Sinoma Energy Conservation Ltd
Sinoma Energy Conservation Ltd. provides various products and services in the field of energy conservation and environmental protection in China and internationally. The company offers energy-saving and environmental protection engineering and equipment; building energy-saving materials; and is involved in the research, development, manufacture, and sale of fiber cement panel/calcium silicate pan… Read more
Sinoma Energy Conservation Ltd (603126) - Net Assets
Latest net assets as of September 2025: CN¥2.44 Billion CNY
Based on the latest financial reports, Sinoma Energy Conservation Ltd (603126) has net assets worth CN¥2.44 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¥5.52 Billion) and total liabilities (CN¥3.08 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¥2.44 Billion |
| % of Total Assets | 44.28% |
| Annual Growth Rate | 12.22% |
| 5-Year Change | 15.05% |
| 10-Year Change | 54.57% |
| Growth Volatility | 15.47 |
Sinoma Energy Conservation Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Sinoma Energy Conservation 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 Sinoma Energy Conservation Ltd (2009–2024)
The table below shows the annual net assets of Sinoma Energy Conservation Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.45 Billion | -3.54% |
| 2023-12-31 | CN¥2.54 Billion | +4.02% |
| 2022-12-31 | CN¥2.44 Billion | +7.62% |
| 2021-12-31 | CN¥2.27 Billion | +6.53% |
| 2020-12-31 | CN¥2.13 Billion | +6.10% |
| 2019-12-31 | CN¥2.01 Billion | +5.14% |
| 2018-12-31 | CN¥1.91 Billion | +5.00% |
| 2017-12-31 | CN¥1.82 Billion | +5.11% |
| 2016-12-31 | CN¥1.73 Billion | +9.13% |
| 2015-12-31 | CN¥1.58 Billion | +5.54% |
| 2014-12-31 | CN¥1.50 Billion | +46.13% |
| 2013-12-31 | CN¥1.03 Billion | +8.16% |
| 2012-12-31 | CN¥949.62 Million | +15.11% |
| 2011-12-31 | CN¥824.96 Million | +24.10% |
| 2010-12-31 | CN¥664.74 Million | +53.15% |
| 2009-12-31 | CN¥434.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinoma Energy Conservation 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 2554.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.24 Billion | 60.83% |
| Common Stock | CN¥610.50 Million | 29.90% |
| Other Comprehensive Income | CN¥145.57 Million | 7.13% |
| Other Components | CN¥43.82 Million | 2.15% |
| Total Equity | CN¥2.04 Billion | 100.00% |
Sinoma Energy Conservation Ltd Competitors by Market Cap
The table below lists competitors of Sinoma Energy Conservation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASHTEAD TECHNOLOGY LS-05
F:Y9R
|
$319.45 Million |
|
Nanning Department Store Co Ltd
SHG:600712
|
$319.53 Million |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
$319.56 Million |
|
Shanghai Jinjiang Shipping (Group) Co., Ltd.
SHG:601083
|
$319.59 Million |
|
Formosa International Hotels Corp
TW:2707
|
$319.20 Million |
|
Guangdong Wanlima Industry Co Ltd
SHE:300591
|
$319.12 Million |
|
Beijing Hanbang Technology Corp
SHE:300449
|
$319.11 Million |
|
Shenzhen Everbest Machinery Indus
SHE:002980
|
$319.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinoma Energy Conservation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,106,194,366 to 2,042,072,870, a change of -64,121,496 (-3.0%).
- Net income of 7,602,383 contributed positively to equity growth.
- Dividend payments of 62,844,041 reduced retained earnings.
- Other comprehensive income decreased equity by 15,286,850.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥7.60 Million | +0.37% |
| Dividends Paid | CN¥62.84 Million | -3.08% |
| Other Comprehensive Income | CN¥-15.29 Million | -0.75% |
| Other Changes | CN¥6.41 Million | +0.31% |
| Total Change | CN¥- | -3.04% |
Book Value vs Market Value Analysis
This analysis compares Sinoma Energy Conservation 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: 2.38x
- 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 8.59x to 2.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.93 | CN¥7.96 | x |
| 2010-12-31 | CN¥1.36 | CN¥7.96 | x |
| 2011-12-31 | CN¥1.68 | CN¥7.96 | x |
| 2012-12-31 | CN¥1.93 | CN¥7.96 | x |
| 2013-12-31 | CN¥2.09 | CN¥7.96 | x |
| 2014-12-31 | CN¥2.30 | CN¥7.96 | x |
| 2015-12-31 | CN¥2.25 | CN¥7.96 | x |
| 2016-12-31 | CN¥2.45 | CN¥7.96 | x |
| 2017-12-31 | CN¥2.59 | CN¥7.96 | x |
| 2018-12-31 | CN¥2.73 | CN¥7.96 | x |
| 2019-12-31 | CN¥2.86 | CN¥7.96 | x |
| 2020-12-31 | CN¥3.00 | CN¥7.96 | x |
| 2021-12-31 | CN¥3.15 | CN¥7.96 | x |
| 2022-12-31 | CN¥3.33 | CN¥7.96 | x |
| 2023-12-31 | CN¥3.45 | CN¥7.96 | x |
| 2024-12-31 | CN¥3.34 | CN¥7.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinoma Energy Conservation 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): 0.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.33%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.51x
- Recent ROE (0.37%) is below the historical average (11.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 23.01% | 10.64% | 0.70x | 3.08x | CN¥56.49 Million |
| 2010 | 33.22% | 16.75% | 0.98x | 2.03x | CN¥154.33 Million |
| 2011 | 27.19% | 16.92% | 0.79x | 2.03x | CN¥141.85 Million |
| 2012 | 14.44% | 11.38% | 0.63x | 2.01x | CN¥42.16 Million |
| 2013 | 8.86% | 8.58% | 0.53x | 1.96x | CN¥-11.65 Million |
| 2014 | 8.19% | 6.99% | 0.50x | 2.36x | CN¥-23.55 Million |
| 2015 | 7.79% | 7.80% | 0.46x | 2.17x | CN¥-30.34 Million |
| 2016 | 8.71% | 8.70% | 0.44x | 2.27x | CN¥-19.28 Million |
| 2017 | 8.42% | 7.91% | 0.52x | 2.04x | CN¥-25.03 Million |
| 2018 | 7.79% | 6.93% | 0.56x | 2.01x | CN¥-36.93 Million |
| 2019 | 7.04% | 5.42% | 0.59x | 2.20x | CN¥-51.66 Million |
| 2020 | 7.36% | 5.19% | 0.62x | 2.29x | CN¥-48.38 Million |
| 2021 | 7.28% | 4.75% | 0.66x | 2.31x | CN¥-52.17 Million |
| 2022 | 7.71% | 4.87% | 0.65x | 2.45x | CN¥-46.48 Million |
| 2023 | 6.81% | 4.68% | 0.56x | 2.58x | CN¥-67.19 Million |
| 2024 | 0.37% | 0.33% | 0.45x | 2.51x | CN¥-196.60 Million |
Industry Comparison
This section compares Sinoma Energy Conservation Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,781,691,745
- Average return on equity (ROE) among peers: 10.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinoma Energy Conservation Ltd (603126) | CN¥2.44 Billion | 23.01% | 1.26x | $319.39 Million |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $867.90 Million | 2.09% | 1.86x | $58.47 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $277.96 Million | 10.57% | 1.45x | $889.49 Million |
| CECEP Solar Energy Co Ltd (000591) | $162.02 Million | 10.48% | 1.97x | $2.20 Billion |
| GEPIC Energy Development Co Ltd (000791) | $7.49 Billion | 5.90% | 1.54x | $765.93 Million |
| Tieling Newcity Investment Holding Ltd (000809) | $3.45 Billion | 20.56% | 0.64x | $269.10 Million |
| Hubei Energy Group Co Ltd (000883) | $730.62 Million | 9.40% | 0.33x | $1.99 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.70 Billion | 3.61% | 1.46x | $406.20 Million |
| Xinjiang Lixin Energy Co. Ltd. A (001258) | $2.92 Billion | 1.72% | 4.24x | $377.98 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $148.08 Million | 3.32% | 6.54x | $718.01 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $65.12 Million | 40.54% | 1.51x | $785.39 Million |