Shenzhen Das Intellitech Co Ltd (002421) - Net Assets

Latest as of March 2026: CN¥2.74 Billion CNY ≈ $401.47 Million USD

Based on the latest financial reports, Shenzhen Das Intellitech Co Ltd (002421) has net assets worth CN¥2.74 Billion CNY (≈ $401.47 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¥7.32 Billion ≈ $1.07 Billion USD) and total liabilities (CN¥4.58 Billion ≈ $669.64 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 002421 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.74 Billion
% of Total Assets 37.48%
Annual Growth Rate 20.73%
5-Year Change 2.57%
10-Year Change -7.25%
Growth Volatility 67.92

Shenzhen Das Intellitech Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Shenzhen Das Intellitech Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002421 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shenzhen Das Intellitech Co Ltd (2006–2025)

The table below shows the annual net assets of Shenzhen Das Intellitech Co Ltd from 2006 to 2025. For live valuation and market cap data, see 002421 stock market capitalisation.

Year Net Assets Change
2025-12-31 CN¥2.76 Billion
≈ $403.86 Million		 -22.52%
2024-12-31 CN¥3.56 Billion
≈ $521.22 Million		 -0.67%
2023-12-31 CN¥3.59 Billion
≈ $524.72 Million		 +23.72%
2022-12-31 CN¥2.90 Billion
≈ $424.13 Million		 +7.72%
2021-12-31 CN¥2.69 Billion
≈ $393.75 Million		 -15.47%
2020-12-31 CN¥3.18 Billion
≈ $465.79 Million		 +14.12%
2019-12-31 CN¥2.79 Billion
≈ $408.16 Million		 -16.15%
2018-12-31 CN¥3.33 Billion
≈ $486.79 Million		 +1.89%
2017-12-31 CN¥3.26 Billion
≈ $477.75 Million		 +9.72%
2016-12-31 CN¥2.98 Billion
≈ $435.44 Million		 +11.32%
2015-12-31 CN¥2.67 Billion
≈ $391.15 Million		 +52.97%
2014-12-31 CN¥1.75 Billion
≈ $255.71 Million		 +101.20%
2013-12-31 CN¥868.51 Million
≈ $127.09 Million		 +12.75%
2012-12-31 CN¥770.29 Million
≈ $112.72 Million		 +26.62%
2011-12-31 CN¥608.35 Million
≈ $89.02 Million		 +7.98%
2010-12-31 CN¥563.38 Million
≈ $82.44 Million		 +296.13%
2009-12-31 CN¥142.22 Million
≈ $20.81 Million		 +19.61%
2008-12-31 CN¥118.90 Million
≈ $17.40 Million		 +19.77%
2007-12-31 CN¥99.28 Million
≈ $14.53 Million		 +28.99%
2006-12-31 CN¥76.96 Million
≈ $11.26 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Das Intellitech 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 decreased by 1471.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥2.93 Billion 107.32%
Total Equity CN¥2.73 Billion 100.00%

Shenzhen Das Intellitech Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Das Intellitech Co Ltd ranked by their market capitalization.

Company Market Cap
Newag S.A.
WAR:NWG
 $1.19 Billion
Catalyst Metals Ltd
AU:CYL
 $1.19 Billion
Shanghai Emperor of Cleaning Hi-Tech Co Ltd
SHG:603200
 $1.19 Billion
Guangdong Golden Dragon Development Inc
SHE:000712
 $1.19 Billion
Orezone Gold Corporation
AU:ORE
 $1.19 Billion
Indian Energy Exchange Limited
NSE:IEX
 $1.19 Billion
BLS International Services Limited
NSE:BLS
 $1.19 Billion
Neuren Pharmaceuticals Ltd
AU:NEU
 $1.19 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Das Intellitech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,395,706,000 to 2,731,824,902, a change of -663,881,098 (-19.6%).
  • Net loss of 653,222,584 reduced equity.
  • Dividend payments of 115,954,286 reduced retained earnings.
  • Other comprehensive income decreased equity by 188,712,603.
  • Other factors increased equity by 294,008,375.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-653.22 Million -23.91%
Dividends Paid CN¥115.95 Million -4.24%
Other Comprehensive Income CN¥-188.71 Million -6.91%
Other Changes CN¥294.01 Million +10.76%
Total Change CN¥- -19.55%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Das Intellitech 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: 2.97x
  • 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 49.70x to 2.97x 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¥0.08 CN¥3.83 x
2007-12-31 CN¥0.10 CN¥3.83 x
2008-12-31 CN¥0.12 CN¥3.83 x
2009-12-31 CN¥0.14 CN¥3.83 x
2010-12-31 CN¥0.47 CN¥3.83 x
2011-12-31 CN¥0.45 CN¥3.83 x
2012-12-31 CN¥0.51 CN¥3.83 x
2013-12-31 CN¥0.56 CN¥3.83 x
2014-12-31 CN¥1.11 CN¥3.83 x
2015-12-31 CN¥1.38 CN¥3.83 x
2016-12-31 CN¥1.46 CN¥3.83 x
2017-12-31 CN¥1.61 CN¥3.83 x
2018-12-31 CN¥1.68 CN¥3.83 x
2019-12-31 CN¥1.48 CN¥3.83 x
2020-12-31 CN¥1.60 CN¥3.83 x
2021-12-31 CN¥1.32 CN¥3.83 x
2022-12-31 CN¥1.43 CN¥3.83 x
2023-12-31 CN¥1.64 CN¥3.83 x
2024-12-31 CN¥1.60 CN¥3.83 x
2025-12-31 CN¥1.29 CN¥3.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Das Intellitech 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): -23.91%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -32.26%
  • • Asset Turnover: 0.27x
  • • Equity Multiplier: 2.72x
  • Recent ROE (-23.91%) is below the historical average (5.73%), 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 14.49% 7.53% 0.83x 2.32x CN¥3.44 Million
2007 22.48% 10.46% 0.91x 2.37x CN¥12.34 Million
2008 16.52% 7.40% 1.19x 1.88x CN¥7.72 Million
2009 20.52% 9.25% 1.04x 2.14x CN¥14.91 Million
2010 5.61% 8.18% 0.43x 1.61x CN¥-24.72 Million
2011 7.40% 8.72% 0.62x 1.36x CN¥-15.82 Million
2012 11.18% 9.44% 0.68x 1.75x CN¥8.18 Million
2013 10.63% 8.13% 0.69x 1.90x CN¥4.91 Million
2014 6.93% 8.88% 0.49x 1.61x CN¥-49.60 Million
2015 6.02% 8.92% 0.35x 1.91x CN¥-101.05 Million
2016 9.80% 11.21% 0.51x 1.72x CN¥-5.54 Million
2017 10.07% 12.12% 0.47x 1.76x CN¥2.09 Million
2018 6.76% 8.58% 0.37x 2.11x CN¥-103.91 Million
2019 -12.15% -15.54% 0.34x 2.28x CN¥-625.17 Million
2020 10.20% 9.82% 0.40x 2.58x CN¥6.07 Million
2021 -19.87% -15.79% 0.37x 3.38x CN¥-751.14 Million
2022 7.77% 5.89% 0.39x 3.36x CN¥-60.85 Million
2023 3.36% 2.99% 0.40x 2.83x CN¥-226.76 Million
2024 0.76% 0.82% 0.33x 2.84x CN¥-313.69 Million
2025 -23.91% -32.26% 0.27x 2.72x CN¥-926.41 Million

Industry Comparison

This section compares Shenzhen Das Intellitech Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $1,287,784,802
  • Average return on equity (ROE) among peers: 10.39%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Das Intellitech Co Ltd (002421) CN¥2.74 Billion 14.49% 1.67x $1.19 Billion
Digital China Group Co Ltd (000034) $106.09 Million 15.80% 2.57x $2.82 Billion
ZJBC Information Technology Co Ltd (000889) $2.25 Billion 6.83% 0.51x $550.78 Million
Yunnan Nantian Electronics Information Co Ltd (000948) $581.96 Million 5.63% 1.59x $717.16 Million
Guomai Technologies Inc (002093) $128.76 Million 18.12% 0.86x $1.02 Billion
Shanghai HiTech Control System (002184) $157.63 Million 23.72% 1.02x $535.55 Million
SZZT Electronics Co Ltd (002197) $2.77 Billion 1.96% 0.71x $560.98 Million
Talkweb Information System Co Ltd (002261) $2.58 Billion -3.89% 1.09x $5.63 Billion
Westone Information Industry Inc (002268) $1.28 Billion 9.30% 0.50x $1.64 Billion
Taiji Computer Corp Ltd (002368) $1.88 Billion 9.40% 1.05x $1.55 Billion
COSCO SHIPPING Technology Co Ltd (002401) $1.14 Billion 16.98% 2.15x $706.48 Million

About Shenzhen Das Intellitech Co Ltd

SHE:002421 China Information Technology Services
Market Cap
$1.19 Billion
CN¥8.12 Billion CNY
Market Cap Rank
#8314 Global
#2026 in China
Share Price
CN¥3.83
Change (1 day)
+0.00%
52-Week Range
CN¥2.45 - CN¥5.73
All Time High
CN¥7.92
Categories
Companies in China Information Technology Services Technology AI & Machine Learning
About

Shenzhen Das Intellitech Co., Ltd. engages in the provision of smart space technology, Internet of Things (IoT) technology software and hardware products, and solutions and services in China and internationally. The company offers applications, such as C3 IoT identification; smart workplace; information release systems; EMC007 AI-enabled chiller; smart ticketless parking; Das Jiuxin smart operati… Read more