Shandong New Beiyang Information Technology Co Ltd
Shandong New Beiyang Information Technology Co., Ltd. engages in the research and development, production, sale, and service of thermal printing, identification, and smart system integration products in China. The company offers smart finance, smart logistics, smart retail, and other industries solutions. It also provides portable printer, receipt printer, label printer, embedded printer, printer… Read more
Shandong New Beiyang Information Technology Co Ltd (002376) - Net Assets
Latest net assets as of September 2025: CN¥4.04 Billion CNY
Based on the latest financial reports, Shandong New Beiyang Information Technology Co Ltd (002376) has net assets worth CN¥4.04 Billion 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¥5.77 Billion) and total liabilities (CN¥1.73 Billion). 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¥4.04 Billion |
| % of Total Assets | 70.02% |
| Annual Growth Rate | 21.12% |
| 5-Year Change | 5.96% |
| 10-Year Change | 96.93% |
| Growth Volatility | 75.04 |
Shandong New Beiyang Information Technology Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shandong New Beiyang Information 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 New Beiyang Information Technology Co Ltd (2006–2024)
The table below shows the annual net assets of Shandong New Beiyang Information Technology Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.14 Billion | +20.88% |
| 2023-12-31 | CN¥3.43 Billion | -4.04% |
| 2022-12-31 | CN¥3.57 Billion | -7.49% |
| 2021-12-31 | CN¥3.86 Billion | -1.25% |
| 2020-12-31 | CN¥3.91 Billion | +1.10% |
| 2019-12-31 | CN¥3.87 Billion | +11.18% |
| 2018-12-31 | CN¥3.48 Billion | +20.67% |
| 2017-12-31 | CN¥2.88 Billion | +8.10% |
| 2016-12-31 | CN¥2.67 Billion | +26.75% |
| 2015-12-31 | CN¥2.10 Billion | +5.19% |
| 2014-12-31 | CN¥2.00 Billion | +21.23% |
| 2013-12-31 | CN¥1.65 Billion | +14.79% |
| 2012-12-31 | CN¥1.44 Billion | +11.35% |
| 2011-12-31 | CN¥1.29 Billion | +10.26% |
| 2010-12-31 | CN¥1.17 Billion | +336.58% |
| 2009-12-31 | CN¥268.16 Million | +30.59% |
| 2008-12-31 | CN¥205.34 Million | +13.21% |
| 2007-12-31 | CN¥181.38 Million | +37.71% |
| 2006-12-31 | CN¥131.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong New Beiyang Information 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 grown by 3573.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.09 Billion | 27.96% |
| Common Stock | CN¥810.56 Million | 20.87% |
| Other Comprehensive Income | CN¥343.99 Million | 8.86% |
| Other Components | CN¥1.64 Billion | 42.32% |
| Total Equity | CN¥3.88 Billion | 100.00% |
Shandong New Beiyang Information Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong New Beiyang Information Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Yawei Machine Tool Co Ltd
SHE:002559
|
$607.00 Million |
|
Union Bank of Taiwan
TW:2838
|
$607.02 Million |
|
Peab AB ser. B
LSE:0MHT
|
$607.03 Million |
|
Air Astana Joint Stock Company
F:7YH
|
$607.05 Million |
|
Jiangyin Hengrun Heavy
SHG:603985
|
$606.90 Million |
|
BKV Corporation
NYSE:BKV
|
$606.87 Million |
|
Eagle Bancorp Inc
NASDAQ:EGBN
|
$606.79 Million |
|
Sundiro Holding Co Ltd
SHE:000571
|
$606.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong New Beiyang Information Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,174,184,252 to 3,884,455,514, a change of 710,271,262 (22.4%).
- Net income of 48,536,289 contributed positively to equity growth.
- Dividend payments of 112,353,891 reduced retained earnings.
- Share repurchases of 94,993,383 reduced equity.
- Other comprehensive income decreased equity by 166,051,941.
- Other factors increased equity by 1,035,134,188.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥48.54 Million | +1.25% |
| Dividends Paid | CN¥112.35 Million | -2.89% |
| Share Repurchases | CN¥94.99 Million | -2.45% |
| Other Comprehensive Income | CN¥-166.05 Million | -4.27% |
| Other Changes | CN¥1.04 Billion | +26.65% |
| Total Change | CN¥- | 22.38% |
Book Value vs Market Value Analysis
This analysis compares Shandong New Beiyang Information 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: 1.25x
- 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 20.70x to 1.25x 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¥0.36 | CN¥7.48 | x |
| 2007-12-31 | CN¥0.46 | CN¥7.48 | x |
| 2008-12-31 | CN¥0.45 | CN¥7.48 | x |
| 2009-12-31 | CN¥0.59 | CN¥7.48 | x |
| 2010-12-31 | CN¥2.06 | CN¥7.48 | x |
| 2011-12-31 | CN¥2.12 | CN¥7.48 | x |
| 2012-12-31 | CN¥2.34 | CN¥7.48 | x |
| 2013-12-31 | CN¥2.64 | CN¥7.48 | x |
| 2014-12-31 | CN¥3.03 | CN¥7.48 | x |
| 2015-12-31 | CN¥3.24 | CN¥7.48 | x |
| 2016-12-31 | CN¥3.92 | CN¥7.48 | x |
| 2017-12-31 | CN¥4.05 | CN¥7.48 | x |
| 2018-12-31 | CN¥4.88 | CN¥7.48 | x |
| 2019-12-31 | CN¥5.31 | CN¥7.48 | x |
| 2020-12-31 | CN¥5.43 | CN¥7.48 | x |
| 2021-12-31 | CN¥5.39 | CN¥7.48 | x |
| 2022-12-31 | CN¥5.05 | CN¥7.48 | x |
| 2023-12-31 | CN¥4.88 | CN¥7.48 | x |
| 2024-12-31 | CN¥6.00 | CN¥7.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong New Beiyang Information 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): 1.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.04%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.41x
- Recent ROE (1.25%) is below the historical average (12.64%), 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 | 22.84% | 23.40% | 0.59x | 1.65x | CN¥16.90 Million |
| 2007 | 26.31% | 24.10% | 0.71x | 1.53x | CN¥29.48 Million |
| 2008 | 29.88% | 21.75% | 0.82x | 1.67x | CN¥40.16 Million |
| 2009 | 32.37% | 27.18% | 0.60x | 2.00x | CN¥59.15 Million |
| 2010 | 9.73% | 23.08% | 0.35x | 1.20x | CN¥-3.11 Million |
| 2011 | 12.96% | 24.87% | 0.43x | 1.21x | CN¥37.41 Million |
| 2012 | 14.56% | 27.14% | 0.44x | 1.21x | CN¥64.28 Million |
| 2013 | 14.39% | 26.53% | 0.36x | 1.50x | CN¥69.32 Million |
| 2014 | 16.81% | 30.88% | 0.36x | 1.51x | CN¥124.17 Million |
| 2015 | 7.71% | 12.16% | 0.39x | 1.62x | CN¥-43.71 Million |
| 2016 | 9.45% | 13.89% | 0.42x | 1.62x | CN¥-13.25 Million |
| 2017 | 11.12% | 15.40% | 0.46x | 1.57x | CN¥28.80 Million |
| 2018 | 11.89% | 14.44% | 0.56x | 1.46x | CN¥60.60 Million |
| 2019 | 9.04% | 13.16% | 0.41x | 1.67x | CN¥-34.31 Million |
| 2020 | 5.12% | 7.73% | 0.40x | 1.64x | CN¥-176.28 Million |
| 2021 | 4.08% | 5.51% | 0.41x | 1.80x | CN¥-211.82 Million |
| 2022 | -0.05% | -0.07% | 0.39x | 1.77x | CN¥-332.31 Million |
| 2023 | 0.61% | 0.88% | 0.40x | 1.71x | CN¥-298.15 Million |
| 2024 | 1.25% | 2.04% | 0.43x | 1.41x | CN¥-339.91 Million |
Industry Comparison
This section compares Shandong New Beiyang Information Technology Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $1,861,899,877
- Average return on equity (ROE) among peers: -8.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong New Beiyang Information Technology Co Ltd (002376) | CN¥4.04 Billion | 22.84% | 0.43x | $606.96 Million |
| Shaanxi Fenghuo Electronics Co Ltd (000561) | $198.10 Million | -149.80% | 6.60x | $733.63 Million |
| Guangbo Group Stock Co Ltd (002103) | $1.63 Billion | 5.06% | 0.32x | $325.29 Million |
| Hengbao Co Ltd (002104) | $1.88 Billion | 8.65% | 0.16x | $1.33 Billion |
| GRG Banking Equipment Co Ltd (002152) | $9.48 Billion | 9.48% | 0.34x | $2.00 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $1.24 Billion | 7.58% | 0.20x | $799.98 Million |
| Shenzhen Comix Group Co Ltd (002301) | $1.12 Billion | 6.25% | 0.41x | $388.88 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $566.62 Million | 6.12% | 0.21x | $86.19 Million |
| Wuhan Tianyu Info Industry (300205) | $230.23 Million | 22.64% | 1.53x | $174.42 Million |
| Shandong Synthesis Electronic Technology Co Ltd (300479) | $407.81 Million | 5.05% | 0.25x | $383.73 Million |