Shanghai Diesel Engine Co Ltd B
Shanghai New Power Automotive Technology Company Limited engages in the production and sale of diesel engines and parts in China. The company operates through segments, Diesel Engines and Parts and Vehicle and Parts Division. It is also involved production and sales of heavy-duty trucks and its parts. The company was formerly known as Shanghai Diesel Engine Co.,Ltd. and changed its name to Shangh… Read more
Shanghai Diesel Engine Co Ltd B (900920) - Net Assets
Latest net assets as of June 2025: $3.21 Billion USD
Based on the latest financial reports, Shanghai Diesel Engine Co Ltd B (900920) has net assets worth $3.21 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.00 Billion) and total liabilities ($9.78 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 | $3.21 Billion |
| % of Total Assets | 24.71% |
| Annual Growth Rate | 3.07% |
| 5-Year Change | -12.17% |
| 10-Year Change | 1.16% |
| Growth Volatility | 32.2 |
Shanghai Diesel Engine Co Ltd B - Net Assets Trend (2000–2024)
This chart illustrates how Shanghai Diesel Engine Co Ltd B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shanghai Diesel Engine Co Ltd B (2000–2024)
The table below shows the annual net assets of Shanghai Diesel Engine Co Ltd B from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.52 Billion | -36.37% |
| 2023-12-31 | $5.53 Billion | -30.48% |
| 2022-12-31 | $7.95 Billion | -18.60% |
| 2021-12-31 | $9.77 Billion | +143.92% |
| 2020-12-31 | $4.01 Billion | +5.47% |
| 2019-12-31 | $3.80 Billion | +2.04% |
| 2018-12-31 | $3.72 Billion | +2.60% |
| 2017-12-31 | $3.63 Billion | +2.60% |
| 2016-12-31 | $3.54 Billion | +1.67% |
| 2015-12-31 | $3.48 Billion | +1.28% |
| 2014-12-31 | $3.43 Billion | +3.36% |
| 2013-12-31 | $3.32 Billion | +4.24% |
| 2012-12-31 | $3.19 Billion | +44.93% |
| 2011-12-31 | $2.20 Billion | +7.14% |
| 2010-12-31 | $2.05 Billion | +4.98% |
| 2009-12-31 | $1.95 Billion | +1.49% |
| 2008-12-31 | $1.93 Billion | -6.46% |
| 2007-12-31 | $2.06 Billion | +1.22% |
| 2006-12-31 | $2.03 Billion | +0.33% |
| 2005-12-31 | $2.03 Billion | -3.82% |
| 2004-12-31 | $2.11 Billion | +15.00% |
| 2003-12-31 | $1.83 Billion | +9.55% |
| 2002-12-31 | $1.67 Billion | +2.35% |
| 2001-12-31 | $1.63 Billion | -4.08% |
| 2000-12-31 | $1.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Diesel Engine Co Ltd B'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 decreased by 7055.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $8.83 Billion | 251.06% |
| Total Equity | $3.52 Billion | 100.00% |
Shanghai Diesel Engine Co Ltd B Competitors by Market Cap
The table below lists competitors of Shanghai Diesel Engine Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
USI Corp
TW:1304
|
$220.86 Million |
|
Roman DBDR Acquisition Corp. II Unit
NASDAQ:DRDBU
|
$220.89 Million |
|
Morningstar Japan K.K
F:MJP
|
$220.91 Million |
|
PARKEN Sport & Entertainment
CO:PARKEN
|
$220.98 Million |
|
Here Group Limited
NASDAQ:HERE
|
$220.76 Million |
|
Anhui Coreach Technology Co Ltd
SHE:002983
|
$220.71 Million |
|
Zhejiang Yangfan New Materials Co Ltd
SHE:300637
|
$220.69 Million |
|
Yangzhou Chenhua New Material Co Ltd
SHE:300610
|
$220.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Diesel Engine Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,528,534,632 to 3,517,657,215, a change of -2,010,877,417 (-36.4%).
- Net loss of 1,998,976,181 reduced equity.
- Dividend payments of 106,358,620 reduced retained earnings.
- Other factors increased equity by 94,457,384.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.00 Billion | -56.83% |
| Dividends Paid | $106.36 Million | -3.02% |
| Other Changes | $94.46 Million | +2.69% |
| Total Change | $- | -36.37% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Diesel Engine Co Ltd B'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: 0.14x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $4.18 | $0.35 | x |
| 2018-12-31 | $4.29 | $0.35 | x |
| 2019-12-31 | $4.38 | $0.35 | x |
| 2020-12-31 | $4.59 | $0.35 | x |
| 2021-12-31 | $5.99 | $0.35 | x |
| 2022-12-31 | $4.87 | $0.35 | x |
| 2023-12-31 | $3.98 | $0.35 | x |
| 2024-12-31 | $2.53 | $0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Diesel Engine Co Ltd B 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): -56.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.91%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.76x
- Recent ROE (-56.83%) is below the historical average (-0.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.36% | 3.09% | 0.53x | 1.43x | $-126.65 Million |
| 2001 | 2.81% | 3.15% | 0.66x | 1.35x | $-113.96 Million |
| 2002 | 6.22% | 4.89% | 0.89x | 1.43x | $-61.18 Million |
| 2003 | 6.36% | 3.77% | 1.07x | 1.57x | $-63.05 Million |
| 2004 | 11.36% | 5.32% | 1.27x | 1.68x | $25.28 Million |
| 2005 | 0.33% | 0.19% | 0.87x | 2.00x | $-172.71 Million |
| 2006 | 0.71% | 0.43% | 0.98x | 1.69x | $-166.95 Million |
| 2007 | 0.97% | 0.52% | 0.99x | 1.91x | $-165.27 Million |
| 2008 | 1.50% | 0.77% | 1.25x | 1.56x | $-154.83 Million |
| 2009 | 3.67% | 2.06% | 1.04x | 1.71x | $-120.05 Million |
| 2010 | 6.72% | 2.82% | 1.19x | 1.99x | $-66.59 Million |
| 2011 | 9.51% | 4.47% | 1.16x | 1.84x | $-10.79 Million |
| 2012 | 6.42% | 6.72% | 0.61x | 1.56x | $-113.67 Million |
| 2013 | 6.20% | 6.89% | 0.54x | 1.65x | $-125.93 Million |
| 2014 | 4.38% | 5.51% | 0.51x | 1.57x | $-192.47 Million |
| 2015 | 2.68% | 4.30% | 0.41x | 1.53x | $-254.28 Million |
| 2016 | 2.77% | 3.84% | 0.45x | 1.62x | $-255.26 Million |
| 2017 | 3.37% | 3.33% | 0.55x | 1.84x | $-240.12 Million |
| 2018 | 3.59% | 3.24% | 0.59x | 1.89x | $-238.72 Million |
| 2019 | 3.08% | 2.90% | 0.54x | 1.96x | $-263.01 Million |
| 2020 | 5.11% | 3.32% | 0.67x | 2.31x | $-194.88 Million |
| 2021 | 7.09% | 2.84% | 1.01x | 2.48x | $-283.95 Million |
| 2022 | -20.26% | -16.23% | 0.45x | 2.78x | $-2.41 Billion |
| 2023 | -44.54% | -28.37% | 0.48x | 3.28x | $-3.02 Billion |
| 2024 | -56.83% | -30.91% | 0.49x | 3.76x | $-2.35 Billion |
Industry Comparison
This section compares Shanghai Diesel Engine Co Ltd B's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $4,713,679,816
- Average return on equity (ROE) among peers: 9.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Diesel Engine Co Ltd B (900920) | $3.21 Billion | 2.36% | 3.05x | $220.82 Million |
| XCMG Construction Machinery Co Ltd (000425) | $20.48 Billion | 1.02% | 1.15x | $11.30 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $737.85 Million | 2.72% | 0.71x | $1.96 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $4.51 Billion | 1.03% | 1.49x | $1.25 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.54 Billion | -0.35% | 0.35x | $528.05 Million |
| Sinotruk Jinan Truck Co Ltd (000951) | $14.59 Billion | 1.46% | 1.36x | $1.65 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $474.72 Million | 1.13% | 1.63x | $610.98 Million |
| Anhui Tuoshan Heavy Industry Co. Ltd. (001226) | $252.67 Million | 34.83% | 1.21x | $123.77 Million |
| Nanchang Mineral Systems Co. Ltd. A (001360) | $569.40 Million | 21.21% | 1.34x | $202.86 Million |
| Sunward Intelligent Equipment Co Ltd (002097) | $163.46 Million | 23.10% | 1.31x | $970.29 Million |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $2.82 Billion | 8.32% | 0.62x | $383.43 Million |