Shenzhen Clou Electronics Co Ltd (002121) - Net Assets

Latest as of September 2025: CN¥781.65 Million CNY ≈ $114.38 Million USD

Based on the latest financial reports, Shenzhen Clou Electronics Co Ltd (002121) has net assets worth CN¥781.65 Million CNY (≈ $114.38 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¥8.30 Billion ≈ $1.22 Billion USD) and total liabilities (CN¥7.52 Billion ≈ $1.10 Billion 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 Shenzhen Clou Electronics Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Shenzhen Clou Electronics Co Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 002121 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥510.65 Million ≈ $74.72 Million	-47.92%
2023-12-31	CN¥980.49 Million ≈ $143.48 Million	+41.30%
2022-12-31	CN¥693.89 Million ≈ $101.54 Million	-28.67%
2021-12-31	CN¥972.85 Million ≈ $142.36 Million	-40.63%
2020-12-31	CN¥1.64 Billion ≈ $239.79 Million	+52.46%
2019-12-31	CN¥1.07 Billion ≈ $157.28 Million	-70.59%
2018-12-31	CN¥3.65 Billion ≈ $534.78 Million	-25.40%
2017-12-31	CN¥4.90 Billion ≈ $716.88 Million	+75.41%
2016-12-31	CN¥2.79 Billion ≈ $408.69 Million	+14.67%
2015-12-31	CN¥2.44 Billion ≈ $356.40 Million	+65.00%
2014-12-31	CN¥1.48 Billion ≈ $216.00 Million	+8.84%
2013-12-31	CN¥1.36 Billion ≈ $198.46 Million	+5.46%
2012-12-31	CN¥1.29 Billion ≈ $188.18 Million	+7.26%
2011-12-31	CN¥1.20 Billion ≈ $175.45 Million	+4.63%
2010-12-31	CN¥1.15 Billion ≈ $167.68 Million	+130.42%
2009-12-31	CN¥497.29 Million ≈ $72.77 Million	+16.33%
2008-12-31	CN¥427.48 Million ≈ $62.55 Million	+8.37%
2007-12-31	CN¥394.46 Million ≈ $57.72 Million	+137.91%
2006-12-31	CN¥165.80 Million ≈ $24.26 Million	+23.73%
2005-12-31	CN¥134.00 Million ≈ $19.61 Million	+23.59%
2004-12-31	CN¥108.43 Million ≈ $15.87 Million	+15.47%
2003-12-31	CN¥93.90 Million ≈ $13.74 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
BHI Co. Ltd KQ:083650	$1.69 Billion
Suofeiya Home Collection Co Ltd SHE:002572	$1.69 Billion
Lufax Holding Ltd NYSE:LU	$1.69 Billion
Fibra Terrafina MX:TERRA13	$1.69 Billion
Cyrela Brazil Realty S.A. Empreendimentos e Participações SA:CYRE3	$1.69 Billion
Stolt-Nielsen Limited OL:SNI	$1.69 Billion
City Holding Company NASDAQ:CHCO	$1.69 Billion
Zhejiang Merit Interactive Network Technology Co Ltd Class A SHE:300766	$1.69 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: 23.12x
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 53.03x to 23.12x 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¥6.95	x
2004-12-31	CN¥0.15	CN¥6.95	x
2005-12-31	CN¥0.18	CN¥6.95	x
2006-12-31	CN¥0.25	CN¥6.95	x
2007-12-31	CN¥0.45	CN¥6.95	x
2008-12-31	CN¥0.46	CN¥6.95	x
2009-12-31	CN¥0.55	CN¥6.95	x
2010-12-31	CN¥1.23	CN¥6.95	x
2011-12-31	CN¥1.20	CN¥6.95	x
2012-12-31	CN¥1.28	CN¥6.95	x
2013-12-31	CN¥1.34	CN¥6.95	x
2014-12-31	CN¥1.46	CN¥6.95	x
2015-12-31	CN¥1.99	CN¥6.95	x
2016-12-31	CN¥2.23	CN¥6.95	x
2017-12-31	CN¥3.51	CN¥6.95	x
2018-12-31	CN¥2.48	CN¥6.95	x
2019-12-31	CN¥0.87	CN¥6.95	x
2020-12-31	CN¥1.02	CN¥6.95	x
2021-12-31	CN¥0.54	CN¥6.95	x
2022-12-31	CN¥0.46	CN¥6.95	x
2023-12-31	CN¥0.60	CN¥6.95	x
2024-12-31	CN¥0.30	CN¥6.95	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: $2,126,582,124
Average return on equity (ROE) among peers: 8.28%

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	$1.69 Billion
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
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$11.08 Billion	1.35%	1.51x	$9.75 Billion

About Shenzhen Clou Electronics Co Ltd

SHE:002121 China Electrical Equipment & Parts

Market Cap

$1.69 Billion

CN¥11.54 Billion CNY

Market Cap Rank

#6891 Global

#1593 in China

Share Price

CN¥6.95

Change (1 day)

-1.42%

52-Week Range

CN¥4.62 - CN¥10.26

All Time High

CN¥12.47