Shenzhen Sea Star Technology (002137) - Net Assets

Latest as of September 2025: CN¥1.58 Billion CNY ≈ $231.72 Million USD

Based on the latest financial reports, Shenzhen Sea Star Technology (002137) has net assets worth CN¥1.58 Billion CNY (≈ $231.72 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¥1.92 Billion ≈ $280.93 Million USD) and total liabilities (CN¥336.29 Million ≈ $49.21 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 Shenzhen Sea Star Technology liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 002137 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Shenzhen Sea Star Technology stock valuation.

Year Net Assets Change
2024-12-31 CN¥1.55 Billion
≈ $226.08 Million		 -1.16%
2023-12-31 CN¥1.56 Billion
≈ $228.73 Million		 +0.70%
2022-12-31 CN¥1.55 Billion
≈ $227.14 Million		 +10.52%
2021-12-31 CN¥1.40 Billion
≈ $205.53 Million		 -7.43%
2020-12-31 CN¥1.52 Billion
≈ $222.02 Million		 +2.64%
2019-12-31 CN¥1.48 Billion
≈ $216.30 Million		 +5.45%
2018-12-31 CN¥1.40 Billion
≈ $205.12 Million		 -20.08%
2017-12-31 CN¥1.75 Billion
≈ $256.67 Million		 +7.31%
2016-12-31 CN¥1.63 Billion
≈ $239.19 Million		 +79.35%
2015-12-31 CN¥911.41 Million
≈ $133.37 Million		 +78.93%
2014-12-31 CN¥509.36 Million
≈ $74.54 Million		 +3.03%
2013-12-31 CN¥494.39 Million
≈ $72.34 Million		 -10.26%
2012-12-31 CN¥550.89 Million
≈ $80.61 Million		 +1.01%
2011-12-31 CN¥545.38 Million
≈ $79.81 Million		 +10.22%
2010-12-31 CN¥494.82 Million
≈ $72.41 Million		 +0.07%
2009-12-31 CN¥494.49 Million
≈ $72.36 Million		 -5.89%
2008-12-31 CN¥525.43 Million
≈ $76.89 Million		 -2.28%
2007-12-31 CN¥537.67 Million
≈ $78.68 Million		 +244.37%
2006-12-31 CN¥156.13 Million
≈ $22.85 Million		 +70.95%
2005-12-31 CN¥91.33 Million
≈ $13.37 Million		 +53.43%
2004-12-31 CN¥59.53 Million
≈ $8.71 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
Kossan Rubber Industries Bhd
KLSE:7153
 $698.28 Million
Zhuhai Port Co Ltd
SHE:000507
 $698.50 Million
Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd
SHE:002479
 $698.70 Million
Shenzhen Refond Optoelectronics Co Ltd
SHE:300241
 $698.85 Million
Gansu Golden Glass Technologies Co Ltd
SHE:300093
 $697.90 Million
India Glycols Limited
NSE:INDIAGLYCO
 $697.83 Million
Fineos Corporation Holdings Plc
AU:FCL
 $697.81 Million
Regional Container Lines Public Company Limited
BK:RCL-R
 $697.45 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: 3.22x
  • 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 4.38x to 3.22x 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¥8.26 x
2005-12-31 CN¥0.68 CN¥8.26 x
2006-12-31 CN¥0.41 CN¥8.26 x
2007-12-31 CN¥1.22 CN¥8.26 x
2008-12-31 CN¥1.57 CN¥8.26 x
2009-12-31 CN¥1.17 CN¥8.26 x
2010-12-31 CN¥1.17 CN¥8.26 x
2011-12-31 CN¥1.26 CN¥8.26 x
2012-12-31 CN¥1.27 CN¥8.26 x
2013-12-31 CN¥1.12 CN¥8.26 x
2014-12-31 CN¥1.09 CN¥8.26 x
2015-12-31 CN¥1.93 CN¥8.26 x
2016-12-31 CN¥2.82 CN¥8.26 x
2017-12-31 CN¥2.97 CN¥8.26 x
2018-12-31 CN¥2.36 CN¥8.26 x
2019-12-31 CN¥2.47 CN¥8.26 x
2020-12-31 CN¥2.51 CN¥8.26 x
2021-12-31 CN¥2.35 CN¥8.26 x
2022-12-31 CN¥2.60 CN¥8.26 x
2023-12-31 CN¥2.61 CN¥8.26 x
2024-12-31 CN¥2.56 CN¥8.26 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: $2,126,582,124
  • Average return on equity (ROE) among peers: 8.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Sea Star Technology (002137) CN¥1.58 Billion 18.65% 0.21x $698.03 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
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 Sea Star Technology

SHE:002137 China Electrical Equipment & Parts
Market Cap
$698.03 Million
CN¥4.77 Billion CNY
Market Cap Rank
#10867 Global
#3205 in China
Share Price
CN¥8.26
Change (1 day)
-0.12%
52-Week Range
CN¥7.56 - CN¥10.14
All Time High
CN¥24.71
Categories
Companies in China Electrical Equipment & Parts
About

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