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¥173.05 Million CNY (≈ $25.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.23 Billion ≈ $326.46 Million USD) and total liabilities (CN¥2.06 Billion ≈ $301.14 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 tangible equity quality of Shenzhen Zowee Tech Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥173.05 Million |
| % of Total Assets | 7.76% |
| Annual Growth Rate | 5.35% |
| 5-Year Change | -83.94% |
| 10-Year Change | -85.46% |
| Growth Volatility | 76.87 |
Shenzhen Zowee Tech Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Shenzhen Zowee Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Shenzhen Zowee Tech Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Zowee Tech Co Ltd (2006–2025)
The table below shows the annual net assets of Shenzhen Zowee Tech Co Ltd from 2006 to 2025. For live valuation and market cap data, see Shenzhen Zowee Tech Co Ltd (002369) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥196.37 Million ≈ $28.74 Million |
-57.55% |
| 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 |
-- |
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 3937.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.87 Billion | 898.46% |
| Total Equity | CN¥207.73 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 |
|---|---|
|
Guangzhou Lushan New Materials Co. Ltd.
SHG:603051
|
$496.22 Million |
|
Axiomtek Co Ltd
TWO:3088
|
$496.34 Million |
|
Guangdong Tianan New Material
SHG:603725
|
$496.51 Million |
|
Hefei Taihe Optoelectronic
SHG:603656
|
$496.60 Million |
|
JMT Network Services Public Company Limited
BK:JMT
|
$495.94 Million |
|
Anhui Quanchai Engine Co Ltd
SHG:600218
|
$495.91 Million |
|
Enterprise Bancorp Inc
NASDAQ:EBTC
|
$495.83 Million |
|
Elior SCA
PA:ELIOR
|
$495.14 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 2024 to 2025, total equity changed from 466,097,263 to 207,732,956, a change of -258,364,307 (-55.4%).
- Net loss of 258,364,307 reduced equity.
- Dividend payments of 4,136,342 reduced retained earnings.
- Other comprehensive income decreased equity by 83,642,585.
- Other factors increased equity by 87,778,928.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-258.36 Million | -124.37% |
| Dividends Paid | CN¥4.14 Million | -1.99% |
| Other Comprehensive Income | CN¥-83.64 Million | -40.26% |
| Other Changes | CN¥87.78 Million | +42.26% |
| Total Change | CN¥- | -55.43% |
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: 16.32x
- 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 24.83x to 16.32x 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¥5.98 | x |
| 2007-12-31 | CN¥0.39 | CN¥5.98 | x |
| 2008-12-31 | CN¥0.43 | CN¥5.98 | x |
| 2009-12-31 | CN¥0.59 | CN¥5.98 | x |
| 2010-12-31 | CN¥1.85 | CN¥5.98 | x |
| 2011-12-31 | CN¥1.91 | CN¥5.98 | x |
| 2012-12-31 | CN¥3.12 | CN¥5.98 | x |
| 2013-12-31 | CN¥2.90 | CN¥5.98 | x |
| 2014-12-31 | CN¥2.83 | CN¥5.98 | x |
| 2015-12-31 | CN¥2.72 | CN¥5.98 | x |
| 2016-12-31 | CN¥3.21 | CN¥5.98 | x |
| 2017-12-31 | CN¥4.14 | CN¥5.98 | x |
| 2018-12-31 | CN¥3.48 | CN¥5.98 | x |
| 2019-12-31 | CN¥3.37 | CN¥5.98 | x |
| 2020-12-31 | CN¥2.40 | CN¥5.98 | x |
| 2021-12-31 | CN¥2.12 | CN¥5.98 | x |
| 2022-12-31 | CN¥1.90 | CN¥5.98 | x |
| 2023-12-31 | CN¥1.21 | CN¥5.98 | x |
| 2024-12-31 | CN¥0.82 | CN¥5.98 | x |
| 2025-12-31 | CN¥0.37 | CN¥5.98 | 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): -124.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.18%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 11.64x
- Recent ROE (-124.37%) is below the historical average (-6.65%), 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 | 0.97% | 0.74% | 0.68x | 1.92x | CN¥-191.51 Million |
| 2018 | -5.17% | -3.27% | 0.91x | 1.75x | CN¥-301.82 Million |
| 2019 | 2.37% | 1.41% | 0.85x | 1.98x | CN¥-151.75 Million |
| 2020 | -43.45% | -19.83% | 1.01x | 2.17x | CN¥-741.60 Million |
| 2021 | -13.48% | -6.60% | 0.86x | 2.38x | CN¥-287.05 Million |
| 2022 | -11.04% | -6.26% | 0.71x | 2.49x | CN¥-229.69 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 |
| 2025 | -124.37% | -15.18% | 0.70x | 11.64x | CN¥-279.14 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: $1,668,860,588
- Average return on equity (ROE) among peers: -18.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Zowee Tech Co Ltd (002369) | CN¥173.05 Million | 47.18% | 11.89x | $496.12 Million |
| ZTE Corp (000063) | $42.55 Million | 189.70% | 2.42x | $22.33 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.88 Billion | 11.20% | 1.46x | $2.73 Billion |
| Addsino Co Ltd (000547) | $5.57 Billion | 3.88% | 0.24x | $4.61 Billion |
| Sichuan Huiyuan Optical Com (000586) | $260.80 Million | 1.16% | 1.11x | $431.95 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.39 Billion | -102.15% | 5.62x | $401.25 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $178.59 Million | 6.04% | 0.38x | $1.72 Billion |
| Skyworth Digital Co Ltd (000810) | $4.56 Billion | 9.25% | 1.46x | $2.07 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $820.93 Million | -279.00% | 4.69x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $870.26 Million | -47.89% | 2.43x | $930.39 Million |
| Sunwave Communications Co Ltd (002115) | $112.36 Million | 24.04% | 1.27x | $1.39 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