Shenzhen Comix Group Co Ltd
Shenzhen Comix Group Co., Ltd. manufactures and sells office supplies in China and internationally. It provides filing products, desktop stationery, office equipment and accessories, writing instruments, paper products, conference and presentation, adhesive products, and office life products. The company was formerly known as Shenzhen Comix Stationery Co., Ltd. and changed its name to Shenzhen Co… Read more
Shenzhen Comix Group Co Ltd (002301) - Net Assets
Latest net assets as of June 2025: CN¥3.09 Billion CNY
Based on the latest financial reports, Shenzhen Comix Group Co Ltd (002301) has net assets worth CN¥3.09 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.56 Billion) and total liabilities (CN¥5.46 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¥3.09 Billion |
| % of Total Assets | 36.17% |
| Annual Growth Rate | 18.68% |
| 5-Year Change | -11.55% |
| 10-Year Change | 167.94% |
| Growth Volatility | 55.68 |
Shenzhen Comix Group Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shenzhen Comix Group 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 Shenzhen Comix Group Co Ltd (2006–2024)
The table below shows the annual net assets of Shenzhen Comix Group Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.07 Billion | -1.29% |
| 2023-12-31 | CN¥3.11 Billion | +1.07% |
| 2022-12-31 | CN¥3.08 Billion | +7.10% |
| 2021-12-31 | CN¥2.87 Billion | -17.22% |
| 2020-12-31 | CN¥3.47 Billion | +3.36% |
| 2019-12-31 | CN¥3.36 Billion | +33.60% |
| 2018-12-31 | CN¥2.51 Billion | +2.56% |
| 2017-12-31 | CN¥2.45 Billion | +95.80% |
| 2016-12-31 | CN¥1.25 Billion | +9.25% |
| 2015-12-31 | CN¥1.15 Billion | +1.26% |
| 2014-12-31 | CN¥1.13 Billion | -0.14% |
| 2013-12-31 | CN¥1.13 Billion | +1.07% |
| 2012-12-31 | CN¥1.12 Billion | +3.85% |
| 2011-12-31 | CN¥1.08 Billion | +10.77% |
| 2010-12-31 | CN¥974.48 Million | +1.28% |
| 2009-12-31 | CN¥962.21 Million | +222.28% |
| 2008-12-31 | CN¥298.56 Million | +12.25% |
| 2007-12-31 | CN¥265.98 Million | +89.10% |
| 2006-12-31 | CN¥140.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Comix Group 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 1103.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥427.94 Million | 13.91% |
| Common Stock | CN¥721.31 Million | 23.45% |
| Other Comprehensive Income | CN¥-15.50 Million | -0.50% |
| Other Components | CN¥1.94 Billion | 63.14% |
| Total Equity | CN¥3.08 Billion | 100.00% |
Shenzhen Comix Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Comix Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Welspun Living Limited
NSE:WELSPUNLIV
|
$388.93 Million |
|
StarHub Ltd
F:RYTB
|
$388.98 Million |
|
São Martinho S.A
SA:SMTO3
|
$389.11 Million |
|
Prudent Corporate Advisory Services Limited
NSE:PRUDENT
|
$389.11 Million |
|
Ic Enterra Yenilenebilir Enerji As
IS:ENTRA
|
$388.72 Million |
|
Phenix Optical Co Ltd
SHG:600071
|
$388.69 Million |
|
Greatech Technology Bhd
KLSE:0208
|
$388.67 Million |
|
Einhell Germany AG
F:EIN
|
$388.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Comix Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,106,962,595 to 3,076,213,172, a change of -30,749,423 (-1.0%).
- Net income of 62,821,994 contributed positively to equity growth.
- Dividend payments of 88,118,305 reduced retained earnings.
- Share repurchases of 50,503,321 reduced equity.
- Other comprehensive income increased equity by 74,728,014.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥62.82 Million | +2.04% |
| Dividends Paid | CN¥88.12 Million | -2.86% |
| Share Repurchases | CN¥50.50 Million | -1.64% |
| Other Comprehensive Income | CN¥74.73 Million | +2.43% |
| Other Changes | CN¥-29.68 Million | -0.96% |
| Total Change | CN¥- | -0.99% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Comix Group 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: 1.65x
- 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 19.83x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.37 | CN¥7.27 | x |
| 2007-12-31 | CN¥0.63 | CN¥7.27 | x |
| 2008-12-31 | CN¥0.70 | CN¥7.27 | x |
| 2009-12-31 | CN¥2.16 | CN¥7.27 | x |
| 2010-12-31 | CN¥1.72 | CN¥7.27 | x |
| 2011-12-31 | CN¥1.83 | CN¥7.27 | x |
| 2012-12-31 | CN¥1.92 | CN¥7.27 | x |
| 2013-12-31 | CN¥1.91 | CN¥7.27 | x |
| 2014-12-31 | CN¥2.07 | CN¥7.27 | x |
| 2015-12-31 | CN¥1.91 | CN¥7.27 | x |
| 2016-12-31 | CN¥2.20 | CN¥7.27 | x |
| 2017-12-31 | CN¥3.82 | CN¥7.27 | x |
| 2018-12-31 | CN¥3.93 | CN¥7.27 | x |
| 2019-12-31 | CN¥5.10 | CN¥7.27 | x |
| 2020-12-31 | CN¥4.89 | CN¥7.27 | x |
| 2021-12-31 | CN¥4.04 | CN¥7.27 | x |
| 2022-12-31 | CN¥4.33 | CN¥7.27 | x |
| 2023-12-31 | CN¥4.44 | CN¥7.27 | x |
| 2024-12-31 | CN¥4.41 | CN¥7.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Comix Group 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.55%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 2.60x
- Recent ROE (2.04%) is below the historical average (6.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.42% | 7.60% | 1.53x | 1.93x | CN¥14.94 Million |
| 2007 | 21.98% | 10.44% | 1.22x | 1.73x | CN¥29.09 Million |
| 2008 | 20.11% | 9.27% | 1.31x | 1.65x | CN¥29.58 Million |
| 2009 | 7.56% | 10.02% | 0.63x | 1.20x | CN¥-23.19 Million |
| 2010 | 5.24% | 5.55% | 0.72x | 1.31x | CN¥-45.84 Million |
| 2011 | 6.18% | 5.86% | 0.80x | 1.32x | CN¥-40.83 Million |
| 2012 | 6.26% | 4.79% | 0.93x | 1.41x | CN¥-41.90 Million |
| 2013 | 2.44% | 1.65% | 0.94x | 1.57x | CN¥-85.54 Million |
| 2014 | 2.57% | 1.78% | 0.85x | 1.70x | CN¥-83.90 Million |
| 2015 | 1.75% | 1.25% | 0.65x | 2.16x | CN¥-93.22 Million |
| 2016 | 8.50% | 3.66% | 0.75x | 3.08x | CN¥-18.49 Million |
| 2017 | 5.76% | 4.40% | 0.68x | 1.94x | CN¥-103.08 Million |
| 2018 | 7.63% | 4.52% | 0.60x | 2.80x | CN¥-59.55 Million |
| 2019 | 6.86% | 3.85% | 0.76x | 2.35x | CN¥-105.50 Million |
| 2020 | 5.79% | 2.51% | 0.88x | 2.62x | CN¥-146.24 Million |
| 2021 | -19.68% | -6.86% | 0.93x | 3.07x | CN¥-852.35 Million |
| 2022 | 4.14% | 1.47% | 1.11x | 2.54x | CN¥-179.62 Million |
| 2023 | 2.48% | 0.69% | 1.34x | 2.66x | CN¥-233.79 Million |
| 2024 | 2.04% | 0.55% | 1.43x | 2.60x | CN¥-244.80 Million |
Industry Comparison
This section compares Shenzhen Comix Group Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $2,197,728,956
- Average return on equity (ROE) among peers: -9.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Comix Group Co Ltd (002301) | CN¥3.09 Billion | 22.42% | 1.76x | $388.88 Million |
| Shaanxi Fenghuo Electronics Co Ltd (000561) | $198.10 Million | -149.80% | 6.60x | $733.63 Million |
| Guangbo Group Stock Co Ltd (002103) | $1.63 Billion | 5.06% | 0.32x | $325.29 Million |
| Hengbao Co Ltd (002104) | $1.88 Billion | 8.65% | 0.16x | $1.33 Billion |
| GRG Banking Equipment Co Ltd (002152) | $9.48 Billion | 9.48% | 0.34x | $2.00 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $1.24 Billion | 7.58% | 0.20x | $799.98 Million |
| Shandong New Beiyang Information Technology Co Ltd (002376) | $4.14 Billion | 1.17% | 0.32x | $606.96 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $566.62 Million | 6.12% | 0.21x | $86.19 Million |
| Wuhan Tianyu Info Industry (300205) | $230.23 Million | 22.64% | 1.53x | $174.42 Million |
| Shandong Synthesis Electronic Technology Co Ltd (300479) | $407.81 Million | 5.05% | 0.25x | $383.73 Million |