Shenzhen Zowee Tech Co Ltd (002369) - Net Assets
Based on the latest financial reports, Shenzhen Zowee Tech Co Ltd (002369) has net assets worth CN¥301.59 Million CNY (≈ $44.13 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¥2.39 Billion ≈ $349.72 Million USD) and total liabilities (CN¥2.09 Billion ≈ $305.59 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 Zowee Tech Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥301.59 Million |
| % of Total Assets | 12.62% |
| Annual Growth Rate | 10.81% |
| 5-Year Change | -66.66% |
| 10-Year Change | -65.47% |
| Growth Volatility | 76.74 |
Shenzhen Zowee Tech Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shenzhen Zowee Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Zowee Tech Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Zowee Tech Co Ltd (2006–2024)
The table below shows the annual net assets of Shenzhen Zowee Tech Co Ltd from 2006 to 2024. For live valuation and market cap data, see Shenzhen Zowee Tech Co Ltd (002369) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥462.61 Million ≈ $67.70 Million |
-32.36% |
| 2023-12-31 | CN¥683.95 Million ≈ $100.08 Million |
-37.34% |
| 2022-12-31 | CN¥1.09 Billion ≈ $159.72 Million |
-10.73% |
| 2021-12-31 | CN¥1.22 Billion ≈ $178.91 Million |
-11.88% |
| 2020-12-31 | CN¥1.39 Billion ≈ $203.02 Million |
-30.06% |
| 2019-12-31 | CN¥1.98 Billion ≈ $290.29 Million |
-0.16% |
| 2018-12-31 | CN¥1.99 Billion ≈ $290.76 Million |
-6.27% |
| 2017-12-31 | CN¥2.12 Billion ≈ $310.22 Million |
+56.98% |
| 2016-12-31 | CN¥1.35 Billion ≈ $197.62 Million |
+0.81% |
| 2015-12-31 | CN¥1.34 Billion ≈ $196.04 Million |
-4.01% |
| 2014-12-31 | CN¥1.40 Billion ≈ $204.22 Million |
+2.17% |
| 2013-12-31 | CN¥1.37 Billion ≈ $199.88 Million |
+4.08% |
| 2012-12-31 | CN¥1.31 Billion ≈ $192.04 Million |
+70.77% |
| 2011-12-31 | CN¥768.50 Million ≈ $112.46 Million |
+3.85% |
| 2010-12-31 | CN¥740.01 Million ≈ $108.29 Million |
+316.07% |
| 2009-12-31 | CN¥177.85 Million ≈ $26.03 Million |
+38.79% |
| 2008-12-31 | CN¥128.15 Million ≈ $18.75 Million |
+16.85% |
| 2007-12-31 | CN¥109.67 Million ≈ $16.05 Million |
+50.39% |
| 2006-12-31 | CN¥72.92 Million ≈ $10.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Zowee Tech 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 3339.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥566.96 Million | 121.64% |
| Other Comprehensive Income | CN¥83.64 Million | 17.95% |
| Other Components | CN¥1.22 Billion | 260.85% |
| Total Equity | CN¥466.10 Million | 100.00% |
Shenzhen Zowee Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Zowee Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Endur ASA
OL:ENDUR
|
$609.09 Million |
|
Rogers Sugar Inc.
TO:RSI
|
$609.36 Million |
|
Technocraft Industries (India) Limited
NSE:TIIL
|
$609.37 Million |
|
American Woodmark Corporation
NASDAQ:AMWD
|
$609.45 Million |
|
TUNGSTEN WEST PLC LS -01
F:540
|
$608.86 Million |
|
Dymatic Chemicals Inc
SHE:002054
|
$608.83 Million |
|
Beazer Homes USA Inc
NYSE:BZH
|
$608.73 Million |
|
Chongqing Yukaifa Co Ltd
SHE:000514
|
$608.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Zowee Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 683,969,614 to 466,097,263, a change of -217,872,351 (-31.9%).
- Net loss of 217,858,970 reduced equity.
- Dividend payments of 2,563,909 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-217.86 Million | -46.74% |
| Dividends Paid | CN¥2.56 Million | -0.55% |
| Other Changes | CN¥2.55 Million | +0.55% |
| Total Change | CN¥- | -31.85% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Zowee Tech 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: 8.93x
- 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 30.48x to 8.93x 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¥0.24 | CN¥7.34 | x |
| 2007-12-31 | CN¥0.39 | CN¥7.34 | x |
| 2008-12-31 | CN¥0.43 | CN¥7.34 | x |
| 2009-12-31 | CN¥0.59 | CN¥7.34 | x |
| 2010-12-31 | CN¥1.85 | CN¥7.34 | x |
| 2011-12-31 | CN¥1.91 | CN¥7.34 | x |
| 2012-12-31 | CN¥3.09 | CN¥7.34 | x |
| 2013-12-31 | CN¥2.90 | CN¥7.34 | x |
| 2014-12-31 | CN¥2.83 | CN¥7.34 | x |
| 2015-12-31 | CN¥2.72 | CN¥7.34 | x |
| 2016-12-31 | CN¥2.62 | CN¥7.34 | x |
| 2017-12-31 | CN¥3.70 | CN¥7.34 | x |
| 2018-12-31 | CN¥3.34 | CN¥7.34 | x |
| 2019-12-31 | CN¥3.51 | CN¥7.34 | x |
| 2020-12-31 | CN¥2.45 | CN¥7.34 | x |
| 2021-12-31 | CN¥2.16 | CN¥7.34 | x |
| 2022-12-31 | CN¥1.93 | CN¥7.34 | x |
| 2023-12-31 | CN¥1.21 | CN¥7.34 | x |
| 2024-12-31 | CN¥0.82 | CN¥7.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Zowee Tech 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): -46.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.76%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 5.50x
- Recent ROE (-46.74%) is below the historical average (-0.51%), 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 | 47.18% | 9.86% | 1.93x | 2.48x | CN¥25.29 Million |
| 2007 | 32.83% | 10.81% | 1.24x | 2.46x | CN¥25.04 Million |
| 2008 | 23.78% | 8.10% | 1.45x | 2.03x | CN¥17.66 Million |
| 2009 | 27.95% | 9.62% | 0.99x | 2.94x | CN¥31.92 Million |
| 2010 | 9.99% | 8.49% | 0.79x | 1.50x | CN¥-49.24K |
| 2011 | 12.82% | 7.96% | 0.92x | 1.76x | CN¥21.65 Million |
| 2012 | 6.47% | 5.78% | 0.77x | 1.46x | CN¥-46.30 Million |
| 2013 | 6.56% | 4.38% | 0.88x | 1.69x | CN¥-47.02 Million |
| 2014 | 3.18% | 1.24% | 1.10x | 2.34x | CN¥-95.24 Million |
| 2015 | -4.05% | -1.43% | 1.18x | 2.39x | CN¥-188.27 Million |
| 2016 | 1.25% | 0.62% | 1.03x | 1.95x | CN¥-118.02 Million |
| 2017 | 0.81% | 0.62% | 0.68x | 1.92x | CN¥-194.79 Million |
| 2018 | -4.79% | -3.03% | 0.91x | 1.75x | CN¥-294.37 Million |
| 2019 | 2.37% | 1.41% | 0.85x | 1.98x | CN¥-151.75 Million |
| 2020 | -43.80% | -19.98% | 1.01x | 2.17x | CN¥-746.41 Million |
| 2021 | -13.48% | -6.60% | 0.86x | 2.38x | CN¥-287.05 Million |
| 2022 | -12.01% | -6.81% | 0.71x | 2.49x | CN¥-240.29 Million |
| 2023 | -60.02% | -26.52% | 0.61x | 3.74x | CN¥-478.92 Million |
| 2024 | -46.74% | -12.76% | 0.67x | 5.50x | CN¥-264.47 Million |
Industry Comparison
This section compares Shenzhen Zowee Tech 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 Zowee Tech Co Ltd (002369) | CN¥301.59 Million | 47.18% | 6.92x | $608.95 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 Zowee Tech Co Ltd
Shenzhen Zowee Technology Co., Ltd. researches, develops, manufactures, and sells products network communications, consumer electronics and smart hardware products. The company also provides electronics manufacturing services, including mold development and manufacturing, as well as molding and spray printing; supply chain management; printed circuit board assembly; product assembly and packaging… Read more