Shaanxi Construction Machinery Co Ltd
Shaanxi Construction Machinery Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and leasing of machinery in China and internationally. The company offers construction machinery, including tower cranes; road construction machinery, such as asphalt concrete pavement machines; construction steel structures; and rental services. It also provides road c… Read more
Shaanxi Construction Machinery Co Ltd (600984) - Net Assets
Latest net assets as of September 2025: CN¥4.38 Billion CNY
Based on the latest financial reports, Shaanxi Construction Machinery Co Ltd (600984) has net assets worth CN¥4.38 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥15.56 Billion) and total liabilities (CN¥11.18 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.38 Billion |
| % of Total Assets | 28.16% |
| Annual Growth Rate | 15.56% |
| 5-Year Change | -26.49% |
| 10-Year Change | 37.62% |
| Growth Volatility | 93.32 |
Shaanxi Construction Machinery Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Shaanxi Construction Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shaanxi Construction Machinery Co Ltd (2001–2024)
The table below shows the annual net assets of Shaanxi Construction Machinery Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.28 Billion | -18.73% |
| 2023-12-31 | CN¥5.26 Billion | -12.44% |
| 2022-12-31 | CN¥6.01 Billion | -1.47% |
| 2021-12-31 | CN¥6.10 Billion | +4.84% |
| 2020-12-31 | CN¥5.82 Billion | +52.98% |
| 2019-12-31 | CN¥3.80 Billion | +12.36% |
| 2018-12-31 | CN¥3.38 Billion | +5.09% |
| 2017-12-31 | CN¥3.22 Billion | +0.84% |
| 2016-12-31 | CN¥3.19 Billion | +2.77% |
| 2015-12-31 | CN¥3.11 Billion | +426.78% |
| 2014-12-31 | CN¥589.98 Million | -17.19% |
| 2013-12-31 | CN¥712.46 Million | +144.33% |
| 2012-12-31 | CN¥291.60 Million | +3.08% |
| 2011-12-31 | CN¥282.89 Million | +3.97% |
| 2010-12-31 | CN¥272.07 Million | +0.91% |
| 2009-12-31 | CN¥269.62 Million | -6.57% |
| 2008-12-31 | CN¥288.57 Million | -17.48% |
| 2007-12-31 | CN¥349.71 Million | +1.58% |
| 2006-12-31 | CN¥344.28 Million | -14.77% |
| 2005-12-31 | CN¥403.96 Million | -16.18% |
| 2004-12-31 | CN¥481.92 Million | +118.04% |
| 2003-12-31 | CN¥221.02 Million | +18.79% |
| 2002-12-31 | CN¥186.05 Million | +21.02% |
| 2001-12-31 | CN¥153.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shaanxi Construction Machinery 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 67881899002.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.26 Billion | 29.39% |
| Other Comprehensive Income | CN¥173.33 Million | 4.05% |
| Other Components | CN¥3.53 Billion | 82.49% |
| Total Equity | CN¥4.28 Billion | 100.00% |
Shaanxi Construction Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Shaanxi Construction Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Darma Henwa Tbk
F:0DH
|
$447.22 Million |
|
Farmers National Banc Corp
NASDAQ:FMNB
|
$447.37 Million |
|
DOMS Industries Limited
NSE:DOMS
|
$447.53 Million |
|
Honasa Consumer Limited
NSE:HONASA
|
$447.54 Million |
|
Hardwoods Distribution Inc
PINK:HDIUF
|
$446.96 Million |
|
Usinas Siderurgicas de Minas Gerais
PINK:USNZY
|
$446.78 Million |
|
Metro AG
F:B4B
|
$446.69 Million |
|
Decai Decoration Co Ltd
SHG:605287
|
$446.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaanxi Construction Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,262,704,452 to 4,277,224,046, a change of -985,480,406 (-18.7%).
- Net loss of 988,440,198 reduced equity.
- Dividend payments of 359,631,756 reduced retained earnings.
- Other comprehensive income increased equity by 173,331,013.
- Other factors increased equity by 189,260,535.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-988.44 Million | -23.11% |
| Dividends Paid | CN¥359.63 Million | -8.41% |
| Other Comprehensive Income | CN¥173.33 Million | +4.05% |
| Other Changes | CN¥189.26 Million | +4.42% |
| Total Change | CN¥- | -18.73% |
Book Value vs Market Value Analysis
This analysis compares Shaanxi Construction Machinery 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: 1.30x
- 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 5.28x to 1.30x 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¥0.84 | CN¥4.42 | x |
| 2002-12-31 | CN¥1.01 | CN¥4.42 | x |
| 2003-12-31 | CN¥1.20 | CN¥4.42 | x |
| 2004-12-31 | CN¥2.62 | CN¥4.42 | x |
| 2005-12-31 | CN¥2.20 | CN¥4.42 | x |
| 2006-12-31 | CN¥1.44 | CN¥4.42 | x |
| 2007-12-31 | CN¥1.46 | CN¥4.42 | x |
| 2008-12-31 | CN¥1.21 | CN¥4.42 | x |
| 2009-12-31 | CN¥1.13 | CN¥4.42 | x |
| 2010-12-31 | CN¥1.14 | CN¥4.42 | x |
| 2011-12-31 | CN¥1.18 | CN¥4.42 | x |
| 2012-12-31 | CN¥1.22 | CN¥4.42 | x |
| 2013-12-31 | CN¥2.20 | CN¥4.42 | x |
| 2014-12-31 | CN¥1.45 | CN¥4.42 | x |
| 2015-12-31 | CN¥5.23 | CN¥4.42 | x |
| 2016-12-31 | CN¥2.97 | CN¥4.42 | x |
| 2017-12-31 | CN¥3.89 | CN¥4.42 | x |
| 2018-12-31 | CN¥3.14 | CN¥4.42 | x |
| 2019-12-31 | CN¥3.53 | CN¥4.42 | x |
| 2020-12-31 | CN¥4.86 | CN¥4.42 | x |
| 2021-12-31 | CN¥4.85 | CN¥4.42 | x |
| 2022-12-31 | CN¥4.78 | CN¥4.42 | x |
| 2023-12-31 | CN¥4.19 | CN¥4.42 | x |
| 2024-12-31 | CN¥3.40 | CN¥4.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaanxi Construction Machinery 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): -23.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.25%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 3.97x
- Recent ROE (-23.11%) is below the historical average (-1.23%), 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 | 16.01% | 7.82% | 0.71x | 2.87x | CN¥9.24 Million |
| 2002 | 17.37% | 7.66% | 0.81x | 2.81x | CN¥13.70 Million |
| 2003 | 15.59% | 6.86% | 0.89x | 2.55x | CN¥12.35 Million |
| 2004 | 3.78% | 3.21% | 0.58x | 2.02x | CN¥-29.97 Million |
| 2005 | -12.29% | -12.38% | 0.50x | 2.00x | CN¥-90.04 Million |
| 2006 | -17.33% | -16.48% | 0.52x | 2.02x | CN¥-94.10 Million |
| 2007 | 0.30% | 0.25% | 0.57x | 2.07x | CN¥-33.94 Million |
| 2008 | -21.31% | -14.50% | 0.56x | 2.61x | CN¥-90.37 Million |
| 2009 | -6.89% | -3.88% | 0.63x | 2.82x | CN¥-45.54 Million |
| 2010 | 5.44% | 2.68% | 0.66x | 3.09x | CN¥-12.41 Million |
| 2011 | 3.82% | 1.66% | 0.75x | 3.06x | CN¥-17.48 Million |
| 2012 | 2.35% | 0.97% | 0.70x | 3.47x | CN¥-22.30 Million |
| 2013 | -14.02% | -22.07% | 0.43x | 1.49x | CN¥-171.10 Million |
| 2014 | -21.67% | -45.14% | 0.28x | 1.74x | CN¥-186.84 Million |
| 2015 | 0.20% | 0.87% | 0.14x | 1.65x | CN¥-304.70 Million |
| 2016 | 2.57% | 5.98% | 0.25x | 1.73x | CN¥-237.14 Million |
| 2017 | 0.70% | 1.23% | 0.28x | 2.03x | CN¥-299.04 Million |
| 2018 | 4.85% | 7.35% | 0.28x | 2.35x | CN¥-174.13 Million |
| 2019 | 13.31% | 15.55% | 0.31x | 2.73x | CN¥125.63 Million |
| 2020 | 9.52% | 13.83% | 0.26x | 2.60x | CN¥-28.11 Million |
| 2021 | 6.14% | 7.93% | 0.27x | 2.89x | CN¥-235.04 Million |
| 2022 | -0.75% | -1.15% | 0.22x | 2.99x | CN¥-645.65 Million |
| 2023 | -14.15% | -23.19% | 0.18x | 3.34x | CN¥-1.27 Billion |
| 2024 | -23.11% | -36.25% | 0.16x | 3.97x | CN¥-1.42 Billion |
Industry Comparison
This section compares Shaanxi Construction Machinery Co Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $24,697,124,640
- Average return on equity (ROE) among peers: 7.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Construction Machinery Co Ltd (600984) | CN¥4.38 Billion | 16.01% | 2.55x | $447.19 Million |
| Bohai Leasing Co Ltd (000415) | $48.77 Billion | 1.85% | 4.87x | $3.31 Billion |
| Zhejiang Huatie Constr Safety (603300) | $623.48 Million | 13.70% | 0.81x | $1.40 Billion |