Sichuan Em Technology Co Ltd (601208) - Net Assets
Based on the latest financial reports, Sichuan Em Technology Co Ltd (601208) has net assets worth CN¥6.13 Billion CNY (≈ $896.95 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¥11.22 Billion ≈ $1.64 Billion USD) and total liabilities (CN¥5.09 Billion ≈ $744.36 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 Sichuan Em Technology Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.13 Billion |
| % of Total Assets | 54.65% |
| Annual Growth Rate | 19.36% |
| 5-Year Change | 82.78% |
| 10-Year Change | 101.39% |
| Growth Volatility | 77.04 |
Sichuan Em Technology Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Sichuan Em Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sichuan Em Technology Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Sichuan Em Technology Co Ltd (2008–2024)
The table below shows the annual net assets of Sichuan Em Technology Co Ltd from 2008 to 2024. For live valuation and market cap data, see 601208 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 1295.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.39 Billion | 30.56% |
| Common Stock | CN¥896.78 Million | 19.74% |
| Other Components | CN¥2.26 Billion | 49.70% |
| Total Equity | CN¥4.54 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 |
|---|---|
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
$6.07 Billion |
|
Bezeq Israeli Telecommunication Corp Ltd
TA:BEZQ
|
$6.07 Billion |
|
Amentum Holdings Inc.
NYSE:AMTM
|
$6.07 Billion |
|
Ningbo Joyson Electronic Corp
SHG:600699
|
$6.07 Billion |
|
Janus Henderson Group PLC
F:HDJA
|
$6.06 Billion |
|
Vornado Realty Trust
NYSE:VNO
|
$6.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
$6.05 Billion |
|
Ternium S.A
F:T5Z
|
$6.05 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 2023 to 2024, total equity changed from 4,569,530,211 to 4,541,883,313, a change of -27,646,898 (-0.6%).
- Net income of 181,022,643 contributed positively to equity growth.
- Dividend payments of 224,298,260 reduced retained earnings.
- Share repurchases of 124,169,191 reduced equity.
- Other factors increased equity by 139,797,910.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥181.02 Million | +3.99% |
| Dividends Paid | CN¥224.30 Million | -4.94% |
| Share Repurchases | CN¥124.17 Million | -2.73% |
| Other Changes | CN¥139.80 Million | +3.08% |
| Total Change | CN¥- | -0.61% |
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: 8.61x
- 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 90.20x to 8.61x 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¥41.05 | x |
| 2009-12-31 | CN¥0.57 | CN¥41.05 | x |
| 2010-12-31 | CN¥0.86 | CN¥41.05 | x |
| 2011-12-31 | CN¥3.03 | CN¥41.05 | x |
| 2012-12-31 | CN¥2.71 | CN¥41.05 | x |
| 2013-12-31 | CN¥2.62 | CN¥41.05 | x |
| 2014-12-31 | CN¥2.78 | CN¥41.05 | x |
| 2015-12-31 | CN¥2.79 | CN¥41.05 | x |
| 2016-12-31 | CN¥2.95 | CN¥41.05 | x |
| 2017-12-31 | CN¥2.88 | CN¥41.05 | x |
| 2018-12-31 | CN¥2.81 | CN¥41.05 | x |
| 2019-12-31 | CN¥2.96 | CN¥41.05 | x |
| 2020-12-31 | CN¥3.21 | CN¥41.05 | x |
| 2021-12-31 | CN¥4.29 | CN¥41.05 | x |
| 2022-12-31 | CN¥4.67 | CN¥41.05 | x |
| 2023-12-31 | CN¥4.73 | CN¥41.05 | x |
| 2024-12-31 | CN¥4.77 | CN¥41.05 | 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): 3.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.05%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.30x
- Recent ROE (3.99%) is below the historical average (9.52%), 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 |
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: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Em Technology Co Ltd (601208) | CN¥6.13 Billion | 22.82% | 0.83x | $6.07 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Sichuan Em Technology Co Ltd
Sichuan Em Technology Co., Ltd. engages in the research, development, manufacture, and sale of new chemical materials worldwide. The company offers optical PET base films for automotive decoration, polarizer, touch module, industrial, and backlight module; multi-layer ceramic capacitors release base films, and dry films; and both sides coated PET base film for reflective film of biafacial glass m… Read more