Shanghai Liangxin Electrical Co Ltd
Shanghai Liangxin Electrical Co.,LTD. manufactures and sells low-voltage electrical appliances in China and internationally. The company offers air circuit breakers, molded case circuit breakers, automatic transfer switching equipment, isolating switches, miniature circuit breakers, busbar and sockets, distribution boxes, surge protectors, hydraulic electromagnetic circuit breakers, AC contactors… Read more
Shanghai Liangxin Electrical Co Ltd (002706) - Net Assets
Latest net assets as of September 2025: CN¥4.15 Billion CNY
Based on the latest financial reports, Shanghai Liangxin Electrical Co Ltd (002706) has net assets worth CN¥4.15 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¥6.06 Billion) and total liabilities (CN¥1.91 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¥4.15 Billion |
| % of Total Assets | 68.51% |
| Annual Growth Rate | 35.91% |
| 5-Year Change | 95.15% |
| 10-Year Change | 336.53% |
| Growth Volatility | 45.46 |
Shanghai Liangxin Electrical Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shanghai Liangxin Electrical 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 Shanghai Liangxin Electrical Co Ltd (2007–2024)
The table below shows the annual net assets of Shanghai Liangxin Electrical Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.98 Billion | -3.81% |
| 2023-12-31 | CN¥4.13 Billion | +10.46% |
| 2022-12-31 | CN¥3.74 Billion | +69.68% |
| 2021-12-31 | CN¥2.21 Billion | +8.25% |
| 2020-12-31 | CN¥2.04 Billion | +12.81% |
| 2019-12-31 | CN¥1.81 Billion | +2.66% |
| 2018-12-31 | CN¥1.76 Billion | +4.18% |
| 2017-12-31 | CN¥1.69 Billion | +8.73% |
| 2016-12-31 | CN¥1.55 Billion | +70.50% |
| 2015-12-31 | CN¥911.11 Million | +15.81% |
| 2014-12-31 | CN¥786.74 Million | +108.73% |
| 2013-12-31 | CN¥376.91 Million | +27.39% |
| 2012-12-31 | CN¥295.88 Million | +32.91% |
| 2011-12-31 | CN¥222.61 Million | +23.63% |
| 2010-12-31 | CN¥180.07 Million | +53.23% |
| 2009-12-31 | CN¥117.51 Million | +109.42% |
| 2008-12-31 | CN¥56.11 Million | +160.06% |
| 2007-12-31 | CN¥21.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Liangxin Electrical 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 18049.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.29 Billion | 32.31% |
| Common Stock | CN¥1.12 Billion | 28.24% |
| Other Components | CN¥1.57 Billion | 39.45% |
| Total Equity | CN¥3.98 Billion | 100.00% |
Shanghai Liangxin Electrical Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Liangxin Electrical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beibuwan Port Co Ltd
SHE:000582
|
$1.20 Billion |
|
1st Source Corporation
NASDAQ:SRCE
|
$1.20 Billion |
|
Gamma Communications plc
PINK:GAMCF
|
$1.20 Billion |
|
Jones Tech PLC Class A
SHE:300684
|
$1.20 Billion |
|
Korean Reinsu
KO:003690
|
$1.20 Billion |
|
Heiwa Real Estate Co., Ltd.
PINK:HWARF
|
$1.20 Billion |
|
BANPU PCL -FGN- BA 1
F:BPFG
|
$1.20 Billion |
|
Carter’s Inc
NYSE:CRI
|
$1.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Liangxin Electrical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,134,942,564 to 3,977,356,624, a change of -157,585,940 (-3.8%).
- Net income of 312,113,177 contributed positively to equity growth.
- Dividend payments of 284,374,287 reduced retained earnings.
- Share repurchases of 250,061,160 reduced equity.
- Other factors increased equity by 64,736,330.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥312.11 Million | +7.85% |
| Dividends Paid | CN¥284.37 Million | -7.15% |
| Share Repurchases | CN¥250.06 Million | -6.29% |
| Other Changes | CN¥64.74 Million | +1.63% |
| Total Change | CN¥- | -3.81% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Liangxin Electrical 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: 3.20x
- 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 54.19x to 3.20x 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¥0.21 | CN¥11.42 | x |
| 2008-12-31 | CN¥0.55 | CN¥11.42 | x |
| 2009-12-31 | CN¥0.20 | CN¥11.42 | x |
| 2010-12-31 | CN¥0.28 | CN¥11.42 | x |
| 2011-12-31 | CN¥0.34 | CN¥11.42 | x |
| 2012-12-31 | CN¥0.45 | CN¥11.42 | x |
| 2013-12-31 | CN¥0.57 | CN¥11.42 | x |
| 2014-12-31 | CN¥0.92 | CN¥11.42 | x |
| 2015-12-31 | CN¥1.03 | CN¥11.42 | x |
| 2016-12-31 | CN¥1.62 | CN¥11.42 | x |
| 2017-12-31 | CN¥1.67 | CN¥11.42 | x |
| 2018-12-31 | CN¥1.71 | CN¥11.42 | x |
| 2019-12-31 | CN¥1.81 | CN¥11.42 | x |
| 2020-12-31 | CN¥2.04 | CN¥11.42 | x |
| 2021-12-31 | CN¥2.16 | CN¥11.42 | x |
| 2022-12-31 | CN¥3.46 | CN¥11.42 | x |
| 2023-12-31 | CN¥3.64 | CN¥11.42 | x |
| 2024-12-31 | CN¥3.57 | CN¥11.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Liangxin Electrical 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): 7.85%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.36%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.38x
- Recent ROE (7.85%) is below the historical average (20.46%), 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 | 35.57% | 3.74% | 2.37x | 4.02x | CN¥5.45 Million |
| 2008 | 63.95% | 13.66% | 2.26x | 2.07x | CN¥30.27 Million |
| 2009 | 9.60% | 3.51% | 1.51x | 1.81x | CN¥-467.01K |
| 2010 | 34.74% | 15.42% | 1.44x | 1.57x | CN¥44.55 Million |
| 2011 | 32.17% | 12.65% | 1.32x | 1.93x | CN¥49.35 Million |
| 2012 | 24.76% | 12.21% | 1.22x | 1.66x | CN¥43.68 Million |
| 2013 | 21.50% | 11.85% | 1.12x | 1.63x | CN¥43.34 Million |
| 2014 | 12.75% | 11.72% | 0.82x | 1.32x | CN¥21.60 Million |
| 2015 | 13.73% | 12.35% | 0.82x | 1.35x | CN¥34.02 Million |
| 2016 | 10.44% | 13.23% | 0.65x | 1.22x | CN¥6.85 Million |
| 2017 | 12.44% | 14.48% | 0.71x | 1.20x | CN¥41.28 Million |
| 2018 | 12.61% | 14.10% | 0.73x | 1.23x | CN¥46.00 Million |
| 2019 | 15.12% | 13.40% | 0.88x | 1.29x | CN¥92.43 Million |
| 2020 | 18.42% | 12.45% | 0.93x | 1.60x | CN¥171.66 Million |
| 2021 | 18.97% | 10.39% | 0.91x | 2.00x | CN¥197.91 Million |
| 2022 | 11.27% | 10.15% | 0.73x | 1.52x | CN¥47.43 Million |
| 2023 | 12.36% | 11.14% | 0.79x | 1.41x | CN¥97.48 Million |
| 2024 | 7.85% | 7.36% | 0.77x | 1.38x | CN¥-85.62 Million |
Industry Comparison
This section compares Shanghai Liangxin Electrical 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 |
|---|---|---|---|---|
| Shanghai Liangxin Electrical Co Ltd (002706) | CN¥4.15 Billion | 35.57% | 0.46x | $1.20 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 |