Shenzhen Textile Holdings Co Ltd (000045) - Net Assets
Based on the latest financial reports, Shenzhen Textile Holdings Co Ltd (000045) has net assets worth CN¥4.32 Billion CNY (≈ $632.37 Million 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¥5.49 Billion ≈ $803.51 Million USD) and total liabilities (CN¥1.17 Billion ≈ $171.14 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. Explore cash flow conversion of Shenzhen Textile Holdings Co Ltd to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.32 Billion |
| % of Total Assets | 78.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | 8.24% |
| 10-Year Change | 24.72% |
| Growth Volatility | 39.63 |
Shenzhen Textile Holdings Co Ltd - Net Assets Trend (1991–2025)
This chart illustrates how Shenzhen Textile Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore Shenzhen Textile Holdings Co Ltd (000045) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Shenzhen Textile Holdings Co Ltd (1991–2025)
The table below shows the annual net assets of Shenzhen Textile Holdings Co Ltd from 1991 to 2025. For live valuation and market cap data, see Shenzhen Textile Holdings Co Ltd (000045) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.29 Billion ≈ $627.82 Million |
+1.30% |
| 2024-12-31 | CN¥4.24 Billion ≈ $619.76 Million |
+3.00% |
| 2023-12-31 | CN¥4.11 Billion ≈ $601.70 Million |
+2.01% |
| 2022-12-31 | CN¥4.03 Billion ≈ $589.87 Million |
+1.70% |
| 2021-12-31 | CN¥3.96 Billion ≈ $580.03 Million |
+1.65% |
| 2020-12-31 | CN¥3.90 Billion ≈ $570.59 Million |
+1.16% |
| 2019-12-31 | CN¥3.85 Billion ≈ $564.05 Million |
+11.42% |
| 2018-12-31 | CN¥3.46 Billion ≈ $506.23 Million |
-1.80% |
| 2017-12-31 | CN¥3.52 Billion ≈ $515.53 Million |
+2.41% |
| 2016-12-31 | CN¥3.44 Billion ≈ $503.40 Million |
+58.20% |
| 2015-12-31 | CN¥2.17 Billion ≈ $318.21 Million |
-0.99% |
| 2014-12-31 | CN¥2.20 Billion ≈ $321.38 Million |
-4.42% |
| 2013-12-31 | CN¥2.30 Billion ≈ $336.25 Million |
+76.35% |
| 2012-12-31 | CN¥1.30 Billion ≈ $190.67 Million |
-4.86% |
| 2011-12-31 | CN¥1.37 Billion ≈ $200.42 Million |
+1.76% |
| 2010-12-31 | CN¥1.35 Billion ≈ $196.96 Million |
+172.88% |
| 2009-12-31 | CN¥493.25 Million ≈ $72.18 Million |
+18.22% |
| 2008-12-31 | CN¥417.23 Million ≈ $61.05 Million |
-6.37% |
| 2007-12-31 | CN¥445.61 Million ≈ $65.21 Million |
+0.96% |
| 2006-12-31 | CN¥441.36 Million ≈ $64.58 Million |
-0.59% |
| 2005-12-31 | CN¥443.96 Million ≈ $64.97 Million |
+3.08% |
| 2004-12-31 | CN¥430.71 Million ≈ $63.03 Million |
+2.00% |
| 2003-12-31 | CN¥422.28 Million ≈ $61.79 Million |
+14.20% |
| 2002-12-31 | CN¥369.77 Million ≈ $54.11 Million |
+3.98% |
| 2001-12-31 | CN¥355.63 Million ≈ $52.04 Million |
+8.53% |
| 2000-12-31 | CN¥327.67 Million ≈ $47.95 Million |
+21.65% |
| 1999-12-31 | CN¥269.36 Million ≈ $39.42 Million |
+11.02% |
| 1998-12-31 | CN¥242.62 Million ≈ $35.50 Million |
-42.07% |
| 1997-12-31 | CN¥418.83 Million ≈ $61.29 Million |
+4.10% |
| 1996-12-31 | CN¥402.33 Million ≈ $58.87 Million |
-0.20% |
| 1995-12-31 | CN¥403.13 Million ≈ $58.99 Million |
-0.48% |
| 1994-12-31 | CN¥405.07 Million ≈ $59.28 Million |
-- |
| 1993-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1992-12-31 | CN¥71.92 Million ≈ $10.52 Million |
-- |
| 1991-12-31 | CN¥0.00 ≈ $0.00 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Textile Holdings 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 30252015830.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥302.52 Million | 10.15% |
| Other Components | CN¥2.68 Billion | 89.85% |
| Total Equity | CN¥2.98 Billion | 100.00% |
Shenzhen Textile Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Textile Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
African Rainbow Capital Investments Ltd
JSE:AIL
|
$782.54 Million |
|
Risesun Real Estate Development Co Ltd
SHE:002146
|
$782.62 Million |
|
Siri Prime Office Property Fd
BK:SIRI
|
$782.62 Million |
|
Platzer Fastigheter Holding AB (publ)
ST:PLAZ-B
|
$782.76 Million |
|
Construtora Tenda S.A
SA:TEND3
|
$782.30 Million |
|
Marimaca Copper Corp
TO:MARI
|
$782.18 Million |
|
Rpmglobal Holdings Ltd
AU:RUL
|
$782.09 Million |
|
Anyang Iron & Steel Inc
SHG:600569
|
$781.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Textile Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,951,869,910 to 2,979,719,569, a change of 27,849,659 (0.9%).
- Net income of 68,418,663 contributed positively to equity growth.
- Dividend payments of 42,123,749 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥68.42 Million | +2.3% |
| Dividends Paid | CN¥42.12 Million | -1.41% |
| Other Changes | CN¥1.55 Million | +0.05% |
| Total Change | CN¥- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Textile Holdings 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: 1.99x
- 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 40.46x to 1.99x 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¥0.29 | CN¥11.70 | x |
| 1992-12-31 | CN¥0.29 | CN¥11.70 | x |
| 1993-12-31 | CN¥0.48 | CN¥11.70 | x |
| 1994-12-31 | CN¥1.72 | CN¥11.70 | x |
| 1995-12-31 | CN¥1.72 | CN¥11.70 | x |
| 1996-12-31 | CN¥1.72 | CN¥11.70 | x |
| 1997-12-31 | CN¥1.80 | CN¥11.70 | x |
| 1998-12-31 | CN¥1.01 | CN¥11.70 | x |
| 1999-12-31 | CN¥1.11 | CN¥11.70 | x |
| 2000-12-31 | CN¥1.20 | CN¥11.70 | x |
| 2001-12-31 | CN¥1.31 | CN¥11.70 | x |
| 2002-12-31 | CN¥2.00 | CN¥11.70 | x |
| 2003-12-31 | CN¥2.23 | CN¥11.70 | x |
| 2004-12-31 | CN¥2.21 | CN¥11.70 | x |
| 2005-12-31 | CN¥1.49 | CN¥11.70 | x |
| 2006-12-31 | CN¥1.46 | CN¥11.70 | x |
| 2007-12-31 | CN¥1.57 | CN¥11.70 | x |
| 2008-12-31 | CN¥1.72 | CN¥11.70 | x |
| 2009-12-31 | CN¥2.08 | CN¥11.70 | x |
| 2010-12-31 | CN¥4.63 | CN¥11.70 | x |
| 2011-12-31 | CN¥4.20 | CN¥11.70 | x |
| 2012-12-31 | CN¥3.86 | CN¥11.70 | x |
| 2013-12-31 | CN¥4.87 | CN¥11.70 | x |
| 2014-12-31 | CN¥4.25 | CN¥11.70 | x |
| 2015-12-31 | CN¥5.12 | CN¥11.70 | x |
| 2016-12-31 | CN¥4.56 | CN¥11.70 | x |
| 2017-12-31 | CN¥4.54 | CN¥11.70 | x |
| 2018-12-31 | CN¥4.13 | CN¥11.70 | x |
| 2019-12-31 | CN¥5.54 | CN¥11.70 | x |
| 2020-12-31 | CN¥5.20 | CN¥11.70 | x |
| 2021-12-31 | CN¥5.56 | CN¥11.70 | x |
| 2022-12-31 | CN¥5.44 | CN¥11.70 | x |
| 2023-12-31 | CN¥5.82 | CN¥11.70 | x |
| 2024-12-31 | CN¥5.95 | CN¥11.70 | x |
| 2025-12-31 | CN¥5.88 | CN¥11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Textile Holdings 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): 2.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.11%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.82x
- Recent ROE (2.30%) is below the historical average (3.71%), 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 | 8.35% | 2.43% | 0.68x | 5.02x | CN¥-1.10 Million |
| 1992 | 30.08% | 5.82% | 0.69x | 7.54x | CN¥13.52 Million |
| 1993 | 37.66% | 13.17% | 0.65x | 4.42x | CN¥30.89 Million |
| 1994 | 8.52% | 12.01% | 0.41x | 1.74x | CN¥-5.88 Million |
| 1995 | 5.10% | 7.35% | 0.39x | 1.79x | CN¥-19.44 Million |
| 1996 | 3.98% | 8.11% | 0.27x | 1.83x | CN¥-23.97 Million |
| 1997 | 4.29% | 8.47% | 0.28x | 1.80x | CN¥-23.74 Million |
| 1998 | -51.26% | -77.75% | 0.27x | 2.44x | CN¥-142.44 Million |
| 1999 | 8.13% | 10.00% | 0.33x | 2.45x | CN¥-4.79 Million |
| 2000 | 8.16% | 7.76% | 0.42x | 2.50x | CN¥-5.12 Million |
| 2001 | 8.30% | 7.33% | 0.47x | 2.42x | CN¥-5.16 Million |
| 2002 | 0.39% | 0.26% | 0.61x | 2.45x | CN¥-29.29 Million |
| 2003 | 10.06% | 7.54% | 0.64x | 2.09x | CN¥192.61K |
| 2004 | 8.00% | 6.01% | 0.67x | 1.99x | CN¥-6.75 Million |
| 2005 | 6.29% | 5.52% | 0.59x | 1.92x | CN¥-12.75 Million |
| 2006 | 1.99% | 1.21% | 0.84x | 1.95x | CN¥-27.11 Million |
| 2007 | 3.18% | 2.36% | 0.72x | 1.87x | CN¥-24.78 Million |
| 2008 | 11.02% | 12.63% | 0.64x | 1.36x | CN¥4.27 Million |
| 2009 | 7.71% | 7.79% | 0.61x | 1.63x | CN¥-11.31 Million |
| 2010 | 3.02% | 6.38% | 0.39x | 1.23x | CN¥-93.89 Million |
| 2011 | 3.57% | 6.86% | 0.39x | 1.32x | CN¥-88.05 Million |
| 2012 | -6.22% | -9.58% | 0.45x | 1.44x | CN¥-211.29 Million |
| 2013 | 2.06% | 4.17% | 0.40x | 1.24x | CN¥-182.56 Million |
| 2014 | -5.17% | -9.38% | 0.43x | 1.29x | CN¥-333.22 Million |
| 2015 | 0.39% | 0.69% | 0.41x | 1.37x | CN¥-208.96 Million |
| 2016 | -3.73% | -7.28% | 0.29x | 1.76x | CN¥-321.23 Million |
| 2017 | 2.20% | 3.58% | 0.35x | 1.75x | CN¥-186.97 Million |
| 2018 | -0.97% | -1.81% | 0.28x | 1.95x | CN¥-260.31 Million |
| 2019 | 0.72% | 0.91% | 0.48x | 1.66x | CN¥-253.10 Million |
| 2020 | 1.35% | 1.77% | 0.42x | 1.80x | CN¥-239.36 Million |
| 2021 | 1.98% | 2.39% | 0.42x | 1.98x | CN¥-225.95 Million |
| 2022 | 2.57% | 2.58% | 0.51x | 1.97x | CN¥-211.62 Million |
| 2023 | 2.75% | 2.57% | 0.55x | 1.96x | CN¥-208.95 Million |
| 2024 | 3.03% | 2.68% | 0.64x | 1.77x | CN¥-205.82 Million |
| 2025 | 2.30% | 2.11% | 0.60x | 1.82x | CN¥-229.55 Million |
Industry Comparison
This section compares Shenzhen Textile Holdings Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,296,645,164
- Average return on equity (ROE) among peers: 5.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Textile Holdings Co Ltd (000045) | CN¥4.32 Billion | 8.35% | 0.27x | $782.46 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $3.71 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $1.07 Billion | 0.77% | 0.84x | $1.60 Billion |
| Lu Thai Textile Co Ltd (000726) | $1.28 Billion | 8.92% | 0.16x | $511.26 Million |
| Anhui Huamao Textile Co Ltd (000850) | $747.53 Million | 12.76% | 0.47x | $555.11 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $6.20 Billion | 22.31% | 0.81x | $1.72 Billion |
| Xinlong Holding Group Co Ltd (000955) | $656.03 Million | -11.72% | 0.66x | $335.62 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $276.88 Million | 0.28% | 0.93x | $1.08 Billion |
| Sunvim Group Co Ltd (002083) | $2.71 Billion | 6.73% | 1.65x | $1.39 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.71 Billion | 7.32% | 0.21x | $318.41 Million |
About Shenzhen Textile Holdings Co Ltd
Shenzhen Textile (Holdings) Co., Ltd., together with its subsidiaries, engages in the research and development, production, sale, and marketing of polarizers in China and internationally. It operates through two segments, Polarizer Business; and Property Leasing and Other. The company offers polarizers for liquid crystal displays, TN, STN, TFT, OLED, 3D, dye films, optical film for touch screen, … Read more