Chongqing Sokon Ind Grp Co (601127) - Net Assets
Based on the latest financial reports, Chongqing Sokon Ind Grp Co (601127) has net assets worth CN¥28.73 Billion CNY (≈ $4.20 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¥121.51 Billion ≈ $17.78 Billion USD) and total liabilities (CN¥92.78 Billion ≈ $13.58 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 601127 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥28.73 Billion |
| % of Total Assets | 23.64% |
| Annual Growth Rate | 15.3% |
| 5-Year Change | 111.88% |
| 10-Year Change | 272.42% |
| Growth Volatility | 24.42 |
Chongqing Sokon Ind Grp Co - Net Assets Trend (2011–2024)
This chart illustrates how Chongqing Sokon Ind Grp Co's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Chongqing Sokon Ind Grp Co for the complete picture of this company's asset base.
Annual Net Assets for Chongqing Sokon Ind Grp Co (2011–2024)
The table below shows the annual net assets of Chongqing Sokon Ind Grp Co from 2011 to 2024. For live valuation and market cap data, see Chongqing Sokon Ind Grp Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.91 Billion ≈ $1.74 Billion |
+65.36% |
| 2023-12-31 | CN¥7.20 Billion ≈ $1.05 Billion |
-26.55% |
| 2022-12-31 | CN¥9.80 Billion ≈ $1.43 Billion |
+26.82% |
| 2021-12-31 | CN¥7.73 Billion ≈ $1.13 Billion |
+37.56% |
| 2020-12-31 | CN¥5.62 Billion ≈ $822.24 Million |
-28.45% |
| 2019-12-31 | CN¥7.85 Billion ≈ $1.15 Billion |
+9.17% |
| 2018-12-31 | CN¥7.19 Billion ≈ $1.05 Billion |
+23.53% |
| 2017-12-31 | CN¥5.82 Billion ≈ $852.24 Million |
+27.34% |
| 2016-12-31 | CN¥4.57 Billion ≈ $669.25 Million |
+43.06% |
| 2015-12-31 | CN¥3.20 Billion ≈ $467.80 Million |
+17.11% |
| 2014-12-31 | CN¥2.73 Billion ≈ $399.46 Million |
+10.48% |
| 2013-12-31 | CN¥2.47 Billion ≈ $361.57 Million |
+16.47% |
| 2012-12-31 | CN¥2.12 Billion ≈ $310.43 Million |
+13.50% |
| 2011-12-31 | CN¥1.87 Billion ≈ $273.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chongqing Sokon Ind Grp Co'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 581.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.51 Billion | 12.31% |
| Other Comprehensive Income | CN¥6.18 Billion | 50.41% |
| Other Components | CN¥7.24 Billion | 59.05% |
| Total Equity | CN¥12.26 Billion | 100.00% |
Chongqing Sokon Ind Grp Co Competitors by Market Cap
The table below lists competitors of Chongqing Sokon Ind Grp Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kuehne & Nagel
SW:KNIN
|
$21.22 Billion |
|
Guangdong Songfa Ceramics Co
SHG:603268
|
$21.24 Billion |
|
Quest Diagnostics Incorporated
NYSE:DGX
|
$21.24 Billion |
|
CRRC Corp Ltd Class A
SHG:601766
|
$21.25 Billion |
|
Laboratory Corporation of America Holdings
NYSE:LH
|
$21.21 Billion |
|
Royalty Pharma Plc
NASDAQ:RPRX
|
$21.19 Billion |
|
China Everbright Bank Co Ltd
SHG:601818
|
$21.19 Billion |
|
Wipro Limited
F:WIOA
|
$21.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Sokon Ind Grp Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,405,826,160 to 12,264,245,000, a change of 858,418,840 (7.5%).
- Net income of 5,945,945,000 contributed positively to equity growth.
- Dividend payments of 609,850,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,293,505,870.
- Other factors decreased equity by 5,771,182,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥5.95 Billion | +48.48% |
| Dividends Paid | CN¥609.85 Million | -4.97% |
| Other Comprehensive Income | CN¥1.29 Billion | +10.55% |
| Other Changes | CN¥-5.77 Billion | -47.06% |
| Total Change | CN¥- | 7.53% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Sokon Ind Grp Co'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: 10.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 46.32x to 10.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.92 | CN¥88.75 | x |
| 2012-12-31 | CN¥2.19 | CN¥88.75 | x |
| 2013-12-31 | CN¥2.58 | CN¥88.75 | x |
| 2014-12-31 | CN¥2.86 | CN¥88.75 | x |
| 2015-12-31 | CN¥3.49 | CN¥88.75 | x |
| 2016-12-31 | CN¥4.72 | CN¥88.75 | x |
| 2017-12-31 | CN¥5.28 | CN¥88.75 | x |
| 2018-12-31 | CN¥5.47 | CN¥88.75 | x |
| 2019-12-31 | CN¥5.94 | CN¥88.75 | x |
| 2020-12-31 | CN¥4.45 | CN¥88.75 | x |
| 2021-12-31 | CN¥6.02 | CN¥88.75 | x |
| 2022-12-31 | CN¥7.99 | CN¥88.75 | x |
| 2023-12-31 | CN¥7.59 | CN¥88.75 | x |
| 2024-12-31 | CN¥8.13 | CN¥88.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Sokon Ind Grp Co 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): 48.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.10%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 7.69x
- Recent ROE (48.48%) is above the historical average (5.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 34.44% | 4.98% | 1.11x | 6.25x | CN¥343.62 Million |
| 2012 | 22.34% | 4.62% | 0.84x | 5.74x | CN¥201.44 Million |
| 2013 | 18.99% | 4.41% | 0.81x | 5.28x | CN¥173.12 Million |
| 2014 | 14.01% | 3.19% | 0.86x | 5.11x | CN¥85.99 Million |
| 2015 | 14.35% | 3.53% | 0.85x | 4.79x | CN¥112.81 Million |
| 2016 | 13.34% | 3.17% | 0.82x | 5.15x | CN¥128.49 Million |
| 2017 | 15.34% | 3.30% | 0.92x | 5.02x | CN¥252.35 Million |
| 2018 | 1.83% | 0.47% | 0.76x | 5.09x | CN¥-426.50 Million |
| 2019 | 1.20% | 0.37% | 0.61x | 5.40x | CN¥-487.57 Million |
| 2020 | -33.48% | -12.09% | 0.54x | 5.09x | CN¥-2.24 Billion |
| 2021 | -22.91% | -10.91% | 0.52x | 4.02x | CN¥-2.62 Billion |
| 2022 | -33.55% | -11.24% | 0.72x | 4.12x | CN¥-4.97 Billion |
| 2023 | -21.48% | -6.83% | 0.70x | 4.49x | CN¥-3.59 Billion |
| 2024 | 48.48% | 4.10% | 1.54x | 7.69x | CN¥4.72 Billion |
Industry Comparison
This section compares Chongqing Sokon Ind Grp Co's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $17,408,759,329
- Average return on equity (ROE) among peers: -33.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Sokon Ind Grp Co (601127) | CN¥28.73 Billion | 34.44% | 3.23x | $21.21 Billion |
| Weichai Power Co Ltd Class A (000338) | $80.43 Billion | 11.47% | 2.37x | $30.91 Billion |
| Jiangling Motors Corp Ltd (000550) | $1.38 Billion | 3.14% | 2.33x | $1.42 Billion |
| Haima Automobile Group Co Ltd (000572) | $3.79 Billion | 12.92% | 1.18x | $1.35 Billion |
| Chongqing Changan Automobile Co Ltd (000625) | $74.68 Billion | 15.17% | 1.55x | $11.53 Billion |
| Faw Car Co Ltd (000800) | $3.22 Billion | 12.55% | 0.49x | $4.85 Billion |
| Anhui Ankai Automobile Co Ltd (000868) | $788.35 Million | 9.30% | 2.22x | $613.16 Million |
| Kunming Yunnei Power Co Ltd (000903) | $2.58 Billion | 1.55% | 0.72x | $620.05 Million |
| Zhejiang Qianjiang Motorcycle Co Ltd (000913) | $2.52 Billion | 2.52% | 0.74x | $1.04 Billion |
| Zotye Automobile Co Ltd (000980) | $240.46 Million | -416.07% | 14.00x | $1.86 Billion |
| Yinyi Real Estate Co Ltd (000981) | $4.45 Billion | 14.29% | 4.40x | $5.62 Billion |
About Chongqing Sokon Ind Grp Co
Seres Group Co.,Ltd. engages in the research and development, production, sales, and servicing of new energy vehicles and components in China and internationally. It offers vehicles, powertrains, batteries, and electric motors. The company was formerly known as Chongqing Sokon Industry Group Stock Co.,Ltd. and changed its name to Seres Group Co.,Ltd. in July 2022. Seres Group Co.,Ltd. was founded… Read more