Sinocat Environmental Technology Co Ltd
SINOTECH Company Limited operates as a high-tech company, primarily focus on the research and development of new materials and new energy technologies in China. The company offers gasoline vehicle exhaust gas, and diesel engine purification catalyst; CNG/LNG/LPG exhaust gas purification catalyst; and motorcycle and general machine, and gasoline car catalytic converters. It also provides catalyst … Read more
Sinocat Environmental Technology Co Ltd (688737) - Net Assets
Latest net assets as of September 2025: CN¥1.82 Billion CNY
Based on the latest financial reports, Sinocat Environmental Technology Co Ltd (688737) has net assets worth CN¥1.82 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.39 Billion) and total liabilities (CN¥1.57 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.82 Billion |
| % of Total Assets | 53.65% |
| Annual Growth Rate | 29.18% |
| 5-Year Change | 225.49% |
| 10-Year Change | 1887.64% |
| Growth Volatility | 107.06 |
Sinocat Environmental Technology Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Sinocat Environmental Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sinocat Environmental Technology Co Ltd (2013–2024)
The table below shows the annual net assets of Sinocat Environmental Technology Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.85 Billion | -2.51% |
| 2023-12-31 | CN¥1.89 Billion | +1.18% |
| 2022-12-31 | CN¥1.87 Billion | -5.75% |
| 2021-12-31 | CN¥1.98 Billion | +250.07% |
| 2020-12-31 | CN¥566.92 Million | +221.33% |
| 2019-12-31 | CN¥176.43 Million | +138042.85% |
| 2018-12-31 | CN¥-127.90K | -100.24% |
| 2017-12-31 | CN¥52.26 Million | -41.46% |
| 2016-12-31 | CN¥89.27 Million | -3.84% |
| 2015-12-31 | CN¥92.84 Million | -22.36% |
| 2014-12-31 | CN¥119.57 Million | +8.38% |
| 2013-12-31 | CN¥110.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinocat Environmental Technology 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 925.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥81.27 Million | 4.45% |
| Common Stock | CN¥119.56 Million | 6.55% |
| Other Comprehensive Income | CN¥54.24 Million | 2.97% |
| Other Components | CN¥1.57 Billion | 86.03% |
| Total Equity | CN¥1.83 Billion | 100.00% |
Sinocat Environmental Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sinocat Environmental Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grenevia S.A.
WAR:GEA
|
$223.30 Million |
|
Chicago Atlantic Real Estate Finance Inc
NASDAQ:REFI
|
$223.31 Million |
|
Blue Ridge Bankshares Inc
NYSE MKT:BRBS
|
$223.40 Million |
|
D-Link Corp
TW:2332
|
$223.47 Million |
|
Euglena Co. Ltd
F:8EG
|
$223.22 Million |
|
Shenwu Energy Saving Co Ltd
SHE:000820
|
$223.08 Million |
|
Electrovaya Inc.
NASDAQ:ELVA
|
$223.08 Million |
|
Shanghai Shentong Metro Co Ltd
SHG:600834
|
$223.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinocat Environmental Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,884,857,865 to 1,825,886,786, a change of -58,971,079 (-3.1%).
- Net loss of 26,211,632 reduced equity.
- Dividend payments of 8,152,025 reduced retained earnings.
- Share repurchases of 33,000,622 reduced equity.
- Other comprehensive income increased equity by 54,237,380.
- Other factors decreased equity by 45,844,180.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-26.21 Million | -1.44% |
| Dividends Paid | CN¥8.15 Million | -0.45% |
| Share Repurchases | CN¥33.00 Million | -1.81% |
| Other Comprehensive Income | CN¥54.24 Million | +2.97% |
| Other Changes | CN¥-45.84 Million | -2.51% |
| Total Change | CN¥- | -3.13% |
Book Value vs Market Value Analysis
This analysis compares Sinocat Environmental Technology 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: 1.92x
- 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 13.34x to 1.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.15 | CN¥28.66 | x |
| 2014-12-31 | CN¥2.33 | CN¥28.66 | x |
| 2015-12-31 | CN¥1.85 | CN¥28.66 | x |
| 2016-12-31 | CN¥1.55 | CN¥28.66 | x |
| 2017-12-31 | CN¥0.76 | CN¥28.66 | x |
| 2018-12-31 | CN¥-0.10 | CN¥28.66 | x |
| 2019-12-31 | CN¥2.17 | CN¥28.66 | x |
| 2020-12-31 | CN¥6.51 | CN¥28.66 | x |
| 2021-12-31 | CN¥16.42 | CN¥28.66 | x |
| 2022-12-31 | CN¥15.48 | CN¥28.66 | x |
| 2023-12-31 | CN¥15.59 | CN¥28.66 | x |
| 2024-12-31 | CN¥14.96 | CN¥28.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinocat Environmental Technology 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): -1.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.67%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.58x
- Recent ROE (-1.44%) is below the historical average (5.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.11% | 0.08% | 0.54x | 2.35x | CN¥-10.92 Million |
| 2014 | 7.73% | 5.72% | 0.53x | 2.57x | CN¥-2.71 Million |
| 2015 | -20.51% | -12.15% | 0.54x | 3.11x | CN¥-28.32 Million |
| 2016 | -20.03% | -12.34% | 0.41x | 3.93x | CN¥-23.23 Million |
| 2017 | 7.51% | 1.23% | 0.75x | 8.19x | CN¥-1.30 Million |
| 2018 | 0.00% | -17.62% | 0.72x | 0.00x | CN¥-58.60 Million |
| 2019 | 51.06% | 8.64% | 1.31x | 4.51x | CN¥69.60 Million |
| 2020 | 38.99% | 8.47% | 1.72x | 2.68x | CN¥162.35 Million |
| 2021 | 0.53% | 1.08% | 0.42x | 1.16x | CN¥-187.35 Million |
| 2022 | -4.73% | -19.72% | 0.21x | 1.14x | CN¥-274.68 Million |
| 2023 | 2.25% | 2.74% | 0.58x | 1.40x | CN¥-146.17 Million |
| 2024 | -1.44% | -1.67% | 0.54x | 1.58x | CN¥-208.80 Million |
Industry Comparison
This section compares Sinocat Environmental Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,350,100,516
- Average return on equity (ROE) among peers: 1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinocat Environmental Technology Co Ltd (688737) | CN¥1.82 Billion | 0.11% | 0.86x | $223.23 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.47 Billion | 0.00% | 0.00x | $357.04 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $2.55 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.53 Billion | 7.20% | 0.77x | $1.94 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $1.00 Billion | 2.41% | 2.13x | $795.51 Million |
| Qingdao Doublestar Co Ltd (000599) | $2.38 Billion | -29.03% | 3.14x | $451.93 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $222.30 Million | 0.00% | 0.68x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $541.12 Million | -10.38% | 0.80x | $634.11 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $2.41 Billion | 12.25% | 0.89x | $946.59 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.79 Billion | 4.84% | 0.58x | $233.01 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $1.97 Billion | 26.21% | 0.98x | $2.06 Billion |