Shenzhen Hifuture Electric
Chongqing Hifuture Information Technology Co., Ltd. engages in the electrical distribution network equipment and insulation technology businesses in China and internationally. The company focuses on the design, manufacture, and provision of electrical equipment, including high-precision smart meters and data acquisition systems; high and low voltage switchgear; customized equipment; smart energy-… Read more
Shenzhen Hifuture Electric (002168) - Net Assets
Latest net assets as of September 2025: CN¥58.80 Million CNY
Based on the latest financial reports, Shenzhen Hifuture Electric (002168) has net assets worth CN¥58.80 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¥926.70 Million) and total liabilities (CN¥867.90 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¥58.80 Million |
| % of Total Assets | 6.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | -109.33% |
| 10-Year Change | -103.24% |
| Growth Volatility | 62.34 |
Shenzhen Hifuture Electric - Net Assets Trend (2004–2024)
This chart illustrates how Shenzhen Hifuture Electric'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 Hifuture Electric (2004–2024)
The table below shows the annual net assets of Shenzhen Hifuture Electric from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥-38.87 Million | -184.47% |
| 2023-12-31 | CN¥46.01 Million | -5.63% |
| 2022-12-31 | CN¥48.75 Million | -63.62% |
| 2021-12-31 | CN¥134.01 Million | -67.83% |
| 2020-12-31 | CN¥416.57 Million | -37.73% |
| 2019-12-31 | CN¥668.92 Million | -66.95% |
| 2018-12-31 | CN¥2.02 Billion | +45.25% |
| 2017-12-31 | CN¥1.39 Billion | +2.88% |
| 2016-12-31 | CN¥1.35 Billion | +12.80% |
| 2015-12-31 | CN¥1.20 Billion | -4.94% |
| 2014-12-31 | CN¥1.26 Billion | +3.39% |
| 2013-12-31 | CN¥1.22 Billion | -1.23% |
| 2012-12-31 | CN¥1.24 Billion | +5.76% |
| 2011-12-31 | CN¥1.17 Billion | +10.81% |
| 2010-12-31 | CN¥1.06 Billion | +79.19% |
| 2009-12-31 | CN¥588.93 Million | +14.63% |
| 2008-12-31 | CN¥513.76 Million | +8.98% |
| 2007-12-31 | CN¥471.43 Million | +135.44% |
| 2006-12-31 | CN¥200.23 Million | +26.23% |
| 2005-12-31 | CN¥158.62 Million | +35.04% |
| 2004-12-31 | CN¥117.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Hifuture Electric'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 2041.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥784.16 Million | % |
| Other Comprehensive Income | CN¥186.95 Million | % |
| Other Components | CN¥222.94 Million | % |
| Total Equity | CN¥-54.82 Million | 100.00% |
Shenzhen Hifuture Electric Competitors by Market Cap
The table below lists competitors of Shenzhen Hifuture Electric ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Helen of Troy Ltd
NASDAQ:HELE
|
$363.75 Million |
|
Hite Jinro
KO:000080
|
$363.76 Million |
|
Rezolve AI Limited Ordinary Shares
NASDAQ:RZLV
|
$363.86 Million |
|
Channel Well Technology Co Ltd
TWO:3078
|
$363.94 Million |
|
Triductor Technology (Suzhou) Inc.
SHG:688259
|
$363.69 Million |
|
Tsukishima Holdings Co., Ltd.
F:QO3
|
$363.66 Million |
|
Ag Growth International Inc
PINK:AGGZF
|
$363.58 Million |
|
Caplin Point Laboratories Limited
NSE:CAPLIPOINT
|
$363.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Hifuture Electric's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,541,043 to -54,823,505, a change of -72,364,548 (-412.5%).
- Net loss of 149,521,961 reduced equity.
- Dividend payments of 12,629,101 reduced retained earnings.
- Other comprehensive income increased equity by 186,946,368.
- Other factors decreased equity by 97,159,854.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-149.52 Million | -272.73% |
| Dividends Paid | CN¥12.63 Million | -23.04% |
| Other Comprehensive Income | CN¥186.95 Million | +341.0% |
| Other Changes | CN¥-97.16 Million | -177.22% |
| Total Change | CN¥- | -412.54% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Hifuture Electric'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.23 | CN¥4.20 | x |
| 2005-12-31 | CN¥0.30 | CN¥4.20 | x |
| 2006-12-31 | CN¥0.38 | CN¥4.20 | x |
| 2007-12-31 | CN¥0.82 | CN¥4.20 | x |
| 2008-12-31 | CN¥0.70 | CN¥4.20 | x |
| 2009-12-31 | CN¥0.76 | CN¥4.20 | x |
| 2010-12-31 | CN¥1.36 | CN¥4.20 | x |
| 2011-12-31 | CN¥1.41 | CN¥4.20 | x |
| 2012-12-31 | CN¥1.41 | CN¥4.20 | x |
| 2013-12-31 | CN¥1.57 | CN¥4.20 | x |
| 2014-12-31 | CN¥1.41 | CN¥4.20 | x |
| 2015-12-31 | CN¥1.60 | CN¥4.20 | x |
| 2016-12-31 | CN¥1.61 | CN¥4.20 | x |
| 2017-12-31 | CN¥1.75 | CN¥4.20 | x |
| 2018-12-31 | CN¥2.63 | CN¥4.20 | x |
| 2019-12-31 | CN¥0.74 | CN¥4.20 | x |
| 2020-12-31 | CN¥0.45 | CN¥4.20 | x |
| 2021-12-31 | CN¥0.13 | CN¥4.20 | x |
| 2022-12-31 | CN¥0.03 | CN¥4.20 | x |
| 2023-12-31 | CN¥0.02 | CN¥4.20 | x |
| 2024-12-31 | CN¥-0.07 | CN¥4.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Hifuture Electric 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -75.81%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-43.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 33.51% | 26.11% | 1.03x | 1.25x | CN¥27.62 Million |
| 2005 | 25.95% | 23.42% | 0.93x | 1.20x | CN¥25.30 Million |
| 2006 | 20.78% | 23.49% | 0.64x | 1.38x | CN¥21.59 Million |
| 2007 | 8.12% | 20.82% | 0.36x | 1.07x | CN¥-8.88 Million |
| 2008 | 9.37% | 19.10% | 0.39x | 1.26x | CN¥-3.11 Million |
| 2009 | 13.78% | 23.50% | 0.38x | 1.54x | CN¥20.24 Million |
| 2010 | 7.00% | 19.90% | 0.26x | 1.36x | CN¥-30.12 Million |
| 2011 | 6.61% | 19.07% | 0.27x | 1.30x | CN¥-36.18 Million |
| 2012 | 5.68% | 17.03% | 0.27x | 1.24x | CN¥-48.77 Million |
| 2013 | 3.18% | 8.24% | 0.30x | 1.29x | CN¥-76.30 Million |
| 2014 | -8.51% | -28.37% | 0.20x | 1.52x | CN¥-193.21 Million |
| 2015 | 11.27% | 64.65% | 0.15x | 1.19x | CN¥15.30 Million |
| 2016 | 5.61% | 26.30% | 0.14x | 1.51x | CN¥-59.52 Million |
| 2017 | -8.27% | -29.82% | 0.12x | 2.40x | CN¥-245.87 Million |
| 2018 | 17.54% | 17.72% | 0.51x | 1.92x | CN¥144.64 Million |
| 2019 | -204.49% | -108.01% | 0.47x | 4.05x | CN¥-1.24 Billion |
| 2020 | -54.35% | -24.60% | 0.53x | 4.15x | CN¥-228.69 Million |
| 2021 | -245.25% | -76.78% | 0.35x | 9.25x | CN¥-263.62 Million |
| 2022 | -563.63% | -49.39% | 0.30x | 37.75x | CN¥-122.86 Million |
| 2023 | 10.82% | 0.75% | 0.27x | 53.82x | CN¥143.23K |
| 2024 | 0.00% | -75.81% | 0.25x | 0.00x | CN¥-144.04 Million |
Industry Comparison
This section compares Shenzhen Hifuture Electric'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 Hifuture Electric (002168) | CN¥58.80 Million | 33.51% | 14.76x | $363.75 Million |
| 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 |