Shenzhen Kstar Science & Technology Co Ltd (002518) - Net Assets

Latest as of March 2026: CN¥5.07 Billion CNY ≈ $741.33 Million USD

Based on the latest financial reports, Shenzhen Kstar Science & Technology Co Ltd (002518) has net assets worth CN¥5.07 Billion CNY (≈ $741.33 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¥8.10 Billion ≈ $1.19 Billion USD) and total liabilities (CN¥3.03 Billion ≈ $443.90 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 002518 strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥5.07 Billion
% of Total Assets	62.55%
Annual Growth Rate	23.69%
5-Year Change	58.39%
10-Year Change	146.15%
Growth Volatility	99.72

Shenzhen Kstar Science & Technology Co Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Shenzhen Kstar Science & Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002518 market cap overview.

Annual Net Assets for Shenzhen Kstar Science & Technology Co Ltd (2007–2025)

The table below shows the annual net assets of Shenzhen Kstar Science & Technology Co Ltd from 2007 to 2025. Also explore 002518 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥4.91 Billion ≈ $719.16 Million	+10.90%
2024-12-31	CN¥4.43 Billion ≈ $648.48 Million	+2.82%
2023-12-31	CN¥4.31 Billion ≈ $630.70 Million	+19.30%
2022-12-31	CN¥3.61 Billion ≈ $528.66 Million	+16.43%
2021-12-31	CN¥3.10 Billion ≈ $454.05 Million	+10.30%
2020-12-31	CN¥2.81 Billion ≈ $411.64 Million	+7.15%
2019-12-31	CN¥2.63 Billion ≈ $384.18 Million	+8.36%
2018-12-31	CN¥2.42 Billion ≈ $354.54 Million	+6.78%
2017-12-31	CN¥2.27 Billion ≈ $332.03 Million	+13.65%
2016-12-31	CN¥2.00 Billion ≈ $292.16 Million	+13.04%
2015-12-31	CN¥1.77 Billion ≈ $258.46 Million	+13.10%
2014-12-31	CN¥1.56 Billion ≈ $228.53 Million	+8.87%
2013-12-31	CN¥1.43 Billion ≈ $209.91 Million	+9.81%
2012-12-31	CN¥1.31 Billion ≈ $191.15 Million	+4.58%
2011-12-31	CN¥1.25 Billion ≈ $182.78 Million	+5.77%
2010-12-31	CN¥1.18 Billion ≈ $172.81 Million	+446.32%
2009-12-31	CN¥216.17 Million ≈ $31.63 Million	+53.39%
2008-12-31	CN¥140.93 Million ≈ $20.62 Million	+31.69%
2007-12-31	CN¥107.02 Million ≈ $15.66 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 19976.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.40 Billion	70.35%
Other Components	CN¥1.43 Billion	29.65%
Total Equity	CN¥4.83 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
Norte Grande SN:NORTEGRAN	$3.22 Billion
Yongxing Special Stainless Steel Co Ltd SHE:002756	$3.22 Billion
Star Bulk Carriers Corp NASDAQ:SBLK	$3.22 Billion
Sumber Alfaria Trijaya Tbk JK:AMRT	$3.22 Billion
Jiangsu Nhwa Pharmaceutical Co Ltd SHE:002262	$3.22 Billion
First Financial Bancorp NASDAQ:FFBC	$3.22 Billion
Universal Microwave Technology TWO:3491	$3.22 Billion
Hiab B HE:HIAB	$3.22 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 2024 to 2025, total equity changed from 4,348,717,722 to 4,826,963,462, a change of 478,245,740 (11.0%).
Net income of 610,887,824 contributed positively to equity growth.
Dividend payments of 135,189,272 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥610.89 Million	+12.66%
Dividends Paid	CN¥135.19 Million	-2.8%
Other Changes	CN¥2.55 Million	+0.05%
Total Change	CN¥-	11.00%

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: 4.56x
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 139.70x to 4.56x 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¥37.81	x
2008-12-31	CN¥0.36	CN¥37.81	x
2009-12-31	CN¥0.55	CN¥37.81	x
2010-12-31	CN¥2.79	CN¥37.81	x
2011-12-31	CN¥2.19	CN¥37.81	x
2012-12-31	CN¥2.26	CN¥37.81	x
2013-12-31	CN¥2.51	CN¥37.81	x
2014-12-31	CN¥2.69	CN¥37.81	x
2015-12-31	CN¥2.98	CN¥37.81	x
2016-12-31	CN¥3.40	CN¥37.81	x
2017-12-31	CN¥3.90	CN¥37.81	x
2018-12-31	CN¥4.20	CN¥37.81	x
2019-12-31	CN¥4.50	CN¥37.81	x
2020-12-31	CN¥4.82	CN¥37.81	x
2021-12-31	CN¥5.26	CN¥37.81	x
2022-12-31	CN¥6.09	CN¥37.81	x
2023-12-31	CN¥7.24	CN¥37.81	x
2024-12-31	CN¥7.50	CN¥37.81	x
2025-12-31	CN¥8.29	CN¥37.81	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): 12.66%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.59%
• Asset Turnover: 0.67x
• Equity Multiplier: 1.63x
Recent ROE (12.66%) is below the historical average (14.65%), 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	9.91%	10.99%	0.64x	1.41x	CN¥-1.35 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	9.52%	8.48%	0.77x	1.46x	CN¥-11.58 Million
2019	12.25%	12.29%	0.64x	1.55x	CN¥58.80 Million
2020	10.80%	12.51%	0.58x	1.48x	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
2025	12.66%	11.59%	0.67x	1.63x	CN¥128.19 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: $3,361,168,738
Average return on equity (ROE) among peers: 5.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shenzhen Kstar Science & Technology Co Ltd (002518)	CN¥5.07 Billion	30.83%	0.60x	$3.22 Billion
XJ Electric Co Ltd (000400)	$2.06 Billion	5.67%	0.94x	$3.03 Billion
Guangdong Macro Co Ltd (000533)	$118.83 Million	0.00%	3.89x	$1.09 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.81 Billion	9.38%	0.11x	$883.45 Million
Dongfang Electronics Co Ltd (000682)	$5.03 Billion	10.76%	1.22x	$2.10 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.53 Billion	4.09%	0.63x	$731.80 Million
Huagong Tech Co Ltd (000988)	$7.43 Billion	10.24%	0.87x	$15.56 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$873.58 Million	10.72%	0.86x	$1.27 Billion
Sieyuan Electric Co Ltd (002028)	$4.51 Billion	5.52%	0.51x	$15.39 Billion
Shanghai Welltech Automation Co Ltd (002058)	$190.71 Million	2.39%	0.15x	$352.65 Million
Gotion High tech Co Ltd (002074)	$9.06 Billion	0.57%	1.78x	$6.86 Billion

About Shenzhen Kstar Science & Technology Co Ltd

SHE:002518 China Electrical Equipment & Parts

Market Cap

$3.22 Billion

CN¥22.01 Billion CNY

Market Cap Rank

#4719 Global

#763 in China

Share Price

CN¥37.81

Change (1 day)

+2.19%

52-Week Range

CN¥29.73 - CN¥64.47

All Time High

CN¥64.47