Shenzhen Sed Industry Co Ltd
Shenzhen SED Industry Co., Ltd. provides digital and information, and industrial services in China. The company offers cloud computing and storage, data innovation, digital government and industry digital, high-tech industry engineering, digital infrastructure, and smart heating services; high-tech engineering services, such as semiconductors, LCD panels, life sciences, intelligent data centers, … Read more
Shenzhen Sed Industry Co Ltd (000032) - Net Assets
Latest net assets as of September 2025: CN¥11.84 Billion CNY
Based on the latest financial reports, Shenzhen Sed Industry Co Ltd (000032) has net assets worth CN¥11.84 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¥67.22 Billion) and total liabilities (CN¥55.37 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¥11.84 Billion |
| % of Total Assets | 17.62% |
| Annual Growth Rate | 16.68% |
| 5-Year Change | 585.68% |
| 10-Year Change | 721.62% |
| Growth Volatility | 79.48 |
Shenzhen Sed Industry Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how Shenzhen Sed Industry 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 Shenzhen Sed Industry Co Ltd (1992–2024)
The table below shows the annual net assets of Shenzhen Sed Industry Co Ltd from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.39 Billion | +4.37% |
| 2023-12-31 | CN¥11.87 Billion | +17.27% |
| 2022-12-31 | CN¥10.13 Billion | +6.75% |
| 2021-12-31 | CN¥9.49 Billion | +424.77% |
| 2020-12-31 | CN¥1.81 Billion | +9.00% |
| 2019-12-31 | CN¥1.66 Billion | +9.38% |
| 2018-12-31 | CN¥1.52 Billion | -3.36% |
| 2017-12-31 | CN¥1.57 Billion | +1.23% |
| 2016-12-31 | CN¥1.55 Billion | +2.73% |
| 2015-12-31 | CN¥1.51 Billion | +45.92% |
| 2014-12-31 | CN¥1.03 Billion | +1.85% |
| 2013-12-31 | CN¥1.02 Billion | -3.19% |
| 2012-12-31 | CN¥1.05 Billion | +20.58% |
| 2011-12-31 | CN¥869.50 Million | +8.46% |
| 2010-12-31 | CN¥801.66 Million | +1.00% |
| 2009-12-31 | CN¥793.72 Million | -0.57% |
| 2008-12-31 | CN¥798.27 Million | -3.05% |
| 2007-12-31 | CN¥823.36 Million | +20.48% |
| 2006-12-31 | CN¥683.42 Million | +3.62% |
| 2005-12-31 | CN¥659.52 Million | +5.38% |
| 2004-12-31 | CN¥625.86 Million | +0.85% |
| 2003-12-31 | CN¥620.61 Million | +11.45% |
| 2002-12-31 | CN¥556.87 Million | +86.99% |
| 2001-12-31 | CN¥297.80 Million | +9.10% |
| 2000-12-31 | CN¥272.95 Million | +9.78% |
| 1999-12-31 | CN¥248.64 Million | -17.47% |
| 1998-12-31 | CN¥301.27 Million | +7.45% |
| 1997-12-31 | CN¥280.39 Million | +1.82% |
| 1996-12-31 | CN¥275.37 Million | +0.61% |
| 1995-12-31 | CN¥273.69 Million | -0.39% |
| 1994-12-31 | CN¥274.77 Million | +8.75% |
| 1993-12-31 | CN¥252.65 Million | +183.59% |
| 1992-12-31 | CN¥89.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sed Industry 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 163208200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.63 Billion | 25.13% |
| Common Stock | CN¥1.14 Billion | 17.52% |
| Other Components | CN¥3.72 Billion | 57.35% |
| Total Equity | CN¥6.49 Billion | 100.00% |
Shenzhen Sed Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Sed Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zip Co Limited
PINK:ZIZTF
|
$1.18 Billion |
|
Enviri Corporation
NYSE:NVRI
|
$1.18 Billion |
|
Thanachart Capital Public Company Limited
BK:TCAP
|
$1.18 Billion |
|
Shanghai Zhonggu Logistics Co Ltd
SHG:603565
|
$1.18 Billion |
|
Deluxe Corporation
NYSE:DLX
|
$1.18 Billion |
|
Insigma
SHG:600797
|
$1.18 Billion |
|
Hooker Ltd Ord
OTCGREY:HOKRF
|
$1.18 Billion |
|
Westamerica Bancorporation
NASDAQ:WABC
|
$1.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sed Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,488,818,048 to 6,494,763,000, a change of 5,944,952 (0.1%).
- Net income of 329,726,278 contributed positively to equity growth.
- Dividend payments of 537,269,201 reduced retained earnings.
- Other factors increased equity by 213,487,875.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥329.73 Million | +5.08% |
| Dividends Paid | CN¥537.27 Million | -8.27% |
| Other Changes | CN¥213.49 Million | +3.29% |
| Total Change | CN¥- | 0.09% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sed Industry 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: 3.08x
- 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 88.12x to 3.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | CN¥0.20 | CN¥17.57 | x |
| 1992-12-31 | CN¥0.27 | CN¥17.57 | x |
| 1993-12-31 | CN¥0.83 | CN¥17.57 | x |
| 1994-12-31 | CN¥0.94 | CN¥17.57 | x |
| 1995-12-31 | CN¥0.94 | CN¥17.57 | x |
| 1996-12-31 | CN¥0.95 | CN¥17.57 | x |
| 1997-12-31 | CN¥0.96 | CN¥17.57 | x |
| 1998-12-31 | CN¥1.02 | CN¥17.57 | x |
| 1999-12-31 | CN¥0.81 | CN¥17.57 | x |
| 2000-12-31 | CN¥0.88 | CN¥17.57 | x |
| 2001-12-31 | CN¥0.95 | CN¥17.57 | x |
| 2002-12-31 | CN¥1.88 | CN¥17.57 | x |
| 2003-12-31 | CN¥2.05 | CN¥17.57 | x |
| 2004-12-31 | CN¥2.05 | CN¥17.57 | x |
| 2005-12-31 | CN¥2.13 | CN¥17.57 | x |
| 2006-12-31 | CN¥2.21 | CN¥17.57 | x |
| 2007-12-31 | CN¥2.77 | CN¥17.57 | x |
| 2008-12-31 | CN¥2.69 | CN¥17.57 | x |
| 2009-12-31 | CN¥2.66 | CN¥17.57 | x |
| 2010-12-31 | CN¥2.58 | CN¥17.57 | x |
| 2011-12-31 | CN¥2.68 | CN¥17.57 | x |
| 2012-12-31 | CN¥3.25 | CN¥17.57 | x |
| 2013-12-31 | CN¥3.44 | CN¥17.57 | x |
| 2014-12-31 | CN¥2.08 | CN¥17.57 | x |
| 2015-12-31 | CN¥3.29 | CN¥17.57 | x |
| 2016-12-31 | CN¥3.31 | CN¥17.57 | x |
| 2017-12-31 | CN¥3.49 | CN¥17.57 | x |
| 2018-12-31 | CN¥3.32 | CN¥17.57 | x |
| 2019-12-31 | CN¥3.56 | CN¥17.57 | x |
| 2020-12-31 | CN¥2.23 | CN¥17.57 | x |
| 2021-12-31 | CN¥6.08 | CN¥17.57 | x |
| 2022-12-31 | CN¥4.89 | CN¥17.57 | x |
| 2023-12-31 | CN¥5.70 | CN¥17.57 | x |
| 2024-12-31 | CN¥5.71 | CN¥17.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sed Industry 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): 5.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 10.83x
- Recent ROE (5.08%) is below the historical average (8.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 24.64% | 11.93% | 0.40x | 5.14x | CN¥8.16 Million |
| 1992 | 37.51% | 9.75% | 0.92x | 4.17x | CN¥20.87 Million |
| 1993 | 14.91% | 12.62% | 0.61x | 1.94x | CN¥11.46 Million |
| 1994 | 13.71% | 12.98% | 0.54x | 1.94x | CN¥9.72 Million |
| 1995 | 5.77% | 4.97% | 0.53x | 2.19x | CN¥-11.05 Million |
| 1996 | 4.91% | 5.00% | 0.45x | 2.20x | CN¥-13.57 Million |
| 1997 | 1.30% | 1.11% | 0.46x | 2.54x | CN¥-23.29 Million |
| 1998 | 6.18% | 3.55% | 0.67x | 2.61x | CN¥-10.91 Million |
| 1999 | 13.68% | 3.64% | 1.16x | 3.23x | CN¥8.35 Million |
| 2000 | 12.33% | 2.62% | 1.36x | 3.45x | CN¥5.71 Million |
| 2001 | 13.70% | 2.15% | 1.89x | 3.37x | CN¥9.82 Million |
| 2002 | 8.19% | 3.11% | 1.29x | 2.04x | CN¥-9.50 Million |
| 2003 | 7.89% | 3.53% | 1.16x | 1.92x | CN¥-12.10 Million |
| 2004 | 4.50% | 1.70% | 1.23x | 2.16x | CN¥-31.54 Million |
| 2005 | 6.71% | 2.71% | 1.12x | 2.21x | CN¥-19.60 Million |
| 2006 | 6.75% | 2.47% | 1.23x | 2.22x | CN¥-20.16 Million |
| 2007 | 11.14% | 4.56% | 1.04x | 2.34x | CN¥8.91 Million |
| 2008 | 9.75% | 4.30% | 1.25x | 1.81x | CN¥-1.91 Million |
| 2009 | 5.48% | 3.31% | 0.86x | 1.93x | CN¥-33.60 Million |
| 2010 | 3.91% | 1.94% | 0.99x | 2.03x | CN¥-44.55 Million |
| 2011 | 3.73% | 1.58% | 1.09x | 2.16x | CN¥-45.80 Million |
| 2012 | 19.74% | 11.84% | 0.90x | 1.86x | CN¥88.61 Million |
| 2013 | 0.97% | 0.52% | 1.08x | 1.71x | CN¥-79.19 Million |
| 2014 | 2.45% | 1.52% | 1.01x | 1.60x | CN¥-67.31 Million |
| 2015 | 3.96% | 2.77% | 0.93x | 1.54x | CN¥-83.38 Million |
| 2016 | 4.23% | 3.08% | 1.01x | 1.36x | CN¥-82.87 Million |
| 2017 | 2.54% | 1.98% | 0.98x | 1.31x | CN¥-109.92 Million |
| 2018 | 9.25% | 0.62% | 9.45x | 1.58x | CN¥-10.30 Million |
| 2019 | 16.71% | 0.92% | 11.41x | 1.59x | CN¥98.59 Million |
| 2020 | 13.51% | 0.67% | 12.40x | 1.64x | CN¥55.58 Million |
| 2021 | 6.41% | 0.88% | 1.00x | 7.31x | CN¥-216.38 Million |
| 2022 | -2.84% | -0.31% | 0.97x | 9.49x | CN¥-715.39 Million |
| 2023 | 5.08% | 0.59% | 1.00x | 8.71x | CN¥-319.24 Million |
| 2024 | 5.08% | 0.49% | 0.96x | 10.83x | CN¥-319.75 Million |
Industry Comparison
This section compares Shenzhen Sed Industry Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,517,558,716
- Average return on equity (ROE) among peers: -22.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sed Industry Co Ltd (000032) | CN¥11.84 Billion | 24.64% | 4.68x | $1.18 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |