Shenzhen Envicool Technology Co Ltd
Shenzhen Envicool Technology Co., Ltd. produces and sells temperature control and energy savings solutions and products in China. The company offers room cooling, row-based cooling, and free cooling units; door mounted, floor standing, wall mounted, and corner standing cooling systems; air cooled chillers; turnkey solutions; DC, EC, and HC series air conditioners; EX series heat exchangers; DC sp… Read more
Shenzhen Envicool Technology Co Ltd (002837) - Net Assets
Latest net assets as of September 2025: CN¥3.32 Billion CNY
Based on the latest financial reports, Shenzhen Envicool Technology Co Ltd (002837) has net assets worth CN¥3.32 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¥7.21 Billion) and total liabilities (CN¥3.89 Billion). 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¥3.32 Billion |
| % of Total Assets | 46.1% |
| Annual Growth Rate | 49.94% |
| 5-Year Change | 107.47% |
| 10-Year Change | 1242.74% |
| Growth Volatility | 62.02 |
Shenzhen Envicool Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Envicool Technology 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 Envicool Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Envicool Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.91 Billion | +17.38% |
| 2023-12-31 | CN¥2.48 Billion | +17.72% |
| 2022-12-31 | CN¥2.11 Billion | +13.88% |
| 2021-12-31 | CN¥1.85 Billion | +31.84% |
| 2020-12-31 | CN¥1.40 Billion | +12.78% |
| 2019-12-31 | CN¥1.25 Billion | +15.10% |
| 2018-12-31 | CN¥1.08 Billion | +59.43% |
| 2017-12-31 | CN¥678.51 Million | +13.07% |
| 2016-12-31 | CN¥600.09 Million | +176.58% |
| 2015-12-31 | CN¥216.97 Million | +46.91% |
| 2014-12-31 | CN¥147.69 Million | +40.45% |
| 2013-12-31 | CN¥105.15 Million | +145.51% |
| 2012-12-31 | CN¥42.83 Million | +184.81% |
| 2011-12-31 | CN¥15.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Envicool 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 37402.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.45 Billion | 49.60% |
| Common Stock | CN¥744.36 Million | 25.53% |
| Other Comprehensive Income | CN¥233.78 Million | 8.02% |
| Other Components | CN¥491.61 Million | 16.86% |
| Total Equity | CN¥2.92 Billion | 100.00% |
Shenzhen Envicool Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Envicool Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JSC Halyk bank
F:H4L1
|
$7.73 Billion |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
$7.73 Billion |
|
Smartsheet Inc
NYSE:SMAR
|
$7.74 Billion |
|
Singapore Technologies Engineering Ltd
PINK:SGGKF
|
$7.74 Billion |
|
CONCORDIA FINL GROUP
F:YC3
|
$7.73 Billion |
|
Columbia Banking System Inc
NASDAQ:COLB
|
$7.73 Billion |
|
Procore Technologies Inc
NYSE:PCOR
|
$7.72 Billion |
|
Autoliv Inc
NYSE:ALV
|
$7.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Envicool Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,486,071,338 to 2,915,892,117, a change of 429,820,779 (17.3%).
- Net income of 452,664,376 contributed positively to equity growth.
- Dividend payments of 130,735,632 reduced retained earnings.
- Share repurchases of 18,922,962 reduced equity.
- Other comprehensive income increased equity by 232,413,034.
- Other factors decreased equity by 105,598,037.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥452.66 Million | +15.52% |
| Dividends Paid | CN¥130.74 Million | -4.48% |
| Share Repurchases | CN¥18.92 Million | -0.65% |
| Other Comprehensive Income | CN¥232.41 Million | +7.97% |
| Other Changes | CN¥-105.60 Million | -3.62% |
| Total Change | CN¥- | 17.29% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Envicool 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: 26.74x
- 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 2398.42x to 26.74x 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¥0.04 | CN¥105.08 | x |
| 2012-12-31 | CN¥0.13 | CN¥105.08 | x |
| 2013-12-31 | CN¥0.33 | CN¥105.08 | x |
| 2014-12-31 | CN¥0.40 | CN¥105.08 | x |
| 2015-12-31 | CN¥0.58 | CN¥105.08 | x |
| 2016-12-31 | CN¥1.61 | CN¥105.08 | x |
| 2017-12-31 | CN¥1.34 | CN¥105.08 | x |
| 2018-12-31 | CN¥2.02 | CN¥105.08 | x |
| 2019-12-31 | CN¥2.30 | CN¥105.08 | x |
| 2020-12-31 | CN¥2.56 | CN¥105.08 | x |
| 2021-12-31 | CN¥3.38 | CN¥105.08 | x |
| 2022-12-31 | CN¥3.75 | CN¥105.08 | x |
| 2023-12-31 | CN¥3.40 | CN¥105.08 | x |
| 2024-12-31 | CN¥3.93 | CN¥105.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Envicool 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): 15.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.86%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.06x
- Recent ROE (15.52%) is below the historical average (21.42%), 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 | 31.31% | 9.60% | 1.00x | 3.26x | CN¥3.12 Million |
| 2012 | 62.43% | 18.61% | 1.06x | 3.17x | CN¥22.46 Million |
| 2013 | 31.69% | 15.25% | 0.92x | 2.27x | CN¥22.81 Million |
| 2014 | 28.80% | 15.44% | 0.97x | 1.92x | CN¥27.76 Million |
| 2015 | 31.47% | 16.09% | 1.00x | 1.96x | CN¥46.25 Million |
| 2016 | 12.01% | 13.86% | 0.56x | 1.53x | CN¥12.00 Million |
| 2017 | 12.70% | 10.88% | 0.63x | 1.87x | CN¥18.21 Million |
| 2018 | 9.98% | 10.07% | 0.50x | 1.99x | CN¥-247.34K |
| 2019 | 12.87% | 11.97% | 0.57x | 1.89x | CN¥35.72 Million |
| 2020 | 12.94% | 10.67% | 0.60x | 2.01x | CN¥41.28 Million |
| 2021 | 11.04% | 9.20% | 0.64x | 1.86x | CN¥19.35 Million |
| 2022 | 13.24% | 9.59% | 0.72x | 1.91x | CN¥68.56 Million |
| 2023 | 13.84% | 9.75% | 0.69x | 2.05x | CN¥95.40 Million |
| 2024 | 15.52% | 9.86% | 0.76x | 2.06x | CN¥161.08 Million |
Industry Comparison
This section compares Shenzhen Envicool Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,756,582,101
- Average return on equity (ROE) among peers: 3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Envicool Technology Co Ltd (002837) | CN¥3.32 Billion | 31.31% | 1.17x | $7.73 Billion |
| Huayi Compressor Co Ltd (000404) | $4.62 Billion | 6.27% | 1.54x | $442.00 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.64 Billion | 1.42% | 7.02x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.01 Billion | 5.39% | 0.56x | $1.99 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $253.05 Million | 8.02% | 1.40x | $521.27 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $2.55 Billion | 0.37% | 0.97x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $534.59 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.02 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $4.26 Billion | 10.07% | 2.30x | $779.89 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.87 Billion | 7.25% | 1.03x | $897.36 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $316.43 Million | 11.36% | 5.88x | $460.99 Million |