Shenzhen Hifuture Electric (002168) - Net Assets

Latest as of December 2025: CN¥62.97 Million CNY ≈ $9.21 Million USD

Based on the latest financial reports, Shenzhen Hifuture Electric (002168) has net assets worth CN¥62.97 Million CNY (≈ $9.21 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥863.75 Million ≈ $126.39 Million USD) and total liabilities (CN¥800.78 Million ≈ $117.18 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 Hifuture Electric (002168) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥62.97 Million
% of Total Assets 7.29%
Annual Growth Rate -2.93%
5-Year Change -53.01%
10-Year Change -95.35%
Growth Volatility 62.34

Shenzhen Hifuture Electric - Net Assets Trend (2004–2025)

This chart illustrates how Shenzhen Hifuture Electric's net assets have evolved over time, based on quarterly financial data. Also explore 002168 total assets for the complete picture of this company's asset base.

Annual Net Assets for Shenzhen Hifuture Electric (2004–2025)

The table below shows the annual net assets of Shenzhen Hifuture Electric from 2004 to 2025. For live valuation and market cap data, see 002168 stock market capitalisation.

Year Net Assets Change
2025-12-31 CN¥62.97 Million
≈ $9.21 Million		 +262.01%
2024-12-31 CN¥-38.87 Million
≈ $-5.69 Million		 -184.47%
2023-12-31 CN¥46.01 Million
≈ $6.73 Million		 -5.63%
2022-12-31 CN¥48.75 Million
≈ $7.13 Million		 -63.62%
2021-12-31 CN¥134.01 Million
≈ $19.61 Million		 -67.83%
2020-12-31 CN¥416.57 Million
≈ $60.96 Million		 -37.73%
2019-12-31 CN¥668.92 Million
≈ $97.88 Million		 -66.95%
2018-12-31 CN¥2.02 Billion
≈ $296.15 Million		 +45.25%
2017-12-31 CN¥1.39 Billion
≈ $203.89 Million		 +2.88%
2016-12-31 CN¥1.35 Billion
≈ $198.18 Million		 +12.80%
2015-12-31 CN¥1.20 Billion
≈ $175.69 Million		 -4.94%
2014-12-31 CN¥1.26 Billion
≈ $184.82 Million		 +3.39%
2013-12-31 CN¥1.22 Billion
≈ $178.76 Million		 -1.23%
2012-12-31 CN¥1.24 Billion
≈ $180.98 Million		 +5.76%
2011-12-31 CN¥1.17 Billion
≈ $171.12 Million		 +10.81%
2010-12-31 CN¥1.06 Billion
≈ $154.43 Million		 +79.19%
2009-12-31 CN¥588.93 Million
≈ $86.18 Million		 +14.63%
2008-12-31 CN¥513.76 Million
≈ $75.18 Million		 +8.98%
2007-12-31 CN¥471.43 Million
≈ $68.99 Million		 +135.44%
2006-12-31 CN¥200.23 Million
≈ $29.30 Million		 +26.23%
2005-12-31 CN¥158.62 Million
≈ $23.21 Million		 +35.04%
2004-12-31 CN¥117.46 Million
≈ $17.19 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 2164.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥1.34 Billion 8404.48%
Total Equity CN¥15.99 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
Halk Gayrimenkul Yatirim Ortakligi AS
IS:HLGYO
 $490.02 Million
Grupo Casas Bahia S.A.
SA:BHIA3
 $490.11 Million
Amper S.A.
MC:AMP
 $490.15 Million
Chularat Hospital Public Company Limited
BK:CHG
 $490.29 Million
QingCloud Technologies Corp.
SHG:688316
 $489.93 Million
Leaguer Shenzhen MicroElectronics Corp
SHG:688589
 $489.76 Million
Beijing Bashi Media Co Ltd
SHG:600386
 $489.71 Million
Rusoro Mining Ltd
V:RML
 $489.65 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 2024 to 2025, total equity changed from -54,823,505 to 15,990,007, a change of 70,813,512.
  • Net loss of 79,018,374 reduced equity.
  • Dividend payments of 14,132,613 reduced retained earnings.
  • Other comprehensive income decreased equity by 186,946,368.
  • Other factors increased equity by 350,910,867.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-79.02 Million -494.17%
Dividends Paid CN¥14.13 Million -88.38%
Other Comprehensive Income CN¥-186.95 Million -1169.15%
Other Changes CN¥350.91 Million +2194.56%
Total Change CN¥- %

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

  • Current price-to-book ratio: 209.40x
  • 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 increased from 18.92x to 209.40x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.23 CN¥4.27 x
2005-12-31 CN¥0.30 CN¥4.27 x
2006-12-31 CN¥0.38 CN¥4.27 x
2007-12-31 CN¥0.82 CN¥4.27 x
2008-12-31 CN¥0.70 CN¥4.27 x
2009-12-31 CN¥0.76 CN¥4.27 x
2010-12-31 CN¥1.36 CN¥4.27 x
2011-12-31 CN¥1.41 CN¥4.27 x
2012-12-31 CN¥1.49 CN¥4.27 x
2013-12-31 CN¥1.57 CN¥4.27 x
2014-12-31 CN¥1.41 CN¥4.27 x
2015-12-31 CN¥1.60 CN¥4.27 x
2016-12-31 CN¥1.61 CN¥4.27 x
2017-12-31 CN¥1.75 CN¥4.27 x
2018-12-31 CN¥2.45 CN¥4.27 x
2019-12-31 CN¥0.73 CN¥4.27 x
2020-12-31 CN¥0.45 CN¥4.27 x
2021-12-31 CN¥0.13 CN¥4.27 x
2022-12-31 CN¥0.03 CN¥4.27 x
2023-12-31 CN¥0.02 CN¥4.27 x
2024-12-31 CN¥-0.07 CN¥4.27 x
2025-12-31 CN¥0.02 CN¥4.27 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): -494.17%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -21.41%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 54.02x
  • Recent ROE (-494.17%) is below the historical average (-50.67%), 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 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 -7.99% -28.84% 0.12x 2.40x CN¥-242.20 Million
2018 17.54% 17.72% 0.51x 1.92x CN¥144.64 Million
2019 23.40% 12.36% 0.47x 4.05x CN¥77.30 Million
2020 -51.46% -23.30% 0.53x 4.15x CN¥-218.42 Million
2021 -215.78% -67.55% 0.35x 9.25x CN¥-233.18 Million
2022 -539.42% -47.27% 0.30x 37.75x CN¥-117.67 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
2025 -494.17% -21.41% 0.43x 54.02x CN¥-80.62 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: $2,126,582,124
  • Average return on equity (ROE) among peers: 8.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Hifuture Electric (002168) CN¥62.97 Million 33.51% 12.72x $489.97 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 Hifuture Electric

SHE:002168 China Electrical Equipment & Parts
Market Cap
$489.97 Million
CN¥3.35 Billion CNY
Market Cap Rank
#12644 Global
#3941 in China
Share Price
CN¥4.27
Change (1 day)
+1.67%
52-Week Range
CN¥2.39 - CN¥5.08
All Time High
CN¥17.12
Categories
Companies in China Electrical Equipment & Parts
About

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