Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) - Net Assets
Based on the latest financial reports, Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) has net assets worth CN¥2.53 Billion CNY (≈ $370.44 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¥3.99 Billion ≈ $584.03 Million USD) and total liabilities (CN¥1.46 Billion ≈ $213.59 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 002609 financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Shenzhen Jieshun Science and Technology for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Shenzhen Jieshun Science and Technology (002609) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.50 Billion ≈ $366.16 Million |
-2.98% |
| 2023-12-31 | CN¥2.58 Billion ≈ $377.40 Million |
+4.47% |
| 2022-12-31 | CN¥2.47 Billion ≈ $361.25 Million |
+1.40% |
| 2021-12-31 | CN¥2.43 Billion ≈ $356.26 Million |
+5.45% |
| 2020-12-31 | CN¥2.31 Billion ≈ $337.85 Million |
+8.59% |
| 2019-12-31 | CN¥2.13 Billion ≈ $311.11 Million |
+3.67% |
| 2018-12-31 | CN¥2.05 Billion ≈ $300.09 Million |
-9.61% |
| 2017-12-31 | CN¥2.27 Billion ≈ $331.99 Million |
+8.46% |
| 2016-12-31 | CN¥2.09 Billion ≈ $306.09 Million |
+114.70% |
| 2015-12-31 | CN¥974.27 Million ≈ $142.57 Million |
+19.16% |
| 2014-12-31 | CN¥817.63 Million ≈ $119.64 Million |
+12.60% |
| 2013-12-31 | CN¥726.11 Million ≈ $106.25 Million |
+9.69% |
| 2012-12-31 | CN¥661.98 Million ≈ $96.87 Million |
+6.99% |
| 2011-12-31 | CN¥618.71 Million ≈ $90.54 Million |
+234.07% |
| 2010-12-31 | CN¥185.20 Million ≈ $27.10 Million |
+16.42% |
| 2009-12-31 | CN¥159.08 Million ≈ $23.28 Million |
+7.18% |
| 2008-12-31 | CN¥148.43 Million ≈ $21.72 Million |
+23.88% |
| 2007-12-31 | CN¥119.81 Million ≈ $17.53 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.
| Company | Market Cap |
|---|---|
|
Guangdong Fangyuan Environment Co. Ltd. A
SHG:688148
|
$810.00 Million |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
$810.03 Million |
|
PolyPeptide Group AG
SW:PPGN
|
$810.06 Million |
|
Xiamen Red Phase Instruments Inc
SHE:300427
|
$810.35 Million |
|
Zhejiang Zhengguang Industrial Co. Ltd.
SHE:301092
|
$809.72 Million |
|
Zhejiang Int'L Group Co Ltd
SHE:000411
|
$809.52 Million |
|
Zhangjiagang Guangda Special Material Co Ltd
SHG:688186
|
$809.40 Million |
|
Pan-International Industrial Corp
TW:2328
|
$809.19 Million |
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: 2.33x
- 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 29.15x to 2.33x 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¥8.60 | x |
| 2008-12-31 | CN¥0.35 | CN¥8.60 | x |
| 2009-12-31 | CN¥0.38 | CN¥8.60 | x |
| 2010-12-31 | CN¥0.44 | CN¥8.60 | x |
| 2011-12-31 | CN¥1.30 | CN¥8.60 | x |
| 2012-12-31 | CN¥1.15 | CN¥8.60 | x |
| 2013-12-31 | CN¥1.25 | CN¥8.60 | x |
| 2014-12-31 | CN¥1.39 | CN¥8.60 | x |
| 2015-12-31 | CN¥1.68 | CN¥8.60 | x |
| 2016-12-31 | CN¥3.50 | CN¥8.60 | x |
| 2017-12-31 | CN¥3.35 | CN¥8.60 | x |
| 2018-12-31 | CN¥2.93 | CN¥8.60 | x |
| 2019-12-31 | CN¥3.18 | CN¥8.60 | x |
| 2020-12-31 | CN¥3.43 | CN¥8.60 | x |
| 2021-12-31 | CN¥3.62 | CN¥8.60 | x |
| 2022-12-31 | CN¥3.90 | CN¥8.60 | x |
| 2023-12-31 | CN¥3.78 | CN¥8.60 | x |
| 2024-12-31 | CN¥3.69 | CN¥8.60 | 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: $1,159,667,150
- Average return on equity (ROE) among peers: 3.35%
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 | $809.74 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $488.15 Million | 22.00% | 0.35x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $787.42 Million | 9.61% | 0.21x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $122.29 Million | 26.99% | 0.76x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $369.67 Million | 22.71% | 0.27x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $4.96 Billion | -4.85% | 0.30x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $231.61 Million | 45.18% | 0.48x | $9.27 Billion |
| Beijing SDL Technology Co Ltd (002658) | $2.15 Billion | 6.55% | 0.42x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About Shenzhen Jieshun Science and Technology Industry Co Ltd
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