Shenzhen Center Power Tech Co Ltd (002733) - Net Assets
Based on the latest financial reports, Shenzhen Center Power Tech Co Ltd (002733) has net assets worth CN¥2.82 Billion CNY (≈ $412.65 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.23 Billion ≈ $764.90 Million USD) and total liabilities (CN¥2.41 Billion ≈ $352.25 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 002733 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.82 Billion |
| % of Total Assets | 53.95% |
| Annual Growth Rate | 16.0% |
| 5-Year Change | 10.77% |
| 10-Year Change | 25.71% |
| Growth Volatility | 51.03 |
Shenzhen Center Power Tech Co Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Shenzhen Center Power Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen Center Power Tech Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Center Power Tech Co Ltd (2004–2025)
The table below shows the annual net assets of Shenzhen Center Power Tech Co Ltd from 2004 to 2025. For live valuation and market cap data, see market value of Shenzhen Center Power Tech Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.81 Billion ≈ $411.13 Million |
+0.44% |
| 2024-12-31 | CN¥2.80 Billion ≈ $409.34 Million |
-0.98% |
| 2023-12-31 | CN¥2.83 Billion ≈ $413.42 Million |
+3.33% |
| 2022-12-31 | CN¥2.73 Billion ≈ $400.10 Million |
+7.80% |
| 2021-12-31 | CN¥2.54 Billion ≈ $371.16 Million |
-16.76% |
| 2020-12-31 | CN¥3.05 Billion ≈ $445.91 Million |
+21.70% |
| 2019-12-31 | CN¥2.50 Billion ≈ $366.40 Million |
+1.79% |
| 2018-12-31 | CN¥2.46 Billion ≈ $359.94 Million |
+12.45% |
| 2017-12-31 | CN¥2.19 Billion ≈ $320.10 Million |
-2.12% |
| 2016-12-31 | CN¥2.23 Billion ≈ $327.04 Million |
+82.40% |
| 2015-12-31 | CN¥1.23 Billion ≈ $179.30 Million |
+10.01% |
| 2014-12-31 | CN¥1.11 Billion ≈ $162.98 Million |
+75.36% |
| 2013-12-31 | CN¥635.14 Million ≈ $92.94 Million |
+14.14% |
| 2012-12-31 | CN¥556.44 Million ≈ $81.42 Million |
+12.69% |
| 2011-12-31 | CN¥493.76 Million ≈ $72.25 Million |
+205.22% |
| 2006-12-31 | CN¥161.77 Million ≈ $23.67 Million |
+19.48% |
| 2005-12-31 | CN¥135.39 Million ≈ $19.81 Million |
+8.86% |
| 2004-12-31 | CN¥124.37 Million ≈ $18.20 Million |
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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 711.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥541.83 Million | 19.99% |
| Other Components | CN¥2.17 Billion | 80.01% |
| Total Equity | CN¥2.71 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 |
|---|---|
|
Borusan Mannesmann Boru Sanayi ve Ticaret AS
IS:BRSAN
|
$1.97 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
$1.97 Billion |
|
Castrol India Limited
NSE:CASTROLIND
|
$1.97 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
$1.98 Billion |
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
$1.97 Billion |
|
Albany International Corporation
NYSE:AIN
|
$1.97 Billion |
|
Matrix
TA:MTRX
|
$1.97 Billion |
|
Chongqing Rural Commercial Bank Co. Ltd
F:C3B
|
$1.97 Billion |
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 2024 to 2025, total equity changed from 2,702,219,485 to 2,710,038,790, a change of 7,819,305 (0.3%).
- Net income of 79,707,318 contributed positively to equity growth.
- Dividend payments of 64,040,367 reduced retained earnings.
- Other comprehensive income decreased equity by 82,269,196.
- Other factors increased equity by 74,421,550.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.71 Million | +2.94% |
| Dividends Paid | CN¥64.04 Million | -2.36% |
| Other Comprehensive Income | CN¥-82.27 Million | -3.04% |
| Other Changes | CN¥74.42 Million | +2.75% |
| Total Change | CN¥- | 0.29% |
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: 4.97x
- 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 139.91x to 4.97x 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¥35.09 | x |
| 2005-12-31 | CN¥0.28 | CN¥35.09 | x |
| 2006-12-31 | CN¥0.33 | CN¥35.09 | x |
| 2011-12-31 | CN¥1.99 | CN¥35.09 | x |
| 2012-12-31 | CN¥2.36 | CN¥35.09 | x |
| 2013-12-31 | CN¥2.70 | CN¥35.09 | x |
| 2014-12-31 | CN¥4.03 | CN¥35.09 | x |
| 2015-12-31 | CN¥3.93 | CN¥35.09 | x |
| 2016-12-31 | CN¥6.84 | CN¥35.09 | x |
| 2017-12-31 | CN¥5.99 | CN¥35.09 | x |
| 2018-12-31 | CN¥6.83 | CN¥35.09 | x |
| 2019-12-31 | CN¥6.71 | CN¥35.09 | x |
| 2020-12-31 | CN¥7.27 | CN¥35.09 | x |
| 2021-12-31 | CN¥6.34 | CN¥35.09 | x |
| 2022-12-31 | CN¥6.80 | CN¥35.09 | x |
| 2023-12-31 | CN¥7.08 | CN¥35.09 | x |
| 2024-12-31 | CN¥7.24 | CN¥35.09 | x |
| 2025-12-31 | CN¥7.05 | CN¥35.09 | 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): 2.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.29%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.92x
- Recent ROE (2.94%) is below the historical average (6.40%), 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 |
| 2025 | 2.94% | 2.29% | 0.67x | 1.92x | CN¥-191.30 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: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Center Power Tech Co Ltd (002733) | CN¥2.82 Billion | 2.11% | 0.85x | $1.97 Billion |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About 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