SBT Ultrasonic Technology Co. Ltd. A (688392) - Net Assets
Based on the latest financial reports, SBT Ultrasonic Technology Co. Ltd. A (688392) has net assets worth CN¥1.76 Billion CNY (≈ $257.38 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¥2.26 Billion ≈ $330.24 Million USD) and total liabilities (CN¥497.85 Million ≈ $72.85 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 financial resilience of SBT Ultrasonic Technology Co. Ltd. A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.76 Billion |
| % of Total Assets | 77.94% |
| Annual Growth Rate | 100.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 173.05 |
SBT Ultrasonic Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how SBT Ultrasonic Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore SBT Ultrasonic Technology Co. Ltd. A asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for SBT Ultrasonic Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of SBT Ultrasonic Technology Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see 688392 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.69 Billion ≈ $247.51 Million |
-3.42% |
| 2023-12-31 | CN¥1.75 Billion ≈ $256.28 Million |
-0.18% |
| 2022-12-31 | CN¥1.75 Billion ≈ $256.73 Million |
+409.45% |
| 2021-12-31 | CN¥344.38 Million ≈ $50.39 Million |
+232.05% |
| 2020-12-31 | CN¥103.71 Million ≈ $15.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SBT Ultrasonic 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 1901.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥192.30 Million | 11.37% |
| Other Components | CN¥1.50 Billion | 88.63% |
| Total Equity | CN¥1.69 Billion | 100.00% |
SBT Ultrasonic Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of SBT Ultrasonic Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Multipolar Technology Tbk
JK:MLPT
|
$2.37 Billion |
|
Ashland Global Holdings Inc
NYSE:ASH
|
$2.37 Billion |
|
Jinyu Bio-Technology Co Ltd
SHG:600201
|
$2.37 Billion |
|
TIZA Information Industry Corporation Inc
SHE:300209
|
$2.37 Billion |
|
Alsea S.A.B. de C.V
MX:ALSEA
|
$2.37 Billion |
|
Jonjee Hi-tech Industrial and Commercial Holding Co Ltd
SHG:600872
|
$2.37 Billion |
|
Lotte Energy Materials Corporation
KO:020150
|
$2.37 Billion |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$2.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SBT Ultrasonic Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,751,372,102 to 1,691,390,028, a change of -59,982,073 (-3.4%).
- Net income of 85,869,521 contributed positively to equity growth.
- Dividend payments of 29,427,542 reduced retained earnings.
- Other factors decreased equity by 116,424,052.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥85.87 Million | +5.08% |
| Dividends Paid | CN¥29.43 Million | -1.74% |
| Other Changes | CN¥-116.42 Million | -6.88% |
| Total Change | CN¥- | -3.42% |
Book Value vs Market Value Analysis
This analysis compares SBT Ultrasonic 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: 9.49x
- 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 114.49x to 9.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥1.22 | CN¥139.80 | x |
| 2021-12-31 | CN¥3.96 | CN¥139.80 | x |
| 2022-12-31 | CN¥15.27 | CN¥139.80 | x |
| 2023-12-31 | CN¥15.26 | CN¥139.80 | x |
| 2024-12-31 | CN¥14.73 | CN¥139.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SBT Ultrasonic 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): 5.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.69%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.26x
- Recent ROE (5.08%) is below the historical average (24.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 84.93% | 33.75% | 0.98x | 2.57x | CN¥78.77 Million |
| 2021 | 20.29% | 18.68% | 0.59x | 1.85x | CN¥35.13 Million |
| 2022 | 6.33% | 21.22% | 0.24x | 1.22x | CN¥-64.40 Million |
| 2023 | 3.80% | 12.67% | 0.24x | 1.24x | CN¥-108.59 Million |
| 2024 | 5.08% | 14.69% | 0.28x | 1.26x | CN¥-83.27 Million |
Industry Comparison
This section compares SBT Ultrasonic 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 |
|---|---|---|---|---|
| SBT Ultrasonic Technology Co. Ltd. A (688392) | CN¥1.76 Billion | 84.93% | 0.28x | $2.37 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 SBT Ultrasonic Technology Co. Ltd. A
SBT Ultrasonic Technology Co., Ltd. engages in the research and development, design, production, and sale of ultrasonic equipment worldwide. It provides ultrasonic application and intelligent equipment solutions. The company also offers ultrasonic metal welders, ultrasonic for semiconductor, ultrasonic wire harness welders, scanning acoustic microscope, ultrasonic cutting machine, ultrasonic plas… Read more