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¥6.11 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. Also explore 601208 asset base for the complete picture of this company's asset 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. Check tangible net worth ratio of Sichuan Em Technology Co Ltd to evaluate the tangible quality of the company's equity base.
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 Sichuan Em Technology Co Ltd (601208) market capitalisation.
| 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 |
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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 |
|---|---|
|
LS Corp
KO:006260
|
$6.17 Billion |
|
Ford Otomotiv Sanayi AS
IS:FROTO
|
$6.18 Billion |
|
Accelleron Industries AG
SW:ACLN
|
$6.18 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
$6.18 Billion |
|
BILIBILI INC. DL -0001
F:71BB
|
$6.17 Billion |
|
Belite Bio Inc ADR
NASDAQ:BLTE
|
$6.17 Billion |
|
Zhaojin Mining Industry Company Limited
F:ZVL
|
$6.16 Billion |
|
GDS HLDGS LTD DL-00005
F:G401
|
$6.16 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: 7.04x
- 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 91.76x to 7.04x 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¥41.76 | x |
| 2009-12-31 | CN¥0.57 | CN¥41.76 | x |
| 2010-12-31 | CN¥0.86 | CN¥41.76 | x |
| 2011-12-31 | CN¥3.03 | CN¥41.76 | x |
| 2012-12-31 | CN¥2.71 | CN¥41.76 | x |
| 2013-12-31 | CN¥2.62 | CN¥41.76 | x |
| 2014-12-31 | CN¥2.78 | CN¥41.76 | x |
| 2015-12-31 | CN¥2.79 | CN¥41.76 | x |
| 2016-12-31 | CN¥2.95 | CN¥41.76 | x |
| 2017-12-31 | CN¥2.88 | CN¥41.76 | x |
| 2018-12-31 | CN¥2.81 | CN¥41.76 | x |
| 2019-12-31 | CN¥2.96 | CN¥41.76 | x |
| 2020-12-31 | CN¥3.21 | CN¥41.76 | x |
| 2021-12-31 | CN¥4.29 | CN¥41.76 | x |
| 2022-12-31 | CN¥4.67 | CN¥41.76 | x |
| 2023-12-31 | CN¥4.73 | CN¥41.76 | x |
| 2024-12-31 | CN¥4.77 | CN¥41.76 | x |
| 2025-12-31 | CN¥5.93 | CN¥41.76 | 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: $2,303,816,594
- Average return on equity (ROE) among peers: -30.78%
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 | $6.17 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $110.70 Million | 120.32% | 0.71x | $1.07 Billion |
| Sichuan Chemical Co Ltd (000155) | $13.13 Billion | 3.83% | 1.12x | $3.23 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.56 Billion | 4.43% | 0.36x | $12.48 Billion |
| Zangge Holding Co Ltd (000408) | $164.61 Million | 21.11% | 1.68x | $19.94 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $718.75 Million | 13.09% | 1.40x | $1.53 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $314.45 Million | 2.27% | 0.39x | $366.79 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $73.67 Million | -474.71% | 38.07x | $886.71 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $1.01 Billion | 10.39% | 2.73x | $374.88 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $758.08 Million | -11.00% | 2.16x | $292.12 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $4.21 Billion | 2.45% | 1.37x | $3.33 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