Shenzhen Laibao High-Technology Co Ltd (002106) - Net Assets
Based on the latest financial reports, Shenzhen Laibao High-Technology Co Ltd (002106) has net assets worth CN¥6.07 Billion CNY (≈ $888.65 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.39 Billion ≈ $1.67 Billion USD) and total liabilities (CN¥5.32 Billion ≈ $777.86 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 financial resilience of Shenzhen Laibao High-Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.07 Billion |
| % of Total Assets | 53.32% |
| Annual Growth Rate | 15.47% |
| 5-Year Change | 29.74% |
| 10-Year Change | 63.34% |
| Growth Volatility | 37.68 |
Shenzhen Laibao High-Technology Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Shenzhen Laibao High-Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Laibao High-Technology Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Laibao High-Technology Co Ltd (2003–2025)
The table below shows the annual net assets of Shenzhen Laibao High-Technology Co Ltd from 2003 to 2025. For live valuation and market cap data, see 002106 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.07 Billion ≈ $888.65 Million |
+2.67% |
| 2024-12-31 | CN¥5.91 Billion ≈ $865.55 Million |
+13.31% |
| 2023-12-31 | CN¥5.22 Billion ≈ $763.86 Million |
+4.74% |
| 2022-12-31 | CN¥4.98 Billion ≈ $729.26 Million |
+6.47% |
| 2021-12-31 | CN¥4.68 Billion ≈ $684.97 Million |
+5.88% |
| 2020-12-31 | CN¥4.42 Billion ≈ $646.94 Million |
+8.97% |
| 2019-12-31 | CN¥4.06 Billion ≈ $593.71 Million |
+5.56% |
| 2018-12-31 | CN¥3.84 Billion ≈ $562.46 Million |
+1.34% |
| 2017-12-31 | CN¥3.79 Billion ≈ $555.02 Million |
+2.02% |
| 2016-12-31 | CN¥3.72 Billion ≈ $544.05 Million |
+6.41% |
| 2015-12-31 | CN¥3.49 Billion ≈ $511.28 Million |
-15.12% |
| 2014-12-31 | CN¥4.12 Billion ≈ $602.33 Million |
-1.36% |
| 2013-12-31 | CN¥4.17 Billion ≈ $610.64 Million |
+65.86% |
| 2012-12-31 | CN¥2.52 Billion ≈ $368.16 Million |
+2.04% |
| 2011-12-31 | CN¥2.47 Billion ≈ $360.81 Million |
+15.75% |
| 2010-12-31 | CN¥2.13 Billion ≈ $311.71 Million |
+22.20% |
| 2009-12-31 | CN¥1.74 Billion ≈ $255.08 Million |
+5.66% |
| 2008-12-31 | CN¥1.65 Billion ≈ $241.41 Million |
+5.62% |
| 2007-12-31 | CN¥1.56 Billion ≈ $228.57 Million |
+7.89% |
| 2006-12-31 | CN¥1.45 Billion ≈ $211.85 Million |
+168.47% |
| 2005-12-31 | CN¥539.27 Million ≈ $78.91 Million |
+24.96% |
| 2004-12-31 | CN¥431.57 Million ≈ $63.15 Million |
+68.21% |
| 2003-12-31 | CN¥256.56 Million ≈ $37.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Laibao High-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 2796.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.36 Billion | 42.33% |
| Other Components | CN¥3.22 Billion | 57.67% |
| Total Equity | CN¥5.58 Billion | 100.00% |
Shenzhen Laibao High-Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Laibao High-Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allient Inc.
NASDAQ:ALNT
|
$1.08 Billion |
|
Guilin Seamild Foods Co Ltd
SHE:002956
|
$1.08 Billion |
|
Khang Dien House Trading and Investment JSC
VN:KDH
|
$1.08 Billion |
|
Wah Lee Industrial Corp
TW:3010
|
$1.08 Billion |
|
Xinya Electronic Co Ltd
SHG:605277
|
$1.08 Billion |
|
MAC Copper Ltd
AU:MAC
|
$1.08 Billion |
|
Virtus Investment Partners, Inc.
NASDAQ:VRTS
|
$1.08 Billion |
|
Shunfa Hengye Corp
SHE:000631
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Laibao High-Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,413,309,882 to 5,584,644,601, a change of 171,334,719 (3.2%).
- Net income of 245,104,609 contributed positively to equity growth.
- Dividend payments of 77,710,529 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥245.10 Million | +4.39% |
| Dividends Paid | CN¥77.71 Million | -1.39% |
| Other Changes | CN¥3.94 Million | +0.07% |
| Total Change | CN¥- | 3.17% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Laibao High-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: 1.32x
- 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 20.70x to 1.32x 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¥0.51 | CN¥10.48 | x |
| 2004-12-31 | CN¥1.03 | CN¥10.48 | x |
| 2005-12-31 | CN¥1.32 | CN¥10.48 | x |
| 2006-12-31 | CN¥3.10 | CN¥10.48 | x |
| 2007-12-31 | CN¥2.50 | CN¥10.48 | x |
| 2008-12-31 | CN¥2.64 | CN¥10.48 | x |
| 2009-12-31 | CN¥2.80 | CN¥10.48 | x |
| 2010-12-31 | CN¥3.45 | CN¥10.48 | x |
| 2011-12-31 | CN¥4.03 | CN¥10.48 | x |
| 2012-12-31 | CN¥4.08 | CN¥10.48 | x |
| 2013-12-31 | CN¥6.18 | CN¥10.48 | x |
| 2014-12-31 | CN¥5.94 | CN¥10.48 | x |
| 2015-12-31 | CN¥4.90 | CN¥10.48 | x |
| 2016-12-31 | CN¥5.18 | CN¥10.48 | x |
| 2017-12-31 | CN¥5.28 | CN¥10.48 | x |
| 2018-12-31 | CN¥5.47 | CN¥10.48 | x |
| 2019-12-31 | CN¥5.74 | CN¥10.48 | x |
| 2020-12-31 | CN¥6.25 | CN¥10.48 | x |
| 2021-12-31 | CN¥6.62 | CN¥10.48 | x |
| 2022-12-31 | CN¥7.05 | CN¥10.48 | x |
| 2023-12-31 | CN¥7.39 | CN¥10.48 | x |
| 2024-12-31 | CN¥7.67 | CN¥10.48 | x |
| 2025-12-31 | CN¥7.91 | CN¥10.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Laibao High-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): 4.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.09%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.04x
- Recent ROE (4.39%) is below the historical average (11.17%), 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 | 19.61% | 18.01% | 0.60x | 1.83x | CN¥18.01 Million |
| 2004 | 37.78% | 37.12% | 0.61x | 1.68x | CN¥105.88 Million |
| 2005 | 45.57% | 42.68% | 0.80x | 1.34x | CN¥173.56 Million |
| 2006 | 15.15% | 43.44% | 0.31x | 1.14x | CN¥71.89 Million |
| 2007 | 15.16% | 40.52% | 0.32x | 1.16x | CN¥78.03 Million |
| 2008 | 13.32% | 39.50% | 0.29x | 1.15x | CN¥53.00 Million |
| 2009 | 10.47% | 27.76% | 0.31x | 1.23x | CN¥7.96 Million |
| 2010 | 21.72% | 39.35% | 0.45x | 1.22x | CN¥243.39 Million |
| 2011 | 19.11% | 37.53% | 0.44x | 1.16x | CN¥218.98 Million |
| 2012 | 5.75% | 11.65% | 0.44x | 1.13x | CN¥-104.33 Million |
| 2013 | 1.62% | 3.32% | 0.39x | 1.26x | CN¥-344.75 Million |
| 2014 | 0.34% | 0.58% | 0.45x | 1.27x | CN¥-391.92 Million |
| 2015 | -17.35% | -24.65% | 0.57x | 1.24x | CN¥-942.00 Million |
| 2016 | 5.79% | 6.31% | 0.72x | 1.27x | CN¥-154.00 Million |
| 2017 | 3.78% | 3.53% | 0.85x | 1.25x | CN¥-231.60 Million |
| 2018 | 5.86% | 5.09% | 0.91x | 1.26x | CN¥-159.25 Million |
| 2019 | 6.95% | 5.87% | 0.90x | 1.31x | CN¥-123.57 Million |
| 2020 | 9.92% | 6.49% | 1.09x | 1.40x | CN¥-3.62 Million |
| 2021 | 10.50% | 6.39% | 1.18x | 1.40x | CN¥23.56 Million |
| 2022 | 7.37% | 5.96% | 0.99x | 1.26x | CN¥-130.98 Million |
| 2023 | 7.21% | 6.73% | 0.83x | 1.29x | CN¥-145.35 Million |
| 2024 | 6.92% | 6.35% | 0.62x | 1.74x | CN¥-166.89 Million |
| 2025 | 4.39% | 4.09% | 0.53x | 2.04x | CN¥-313.36 Million |
Industry Comparison
This section compares Shenzhen Laibao High-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: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Laibao High-Technology Co Ltd (002106) | CN¥6.07 Billion | 19.61% | 0.88x | $1.08 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| 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 Laibao High-Technology Co Ltd
Shenzhen Laibao Hi-Tech Co., Ltd. engages in the research and development, production, and sale of upstream materials and touch devices for flat panel displays in China. Its principal products include capacitive touch screens, ITO conductive glasses, color filters, and TFT-LCD panels. The company's products are used in smart phones, tablet computers, touch notebook computers, and all in one compu… Read more