Shenzhen Deren Electronic Co Ltd

SHE:002055 China Electronic Components
Market Cap
$481.14 Million
CN¥3.53 Billion CNY
Market Cap Rank
#10972 Global
#2512 in China
Share Price
CN¥5.84
Change (1 day)
-3.31%
52-Week Range
CN¥4.74 - CN¥8.69
All Time High
CN¥42.60
About

Shenzhen Deren Electronic Co., Ltd. engages in the research, development, manufacture, and sale of electronic connectors and precision components worldwide. The company offers home appliance, computer, LED, FPC, and communication connectors used in consumer electronics, as well as automotive connectors and wiring harnesses, safety and warning sensors, on-board charging modules, and vehicle networ… Read more

Shenzhen Deren Electronic Co Ltd (002055) - Net Assets

Latest net assets as of September 2025: CN¥1.43 Billion CNY

Based on the latest financial reports, Shenzhen Deren Electronic Co Ltd (002055) has net assets worth CN¥1.43 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¥5.15 Billion) and total liabilities (CN¥3.73 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¥1.43 Billion
% of Total Assets 27.66%
Annual Growth Rate 14.02%
5-Year Change -46.34%
10-Year Change -23.78%
Growth Volatility 44.52

Shenzhen Deren Electronic Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Shenzhen Deren Electronic 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 Deren Electronic Co Ltd (2003–2024)

The table below shows the annual net assets of Shenzhen Deren Electronic Co Ltd from 2003 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.34 Billion -46.38%
2023-12-31 CN¥2.51 Billion -21.72%
2022-12-31 CN¥3.20 Billion -9.09%
2021-12-31 CN¥3.52 Billion +40.61%
2020-12-31 CN¥2.51 Billion +0.13%
2019-12-31 CN¥2.50 Billion -18.92%
2018-12-31 CN¥3.09 Billion +9.33%
2017-12-31 CN¥2.82 Billion +61.74%
2016-12-31 CN¥1.75 Billion -1.07%
2015-12-31 CN¥1.76 Billion +23.30%
2014-12-31 CN¥1.43 Billion +4.49%
2013-12-31 CN¥1.37 Billion +11.98%
2012-12-31 CN¥1.22 Billion +11.84%
2011-12-31 CN¥1.09 Billion +164.77%
2010-12-31 CN¥412.93 Million +16.95%
2009-12-31 CN¥353.09 Million +2.63%
2008-12-31 CN¥344.03 Million +2.36%
2007-12-31 CN¥336.11 Million +12.82%
2006-12-31 CN¥297.93 Million +107.86%
2005-12-31 CN¥143.33 Million +23.37%
2004-12-31 CN¥116.18 Million +35.80%
2003-12-31 CN¥85.55 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Deren Electronic 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 11226.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥604.49 Million 44.87%
Other Comprehensive Income CN¥531.61 Million 39.46%
Other Components CN¥2.41 Billion 179.21%
Total Equity CN¥1.35 Billion 100.00%

Shenzhen Deren Electronic Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Deren Electronic Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,615,236,659 to 1,347,117,720, a change of -1,268,118,939 (-48.5%).
  • Net loss of 1,224,758,451 reduced equity.
  • Dividend payments of 37,951,558 reduced retained earnings.
  • Other comprehensive income decreased equity by 43,360,487.
  • Other factors increased equity by 37,951,557.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.22 Billion -90.92%
Dividends Paid CN¥37.95 Million -2.82%
Other Comprehensive Income CN¥-43.36 Million -3.22%
Other Changes CN¥37.95 Million +2.82%
Total Change CN¥- -48.49%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Deren Electronic 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: 2.62x
  • 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 16.55x to 2.62x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 CN¥0.35 CN¥5.84 x
2004-12-31 CN¥0.45 CN¥5.84 x
2005-12-31 CN¥0.56 CN¥5.84 x
2006-12-31 CN¥1.13 CN¥5.84 x
2007-12-31 CN¥1.04 CN¥5.84 x
2008-12-31 CN¥0.84 CN¥5.84 x
2009-12-31 CN¥0.93 CN¥5.84 x
2010-12-31 CN¥1.07 CN¥5.84 x
2011-12-31 CN¥2.63 CN¥5.84 x
2012-12-31 CN¥2.86 CN¥5.84 x
2013-12-31 CN¥3.11 CN¥5.84 x
2014-12-31 CN¥3.30 CN¥5.84 x
2015-12-31 CN¥3.88 CN¥5.84 x
2016-12-31 CN¥3.85 CN¥5.84 x
2017-12-31 CN¥5.24 CN¥5.84 x
2018-12-31 CN¥5.68 CN¥5.84 x
2019-12-31 CN¥4.05 CN¥5.84 x
2020-12-31 CN¥4.26 CN¥5.84 x
2021-12-31 CN¥6.61 CN¥5.84 x
2022-12-31 CN¥4.68 CN¥5.84 x
2023-12-31 CN¥4.33 CN¥5.84 x
2024-12-31 CN¥2.23 CN¥5.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Deren Electronic 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): -90.92%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -23.65%
  • • Asset Turnover: 1.00x
  • • Equity Multiplier: 3.85x
  • Recent ROE (-90.92%) is below the historical average (1.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 22.70% 5.52% 1.13x 3.65x CN¥8.69 Million
2004 24.34% 5.43% 1.34x 3.35x CN¥12.56 Million
2005 21.43% 4.17% 1.27x 4.05x CN¥12.45 Million
2006 11.42% 4.34% 1.10x 2.40x CN¥3.64 Million
2007 12.87% 4.98% 0.94x 2.76x CN¥8.02 Million
2008 8.99% 3.65% 0.87x 2.83x CN¥-2.99 Million
2009 9.78% 4.83% 0.66x 3.08x CN¥-700.05K
2010 16.01% 6.22% 0.69x 3.71x CN¥22.71 Million
2011 10.78% 7.71% 0.73x 1.92x CN¥8.41 Million
2012 8.69% 6.57% 0.66x 2.01x CN¥-15.43 Million
2013 9.51% 5.93% 0.70x 2.28x CN¥-6.27 Million
2014 7.20% 3.74% 0.78x 2.47x CN¥-38.28 Million
2015 5.01% 2.80% 0.56x 3.19x CN¥-84.83 Million
2016 2.23% 0.84% 0.65x 4.06x CN¥-134.85 Million
2017 7.31% 2.99% 0.61x 4.01x CN¥-64.34 Million
2018 9.68% 3.50% 0.73x 3.77x CN¥-8.63 Million
2019 -32.53% -8.28% 0.73x 5.37x CN¥-810.35 Million
2020 3.29% 0.89% 0.77x 4.81x CN¥-132.24 Million
2021 -23.16% -9.46% 0.76x 3.22x CN¥-1.03 Billion
2022 -10.90% -3.98% 0.83x 3.31x CN¥-591.52 Million
2023 -7.77% -3.39% 0.76x 3.01x CN¥-464.60 Million
2024 -90.92% -23.65% 1.00x 3.85x CN¥-1.36 Billion

Industry Comparison

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

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Deren Electronic Co Ltd (002055) CN¥1.43 Billion 22.70% 2.61x $432.99 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million