Skyverse Technology Co. Ltd. A (688361) - Net Assets
Based on the latest financial reports, Skyverse Technology Co. Ltd. A (688361) has net assets worth CN¥2.52 Billion CNY (≈ $369.33 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¥4.94 Billion ≈ $723.55 Million USD) and total liabilities (CN¥2.42 Billion ≈ $354.21 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 asset resilience ratio of Skyverse Technology Co. Ltd. A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.52 Billion |
| % of Total Assets | 51.04% |
| Annual Growth Rate | 63.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 151.53 |
Skyverse Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Skyverse Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Skyverse Technology Co. Ltd. A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Skyverse Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Skyverse Technology Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see Skyverse Technology Co. Ltd. A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.44 Billion ≈ $356.70 Million |
+1.11% |
| 2023-12-31 | CN¥2.41 Billion ≈ $352.80 Million |
+323.33% |
| 2022-12-31 | CN¥569.53 Million ≈ $83.34 Million |
+2.66% |
| 2021-12-31 | CN¥554.76 Million ≈ $81.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Skyverse 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 87.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥166.90 Million | 6.85% |
| Other Components | CN¥2.27 Billion | 93.15% |
| Total Equity | CN¥2.44 Billion | 100.00% |
Skyverse Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Skyverse Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Barito Pacific Tbk
JK:BRPT
|
$10.08 Billion |
|
Posco International Corp
KO:047050
|
$10.08 Billion |
|
REC Limited
NSE:RECLTD
|
$10.09 Billion |
|
Harel Insurance Investments & Financial Services Ltd
TA:HARL
|
$10.09 Billion |
|
Embraer S.A
F:EMY
|
$10.07 Billion |
|
Pro Medicus Ltd
AU:PME
|
$10.06 Billion |
|
Brookfield Renewable Partners L.P
TO:BEP-UN
|
$10.04 Billion |
|
Mankind Pharma Ltd
NSE:MANKIND
|
$10.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skyverse Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,410,956,559 to 2,437,610,645, a change of 26,654,087 (1.1%).
- Net loss of 11,525,123 reduced equity.
- Dividend payments of 47,670,936 reduced retained earnings.
- Other factors increased equity by 85,850,146.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-11.53 Million | -0.47% |
| Dividends Paid | CN¥47.67 Million | -1.96% |
| Other Changes | CN¥85.85 Million | +3.52% |
| Total Change | CN¥- | 1.11% |
Book Value vs Market Value Analysis
This analysis compares Skyverse 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: 25.81x
- 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 85.05x to 25.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥2.31 | CN¥196.60 | x |
| 2022-12-31 | CN¥2.37 | CN¥196.60 | x |
| 2023-12-31 | CN¥7.53 | CN¥196.60 | x |
| 2024-12-31 | CN¥7.62 | CN¥196.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skyverse 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): -0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.83%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.73x
- Recent ROE (-0.47%) is below the historical average (4.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 9.63% | 14.82% | 0.33x | 1.95x | CN¥-2.05 Million |
| 2022 | 2.10% | 2.35% | 0.31x | 2.92x | CN¥-44.98 Million |
| 2023 | 5.82% | 15.75% | 0.26x | 1.42x | CN¥-100.75 Million |
| 2024 | -0.47% | -0.83% | 0.33x | 1.73x | CN¥-255.29 Million |
Industry Comparison
This section compares Skyverse 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: $2,122,638,577
- Average return on equity (ROE) among peers: 4.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skyverse Technology Co. Ltd. A (688361) | CN¥2.52 Billion | 9.63% | 0.96x | $10.07 Billion |
| Huayi Compressor Co Ltd (000404) | $5.19 Billion | 6.97% | 1.68x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $709.50 Million | 6.14% | 1.68x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $7.53 Billion | 1.67% | 0.29x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $2.71 Billion | 4.79% | 0.50x | $520.37 Million |
| Changchai Co Ltd (000570) | $1.86 Billion | 2.98% | 0.67x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $315.25 Million | 5.68% | 1.39x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $436.15 Million | 1.59% | 1.56x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $969.93 Million | 5.96% | 0.61x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.11 Billion | 3.64% | 0.40x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $393.52 Million | 9.87% | 0.54x | $1.66 Billion |
About Skyverse Technology Co. Ltd. A
Skyverse Technology Co., Ltd. manufactures and sells quality control equipment to enterprises involved in the front-end integrated circuit processes and packaging in China and internationally. The company offers unpatterned, three-in-one patterned, dark-field nano patterned, patterned, and bright- field nano patterned wafer defect inspection equipment; and optical critical dimension, metal film t… Read more