Shenzhen Center Power Tech Co Ltd
Shenzhen Center Power Tech. Co., Ltd engages in the research and development, production, and sales of valve-regulated sealed lead-acid batteries, lithium-ion batteries, and fuel cells in China. It offers lithium iron phosphate, lithium cobalt oxide, lithium manganese oxide, fuel cell system, fuel cell stack, and membrane electrode. The company's products are used in communications, electric vehi… Read more
Shenzhen Center Power Tech Co Ltd (002733) - Net Assets
Latest net assets as of September 2025: CN¥2.84 Billion CNY
Based on the latest financial reports, Shenzhen Center Power Tech Co Ltd (002733) has net assets worth CN¥2.84 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¥5.43 Billion) and total liabilities (CN¥2.59 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¥2.84 Billion |
| % of Total Assets | 52.35% |
| Annual Growth Rate | 16.84% |
| 5-Year Change | -8.2% |
| 10-Year Change | 128.3% |
| Growth Volatility | 52.16 |
Shenzhen Center Power Tech Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Shenzhen Center Power Tech 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 Center Power Tech Co Ltd (2004–2024)
The table below shows the annual net assets of Shenzhen Center Power Tech Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.80 Billion | -0.98% |
| 2023-12-31 | CN¥2.83 Billion | +3.33% |
| 2022-12-31 | CN¥2.73 Billion | +7.80% |
| 2021-12-31 | CN¥2.54 Billion | -16.76% |
| 2020-12-31 | CN¥3.05 Billion | +21.70% |
| 2019-12-31 | CN¥2.50 Billion | +1.79% |
| 2018-12-31 | CN¥2.46 Billion | +12.45% |
| 2017-12-31 | CN¥2.19 Billion | -2.12% |
| 2016-12-31 | CN¥2.23 Billion | +82.40% |
| 2015-12-31 | CN¥1.23 Billion | +10.01% |
| 2014-12-31 | CN¥1.11 Billion | +75.36% |
| 2013-12-31 | CN¥635.14 Million | +14.14% |
| 2012-12-31 | CN¥556.44 Million | +12.69% |
| 2011-12-31 | CN¥493.76 Million | +205.22% |
| 2006-12-31 | CN¥161.77 Million | +19.48% |
| 2005-12-31 | CN¥135.39 Million | +8.86% |
| 2004-12-31 | CN¥124.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Center Power Tech 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 658.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥506.72 Million | 18.75% |
| Common Stock | CN¥384.21 Million | 14.22% |
| Other Comprehensive Income | CN¥82.27 Million | 3.04% |
| Other Components | CN¥1.73 Billion | 63.99% |
| Total Equity | CN¥2.70 Billion | 100.00% |
Shenzhen Center Power Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Center Power Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
$792.90 Million |
|
San Miguel Corporation
PINK:SMGBF
|
$792.91 Million |
|
Piaggio & C. SpA
OTCGREY:PGGCY
|
$793.06 Million |
|
Dalian Huarui Heavy Industry Group Co Ltd
SHE:002204
|
$793.19 Million |
|
GKG Precision Machine Co. Ltd. A
SHE:301338
|
$791.77 Million |
|
Sunvim Group Co Ltd
SHE:002083
|
$791.11 Million |
|
Cargojet Inc
PINK:CGJTF
|
$791.09 Million |
|
NHPCF
PINK:NHPCF
|
$790.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Center Power Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,728,134,847 to 2,702,219,485, a change of -25,915,362 (-0.9%).
- Net income of 97,102,195 contributed positively to equity growth.
- Dividend payments of 98,418,369 reduced retained earnings.
- Share repurchases of 72,683,167 reduced equity.
- Other comprehensive income increased equity by 17,133,196.
- Other factors increased equity by 30,950,783.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.10 Million | +3.59% |
| Dividends Paid | CN¥98.42 Million | -3.64% |
| Share Repurchases | CN¥72.68 Million | -2.69% |
| Other Comprehensive Income | CN¥17.13 Million | +0.63% |
| Other Changes | CN¥30.95 Million | +1.15% |
| Total Change | CN¥- | -0.95% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Center Power Tech 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: 3.59x
- 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 103.71x to 3.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.25 | CN¥26.01 | x |
| 2005-12-31 | CN¥0.28 | CN¥26.01 | x |
| 2006-12-31 | CN¥0.33 | CN¥26.01 | x |
| 2011-12-31 | CN¥1.99 | CN¥26.01 | x |
| 2012-12-31 | CN¥2.36 | CN¥26.01 | x |
| 2013-12-31 | CN¥2.70 | CN¥26.01 | x |
| 2014-12-31 | CN¥4.03 | CN¥26.01 | x |
| 2015-12-31 | CN¥3.93 | CN¥26.01 | x |
| 2016-12-31 | CN¥6.84 | CN¥26.01 | x |
| 2017-12-31 | CN¥5.99 | CN¥26.01 | x |
| 2018-12-31 | CN¥6.83 | CN¥26.01 | x |
| 2019-12-31 | CN¥6.71 | CN¥26.01 | x |
| 2020-12-31 | CN¥7.56 | CN¥26.01 | x |
| 2021-12-31 | CN¥6.32 | CN¥26.01 | x |
| 2022-12-31 | CN¥6.86 | CN¥26.01 | x |
| 2023-12-31 | CN¥7.08 | CN¥26.01 | x |
| 2024-12-31 | CN¥7.24 | CN¥26.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Center Power Tech 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): 3.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.73%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.96x
- Recent ROE (3.59%) is below the historical average (6.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.11% | 0.62% | 1.07x | 3.20x | CN¥-7.61 Million |
| 2005 | 9.14% | 1.91% | 1.46x | 3.28x | CN¥-915.79K |
| 2006 | 16.10% | 2.78% | 1.67x | 3.48x | CN¥7.71 Million |
| 2011 | 17.66% | 4.94% | 1.47x | 2.42x | CN¥35.08 Million |
| 2012 | 15.60% | 4.73% | 1.47x | 2.24x | CN¥30.31 Million |
| 2013 | 13.49% | 5.09% | 1.36x | 1.94x | CN¥21.72 Million |
| 2014 | 8.94% | 4.98% | 1.04x | 1.73x | CN¥-11.63 Million |
| 2015 | 10.95% | 5.48% | 1.08x | 1.86x | CN¥11.47 Million |
| 2016 | 5.41% | 4.80% | 0.78x | 1.44x | CN¥-101.77 Million |
| 2017 | 1.67% | 1.37% | 0.75x | 1.62x | CN¥-181.17 Million |
| 2018 | 3.95% | 3.19% | 0.70x | 1.76x | CN¥-144.27 Million |
| 2019 | 7.30% | 5.84% | 0.66x | 1.88x | CN¥-63.38 Million |
| 2020 | 2.61% | 2.99% | 0.49x | 1.79x | CN¥-215.43 Million |
| 2021 | -17.36% | -13.56% | 0.54x | 2.36x | CN¥-664.53 Million |
| 2022 | 6.03% | 3.90% | 0.72x | 2.15x | CN¥-104.56 Million |
| 2023 | 5.09% | 3.86% | 0.71x | 1.86x | CN¥-134.03 Million |
| 2024 | 3.59% | 2.73% | 0.67x | 1.96x | CN¥-173.12 Million |
Industry Comparison
This section compares Shenzhen Center Power Tech 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 |
|---|---|---|---|---|
| Shenzhen Center Power Tech Co Ltd (002733) | CN¥2.84 Billion | 2.11% | 0.91x | $792.53 Million |
| 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 |