Shenzhen Terca Technology Co Ltd (002213) - Net Assets

Latest as of September 2025: CN¥559.42 Million CNY ≈ $81.86 Million USD

Based on the latest financial reports, Shenzhen Terca Technology Co Ltd (002213) has net assets worth CN¥559.42 Million CNY (≈ $81.86 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¥696.61 Million ≈ $101.94 Million USD) and total liabilities (CN¥137.20 Million ≈ $20.08 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 (002213) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥559.42 Million
% of Total Assets	80.31%
Annual Growth Rate	13.74%
5-Year Change	41.83%
10-Year Change	62.89%
Growth Volatility	30.63

Shenzhen Terca Technology Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Shenzhen Terca Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Terca Technology Co Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Shenzhen Terca Technology Co Ltd (2004–2024)

The table below shows the annual net assets of Shenzhen Terca Technology Co Ltd from 2004 to 2024. For live valuation and market cap data, see 002213 stock market capitalisation.

Year	Net Assets	Change
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 grown by 50.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥41.02 Million	7.26%
Common Stock	CN¥237.16 Million	41.96%
Other Comprehensive Income	CN¥10.33 Million	1.83%
Other Components	CN¥276.68 Million	48.95%
Total Equity	CN¥565.19 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
AnShan Heavy Duty Mining Machinery Co Ltd SHE:002667	$1.30 Billion
OC Oerlikon Corp AG SW:OERL	$1.30 Billion
Cosmoam&T KO:005070	$1.30 Billion
Borusan Yatirim ve Pazarlama AS IS:BRYAT	$1.30 Billion
East China Engineering Science and Technology Co Ltd SHE:002140	$1.30 Billion
Yantai Changyu Pioneer Wine Co Ltd SHE:000869	$1.30 Billion
Siam City Cement Public Company Limited BK:SCCC	$1.30 Billion
Yihai International Holding Ltd F:YIR	$1.30 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 2023 to 2024, total equity changed from 607,355,562 to 565,185,541, a change of -42,170,021 (-6.9%).
Net loss of 48,407,047 reduced equity.
Dividend payments of 2,201,518 reduced retained earnings.
Other comprehensive income increased equity by 4,517,737.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-48.41 Million	-8.56%
Dividends Paid	CN¥2.20 Million	-0.39%
Other Comprehensive Income	CN¥4.52 Million	+0.8%
Other Changes	CN¥3.92 Million	+0.69%
Total Change	CN¥-	-6.94%

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: 15.58x
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 17.21x to 15.58x 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¥37.30	x
2005-12-31	CN¥3.18	CN¥37.30	x
2006-12-31	CN¥0.53	CN¥37.30	x
2007-12-31	CN¥0.68	CN¥37.30	x
2008-12-31	CN¥1.15	CN¥37.30	x
2009-12-31	CN¥1.23	CN¥37.30	x
2010-12-31	CN¥1.37	CN¥37.30	x
2011-12-31	CN¥1.42	CN¥37.30	x
2012-12-31	CN¥1.54	CN¥37.30	x
2013-12-31	CN¥1.59	CN¥37.30	x
2014-12-31	CN¥1.69	CN¥37.30	x
2015-12-31	CN¥1.60	CN¥37.30	x
2016-12-31	CN¥1.74	CN¥37.30	x
2017-12-31	CN¥1.77	CN¥37.30	x
2018-12-31	CN¥1.79	CN¥37.30	x
2019-12-31	CN¥1.79	CN¥37.30	x
2020-12-31	CN¥1.83	CN¥37.30	x
2021-12-31	CN¥1.68	CN¥37.30	x
2022-12-31	CN¥2.85	CN¥37.30	x
2023-12-31	CN¥2.57	CN¥37.30	x
2024-12-31	CN¥2.39	CN¥37.30	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): -8.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -4.62%
• Asset Turnover: 1.34x
• Equity Multiplier: 1.38x
Recent ROE (-8.56%) is below the historical average (8.96%), 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	2.56%	7.91%	0.27x	1.18x	CN¥-27.16 Million
2018	0.32%	0.96%	0.29x	1.17x	CN¥-35.45 Million
2019	0.64%	1.26%	0.41x	1.26x	CN¥-34.44 Million
2020	3.64%	3.54%	0.76x	1.35x	CN¥-24.00 Million
2021	4.46%	1.81%	1.19x	2.08x	CN¥-19.20 Million
2022	3.42%	2.75%	1.04x	1.20x	CN¥-44.19 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

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: $2,600,803,038
Average return on equity (ROE) among peers: 8.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shenzhen Terca Technology Co Ltd (002213)	CN¥559.42 Million	41.06%	0.25x	$1.30 Billion
FAWER Automotive Parts Ltd Co (000030)	$8.51 Billion	9.89%	0.75x	$1.25 Billion
Wanxiang Qianchao Co Ltd (000559)	$9.35 Billion	10.17%	1.39x	$7.81 Billion
Weifu High-Technology Group Co Ltd (000581)	$2.63 Billion	8.78%	0.95x	$2.27 Billion
Gui Zhou Tyre Co Ltd (000589)	$798.46 Million	1.49%	1.70x	$1.14 Billion
Qingdao Doublestar Co Ltd (000599)	$671.47 Million	7.81%	1.44x	$712.32 Million
Hengli Industrial Development Group Co Ltd (000622)	$262.35 Million	3.86%	0.64x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$1.05 Billion	-7.53%	1.24x	$782.86 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$941.64 Million	8.22%	0.72x	$1.62 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$1.65 Billion	8.43%	0.86x	$381.19 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$146.05 Million	29.40%	2.09x	$3.35 Billion

About Shenzhen Terca Technology Co Ltd

SHE:002213 China Auto Parts

Market Cap

$1.30 Billion

CN¥8.86 Billion CNY

Market Cap Rank

#7993 Global

#1999 in China

Share Price

CN¥37.30

Change (1 day)

+0.78%

52-Week Range

CN¥13.81 - CN¥38.34

All Time High

CN¥38.34