Shenzhen Jieshun Science and Technology Industry Co Ltd

SHE:002609 China Scientific & Technical Instruments
Market Cap
$776.10 Million
CN¥5.69 Billion CNY
Market Cap Rank
#11631 Global
#2770 in China
Share Price
CN¥8.85
Change (1 day)
-1.78%
52-Week Range
CN¥7.92 - CN¥12.11
All Time High
CN¥20.64
About

Shenzhen Jieshun Science and Technology Industry Co.,Ltd. provides smart parking and access control solutions worldwide. It offers entrance and exit control solutions, that includes parking management systems, parking guidance systems, barrier gates, pedestrian gates, access control, EV chargers, and a unified cloud-based platform for centralized monitoring and management. The company provides sm… Read more

Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) - Net Assets

Latest net assets as of September 2025: CN¥2.53 Billion CNY

Based on the latest financial reports, Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) has net assets worth CN¥2.53 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¥3.99 Billion) and total liabilities (CN¥1.46 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¥2.53 Billion
% of Total Assets 63.43%
Annual Growth Rate 19.57%
5-Year Change 8.38%
10-Year Change 156.84%
Growth Volatility 57.98

Shenzhen Jieshun Science and Technology Industry Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Shenzhen Jieshun Science and Technology Industry 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 Jieshun Science and Technology Industry Co Ltd (2007–2024)

The table below shows the annual net assets of Shenzhen Jieshun Science and Technology Industry Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.50 Billion -2.98%
2023-12-31 CN¥2.58 Billion +4.47%
2022-12-31 CN¥2.47 Billion +1.40%
2021-12-31 CN¥2.43 Billion +5.45%
2020-12-31 CN¥2.31 Billion +8.59%
2019-12-31 CN¥2.13 Billion +3.67%
2018-12-31 CN¥2.05 Billion -9.61%
2017-12-31 CN¥2.27 Billion +8.46%
2016-12-31 CN¥2.09 Billion +114.70%
2015-12-31 CN¥974.27 Million +19.16%
2014-12-31 CN¥817.63 Million +12.60%
2013-12-31 CN¥726.11 Million +9.69%
2012-12-31 CN¥661.98 Million +6.99%
2011-12-31 CN¥618.71 Million +234.07%
2010-12-31 CN¥185.20 Million +16.42%
2009-12-31 CN¥159.08 Million +7.18%
2008-12-31 CN¥148.43 Million +23.88%
2007-12-31 CN¥119.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Jieshun Science and Technology Industry 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 1572.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥611.11 Million 25.71%
Common Stock CN¥645.36 Million 27.15%
Other Components CN¥1.12 Billion 47.14%
Total Equity CN¥2.38 Billion 100.00%

Shenzhen Jieshun Science and Technology Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Jieshun Science and Technology Industry Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Jieshun Science and Technology Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,453,191,935 to 2,376,779,413, a change of -76,412,522 (-3.1%).
  • Net income of 31,386,543 contributed positively to equity growth.
  • Dividend payments of 86,775,404 reduced retained earnings.
  • Share repurchases of 35,067,051 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥31.39 Million +1.32%
Dividends Paid CN¥86.78 Million -3.65%
Share Repurchases CN¥35.07 Million -1.48%
Other Changes CN¥14.04 Million +0.59%
Total Change CN¥- -3.11%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Jieshun Science and Technology Industry 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: 2.40x
  • 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 30.00x to 2.40x 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¥0.30 CN¥8.85 x
2008-12-31 CN¥0.35 CN¥8.85 x
2009-12-31 CN¥0.38 CN¥8.85 x
2010-12-31 CN¥0.44 CN¥8.85 x
2011-12-31 CN¥1.30 CN¥8.85 x
2012-12-31 CN¥1.15 CN¥8.85 x
2013-12-31 CN¥1.25 CN¥8.85 x
2014-12-31 CN¥1.39 CN¥8.85 x
2015-12-31 CN¥1.68 CN¥8.85 x
2016-12-31 CN¥3.50 CN¥8.85 x
2017-12-31 CN¥3.35 CN¥8.85 x
2018-12-31 CN¥2.93 CN¥8.85 x
2019-12-31 CN¥3.18 CN¥8.85 x
2020-12-31 CN¥3.43 CN¥8.85 x
2021-12-31 CN¥3.62 CN¥8.85 x
2022-12-31 CN¥3.90 CN¥8.85 x
2023-12-31 CN¥3.78 CN¥8.85 x
2024-12-31 CN¥3.69 CN¥8.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Jieshun Science and Technology Industry 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): 1.32%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.99%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 1.55x
  • Recent ROE (1.32%) is below the historical average (11.60%), 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 33.90% 19.87% 1.13x 1.51x CN¥28.63 Million
2008 21.43% 14.33% 0.94x 1.59x CN¥16.97 Million
2009 22.65% 14.75% 1.00x 1.54x CN¥20.12 Million
2010 27.75% 16.59% 1.07x 1.57x CN¥32.87 Million
2011 6.89% 11.12% 0.52x 1.19x CN¥-19.27 Million
2012 8.41% 13.50% 0.50x 1.24x CN¥-10.50 Million
2013 9.96% 15.68% 0.49x 1.29x CN¥-254.97K
2014 12.26% 18.16% 0.49x 1.36x CN¥18.34 Million
2015 14.89% 22.16% 0.52x 1.29x CN¥47.38 Million
2016 8.73% 23.23% 0.32x 1.18x CN¥-26.43 Million
2017 9.24% 22.00% 0.36x 1.16x CN¥-17.13 Million
2018 4.78% 10.47% 0.35x 1.29x CN¥-103.40 Million
2019 6.93% 12.23% 0.42x 1.34x CN¥-63.10 Million
2020 7.22% 11.66% 0.43x 1.43x CN¥-61.63 Million
2021 6.91% 10.72% 0.42x 1.53x CN¥-72.03 Million
2022 1.05% 1.80% 0.36x 1.62x CN¥-211.13 Million
2023 4.58% 6.83% 0.41x 1.63x CN¥-133.05 Million
2024 1.32% 1.99% 0.43x 1.55x CN¥-206.29 Million

Industry Comparison

This section compares Shenzhen Jieshun Science and Technology Industry Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.

Industry Context

  • Industry: Scientific & Technical Instruments
  • Average net assets among peers: $1,888,054,194
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) CN¥2.53 Billion 33.90% 0.58x $381.03 Million
Beijing BDStar Navigation Co Ltd (002151) $4.48 Billion 1.15% 0.26x $2.26 Billion
Oriental Times Media Corp (002175) $578.16 Million 7.60% 0.24x $500.93 Million
Changchun UP Optotech Co Ltd (002338) $636.42 Million 8.42% 0.22x $867.41 Million
Nanjing Sciyon Automation Group Co Ltd (002380) $200.70 Million 25.18% 0.59x $563.18 Million
Jiangsu Changfa Refrigeration Co Ltd (002413) $156.57 Million 19.34% 3.25x $2.17 Billion
Wuhan Guide Infrared Co Ltd (002414) $7.12 Billion 7.05% 0.25x $2.87 Billion
Beijing SDL Technology Co Ltd (002658) $2.23 Billion 6.74% 0.45x $332.56 Million
Shenzhen Soling Industrial Co Ltd (002766) $806.87 Million 7.44% 0.44x $390.32 Million
Hangzhou Innover Technology Co Ltd (002767) $774.88 Million 3.00% 0.32x $181.69 Million