Shenzhen Kaizhong Precision Technology Co Ltd (002823) - Net Assets
Based on the latest financial reports, Shenzhen Kaizhong Precision Technology Co Ltd (002823) has net assets worth CN¥2.03 Billion CNY (≈ $297.38 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¥3.61 Billion ≈ $527.57 Million USD) and total liabilities (CN¥1.57 Billion ≈ $230.19 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 Kaizhong Precision Technology C to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.03 Billion |
| % of Total Assets | 56.37% |
| Annual Growth Rate | 22.18% |
| 5-Year Change | 33.73% |
| 10-Year Change | 329.47% |
| Growth Volatility | 34.38 |
Shenzhen Kaizhong Precision Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Kaizhong Precision Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Kaizhong Precision Technology C (002823) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Kaizhong Precision Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Kaizhong Precision Technology Co Ltd from 2011 to 2024. For live valuation and market cap data, see 002823 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.92 Billion ≈ $281.50 Million |
+30.53% |
| 2023-12-31 | CN¥1.47 Billion ≈ $215.66 Million |
+4.92% |
| 2022-12-31 | CN¥1.40 Billion ≈ $205.55 Million |
+5.27% |
| 2021-12-31 | CN¥1.33 Billion ≈ $195.26 Million |
-7.24% |
| 2020-12-31 | CN¥1.44 Billion ≈ $210.49 Million |
+5.00% |
| 2019-12-31 | CN¥1.37 Billion ≈ $200.48 Million |
+3.95% |
| 2018-12-31 | CN¥1.32 Billion ≈ $192.85 Million |
+16.05% |
| 2017-12-31 | CN¥1.14 Billion ≈ $166.17 Million |
+13.04% |
| 2016-12-31 | CN¥1.00 Billion ≈ $147.00 Million |
+124.28% |
| 2015-12-31 | CN¥447.92 Million ≈ $65.54 Million |
+19.51% |
| 2014-12-31 | CN¥374.78 Million ≈ $54.84 Million |
+18.23% |
| 2013-12-31 | CN¥316.99 Million ≈ $46.39 Million |
+27.38% |
| 2012-12-31 | CN¥248.85 Million ≈ $36.42 Million |
+75.05% |
| 2011-12-31 | CN¥142.16 Million ≈ $20.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Kaizhong Precision 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 grown by 3030.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥644.96 Million | 33.53% |
| Common Stock | CN¥328.37 Million | 17.07% |
| Other Components | CN¥950.35 Million | 49.40% |
| Total Equity | CN¥1.92 Billion | 100.00% |
Shenzhen Kaizhong Precision Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Kaizhong Precision Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
$780.70 Million |
|
Apogee Enterprises Inc
NASDAQ:APOG
|
$780.82 Million |
|
Jiangsu Luokai Mechanical & Electrical Co Ltd Class A
SHG:603829
|
$780.90 Million |
|
Carasso
TA:CRSO
|
$781.23 Million |
|
Beijing Beilu Pharmaceutical
SHE:300016
|
$780.01 Million |
|
Cantaloupe Inc
NASDAQ:CTLP
|
$779.96 Million |
|
Jiangxi Salt Industry Group Co. Ltd. A
SHG:601065
|
$779.74 Million |
|
Aspen Group
AU:APZ
|
$779.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Kaizhong Precision Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,473,749,037 to 1,923,685,465, a change of 449,936,428 (30.5%).
- Net income of 170,110,812 contributed positively to equity growth.
- Dividend payments of 146,516,721 reduced retained earnings.
- Share repurchases of 30,999,254 reduced equity.
- Other factors increased equity by 457,341,591.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥170.11 Million | +8.84% |
| Dividends Paid | CN¥146.52 Million | -7.62% |
| Share Repurchases | CN¥31.00 Million | -1.61% |
| Other Changes | CN¥457.34 Million | +23.77% |
| Total Change | CN¥- | 30.53% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Kaizhong Precision 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: 2.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.20x to 2.36x 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¥0.85 | CN¥16.24 | x |
| 2012-12-31 | CN¥1.18 | CN¥16.24 | x |
| 2013-12-31 | CN¥1.49 | CN¥16.24 | x |
| 2014-12-31 | CN¥1.74 | CN¥16.24 | x |
| 2015-12-31 | CN¥2.08 | CN¥16.24 | x |
| 2016-12-31 | CN¥4.53 | CN¥16.24 | x |
| 2017-12-31 | CN¥3.95 | CN¥16.24 | x |
| 2018-12-31 | CN¥4.53 | CN¥16.24 | x |
| 2019-12-31 | CN¥4.80 | CN¥16.24 | x |
| 2020-12-31 | CN¥4.98 | CN¥16.24 | x |
| 2021-12-31 | CN¥4.65 | CN¥16.24 | x |
| 2022-12-31 | CN¥4.91 | CN¥16.24 | x |
| 2023-12-31 | CN¥5.19 | CN¥16.24 | x |
| 2024-12-31 | CN¥6.88 | CN¥16.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Kaizhong Precision 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): 8.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.58%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.85x
- Recent ROE (8.84%) is below the historical average (13.01%), 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 | 30.39% | 6.99% | 1.62x | 2.69x | CN¥28.99 Million |
| 2012 | 24.74% | 9.72% | 1.42x | 1.80x | CN¥36.69 Million |
| 2013 | 24.09% | 10.44% | 1.31x | 1.77x | CN¥44.68 Million |
| 2014 | 20.27% | 9.15% | 1.26x | 1.76x | CN¥38.48 Million |
| 2015 | 20.37% | 10.37% | 0.95x | 2.06x | CN¥46.46 Million |
| 2016 | 12.81% | 11.53% | 0.69x | 1.62x | CN¥28.24 Million |
| 2017 | 13.43% | 11.02% | 0.71x | 1.72x | CN¥38.95 Million |
| 2018 | 8.61% | 6.79% | 0.59x | 2.16x | CN¥-18.35 Million |
| 2019 | 4.79% | 3.24% | 0.63x | 2.35x | CN¥-71.39 Million |
| 2020 | 5.82% | 4.36% | 0.56x | 2.39x | CN¥-60.16 Million |
| 2021 | 0.96% | 0.52% | 0.69x | 2.66x | CN¥-120.69 Million |
| 2022 | 1.76% | 0.93% | 0.72x | 2.64x | CN¥-115.68 Million |
| 2023 | 5.21% | 2.54% | 0.79x | 2.60x | CN¥-70.66 Million |
| 2024 | 8.84% | 5.58% | 0.86x | 1.85x | CN¥-22.26 Million |
Industry Comparison
This section compares Shenzhen Kaizhong Precision Technology Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,680,224,230
- Average return on equity (ROE) among peers: 10.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | CN¥2.03 Billion | 30.39% | 0.77x | $780.34 Million |
| Bosun Tools Co Ltd (002282) | $213.66 Million | 25.32% | 0.75x | $535.80 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $944.80 Million | 8.52% | 0.08x | $670.77 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.26 Billion | 7.26% | 0.27x | $537.47 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $9.04 Billion | 14.94% | 0.51x | $5.98 Billion |
| Geron Co Ltd (002722) | $1.91 Billion | 3.09% | 0.60x | $510.88 Million |
| Zhejiang Zhongjian Technology Co Ltd (002779) | $219.82 Million | 21.71% | 0.72x | $2.16 Billion |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $732.78 Million | 25.37% | 0.42x | $950.76 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $192.84 Million | 23.85% | 0.51x | $979.13 Million |
| Wafangdian Bearing Co Ltd (200706) | $608.27 Million | -33.82% | 4.29x | $143.90 Million |
About Shenzhen Kaizhong Precision Technology Co Ltd
Shenzhen Kaizhong Precision Technology Co., Ltd. engages in the research, development, production, and sale of core precision components in China and internationally. The company offers commutators, connectors and busbars, elastic parts, automotive lightweight parts, precise tools, intelligent equipment, multilayer insulated wire, and slip rings. Its products are used for automotive, household ap… Read more