Shenzhen Terca Technology Co Ltd (002213) - Net Assets
Based on the latest financial reports, Shenzhen Terca Technology Co Ltd (002213) has net assets worth CN¥551.76 Million CNY (≈ $80.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥947.40 Million ≈ $138.63 Million USD) and total liabilities (CN¥395.65 Million ≈ $57.90 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 Terca Technology Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥551.76 Million |
| % of Total Assets | 58.24% |
| Annual Growth Rate | 12.8% |
| 5-Year Change | 42.58% |
| 10-Year Change | 52.18% |
| Growth Volatility | 30.23 |
Shenzhen Terca Technology Co Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Shenzhen Terca Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Shenzhen Terca Technology Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Terca Technology Co Ltd (2004–2025)
The table below shows the annual net assets of Shenzhen Terca Technology Co Ltd from 2004 to 2025. For live valuation and market cap data, see 002213 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥544.68 Million ≈ $79.70 Million |
-4.44% |
| 2024-12-31 | CN¥570.01 Million ≈ $83.41 Million |
-7.23% |
| 2023-12-31 | CN¥614.43 Million ≈ $89.91 Million |
-9.83% |
| 2022-12-31 | CN¥681.38 Million ≈ $99.71 Million |
+78.36% |
| 2021-12-31 | CN¥382.02 Million ≈ $55.90 Million |
-4.95% |
| 2020-12-31 | CN¥401.91 Million ≈ $58.81 Million |
+7.29% |
| 2019-12-31 | CN¥374.61 Million ≈ $54.82 Million |
+1.61% |
| 2018-12-31 | CN¥368.65 Million ≈ $53.95 Million |
+0.94% |
| 2017-12-31 | CN¥365.22 Million ≈ $53.44 Million |
+2.04% |
| 2016-12-31 | CN¥357.93 Million ≈ $52.38 Million |
+2.28% |
| 2015-12-31 | CN¥349.94 Million ≈ $51.21 Million |
+2.29% |
| 2014-12-31 | CN¥342.11 Million ≈ $50.06 Million |
+1.00% |
| 2013-12-31 | CN¥338.71 Million ≈ $49.56 Million |
+5.38% |
| 2012-12-31 | CN¥321.41 Million ≈ $47.03 Million |
+6.98% |
| 2011-12-31 | CN¥300.44 Million ≈ $43.96 Million |
+8.68% |
| 2010-12-31 | CN¥276.44 Million ≈ $40.45 Million |
+12.21% |
| 2009-12-31 | CN¥246.37 Million ≈ $36.05 Million |
+7.75% |
| 2008-12-31 | CN¥228.65 Million ≈ $33.46 Million |
+117.84% |
| 2007-12-31 | CN¥104.97 Million ≈ $15.36 Million |
+29.51% |
| 2006-12-31 | CN¥81.05 Million ≈ $11.86 Million |
+27.52% |
| 2005-12-31 | CN¥63.56 Million ≈ $9.30 Million |
+46.30% |
| 2004-12-31 | CN¥43.44 Million ≈ $6.36 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Terca Technology 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 25.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥20.42 Million | 3.75% |
| Common Stock | CN¥237.48 Million | 43.61% |
| Other Comprehensive Income | CN¥-1.54 Million | -0.28% |
| Other Components | CN¥288.17 Million | 52.92% |
| Total Equity | CN¥544.53 Million | 100.00% |
Shenzhen Terca Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Terca Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Land and Houses Public Company Limited
BK:LH
|
$1.39 Billion |
|
Golden Ocean Group Limited
F:KT31
|
$1.39 Billion |
|
Chacha Food Co Ltd
SHE:002557
|
$1.39 Billion |
|
Befesa SA
XETRA:BFSA
|
$1.39 Billion |
|
Kernel Holding SA
F:0KE
|
$1.39 Billion |
|
CLEARWAY ENERGY A NDL-01
F:NY4B
|
$1.39 Billion |
|
Zhejiang Merit Interactive Network Technology Co Ltd Class A
SHE:300766
|
$1.39 Billion |
|
Interroll Holding AG
SW:INRN
|
$1.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Terca Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 565,185,541 to 544,530,224, a change of -20,655,317 (-3.7%).
- Net loss of 15,621,780 reduced equity.
- Dividend payments of 4,986,094 reduced retained earnings.
- Other comprehensive income decreased equity by 11,864,906.
- Other factors increased equity by 11,817,463.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-15.62 Million | -2.87% |
| Dividends Paid | CN¥4.99 Million | -0.92% |
| Other Comprehensive Income | CN¥-11.86 Million | -2.18% |
| Other Changes | CN¥11.82 Million | +2.17% |
| Total Change | CN¥- | -3.65% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Terca Technology 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: 17.42x
- 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 18.49x to 17.42x 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¥2.17 | CN¥40.07 | x |
| 2005-12-31 | CN¥3.18 | CN¥40.07 | x |
| 2006-12-31 | CN¥0.53 | CN¥40.07 | x |
| 2007-12-31 | CN¥0.68 | CN¥40.07 | x |
| 2008-12-31 | CN¥1.15 | CN¥40.07 | x |
| 2009-12-31 | CN¥1.23 | CN¥40.07 | x |
| 2010-12-31 | CN¥1.37 | CN¥40.07 | x |
| 2011-12-31 | CN¥1.42 | CN¥40.07 | x |
| 2012-12-31 | CN¥1.56 | CN¥40.07 | x |
| 2013-12-31 | CN¥1.59 | CN¥40.07 | x |
| 2014-12-31 | CN¥1.69 | CN¥40.07 | x |
| 2015-12-31 | CN¥1.60 | CN¥40.07 | x |
| 2016-12-31 | CN¥1.74 | CN¥40.07 | x |
| 2017-12-31 | CN¥1.77 | CN¥40.07 | x |
| 2018-12-31 | CN¥1.77 | CN¥40.07 | x |
| 2019-12-31 | CN¥1.79 | CN¥40.07 | x |
| 2020-12-31 | CN¥1.83 | CN¥40.07 | x |
| 2021-12-31 | CN¥1.68 | CN¥40.07 | x |
| 2022-12-31 | CN¥3.26 | CN¥40.07 | x |
| 2023-12-31 | CN¥2.57 | CN¥40.07 | x |
| 2024-12-31 | CN¥2.39 | CN¥40.07 | x |
| 2025-12-31 | CN¥2.30 | CN¥40.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Terca Technology 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): -2.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.28%
- • Asset Turnover: 1.73x
- • Equity Multiplier: 1.30x
- Recent ROE (-2.87%) is below the historical average (8.31%), 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 | 41.06% | 19.34% | 1.15x | 1.85x | CN¥13.50 Million |
| 2005 | 31.65% | 19.24% | 1.00x | 1.65x | CN¥13.76 Million |
| 2006 | 21.58% | 15.33% | 0.78x | 1.80x | CN¥9.39 Million |
| 2007 | 22.79% | 17.62% | 0.64x | 2.01x | CN¥13.42 Million |
| 2008 | 10.84% | 16.17% | 0.50x | 1.34x | CN¥1.92 Million |
| 2009 | 11.37% | 16.87% | 0.49x | 1.36x | CN¥3.38 Million |
| 2010 | 14.60% | 15.70% | 0.65x | 1.42x | CN¥12.73 Million |
| 2011 | 11.27% | 12.19% | 0.65x | 1.42x | CN¥3.82 Million |
| 2012 | 9.75% | 11.08% | 0.66x | 1.32x | CN¥-805.86K |
| 2013 | 8.17% | 8.44% | 0.73x | 1.32x | CN¥-6.20 Million |
| 2014 | 4.15% | 5.44% | 0.56x | 1.36x | CN¥-20.00 Million |
| 2015 | 3.12% | 5.81% | 0.43x | 1.26x | CN¥-24.07 Million |
| 2016 | 2.23% | 5.30% | 0.34x | 1.23x | CN¥-27.81 Million |
| 2017 | 2.77% | 8.56% | 0.27x | 1.18x | CN¥-26.39 Million |
| 2018 | 0.29% | 0.85% | 0.29x | 1.17x | CN¥-35.58 Million |
| 2019 | 0.43% | 0.85% | 0.41x | 1.26x | CN¥-35.20 Million |
| 2020 | 2.39% | 2.32% | 0.76x | 1.35x | CN¥-28.71 Million |
| 2021 | 4.46% | 1.81% | 1.19x | 2.08x | CN¥-19.20 Million |
| 2022 | 2.38% | 1.91% | 1.04x | 1.20x | CN¥-51.22 Million |
| 2023 | -10.97% | -9.09% | 1.00x | 1.20x | CN¥-127.36 Million |
| 2024 | -8.56% | -4.62% | 1.34x | 1.38x | CN¥-104.93 Million |
| 2025 | -2.87% | -1.28% | 1.73x | 1.30x | CN¥-70.07 Million |
Industry Comparison
This section compares Shenzhen Terca Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,624,800,266
- Average return on equity (ROE) among peers: 519.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Terca Technology Co Ltd (002213) | CN¥551.76 Million | 41.06% | 0.72x | $1.39 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $-1.65 Million | 0.00% | 0.00x | $1.04 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.92 Billion | 9.07% | 1.15x | $6.67 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $1.19 Billion | 8.97% | 0.42x | $2.03 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $2.38 Billion | 7.28% | 2.18x | $966.83 Million |
| Qingdao Doublestar Co Ltd (000599) | $1.56 Billion | 1.77% | 2.12x | $1.55 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $153.38 Million | 0.00% | 1.11x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $473.93 Million | 2.82% | 0.64x | $653.72 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $1.20 Billion | 6.30% | 2.26x | $2.08 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $7.93 Million | 5157.51% | 58.54x | $285.31 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $361.12 Million | -1.54% | 0.62x | $4.21 Billion |
About Shenzhen Terca Technology Co Ltd
Shenzhen Dawei Innovation Technology Co., Ltd. engages in the manufacturing of automobiles, semiconductor storage, new energy, smart terminals business in China. The company offers smart terminal products in the fields of communication equipment and accessories, computers, and other electronic equipment; and car retarders under the Teerjia brand name. It also provides new energy special vehicles;… Read more