Shenzhen Soling Industrial Co Ltd (002766) - Net Assets
Based on the latest financial reports, Shenzhen Soling Industrial Co Ltd (002766) has net assets worth CN¥1.10 Billion CNY (≈ $160.39 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.33 Billion ≈ $194.99 Million USD) and total liabilities (CN¥236.44 Million ≈ $34.60 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 002766 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.10 Billion |
| % of Total Assets | 82.26% |
| Annual Growth Rate | 7.32% |
| 5-Year Change | 70.15% |
| 10-Year Change | 28.64% |
| Growth Volatility | 75.89 |
Shenzhen Soling Industrial Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Shenzhen Soling Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Soling Industrial Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Soling Industrial Co Ltd (2011–2025)
The table below shows the annual net assets of Shenzhen Soling Industrial Co Ltd from 2011 to 2025. For live valuation and market cap data, see 002766 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.10 Billion ≈ $160.39 Million |
+35.84% |
| 2024-12-31 | CN¥806.87 Million ≈ $118.07 Million |
+14.64% |
| 2023-12-31 | CN¥703.85 Million ≈ $103.00 Million |
+6.93% |
| 2022-12-31 | CN¥658.24 Million ≈ $96.32 Million |
+2.18% |
| 2021-12-31 | CN¥644.19 Million ≈ $94.27 Million |
+184.68% |
| 2020-12-31 | CN¥-760.72 Million ≈ $-111.32 Million |
-236.41% |
| 2019-12-31 | CN¥557.68 Million ≈ $81.61 Million |
-2.89% |
| 2018-12-31 | CN¥574.30 Million ≈ $84.04 Million |
-65.14% |
| 2017-12-31 | CN¥1.65 Billion ≈ $241.07 Million |
+93.35% |
| 2016-12-31 | CN¥852.04 Million ≈ $124.68 Million |
-11.55% |
| 2015-12-31 | CN¥963.36 Million ≈ $140.97 Million |
+64.13% |
| 2014-12-31 | CN¥586.94 Million ≈ $85.89 Million |
+12.69% |
| 2013-12-31 | CN¥520.86 Million ≈ $76.22 Million |
+12.11% |
| 2012-12-31 | CN¥464.60 Million ≈ $67.99 Million |
+13.94% |
| 2011-12-31 | CN¥407.74 Million ≈ $59.67 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 2793.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥863.73 Million | 79.05% |
| Other Comprehensive Income | CN¥602.97 Million | 55.19% |
| Other Components | CN¥2.35 Billion | 215.21% |
| Total Equity | CN¥1.09 Billion | 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 |
|---|---|
|
BRASKEM PFD ADR/2 O.N.
F:BRD
|
$593.02 Million |
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
$593.09 Million |
|
PNC Infratech Limited
NSE:PNCINFRA
|
$593.36 Million |
|
Qualipoly Chemical Corp
TW:4722
|
$593.64 Million |
|
Guangzhou Jiacheng
SHG:603535
|
$592.87 Million |
|
Sabre Corpo
NASDAQ:SABR
|
$592.76 Million |
|
Vibhavadi Medical Center Public Company Limited
BK:VIBHA
|
$592.64 Million |
|
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS
IS:SARKY
|
$592.64 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 2024 to 2025, total equity changed from 810,989,854 to 1,092,578,211, a change of 281,588,357 (34.7%).
- Net loss of 55,064,934 reduced equity.
- Dividend payments of 491,594 reduced retained earnings.
- Other comprehensive income increased equity by 283,467,960.
- Other factors increased equity by 53,676,925.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-55.06 Million | -5.04% |
| Dividends Paid | CN¥491.59K | -0.04% |
| Other Comprehensive Income | CN¥283.47 Million | +25.94% |
| Other Changes | CN¥53.68 Million | +4.91% |
| Total Change | CN¥- | 34.72% |
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: 3.66x
- 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 2.91x to 3.66x 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¥4.69 | x |
| 2012-12-31 | CN¥0.85 | CN¥4.69 | x |
| 2013-12-31 | CN¥0.94 | CN¥4.69 | x |
| 2014-12-31 | CN¥1.07 | CN¥4.69 | x |
| 2015-12-31 | CN¥1.51 | CN¥4.69 | x |
| 2016-12-31 | CN¥1.16 | CN¥4.69 | x |
| 2017-12-31 | CN¥3.51 | CN¥4.69 | x |
| 2018-12-31 | CN¥0.66 | CN¥4.69 | x |
| 2019-12-31 | CN¥0.66 | CN¥4.69 | x |
| 2020-12-31 | CN¥-0.90 | CN¥4.69 | x |
| 2021-12-31 | CN¥0.76 | CN¥4.69 | x |
| 2022-12-31 | CN¥0.78 | CN¥4.69 | x |
| 2023-12-31 | CN¥0.83 | CN¥4.69 | x |
| 2024-12-31 | CN¥0.95 | CN¥4.69 | x |
| 2025-12-31 | CN¥1.28 | CN¥4.69 | 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): -5.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.52%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.22x
- Recent ROE (-5.04%) is above the historical average (-13.86%), 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 | 9.04% | 8.05% | 0.52x | 2.18x | CN¥-8.13 Million |
| 2017 | -0.14% | -0.16% | 0.39x | 2.25x | CN¥-165.08 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% | -127.17% | 0.48x | 0.00x | CN¥-1.23 Billion |
| 2021 | -103.89% | -87.96% | 0.55x | 2.14x | CN¥-734.72 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 |
| 2025 | -5.04% | -7.52% | 0.55x | 1.22x | CN¥-164.32 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: $1,108,668,367
- Average return on equity (ROE) among peers: 17.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Soling Industrial Co Ltd (002766) | CN¥1.10 Billion | 18.94% | 0.22x | $592.94 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $488.15 Million | 22.00% | 0.35x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $787.42 Million | 9.61% | 0.21x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $122.29 Million | 26.99% | 0.76x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $369.67 Million | 22.71% | 0.27x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $4.96 Billion | -4.85% | 0.30x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $231.61 Million | 45.18% | 0.48x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $185.20 Million | 27.75% | 0.57x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.15 Billion | 6.55% | 0.42x | $791.70 Million |
About 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