Shanghai HiTech Control System (002184) - Net Assets

Latest as of September 2025: CN¥1.44 Billion CNY ≈ $210.64 Million USD

Based on the latest financial reports, Shanghai HiTech Control System (002184) has net assets worth CN¥1.44 Billion CNY (≈ $210.64 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¥3.19 Billion ≈ $467.37 Million USD) and total liabilities (CN¥1.75 Billion ≈ $256.73 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 asset resilience ratio of Shanghai HiTech Control System to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.44 Billion
% of Total Assets	45.07%
Annual Growth Rate	12.86%
5-Year Change	10.82%
10-Year Change	49.62%
Growth Volatility	44.85

Shanghai HiTech Control System - Net Assets Trend (2004–2024)

This chart illustrates how Shanghai HiTech Control System's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai HiTech Control System balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Shanghai HiTech Control System (2004–2024)

The table below shows the annual net assets of Shanghai HiTech Control System from 2004 to 2024. For live valuation and market cap data, see market cap of Shanghai HiTech Control System.

Year	Net Assets	Change
2024-12-31	CN¥1.40 Billion ≈ $204.69 Million	-21.73%
2023-12-31	CN¥1.79 Billion ≈ $261.53 Million	+15.32%
2022-12-31	CN¥1.55 Billion ≈ $226.79 Million	+8.99%
2021-12-31	CN¥1.42 Billion ≈ $208.09 Million	+12.66%
2020-12-31	CN¥1.26 Billion ≈ $184.71 Million	+12.32%
2019-12-31	CN¥1.12 Billion ≈ $164.46 Million	+4.40%
2018-12-31	CN¥1.08 Billion ≈ $157.53 Million	-15.34%
2017-12-31	CN¥1.27 Billion ≈ $186.07 Million	+1.65%
2016-12-31	CN¥1.25 Billion ≈ $183.06 Million	+33.80%
2015-12-31	CN¥934.94 Million ≈ $136.81 Million	+5.64%
2014-12-31	CN¥885.00 Million ≈ $129.50 Million	+3.27%
2013-12-31	CN¥857.00 Million ≈ $125.41 Million	+3.19%
2012-12-31	CN¥830.52 Million ≈ $121.53 Million	-0.74%
2011-12-31	CN¥836.68 Million ≈ $122.43 Million	+1.74%
2010-12-31	CN¥822.35 Million ≈ $120.34 Million	+3.25%
2009-12-31	CN¥796.43 Million ≈ $116.54 Million	+5.59%
2008-12-31	CN¥754.27 Million ≈ $110.37 Million	+26.13%
2007-12-31	CN¥597.99 Million ≈ $87.50 Million	+204.89%
2006-12-31	CN¥196.13 Million ≈ $28.70 Million	+24.43%
2005-12-31	CN¥157.63 Million ≈ $23.07 Million	+26.78%
2004-12-31	CN¥124.33 Million ≈ $18.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shanghai HiTech Control System'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 grown by 313.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥200.22 Million	17.61%
Common Stock	CN¥351.91 Million	30.95%
Other Comprehensive Income	CN¥203.10 Million	17.86%
Other Components	CN¥381.68 Million	33.57%
Total Equity	CN¥1.14 Billion	100.00%

Shanghai HiTech Control System Competitors by Market Cap

The table below lists competitors of Shanghai HiTech Control System ranked by their market capitalization.

Company	Market Cap
Keystone Electrical (Zhejiang) Co. Ltd. A SHE:301448	$602.30 Million
Qingdao Kingking Applied Chemistry Co Ltd SHE:002094	$602.56 Million
Deluxe Family Co Ltd SHG:600503	$602.58 Million
Gansu Engineering Consulting Group Co Ltd SHE:000779	$602.65 Million
Maxic Technology Inc. A SHG:688458	$601.60 Million
Everjoy Health Group Co Ltd SHE:002162	$601.58 Million
Mutares SE & Co. KGaA XETRA:MUX	$601.32 Million
CCCG Real Estate Corp Ltd SHE:000736	$601.28 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai HiTech Control System's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,389,534,282 to 1,136,906,063, a change of -252,628,219 (-18.2%).
Net loss of 222,743,512 reduced equity.
Dividend payments of 44,481,327 reduced retained earnings.
Other comprehensive income increased equity by 203,104,629.
Other factors decreased equity by 188,508,009.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-222.74 Million	-19.59%
Dividends Paid	CN¥44.48 Million	-3.91%
Other Comprehensive Income	CN¥203.10 Million	+17.86%
Other Changes	CN¥-188.51 Million	-16.58%
Total Change	CN¥-	-18.18%

Book Value vs Market Value Analysis

This analysis compares Shanghai HiTech Control System'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: 3.62x
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 23.50x to 3.62x 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¥0.50	CN¥11.69	x
2005-12-31	CN¥0.63	CN¥11.69	x
2006-12-31	CN¥0.81	CN¥11.69	x
2007-12-31	CN¥2.29	CN¥11.69	x
2008-12-31	CN¥2.06	CN¥11.69	x
2009-12-31	CN¥2.15	CN¥11.69	x
2010-12-31	CN¥2.21	CN¥11.69	x
2011-12-31	CN¥2.24	CN¥11.69	x
2012-12-31	CN¥2.21	CN¥11.69	x
2013-12-31	CN¥2.27	CN¥11.69	x
2014-12-31	CN¥2.38	CN¥11.69	x
2015-12-31	CN¥2.51	CN¥11.69	x
2016-12-31	CN¥3.26	CN¥11.69	x
2017-12-31	CN¥3.10	CN¥11.69	x
2018-12-31	CN¥2.63	CN¥11.69	x
2019-12-31	CN¥2.75	CN¥11.69	x
2020-12-31	CN¥3.05	CN¥11.69	x
2021-12-31	CN¥3.37	CN¥11.69	x
2022-12-31	CN¥3.66	CN¥11.69	x
2023-12-31	CN¥3.95	CN¥11.69	x
2024-12-31	CN¥3.23	CN¥11.69	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai HiTech Control System 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): -19.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -9.48%
• Asset Turnover: 0.63x
• Equity Multiplier: 3.27x
Recent ROE (-19.59%) is below the historical average (6.76%), 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	26.94%	6.16%	2.02x	2.16x	CN¥19.90 Million
2005	25.00%	5.79%	2.03x	2.13x	CN¥22.44 Million
2006	24.68%	6.25%	2.00x	1.97x	CN¥28.15 Million
2007	9.14%	5.48%	1.10x	1.52x	CN¥-4.88 Million
2008	8.17%	5.01%	1.18x	1.39x	CN¥-12.15 Million
2009	5.95%	3.59%	1.19x	1.39x	CN¥-28.21 Million
2010	4.21%	2.19%	1.27x	1.52x	CN¥-41.41 Million
2011	2.83%	1.54%	1.16x	1.59x	CN¥-51.95 Million
2012	0.31%	0.17%	1.03x	1.73x	CN¥-69.35 Million
2013	4.21%	2.16%	1.12x	1.74x	CN¥-42.62 Million
2014	7.22%	3.59%	1.00x	2.02x	CN¥-21.39 Million
2015	9.58%	4.47%	0.90x	2.38x	CN¥-3.45 Million
2016	1.21%	0.77%	0.81x	1.94x	CN¥-97.59 Million
2017	1.31%	0.71%	0.95x	1.94x	CN¥-96.52 Million
2018	-17.28%	-9.44%	0.80x	2.30x	CN¥-251.87 Million
2019	5.42%	2.55%	1.02x	2.09x	CN¥-44.36 Million
2020	11.82%	5.61%	0.97x	2.18x	CN¥19.52 Million
2021	11.34%	5.39%	0.97x	2.17x	CN¥15.90 Million
2022	11.00%	5.24%	0.86x	2.43x	CN¥12.84 Million
2023	8.44%	3.30%	0.79x	3.24x	CN¥-21.65 Million
2024	-19.59%	-9.48%	0.63x	3.27x	CN¥-336.43 Million

Industry Comparison

This section compares Shanghai HiTech Control System's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $1,183,615,223
Average return on equity (ROE) among peers: -62.36%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai HiTech Control System (002184)	CN¥1.44 Billion	26.94%	1.22x	$601.98 Million
Digital China Group Co Ltd (000034)	$-806.39 Million	0.00%	0.00x	$4.00 Billion
ZJBC Information Technology Co Ltd (000889)	$338.44 Million	-592.41%	3.36x	$605.58 Million
Yunnan Nantian Electronics Information Co Ltd (000948)	$516.76 Million	0.60%	0.37x	$826.70 Million
Guomai Technologies Inc (002093)	$1.28 Billion	8.47%	0.78x	$1.23 Billion
SZZT Electronics Co Ltd (002197)	$2.42 Billion	-9.95%	1.15x	$723.70 Million
Talkweb Information System Co Ltd (002261)	$3.78 Billion	5.60%	0.12x	$6.53 Billion
Westone Information Industry Inc (002268)	$378.26 Million	9.09%	0.20x	$1.94 Billion
Taiji Computer Corp Ltd (002368)	$2.03 Billion	9.66%	1.05x	$1.57 Billion
COSCO SHIPPING Technology Co Ltd (002401)	$715.73 Million	7.66%	0.70x	$771.75 Million

About Shanghai HiTech Control System

SHE:002184 China Information Technology Services

Market Cap

$601.98 Million

CN¥4.11 Billion CNY

Market Cap Rank

#11582 Global

#3530 in China

Share Price

CN¥11.69

Change (1 day)

+4.10%

52-Week Range

CN¥10.87 - CN¥17.15

All Time High

CN¥3458.71