Shandong New Beiyang Information Technology Co Ltd (002376) - Net Assets

Latest as of September 2025: CN¥4.04 Billion CNY ≈ $591.59 Million USD

Based on the latest financial reports, Shandong New Beiyang Information Technology Co Ltd (002376) has net assets worth CN¥4.04 Billion CNY (≈ $591.59 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¥5.77 Billion ≈ $844.86 Million USD) and total liabilities (CN¥1.73 Billion ≈ $253.27 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 Shandong New Beiyang Information Technol liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Shandong New Beiyang Information Technol for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Shandong New Beiyang Information Technol (002376) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥4.14 Billion ≈ $606.31 Million	+20.88%
2023-12-31	CN¥3.43 Billion ≈ $501.59 Million	-4.04%
2022-12-31	CN¥3.57 Billion ≈ $522.71 Million	-7.49%
2021-12-31	CN¥3.86 Billion ≈ $565.02 Million	-1.25%
2020-12-31	CN¥3.91 Billion ≈ $572.19 Million	+1.10%
2019-12-31	CN¥3.87 Billion ≈ $565.95 Million	+11.18%
2018-12-31	CN¥3.48 Billion ≈ $509.05 Million	+20.67%
2017-12-31	CN¥2.88 Billion ≈ $421.86 Million	+8.10%
2016-12-31	CN¥2.67 Billion ≈ $390.26 Million	+26.75%
2015-12-31	CN¥2.10 Billion ≈ $307.89 Million	+5.19%
2014-12-31	CN¥2.00 Billion ≈ $292.70 Million	+21.23%
2013-12-31	CN¥1.65 Billion ≈ $241.43 Million	+14.79%
2012-12-31	CN¥1.44 Billion ≈ $210.33 Million	+11.35%
2011-12-31	CN¥1.29 Billion ≈ $188.90 Million	+10.26%
2010-12-31	CN¥1.17 Billion ≈ $171.32 Million	+336.58%
2009-12-31	CN¥268.16 Million ≈ $39.24 Million	+30.59%
2008-12-31	CN¥205.34 Million ≈ $30.05 Million	+13.21%
2007-12-31	CN¥181.38 Million ≈ $26.54 Million	+37.71%
2006-12-31	CN¥131.71 Million ≈ $19.27 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
Healthcare Global Enterprises Limited NSE:HCG	$873.06 Million
Ton Yi Industrial Corp TW:9907	$873.14 Million
Anhui Estone Materials Technology Co Ltd SHG:688733	$874.08 Million
Eletromidia S.A SA:ELMD3	$874.17 Million
Keeson Technology Corp Ltd SHG:603610	$872.95 Million
Nanjing Kangni Mechanical & Electrical Co Ltd SHG:603111	$872.90 Million
Tianma Bearing Group Co Ltd SHE:002122	$872.79 Million
Molinos Agro SA BA:MOLA	$872.72 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 48,536,292 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 1,035,134,185.

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: 1.23x
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 20.37x to 1.23x 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¥7.36	x
2007-12-31	CN¥0.46	CN¥7.36	x
2008-12-31	CN¥0.45	CN¥7.36	x
2009-12-31	CN¥0.59	CN¥7.36	x
2010-12-31	CN¥2.06	CN¥7.36	x
2011-12-31	CN¥2.12	CN¥7.36	x
2012-12-31	CN¥2.35	CN¥7.36	x
2013-12-31	CN¥2.64	CN¥7.36	x
2014-12-31	CN¥3.03	CN¥7.36	x
2015-12-31	CN¥3.24	CN¥7.36	x
2016-12-31	CN¥3.92	CN¥7.36	x
2017-12-31	CN¥4.05	CN¥7.36	x
2018-12-31	CN¥4.88	CN¥7.36	x
2019-12-31	CN¥5.31	CN¥7.36	x
2020-12-31	CN¥5.47	CN¥7.36	x
2021-12-31	CN¥5.40	CN¥7.36	x
2022-12-31	CN¥5.15	CN¥7.36	x
2023-12-31	CN¥4.88	CN¥7.36	x
2024-12-31	CN¥6.00	CN¥7.36	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 (12.60%), 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	-0.78%	-1.13%	0.39x	1.77x	CN¥-356.38 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: $1,257,127,209
Average return on equity (ROE) among peers: 9.93%

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	$872.98 Million
Shaanxi Fenghuo Electronics Co Ltd (000561)	$175.63 Million	33.09%	2.43x	$1.20 Billion
Guangbo Group Stock Co Ltd (002103)	$723.86 Million	8.31%	0.76x	$624.67 Million
Hengbao Co Ltd (002104)	$53.55 Million	5.20%	2.35x	$1.47 Billion
GRG Banking Equipment Co Ltd (002152)	$4.33 Billion	18.66%	0.54x	$4.24 Billion
Guangzhou KingTeller Technology Co Ltd (002177)	$391.70 Million	15.26%	0.60x	$832.06 Million
Shenzhen Comix Group Co Ltd (002301)	$962.21 Million	7.48%	0.19x	$728.30 Million
Suzhou Goldengreen Technologies Ltd (002808)	$365.02 Million	-6.00%	0.34x	$111.31 Million
Xgd Inc (300130)	$2.82 Billion	1.59%	0.37x	$1.84 Billion
Wuhan Tianyu Info Industry (300205)	$1.50 Billion	5.77%	1.19x	$384.51 Million

About Shandong New Beiyang Information Technology Co Ltd

SHE:002376 China Business Equipment & Supplies

Market Cap

$872.98 Million

CN¥5.97 Billion CNY

Market Cap Rank

#9731 Global

#2733 in China

Share Price

CN¥7.36

Change (1 day)

+1.24%

52-Week Range

CN¥6.63 - CN¥8.62

All Time High

CN¥17.25