Shenzhen Kstar Science & Technology Co Ltd
Shenzhen KSTAR Science and Technology Co., Ltd. researches, develops, processes, and sells UPS, solar inverters and UPS supporting valve-controlled seals products in the People's Republic of China and internationally. The company offers uninterruptible power supply (UPS) products, such as line interactive, online transformer-less, modular, online transformer-based, UPS Software, NA UPS, and Lithi… Read more
Shenzhen Kstar Science & Technology Co Ltd (002518) - Net Assets
Latest net assets as of September 2025: CN¥4.74 Billion CNY
Based on the latest financial reports, Shenzhen Kstar Science & Technology Co Ltd (002518) has net assets worth CN¥4.74 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.30 Billion) and total liabilities (CN¥2.56 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.74 Billion |
| % of Total Assets | 64.95% |
| Annual Growth Rate | 24.48% |
| 5-Year Change | 57.54% |
| 10-Year Change | 150.9% |
| Growth Volatility | 102.39 |
Shenzhen Kstar Science & Technology Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Kstar Science & Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen Kstar Science & Technology Co Ltd (2007–2024)
The table below shows the annual net assets of Shenzhen Kstar Science & Technology Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.43 Billion | +2.82% |
| 2023-12-31 | CN¥4.31 Billion | +19.30% |
| 2022-12-31 | CN¥3.61 Billion | +16.43% |
| 2021-12-31 | CN¥3.10 Billion | +10.30% |
| 2020-12-31 | CN¥2.81 Billion | +7.15% |
| 2019-12-31 | CN¥2.63 Billion | +8.26% |
| 2018-12-31 | CN¥2.43 Billion | +6.88% |
| 2017-12-31 | CN¥2.27 Billion | +13.65% |
| 2016-12-31 | CN¥2.00 Billion | +13.04% |
| 2015-12-31 | CN¥1.77 Billion | +12.02% |
| 2014-12-31 | CN¥1.58 Billion | +9.92% |
| 2013-12-31 | CN¥1.43 Billion | +9.81% |
| 2012-12-31 | CN¥1.31 Billion | +4.58% |
| 2011-12-31 | CN¥1.25 Billion | +5.77% |
| 2010-12-31 | CN¥1.18 Billion | +446.32% |
| 2009-12-31 | CN¥216.17 Million | +53.39% |
| 2008-12-31 | CN¥140.93 Million | +31.69% |
| 2007-12-31 | CN¥107.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Kstar Science & 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 17156.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.92 Billion | 67.12% |
| Common Stock | CN¥582.23 Million | 13.39% |
| Other Components | CN¥847.51 Million | 19.49% |
| Total Equity | CN¥4.35 Billion | 100.00% |
Shenzhen Kstar Science & Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Kstar Science & Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
$1.49 Billion |
|
Worthington Industries Inc
NYSE:WOR
|
$1.49 Billion |
|
Ningxia Jiaze Renewables Corp
SHG:601619
|
$1.49 Billion |
|
NAPCO Security Technologies Inc
NASDAQ:NSSC
|
$1.49 Billion |
|
Financière Amuse TopCo SAS
ST:ASMDEE-B
|
$1.49 Billion |
|
LuxNet
TWO:4979
|
$1.49 Billion |
|
Flat Glass Group Co. Ltd
PINK:FGSGF
|
$1.49 Billion |
|
Pearl Abyss Corp
KQ:263750
|
$1.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Kstar Science & Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,221,819,406 to 4,348,717,722, a change of 126,898,316 (3.0%).
- Net income of 394,204,451 contributed positively to equity growth.
- Dividend payments of 263,282,292 reduced retained earnings.
- Share repurchases of 103,531,260 reduced equity.
- Other factors increased equity by 99,507,417.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥394.20 Million | +9.06% |
| Dividends Paid | CN¥263.28 Million | -6.05% |
| Share Repurchases | CN¥103.53 Million | -2.38% |
| Other Changes | CN¥99.51 Million | +2.29% |
| Total Change | CN¥- | 3.01% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Kstar Science & 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: 6.36x
- 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 176.21x to 6.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.27 | CN¥47.69 | x |
| 2008-12-31 | CN¥0.36 | CN¥47.69 | x |
| 2009-12-31 | CN¥0.55 | CN¥47.69 | x |
| 2010-12-31 | CN¥2.79 | CN¥47.69 | x |
| 2011-12-31 | CN¥2.19 | CN¥47.69 | x |
| 2012-12-31 | CN¥2.26 | CN¥47.69 | x |
| 2013-12-31 | CN¥2.51 | CN¥47.69 | x |
| 2014-12-31 | CN¥2.72 | CN¥47.69 | x |
| 2015-12-31 | CN¥2.98 | CN¥47.69 | x |
| 2016-12-31 | CN¥3.40 | CN¥47.69 | x |
| 2017-12-31 | CN¥3.90 | CN¥47.69 | x |
| 2018-12-31 | CN¥4.21 | CN¥47.69 | x |
| 2019-12-31 | CN¥4.50 | CN¥47.69 | x |
| 2020-12-31 | CN¥4.82 | CN¥47.69 | x |
| 2021-12-31 | CN¥5.26 | CN¥47.69 | x |
| 2022-12-31 | CN¥6.09 | CN¥47.69 | x |
| 2023-12-31 | CN¥7.24 | CN¥47.69 | x |
| 2024-12-31 | CN¥7.50 | CN¥47.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Kstar Science & 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): 9.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.48%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.65x
- Recent ROE (9.06%) is below the historical average (14.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 30.83% | 7.79% | 1.48x | 2.66x | CN¥22.29 Million |
| 2008 | 29.74% | 7.63% | 1.65x | 2.37x | CN¥27.82 Million |
| 2009 | 28.42% | 11.58% | 1.11x | 2.22x | CN¥39.82 Million |
| 2010 | 6.71% | 11.80% | 0.46x | 1.25x | CN¥-38.74 Million |
| 2011 | 6.85% | 8.97% | 0.62x | 1.23x | CN¥-38.71 Million |
| 2012 | 7.12% | 9.80% | 0.57x | 1.28x | CN¥-36.98 Million |
| 2013 | 8.98% | 10.81% | 0.57x | 1.45x | CN¥-14.38 Million |
| 2014 | 9.82% | 10.99% | 0.64x | 1.40x | CN¥-2.86 Million |
| 2015 | 13.41% | 15.29% | 0.60x | 1.45x | CN¥59.39 Million |
| 2016 | 15.02% | 16.90% | 0.62x | 1.43x | CN¥98.83 Million |
| 2017 | 16.40% | 13.61% | 0.72x | 1.69x | CN¥145.00 Million |
| 2018 | 9.51% | 8.48% | 0.77x | 1.46x | CN¥-11.81 Million |
| 2019 | 12.25% | 12.29% | 0.64x | 1.55x | CN¥58.80 Million |
| 2020 | 10.80% | 12.51% | 0.59x | 1.47x | CN¥22.54 Million |
| 2021 | 12.19% | 13.30% | 0.57x | 1.62x | CN¥66.96 Million |
| 2022 | 18.51% | 14.92% | 0.71x | 1.75x | CN¥301.82 Million |
| 2023 | 20.03% | 15.54% | 0.79x | 1.63x | CN¥423.30 Million |
| 2024 | 9.06% | 9.48% | 0.58x | 1.65x | CN¥-40.67 Million |
Industry Comparison
This section compares Shenzhen Kstar Science & Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Kstar Science & Technology Co Ltd (002518) | CN¥4.74 Billion | 30.83% | 0.54x | $1.49 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |