Shenzhen Sed Industry Co Ltd Net Assets
Shenzhen Sed Industry Co Ltd net assets. Based on the latest financial reports, Shenzhen Sed Industry Co Ltd (000032) has net assets worth CN¥13.29 Billion CNY (≈ $1.95 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥73.31 Billion ≈ $10.73 Billion USD) and total liabilities (CN¥60.02 Billion ≈ $8.78 Billion 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. Also explore Shenzhen Sed Industry Co Ltd (000032) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥13.29 Billion |
| % of Total Assets | 18.13% |
| Annual Growth Rate | 16.39% |
| 5-Year Change | 37.27% |
| 10-Year Change | 760.8% |
| Growth Volatility | 65.28 |
Net Assets of Shenzhen Sed Industry Co Ltd (1992–2025)
Net assets of Shenzhen Sed Industry Co Ltd from 1992 to 2025. This chart illustrates how Shenzhen Sed Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen Sed Industry Co Ltd (000032) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shenzhen Sed Industry Co Ltd (1992–2025)
The table below shows the annual net assets of Shenzhen Sed Industry Co Ltd from 1992 to 2025. For live market cap and overall valuation, see market value of Shenzhen Sed Industry Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥13.34 Billion ≈ $1.95 Billion |
+7.62% |
| 2024-12-31 | CN¥12.39 Billion ≈ $1.81 Billion |
+4.37% |
| 2023-12-31 | CN¥11.87 Billion ≈ $1.74 Billion |
+17.23% |
| 2022-12-31 | CN¥10.13 Billion ≈ $1.48 Billion |
+4.23% |
| 2021-12-31 | CN¥9.72 Billion ≈ $1.42 Billion |
+34.71% |
| 2020-12-31 | CN¥7.21 Billion ≈ $1.06 Billion |
+335.04% |
| 2019-12-31 | CN¥1.66 Billion ≈ $242.66 Million |
+9.35% |
| 2018-12-31 | CN¥1.52 Billion ≈ $221.90 Million |
-9.37% |
| 2017-12-31 | CN¥1.67 Billion ≈ $244.85 Million |
+7.98% |
| 2016-12-31 | CN¥1.55 Billion ≈ $226.76 Million |
+2.73% |
| 2015-12-31 | CN¥1.51 Billion ≈ $220.74 Million |
+1.10% |
| 2014-12-31 | CN¥1.49 Billion ≈ $218.34 Million |
+47.00% |
| 2013-12-31 | CN¥1.02 Billion ≈ $148.53 Million |
-3.19% |
| 2012-12-31 | CN¥1.05 Billion ≈ $153.43 Million |
+20.58% |
| 2011-12-31 | CN¥869.50 Million ≈ $127.24 Million |
+1.75% |
| 2010-12-31 | CN¥854.56 Million ≈ $125.05 Million |
+7.67% |
| 2009-12-31 | CN¥793.72 Million ≈ $116.15 Million |
-0.57% |
| 2008-12-31 | CN¥798.27 Million ≈ $116.81 Million |
-3.05% |
| 2007-12-31 | CN¥823.36 Million ≈ $120.48 Million |
+13.59% |
| 2006-12-31 | CN¥724.83 Million ≈ $106.06 Million |
+9.90% |
| 2005-12-31 | CN¥659.52 Million ≈ $96.51 Million |
+5.38% |
| 2004-12-31 | CN¥625.86 Million ≈ $91.58 Million |
+0.85% |
| 2003-12-31 | CN¥620.61 Million ≈ $90.82 Million |
+5.78% |
| 2002-12-31 | CN¥586.73 Million ≈ $85.86 Million |
+97.02% |
| 2001-12-31 | CN¥297.80 Million ≈ $43.58 Million |
+10.77% |
| 2000-12-31 | CN¥268.84 Million ≈ $39.34 Million |
+8.12% |
| 1999-12-31 | CN¥248.64 Million ≈ $36.38 Million |
+12.31% |
| 1998-12-31 | CN¥221.38 Million ≈ $32.40 Million |
-21.06% |
| 1997-12-31 | CN¥280.45 Million ≈ $41.04 Million |
+1.85% |
| 1996-12-31 | CN¥275.37 Million ≈ $40.29 Million |
+0.61% |
| 1995-12-31 | CN¥273.69 Million ≈ $40.05 Million |
-0.39% |
| 1994-12-31 | CN¥274.77 Million ≈ $40.21 Million |
+8.75% |
| 1993-12-31 | CN¥252.65 Million ≈ $36.97 Million |
+183.59% |
| 1992-12-31 | CN¥89.09 Million ≈ $13.04 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 142084739075.0% over the analyzed period, indicating profitable operations and earnings retention.
Shenzhen Sed Industry Co Ltd Net Assets Breakdown (December 2025)
Shenzhen Sed Industry Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.42 Billion | 19.04% |
| Other Components | CN¥6.04 Billion | 80.96% |
| Total Equity | CN¥7.46 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 |
|---|---|
|
Recursion Pharmaceuticals Inc
NASDAQ:RXRX
|
$1.84 Billion |
|
Dunelm Group plc
F:DFQ
|
$1.84 Billion |
|
Southchip Semiconductor Technology (Shanghai) Co. Ltd. A
SHG:688484
|
$1.84 Billion |
|
Lily Group Co Ltd
SHG:603823
|
$1.84 Billion |
|
Entra ASA
OL:ENTRA
|
$1.84 Billion |
|
Newmark Group Inc
NASDAQ:NMRK
|
$1.84 Billion |
|
OFG Bancorp
NYSE:OFG
|
$1.84 Billion |
|
Central China Securities Co Ltd
SHG:601375
|
$1.84 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 2024 to 2025, total equity changed from 6,494,763,000 to 7,462,163,164, a change of 967,400,164 (14.9%).
- Net loss of 127,069,431 reduced equity.
- Dividend payments of 474,741,712 reduced retained earnings.
- Other factors increased equity by 1,569,211,307.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-127.07 Million | -1.7% |
| Dividends Paid | CN¥474.74 Million | -6.36% |
| Other Changes | CN¥1.57 Billion | +21.03% |
| Total Change | CN¥- | 14.90% |
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: 1.58x
- 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 52.01x to 1.58x 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¥10.37 | x |
| 1992-12-31 | CN¥0.27 | CN¥10.37 | x |
| 1993-12-31 | CN¥0.83 | CN¥10.37 | x |
| 1994-12-31 | CN¥0.94 | CN¥10.37 | x |
| 1995-12-31 | CN¥0.94 | CN¥10.37 | x |
| 1996-12-31 | CN¥0.95 | CN¥10.37 | x |
| 1997-12-31 | CN¥0.96 | CN¥10.37 | x |
| 1998-12-31 | CN¥0.74 | CN¥10.37 | x |
| 1999-12-31 | CN¥0.81 | CN¥10.37 | x |
| 2000-12-31 | CN¥0.87 | CN¥10.37 | x |
| 2001-12-31 | CN¥0.95 | CN¥10.37 | x |
| 2002-12-31 | CN¥1.99 | CN¥10.37 | x |
| 2003-12-31 | CN¥2.05 | CN¥10.37 | x |
| 2004-12-31 | CN¥2.05 | CN¥10.37 | x |
| 2005-12-31 | CN¥2.13 | CN¥10.37 | x |
| 2006-12-31 | CN¥2.36 | CN¥10.37 | x |
| 2007-12-31 | CN¥2.77 | CN¥10.37 | x |
| 2008-12-31 | CN¥2.69 | CN¥10.37 | x |
| 2009-12-31 | CN¥2.66 | CN¥10.37 | x |
| 2010-12-31 | CN¥2.68 | CN¥10.37 | x |
| 2011-12-31 | CN¥2.68 | CN¥10.37 | x |
| 2012-12-31 | CN¥3.90 | CN¥10.37 | x |
| 2013-12-31 | CN¥3.44 | CN¥10.37 | x |
| 2014-12-31 | CN¥5.56 | CN¥10.37 | x |
| 2015-12-31 | CN¥3.29 | CN¥10.37 | x |
| 2016-12-31 | CN¥3.31 | CN¥10.37 | x |
| 2017-12-31 | CN¥3.55 | CN¥10.37 | x |
| 2018-12-31 | CN¥3.32 | CN¥10.37 | x |
| 2019-12-31 | CN¥2.10 | CN¥10.37 | x |
| 2020-12-31 | CN¥4.05 | CN¥10.37 | x |
| 2021-12-31 | CN¥6.25 | CN¥10.37 | x |
| 2022-12-31 | CN¥4.89 | CN¥10.37 | x |
| 2023-12-31 | CN¥5.70 | CN¥10.37 | x |
| 2024-12-31 | CN¥5.71 | CN¥10.37 | x |
| 2025-12-31 | CN¥6.56 | CN¥10.37 | 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): -1.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.26%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 9.79x
- Recent ROE (-1.70%) is below the historical average (8.43%), 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 | 8.58% | 3.55% | 0.75x | 3.23x | CN¥-2.93 Million |
| 1999 | 13.68% | 3.64% | 1.16x | 3.23x | CN¥8.35 Million |
| 2000 | 12.48% | 2.62% | 1.37x | 3.47x | CN¥6.01 Million |
| 2001 | 13.70% | 2.15% | 1.89x | 3.37x | CN¥9.82 Million |
| 2002 | 7.76% | 3.11% | 1.29x | 1.93x | CN¥-12.49 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 | 6.33% | 2.47% | 1.19x | 2.16x | CN¥-24.28 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 | 3.76% | 1.94% | 0.83x | 2.34x | CN¥-47.63 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 | 1.62% | 1.52% | 0.52x | 2.05x | CN¥-113.14 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 | 2.49% | 1.98% | 0.86x | 1.46x | CN¥-112.63 Million |
| 2018 | 7.83% | 0.53% | 9.45x | 1.58x | CN¥-29.61 Million |
| 2019 | 16.71% | 0.92% | 11.41x | 1.59x | CN¥98.59 Million |
| 2020 | 7.44% | 0.67% | 0.89x | 12.59x | CN¥-73.57 Million |
| 2021 | 6.24% | 0.88% | 0.96x | 7.41x | CN¥-232.82 Million |
| 2022 | -2.84% | -0.31% | 0.97x | 9.48x | CN¥-715.72 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 |
| 2025 | -1.70% | -0.26% | 0.67x | 9.79x | CN¥-873.29 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: $1,402,186,136
- Average return on equity (ROE) among peers: 4.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sed Industry Co Ltd (000032) | CN¥13.29 Billion | 24.64% | 4.51x | $1.84 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $165.66 Million | 1.06% | 0.78x | $193.46 Million |
| NORINCO International Cooperation Ltd (000065) | $428.71 Million | -10.83% | 2.13x | $1.59 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $1.04 Billion | 8.97% | 1.99x | $850.36 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $2.31 Billion | 11.33% | 3.08x | $1.42 Billion |
| Jinyuan Cement Co Ltd (000546) | $4.26 Billion | 8.79% | 0.98x | $418.76 Million |
| Hunan Investment Group Co Ltd (000548) | $1.23 Billion | 5.55% | 0.33x | $309.74 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $137.88 Million | 4.37% | 21.41x | $1.95 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $501.14 Million | 5.55% | 0.23x | $509.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.55 Billion | 9.00% | 0.77x | $562.87 Million |
About 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, and digital government and industry digitization services. It also provides high-tech industry services, such as cleanroom services, digital heating, and new energy services. In addition, the company offers housing rental; smart light… Read more