Shandong Yabo Technology Co Ltd
Shandong Yabo Technology Co., Ltd engages in the design, research, and development of new materials for metal roof and wall enclosure systems. It is involved in the software development; installation and commissioning of photovoltaic distributed power station systems; construction engineering design and consulting; and wholesale of metal plates and supporting materials, hardware products, and pho… Read more
Shandong Yabo Technology Co Ltd (002323) - Net Assets
Latest net assets as of September 2025: CN¥349.20 Million CNY
Based on the latest financial reports, Shandong Yabo Technology Co Ltd (002323) has net assets worth CN¥349.20 Million 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¥960.17 Million) and total liabilities (CN¥610.97 Million). 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¥349.20 Million |
| % of Total Assets | 36.37% |
| Annual Growth Rate | 9.73% |
| 5-Year Change | 639.31% |
| 10-Year Change | -0.87% |
| Growth Volatility | 256.25 |
Shandong Yabo Technology Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shandong Yabo Technology 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 Shandong Yabo Technology Co Ltd (2006–2024)
The table below shows the annual net assets of Shandong Yabo Technology Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥409.54 Million | -33.97% |
| 2023-12-31 | CN¥620.21 Million | -6.92% |
| 2022-12-31 | CN¥666.34 Million | +4.60% |
| 2021-12-31 | CN¥637.06 Million | +1050.03% |
| 2020-12-31 | CN¥55.40 Million | -28.91% |
| 2019-12-31 | CN¥77.93 Million | -78.93% |
| 2018-12-31 | CN¥369.89 Million | -56.78% |
| 2017-12-31 | CN¥855.77 Million | +38.33% |
| 2016-12-31 | CN¥618.63 Million | +49.74% |
| 2015-12-31 | CN¥413.14 Million | -51.56% |
| 2014-12-31 | CN¥852.90 Million | -0.42% |
| 2013-12-31 | CN¥856.49 Million | -0.43% |
| 2012-12-31 | CN¥860.15 Million | -0.93% |
| 2011-12-31 | CN¥868.18 Million | +3.27% |
| 2010-12-31 | CN¥840.71 Million | +0.47% |
| 2009-12-31 | CN¥836.80 Million | +404.23% |
| 2008-12-31 | CN¥165.96 Million | +53.99% |
| 2007-12-31 | CN¥107.77 Million | +39.91% |
| 2006-12-31 | CN¥77.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Yabo 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 3429.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.50 Billion | 364.85% |
| Other Comprehensive Income | CN¥52.83 Million | 12.89% |
| Other Components | CN¥289.96 Million | 70.75% |
| Total Equity | CN¥409.84 Million | 100.00% |
Shandong Yabo Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Yabo Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
$303.79 Million |
|
Wuhan Langold Real Estate Co Ltd
SHE:002305
|
$303.81 Million |
|
Wereldhav B-Sicafi
BR:WEHB
|
$304.03 Million |
|
Nippon Sheet Glass Company Limited
PINK:NPSGF
|
$304.08 Million |
|
NOTE AB
ST:NOTE
|
$303.76 Million |
|
Shenzhen Longli Technology Co Ltd Class A
SHE:300752
|
$303.76 Million |
|
Liuzhou Iron & Steel Co Ltd
SHG:601003
|
$303.74 Million |
|
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)
NEO:VRNO
|
$303.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Yabo Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 620,065,808 to 409,841,954, a change of -210,223,854 (-33.9%).
- Net loss of 201,046,092 reduced equity.
- Dividend payments of 4,341,324 reduced retained earnings.
- Other comprehensive income decreased equity by 8,675,994.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-201.05 Million | -49.05% |
| Dividends Paid | CN¥4.34 Million | -1.06% |
| Other Comprehensive Income | CN¥-8.68 Million | -2.12% |
| Other Changes | CN¥3.84 Million | +0.94% |
| Total Change | CN¥- | -33.90% |
Book Value vs Market Value Analysis
This analysis compares Shandong Yabo 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: 13.84x
- 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 22.37x to 13.84x 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¥0.11 | CN¥2.54 | x |
| 2007-12-31 | CN¥0.16 | CN¥2.54 | x |
| 2008-12-31 | CN¥0.24 | CN¥2.54 | x |
| 2009-12-31 | CN¥1.22 | CN¥2.54 | x |
| 2010-12-31 | CN¥0.92 | CN¥2.54 | x |
| 2011-12-31 | CN¥0.95 | CN¥2.54 | x |
| 2012-12-31 | CN¥1.22 | CN¥2.54 | x |
| 2013-12-31 | CN¥0.93 | CN¥2.54 | x |
| 2014-12-31 | CN¥0.84 | CN¥2.54 | x |
| 2015-12-31 | CN¥0.25 | CN¥2.54 | x |
| 2016-12-31 | CN¥0.29 | CN¥2.54 | x |
| 2017-12-31 | CN¥0.40 | CN¥2.54 | x |
| 2018-12-31 | CN¥0.18 | CN¥2.54 | x |
| 2019-12-31 | CN¥0.04 | CN¥2.54 | x |
| 2020-12-31 | CN¥0.03 | CN¥2.54 | x |
| 2021-12-31 | CN¥0.30 | CN¥2.54 | x |
| 2022-12-31 | CN¥0.31 | CN¥2.54 | x |
| 2023-12-31 | CN¥0.36 | CN¥2.54 | x |
| 2024-12-31 | CN¥0.18 | CN¥2.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Yabo 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): -49.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.63%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.54x
- Recent ROE (-49.05%) is below the historical average (-28.08%), 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 | 67.00% | 25.25% | 1.17x | 2.27x | CN¥43.91 Million |
| 2007 | 49.87% | 23.96% | 1.43x | 1.46x | CN¥42.96 Million |
| 2008 | 35.06% | 21.13% | 1.32x | 1.26x | CN¥41.59 Million |
| 2009 | 7.82% | 24.54% | 0.30x | 1.05x | CN¥-18.23 Million |
| 2010 | 6.37% | 22.93% | 0.26x | 1.06x | CN¥-30.50 Million |
| 2011 | 6.02% | 19.87% | 0.28x | 1.08x | CN¥-34.52 Million |
| 2012 | 4.84% | 13.93% | 0.31x | 1.12x | CN¥-44.39 Million |
| 2013 | 3.44% | 9.40% | 0.31x | 1.17x | CN¥-56.20 Million |
| 2014 | 1.47% | 3.21% | 0.40x | 1.14x | CN¥-72.74 Million |
| 2015 | 16.78% | 15.62% | 0.56x | 1.93x | CN¥28.01 Million |
| 2016 | 38.63% | 18.58% | 0.63x | 3.31x | CN¥177.04 Million |
| 2017 | 30.88% | 19.18% | 0.52x | 3.11x | CN¥178.57 Million |
| 2018 | -124.53% | -200.53% | 0.14x | 4.45x | CN¥-496.87 Million |
| 2019 | -410.69% | -303.93% | 0.07x | 19.81x | CN¥-325.83 Million |
| 2020 | -61.98% | -27.14% | 0.09x | 25.67x | CN¥-39.52 Million |
| 2021 | -154.67% | -786.39% | 0.13x | 1.57x | CN¥-1.05 Billion |
| 2022 | 4.75% | 4.52% | 0.60x | 1.75x | CN¥-34.98 Million |
| 2023 | -5.53% | -4.44% | 0.61x | 2.04x | CN¥-96.32 Million |
| 2024 | -49.05% | -58.63% | 0.33x | 2.54x | CN¥-242.03 Million |
Industry Comparison
This section compares Shandong Yabo Technology Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,017,134,910
- Average return on equity (ROE) among peers: 11.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Yabo Technology Co Ltd (002323) | CN¥349.20 Million | 67.00% | 1.75x | $303.78 Million |
| Huasu Holdings Co Ltd (000509) | $-97.01 Million | 0.00% | 0.00x | $351.23 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $13.52 Million | 0.00% | 1.72x | $207.68 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $8.53 Billion | 12.97% | 0.57x | $3.53 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.62 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $508.00 Million | 8.40% | 2.64x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $1.60 Billion | 34.70% | 3.18x | $114.70 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.20 Billion | 15.44% | 0.40x | $255.48 Million |
| Everjoy Health Group Co Ltd (002162) | $816.70 Million | 1.77% | 1.62x | $274.70 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $110.91 Million | 10.68% | 1.26x | $241.96 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |