Sichuan Em Technology Co Ltd (601208) - Net Assets

Latest as of March 2026: CN¥6.11 Billion CNY ≈ $893.62 Million USD

Based on the latest financial reports, Sichuan Em Technology Co Ltd (601208) has net assets worth CN¥6.11 Billion CNY (≈ $893.62 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¥11.08 Billion ≈ $1.62 Billion USD) and total liabilities (CN¥4.98 Billion ≈ $728.30 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 601208 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.11 Billion
% of Total Assets	55.1%
Annual Growth Rate	20.06%
5-Year Change	65.78%
10-Year Change	158.03%
Growth Volatility	74.74

Sichuan Em Technology Co Ltd - Net Assets Trend (2008–2025)

This chart illustrates how Sichuan Em Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Sichuan Em Technology Co Ltd (601208) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sichuan Em Technology Co Ltd (2008–2025)

The table below shows the annual net assets of Sichuan Em Technology Co Ltd from 2008 to 2025. For live valuation and market cap data, see 601208 market cap.

Year	Net Assets	Change
2025-12-31	CN¥6.14 Billion ≈ $898.28 Million	+31.73%
2024-12-31	CN¥4.66 Billion ≈ $681.92 Million	-1.10%
2023-12-31	CN¥4.71 Billion ≈ $689.50 Million	+7.89%
2022-12-31	CN¥4.37 Billion ≈ $639.08 Million	+17.95%
2021-12-31	CN¥3.70 Billion ≈ $541.84 Million	+45.23%
2020-12-31	CN¥2.55 Billion ≈ $373.09 Million	+9.04%
2019-12-31	CN¥2.34 Billion ≈ $342.15 Million	-1.16%
2018-12-31	CN¥2.37 Billion ≈ $346.18 Million	+1.01%
2017-12-31	CN¥2.34 Billion ≈ $342.71 Million	-1.56%
2016-12-31	CN¥2.38 Billion ≈ $348.13 Million	+2.81%
2015-12-31	CN¥2.31 Billion ≈ $338.60 Million	+3.55%
2014-12-31	CN¥2.23 Billion ≈ $327.01 Million	+6.24%
2013-12-31	CN¥2.10 Billion ≈ $307.79 Million	-2.46%
2012-12-31	CN¥2.16 Billion ≈ $315.56 Million	-0.88%
2011-12-31	CN¥2.18 Billion ≈ $318.35 Million	+322.37%
2010-12-31	CN¥515.09 Million ≈ $75.37 Million	+49.44%
2009-12-31	CN¥344.68 Million ≈ $50.44 Million	+25.53%
2008-12-31	CN¥274.57 Million ≈ $40.18 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sichuan Em Technology 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 1490.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.58 Billion	26.19%
Other Components	CN¥4.46 Billion	73.81%
Total Equity	CN¥6.04 Billion	100.00%

Sichuan Em Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Sichuan Em Technology Co Ltd ranked by their market capitalization.

Company	Market Cap
Webster Financial Corporation NYSE:WBS	$11.06 Billion
VERBUND AG VI:VER	$11.07 Billion
Leonardo DRS, Inc. Common Stock NASDAQ:DRS	$11.07 Billion
Western Mining Co Ltd SHG:601168	$11.07 Billion
WOORI FIN. GRP SP.ADR/3 F:2WGA	$11.06 Billion
Ruijie Networks Co. Ltd. A SHE:301165	$11.05 Billion
CSPC PHARMACEUT.GR. ADR4 F:CVGU	$11.04 Billion
Hyundai Heavy Industries Holdings Co Ltd KO:267250	$11.04 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sichuan Em Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,541,883,313 to 6,042,309,669, a change of 1,500,426,356 (33.0%).
Net income of 285,439,808 contributed positively to equity growth.
Dividend payments of 150,815,335 reduced retained earnings.
Other factors increased equity by 1,365,801,883.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥285.44 Million	+4.72%
Dividends Paid	CN¥150.82 Million	-2.5%
Other Changes	CN¥1.37 Billion	+22.6%
Total Change	CN¥-	33.04%

Book Value vs Market Value Analysis

This analysis compares Sichuan Em Technology 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: 12.61x
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 164.43x to 12.61x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	CN¥0.46	CN¥74.83	x
2009-12-31	CN¥0.57	CN¥74.83	x
2010-12-31	CN¥0.86	CN¥74.83	x
2011-12-31	CN¥3.03	CN¥74.83	x
2012-12-31	CN¥2.71	CN¥74.83	x
2013-12-31	CN¥2.62	CN¥74.83	x
2014-12-31	CN¥2.78	CN¥74.83	x
2015-12-31	CN¥2.79	CN¥74.83	x
2016-12-31	CN¥2.95	CN¥74.83	x
2017-12-31	CN¥2.88	CN¥74.83	x
2018-12-31	CN¥2.81	CN¥74.83	x
2019-12-31	CN¥2.96	CN¥74.83	x
2020-12-31	CN¥3.21	CN¥74.83	x
2021-12-31	CN¥4.29	CN¥74.83	x
2022-12-31	CN¥4.67	CN¥74.83	x
2023-12-31	CN¥4.73	CN¥74.83	x
2024-12-31	CN¥4.77	CN¥74.83	x
2025-12-31	CN¥5.93	CN¥74.83	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sichuan Em Technology 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): 4.72%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.51%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.87x
Recent ROE (4.72%) is below the historical average (9.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	22.82%	8.76%	1.01x	2.57x	CN¥34.93 Million
2009	25.43%	12.84%	0.85x	2.33x	CN¥52.91 Million
2010	35.86%	17.98%	1.06x	1.89x	CN¥131.38 Million
2011	10.16%	17.47%	0.51x	1.14x	CN¥3.51 Million
2012	6.25%	12.92%	0.43x	1.12x	CN¥-80.42 Million
2013	3.23%	6.19%	0.45x	1.17x	CN¥-141.79 Million
2014	7.48%	11.51%	0.48x	1.34x	CN¥-55.84 Million
2015	2.76%	4.34%	0.42x	1.50x	CN¥-160.66 Million
2016	1.83%	2.49%	0.54x	1.35x	CN¥-186.38 Million
2017	4.28%	5.73%	0.58x	1.30x	CN¥-132.87 Million
2018	1.37%	1.96%	0.52x	1.35x	CN¥-202.92 Million
2019	3.14%	4.20%	0.54x	1.39x	CN¥-159.54 Million
2020	6.97%	9.33%	0.45x	1.67x	CN¥-76.26 Million
2021	9.32%	10.29%	0.53x	1.70x	CN¥-24.57 Million
2022	9.86%	11.40%	0.40x	2.15x	CN¥-6.10 Million
2023	7.14%	8.73%	0.38x	2.17x	CN¥-130.55 Million
2024	3.99%	4.05%	0.43x	2.30x	CN¥-273.17 Million
2025	4.72%	5.51%	0.46x	1.87x	CN¥-318.79 Million

Industry Comparison

This section compares Sichuan Em Technology Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $4,238,970,200
Average return on equity (ROE) among peers: 9.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sichuan Em Technology Co Ltd (601208)	CN¥6.11 Billion	22.82%	0.82x	$11.06 Billion
North Huajin Chemical Industries Co Ltd (000059)	$14.98 Billion	0.47%	1.13x	$940.88 Million
Sichuan Chemical Co Ltd (000155)	$505.75 Million	22.40%	1.18x	$3.48 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$2.69 Billion	5.91%	0.33x	$11.21 Billion
Zangge Holding Co Ltd (000408)	$6.53 Billion	18.58%	0.19x	$17.56 Billion
Sichuan Jinlu Group Co Ltd (000510)	$754.79 Million	9.90%	0.56x	$2.10 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$2.05 Billion	4.97%	0.52x	$348.02 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$674.19 Million	1.08%	0.85x	$891.94 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$2.90 Billion	3.79%	0.15x	$376.61 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$771.01 Million	16.41%	0.10x	$286.04 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$10.53 Billion	6.76%	1.09x	$3.42 Billion

About Sichuan Em Technology Co Ltd

SHG:601208 China Chemicals

Market Cap

$11.06 Billion

CN¥75.59 Billion CNY

Market Cap Rank

#2111 Global

#241 in China

Share Price

CN¥74.83

Change (1 day)

+2.23%

52-Week Range

CN¥9.22 - CN¥74.83

All Time High

CN¥74.83