Shaanxi Construction Machinery Co Ltd Net Assets

Latest as of September 2025: CN¥4.38 Billion CNY ≈ $641.31 Million USD

Shaanxi Construction Machinery Co Ltd net assets. Based on the latest financial reports, Shaanxi Construction Machinery Co Ltd (600984) has net assets worth CN¥4.38 Billion CNY (≈ $641.31 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¥15.56 Billion ≈ $2.28 Billion USD) and total liabilities (CN¥11.18 Billion ≈ $1.64 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. Also explore 600984 net assets growth trend to track the company's year-over-year net asset growth rate.

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

Net Assets of Shaanxi Construction Machinery Co Ltd (2001–2024)

Net assets of Shaanxi Construction Machinery Co Ltd from 2001 to 2024. This chart illustrates how Shaanxi Construction Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shaanxi Construction Machinery Co Ltd balance sheet quality to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see Shaanxi Construction Machinery Co Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥4.28 Billion ≈ $625.89 Million	-18.73%
2023-12-31	CN¥5.26 Billion ≈ $770.10 Million	-12.44%
2022-12-31	CN¥6.01 Billion ≈ $879.46 Million	-1.47%
2021-12-31	CN¥6.10 Billion ≈ $892.62 Million	+4.84%
2020-12-31	CN¥5.82 Billion ≈ $851.38 Million	+52.98%
2019-12-31	CN¥3.80 Billion ≈ $556.55 Million	+12.36%
2018-12-31	CN¥3.38 Billion ≈ $495.31 Million	+5.09%
2017-12-31	CN¥3.22 Billion ≈ $471.33 Million	+0.84%
2016-12-31	CN¥3.19 Billion ≈ $467.40 Million	+2.77%
2015-12-31	CN¥3.11 Billion ≈ $454.78 Million	+426.78%
2014-12-31	CN¥589.98 Million ≈ $86.33 Million	-17.19%
2013-12-31	CN¥712.46 Million ≈ $104.26 Million	+144.33%
2012-12-31	CN¥291.60 Million ≈ $42.67 Million	+3.08%
2011-12-31	CN¥282.89 Million ≈ $41.40 Million	+3.97%
2010-12-31	CN¥272.07 Million ≈ $39.81 Million	+0.91%
2009-12-31	CN¥269.62 Million ≈ $39.45 Million	-6.57%
2008-12-31	CN¥288.57 Million ≈ $42.23 Million	-17.48%
2007-12-31	CN¥349.71 Million ≈ $51.17 Million	+1.58%
2006-12-31	CN¥344.28 Million ≈ $50.38 Million	-14.77%
2005-12-31	CN¥403.96 Million ≈ $59.11 Million	-16.18%
2004-12-31	CN¥481.92 Million ≈ $70.52 Million	+118.04%
2003-12-31	CN¥221.02 Million ≈ $32.34 Million	+18.79%
2002-12-31	CN¥186.05 Million ≈ $27.23 Million	+21.02%
2001-12-31	CN¥153.74 Million ≈ $22.50 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.

Shaanxi Construction Machinery Co Ltd Net Assets Breakdown (December 2024)

Shaanxi Construction Machinery Co Ltd net assets breakdown by equity component as of 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
Fundamenta Real Estate AG SW:FREN	$577.69 Million
D I Corp KO:003160	$577.71 Million
CK Power Public Company Limited BK:CKP	$577.72 Million
UEM Sunrise Bhd KLSE:5148	$577.86 Million
Bukit Uluwatu Villa Tbk JK:BUVA	$577.43 Million
Bouvet OL:BOUV	$577.35 Million
Hainan Expressway Co Ltd SHE:000886	$577.34 Million
COFCO Joycome Foods Limited F:0M7	$577.33 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: 0.92x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 3.75x to 0.92x 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¥3.14	x
2002-12-31	CN¥1.01	CN¥3.14	x
2003-12-31	CN¥1.20	CN¥3.14	x
2004-12-31	CN¥2.62	CN¥3.14	x
2005-12-31	CN¥2.20	CN¥3.14	x
2006-12-31	CN¥1.44	CN¥3.14	x
2007-12-31	CN¥1.46	CN¥3.14	x
2008-12-31	CN¥1.21	CN¥3.14	x
2009-12-31	CN¥1.13	CN¥3.14	x
2010-12-31	CN¥1.14	CN¥3.14	x
2011-12-31	CN¥1.18	CN¥3.14	x
2012-12-31	CN¥1.22	CN¥3.14	x
2013-12-31	CN¥2.20	CN¥3.14	x
2014-12-31	CN¥1.45	CN¥3.14	x
2015-12-31	CN¥5.23	CN¥3.14	x
2016-12-31	CN¥2.97	CN¥3.14	x
2017-12-31	CN¥3.89	CN¥3.14	x
2018-12-31	CN¥3.14	CN¥3.14	x
2019-12-31	CN¥3.53	CN¥3.14	x
2020-12-31	CN¥4.86	CN¥3.14	x
2021-12-31	CN¥4.85	CN¥3.14	x
2022-12-31	CN¥4.78	CN¥3.14	x
2023-12-31	CN¥4.19	CN¥3.14	x
2024-12-31	CN¥3.40	CN¥3.14	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: $27,557,350,771
Average return on equity (ROE) among peers: 8.73%

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	$577.59 Million
Bohai Leasing Co Ltd (000415)	$54.58 Billion	3.39%	3.87x	$4.22 Billion
Zhejiang Huatie Constr Safety (603300)	$538.09 Million	14.07%	0.97x	$1.27 Billion

About Shaanxi Construction Machinery Co Ltd

SHG:600984 China Rental & Leasing Services

Market Cap

$577.59 Million

CN¥3.95 Billion CNY

Market Cap Rank

#11261 Global

#3085 in China

Share Price

CN¥3.14

Change (1 day)

-2.48%

52-Week Range

CN¥3.13 - CN¥5.20

All Time High

CN¥23.36