Shenzhen Keybridge Communications Co Ltd (002316) - Net Assets
Based on the latest financial reports, Shenzhen Keybridge Communications Co Ltd (002316) has net assets worth CN¥117.22 Million CNY (≈ $17.15 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¥742.52 Million ≈ $108.65 Million USD) and total liabilities (CN¥625.30 Million ≈ $91.50 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 Keybridge Communications Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥117.22 Million |
| % of Total Assets | 15.79% |
| Annual Growth Rate | -0.67% |
| 5-Year Change | -67.95% |
| 10-Year Change | -87.37% |
| Growth Volatility | 172.68 |
Shenzhen Keybridge Communications Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shenzhen Keybridge Communications Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002316 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Keybridge Communications Co Ltd (2006–2024)
The table below shows the annual net assets of Shenzhen Keybridge Communications Co Ltd from 2006 to 2024. For live valuation and market cap data, see market value of Shenzhen Keybridge Communications Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥108.65 Million ≈ $15.90 Million |
+29.47% |
| 2023-12-31 | CN¥83.92 Million ≈ $12.28 Million |
+37.18% |
| 2022-12-31 | CN¥61.18 Million ≈ $8.95 Million |
+703.05% |
| 2021-12-31 | CN¥7.62 Million ≈ $1.11 Million |
-97.75% |
| 2020-12-31 | CN¥339.00 Million ≈ $49.61 Million |
-61.88% |
| 2019-12-31 | CN¥889.23 Million ≈ $130.12 Million |
-3.06% |
| 2018-12-31 | CN¥917.29 Million ≈ $134.23 Million |
-14.57% |
| 2017-12-31 | CN¥1.07 Billion ≈ $157.12 Million |
+25.93% |
| 2016-12-31 | CN¥852.67 Million ≈ $124.77 Million |
-0.85% |
| 2015-12-31 | CN¥859.99 Million ≈ $125.84 Million |
+2.72% |
| 2014-12-31 | CN¥837.23 Million ≈ $122.51 Million |
+3.84% |
| 2013-12-31 | CN¥806.30 Million ≈ $117.99 Million |
-5.20% |
| 2012-12-31 | CN¥850.55 Million ≈ $124.46 Million |
+4.33% |
| 2011-12-31 | CN¥815.28 Million ≈ $119.30 Million |
+2.55% |
| 2010-12-31 | CN¥794.99 Million ≈ $116.33 Million |
+4.65% |
| 2009-12-31 | CN¥759.66 Million ≈ $111.16 Million |
+274.91% |
| 2008-12-31 | CN¥202.63 Million ≈ $29.65 Million |
+23.10% |
| 2007-12-31 | CN¥164.60 Million ≈ $24.09 Million |
+34.30% |
| 2006-12-31 | CN¥122.57 Million ≈ $17.94 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Keybridge Communications 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 3820.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥393.12 Million | 561.23% |
| Other Comprehensive Income | CN¥285.45 Million | 407.52% |
| Other Components | CN¥176.91 Million | 252.56% |
| Total Equity | CN¥70.05 Million | 100.00% |
Shenzhen Keybridge Communications Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Keybridge Communications Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TECHPOINT INC. JDR/1
F:R46
|
$318.93 Million |
|
Quess Corp Limited
NSE:QUESS
|
$318.97 Million |
|
8x8 Inc Common Stock
NASDAQ:EGHT
|
$319.04 Million |
|
New Providence Acquisition Corp. III Class A Ordinary Shares
NASDAQ:NPAC
|
$319.06 Million |
|
Sichuan Tianwei Electronic Co Ltd
SHG:688511
|
$318.55 Million |
|
BIG TECHNOLOGIES LS-10
F:7I8
|
$318.53 Million |
|
Orion Engineered Carbons SA
F:0OE
|
$318.41 Million |
|
Myer Holdings Ltd
AU:MYR
|
$318.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Keybridge Communications Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,841,859 to 70,046,596, a change of 8,204,737 (13.3%).
- Net income of 9,955,517 contributed positively to equity growth.
- Dividend payments of 444,440 reduced retained earnings.
- Other comprehensive income increased equity by 285,453,427.
- Other factors decreased equity by 286,759,767.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.96 Million | +14.21% |
| Dividends Paid | CN¥444.44K | -0.63% |
| Other Comprehensive Income | CN¥285.45 Million | +407.52% |
| Other Changes | CN¥-286.76 Million | -409.38% |
| Total Change | CN¥- | 13.27% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Keybridge Communications 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: 31.12x
- 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 increased from 13.30x to 31.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.42 | CN¥5.54 | x |
| 2007-12-31 | CN¥0.56 | CN¥5.54 | x |
| 2008-12-31 | CN¥0.68 | CN¥5.54 | x |
| 2009-12-31 | CN¥2.55 | CN¥5.54 | x |
| 2010-12-31 | CN¥2.05 | CN¥5.54 | x |
| 2011-12-31 | CN¥2.06 | CN¥5.54 | x |
| 2012-12-31 | CN¥2.10 | CN¥5.54 | x |
| 2013-12-31 | CN¥2.07 | CN¥5.54 | x |
| 2014-12-31 | CN¥2.18 | CN¥5.54 | x |
| 2015-12-31 | CN¥2.19 | CN¥5.54 | x |
| 2016-12-31 | CN¥2.20 | CN¥5.54 | x |
| 2017-12-31 | CN¥2.12 | CN¥5.54 | x |
| 2018-12-31 | CN¥2.24 | CN¥5.54 | x |
| 2019-12-31 | CN¥1.83 | CN¥5.54 | x |
| 2020-12-31 | CN¥0.60 | CN¥5.54 | x |
| 2021-12-31 | CN¥-0.15 | CN¥5.54 | x |
| 2022-12-31 | CN¥0.14 | CN¥5.54 | x |
| 2023-12-31 | CN¥0.16 | CN¥5.54 | x |
| 2024-12-31 | CN¥0.18 | CN¥5.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Keybridge Communications 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): 14.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.64%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 11.61x
- Recent ROE (14.21%) is above the historical average (-14.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 30.78% | 24.31% | 0.66x | 1.91x | CN¥25.46 Million |
| 2007 | 25.54% | 24.04% | 0.65x | 1.63x | CN¥25.58 Million |
| 2008 | 18.76% | 23.63% | 0.54x | 1.48x | CN¥17.76 Million |
| 2009 | 3.74% | 18.06% | 0.17x | 1.21x | CN¥-47.54 Million |
| 2010 | 5.10% | 15.22% | 0.23x | 1.45x | CN¥-38.61 Million |
| 2011 | 4.12% | 9.48% | 0.28x | 1.57x | CN¥-47.84 Million |
| 2012 | 5.11% | 9.37% | 0.28x | 1.93x | CN¥-41.38 Million |
| 2013 | -3.87% | -4.94% | 0.32x | 2.42x | CN¥-111.56 Million |
| 2014 | 2.29% | 3.67% | 0.27x | 2.31x | CN¥-63.99 Million |
| 2015 | 2.89% | 2.93% | 0.43x | 2.28x | CN¥-61.06 Million |
| 2016 | 0.30% | 0.36% | 0.34x | 2.44x | CN¥-83.38 Million |
| 2017 | -2.92% | -2.35% | 0.34x | 3.66x | CN¥-107.67 Million |
| 2018 | 11.37% | 2.54% | 1.24x | 3.60x | CN¥12.07 Million |
| 2019 | -3.72% | -0.64% | 1.37x | 4.26x | CN¥-98.84 Million |
| 2020 | -241.71% | -17.49% | 1.32x | 10.49x | CN¥-597.40 Million |
| 2021 | 0.00% | -15.77% | 0.93x | 0.00x | CN¥-302.47 Million |
| 2022 | -124.22% | -4.17% | 1.82x | 16.32x | CN¥-74.71 Million |
| 2023 | -32.35% | -3.32% | 0.77x | 12.62x | CN¥-26.19 Million |
| 2024 | 14.21% | 1.64% | 0.75x | 11.61x | CN¥2.95 Million |
Industry Comparison
This section compares Shenzhen Keybridge Communications Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Keybridge Communications Co Ltd (002316) | CN¥117.22 Million | 30.78% | 5.33x | $318.69 Million |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 Billion |
About Shenzhen Keybridge Communications Co Ltd
Jilin Asia Link Technology Development Co.,Ltd. provides private network communication solutions in China and internationally. It is also involved in the research and development, and service provision of software and hardware products; and agriculture and animal husbandry business. The company was formerly known as Shenzhen Keybridge Communications Co.,Ltd. The company was founded in 1999 and is… Read more