Shandong New Beiyang Information Technology Co Ltd (002376) - Net Assets
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 strategic asset allocation of Shandong New Beiyang Information Technol to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see Shandong New Beiyang Information Technol (002376) total market value.
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. Also explore Shandong New Beiyang Information Technol (002376) net asset momentum to track the company's year-over-year net asset growth rate.
| 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 |
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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 |
|---|---|
|
Hangzhou Haoyue Personal Care Co Ltd
SHG:605009
|
$755.62 Million |
|
EuroTeleSites AG
VI:ETS
|
$755.87 Million |
|
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
SHG:688323
|
$755.99 Million |
|
AGRANA Beteiligungs-Aktiengesellschaft
VI:AGR
|
$756.12 Million |
|
Chongqing Gangjiu Co Ltd
SHG:600279
|
$755.49 Million |
|
Jiangsu Jibeier Pharmaceutical Co Ltd
SHG:688566
|
$755.11 Million |
|
China Railway Signal & Communication Corporation Limited
F:RS3
|
$754.97 Million |
|
Ning Xia Yin Xing Energy Co Ltd
SHE:000862
|
$754.91 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: 1.36x
- 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 17.63x to 1.36x 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¥6.37 | x |
| 2007-12-31 | CN¥0.46 | CN¥6.37 | x |
| 2008-12-31 | CN¥0.45 | CN¥6.37 | x |
| 2009-12-31 | CN¥0.59 | CN¥6.37 | x |
| 2010-12-31 | CN¥2.06 | CN¥6.37 | x |
| 2011-12-31 | CN¥2.12 | CN¥6.37 | x |
| 2012-12-31 | CN¥2.35 | CN¥6.37 | x |
| 2013-12-31 | CN¥2.64 | CN¥6.37 | x |
| 2014-12-31 | CN¥3.03 | CN¥6.37 | x |
| 2015-12-31 | CN¥3.24 | CN¥6.37 | x |
| 2016-12-31 | CN¥3.92 | CN¥6.37 | x |
| 2017-12-31 | CN¥4.05 | CN¥6.37 | x |
| 2018-12-31 | CN¥4.88 | CN¥6.37 | x |
| 2019-12-31 | CN¥5.31 | CN¥6.37 | x |
| 2020-12-31 | CN¥5.47 | CN¥6.37 | x |
| 2021-12-31 | CN¥5.40 | CN¥6.37 | x |
| 2022-12-31 | CN¥5.15 | CN¥6.37 | x |
| 2023-12-31 | CN¥4.88 | CN¥6.37 | x |
| 2024-12-31 | CN¥6.00 | CN¥6.37 | x |
| 2025-12-31 | CN¥4.69 | CN¥6.37 | 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: $1,042,383,730
- Average return on equity (ROE) among peers: 12.36%
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 | $755.55 Million |
| Shaanxi Fenghuo Electronics Co Ltd (000561) | $1.89 Billion | -8.04% | 1.22x | $965.95 Million |
| Guangbo Group Stock Co Ltd (002103) | $153.33 Million | 25.43% | 1.88x | $490.98 Million |
| Hengbao Co Ltd (002104) | $1.25 Billion | 23.35% | 0.27x | $1.17 Billion |
| GRG Banking Equipment Co Ltd (002152) | $85.10 Million | 35.51% | 1.98x | $3.38 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $1.69 Billion | 0.81% | 0.22x | $618.19 Million |
| Shenzhen Comix Group Co Ltd (002301) | $1.13 Billion | 2.57% | 0.70x | $822.23 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $229.37 Million | 17.06% | 0.19x | $8.65 Million |
| Xgd Inc (300130) | $2.82 Billion | 1.59% | 0.37x | $1.48 Billion |
| Wuhan Tianyu Info Industry (300205) | $131.64 Million | 12.99% | 1.22x | $308.36 Million |
About 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