Suzhou Shijia Science & Technology Inc
Suzhou Shijia Science & Technology Inc. manufactures and sells elevator system products and precision metal plate systems in China and internationally. The company manufactures precision box system, including elevator car systems and special equipment box systems, which are used in used in elevator, new energy, medical, security inspection, energy-saving, semiconductor, communication, and other s… Read more
Suzhou Shijia Science & Technology Inc (002796) - Net Assets
Latest net assets as of September 2025: CN¥846.47 Million CNY
Based on the latest financial reports, Suzhou Shijia Science & Technology Inc (002796) has net assets worth CN¥846.47 Million 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¥1.48 Billion) and total liabilities (CN¥629.19 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¥846.47 Million |
| % of Total Assets | 57.36% |
| Annual Growth Rate | 16.18% |
| 5-Year Change | -43.44% |
| 10-Year Change | 247.1% |
| Growth Volatility | 55.79 |
Suzhou Shijia Science & Technology Inc - Net Assets Trend (2011–2024)
This chart illustrates how Suzhou Shijia Science & Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suzhou Shijia Science & Technology Inc (2011–2024)
The table below shows the annual net assets of Suzhou Shijia Science & Technology Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥897.84 Million | +5.26% |
| 2023-12-31 | CN¥852.98 Million | +0.67% |
| 2022-12-31 | CN¥847.30 Million | -7.08% |
| 2021-12-31 | CN¥911.86 Million | -42.55% |
| 2020-12-31 | CN¥1.59 Billion | +2.70% |
| 2019-12-31 | CN¥1.55 Billion | +7.49% |
| 2018-12-31 | CN¥1.44 Billion | +192.63% |
| 2017-12-31 | CN¥491.40 Million | +1.02% |
| 2016-12-31 | CN¥486.45 Million | +88.06% |
| 2015-12-31 | CN¥258.67 Million | +7.43% |
| 2014-12-31 | CN¥240.78 Million | +15.93% |
| 2013-12-31 | CN¥207.69 Million | +23.66% |
| 2012-12-31 | CN¥167.96 Million | +31.52% |
| 2011-12-31 | CN¥127.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Shijia Science & Technology Inc'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 5170.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥252.43 Million | 27.90% |
| Other Comprehensive Income | CN¥844.40K | 0.09% |
| Other Components | CN¥1.05 Billion | 115.80% |
| Total Equity | CN¥904.60 Million | 100.00% |
Suzhou Shijia Science & Technology Inc Competitors by Market Cap
The table below lists competitors of Suzhou Shijia Science & Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spartan Resources Limited
PINK:GYYSF
|
$1.08 Billion |
|
Lanzhou LS Heavy Equipment Co
SHG:603169
|
$1.08 Billion |
|
U-BLOX N .LINIE AG
SW:UBXNE
|
$1.08 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
$1.08 Billion |
|
ESTABLISHMENT LABS HLDGS
F:3E0
|
$1.08 Billion |
|
Shenzhen Agricultural Products Co Ltd
SHE:000061
|
$1.08 Billion |
|
Nagase & Company Ltd
OTCMKTS:NGSCF
|
$1.08 Billion |
|
Oesterr. Post AG
VI:POST
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Shijia Science & Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 853,825,710 to 904,603,820, a change of 50,778,110 (5.9%).
- Net income of 92,123,324 contributed positively to equity growth.
- Dividend payments of 4,111,860 reduced retained earnings.
- Share repurchases of 11,361,612 reduced equity.
- Other comprehensive income increased equity by 318,615.
- Other factors decreased equity by 26,190,357.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥92.12 Million | +10.18% |
| Dividends Paid | CN¥4.11 Million | -0.45% |
| Share Repurchases | CN¥11.36 Million | -1.26% |
| Other Comprehensive Income | CN¥318.62K | +0.04% |
| Other Changes | CN¥-26.19 Million | -2.9% |
| Total Change | CN¥- | 5.95% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Shijia Science & Technology Inc'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: 15.50x
- 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 58.92x to 15.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.96 | CN¥56.31 | x |
| 2012-12-31 | CN¥1.25 | CN¥56.31 | x |
| 2013-12-31 | CN¥1.53 | CN¥56.31 | x |
| 2014-12-31 | CN¥1.78 | CN¥56.31 | x |
| 2015-12-31 | CN¥1.92 | CN¥56.31 | x |
| 2016-12-31 | CN¥3.02 | CN¥56.31 | x |
| 2017-12-31 | CN¥2.72 | CN¥56.31 | x |
| 2018-12-31 | CN¥6.25 | CN¥56.31 | x |
| 2019-12-31 | CN¥6.01 | CN¥56.31 | x |
| 2020-12-31 | CN¥6.19 | CN¥56.31 | x |
| 2021-12-31 | CN¥3.54 | CN¥56.31 | x |
| 2022-12-31 | CN¥3.35 | CN¥56.31 | x |
| 2023-12-31 | CN¥3.49 | CN¥56.31 | x |
| 2024-12-31 | CN¥3.63 | CN¥56.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Shijia Science & Technology Inc 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): 10.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.60%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.62x
- Recent ROE (10.18%) is above the historical average (4.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 17.21% | 11.51% | 1.02x | 1.47x | CN¥9.20 Million |
| 2012 | 23.82% | 12.53% | 1.42x | 1.34x | CN¥23.21 Million |
| 2013 | 24.91% | 12.63% | 1.50x | 1.32x | CN¥30.96 Million |
| 2014 | 23.71% | 12.88% | 1.41x | 1.31x | CN¥33.01 Million |
| 2015 | 20.83% | 11.65% | 1.34x | 1.34x | CN¥28.02 Million |
| 2016 | 9.99% | 9.78% | 0.80x | 1.27x | CN¥-26.74K |
| 2017 | 5.23% | 4.46% | 0.83x | 1.42x | CN¥-23.45 Million |
| 2018 | 3.41% | 3.80% | 0.64x | 1.41x | CN¥-93.77 Million |
| 2019 | 6.29% | 5.10% | 0.77x | 1.60x | CN¥-56.22 Million |
| 2020 | 2.42% | 2.30% | 0.68x | 1.55x | CN¥-118.49 Million |
| 2021 | -75.37% | -51.74% | 0.81x | 1.79x | CN¥-760.78 Million |
| 2022 | -4.39% | -3.34% | 0.76x | 1.73x | CN¥-119.99 Million |
| 2023 | -1.72% | -1.40% | 0.72x | 1.71x | CN¥-100.07 Million |
| 2024 | 10.18% | 9.60% | 0.66x | 1.62x | CN¥1.66 Million |
Industry Comparison
This section compares Suzhou Shijia Science & Technology Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Shijia Science & Technology Inc (002796) | CN¥846.47 Million | 17.21% | 0.74x | $1.08 Billion |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |