Wuxi Shangji Automation Co Ltd (603185) - Net Assets
Based on the latest financial reports, Wuxi Shangji Automation Co Ltd (603185) has net assets worth CN¥11.80 Billion CNY (≈ $1.73 Billion 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¥27.07 Billion ≈ $3.96 Billion USD) and total liabilities (CN¥15.27 Billion ≈ $2.23 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 Wuxi Shangji Automation Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥11.80 Billion |
| % of Total Assets | 43.6% |
| Annual Growth Rate | 35.08% |
| 5-Year Change | 66.17% |
| 10-Year Change | 3533.9% |
| Growth Volatility | 65.34 |
Wuxi Shangji Automation Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Wuxi Shangji Automation Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603185 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Wuxi Shangji Automation Co Ltd (2009–2025)
The table below shows the annual net assets of Wuxi Shangji Automation Co Ltd from 2009 to 2025. For live valuation and market cap data, see Wuxi Shangji Automation Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥12.36 Billion ≈ $1.81 Billion |
+4.05% |
| 2024-12-31 | CN¥11.88 Billion ≈ $1.74 Billion |
-1.14% |
| 2023-12-31 | CN¥12.02 Billion ≈ $1.76 Billion |
-4.10% |
| 2022-12-31 | CN¥12.54 Billion ≈ $1.83 Billion |
+68.47% |
| 2021-12-31 | CN¥7.44 Billion ≈ $1.09 Billion |
+179.52% |
| 2020-12-31 | CN¥2.66 Billion ≈ $389.54 Million |
+55.90% |
| 2019-12-31 | CN¥1.71 Billion ≈ $249.87 Million |
+10.71% |
| 2018-12-31 | CN¥1.54 Billion ≈ $225.70 Million |
+221.57% |
| 2017-12-31 | CN¥479.64 Million ≈ $70.19 Million |
+40.96% |
| 2016-12-31 | CN¥340.26 Million ≈ $49.79 Million |
+18.10% |
| 2015-12-31 | CN¥288.12 Million ≈ $42.16 Million |
+4.09% |
| 2014-12-31 | CN¥276.79 Million ≈ $40.50 Million |
+22.78% |
| 2011-12-31 | CN¥225.44 Million ≈ $32.99 Million |
+55.50% |
| 2010-12-31 | CN¥144.97 Million ≈ $21.21 Million |
+44.02% |
| 2009-12-31 | CN¥100.66 Million ≈ $14.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wuxi Shangji Automation 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 2661.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.75 Billion | 14.18% |
| Other Components | CN¥10.61 Billion | 85.82% |
| Total Equity | CN¥12.36 Billion | 100.00% |
Wuxi Shangji Automation Co Ltd Competitors by Market Cap
The table below lists competitors of Wuxi Shangji Automation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greif Bros Corporation
NYSE:GEF
|
$1.71 Billion |
|
Tien Phong Commercial Joint Stock Bank
VN:TPB
|
$1.71 Billion |
|
Zhejiang Jiuzhou Pharm Co Ltd
SHG:603456
|
$1.71 Billion |
|
Ivanhoe Electric Inc.
NYSE MKT:IE
|
$1.71 Billion |
|
Australian United Investment Company Ltd
AU:AUI
|
$1.71 Billion |
|
Jinzi Ham Co Ltd
SHE:002515
|
$1.71 Billion |
|
Peugeot Invest SA
PA:PEUG
|
$1.71 Billion |
|
Lucky Harvest
SHE:002965
|
$1.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi Shangji Automation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,884,162,700 to 12,363,352,839, a change of 479,190,139 (4.0%).
- Net income of 186,838,017 contributed positively to equity growth.
- Dividend payments of 90,054,111 reduced retained earnings.
- Other comprehensive income decreased equity by 274,334,430.
- Other factors increased equity by 656,740,663.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥186.84 Million | +1.51% |
| Dividends Paid | CN¥90.05 Million | -0.73% |
| Other Comprehensive Income | CN¥-274.33 Million | -2.22% |
| Other Changes | CN¥656.74 Million | +5.31% |
| Total Change | CN¥- | 4.03% |
Book Value vs Market Value Analysis
This analysis compares Wuxi Shangji Automation 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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 54.37x to 0.94x 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¥0.31 | CN¥17.08 | x |
| 2010-12-31 | CN¥0.45 | CN¥17.08 | x |
| 2011-12-31 | CN¥0.67 | CN¥17.08 | x |
| 2014-12-31 | CN¥0.82 | CN¥17.08 | x |
| 2015-12-31 | CN¥0.86 | CN¥17.08 | x |
| 2016-12-31 | CN¥1.01 | CN¥17.08 | x |
| 2017-12-31 | CN¥1.43 | CN¥17.08 | x |
| 2018-12-31 | CN¥4.58 | CN¥17.08 | x |
| 2019-12-31 | CN¥3.81 | CN¥17.08 | x |
| 2020-12-31 | CN¥5.83 | CN¥17.08 | x |
| 2021-12-31 | CN¥14.06 | CN¥17.08 | x |
| 2022-12-31 | CN¥23.04 | CN¥17.08 | x |
| 2023-12-31 | CN¥20.65 | CN¥17.08 | x |
| 2024-12-31 | CN¥19.05 | CN¥17.08 | x |
| 2025-12-31 | CN¥18.10 | CN¥17.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi Shangji Automation 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): 1.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.52%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.17x
- Recent ROE (1.51%) is below the historical average (19.02%), 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 | 43.38% | 27.08% | 0.77x | 2.08x | CN¥33.60 Million |
| 2010 | 55.61% | 28.93% | 0.69x | 2.79x | CN¥66.12 Million |
| 2011 | 49.00% | 26.93% | 0.92x | 1.99x | CN¥87.92 Million |
| 2014 | 2.81% | 5.79% | 0.29x | 1.67x | CN¥-19.90 Million |
| 2015 | 3.93% | 7.91% | 0.31x | 1.58x | CN¥-17.48 Million |
| 2016 | 15.04% | 17.20% | 0.63x | 1.40x | CN¥17.14 Million |
| 2017 | 39.48% | 29.92% | 0.73x | 1.82x | CN¥141.41 Million |
| 2018 | 13.02% | 29.35% | 0.39x | 1.13x | CN¥46.57 Million |
| 2019 | 10.85% | 22.99% | 0.29x | 1.62x | CN¥14.56 Million |
| 2020 | 19.96% | 17.65% | 0.61x | 1.84x | CN¥265.12 Million |
| 2021 | 23.00% | 15.68% | 0.75x | 1.95x | CN¥967.31 Million |
| 2022 | 24.19% | 13.84% | 1.04x | 1.68x | CN¥1.78 Billion |
| 2023 | 6.16% | 6.24% | 0.40x | 2.44x | CN¥-461.54 Million |
| 2024 | -22.69% | -36.93% | 0.25x | 2.46x | CN¥-3.89 Billion |
| 2025 | 1.51% | 2.52% | 0.28x | 2.17x | CN¥-1.05 Billion |
Industry Comparison
This section compares Wuxi Shangji Automation 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuxi Shangji Automation Co Ltd (603185) | CN¥11.80 Billion | 43.38% | 1.29x | $1.71 Billion |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Wuxi Shangji Automation Co Ltd
Hongyuan Green Energy Co., Ltd. engages in the photovoltaic crystalline silicon industry chain and high-end intelligent equipment business in China. The company offers polysilicon materials, monocrystalline silicon wafers, photovoltaic cells, photovoltaic modules, and other products. It is also involved in manufacturing, processing, and sales of CNC machine tools, general-purpose machine tools, a… Read more