Sailun Jinyu Group Co Ltd (601058) - Net Assets
Based on the latest financial reports, Sailun Jinyu Group Co Ltd (601058) has net assets worth CN¥22.79 Billion CNY (≈ $3.34 Billion 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¥45.83 Billion ≈ $6.71 Billion USD) and total liabilities (CN¥23.03 Billion ≈ $3.37 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 Sailun Jinyu Group Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥22.79 Billion |
| % of Total Assets | 49.74% |
| Annual Growth Rate | 31.35% |
| 5-Year Change | 133.5% |
| 10-Year Change | 369.88% |
| Growth Volatility | 51.29 |
Sailun Jinyu Group Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Sailun Jinyu Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 601058 asset base for the complete picture of this company's asset base.
Annual Net Assets for Sailun Jinyu Group Co Ltd (2006–2024)
The table below shows the annual net assets of Sailun Jinyu Group Co Ltd from 2006 to 2024. For live valuation and market cap data, see Sailun Jinyu Group Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥20.57 Billion ≈ $3.01 Billion |
+33.24% |
| 2023-12-31 | CN¥15.44 Billion ≈ $2.26 Billion |
+20.99% |
| 2022-12-31 | CN¥12.76 Billion ≈ $1.87 Billion |
+14.57% |
| 2021-12-31 | CN¥11.14 Billion ≈ $1.63 Billion |
+26.42% |
| 2020-12-31 | CN¥8.81 Billion ≈ $1.29 Billion |
+18.91% |
| 2019-12-31 | CN¥7.41 Billion ≈ $1.08 Billion |
+17.28% |
| 2018-12-31 | CN¥6.32 Billion ≈ $924.46 Million |
+5.77% |
| 2017-12-31 | CN¥5.97 Billion ≈ $874.01 Million |
+31.24% |
| 2016-12-31 | CN¥4.55 Billion ≈ $665.97 Million |
+3.95% |
| 2015-12-31 | CN¥4.38 Billion ≈ $640.65 Million |
+0.31% |
| 2014-12-31 | CN¥4.36 Billion ≈ $638.69 Million |
+53.20% |
| 2013-12-31 | CN¥2.85 Billion ≈ $416.90 Million |
+43.29% |
| 2012-12-31 | CN¥1.99 Billion ≈ $290.94 Million |
+8.11% |
| 2011-12-31 | CN¥1.84 Billion ≈ $269.11 Million |
+65.53% |
| 2010-12-31 | CN¥1.11 Billion ≈ $162.58 Million |
+11.35% |
| 2009-12-31 | CN¥997.77 Million ≈ $146.01 Million |
+91.54% |
| 2008-12-31 | CN¥520.93 Million ≈ $76.23 Million |
+5.27% |
| 2007-12-31 | CN¥494.86 Million ≈ $72.41 Million |
+225.99% |
| 2006-12-31 | CN¥151.80 Million ≈ $22.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sailun Jinyu Group 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 91430.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥10.99 Billion | 56.32% |
| Common Stock | CN¥3.29 Billion | 16.85% |
| Other Components | CN¥5.23 Billion | 26.82% |
| Total Equity | CN¥19.51 Billion | 100.00% |
Sailun Jinyu Group Co Ltd Competitors by Market Cap
The table below lists competitors of Sailun Jinyu Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Geovis Technology Co Ltd
SHG:688568
|
$6.70 Billion |
|
KINGFISHER ADR/2 LS-1571
F:KFI2
|
$6.70 Billion |
|
FRONTLINE PLC DL 1
F:HF6
|
$6.70 Billion |
|
CPI Property Group S.A
F:O5G
|
$6.71 Billion |
|
Northam Platinum Holdings Ltd
JSE:NPH
|
$6.70 Billion |
|
Sartorius Aktiengesellschaft
F:SRT
|
$6.69 Billion |
|
Yunnan Lincang Xinyuan Germanium Industrial Co Ltd
SHE:002428
|
$6.69 Billion |
|
Shenghe Resources Holding Co Ltd
SHG:600392
|
$6.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sailun Jinyu Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,853,212,026 to 19,509,382,491, a change of 4,656,170,465 (31.3%).
- Net income of 4,062,674,000 contributed positively to equity growth.
- Dividend payments of 1,418,547,000 reduced retained earnings.
- Other factors increased equity by 2,012,043,465.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.06 Billion | +20.82% |
| Dividends Paid | CN¥1.42 Billion | -7.27% |
| Other Changes | CN¥2.01 Billion | +10.31% |
| Total Change | CN¥- | 31.35% |
Book Value vs Market Value Analysis
This analysis compares Sailun Jinyu Group 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: 2.32x
- 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 45.03x to 2.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.31 | CN¥13.92 | x |
| 2007-12-31 | CN¥0.76 | CN¥13.92 | x |
| 2008-12-31 | CN¥0.59 | CN¥13.92 | x |
| 2009-12-31 | CN¥0.95 | CN¥13.92 | x |
| 2010-12-31 | CN¥0.89 | CN¥13.92 | x |
| 2011-12-31 | CN¥1.27 | CN¥13.92 | x |
| 2012-12-31 | CN¥1.17 | CN¥13.92 | x |
| 2013-12-31 | CN¥1.71 | CN¥13.92 | x |
| 2014-12-31 | CN¥2.13 | CN¥13.92 | x |
| 2015-12-31 | CN¥1.76 | CN¥13.92 | x |
| 2016-12-31 | CN¥2.00 | CN¥13.92 | x |
| 2017-12-31 | CN¥2.53 | CN¥13.92 | x |
| 2018-12-31 | CN¥2.36 | CN¥13.92 | x |
| 2019-12-31 | CN¥2.72 | CN¥13.92 | x |
| 2020-12-31 | CN¥3.13 | CN¥13.92 | x |
| 2021-12-31 | CN¥3.68 | CN¥13.92 | x |
| 2022-12-31 | CN¥3.95 | CN¥13.92 | x |
| 2023-12-31 | CN¥4.71 | CN¥13.92 | x |
| 2024-12-31 | CN¥6.00 | CN¥13.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sailun Jinyu Group 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): 20.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.77%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.06x
- Recent ROE (20.82%) is above the historical average (10.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 8.82% | 2.24% | 0.77x | 5.10x | CN¥-1.79 Million |
| 2007 | 10.77% | 4.55% | 0.80x | 2.95x | CN¥3.80 Million |
| 2008 | 5.05% | 1.40% | 0.95x | 3.80x | CN¥-25.79 Million |
| 2009 | 12.47% | 4.88% | 0.85x | 2.99x | CN¥24.60 Million |
| 2010 | 10.19% | 2.80% | 1.03x | 3.55x | CN¥2.16 Million |
| 2011 | 5.71% | 1.64% | 1.35x | 2.58x | CN¥-78.95 Million |
| 2012 | 8.17% | 2.27% | 0.98x | 3.69x | CN¥-35.83 Million |
| 2013 | 8.64% | 3.05% | 0.96x | 2.93x | CN¥-38.58 Million |
| 2014 | 7.89% | 3.00% | 0.80x | 3.28x | CN¥-89.22 Million |
| 2015 | 4.55% | 1.98% | 0.75x | 3.06x | CN¥-231.36 Million |
| 2016 | 7.99% | 3.25% | 0.86x | 2.85x | CN¥-90.98 Million |
| 2017 | 5.53% | 2.39% | 0.92x | 2.52x | CN¥-266.82 Million |
| 2018 | 10.59% | 4.88% | 0.90x | 2.42x | CN¥37.29 Million |
| 2019 | 16.91% | 7.90% | 0.85x | 2.53x | CN¥488.40 Million |
| 2020 | 17.63% | 9.68% | 0.73x | 2.49x | CN¥645.27 Million |
| 2021 | 12.24% | 7.29% | 0.69x | 2.44x | CN¥239.92 Million |
| 2022 | 10.90% | 6.08% | 0.74x | 2.43x | CN¥110.20 Million |
| 2023 | 20.81% | 11.90% | 0.77x | 2.27x | CN¥1.61 Billion |
| 2024 | 20.82% | 12.77% | 0.79x | 2.06x | CN¥2.11 Billion |
Industry Comparison
This section compares Sailun Jinyu Group Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,314,550,990
- Average return on equity (ROE) among peers: 5.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sailun Jinyu Group Co Ltd (601058) | CN¥22.79 Billion | 8.82% | 1.01x | $6.70 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $5.30 Billion | 9.49% | 0.52x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $4.12 Billion | 11.29% | 1.14x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $5.34 Billion | 22.56% | 0.48x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $3.72 Billion | 3.64% | 1.83x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.08 Billion | -8.46% | 3.69x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $-125.97 Million | 0.00% | 0.00x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.27 Billion | 0.97% | 1.13x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.37 Billion | 13.37% | 1.95x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $-733.97 Million | 0.00% | 0.00x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $797.13 Million | 4.24% | 1.03x | $3.35 Billion |
About Sailun Jinyu Group Co Ltd
Sailun Group Co., Ltd. engages in the research and development, manufacturing, and sale of tires and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally. The company offers semi-steel radial tires, all-steel radial tires, and off-road tires that are used in passenger cars, light trucks, large buses, trucks, construction machinery, special vehicles, and o… Read more