Shenzhen Soling Industrial Co Ltd
Shenzhen Soling Industrial Co.,Ltd provides car-road-cloud solutions. The company offers intelligent networks, such as TBOX, OBU, IOT, and video terminals; intelligent cockpit; intelligent driving; roadside equipment, intelligent monitoring equipment, color ball machines, laser radars, MEC, and RSU; car multimedia and IOV; and reversing monitoring systems, tire pressure monitoring sensors, and co… Read more
Shenzhen Soling Industrial Co Ltd (002766) - Net Assets
Latest net assets as of September 2025: CN¥1.15 Billion CNY
Based on the latest financial reports, Shenzhen Soling Industrial Co Ltd (002766) has net assets worth CN¥1.15 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¥1.36 Billion) and total liabilities (CN¥211.81 Million). 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¥1.15 Billion |
| % of Total Assets | 84.4% |
| Annual Growth Rate | 5.39% |
| 5-Year Change | N/A |
| 10-Year Change | -16.24% |
| Growth Volatility | 78.05 |
Shenzhen Soling Industrial Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Soling Industrial 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 Soling Industrial Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Soling Industrial Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥806.87 Million | +14.64% |
| 2023-12-31 | CN¥703.85 Million | +6.93% |
| 2022-12-31 | CN¥658.24 Million | +2.18% |
| 2021-12-31 | CN¥644.19 Million | +184.68% |
| 2020-12-31 | CN¥-760.72 Million | -236.41% |
| 2019-12-31 | CN¥557.68 Million | -2.89% |
| 2018-12-31 | CN¥574.30 Million | -65.14% |
| 2017-12-31 | CN¥1.65 Billion | +93.35% |
| 2016-12-31 | CN¥852.04 Million | -11.55% |
| 2015-12-31 | CN¥963.36 Million | +64.13% |
| 2014-12-31 | CN¥586.94 Million | +12.69% |
| 2013-12-31 | CN¥520.86 Million | +12.11% |
| 2012-12-31 | CN¥464.60 Million | +13.94% |
| 2011-12-31 | CN¥407.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Soling Industrial 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 2739.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥861.74 Million | 106.26% |
| Other Comprehensive Income | CN¥319.51 Million | 39.40% |
| Other Components | CN¥2.30 Billion | 283.62% |
| Total Equity | CN¥810.99 Million | 100.00% |
Shenzhen Soling Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Soling Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZKTECO Co. Ltd. A
SHE:301330
|
$390.47 Million |
|
Prothena Corporation plc
NASDAQ:PRTA
|
$390.53 Million |
|
Adaptive Plasma Technology Corp
KQ:089970
|
$390.64 Million |
|
Longmaster Information Tech
SHE:300288
|
$390.69 Million |
|
Cowealth Medical China Co.Ltd.
SHG:603122
|
$390.05 Million |
|
361 Degrees International Limited
PINK:TSIOF
|
$390.01 Million |
|
Advanced Nano Products Co. Ltd
KQ:121600
|
$389.95 Million |
|
Tianjin Jinbin Development
SHE:000897
|
$389.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Soling Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 705,189,470 to 810,989,854, a change of 105,800,384 (15.0%).
- Net income of 60,067,614 contributed positively to equity growth.
- Other comprehensive income increased equity by 354,978,606.
- Other factors decreased equity by 309,245,836.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥60.07 Million | +7.41% |
| Other Comprehensive Income | CN¥354.98 Million | +43.77% |
| Other Changes | CN¥-309.25 Million | -38.13% |
| Total Change | CN¥- | 15.00% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Soling Industrial 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: 5.57x
- 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 increased from 3.30x to 5.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.61 | CN¥5.31 | x |
| 2012-12-31 | CN¥1.71 | CN¥5.31 | x |
| 2013-12-31 | CN¥1.88 | CN¥5.31 | x |
| 2014-12-31 | CN¥2.14 | CN¥5.31 | x |
| 2015-12-31 | CN¥3.03 | CN¥5.31 | x |
| 2016-12-31 | CN¥2.32 | CN¥5.31 | x |
| 2017-12-31 | CN¥3.93 | CN¥5.31 | x |
| 2018-12-31 | CN¥1.31 | CN¥5.31 | x |
| 2019-12-31 | CN¥1.32 | CN¥5.31 | x |
| 2020-12-31 | CN¥-1.81 | CN¥5.31 | x |
| 2021-12-31 | CN¥0.76 | CN¥5.31 | x |
| 2022-12-31 | CN¥0.78 | CN¥5.31 | x |
| 2023-12-31 | CN¥0.83 | CN¥5.31 | x |
| 2024-12-31 | CN¥0.95 | CN¥5.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Soling Industrial 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): 7.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.30%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.43x
- Recent ROE (7.41%) is above the historical average (-15.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 18.94% | 10.64% | 0.98x | 1.82x | CN¥36.47 Million |
| 2012 | 14.36% | 8.18% | 1.04x | 1.69x | CN¥20.23 Million |
| 2013 | 11.95% | 8.35% | 0.75x | 1.90x | CN¥10.18 Million |
| 2014 | 10.99% | 8.37% | 0.71x | 1.86x | CN¥5.81 Million |
| 2015 | 6.77% | 8.07% | 0.55x | 1.53x | CN¥-31.07 Million |
| 2016 | -11.29% | -17.54% | 0.30x | 2.18x | CN¥-180.31 Million |
| 2017 | 3.56% | 5.03% | 0.31x | 2.25x | CN¥-104.82 Million |
| 2018 | -185.64% | -102.10% | 0.27x | 6.72x | CN¥-1.08 Billion |
| 2019 | 1.40% | 0.83% | 0.17x | 9.99x | CN¥-47.82 Million |
| 2020 | 0.00% | -127.13% | 0.48x | 0.00x | CN¥-1.23 Billion |
| 2021 | -104.48% | -88.45% | 0.55x | 2.14x | CN¥-738.48 Million |
| 2022 | 1.34% | 1.06% | 0.72x | 1.75x | CN¥-57.07 Million |
| 2023 | 4.62% | 2.59% | 0.98x | 1.82x | CN¥-37.92 Million |
| 2024 | 7.41% | 4.30% | 1.21x | 1.43x | CN¥-21.03 Million |
Industry Comparison
This section compares Shenzhen Soling Industrial 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: $2,050,487,848
- Average return on equity (ROE) among peers: 9.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Soling Industrial Co Ltd (002766) | CN¥1.15 Billion | 18.94% | 0.18x | $390.32 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |