Shenzhen Clou Electronics Co Ltd
Shenzhen Clou Electronics Co., Ltd., together with its subsidiaries, provides equipment and solutions for smart grid, energy storage, and integrated energy services in China and internationally. It offers smart meters, Intelligent power distribution equipment, precision instruments/smart detections, and smart logistics/smart manufacturing products. The company also provides battery compartment an… Read more
Shenzhen Clou Electronics Co Ltd (002121) - Net Assets
Latest net assets as of September 2025: CN¥781.65 Million CNY
Based on the latest financial reports, Shenzhen Clou Electronics Co Ltd (002121) has net assets worth CN¥781.65 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¥8.30 Billion) and total liabilities (CN¥7.52 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¥781.65 Million |
| % of Total Assets | 9.41% |
| Annual Growth Rate | 8.4% |
| 5-Year Change | -68.84% |
| 10-Year Change | -79.03% |
| Growth Volatility | 50.98 |
Shenzhen Clou Electronics Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Shenzhen Clou 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 Clou Electronics Co Ltd (2003–2024)
The table below shows the annual net assets of Shenzhen Clou Electronics Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥510.65 Million | -47.92% |
| 2023-12-31 | CN¥980.49 Million | +41.30% |
| 2022-12-31 | CN¥693.89 Million | -28.67% |
| 2021-12-31 | CN¥972.85 Million | -40.63% |
| 2020-12-31 | CN¥1.64 Billion | +52.46% |
| 2019-12-31 | CN¥1.07 Billion | -70.59% |
| 2018-12-31 | CN¥3.65 Billion | -25.40% |
| 2017-12-31 | CN¥4.90 Billion | +75.41% |
| 2016-12-31 | CN¥2.79 Billion | +14.67% |
| 2015-12-31 | CN¥2.44 Billion | +65.00% |
| 2014-12-31 | CN¥1.48 Billion | +8.84% |
| 2013-12-31 | CN¥1.36 Billion | +5.46% |
| 2012-12-31 | CN¥1.29 Billion | +7.26% |
| 2011-12-31 | CN¥1.20 Billion | +4.63% |
| 2010-12-31 | CN¥1.15 Billion | +130.42% |
| 2009-12-31 | CN¥497.29 Million | +16.33% |
| 2008-12-31 | CN¥427.48 Million | +8.37% |
| 2007-12-31 | CN¥394.46 Million | +137.91% |
| 2006-12-31 | CN¥165.80 Million | +23.73% |
| 2005-12-31 | CN¥134.00 Million | +23.59% |
| 2004-12-31 | CN¥108.43 Million | +15.47% |
| 2003-12-31 | CN¥93.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Clou 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 10571.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.66 Billion | 332.70% |
| Other Comprehensive Income | CN¥171.62 Million | 34.38% |
| Other Components | CN¥2.47 Billion | 494.87% |
| Total Equity | CN¥499.19 Million | 100.00% |
Shenzhen Clou Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Clou Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kingclean Electric Co Ltd
SHG:603355
|
$1.31 Billion |
|
Fujian Aonong Biological Technology Group Incorporation Ltd
SHG:603363
|
$1.31 Billion |
|
Dynapack International Technology
TWO:3211
|
$1.31 Billion |
|
Perusahaan Gas Negara Persero
JK:PGAS
|
$1.31 Billion |
|
Kinnevik AB Series A
LSE:0RGZ
|
$1.31 Billion |
|
Liberty Latin America Ltd
NASDAQ:LILA
|
$1.31 Billion |
|
Aperam SA
OTCGREY:APMSF
|
$1.31 Billion |
|
Embracer Group AB
PINK:THQQF
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Clou Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 940,611,039 to 499,194,631, a change of -441,416,408 (-46.9%).
- Net loss of 463,902,653 reduced equity.
- Dividend payments of 125,914,009 reduced retained earnings.
- Other comprehensive income increased equity by 26,973,280.
- Other factors increased equity by 121,426,974.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-463.90 Million | -92.93% |
| Dividends Paid | CN¥125.91 Million | -25.22% |
| Other Comprehensive Income | CN¥26.97 Million | +5.4% |
| Other Changes | CN¥121.43 Million | +24.32% |
| Total Change | CN¥- | -46.93% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Clou 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: 29.91x
- 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 68.60x to 29.91x 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¥0.13 | CN¥8.99 | x |
| 2004-12-31 | CN¥0.15 | CN¥8.99 | x |
| 2005-12-31 | CN¥0.18 | CN¥8.99 | x |
| 2006-12-31 | CN¥0.25 | CN¥8.99 | x |
| 2007-12-31 | CN¥0.45 | CN¥8.99 | x |
| 2008-12-31 | CN¥0.46 | CN¥8.99 | x |
| 2009-12-31 | CN¥0.55 | CN¥8.99 | x |
| 2010-12-31 | CN¥1.23 | CN¥8.99 | x |
| 2011-12-31 | CN¥1.20 | CN¥8.99 | x |
| 2012-12-31 | CN¥1.28 | CN¥8.99 | x |
| 2013-12-31 | CN¥1.34 | CN¥8.99 | x |
| 2014-12-31 | CN¥1.46 | CN¥8.99 | x |
| 2015-12-31 | CN¥1.99 | CN¥8.99 | x |
| 2016-12-31 | CN¥2.23 | CN¥8.99 | x |
| 2017-12-31 | CN¥3.51 | CN¥8.99 | x |
| 2018-12-31 | CN¥2.48 | CN¥8.99 | x |
| 2019-12-31 | CN¥0.87 | CN¥8.99 | x |
| 2020-12-31 | CN¥1.02 | CN¥8.99 | x |
| 2021-12-31 | CN¥0.54 | CN¥8.99 | x |
| 2022-12-31 | CN¥0.46 | CN¥8.99 | x |
| 2023-12-31 | CN¥0.60 | CN¥8.99 | x |
| 2024-12-31 | CN¥0.30 | CN¥8.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Clou 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): -92.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.47%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 15.23x
- Recent ROE (-92.93%) is below the historical average (-12.80%), 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 | 20.57% | 15.58% | 0.73x | 1.81x | CN¥9.93 Million |
| 2004 | 12.30% | 11.42% | 0.61x | 1.76x | CN¥2.47 Million |
| 2005 | 16.65% | 12.85% | 0.70x | 1.85x | CN¥8.55 Million |
| 2006 | 21.60% | 16.52% | 0.75x | 1.74x | CN¥19.15 Million |
| 2007 | 19.11% | 23.54% | 0.55x | 1.47x | CN¥35.86 Million |
| 2008 | 13.19% | 14.09% | 0.58x | 1.61x | CN¥13.43 Million |
| 2009 | 16.10% | 18.08% | 0.45x | 1.99x | CN¥29.79 Million |
| 2010 | 11.65% | 14.14% | 0.44x | 1.88x | CN¥18.59 Million |
| 2011 | 6.30% | 6.69% | 0.43x | 2.18x | CN¥-44.07 Million |
| 2012 | 6.70% | 6.04% | 0.51x | 2.19x | CN¥-41.78 Million |
| 2013 | 6.45% | 6.10% | 0.48x | 2.22x | CN¥-47.22 Million |
| 2014 | 8.67% | 6.43% | 0.42x | 3.23x | CN¥-19.24 Million |
| 2015 | 8.45% | 8.68% | 0.22x | 4.44x | CN¥-36.08 Million |
| 2016 | 10.25% | 8.60% | 0.26x | 4.61x | CN¥6.63 Million |
| 2017 | 8.25% | 8.96% | 0.28x | 3.24x | CN¥-83.10 Million |
| 2018 | -34.90% | -32.17% | 0.28x | 3.84x | CN¥-1.57 Billion |
| 2019 | -194.51% | -74.36% | 0.32x | 8.28x | CN¥-2.50 Billion |
| 2020 | 12.94% | 5.55% | 0.36x | 6.48x | CN¥42.11 Million |
| 2021 | -86.74% | -20.80% | 0.39x | 10.80x | CN¥-741.92 Million |
| 2022 | -15.61% | -2.86% | 0.40x | 13.57x | CN¥-166.11 Million |
| 2023 | -56.20% | -12.59% | 0.53x | 8.41x | CN¥-622.67 Million |
| 2024 | -92.93% | -10.47% | 0.58x | 15.23x | CN¥-513.82 Million |
Industry Comparison
This section compares Shenzhen Clou Electronics 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: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Clou Electronics Co Ltd (002121) | CN¥781.65 Million | 20.57% | 9.62x | $1.31 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |