Shanghai Welltech Automation Co Ltd (002058) - Net Assets
Based on the latest financial reports, Shanghai Welltech Automation Co Ltd (002058) has net assets worth CN¥307.14 Million CNY (≈ $44.94 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¥1.25 Billion ≈ $182.89 Million USD) and total liabilities (CN¥942.71 Million ≈ $137.95 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. Check 002058 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥307.14 Million |
| % of Total Assets | 24.57% |
| Annual Growth Rate | 4.73% |
| 5-Year Change | -4.05% |
| 10-Year Change | -5.83% |
| Growth Volatility | 14.82 |
Shanghai Welltech Automation Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Shanghai Welltech Automation Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Welltech Automation Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Welltech Automation Co Ltd (2003–2024)
The table below shows the annual net assets of Shanghai Welltech Automation Co Ltd from 2003 to 2024. For live valuation and market cap data, see market value of Shanghai Welltech Automation Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥173.24 Million ≈ $25.35 Million |
-6.89% |
| 2023-12-31 | CN¥186.06 Million ≈ $27.23 Million |
-7.80% |
| 2022-12-31 | CN¥201.79 Million ≈ $29.53 Million |
-7.85% |
| 2021-12-31 | CN¥218.98 Million ≈ $32.04 Million |
+21.28% |
| 2020-12-31 | CN¥180.55 Million ≈ $26.42 Million |
+2.98% |
| 2019-12-31 | CN¥175.33 Million ≈ $25.66 Million |
-8.07% |
| 2018-12-31 | CN¥190.71 Million ≈ $27.91 Million |
+1.67% |
| 2017-12-31 | CN¥187.58 Million ≈ $27.45 Million |
-0.03% |
| 2016-12-31 | CN¥187.63 Million ≈ $27.46 Million |
+1.99% |
| 2015-12-31 | CN¥183.97 Million ≈ $26.92 Million |
-8.35% |
| 2014-12-31 | CN¥200.73 Million ≈ $29.37 Million |
+1.20% |
| 2013-12-31 | CN¥198.35 Million ≈ $29.02 Million |
+0.62% |
| 2012-12-31 | CN¥197.13 Million ≈ $28.85 Million |
-0.64% |
| 2011-12-31 | CN¥198.40 Million ≈ $29.03 Million |
+6.63% |
| 2010-12-31 | CN¥186.07 Million ≈ $27.23 Million |
+5.91% |
| 2009-12-31 | CN¥175.70 Million ≈ $25.71 Million |
+2.85% |
| 2008-12-31 | CN¥170.82 Million ≈ $25.00 Million |
+3.29% |
| 2007-12-31 | CN¥165.38 Million ≈ $24.20 Million |
+4.67% |
| 2006-12-31 | CN¥158.00 Million ≈ $23.12 Million |
+54.27% |
| 2005-12-31 | CN¥102.42 Million ≈ $14.99 Million |
+16.23% |
| 2004-12-31 | CN¥88.12 Million ≈ $12.89 Million |
+34.30% |
| 2003-12-31 | CN¥65.61 Million ≈ $9.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Welltech Automation 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 366.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥143.45 Million | 114.04% |
| Other Comprehensive Income | CN¥17.09 Million | 13.58% |
| Other Components | CN¥3.75 Million | 2.98% |
| Total Equity | CN¥125.79 Million | 100.00% |
Shanghai Welltech Automation Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Welltech Automation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EPC Groupe
PA:EXPL
|
$526.94 Million |
|
Miquel y Costas & Miquel S.A.
MC:MCM
|
$526.97 Million |
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
$526.99 Million |
|
VP Bank AG
SW:VPBN
|
$527.23 Million |
|
ASP Isotopes Inc. Common Stock
NASDAQ:ASPI
|
$526.71 Million |
|
Tianjin Ruixin Technology Co Ltd
SHE:300828
|
$526.51 Million |
|
SUNSEA Telecommunications Co Ltd
SHE:002313
|
$526.50 Million |
|
ST Barbara Ltd
AU:SBM
|
$526.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Welltech Automation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,199,236 to 125,791,252, a change of -17,407,984 (-12.2%).
- Net loss of 17,241,650 reduced equity.
- Dividend payments of 990,651 reduced retained earnings.
- Other comprehensive income decreased equity by 166,333.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-17.24 Million | -13.71% |
| Dividends Paid | CN¥990.65K | -0.79% |
| Other Comprehensive Income | CN¥-166.33K | -0.13% |
| Other Changes | CN¥990.65K | +0.79% |
| Total Change | CN¥- | -12.16% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Welltech Automation 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: 28.67x
- 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 decreased from 31.03x to 28.67x 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¥0.81 | CN¥25.10 | x |
| 2004-12-31 | CN¥1.07 | CN¥25.10 | x |
| 2005-12-31 | CN¥1.24 | CN¥25.10 | x |
| 2006-12-31 | CN¥1.29 | CN¥25.10 | x |
| 2007-12-31 | CN¥1.13 | CN¥25.10 | x |
| 2008-12-31 | CN¥1.21 | CN¥25.10 | x |
| 2009-12-31 | CN¥1.17 | CN¥25.10 | x |
| 2010-12-31 | CN¥1.34 | CN¥25.10 | x |
| 2011-12-31 | CN¥1.39 | CN¥25.10 | x |
| 2012-12-31 | CN¥1.50 | CN¥25.10 | x |
| 2013-12-31 | CN¥1.29 | CN¥25.10 | x |
| 2014-12-31 | CN¥1.34 | CN¥25.10 | x |
| 2015-12-31 | CN¥1.31 | CN¥25.10 | x |
| 2016-12-31 | CN¥1.43 | CN¥25.10 | x |
| 2017-12-31 | CN¥1.33 | CN¥25.10 | x |
| 2018-12-31 | CN¥1.25 | CN¥25.10 | x |
| 2019-12-31 | CN¥1.22 | CN¥25.10 | x |
| 2020-12-31 | CN¥1.22 | CN¥25.10 | x |
| 2021-12-31 | CN¥1.26 | CN¥25.10 | x |
| 2022-12-31 | CN¥1.12 | CN¥25.10 | x |
| 2023-12-31 | CN¥1.00 | CN¥25.10 | x |
| 2024-12-31 | CN¥0.88 | CN¥25.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Welltech Automation 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): -13.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.61%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.52x
- Recent ROE (-13.71%) is below the historical average (3.58%), 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 | 26.65% | 16.80% | 0.77x | 2.06x | CN¥10.67 Million |
| 2004 | 24.63% | 14.22% | 0.87x | 1.99x | CN¥12.44 Million |
| 2005 | 13.41% | 10.20% | 0.71x | 1.86x | CN¥3.35 Million |
| 2006 | 4.99% | 6.73% | 0.48x | 1.56x | CN¥-7.83 Million |
| 2007 | 6.56% | 9.30% | 0.53x | 1.33x | CN¥-5.65 Million |
| 2008 | 5.04% | 7.59% | 0.50x | 1.33x | CN¥-8.41 Million |
| 2009 | 4.44% | 6.82% | 0.47x | 1.39x | CN¥-9.69 Million |
| 2010 | 7.16% | 11.08% | 0.52x | 1.24x | CN¥-5.23 Million |
| 2011 | 6.87% | 10.02% | 0.52x | 1.32x | CN¥-6.06 Million |
| 2012 | 2.67% | 4.11% | 0.52x | 1.25x | CN¥-14.10 Million |
| 2013 | 3.09% | 4.53% | 0.54x | 1.27x | CN¥-13.36 Million |
| 2014 | 2.97% | 4.73% | 0.52x | 1.21x | CN¥-13.80 Million |
| 2015 | -6.10% | -11.36% | 0.44x | 1.23x | CN¥-29.37 Million |
| 2016 | 2.79% | 5.26% | 0.46x | 1.16x | CN¥-13.52 Million |
| 2017 | 1.50% | 2.52% | 0.50x | 1.19x | CN¥-15.94 Million |
| 2018 | 2.39% | 3.90% | 0.53x | 1.15x | CN¥-14.50 Million |
| 2019 | -7.97% | -15.61% | 0.44x | 1.17x | CN¥-31.51 Million |
| 2020 | -0.38% | -0.80% | 0.38x | 1.25x | CN¥-18.13 Million |
| 2021 | 13.14% | 9.71% | 0.68x | 1.98x | CN¥5.68 Million |
| 2022 | -9.49% | -10.30% | 0.40x | 2.33x | CN¥-31.22 Million |
| 2023 | -11.91% | -10.89% | 0.51x | 2.16x | CN¥-31.38 Million |
| 2024 | -13.71% | -10.61% | 0.51x | 2.52x | CN¥-29.82 Million |
Industry Comparison
This section compares Shanghai Welltech Automation Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,342,427,921
- Average return on equity (ROE) among peers: 9.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Welltech Automation Co Ltd (002058) | CN¥307.14 Million | 26.65% | 3.07x | $526.87 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Shanghai Welltech Automation Co Ltd
Shanghai Welltech Automation Co.,Ltd. engages in the production and sale of industrial automation instruments and meters in China. It operates through two segments: Automation Instruments Division and Automotive Gauges Division. Its Automation Instruments Division engages in the research and development, production, and sales of automation instruments, such as electromagnetic flow meters, electro… Read more