Shenzhen RoadRover Technology Co Ltd (002813) - Net Assets
Based on the latest financial reports, Shenzhen RoadRover Technology Co Ltd (002813) has net assets worth CN¥248.84 Million CNY (≈ $36.41 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥506.23 Million ≈ $74.08 Million USD) and total liabilities (CN¥257.39 Million ≈ $37.66 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 asset resilience ratio of Shenzhen RoadRover Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥248.84 Million |
| % of Total Assets | 49.16% |
| Annual Growth Rate | 4.94% |
| 5-Year Change | -18.44% |
| 10-Year Change | -31.68% |
| Growth Volatility | 27.69 |
Shenzhen RoadRover Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen RoadRover Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002813 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen RoadRover Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen RoadRover Technology Co Ltd from 2011 to 2024. For live valuation and market cap data, see 002813 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥311.51 Million ≈ $45.58 Million |
-14.37% |
| 2023-12-31 | CN¥363.77 Million ≈ $53.23 Million |
-6.97% |
| 2022-12-31 | CN¥391.04 Million ≈ $57.22 Million |
+1.10% |
| 2021-12-31 | CN¥386.79 Million ≈ $56.60 Million |
+1.27% |
| 2020-12-31 | CN¥381.95 Million ≈ $55.89 Million |
+25.49% |
| 2019-12-31 | CN¥304.38 Million ≈ $44.54 Million |
-54.46% |
| 2018-12-31 | CN¥668.41 Million ≈ $97.81 Million |
+1.04% |
| 2017-12-31 | CN¥661.54 Million ≈ $96.80 Million |
-0.29% |
| 2016-12-31 | CN¥663.49 Million ≈ $97.09 Million |
+45.53% |
| 2015-12-31 | CN¥455.92 Million ≈ $66.72 Million |
+11.27% |
| 2014-12-31 | CN¥409.72 Million ≈ $59.96 Million |
+25.41% |
| 2013-12-31 | CN¥326.71 Million ≈ $47.81 Million |
+21.00% |
| 2012-12-31 | CN¥270.01 Million ≈ $39.51 Million |
+62.29% |
| 2011-12-31 | CN¥166.38 Million ≈ $24.35 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen RoadRover Technology 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 142.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥120.00 Million | 38.43% |
| Other Components | CN¥253.35 Million | 81.14% |
| Total Equity | CN¥312.25 Million | 100.00% |
Shenzhen RoadRover Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen RoadRover Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Xinjufeng Technology Packaging Co. Ltd. A
SHE:301296
|
$475.52 Million |
|
Kforce Inc.
NYSE:KFRC
|
$475.59 Million |
|
Bsm Chemical Co Ltd
SHE:300796
|
$475.62 Million |
|
Waterdrop Inc ADR
NYSE:WDH
|
$475.69 Million |
|
Beijing AriTime Intelligent Control Co Ltd
SHG:600560
|
$475.51 Million |
|
PPC Ltd
JSE:PPC
|
$475.42 Million |
|
Ferguson Plc
LSE:FERG
|
$475.41 Million |
|
Wuxi Smart Auto-control Engineering Co Ltd
SHE:002877
|
$475.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen RoadRover Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 364,721,000 to 312,250,000, a change of -52,471,000 (-14.4%).
- Net loss of 55,410,000 reduced equity.
- Dividend payments of 502,000 reduced retained earnings.
- Other factors increased equity by 3,441,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-55.41 Million | -17.75% |
| Dividends Paid | CN¥502.00K | -0.16% |
| Other Changes | CN¥3.44 Million | +1.1% |
| Total Change | CN¥- | -14.39% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen RoadRover Technology 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: 10.41x
- 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 14.69x to 10.41x 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¥1.84 | CN¥27.08 | x |
| 2012-12-31 | CN¥2.99 | CN¥27.08 | x |
| 2013-12-31 | CN¥3.64 | CN¥27.08 | x |
| 2014-12-31 | CN¥4.53 | CN¥27.08 | x |
| 2015-12-31 | CN¥5.02 | CN¥27.08 | x |
| 2016-12-31 | CN¥6.99 | CN¥27.08 | x |
| 2017-12-31 | CN¥5.36 | CN¥27.08 | x |
| 2018-12-31 | CN¥5.46 | CN¥27.08 | x |
| 2019-12-31 | CN¥2.55 | CN¥27.08 | x |
| 2020-12-31 | CN¥3.19 | CN¥27.08 | x |
| 2021-12-31 | CN¥3.23 | CN¥27.08 | x |
| 2022-12-31 | CN¥3.27 | CN¥27.08 | x |
| 2023-12-31 | CN¥3.04 | CN¥27.08 | x |
| 2024-12-31 | CN¥2.60 | CN¥27.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen RoadRover Technology 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): -17.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.37%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.68x
- Recent ROE (-17.75%) is below the historical average (2.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 46.27% | 9.58% | 2.03x | 2.38x | CN¥60.31 Million |
| 2012 | 38.16% | 11.40% | 1.72x | 1.94x | CN¥75.91 Million |
| 2013 | 23.38% | 7.88% | 1.10x | 2.70x | CN¥43.62 Million |
| 2014 | 21.64% | 9.02% | 1.05x | 2.28x | CN¥47.69 Million |
| 2015 | 10.16% | 5.95% | 0.81x | 2.12x | CN¥725.90K |
| 2016 | 6.15% | 5.65% | 0.59x | 1.84x | CN¥-25.56 Million |
| 2017 | 3.73% | 3.17% | 0.48x | 2.46x | CN¥-41.25 Million |
| 2018 | 2.56% | 2.24% | 0.46x | 2.47x | CN¥-49.17 Million |
| 2019 | -116.50% | -46.25% | 0.70x | 3.61x | CN¥-386.79 Million |
| 2020 | 20.69% | 16.07% | 0.91x | 1.41x | CN¥40.92 Million |
| 2021 | 1.35% | 1.28% | 0.70x | 1.52x | CN¥-33.51 Million |
| 2022 | 0.84% | 0.96% | 0.62x | 1.41x | CN¥-35.91 Million |
| 2023 | -7.52% | -9.64% | 0.56x | 1.40x | CN¥-63.90 Million |
| 2024 | -17.75% | -15.37% | 0.69x | 1.68x | CN¥-86.64 Million |
Industry Comparison
This section compares Shenzhen RoadRover Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,600,803,038
- Average return on equity (ROE) among peers: 8.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen RoadRover Technology Co Ltd (002813) | CN¥248.84 Million | 46.27% | 1.03x | $475.52 Million |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $9.35 Billion | 10.17% | 1.39x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.63 Billion | 8.78% | 0.95x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $798.46 Million | 1.49% | 1.70x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $671.47 Million | 7.81% | 1.44x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $262.35 Million | 3.86% | 0.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.05 Billion | -7.53% | 1.24x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.65 Billion | 8.43% | 0.86x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $146.05 Million | 29.40% | 2.09x | $3.35 Billion |
About Shenzhen RoadRover Technology Co Ltd
ShenZhen RoadRover Technology Co.,Ltd provides automotive electronic products and solutions for car manufacturers in China and internationally. It offers SVAC series products, cockpit domain controller, central control system, car driving recorder, 360-degree panoramic view system, streaming media rearview mirror, wireless charging/wired fast charging, digital LCD instrument, advanced driver assi… Read more