Suntar Environmental Technology Co (688101) - Net Assets
Based on the latest financial reports, Suntar Environmental Technology Co (688101) has net assets worth CN¥4.60 Billion CNY (≈ $672.63 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¥6.20 Billion ≈ $907.02 Million USD) and total liabilities (CN¥1.60 Billion ≈ $234.39 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. Check 688101 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.60 Billion |
| % of Total Assets | 74.16% |
| Annual Growth Rate | 17.12% |
| 5-Year Change | 29.24% |
| 10-Year Change | 317.6% |
| Growth Volatility | 28.88 |
Suntar Environmental Technology Co - Net Assets Trend (2011–2025)
This chart illustrates how Suntar Environmental Technology Co's net assets have evolved over time, based on quarterly financial data. See 688101 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Suntar Environmental Technology Co (2011–2025)
The table below shows the annual net assets of Suntar Environmental Technology Co from 2011 to 2025. For live valuation and market cap data, see Suntar Environmental Technology Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.50 Billion ≈ $657.86 Million |
+9.44% |
| 2024-12-31 | CN¥4.11 Billion ≈ $601.12 Million |
+6.40% |
| 2023-12-31 | CN¥3.86 Billion ≈ $564.99 Million |
+7.31% |
| 2022-12-31 | CN¥3.60 Billion ≈ $526.51 Million |
+3.43% |
| 2021-12-31 | CN¥3.48 Billion ≈ $509.04 Million |
+4.16% |
| 2020-12-31 | CN¥3.34 Billion ≈ $488.72 Million |
+4.64% |
| 2019-12-31 | CN¥3.19 Billion ≈ $467.04 Million |
+120.20% |
| 2018-12-31 | CN¥1.45 Billion ≈ $212.10 Million |
+14.69% |
| 2017-12-31 | CN¥1.26 Billion ≈ $184.93 Million |
+17.39% |
| 2016-12-31 | CN¥1.08 Billion ≈ $157.53 Million |
+14.12% |
| 2015-12-31 | CN¥943.31 Million ≈ $138.04 Million |
+13.09% |
| 2014-12-31 | CN¥834.11 Million ≈ $122.06 Million |
+11.37% |
| 2013-12-31 | CN¥748.99 Million ≈ $109.60 Million |
+13.77% |
| 2012-12-31 | CN¥658.36 Million ≈ $96.34 Million |
+33.86% |
| 2011-12-31 | CN¥491.83 Million ≈ $71.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suntar Environmental Technology Co'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 1675.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.43 Billion | 54.79% |
| Other Components | CN¥2.00 Billion | 45.21% |
| Total Equity | CN¥4.43 Billion | 100.00% |
Suntar Environmental Technology Co Competitors by Market Cap
The table below lists competitors of Suntar Environmental Technology Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KRN Heat Exchanger and Refrigeration
NSE:KRN
|
$830.30 Million |
|
BW OFFSHORE LTD. DL 050
F:XY81
|
$830.49 Million |
|
Olema Pharmaceuticals Inc
NASDAQ:OLMA
|
$830.67 Million |
|
Arbutus Biopharma Corp
NASDAQ:ABUS
|
$831.63 Million |
|
Beken Corp
SHG:603068
|
$830.26 Million |
|
Jiangsu High Hope International Group Corp
SHG:600981
|
$830.19 Million |
|
Satellogic V Inc
NASDAQ:SATL
|
$830.10 Million |
|
Amphastar P
NASDAQ:AMPH
|
$829.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suntar Environmental Technology Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,047,350,773 to 4,428,099,045, a change of 380,748,272 (9.4%).
- Net income of 377,616,500 contributed positively to equity growth.
- Dividend payments of 2,364,516 reduced retained earnings.
- Other comprehensive income decreased equity by 184,781,093.
- Other factors increased equity by 190,277,381.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥377.62 Million | +8.53% |
| Dividends Paid | CN¥2.36 Million | -0.05% |
| Other Comprehensive Income | CN¥-184.78 Million | -4.17% |
| Other Changes | CN¥190.28 Million | +4.3% |
| Total Change | CN¥- | 9.41% |
Book Value vs Market Value Analysis
This analysis compares Suntar Environmental Technology Co'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: 1.28x
- 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 8.86x to 1.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.93 | CN¥17.09 | x |
| 2012-12-31 | CN¥2.60 | CN¥17.09 | x |
| 2013-12-31 | CN¥2.96 | CN¥17.09 | x |
| 2014-12-31 | CN¥3.27 | CN¥17.09 | x |
| 2015-12-31 | CN¥3.72 | CN¥17.09 | x |
| 2016-12-31 | CN¥4.18 | CN¥17.09 | x |
| 2017-12-31 | CN¥4.95 | CN¥17.09 | x |
| 2018-12-31 | CN¥5.64 | CN¥17.09 | x |
| 2019-12-31 | CN¥12.23 | CN¥17.09 | x |
| 2020-12-31 | CN¥9.82 | CN¥17.09 | x |
| 2021-12-31 | CN¥10.28 | CN¥17.09 | x |
| 2022-12-31 | CN¥10.59 | CN¥17.09 | x |
| 2023-12-31 | CN¥11.39 | CN¥17.09 | x |
| 2024-12-31 | CN¥12.19 | CN¥17.09 | x |
| 2025-12-31 | CN¥13.37 | CN¥17.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suntar Environmental Technology Co 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): 8.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.85%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.43x
- Recent ROE (8.53%) is below the historical average (10.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.20% | 27.92% | 0.30x | 2.50x | CN¥53.62 Million |
| 2012 | 17.57% | 24.67% | 0.38x | 1.88x | CN¥48.94 Million |
| 2013 | 12.14% | 21.00% | 0.31x | 1.87x | CN¥15.78 Million |
| 2014 | 10.11% | 17.45% | 0.31x | 1.88x | CN¥872.21K |
| 2015 | 11.57% | 22.99% | 0.29x | 1.76x | CN¥14.58 Million |
| 2016 | 12.20% | 23.64% | 0.31x | 1.67x | CN¥23.23 Million |
| 2017 | 14.94% | 31.61% | 0.30x | 1.60x | CN¥61.22 Million |
| 2018 | 12.76% | 30.74% | 0.25x | 1.69x | CN¥39.18 Million |
| 2019 | 8.75% | 37.28% | 0.18x | 1.34x | CN¥-39.54 Million |
| 2020 | 6.72% | 25.31% | 0.19x | 1.37x | CN¥-108.21 Million |
| 2021 | 7.20% | 21.48% | 0.24x | 1.41x | CN¥-96.32 Million |
| 2022 | 6.14% | 17.30% | 0.24x | 1.49x | CN¥-136.98 Million |
| 2023 | 6.67% | 17.51% | 0.26x | 1.46x | CN¥-126.62 Million |
| 2024 | 7.78% | 22.63% | 0.23x | 1.51x | CN¥-89.92 Million |
| 2025 | 8.53% | 24.85% | 0.24x | 1.43x | CN¥-65.19 Million |
Industry Comparison
This section compares Suntar Environmental Technology Co's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $2,835,977,511
- Average return on equity (ROE) among peers: 1.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suntar Environmental Technology Co (688101) | CN¥4.60 Billion | 21.20% | 0.35x | $830.30 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $13.20 Billion | 9.84% | 1.36x | $2.96 Billion |
| Bohai Water Industry Co Ltd (000605) | $-95.96 Million | 0.00% | 0.00x | $293.12 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $309.02 Million | 6.22% | 0.31x | $2.35 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $1.83 Billion | 5.74% | 0.76x | $1.10 Billion |
| Gansu Dayu Water saving Group (300021) | $3.05 Billion | 1.60% | 2.40x | $550.54 Million |
| Beijing Water Business Doctor (300055) | $5.54 Billion | 3.83% | 0.31x | $931.79 Million |
| BGT Group Co. Ltd. (300774) | $1.13 Billion | 13.20% | 0.46x | $811.69 Million |
| Hynar Water Group Co. Ltd. (300961) | $777.03 Million | -31.81% | 2.48x | $280.95 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $930.59 Million | 5.66% | 1.18x | $606.52 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $1.68 Billion | 4.30% | 1.07x | $622.16 Million |
About Suntar Environmental Technology Co
Suntar Environmental Technology Co., Ltd. provides industrial feed liquid separation and product separation solutions in China and internationally. The company offers tubular ceramic membranes, roll membranes, flat membranes, hollow fiber membranes, unique microtube membranes, and composite ceramic nanofiltration elements. It serves customers in food and beverage, pharmaceutical chemicals, biolog… Read more