SZZT Electronics Co Ltd
SZZT Electronics CO.,LTD provides financial electronic equipment products primarily in China and internationally. The company offers POS machines, cloud speakers, card making machines, facial recognition payment terminals, cash registers, mobile payment scanning terminals, desktop smart terminals, agricultural service terminals, encryption keyboards, payment kits, tax control service terminals, a… Read more
SZZT Electronics Co Ltd (002197) - Net Assets
Latest net assets as of September 2025: CN¥2.15 Billion CNY
Based on the latest financial reports, SZZT Electronics Co Ltd (002197) has net assets worth CN¥2.15 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¥5.70 Billion) and total liabilities (CN¥3.54 Billion). 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¥2.15 Billion |
| % of Total Assets | 37.79% |
| Annual Growth Rate | 25.06% |
| 5-Year Change | -8.42% |
| 10-Year Change | 78.32% |
| Growth Volatility | 77.09 |
SZZT Electronics Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how SZZT Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SZZT Electronics Co Ltd (2004–2024)
The table below shows the annual net assets of SZZT Electronics Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.22 Billion | -12.89% |
| 2023-12-31 | CN¥2.55 Billion | +1.44% |
| 2022-12-31 | CN¥2.51 Billion | -17.45% |
| 2021-12-31 | CN¥3.04 Billion | +25.54% |
| 2020-12-31 | CN¥2.42 Billion | +0.70% |
| 2019-12-31 | CN¥2.41 Billion | -0.78% |
| 2018-12-31 | CN¥2.42 Billion | -13.67% |
| 2017-12-31 | CN¥2.81 Billion | +1.29% |
| 2016-12-31 | CN¥2.77 Billion | +122.89% |
| 2015-12-31 | CN¥1.24 Billion | +10.42% |
| 2014-12-31 | CN¥1.13 Billion | +4.29% |
| 2013-12-31 | CN¥1.08 Billion | +99.80% |
| 2012-12-31 | CN¥540.75 Million | +3.33% |
| 2011-12-31 | CN¥523.32 Million | +15.78% |
| 2010-12-31 | CN¥452.00 Million | +6.63% |
| 2009-12-31 | CN¥423.91 Million | +5.64% |
| 2008-12-31 | CN¥401.27 Million | +12.95% |
| 2007-12-31 | CN¥355.26 Million | +318.27% |
| 2006-12-31 | CN¥84.94 Million | +132.45% |
| 2005-12-31 | CN¥36.54 Million | +44.24% |
| 2004-12-31 | CN¥25.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SZZT Electronics Co Ltd'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 12691.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥614.36 Million | 28.58% |
| Other Comprehensive Income | CN¥127.28 Million | 5.92% |
| Other Components | CN¥2.19 Billion | 101.92% |
| Total Equity | CN¥2.15 Billion | 100.00% |
SZZT Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of SZZT Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinxi Axle Co Ltd
SHG:600495
|
$534.28 Million |
|
Nanjing Vazyme Biotech Co Ltd
SHG:688105
|
$534.52 Million |
|
EQUITY BANCSHS A DL -01
F:44X
|
$534.69 Million |
|
AnShan Heavy Duty Mining Machinery Co Ltd
SHE:002667
|
$534.88 Million |
|
COHTF
PINK:COHTF
|
$534.23 Million |
|
Hefei Chipmore Technology Co. Ltd. A
SHG:688352
|
$534.02 Million |
|
SMHGF
PINK:SMHGF
|
$533.97 Million |
|
Mersen SA
PA:MRN
|
$533.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SZZT Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,491,447,241 to 2,149,423,182, a change of -342,024,059 (-13.7%).
- Net loss of 378,942,537 reduced equity.
- Dividend payments of 122,103,584 reduced retained earnings.
- Share repurchases of 9,707,189 reduced equity.
- Other comprehensive income increased equity by 124,389,057.
- Other factors increased equity by 44,340,194.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-378.94 Million | -17.63% |
| Dividends Paid | CN¥122.10 Million | -5.68% |
| Share Repurchases | CN¥9.71 Million | -0.45% |
| Other Comprehensive Income | CN¥124.39 Million | +5.79% |
| Other Changes | CN¥44.34 Million | +2.06% |
| Total Change | CN¥- | -13.73% |
Book Value vs Market Value Analysis
This analysis compares SZZT Electronics Co Ltd'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: 2.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 74.66x to 2.34x 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¥0.11 | CN¥8.23 | x |
| 2005-12-31 | CN¥0.16 | CN¥8.23 | x |
| 2006-12-31 | CN¥0.35 | CN¥8.23 | x |
| 2007-12-31 | CN¥1.41 | CN¥8.23 | x |
| 2008-12-31 | CN¥1.19 | CN¥8.23 | x |
| 2009-12-31 | CN¥1.27 | CN¥8.23 | x |
| 2010-12-31 | CN¥1.34 | CN¥8.23 | x |
| 2011-12-31 | CN¥1.56 | CN¥8.23 | x |
| 2012-12-31 | CN¥1.61 | CN¥8.23 | x |
| 2013-12-31 | CN¥3.07 | CN¥8.23 | x |
| 2014-12-31 | CN¥2.70 | CN¥8.23 | x |
| 2015-12-31 | CN¥2.81 | CN¥8.23 | x |
| 2016-12-31 | CN¥6.03 | CN¥8.23 | x |
| 2017-12-31 | CN¥5.60 | CN¥8.23 | x |
| 2018-12-31 | CN¥5.29 | CN¥8.23 | x |
| 2019-12-31 | CN¥4.72 | CN¥8.23 | x |
| 2020-12-31 | CN¥8.07 | CN¥8.23 | x |
| 2021-12-31 | CN¥5.64 | CN¥8.23 | x |
| 2022-12-31 | CN¥4.11 | CN¥8.23 | x |
| 2023-12-31 | CN¥4.15 | CN¥8.23 | x |
| 2024-12-31 | CN¥3.52 | CN¥8.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SZZT Electronics Co Ltd 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): -17.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.96%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.70x
- Recent ROE (-17.63%) is below the historical average (6.50%), 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 | 21.97% | 9.30% | 1.04x | 2.27x | CN¥2.98 Million |
| 2005 | 29.71% | 12.64% | 1.07x | 2.19x | CN¥6.99 Million |
| 2006 | 41.94% | 18.88% | 1.25x | 1.77x | CN¥25.06 Million |
| 2007 | 12.21% | 17.55% | 0.49x | 1.43x | CN¥7.85 Million |
| 2008 | 16.50% | 15.88% | 0.65x | 1.61x | CN¥25.93 Million |
| 2009 | 9.62% | 7.43% | 0.75x | 1.72x | CN¥-1.60 Million |
| 2010 | 12.10% | 10.46% | 0.57x | 2.02x | CN¥9.51 Million |
| 2011 | 13.61% | 10.56% | 0.64x | 2.03x | CN¥18.99 Million |
| 2012 | 7.78% | 7.22% | 0.52x | 2.09x | CN¥-12.02 Million |
| 2013 | 5.09% | 6.97% | 0.48x | 1.53x | CN¥-53.14 Million |
| 2014 | 5.55% | 6.49% | 0.50x | 1.72x | CN¥-50.22 Million |
| 2015 | 6.77% | 7.24% | 0.38x | 2.44x | CN¥-38.88 Million |
| 2016 | 1.99% | 3.03% | 0.38x | 1.74x | CN¥-218.98 Million |
| 2017 | 1.56% | 2.56% | 0.32x | 1.92x | CN¥-233.59 Million |
| 2018 | -10.02% | -18.10% | 0.25x | 2.17x | CN¥-481.95 Million |
| 2019 | 0.63% | 1.13% | 0.22x | 2.50x | CN¥-224.23 Million |
| 2020 | 0.48% | 0.87% | 0.20x | 2.69x | CN¥-230.15 Million |
| 2021 | 1.02% | 2.47% | 0.19x | 2.14x | CN¥-273.74 Million |
| 2022 | -21.55% | -44.39% | 0.20x | 2.37x | CN¥-795.91 Million |
| 2023 | -2.89% | -5.53% | 0.20x | 2.62x | CN¥-321.18 Million |
| 2024 | -17.63% | -40.96% | 0.16x | 2.70x | CN¥-593.88 Million |
Industry Comparison
This section compares SZZT Electronics Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,442,331,898
- Average return on equity (ROE) among peers: 7.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SZZT Electronics Co Ltd (002197) | CN¥2.15 Billion | 21.97% | 1.65x | $534.28 Million |
| ZJBC Information Technology Co Ltd (000889) | $2.34 Billion | 0.86% | 0.59x | $286.23 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $544.17 Million | 2.19% | 1.16x | $554.08 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $675.52 Million |
| Shanghai HiTech Control System (002184) | $597.99 Million | 8.70% | 0.45x | $320.48 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.36 Billion |
| Taiji Computer Corp Ltd (002368) | $3.42 Billion | 9.80% | 2.11x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $118.90 Million | 16.46% | 0.87x | $668.47 Million |
| Ronglian Group Ltd (002642) | $2.63 Billion | 1.35% | 0.41x | $574.03 Million |