Shenzhen H&T Intelligent Control Co Ltd (002402) - Net Assets
Based on the latest financial reports, Shenzhen H&T Intelligent Control Co Ltd (002402) has net assets worth CN¥7.68 Billion CNY (≈ $1.12 Billion 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¥14.96 Billion ≈ $2.19 Billion USD) and total liabilities (CN¥7.29 Billion ≈ $1.07 Billion 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 002402 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.68 Billion |
| % of Total Assets | 51.29% |
| Annual Growth Rate | 28.51% |
| 5-Year Change | 89.21% |
| 10-Year Change | 594.36% |
| Growth Volatility | 81.18 |
Shenzhen H&T Intelligent Control Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Shenzhen H&T Intelligent Control Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen H&T Intelligent Control Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen H&T Intelligent Control Co Ltd (2006–2025)
The table below shows the annual net assets of Shenzhen H&T Intelligent Control Co Ltd from 2006 to 2025. For live valuation and market cap data, see Shenzhen H&T Intelligent Control Co Ltd (002402) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.47 Billion ≈ $1.09 Billion |
+38.49% |
| 2024-12-31 | CN¥5.39 Billion ≈ $789.08 Million |
+2.06% |
| 2023-12-31 | CN¥5.28 Billion ≈ $773.17 Million |
+7.46% |
| 2022-12-31 | CN¥4.92 Billion ≈ $719.49 Million |
+24.58% |
| 2021-12-31 | CN¥3.95 Billion ≈ $577.55 Million |
+19.50% |
| 2020-12-31 | CN¥3.30 Billion ≈ $483.29 Million |
+51.67% |
| 2019-12-31 | CN¥2.18 Billion ≈ $318.64 Million |
+30.45% |
| 2018-12-31 | CN¥1.67 Billion ≈ $244.26 Million |
+24.21% |
| 2017-12-31 | CN¥1.34 Billion ≈ $196.66 Million |
+24.96% |
| 2016-12-31 | CN¥1.08 Billion ≈ $157.38 Million |
+7.34% |
| 2015-12-31 | CN¥1.00 Billion ≈ $146.62 Million |
+6.79% |
| 2014-12-31 | CN¥938.31 Million ≈ $137.30 Million |
+21.02% |
| 2013-12-31 | CN¥775.32 Million ≈ $113.45 Million |
+1.26% |
| 2012-12-31 | CN¥765.70 Million ≈ $112.05 Million |
+1.57% |
| 2011-12-31 | CN¥753.88 Million ≈ $110.32 Million |
+0.79% |
| 2010-12-31 | CN¥747.99 Million ≈ $109.45 Million |
+377.87% |
| 2009-12-31 | CN¥156.53 Million ≈ $22.90 Million |
+31.34% |
| 2008-12-31 | CN¥119.18 Million ≈ $17.44 Million |
+31.58% |
| 2007-12-31 | CN¥90.57 Million ≈ $13.25 Million |
+42.43% |
| 2006-12-31 | CN¥63.59 Million ≈ $9.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen H&T Intelligent Control 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 9022.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.82 Billion | 41.96% |
| Other Components | CN¥3.90 Billion | 58.04% |
| Total Equity | CN¥6.71 Billion | 100.00% |
Shenzhen H&T Intelligent Control Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen H&T Intelligent Control Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paladin Energy Ltd
AU:PDN
|
$3.39 Billion |
|
Tango Therapeutics Inc
NASDAQ:TNGX
|
$3.39 Billion |
|
Youngy Co Ltd
SHE:002192
|
$3.39 Billion |
|
Bilfinger SE
XETRA:GBF
|
$3.39 Billion |
|
Suzhou UIGreen Micro & Nano Technologies Co. Ltd. A
SHG:688661
|
$3.38 Billion |
|
Avient Corp
NYSE:AVNT
|
$3.38 Billion |
|
China International Marine Containers (Group) Co. Ltd
F:OCM
|
$3.38 Billion |
|
First Hawaiian Inc
NASDAQ:FHB
|
$3.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen H&T Intelligent Control Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,682,172,150 to 6,712,718,412, a change of 2,030,546,262 (43.4%).
- Net income of 663,431,526 contributed positively to equity growth.
- Dividend payments of 130,960,749 reduced retained earnings.
- Other comprehensive income decreased equity by 596,312,967.
- Other factors increased equity by 2,094,388,453.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥663.43 Million | +9.88% |
| Dividends Paid | CN¥130.96 Million | -1.95% |
| Other Comprehensive Income | CN¥-596.31 Million | -8.88% |
| Other Changes | CN¥2.09 Billion | +31.2% |
| Total Change | CN¥- | 43.37% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen H&T Intelligent Control 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: 3.45x
- 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 221.15x to 3.45x 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¥0.11 | CN¥25.02 | x |
| 2007-12-31 | CN¥0.16 | CN¥25.02 | x |
| 2008-12-31 | CN¥0.21 | CN¥25.02 | x |
| 2009-12-31 | CN¥0.28 | CN¥25.02 | x |
| 2010-12-31 | CN¥1.10 | CN¥25.02 | x |
| 2011-12-31 | CN¥0.99 | CN¥25.02 | x |
| 2012-12-31 | CN¥1.00 | CN¥25.02 | x |
| 2013-12-31 | CN¥1.00 | CN¥25.02 | x |
| 2014-12-31 | CN¥1.24 | CN¥25.02 | x |
| 2015-12-31 | CN¥1.20 | CN¥25.02 | x |
| 2016-12-31 | CN¥1.25 | CN¥25.02 | x |
| 2017-12-31 | CN¥1.56 | CN¥25.02 | x |
| 2018-12-31 | CN¥1.90 | CN¥25.02 | x |
| 2019-12-31 | CN¥2.39 | CN¥25.02 | x |
| 2020-12-31 | CN¥3.32 | CN¥25.02 | x |
| 2021-12-31 | CN¥3.93 | CN¥25.02 | x |
| 2022-12-31 | CN¥4.57 | CN¥25.02 | x |
| 2023-12-31 | CN¥4.88 | CN¥25.02 | x |
| 2024-12-31 | CN¥5.15 | CN¥25.02 | x |
| 2025-12-31 | CN¥7.26 | CN¥25.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen H&T Intelligent Control 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): 9.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.19%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.18x
- Recent ROE (9.88%) is below the historical average (12.75%), 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 | 31.66% | 9.96% | 1.19x | 2.66x | CN¥13.77 Million |
| 2007 | 29.79% | 11.70% | 1.27x | 2.01x | CN¥17.92 Million |
| 2008 | 24.00% | 9.51% | 1.26x | 2.01x | CN¥16.69 Million |
| 2009 | 23.44% | 11.17% | 1.02x | 2.05x | CN¥20.92 Million |
| 2010 | 5.68% | 9.82% | 0.48x | 1.20x | CN¥-32.24 Million |
| 2011 | 3.11% | 4.65% | 0.55x | 1.23x | CN¥-51.60 Million |
| 2012 | 3.45% | 4.67% | 0.60x | 1.24x | CN¥-49.78 Million |
| 2013 | 4.59% | 4.69% | 0.72x | 1.35x | CN¥-41.53 Million |
| 2014 | 4.83% | 5.19% | 0.69x | 1.36x | CN¥-48.17 Million |
| 2015 | 7.51% | 6.75% | 0.79x | 1.40x | CN¥-24.80 Million |
| 2016 | 11.21% | 8.89% | 0.84x | 1.50x | CN¥12.96 Million |
| 2017 | 13.49% | 9.00% | 0.94x | 1.59x | CN¥46.05 Million |
| 2018 | 13.96% | 8.31% | 0.74x | 2.27x | CN¥62.94 Million |
| 2019 | 14.55% | 8.31% | 0.80x | 2.18x | CN¥94.87 Million |
| 2020 | 13.06% | 8.49% | 0.75x | 2.05x | CN¥92.76 Million |
| 2021 | 15.33% | 9.24% | 0.84x | 1.98x | CN¥192.44 Million |
| 2022 | 10.48% | 7.34% | 0.70x | 2.03x | CN¥20.04 Million |
| 2023 | 7.29% | 4.41% | 0.75x | 2.19x | CN¥-122.91 Million |
| 2024 | 7.78% | 3.77% | 0.81x | 2.56x | CN¥-103.93 Million |
| 2025 | 9.88% | 6.19% | 0.73x | 2.18x | CN¥-7.84 Million |
Industry Comparison
This section compares Shenzhen H&T Intelligent Control Co Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $1,240,533,446
- Average return on equity (ROE) among peers: 10.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen H&T Intelligent Control Co Ltd (002402) | CN¥7.68 Billion | 31.66% | 0.95x | $3.39 Billion |
| Shenzhen Huaqiang Industry Co Ltd (000062) | $210.47 Million | 33.49% | 2.37x | $4.86 Billion |
| Telling Telecommunication Holding Co Ltd (000829) | $3.06 Billion | -0.70% | 8.33x | $1.28 Billion |
| Unisplendour Corp Ltd (000938) | $873.71 Million | 3.66% | 1.27x | $11.39 Billion |
| Beijing Oriental Jicheng Co Ltd (002819) | $261.20 Million | 11.56% | 0.22x | $936.47 Million |
| GuangDong Rifeng Electric Cable Co Ltd (002953) | $1.25 Billion | 10.16% | 1.10x | $699.19 Million |
| Wuhan PS Information Tech (300184) | $3.73 Billion | 2.64% | 0.58x | $2.84 Billion |
| Shenyu Communication Technology Inc (300563) | $424.09 Million | 8.49% | 0.45x | $776.65 Million |
| Nanjing Sunlord Electronics Corporation LTD (300975) | $1.10 Billion | 13.56% | 0.62x | $4.15 Billion |
| Langfang Development Co Ltd (600149) | $256.12 Million | 14.58% | 1.63x | $269.80 Million |
About Shenzhen H&T Intelligent Control Co Ltd
Shenzhen H&T Intelligent Control Co.Ltd, together with its subsidiaries, researches and develops, manufactures, sells, and markets intelligent controller products in China and internationally. Its household appliances include washing machine, oven, dryer, air conditioner, air fryer, vacuum cleaner, dishwasher, stove, refrigerator, and air purifier control boards; and power tools comprise lawn mow… Read more