Shenzhen Sea Star Technology
Shenzhen Sea Star Technology Co.,Ltd, together with its subsidiaries, engages in the intelligent hardware manufacturing, research and development, production and sales of intelligent terminal products in China. The company offers semiconductor packaging and testing equipment components; and new energy products, such as inverters, automotive electronics, and other related products. It also engaged… Read more
Shenzhen Sea Star Technology (002137) - Net Assets
Latest net assets as of September 2025: CN¥1.58 Billion CNY
Based on the latest financial reports, Shenzhen Sea Star Technology (002137) has net assets worth CN¥1.58 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¥1.92 Billion) and total liabilities (CN¥336.29 Million). 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¥1.58 Billion |
| % of Total Assets | 82.48% |
| Annual Growth Rate | 17.68% |
| 5-Year Change | 1.83% |
| 10-Year Change | 69.52% |
| Growth Volatility | 58.09 |
Shenzhen Sea Star Technology - Net Assets Trend (2004–2024)
This chart illustrates how Shenzhen Sea Star Technology'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 Sea Star Technology (2004–2024)
The table below shows the annual net assets of Shenzhen Sea Star Technology from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.55 Billion | -1.16% |
| 2023-12-31 | CN¥1.56 Billion | +0.70% |
| 2022-12-31 | CN¥1.55 Billion | +10.52% |
| 2021-12-31 | CN¥1.40 Billion | -7.43% |
| 2020-12-31 | CN¥1.52 Billion | +2.64% |
| 2019-12-31 | CN¥1.48 Billion | +5.45% |
| 2018-12-31 | CN¥1.40 Billion | -20.08% |
| 2017-12-31 | CN¥1.75 Billion | +7.31% |
| 2016-12-31 | CN¥1.63 Billion | +79.35% |
| 2015-12-31 | CN¥911.41 Million | +78.93% |
| 2014-12-31 | CN¥509.36 Million | +3.03% |
| 2013-12-31 | CN¥494.39 Million | -10.26% |
| 2012-12-31 | CN¥550.89 Million | +1.01% |
| 2011-12-31 | CN¥545.38 Million | +10.22% |
| 2010-12-31 | CN¥494.82 Million | +0.07% |
| 2009-12-31 | CN¥494.49 Million | -5.89% |
| 2008-12-31 | CN¥525.43 Million | -2.28% |
| 2007-12-31 | CN¥537.67 Million | +244.37% |
| 2006-12-31 | CN¥156.13 Million | +70.95% |
| 2005-12-31 | CN¥91.33 Million | +53.43% |
| 2004-12-31 | CN¥59.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sea Star Technology'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 277.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥577.50 Million | 38.97% |
| Other Comprehensive Income | CN¥107.97 Million | 7.29% |
| Other Components | CN¥870.48 Million | 58.75% |
| Total Equity | CN¥1.48 Billion | 100.00% |
Shenzhen Sea Star Technology Competitors by Market Cap
The table below lists competitors of Shenzhen Sea Star Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Il Dong Pharmaceutical Co Ltd
KO:249420
|
$409.69 Million |
|
Shanghai Sinotec Co Ltd
SHG:603121
|
$409.94 Million |
|
Bravura Solutions Ltd
AU:BVS
|
$409.97 Million |
|
Tian Jin Global Magnetic Card Co Ltd
SHG:600800
|
$410.02 Million |
|
Zhangjiagang Freetrade Science and Technology Co Ltd
SHG:600794
|
$409.46 Million |
|
Gokaldas Exports Limited
NSE:GOKEX
|
$409.29 Million |
|
Calavo Growers Inc
NASDAQ:CVGW
|
$409.27 Million |
|
Mah Sing Group Bhd
KLSE:8583
|
$409.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sea Star Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,510,667,563 to 1,481,783,534, a change of -28,884,029 (-1.9%).
- Net loss of 23,407,520 reduced equity.
- Dividend payments of 639,213 reduced retained earnings.
- Other comprehensive income decreased equity by 6,585,523.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-23.41 Million | -1.58% |
| Dividends Paid | CN¥639.21K | -0.04% |
| Other Comprehensive Income | CN¥-6.59 Million | -0.44% |
| Other Changes | CN¥1.75 Million | +0.12% |
| Total Change | CN¥- | -1.91% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sea Star Technology'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: 3.49x
- 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 4.74x to 3.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥1.88 | CN¥8.94 | x |
| 2005-12-31 | CN¥0.68 | CN¥8.94 | x |
| 2006-12-31 | CN¥0.41 | CN¥8.94 | x |
| 2007-12-31 | CN¥1.22 | CN¥8.94 | x |
| 2008-12-31 | CN¥1.57 | CN¥8.94 | x |
| 2009-12-31 | CN¥1.17 | CN¥8.94 | x |
| 2010-12-31 | CN¥1.17 | CN¥8.94 | x |
| 2011-12-31 | CN¥1.26 | CN¥8.94 | x |
| 2012-12-31 | CN¥1.27 | CN¥8.94 | x |
| 2013-12-31 | CN¥1.12 | CN¥8.94 | x |
| 2014-12-31 | CN¥1.09 | CN¥8.94 | x |
| 2015-12-31 | CN¥1.93 | CN¥8.94 | x |
| 2016-12-31 | CN¥2.82 | CN¥8.94 | x |
| 2017-12-31 | CN¥2.97 | CN¥8.94 | x |
| 2018-12-31 | CN¥2.36 | CN¥8.94 | x |
| 2019-12-31 | CN¥2.47 | CN¥8.94 | x |
| 2020-12-31 | CN¥2.51 | CN¥8.94 | x |
| 2021-12-31 | CN¥2.35 | CN¥8.94 | x |
| 2022-12-31 | CN¥2.60 | CN¥8.94 | x |
| 2023-12-31 | CN¥2.61 | CN¥8.94 | x |
| 2024-12-31 | CN¥2.56 | CN¥8.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sea Star Technology 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): -1.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.94%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.31x
- Recent ROE (-1.58%) is below the historical average (4.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 18.65% | 4.10% | 1.78x | 2.55x | CN¥5.15 Million |
| 2005 | 34.82% | 6.39% | 1.96x | 2.78x | CN¥22.67 Million |
| 2006 | 36.49% | 9.72% | 1.18x | 3.20x | CN¥34.02 Million |
| 2007 | 12.00% | 5.13% | 1.34x | 1.75x | CN¥10.29 Million |
| 2008 | 6.65% | 3.82% | 0.73x | 2.40x | CN¥-17.04 Million |
| 2009 | 1.24% | 0.99% | 0.82x | 1.53x | CN¥-43.34 Million |
| 2010 | 5.30% | 1.97% | 1.03x | 2.61x | CN¥-23.24 Million |
| 2011 | 6.86% | 2.11% | 1.48x | 2.20x | CN¥-16.66 Million |
| 2012 | 5.99% | 2.83% | 1.28x | 1.65x | CN¥-21.53 Million |
| 2013 | -38.78% | -30.32% | 0.71x | 1.80x | CN¥-235.94 Million |
| 2014 | 2.85% | 2.61% | 0.82x | 1.33x | CN¥-35.74 Million |
| 2015 | 2.02% | 4.35% | 0.31x | 1.48x | CN¥-71.64 Million |
| 2016 | 9.32% | 18.77% | 0.42x | 1.18x | CN¥-10.94 Million |
| 2017 | 4.29% | 7.85% | 0.44x | 1.24x | CN¥-97.91 Million |
| 2018 | -26.97% | -35.41% | 0.61x | 1.25x | CN¥-502.60 Million |
| 2019 | 6.10% | 11.41% | 0.42x | 1.28x | CN¥-55.70 Million |
| 2020 | 1.94% | 3.59% | 0.41x | 1.32x | CN¥-117.03 Million |
| 2021 | -7.91% | -11.64% | 0.47x | 1.45x | CN¥-242.91 Million |
| 2022 | 9.61% | 22.59% | 0.33x | 1.29x | CN¥-5.91 Million |
| 2023 | 0.69% | 1.76% | 0.31x | 1.25x | CN¥-140.61 Million |
| 2024 | -1.58% | -3.94% | 0.31x | 1.31x | CN¥-171.59 Million |
Industry Comparison
This section compares Shenzhen Sea Star Technology's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,439,846,079
- Average return on equity (ROE) among peers: 10.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sea Star Technology (002137) | CN¥1.58 Billion | 18.65% | 0.21x | $409.53 Million |
| XJ Electric Co Ltd (000400) | $7.55 Billion | 11.51% | 0.89x | $2.54 Billion |
| Guangdong Macro Co Ltd (000533) | $971.33 Million | 13.39% | 1.48x | $880.32 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $703.62 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.47 Billion | 5.33% | 0.99x | $366.05 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $873.58 Million | 10.72% | 0.86x | $889.01 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $5.66 Billion | 12.76% | 0.31x | $1.58 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $1.22 Billion | 11.09% | 0.26x | $212.27 Million |
| Sieyuan Electric Co Ltd (002028) | $2.91 Billion | 32.63% | 0.33x | $15.18 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.06 Million | -9.17% | 0.66x | $222.14 Million |