Senci Electric Machinery Co Ltd
Senci Electric Machinery Co.,Ltd. develops, manufactures, and sells small engines and electric alternators in China and internationally. The company offers inverter, gasoline, welding, and diesel generator; industrial diesel generator set, pressure washer, water pump, engine, garden tools, and other alternator equipment. It supplies its products under Senci brand name. Senci Electric Machinery Co… Read more
Senci Electric Machinery Co Ltd (603109) - Net Assets
Latest net assets as of September 2025: CN¥1.99 Billion CNY
Based on the latest financial reports, Senci Electric Machinery Co Ltd (603109) has net assets worth CN¥1.99 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.65 Billion) and total liabilities (CN¥1.66 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.99 Billion |
| % of Total Assets | 54.45% |
| Annual Growth Rate | 17.98% |
| 5-Year Change | 44.77% |
| 10-Year Change | 417.36% |
| Growth Volatility | 27.8 |
Senci Electric Machinery Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Senci Electric Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Senci Electric Machinery Co Ltd (2013–2024)
The table below shows the annual net assets of Senci Electric Machinery Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.91 Billion | +5.65% |
| 2023-12-31 | CN¥1.81 Billion | +8.74% |
| 2022-12-31 | CN¥1.66 Billion | +12.08% |
| 2021-12-31 | CN¥1.48 Billion | +12.43% |
| 2020-12-31 | CN¥1.32 Billion | +5.33% |
| 2019-12-31 | CN¥1.25 Billion | +106.26% |
| 2018-12-31 | CN¥607.20 Million | +24.36% |
| 2017-12-31 | CN¥488.25 Million | +18.19% |
| 2016-12-31 | CN¥413.09 Million | +11.91% |
| 2015-12-31 | CN¥369.13 Million | +15.49% |
| 2014-12-31 | CN¥319.61 Million | +3.19% |
| 2013-12-31 | CN¥309.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Senci Electric Machinery 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 1222.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.06 Billion | 55.39% |
| Common Stock | CN¥208.86 Million | 10.94% |
| Other Components | CN¥643.15 Million | 33.68% |
| Total Equity | CN¥1.91 Billion | 100.00% |
Senci Electric Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Senci Electric Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Broadleaf Co. Ltd
PINK:BRDLF
|
$269.57 Million |
|
Beibu Gulf Tourism Corp Ltd
SHG:603869
|
$269.65 Million |
|
Yantai Zhenghai Bio-Tech Co Ltd
SHE:300653
|
$269.66 Million |
|
PHOENIX N AG
SW:PMN
|
$269.66 Million |
|
Nanjing Zhongbei Group Co Ltd
SHE:000421
|
$269.49 Million |
|
GoldMining Inc
NYSE MKT:GLDG
|
$269.41 Million |
|
TWFG, Inc. Class A Common Stock
NASDAQ:TWFG
|
$269.40 Million |
|
Frequency Electronics Inc
NASDAQ:FEIM
|
$269.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Senci Electric Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,807,556,737 to 1,909,737,376, a change of 102,180,639 (5.7%).
- Net income of 193,698,889 contributed positively to equity growth.
- Dividend payments of 81,950,980 reduced retained earnings.
- Share repurchases of 18,124,779 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥193.70 Million | +10.14% |
| Dividends Paid | CN¥81.95 Million | -4.29% |
| Share Repurchases | CN¥18.12 Million | -0.95% |
| Other Changes | CN¥8.56 Million | +0.45% |
| Total Change | CN¥- | 5.65% |
Book Value vs Market Value Analysis
This analysis compares Senci Electric Machinery 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: 2.72x
- 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 11.61x to 2.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.14 | CN¥24.85 | x |
| 2014-12-31 | CN¥2.07 | CN¥24.85 | x |
| 2015-12-31 | CN¥2.40 | CN¥24.85 | x |
| 2016-12-31 | CN¥2.69 | CN¥24.85 | x |
| 2017-12-31 | CN¥3.17 | CN¥24.85 | x |
| 2018-12-31 | CN¥3.94 | CN¥24.85 | x |
| 2019-12-31 | CN¥6.10 | CN¥24.85 | x |
| 2020-12-31 | CN¥6.42 | CN¥24.85 | x |
| 2021-12-31 | CN¥7.22 | CN¥24.85 | x |
| 2022-12-31 | CN¥8.04 | CN¥24.85 | x |
| 2023-12-31 | CN¥8.71 | CN¥24.85 | x |
| 2024-12-31 | CN¥9.14 | CN¥24.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Senci Electric Machinery 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): 10.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.07%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.84x
- Recent ROE (10.14%) is below the historical average (12.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.89% | 4.77% | 0.95x | 2.85x | CN¥8.94 Million |
| 2014 | 5.50% | 2.70% | 0.73x | 2.77x | CN¥-14.39 Million |
| 2015 | 13.43% | 7.07% | 0.79x | 2.41x | CN¥12.66 Million |
| 2016 | 14.34% | 7.92% | 0.76x | 2.39x | CN¥17.92 Million |
| 2017 | 17.80% | 8.13% | 0.93x | 2.35x | CN¥38.10 Million |
| 2018 | 22.95% | 10.42% | 1.04x | 2.11x | CN¥78.61 Million |
| 2019 | 8.88% | 8.75% | 0.69x | 1.47x | CN¥-14.02 Million |
| 2020 | 8.02% | 6.78% | 0.72x | 1.64x | CN¥-26.07 Million |
| 2021 | 13.08% | 7.96% | 0.94x | 1.75x | CN¥45.70 Million |
| 2022 | 12.29% | 7.86% | 0.89x | 1.76x | CN¥38.10 Million |
| 2023 | 12.51% | 8.50% | 0.80x | 1.83x | CN¥45.39 Million |
| 2024 | 10.14% | 7.07% | 0.78x | 1.84x | CN¥2.73 Million |
Industry Comparison
This section compares Senci Electric Machinery Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Senci Electric Machinery Co Ltd (603109) | CN¥1.99 Billion | 12.89% | 0.84x | $269.53 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |