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

Latest as of March 2026: CN¥4.09 Billion CNY ≈ $598.86 Million USD

Based on the latest financial reports, Shandong New Beiyang Information Technology Co Ltd (002376) has net assets worth CN¥4.09 Billion CNY (≈ $598.86 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¥6.11 Billion ≈ $893.91 Million USD) and total liabilities (CN¥2.02 Billion ≈ $295.05 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 tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.09 Billion
% of Total Assets	66.99%
Annual Growth Rate	19.8%
5-Year Change	5.56%
10-Year Change	52.83%
Growth Volatility	73.4

Shandong New Beiyang Information Technology Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Shandong New Beiyang Information Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shandong New Beiyang Information Technol liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shandong New Beiyang Information Technology Co Ltd (2006–2025)

The table below shows the annual net assets of Shandong New Beiyang Information Technology Co Ltd from 2006 to 2025. For live valuation and market cap data, see Shandong New Beiyang Information Technol (002376) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥4.08 Billion ≈ $596.42 Million	-1.63%
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 3277.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥998.52 Million	26.24%
Other Components	CN¥2.81 Billion	73.76%
Total Equity	CN¥3.80 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
Fujian Zhangzhou Development Co Ltd SHE:000753	$735.58 Million
Hainan Shennong Technology Co Ltd SHE:300189	$735.73 Million
Lander Sports Development Co Ltd SHE:000558	$735.75 Million
Slate Grocery REIT TO:SGR-UN	$735.93 Million
Pason Systems Inc. TO:PSI	$735.38 Million
Hainan Haiyao Co Ltd SHE:000566	$734.70 Million
Beijing Hualu Baina Film TV SHE:300291	$734.62 Million
Yueyang Xingchang Petro-Chemical Co Ltd SHE:000819	$734.27 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 2024 to 2025, total equity changed from 3,884,455,514 to 3,804,743,397, a change of -79,712,117 (-2.1%).
Net income of 75,320,400 contributed positively to equity growth.
Dividend payments of 169,349,154 reduced retained earnings.
Other comprehensive income decreased equity by 343,992,346.
Other factors increased equity by 358,308,983.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥75.32 Million	+1.98%
Dividends Paid	CN¥169.35 Million	-4.45%
Other Comprehensive Income	CN¥-343.99 Million	-9.04%
Other Changes	CN¥358.31 Million	+9.42%
Total Change	CN¥-	-2.05%

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: 1.32x
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 17.16x to 1.32x 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¥0.36	CN¥6.20	x
2007-12-31	CN¥0.46	CN¥6.20	x
2008-12-31	CN¥0.45	CN¥6.20	x
2009-12-31	CN¥0.59	CN¥6.20	x
2010-12-31	CN¥2.06	CN¥6.20	x
2011-12-31	CN¥2.12	CN¥6.20	x
2012-12-31	CN¥2.35	CN¥6.20	x
2013-12-31	CN¥2.64	CN¥6.20	x
2014-12-31	CN¥3.03	CN¥6.20	x
2015-12-31	CN¥3.24	CN¥6.20	x
2016-12-31	CN¥3.92	CN¥6.20	x
2017-12-31	CN¥4.05	CN¥6.20	x
2018-12-31	CN¥4.88	CN¥6.20	x
2019-12-31	CN¥5.31	CN¥6.20	x
2020-12-31	CN¥5.47	CN¥6.20	x
2021-12-31	CN¥5.40	CN¥6.20	x
2022-12-31	CN¥5.15	CN¥6.20	x
2023-12-31	CN¥4.88	CN¥6.20	x
2024-12-31	CN¥6.00	CN¥6.20	x
2025-12-31	CN¥4.69	CN¥6.20	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): 1.98%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.70%
• Asset Turnover: 0.47x
• Equity Multiplier: 1.56x
Recent ROE (1.98%) is below the historical average (12.07%), 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
2025	1.98%	2.70%	0.47x	1.56x	CN¥-305.15 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: $5,928,856,342
Average return on equity (ROE) among peers: 6.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shandong New Beiyang Information Technology Co Ltd (002376)	CN¥4.09 Billion	22.84%	0.49x	$735.39 Million
Shaanxi Fenghuo Electronics Co Ltd (000561)	$523.25 Million	15.75%	1.43x	$1.01 Billion
Guangbo Group Stock Co Ltd (002103)	$227.18 Million	18.24%	1.23x	$498.79 Million
Hengbao Co Ltd (002104)	$459.86 Million	13.35%	0.25x	$1.21 Billion
GRG Banking Equipment Co Ltd (002152)	$45.16 Billion	1.90%	-0.34x	$3.65 Billion
Guangzhou KingTeller Technology Co Ltd (002177)	$1.64 Billion	-3.86%	0.08x	$682.80 Million
Shenzhen Comix Group Co Ltd (002301)	$1.25 Billion	8.38%	2.04x	$849.68 Million
Suzhou Goldengreen Technologies Ltd (002808)	$566.62 Million	6.12%	0.21x	$111.31 Million
Xgd Inc (300130)	$2.12 Billion	11.69%	0.96x	$1.81 Billion
Wuhan Tianyu Info Industry (300205)	$1.41 Billion	-10.59%	1.23x	$356.19 Million

About Shandong New Beiyang Information Technology Co Ltd

SHE:002376 China Business Equipment & Supplies

Market Cap

$735.39 Million

CN¥5.03 Billion CNY

Market Cap Rank

#10519 Global

#2921 in China

Share Price

CN¥6.20

Change (1 day)

+0.81%

52-Week Range

CN¥6.04 - CN¥8.56

All Time High

CN¥17.25