Shenzhen Fenda Technology Co Ltd (002681) - Net Assets
Based on the latest financial reports, Shenzhen Fenda Technology Co Ltd (002681) has net assets worth CN¥2.27 Billion CNY (≈ $331.72 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¥4.58 Billion ≈ $670.62 Million USD) and total liabilities (CN¥2.32 Billion ≈ $338.90 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 asset resilience ratio of Shenzhen Fenda Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.27 Billion |
| % of Total Assets | 49.46% |
| Annual Growth Rate | 14.21% |
| 5-Year Change | 3.96% |
| 10-Year Change | -5.9% |
| Growth Volatility | 51.05 |
Shenzhen Fenda Technology Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Shenzhen Fenda Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Fenda Technology Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Fenda Technology Co Ltd (2009–2024)
The table below shows the annual net assets of Shenzhen Fenda Technology Co Ltd from 2009 to 2024. For live valuation and market cap data, see 002681 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.34 Billion ≈ $342.37 Million |
+6.61% |
| 2023-12-31 | CN¥2.19 Billion ≈ $321.14 Million |
-0.86% |
| 2022-12-31 | CN¥2.21 Billion ≈ $323.93 Million |
-1.13% |
| 2021-12-31 | CN¥2.24 Billion ≈ $327.63 Million |
-0.51% |
| 2020-12-31 | CN¥2.25 Billion ≈ $329.32 Million |
+3.13% |
| 2019-12-31 | CN¥2.18 Billion ≈ $319.33 Million |
-58.27% |
| 2018-12-31 | CN¥5.23 Billion ≈ $765.29 Million |
-15.14% |
| 2017-12-31 | CN¥6.16 Billion ≈ $901.78 Million |
+116.97% |
| 2016-12-31 | CN¥2.84 Billion ≈ $415.63 Million |
+14.24% |
| 2015-12-31 | CN¥2.49 Billion ≈ $363.82 Million |
+126.36% |
| 2014-12-31 | CN¥1.10 Billion ≈ $160.73 Million |
+10.55% |
| 2013-12-31 | CN¥993.54 Million ≈ $145.39 Million |
+11.29% |
| 2012-12-31 | CN¥892.78 Million ≈ $130.64 Million |
+115.85% |
| 2011-12-31 | CN¥413.61 Million ≈ $60.52 Million |
+16.27% |
| 2010-12-31 | CN¥355.72 Million ≈ $52.05 Million |
+11.50% |
| 2009-12-31 | CN¥319.03 Million ≈ $46.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Fenda 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 decreased by 675.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.81 Billion | 74.98% |
| Other Comprehensive Income | CN¥142.38 Million | 5.91% |
| Other Components | CN¥1.72 Billion | 71.59% |
| Total Equity | CN¥2.41 Billion | 100.00% |
Shenzhen Fenda Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Fenda Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Proto Labs Inc
NYSE:PRLB
|
$1.37 Billion |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
$1.37 Billion |
|
Sigma Lithium Resources Corp
NASDAQ:SGML
|
$1.37 Billion |
|
Suzhou Hailu Heavy Industry Co Ltd
SHE:002255
|
$1.37 Billion |
|
Upwork Inc
NASDAQ:UPWK
|
$1.37 Billion |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
$1.37 Billion |
|
Dar Global Plc
LSE:DAR
|
$1.37 Billion |
|
Morgan Stanley Direct Lending Fund
NYSE:MSDL
|
$1.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Fenda Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,248,605,906 to 2,407,901,370, a change of 159,295,464 (7.1%).
- Net income of 97,090,017 contributed positively to equity growth.
- Dividend payments of 40,350,236 reduced retained earnings.
- Share repurchases of 40,000,000 reduced equity.
- Other comprehensive income increased equity by 17,076,294.
- Other factors increased equity by 125,479,389.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.09 Million | +4.03% |
| Dividends Paid | CN¥40.35 Million | -1.68% |
| Share Repurchases | CN¥40.00 Million | -1.66% |
| Other Comprehensive Income | CN¥17.08 Million | +0.71% |
| Other Changes | CN¥125.48 Million | +5.21% |
| Total Change | CN¥- | 7.08% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Fenda 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: 4.21x
- 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 18.97x to 4.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.28 | CN¥5.22 | x |
| 2010-12-31 | CN¥0.31 | CN¥5.22 | x |
| 2011-12-31 | CN¥0.36 | CN¥5.22 | x |
| 2012-12-31 | CN¥0.66 | CN¥5.22 | x |
| 2013-12-31 | CN¥0.66 | CN¥5.22 | x |
| 2014-12-31 | CN¥0.72 | CN¥5.22 | x |
| 2015-12-31 | CN¥1.45 | CN¥5.22 | x |
| 2016-12-31 | CN¥1.63 | CN¥5.22 | x |
| 2017-12-31 | CN¥3.33 | CN¥5.22 | x |
| 2018-12-31 | CN¥2.56 | CN¥5.22 | x |
| 2019-12-31 | CN¥1.07 | CN¥5.22 | x |
| 2020-12-31 | CN¥1.16 | CN¥5.22 | x |
| 2021-12-31 | CN¥1.24 | CN¥5.22 | x |
| 2022-12-31 | CN¥1.25 | CN¥5.22 | x |
| 2023-12-31 | CN¥1.51 | CN¥5.22 | x |
| 2024-12-31 | CN¥1.24 | CN¥5.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Fenda 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): 4.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.09%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.94x
- Recent ROE (4.03%) is above the historical average (2.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 24.25% | 16.15% | 0.92x | 1.63x | CN¥44.38 Million |
| 2010 | 24.77% | 13.25% | 1.09x | 1.72x | CN¥52.29 Million |
| 2011 | 22.89% | 11.75% | 1.24x | 1.57x | CN¥53.18 Million |
| 2012 | 8.49% | 9.62% | 0.74x | 1.19x | CN¥-13.50 Million |
| 2013 | 13.16% | 12.34% | 0.88x | 1.21x | CN¥31.42 Million |
| 2014 | 13.25% | 13.46% | 0.78x | 1.27x | CN¥35.67 Million |
| 2015 | 11.81% | 17.01% | 0.55x | 1.26x | CN¥44.91 Million |
| 2016 | 13.58% | 18.31% | 0.51x | 1.46x | CN¥101.55 Million |
| 2017 | 7.20% | 13.81% | 0.37x | 1.43x | CN¥-172.53 Million |
| 2018 | -14.87% | -23.18% | 0.44x | 1.47x | CN¥-1.30 Billion |
| 2019 | -140.05% | -86.34% | 0.72x | 2.25x | CN¥-3.27 Billion |
| 2020 | 47.23% | 30.12% | 0.68x | 2.30x | CN¥839.90 Million |
| 2021 | 2.27% | 1.23% | 0.85x | 2.16x | CN¥-175.37 Million |
| 2022 | 4.67% | 3.66% | 0.71x | 1.80x | CN¥-120.07 Million |
| 2023 | 1.99% | 1.54% | 0.65x | 1.98x | CN¥-180.21 Million |
| 2024 | 4.03% | 3.09% | 0.67x | 1.94x | CN¥-143.70 Million |
Industry Comparison
This section compares Shenzhen Fenda Technology Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $1,674,244,189
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Fenda Technology Co Ltd (002681) | CN¥2.27 Billion | 24.25% | 1.02x | $1.37 Billion |
| Konka Group Co Ltd (000016) | $4.30 Billion | 1.22% | 2.90x | $756.97 Million |
| Tianma Microelectronics Co Ltd (000050) | $2.49 Billion | 2.83% | 2.20x | $2.74 Billion |
| Guangdong Goworld Co Ltd (000823) | $1.15 Billion | 7.22% | 1.30x | $1.17 Billion |
| Soyea Technology Co Ltd (000909) | $531.73 Million | 0.67% | 0.46x | $298.48 Million |
| Guoguang Electric Co Ltd (002045) | $1.99 Billion | 2.02% | 1.43x | $928.45 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $3.30 Billion | 11.56% | 0.45x | $4.51 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $601.18 Million | 4.47% | 0.09x | $318.38 Million |
| Goertek Inc (002241) | $75.51 Million | 19.36% | 1.39x | $12.71 Billion |
| Edifier Technology Co Ltd (002351) | $1.78 Billion | 6.54% | 0.13x | $1.45 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $526.42 Million | 13.50% | 1.36x | $440.55 Million |
About Shenzhen Fenda Technology Co Ltd
Shenzhen Fenda Technology Co., Ltd. provides integrated solutions for intelligent hardware in China. The company offers electroacoustic products, including wireless bluetooth speakers, smart voice speakers, soundbars, and portable energy storage speakers; smart wearables, such as mart watches, smart bracelets, heart rate wristbands, and blood pressure bracelets. It also provides smart door locks … Read more