Shenzhen Coship Electronics Co Ltd
Shenzhen Coship Electronics Co., Ltd. engages in the manufacture and sale of smart home products and services worldwide. The company offers terminal products, middleware products, smart platform products, and operation business products and other products and services. Its products include digital cable set-top box, smart TV, Internet products, software and hardware solutions, smart platforms, bi… Read more
Shenzhen Coship Electronics Co Ltd (002052) - Net Assets
Latest net assets as of September 2025: CN¥294.41 Million CNY
Based on the latest financial reports, Shenzhen Coship Electronics Co Ltd (002052) has net assets worth CN¥294.41 Million 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¥668.07 Million) and total liabilities (CN¥373.66 Million). 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¥294.41 Million |
| % of Total Assets | 44.07% |
| Annual Growth Rate | -3.05% |
| 5-Year Change | -78.29% |
| 10-Year Change | -96.63% |
| Growth Volatility | 63.8 |
Shenzhen Coship Electronics Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Shenzhen Coship Electronics 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 Coship Electronics Co Ltd (2003–2024)
The table below shows the annual net assets of Shenzhen Coship Electronics Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥50.16 Million | +873.82% |
| 2023-12-31 | CN¥-6.48 Million | -108.54% |
| 2022-12-31 | CN¥75.95 Million | +88.00% |
| 2021-12-31 | CN¥40.40 Million | -82.52% |
| 2020-12-31 | CN¥231.11 Million | -38.85% |
| 2019-12-31 | CN¥377.97 Million | -34.42% |
| 2018-12-31 | CN¥576.36 Million | -37.67% |
| 2017-12-31 | CN¥924.66 Million | +0.87% |
| 2016-12-31 | CN¥916.66 Million | -38.41% |
| 2015-12-31 | CN¥1.49 Billion | +71.01% |
| 2014-12-31 | CN¥870.26 Million | -31.11% |
| 2013-12-31 | CN¥1.26 Billion | -4.43% |
| 2012-12-31 | CN¥1.32 Billion | +17.74% |
| 2011-12-31 | CN¥1.12 Billion | +1.79% |
| 2010-12-31 | CN¥1.10 Billion | -10.65% |
| 2009-12-31 | CN¥1.23 Billion | +56.95% |
| 2008-12-31 | CN¥786.42 Million | +13.24% |
| 2007-12-31 | CN¥694.46 Million | +19.02% |
| 2006-12-31 | CN¥583.49 Million | +191.41% |
| 2005-12-31 | CN¥200.23 Million | +44.66% |
| 2004-12-31 | CN¥138.42 Million | +43.82% |
| 2003-12-31 | CN¥96.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Coship Electronics 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 decreased by 12459.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥745.96 Million | 856.64% |
| Other Comprehensive Income | CN¥246.25 Million | 282.78% |
| Other Components | CN¥865.26 Million | 993.64% |
| Total Equity | CN¥87.08 Million | 100.00% |
Shenzhen Coship Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Coship Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qianhe Condiment&Food Co Ltd
SHG:603027
|
$841.14 Million |
|
Schweiter Technologies AG
PINK:SCWTF
|
$841.63 Million |
|
Toyou Feiji Electronics Co Ltd
SHE:300302
|
$841.93 Million |
|
CureVac NV
NASDAQ:CVAC
|
$842.41 Million |
|
Kingsignal Technology Co Ltd
SHE:300252
|
$840.88 Million |
|
Sanyang Motor Co Ltd
TW:2206
|
$840.87 Million |
|
NCR Voyix Corporation
NYSE:VYX
|
$840.74 Million |
|
L&C Bio Co. Ltd
KQ:290650
|
$840.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Coship Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,447,504 to 87,079,501, a change of 78,631,997 (930.8%).
- Net income of 69,609,444 contributed positively to equity growth.
- Dividend payments of 18,792 reduced retained earnings.
- Other comprehensive income increased equity by 9,022,559.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥69.61 Million | +79.94% |
| Dividends Paid | CN¥18.79K | -0.02% |
| Other Comprehensive Income | CN¥9.02 Million | +10.36% |
| Other Changes | CN¥18.79K | +0.02% |
| Total Change | CN¥- | 930.83% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Coship Electronics 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: 104.63x
- 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 increased from 45.73x to 104.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.26 | CN¥11.78 | x |
| 2004-12-31 | CN¥0.37 | CN¥11.78 | x |
| 2005-12-31 | CN¥0.54 | CN¥11.78 | x |
| 2006-12-31 | CN¥1.11 | CN¥11.78 | x |
| 2007-12-31 | CN¥1.16 | CN¥11.78 | x |
| 2008-12-31 | CN¥1.34 | CN¥11.78 | x |
| 2009-12-31 | CN¥2.06 | CN¥11.78 | x |
| 2010-12-31 | CN¥1.61 | CN¥11.78 | x |
| 2011-12-31 | CN¥1.75 | CN¥11.78 | x |
| 2012-12-31 | CN¥1.96 | CN¥11.78 | x |
| 2013-12-31 | CN¥1.85 | CN¥11.78 | x |
| 2014-12-31 | CN¥1.27 | CN¥11.78 | x |
| 2015-12-31 | CN¥2.09 | CN¥11.78 | x |
| 2016-12-31 | CN¥1.23 | CN¥11.78 | x |
| 2017-12-31 | CN¥1.39 | CN¥11.78 | x |
| 2018-12-31 | CN¥0.77 | CN¥11.78 | x |
| 2019-12-31 | CN¥0.51 | CN¥11.78 | x |
| 2020-12-31 | CN¥0.31 | CN¥11.78 | x |
| 2021-12-31 | CN¥0.05 | CN¥11.78 | x |
| 2022-12-31 | CN¥0.11 | CN¥11.78 | x |
| 2023-12-31 | CN¥0.01 | CN¥11.78 | x |
| 2024-12-31 | CN¥0.11 | CN¥11.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Coship Electronics 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): 79.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.61%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 14.24x
- Recent ROE (79.94%) is above the historical average (-66.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 34.88% | 9.18% | 1.62x | 2.34x | CN¥23.23 Million |
| 2004 | 30.17% | 5.82% | 1.74x | 2.97x | CN¥27.08 Million |
| 2005 | 31.30% | 7.07% | 1.43x | 3.10x | CN¥41.63 Million |
| 2006 | 10.75% | 5.77% | 0.99x | 1.89x | CN¥4.34 Million |
| 2007 | 14.69% | 5.45% | 1.00x | 2.70x | CN¥31.82 Million |
| 2008 | 13.77% | 5.15% | 0.96x | 2.77x | CN¥29.65 Million |
| 2009 | 3.89% | 2.41% | 0.70x | 2.30x | CN¥-75.36 Million |
| 2010 | -11.81% | -5.65% | 0.74x | 2.83x | CN¥-240.24 Million |
| 2011 | 2.00% | 1.12% | 0.67x | 2.66x | CN¥-89.82 Million |
| 2012 | 10.19% | 6.39% | 0.66x | 2.41x | CN¥2.52 Million |
| 2013 | 2.70% | 1.75% | 0.59x | 2.62x | CN¥-92.17 Million |
| 2014 | -47.89% | -26.02% | 0.54x | 3.43x | CN¥-503.78 Million |
| 2015 | 4.51% | 6.53% | 0.34x | 2.03x | CN¥-81.69 Million |
| 2016 | -66.59% | -108.32% | 0.30x | 2.08x | CN¥-702.05 Million |
| 2017 | 0.97% | 1.33% | 0.37x | 1.96x | CN¥-83.53 Million |
| 2018 | -57.42% | -41.46% | 0.53x | 2.60x | CN¥-388.56 Million |
| 2019 | -53.76% | -25.98% | 0.82x | 2.52x | CN¥-241.00 Million |
| 2020 | -66.53% | -53.30% | 0.42x | 3.00x | CN¥-176.87 Million |
| 2021 | -457.89% | -133.38% | 0.29x | 11.98x | CN¥-189.78 Million |
| 2022 | -56.65% | -18.67% | 0.58x | 5.26x | CN¥-55.97 Million |
| 2023 | -884.86% | -31.86% | 0.60x | 45.94x | CN¥-75.59 Million |
| 2024 | 79.94% | 11.61% | 0.48x | 14.24x | CN¥60.90 Million |
Industry Comparison
This section compares Shenzhen Coship Electronics Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,665,433,188
- Average return on equity (ROE) among peers: 3.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Coship Electronics Co Ltd (002052) | CN¥294.41 Million | 34.88% | 1.27x | $840.89 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |