NYSE:ABX	$857.55 Million
KSB SE & Co. KGaA F:KSB3	$857.28 Million

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 2024 to 2025, total equity changed from 2,675,080,131 to 2,976,355,102, a change of 301,274,971 (11.3%).
Net income of 519,718,889 contributed positively to equity growth.
Dividend payments of 222,267,310 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥519.72 Million	+17.46%
Dividends Paid	CN¥222.27 Million	-7.47%
Other Changes	CN¥3.82 Million	+0.13%
Total Change	CN¥-	11.26%

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: 1.97x
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 14.18x to 1.97x 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¥7.65	x
2002-12-31	CN¥0.55	CN¥7.65	x
2003-12-31	CN¥0.57	CN¥7.65	x
2004-12-31	CN¥0.96	CN¥7.65	x
2005-12-31	CN¥0.98	CN¥7.65	x
2006-12-31	CN¥0.98	CN¥7.65	x
2007-12-31	CN¥1.06	CN¥7.65	x
2008-12-31	CN¥1.24	CN¥7.65	x
2009-12-31	CN¥1.50	CN¥7.65	x
2010-12-31	CN¥1.98	CN¥7.65	x
2011-12-31	CN¥2.46	CN¥7.65	x
2012-12-31	CN¥2.98	CN¥7.65	x
2013-12-31	CN¥3.61	CN¥7.65	x
2014-12-31	CN¥7.12	CN¥7.65	x
2015-12-31	CN¥5.73	CN¥7.65	x
2016-12-31	CN¥5.32	CN¥7.65	x
2017-12-31	CN¥5.22	CN¥7.65	x
2018-12-31	CN¥5.34	CN¥7.65	x
2019-12-31	CN¥4.90	CN¥7.65	x
2020-12-31	CN¥4.63	CN¥7.65	x
2021-12-31	CN¥3.86	CN¥7.65	x
2022-12-31	CN¥3.90	CN¥7.65	x
2023-12-31	CN¥3.43	CN¥7.65	x
2024-12-31	CN¥3.45	CN¥7.65	x
2025-12-31	CN¥3.88	CN¥7.65	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): 17.46%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.56%
• Asset Turnover: 0.75x
• Equity Multiplier: 2.00x
Recent ROE (17.46%) is above the historical average (9.16%), indicating improving 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
2025	17.46%	11.56%	0.75x	2.00x	CN¥222.08 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: $15,544,183,574
Average return on equity (ROE) among peers: 14.60%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Whirlpool China Co Ltd (600983)	CN¥3.07 Billion	11.57%	0.92x	$857.98 Million
Midea Group Co Ltd (000333)	$33.17 Billion	9.83%	1.65x	$79.32 Billion
Changhong Meiling Co Ltd (000521)	$1.35 Billion	22.32%	2.55x	$714.80 Million
Gree Electric Appliances Inc of Zhuhai (000651)	$101.88 Billion	24.06%	2.48x	$30.10 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921)	$14.41 Billion	10.96%	1.90x	$3.65 Billion
Suncha Technology Co Ltd (001211)	$284.49 Million	14.41%	1.06x	$339.25 Million
Elec-Tech International Co Ltd (002005)	$2.67 Billion	9.88%	1.02x	$676.99 Million
Zhejiang Supor Co Ltd (002032)	$96.39 Million	25.29%	2.20x	$4.81 Billion
Vatti Corp Ltd (002035)	$56.22 Million	22.45%	3.75x	$589.18 Million
CNlight Co Ltd (002076)	$388.80 Million	2.76%	0.26x	$430.09 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084)	$1.15 Billion	4.02%	0.60x	$327.10 Million

About Whirlpool China Co Ltd

SHG:600983 China Furnishings, Fixtures & Appliances

Market Cap

$857.98 Million

CN¥5.86 Billion CNY

Market Cap Rank

#9742 Global

#2585 in China

Share Price

CN¥7.65

Change (1 day)

-7.83%

52-Week Range

CN¥7.65 - CN¥12.57

All Time High

CN¥14.70