Shenzhen INVT Electric Co Ltd (002334) - Net Assets
Based on the latest financial reports, Shenzhen INVT Electric Co Ltd (002334) has net assets worth CN¥3.00 Billion CNY (≈ $438.79 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¥5.87 Billion ≈ $858.95 Million USD) and total liabilities (CN¥2.87 Billion ≈ $420.16 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 002334 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.00 Billion |
| % of Total Assets | 51.08% |
| Annual Growth Rate | 27.64% |
| 5-Year Change | 74.14% |
| 10-Year Change | 72.87% |
| Growth Volatility | 95.7 |
Shenzhen INVT Electric Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shenzhen INVT Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002334 asset base for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen INVT Electric Co Ltd (2006–2024)
The table below shows the annual net assets of Shenzhen INVT Electric Co Ltd from 2006 to 2024. For live valuation and market cap data, see Shenzhen INVT Electric Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion ≈ $426.65 Million |
+8.09% |
| 2023-12-31 | CN¥2.70 Billion ≈ $394.73 Million |
+16.19% |
| 2022-12-31 | CN¥2.32 Billion ≈ $339.74 Million |
+24.63% |
| 2021-12-31 | CN¥1.86 Billion ≈ $272.61 Million |
+11.26% |
| 2020-12-31 | CN¥1.67 Billion ≈ $245.01 Million |
+7.56% |
| 2019-12-31 | CN¥1.56 Billion ≈ $227.79 Million |
-22.61% |
| 2018-12-31 | CN¥2.01 Billion ≈ $294.35 Million |
-2.67% |
| 2017-12-31 | CN¥2.07 Billion ≈ $302.43 Million |
+11.00% |
| 2016-12-31 | CN¥1.86 Billion ≈ $272.46 Million |
+10.39% |
| 2015-12-31 | CN¥1.69 Billion ≈ $246.81 Million |
+9.23% |
| 2014-12-31 | CN¥1.54 Billion ≈ $225.96 Million |
+11.95% |
| 2013-12-31 | CN¥1.38 Billion ≈ $201.84 Million |
+11.44% |
| 2012-12-31 | CN¥1.24 Billion ≈ $181.12 Million |
+3.70% |
| 2011-12-31 | CN¥1.19 Billion ≈ $174.66 Million |
+15.22% |
| 2010-12-31 | CN¥1.04 Billion ≈ $151.59 Million |
+417.71% |
| 2009-12-31 | CN¥200.10 Million ≈ $29.28 Million |
+68.98% |
| 2008-12-31 | CN¥118.41 Million ≈ $17.33 Million |
+52.39% |
| 2007-12-31 | CN¥77.70 Million ≈ $11.37 Million |
+115.48% |
| 2006-12-31 | CN¥36.06 Million ≈ $5.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen INVT Electric 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 14630.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.56 Billion | 53.60% |
| Common Stock | CN¥810.95 Million | 27.88% |
| Other Comprehensive Income | CN¥312.56 Million | 10.74% |
| Other Components | CN¥226.30 Million | 7.78% |
| Total Equity | CN¥2.91 Billion | 100.00% |
Shenzhen INVT Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen INVT Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Jiuyuan Yinhai Software Co Ltd
SHE:002777
|
$939.66 Million |
|
Sino-High (China) Co. Ltd.
SHE:301076
|
$939.69 Million |
|
Insperity Inc
NYSE:NSP
|
$940.19 Million |
|
AMG Advanced Metallurgical Group NV
AS:AMG
|
$940.26 Million |
|
J.S. Corrugating Machinery Co Ltd
SHE:000821
|
$938.81 Million |
|
Standard Lithium Ltd
V:SLI
|
$938.76 Million |
|
Hongsheng Heat Exchanger Mnfg
SHG:603090
|
$938.72 Million |
|
Shenzhen Grandland Decoration Group Co Ltd
SHE:002482
|
$938.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen INVT Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,647,382,498 to 2,909,081,022, a change of 261,698,524 (9.9%).
- Net income of 286,655,281 contributed positively to equity growth.
- Dividend payments of 59,673,184 reduced retained earnings.
- Share repurchases of 36,544,395 reduced equity.
- Other comprehensive income increased equity by 311,292,019.
- Other factors decreased equity by 240,031,197.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥286.66 Million | +9.85% |
| Dividends Paid | CN¥59.67 Million | -2.05% |
| Share Repurchases | CN¥36.54 Million | -1.26% |
| Other Comprehensive Income | CN¥311.29 Million | +10.7% |
| Other Changes | CN¥-240.03 Million | -8.25% |
| Total Change | CN¥- | 9.89% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen INVT Electric 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: 2.14x
- 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 103.82x to 2.14x 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¥0.08 | CN¥7.80 | x |
| 2007-12-31 | CN¥0.16 | CN¥7.80 | x |
| 2008-12-31 | CN¥0.23 | CN¥7.80 | x |
| 2009-12-31 | CN¥0.34 | CN¥7.80 | x |
| 2010-12-31 | CN¥1.51 | CN¥7.80 | x |
| 2011-12-31 | CN¥1.96 | CN¥7.80 | x |
| 2012-12-31 | CN¥1.95 | CN¥7.80 | x |
| 2013-12-31 | CN¥1.81 | CN¥7.80 | x |
| 2014-12-31 | CN¥2.03 | CN¥7.80 | x |
| 2015-12-31 | CN¥2.10 | CN¥7.80 | x |
| 2016-12-31 | CN¥2.13 | CN¥7.80 | x |
| 2017-12-31 | CN¥2.42 | CN¥7.80 | x |
| 2018-12-31 | CN¥2.48 | CN¥7.80 | x |
| 2019-12-31 | CN¥2.06 | CN¥7.80 | x |
| 2020-12-31 | CN¥2.28 | CN¥7.80 | x |
| 2021-12-31 | CN¥2.52 | CN¥7.80 | x |
| 2022-12-31 | CN¥2.88 | CN¥7.80 | x |
| 2023-12-31 | CN¥3.31 | CN¥7.80 | x |
| 2024-12-31 | CN¥3.65 | CN¥7.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen INVT Electric 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): 9.85%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.63%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.83x
- Recent ROE (9.85%) is below the historical average (14.58%), 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 | 53.78% | 18.36% | 1.54x | 1.90x | CN¥15.79 Million |
| 2007 | 41.75% | 16.88% | 1.40x | 1.77x | CN¥24.67 Million |
| 2008 | 34.38% | 16.62% | 1.34x | 1.54x | CN¥28.87 Million |
| 2009 | 40.82% | 25.43% | 1.16x | 1.38x | CN¥61.67 Million |
| 2010 | 11.48% | 22.96% | 0.45x | 1.12x | CN¥14.88 Million |
| 2011 | 7.00% | 11.31% | 0.53x | 1.17x | CN¥-33.40 Million |
| 2012 | 7.70% | 12.27% | 0.53x | 1.17x | CN¥-26.94 Million |
| 2013 | 9.46% | 13.31% | 0.58x | 1.23x | CN¥-7.02 Million |
| 2014 | 11.14% | 15.31% | 0.58x | 1.25x | CN¥16.56 Million |
| 2015 | 9.47% | 13.74% | 0.53x | 1.29x | CN¥-8.34 Million |
| 2016 | 4.13% | 5.14% | 0.51x | 1.57x | CN¥-96.73 Million |
| 2017 | 12.22% | 10.64% | 0.66x | 1.74x | CN¥41.05 Million |
| 2018 | 12.00% | 10.06% | 0.65x | 1.83x | CN¥37.37 Million |
| 2019 | -28.31% | -19.62% | 0.84x | 1.72x | CN¥-595.13 Million |
| 2020 | 4.56% | 3.42% | 0.80x | 1.66x | CN¥-93.39 Million |
| 2021 | 9.52% | 6.06% | 0.87x | 1.81x | CN¥-9.22 Million |
| 2022 | 12.04% | 6.71% | 0.84x | 2.14x | CN¥46.58 Million |
| 2023 | 14.03% | 8.09% | 0.88x | 1.96x | CN¥106.61 Million |
| 2024 | 9.85% | 6.63% | 0.81x | 1.83x | CN¥-4.25 Million |
Industry Comparison
This section compares Shenzhen INVT Electric Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen INVT Electric Co Ltd (002334) | CN¥3.00 Billion | 53.78% | 0.96x | $939.06 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Shenzhen INVT Electric Co Ltd
Shenzhen INVT Electric Co.,Ltd engages in the industrial automation, and energy and power businesses in China and internationally. It offers low and medium voltage general purpose, industry specific, and engineering drive frequency converters; elevator control systems; general purpose servo systems; large, medium, and small size PLC; and cloud platform, application system, and data terminal solut… Read more