Shenzhen Desay Battery Technology Co Ltd (000049) - Net Assets

Latest as of September 2025: CN¥6.62 Billion CNY ≈ $968.29 Million USD

Based on the latest financial reports, Shenzhen Desay Battery Technology Co Ltd (000049) has net assets worth CN¥6.62 Billion CNY (≈ $968.29 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.35 Billion ≈ $2.54 Billion USD) and total liabilities (CN¥10.73 Billion ≈ $1.57 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. Check financial resilience of Shenzhen Desay Battery Technology Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.62 Billion
% of Total Assets	38.14%
Annual Growth Rate	13.3%
5-Year Change	133.61%
10-Year Change	450.44%
Growth Volatility	24.04

Shenzhen Desay Battery Technology Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shenzhen Desay Battery Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000049 total assets for the complete picture of this company's asset base.

Annual Net Assets for Shenzhen Desay Battery Technology Co Ltd (1993–2024)

The table below shows the annual net assets of Shenzhen Desay Battery Technology Co Ltd from 1993 to 2024. For live valuation and market cap data, see market cap of Shenzhen Desay Battery Technology Co Ltd.

Year	Net Assets	Change
2024-12-31	CN¥6.59 Billion ≈ $964.79 Million	+3.38%
2023-12-31	CN¥6.38 Billion ≈ $933.24 Million	+50.97%
2022-12-31	CN¥4.22 Billion ≈ $618.16 Million	+23.18%
2021-12-31	CN¥3.43 Billion ≈ $501.82 Million	+21.51%
2020-12-31	CN¥2.82 Billion ≈ $413.00 Million	-1.36%
2019-12-31	CN¥2.86 Billion ≈ $418.69 Million	+26.34%
2018-12-31	CN¥2.26 Billion ≈ $331.39 Million	+24.76%
2017-12-31	CN¥1.82 Billion ≈ $265.62 Million	+21.01%
2016-12-31	CN¥1.50 Billion ≈ $219.51 Million	+25.24%
2015-12-31	CN¥1.20 Billion ≈ $175.28 Million	+30.41%
2014-12-31	CN¥918.48 Million ≈ $134.40 Million	+40.79%
2013-12-31	CN¥652.37 Million ≈ $95.46 Million	+40.53%
2012-12-31	CN¥464.21 Million ≈ $67.93 Million	+8.61%
2011-12-31	CN¥427.39 Million ≈ $62.54 Million	+53.59%
2010-12-31	CN¥278.27 Million ≈ $40.72 Million	+60.01%
2009-12-31	CN¥173.91 Million ≈ $25.45 Million	-17.89%
2008-12-31	CN¥211.82 Million ≈ $31.00 Million	-0.86%
2007-12-31	CN¥213.66 Million ≈ $31.27 Million	-12.99%
2006-12-31	CN¥245.55 Million ≈ $35.93 Million	+15.13%
2005-12-31	CN¥213.28 Million ≈ $31.21 Million	+14.16%
2004-12-31	CN¥186.83 Million ≈ $27.34 Million	+65.73%
2003-12-31	CN¥112.73 Million ≈ $16.50 Million	-19.58%
2002-12-31	CN¥140.18 Million ≈ $20.51 Million	-5.65%
2001-12-31	CN¥148.56 Million ≈ $21.74 Million	-26.81%
2000-12-31	CN¥203.00 Million ≈ $29.70 Million	-10.65%
1999-12-31	CN¥227.18 Million ≈ $33.24 Million	+4.45%
1998-12-31	CN¥217.50 Million ≈ $31.83 Million	+9.16%
1997-12-31	CN¥199.24 Million ≈ $29.16 Million	-1.99%
1996-12-31	CN¥203.29 Million ≈ $29.75 Million	+0.53%
1995-12-31	CN¥202.23 Million ≈ $29.59 Million	+47.56%
1994-12-31	CN¥137.05 Million ≈ $20.06 Million	-0.30%
1993-12-31	CN¥137.47 Million ≈ $20.12 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Desay Battery 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 38494.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥4.06 Billion	61.77%
Common Stock	CN¥384.64 Million	5.85%
Other Comprehensive Income	CN¥212.36 Million	3.23%
Other Components	CN¥1.92 Billion	29.15%
Total Equity	CN¥6.58 Billion	100.00%

Shenzhen Desay Battery Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Desay Battery Technology Co Ltd ranked by their market capitalization.

Company	Market Cap
CCL Products (India) Limited NSE:CCL	$1.64 Billion
TriCo Bancshares NASDAQ:TCBK	$1.64 Billion
China Publishing & Media Hldg SHG:601949	$1.64 Billion
Nexa Resources SA NYSE:NEXA	$1.64 Billion
Telecom Argentina BA:TECO2	$1.63 Billion
Better Life Commercial Chain Share Co Ltd SHE:002251	$1.63 Billion
BORA PHARMACEUTICALS LTD TW:6472	$1.63 Billion
STELLAR BANCORP DL -01 F:C9N0	$1.63 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Desay Battery Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 6,292,294,553 to 6,578,542,940, a change of 286,248,387 (4.5%).
Net income of 413,011,992 contributed positively to equity growth.
Dividend payments of 407,862,551 reduced retained earnings.
Other comprehensive income increased equity by 212,364,893.
Other factors increased equity by 68,734,053.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥413.01 Million	+6.28%
Dividends Paid	CN¥407.86 Million	-6.2%
Other Comprehensive Income	CN¥212.36 Million	+3.23%
Other Changes	CN¥68.73 Million	+1.04%
Total Change	CN¥-	4.55%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Desay Battery 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: 1.70x
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 62.92x to 1.70x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1993-12-31	CN¥0.46	CN¥29.04	x
1994-12-31	CN¥0.46	CN¥29.04	x
1995-12-31	CN¥0.68	CN¥29.04	x
1996-12-31	CN¥0.68	CN¥29.04	x
1997-12-31	CN¥0.67	CN¥29.04	x
1998-12-31	CN¥0.73	CN¥29.04	x
1999-12-31	CN¥0.76	CN¥29.04	x
2000-12-31	CN¥0.68	CN¥29.04	x
2001-12-31	CN¥0.50	CN¥29.04	x
2002-12-31	CN¥0.47	CN¥29.04	x
2003-12-31	CN¥0.38	CN¥29.04	x
2004-12-31	CN¥0.46	CN¥29.04	x
2005-12-31	CN¥0.52	CN¥29.04	x
2006-12-31	CN¥0.59	CN¥29.04	x
2007-12-31	CN¥0.50	CN¥29.04	x
2008-12-31	CN¥0.53	CN¥29.04	x
2009-12-31	CN¥0.46	CN¥29.04	x
2010-12-31	CN¥0.70	CN¥29.04	x
2011-12-31	CN¥1.06	CN¥29.04	x
2012-12-31	CN¥1.24	CN¥29.04	x
2013-12-31	CN¥1.79	CN¥29.04	x
2014-12-31	CN¥2.49	CN¥29.04	x
2015-12-31	CN¥3.13	CN¥29.04	x
2016-12-31	CN¥3.88	CN¥29.04	x
2017-12-31	CN¥4.72	CN¥29.04	x
2018-12-31	CN¥5.88	CN¥29.04	x
2019-12-31	CN¥6.81	CN¥29.04	x
2020-12-31	CN¥8.79	CN¥29.04	x
2021-12-31	CN¥10.62	CN¥29.04	x
2022-12-31	CN¥12.62	CN¥29.04	x
2023-12-31	CN¥19.16	CN¥29.04	x
2024-12-31	CN¥17.10	CN¥29.04	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Desay Battery 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): 6.28%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.98%
• Asset Turnover: 1.23x
• Equity Multiplier: 2.58x
Recent ROE (6.28%) is below the historical average (12.98%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1993	10.25%	85.74%	0.05x	2.45x	CN¥339.59K
1994	7.24%	79.65%	0.03x	2.79x	CN¥-3.78 Million
1995	1.58%	9.66%	0.07x	2.20x	CN¥-17.02 Million
1996	0.52%	4.15%	0.05x	2.32x	CN¥-19.27 Million
1997	-4.85%	-33.47%	0.06x	2.54x	CN¥-29.60 Million
1998	13.85%	80.42%	0.08x	2.05x	CN¥8.37 Million
1999	-2.19%	-3.09%	0.36x	1.96x	CN¥-27.69 Million
2000	7.45%	53.55%	0.06x	2.27x	CN¥-5.17 Million
2001	9.78%	30.83%	0.10x	3.16x	CN¥-330.32K
2002	1.70%	3.61%	0.20x	2.41x	CN¥-11.63 Million
2003	-29.49%	-115.60%	0.10x	2.46x	CN¥-44.52 Million
2004	2.12%	1.63%	0.36x	3.64x	CN¥-10.83 Million
2005	11.66%	2.68%	1.13x	3.85x	CN¥2.59 Million
2006	13.37%	2.70%	1.43x	3.47x	CN¥5.92 Million
2007	4.76%	0.96%	1.14x	4.37x	CN¥-7.89 Million
2008	1.88%	0.39%	1.24x	3.92x	CN¥-12.69 Million
2009	-12.59%	-1.89%	1.40x	4.76x	CN¥-31.03 Million
2010	34.19%	5.42%	1.55x	4.07x	CN¥50.50 Million
2011	37.95%	5.31%	1.58x	4.51x	CN¥87.88 Million
2012	38.92%	4.50%	1.72x	5.04x	CN¥106.73 Million
2013	38.59%	4.68%	1.31x	6.31x	CN¥152.63 Million
2014	31.62%	3.67%	1.37x	6.30x	CN¥160.37 Million
2015	24.73%	2.73%	2.48x	3.66x	CN¥137.14 Million
2016	22.09%	2.93%	1.70x	4.45x	CN¥139.74 Million
2017	21.39%	2.41%	1.64x	5.42x	CN¥160.04 Million
2018	22.93%	2.33%	1.96x	5.04x	CN¥226.33 Million
2019	22.85%	2.72%	2.10x	3.99x	CN¥282.36 Million
2020	23.67%	3.45%	2.15x	3.19x	CN¥386.73 Million
2021	23.15%	4.08%	1.81x	3.14x	CN¥450.83 Million
2022	21.19%	3.98%	1.74x	3.06x	CN¥457.38 Million
2023	8.93%	2.77%	1.23x	2.62x	CN¥-67.36 Million
2024	6.28%	1.98%	1.23x	2.58x	CN¥-244.84 Million

Industry Comparison

This section compares Shenzhen Desay Battery Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

Industry: Electronic Components
Average net assets among peers: $2,970,337,897
Average return on equity (ROE) among peers: 9.37%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shenzhen Desay Battery Technology Co Ltd (000049)	CN¥6.62 Billion	10.25%	1.62x	$1.63 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$266.56 Million	3.44%	1.72x	$423.10 Million
Shenzhen Huakong Seg Co Ltd (000068)	$1.09 Billion	2.98%	1.57x	$483.17 Million
CPT Technology Group Co Ltd (000536)	$3.32 Billion	10.43%	0.37x	$1.59 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$6.06 Billion	5.92%	0.45x	$4.25 Billion
Xiamen Xindeco Ltd (000701)	$217.53 Million	0.00%	0.71x	$586.43 Million
BOE Technology Group Co Ltd (000725)	$466.65 Million	21.84%	0.74x	$21.70 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$9.75 Billion	24.43%	0.39x	$3.46 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$4.17 Billion	8.18%	0.30x	$2.15 Billion
Guizhou Space Appliance Co Ltd (002025)	$1.38 Billion	7.09%	0.20x	$4.88 Billion

About Shenzhen Desay Battery Technology Co Ltd

SHE:000049 China Electronic Components

Market Cap

$1.63 Billion

CN¥11.17 Billion CNY

Market Cap Rank

#7025 Global

#1635 in China

Share Price

CN¥29.04

Change (1 day)

-2.32%

52-Week Range

CN¥20.96 - CN¥30.17

All Time High

CN¥124.72