Sinomach Heavy Equipment Group Co Ltd (601399) - Net Assets

Latest as of September 2025: CN¥15.48 Billion CNY ≈ $2.26 Billion USD

Based on the latest financial reports, Sinomach Heavy Equipment Group Co Ltd (601399) has net assets worth CN¥15.48 Billion CNY (≈ $2.26 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¥34.46 Billion ≈ $5.04 Billion USD) and total liabilities (CN¥18.98 Billion ≈ $2.78 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 financial resilience of Sinomach Heavy Equipment Group Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥15.48 Billion
% of Total Assets 44.92%
Annual Growth Rate 14.67%
5-Year Change 14.06%
10-Year Change 3724.92%
Growth Volatility 140.91

Sinomach Heavy Equipment Group Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Sinomach Heavy Equipment Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sinomach Heavy Equipment Group Co Ltd total assets for the complete picture of this company's asset base.

Annual Net Assets for Sinomach Heavy Equipment Group Co Ltd (2005–2024)

The table below shows the annual net assets of Sinomach Heavy Equipment Group Co Ltd from 2005 to 2024. For live valuation and market cap data, see market value of Sinomach Heavy Equipment Group Co Ltd.

Year Net Assets Change
2024-12-31 CN¥15.05 Billion
≈ $2.20 Billion		 +3.62%
2023-12-31 CN¥14.53 Billion
≈ $2.13 Billion		 +3.55%
2022-12-31 CN¥14.03 Billion
≈ $2.05 Billion		 +4.52%
2021-12-31 CN¥13.42 Billion
≈ $1.96 Billion		 +1.70%
2020-12-31 CN¥13.20 Billion
≈ $1.93 Billion		 +2.33%
2019-12-31 CN¥12.90 Billion
≈ $1.89 Billion		 +6.92%
2018-12-31 CN¥12.06 Billion
≈ $1.77 Billion		 +171.21%
2017-12-31 CN¥4.45 Billion
≈ $650.89 Million		 +172.17%
2016-12-31 CN¥1.63 Billion
≈ $239.15 Million		 +315.21%
2015-12-31 CN¥393.60 Million
≈ $57.60 Million		 +106.48%
2014-12-31 CN¥-6.08 Billion
≈ $-889.08 Million		 -434.31%
2013-12-31 CN¥1.82 Billion
≈ $265.94 Million		 -63.78%
2012-12-31 CN¥5.02 Billion
≈ $734.17 Million		 -7.43%
2011-12-31 CN¥5.42 Billion
≈ $793.08 Million		 -4.37%
2010-12-31 CN¥5.67 Billion
≈ $829.34 Million		 +95.94%
2009-12-31 CN¥2.89 Billion
≈ $423.25 Million		 +15.63%
2008-12-31 CN¥2.50 Billion
≈ $366.05 Million		 +8.90%
2007-12-31 CN¥2.30 Billion
≈ $336.12 Million		 +64.14%
2006-12-31 CN¥1.40 Billion
≈ $204.78 Million		 +25.36%
2005-12-31 CN¥1.12 Billion
≈ $163.35 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Sinomach Heavy Equipment 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 decreased by 817337533336.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥7.21 Billion 50.12%
Other Comprehensive Income CN¥604.24 Million 4.20%
Other Components CN¥14.80 Billion 102.83%
Total Equity CN¥14.39 Billion 100.00%

Sinomach Heavy Equipment Group Co Ltd Competitors by Market Cap

The table below lists competitors of Sinomach Heavy Equipment Group Co Ltd ranked by their market capitalization.

Company Market Cap
CENTESSA PHARMACEUTICALS
F:260
 $4.54 Billion
LG Display Co Ltd
NYSE:LPL
 $4.54 Billion
BARRATT DEVEL. UNSP.ADR/2
F:3BAA
 $4.54 Billion
Amicus Therapeutics Inc
NASDAQ:FOLD
 $4.54 Billion
RadNet Inc
NASDAQ:RDNT
 $4.54 Billion
LG Uplus
KO:032640
 $4.54 Billion
First Financial Bankshares Inc
NASDAQ:FFIN
 $4.54 Billion
Hangzhou Hangyang Co Ltd
SHE:002430
 $4.54 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sinomach Heavy Equipment Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 13,905,186,003 to 14,393,105,421, a change of 487,919,418 (3.5%).
  • Net income of 431,841,439 contributed positively to equity growth.
  • Dividend payments of 12,279,215 reduced retained earnings.
  • Other comprehensive income increased equity by 604,240,337.
  • Other factors decreased equity by 535,883,143.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥431.84 Million +3.0%
Dividends Paid CN¥12.28 Million -0.09%
Other Comprehensive Income CN¥604.24 Million +4.2%
Other Changes CN¥-535.88 Million -3.72%
Total Change CN¥- 3.51%

Book Value vs Market Value Analysis

This analysis compares Sinomach Heavy Equipment 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: 2.15x
  • 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 4.45x to 2.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 CN¥0.97 CN¥4.30 x
2006-12-31 CN¥1.11 CN¥4.30 x
2007-12-31 CN¥1.63 CN¥4.30 x
2008-12-31 CN¥1.76 CN¥4.30 x
2009-12-31 CN¥2.04 CN¥4.30 x
2010-12-31 CN¥3.37 CN¥4.30 x
2011-12-31 CN¥3.06 CN¥4.30 x
2012-12-31 CN¥2.97 CN¥4.30 x
2013-12-31 CN¥0.79 CN¥4.30 x
2014-12-31 CN¥-2.65 CN¥4.30 x
2015-12-31 CN¥0.12 CN¥4.30 x
2016-12-31 CN¥0.14 CN¥4.30 x
2017-12-31 CN¥0.77 CN¥4.30 x
2018-12-31 CN¥2.20 CN¥4.30 x
2019-12-31 CN¥1.70 CN¥4.30 x
2020-12-31 CN¥1.74 CN¥4.30 x
2021-12-31 CN¥1.77 CN¥4.30 x
2022-12-31 CN¥1.86 CN¥4.30 x
2023-12-31 CN¥1.93 CN¥4.30 x
2024-12-31 CN¥2.00 CN¥4.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sinomach Heavy Equipment 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): 3.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.41%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 2.30x
  • Recent ROE (3.00%) is above the historical average (-3.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 0.58% 0.21% 0.50x 5.40x CN¥-104.92 Million
2006 7.65% 2.57% 0.59x 5.06x CN¥-32.87 Million
2007 17.90% 7.52% 0.54x 4.40x CN¥181.24 Million
2008 14.14% 4.62% 0.49x 6.23x CN¥101.49 Million
2009 13.41% 5.06% 0.42x 6.27x CN¥96.77 Million
2010 4.99% 4.18% 0.32x 3.71x CN¥-281.20 Million
2011 -2.61% -1.94% 0.32x 4.26x CN¥-676.13 Million
2012 -57.59% -72.44% 0.18x 4.31x CN¥-3.39 Billion
2013 -176.56% -65.49% 0.25x 10.96x CN¥-3.39 Billion
2014 0.00% -202.14% 0.26x 0.00x CN¥-7.29 Billion
2015 23.85% 3.74% 0.18x 35.12x CN¥54.52 Million
2016 47.80% 10.85% 0.25x 17.65x CN¥283.36 Million
2017 17.85% 10.02% 0.30x 5.99x CN¥316.76 Million
2018 4.16% 5.06% 0.33x 2.45x CN¥-676.67 Million
2019 4.04% 5.38% 0.33x 2.25x CN¥-736.01 Million
2020 2.67% 3.82% 0.32x 2.17x CN¥-927.34 Million
2021 3.07% 4.15% 0.34x 2.19x CN¥-890.94 Million
2022 3.00% 4.18% 0.34x 2.12x CN¥-938.76 Million
2023 3.10% 3.83% 0.37x 2.16x CN¥-959.87 Million
2024 3.00% 3.41% 0.38x 2.30x CN¥-1.01 Billion

Industry Comparison

This section compares Sinomach Heavy Equipment Group Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $2,206,877,606
  • Average return on equity (ROE) among peers: 6.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sinomach Heavy Equipment Group Co Ltd (601399) CN¥15.48 Billion 0.58% 1.23x $4.54 Billion
China International Marine Containers Group Ltd (000039) $8.33 Billion 28.67% 1.03x $4.50 Billion
Xinjiang Hejin Holding Co Ltd (000633) $160.61 Million -26.29% 0.37x $384.89 Million
Guangdong Jingyi Metal Co Ltd (002295) $1.07 Billion 0.86% 0.44x $410.37 Million
Shanghai Xinpeng Industry Co Ltd (002328) $329.96 Million 28.81% 0.69x $1.20 Billion
Beijing Lier High Temperature Materials Co Ltd (002392) $3.45 Billion 9.66% 0.50x $1.73 Billion
Suzhou Victory Precision Manufacture Co Ltd (002426) $1.29 Billion 10.75% 0.38x $1.90 Billion
Dajin Heavy Industry Corp (002487) $1.51 Billion 2.42% 0.28x $8.04 Billion
Jiangsu Boamax Technologies Group Co Ltd (002514) $860.67 Million 4.61% 0.86x $340.32 Million
Guangzheng Group Co Ltd (002524) $1.03 Billion 0.15% 0.92x $334.06 Million
Anhui Honglu Steel Construction Group Co Ltd (002541) $4.03 Billion 5.20% 1.12x $1.96 Billion

About Sinomach Heavy Equipment Group Co Ltd

SHG:601399 China Metal Fabrication
Market Cap
$4.54 Billion
CN¥31.02 Billion CNY
Market Cap Rank
#3844 Global
#637 in China
Share Price
CN¥4.30
Change (1 day)
+0.23%
52-Week Range
CN¥2.90 - CN¥6.41
All Time High
CN¥6.41
Categories
Companies in China Metal Fabrication
About

SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD researches, develops, designs, manufactures, and sells technical and heavy equipment in China and internationally. The company offers complete sets of equipment, including forging press, hot continuous rolling mill, rubber bladder press, cold rolling mill, new-type slag vertical mill, forging four-beam bridge crane, free forging hydraulic press, wide-and-thi… Read more