Shenzhen Aisidi Co Ltd (002416) - Net Assets
Based on the latest financial reports, Shenzhen Aisidi Co Ltd (002416) has net assets worth CN¥6.13 Billion CNY (≈ $896.63 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¥12.81 Billion ≈ $1.87 Billion USD) and total liabilities (CN¥6.69 Billion ≈ $978.33 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 asset resilience ratio of Shenzhen Aisidi Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.13 Billion |
| % of Total Assets | 47.82% |
| Annual Growth Rate | 19.32% |
| 5-Year Change | 14.94% |
| 10-Year Change | 45.04% |
| Growth Volatility | 68.45 |
Shenzhen Aisidi Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shenzhen Aisidi Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Shenzhen Aisidi Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Aisidi Co Ltd (2006–2024)
The table below shows the annual net assets of Shenzhen Aisidi Co Ltd from 2006 to 2024. For live valuation and market cap data, see Shenzhen Aisidi Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.49 Billion ≈ $950.31 Million |
+1.63% |
| 2023-12-31 | CN¥6.39 Billion ≈ $935.07 Million |
+1.49% |
| 2022-12-31 | CN¥6.30 Billion ≈ $921.33 Million |
+3.92% |
| 2021-12-31 | CN¥6.06 Billion ≈ $886.55 Million |
+7.23% |
| 2020-12-31 | CN¥5.65 Billion ≈ $826.79 Million |
+13.27% |
| 2019-12-31 | CN¥4.99 Billion ≈ $729.95 Million |
-2.36% |
| 2018-12-31 | CN¥5.11 Billion ≈ $747.62 Million |
-7.90% |
| 2017-12-31 | CN¥5.55 Billion ≈ $811.76 Million |
+2.63% |
| 2016-12-31 | CN¥5.41 Billion ≈ $790.97 Million |
+20.72% |
| 2015-12-31 | CN¥4.48 Billion ≈ $655.21 Million |
+3.52% |
| 2014-12-31 | CN¥4.33 Billion ≈ $632.93 Million |
-9.55% |
| 2013-12-31 | CN¥4.78 Billion ≈ $699.73 Million |
+20.38% |
| 2012-12-31 | CN¥3.97 Billion ≈ $581.28 Million |
-12.08% |
| 2011-12-31 | CN¥4.52 Billion ≈ $661.12 Million |
+14.03% |
| 2010-12-31 | CN¥3.96 Billion ≈ $579.79 Million |
+252.97% |
| 2009-12-31 | CN¥1.12 Billion ≈ $164.26 Million |
+77.07% |
| 2008-12-31 | CN¥633.94 Million ≈ $92.76 Million |
+170.47% |
| 2007-12-31 | CN¥234.38 Million ≈ $34.30 Million |
-13.29% |
| 2006-12-31 | CN¥270.31 Million ≈ $39.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Aisidi 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 1295.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.65 Billion | 43.33% |
| Common Stock | CN¥1.24 Billion | 20.26% |
| Other Comprehensive Income | CN¥607.76 Million | 9.94% |
| Other Components | CN¥1.62 Billion | 26.48% |
| Total Equity | CN¥6.12 Billion | 100.00% |
Shenzhen Aisidi Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Aisidi Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Marine Information Electronics Co Ltd
SHG:600764
|
$2.53 Billion |
|
Insight Enterprises Inc
NASDAQ:NSIT
|
$2.53 Billion |
|
Guangdong Feinan Resources Recycling Co Ltd
SHE:301500
|
$2.53 Billion |
|
Companhia de Gás de São Paulo - COMGÁS
SA:CGAS3
|
$2.53 Billion |
|
Sai Gon Ha Noi Commercial Joint Stock Bank
VN:SHB
|
$2.53 Billion |
|
Veidekke ASA
OL:VEI
|
$2.53 Billion |
|
Arcadis N.V.
AS:ARCAD
|
$2.53 Billion |
|
Jiayou International Logistics Co Ltd
SHG:603871
|
$2.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Aisidi Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,964,441,083 to 6,117,324,142, a change of 152,883,059 (2.6%).
- Net income of 581,486,839 contributed positively to equity growth.
- Dividend payments of 612,027,434 reduced retained earnings.
- Other comprehensive income increased equity by 628,486,912.
- Other factors decreased equity by 445,063,258.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥581.49 Million | +9.51% |
| Dividends Paid | CN¥612.03 Million | -10.0% |
| Other Comprehensive Income | CN¥628.49 Million | +10.27% |
| Other Changes | CN¥-445.06 Million | -7.28% |
| Total Change | CN¥- | 2.56% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Aisidi 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: 2.83x
- 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 39.86x to 2.83x 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¥0.35 | CN¥13.95 | x |
| 2007-12-31 | CN¥0.24 | CN¥13.95 | x |
| 2008-12-31 | CN¥0.59 | CN¥13.95 | x |
| 2009-12-31 | CN¥1.05 | CN¥13.95 | x |
| 2010-12-31 | CN¥3.39 | CN¥13.95 | x |
| 2011-12-31 | CN¥3.61 | CN¥13.95 | x |
| 2012-12-31 | CN¥3.18 | CN¥13.95 | x |
| 2013-12-31 | CN¥3.83 | CN¥13.95 | x |
| 2014-12-31 | CN¥3.56 | CN¥13.95 | x |
| 2015-12-31 | CN¥3.73 | CN¥13.95 | x |
| 2016-12-31 | CN¥4.35 | CN¥13.95 | x |
| 2017-12-31 | CN¥4.35 | CN¥13.95 | x |
| 2018-12-31 | CN¥3.97 | CN¥13.95 | x |
| 2019-12-31 | CN¥4.00 | CN¥13.95 | x |
| 2020-12-31 | CN¥4.37 | CN¥13.95 | x |
| 2021-12-31 | CN¥4.66 | CN¥13.95 | x |
| 2022-12-31 | CN¥4.78 | CN¥13.95 | x |
| 2023-12-31 | CN¥4.81 | CN¥13.95 | x |
| 2024-12-31 | CN¥4.94 | CN¥13.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Aisidi 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): 9.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.88%
- • Asset Turnover: 5.52x
- • Equity Multiplier: 1.95x
- Recent ROE (9.51%) is below the historical average (15.89%), 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 | 27.38% | 2.19% | 3.22x | 3.87x | CN¥44.49 Million |
| 2007 | 53.20% | 2.84% | 4.31x | 4.35x | CN¥101.19 Million |
| 2008 | 63.07% | 5.48% | 5.11x | 2.25x | CN¥336.42 Million |
| 2009 | 43.00% | 5.46% | 3.15x | 2.50x | CN¥367.02 Million |
| 2010 | 15.50% | 5.48% | 2.44x | 1.16x | CN¥211.85 Million |
| 2011 | 8.31% | 2.79% | 2.00x | 1.49x | CN¥-73.21 Million |
| 2012 | -6.82% | -1.33% | 2.63x | 1.96x | CN¥-640.81 Million |
| 2013 | 17.09% | 1.94% | 3.39x | 2.60x | CN¥325.33 Million |
| 2014 | 0.68% | 0.06% | 5.41x | 2.08x | CN¥-400.69 Million |
| 2015 | 3.15% | 0.28% | 4.74x | 2.34x | CN¥-306.23 Million |
| 2016 | 3.56% | 0.39% | 4.88x | 1.88x | CN¥-339.35 Million |
| 2017 | 7.04% | 0.67% | 4.55x | 2.32x | CN¥-159.67 Million |
| 2018 | -1.88% | -0.16% | 5.56x | 2.08x | CN¥-584.90 Million |
| 2019 | 6.94% | 0.61% | 5.47x | 2.06x | CN¥-151.78 Million |
| 2020 | 12.94% | 1.09% | 5.68x | 2.09x | CN¥159.04 Million |
| 2021 | 15.95% | 0.97% | 6.20x | 2.65x | CN¥344.02 Million |
| 2022 | 12.32% | 0.80% | 6.33x | 2.44x | CN¥137.71 Million |
| 2023 | 10.99% | 0.71% | 7.40x | 2.09x | CN¥58.84 Million |
| 2024 | 9.51% | 0.88% | 5.52x | 1.95x | CN¥-30.25 Million |
Industry Comparison
This section compares Shenzhen Aisidi Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $11,035,801,433
- Average return on equity (ROE) among peers: 10.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Aisidi Co Ltd (002416) | CN¥6.13 Billion | 27.38% | 1.09x | $2.53 Billion |
| Suning Commerce Group Co Ltd (002024) | $88.21 Billion | 15.11% | 1.26x | $1.78 Billion |
| Haining China Leather Market Co Ltd (002344) | $143.30 Million | 24.76% | 7.69x | $831.45 Million |
| Zhejiang Aishida Electric Co Ltd (002403) | $1.59 Billion | 3.79% | 0.32x | $581.70 Million |
| Beijing Sanfo Outdoor Products Co Ltd (002780) | $149.85 Million | 18.54% | 0.39x | $389.48 Million |
| Doctorglasses Chain Co Ltd (300622) | $692.37 Million | 10.95% | 0.41x | $857.90 Million |
| BYBON Group Co Ltd Class A (300736) | $403.07 Million | 6.71% | 0.17x | $626.59 Million |
| Kidswant Children Products Co.Ltd. (301078) | $3.30 Billion | 3.19% | 1.91x | $1.62 Billion |
| Ziel Home Furnishing Technology Co. Ltd. A (301376) | $3.23 Billion | 10.34% | 0.94x | $1.04 Billion |
| Jiangsu Holly Corp (600128) | $1.61 Billion | 4.11% | 0.78x | $389.68 Million |
About Shenzhen Aisidi Co Ltd
Shenzhen Aisidi Co., Ltd. provides digital distribution and retail services in China and internationally. The company operates in two segments, Digital distribution and Digital retail. It offers mobile smart terminals, 3C digital products, communications and value-added services, and fast-moving consumer goods with mobile phones. The company is also involved in Apple retail stores, electronic vap… Read more