Shanghai SK Automation Technology Co. Ltd. A (688155) - Net Assets
Based on the latest financial reports, Shanghai SK Automation Technology Co. Ltd. A (688155) has net assets worth CN¥2.30 Billion CNY (≈ $336.29 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.32 Billion ≈ $778.76 Million USD) and total liabilities (CN¥3.02 Billion ≈ $442.47 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 688155 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.30 Billion |
| % of Total Assets | 43.18% |
| Annual Growth Rate | 41.75% |
| 5-Year Change | 117.0% |
| 10-Year Change | N/A |
| Growth Volatility | 59.27 |
Shanghai SK Automation Technology Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Shanghai SK Automation Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Shanghai SK Automation Technology Co. Lt's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Shanghai SK Automation Technology Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Shanghai SK Automation Technology Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see market value of Shanghai SK Automation Technology Co. Lt.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.37 Billion ≈ $346.47 Million |
+58.09% |
| 2023-12-31 | CN¥1.50 Billion ≈ $219.16 Million |
+9.42% |
| 2022-12-31 | CN¥1.37 Billion ≈ $200.29 Million |
+13.40% |
| 2021-12-31 | CN¥1.21 Billion ≈ $176.62 Million |
+10.62% |
| 2020-12-31 | CN¥1.09 Billion ≈ $159.67 Million |
+163.88% |
| 2019-12-31 | CN¥413.50 Million ≈ $60.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai SK Automation Technology Co. Ltd. A'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 156.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥309.61 Million | 15.82% |
| Other Components | CN¥1.65 Billion | 84.18% |
| Total Equity | CN¥1.96 Billion | 100.00% |
Shanghai SK Automation Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shanghai SK Automation Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nexwise Intelligence China Limited
SHE:301248
|
$1.92 Billion |
|
Century Plyboards (India) Limited
NSE:CENTURYPLY
|
$1.92 Billion |
|
Hengdian Entertainment Co Ltd Class A
SHG:603103
|
$1.92 Billion |
|
Ichor Holdings Ltd
NASDAQ:ICHR
|
$1.92 Billion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
$1.92 Billion |
|
C*Core Technology Co Ltd
SHG:688262
|
$1.92 Billion |
|
Gemdale Corp
SHG:600383
|
$1.92 Billion |
|
Vardhman Textiles Limited
NSE:VTL
|
$1.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai SK Automation Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,178,478,656 to 1,957,502,219, a change of 779,023,563 (66.1%).
- Net income of 223,022,885 contributed positively to equity growth.
- Dividend payments of 99,472,217 reduced retained earnings.
- Other factors increased equity by 655,472,895.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥223.02 Million | +11.39% |
| Dividends Paid | CN¥99.47 Million | -5.08% |
| Other Changes | CN¥655.47 Million | +33.49% |
| Total Change | CN¥- | 66.10% |
Book Value vs Market Value Analysis
This analysis compares Shanghai SK Automation Technology Co. Ltd. A'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: 6.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.58x to 6.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥7.10 | CN¥103.57 | x |
| 2020-12-31 | CN¥10.20 | CN¥103.57 | x |
| 2021-12-31 | CN¥11.18 | CN¥103.57 | x |
| 2022-12-31 | CN¥10.58 | CN¥103.57 | x |
| 2023-12-31 | CN¥10.98 | CN¥103.57 | x |
| 2024-12-31 | CN¥15.65 | CN¥103.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai SK Automation Technology Co. Ltd. A 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): 11.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.05%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.65x
- Recent ROE (11.39%) is above the historical average (5.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.86% | 19.71% | 0.55x | 1.64x | CN¥31.65 Million |
| 2020 | 5.62% | 12.09% | 0.36x | 1.30x | CN¥-47.27 Million |
| 2021 | 5.89% | 6.36% | 0.52x | 1.76x | CN¥-48.92 Million |
| 2022 | -8.31% | -5.23% | 0.40x | 4.02x | CN¥-208.04 Million |
| 2023 | 3.39% | 1.63% | 0.53x | 3.89x | CN¥-77.89 Million |
| 2024 | 11.39% | 9.05% | 0.47x | 2.65x | CN¥27.27 Million |
Industry Comparison
This section compares Shanghai SK Automation Technology Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai SK Automation Technology Co. Ltd. A (688155) | CN¥2.30 Billion | 17.86% | 1.32x | $1.92 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Shanghai SK Automation Technology Co. Ltd. A
Shanghai SK Automation Technology Co.,Ltd engages in the research, development, production, and sale of intelligent manufacturing equipment for new energy vehicles and fuel vehicles. It offers automotive chassis system and hydrogen energy equipment, intelligent manufacturing data, and software products. The company also offers battery module and PACK production line, cell factory logistics convey… Read more